A pricing strategy in which the price is justified in the customers' eyes by the product received because of attached features and services is referred to as ________.
Answers
Pricing strategy:- value pricing/everyday low pricing [EDLP].
What Is a Pricing Strategy?
Businesses use a pricing strategy to determine how much to charge for their products and services. When setting prices for products, the relationship between margin, price, and selling level is specifically taken into account. Therefore, creating a right pricing strategy that promotes business success is both crucial and challenging.
The price is a factor that has a major impact on a company's revenue. It serves as the primary determinant in the company's financial modeling and has a long-term impact on its revenue, earnings, and investments. Price reveals a company's philosophy, how it deals with rivals, and how much importance it places on its customers.
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Related Questions
Please review the 4 leadership styles of the reading "Leadership styles for the five stages of radical change" and reflect in your learning journal on which style applies to you the most, explain why
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Leadership is a very important and vital element in any organizational setup. Leadership styles have a great impact on the development of the organization and its objectives. The style of leadership used by leaders can affect the productivity, creativity, innovation, and motivation of employees.
In this article, we will review the four leadership styles of the reading "Leadership Styles for the five stages of radical change" and reflect on which style applies to me the most, and why. The first leadership style in this article is the Autocratic leadership style. In this style, the leader has complete control over the decisions, rules, and policies of the organization. The leader makes decisions independently, without considering the opinions of the subordinates. This leadership style can be beneficial in certain situations, like in the case of urgent decision-making.
The second leadership style is the Paternalistic leadership style. In this style, the leader acts as a father figure to the employees, where the leader takes care of their personal problems and works towards their development. This style creates a sense of loyalty and commitment among employees.
The third leadership style is the Democratic leadership style. In this style, the leader allows the subordinates to be involved in decision-making, encourages feedback and suggestions, and creates an environment of cooperation. This style promotes creativity and innovation, and employees are more satisfied with their work.
The fourth leadership style is the Laissez-Faire leadership style. In this style, the leader gives complete freedom to the subordinates to make their own decisions and carry out their work. This style is appropriate in situations where employees are highly skilled and experienced, and where the leader doesn't need to give much direction and support.
After reflecting on these leadership styles, I believe that the Democratic leadership style applies to me the most. I think that it is very important to involve employees in the decision-making process and to create an environment of cooperation and teamwork. This style can lead to greater innovation and creativity and can help employees feel more satisfied with their work.
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According to the video, the work of Heating and Air Conditioning Mechanics and Installers combines the skills of which workers? Check all that apply. Pump Operators Plumbers Electricians Refrigeration Specialists Power Plant Technicians Hydroelectric Production Managers
Answers
Answer:
B,C,D
Explanation:
Plumbers
Electricians
Refrigeration Specialists
Explain the impact of effective purchasing on an operation’s cash flow.
Answers
Answer:
Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.
The effective purchasing is very important to a small business. Purchasing is a key factor for any small business as it influence the performance at all levels.
When the supplies you purchase for consumption do not meet one's needs they will limit the efficiency of the operations you want to carry out and also cash flow in the organization or business. One must to create the right purchasing procedures and closely handle them.
Purchasing systems play an key role in controlling a company's cash outflows this is because they ensure that only the key purchases are made and that they are to be done at good or reasonable prices.
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You open a new bank account at Eastside Savings. You see FDIC stickers around the bank, and the teller specifically mentions that Eastside
Savings is "FDIC Insured". A few months later, you hear on the radio that Eastside Savings is struggling to stay in business. Your savings balance
Is $500. What would happen to that money if Eastside Savings failed?
A.You could lose $250 since FDIC Insurance only covers 50% of the money you have deposited.
B.You would lose all of your money.
C.You would receive $250,000 since FDIC Insurance provides each account at the bank with $250,000 regardless of how much they
have deposited
D.You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Answers
Answer:
The correct option is D. You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Explanation:
Based on the information given what would happen to that money in a situation where Eastside Savings failed is that such individual would receive all the money he/she have deposited at Eastside Savings reason been that FDIC which is fully known as FEDERAL DEPOSIT INSURANCE CORPORATE insurance covers accounts up to the amount of $250,000 and Secondly Eastside Savings is "FDIC Insured".
6) Identifying customers is a business process handled by the human resources function.
A) TRUE
B) FALSE
Answers
Identifying customers is a business process handled by the human resources function. This statement was false. Thus, option (b) is correct.
Typically, the marketing department of a business is in charge of identifying clients. In a company, the marketing function is normally in charge of consumer identification.
In order to build strategies through the creation of products, advertising, pricing, and distribution to suit the needs of clients, the marketing function must first identify and understand their needs and wants.
As a result, the significance of the customers is a business process handled by the human resources function are the aforementioned. Therefore, option (b) is correct.
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Tamora has just graduated from college. when she entered college four years ago, she took out a $9,100 subsidized stafford loan, which has a duration of ten years. the loan has an interest rate of 5.4%, compounded monthly. if tamora makes monthly payments, how much interest will she have paid in total by the time the loan is paid off? round all dollar values to the nearest cent. a. $2,697.20 b. $1,574.00 c. $5,534.00 d. $3,888.08
Answers
For her subsidized stafford loan, Tamora has $2,697 of total interest paid for the last 10 years.
Total interest paid can be find from the remaining amount of the total payment made and the principal loan. To calculate the total interest paid of a loan, we have to find the total payment made within the period first.
To find the total payment, we need to know the monthly payment Tamora made or PMT. PMT can be find using the formula of:
PV = PMT ([1 - (1+r)^-n]/r)
PMT = PV / ([1 - (1+r)^-n]/r)
From the case, we know that:
PV = $9,100
r = 5.4% pa = 0.45% monthly
n = 12 x 10 years = 120 months
Tamora PMT should be:
PMT = PV / ([1 - (1+r)^-n]/r)
PMT = $9,100 / ([1 - (1+0,45%)^(-120)]/0.45%)
PMT = $98.31
Since Tamora has made 120 times payment, the total payment she made is:
Total payment = PMT x n
Total payment = $98,31 x 120
Total payment = $$11,797.03
Then, the total interest paid by Tamora is:
Total interest paid = Total payment - Principal loan
Total interest paid = $11,797.03 - $9,100
Total interest paid = 2,697.03
Total interest paid ≈ 2,697
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Answer:
A $2,697.20
Explanation:
^^
f(5) =
f(3) =
f(-5) =
f(-3) =
Answers
Answer:
53636363633636336366363
Zues Corporation is planning to issue bonds with a face value of $ 800,000 and a coupon rate of 4 percent. The bonds mature in two years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Zues uses the effective-interest amortization method and does not use a discount account. Assume an annual market rate of interest of 6 percent.
Required:
(c) What bonds payable amount will Zues report on its December 31 balance sheet?
Answers
Zues Corporation will report $776,000 as the bonds payable amount on its December 31 balance sheet.
On its December 31 balance sheet, Zues Corporation will report the bonds payable amount as the face value of the bonds minus the portion of the bond that has been repaid.
To calculate the bonds payable amount, we need to determine the amount of interest expense for the year and subtract it from the face value of the bonds.
First, let's calculate the semiannual interest payment. The coupon rate is 4 percent, so the annual interest payment is 4% x $800,000 = $32,000. Since the interest is paid semiannually, the semiannual interest payment is $32,000 / 2 = $16,000.
Next, we need to calculate the interest expense for the year. The effective interest method is used, which means that the interest expense is based on the market rate of interest. The annual market rate of interest is 6 percent, so the semiannual market rate is 6% / 2 = 3%. The interest expense for the year is $800,000 x 3% = $24,000.
Finally, we can calculate the bonds payable amount on the balance sheet. The face value of the bonds is $800,000, and the interest expense for the year is $24,000. Therefore, the bonds payable amount on the December 31 balance sheet will be $800,000 - $24,000 = $776,000.
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which developmental stage brings with it the most changes and the most demands? group of answer choices
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The adolescent stage brings with it the most changes and the most demands. Adolescence is a period of significant physical, cognitive, and socioemotional development.
Adolescence is a period of significant physical, cognitive, and socioemotional development. It is a transitional stage between childhood and adulthood, characterized by numerous changes and challenges. During this stage, individuals experience rapid physical growth, hormonal changes, and the development of secondary sexual characteristics. These physical changes often come with an increased need for self-identity, self-expression, and a sense of belonging.
Cognitively, adolescents undergo notable changes in thinking abilities, including the development of abstract and hypothetical reasoning, as well as the ability to think critically and reflect on their own thoughts and beliefs. This cognitive growth introduces new intellectual capacities, but also new complexities and challenges in decision-making, planning, and problem-solving.
Socioemotional development during adolescence involves navigating new social roles and relationships, forming one's identity, and establishing autonomy from parents or guardians. Adolescents often face pressure to conform to peer norms, experience heightened emotional intensity and grapple with self-esteem and identity formation.
Considering the multitude of physical, cognitive, and socioemotional changes, as well as the increased demands for independence and self-discovery, adolescence is widely recognized as the developmental stage that brings the most changes and the most demands.
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If the price of oranges, a substitute for apples, increases. What will happen to the demand for apples?.
Answers
The demand for apples will increase if the price of its substitute product (orange) increases.
What is the substitution law?In economics, when the price of one product increase, the consumer will likely patronize the other substitute product because its price is not high.
Hence, in this case, the demand for apples will increase if the price of its substitute product (orange) increases.
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Inline Content: Site 1
lick to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional question
ive an example of a process that may need flowchart to clarify procedures. Provide details to help explain your answer.
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One example of a process that may need a flowchart to clarify procedures is the customer complaint resolution process in a retail store.
This process typically involves multiple steps, such as receiving the complaint, assessing the issue, escalating it to the appropriate department, investigating, and providing a resolution to the customer. By creating a flowchart, the various steps and decision points in the process can be visually represented, including who is responsible for each task and the communication flow between departments.
This helps clarify the sequence of actions, potential bottlenecks, and areas for improvement. The flowchart provides a clear and standardized guide for employees, ensuring consistent and efficient handling of customer complaints.
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a trademark is business information that represents something of economic value, has required effort or cost to develop, has some degree of uniqueness or novelty, is generally unknown to the public, and is kept confidential.
Answers
False a trademark is business information that represents something of economic value, has required effort or cost to develop, has some degree of uniqueness or novelty, is generally unknown to the public, and is kept confidential.
A trademark is enterprise statistics that represents something of monetary value, has required attempt or fee to develop, has a few diplomas of forte or novelty, is typically unknown to the public, and is stored confidential.
The Prioritizing Resources and Organization for Intellectual Property (PRO-IP) Act of 2008 extended trademark and copyright enforcement and notably extended consequences for infringement.
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This assignment will help you apply porter's forces to an organization to find competitive opportunities using technology. ASSIGNMENT In this assignment you will choose an organization, and then walk through each force and ultimately choose a technology strategy to create an advantage. - Choose an industry, and then choose an organization within that industry. Describe both briefly. - Using Porter's Five Forces, for each force describe a 'problem' and an 'opportunity' within each force for the organization you selected in the above step. For Example: If I chose fast food and McDonald's, a problem for McDonalds in the customer force is that customers are increasingly becoming health focused. An opportunity for McDonald's would be to explore 'power shakes' that include workout supplements. - Next, examine the four basic competitive strategies. For each strategy, identify your selected organization's main competitor that would fit in that strategy (describe why you feel it fits). Which strategy (area) provides the most opportunity for your organization and which area does your organization belong to? - Finally, make a statement on what your selected organization's strategy should be.
Answers
Industry and Organization The industry that has been chosen for this analysis is the Automobile industry. The organization that has been selected for this analysis is Tesla. Tesla is an American company that specializes in the manufacturing of electric vehicles, solar panels, energy storage, and related products. Tesla is considered as one of the leading companies in the electric vehicle industry.Porter's Five Forces Porter's Five Forces is a framework that is used for industry analysis and is utilized to identify the competitive intensity of an industry.
The five forces are Supplier Power, Buyer Power, Competitive Rivalry, Threat of Substitution, and Threat of New Entry. The following is the analysis of each force for Tesla.Supplier Power The supplier power is considered to be low for Tesla as the company produces most of its own parts and components. Furthermore, Tesla has partnerships with suppliers that help the company in maintaining a steady supply chain. The opportunity for Tesla is to invest in research and development to find new materials and reduce the cost of manufacturing.Buyer Power The buyer power is moderate for Tesla as the company has a loyal customer base, which has a limited number of choices in the electric vehicle market. The opportunity for Tesla is to expand its product line and cater to a wider customer base.Competitive Rivalry The competitive rivalry in the electric vehicle industry is intense with companies such as BMW, Chevrolet, and Nissan as its competitors. Tesla has a competitive advantage due to its brand image, superior technology, and charging infrastructure. The opportunity for Tesla is to expand its presence in the market and focus on its unique selling points.Threat of Substitution The threat of substitution for Tesla is moderate, as some customers might opt for hybrid vehicles or traditional gasoline vehicles. The opportunity for Tesla is to expand its product line and offer vehicles with different price ranges and models.Threat of New Entry The threat of new entry is low for Tesla as the company has established itself as a leading company in the electric vehicle market.
Furthermore, the company has an extensive charging infrastructure and access to a large pool of talent. The opportunity for Tesla is to expand globally and reach out to untapped markets.Competitive Strategies The four basic competitive strategies are Cost Leadership, Differentiation, Cost Focus, and Differentiation Focus. The following is the analysis of each strategy for Tesla.Cost Leadership The main competitor that fits in this strategy for Tesla is Chevrolet Bolt. Chevrolet Bolt has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market. Differentiation The main competitor that fits in this strategy for Tesla is BMW i3. BMW i3 is considered to be a premium electric vehicle that has a unique design and advanced features.
Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.Cost Focus The main competitor that fits in this strategy for Tesla is Nissan Leaf. Nissan Leaf has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market.Differentiation Focus The main competitor that fits in this strategy for Tesla is Porsche Taycan. Porsche Taycan is considered to be a premium electric vehicle that has a unique design and advanced features. Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.
The strategy that provides the most opportunity for Tesla is Differentiation as it is an established brand that has a loyal customer base. Tesla should focus on introducing new products, expanding its charging infrastructure, and improving its technology. Tesla belongs to the Differentiation area.StatementTesla should focus on differentiation and offer unique products and services that cater to the needs of its customers. Tesla should expand its charging infrastructure and invest in research and development to improve its technology. Tesla should also consider introducing an entry-level electric vehicle to cater to the mass market.
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Introduction, growth, maturity, decline
Which of the following is the correct order for the product life cycle?
Answers
The correct order for the product life cycle is introduction, growth, maturity, and decline.
Introduction is the initial stage where the product is launched into the market, and sales are slow as consumers are not yet familiar with the product. In the growth stage, sales begin to rise as the product gains acceptance and popularity among consumers.
Maturity is the stage where sales peak, and the product reaches its maximum potential in the market. In the decline stage, sales begin to decline due to various reasons such as increased competition or changes in consumer preferences.
It is essential for companies to understand the product life cycle to make informed decisions about marketing, pricing, and product development to maximize profits and extend the product's life cycle.
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Wildhorse Corp had sales of $376,000 in 2017. If management expects its sales to be $476,450 in 3 years, what is the annual rate at which the company's sales are expected to grow? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 2 decimal places, e.g. 8.72%.) Annual growth rate %
Answers
To calculate the annual growth rate, we can use the formula:
Annual Growth Rate = ((Ending Value / Beginning Value)^(1 / Number of Years)) - 1
In this case:
Beginning Value = $376,000
Ending Value = $476,450
Number of Years = 3
Plugging in the values into the formula, we get:
Annual Growth Rate = (($476,450 / $376,000)^(1 / 3)) - 1
Calculating the expression inside the parentheses first:
($476,450 / $376,000)^(1 / 3) ≈ 1.0738
Substituting the result back into the formula:
Annual Growth Rate = 1.0738 - 1 ≈ 0.0738
Converting the decimal to a percentage:
Annual Growth Rate ≈ 7.38%
Therefore, the annual rate at which the company's sales are expected to grow is approximately 7.38%.
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The law of supply tell us there is a negative, or inverse relationship between:_____.
a. the price of a good and the quantity supplied.
the higher the price, the lower the quantity supplied.
that as the price of a good increases, producers will increase the quantity supplied.
the positive relationship between the price of a good and quantity demanded by consumers.
Answers
Explanation:
the positive relationship between the price of a good and quantity demanded by consumers.
Chen is listing questions to help him evaluate his career choice of French language translator. Which question would best help him think critically about his career choice?
Answers
Answer:
This question is incomplete, it misses the options. The optiones are the following:
A. Which countries in the world have French as their first language? B. How much will it cost to train for this career choice? C. Which language other than French is beneficial to learn? D. Is translation a career that many people respect?
And the correct answer is the option B: how much will it cost to train for this career choice?
Explanation:
To begin with, the fact that the second question is the one that will best help him in order to think critically about his career choice is that because he needs to now how much will he need in order to learn that career and if the costs will be worth it in the case of choosing it and for that he will need to compare the costs with the approximates benefits that he will have in the future. That is why, Chen needs to questions himself if the costs will be worth it.
Differentiate between norminal wages and real wages
Answers
Answer:
A norminal wage is not adjusted for inflation and real wage is adjusted for inflation
To respond successfully to a dos attack a good ______ plan is needed that includes details of how to contact technical personal for your isp(s).
Answers
To respond successfully to a dos attack a good incident response plan is needed that includes details of how to contact technical personnel for your isp(s).
Incident response is a prepared method to address and cope with the aftermath of a safety breach or cyberattack, additionally referred to as an IT incident, computer incident, or security incident. The intention is to address the scenario in a way that limits damage and reduces healing time and prices.
On the occasion of a cybersecurity incident, great practice incident reaction tips observe a well-set up seven step procedure: prepare; pick out; incorporate; eradicate; repair; research; test and Repeat: instruction subjects: the important thing phrase in an incident plan isn't 'incident'; training is the whole thing.
The importance of incident reaction is such that it is able to have a massive effect at the lifestyles of a enterprise. A security incident and cyber-attack can value an employer time, cash, its recognition and, in the end, its clients. Having an effective incident reaction characteristic will minimise those negative impacts.
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Which exit strategy can you use when you are unable to locate a buyer for your business?
A.
file for tax returns
B.
venture into a new business
C.
repay your loans
D.
liquidate the business
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hope this helps !!
please help me with this match the column if i get perfect answer then i will give brainliest
Answers
Answer:
what do you need help on
Explanation:
government intervention is one possible solution for market failure. what is one possible reason why a government-controlled used car market may not provide an efficient outcome?
Answers
Correcting market failure issues related to public goods, outside costs and benefits, and perfectly competitive is one of the functions of government. It is always possible for government intervention to lower deadweight losses by bringing markets nearer to efficient solutions.
An outcome can only be accomplished if government actors focus on helping the economy rather than exploiting this option to obtain their personal incentives out of it if government intervention is taken to address market failure.
Government intervention:
Government intervention to correct market imperfections and regulate the macroeconomy may fall short of achieving a socially effective resource allocation. Government engagement in the economy that results in inefficiency and the improper use of limited resources is known as "government failure."
Government-controlled used automobile markets may not be able to achieve the efficient results that we anticipate since the government's incentives may not be in line with what market efficiency prefers.
Government players might have their own motivations that might not line up with the efficiency of the market, which is one cause why a government-controlled used automobile market might not produce an efficient result.
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Which asset made belgium a good place to establish the first industrialized textile manufacturer.
Answers
Explain how you would apply any five pricing techniques to attract ccustomers
Answers
Answer:
1. Price skimming. Skimming involves setting high prices when a product is introduced and then gradually lowering the price as more competitors enter the market. 2. Market penetration pricing 3. Premium pricing. 4. Economy pricing. 5. Bundle pricing. (these are just some that I know)
Explanation:
how has the right to education addressed to differently able persons?How far is it appropriate to keep such provision with view of justice?Present your logics.
Answers
Answer:
,
Explanation:
i think this is answer right
Explain how the U.S. economic system differs from the economic system in Cuba.
Answers
Dispatching involves the use of logic that guides the prioritizing of jobs at a workstation. These rules are referred to as lot-sizing rules. True or False
Answers
Batch sizing rules are called the dispatching that involves the use of a logic that guides the prioritization of jobs in a workstation. Therefore, the statement is true.
Because they are used to determine the optimum number of jobs that should be processed together on a workstation.
What are the factors taken into account in the lot sizing rules?The logic behind batch sizing rules takes into account factors such as:
The type of jobThe time required to process the jobThe amount of resources required to process the jobBy taking these factors into account, batch sizing rules help to ensure that jobs are processed in an efficient and effective manner.
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All of the following tests are included in the ethical decision-making metric except. Multiple Choice:
-the admired observer test.
-the legality test.
-the moral mentor test.
-the publicity test.
-the transparency test.
Answers
The legality test, the morally mentor test, and also the admired observer test are examples of tests that are frequently included in the ethical decision-making metric.
What are the four phases of making ethical decisions?James Rest (1994) created a theoretical concept of ethical decision-making that takes into account four different cognitive factors: moral awareness, moral principle, moral intent, and moral action. This model focuses on the process of comprehending and solving an ethical issue.
What exactly is an ethical decision?The process of assessing and selecting among options in a way that is compatible with ethical values is referred to as ethical decision-making .When making ethical decisions, it's critical to be aware of the possibility of unethical behavior, eliminate it, and select the most ethical course of action.
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Which of the following is the purpose behind the Equal Employment Opportunity Commission (EEOC)? A. To make sure everyone gets the same pay B. To make job position criteria easier to meet C. To make available jobs known to the public D. To eliminate workplace discrimination
Answers
The option that is the purpose behind the Equal Employment Opportunity Commission (EEOC) is option D. To eliminate workplace discrimination. Read below about Equal Employment Opportunity Commission (EEOC).
What is the import of Equal Employment Opportunity Commission (EEOC)?The Equal Employment Opportunity Commission (EEOC) is the agency responsible for enforcing federal laws regarding discrimination or harassment against a job applicant or an employee in the United States.
Therefore, the correct answer is as given above
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4 purchased merchandise on account from salinas company; invoice 100 for $1,095; terms n/30. 15 recorded purchases for cash, $1,580. 30 paid amount due to salinas company for the purchase on june 4.
Answers
The company made 15 recorded purchases merchandise for cash, totaling $1,580.
On June 4th, the company purchased 4 merchandise items on account from Salinas Company, amounting to $1,095, with terms of n/30, indicating payment within 30 days. Throughout the month, the company made 15 recorded purchases for cash, totaling $1,580. On June 30th, the company settled the outstanding amount owed to Salinas Company for the June 4th purchase. This payment ensured that the company fulfilled its financial obligation within the agreed timeframe. The transaction represents a typical accounts payable scenario, where goods are purchased on credit, recorded purchases are made for cash, and timely payment is made to the creditor to maintain good financial standing.
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