Campbell's Soup Company launched tomato soup in the UK with the same product and ads as they use in the US. This strategy is called globalization.
But what exactly is globalization? It refers to the process of businesses or organizations developing international influence or beginning to operate on an international scale. Globalization also encompasses the spread of multinational corporations, cultural exchange, and other human-centered activities across the globe.
In addition to the above, globalization also refers to the integration of financial markets across the world to form a global market where goods and services can be traded. The migration of people, technology, and even diseases across international borders is also part of globalization. Hence, globalization has a significant impact on business operations.
As for Campbell Soup Company, it is an American multinational food corporation that was founded in 1869 in Camden, New Jersey, USA. The company produces canned soups, stocks, broths, beverages, cookies, crackers, and other food products. With over 3,000 employees working in over 120 locations around the world, Campbell Soup Company is one of the world's largest soup companies.
And what about tomato soup? Tomato soup is a soup made from tomatoes. It is usually made with tomato puree or water, and other ingredients such as vegetables, spices, and herbs. Tomato soup is popular in many countries and is often served as a starter or side dish. It is also a popular ingredient in many recipes, such as pasta dishes, stews, and casseroles.
For further information on globalization, refer below:
https://brainly.com/question/15283031
#SPJ11
solve for the present value of the 10-year bond on its issue date. the bond has a par value of $1,000, coupon rate of 10%, and a discount rate of 8%.
The present value of the 10 year old bond is $603.90.
To solve for the present value of the 10-year bond on its issue date, you need to use the present value formula. Present value is the current value of a future payment or stream of payments given a specified rate of return. The formula for present value is:
PV = FV / (1 + r)n
where:
PV = Present Value
FV = Future Value, or par value of the bond (in this case, $1,000)
r = Discount Rate (in this case, 8%)
n = Number of periods (in this case, 10 years)
Therefore, the present value of the 10-year bond on its issue date is:
PV = $1,000 / (1 + 0.08)10 = $603.90
Thus, the value of 10 year old bond is $603.90
To know more about value of bonds, click on the link below:
https://brainly.com/question/30503651#
#SPJ11
a marketer focusing on geographic market segmentation would consider which aspect of the market?
The geographic market segmentation is a process of dividing the market into different geographical units such as countries, states, cities, and towns.
A marketer focusing on this type of segmentation would consider aspects such as population size, population density, climate, cultural background, political affiliations, and other similar geographic characteristics.
For example, a marketer could target their marketing campaigns to regions with colder climates, or to those with a specific cultural background. It could also involve targeting areas with a certain political inclination or population size. It is important to note that this type of segmentation requires careful consideration of the target area in order to be effective.
In conclusion, geographic market segmentation is a process of dividing the market into different geographical units and considering aspects such as population size, population density, climate, cultural background, political affiliations, and other similar geographic characteristics. This can help marketers create tailored marketing campaigns that can be more successful in specific areas.
For more questions on market
https://brainly.com/question/13984729
#SPJ11
given the following information for smith company's northern division, what is the division's ebitda margin? revenue $44,140 operating income 18,112 depreciation 5,000 amortization 1,422 tax rate 20% a.85% b.56% c.44% d.28%
The division's EBITDA margin is 55.6%, which is closest to option (b).
The EBITDA Margin is a financial ratio that compares a company's earnings before interest, taxes, depreciation, and amortization (EBITDA) to its net revenue. In other words, the EBITDA margin represents a company's earnings before accounting for interest, taxes, depreciation, and amortization as a percentage of its revenue.
The EBITDA Margin can be calculated by using the following formula:
EBITDA Margin = EBITDA / Revenue
The formula to calculate EBITDA is: EBITDA = Operating Income + Depreciation + Amortization(1)
EBITDA = $18,112 + $5,000 + $1,422= $24,534(2)
EBITDA Margin = (EBITDA / Revenue) x 100
= ($24,534 / $44,140) x 100
= 55.6%
Therefore, the division's EBITDA margin is 55.6%, which is closest to option (b).
To learn more about the EBITDA Margin, visit: https://brainly.com/question/29452223
#SPJ11
a reduction the amount of oil (a resource) will tend to cause which of the following? select one: a. an increase in the price level and no change in output if accompanied by an increase in the money supply b. a reduction in output and an increase in the price level c. a reduction in output with no change in the price level d. a reduction in
A reduction in the amount of oil (a resource) will tend to cause C. A reduction in output and an increase in the price level
There are two possible effects when there is a reduction in oil quantity:
A decrease in the output: When there is a reduction in oil quantity, production costs will rise due to the increased cost of oil. As a result, businesses will have to spend more money to produce the same amount of goods and services they did previously. Therefore, businesses will decrease their output to maintain a profit, which will result in a decrease in output.
Increase in the price level: When there is a reduction in the quantity of oil, the price of oil will increase due to the high oil demand. Since oil is an important raw material in the production of many goods and services, any rise in the price of oil will increase the cost of production of these goods and services.
As a result, the prices of goods and services that rely on oil will increase, and the price level will increase as well. In conclusion, a reduction in the amount of oil (a resource) will tend to cause a reduction in output and an increase in the price level. Therefore the correct option is C
The Question was Incomplete, Find the full content below :
A reduction the amount of oil (a resource) will tend to cause which of the following?
a) A reduction in output and a reduction in the price level
b) A reduction in output with no change in the price level
c) A reduction in output and an increase in the price level
d) An increase in the price level and no change in output if accompanied by an increase in the money supply
Know more about reduction here:
https://brainly.com/question/29771998
#SPJ11
2. race to the bottom refers to which of the following? a. countries will compete with each other to offer incentives to firms b. firms will underpay workers in low-income countries c. countries have the incentive to conform to the standards of the lowest income country d. firms have an incentive to relocate to countries with lower standards
As per the concept of investment, race to the bottom refers countries have the incentive to conform to the standards of the lowest income country. (option c).
The "race to the bottom" is often associated with competition between countries to attract foreign investment. In this context, countries may offer tax breaks, subsidies, and other incentives to attract multinational corporations to set up operations in their territory.
The idea behind this is that the presence of foreign firms can create jobs and boost the economy, leading to increased prosperity for all.
The "race to the bottom" can also occur within a country, as firms compete with each other to reduce costs. This can lead to a situation where firms try to undercut each other by paying lower wages, reducing benefits, and cutting corners on safety and environmental standards.
Therefore, the correct option is (c).
To know more about investment here
https://brainly.com/question/15353704
#SPJ4
redistribution involves a centralized authority collecting goods and services, and redistributing the. group of answer choices true false
The given statement "redistribution involve a centralized authority collecting goods and services and redistributing them" is True.
This means that the authority in charge collects resources from some people or organizations and then redistributes them to other people or organizations, typically to promote social welfare.
This redistribution is typically done in a way that is fair, equitable, and promotes equality among those who receive the resources. The centralized authority has the power to decide who receives the resources and how the resources are distributed.
To know more about centralized authority refer here:
https://brainly.com/question/20922422#
#SPJ11
providing support to the community is an example of a(n) responsibility for a small business. a. discretionary b. legal c. ethical d. economic
Providing support to the community is an example of a(n) ethical responsibility for a small business. The correct answer is option c.
What is meant by small business?A small business is a privately held organization that typically employs fewer than 500 employees. The vast majority of small businesses have fewer than 20 employees. Small businesses are crucial to the nation's economy since they generate income, employment, and growth. These businesses are often founded by entrepreneurs who seek to make their mark in the business world, provide a valuable service, or fill a niche in the marketplace.
Ethical responsibility is the obligation of a company to be ethical in its dealings with the community and the environment in which it operates. A small business has a moral responsibility to protect the environment, foster equality, provide fair labor conditions, and operate with integrity.
Learn more about small business here: https://brainly.com/question/28522792
#SPJ11
jane works for a meat packing company. jane is wondering if she should give a $5 raise to all the first line supervisors in her company so that the company can retain the best employees. what should jane do first?
Before giving a $5 raise to all first line supervisors, Jane should analyze her company's budget, research industry standards for wages, and evaluate other methods of employee retention. These steps will help her make an informed decision about providing a wage increase.
Jane should first conduct an analysis of her company's budget in order to determine if the $5 raise is feasible. She should consider the current financial situation of the company and decide whether the increase in wages is affordable.
Additionally, she should research industry standards for wages to compare her current wage structure to those of her competitors. This will allow her to determine if the raise is competitive.
Finally, Jane should examine the current turnover rate among her first line supervisors and consider how increasing the wages might affect retention of these valuable employees.
Jane should also take into consideration other methods of employee retention. She could provide incentives such as bonuses, additional vacation days, or enhanced benefits packages. It may also be beneficial to create more engaging work environments, with team building activities, and improved internal communication. These efforts can help maintain a positive work culture and motivate employees to stay.
To know more about wage increase, refer here:
https://brainly.com/question/696264#
#SPJ11
assume a bond's stated rate is 5% and the yield to maturity is 6%, will the bonds sell for par value, above par value, or below par value?
The bonds will sell at a price above par value since the yield to maturity is higher than the stated rate.
This is because investors are willing to pay a higher price to obtain the higher yield.
In order for a bond to sell at par value, the stated rate and yield to maturity must be the same. When the yield to maturity is higher than the stated rate, the bond will sell at a premium because investors are willing to pay a higher price for the higher yield.
The higher the premium, the higher the yield to maturity is above the stated rate. In the case of this bond, the yield to maturity is 6%, higher than the stated rate of 5%, so the bonds will sell at a price above par value.
To know more about bonds click on below link:
https://brainly.com/question/17405470#
#SPJ11
which of the following refers to a name, a term, a symbol, or any other unique element of a product that identifies one firm's product(s) and sets it apart from the competition? group of answer choices brand equity brand trademark brand meaning brand storytelling
The term that refers to a name, a term, a symbol, or any other unique element of a product that identifies one firm's product(s) and sets it apart from the competition is brand.
A brand is an identifying symbol, name, logo, or slogan that companies use to differentiate their products from competitors.
The aim of a brand is to establish a substantial and distinguished presence in the market that draws and retains loyal consumers. In terms of understanding the concept of the brand, the following aspects are to be taken into consideration:
- The name, mark, or symbol that identifies the product or service distinguishes it from others
- The design and packaging elements that support and enhance the brand's image
- The messaging that helps define the brand and convey its message
- The overall reputation that the brand builds and maintains over time
Brand equityBrand equity refers to the intangible value that a company brand adds to its products or services. It is a measure of how much a brand's image is perceived to be worth in the eyes of its customers.
Brand storytellingBrand storytelling is a method of using a narrative to communicate the brand's story, personality, and benefits to consumers. It aims to create an emotional connection with the target audience by using elements of drama, character, and plot.
Brand meaningBrand meaning refers to the set of associations that customers hold about a brand, including its attributes, benefits, personality, and quality. It is a reflection of the brand's image and reputation in the market.
For more such questions on Brand.
https://brainly.com/question/28260798#
#SPJ11
now values the drone at $400. Jeff wants to purchase a drone, and his willingness to pay is $900. Assume that Andy and Jeff agree on a price of $600 for the drone. Instructions: Enter your answers as whole numbers.
a. What is the producer surplus? $
b. What is the consumer surplus? $
c. What is the combined consumer and producer surplus from this transaction? $
The producer surplus, the consumer surplus and the combined consumer and producer surplus is : $200, $300, $500
a. Producer surplus = Total amount received - Cost of production= 600 - 400= $200
b. Consumer surplus = Willingness to pay - Amount paid= 900 - 600= $300
c. Combined consumer and producer surplus from this transaction= Producer surplus + Consumer surplus= 200 + 300= $500
The producer surplus is the difference between the minimum price at which the producer is ready to sell a commodity and the price he actually gets from the sale of the commodity.
The consumer surplus is the difference between the highest price that a customer is prepared to pay for a commodity and the commodity's market price.
The customer surplus is a significant aspect of the welfare economics of a nation.
To know more about Producer surplus, refer here:
https://brainly.com/question/22775616#
#SPJ11
which of the following is true of a probationary period? a. it is exclusively used on part-time workers. b. it cannot be used on employees who are being hired for full-time jobs. c. it cannot be used in small businesses. d. its time period is typically dictated by state laws.
The time period of Probationary period is typically dictated by state laws. This is a true conclusion from the given options. The correct option is d.
A probationary period is a time period in which a new employee is being evaluated to determine if they are suitable for the position. This period usually lasts from three to six months, but the exact time period depends on the state in which the employee is located. During this period, the employee is still officially employed by the company, but may have limited job security. They may be released from the job if their performance does not meet the expectations of the company.
During the probationary period, the employer is allowed to assess the new hire’s skills and abilities in order to make an informed decision on whether they should be permanently employed. It is important to note that this type of evaluation is used in full-time jobs, not just part-time, and it is also used in small businesses.
In conclusion, a probationary period can benefit both employers and employees in the hiring process. It can be used for both full-time and part-time employees, and the length of the probationary period can vary depending on state laws. Hence, the correct option is d.
For more such questions on Probationary period.
https://brainly.com/question/20347664#
#SPJ11
how do positive externalities affect demand curves? multiple choice question. demand curves become vertical lines. demand curves shift to the right. demand curves shift to the left. demand curves become horizontal lines.
Positive externalities can cause demand curves to shift to the right. This means that at each given price, there is a higher quantity demanded than what was initially predicted by the demand curve.
This is because positive externalities create additional benefits for consumers that make the good more desirable. Positive externalities can cause the demand curve to shift to the right. When there are positive externalities, the benefits of a good or service extend beyond the direct buyer and seller. As a result, the social benefits of consuming the good or service are greater than the private benefits, and the demand curve shifts to the right to reflect this additional benefit. The shift in the demand curve indicates that consumers are willing to pay a higher price and buy more of the good or service at every price level. Therefore, the correct answer is: demand curves shift to the right.
Read more about externalities here : https://brainly.com/question/14018373
#SPJ11
on a particular day, there were 2000 trades in a particular futures contract, this means that there were 2000 buyers going long and 2000 sellers going short. of the 2000 buyers, 600 were closing out positions and 1400 were entering into new positions. of the 2000 sellers, 1000 were closing out positions and 1000 were entering into new positions. what is the impact of the day's trading on open interest?
The impact of the day's trading on open interest is that the open interest remained unchanged.
This is because while there were 2000 trades - 600 buyers closing out positions and 1400 entering new positions and 1000 sellers closing out positions and 1000 entering new positions - the total number of positions held by buyers and sellers were equal.
In other words, 600 positions were closed out and replaced by 1400 new positions and 1000 positions were closed out and replaced by 1000 new positions. This means the total open interest was not affected. This is known as "trading on open interest".
To know more about trading on open interest refer here : https://brainly.com/question/30541975#
#SPJ11
persistent earnings identify each of the following items as either (p) persistent, or (t) transitory. persistent or transitory a. sale of merchandise. answer b. settlement of a lawsuit. answer c. interest income. answer d. payment to vendors. answer e. loss from expropriations of property by a foreign government. answer
The persistent earnings refer to earnings that are considered relatively consistent over the long term. In general, persistent earnings reflect a company's operational performance over a period of time.
For instance, persistent earnings may arise from sales revenue or ongoing activities of a company. Transitory, earnings are those that are not expected to continue into the future. These earnings can arise from one-time transactions or unique occurrences.
a. Sale of merchandise: Persistent (P) as it is a recurring source of income for businesses that sell merchandise. b. Settlement of a lawsuit: Transitory (T) as it is a one-time occurrence and not a recurring source of income. c. Interest income: Persistent (P) as it is a recurring source of income for businesses that earn interest on investments or savings.
d. Payment to vendors: Transitory (T) as it is a one-time occurrence and not a recurring source of income. e. Loss from expropriations of property by a foreign government: Transitory (T) as it is a one-time loss and not a recurring expense.
Such losses are typically the result of one-time events that are unlikely to repeat in the future. Thus, they are not considered a sustainable source of earnings.
To know more about persistence earning refer to:
https://brainly.com/question/5141917
#SPJ11
an engineer invests $5000 at the end of every year for 40 year career. if the engineer wants $1 million in savings at retirement, what interest must the investment earn? (5 pts.)
An engineer wants to earn $1 million in savings at retirement, and they invest $5000 at the end of each year for a 40-year career.
We need to figure out the interest rate that the investment must earn in order to achieve the engineer's goal.Investment.The investment made by the engineer at the end of every year for 40 years can be calculated using the following formula:
FV = PMT x ((((1+i)^n)-1)/i)Where:FV = Future value of the investmen PMT = Payment made = Interest rate per periodn = Number of payment periodsGiven:PMT = $5000n = 40 years.
FV = $1,000,000Solving for i:1,000,000 = 5,000 x ((((1+i)^40)-1)/i)200 = (((1+i)^40)-1)/Alternatively, we can use trial and error or an online calculator. The interest rate required is approximately 8.17%.Therefore, the investment must earn approximately 8.17% interest in order for the engineer to achieve their goal of having $1 million in savings at retirement.
Learn more about investment here:https://brainly.com/question/29547577
#SPJ11
what annual rate of return is earned on a $1,000 investment when it grows to $2,000 in six years? (do not round intermediate calculations. round your answer to 2 decimal places.)
The annual rate of return that is earned on a $1,000 investment when it grows to $2,000 in six years is 11.61%.
Step-by-step explanation:
We are required to determine the annual rate of return that is earned on a $1,000 investment when it grows to $2,000 in six years. Let us denote the annual rate of return as r.
Therefore, we can say that $1,000 grows to $2,000 in six years with an annual rate of return r if,$$2,000=1,000(1+r)^6$$
On simplification of the above equation, we get,$$(1+r)^6=2$$
Now, taking the logarithm on both sides, we have,$$6 \log(1+r)= \log(2)$$$$\Rightarrow
r = \frac{\log(2)}{6}$$$$\Rightarrow
r = \frac{0.693}{6}$$$$\Rightarrow
r = 0.1151$$
Therefore, the annual rate of return that is earned on a $1,000 investment when it grows to $2,000 in six years is 11.61% (rounded to 2 decimal places).
Learn more about annual rate of return here: https://brainly.com/question/28312388
#SPJ11
determine net income using the following amounts: rent revenue is $1,760; interest expense is $2,870; and operating income is $71,120.
To find the net income using the given amounts, we need to follow the steps given below:Give.Net Income = Operating Income - Total Expenses = $71,120 - $4,630 = $66,490Therefore, the net income is $66,490.
Net income is the difference between a company's revenues and its expenses. To calculate net income, use the following formula:Net Income = Revenue - Expenses In this case, the revenue is $1,760 and the expenses are $2,870 + $71,120 = $73,990.Therefore, the net income is: $1,760 - $73,990 = -$72,230.
Rent Revenue = $1,760Interest Expense = $2,870Operating Income = $71,120First, we need to calculate the total expenses using the given interest expense. Total Expenses = Rent Revenue + Interest Expense = $1,760 + $2,870 = $4,630Now, we can find the Net Income using the Operating Income and Total Expenses Net income is calculated using the formula: Operating Income - Expenses = Net Income.
For more such questions on income
https://brainly.com/question/30157678
#SPJ11
the price of capital (r) is $50.why wouldn't the firm choose to produce 3,000 units of output with the combination at a?
The price of capital (r) is $50, so the firm would not choose to produce 3,000 units of output with the combination at a because it would not be cost effective.
This is because the marginal cost of production will exceed the marginal revenue, meaning the firm would not be able to cover the cost of production and thus make a profit.
In this case, the firm would need to produce fewer units of output so the cost of production is less than the marginal revenue and therefore make a profit.
To do this, the firm must find the optimal output level, which is the point where marginal cost equals marginal revenue. Beyond this level, the firm’s profit would decrease and they would be unable to cover their production costs.
To know more about marginal cost click on below link:
https://brainly.com/question/7781429#
#SPJ11
doughton company sold merchandise on credit for $8,000. two days later the customer returned $2,000 of the merchandise due to damage. doughton would record the return of merchandise in the:.
In the given problem, the return of merchandise would be recorded in the sales returns and allowances account.
What is Sales Returns?Sales returns refer to the merchandise that customers return to a business for a refund or credit. A sales return may occur for several reasons, including the customer being unsatisfied with the product, the product being damaged, or the customer ordering the wrong product.
In the given problem, Doughton Company would need to make the following entry in their accounting records to record the return of $2,000 worth of merchandise:
Debit: Sales Returns and Allowances $2,000Credit: Accounts Receivable $2,000Learn more about sales returns here: https://brainly.com/question/30849941
#SPJ1
as markets mature, group of answer choices costs continue to increase. application for patents increase. differentiation opportunities increase. there is increasing emphasis on efficiency.
As markets mature, there is increasing emphasis on efficiency. This can be explained by the fact that as markets mature, costs continue to increase.
Therefore, it becomes important to increase efficiency in order to remain competitive and maintain profitability. Additionally, as markets mature, there may be fewer opportunities for differentiation. This makes efficiency an even more important factor for companies looking to stand out in the marketplace.
What is efficiency?
Efficiency is a measure of how well a system or process performs in relation to the resources used. It is a measure of the degree to which output is obtained from inputs. A system or process is said to be efficient if it produces the desired output with minimal waste or cost. In the context of markets, efficiency can refer to a number of factors including production efficiency, supply chain efficiency, and marketing efficiency.
To know more about efficiency refer here :
https://brainly.com/question/30861596#
#SPJ11
many firms choose to protect or enhance the natural environment as they go about their business activities. this practice is known as: question 94 options: green marketing natural marketing consumer marketing social marketing
Green marketing is the practice of firms protecting or enhancing the natural environment as they go about their business activities. This practice is also known as environmental marketing, eco-marketing, or sustainability marketing.
This can be achieved through a variety of methods, such as using biodegradable or recycled materials, promoting ethical sourcing practices, and more efficient packaging. Additionally, green marketing can help to bring attention to the importance of environmental protection and inspire others to join in making a difference.
Learn more about marketing: https://brainly.com/question/14457086
#SPJ11
which of the following is not a consequence of an increase in the government's budget deficit? question 3 options: exports increase while imports and all other variables are held constant private savings increases while holding everything else constant investment falls while holding everything else constant imports increase while exports and all other variables are held constant question 4 (1 point)
The consequence of an increase in the government's budget deficit that is not a consequence is: Private savings increases while holding everything else constant. Explanation: An increase in the government's budget deficit results in numerous consequences.
Private savings increases while holding everything else constant is not one of them. Private savings refer to disposable income that households save in bank accounts, pension funds, and other investment opportunities. The effect of an increase in the government's budget deficit on private savings is not direct as it is related to various economic factors.
On the other hand, exports increase while imports and all other variables are held constant, and imports increase while exports and all other variables are held constant. Investment falls while holding everything else constant, due to an increase in the government's budget deficit. Import and exports are greatly affected by an increase in government budget deficits.
In this case, a budget deficit increases interest rates, making the domestic currency more attractive. This has the effect of increasing the demand for the currency, which drives up the value of the domestic currency. Imports become more affordable when a country's currency weakens since it reduces the cost of goods and services produced in foreign countries.
Exports become less affordable when a country's currency strengthens, as it makes goods and services more expensive for foreign countries to buy. Finally, investment tends to fall with an increase in the government's budget deficit, as a government that borrows more money has less money to invest.
To know more about budget deficit refer here :
https://brainly.com/question/29602763
#SPJ11
in liquidation bankruptcy, what is the priority of who gets the money from the firm from creditiors to common stockholders?
The priority of who gets the money from the firm in liquidation bankruptcy is determined by the Bankruptcy Code as follows:
Secured creditors, such as banks that have loans secured by collateral, have the first priority for repayment. Unsecured creditors, such as suppliers, have the second priority, followed by priority creditors, such as the Internal Revenue Service. Common stockholders, are usually the last to be paid and usually get nothing in a liquidation bankruptcy. What is liquidation bankruptcy?Liquidation bankruptcy is a type of bankruptcy in which a debtor’s assets are liquidated to repay creditors. In liquidation bankruptcy, secured creditors must be paid in full before any funds are distributed to unsecured creditors.
Unsecured creditors are usually paid only a fraction of the amount they are owed, and the amount they receive depends on the amount of money left after paying secured creditors. Priority creditors, such as the IRS, are usually paid in full.
Common stockholders are usually the last to be paid and usually receive nothing in a liquidation bankruptcy. This is because they do not have a secured or priority claim against the company and their claim is not as strong as other creditors.
In addition, common stockholders are not guaranteed a return on their investment and are subject to the risks associated with investing in the company.
In summary, the priority of who gets the money from the firm in liquidation bankruptcy is determined by the Bankruptcy Code.
to know more about Bankruptcy Code refer here:
https://brainly.com/question/30395840#
#SPJ11
an example of closed-end credit is . question 2 options: incidental credit revolving check credit credit cards installment sales credit
An example of closed-end credit is credit cards.
Closed-end credit is a loan or extension of credit with a fixed limit and fixed repayment schedule.
Closed-end credit is a one-time loan, commonly called an installment loan, that is intended to be repaid within a fixed period of time, usually between one and 15 years.
The interest rate on a closed-end loan is typically lower than that on a credit card, making it a popular alternative for people who want to make a large purchase.
A type of loan in which a fixed amount is lent to the borrower, which must be repaid in equal monthly payments over a specified period of time, with interest is known as closed-end credit.
The borrower must repay the entire amount of the loan, as well as any interest and fees, during the life of the loan. Installment sales credit is an example of closed-end credit.
The following options were provided in the question: Incidental credit revolving check credit cards installment sales credit
The correct option is: a credit card
Learn More about credit here:
https://brainly.com/question/13964348
#SPJ11
if the price of a good decreases and the total revenue of the firms that produce that good increase then we know the demand for that good is
If the price of a good decreases and the total revenue of the firms that produce that good increases, then we know that the demand for that good has increased. This is because when the price decreases, more people are willing to buy the good, and thus, more revenue is generated.
When the price of a good decreases, it becomes more attractive to potential buyers due to its lower cost. This increased demand leads to more people buying the good, which in turn increases the total revenue of the firms that produce that good.
This is because with more buyers, the firms are able to sell more of their product and therefore generate more revenue. In other words, when the price of a good decreases and the total revenue of the firms that produce that good increases, it shows that the demand for that good has increased.
Learn more about decrease and increase: https://brainly.com/question/11360390
#SPJ11
what would be the gdp per working person have been in 1997,given that workforce was 55% of the population
The GDP per working person in 1997 was approximately 9,761 US dollars.
How did we get the value?To calculate the GDP per working person in 1997, we need to use the following formula:
GDP per working person = GDP / number of people in the workforce
We also need to know the GDP and the size of the workforce in 1997.
According to the World Bank, the GDP of the world in 1997 was approximately 31.7 trillion US dollars. However, since you haven't specified a particular country or region, I will assume that you are asking about the world GDP.
To determine the size of the workforce, we need to know the total population and the percentage of the population that was in the workforce. You have stated that the workforce was 55% of the population, but you haven't specified whether this is the global population or the population of a particular country or region.
Again, since you haven't specified a particular country or region, I will assume that you are asking about the global workforce.
According to the World Bank, the global population in 1997 was approximately 5.9 billion people.
To calculate the number of people in the global workforce, we multiply the global population by the percentage of the population that was in the workforce:
Number of people in the global workforce = 5.9 billion * 0.55 = 3.245 billion
Now we can use the formula to calculate the GDP per working person:
GDP per working person = 31.7 trillion / 3.245 billion = 9,761 US dollars
Therefore, the GDP per working person in 1997 was approximately 9,761 US dollars.
learn more about GDP per person: https://brainly.com/question/15229201
#SPJ1
suppose a firm's p/e ratio showed a rising trend over the last 5 years. this would suggest that the firm's image was a. getting worse. b. not changing. c. getting better.
The firm's rising P/E ratio over the last 5 years suggests that its image is getting better, Thus, Option C is correct.
This is because investors are willing to pay more for each dollar of earnings, indicating confidence in the company's growth prospects and financial performance as a higher P/E ratio generally indicates a higher expected future earnings growth rate and a stronger perceived financial position, which are positive signals for investors.
A firm's P/E ratio, or price-to-earnings ratio, is a valuation metric that measures the company's stock price relative to its earnings per share. A rising P/E ratio indicates that investors are willing to pay more for each dollar of earnings, which suggests that they have a positive outlook on the company's future earnings growth and financial performance.
This can help to enhance the firm's image and reputation, as it implies that the market perceives the company as a valuable investment opportunity with strong potential for growth and profitability.
Learn more about P/E ratio https://brainly.com/question/18484440
#SPJ11
the goal seems to be a nonstarter for the team because they have never mishandled fewer than 200 bags, let alone hitting the goal of 100 bags. based on expectancy theory, this is a(n) problem.
According to expectancy theory, low expectations lead to low motivation and effort, which results in poor performance.
The problem here is that the team has low expectations or low self-efficacy when it comes to the goal of handling fewer than 100 bags.
This is why the team has never mishandled fewer than 200 bags, because their expectations are too low and they are not motivated to do better.
Low expectations lead to poor performance because they cause individuals to lack motivation and effort. When a goal is deemed too difficult or too far out of reach, people tend to give up before they even begin. This leads to a lack of effort and commitment, resulting in subpar performance.
In order to raise expectations and improve performance, the goal needs to be broken down into smaller, more manageable chunks. For example, the team should set smaller goals, such as handling 150 bags the first week and then gradually decreasing the number until they reach the ultimate goal of 100 bags.
Additionally, the team should have clear goals and timelines for each objective, which should be discussed and agreed upon by all team members. This will ensure that each member is committed to reaching the final goal. Lastly, the team should be praised and rewarded for successes along the way in order to motivate them and boost morale.
By following these steps, the team can achieve their goal of handling fewer than 100 bags.
To know more about expectancy theory, click the link below:
https://brainly.com/question/30543289#
#SPJ11
time, cost, and project data are recorded by computers on the jobsite. question 4 options: true false
True. Computers can be used on the job site to record time, cost, and project data, which can aid in project management and decision-making.
Advancements in technology have altered the way project management is carried out, and the use of computers to record time, cost, and project data is now standard on jobsites. By using digital tools to track project progress, contractors can monitor and manage their operations more effectively, enabling them to make more informed decisions about resource allocation, scheduling, and budgeting. Computerized real-time data recording can also offer more accuracy and dependability than more conventional techniques, such paper-based documentation or human data entry. Project managers and other stakeholders can access and analyse this data, giving them the ability to spot patterns and trends, monitor performance, and make adjustments as necessary to keep the project on track.
learn more about job site here:
https://brainly.com/question/1995427
#SPJ4