Answer:
$20,000 and $20,000
Explanation:
Data given in the question
Reserve ratio = 10%
Value of money supply = $2,000
Deposit amount = $2,000
So by considering the above information, the amount to be created
= Money multiplier × deposit amount
where,
Money multiplier is
= 1 ÷ reserve ratio
= 1 ÷ 0.10
= 10
So, the amount to be created is
= $2,000 × 10
= $20,000
And, the new money supply is also $20,000
Answer:
A. carries a producer's inventory and performs the functions of a full-service wholesaler
Explanation:
The answer to the question is quite clear. The question is about a manufacturer's branch office. The intent is clear, the branch office in question belongs to a particular manufacturer.
A manufacturer's branch office is typically owned and operated by the manufacturer in a location that is physically different from the manufacturing prlant and the main purpose of this branch office is for the wholesale distribution of manufactured product.
Three Different Types of Wholesalers
1. Merchant Wholesalers - These are primarily into wholesale businesses for different manufacting groups per time. They take products in large quantities from manufacturers and resell to industries, retailers and even smaller wholesalers in smaller quantities.
2. Agents, brokers and commission merchants: They are active middlemen who do not take title of goods like merchant wholesalers but are involved in negotiating on behalf of their manufacturing clients. They are most paid on commission basis based on what business they bring in.
3. Manufacturers' sales branches and offices: The Manufacturer's branch office falls under this category and they are specific wholesale outlets run by the manufacturers themselves to sell their own products.
Considering other Choices in the Question
- Performs a sales function as an option to agents and broker- This is the description of wholesalers type two as described above
- works for several producers and carries noncompetitive, complementary merchandise in an exclusive territory - This is the description of Merchant Wholesalers
- takes title to merchandise but sells only to buyers that call on them, pay cash for merchandise, and furnish their own transportation for the merchandise- This is also the description of Merchant Wholesalers
- brings buyers and sellers together to make sales- This is the description of Agents, brokers and commission merchants.
Answer: True
Explanation:
Collaborative selling has to do with the collaboration and interaction between the customers and the salespersons.
A collaborative selling environment makes the sales pitch more challenging for salespeople. Working together in this case requires patience and problem solving skilss and this ultimately leads to more success, enhance customers satisfaction and also leads to achievement of organizational goals.
Answer:
The correct answer is letter "A": Program Objectives Memorandum.
Explanation:
The Program Objectives Memorandum or POM is one of the Planning, Programming, Budgeting and Execution (<em>PPBE</em>) outcomes that is in charge of providing suggestions from the Services and Defense Agencies to the Department of the Secretary of Defense (<em>DoD</em>) regarding program funds distribution that will help them to reach the Service Program Guidance objectives.
