Answer:
The principle or model of voluntary exchange assumes that people will act based on self-interests. This is an important component of a healthy economy. If individuals in a market economy do not feel that they will benefit from the exchange, they would not be willing to make it.
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A person in the organization has the ability to given bonuses to employees as part of a corporate compensation program. This is an example of reward power.
<h3>What is reward power?</h3>
This is a term that is used formally in the workplace to refer to a power that has been given by people to give out rewards to other workers in the workplace.
A supervisor who gives incentives to workers is an example of a person that holds such a power.
Raed more on reward power here:
brainly.com/question/4068765
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Answer:
competition based pricing
Explanation:
When a company engages in a competition based pricing strategy, they will set the price of their products or services taking based on the price of their main or direct competitor. The product or service provided by the competitor is used to benchmark both the price and quality of the goods and services offered by the company.
For example, Coca Cola products are used as a price reference for all the soda products sold by other companies.
Answer:
$2,254
Explanation:
The computation of the amount of the check is shown below:
= Sale value of merchandise - returned goods - discount amount
where,
Sale value of merchandise is $2,500
Returned goods is $200
And, the discount is 2% of $2,300 = $46
So, the amount of the check is
= $2,500 - $200 - $46
= $2,254
We simply applied the above formula so that the correct amount could come
Answer:
14,619.88
Explanation:
The investment today amount shall be calculated using the following formula:
F=P(1+i/n)^nt
F= total future amount which include interest+principal=$25,000
P=Amount that should be invested today
i=interest rate per year=2.15%
n=number of months in a year=12
t=time involved in investment in years=25
F=P(1+i/n)^nt
25,000=P(1+2.15%/12)^12*25
25,000=P(1.71)
P=14,619.88
