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2 years ago

What are three strategies that you can use to make better financial decisions?

1 answer:

7 0

Investments, Savings, and Expenses are the three basic strategies, which can help a person take better and efficient financial decisions on a personal level.

<h3>What are better financial decisions?</h3>

The strategies to choose the investments in different assets and debt classes will enable a person to increase his chances of gaining better financial returns.

The amount of money, a person decides to save for any future requirements will help him out of the financial crises that may take place in his life.

The strategy on where to spend and where not to spend will help a person have more disposable income to fulfill the financial needs in the future.

Hence, the strategies for taking better financial decisions are as aforementioned.

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Julio decides his business will begin staying open until 7 p.m. instead of 6 p.m. The next day, the shop stays open until 7 p.m.

Mrrafil [7]

Answer:

Sole proprietorship.

Explanation:

A sole proprietorship, otherwise called the sole trader, is a kind of enterprise that is possessed and run by one individual and in which there is no lawful differentiation between the proprietor and the business entity.

6 0

3 years ago

Which of these factors would NOT cause the supply curve for a particular good to shift?a. a change in the technology used to pro

attashe74 [19]

Answer:

The answer is: a change in the price at which a substitute good is sold

Explanation:

A shift in supply means a change in the quantity supplied at every price.

Let's assume we sell product A. If the price of a substitute product B increases, then the quantity demanded for product A will increase as the quantity demanded for product B decreases. That will cause an increase in the quantity supplied of product A, which may in turn rise the price of product A until again both products (A and B) match their prices.

Instead, a shift in the supply curve means that the quantity supplied of a product will change at every price level.

5 0

3 years ago

July 1 Sold $21,200 of computers to Company with terms 3/15, n/60. Riverbed uses the gross method to record cash discounts. Rive

Setler79 [48]

Question is incomplete. I will try to answer to the best of my ability.

Answer and Explanation:

The credit terms '3/15, n/60' and '2/10, n/30' mentioned in the question signifies the terms in which riverbed has sold its product to the buyer.

3/15, n/60 means that if the buyer pays with 15 days since the transaction takes place then the buyer would receive 3% on the receivable.

However, if they fail to pay within 15 days then the buyer would have to pay the full amount within 60 days.

Similarly, 2/10, n/30 means 2% discount within 10 days since the transaction took place. Otherwise full payment after 10 day.

4 0

3 years ago

When responding to questions face-to-face, how should you organize your response?

iragen [17]

Answer:

A. Using the same format you would use if you were responding in writing

Explanation:

here the answer should be A that is

A. Using the same format you would use if you were responding in writing.

What this means is that, the response should be neutral and catered in a way that we would if we're writing the answer in order to allow a better, more neutral understanding of the process, unless otherwise stated.

7 0

3 years ago

Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, decep

Flauer [41]

Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, deceptive, and unethical. this is an example of issues related to Ethics in product strategy.

This is further explained below.

<h3>What is competitive pressure?</h3>

Generally, In most cases, the term "competitive pressure" refers to a circumstance in which a business is put under stress as a result of the presence of other businesses in its industry.

Typical examples of it may be found in all types of economies, with the exception of monopolistic economies.

The demand and supply dynamics of a certain market or sector are very important considerations for any business.

The concept of product ethics encompasses every aspect of a product, including the decisions made about its design and the use of technology.

Therefore, you should direct your development team to make judgments that are morally acceptable while they are creating and constructing the product.

It is important to discourage immoral activities such as the employment of dark patterns and to promote the use of technology that is peaceful.

In conclusion, Some businesses, in order to remain competitive in an increasingly cutthroat market, have resorted to dubious, misleading, dishonest, and immoral packaging and labeling tactics. This is an example of a problem that arises in product strategy that relates to ethics.

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8 0

2 years ago