Answer:
Increase; increase.
Explanation:
Inflation can be defined as the persistent rise in the price of goods and services in an economy.
A low home inflation rate relative to other countries would increase the home country's current account balance, other things being equal. Low growth in the home income level relative to other countries would increase the home country's current account balance, other things being equal. A country's current account balance is a statement of the value of its exports and imports of goods and services at a specific period of time.
<em>Hence, when the level of inflation is low in a particular country; their current account balance would be high. However, when the level of inflation is high it results in low growth and as such increases the home country's current account balance, other things being equal. </em>
Answer:
Option B. Providing support and incentives for their employees.
Explanation:
The reason is that if we want to deliver pizza on due time then we will add a right to benefit by $1 for the pizza delivery boy. This will help the company to achieve the target of lower complains from the rude and unreasonable consumers. So the in reality incur additional cost to satisfy these customers needs and this additional costs are mostly paid to employees to deliver the required services by the consumer. So the right option is Option B.
The stages of the Total Quality Management are:
1. Commitment and understanding from employees:
All the employees that work in the organization are supposed to have an understanding of the TQM policies that makes them a part of the company. They should know the goals and they should be willing to work towards the success of the business.
2. Quality improvement in culture:
The culture in the organization should be a modern one in the sense that it would encourage feedback from the employees. The employees should be listened to and their ideas should be bought.
3. Continuous Improvement:
The TQM is continuous , there has to be continuous and constant improvement in policies and procedures at the management level. Research is also very important
4. Customer requirement:
The customers always require top notch service from the business. It is very important to focus on the needs of the customers. Good customer relationship is needed for survival.
5. Effective control:
There should be evaluations of the business to check performance and also to document progress.
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Answer:
B) retail advertising promoting a sale or special event.
Explanation:
As a concept, sales orientation refers to simply focus on selling the largest amount of goods or services without regarding any customers' needs or wants. This was the main marketing trend during the early 20th century.
The most common way of achieving sales oriented objectives is by carrying out sales oriented pricing objectives which means selling your products at a low price that can boost sales volume. This is exactly what most promotions and special sales events do, i.e. for a limited amount of time the price of the goods or services is reduced in order to boost sales volume.
Answer:
$ 3,115,000
Explanation:
Calculation for Kew Company’s cash receipts from sales in 2017
Beginning accounts receivable balance $ 400,000
Add Total credit sales $ 3,000,000
Total accounts receivable $ 3,400,000
Less: Ending accounts receivable balance $ 485,000
Cash received from receivables $ 2,915,000
Add Cash sales 200,000
Cash receipts from sales $ 3,115,000
Therefore Kew Company’s cash receipts from sales in 2017 will be $ 3,115,000
