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Blizzard [7]
3 years ago
13

Buying a new car can create a financial challenge because

Business
1 answer:
Tomtit [17]3 years ago
3 0
Because it’s a big expense and there are monthly payments and weekly gas payments (depending on how much fuel/how often you drive the vehicle)
You might be interested in
Consumers have described apple's products as imaginative and up-to-date. the brand is also considered daring, changing the tradi
hoa [83]

Apple can best be described as having brand competence. he attributes represented by this brand personality are intelligence, success, reliability, and expertise. Apple is known for innovative products, reliability, and expertise in the field.

7 0
3 years ago
A credit card company advertises an APR of 15.3%, compounded daily. What
Art [367]

Answer:

B. 16.53%

Explanation:

The effective interest rate is the real interest rate charged by a bank or any other type of lender on a loan.

the formula to calculate effective interest rate = r = (1 + i/n)ⁿ - 1

  • i =15.3%
  • n = 365 days

r = [1 + (15.3%/365)³⁶⁵] -1 = 1.00419178³⁶⁵ - 1 = 1.165287621 - 1 = 0.165287621 ≈ 16.53%

7 0
4 years ago
As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
Firlakuza [10]

Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling  

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.  

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.  

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.  

Question 5:  

(i) The profits for San Consulting will decline  

(ii) The profit will rise because employee will focus more on their specific tasks.  

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.  

5 0
4 years ago
The characteristic that all forms of direct marketing have in common is that they:
dlinn [17]
The characteristic that all forms of direct marketing have in common is that they:

are carried out by agents or brokers.

involve face-to-face or teleconferencing sessions with the customer.

include some type of activity that directly links manufacturers to the ultimate consumer.

make use of exclusive distribution systems with a network of traditional "bricks and mortar" stores.
5 0
3 years ago
At the beginning of December, Global Corporation had $2,100 in supplies on hand. During the month, supplies purchased amounted t
kifflom [539]

Answer:

DR Supplies expense $2,800

CR Supplies  $2,800

Explanation:

Opening Balance      $2,100

Add Purchases         $3,500

Total                           $5,600

Closing Balance        $2,800

To determine usage for the month

=Total  supplies - Closing Balance of Supplies

= $5,600 - $2,800

= $2,800

Usage for the month = $2,800

DR Supplies expense $2,800

CR Supplies  $2,800

6 0
3 years ago
Read 2 more answers
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