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dusya [7]
3 years ago
8

You would be making a wise decision if you chose to:________.

Business
2 answers:
Korolek [52]3 years ago
7 0

Answer:

c. accept the loan with the lower effective annual rate rather than the loan with the lower annual percentage rate.

Explanation:

In the above scenario it will be a good financial decision to choose a loan with lower effective rate than the one with lower percentage rate.

Effective rate is defined as the real interest rate on a loan or the actual amount that is to be repaid annually on a loan. It gives a truer picture of cost of borrowing money.

Percentage rate is interest paid on a loan expressed as a percentage of the total amount collected. It usually includes various fees and charges collected by the lender. So it is not a true reflection of the cost of borrowing

AlekseyPX3 years ago
5 0

Answer:

c. accept the loan with the lower effective annual rate rather than the loan with the lower annual percentage rate.

Explanation:

The effective annual rate is the actual rate of interest that you will have to paid on the loan. The effective annual rate takes into account the compounding interest over the loan's period of time.

An annual percentage rate can be either nominal (without taking compounding into account), or effective. For this reason, to make sure that you are making the most rational decision, you should take the loan with the lower effective annual rate, because the lower annual percentage rate may be either nominal or effective.

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Managers should set business goals before setting L&D goals.

A learning and development (L&D) strategy is a tool used by companies and organizations to train their staff according to business objectives. This strategy is characterized by:

  • Constantly train staff.
  • Continuous improvement is implemented in all departments of the organization.

To effectively implement a Learning and development plan, the company must perform the following steps:

1. Establish business objectives for each of the departments.

2. Formally implement the learning and development (L&D) strategy.

3. Integrate training that motivates and meets the needs of the staff.

According to the above, before establishing the objectives of the learning and development (L&D) strategy, the organization must establish business objectives.

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5 0
2 years ago
(q008) the influx of cheap goods from what country accelerated the loss of manufacturing jobs in the united states during the gr
USPshnik [31]

The influx of cheap goods from <u>Europe</u> accelerated the loss of manufacturing jobs in the united states during the great recession.

<h2>What caused the great recession?</h2>

The Great Recession referred to period of general decline such as recession that was observed in national economies globally that occurred between 2007 and 2009.

The causes of Great Recession included combination of vulnerabilities that developed in the financial system along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012.

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8 0
1 year ago
The main focus behind why Equal Exchange is in business is to help out the small farmers and be fair to their needs. This is exe
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Answer:

A) Product Market Stakeholders

Explanation:

Product Market Shareholders are the parties who the firm "Equal Exchange" shares its industry with including customers and suppliers

Equal Exchange's target group are customers and suppliers most importantly.

4 0
3 years ago
List and describe the six major price zones into which women's apparel is divided. what are the major factors contributing to th
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3 years ago
Explain five reasons some areas have high population density and give example of those areas​
Naddik [55]

Answer:

The following are the major reasons the high density of the population in any place.

Availability of water.

Industrialisation.

Employment potential.

Infrastructure facilities like housing, roads, proper transport facilities, health and education, communication facilities etc.

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2 years ago
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