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miv72 [106K]
2 years ago
10

What are the impact of retail shop fitting strategy?​

Business
1 answer:
otez555 [7]2 years ago
7 0

The impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.

<h3>What is retail shopfitting?</h3>

Retail shopfitting is the use of colors, displays, and various fittings as a strategic business move and attractively fitting the retail shop, ensuring:

  • Increased visual impact
  • Customers find your store
  • Increased customer sales
  • The communication of retail brand
  • Improved business performance and profitability.

Thus, the impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.

Learn more about retail shopfitting at brainly.com/question/6781493

#SPJ1

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At the Penalty APR rate of 28.99% and a balance of about $1800, approximately how much interest would you owe in one month?
Gnom [1K]

Answer:

you owe $43.47 in one month

Explanation:

Daily Interest (for one month) = Balance × APR rate × [number of month / Total month in a year]

Daily Interest = $1800 × 28.99% × 1/12

                      = $1800 × 0.2899 × 0.0833

                      = $43.47

5 0
3 years ago
Due to a recession, expected inflation this year is only 3.75%. However, the inflation rate in Year 2 and thereafter is expected
Solnce55 [7]

Answer:

5.25%

Explanation:

To calculate the inflation for the year 3, we will have to calculate the yield on 1 Year treasury bond.

The yield is calculated using the following formula:

Nominal Yield on Bond = Real risk free rate + Inflation for the year

Here

Inflation for Year One is 3.75%

Real Risk-Free Rate is 3.5%

Nominal yield on bond is Y for year 1

By putting values, we have:

Y = 3.5% + 3.75% = 7.25%

For 3 years treasury bond,

Nominal Yield on Treasury Bond  for 3 years = Yield on year 1 + Inflation

Y3 = 7.25% + 1.5% = 8.75 %

Now if we deduct the real risk free rate from the  3 year yield on the treasury bond, then the resultant rate would be the inflation rate for the year 3.

Inflation Rate for Year 3 = Y3 - Real Risk-Free Rate

Inflation Rate for Year 3 = 8.75% - 3.5%

Inflation Rate for Year 3 = 5.25%

4 0
3 years ago
Marcella operates a small, but very successful art gallery. All but one of the following can be classified as a variable cost ar
strojnjashka [21]

Answer:

The correct answer is a) Physical space for the gallery.

Explanation:

<u>Variable costs</u> fluctuate according on the production of goods of a company, while <u>fixed costs</u> stay the same regardless of the production output. Reviewing all the options:

  • Wages paid to three part-time employees <u>vary</u> depending on the amount of hours they work.
  • Accountant's fees for preparing tax returns <u>vary</u> depending on the time spent preparing the records.
  • The costs of purchasing art work to sell in the gallery <u>vary</u> depending on the amount of art purchased and its value.

That leaves us with option A. The physical space for the gallery. Buildings and rent are known to be a Fixed cost for companies because they stay the same regardless of the production output.

7 0
3 years ago
Scott and his partner, Greg, have decided to update their computer network, although they have no expertise in this area. During
jarptica [38.1K]

Answer:

The correct answer is rational decision making.

Explanation:

The question about rationality is that all human beings are different, with different tastes, variety of opportunities and what is rational or useful for one person may be totally different from what would satisfy another. In addition to everyday situations, people often make quick and unconscious decisions that are part of their daily experiences and are chosen by inertia, which can often leave rationality aside to become repetitive or everyday choices, another really important aspect Within the issue of decision making is the change of thoughts, tastes or perspectives of people over time and according to their experiences or areas in which they are, in short, what for a person can be rational in this At the moment, it won't be in the future.

The above gives us a perspective of decision-making in many fields where it can be observed that the most important thing is the search for self-benefit and where opportunity costs are weighed in order to see what is most useful within the opportunities They are available. The most interesting of all is to understand that we live with economic science on a daily basis and that without a doubt it is immersed in us when making decisions; It is also called "The hidden logic of life."

4 0
3 years ago
How do businesses and not-for-profit organizations help create our standard of living?
Phoenix [80]

Answer:

Businesses are the engine room of any economy, businesses are established to make profits, but before a business can make a profit it would have to produce goods or render services that help solve a problem or satisfy a need in society. Also, in carrying out their activities businesses create employment by employing people to work with them, and create demand through the wages paid to their employees which they spend on things, the company buys input for its processes, and both the businesses and its employees pay taxes to the government.

With regards to not-for-profit organizations, they fill the gap where the government and the for-profits organisation cannot operate. They provide assistance to the needy and fight the rights of people, amongst other things.

8 0
3 years ago
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