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3 years ago

Clarence is visiting his friends in Germany. Which currency will he use to pay for souvenirs?

2 answers:

7 0

If Clarence is visiting his friends in Germany, he will use euros to pay any souvenirs he buys. Other places that uses euros are Greece, Austria, Finland, and Spain.

Lynna [10]3 years ago

3 0

Answer:

euros

Explanation:

In Germany and in the countries that are part of the European Union the currency in circulation is the euro. Until 2002, the framework for transactions in Germany was used, however, the euro became the currency in the country after the adoption of the single currency by members of the European Union who are part of the euro area. Therefore, Clarence will have me pay the souvenirs with euro.

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At Eady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for July sho

rjkz [21]

Answer:

See below

Explanation:

$10,370 - $340 = $10,030

6 0

2 years ago

In many large U.S. cities, taxicab companies operate as near monopolies because of_____.

Naya [18.7K]

Answer: Option (b) is correct.

Explanation:

Correct Option: Licenses

In United States, there is a licensing system which prohibits the number of taxicabs allowed. So, there are less number of taxicabs companies operates in most of the united states cities.

There is a advantage for the taxicabs companies for using the monopoly power.

Whereas, some of the cities of U.S use 'taxi medallions" as the permits for picking up the passengers.

4 0

3 years ago

Anthony Finley wishes to become a millionaire. His money market fund has a balance of $287,270 and has a guaranteed interest rat

mrs_skeptik [129]

Answer:

15 years

Explanation:

The target accumulated future amount is the future value of the initial investment(present value), hence, using the future value formula provided below we can determine the investment time horizon in years required to accumulate the target amount:

FV=PV*(1+r)^n

FV=$1,200,000

PV=$287,270

r=10%

n=investment period in years=unknown

$1,200,000=$287,270*(1+10%)^n

$1,200,000/$287,270=(1+10%)^n

$1,200,000/$287,270=(1.10)^n

take log of both sides

ln($1,200,000/$287,270)=n ln(1.10)

n=ln($1,200,000/$287,270)/ln(1.10)

n=15.00years

4 0

2 years ago

What is a marketing plan and why is it a company's a most important document? What basic elements should be included in a top-do

bonufazy [111]

Answer:

Explanation:

A marketing plan refers to the comprehensive document that outlines a company's overall marketing effort. It is a blueprint that outlines how a company will implement its marketing strategy, and how the company will utilize a combination of resources in order to achieve its business objectives. It is a company's a most important document because:

It contains specific goals and objectives and outlines the precise strategies to be used in achieving them.

It rallies the company's forces and resources for the marketing battlefield and therefore, dictates the role of Integrated Marketing Communications (IMC) in the marketing mix.

A marketing plan should always have the following:

A situation analysis: normally this will include a market analysis, a SWOT analysis and a competitive analysis.

Marketing strategy
Sales forecast
Expense budget.

Small companies can use bottom-up marketing to become big companies by creating an ingenious tactic they can use and building a strategy around it.

The elements of an advertising plan and an IMC strategy:

The IMC strategy will be determined by how the marketer makes use of the creative mix.

The creative mix is composed of:

The target audience
Product concept
Communications media, and
The message.

The best method of allocating funds for a real estate development is the sales percentage, market share, objective task, empirical research

The type of companies that tend to use the percentage of sales method are companies that want to use a method that will cost them nothing and will provide a greater chance of success for future sales.

4 0

2 years ago

According to Victor Vroom, which of the following is not considered a factor that influences motivation?

Gre4nikov [31]

Answer:

A, independence

Explanation:

Motivation can be defined as the stimulation of individuals to achieve a certain goal.

It can also be said to be the a force that drives the wants, needs, etc of an individual. Motivation have various influencing factors as well as several modes.

Factors that influences motivation include; valence, instrumentality, expectancy, etc.

Modes of motivation include; intrinsic, extrinsic, introjected and identified motivation.

From the above question, independence isn't a factor that influences motivation. This is because independence, according to the dictionary, can be said to be a state of freedom from something.

Freedom does not motivate a person to achieve anything as there will be no pressure or driving force or even an individual to encourage. This makes goals impossible to difficult to achieve.

Cheers.

7 0

3 years ago