Answer:
The correct option is A. The hotel is collecting primary data.
Explanation:
Primary data can be defined as a kind of data that is collected from original resources rather than from articles or past researches. The easiest ways through which primary data can be collected is by surveys, interviews, questionnaires etc.
Based on the results from the primary data, results or conclusions can be drawn. For example, in the above question, the hotel is distributing questionnaires which is a source of primary data. Based on the results from these questionnaires, conclusions will be drawn and decisions will be made to improve the conference facilities and services.
Answer: they saw through their plans
Answer:
1. As the price level rises, the cost of borrowing money will <u>rise</u>, causing the quantity of output demanded to <u>fall</u>.
This phenomenon is known as the <u>Interest rate</u> effect.
When price levels rise, people will have to spend more on goods and services and hence save less. As they save less there'll be less loanable funds in the economy which will force interest rates (cost of borrowing) up. As there are less loans to give out and higher rates, people will borrow less and as a result will not demand as much because they can't afford it.
2. Additionally, as the price level rises, the impact on the domestic interest rate will cause the real value of the dollar to <u>rise</u> in foreign exchange markets. The number of domestic products purchased by foreigners (exports) will therefore <u>fall</u>, and the number of foreign products purchased by domestic consumers and firms (imports) will <u>rise</u>. Net exports will therefore <u>fall</u>, causing the quantity of domestic output demanded to <u>fall</u>. This phenomenon is known as the <u>exchange rate</u> effect.
As interest rates rise in the Economy, it will make the country a more attractive place to invest for foreigners so they will demand more of the local currency. This will cause a rise in the value of the domestic currency. This will make the exports of the country more expensive so less people outside will buy it but it will also make foreign products seem cheaper so the local consumers will import more.
Answer:
Distribution and Logistics
Explanation:
Logistics are the activities of a company related to distributions of its product. It encompasses all efforts of moving goods from the factory to the retailers for sale to the customers. Transport and warehousing are part of logistics.
The distribution and logistics department plans, organize, and manages the movement of products to their intended destination. Nikki is most likely to be in the distribution and logistics career path. She ensures that the supply chain is running efficiently and tracts the movement of products.
