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3 years ago

A situation occurring when the value of a nation’s exports exceeds the value of its imports is called a trade surplus.

Business

2 answers:

zimovet [89]3 years ago

8 0

Answer:

True

Explanation:

A trade surplus refers to a positive balance of trade which means that the exports of the country are higher than the imports. This indicates a favorable situation for the country because the sells of products and services made in the country to the foreign markets have more value than the goods bought in the foreign markets from consumers in the nation. This results in having more control over the currency and reducing the risk of losing its value. Because of this, the statement is true.

Dafna11 [192]3 years ago

6 0

Answer:

hey matthew

Explanation:

Is TRUE.

Trade Surplus. A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports. A trade surplus occurs when the result of the above calculation is positive. A trade surplus represents a net inflow of domestic currency from foreign markets.

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What are two inputs to the solution vision?

Bumek [7]

Customer feedback and Strategic Themes are two inputs to the solution vision.

A high-level architectural plan that addresses present company needs is a solution vision. These requirements include the architectural layer changes. As modifications in architecture are never the intended goal alone, it always has business benefit.

The Vision provides a summary of the developed Solution's potential future state. It reflects the features and capabilities that have been offered to address the needs of customers and stakeholders.

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2 years ago

5. Michael told Greg to sell his collection of vintage heavy metal band t-shirts. He

kiruha [24]

Answer:

The correct answer is Greg. He is the agent.

Explanation:

First of all, the term agent, in business, is understand as the individual that currently manages another person's business affairs and that commonly spend much of his time negotiating contracts for his clients.

Secondly, according to the definition of agent, it is understandable that in this case the agent is Greg due to the fact that he is the one that has to sell the collection, under Michael's orders.

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3 years ago

Worlds of Fun is preparing to open its newest theme park in Shanghai. Once open, the marketing department will be collecting lot

erik [133]

The correct answer would be, Primary Data.

This type of research is described by marketing professionals as the collection of Primary Data.

Explanation:

There are two types of data that is being collected and used for a research. They are as follows:

Primary Data
Secondary Data

Primary data is the data which is collected for the purpose for which the research is being conducted. Secondary data is the data which was collected for some other purpose but can be used in the current research as well.

So when the marketing department will collect a lot of information on what customers want while they are at the park, through surveys and direct questioning, the team of marketing department will basically be collecting the Primary data for their research in which they will come to know about the customer needs and wants directly.

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2 years ago

The expansionary phase of the business cycle is characterized by

Leokris [45]

Answer:

increasing real output and reducing unemployment

Explanation:

The expansionary phase of the cycle is business characterized by the increasing real output and reducing unemployment.

Business cycle refers to that cycle in which there is increase and decrease or fall and rise of output of goods and services.

Business cycle has main four stages expansion ,peak , contraction and trough.

The main cause of business cycle is the forces of supply and demand , expectation of future and it availability of the capability may also cause the business cycle.

Economic cycle is another name of Business cycle . Business cycle plays a crucial rule in the economy as it influence the demand of the consumer.

4 0

2 years ago

Corporation makes one product. July August September October Budgeted unit sales 8,500 9,000 13,900 11,100 - The ending finished

s344n2d4d5 [400]

Answer:

$133,704

Explanation:

The budgeted required production for August is computed as follows:

Budgeted sales in units 9,000

Add desired ending inventory 5,560

(September sales of 13,900 units × 40%

= 5,560 units)

Total needs 14,560

Less beginning inventory 3,600

(August sales of 9,000 units × 40%

= 3,600 units.)

Required production 10,960

The budgeted raw material purchases for August are computed as follows:

Required production in units of finished goods 10,960

Units of raw materials needed per unit of finished goods 6

Units of raw materials needed to meet production(10,960×6) 65,760

Add desired units of ending raw materials inventory 7,688

(76,680 pounds × 10% = 7,668 pounds)

Total units of raw materials needed 73,428

Less units of beginning raw materials inventory 6,526

( 65,760 pounds × 10% = 6,576 pounds)

Units of raw materials to be purchased 66,852

The budgeted cost of raw material purchases for August is computed as follows:

Units of raw materials to be purchased (a)$66,852

Unit cost of raw materials (b)$2.00

Cost of raw materials to be purchased (a) × (b)$133,704

8 0

3 years ago