salespeople responsible for existing customers emphasize selling products over servicing and relationship building.
Answers
It is accurate and accurate to say that salespeople in charge of repeat business prioritize selling items over providing customer service, and that developing relationships with clients and prospects is a key component of such interactions.
You persuade clients to purchase a good or service as a salesperson. You direct the customer's journey from the first point of contact all the way up to the point of sale, utilizing one-on-one communication to match your product with their desires and requirements.
You employ a range of strategies to boost sales throughout the short and long terms. Salespeople are adept in communicating, open to their clients, and capable of demonstrating the worth of their goods.
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Related Questions
calculate the percentage by mass of all the components element in sodium trioxonitrate(v)
Answers
Sodium =27.05
Nitrogen=16.47
Oxygen=56.46
A company's balance sheet has total assets of $400 000 and total equity of $350 000.
Answers
A corporation has $726 000 in assets and $213 000 in liabilities. Equity is $5,13,000 in total.
Equity: What Is It?When discussing assets of the company with future liabilities, such as debts, we use the term equity. Liabilities are subtracted from asset values to determine equity for accounting purposes. Equity is the amount that would remain in the hands of a company's shareholders after all of its assets have been sold and all of its debts have been paid. The amount of possession as remains in a business or item after all debts connected to that commodity have been settled is also known as equity.
Equity in Example: What is it?Liabilities can be deducted from assets to calculate equity.
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paying dividends to stockholders reduces taxable income because dividends are an expense. t or f
Answers
Answer:
False is the correct answer.
Explanation:
Why is it important for public corporations to comply with audits
Answers
Answer:
Explanation:
Accounting and auditing professionals serve an absolutely vital role in our capital markets. Transparent, informative and accurate financial reporting are the lifeblood of the capital markets and are essential for investors to make informed decisions as to how to allocate their capital.
How will taxation influence the circular flow model
Answers
Answer:
TMS
Explanation:
Taxes (T) imposed by the government reduced the flow of income.
Money paid to foreign companies for imports (M) also constitutes a leakage.
Savings (S) by businesses that would have been put to use are a decrease in the circular flow of an economy's income.
How does competition help consumers?
Answers
What is an accurate description of the correlation between the movement of stock markets in the world's four largest equity markets
Answers
The correlation between the movement of stock markets in the world's four largest equity markets, which are the United States, Japan, China, and the United Kingdom, is a complex and dynamic phenomenon. While there are certainly times when these markets move in sync, there are also times when they move independently of one another.
One factor that can affect the correlation between these markets is the global economic climate. During times of economic uncertainty or recession, for example, all four markets may experience significant declines in value. Similarly, when global economic growth is strong, all four markets may experience simultaneous increases in value.
Another factor that can affect the correlation between these markets is political instability or uncertainty. For example, if there is a major political event in one of these countries, such as a presidential election or a major policy change, it may cause that market to move independently of the others.
Overall, it is safe to say that there is some level of correlation between the movement of stock markets in the world's four largest equity markets, but that correlation is not always consistent or predictable. Investors who want to build a diversified portfolio that is not overly reliant on any one market should pay close attention to global economic and political trends, as well as the performance of individual companies within each market.
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Why might a business choose to lease office space rather than buy office space?
A) They have plans to build their own site in a few months.
B) There isn't any office space available to buy in the preferred location.
C) The price of real estate is expected to fall, so they will pay less for the office space in five (5) months.
D) All of these are reasons to lease office space instead of buy.
Answers
Answer:
D) All of the above.
Explanation:
In the first case, it's better to wait if they are about to have their own office.
In the Second case, location is an important aspect of the business thus to get an optimum business thus location is a constraint
Last but not the least in third Case, Budget control is there to have lesser expenses by buying property at a lower cost.
There isn't any office space available to buy in the preferred location. A business may choose to lease office space instead of buying if they are unable to find a suitable property to purchase in their preferred location. Therefore, option B is correct.
Why might a business choose to lease office space rather than buy office space?A business may choose to lease office space instead of buying for several reasons. One of the most common reasons is that they may not be able to find a suitable property to purchase in their preferred location.
Leasing also provides businesses with flexibility, as they can often negotiate shorter lease terms than they would need to commit to when purchasing a property.
This can be particularly beneficial for businesses that are growing or experiencing changes in their space requirements.
Leasing can also allow businesses to conserve capital and avoid the significant upfront costs associated with purchasing a property.
Additionally, leasing can provide access to facilities and services that might not be available if the business were to purchase a property.
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Sirius Cybernetics Corp does not plan to issue a dividend for 9 years. On the 1oth year, the company plans to issue a dividend of $1.90 and expects future dividends to grow by 3.7% each year thereafter. If you require a return of 9.0%, what is the maximum price you are willing to pay today for this stock? A. $19.81 B. $16.51 C. $23.77 D. $13.75E. $28.52
Answers
The maximum price you are willing to pay for this stock today is $28.52. Option E.
To determine the maximum price you are willing to pay for a stock, you must calculate the present value of its future cash flows. In this case, the future cash flows consist of a single dividend in year 10 and a growing stream of dividends thereafter. To calculate the present value of these cash flows
\(PV = (D / (r - g)) + (D * (1 + g) / (r - g)^2)\)
where PV is the present value, D is the dividend in year 10, r is your required return, and g is the expected dividend growth rate.
Using the given values, you can calculate the present value of the future cash flows:
PV = ($\(1.90 / (0.09 - 0.037)) + ($1.90 * (1 + 0.037) / (0.09 - 0.037)^2)\)
PV = $28.52
Therefore, the maximum price you are willing to pay for this stock today is $28.52. So Option E is correct.
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The answer is B. To determine the maximum price you are willing to pay today for the stock, we need to calculate the present value of the future dividends and the future selling price of the stock.
We can use the dividend discount model to calculate the present value of the dividends, and the constant growth model to calculate the future selling price of the stock.
The present value of the dividends can be calculated using the following formula:
PV = D / (1 + r)^t
where PV is the present value of the dividends, D is the dividend payment in year t, r is the required return, and t is the number of years in the future.
Using the given information, we can calculate the present value of the dividends in year 10 as follows:
PV10 = $1.90 / (1 + 0.09)^10
= $0.807
We can then use the constant growth model to calculate the future selling price of the stock, which can be expressed as follows:
P = D * (1 + g) / (r - g)
where P is the future selling price, D is the dividend payment in year 11, g is the expected growth rate of the dividends, and r is the required return.
Using the given information, we can calculate the future selling price of the stock in year 11 as follows:
P11 = $1.90 * (1 + 0.037) / (0.09 - 0.037)
= $35.17
Finally, we can calculate the maximum price we are willing to pay today for the stock by summing up the present value of the dividends and the future selling price of the stock, discounted to their present values:
Max Price = PV10 + P11 / (1 + r)^10
= $0.807 + $35.17 / (1 + 0.09)^10
= $16.51
Therefore, the maximum price you are willing to pay today for this stock, given the information provided, is $16.51. The answer is B.
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With the help of online research, write a short report on “glocalization.”
Answers
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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Posttest
Your boss called you inta meeting this morning to tell you that he feels that you are not being as productive as you could be. He thinks you are wasting time on things that don't matter. What is the best strategy to address his concerns and to help you overcome whatever productivity issues you may have?
Answers
Approach your boss's concerns with an open mind, being transparent about your work activity, taking ownership of your progress, setting goals and deadlines, prioritizing your work, and using productivity tools can help to address any productivity issues you may be facing.
Tips that may help you approach the conversation with your boss in a productive manner:1. Listen carefully to your boss's concerns: Your boss's feedback is valuable, and it's important to listen to what they have to say about your productivity. Make sure to fully understand their concerns before responding.
2. Be transparent about your work:- Provide your boss with a detailed account of your work activities so that they can get a better sense of what you are spending your time on.
3.Take responsibility for improvement: As an employee, it's important to take ownership of your productivity issues and find solutions to any weaknesses that have been identified. Instead of blaming external factors, focus on what you can do differently to become more efficient and productive.
4. Set clear goals and deadlines: Work with your boss to set specific goals and deadlines for your work. This will help you stay focused and give you a clear sense of what you need to accomplish each day.
5. Prioritize your work: There are always going to be distractions and competing demands on your time, but it's important to prioritize your work based on what is most important and what will have the greatest impact on achieving your goals.
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Individuals who fail to complete high school are at an increased risk for
1. Unemployment
2. Underemployment
3. Imprisonment
4. All of the above
Answers
Answer:
unemployment!
The W.C. Pruett Corp. has $600,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 7%. In addition, it has $600,000 of common stock on its balance sheet. It finances with only debt and common equity, so it has no preffered stock. Its annual sales of $2.7 million, its average tax rate is 35%, and its profit margin is 7%. What are its times-interest-earned (TIE) ratio and its return on invested capital (ROIC)?
Answers
The Times Interest Earned (TIE) Ratio for W.C. Pruett Corporation is 6.576, indicating that the company has a good ability to pay off its interest payments. Its ROIC is 14.93%, indicating that it is earning a decent return on its invested capital.
Times Interest Earned (TIE) Ratio and Return on Invested Capital (ROIC):The times-interest-earned (TIE) ratio and return on invested capital (ROIC) are financial ratios that assess a company's profitability. In this scenario, the W.C. Pruett Corporation has $600,000 in interest-bearing debt outstanding and pays an annual interest rate of 7%.
Furthermore, its balance sheet contains $600,000 in common stock. Its annual sales are $2.7 million, and its average tax rate is 35%, with a profit margin of 7%. The times-interest-earned (TIE) ratio is a metric that measures a company's ability to pay its interest charges on its outstanding debt.
A high TIE ratio indicates that a company has the ability to pay off its interest payments. The TIE ratio is calculated as earnings before interest and taxes (EBIT) divided by the total interest payments.
The TIE ratio for W.C. Pruett Corporation is as follows:
TIE Ratio = EBIT / Interest payments
The company's EBIT is calculated as follows:
EBIT = Net income + Interest expense + Tax expense = $189,000 + $42,000 + $45,150 = $276,150
The interest payments are calculated as follows:
Interest payments = Total debt × Interest rate = $600,000 × 0.07 = $42,000
Now we can put everything together to calculate the TIE ratio:
TIE Ratio = $276,150 / $42,000 = 6.576
The ROIC metric, on the other hand, assesses the return a company earns on its invested capital.
To calculate ROIC, divide the company's net operating profit after tax (NOPAT) by its invested capital.
ROIC = NOPAT / Invested Capital W.C. Pruett Corporation's NOPAT is calculated as follows:
NOPAT = EBIT × (1 − Tax rate) = $276,150 × (1 − 0.35) = $179,198.50
The invested capital is the sum of the interest-bearing debt and common stock on the balance sheet.
Interest-bearing debt + Common Stock= $600,000 + $600,000 = $1,200,000
Now we can calculate the ROIC:
ROIC = $179,198.50 / $1,200,000 = 0.1493 or 14.93%.
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four reasons why Corona virus could be harmful to economic growth??
Answers
Answer:
Employees have to be let go because social distancing is a thing
Businesses are not getting enough customers because of quarantine, which leads to them shutting down
Factories that supply stores are shut down to prevent spread in factory lines
For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability
Imagine that you have been hired to create an ad campaign for a product. The client wants you to create three different taglines to persuade people to buy the product: one that appeals to authority, one that is based on a fallacy of presumption, and one based on argumentum ad populum. Briefly describe your product and provide the three taglines. (THIS IS CRITICAL THINKING!!)
Answers
The product is a new type of water filtration system for home use.
Tagline appealing to authority: "Endorsed by top water experts, our filtration system is the choice of professionals."
Tagline based on fallacy of presumption: "Upgrade to our filtration system and never worry about the quality of your water again."
Tagline based on argumentum ad populum: "Join the millions of satisfied customers who trust our filtration system for their home's water needs."
It's important to note that using fallacies and manipulation tactics in advertising is not ethical and can be misleading to the consumer. It's better to use truthful, clear and honest information to promote a product and its features and benefits.
Gary Stevens and Mary James are production managers in the Consumer Electronics Division of General Electronics Company, which has several dozen plants scattered in locations throughout the world. Mary manages the plant located in Des Moines, Iowa, while Gary manages the plant in EI Segundo, California. Production managers are paid a salary and get an additional bonus equal to 5 % of their base salary if the entire division meets or exceeds its target profits for the year. The bonus is determined in March after the company's annual report has been prepared and issued to stockholders.
Shortly after the beginning of the new year, Mary received a phone call from Gary that went like this:
Gary: How's it going, Mary?
Mary: Fine, Gary. How's it going with you?
Gary: Great! I just got the preliminary profit figures for the division for last year and we are within 200,000 of making the year's target profits. All we have to do is pull a few strings, and we'll be over the top!
Mary: What do you mean?
Gary: Well, one thing that would be easy to change is your estimate of the percentage completion of your ending work in process inventories. Mary: I don't know if I can do that, Gary. Those percentage completion figures are supplied by Tom Winthrop, my lead supervisor, who I have always trusted to provide us with good estimates. Besides, I have already sent the percentage completion figures to corporate headquarters.
Gary: You can always tell them there was a mistake. Think about it, Mary. All of us managers are doing as much as we can to pull this bonus out of the hat. You may not want the bonus check, but the rest of us sure could use it.
The final processing department in Mary's production facility began the year with no work in process inventories. During the year, 210,000 units were transferred in from the prior processing department and 200,000 units were completed and sold. Costs transferred in from the prior department totaled 39,375,000. No materials are added in the final processing department. A total of 20,807,500 of conversion cost was incurred in the final processing department during the year.Required:
(b) Does Gary Stevens want the estimated percentage completion to be increased or decreased? Explain why.
Answers
The percentage of completion of work in prepare stock is an appraise of the inventory's completion relative to the complete generation process. Rate of completion is one of the bookkeeping estimates that are helpless to subjective inclinations. The rate of completion incorporates a critical salary on the money related articulations
Gary Stevens wants the expected percentage completion to be escalated(increased) because he wants to get additional bonus which is paid at the rate of 5% of the basic pay. That is why he wants Mary to manipulate the figures to get the additional bonus.Gary Stevens desparately wants the margin to grow. To increase the margins, he has to lessen the cost of goods sold.In process of lessen the cost of goods sold, he has to improve the equivalent production. And if one wants to increase the production equivalent figures, then there will be more calculated percentage completion finished work in process.To know more about percentage of completion visit:
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Comentario sobre el Artículo 655 del Comercio en Guatemala
Answers
Answer:
what is ur question Imao
Explanation:
The value of a product offering is determined by the customer and varies accordingly. how does a retailer like walmart deliver value differently than banana republic?
Answers
Walmart is known for its capacity to provide "items so darn cheap you can't believe it." But Walmart's business model is more than just low prices.
To compete with Amazon and other online retailers, Walmart has expanded its omnichannel experience to include online ordering and in-store pickup. According to Packaged Facts, Walmart's "click-and-collect" grocery sales will increase by 154% on average per year from 2017 through 2021. Customers who buy for groceries online at Walmart are attracted by the low pricing, one-stop convenience, brand availability, and curbside service.According to Packaged Facts, financial services and related goods produce approximately $1.6 billion in revenue. This figure does not even include money generated by Walmart's partners, which include Green Dot, MoneyGram, and Synchrony Financial.Another area where Walmart excels is in the sale of pet supplies. According to Packaged Facts, more pet owners buy from Walmart than any other shop. 43 million of the 67 million pet-owning families in the United States shop at Walmart.Furthermore, a sizable share of consumers are purchasing more pet supplies from Walmart than they were a few years ago.
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Making a home inventory (select all that apply)
Question 3 options:
A: will decrease your premium by 5%.
B: will help you get your claim settled faster.
C: will help you to determine how much liability coverage to purchase.
D: will help you to determine how much personal property coverage to purchase.
Answers
A : wil dercease your premium by 5% and if my answer is nice like and thanks!!!!!!!
The most important thing in website design is for a website is to
a. Get people to buy what the website owner is selling
b. Be clean and uncluttered so users can find what they are looking for easily
c. Include a call to action above the fold
Answers
In website design, it is important to create a website that is clean and uncluttered so users can find what they are looking for easily.
Website design involves the creation of websites and encompasses several different aspects including webpage layout, graphic design, and content production. The primary goal of website design is to create a website that is user-friendly and meets the needs of the website's target audience.
The website design should also include a call to action (CTA) above the fold. The CTA is a marketing term that refers to an element of a webpage that encourages users to take a specific action, such as signing up for a newsletter or making a purchase. Placing the CTA above the fold ensures that users see it immediately upon landing on the webpage, increasing the likelihood that they will take the desired action.
In addition to a clean and uncluttered design and an effective CTA, website design should also focus on mobile responsiveness. More and more users are accessing websites via their mobile devices, so it is essential that websites are optimized for mobile use. This includes ensuring that the website is easy to navigate on a small screen and that the content is formatted in a way that is easy to read on a mobile device.
Another important aspect of website design is the use of high-quality images and videos. These elements can help to engage users and create a more immersive experience on the website. However, it is important to ensure that images and videos are optimized for web use to prevent slow loading times and other technical issues.
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prepare a double entry ledger entries January 3 took out of the cash till$50 and put into the business by cheque Jan 4 the proprietor put a further$5000 in to business by cheque .please I need it quick
Answers
Explanation:
In the first entry, $50 is taken out of the cash till and put into the business as drawings. The effect is a decrease in the cash balance and an increase in the drawings account.
In the second entry, the proprietor puts a further $5000 into the business by cheque. The effect is an increase in the capital account and an increase in the bank balance.
It's important to note that "Drawings" and "Capital" are the accounts used to record the personal transactions of the business owner in this case, it is assumed that the business is a proprietorship. Other forms of business may have different accounts to record the personal transactions of the owne
Mr. Chopra decides to sell his business shares to the public to acquire additional finance. Under which component in the balance sheet should Mr. Chopra show the money he obtained from the shareholders?
Answers
When Mr. Chopra sells his business shares to the public and acquires additional finance, the money obtained from the shareholders should be shown under the "Equity" component in the balance sheet.
The component in the balance sheet should Mr. Chopra show the moneyEquity represents the ownership interest in a company, and it includes the funds contributed by shareholders in exchange for shares of the company's stock. When shares are sold to the public, the proceeds from the sale increase the equity of the business. This is typically reflected as "Share Capital" or "Common Stock" in the equity section of the balance sheet.
By showing the money obtained from the shareholders in the equity section, Mr. Chopra can accurately represent the ownership stake and financial position of the company.
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Jane Thorpe has been offered a seven-year bond issued by Barone, Inc., at a price of 943.22. The bond has a coupon rate of 9 percent and pays the coupon semiannually. Similar bonds in the market will yield 10 percent today. Should she buy the bonds at the offered price? A. Yes, the bond is worth more at $1,015. B. No, the bond is only worth $921. C. Yes, the bond is worth more at $951. D. No, the bond is only worth $912.
Answers
No, the bond is only worth $921 she should not buy the bonds at the offered price. The correct option is D.
The bond has a 9% coupon rate, which is paid twice a year. Since the face value of the bond is not specified, we will arbitrarily assume that it is $1,000.
Coupon Payment = Face Value × Coupon Rate / 2
Coupon Payment = $1,000 × 0.09 / 2
Coupon Payment = $45
PV = (Coupon Payment / (1 + Yield/2)) + (Coupon Payment / (1 + Yield/2)²) + ... + (Coupon Payment + Face Value / (1 + Yield/2)ⁿ)
where n is the number of semiannual periods (7 years = 14 semiannual periods).
PV = ($45 / 1.05) + ($45 / 1.05²) + ... + ($45 / 1.05¹³) + ($1,000 / 1.05¹⁴)
PV ≈ $808.38
Compare the offered price ($943.22) to the present value of the bond's cash flows ($808.38).
Jane shouldn't purchase the bonds at the offered price because the present value is less than that amount. No, the bond is only worth $912.
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which one of the following accurately represents the general tax consequences to an employer and employee under a nonqualified plan? An employer receives an immediate deduction for a contribution for an employee when paid, and the employee will recognize income when the amount is credited to his or her account is nonforfeitable.
An employer does not receive a deduction for a contribution to an employee until the employee recognizes the income upon receipt.
An employer receives a deduction when asset investments are made to informally fund an employee's nonqualified plan benefit and the employee recognizes an identical amount as income at the same time.
An employer receives a deduction for a contribution to an employee when paid, and the employee will not be taxed on the contribution until it is withdrawn.
Answers
An employer does not obtain a deduction for an employee contribution until the employee acknowledges the income at the time of receipt. This accurately represent the general tax.
What is the purpose of general taxes?General sales taxes are levied on consumer purchases of goods and services. The tax is computed as a percentage of the retail price and is added to the consumer's ultimate purchase price. Sales taxes on everyday goods are different from those on specialty goods like alcohol, cigarettes, and motor fuel. The federal government invests in the nation and provides goods and services to the citizens of the United States using the money you pay in taxes. The following are the top three expense categories: Two important healthcare systems are Medicare and Medicaid.
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Jonathan's father opens a fast food restaurant selling burgers and hot dogs. After a couple of years, Joe's sister designs a logo for the food outlet.
The logo shows a smiling cheeseburger wearing a white cap over the brand name. Everybody liked the design, and now Joe would like to register
the design as their own. How can Joe get the design registered?
A.
as a patent with the United States Patents Office
OB. as a trade secret with the United States Trade Office
OC. as a trademark with the United States Patents and Trademark Office
OD. as a brand name with the United States court of law
OE. as a copyright with the Copyright Office
Answers
Jonathan can get the design registered as a trademark with United States Patents and Trademark Office. Thus, Option C is the correct statement.
What is the importance of a registering a trademark?Trademarking a logo is a simple process, but important considerations should be made before, during, and after the application filing process.
Logos are a distinct and important business asset that can make an unique impression on customers.
Therefore, in order to protect a logo and its unique identifier(s), business owners should think of trademarking a logo with the United States Patent and Trademark Office (USPTO). Option C is the correct statement.
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Answer:
C
Explanation:
These are the people that will give you the trademark.
when selling d-snps, agents must:
Answers
When selling d-snps, agents must follow certain guidelines and procedures to ensure that the sale is conducted properly and ethically.
These may include disclosing all relevant information about the d-snps, obtaining the necessary approvals and signatures, and providing the buyer with a detailed explanation of the terms and conditions of the sale. Agents must also be knowledgeable about the product they are selling, and be able to answer any questions that the buyer may have.
It is important for agents to maintain a professional and friendly demeanor throughout the sales process, and to be honest and transparent about any potential risks or drawbacks associated with the d-snps. By adhering to these guidelines, agents can help to ensure that the sale of d-snps is conducted in an ethical and responsible manner.
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. To reduce the effects of headlights glare at night you should look:
a. straight ahead
b. over your shoulder
C. at the center of the road
d. to the right edge of the road
Answers
Answer d
Explanation Aceable
Answer:
look to the right
Explanation:
u.s. depository institutions may be subject to as many as ______________ separate regulators.
Answers
The US depository institutions may be subject to as many as 4 separate regulators.
Depository is defined as any organization, bank or any financial institution that holds the safety of the money of a country's citizens. Depository can assist in the trading of securities. In the U.S., there are three main depositories; commercial banks, thrifts and credit unions.
The regulators of the depositories are the institutions that supervise as well as regulate the working of the financial institutions of the country. These regulators are the federal agencies. There are three main areas of the regulators for supervision: banking, securities, and insurance.
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Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answers
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
before beginning to recruit job applicants, organizations must _____.
Answers
Before beginning to recruit job applicants, organizations must Define job requirements.
Define job requirements: Clearly outline the qualifications, skills, experience, and competencies needed for the position. This includes determining the job title, responsibilities, and any specific requirements or preferences.
Develop a recruitment strategy: Determine the most effective methods and channels for attracting potential candidates. This may include utilizing job boards, online platforms, social media, professional networks, employee referrals, or working with recruitment agencies.
Create job descriptions and advertisements: Craft compelling job descriptions and advertisements that accurately reflect the position and attract suitable candidates. These should highlight the key responsibilities, required qualifications, and any unique aspects of the role or the organization.
Establish a recruitment budget: Allocate resources for recruitment activities, including advertising costs, agency fees (if applicable), and any other expenses related to attracting and evaluating candidates.
Determine the selection process: Outline the steps involved in evaluating and selecting candidates, such as reviewing resumes, conducting interviews, administering assessments, and checking references. Establish the criteria for candidate evaluation and the roles and responsibilities of those involved in the selection process.
Prepare recruitment materials: Ensure that all necessary materials are in place, such as application forms, interview guides, assessment tools, and any other relevant documentation needed for the recruitment process.
By addressing these steps before beginning the recruitment process, organizations can streamline their efforts and ensure they attract qualified candidates who align with their requirements and organizational culture.
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