Answer:
Explanation:
the diagram of circular flow, shows the graphical representation of the exchange of goods, services and money between two parties as are families and businesses, where families exchanged money for goods and services and the companies through these monies that they receive to acquire factors of production to provide to the families.
Answer: Promotion
Explanation: Price, product, promotion, research, firm characteristics etc. are the elements that a domestic marketer can control on his or her level.
In the given case, Jennifer is assigned to make the plan for marketing and she wants to start her plan by determining the variables factor. As she has already determined price, product and channels of distribution she is only left with the promotion variable.
Answer:
The revenue for the month of December would be $25,500.
Explanation:
As per the revenue recognition principle, the revenue is recorded as and when the services are rendered or goods are delivered to the customer.
Cash collected for services provided in November: This won't be recorded as revenue in December as the services were rendered in the month of November. Therefore, it belongs to the month of November and not December.
Provided services on account $24,500 (collected $14,000 only): This would be considered as the revenue earned in the month of December.
Received $2,000 on December 1 and services provided evenly in December and January: The services will be provided evenly in both the months. So, the amount will be recorded as service revenue evenly in both the months. Thus, $1,000 would be recorded as revenue for December and remaining $1,00 as revenue for January.
Therefore, the revenue for December would be = $24,500 + $1,000 = $25,500.
Answer:
9.92 %
Explanation:
Year 0 = ($500,000)
Year 1 = $200,000
Year 2 = $160,000
Year 3 = $120,000
Year 4 = $80,000
Year 5 = ($40,000 + $25,000) = $65,000
therefore,
the internal rate of return on the investment after 5 years is 9.92 %
Answer:
Risk avoidance
Explanation:
Risk avoidance is a threat management strategy. The strategy involves making adjustments to the original project plans so that the risk triggering events are eliminated. Although the strategy may not work in all projects, it is the most effective way of preventing risks.
Risk avoidance does not mean abandoning projects that have risks. It entails a deliberate and well-thought approach to reduce vulnerabilities that pose a threat to the project.
