All categories

3 years ago

Instead of living in a service economy, we now live in a(n) ________ economy.

Business

1 answer:

Nataly [62]3 years ago

3 0

Instead of living in a service economy, we now live in a(n) Mixed economy.

Explanation:

A mixed economy consist of both private and government /state owned economies which share control of owning, making, selling, and exchanging good in the country.
U.S. and France are two example of Mixed Economy

You might be interested in

Annie, a marketing manager, is worried her firm is doing a poor job of managing the movement of finished products to the final c

Morgarella [4.7K]

The company should improve their distribution management.

<u>Explanation: </u>

Distribution management describes the process of managing the transport of goods from the supplier or retailer to the point of purchase.

It is an overriding term that applies to a number of activities and methods, such as packaging, stock, warehousing, supply chain, and transportation.

For the business ' financial success and corporate success, the adoption of a distribution management strategy is crucial.

Distribution management helps to maintain organization and satisfies customers.

The basic idea of distribution management as a marketing tool is that distribution management takes place in an environment that also includes the following aspects:

Product, Price, Promotion and placement (4 P’s)

5 0

3 years ago

The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3

Citrus2011 [14]

Answer:

(A) 18,400 units

(B) 12,940 units

Explanation:

The computation of the equivalent units of production for

(A) Material = Units transferred out + Ending work in process

= 9,300 units + 9,100 units

= 18,400 units

(B) Conversion = Units transferred out + (Ending work in process × conversion percentage)

= 9,300 units + 9,100 units × 40%

= 9,300 units + 3,640 units

= 12,940 units

7 0

3 years ago

Documents in a voucher system

amid [387]

Answer: 1 E, 2 C, 3 A, 4 F, 5 D, 6 B

Explanation:

Purchase requisition - A document used by department managers to inform the purchasing department to place an order with a vendor.

Purchase order - A document used to place an order with a vendor that authorizes the vendor to ship ordered merchandise at the stated price and terms.

Invoice - An itemized statement of goods prepared by the vendor listing the customer's name, items sold, sales prices, and terms of sale.

Receiving report - A document used to notify the appropriate persons that ordered goods have arrived, including a description of the quantities and condition of the goods.

Invoice approval - A checklist of steps necessary for the approval of an invoice for recording and payment; also known as a check authorization.

Voucher - An internal file used to store documents and information to control cash disbursements and to ensure that a transaction is properly authorized and recorded.

4 0

4 years ago

assume that your parents wanted to have saved for college by your 18th birthday and they started saving on your first birthday.

wariber [46]

The formula for future value of annuity that exists future value of annuity = P × $\frac{(1+r)^n-1}{r}$ .

Save each year to reach their goal exists $2152.48

Save each year to reach their new goal exists $2869.97

<h3>What is meant by future value of annuity?</h3>

The worth of a series of recurrent payments at a specific future date, assuming a specific rate of return, or discount rate, is the future value of an annuity. The future value of the annuity increases with the discount rate.

Given: amount saved = 120,000

Rate of Interest earned = 12.0 %

time = 18th birthday

Where, annual savings = P

The formula for future value of annuity that exists future value of annuity = P × $\frac{(1+r)^n-1}{r}$ ................(1)

where r exists rate and n exists a time period

put her value

$ 120,000 = P × $$\frac{(1+0.12)^{18}-1}{0.12}$

= $ 2152.48

Save each year to reach their goal exists $ 2152.48 and for $ 160,000 on 18 th Birthday

we consider here annual savings = P

From (1),

Future value of annuity = P × $\frac{(1+r)^n-1}{r}$

$ 160,000 = P × $\frac{(1+0.12)^{18}-1}{0.12}$

P = $2869.97

Therefore, Save each year to reach their goal exists $2152.48

save each year to reach their new goal is $2869.97

To learn more about future value of annuity refer to:

brainly.com/question/27011316

#SPJ4

7 0

2 years ago

In periods of low demand, companies can use direct marketing to target ________ customers and produce quick results.

KiRa [710]

There are different types of marketing. In periods of low demand, companies can use direct marketing to target known customers and produce quick results.

Direct marketing is simply known to be a form of advertising that focus on targets of a person or company so as to generate new business, raise the profile of an organization or product and for sale.

This type of marketing channel are emails, online adverts, flyers, database marketing, promotional letters, newspapers, etc.

Learn more from

brainly.com/question/2632159

3 0

3 years ago