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
hichkok12 [17]
2 years ago
7

What are the advantages of virtual meetings?

Business
1 answer:
myrzilka [38]2 years ago
7 0

Answer:

Virtual meetings are becoming more and more common nowadays. They can be used for meetings with colleagues, staffs or partners and even for training, presentation. Here are several advantages of virtual meetings, explaining why it becomes so common.

First, they are cost effective compared with the physical one. Virtual meeting requires each participants only computer or another mobile device - which that almost every one owns with internet connection. Meanwhile, the physical one requires travelling which takes time and money, place to hold the meetings.

Secondly, it is convenient and allow the participants from different places. The technological development with internet connection facilitate the virtual meeting even when the members are geographically distant from each other.

Furthermore, there are several minor benefits such as they help share information in real time, contribute to environmental protection, etc.

You might be interested in
Assume you borrowed $100,000 at a fixed rate of 7 percent for 30 years to purchase a house. If the inflation rate is 3 percent,
nikitadnepr [17]

Answer:

(A) less

Explanation:

Given a positive inflation rate, the real value of the dollar will depreciate by the rate of inflation annually.

Thus, for a house that cost $100,000 today, given a 3% inflation rate, it would cost (100,000 * 1.03 = ) $103,000 after a year.

This means, $100,000 today will have the same value as $103,000 one year later.

Therefore, repayments, which will likely be a fixed sum every year, will have a lower purchasing power as the year progresses.

6 0
3 years ago
Sally would only agree to a second date with Andy if she sees him leave a generous tip for the waiter on their first dinner date
Nikitich [7]

Answer:

The correct answer is letter "A": Screening mechanism.

Explanation:

The screening mechanism is the activity in which people identify good qualities in others by evaluating their actions and matching them with their own behavior so they can eventually qualify those other people as suitable for them or not.

In the example, <em>Sally must consider a good practice to give generous tips to waiters since only if Andy, her date, does such a thing, she will consider dating him again. What Sally conducted is an example of a screening mechanism.</em>

5 0
3 years ago
Spelling Corporation has eliminated the need for Finished Goods Inventory as it manufactures customer orders as they are receive
Marizza181 [45]

Answer:

Just-in-time inventory method

Explanation:

Just-in-time inventory method accurately forecasts demand for a good or service, so that it requests only for inventory it uses in production process. This method is aimed at reducing inventory storage cost and other expenses associated with having excess inventory on hand.

This method results in smooth operation at reduced cost. To be successful the business must accurately predict demand, and react fast to meet supply obligations.

6 0
3 years ago
The Brisbane Manufacturing Company produces a single model of a CD player. Each player is sold for $182 with a resulting contrib
k0ka [10]

Answer:

Year 3 cashflow:

current system: 243,360

alternative system: 102,240

Present cost:

current system PV -$971,665.9146

alternative system PV  -$1,075,964.17

Explanation:

<u>Current Scenario:</u>

42,000 inspection cost

<u>Repairs:</u>

1,520 identified x  $75 = 114,000

<u>Refunds:</u>

480 units x $182 = 87,360

Total yearly cost: 243,360

PV of an annuity of $243,360 during 5 years:

Present Value of Annuity  

C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\  

C 243,360

time 5

rate 0.08

243360 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\  

PV $971,665.9146  

<u>New Scenario:</u>

Inspection cost: $42,000  + $25,000 = $77,000

Repair cost: 350 units x $41 = $14,320

Refunds: 50 units x $182 x 120% = $10,920

Total yearly cost: $102,240

F0 cost:

470,000 workers trainings

210,000 purchase cost

Total F0 cost: 680,000

Present Value of Annuity  

C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\  

C 102,240

time 5

rate 0.08

102240 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\  

PV $408,214.6742  

PV of residual value:

PRESENT VALUE OF LUMP SUM  

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  18,000.00

time   5.00  

rate  0.08

\frac{18000}{(1 + 0.08)^{5} } = PV  

PV   12,250.50  

Net present value:

- 680,000 -408,214.67 + 12,250.50 = 1,075,964.17

4 0
2 years ago
For Standing Bear Company, sales revenue is $200,000, sales returns and allowances are $5,000, sales discounts are $3,000, and c
polet [3.4K]

The net sales of the given set of data is:

  • $72,000

<h3>What is Net Sales?</h3>

This refers to the addition of a company's gross sales minus the expenses which includes returns, allowances, etc.

The Gross Sales:

Sales revenue: $200,000

Cost of goods sold: $120,000

Total = $200,000 - $120,000

=$80,000

Expenses:

Sales allowances and discounts: $5,000

Sales discounts: $3,000

Total= $5,000 + $3,000

= $8,000

Therefore, net sales = Gross Sales – Returns – Allowances – Discounts

$80,000- $8,000

=$72,000

Read more about net sales here:

brainly.com/question/2934960

6 0
1 year ago
Other questions:
  • What term is used to describe the process of restricting access to certain material on the web?
    10·1 answer
  • Best Bagels, Inc. (BB) currently has zero debt. Its earnings before interest and taxes (EBIT) are $100,000, and it is a zero gro
    13·1 answer
  • A project's payback period is the ______. estimated length of the capital investment project from the initial cash outflow to th
    10·1 answer
  • Please match each description with the appropriate approach to federal finance. Policymakers should reduce spending and increase
    7·1 answer
  • Suppose the government increases taxes by ​$11110 billion and the marginal propensity to consume is 0.990. By how will equilibri
    13·1 answer
  • Frank is lending $1,000 to Sarah for two years. Frank and Sarah agree that Frank should earn a 2 percent real return per year. I
    7·1 answer
  • Enter the following transactions in the cash book of Sudhir &amp; sons
    15·1 answer
  • If five different errands are allocated to five time slots, 12-1pm,1-2pm,2-3pm,3-4pm and 4-5pm, how many distinct schedules are
    14·1 answer
  • Were all loan proceeds used to purchase, build, or improve the home secured by this loan?.
    14·1 answer
  • 6. Respond to the following prompts about the goals and effects of government spending on the
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!