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Anestetic [448]
4 years ago
10

Which action should be the first step in dealing with a problem concerning a product or service you purchased? writing a letter

of complaint making a phone call or going back to the store contacting your state s attorney general calling a consumer advocate group
Business
2 answers:
andrezito [222]4 years ago
5 0

the correct answer is B

KatRina [158]4 years ago
3 0
The first thing you need to do when you encounter a product or service you purchased is to make a phone call or go back to the store where you bought the product or service. This way immediate attention will be given to your concern. 

If there is a delay in the resolution of your product or service defect, it is better to write a letter of complaint after making a phone call. This is to ensure that your complaint is properly documented. 



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its A

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Companies who hire lobbyists to influence legislation affecting their industries are said to be taking __________ action to affe
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Companies who hire lobbyists to influence legislation affecting their industries are said to be taking AGGRESSIVE action to affect the publics and forces in their marketing environment.

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  • The internal and external environments of the company make up the marketing environment. While the firm has some control over the internal environment, it has little to no influence over the external environment.
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6 0
2 years ago
A bank receives a demand deposit of $10,000. The bank is now in a position to extend additional loans of $8,000. What is the leg
ANEK [815]

If the bank is now in a position to extend additional loans of $8,000. The legal reserve requirement is: 20 percent.

<h3>Legal reserve requirement</h3>

Using this formula

Legal reserve requirement=( Demand deposit -Additional loans/Demand deposit

Let plug in the formula

legal reserve requirement=($10,000-$8,000)/$10,000

Legal reserve requirement=$2,000/$10,000×100

legal reserve requirement=20%

Therefore the legal reserve requirement is: 20 percent.

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2 years ago
Greater resource prices _______ the costs of production, thereby, ______ the incentive for firms to produce the good at each pri
RoseWind [281]

Greater resource prices increases the costs of production, thereby,  reducing  the incentive for firms to produce the good at each price.
The total cost incurred by a business to produce a product or provide services is referred to as the cost of production. Supplies and raw materials consumed during production, as well as labour costs, are often included in production costs.

Costs of Production

All of the direct and indirect expenses firms incur when producing a good or rendering a service are referred to as production costs. Various expenditures, including labour, raw materials, consumable manufacturing supplies, and general overhead, might be included in production costs. When a company produces a good or offers a service, it incurs production expenses, which are sometimes referred to as product costs. Numerous expenses are included in these costs. For instance, manufacturing expenses for manufacturers include the cost of the labour and raw materials required to make the product. Production expenses in the service sector are related to the labour needed to implement the service and any material costs associated with providing the service.

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3 0
2 years ago
You can buy property today for $3 million and sell it in 5 years for $4 million. (you earn no rental income on the property.)
Luden [163]

a. Rate of interest : 8%

Today’s Price = $3,000,000

Price after 5 years = $4,000,000

Present Value of price after 5 years = $4,000,000 / (1+0.08)^5

= $2,722,333.88

b. The property is not worth investing, since investing in the land is $3,000,000 while it can be sold today as $2,722,333, thus not a profitable investment as it will incur a loss of $277,667 ($3,000,000 - $4,000,000).

c. Present value of rent of 5 Years = $200,000*PVIFA(8%,5)

= $200,000*3.99999

= $798,542.01

d. NET PRESENT VALUE OF INVESTMENT = PRESENT VALUE OF FUTURE CASH FLOWS – INITIAL INVESEMTENT

NET PRESENT VALUE = $2,722,333.88 + $798,542.01 - $3,000,000

NET PRESENT VALUE = $520,874.80

Since the Net Present value is positive, it is worth investing in the land.

4 0
4 years ago
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