1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
trasher [3.6K]
3 years ago
14

What is financial literacy

Business
1 answer:
Alenkasestr [34]3 years ago
6 0

Financial Literacy is the ability to understand how money works in the world around us. There are many different ways to develop financial literacy, but a few of these steps could include setting a budget, set a financial goal, and one of the biggest ones is educate yourself on personal finance. Financial literacy is a very important concept to understand especially in the working world.

You might be interested in
Susan is the director of a federally funded program that assists at-risk teens with building communication skills, enhancing aca
Alexxx [7]

Answer:

selective intervention.

Explanation:

The concept of 'selective intervention' was developed by Oliver Williamson. The concept of selective intervention meant the intervention of large firms in small firms by duplicating their activities to produce net gains.

<u>In the given case, Susan is using a selective intervention strategy as her program is assisting at-risk teens to build communicative skills, attaining academic skills, and exploring career possibilities. In this case, the firm of Susan has replicated the activities of small firms by giving at-risk teens the classes to help themselves to gain net profit</u>.

Thus the correct answer is a selective intervention.

6 0
3 years ago
2. Sally Medavoy will invest $8,000 a year for 3 years in a fund that will earn 10% annual interest. If the first payment into t
ipn [44]

Answer: $10,746

Explanation:

Using Compound interest formula

A= p(1+r/n) *nt

A= final amount =?

P= initial principal =$8, 000

r = interest rate = 0.1

n= nob of times interest applied(3)

t=nob of times period elapsed (3)

A = 8,000 (1+0.1/3) *9

A = 8000 (3+0.1/3) *9

A= 8000 (3.1/3) *9

A = 8000 (1.0333) *9

A = 8000 × 1.34327

A= $10,746

5 0
3 years ago
The sequencing of activities is often based upon dependencies between the activities. The dependencies that should guide activit
Varvara68 [4.7K]

Answer:

C

Explanation:

Mandatory or discretiinary

A mandatory dependency is one that must happen at a particular time. It is usually requirement of some kind based on contracts, laws, company procedures, physical limitations, etc. When the sequence of events is developed for various aspects of the process, mandatory dependencies are placed where they must happen.

A discretionary dependency is one that isn't based on a must, but on a should. These decisions are usually based upon best practices, business knowledge, preferences etc.When the sequence of events is developed they are placed where the team members would like them to occur

8 0
4 years ago
The closing process is also known as which of the following?
Alex

Answer:

A. Project completion is the answer

plz mark me as brainliest

3 0
3 years ago
Read 2 more answers
Which accurately explains the difference between the stock market and the currency exchange market?
jolli1 [7]
I would say that the stock market deals with selling and buying shares according to the confidence of the shareholders in say the price of metals and the quality of the companies' assets, whereas for currency exchange, it is based on the exchange rates between currencies and converting one to the other.
5 0
4 years ago
Read 2 more answers
Other questions:
  • Conducting ourselves ethically and within the law of business practices
    9·1 answer
  • Which would be a negative externality of increased satellite usage worldwide?
    6·1 answer
  • Meijer, a retail chain, carries a full line of food and nonfood items as well as product lines such as small appliances, some fu
    7·2 answers
  • FIRST ANSWER GET BRAINLIEST (THE RIGHT ANSWER)
    12·1 answer
  • Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual r
    14·1 answer
  • During 2019, Lowes Company sold equipment with a book value of $120,000 for proceeds of $145,000. The company purchased new equi
    6·1 answer
  • A real estate attorney employed by a large national clothing store evaluates sites across the United States, searching for ideal
    8·1 answer
  • Describe the benefits and disadvantages of different career pathways
    9·1 answer
  • Monica wants to sell her share of an investment to Barney for $150,000 in 6 years. If money is worth 6% compounded semiannually,
    15·1 answer
  • If firms in the travel industry compete through nonprice competition, these statements are all true except which one?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!