To get the maximum benefits and the compounding effect ion the savings the savings are to be started as soon as possible to gain the highest savings benefit.
<h3>What is compound?</h3>
Compound is a way of calculating and increasing the savings, in compound method the interest rate is applied on the complete amount available at a certain time in the account, as compared to normal interest which is applied to only principal amount.
The interest or the benefit earned in a compound is greater as compared to a normal interest. In compounding the benefit is that the interest earned in the past years also earn interest and so there is a great benefit when the savings are matured for a good time.
Therefore it is highly recommended that the savings must be started while you are still young, so that the future benefits can be greater.
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Answer:
Operations management
Explanation:
Operations management is the term which is defined as the administration of the practices of the business in order to create the highest level of the efficiency which is possible within the business.
It is related to the converting of the raw materials and labor into the services and the goods for the business.
Therefore, the operations management is the one which dealt with the set of the activities which relate to the creation of the goods and the services by the transformation of the inputs to output.
Answer: I would buy the bike helmet.
Explanation:
The bike helmet is needed, but the CD is only wanted. Therefore, it would be smarter to buy the bike helmet and invest in buying the CD later.
Answer:
business to consumer marketing
Explanation:
In simple words, Business-to - Consumer Marketing, or B2C Marketing, refers to the methods and strategies using which a company promotes its products and services to individuals: the creation, advertising and sale of products for use by customers in their everyday lives.
There are many differences between B2C and B2B marketing. Some of the most important distinctions include the procurement and sales process, the decision-makers involved and the cost of purchases.