I believe the answer is: Use concrete language with specific detail
Concrete language refers to a form of language that give clear understanding regarding the content of the message to the audiences. Expert communicators tend to do this by making sure that the term or lingo that they use is appropriate and could easily be received by the audiences.
1.Interest rates
The interest rate level is moved higher or lower by a country's central bank to either stimulate or slow down an economy. Higher interest rates impose a more costly fee to borrow money while lower interest rates lessen the fee and usually spur more borrowing
2.Economic growth
The strength of an economy can go a long way to boosting the strength of the nation's currency. A strong growth rate in a country will see a growing demand for products and services with better job prospects for workers as well as being an attractive destination for capital and investments.
3.Inflation
When a product rises in price, it signals that there is an underlying demand for that product. Higher prices may not seem good to a consumer, but it is generally considered healthy for a country to have a moderate increase in inflation in a growing economy.
Answer:
one particular cost issue that I noticed as a team manger is the inability to keep our budget in line due to additional costs that kept coming up intermittently. This cost issue almost cost us the entire project.
Explanation:
At the execution phase of the project I was managing, additional costs that needed immediate attention drove us to emergency mode at a point with a huge budget overrun that pushed us to the brink of project shutdown.
To rectify the issue, I called for a meeting with my team and the following steps were taken
- we extended the time for the completion of the project.
- Requested for the services of a professional accountant to prepare a comprehensive budget that will give cater for emergencies.
- We developed good processes and habits will help significantly reduce the likelihood that your project budget will turn into a catastrophe such as weekly reviews.
Answer:
-4670 Favorable
Explanation:
actual- standard = variance
variance * actual lbs of material
5.2-6.2=-1*4670=-4670 Favorable
Answer:
<h3>Flower Direct</h3>
1. Operating cost equation = $0.26x + $1,150
2. Prediction of operating costs at a volume of 16,000 is:
= $5,310
Explanation:
a) Data and Calculations:
Month Kilometres Driven Van Operating Costs
January 16,000 $5,490
February 17,500 5,700
March 14,900 4,910
April 16,200 5,340
May 16,900 5,820
June 15,100 5,410
July 14,500 4,920
High-Low Method:
February 17,500 5,700
July 14,500 4,920
Difference 3,000 780
Variable cost per unit = $780/3,000 = $0.26
Total variable cost at February figures = $4,550 (17,500 * $0.26)
Total fixed costs at February figures = $1,150 ($5,700 - $4,550)
Operating cost equation = $0.26x + $1,150
Operating cost at a volume of 16,000 = $1,150 + $0.26 * 16,000
= $1,150 + 4,160
= $5,310
