The answer is: satisfying customer needs and wants.
<h3>What Distinguishes Needs from Wants?</h3>
One of the most crucial tasks you must take when building a monthly budget is classifying your expenditures by "need" or "desire" status.
The distinction between a need and a want might vary from person to person, making it one of the hardest challenges. It is also simple to mistake requirements for wants if you have been accustomed to something to the point that it is difficult to imagine life without it.
You classify your expenditure on the budgeting worksheet as either needs or wants. By doing this, you may distinguish between the expenses that are absolutely necessary for your existence and well-being (what you need) and those that are only desirable but not necessary (wants).
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Explanation:
Negative implications of the Pygmalion Effect: Unjustified expectations end up becoming real. ... Secondary teachers have lower expectations to colored students and students from poor and disadvantaged backgrounds.
Answer: off price retailers
Explanation: In simple words, it refers to the retailers that sells high quality products at relatively lower prices than market. The key to their business structure is the discount they offer as the majority of product they sell are of second hand quality or are off seasoned.
They procure material directly from the suppliers in the form of scrap etc and then sells it to retailer at heavy discounts. Hence from the above we can conclude that the correct answer is off price retailers.
Answer:
$2722.82
Explanation:
Present value of loan = $1,000 * [(1+5%)^3 - 1]/ 5%
= $1,000 * (1.157625 - 1) / 0.05
= $1,000 * 0.157625/ 0.05
= $1,000 * 3.1525
= $3152.50
The present value of loan before bank restructuring is $3152.
Future value = Cash flow / (1+r)^n
= $3152 / (1+0.05)^3
= $3152 / (1.05)^3
= $3152 / 1.157625
= $2722.82
Therefore, the final payment required to pay to make indifferent for both payment is $2722.82
payable = money owed by a company to its creditors
receivable = money owed to a company by its debtors.
