1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MAVERICK [17]
3 years ago
5

Further explain the concept of personal finance. (3-4 sentences)

Business
1 answer:
vlabodo [156]3 years ago
3 0

Answer:

Personal finance is the area of study that covers a person's financial activity and how that affects their future. It can be thought of as a component in personal responsibility to understand one's strengths, weaknesses, value to society at large, what it means for someone to succeed or fail financially.

The goal is not necessarily money-related success. Instead, it is about creating an appropriate standard of living and ensuring the individual meets his or her desires most effectively while minimizing risk and without sacrificing freedom. Two keywords are investments (generating positive cash flow) and protection (insurance).

Explanation:

You might be interested in
Douglas McGregor introduced the idea that there are two types of managers: ________ management style is mostly pessimistic and b
solmaris [256]

Answer:

1}Theory X- Authoritarian

2}Theory Y- Participative

Explanation:

Mc Gregor classified management into styles named Theory" X "(authoritarian ) and Theory "Y " (participative ).

Theory X practices vertical and autocratic form of leadership. It is based on the assumption that workers prefer to be pushed to work as they lack ambition and are lazy.

It believes in procedures , reward and punishment.

Contrary to that , theory "Y" believes in relationship and integration .It believes that workers work better when they work under less supervision.

It uses satisfaction , motivation and reward to get the best out of workers.

7 0
3 years ago
GIVE ME THE IDEAS FROM THIS CASE AND WHAT WE HAVE LOOKED AT IN THE PICTURE!!
irina [24]

Answer:

Tobago is effect Corona various

Is very harmful

I only have few ideas

I hope you like it

8 0
3 years ago
Paiva Corporation splits its common stock 2 for 1, when the market value is $80 per share. Prior to the split, Paiva had 100,000
nydimaria [60]

Answer:

a. is reduced to $5 per share

Explanation:

Data given in the question

Market value per share = $80

Number of shares = 100,000

Par value = $10

So, after the split, the par value of the stock is

= Par value of the stock ÷ stock split ratio

= $10 ÷ 2

= $5 per share

By dividing the par value of the stock by the stock split ratio we can get the par value of the stock

3 0
3 years ago
An Internet company in South Florida is receiving frequent requests from employees who want to telecommute. The company's CTO wa
enot [183]

Answer with Explanation:

Following are the three guidelines that telecommuters must follow along with its benefits:

  • Confidentiality must not be breached because the employee is working from home or somewhere he feel comfortable. So the employee must ensure that the he doesn't intentionally and unintentionally breach confidentiality agreement.
  • Ensure Time management which means if they are not giving agreed time to the company affairs then they are not affecting several tasks that will end up in increase in cost and decrease in customer satisfaction.
  • Achieve daily goals because they are accountable for the tasks they are assigned and must remain focused. This will fulfill the purpose of recruiting them which means that the employee is fulfilling his promise of delivering the work agreed. This will help the company gain the benefit for which the company has recruited the employee.
5 0
4 years ago
If the distribution of water is a natural monopoly, then:__________.
Alecsey [184]

Answer:

d. multiple firms would likely each have to pay large fixed costs to develop their own network of pipes.

Explanation:

Option a is wrong because:

The initial investment is very high, therefore, the more firms competing will only increase the required investments and fixed costs associated with them, e.g. depreciation, maintenance. That is why the lowest average costs is generally achieved when only one firm serves this type of market.

Option b is wrong because:

A natural monopoly exists because it is extremely difficult for two or more competing firms to exist. Generally the required investment is very high, and the revenues are not large enough to allow two or more firms to compete.

Option c is wrong because:

Utilities require large initial investments, but once they are set up, the production costs are very small. I.e. the fixed costs are more relevant than the variable costs. Average production costs as decrease as the quantity produced increases.

7 0
3 years ago
Other questions:
  • Quinn has job offers in Wrexington and across the country in Charlieville. The Wrexington job would pay a salary of $50,000 per
    12·1 answer
  • You had your first child recently. You would like to set aside some funds so that your child will be able to attend the Universi
    8·1 answer
  • National saving a. is the total income in the economy that remains after paying for consumption. b. is the total income in the e
    9·1 answer
  • A mortgage incurred in the purchase of an office building would be reported on the statement of cash flows in
    15·1 answer
  • Gretchen has just started as a fashion marketing intern for an up-and-coming design firm. She expected to begin right away imple
    8·1 answer
  • Flying High Manufacturing produces frisbees using a threeminusstep sequential process that includes​ molding, coloring and finis
    5·1 answer
  • During the current month, Ringling Company incurs the following manufacturing costs:
    13·1 answer
  • The private equity firm Clarence Partners is looking at a leveraged buyout
    6·1 answer
  • Starting on June 1, 2026, and continuing until December 1, 2031, a company will need e250 000 semiannually to retire a series of
    5·1 answer
  • Riverbed Corp. enters into a contract with a customer to build an apartment building for $1,013,300. The customer hopes to rent
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!