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Zanzabum
2 years ago
5

Why might one doubt that current forms of digital money, such as Bitcoin, will replace more traditional fiat currencies?

Business
1 answer:
NISA [10]2 years ago
7 0

Answer:

The correct answer is (e)

Explanation:

Digital currency, such as bitcoin is out of government’s control. Similarly, the market decides their price and that makes them unpredictable. Likewise, the digital money has various problems that make them different and hard to trust on, such as, they can’t be used as means of payment, the unit of account, store of value and standard value. Because fiat money is equipped with all those advantages, which is why people doubt that current forms of digital will replace traditional money.

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A successful biologist’s main interest area would be _____.
SpyIntel [72]

it would be scientific

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2 years ago
Best Tools, a manufacturing company, needs to cut costs to remain competitive. The manager of the company believes that the answ
OLEGan [10]

Answer:scientific approach

Explanation:scientific approach is a process of collecting fact and applying

Logical decision technique. It involves the use of big data to source for relevant data for decision making. When using scientific method in business,you must determine the research goal,without a clear research goal you will not be able to draw conclusion from the gathered data from the research.

scientific approach in business involves investigation,evaluation,experimentation,interpretation and theorizing for effective decision making.

4 0
3 years ago
Read 2 more answers
Anne and Bill are two of the most effective salespeople at XYZ Corporation in terms of average revenue per customer. Bill tends
sammy [17]

Although upselling and cross-selling are effective with existing customers, cross-selling is more likely than upselling to<u> A. improve </u><u>customer retention rate</u>.

<h3>What is customer retention?</h3>

Customer retention refers to the ability of an organization or marketer to achieve customer loyalty over time.

When a customer is retained, there is always increased revenue from repeat purchases.

Customer retention increases brand loyalty.

Question Completion with Answer Options:

A. improve customer retention rate.

B. satisfy customer needs

C. provide the information necessary to diagnose reasons for customer defection.

D. increase customer profitability.

Thus, although upselling and cross-selling are effective with existing customers, cross-selling is more likely than upselling to<u> A. improve </u><u>customer retention rate</u>.

Learn more about customer retention at brainly.com/question/11621168

#SPJ12

6 0
1 year ago
Builtrite had sales of $700,000 and cogs of $280,000. in addition, operating expenses were calculated at 25% of sales. builtrite
Leni [432]

This is the presentation of the income statement of Builtrite in order to compute the net income:

Sales                                                                                   $700,000

Less: COGS                                                                        $280,000

Gross Profit                                                                         $420,000

Less: Operating expenses ($700,000 x 25%)    $175,000

          Dividends expense                                   $25,000

          Capital loss                                               $70,000    $270,000

Total                                                                                     $150,000

Add: Dividend income                                         $40,000

          Capital gain                                               $55,000    $95,000

Net income                                                                           $245,000

3 0
3 years ago
What is the failure rate for a franchise?
monitta
Approximately 5% of franchises fail because survey's show about 95% success rate still in business.
6 0
3 years ago
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