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3 years ago

Price serves the function of _____ for goods, services, and financial resources.

1 answer:

7 0

Allocator- Price thus serves the function of allocator. First, it allocates goods and services among those who are willing and able to buy them. (As we noted in Chapter 1, the answer to the economic question “For whom to produce?” depends primarily on prices.) Second, price allocates financial resources (sales revenue) among producers according to how well they satisfy customers’ needs. Third, price helps customers to allocate their own financial resources among various want-satisfying products.

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MEMORANDUM TO: Human Resources Director FROM: Mark Taylor, Department Head SUBJECT: Promotions of Margaret Adams and Beth Taylor

emmasim [6.3K]

In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.

<h3>What is promotion in an office?</h3>

The act of getting promoted is one that connote that a person have step into a leadership position.

Note that the more people, that person will have to be responsible for, and also more jobs goes with it and it is vital that your communication skills will be sharpened.

Note that since promotion will require more time which both individuals are not willing to give, so therefore, In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.

Learn more about Promotion from

brainly.com/question/11131986

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2 years ago

Which market structure would a company with high start-up costs and ongoing expensive advertising and promotional campaigns most

STALIN [3.7K]

The answer would be a monopoly

7 0

3 years ago

Read 2 more answers

"Markets are not always perfectly competitive and some firms consistently outperform industry averages. This suggests that firm

Mekhanik [1.2K]

Answer:

Effectiveness, Efficiency in management to achieve organisation goals/ objectives - survival, profit & growth : can make some firms consistently outperform industry averages

Explanation:

Effective & Efficient Management , keen to make organisation achieve its short term & long term goals : can make firm(s) outperform industry average.

Management is the art of getting things done with the aim of achieving organisation goals/ objectives . Organisational objective include : Survival , Profit (market standing) & Growth (innovation) . Effectiveness (getting things done on time) & efficiency (getting best output out of least input) are core aspects of organisation goals achievement.

Good management is very crucial to an organisation's successful performance. It can make organisation achieve right targets at the right time in the right manner. This correct coordination of activities, time & manner can make an organisation realise its potential to the fullest & outshine in its industry.

3 0

3 years ago

Which career is likely to earn the highest salary?

kogti [31]

Answer:

b.) Dentist

Explanation:

Hope it helps!

6 0

2 years ago

A corporation issued $580000, 10%, 5-year bonds on January 1, 2020 for $626400, which reflects an effective-interest rate of 7%.

ioda

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

For Jan.1,2020 value = $626,400

Interest rate = 7%

So, we can calculate the amount of bond interest expense by using following formula:

Interest Expense = Carrying Value × Market Interest Rate

By putting the value of following

Interest expense = $626,400 × 7%

= $626,400 × 0.07

= $43,838

Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.

7 0

3 years ago