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MAVERICK [17]
3 years ago
5

Beverly works at a specialty kitchen store. The manufacturer of a brand of gourmet mustard that is sold through her store pays h

er $1.00 for every jar she sells to consumers. What is this called?
Business
1 answer:
Leto [7]3 years ago
5 0

Answer: A spiff

Explanation:

Spiff is actually a form of slang to refer to someone who receives an incentive for selling an item to customers on behalf of a vendor. This motivates the seller to push the vendor's items (sell them) onto its (seller's) customers. The incentive usually comes in the form of a bonus and is paid out immediately.

In this question the gourmet mustard manufacturer is the vendor, and Beverly is the seller. Beverly receives $1 for every jar of mustard she sells, which is the bonus. This motivates her to keep selling these jars on behalf of the manufacturer (vendor). This payment is immediate, as she receives it everytime she sells a jar of mustard.

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A bank loans money at an annual rate of 20 percent. Interest is compounded daily. What is the actual rate the bank is charging?
NeX [460]

Answer:

22.13%

Explanation:

The effective annual rate formula below can be used to determine the actual rate charged by the bank as follows:

Effective annual rate=(1+APR/n)^n-1

APR=20%

n=number of times interest is computed yearly=365

Effective annual rate=(1+20%/365)^365-1

Effective annual rate=1.221335858 -1

Effective annual rate=22.13%

The actual rate of interest on bank loan is 22.13%

8 0
3 years ago
Henry, Bekah, and Marcella are on the five-member Benefits Task Force that is researching options for the new benefits package.
xeze [42]

Answer:

groupthink.

Explanation:

Analyzing the above information, it is correct to state that Henry, Bekah and Marcella are involved in the groupthink heuristic, which occurs when there is a group consensus regarding an idea or motivation, in favor of unanimity, without ever researching and evaluating accurately the decision, as stated in the statement in the question.

Groupthink is a phenomenon that occurs when members give up their individual opinion and agree with some suggestion from other members to avoid conflict and keep the group cohesive. This can be a negative behavior when group cohesion becomes more relevant than an opinion and constructive suggestion for the group's challenges.

4 0
3 years ago
Jan Quint earns $11.00 an hour at her job and is entitled to time-and-a-half for overtime, and double time on holidays. Last wee
Svetllana [295]

Answer:

Hence, $852.50 she earn last week.

Thus, the correct option is d. $852.50

Explanation:

The computation of Jan Quint earn last week is shown below:

1. Regular wages = Normal hours of worked × per hour rate

                        = 40 × $11

                        =$440

2. Overtime wages  :

In overtime, the per hour rate is half along with the normal per hour rate.

So, overtime per hour rate = Per hour rate + overtime per hour rate

                                            = $11 + $11 ÷ 2

                                            = $11 + $5.5

                                            = $16.5

So, overtime wages = Overtime hours  × overtime per hour rate

                                 = 9 × $16.5

                                 = $148.50

3. Holiday wages:

In holiday wages, the per hour rate is twice of normal per hour rate

In mathematically,

Holiday per hour rate = 2 × normal per hour rate

                                    = 2 × $11

                                    = $22

So, holiday wages = Holiday hours  × holiday per hour rate

                                 = 12 × $22

                                 = $264

So, total wages = Normal wages + overtime wages + holiday wages

                          = $440 + $148.50 + 264

                          = $852.50

Hence, $852.50 she earn last week.

Thus, the correct option is d. $852.50

6 0
3 years ago
Elin purchased a used car for ​$. She wrote a check for ​$ as a down payment for the car and financed the ​$ balance. The annual
katrin [286]

Answer:

d. $200.

Explanation:

Note the purchase price is $10,000 while $2,000 was the down payment, the car purchase was financed with $8,000 in loan.

The monthly payment based on a 9% annual percentage rate can be determined using a financial calculator as shown below, bearing in mind that the calculator would be set to its default end mode before making the following inputs:

N=48(number of monthly payments for 4 years that the loan would last)

I/Y=9/12(monthly interest rate which is 9%/12)

PV=-8000(the loan amount)

FV=0(the loan balance after all monthly payments would be zero)

CPT

PMT=$199.08(closest $200)

3 0
3 years ago
To carefully integrate and coordinate the company's many communications channels and produce greater sales impact, some companie
Zielflug [23.3K]

Answer: E - Media Planner

Explanation: Media Planners are tasked with the objective of maximising returns on advertisement and company's promotional activities for an improved sales.

Media planners are responsible for creatively thinking of different marketing strategies to get to their target customers.

They make use of different marketing communications such as radio, television, hand bills, online articles, billboards etc to communicate with their target customers.

8 0
3 years ago
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