Closing is generally defined in sales as the point at which a prospect or customer decides to make a purchase. Very few prospects will close themselves, requiring the salesperson's assistance. This can be unsettling, especially for new salespeople, because it exposes the salesperson to the prospect's rejection.
While closing the sale is required, it does not have to be a major undertaking. A salesperson who has done well in the early stages of the sales process will only need to nudge the prospect to begin the close. For instance, salesperson XYZ learns that customer ABC is interested in his product. In that situation, he doesn't need to promote or persuade.
To learn more about salesperson, click here.
https://brainly.com/question/14685921
#SPJ1
Chester has negotiated a new labor contract for the next round that will affect the cost for their product cid. labor costs will go from $7.91 to $8.51 per unit. assume all period and other variable costs remain the same. if chester were to absorb the new labor costs without passing them on in the form of higher prices, how many units of product cid would need to be sold next round to break even on the product
Break-even quantity is the minimum quantity that wishes to be offered in order no longer to make a loss. In other words, at this quantity, the sales revenue just compensates for the fixed and variable prices. In phrases of contribution margin which is defined as the difference between the sales price and unit variable cost, it is the quantity at which the constant fee by myself is recovered. consequently, at a spoil-even amount, the contribution margin could be the same as the fixed cost.
Let Q be break-even quantity, then
Fixed Costs = Contribution Margin = Q * (S-V) where S and V are selling price and variable cost per unit.
Fixed costs = 6412 which does not change for the next year.
Both variable cost and selling price are set to change due to the new labor contract.
The units sold previous year can be calculated from direct labor cost and original labor cost per unit given:
Selling price = Original Price + (New labor cost - Old labor cost)/2
S2 = (33.74 + (8.41-7.91)/2) = 33.99
Direct Material Cost = Unit Material Cost * Q
Unit Material cost = Direct Material cost of previous year / Quantity sold previous year = 21313/1650 = 12.92
Similarly, Unit Carrying cost = 319/1650 = 0.19
Total Unit Variable Cost = Direct Labor + Direct material + Carrying cost
= 8.41 + 12.92 + 0.19
= 21.52
We can now derive Q at which fixed cost is the same as contribution margin
FC = CM * Q
6412 = (S2 - V2) * Q = (33.99 - 21.52) * Q
Q = 6412 / (33.99-21.52) = 514
Thus the break-even quantity at which the contribution margin will be the same as the fixed cost is 514 units.
Learn more about variable costs here https://brainly.com/question/5965421
#SPJ1
If the price in a competitive market falls and goes below the equilibrium price, then consumer surplus might increase, but producer surplus will definitely decrease.
If the price in a competitive market falls and goes below the equilibrium price, then consumer surplus might increase, but producer surplus will definitely decrease. The above statement is true.
What is equilibrium price?On a diagram, when two lines intersect, it usually means something. On a graph, the equilibrium is represented by the intersection of the supply and demand curves (S and D).The only price at which consumer and producer desires coincide is equilibrium, or when the quantity of the good that consumers want to buy (quantity demanded) equals the quantity that producers want to sell (quantity supplied).The equilibrium quantity is that amount that both parties seek equally. Any other price causes the market to be out of equilibrium since the amount requested does not match the quantity supplied.To know about equilibrium price with the given link https://brainly.com/question/14480835
#SPJ4
You are in the process of preparing the final draft of an important proposal. Accuracy will be extremely important to the success of this proposal. Which of the following proofreading strategies would be most appropriate for this situation
The proofreading strategies would be most appropriate for this situation: Print a double-spaced copy of the report, read the message at least twice, and enlist a proofreading buddy.
What is Proofreading ?Proofreading means examining your text carefully to find and correct mistakes in grammar, punctuation, and spelling or typographical errors. The most basic rule of thumb for effective proofreading is to find ways to experience what you have written differently than how you wrote originally.
That is, just reading silently from your computer screen or working from beginning to ending, allows you to get too caught up in the “flow” of your writing, to “read” what you intended to say, not what you actually did write.
First, even before you begin to proofread:
Be sure you've revised the more substantive parts of your paper.Set your paper aside for a while (15 minutes, a day, a week) between writing and proofing.Eliminate all the unnecessary material before looking for mistakes.Know what to look for.Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
You are in the process of preparing the final draft of an important proposal. Accuracy will be extremely important to the success of this proposal. Which of the following proofreading strategies would be most appropriate for this situation?
A. Print a double-spaced copy of the report, read the message at least twice, and enlist a proofreading buddy.
B. Proof electronically, using the down arrow to reveal one line at a time as you look for misspellings and small mistakes.
C. As you begin to proofread, tell yourself that you won’t find any errors because the document should be fairly clean by this point.
Learn more about Proofreading on:
brainly.com/question/4428386
#SPJ4
Law of demand is defined as the relationship between price and quantity from a buyer's perspective.
a. true
b. false
It is true that the Law of demand is defined as the relationship between price and quantity from a buyer's perspective
What is law of demand?The law of demand states that that as the price of a good increase, the quantity demanded will fall and as the price of a good falls, the quantity demanded also rise.
Here, consumers tend to buy more goods and services as the price go down or fall, hence more of a product will be purchased at lower prices than at higher prices.
Therefore, the Law of demand is defined as the relationship between price and quantity from a buyer's perspective
Learn more about law of demand here: https://brainly.com/question/1078785
#SPJ1
If merchandise sold on account is returned to the seller, the seller may inform the customer of the details by issuing a
The seller may inform the customer of the details by issuing a credit memo .
A credit note or credit memo is a commercial document issued by a seller to a buyer. A credit memo serves as the source document for the sales return journal. In other words, the credit is evidence of a decline in sales. A credit is a short form of term credit and is evidence of a reduction in the amount owed by the buyer to the seller on a previous invoice.
A document from the bank to the depositor may also indicate that the depositor's account balance is in a non-deposit event such as B. Collection of the depositor's exchange bill by the bank.
A credit memo lists the products, quantities, and agreed prices for products or services offered by the Seller to the Buyer but not returned or received by the Buyer. May be issued for damaged goods, errors, and repairs.
Learn more about Credit memos here: https://brainly.com/question/14279491
#SPJ4
write the answer in a income statement sheet
The income statement has net income of $4710.
Income statementIncome statement for the year ended November 30, 2020
Repair Revenue $9900
Installation fees $1600
Total revenue $11,500
Expenses:
Salaries expense $2600
Rent expense $2000
Advertising expense $850
Supplies expenses $185
Utilities expense $235
Insurance expense $150
Delivery expense $770
Total expenses $6790
Net income $4710
($11,500-$6790)
Therefore the income statement has net income of $4710.
Learn more about income statement here:https://brainly.com/question/24498019
#SPJ1
Writing the net income in an Income statement sheet for Riley Repair Shop for the year ended November 30, 2020, is as follows:
Riley Repair Shop
Income StatementFor the year ended November 30, 2020
Revenue:Repair Revenue $9,900
Installation fees 1,600
Total revenue $11,500
Expenses:Salaries $2,600
Rent 2,000
Advertising 850
Supplies 185
Utilities 235
Insurance 150
Delivery 770
Total expenses $6,790
Net income $4,710
What is an income statement?An income statement is a financial statement that summarizes an entity's revenue and expenses to determine the net income.
It is also called an income summary and determines the entity's financial performance for a financial period.
Thus, Riley Repair Shop's income statement shows that it earned a net income of $4,710 for the year ended November 30, 2020.
Learn more about preparing income statements at https://brainly.com/question/24498019
#SPJ1
Where is the company most vulnerable, from a communication stand point?
The company is most vulnerable from a communications standpoint, in public and government relationships.
The company cannot withhold their own business information while giving millions of people access to every other business. Company with strong positive reputations attract better people. They are perceived as providing more value, which often leads them in allowing to charge a premium.
When a company has no real structure it can be vulnerable from a communications stand point because individuals outside that company tend to think that no one within the company is ever on the same page. In return, the company becomes more vulnerable.
Also, a company becomes most vulnerable from a communications standpoint, in public and government relationships. Here the task is to maintain the trust of the public and the government.
Hence, the answer was given and explained above.
To learn more about the public and government relationships here:
https://brainly.com/question/28101247
#SPJ4
The process of generating and choosing from a set of alternatives to solve a problem is called __________ Group of answer choices
The answer is decision-making.
Determining a decision, acquiring data, and weighing potential solutions are all steps in the decision-making process.
You can make more careful, intelligent decisions by organizing pertinent information and outlining alternatives by following a step-by-step decision-making process.
This strategy raises the likelihood that you'll select the one that will satisfy you the most.
Decision-making steps include:-
Look into the situation in depth.Establish a positive atmosphere.Create quality alternatives.Investigate your choices.Choose the ideal answer.Review your strategy.Inform others of your choice and follow through.Hence, The process of generating and choosing from a set of alternatives to solve a problem is called decision-making.
Learn more about decision-making:
https://brainly.com/question/12550670
#SPJ4
____________reflect(s) the consequences of executing process steps. Group of answer choices Material Groups Organizational Data Transaction Data Project Management None of the above
(B) Transaction Data reflects the consequences of executing process steps.
What is transactional data?In the context of data management, transactional data is information recorded from transactions. In this sense, a transaction is a series of information exchanges and related activities (such as database updating) that is handled as a unit for the purpose of satisfying a request.Transaction Data reflects the outcomes of process steps being carried out.What is Organizational Data?Organizational data describe the fundamental properties of organizations, their internal structures and processes, and their behavior as corporate players in various social and economic environments.What is project management?Project management is the process of managing a team's effort to fulfill all project goals within the limits set. This data is typically described in project documentation, which is prepared at the start of the development process.As the definition itself states, Transaction Data reflects the outcomes of process steps being carried out.
Therefore, (B) transaction Data reflects the consequences of executing process steps.
Know more about Transaction Data here:
https://brainly.com/question/24835236
#SPJ4
Complete question:
____________reflect(s) the consequences of executing process steps. Group of answer choices Material Groups
(A) Organizational Data
(B) Transaction Data
(C) Project Management
(D) None of the above
APV and WACC are similar in that they reflect the tax benefit of Blank______. Multiple choice question. leverage relocation equity waiting
APV and WACC are similar in that they reflect the tax benefit of leverage.
How to illustrate the information?It should be noted that the adjusted present value (APV) is used to value a project.
The weighted cost of capital (WACC) implies the rate at which a company is expected to pay all its security holders in order to finance its assets.
In conclusion, APV and WACC are similar in that they reflect the tax benefit of leverage.
Complete question:
APV and WACC are similar in that they reflect the tax benefit of ...........
a. leverage
b. relocation
c. equity
d. waiting
Learn more about WACC on:
brainly.com/question/25566972
#SPJ1
True or False: A required implementation specification must be put into place as written in the Rule.
A required implementation specification must be put into place as written in the Rule. This is true as only addressable specification may have alternate implementation.
What is an implementation specification?An implementation specification is a more detailed description of the method covered entities can use to meet the requirements of a particular standard. This is typically related to the HIPAA security rule.
It should be noted that the first step toward Security Rule compliance requires the assignment of security responsibility — a Security Officer. Here, the Security Officer can be an individual or an external organization that leads Security Rule efforts and is responsible for ongoing security management.
Here, the required implementation specification must be put into place as written in the Rule. This is true as only addressable specification may have alternate implementation.
Based on the above information, it can be deduced that the correct option will be true.
Learn more about rule on:
brainly.com/question/820417
#SPJ1
The ongoing increasement of an individual's want and need for varying goods and services is called?
The ongoing increasement of an individual's want and need for varying goods and services is called Conspicuous Consumption.
What is conspicuous consumption?Conspicuous Consumption serves as the term that describes and explains the consumer practice of buying as well as using goods of a higher quality and price.
It should be noted that the Conspicuous consumption serves as an act of displaying ostentatious wealth so as to be able to gain status and reputation in society.
Hence, The ongoing increasement of an individual's want and need for varying goods and services is called Conspicuous Consumption.
Learn more about Conspicuous Consumption at:
https://brainly.com/question/16589317
#SPJ1
What are the symptoms and long-term complications of genital human papillomavirus (HPV)?
Most people with HPV never develop symptoms, but sometimes the infection can develop into genital warts, cervical cancer, or other genital cancers.
Many people with HPV have few or no symptoms, but sometimes the infection spreads to cause serious issues with the nervous system or circulatory system.
Symptoms include fever, swollen glands, headaches, and fatigue; when the infection is left untreated, it can cause serious issues like cancer and even stroke.
Symptoms include joint pain, headaches, and abdominal pain; when the infection is left untreated, it can lead to serious issues like heart disease or cancer.
HPV is such that Most people with HPV never develop symptoms, but sometimes the infection can develop into genital warts, cervical cancer, or other genital cancers.
What are some symptoms that come with HPV?A person with HPV might not know that they have the virus for a long time because most people don't develop any symptoms.
However, this isn't a free pass because HPV can lead to damaging effects such as genital warts and cancers.
Find out more on HPV at https://brainly.com/question/3509633
#SPJ1
A company produces and sells 10,125 desks each year. Each production run has a fixed cost of $500 and an additional cost of $15 per desk. To store a desk for a full year costs $8. What is the optimal number of desks the company should make during each production run
500 desks company should make during each production run.
Lets simplify the problem through simple steps given in the image:
Yearly Working cost = ( 200+ 5x) * 250/x
Total cost = 2x + ( 200+ 5x) * 250/x
Total cost = 2x + 5000/x + 12500
Using minimum cost = 2- 500000/x^2 = 0
x^2 = 250000
x = 500
Hence 500 desks company should be made to run.
What is true regarding long-term and short-term bonds (assume they have the same par value and coupon rate)?
Option C stating long term bonds have higher reinvestment risk is true
This is because the long-term bonds have higher interest rates which lead to higher coupon amounts which further leads to an increase in reinvestment value resulting in higher reinvestment risk
The answer to the second question is. TRUE
The answer to the third question is FALSE
The prices of high coupon rate bonds tend to be less sensitive to a given change in interest rate.
Your question is incomplete. please read below to find the full content.
What is TRUE regarding long-term and short-term bonds (assume they have the same par value and coupon rate)?
Long-term bonds have lower interest rate risk.
Short-term bonds have a higher reinvestment risk.
Long-term bonds have a higher reinvestment risk.
Short-term bonds have higher interest rate risk.
There is an inverse relationship between bonds' quality ratings and their required rates of return. Thus, the required return is lowest for AAA-rated bonds, and required returns decrease as the bond ratings get higher.
True
False
The prices of high-coupon bonds tend to be more sensitive to a given change in interest rates than low-coupon bonds, other things held constant.
True
False
Learn more about long-term and short-term bonds at
https://brainly.com/question/22939161
#SPJ4
The sales level that results in a project's net present value exactly equaling zero is called the _____ break-even.
The sales level that results in a project's net income exactly equaling zero is called the accounting break-even.
What is Break Even In Accounting?Break even point refers to the point or sales unit where total cost is equal to total revenue. That is, both total revenue and total cost at the point are even and there neither profit nor loss.
Break even point can be computed for accounting break even and the cash break even points. The difference between the two is that accounting break even point include depreciation in the fixed cost while the cash break even point deduct non cash expenses from the fixed cost.
The formula for the are as follows:
Accounting break even point = Fixed cost / (Unit price - Unit cost)
Cash break even point = (Fixed cost - Depreciation) / (Unit price - Unit cost)
The break-even analysis is a tool that provides the level of units or sales necessary to cover both variable and fixed costs.
Therefore, we can conclude that the correct option is B.
Your question is incomplete, but most probably your full question was:
The sales level that results in a project's net present value exactly equaling zero is called the _____ break-even.
a. leveraged
b. accounting
c. operational
d. cash
e. present value
Learn more about Break- Even on:
brainly.com/question/17156955
#SPJ4
Who is responsible for maximizing the return on investment (roi)?
Product Owner is responsible for Return on investment(ROI). Return on investment (ROI) is a performance based metric that is used to assess the efficiency or profitability of an investment or to compare the efficiency of several investment.
It aims to quantify the amount of return on a specific investment in relation to the cost of investment. It can be used to rate the investment in various projects or assets and create apples-to-apples comparisons.
Return on investment (ROI) does not account for time passing or the holding duration, which means it may not account for the opportunity costs of the investment.
To learn more about Return on investment (ROI), click here
https://brainly.com/question/11913993
#SPJ4
If a firm's ROA and ROE are equal, it can be concluded that the firm is a. losing money. b. liquid enough to pay some extra dividends. c. financed by all equity. d. financed by a high proportion of debt.
The correct option is (c); financed by all equity.
What is ROA of a firm?Return on assets (ROA) is a metric for gauging how effectively a business uses its assets to make money.
Some key feature of return of assets are-
ROA is a metric that managers, analysts, and investors use to assess a company's financial standing.This profitability ratio illustrates the rate of growth in profits produced by an organization's assets.The corporation is doing a good job of boosting its profits with each investment dollar it makes if its ROA increases over time. A declining ROA is a warning indicator that the company may be in jeopardy since it may have overinvested in assets that have failed to generate revenue growth.What is ROE of a firm?The ratio of a company's net income to the equity of its shareholders is known as return on equity (ROE). A company's profitability and the effectiveness of its revenue generation are measured by its return on equity (ROE).
Some key features of return equity-
A high ROE is desired by investors since it shows that the company is making good use of its resources. A return on equity of between 15 and 20 percent is typically seen as favorable. You may determine a company's efficiency in utilising its investors' funds to produce profits by comparing a public company's net earnings to the equity stakes of its shareholders. In other words, ROE displays, as a percentage, the amount of profit the company makes from each dollar of shareholder ownership.To know more about the Return on Assets, here
https://brainly.com/question/17289987
#SPJ4
If the marginal cost (mc) curve is rising and is above the average fixed cost (afc) curve, then:_______
If the marginal cost (mc) curve is rising and is above the average fixed cost (afc) curve, then the average fixed curve will decline, although the marginal cost curve has nothing to do with this.
The average fixed costs or AFC curve is always downward sloping because of the reason that fixed costs are distributed over a greater volume when the quantity which is produced increases.
AFC is always equal to the vertical difference between ATC and AVC. Why the other cost curves are U-shaped is explained by variable cost to returns.
The marginal cost (MC) curve is explained as the change in total cost divided by the change in the output. Under perfectly competitive markets, the MC curve is the same as the supply curve of any firm.
To know more about marginal cost curve here:
https://brainly.com/question/15570401
#SPJ4
Suppose your budget for these project is 600000.the projects are not divisible. which project should you accept
Explanation:
Drrrrrrgf-gggggffdddfffgghhgffdxddfghhcgjjfut
A manufacturing company has budgeted production of 940 for the month. Each unit requires $1.25 in variable overhead cost. The budgeted fixed cost is $950 per month. The total budgeted overhead cost will be $_____________.
The total budgeted overhead cost for a single unit is $2.26. The calculation of the budgeted overhead is formulated below.
What is Inventory?Inventory is the current asset of a company, which the company sells to generate revenue and profits, the inventory is reported in the statement of financial position in the assets side under the current asset head. The details about the inventory can be checked and reviewed in the notes to the financial statements.
In a service sector company there is no inventory, but a manufacturing and those companies which sell goods have large amount of inventory.
The budgeted overhead can be calculated as:
The total per unit variable cost + Fixed costs per unit.
Calculating fixed cost per unit
$950 / 940 units = $ 1.01
The total per unit variable cost + Fixed costs per unit.
$1.25 + $ 1.01 = $ 2.26
Learn more about Inventory at https://brainly.com/question/27071254
#SPJ1
Prior period adjustments to financial statements can result from: Multiple Choice Changes in estimates of salvage value. Material math errors. Discontinued operations. Changes in tax law. Changes in estimates of useful life.
The answer is material math error.
An adjusting entry is essentially a bookkeeping modification that improves the accuracy of the financial statements by reflecting the revenue and spending on an accrual basis, which is typically but not always the case. At the conclusion of the accounting period, adjustments are made. This might happen towards the end of the month or at the end of the year.
Prior period adjustments are errors or mistakes committed in the prior reporting period. These mistakes must be remedied or eliminated by taking suitable corrective action. Prior period items include factual errors, arithmetic errors, and errors in applying accounting rules.
Therefore, material math error is the correct option.
To know more about adjustment to financial statements click here:
https://brainly.com/question/24178504
#SPJ4
After demonstrating how to return 2023 murano’s folded rear seats to their upright position, what should you remind new owners?.
New owners should be reminded to Gently rock the seatback forward to verify it is latched.
What is Murano?Nissan has been producing and marketing the Nissan Murano, a mid-size crossover SUV, since May 2002 for the 2003 model year. It is currently in its third iteration.
The Murano was developed by Nissan America in La Jolla, California, as the company's first crossover SUV for the US and Canada. It was built on the same Nissan FF-L platform as the third-generation Altima.
Sales of the Murano in Europe started in 2004.
Before the Rogue debuted on sale in September 2007, the Murano was the sole crossover SUV offered by Nissan in the United States. Since 2004 as a model for 2005, Nissan's second SUV based on a car had been available for purchase in Canada.
To learn more about Murano from the given link:
https://brainly.com/question/25704759
#SPJ4
According to which fiduciary duty is an agent prohibited from forcing on his or her client a sale, lease or opportunity to buy...?
According to Loyalty and fiduciary duty is an agent prohibited from forcing on his or her client a sale, lease, or opportunity to buy
This is further explained below.
What exactly does it mean to have loyalty fiduciary duty?According to the loyalty and fiduciary obligation, it is against an agent's duty of loyalty and fiduciary responsibility to pressure a client into a sale, lease, or opportunity to acquire real estate. This is specified in both obligations.
In conclusion, the duty of looking out for the interests of the health and safety of another person or organization is referred to as a fiduciary obligation. It may be said that a duty of fiduciary responsibility covers both the duty of loyalty and the requirement of care, although this definition is very simplistic. To put it another way, the activities of the fiduciary are required to always be in the best interests of the client or beneficiary.
Read more about Loyalty fiduciary duty
https://brainly.com/question/13623204
#SPJ1
Buyer sarah is purchasing a residential property. she plans to live in the home and operate a daycare business out of it. having mentioned this to her agent, the agent should?
Buyer Sarah is purchasing a residential property is (c) specify the use as a daycare in Objectives.
A goal must be quantitative to be powerful. For an instance, 'Make plenty of money cannot be objective, while 'increase profit by using 20%” is a powerful objective as long as it is time-certain. How can you acquire the objective? the solution is – the key effect.
A purpose is a workable outcome this is usually a vast and lengthy-time period while an objective defines measurable actions to reap the general goal.
A goal is an idea of the future or preferred end result that a person or a group of human beings envision, plan and decide to obtain. People endeavor to attain goals within a finite time by way of placing closing dates.
Learn more about the Objectives here: https://brainly.com/question/25605883
#SPJ4
You would like to use the fixed-time-period inventory model to compute the desired order quantity for a company. You know that vendor lead time is 5 days and the number of days between reviews is 7. Which of the following is the standard deviation of demand over the review and lead time if the standard deviation of daily demand is 8
The standard deviation of demand over the review is 10 days.
How to calculate the standard deviation?Lead time = 5 days
SD of demand = 7
Time gap between reviews = 8
The standard deviation will be:
= ✓(7 + 5) × 8
= ✓96
= 10 approximately
Learn more about standard deviation on:
brainly.com/question/475676
#SPJ1
Indicate which group within the Federal Reserve System has responsibility for each action listed below, a. Supervises and regulates member banks Regional Federal Reserve District Banks Board of Governors of the Federal Reserve System Federal Open Market Committee b. Distributes coin and currency Regional Federal Reserve District Banks Board of Governors of the Federal Reserve System Federal Open Market Committee c. Appointed by the president to serve 14 year terms Regional Federal Reserve District Banks Board of Governors of the Federal Reserve System Federal Open Market Committee d. Oversees national banking and consumer credit regulation Regional Federal Reserve District Banks Board of Governors of the Federal Reserve System Federal Open Market Committee e. Oversees the buying and selling of government securities as a form of monetary policy Regional Federal Reserve District Banks Board of Governors of the Federal Reserve System Federal Open Market Committee f. Comprises the Board of Governors and five regional bank presidents Regional Federal Reserve District Banks Board of Governors of the Federal Reserve System Federal Open Market Committee g. Provides information on regional economic conditions through the Beige Book report Regional Federal Reserve District Banks Board of Governors of the Federal Reserve System Federal Open Market Committee
a. Regional Federal Reserve District Banks
b. Regional Federal Reserve District Banks
c. Board of Governors of the Federal Reserve System
d. Board of Governors of the Federal Reserve System
e. Federal Open Market Committee
f. Federal Open Market Committee
g. Regional Federal Reserve District Banks
The 12 regional Federal Reserve District Banks are in charge of overseeing and policing the member banks located within their respective districts, dispersing coin and money, and informing the Board of Governors and the Federal Open Market Committee, or FOMC, of the current state of the local economy.
The president appoints each of the seven members of the Board of Governors to a 14-year tenure. The regulation of consumer credit, as well as general banking industry oversight, are under the purview of the Board of Governors.
The primary tool of monetary policy, open market operations, are controlled by the Federal Open Market Committee, or FOMC. The five presidents of the various regional Fed banks and the seven members of the Board of Governors make up the FOMC.
To know more about Federal Reserve District Banks refer to: https://brainly.com/question/23374601
#SPJ1
Spending plans are divided into three categories with roughly ______% of the after tax budget going to the category of needs and _____________ % of the after tax budget going to wants, with the rest going to esi.
Spending plans are divided into three categories with roughly 50 % of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to 20 % .
What is the 50-30-20 budget method?The 50-30-20 approach that is often used in budgeting is known to be one one the of the simplest and very straight way in the aspect of money management options.
Note that this ideal is often made for those who need to form a budget but they are said to not possess the time or the patience to be able to keep track of their spending in a well detailed manner.
The ways is that one need to spend 50 percent of their after-tax pay on needs, 30 percent in regards to wants, and the last 20 percent in regards to savings or paying off any kind of debts.
Hence, Spending plans are divided into three categories with roughly 50 % of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to 20 % .
Learn more about budget method from
https://brainly.com/question/13964173
#SPJ1
Which core process includes the activities required to produce and deliver the service or product to the external customer?
The core process which includes the activities required to produce and deliver the service or product to the external customer is order fulfillment process
Order fulfilment is a process of fulfilling a sales order according to the customer's specifications. That is, delivering goods as promised at the time of sale. There are four main steps in fulfilling a customers order which are- processing orders, warehousing, packing, and shipping products.
After the customer places an order, there is a procedure to be followed where you need to prepare and deliver the items accordingly. This process typically takes up to 48-72 hours to be completed.
After an order has been submitted for fulfillment, it has to be received and accepted by the logistics company.
Hence, the answer was given and explained above.
To learn more about the order fulfillment process here:
https://brainly.com/question/9694610
#SPJ4
Is zero economic profit inevitable in the long run for a monopolistically competitive firm?
The firm will not continue to earn profit because the cost of production will rise as new firms enter the market. The supply curve shifts to the right as new firms enter, prices fall, and profits fall. Firms will keep entering the industry until economic profits reach zero .Some businesses will leave a sector if it experiences financial losses. will leave.
As the supply curve shifts to the left, price rise and losses fall. The entry of a large number of new firms causes the market supply curve to shift to the right. As the supply curve shifts to the right, market prices begin to fall, and economic profits for both new and existing firms fall.
To learn more about profit, click here.
https://brainly.com/question/9281343
#SPJ1