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Marat540 [252]
4 years ago
5

Is ikea product based or service based please explain.

Business
1 answer:
nignag [31]4 years ago
3 0

Ikea is a product based company because they sell products such as tables, chairs, lamps, and any other sort of furniture. It can not be called service based because they provide products, not  service. A service is when someone does something for you and you pay for it. Services are like getting your hair cut, staying at a hotel, or eating at a cafe, but these things are not products. Therefore, Ikea is a product based company.

Hope this helps!

~Brooke

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which of the following is not typically involved in rescheduling activities of a troubled sovereign loan? group of answer choice
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Shortening the repayment schedule is not typically involved in rescheduling activities of a troubled sovereign loan.

Governments of independent political entities can issue debt, typically in the form of securities, known as sovereign debt.

Unique risks associated with sovereign debt are not present in other forms of lending.

The creditworthiness of sovereign debtors and the securities they issue is frequently rated by a number of private agencies.

Economies and political systems that are stable are often seen as having better credit risks, enabling them to borrow on more favorable terms.

Governments incur sovereign debt through the issuance of bonds, notes, and other debt instruments as well as by the borrowing of funds from other nations and international institutions like the International Monetary Fund.

Foreign currencies as well as domestic ones may be used to pay off sovereign debt, which may be due to outsiders or to the nation's own population.

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1 year ago
A ______ is a written statement that promises a product will work for a set amount of time.
IceJOKER [234]
Contract I believe would be the answer
4 0
3 years ago
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Bethea Financial Services had a debit balance of $32,217 in their Fair Value Adjustment account on December 31, 2020. Based on t
kaheart [24]

Answer:

Debit

$14,181

Explanation:

Given:

Fair Value Adjustment account = $32,217 (Debit)

Net unrealized gain = $46,398 (Credit)

According to Fair Value Adjustment account , Debit balance is lower than Credit balance, So they should Debit (Fair Value Adjustment account)

Debit amount = Net unrealized gain - Fair Value Adjustment account

Debit amount = $46,398 - $32,217

Debit amount = $14,181

5 0
3 years ago
The number one reason for failure of new business is
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The number one reason for failure of a new business is poor management.


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4 years ago
2) Economic Growth: Use the PPF from above to illustrate the effects of saving and investment upon national GDP. Use a PPF to sh
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Answer and Explanation:

Economic Growth can be defined as an increment in production capacity of an economy using all its available resources. The PPF illustrates the largest possible quantity of goods and services a nation can produce base on its available resources. An outward shift in the economy’s production possibility frontier (PPF) depicts  a raise in productive capacity of an economy.  An outward shift implies that an economy has capacity to  increase its production outputs. This can be as a result of   the economy employing new technology, allowing specialization, increasing its labour force, using new production approaches etc. Likewise, an inward shifting PPF implies an economy has witness a loss or exhaustion of some of its scarce resources and it will culminate into reduction in an economy’s productive potential.

Effects of saving and investment upon national GDP

level of savings direct related to the level of investment, investment feeds on available finance from saving. If more people save, the banks will be able  to lend more to firms to support their investments.

low savings and investment implies a PPF inward shift. low savings  in economy implies that the economy is opting for short-term consumption over long-term investment, and this will lead to future undue pressure on available infrastructures ad resources.

spending  on consumer goods vs capital goods effect on the economy

In the short run, the economy must prefer using available resources to produce capital rather than consumer goods. Standards of living will be affected, as private consumption will have access to fewer resources. However, in the longer run, the raised production of capital goods will boost  the production of more consumer goods ad therefore standards of living will experience more increase than they would have witness if the economy had spent most of its income on consumer goods.

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