The additional expenses required in order to avoid keeping currency during periods of inflation are known as shoe leather costs.
<h3>What do you know about holding cash?</h3>
The reasons for keeping cash are pretty straightforward. Cash inflows and outflows may balance each other out, or the outflows occasionally exceed the inflows. Hence, to cover up these eventualities, organizations hold cash to meet certain unpredictable situations.
The term "transaction motive" refers to the need for cash that a business has for ongoing operations. In general, the business needs cash to pay employees' salaries, rent, pay for labor, acquire items, and other expenses. On the receiving side, the business receives money from customers, debtors, and other sources. The inflows and outflows do not always coincide. As a result, the company keeps some cash on hand to fill this shortfall.
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#SPJ4.
Answer: D.
Explanation:
Because it opens up more growth than most companies can find by staying with one product line.
Answer:
C
Explanation:
They are the ones to use to products.
The fact that Annika and Karen use prices that end in 9 to get their customers to see prices as lower is called<u> odd-even pricing.</u>
<h3>What is odd-even pricing?</h3>
This is a pricing strategy where retailers and suppliers put an odd number such as 9 at the end of a price.
The reason for this is a belief that when people see a price ending with 9, they believe the good is cheaper because it isn't rounded up and so they buy the good.
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Answer:
Objective setting, budget decisions, message/media decisions, and advertising evaluations.
Explanation:
Advertising strategies differ for every business. There can be different strategies for service business rather than those businesses who provide physical goods. Service business need to pay special attention to their customers because of their intangible nature. Aphrodite's Airlines is making decision to promote its business. First they need to set objectives, then identify their organization budget for advertising activity.