If the total value of goods exported from a nation is less than the total value of goods imported to the nation, the nation is experiencing a Trade deficit.
The difference between imports and exports is known as the trade deficit or negative balance of trade (BOT). A trade deficit develops when an economy spends more on imports than on exports. It can be computed for various commodities and services as well as for cross-border transactions.
The difference between the monetary value of a country's exports and imports over a specific time period is known as the balance of trade deficit, commercial balance, or net exports. A distinction between a trade balance for products and one for services is occasionally drawn.
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Answer:
<em>c) contractual vertical marketing system.</em>
Explanation:
A contractual vertical marketing system <em>requires a legal agreement to manage the overall process between the various levels of the distribution or production chain.</em>
This system allows businesses to take advantage of economies of scale and advertising bounds.
Franchise system, sponsored retail and sponsored wholesale are aspects of a vertical marketing contractual framework.
Answer:
The transformational leaders are bureaucratic and charismatic are people oriented in nature.
Explanation:
- The charismatic leaders are also called as the transformational leaders and shares various things.
- Charismatic leaders make their status better and transformational leaders focus on the transformation of the organization's vision. The main difference is the focus and the audience.
- The charismatic leaders are committed and have engaging personalities like martin Luther king as his speeches were often more tangible than other leaders and used to have a huge influence on the people he met.
- The charismatic leaders are more emotionally attached to their audience. They work towards an emphasis on the greater good. More people-oriented.
Answer and Explanation:
The computation is shown below;
a. Raw material price variance is
= (standard price - actual price) × actual quantity
= ($10 - $11) × ($69,300 ÷ $11)
= ($10 - $11) × 6,300
= $6,300 unfavorable
b. The raw material usage variance is
= (Standard quantity - actual quantity) × standard price
= (525 × 13 - 6,300) × $10
= $5,250 favorable
In this way it should be calculated
Answer:
Account A
Explanation:
Since Irma has $500 to open a checking account and She wants an account with the lowest fees.
She plans to use only her bank’s ATM to deposit her paychecks and withdraw cash.
The Bank Account Terms and Conditions that would be best for Irma is Account A.
Account A will be sufficient as there is no indication for writing of checks and issuing checks to clients as a form of payment, including the fact that the amount Irma has to open the account is just a base amount of $500
