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Mademuasel [1]
3 years ago
7

What is the best source of information to use when purchasing a new car?

Business
1 answer:
Elza [17]3 years ago
3 0
Unpaid reviews on reputable car sites.

social media spreads lies, car salesman might lie about the car in order to make a sale, and an ad will do the same.
You might be interested in
The Company deposits $6,900 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $6,900 plus ear
astra-53 [7]

Answer:

$8750.87

Explanation:

This is compound interest problem. The formula used to solve this would be:

F=P(1+r)^t

Where

F is the future value (what we want, after 3 years)

P is the initial value (given 6900)

r is the rate of interest per period

here, 8% per year, so 8/4 = 2% per period (since compounded per quarter)

t is the time (3 years and compounding per year so times of compounding is 3*4 = 12), so t = 12

Substituting, we get our answer:

F=P(1+r)^t\\F=6900(1+0.02)^{12}\\F=6900(1.02)^{12}\\F=8750.87

<u>There will be about $8750.87 at the account at the end of 3 years!</u>

8 0
3 years ago
Correctly complete the following statement. We may be more likely to consider using qualitative forecasting techniques when Sele
Nostrana [21]

Answer:

b

Explanation:

There are two types of forecasting method

1. Qualitative forecasting

2. Quantitative forecasting

Qualitative forecasting can be described as when subjective judgement or non quantifiable information in forecasting.

<em>When is qualitative forecasting suitable ?</em>

  1. It is used when historical data in unavailable.
  2. this method is suitable when it is predicted that future result would depart from what historical data may suggest

<em>Advantages of Qualitative forecasting </em>

  1. it is flexible
  2. It can be used when data available is ambiguous or unclear

<em>Disadvantage of Qualitative forecasting </em>

It is subjective.

Quantitative forecasting can be described as forecasting using historical data

3 0
2 years ago
Indicate what components of GDP (if any) each of the following transactions would affect. a. Your parents buy a new house from a
Ira Lisetskai [31]

Answer:

a. Consumption spending

b. consumption spending

c. government spending

d. investment

e. consumption and investment

f. consumption spending

g. not included in GDP

Purchase of a Toshiba laptop is consumption spending

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceeds import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used or old products

5. sale or purchase of intermediate products

Consumption spending includes expenditures by households on durable and non durable goods and services

the following are durable consumption by households and are included in the calculation of GDP :

Purchase of a house

Purchase of a mustang

Purchase of an air conditioner

purchase of a  computer

the purchase of the old Victorian house isn't included in the calculation of GDP because it is old. Only items produced in the current year are included in the GDP. if the old home is counted, it would be double counting

hiring an accountant is an example of purchase of services by households and it is consumption spending.

Spending by businesses are included in investment spending.

expenditure by the government or state are included in government spending

4 0
3 years ago
John Noble speculated that Howie really didn’t know much about his employees, including the types of rewards that they found mea
Fed [463]

Nobles thoughts referred to is B. Expectancy theory. The expectancy theory refers to someone knowing how someone else will react based on motivators. If there is a specific motivator that an employer knows an employee refers to with positive behaviors, there is a good chance the employeer will be able to guesstimate what the end result of the situation would be. In this case, Howie needs to spend more time learning what his employees like and dislike to figure out a way to keep them motivated long term.

7 0
3 years ago
Rapid-Built Homes specializes in low-cost prefabricated, modular homes that can be erected in a mat-ter of days anywhere in the
SOVA2 [1]

Answer:

D, are probably not engaged in intense competitive rivalry

Explanation:

A competitive analysis framework or framework of competitive analysis can be said to be an analysis model that is used to examine a competitor market structure. This in turn helps you to properly prepare or structure your market analysis.

There are about 5 competitive analysis frameworks. They include SWOT(strength Weakness Opportunity Threats), Porter's five forces, Strategic group analysis, growth share matrix, perceptual mapping.

In the case of Rapid-Built Homes and ModMod, they are not exactly involved in intense competitive rivalry because while Rapid-Built homes is a developed by real estate speculators, ModMod is a side business for two architecture professors. This means that selling of housing units by Rapid-Builts is the source of main income for the company while for ModMod, is it not the main source of income for the professors.

Cheers

7 0
3 years ago
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