According to a law passed by the Michigan Legislature, a limited liability company may engage in any activity for which such entities may be established.
What is Michigan Legislature act?The Michigan Constitution grants the Michigan Legislature the authority to enact new laws and alter existing ones in the U.S. state of Michigan, subject to the Governor's right to veto proposed legislation. Legislators do this by introducing measures that have been written by a nonpartisan, professional staff. Chapter 750 of the Michigan Compiled Laws contains the Michigan Penal Code. The majority of Michigan's substantive criminal statutes are created through the Penal Code. The Code has 88 chapters in all. Although Michigan does not have a particular law against vigilantism, there are ways for vigilante actions to become unlawful.
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a complaint was filed against acme realty and widget realty for price fixing. the federal trade commission has just issued a(n) to get them to stop this antitrust activity. if that doesn't work, the ftc will take further action.
Acme Realty and Widget Realty were accused of price-fixing, and a complaint was filed. For them to stop engaging in this antitrust activity, the federal trade commission has just issued an antitrust violation.
Antitrust laws are meant to safeguard trade and commerce from unethical behaviors including price-fixing, restrictions, price discrimination, and monopolization. When antitrust rules are broken, these abusive behaviors take place.
Common instances of these infractions include: "Price fixing" refers to any agreement between rival sellers that specifies an agreed price or otherwise determines how the price will be determined between those vendors. Both the wholesale and retail levels may agree to a price fix.
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the pro forma balance sheet is prepared to ensure that the company's projected performance is in line with its .
The pro forma balance sheet is prepared to ensure that the company's projected performance is in line with its strategic. Company restructuring costs, a decline in the value of the company's investments, or other accounting charges, such as amending the current balance sheet to correct inaccurate accounting methods in earlier years.
Are examples of expenses that are frequently removed from pro forma results. Beginning in the late 1990s, there was a surge in the reporting of pro forma results in the United States, with many dot-com companies employing the approach to recast their losses as profits, or at the very least to show smaller losses than the US GAAP accounting revealed.
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organizing involves . answer unselected monitoring, comparing, and correcting work performance sure i am sure arranging and structuring work to accomplish the organization’s goals unselected setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities unselected working with and through people to accomplish organization goals
Organizational goals are strategic objectives that the management of a company sets to describe anticipated results and direct employees' efforts.
How does the organization work?Following the planning, organizing is a management activity that entails task assignment, task grouping into departments, authority assignment with appropriate accountability, and resource allocation across the organization to achieve shared objectives. Creating a division of labor is the essence of organizing. The managers assign tasks to specific people and groups of people. They then coordinate these people's and groups' actions to achieve the optimal result. The management function of organizing entails creating an organizational structure and assigning human resources to guarantee the achievement of goals. The framework for coordinating efforts is the organizational structure. For instance, setting up accounts, making sales, maintaining records, monitoring quality, managing inventories, etc. All of these tasks must be organized into groups and classes.To learn more about organizing, refer to:
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When a company freezes hiring and tightens expenses due to decreased demand for its products or services, it is involved in a(n) ________ strategy. multiple choice question.
When a company freezes hiring and tightens expenses due to decreased demand for its products or services, it is involved in a(n) defensive strategy.
This is further explained below.
What is a defensive strategy. ?Generally, The term "defensive strategy" refers to a kind of marketing technique that assists businesses in retaining prized clients in the face of potential poaching by other businesses.
Other businesses that are either situated in the same market category as one's own or that sell comparable goods to the same demographic of customers are considered to be one's "competitors."
In conclusion, A corporation is engaging in a defensive strategy when, as a result of falling consumer demand for its goods or services, it puts a halt to new employee recruiting and reduces its overall spending.
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The net of investment income from abroad and investment payments to foreigners is called the _____.
The net of investment income from abroad and investment payments to foreigners is called the income balance.
Gross Income is the gross pre-tax income of an individual or household. This includes both earned and unearned income. For earned income, this is the number shown on your salary before taxes and other deductions such as benefits and 401(k) contributions.
Income is money that a person (individual or business) receives on a daily, weekly, monthly or annual basis. Income includes both monetary and non-monetary values of allowances and fringe benefits. All income is subject to income tax unless specifically exempt.
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When you are 22 years old, you start working at a new job earning $37,000 per year. If you earn a 2% raise each year, how much will you earn the year that you are 62 years old?
You will earn $81,697.46 the year that you will be 62 years old.
We will use the amount formula while using the concept of compound interest.
We have the formula for amount,
A= P(1+R/100)^n
We have,
p= $37,000
r= 2%
n= 62-22=40
So, earning when you are 62 years old is= $37,000 (1+2/100)^40
= $81,697.46
Since salary is compounded each year on the last year salary, so we use the formula of amount in case of compound interest to calculate our salary at the end of some years.
Simple interest is calculated on the principal, or original, amount of a loan. Compound interest is calculated on the principal amount and the accumulated interest of previous periods, and thus can be regarded as “interest on interest.”
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The originator of the idea of the invisible hand, which is a fundamental concept in free market capitalism, was?
Invisible hand, metaphor, introduced through the 18th-century Scottish truth seeker and economist Adam Smith.
That characterizes the mechanisms through which really helpful social and economic results might also arise from the collected self-interested movements of individuals, none of whom intends to deliver about such outcomes.
What Does Free Market Capitalism Mean?Any economic system is capitalist as lengthy as personal folks manage the elements of production. A merely capitalist financial system is additionally a free market economy, that means the regulation of supply and demand, as an alternative than a central government, regulates production, labor, and the marketplace.
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https://brainly.com/question/3431131#SPJ4What method is used to account for an equity investment in voting stock when the investor lacks significant influence?
Typically the “cost method” is used in the cases when an investor has little information in holding the significant influence or when an investor does not fully exercise the influence or control over the investee.
So, in accounting, the cost method is used in cases where there is a need of recording sure and convinced investments in a company's financial statements.
The stock is represented as a non-current asset on a balance sheet using the cost method, at the historical purchase price, and is not changed unless shares are sold or more shares are bought already.
Every dividend that is received is reported as income and is subject to taxation as such.
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Linear programming, waiting line, simulation, and pert/cpm are all elements of which era of operations and supply chain management?
Answer is operation research. operations lookup (OR) Operations lookup (OR) is an analytical method of problem-solving and decision-making that is beneficial in the administration of organizations.
In operations research, issues are broken down into basic factors and then solved in described steps through mathematical analysis.
What difficulty is operations research?Operations Research, also known as Decision Science or Operations Analysis, is the find out about of making use of mathematics to business questions. As a sub-field of Applied Mathematics, it has a very interesting position alongside different fields as Data Science and Machine Learning.
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https://brainly.com/question/27419028#SPJ4What are the effects on the accounting equation when an adjusting entry is made for goods or services provided during the accounting period related to an amount previously received in advance from a customer?.
The effects on the accounting equation when an adjusting entry is made for goods or services provided during the accounting period related to an amount previously received in advance from a customer is: Total liabilities will decrease and total stockholders' equity will increase.
Effects on the accounting equationWhen goods or services that provided during the accounting period are related to an amount that was previously received in advance from a customer this tend to mean that their will be a decrease in total liabilities while the stockholders' equity will tend to increase.
Stockholders' equity=Assets- Liabilities
Hence, Effect on accounting equation:
Total liabilities (decrease)
Total stockholders' equity (increase)
Therefore the effects on the accounting equation is Total liabilities will decrease and total stockholders' equity will increase.
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Would a decrease in the price of a complementary good cause its complement’s equilibrium price to increase or decrease? what about the equilibrium quantity?.
Due to the increase in demand of commodity Y, there will be excess demand. The equilibrium price and quantity would tend to increase.
A rise in supply, all other things unchanged, will cause the equilibrium price to fall; quantity demanded will increase. An increase in demand and a decrease in supply will cause a rise in equilibrium price, but the effect on equilibrium quantity can't be determined.
Goods are complementary if a price decrease in one good causes the demand for the opposite to extend. This can be because the 2 goods are typically consumed during a bundle. During this case, the availability of 1 good is increasing which implies its price will decrease.
An increase within the price of a complementary product will cause a fall within the quantity demanded of that product (shift along the demand curve) and a fall in demand for the complements (shift of the demand curve to the left) whose prices haven't changed.
When two goods are complements in consumption, then a rise within the price of 1 of the products will equilibrium decrease the Demand (shift left) for the opposite good and therefore the reverse for a decrease within the price of the primary good. This happens because the 2 goods are consumed together.
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when workers are asked to participate in a research study, vulnerabilities related to the subject's employment may include: employees may experience pressure from management to participate in the study because the employer perceives the study to be advantageous to the
When workers are asked to participate in a research study, vulnerabilities related to the subject's employment may include situations where the employees may experience pressure from management to participate in the study.
When a research is conducted and so workers are asked to participate in a research study, vulnerabilities related to the subject's employment may include situations where, the employer may encourage or deny participation of workers.
This can also include situations where employees experience pressure from the management in order to participate in the study to be advantageous to the organization.
Hence, the research study's finding can also affect an employee's pay, benefits or promotion potential.
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what would be the yearly earnings for a person with $6,000 in savings at an annual interest rate of 2.0 percent?
The yearly earnings for a person with $6,000 in savings at an annual interest rate of 2.0 percent would be $120 .
Earnings = Principal×Rate
Principal = $6,000
Rate = 2.0% or 0.02
Earnings=$6,000×0.02
Earnings=$120
What is Interest earnings ?
The amount invested at a specific rate yields interest profits, which serve as compensation for taking on the borrower's risk. An increased risk borrower will earn more money.The possibility that a change in general interest rates will lower the value of a bond or other fixed-rate investment is known as interest rate risk.Bond prices decrease as interest rates rise and vice versa. In order to balance the more enticing rates of new bond offerings, the market price of existing bonds declines.The length of a fixed income security serves as a proxy for interest rate risk, with longer-term bonds being more sensitive to fluctuations in interest rates in terms of price.To know more about Interest earnings illustration visit:
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Which is the best example of economies of scale? select one:
a. a parking garage
b. the pizza business
c. a small family farm
d. the generation of electricity
The best example of economies of scale is the local power company.
After installing Qualified Infrastructure, current customers of a Local Power Company or TVA are responsible for working with them to coordinate any adjustments to any existing transmission or distribution facilities and for compensating them, as necessary, for any costs incurred.
What is local power company?
Each Qualified Producer will be required to enter into a contract with TVA (through TVA's TOPS) and the applicable Local Power Company system (or other electric system) for the parallel operation of their production facilities with the TVA transmission system and directly connected to it.The electrical work must be completed in compliance with all the specifications of the most recent edition of the Philippine Electrical Code, as well as the requirements of the local power company and the rules and ordinance of the Baguio City enforcement authorities.Deliveries of electric energy by Local Power Company to Qualified Producer must be made under separate agreements from this Agreement, must be metered and accounted for separately from the deliveries of electric energy made by Qualified Producer to TVA under this Agreement, and must otherwise be provided in accordance with the rates, laws, and service policies that apply to such service provided by Local Power Company to Qualified Producer.To learn more about local power company visit:https://brainly.com/question/28436260
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select the components of a market analysis. multiple select question. the consumption process of potential customers the capabilities of current and future competitors an understanding of injurious consumption the organization's own capabilities the economic, physical, and technological environment
The components of market analysis are:
The consumption process of potential customers
The economic, physical, and technological environment
The organization's own capabilities
The capabilities of current and future competitors
In order to understand where competitors and, by extension, the industry, are moving with their goods and services, competitor analysis entails gathering information about rivals that may be utilized to guide future business plans. This involves comparing the strengths and shortcomings of your own company to those of your rivals in order to develop strategies that will enable you to outperform them. Performing a Market analysis is a great method to identify your organization's strengths and areas where it can benefit from additional support and resources.
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Organizational _______ is the process by which newcomers internalize an organization's values and norms and behave in accordance with them
Organizational socialization is the process by which newcomers internalize an organization's values and norms and behave in accordance with them
A person might accept an organizational role that meets their requirements as well as the needs of the business through a process known as organizational socialization.
The process that takes place when a person steps into a new or evolving function within an organization is dynamic. To set the stage for the investigation of organizational socialization, a psychological overview of general socialization is provided.
As theoretical underpinnings for organizational socialization, four ideas are presented: uncertainty reduction theory, the need to belong theory, social exchange theory, and social identity theory.
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consider the following statements and indicate if each of the statements is normally true or false for wach type of business
Indicate whether each statement below applies to a sole proprietorship, partnership, or corporation.
What is proprietorship?A sole proprietorship, also known as a sole tradership, individual entrepreneurship, or proprietorship, is a type of business where the owner's personal and professional concerns are not formally separated. It is owned and controlled by just one person. Solo entrepreneurs occasionally employ workers even though they may work alone.
All losses and obligations belong to the solitary proprietor, who also receives any profits (subject to business-specific taxes). Every asset owned by the company belongs to its owner, who is also in charge of paying off any obligations it accrues. It is a "single" proprietorship, not a partnership, which requires at least two owners.
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The effective interest rate of return the lease payments provide the lessor is referred to as the?
The effective interest rate of return the lease payments provide the lessor is referred to as the implicit rate
An implicit interest rate is the interest rate which is not specifically stated in the business transaction. Any accounting transaction which involves any stream of payments that is extending over multiple future periods must incorporate an interest rate, even though there is no rate stated in the related business contract.
Otherwise, the contract which does not reflect the expenses which are associated with the delaying payments over a period of time, which is also known as interest expense.
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suppose the cross-price elasticity of demand for butter and margarine is equal to 0.96 while the cross-price elasticity of demand for water and lemon is –0.13. this means that butter and margarine are while water and lemon are . a inelastic goods; elastic goods b substitutes; complements c elastic goods; complements d complements; substitutes e luxury goods; necessity goods
The accurate solution is: c) substitutes; complements
what is move fee elasticity?
Cross fee elasticity may be understood as a extrade in the amount demanded of the product because of a extrade in fee. A effective fee of the move-fee elasticity corresponds to the truth that merchandise are substitutes, because the call for of replacement will increase due to boom withinside the fee of replacement. While a terrible fee corresponds to the complementary goods.
The move elasticity of call for is an financial idea that measures the responsiveness in the amount demanded of right while the fee for some other right changes. Also known as move-fee elasticity of call for, this dimension is calculated through taking the share extrade in the amount demanded of right and dividing it through the share extrade withinside the fee of the alternative right.
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Lucas wants to buy a new car. Before he makes a final purchase, he decides to do a full web-based information search. He also talks with his family and friends to gain even more knowledge. What type of decision-making is this an example of?.
Lucas wants to buy a new car. Before he makes a final purchase, he decides to do a full web-based information search. He also talks with his family and friends to gain even more knowledge. The type of decision-making he is using is extended problem-solving.
The extended decision-making is that type of decision-making in which a person needs several affirmations before buying a product or service. They consider asking multiple people and taking advices from multiple sources to make the best decision.
This sometime sound as a very helpful method but not always work out as it takes time, so the offer may run out of stock as they make their way using this method.
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A comprehensive budget may include any of the following components except a specialized budget? a tax budget. a cash flow statement. an operating budget. a capital budget.
A complete budget may additionally include any of the subsequent components besides a specialized price range is a tax budget.
A budget is an estimation of revenue and fees over a specified future period of time and is commonly compiled and re-evaluated on a periodic basis. Budgets may be made for someone, a group of people, an enterprise, a central authority, or pretty much anything else that makes and spends cash.
A budget is defined as a plan or estimate of the quantity of money wanted for the value of living or to be used for a specific motive. An instance of the budget is how much a lot an own family spends on all costs in a month. An instance of the budget is how much someone plans on spending on a new bed.
Budget hire an automobile is an American automobile condo employer that became based in 1958 in la, California by means of Morris Mirkin. price range is a subsidiary of the Avis budget group, with its operations situated in Parsippany,
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question 1 with 1 blank 1 of 1 eddepnieent: a sales person. question 2 with 1 blank 1 of 1 regatear rrgteeaa: to negotiate the pric
Dependiente , Regatear are the two factors that effect or lead to the price negotiation by a sales person .
What is Price Negotiation ?
It may appear that the buyer has only two options in a price negotiation or other distributive (single-issue) negotiation: accept the price or lose the transaction. However, losing the sale is a problem for sellers as well. The obvious BATNA (best alternative to a negotiated agreement) in both situations is to back out of the agreement.
But there's nearly always opportunity for negotiation. BATNA also aids in determining your reservation price, which is the highest price you are prepared to accept during the present discussion.
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Andy would like to withdraw an annual salary of $45,000 from an account paying 3.1% compounded annually for 25 years once she retires. given this information, determine the amount needed in her account in order for her to reach her goal. round to the nearest cent. a. $9,386,168.48 b. $14,516.13 c. $798,954.46 d. $774,931.58
The amount she needs in her account to attain her objective. It is: d, rounded to the closest cent. $774,931. 58.
Using this equation
PVA stands for Principal [(1-rate)time/rate].
Let's enter the formula.
PVA=45000[(1-(1+0.031)^(-25))/0.031]
PVA=45000[(1-(1.031)^-25)/0.031]
PVA=45,000(1-04661582427091)/0.031
PVA=45000(0.533841757290/0.031)
PVA=45000(17.22070184809)
PVA=$774,931.58
The sum required in her account for her to achieve her objective. It is: d, rounded to the closest cent. $774,931. 58.
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Answer:D) $774,931. 58.
Explanation:edge
enhancing qualitative characteristics of accounting information include each of the following except:multiple choice
Except for neutrality, the following improve the qualitative features of accounting information.
Accounting:
Accounting is the measurement, processing, and exchange of financial and non-financial information regarding economic entities such as enterprises and corporations.
Accounting, also known as the "language of business," measures and communicates the outcomes of an organization's economic operations to a wide range of stakeholders, including investors, creditors, managers, and regulators. Accountants are those who practise accounting. The terms "accounting" and "financial reporting" are sometimes used interchangeably. Accounting information systems are intended to assist accounting processes and activities. Throughout history, accounting has taken different forms and levels of sophistication.
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Speculators in foreign currencies would be subject to all of the following risks except? a political risk b market risk c reinvestment risk d exchange rate risk
Speculators in foreign currencies would be subject to all of the following risks except Reinvestment risk.
Reinvestment risk is the probability that an funding's coins flows will earn much less in a new protection, growing an opportunity fee. it's miles the ability that the investor might be not able to reinvest coins flows at a price corresponding to their contemporary charge of return.
To manage risk, you should invest in a diversified portfolio of different investments. You should allocate your capital to exceptional asset classes in line with your preferred risk-return profile. dollar-price averaging removes the chance of timing the marketplace wrongly.
Reinvestment risk refers to the opportunity that an investor will now not be capable of reinvest cash flows, inclusive of coupon payments, at a rate equal to their contemporary return. zero-coupon bonds are the only fixed-profits security that has no investment hazard as no coupon payments are made.
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The u.s. congress has given the securities and exchange commission the power to promulgate accounting standards for all publicly traded firms. true false
U.S. Congress has given the Securities Exchange Commission the power to promulgate accounting standards. True.
What is Securities Exchange Commission?The Securities and Exchange Commission, sometimes known as SEC, is located in Washington, DC, and regulates the different stock exchanges in the US. Beginning in April 2021, Gary Gensler will serve as chairman. Similarities between the Dutch Authority for the Financial Markets (AFM) and the Belgian Authority for Financial Services and Markets can be observed (FSMA).
The SEC was established on June 6, 1934, in the midst of the Great Depression, by American President Franklin D. Roosevelt as a separate regulatory body. The SEC has been granted the jurisdiction to regulate stock exchanges. Founder John F. Kennedy's father James M. Landis, Ferdinand Pecora, and Joseph P. Kennedy Sr. were selected by President Franklin D. Roosevelt to serve as the first chairman of the
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What+is+the+current+value+of+a+$1,000+bond+with+a+7%+annual+coupon+rate+(paid+semi-annually)+that+matures+in+7+years+if+the+appropriate+stated+annual+discount+rate+is+11%
The current value is $808.21 if the annual discount rate is 7%.
The annual discount rate expresses the amount of interest paid or earned as a percentage of the stability at the cease of the yearly duration. it's miles related to but barely smaller than the powerful fee of interest, which expresses the quantity of interest as a percent of the balance at the beginning of the period.
Face Value of Bond = $1,000
Annual Coupon Rate = 7.00%
Semiannual Coupon Rate = 3.50%
Semiannual Coupon = 3.50% * $1,000
Semiannual Coupon = $35
Time to Maturity = 7 years
Semiannual Period = 14
Annual Interest Rate = 11.00%
Semiannual Interest Rate = 5.50%
Current Price = $35 * PVIFA(5.50%, 14) + $1,000 * PVIF(5.50%, 14)
Current Price = $35 * (1 - (1/1.055)^14) / 0.055 + $1,000 / 1.055^14
Current Price = $35 * 9.58965 + $1,000 * 0.47257
Current Price = $808.21
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Which of these is most likely the cause of a father and son having almost identical-sounding voices
The most likely cause of a father and son having almost identical-sounding voices is: inherited characteristics.
What is a trait?A trait can be defined as a distinguishing quality (characteristic) of a living organism. This ultimately implies that, a trait refers to the specific features and characteristics that are possessed by a living organism.
According to Genetics, traits are essentially divided into two (2) and these include the following:
Dominant traits.Recessive traits.What is an inherited characteristic?An inherited characteristic can be defined as single attribute of a living organism such as a plant or an animal, which is encoded in deoxyribonucleic acid (DNA) and genetically transmitted from parent (father) to offspring (son) during reproduction, in accordance with genetic principles.
Additionally, some examples of an inherited characteristic include the following:
Hair colorSkin toneSize of toesEye colorVoiceIn this context, we can reasonably infer and logically deduce that the most likely cause of a father and son having almost identical-sounding voices is: inherited characteristics.
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Complete Question:
Which of these is most likely the cause of a father and son having almost identical-sounding voices?
O learned behaviors
O environmental conditions
O inherited characteristics
O instinctive characteristics
You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost and will be posted for one year. You expect that it will generate additional revenue of a month. What is the payback period?.
The payback period is calculated by using x/y.
The real estate agent will be advertising services at local bus stop. This will also have some cost amount, let us say amount “x”.This sign is supposed to be posted for an year.Here, we need to find the payback period when we expect that it will generate additional revenue in a month.
Let us suppose that revenue will be amounting “y”.To find the payback period we simply solve it by :
diving the cost amount by revenue amount.Here, we can put the values and get to know the payback period.
Hence, to find the payback period we will apply x/y.
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Regarding our macro-marketing system, the text suggests that? marketing managers should limit consumers' freedom of choice.
Regarding our macro-marketing system, the text suggests that If advertising aids in achieving economies of scale, final consumer prices may decrease.
What is the macro-marketing system?The impact of marketing strategies and policies on the economy and society at large is known as micro marketing (sometimes spelled macro-marketing). Macromarketing experts investigate the interactions between society and marketing systems. Macromarketing is demonstrated when a nation's government uses it to advertise a location that possesses the essential tourism infrastructure to a public outside its borders to create income. The emphasis is on the relationships between marketing and society, covering issues such as marketing systems, general consumer habits, market regulation, civic conscience, fairness and ethics in economies, and sustainable marketing.
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