Answer:
Recession.
Explanation:
Recession: It is defined as a gradual decline in economic activity as consumer and business spend a lesser amount of money in the market, which leads to a decline in the gross domestic product of the nation. If there is a decline in GDP for consecutive two quarters then it is an indicator that the economy is heading toward recession. It is also considered a business cycle contraction.
Answer:
A. True
Explanation:
The strategy that is meant to ensure customer loyalty, communication and long term patronage is known as relationship marketing. This type of marketing tries to have an emotional connection and open communication with its customers so it can deliver goods and services that are suited to the customers needs.
Elodie's actions of meeting up with already existing customers and making sure they are satisfied by her service is consistent with relationship marketing.
Traditional marketing focused more on getting new customers for its products and services while ignoring already existing customers. It was soon found out that already existing customers were not to be ignored as they were important because of referrals they could give and continued patronage, that was when relationship marketing was formed.
By checking up and getting feedback from college professors who had already purchased her books and already using it, she was able to form a relationship with them which comprised of loyalty and commitment.
In future, when such college professors would want to purchase another set of books, they are likely to buy from Elodie's company.
The management area of coordinating and directing from the top hierarchies is the where some ethically relevant questions may occur.
<h3>What is an Ethics?</h3>
This refers to some standards that imposes a reasonable obligations to refrain from fraud, slander, gossip etc in a firm.
Some example of an ethical behaviors in the firm are:
- obeying company's rules
- effective communication
- accountability & professionalism
- trust and mutual respect
Hence, the management area of coordinating and directing from the top hierarchies is the where some ethically relevant questions may occur.
Read more about Ethics
<em>brainly.com/question/24606527</em>
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1. How much interest would you pay on a loan of $1,230 for 15 months at 15 percent APR if the interest is 18.75 per $100?
The chart probably refers to interest per $100 of loan. So, the interest for a $1,230 loan would be (1230/100) * 18.75 = 230.625 ~ 230.63
So, the answer will be B $230.63.
2. Sherri borrowed $3,200 at 13 percent APR for 18 months. If she must pay 19.5 per $100, what is the total interest?
3,200 / 100 = 32 ... x 19.5 = 624
Principal x int rate x time = 3200 x .13 x 1.5 yr = 624 interest
So, the answer will be the A $624.
3. What is the total amount that Sherri (in question number 2) will repay?
The correct answer will be the $3,824.
