Those trade-offs that have acquired maximum interest include (1) present day replica as opposed to survival; (2) simple as opposed to destiny reproduction; (3) present day reproduction as opposed to parental increase; (four) contemporary replica as opposed to parental situation; and (5) range versus size of offspring.
Genetic trade-offs are key additives of lifestyles history principle. traditional examples are egg length versus egg number and survival versus a reproduction. The most proof of his or her existence comes from synthetic choice (Fry, 2003) and manipulative experiments (Zera and Harshman, 2001).
There are three fundamental trade-offs in the existence history principle: current clear versus destiny reproduction, amount as opposed to best of offspring, and mating as opposed to parenting attempt.
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Imagine you got into an auto accident which was your fault and you have 15/30/5 insurance. You did $5,000 damage to the other car, and broke a computer in the other car's trunk worth
$2,000.
There were 3 people in the other car and their medical bills were $12,000
each. The father in the other car also was out of work for a month costing the family $6,000.
In total, you are sued for $49,000.
How much money will the insurance company pay toward the amount you were sued for in this accident?
Answer:
The insurance company will pay up to a maximum of $25,000 for this accident. This is determined by the limits of the insurance policy, which is 15/30/5. This means that the insurance company will pay up to $15,000 for bodily injury per person ($15,000 x 3 people = $45,000) and up to $30,000 for bodily injury per accident ($30,000). They will also pay up to $5,000 for property damage ($5,000). Therefore, the total amount the insurance company will pay is $15,000 + $30,000 + $5,000 = $50,000. Since the total amount sued for is $49,000, the insurance company will pay the full amount of $49,000.
Explanation:
The insurance provider will cover this accident for a maximum of $25,000. The insurance policy's 15/30/5 limits serve as the basis for this decision. This indicates that the insurance provider will cover bodily injury claims up to the amount of $15,000 per person
What is the insurance?Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you can be liable for all associated expenses.
($15,000 x 3 people = $45,000) and $30,000 per accident ($30,000). Additionally, they will cover property damage up to $5,000 ($5,000). As a result, the insurance provider will cover a total of $50,000 ($15,000 + $30,000 + $5,000). The insurance provider will cover the full $49,000 since the total amount claimed in the lawsuit is $49,000.
Therefore, The insurance company will pay up to $25,000 toward this accident's expenses.
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difference between moa and aoa?
Answer:
AOA is a set of rule and regulations to govern the company's working. 2. MOA defines objectives, powers and constraints of the organization as a whole. AOA describe powers, duties, rights and liabilities of individuals associated with the organization (like members of the Board of Directors).
Explanation:
i hope i helped <3
Explain how an investor makes money by investing in bonds
Answer:
Financial investors earn money through the purchase of bonds, be these public (of countries or states) or private (that is, of companies) through speculation regarding the rise or fall of their value with respect to the purchase value, as well as with the interest that these bonds accrue periodically.
Thus, if the bond rises in value due to a good economic performance by the issuer, investors can sell it and make a profit, or even buy bonds at times of low values, expecting increases.
what did the angel reval to the students
Answer:
The angel revealed to the students that they had to attain divine wisdom so they could share what they learned later in life.
Explanation:
This is from the poem Did I Miss Anything by Tom Wayman, a modernist poet is all about the frustration of a teacher who has frequently been asked by the absent students, “Did I Miss Anything”.
The tone of the poem is angry, sarcastic and humorous. Each stanza in the poem begins with Nothing and Everything. Both the words are complete in themselves and represent the tone of the poem.
the explanation of the poem by stanza-
Stanza 1
The poet begins by saying, “Nothing” and adds that he has missed nothing as they (teacher and students) realized that he (the absentee) was not there and hence they were sitting quietly for two hours. with their hands on the desks. It is a kind of sarcastic answer.
Stanza 2
In the next stanza, the teacher’s anger comes out. He tells the absentee that he taught the lessons which covered 40% of the term syllabus and also assigned the students a quiz which is worth 50% of the term paper’s marks.
Stanza 3
The tone again shifts to sarcasm. According to the teacher, he (student) missed nothing as the course has no values or meaning. So he should remain absent as all the activities that take place in the class have no purpose for himself as well as for the absentee.
Stanza 4
In the 4th stanza, the poet says that shortly after he began teaching an angel just appeared that told about the ways to attain wisdom for the life and also that this is the last class after which they will have to spread the good news to the world.
This stanza is a satire on the religious faiths like Christian and Jewish religious practices and beliefs. It was believed that angels descend from the sky to impart knowledge to the clergy who afterwards spread that message (good news) to the commoners.
Stanza 5
The tone again reverts to sarcastic. the teacher asks the student how anything can happen in the class without him (student) being present there.
Stanza 6
In the final stanza, the teacher says that the classroom is a world full of human experiences which were assembled for him (student) to grab, examine and understand. It was an opportunity which he has lost now.
5 features of a monopoly
Answer:
houses, board, pieces, money, and cards
Explanation:
the package says so
account field.)
View transaction list
Journal entry worksheet
< 1 2 3 5 6 >
Record the closing entry for revenue accounts.
Note: Enter debits before credits.
Date General Journal Debit Credit
Dec 31 Record entry Clear entry View general journal Great Adventures Problem AP7-1 (GL)
Tony and Suzie see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1, 2022, for $12,200. They expect to use the Suburban for five years and then sell the vehicle for $4,600. The following expenditures related to the vehicle were also made on July 1, 2022:
The company pays $1,850 to GEICO for a one-year insurance policy.
The company spends an extra $3,200 to repaint the vehicle, placing the Great Adventures logo on the front hood, back, and both sides..
⚫An additional $2,050 is spent on a deluxe roof rack and a trailer hitch.
The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures. In addition, on October 22, 2022, the company pays $500 for basic vehicle maintenance related to changing the oll, replacing the windshield wipers, rotating the tires, and inserting a new air filter.
We must enter the closing transaction for revenue accounts on December 31. Depending on the income accounts that Great Adventures uses, specific accounts and amounts may differ. The final entry will be as follows, assuming we have revenue accounts like Sales Revenue, Rental Revenue, or Service Revenue:
31st of December Revenue Accounts in General Journal Debit Credit (such as Sales Revenue, Rental Revenue, and Service Revenue) X Income Report X The total revenue for the period will be shown on the debit side of the entry, and the Income Summary account will be shown on the credit side. In order to get ready for closing, this item moves the revenue amounts to the Income Summary account.Please be aware that the precise accounts and sums could change depending on the revenue recognition guidelines and the company's structure of accounts. To appropriately record the closing entry for revenue accounts, it's crucial to refer to the company's specific information.
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name four commercial services which are useful to a manufacturer
List five steps of the budget process
Answer:
1)The President submits a budget request to Congress
2)The House and Senate pass budget resolutions
3)House and Senate Appropriations subcommittees "markup" appropriations bills
4)The House and Senate vote on appropriations bills and reconcile differences
5)The President signs each appropriations bill and the budget becomes law
Explanation:
I put the five federal budget process steps. Hope this helps :)
Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?
The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.
Answer:
The chart is placed in a database with five groups.
Hope this helped.
which of the following most likely would be detected by an auditor's review of a client's sales cut-off? shipments lacking sales invoices and shipping documents excessive write-offs of accounts receivable unrecorded sales at year-end lapping of year-end accounts receivable
The auditor's review of a client's sales cut-off is most likely to detect the unrecorded sales at year-end. The correct statement is (C).
A sales cut-off is the process of recording sales in the appropriate accounting period, which necessitates the separation of sales from one accounting period to the next.
Auditors use this approach to ensure that all sales transactions are recorded in the proper accounting period, which is crucial for the accuracy of financial statements.
This will ensure that there is no mismatch between the current period's transactions and the ones from the previous accounting period. Sales cut-off is a key accounting procedure for companies that sell goods or services in order to generate revenue.
This includes identifying a specific date at which to mark the end of the current period's sales and the start of the next period's transactions. An auditor may use this method to ensure that all sales records are correctly classified and allocated to the appropriate accounting periods.
Unrecorded sales refer to sales that have occurred but have not been recorded in the accounting records of the company. This can occur when transactions occur just before the end of an accounting period and are not captured until the following accounting period.
This type of discrepancy can be detected through the auditor's review of a client's sales cut-off. The auditor can ensure that sales are recorded in the appropriate period by reviewing cut-off procedures and identifying any unrecorded sales transactions that occurred near the end of the accounting period.
Therefore, unrecorded sales at year-end are most likely to be detected by an auditor's review of a client's sales cut-off.
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________ is starting to challenge the United States regarding the reputation of being a top throwaway society or of being a heavy consumer society
Regarding the reputation of being a top throwaway society or a heavy consumer culture, China is beginning to compete with the US.
China is the world's largest producer of waste and has been grappling with environmental problems, including air and water pollution, as well as solid waste management.
However, the country has been taking steps to reduce its waste generation and improve its recycling rate. In recent years, China has implemented a number of policies aimed at reducing waste and promoting sustainability, such as the ban on importing solid waste and the implementation of a "circular economy" framework.
Additionally, the Chinese government has been investing in advanced waste-to-energy technologies, which convert waste into energy, reducing the amount of waste that ends up in landfills.
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Checkpoint
What are the six basic activities completed by all businesses?
Six basic activities businesses are,
Sales. Every company's sales team is its lifeblood. Marketing. Marketing and advertising aid in the development of a brand and increasing the visibility of a company and its services.Finance. Accounting. Customer care. Human Capital.What is businesses?A business is defined as a company or organization that engages in commercial, industrial, or professional activities. Businesses can be either for-profit or non-profit organizations. Limited liability companies, sole proprietorships, corporations, and partnerships are all examples of business structures. Businesses are made up of individuals who collaborate to meet the needs of society as well as common goals. Coca-Cola and Walmart are two examples of businesses, as are smaller private businesses such as an accounting firm or a local grocery store. Business is an economic activity concerned with the production, distribution, and exchange of goods and services with the goal of profit by satisfying the infinite desires of human beings.To learn more about businesses, refer to:
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An overview of the estimated financial impact, including cost of the proposed changes, revenue generated, and staffing impacts to the bureaucracy resulting if the bill passes, is referred to as:
Answer:
legislative fiscal note
Explanation:
The term that is being described in the question is referred to as a legislative fiscal note. This is a requirement under senate rule in order to pass a final vote when reporting any bill or joint resolution. The committee takes and reviews this fiscal not, taking into account all the estimated costs provided by it, in order to determine whether or not the bill will provide more good than what it is costing so they can make their final verdict of whether to pass the bill or not.
when will nekos be created?
Answer:
no
Explanation:
Answer:
welp bro idek what a neko is butttt i found this? "Neko (as in catgirls) first appeared in Japanese manga as early as 1924, and in anime around 1949. They were first embraced by Americans in the 1980s." owo
A currency fixture is
Answer:
The currency fixture is referring to the foreign exchange rates, that are set in London every day at 4 PM.
Explanation:
These are known as benchmark rates and are determined related to the real transactions, that traders were conducting on the market in 60 seconds.
The rates for 21 currencies are determined on the medium level of all the trades that go through in this one minute.
seller ahmed wants to waive some of the duties his arkansas real estate agent owes him. how can he do this?
The Arkansas, the duties of a real estate agent are defined by law. According to state law, real estate agents must perform specific duties on behalf of their clients.
These responsibilities include, but are not limited to, loyalty, confidentiality, disclosure, obedience, and reasonable care and diligence.If the seller Ahmed wants to waive some of the duties his Arkansas real estate agent owes him, he must have an agreement between them. The agreement must include the following:1. ReleaseIn a release, the seller gives up his right to hold the real estate agent responsible for not fulfilling the duties listed in the contract. The seller may be required to pay the agent for his or her services in exchange for the release.2. AmendmentIn an amendment, the parties agree to change the terms of the original agreement. For instance, they may agree to modify the commission rate or reduce the agent's duties.3. TerminationIn a termination, the parties agree to end the contract before the expiration of the original term. The parties can agree on the terms of the termination, including any compensation that may be due. If Ahmed wants to waive some of the duties his Arkansas real estate agent owes him, he should communicate with the agent and come to a mutual agreement. He can have an attorney help him draft the agreement to ensure that it complies with state law and protects his interests.
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johnny has a penny removed from his left nostril in the provider’s office. what cpt® code is reported? a. 30100 b. 30320 c. 30160 d. 30300
The correct CPT® code for the removal of a foreign body from the left nostril is 30300. This code is used for the removal of a foreign body from the nasal cavity without general anesthesia. CPT® code 30100 is used for the removal of a foreign body from the nose with forceps, while code 30160 is used for nasal endoscopy with removal of a foreign body.
Code 30320 is used for the removal of a foreign body from the nasal sinuses.It is important to report the correct CPT® code for any medical procedure, as it ensures accurate billing and appropriate reimbursement for the provider. In this case, the provider will use code 30300 to report the removal of the penny from Johnny's left nostril.It is important to note that CPT® codes are updated annually, so it is essential to stay up-to-date with any changes in the coding guidelines. Additionally, it is always advisable to consult with a qualified healthcare professional or coder for any questions related to medical coding and billing. Hi! I'm happy to help you with your question. The correct CPT® code for Johnny having a penny removed from his left nostril in the provider's office is 30300. This code represents the removal of a foreign body from the nasal cavity without the use of an endoscope. The other options you provided are not accurate for this scenario: a. 30100 refers to a biopsy of the nasal mucosa, which is not relevant in Johnny's case.
b. 30320 represents the removal of a foreign body from the nasal cavity using an endoscope, which is not mentioned in your question. c. 30160 is a code for excision of the nasal turbinate, which again is not relevant to Johnny's situation.
In summary, the appropriate code to report for Johnny's procedure is 30300, as it represents the removal of a foreign body from the nasal cavity without an endoscope.
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Suppose the CPI was 170 last year and is 190 this year. What is the inflation rate between these two years?
a. 10.5%
b. 5.9%
c. 20.0%
d. 11.8%
The inflation rate between these two years is 11.8% for the CPI to be 170 last year and 190 this year.
Inflation is the measure of the rate of change in prices for goods and services over time. it is important to keep track of inflation to help gauge the health of the economy. To calculate the rate of inflation between two years, you need to subtract the cpi from the previous year from the current year's CPI. You then divide that number by the previous year's CPI and multiply the result by 100 to get the inflation rate.
In this case, we have a cpi of 170 for last year and 190 years for this year. to calculate the inflation rate between these two years, we need to subtract 170 from 190 to get a result of 20. We then divide 20 by 170 and multiply the result by 100 to get the inflation rate of 11.8%. this means that prices for goods are. inflation is an important measure of the health of the economy, as it is an indicator of how much prices have increased over time. higher inflation rates usually signify that there is a lot of demand in the economy and prices are increasing rapidly. conversely, lower inflation rates usually indicate that there is less demand and prices are not increasing as quickly.
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When sport/event organizations seek sponsors who will exploit the sponsorship, what benefit are they seeking to gain?
Answer: they want to generate more income from doing so, the greater the allowance the more income they will generate for the event they intend holding.
Explanation:
Exploiting of sponsorship would be described as allowing a sponsor to utilize every opportunity in the event to promote their brand.
When event organizers look out for sponsors who would handle their event and allow them explore it, it'll mean they want to generate more income from doing so, the greater the allowance the more income they will generate for the event they intend holding. For them to allow a particular brand to exploit the event would mean that brand would virtually take care of all expenses for the event since it'll be the face the audience would see when they come to the event. It is a way of generating more income for events.
What marketing strategy decisions do marketers have with product lines?
Capital Budgeting Problems. What are some of the difficulties that might come up in actual applications of the various criteria we discussed in this course. Which one would be the easiest to implement in actual applications? The most difficult?
Capital budgets involves making long-term investment decisions that involve substantial amounts of money.
There are several difficulties that might come up in actual applications of the various criteria for capital budgeting. Here are some of the challenges:
Estimating cash flows: The accuracy of the investment appraisal process depends on the accuracy of cash flow estimates. It is difficult to predict future cash flows accurately because of various uncertainties such as changes in market conditions, technological advancements, and regulatory changes.
Choosing the appropriate discount rate: The discount rate used to calculate the present value of future cash flows is critical in the investment appraisal process. Choosing the appropriate discount rate can be challenging because it depends on several factors such as the cost of capital, risk profile of the investment, and the time horizon of the investment.
Incorporating risk: The investment appraisal process assumes that future cash flows are certain. However, there is always a degree of uncertainty associated with future cash flows. Incorporating risk into the investment appraisal process can be challenging because it requires subjective judgment.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUGDP is: A. Dthe total value of all consumer expenditures within a given period B. national income after taxes C.the total value of all final goods and services plus intermediate goods and services produced domestically within a given period. D. the value of all final goods and services produced domestically within a given period.
D
Final goods or services used to compute GDP refer to: the factors of production used to produce output, goods and services purchased by the ultimate users, the sum of all exports plus imports.
goods and services purchased by the ultimate users.
Intermediate products: A. produced domestically are not directly reflected in a nation's GDP B. are imported retail products C. are goods that are purchased by the ultimate user
A. produced domestically are not directly reflected in a nation's GDP.
Net exports are defined as: A. exports plus imports B. exports minus imports. C. imports minus exports.
B
What is the measure of the income received by owners of resources used in making final goods and services? factor payments, product payments, indirect earnings, direct earnings
factor payments The prosperity of a nation today is typically measured by its: A. total output or gross national product B. output per capita C. gold reserves
B
A country will roughly double its GDP in twenty years if its annual growth rate is: 2.5%, 3.5%, 7.5%
3.5%
As more capital per worker is added, a per worker production function generally becomes: A. flatter because capital is subject to diminishing marginal returns B. flatter because labor is subject to diminishing marginal returns. C. flatter because capital is subject to increasing marginal returns.
A
In a fully employed economy, invention and discovery: are automatic, achieved through sacrifices in current consumption, have negative op. cost, all of the above
are achieved through sacrifices in current consumption.
T/F: a piece of glass bought by a consumer to fix a broken window would be counted toward GDP
true
T/F: a sheet of glass purchased by General Motors for the side window of a new car would be counted toward GDP
false; its an intermediate good Which of the following products are not included in current U.S. GDP? A. a Washington apple B. a Ford Mustang produced last year and sold this year C. a physical examination at a California health clinic D. All of the above
B; it was included in last years GDP
GDP does not directly include: A. the value of final goods and services produced, but not sold, during a period B. the value of services rendered during a period C. the value of intermediate goods sold during a period D. any E. either a or c
C
The most volatile GDP category under the expenditure approach is: wages/salaries, investment, consumption, gov purchases, net exports
investment The investment component of GDP includes: A. funds in individual retirement accounts. B. construction of a new steel mill C. the sale of shares of Coca-Cola stock D. the purchase of a refrigerator by a household.
B
If a nation's imports exceed its exports: A. net exports will be positive. B. GDP will be less than the sum of consumption, investment, and government purchases C. GDP will be greater than the sum of consumption, investment, and government purchases. D. none of the above apply.
B -net exports will be negative and GDP will be less than sum of consumption, investment, and gov purchases
The services rendered by a special agent with the Federal Bureau of Investigation is included in which expenditure category of GDP: consumption, investment, government purchases, net exports, none of the above
gov purchases In 2008, U.S. Nominal GDP totaled approximately: $2.1 tril, 2.8, 14.3, 10.1, none $14.3 til
If the price index is now 120, it means: A. prices are 120 percent higher than in the base year. B. prices are 20 percent higher than in the base year. C. prices are 1.2 percent higher than in the base year
D. nominal GDP will be less than real GDP. E. that both b. and d. are true.
B
Which of the following is a problem with using real GDP as a measure of economic well-being? A. does not account for inflation B. does not account for production within the household C. does not account for production by foreign firms producing inside the U.S. D. all of the above
B
Estimates of the size of the underground economy range from: A. 4 to 20 percent. B. 2 to 5 percent. C. 7 to 10 percent. D. 45 to 60 percent.
A
D. all of the above. Gross Domestic Product is the total market value of all final goods and services produced within an economy in a given year.
What is GDP?GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.
Payments for transfers are excluded from GDP. GDP is the total dollar worth of all finished products and services produced domestically inside a nation during a specific time period.
Gross domestic product (GDP) measures the market value of all completed goods produced and sold by countries within a specific time period in terms of money. Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered a reliable indicator. While GDP per capita does not account for differences in the cost of living and inflation rates of the various countries, nominal GDP is preferable for comparing national economies on the global market. Therefore, when comparing living standards between nations, employing a base of GDP per capita at purchasing power parity (PPP) may be more useful. It is also possible to quantify the contribution of each industry or sector to the overall GDP.
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What MUST you have in order to
complete a federal, state, or local tax
return form?
Answer:
federal
Explanation:
Kountry Kitchen has a cost of equity of 11.9 percent, a pretax cost of debt of 6.4 percent, and the tax rate is 40 percent. If the company's WACC is 8.98 percent, what is its debt-equity ratio? Multiple Choice a 36 b 1.76 c 57 d 70 e 1.54
The debt-equity ratio for Kountry Kitchen is 1.76.
The weight of equity (WE) can be calculated using the formula: WE = Cost of Equity / WACC. In this case, the cost of equity is 11.9% and the WACC is 8.98%. So, WE = 11.9% / 8.98% = 1.324
The weight of debt (WD) can be calculated using the formula: WD = Pretax Cost of Debt * (1 - Tax Rate) / WACC. In this case, the pretax cost of debt is 6.4%, and the tax rate is 40%. So, WD = 6.4% * (1 - 0.4) / 8.98% = 0.282.
The debt-equity ratio (D/E) can be calculated as: D/E = WD / WE. So, D/E = 0.282 / 1.324 = 0.213.
Therefore, the debt-equity ratio is approximately 1.76 (rounded to two decimal places).
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how would the flow of communication in personal selling be categorized? group of answer choices it is easily duplicated through other channels. it entails a one-way flow of information from seller to buyer. the interaction is direct and two-way. there is often a delay in feedback from the buyer.
The flow of communication in personal selling can be categorized into direct and two-way interactions. This flow of communication is personal because it requires face-to-face interaction between the buyer and the seller. The correct answer is direct and two-way interactions.
Personal selling is a promotional activity that involves direct interaction between the seller and the prospective customer. It is different from other promotional activities, such as advertising, because it involves personal contact between the buyer and the seller. Personal selling is often used in situations where the product or service being sold is complex or requires a high level of customer involvement. It is also used in situations where the customer needs to be educated about the product or service.
The flow of communication in personal selling can be categorized as follows:
Direct and two-way interaction: The flow of communication in personal selling is direct because it involves face-to-face interaction between the buyer and the seller. It is two-way because it involves an exchange of information between the two parties.
Delay in feedback from the buyer: There is often a delay in feedback from the buyer in personal selling. This is because the buyer needs time to process the information provided by the seller.
The one-way flow of information from seller to buyer: This type of flow of communication is not used in personal selling because it is not effective in promoting the product or service being sold.
Easily duplicated through other channels: Personal selling is not easily duplicated through other channels because it involves personal interaction between the buyer and the seller.
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How do credit card companies make money?
O (A) Fees and interest paid by cardholders
O (B) Investing your credit card debt
O (C) Fees paid by merchants
O All of them
O A and B
O A and C
OB and C
Answer:
A and C
Explanation:
Credit card companies get their income form the following three main sources
Interest paid by cardholdersFees charged to cardholders' credit cards.transaction charges paid by merchants who accept credit cardsInterests form the bulk of income to the card companies. Typically charge interest arises when customers carry a balance from a month to the next. Fees charged include annual fees, late fees, cash advance fees, balance transaction fees, among others. Merchants usually pay a percentage for every transaction conducted via a credit card. The percentage ranges between 1% to 3 %.
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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What is the role of internal auditors
Answer: The role of internal auditors is to provide independent assurance
Explanation:
Explanation:
In simplest terms, the duties of an internal auditor are to: Objectively review an organization's business processes. Evaluate the efficacy of risk management procedures that are currently in place. Protect against fraud and theft of the organization's assets.
What do Structuralists say about IPR?
Structuralists view intellectual property rights (IPR) as a tool used by developed countries to maintain their dominance over the global economy.
They argue that IPR laws are designed to protect the interests of multinational corporations and stifle innovation and creativity in developing countries. Structuralists believe that IPR laws are part of a larger system of economic exploitation and call for reforms that prioritize the needs and interests of marginalized communities.
One perspective from structuralists on IPR is that they may view it as a social construct that is shaped by economic and political structures, and may argue that the existing IPR system can have both positive and negative effects on society
Structuralists may argue that IPR can incentivize innovation and creativity by granting exclusive rights to creators, which can lead to economic growth, technological advancements, and cultural development.
They may also highlight how IPR can facilitate technology transfer, encourage investment in research and development, and protect the rights of marginalized or disadvantaged communities.
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