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garik1379 [7]
3 years ago
14

The financial markets are a relatively new technological development created in the last 50 years.

Business
1 answer:
Thepotemich [5.8K]3 years ago
8 0

Answer:

False

Explanation:

Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.

Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.

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The marketing concept involves:____________ a) focusing on customers' wants so that the organization can distinguish its product
kupik [55]

Answer:

The correct answer is A. Focusing on customer's wants so that the organization can distinguish its product (or products) from the competitors' products.

Explanation:

Specifically, the marketing concept involves the following:

  1. Focusing on the needs and wants of the customers so the organization can distinguish its product(s) from competitors’ offerings. Products can be goods, services, or ideas.
  2. Integrating all of the organization’s activities, including production and promotion, to satisfy these wants and needs
  3. Achieving long-term goals for the organization by satisfying customer wants and needs legally and responsibly
5 0
3 years ago
Robinson's has 24,000 shares of stock outstanding with a par value of $1 per share and a market price of $40 a share. The balanc
Zina [86]

Answer:

Find attached question with multiple choices

The third option ,72,000 shares, is the correct answer.

Explanation:

A stock split refers to redenomination of shares by increasing the number of shares and proportionately reducing the number par value per share.

A 3-1 share split means that one prior share now commands three shares while the price of one share is apportioned between the three shares

Robinson now 3/1*24,000 shares=72,000 shares

One previous share was $1 par value but the three new shares would $1/3=$0.33 per share instead of the previous $1 par value

Download xlsx
7 0
3 years ago
On January 1, 2021, Splash City issues $340,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and
Evgesh-ka [11]

Answer:

Dr cash                                          $310,831

Dr discount on bonds payable   $29,169

Cr bonds payable                                             $340,000

On 30th June 2021

Dr  interest expense      $ 15,542  

Cr cash                                            $15,300

Cr discount on bonds payable        $242

On 31st   December  2021

Dr  interest expense      $ 15,554  

Cr cash                                            $15,300

Cr discount on bonds payable        $254

Explanation:

The bond issued at a discount is the first bond whose cash proceeds of $310,831 were less than face value of $340,000.

Discount=face value -cash proceeds=$340,000-$310,831=$29,169.00  

Find attached bond amortization schedule.

Download xlsx
7 0
4 years ago
Cisco Systems uses a differentiation strategy. It offers its customers the latest in routers and switches. Cisco products may co
defon

Answer: The corrects answers are "organic", "B. Decentralized decision making allows for greater flexibility in meeting customer needs." and "D. Shorter chains of command and horizontal communication allow for increased innovation.".

Explanation: Cisco Systems will be more effective if it has <u>an organic </u>structure.

The reasons that explain this are that decentralized decision-making provides greater flexibility in meeting customer needs, and through short chains of command and horizontal communication, innovation is promoted.

3 0
3 years ago
Using the Rule of 70, if Slowland's GDP grows at 2% per year and Speedyland's GDP grows at 5% per year, how much quicker will Sp
Solnce55 [7]

Answer:

b. Speedyland will double its GDP 21 years quicker than Slowland.

Explanation:

According to the rule of 70, it tells about the number of years to double

For Slowlands

= 70 ÷ 2

= 35

For speedyland

= 70 ÷ 5

= 14

So if we take the difference than it comes

= 35 - 14

= 21

Hence, the correct option is b and the same is to be considered

And all other options are wrong

6 0
3 years ago
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