Answer:
The answer is: People variable
Explanation:
In a traditional 4 Ps marketing mix (price, product, place & promotion), customer services is not dealt with appropriately. A more modern approach, called the 7 Ps of Service Marketing adds the process, people and physical evidence variables.
People variable refers to the task individuals perform to support the product. They include service providers, customer service, marketers, etc.
This more modern approach (proposed in 1981) is mostly used for selling services, but has gained importance with more modern and technical products.
Answer:
Single-layer taxation
Explanation:
Limited liability companies and S corporations are able to pass through their income as the owner's income. "LLC and S corporations" are entities, unlike the C corporation.
Pass-through entities have a taxation advantage over non- pass-through entities. In tax computation, a pass-through entity passes its income or losses as those of its owners; hence the entity will not be subject to income tax. The business profits are treated as income to the owners, who will pay individual tax income. LLC and S corporation have only one layer of taxation.
A C corporation is subject to taxation as an independent entity. The directors have to file corporate tax returns on behalf of the business based on the company profits. The business profits are distributed to the shareholder as dividends. The shareholders have to pay tax on the dividend received as part of their income tax. The shareholders are double-taxed, as the business owners- corporate tax and as individuals - income tax. Double layer taxation.
Answer:
Bank to loan = $8,000
Explanation:
Given:
Amount bank had = $10,000
Reserve requirement = 20%
Find:
Change in money supply
Computation:
Bank to loan = $10,000 (100% - 20%)
Bank to loan = $10,000 (80%)
Bank to loan = $8,000
The truth is that no business is the same and many
micro-businesses can get started for as little as $3,000 or less. These
businesses are often home-based sole proprietorships with low upfront
investments.