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2 years ago

What is the correlation between consumer spending, discounts, rising prices, and the economy

Business

1 answer:

Nataliya [291]2 years ago

7 0

Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.

<h3>What is an inflation? </h3>

An inflation means a persistent rise in general level of goods and service in a particular year.

Inflation affects consumer spending because the purchasing power of currency reduces

Inflation affects discount rates

Inflation results to rising price of goods and services

Inflation gives the overall economy a hard time

In conclusion, an Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.

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Interest earned on both the initial principal and the interest reinvested from prior periods is called _______.

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Answer:

interest earned on both the initial principal and the interest reinvested from prior periods is called compound interest.

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Compound interest. The interest which is added on to the initial investment, so that this will itself gain interest in subsequent periods.

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3 years ago

Care 1 hospital is renowned for its impeccable reputation and strong employee morale. these types of qualities can best be descr

Elan Coil [88]

Intangible Standards

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3 years ago

The Artisan Cheese Company in Florida has decided to add a new line of imported cheeses to its offering. The company president (

KonstantinChe [14]

Answer:

Cheeses from England.

Explanation:

First, let us define what Marketing Mix is:

This refers to the number of strategies a company employs to promote its goods and services in the market. The four Ps of the marketing mix include Product, Price, Place and Promotion.

The goal of a marketing strategy is to create awareness among the target audience.

Feedback and surveys are ways in which a company informs its marketing mix strategy. Therefore, if it has been determined from the customer feedback from company surveys and cheese tasting that the Product the customers prefer is Cheese from England, then that is what should be produced and promoted.

It cannot be over emphasized that companies are in business because of the customers, so their opinion takes precedence, as the saying goes, customer is always right. Therefore, if the need of the customer is not met, the company will make no profits.

The company president and product director will have to do what the customer wants.

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3 years ago

Why are job referrals valuable to both job seekers and employers?

Leto [7]

A successful referral makes an employee feel better about the company they work for

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3 years ago

The company has an opportunity to sell 20,000 additional units at $13 per unit. The additional sales would not affect its curren

fiasKO [112]

Answer:

$810,000

Explanation:

incremental revenues = 20,000 x $13 = $260,000

incremental direct materials costs = 20,000 x $2 = ($40,000)

incremental direct labor costs = 20,000 x $4 = ($80,000)

additional overhead costs = $200,000 x 15% = ($30,000)

additional administrative expenses = ($86,000)

incremental net income = $24,000

combined net income = incremental net income + regular net income = $24,000 + $786,000 = $810,000

3 0

3 years ago