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2 years ago

Why should firms manage thier environment

Business

1 answer:

ahrayia [7]2 years ago

6 0

Answer:

Environmental management can make firms more effective in many ways

Explanation:

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Co-workers in the sales department of a company work closely together. these members of the sales department together make up a

Elza [17]

In sociology, these sales workers would be classified as a secondary group.

A secondary group is a group of people whose relationships with one another is impersonal and goal oriented. The group is usually temporary compared to primary group, which is a small social group whose members share personal relationships with one another. Some examples of primary groups are friends and family.

7 0

3 years ago

What is price index number?

Semmy [17]

Answer:

Price index number can be defined as a measure of how the price of goods and services change over a specific period of time.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered.

Generally, the price a consumer (buyer) would pay for goods and services are primarily being set by the seller or service provider.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Price index number can be defined as a measure of how the price of goods and services change over a specific period of time.

Hence, it's a statistical value (number) that is typically used for expressing the price change of goods and services as a percentage of prices in a base year.

On a related note, the consumer price index (CPI) is a measure used to analyze and examine the weighted average or aggregate of prices of a basket of goods and services paid for by consumers such as medical, food, and transportation.

8 0

3 years ago

Explain why the APR does not compare loans for different lengths of time.

Lena [83]

<span>Some classes of fees are not included in the calculation of APR. Because these fees are not included,as some consumer advocates claim that the APR does not represent the total cost of borrowing.
Excluded fees may include: routine one-time fees which are paid to someone other than the lender and penalties such as late service without regard for the size of the penalty it will be imposed</span>

3 0

4 years ago

Read 2 more answers

You have just turned 40 years old and are trying to decide who much money to put into your retirement plan. The plan works as fo

Karolina [17]

Answer:

$31,886.09

Explanation:

years until retirement = 65 - 40 = 25 years

interest earned 7%

retirement age 65

expected life span after retiring = 95 - 65 = 30 years

financial needs during retirement $250,000 per year

current account balance $200,000

we must first determine how much money you will need when you are 65:

present value = $250,000 x 12.409 (PV annuity, 30 years, 7%) = $3,102,250

your $200,000 will be worth $200,000 x (1 + 7%)²⁵ = $1,085,486.53 in 25 years

so you need $3,102,250 - $1,085,486.53 = $2,016,763.47 extra

using the FV formula for an annuity:

$2,016,763.47 = payment x 63.249 (FV annuity, 25 years, 7%)

payment = $2,016,763.47 / 63.249 = $31,886.09

7 0

3 years ago

In Florida what age group had the highest rate of crashes in 2008?

Roman55 [17]

The answer would probably be 15-19

7 0

3 years ago

Read 2 more answers