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gtnhenbr [62]
3 years ago
12

What are some benefits of voluntary exchange? What are the responsibilities?

Business
1 answer:
PtichkaEL [24]3 years ago
7 0

Answer:

The principle or model of voluntary exchange assumes that people will act based on self-interests. This is an important component of a healthy economy. If individuals in a market economy do not feel that they will benefit from the exchange, they would not be willing to make it.

Hope this helps!

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Landen's salary is $58,000 a year, and he contributes $4000 annually to his 401(k), while his employer matches 60%. What is his
LUCKY_DIMON [66]

Answer:

401k+4058.6

Explanation:

8 0
3 years ago
Kathleen is the new operations manager of a national stock brokerage firm. She recently attended a conference on the use of expe
balu736 [363]

Answer: determine what rewards are valued by her employees

Explanation:

From the question, we are informed that Kathleen is the new operations manager of a national stock brokerage firm and that she recently attended a conference on the use of expectancy theory to motivate employees.

In order to incorporate what she has learned, the first thing Kathleen must do is to know the kind of rewards that her workers value. This will be vital to achieve organizational goals.

6 0
3 years ago
What is the process of dividing a broad target market into subsets of consumers, businesses, or countries who have similar needs
kap26 [50]

Answer:

Market segmentation

Explanation:

Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics.  

Markets can be segmented on the basis of socio-economic groups (income), age, location, gender, lifestyle, use of the product (home/work, leisure/business..) etc.  Each segment will require different methods of promotion and distribution. For example, products aimed towards kids would be distributed through popular retail stores and products for businessmen would be advertised in exclusive business magazines

Market segmentation makes  marketing cost-effective, as it only targets a specific segment and meets their needs. it also leads to higher sales and profitability  and also Increases opportunities to increase sales .

6 0
3 years ago
If you choose a career instead of a job, you must work it until you retire. true false
lutik1710 [3]
The answer is false because you can always choose another career.

5 0
4 years ago
Shoshone County uses the consumption method to account for supplies. At the beginning of the year the City had no supplies on ha
zhuklara [117]

Answer:

Expenditures $300,000; Supplies inventory $150,000.

Explanation:

The consumption method recognizes an asset when an item is purchased and an expense when an item is used or consumed. Therefore, when supplies are first bought, Supplies Inventory has a balance of $450,000.

After using those supplies during the year, $300,000 should be debited from Supplies Inventory and credited to Expenditures.

Therefore, at fiscal year-end, the appropriate account balances on the General Fund financial statements would be: Expenditures $300,000; Supplies inventory $150,000.

3 0
3 years ago
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