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Answer:
The correct answer is the rule persuasion technique.
Explanation:
Real estate agents promoting a new recreational development offer a free breakfast and the opportunity to win a trip to Hawaii for attending a short sales promotion meeting. It would appear they are using the rule persuasion technique.
What happens in this situation is the same, since real estate agents are trying to return the favor to the people who are going to attend their sales promotion meeting.
Answer:
$9,233.
Explanation:
The balance of the loan after the 32th payment can be determined after constructing a loan amortization schedule for this car loan. To construct the amortization schedule, we need to first calculate the monthly instalments (PMT) as this is the missing parameter for our time value of money.
I am using a financial calculator here to calculate the monthly instalment :
PV = $25,000
P/YR = 12
I = 8%
N = 48 (years)
FV = $0
PMT = ?
Therefore, the monthly instalment PMT is $610.32.
But, we need the balance immediately after the 32th payment, so we construct an amortization schedule - now that we have all the parameters.
On a financial calculator enter 1 INPUT 32, SHIFT AMORT.
Pressing the equal sign gives the principle then interest and finally the balance of this loan after the 32th payment. The balance you should get if you follow this procedure carefully is $9,233.
Answer:
b. The demand for the company’s products is elastic, so total revenue declines when prices are raised.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
If prices are increased, the quantity demanded falls more than the percentage rise in price. As a result total revenue falls.
Demand is inelastic if a change in price has little or no effect on quantity demanded.
If demand is inelastic and prices are increased, the change in quantity demanded would be less than the change in price , as a result , total revenue would rise.
I hope my answer helps you
Answer:
The correct option is informational report
Explanation:
Analytical report is business report that shows the quantitative as well as qualitative performance information with respect to a business being analysed, in order that management may reach conclusions so as evaluate business strategies.
Case study is more broader in that it portrays all the areas of the business, ranging from performance, strategy,analysis,competitive position,share of market segment,cultures,values,rituals and so on.
Above,my choice of answer is informed by the fact that informational report merely shows data or information without further analysis such as the monthly sales figures,without providing any detailed explanation