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vitfil [10]
3 years ago
6

Explain the difference between mandatory and discretionary spending? provide an example of each kind of spending"

Business
1 answer:
nataly862011 [7]3 years ago
5 0
Mandatory spending is something that either has, or is strongly urged to be done. Discretionary spending is based on the spenders discretion, if the spender thinks it needs to be spent, then they would do so. Example of mandatory spending would be paying back a loan. Example of discretionary spending would be a good business investment.  Hope this helps!
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Write a pin introducing yourself to the class, and addressing one or more of the following questions.
wlad13 [49]

Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do  think that Boeing's most recent decision to rethink its outsourcing strategy is correct.

<h3>Why did Boeing restructure and outsource the project operations?</h3>

The reason for the outsource is so that they can lower the  costs and and the time spent on development.

Note that  Boeing was known to have created about 787 through the use of a system that is said to be an unconventional three-tier supply chain.

Note that The implementation of this was said to have led to a substantial increase  in outsourcing.

Hence,  Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do  think that Boeing's most recent decision to rethink its outsourcing strategy is correct.

Learn more about mini-case from

brainly.com/question/22526804

#SPJ1

8 0
2 years ago
Juan Carlos originally hoped to purchase a home. However, because he could not earn enough money to ever afford one, he decided
Ivenika [448]

Answer:

Retreatism

Explanation:

Retreatism -

It is the concept or the methodology , which states that a person resigning the traditions of the society's idea of success and creating their own way of happiness and self satisfaction , is known as the method of Retreatism .

Same case is shown in the question , where Juan Carlos adapted the idea of Retreatism , in order to attain a happy life , by leaving his job and moving to the woods and enjoying the solitude .

5 0
3 years ago
which of the following are true if you pay only the minimum amount each month towards your credit card bill?
Leni [432]
Well If you only do minimum payments every month than you are really digging yourself a bigger hole, because interest will build up every month. <span />
7 0
4 years ago
Arnold learned something very valuable as a teenager from his dad. He was told to invest​ $1,000 at​ 12% interest at age 20 and
ira [324]

Answer:

The investment of $1000 that yields 12% interest per year would become $2000 in 6 years' time as shown by the calculation below

Explanation:

In determining the how long it would take for the investment to become $2000, the future value formula stated below is used.

FV=PV*(1+r)^N

FV is the $2000

PV, present value is $1000

r is the rate of return at 12%

2000=1000*(1+0.12)^N

2000/1000=1.12^N

2=1.12^N

by taking log of both sides the equation becomes

ln 2=N ln 1.12

N= ln 2/ln 1.12

N=6.116255374

approximately N is 6 years

6 0
4 years ago
How your organization starts its risk mitigation process depends entirely on the type of organization you are working in.
dezoksy [38]

Answer: False

Explanation:

Risk mitigation simply has to do with the strike that are taken by an economic agent such as an individual, firm or the government in order to prevent risk and reduce it to its minimal level.

It should be noted that risk mitigation is identical for every organization as the same process is being followed. Therefore, the question is false.

6 0
4 years ago
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