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Business

1 answer:

valkas [14]3 years ago

6 0

1. Unions have been in decline since the 1960s because of

Answer: A. foreign competition.

Explanation: Unions were often conducted in the past in order to protect workers from "arbitrary decisions" of employers. Such decisions resulted to the laying off of workers and cutting of wages. On the contrary, business owners have a different goal. They wanted to make more profit by cutting the wages, so they didn't like the unions. However, unions have been in decline in the 1960s, mainly because of international/foreign competitions. This is because the "bargaining power of the unions as they represent the employees were reduced."

2. When a bank evaluates a person for a loan, what does the word "capacity" refer to?

Answer: C. The ability to make payments on time.

Explanation: A bank evaluates a person for a loan according to his "capability to pay" the loaned amount. It is not according to his willingness to pay, but to his "ability to return the money." In order to know whether a person is capable of repaying the money on time, the bank analyzes the borrower's gross income and his debt.

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Marian Company reported the following items for the month of July: Sales revenue $ 473 comma 300 Cost of goods sold $ 300 comma

NARA [144]

Answer:

4.33.

Explanation:

Inventory turnover is a ratio that tells us the number of times a company sells and replaces its inventory. It is calculated by taking Cost of Goods Sold for a period and dividing it by Average Inventory [(Opening + Ending) / 2].

⇒ 300,000 / [(64,400 + 74,200) / 2] = 300,000 / 69,300 = 4.33.

It means that Marian Company sold its inventory 4.33 times during the Year.

3 0

3 years ago

Gross private domestic investment includes business: a. purchases of capital goods, all new construction, and inventory investme

olganol [36]

Answer:

a. purchases of capital goods, all new residental constructionand inventory investment

Explanation:

It is the investment measure used for determining the GDP. It is an important part of GDP as it is used as an indicator for the productive capacity i.e. future. It involves the purchase i.e. replacement, net addition made to the capital assets, and the investment made in inventories

So according to this, the option a is considered as it involved all three thins that are shown above

5 0

3 years ago

A ______ exists when there is a substantial difference between an expected condition and the actual condition.

KiRa [710]

The answer to this question is a problem.

Problem is a situation that everybody encounters that is needed for a solution or a specific result. Problems cannot be ignored or avoided, a person should should know how to solve it and deal with the problem once it hits you. In order to deal with problems, a person should always focus on the outcome and the possible solution to it.

5 0

3 years ago

Why does the “rfm” rubric present the three key measures (recency, frequency, and monetary value) in that order?

snow_lady [41]

The order of the attributes in RFM conforms to the order of their importance in ranking customers. Recency is the most important factor. Recency alone won’t sort out your good customers from your new ones. You need frequency for that. Frequency measures the intensity of a customer’s relationship with your business. How much a customer spends on average or in total is the final measure of his or her monetary value.

5 0

3 years ago

Why do marketers want to see and understand demand curves?

Bad White [126]

The demand curve is based on the price of an item and the amount that people are willing to pay for it. Marketers want to see this, because it helps them figure out how to advertise to the public and what the public wants. This can be useful in pricing items so that they are lower than that of the competitors.

7 0

3 years ago