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lesya692 [45]
3 years ago
15

Which of the following describes the products and services of companies that are price-setters?

Business
1 answer:
VashaNatasha [74]3 years ago
5 0

Answer:

Correct option is (A)

Explanation:

Companies that are price setters or price makers  produce unique products  as they have an advantage over others. They are price makers as they enjoy monopoly in the market.

Companies producing homogeneous products cannot be price setters as there are many other companies operating in the same market so prices are set by the market forces.

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What best explains the relationship between a borrower's credit score and a down payment requirement?
jeka57 [31]

Answer:

Someone with a high credit score may be required to make a lower down payment.

Explanation:

A high credit score is an indication of good borrowing and repayment culture by an individual. It shows the individual makes prompt repayments on their debts, and they hardly miss on installments.  A borrower with a high credit score is labeled as creditworthy or a low-risk customer.

A low credit score arises when a customer has a bad history of debt repayment. They have either defaulted or tend to miss on installments. A borrower with low credit is considered high-risk and likely to default on payments.

A lender will demand a high deposit from a borrower with a low credit score to cover for the high-risk involved in the transaction. A borrower with a high credit score is a low-risk customer and does not need to offer a high deposit to access credit.

7 0
3 years ago
Salespeople need to possess effective trust-based sales communications skills so that they:
Olegator [25]
Hey there!

For salespeople, its all about relationships and conversations and relationships with people. If you're good friends with someone from your consuming company, you can expect to make good sales as they are acquaintances and would want to buy things from people who they can trust.

Therefore, if you can develop friendships and trust with people from the company who would buy from you, they might just accidentally or purposely let you in on secrets from their company that would maximize sales- and that's always the goal of a salesperson.

Hope this helps!
7 0
3 years ago
Individuals and business organizations that buy finished goods and resell them to make a profit without changing the physical ch
marysya [2.9K]

Answer: reseller markets

Explanation: In simple words, re-sellers refers to the buyers buying certain goods with the intention of selling them to anyone else. There are suppliers, retailers and distributors on the re-seller trade.

Re sellers can constrain their acquisitions to one product or company or offer a variety of brands and products.

These are the part of supply chain which makes their profit by adding value in the goods in form of providing any kind of service. For example the retailer provides commodities near the customer place hence charges extra for the time saving customer.

4 0
3 years ago
James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four ti
EastWind [94]

Based on James's preferences and the conditions offered by the banks, the best checking account for James would be Account A.

<h3>Which account should James pick?</h3>

James would be able to use the ATM as many times as he wants with Account A as they have no ATM fees.

He wouldn't have to pay annual fees, online billing fees, and monthly fees because he is using direct debit. There will also be no overdraft fees as he doesn't overdraft his account. Account A is therefore best.

Find out more on picking the right account at brainly.com/question/17179481.

#SPJ12

8 0
2 years ago
Suppose, a co-worker has recorded a cash receipt twice and wants you to record a correcting entry that will reverse the mistakes
Anvisha [2.4K]

Answer:

1. Investigate the invoices that have been send out (sequencing, their details and amounts) and cross check the invoices that have been paid up. Then for invoices paid up verify that date descriptions and amounts have been entered correctly or as purported by the co-worker.

2. The Cash Account is Decreasing after the correction.

3. It is not professional to accepts such special treats from co-workers for helping them in the workplace.

Explanation:

All financial information must be treated with great caution as reckless acts my constitute to fraud and irregularities.

Exercise Professionalism by doing a bit of background check on error and the intent of the worker. Also allow internal controls to take course in terms of authorization privileges to alter transactions.

5 0
4 years ago
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