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makvit [3.9K]
3 years ago
12

1.1. define the following concept social change

Business
1 answer:
k0ka [10]3 years ago
8 0

ANSWER:

Social change refers to any significant alteration over time in behaviour patterns and cultural values and norms. By “significant” alteration, sociologists mean changes yielding profound social consequences.

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A 22-year old, unmarried, new customer contacts you, explaining that he just inherited $10,000,000 and wishes to invest the mone
Ivan

Answer:

B fund of hedge funds

Explanation:

The motive of the investor is to maximizing the return and minimizing the risk

The hedge fund refers to that fund in which the portfolio of investment is protected from the uncertainty of the market and at the same time it also generates the positive return when the market is at recession or in boom period

While on the other hand, the fund of the hedge fund is a portfolio or mix of hedge funds shares in which it is applied to any type of investment fund

According to the given situation, the new customers invest his money to generate high returns moreover he is also risk tolerant and finds the number of ways for enhancing the returns so for this situation, the best option fit is option B.

3 0
3 years ago
Central Park Inc. is a company that sells women's clothing. It recently shut down its physical store and is operating as an app-
love history [14]

Answer:

M-commerce

Explanation:

Since in the given situation it is mentioned that Central Park Inc sells the women clothing and currently they shut down the physical store and they are operated now through app based. With this feature, anyone could access anywhere via using the mobile phones also at the same time the customer compared the prices

So this situation represent the mobile commerce or M -commerce as the people can access this from anywhere at any time, it is easy to use also it save the cost and time

7 0
4 years ago
You have just made a $1,500 contribution to your individual retirement account. Assume you earn a rate of return of 8.7 percent
vekshin1

Answer:

Instructions are listed below

Explanation:

Giving the following information:

You have just made a $1,500 contribution to your retirement account. Assume you earn a rate of return of 8.7 percent and make no additional contributions.

To find the final value we need to use the following formula:

FV= PV*(1+i)^n

A) n= 25

FV= 1500* (1.087^25)= 12073.41

B) n= 20

FV= 1500*(1.087^20)= $7955.77

7 0
3 years ago
Thomas is the owner of a landscaping company that caters to a very wealthy clientele. His company has struggled to differentiate
Evgen [1.6K]

Answer: Product differentiation strategy

                                         

Explanation: In the given case, the industry in which Thomas works depicts features of oligopoly with few firms operating at high level. Thus, increase in price by Thomas would shift the demand for consumers to other firms.

    Hence Thomas should opt  for product differentiation strategy and should increase those features which classify its products different from the others. In such industries, quality is the core essence and costumers are wiling to pay slight higher prices if the quality of the product offered is higher than others.

Hence Thomas should narrow the completion and should focus on inventing some unique features in his products.

4 0
3 years ago
Prepaid Advertising Debit Balance $1100
alukav5142 [94]

Answer:

Debit   Advertising expense  $916.67

Credit  Prepaid Advertising    $916.67

Being entries to recognize advertising expense incurred for 5 months.

Explanation:

When an amount is paid in advance, the entries posted are

Debit Prepaid Advertising  

Credit Cash account (with the amount prepaid)

As the expense is incurred, entries required would be

Debit Advertising expense

Credit  Prepaid Advertising  (with the amount incurred)

Expense incurred in 5 months

= 5/6 × $1100

= $916.67

Hence the entries required will be

Debit   Advertising expense  $916.67

Credit  Prepaid Advertising    $916.67

Being entries to recognize advertising expense incurred for 5 months.

5 0
4 years ago
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