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Snezhnost [94]
3 years ago
10

The only way to decrease your lifestyle budget is by completely eliminating an item.

Business
1 answer:
N76 [4]3 years ago
7 0

Answer:

False

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.

A lifestyle can be defined as the way and manner an individual chooses to live his or her life. Similarly, a lifestyle budget comprises the cost of goods and services an individual has chosen to spend his or her money on.

Basically, completely eliminating an item isn't the only way to decrease a lifestyle budget because there could be similar items that even cost way more than the eliminated item.

Some of the benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

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The Perfect Haircut: Consumers' Search Process
konstantin123 [22]

Answer:

Explanation:

✓Performance Risk

1)Could Damage Career

2)All the same

✓Financial Risk ( risks that could be attributed to finance, i.e money)

1)Tight budget

2)Expensive Service

✓Psychological Risk

1)Unimportant

2)Personal Image

✓Internal vs External ( ways to get access to information)

1)Salon of Convenience

2)Salon of Choice

✓Benefits vs Costs

1)Worth the Money

2)Effortless

5 0
3 years ago
Economic activities that involve the extraction of natural resources, such as lumbering, fishing, mining, and agriculture, are c
ASHA 777 [7]
Activities that do that are called adolescent
3 0
2 years ago
Read 2 more answers
The following are the stages of both consumer and organization purchase decisions. Place each stage in the most typical order of
777dan777 [17]

Answer:

Problem Recognition.

Information Search.

Evaluation of Alternatives.

Purchase Decision.

Purchase.

Post-Purchase Evaluation

Explanation:

1. Problem Recognition: This relates to the existence and realization of the  <u>need gap</u> between what they have and what they want.

2. Information Search: This is the next stage where the consumer begins to search for how to close the need gap.

3. Evaluation of Alternatives: After searching for  available information on potential way(s) to meet the existing need, the product of the search could reveal numerous alternatives from which a choice will be made after thorough evaluation

Purchase Decision: This is the point where the choice is made from the available alternatives to buy one or not to buy any at all.

Purchase: After the decision, the purchase is made

Post-Purchase Evaluation: After a purchase decision, it is imperative that the customer gives feedback on whether or not they are satisfied with the decision that was made or not, to buy the product.

3 0
3 years ago
Geronimo files his tax return as a head of household for year 2017. if his taxable income is $72,000, what is his average tax ra
serious [3.7K]
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6 0
4 years ago
The stock of business adventures sells for $40 a share. Its likely dividend payout and end-of-year price depend on the state of
Sholpan [36]

Answer:

Explanation:

(a) HPR = Ending Price - Beginning Price + Cash Dividend / Beginning Price

a. The holding period returns for the three scenarios are:

Boom: (48 - 40 + 2.8)/40 = 0.27 = 27%

Normal: (43 - 40 + 1.8)/40 = 0.120 = 12.0%

Recession: (34 - 40 + .90)/40 = -0.1275 = -12.75%

= [(1/3) × 0.27] + [(1/3) × 0.120] + [(1/3) × (-0.1275) =0.08750 or 9%

Variance = [(1/3) × (0.27 - 0.08750)^2] + [(1/3) × (0.120 - 0.08750)^2] + [(1/3) × (-0.1275 - 0.08750)^2] = .026863

Std. Dev = Sq. Rt .026863 = .16390 = 16.39%

(b) E(r) = (0.5 × 8.75%) + (0.5 × 5%) = 6.88%

σ = 0.5 × 16.39% = 8.19%

Thanks

3 0
3 years ago
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