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jeyben [28]
3 years ago
14

72% of millennials have between 0$ and $9,999 saved for their retirement so far. Why is this a potential problem?

Business
1 answer:
katrin [286]3 years ago
6 0

Potential problem analysis is a method where it determines that the problem that can occur in a plan during development.

Explanation:

The potential problem causes can be rated accordingly such as nature of the occurrence of the problem , their consequences, the actions for prevention that can be taken, contingency plans that are being developed.

Millennial have to save more money for retirement otherwise they will go below the poverty line due to inflation. There are many millennial who invest unwisely without knowing the proper return on investment . According to Greg McBride , the chief analyst of the Bankrate.com said that the millennial are going to have big burden in savings after retirement.

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What is the foundation for the marketing plan?
malfutka [58]

Answer:

Market analysis

Explanation:

Market analysis is the foundation of the marketing plan. Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast.

8 0
3 years ago
Rent collected in advance is: Multiple Choice A shareholders' equity account in the balance sheet. A temporary account, not in t
gulaghasi [49]

Answer:

A liability account in the balance sheet.

Explanation:

When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;

Debit Cash account

Credit Unearned/Deferred rental revenue

The cash account is an asset while the Unearned/Deferred rental revenue is a liability account.

As such, the collection of rent in advance is A liability account in the balance sheet.

3 0
3 years ago
A major state university in the South recently raised tuition by 12%. An economics professor at this university asked his studen
Nady [450]

Answer:

Highly inelastic

Explanation:

Price elasticity of demand is a measure of the demand of a given service or commodity by utilizing it's price change. It can be calculated using the formula;

Price elasticity of demand=%change in quantity demanded/%change in price

%change in quantity demanded=((Final demand-Initial demand)/Initial demand)×100

((299-300)/300)×100=-0.33%

%change in price=12%

12%>0.33%

The change in price is larger than the change in demand, therefor the product is highly inelastic

3 0
3 years ago
Obenve one urgent social problem in your Community & conceptualise cocial Enterprise that can can solve the problem and make
atroni [7]

Correct question is-

Observe one urgent social problem in your Community & conceptualize social Enterprise that can can solve the problem and make at the same time.​

<u> What Is a Social Problem?</u>

A social problem is any condition or conduct that has negative consequences for large numbers of human beings and that is generally recognized as a condition or behavior that wishes to be addressed. This definition has both an objective component and a subjective thing.

<u>A current example is climate change: </u>

Although the overwhelming majority of climate scientists say that weather change (adjustments within the earth’s weather because of the accumulation of greenhouse gases inside the ecosystem) is actual and extreme, fewer than two-thirds of American citizens (64 percent) in a 2011 poll said they “think that global warming is occurring”

<u>Remedy of social problem-</u>

  • Reduce, Reuse, Recycle.
  • Reduce Waste.
  • Upcycle your Furniture.
  • Recycle your Clothes.
  • Bring your own Shopping Bags
  • Replace Regular Incandescent Light Bulb.
  • Buy Energy-Efficient Appliances.
  • Turn Off the Lights.

Learn more about social problem brainly.com/question/18501838

#SPJ9

8 0
2 years ago
How does money encourage specialization?
svlad2 [7]

Hi I think it might be the second option: <u>You can specialize in mechanics and still be able to feed your family without growing your own food.</u> I say this because the key word specialization used in the question and specialize.

Honestly taking a test with this same question at the moment and i am just taking a wild guess here. Im sorry if i got it wrong but good luck.

8 0
3 years ago
Read 2 more answers
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