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3 years ago

Difference between money paid to and money received from other nations in trade is called balance of trade.

Business

2 answers:

goldfiish [28.3K]3 years ago

8 0

Answer:

false

Explanation:

aleksley [76]3 years ago

6 0

Answer:

False

Explanation:

This is a definition of Balance of Payment hence making this statement false. This is commonly confused since they almost sound the same. Here's the difference; Balance of payment is for recording all economic transactions of a country with other countries like inflow and outflow of foreign exchange, so basically money. Balance of trade on the other hand is the difference in the value of a country's imports and exports.

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Classifying Cash Flows Identify the type of cash flow activity for each of the following events (operating, investing, or financ

Sphinxa [80]

Answer:

Cash Flow activities for each event are:

a. Redeemed bonds (Financing activity)

b. Issued preferred stock (Financing activity)

c. Paid cash dividends (Financing activity)

d. Net income (Operating activity)

e. Sold equipment (Investing activity)

f. Purchased treasury stock (Financing activity)

g. Purchased patents (Investing activity)

h. Purchased buildings (Investing activity)

i. Sold long-term investments (Investing activity)

j. Issued bonds (Financing activity)

k. Issued common stock (Financing activity)

-Operating activities entails cash activities related to net income.

-Investing activities encompasses cash activities related to non-current assets.

-Financing activities include cash activities related to owners' equity and non-current liabilities

7 0

3 years ago

The intent of corporate advertising is to make sure that all of a company's products are seen in a common, positive manner. True

evablogger [386]

Answer:

False since the intent of corporate advertising is usually done to ensure that the perception of the company's image is positive.

Explanation:

Corporate advertising is usually done to ensure that the perception of the company's image is positive. The products under the corporation is not a priority in this case, rather its is the company as a whole that needs to be viewed in good light.

This kind of advertising forms part of the public relations techniques used by the company or institution to improve its public image. There are so many companies with different brands under them that utilize this advertising technique to improve their standing in the public eye. It is a way of making the company itself to be a brand by advertising the company as a package.

These companies always want to prove that they care more about the public than they care for the products, in this way they create the perception that the company is primary and anything else is secondary.

Cooperate advertising is majorly used in companies whose business activities have a negative effect to the public. Cooperation that engage in mining activities or activities that affect the environment are likely to utilize this form of advertising.

6 0

3 years ago

A company should develop its marketing strategy and then determine the wants and needs of its customers.

Andrew [12]

Answer:

True

Explanation:

This is true as by doing this you will be able to understand what is in demand in order to gain loyal customers for the business' growth and fill a gap in the market industry.

3 0

3 years ago

KST Mart has large amounts of customer data. To understand customer purchase behavior, the company uses a process that automatic

Anton [14]

Answer:

B) data mining

Explanation:

Data Mining refers to the process of discovering patterns in large data sets using techniques like machine learning, statistics or database systems. The company uses this process to turn raw data into useful information for marketing , sales or cost management.

7 0

3 years ago

Departmentalization by location allows an organization to readily respond to the unique demands of each geographic area. True Fa

lidiya [134]

It is true that departmentalization by location allows an organization to readily respond to the unique demands of each geographical area.

The departmentalization by location is a strategy that organizations use to maintain departments in different locations where they operate, in order to deal more closely with the company's activities and needs.

This is a positive strategy that can speed up decision making, as each geographic area has different needs that must be addressed differently from the other.

So the statement is true and some of the advantages of departmentalization by location is improved communication, better allocation of employees and greater product promotion.

Learn more about departmentalization here:

brainly.com/question/6229273

6 0

3 years ago