Answer: The presence of a financial intermediary would reduce the information costs that may have prevented the southerners from lending directly to the northerners in the past. This would promote economic growth.
Explanation: Information is key in modern societies.
Answer:
A decrease in the interest rate would increase the present value of a lump sum.
Explanation:
Higher interest rate represents higher expected rate of return. Higher interest rate would lead to a greater future value if a sum of money is invested. Conversely the present value will be lower at high interest rate since the discounting rate would be higher.
Similarly, if the interest rates fall, the future value of an invested amount will fall. But present value of a lump sum would rise with fall in the interest rates since the discounting rate would be less.
Future Value =
Present Value =
Hence, a decrease in the interest rate would increase the present value of a lump sum with others variables remaining the same.
<u>What are some examples of Employees who represent two careers from the Arts, AV Technology & Communication Cluster:</u>
- Broadcast Technician
- Soundboard Operator
- Equipment operator
- Actor
- Graphic Designer
- Interior Designer
<em>I attached a diagram that I found with more examples</em>
<em />
Hope that helps!
Answer: A.
the assignment of a single salesperson to a single customer throughout the entire sales process when suppliers and sellers combine their expertise and resources to create customized solutions
Explanation:
Relationship selling refers to the sales technique that focuses on the interaction between the buyer and the salesperson rather than the price or details of the product.
A human interaction, where the salesperson generally cares about connecting with their customer or buyer. By caring about building relationships with potential customers and taking an interest in their world, it can significantly improve the odds of securing a sale and retaining that customer for the long-term.
Answer:
d
Explanation:
Indirect costs are costs of production that cannot be directly linked to a unit, activity or product.
Indirect manufacturing costs are cost of production that cannot be directly linked to a good that is produced.
Examples of indirect manufacturing cost include :
- Indirect Materials
- utility
- machine maintenance
- Real estate taxes on the factory
- Depreciation
- Salary of production floor manager