A service company does not have any inventory held for sale, while a merchandising company does have merchandise for sale.
<h3>What is a service company?</h3>
This is the term that is used to refer to the type of business that is known for the services that they provide in a given economy instead of the provision of physical goods for the consumers that are in the economy.
Hence we can say that A service company does not have any inventory held for sale, while a merchandising company does have merchandise for sale.
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Yes, email would be a good choice of telling an employee that his/her sales have not been good.
As just sending a simple email is easy, fast and efficient and it gets the word to that employee as quick as possible
Answer: B) where resources are exchanged
Explanation:
The factors market is a very important market as this is where producers buy and sell resources needed for the production of goods and services. These resources include land, capital, labor and raw materials.
The market where crude oil is sold for instance is a factor market. Crude oil is a raw material that is converted into gasoline amongst other fuel related products.
Answer:
Purchasing power parity methods
Explanation:
Purchasing power parity (PPP) method compares the productivity and the standards of living between countries by using the 'basket of goods approach'. The basket approach implies a determination of the quantity of money needed to purchase a common unit(basket) of goods and services in different countries. Two countries will be said to be at par if a 'basket of goods' costs the same considering the exchange rates.
Cost of living and the inflation rate in a country determine the purchasing power of its currency. Purchasing power parity attempts to equalize different currencies by considering inflation and purchasing power in each country.
