Answer:
Consumer
Explanation:
A consumer market is simply defined as all the individuals and households who gets or purchase and acquire goods and services.
A Consumer is simply an individual who see, knows or is able to identifies a need or desire, thereafter buy the product and then disposes of the product during the three stages of the consumption process.
The correct answer is A.
In a corporation the shareholders are the owners. They are required to release the financial reports because they are entitled to transparency and need them in order to base their investment decisions on their contents.
Answer:
False
Explanation:
Rule of thumb is generally an important factor in the decision-making process and they are made to mitigate the chances of errors. In decision making, there are various aspects which are involved and every time a decision is made circumstances are different. That is why the rule of thumb doesn't work always. So, the above statement is false, the rule of thumb can lead to severe errors in the decision-making process.
Answer:
The appropriate technique to be applied is future value of annuity. The correct answer is B.
Explanation:
Since the deposit will be made at the end of each year and there is need to determine the worth of the fund on retirement, the appropriate technique to employ is future value of annuity.
