Answer to a:
The number of years for which the deposits will be made is given by:
= Retirement age - current age
= 65 - 23
= 42 years
<span>A PUSH STRATEGY s when manufacturers direct their promotional efforts toward channel partners to convince them to order and stock products.
Under this strategy:
1) Manufacturers persuades their retailers to stock manufacturer's products.
2) Because of stocks on hand, retailers create in-door promotions and hire promodisers to push their products to the customers.
3) Customers will then buy their products if they so desire. Customers who are hesitant will be convinced by the sales force and the promotions given.
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Answer:
D) Product Differentiation Strategy:
Explanation:
Answer:
The formula to calculate the Budget Balance is
Government Income - Government Expenditure
in this case
$1.05 billion - $1.06 billion = -<u> 0.01 billion or - $100 million</u>
Explanation:
A budget balance is reached when a government expenditures are equal to it's income.
In this case, since the country's only source of income it is slightly less than than what is required to run the government, it has a budget deficient.
Since the country does not export or trade with outside countries, the government will need to take out a loan to make up for this deficient.