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3 years ago

The overall cycle time in the buying process has been reduced due to:

2 answers:

meriva3 years ago

7 0

The overall cycle time in the buying process has reduced due to the fact that in today's world, products and services are within the close reach of every person. Due to the businesses conducted over the internet, the sales process has become very fast. People who once had to go out of the house to purchase small things, now don't need to go for the grocery even. Almost everything is selling on the internet. E commerce has made the sales process shorter and in the reach of everyone who has access to internet.

sergij07 [2.7K]3 years ago

4 0

The buying process which is also called sales process is the process consumers and business buyers go through when contemplating a purchase. The overall cycle time in the buying process has been reduced due to increased usage of information technology.
Because of the information technology, social media, social marketing, online shopping consumers and business have better position in the overall sales process.

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Clarissa wants to fund a growing perpetuity that will pay $6000 per year to a local museum, starting next year. She wants the an

likoan [24]

Answer:

She needs $150,000 to fund this perpetuity.

Explanation:

In this question we need to find the present value of this perpetuity. Because this is a growing perpetuity we will need to use the formula of present value of a growing perpetuity.

PV of growing perpetuity = Payment/ R-G

The payment is the current payment the perpetuity will pay which is 6,000, R is the interest rate which is 10% and G is the growth rate of the perpetuity which is 6%. Now we will input these values in the formula in order to find the present value of the perpetuity.

6,000/0.1-0.06

=6,000/0.04

=150,000

4 0

3 years ago

Millions of West Africans who migrated to Nigeria during the 1970's, when the country's economy expanded, were expelled during t

lorasvet [3.4K]

Answer:

Pull factor becoming a push factor

Explanation:

Nigeria is the most populous black nation on earth and attracts a lot of tourist as well as investors at every point in time. During the 1970's, there was migration of people from other west African countries due to the economic stabilty and increasing economic expansion, thus making Nigeria a place to search for greener pasture within the continent. In the 1980's, there was an economic downturn that hit the country so hard that Nigerians started calling for the exit of fellow african nationals in the country. Most affected country then was Ghana and there was a slogan with tthe phrase 'Ghana-must-go'.

The phrase went on to become the name of the bags with which Ghanians left tthe country with.

N.B: look up Ghana-must-go bags on google.

Cheers.

8 0

3 years ago

In a market, buyers want to pay the _____ possible price and sellers want to charge the _____ possible price.

nikklg [1K]

Answer:

Lower; Higher

Explanation:

Lower; Higher

A consumer always wants to pay a lower price for the commodity in order to increase the consumer surplus. While the producer can increase their profit by charging higher prices. Therefore, the producer will try to charge a higher possible price.

8 0

3 years ago

The amount of money that a worker's compensation claimant can recover

Dennis_Churaev [7]

The amount of money that a worker's compensation claimant can recover is :
C. depends on whether the employer carried worker's compensation insurance

hope this helps

3 0

3 years ago

If the form of a will is made orally, and written down by a witness, how is it called?

kvv77 [185]

If the form of a will is made orally, and written down by a witness, it is called nuncupative (non-culpatory) - meaning oral or dictated; often limited to sailors or military personnel.

6 0

3 years ago