All categories

3 years ago

How does advertising influence the job roles in a purchasing department and business buying decisions?

1 answer:

3 0

The company's objectives, purchasing policies and resources can influence the buying process. ... Four main influences impact the business buying decision process: ... from marketing or other functionaldepartments, must pay close attention to ... Individual factors including age, education level, personality,job tenure, and ...

You might be interested in

If the government imposes a maximum price for milk that is above the equilibrium price:

Keith_Richards [23]

Maximum prices in economics can be also known as Price Ceiling, where it is the legal maximum prices that producers can sell their good at. However, as this causes a market disequilibrium, ceteris paribus, there will exist a surplus of goods produced. This is due to the signalling and incentive effective on producers and consumers resulting in the increase of price (that has been set by the government). Consumers would consume less of the product as it is more pricey than before, hence they are less willing and able to buy the product at the new price. Producers on the other hand sees more revenue to be earnt through higher prices and hence would devote their resources into producing that product. Hence the mismatch of supply and demand results in a surplus of products and would likely result in the government buying all the surplus out of interest for producers.

6 0

3 years ago

Summarize how compound interest helps you to accumulate savings even faster.

yulyashka [42]

Answer:

The magic of compound interest happens in a way that the more you put in, the faster your money grows.

Explanation:

The magic of compound interest happens in a way that the more you put in, the faster your money grows. The interest you earn on the amount you save also earns interest and this snowballing effect makes you accumulate your savings even faster. For example, if you deposit $100 in a savings account that pays 5% interest per year. At the end of the year, you account will have (5%*100= 5) plus the $100 you deposited, coming to a total of $105. At the end of the second year, your $5 interest earned in year 1 will earn another 5% interest and so will the $100 you initially deposited.

4 0

3 years ago

PackMan Corporation has semiannual bonds outstanding with nine years to maturity and the bonds are currently priced at $754.08.

EleoNora [17]

Answer:

8.23%

Explanation:

Since this bond pays semi-annual coupons, it means that the payments occur every 6 months; making it 2 periods per year. Using a Financial calculator; enter the following inputs. If using TI BA II plus, key in the number first, then the function.

Total duration; N = 9*2 = 18

Face Value ; FV = 1,000 (use 1,000 if the value is not given)

Present value or price ; PV = -754.08

Semiannual Coupon Payment; PMT = Semiannual coupon rate *Face value

Semiannual Coupon Payment; PMT = (7.25%/2) *1000 = 36.25

The Yield to maturity;YTM is the annual pretax I/Y which is the Pretax cost of debt in this case

therefore, CPT I/Y = 5.875% (note: semi-annual rate)

Next, convert the semiannual rate to annual rate i.e the YTM;

= 5.875%*2

Pretax cost of debt (YTM) = 11.75%

Aftertax cost of debt = Pretax cost of debt (1-tax)

= 0.1175% (1-0.30)

= 0.08225 or 8.23%

8 0

3 years ago

If current output is $40b less than Potential GDP, how much would congress need to decrease taxes by to correct this short-run e

malfutka [58]

Answer:

Reduction in Tax Needed = $ 13.33

Explanation:

Tax Multiplier shows magnitude of change (decrease) in income due to tax change (rise) .

Tax Multiplier = ΔY / ΔT = - MPC / (1- MPC)

Given : Change in Income needed [ΔY] = 40

MPC = 0.75

Putting in formula ;

40 / ΔT = - 0.75 / (1- 0.75)

40 / ΔT = - 0.75 / 0.25

40 / ΔT = - 3

ΔT = - 40/ 3

ΔT = - 13.33

6 0

3 years ago

Strand, Inc. is currently engaged in negotiations with one of its major unions. The company is covered by the LMRA. If Strand is

PSYCHO15rus [73]

Answer: True

Explanation:

The Labour Market Regulatory Authority is responsible for regulation of the labour market.

Based on the information given in the question, we can say that Strand will be in compliance with the act. Therefore, the answer is true.

4 0

3 years ago