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never [62]
2 years ago
15

B. Write five importance of budget.?​

Business
1 answer:
Alchen [17]2 years ago
3 0

Answer:

Hello!!

Explanation:

1. Budgeting Helps You Control Your Spending

2. Budgeting Keeps You On Track For Your Financial Goals

3. Budgeting Can Help Your Marriage

4. Budgeting Helps You Find Financial Contentment

5.  Budgeting Keeps You From Feeling Financially Overwhelmed

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A firm that successfully differentiates its product or lowers its average cost of production creates A. a perfectly inelastic de
zhenek [66]

Answer:

The correct answer is D. value for its customers.

Explanation:

Generating value for the client means giving something in which he feels really grateful, having fulfilled what was expected or, even better, having fulfilled what was needed and what was wanted.

For example, the delivery of the product on the agreed date, the ease of the process of both buying and using the product or service, the attitude of the team when it comes to serving the customer, solving a problem in an effective way, making a conversation enjoyable at the time it is paid, etc.

Generating added value for the customer is not about magic. It is simply that the customer perceives a positive difference. Let him see that it is a different place and concerned about the most important details for the benefit of the client.

The key to giving value to your customers is in the small details, so it is time to start with the business to offer it.

5 0
3 years ago
The two-year interest rate is 10% and the expected annual inflation rate is 5%.
vesna_86 [32]

In economics, the Fisher equation is used to determine the relationship of the nominal interest rate and the real interest rate. This equation takes into account the effect of inflation. Mathematically this is expressed as:

Real rate = \frac{1+Nominal rate}{1+Inflation} -1

The values given are:

Nominal rate= 10% = 0.1

Inflation=5%=0.05

Substituting known values and by calculation:

<span>Real rate=0.0476 = 4.76%</span>


7 0
3 years ago
After identifying the purpose of your message, you should select the most appropriate communication channel. When determining th
Varvara68 [4.7K]

For an effective communication to take place the selection of the most appropriate channel ( medium for convening information) for the intended audience is very important

Explanation:

The factors that are important in the determination of  the most appropriate channel/Medium for  communication are:

  • Urgency of the message(Importance of the message)
  • Confidentiality of the message and the medium
  • Record(The business communication needs to be recorded)
  • Cost incurred in sending the message
  • Supporting Technology
  • Distance

When determining the most effective channel for the  message,one should initially consider the importance of the message.

6 0
3 years ago
Company ABC makes kitchen appliances that have many features in great demand by professional chefs whose only interest is in the
weeeeeb [17]

Answer:

d. quality.

Explanation:

-Delivery area refers to the places in which the appliances can be delivered.

-Quantity refers to the amount of appliances that the company can produce and sell.

-Price refers to the amount of money that customers would pay for the appliances.

-Quality refers to the degree in which the appliances can meet the customer's requirements.

According to this, the answer is that based on its customers, ABC should try to dominate the market in quality because its products meet the expectations of professional chefs and that should be market to focus on as the company can have an important advantage by providing exactly what they need.

The other options are not right because professional chefs are interested on what they can do with this appliances and not on price, quantity or delievery area.

6 0
3 years ago
What will probably happen when the price of a product goes down?
Irina-Kira [14]

Answer: (D) More will be able to pay for that product

Explanation:

4 0
3 years ago
Read 2 more answers
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