The international monetary fund established special drawing rights as the replacement for gold as a world standard. International monetary fund helps countries in balancing their economies by letting states to borrow against their deposits of financial reserves and repay the loans in subsequent years.
Answer:
$3,436,351.59
Explanation:
The computation of the amount that could be afforded to spend is shown below:
= Amount × (P/A, 8%, 20 years)
= $350,000 × 9.8181
= $3,436,351.59
We simply applied the above formula so that the correct value could come
And, the same is relevant too
Answer:
- Banking regulations
- Lower interest rates on bank loans.
Explanation:
Being credit constrained means that one is unable to borrow because the lenders do not think the individual is capable of paying back.
A person's credit history, savings level and collateral are all very useful in determining if they have the ability to pay back debt. Banking regulations do not directly lead to a credit constraint.
Lower interests on bank loans is only given to more creditworthy entities whom the bank feels will be able to pay back. A credit constrained person is risky and will therefore draw a higher rate from banks to balance that risk.
Answer:
No
Explanation:
Customer service has a great impact on every business, every company must train it's staff on how to listen to customers and attend to their needs in a polite and professional manner.
A great customer service will keep customers happy and satisfied, this will in turn make them want to come back to do more business. A satisfied customer will go extra length to recommend others to the company but unsatisfied customer that feels that his needs weren't addressed properly or his request wasn't attended to, such customer will not likely but from the company and also bad mouth the company to others and this will leave a great impact on the company growth.
In summary, no company in a specific industry would survive or get by without having customer service as this is part of what makes a company grow.
The vital component of marketing is promotion.
Promotion in marketing refers to any sort of marketing communication that is used to enlighten target audiences about the relative qualities of a product, service, brand, or problem, and is usually persuasive in nature. It assists marketers in creating a distinct space in the minds of their customers, which can be either cognitive or emotional.
Marketing relies heavily on promotion. Marketing promotion is described as a method of communication between buyer and seller in which the buyer persuades his or her audience to purchase his or her items.
Advertising, sales promotion, public relations, and direct marketing are the four primary promotional strategies.
Hence, the blank will be filled by promotion.
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