Answer:
1 EUR = 120 JPY
Explanation:
As the purchasing power parity theory, the exchange rate of currency 1 to currency 2 = Cost of good in currency 1
/ cost of same valued item in currency 2
In this case, a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value, then the exchange rate between the yen and the euro
= price of Lexus in Tokyo/ price of Mercedes in Stuttgart
= 6,000,000 JPY/ 50,000 EUR
= 120 JPY/EUR
Answer:
far fewer
Explanation:
Firms selling to organizational buyers have far fewer potential customers compared to firms selling to consumers.
In consumer markets, companies typically sell to large numbers of customers, with each customer accounting for a small proportion of the company’s sales. <u>In business markets, companies deal with smaller numbers of customers</u>; in some situations, large customers may account for a high percentage of sales.
Answer:
True
Explanation:
George Elton Mayo was well known for his theory about the human relations management which shed lights on things that drive employees motivation. The theory also tells about the factors which affects the productivity of employees, this lead to extensive research in this field which extended the field of human relations management. So it is true that scientific management study has a great contribution from Elton Mayo that lead to further studies of factors that increases the productivity of the employees.
<span>18 x .6 = $10.80 US
18 x .5 = $9.00 US
9/10.80 = .83
1 - .83 = 17% change
You first multiply the price in pounds by the exchange rate to find out how much the product would cost in US dollars. Then the same calculation is done with the lower exchange rate. You create an equation with the 2 US dollar amounts. Then to get the percent change, you subtract that answer from 1.</span>
Answer: must be in writing because it benefits McGregor.
Explanation:
From the question, we are told that Country Farm Supply applies for a business loan from Farmers Credit Co-Op. We are also aware that Country Farm Supply owes McGregor money under another business deal, and that McGregor wants to help Country Farm Supply get the loan so that it will be able to stay in business to pay him back, McGregor promises Farmer's Credit Co-Op that he will repay the loan if Country Farm Supply does not.
Therefore to be enforceable, McGregor's promise must be in writing because it benefits him. The the deal is between Farmer's Credit Co-Op and McGregor, hence, the promise must be in writing because this will make it valid and also applicable for future purpose in case McGregor isn't able to repay the loan he took .
