Answer:
<em>Autocratic Leadership</em>
Explanation:
Autocratic leadership <em>is a leadership style represented by immediate individual control across all choices and hardly any contribution or feedback from members of the group. </em>
Usually, autocratic rulers create decisions based on their thoughts and opinions and seldom accept members' suggestions.
Answer:
b contractionary monetary policy will be effective.
Explanation:
Inflation occurs when excess money is used to buy goods, that is price of basket of goods rises. It results from a decline in the value of money.
Central banks are tasked with control of a country's economy and rising inflation needs to be reduced.
To do so the Central Bank uses contractionary monetary policies aimed at reducing money in circulation.
The rationale is that the more scarce money is the more the demand for it, and in turn the more value it will have.
Contractionary monetary policies includes increase in interest rate to make lending more expensive, and selling of government bonds to the public in order to mop up excess cash
Answer:
Build and maintain long term relationship
Explanation:
A good way to manage the cost of acquiring a new customer is by building and maintaining a long term relationship with customers as this helps in winning their loyalty .
With this, a particular customer can keep patronizing you for a long period of time . This means that after the initial cost of acquiring the customer , the major expenses in respect of the customer is just the service cost , which is much smaller compared to the cost of acquiring a new customer.
Answer:
The answer is: B) User
Explanation:
In this specific case the students can be both only final users of your products (books) or they can also be the buyers/users of the books. They are obviously going to be the product’s end-users. They will need to read and study the books for their university classes.
That doesn´t necessarily mean that they are going to buy the books. They definitely are not going to decide whether those books are appropriate and useful for the university´s courses or not. When I went to college sometimes our professor told us to buy certain books and other times textbooks were given to us.
Answer:
Explanation:
note to be paid with three equal payments @ 6% interest at the end of each year.
Amortization Schedule
Year Opening Interest 6% 3 equal Paments Repay Closing
1 8000000 480000 2666667 3146667 5333333
2 5333333 320000 2666667 2986667 2666667
3 2666667 160000 2666667 2826667 0
Journal Entries
January 1, 2018
Loan Receivable 8000000
Bank 8000000
Amount given as Loan
December 31, 2018
Cash 3146667
Interest Income 480000
Loan Receivable 2666667
To record the repayment and interest income
December 31, 2020
Cash 2826667
Interest Income 160000
Loan Receivable 2666667
To record the repayment and interest income