Answer:
a. Cash freed up by cash management:
= Amount received * speed increased by + Amount disbursed by speed reduced by
= 2,550,000 * 2 days + 1,110,000 * 1/2 days
= 5,100,000 + 555,000
= $5,655,000
b. Interest on freed up cash:
= 5,655,000 * 7%
= $395,850
c.<u> No.</u> It is less than the income earned from interest from freed up cash so it should not be implemented as it brings no additional benefit.
Answer:
Consumer behaviour
Explanation:
Consumer behaviour is comparatively a new field of study which evolved just after the Second World War
. The sellers market has disappeared and buyers market has come up. This led to paradigm shift
of the manufacturer‘s attention from product to consumer and specially
focused on the consumer behaviour. The evaluation of marketing concept from mere selling concept to consumer
-
oriented marketing has resulted in buyer behav
i
our becoming an independent discipline. The growth of consumerism and cons
umer legislation emphasizes the
importance that is given to the consumer. Consumer behaviour is a study of how individuals make decision to spend their available resources (
time, money and effort) or consumption related aspects (W
hat they buy
? W
hen they bu
y
?
, How t
h
ey buy
? e
tc
).
The heterogeneity among people makes understanding consumer
behaviour a challenging task to marketers. Hence marketers felt the need to obtain an in
-
depth knowledge of consumers buying behaviour. Finally this knowledge acted as an imperative tool in the hands of marketers to forecast the future buying behavior of customers and devise four marketing strategies in order to create long term customer relationship.
Answer: Frictional unemployment
Explanation: Frictional unemployment results from employees changing their jobs from one to another. This kind of employment exists even in the most developed economies.
The change of jobs could occur for a number of reasons, one of which is the taste and preference of the labor force.
Hence from the above we can conclude that the correct option is A.
Answer:Credentialing
Explanation: Credentialing: Providing documentation that identifies personnel and authenticates and verifies their qualifications for a particular position