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Gelneren [198K]
3 years ago
15

Maria wants to start a restaurant of her own. as she does not have any savings, she approaches her bank for money and enters an

agreement with the bank. according to the agreement, the bank agrees to lend her $5000 upon request provided it has sufficient funds to loan the amount. in this scenario, the type of funding obtained by maria can be regarded as a _____.
Business
1 answer:
Art [367]3 years ago
8 0

Answer:

Line of credit

Explanation:

Line of credit ( LOC )-

It is the monetary value , which the bank or any credit union agrees to lend , with a predefined limit , from which the person can use the amount and then the interest is paid for the amount the person has borrowed , is known as line of credit .

In the case of LOC , a maximum limit , the interest rate and the time to repay back the amount with some minimum payments is defined beforehand .  

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Floyd owns a chain of diners. He prefers to recruit employees from different ethnic and cultural backgrounds. When he hires new
rewona [7]

Answer:

awareness training

Explanation:

Based on the scenario being described within the question it can be said that in this situation Floyd is using awareness training on his new employees. This type of training focuses on developing specific skills, knowledge and attitudes regarding their own cultural identity as well as the cultural identities of all those around them, and how they can relate to one another.

6 0
3 years ago
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Hot Shot Delivery Inc. provides the following year end data:
saw5 [17]

Answer:

27.3%

Explanation:

rate of retun on assets:

\frac{Income}{Assets} = $Assets rate of return

​where:

Net income:              112,000

2018 Assets:           410,000

\frac{112,000}{410,000} = $Assets rate of return

$Assets rate of return 0.2731707317073171‬ = 27.32%

During 2018 each dollar of assets generate 27.32 cents of income.

3 0
3 years ago
To do a thorough environmental scan, a marketer must consider both current and potential ________ in designing a marketing strat
inn [45]

To do a thorough environmental scan, a marketer must consider both current and potential Competitors in designing a marketing strategy.

What is a Environmental scan?

  • Environmental scanning is the examination of outside sources to find elements that affect a firm. Finding and consulting sources outside of the company is the key objective. Despite the fact that these sources cannot be controlled from the standpoint of the business, it is crucial to take them into account when making decisions.
  • SWOT analysis is one well-liked technique for scanning the environment. Strengths, Weaknesses, Opportunities, and Threats are each represented by a letter, and each should be examined. The company's internal factors make up the company's strengths and possibilities, while external variables make up the company's weaknesses and dangers.
  • Companies want the environmental scans they invest time and resources in to produce the most thorough results possible.

To know more about Environmental scan visit:

brainly.com/question/14115531

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8 0
2 years ago
Listening is often as important as speaking in a business conversation
yuradex [85]
Trueeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
7 0
3 years ago
Why might alexandria choose a local movie theater when she could see the same movies for less at a corporate establishment? gett
Crazy boy [7]
<span>Why might Alexandria choose a local movie theater when she could see the same movies for less at a corporate establishment? She prefers to support local business, even at an added cost. Not only does Alexandria want to support a local business, they are typically more friendly and thankful you are there supporting them against a corporate establishment. Due to being commonly, family owned, their expenses to survive are higher than those in the corporate world which reflects the increase in pricing for consumers. </span>
6 0
3 years ago
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