Consumer-oriented legislation passed during the last 55 years is primarily based on <u>SIX </u>rights.
<h3>What is Consumer protection?</h3>
Consumer protection is known to be a kind of a practice that has been made and it is one that is often used in protecting or safeguarding buyers in terms of the purchase of goods and services.
It is one that is used to protect the public, against any form of unfair practices in regards to the marketplace.
Therefore, Consumer-oriented legislation passed during the last 55 years is primarily based on <u>SIX </u>rights.
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Answer:
Unlike the spot market, the forward market permits receiving foreign exchange payments in the weeks or months ahead.
Explanation:
Spot market for currencies is defined as one in which parties that's re involves in currency trade recieve delivery of the currency immediately.
On the other hand forward market allows parties involved to make foreign exchange payments in the future. This form of foreign exchange market allows a company to hedge the value of a currency over time.
For example of a company that imports goods does not want foreign exchange fluctuations to affect their future business, they can purchase a future option to buy the currency at a particular price in the future.
Hi there
To find the future value of annuity ordinary the formula is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT payment per year 3000
R interest rate 0.1025
N time 45 years
So
Fv=3,000×(((1+0.1025)^(45)−1)
÷(0.1025))=2,333,571.66
Good luck!
Answer:
Placing blame with the customer to reduce cost.
Explanation:
Providing an excellent customer service to customers involves making sure that a customer is happy and very satisfied with a company’s products or services. It also involves providing adequate service to a customer in a timely, polite, pleasant and orderly manner. In order to provide excellent customer service the customer service representative must possess a good communication and problem resolution skills.
The customer service representative must:
1) Must have the patience and time to listen attentively to a customer complaint.
2) Must be able to respond in a timely manner.
3) Must appreciate the customers.
4) Must be able to get feedback from the customers.
Answer:
COGS= $807,500
Explanation:
<u>First, we need to calculate the unitary cost for direct material, direct labor, and manufacturing overhead:</u>
direct material= 2*2= $4
direct labor=2.7*20= $54
overhead= 2.7*10= $27
Total unitary cost= $85
<u>Now, the cost of goods sold:</u>
COGS= 85*9,500= $807,500