Why use a credit union rather than a bank?
Credit unions should be used rather than a bank because credit unions return its profits to their members in the form of cheaper fees, higher savings rates, and lower interest rates on loans.
According to the Credit Union National Association, 130 million Americans are members of credit unions, which are not-for-profit organizations that are owned by their members.
Banks are required to turn a profit for their shareholders, while credit unions are not required to do the same for their members. Instead, they want to charge as little as possible, have the highest possible savings rates, and the lowest possible lending interest rates.
Credit unions are required to keep their membership to a certain "field of membership." This can refer to a place of employment, a school or house of worship, a region, or membership in an association.
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A disadvantage of using credit is impulse buying
True or False
Answer:
True
Explanation:
Impulse buying is making unplanned or non-budgeted purchases. In impulse purchases, buying decision is based on attraction rather than the need to have the item.
Making payment via a credit card is incurring a debt. One does not need to have money on their account for the payment to go through. It means one can spend money that they do not have on hand or at the bank. A credit card permits one to make payments for goods they had not planned to buy. It can encourage the buying of items that are not required.
What is the medium of exchange?
Answer:
"an intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties" but in my own words it is the price of a menimum wage between 2 or more people
Answer:
the medium of exchange is an instrument used for the facilitating of sale, purchase, or trading goods between parties.
Explanation:
some example(s) of medium exchange is currency.
Which of the following is a reason that your company might not want to increase its market share?
A.
The market saturation for your product is low.
B.
Many of your company's competitors have bad reputations.
C.
Your company has a limited capacity for producing your product.
D.
The price of your product is very competitive.
Answer:
C: Your company has a limited capacity for producing your product.
Explanation:
hope this helps!
You are a project manager in a strong matrixed organization. Your project plan has been approved, and therefore you have management backing to execute. A stakeholder notifies you of critical functionality for the end product, which is missing in the design document.
Your next step is to:
Answer:
Ensure the change request is documented and presented to the Change Control Board.
Explanation:
As a project manager in a strong matrixed organization, it is important to ensure that all stakeholders are involved in the project planning and design process. However, in the event that a stakeholder notifies me of critical functionality that is missing in the design document, my next step would be to assess the impact of this missing functionality on the project timeline, budget, and overall success.
After assessing the impact as a project manager, I would then work with the project team and the stakeholder to identify potential solutions or workarounds that could address the missing functionality. This may involve revising the project plan, adjusting the budget, or potentially adding additional resources to the project team. It is important to communicate any changes or adjustments to the project plan to all stakeholders, including management, to ensure that everyone is aware of the impact on the project timeline and budget. Additionally, I would work with the design team to ensure that any revisions to the design document are captured and documented appropriately. Overall, as a project manager in a strong matrixed organization, it is important to remain flexible and adaptable in the face of changing stakeholder requirements and to work collaboratively with all project team members to ensure project success.
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mention the interest rate in home loans
The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).
For amanda’s annual performance appraisal, her supervisor solicited feedback from three of amanda’s coworkers, the manager of the customer-service department, several of amanda’s clients, and even a few employees in other departments with whom she worked recently. Amanda’s performance appraisal is an example of a forced ranking system.
It is FALSE that Amanda's performance appraisal is an example of a forced ranking system.
What is a forced ranking system?A forced ranking system is a controversial workforce management tool that identifies a company's best and worst-performing employees, using person-to-person comparisons.
In Amanda's annual performance appraisal, the supervisor only solicits feedback from coworkers from different departments to gain unbiased information about Amanda's performance.
Thus, it is FALSE that Amanda's performance appraisal is an example of a forced ranking system.
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the lower-of-cost-or-market rule requires a company to ________.
Answer:
value its inventory
Explanation:
In the lower of cost or market inventory valuation method, as the name implies, inventory is valued at the lower of original cost or market value.
1. Why is career education so important for teens?
How does MARKETING failure affect the stakeholders of a company?
(Please elaborate in detail 3 points thanks) Please note that its
marketing failure not market failure okay
De-risk the sales process in particular, marketing to many stakeholders lowers risk. It puts too much reliance on individual loyalty—which, in our fast-paced sector, may change overnight—to focus only on one or two crucial connections.
Stakeholders frequently have an impact on decision-making, goals and objectives, operational challenges, sales, expenses, and profitability in a corporation. Owners have the biggest influence since they decide what the company does and provide it the money to start and expand.
Stakeholder marketing is a tactic used by businesses to cultivate and capitalise on connections with internal and external shareholders who are not their primary target market in order to share value and broaden their brand's appeal.
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What is the most important function of a leader within an organlzation?
Leader's functions are
Explanation:
1. control the organization
2. give every member their tasks
3. plan and think about new plans
To be eligible for Bright Futures, you must
submit a statement explaining how all money will be repaid
submit a plan of action for all courses throughout college
take at least three remedial credits in the first semester
take at least six non-remedial credits per semester
please only answer if you know what your talking about
and if your right i will give brainiest.
Answer:
B. Submit a plan of action for all courses throughout college.
Explanation:
I am also taking the FLVS course.
36. Alfalfa Sprouts and Carrot Juice, LLC, a purveyor of health foods, healthy shakes, and
smoothies, buys local
farm fresh organic fruits and vegetables, nuts and beans. It also buys organic breads
and rolls for sandwiches.
The business has a restaurant area where customers can sit, order via an electronic
menu, and pay via the menu.
The company invests half of all profit into stock in environmentally friendly
corporations. It uses a portion of the
remaining profit to periodically purchase new equipment,
Where would the information regarding the company's investments and equipment
purchases be found on the statement of cash flows?
Answer: Cash flows from operating activities
Explanation:
The detail about the companies investment and equipment should be included in the Cash flows from investing activities. Thus, option (a) is correct.
What is cash flow statement?A cash flow statement is a crucial tool for handling finances since it tracks an organization's cash flow. This statement is one of three major reports that assist determine a company's success, together with the balance sheet and the income statement sheet.
Cash flows from investment operations contain data about the company's stock acquisitions, property purchases, and equipment purchases. Cash inflows from the sale or acquisition of non-current assets are examples of investing activity. Therefore, it can be concluded that option (a) is correct.
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Your question was incomplete, probably the complete question was....
O a. Cash flows from investing activities
b. Cash flows from ongoing activities
c. Cash flows from financing activities
d. Cash flows from operating activities
The extended warranty on a ceiling fan is 18% of the purchase price. If the price of the fan is $140, how much is the warranty? a. $7. 78 b. $25. 20 c. $18. 72 d. $12. 86.
Answer:
holi es la l D hojala te pueda ayudar con todo corazón
A bakery famous for its cupcakes opens its doors at 9 a.m. and allows each customer to purchase up to 2 cupcakes until the day's supply of cupcakes runs out. Customers begin lining up around 8 a.m. each day and the cupcakes usually run out around 9:30, leaving dozens of unserved customers disappointed. Which of the following statements about this market are true? Select all that apply.
The price of cupcakes is below equilibrium, and the bakery does not exclusively distribute cupcakes to consumers based on price.
Who are these customers, exactly?A person or company that received money from another firm is referred to as a customer. Customers are key since they earn profit. Without them, businesses does not remain in business.
Why are customers so crucial?They that not only help so much expenditures, but they also attract business. Your clients act as your sales representatives. Actually, 56% of respondents mentioned they would recommend a firm that provides best customer services to friends and family. By providing excellent customer service, you can keep clients who are inclined to recommend your business.
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select all of the following choices which explain why the public keeps some wealth in the form of money.
The public wants to keep some wealth in the form of money so that they can make purchases and hold the money as an asset.
What is an Asset?An asset is a thing that holds a value and has the ability to provide benefits, an asset can be in the form of cash, valuable stones, bonds, loan notes, shares, machinery, Cars or more.
Public chooses to keep some wealth in the form of money in hand or in bank so that they can make purchases whenever they want and also there is a sense of security by having some cash in hand for the case of emergency. There needs to be an adequate balance between the amount of assets and money in hand. Savings should be invested to gain a return but also it is important to have some money to spend, keeping a perfect balance between the two is important.
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OJT is best for large groups.
True
False
A Mercedes-Benz priced the same as a Ford Focus might not sell as well because of:
a. history of performance of similar Mercedes products
b. overall company reputation
c. psychological factors
define ecommerce in business with example
Answer:
See below
Explanation:
eCommerce refers to business transactions conducted via internment. eCommerce is the short form of electronic commerce. It is the selling and buying of products and services through the internet platform. eCommerce includes other commercial transactions conducted online such as online/internet banking, online money transfers, online auctions, ticketing, and payments.
An example of eCommerce is the online retail stores where shoppers pick and select merchandise on the retail store's website and pay online. The retail store then organizes for the items to be delivered to the customer's premises.
Which of the following employees is most at risk of repetitive strain injury?
A.
A shipping employee who performs the same lifting motion over and over
B.
An administrative employee who keeps frequently used objects nearby
C.
A sales person who stands up and changes positions frequently
D.
An accounting employee whose feet rest on the floor
Answer:
A. A shipping employee who performs the same lifting motion over and over.
Explanation:
A shipping employee who performs the same lifting motion over and over, employees is most at risk of repetitive strain injury.
What is an employee?A worker or manager who works for a business, group, or community is referred to as an employee. The organization's personnel consists of these people. There are various types of employees, but in general, any individual engaged by an employer to do a specific task in exchange for remuneration is considered an employee.
The term repetitive injury refers to that, The impacts that affected the muscles, strains, or nerves. As this technique can be caused injuries. They commonly affected the elderly.
Therefore, option (A) is correct
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Which situation describes a monopoly market structure?
A. Many different vendors sell the same few T-shirt designs to fans at
a concert.
B. Solar panels are only available from two companies operating in a
country
C. A lot of new Chinese restaurants open in an area with a growing
Chinese population
D. One company builds and sells all of the cars available in a
developing country.
Answer:
D. One company builds and sells all of the cars available in a
developing country. That if so gives the one company a monopoly, because there is only one company supplying that service.
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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Economics studies choices that arise from one fact. What is that fact? O A. Our resources are unable to satisfy all our wants. OB. Some families are too big. O c. Businesses produce too many varieties of most goods. OD. Some things can't be bought in the marketplace
The fact that economics studies are: "Our resources are unable to satisfy all our wants." This concept is known as scarcity, and it is the fundamental principle that underlies all economic activity.
Scarcity means that there are limited resources available to meet unlimited wants and needs, so choices must be made about how to allocate these resources most efficiently and effectively as possible.
If you have more wants than income then it can lead to dissatisfaction with your self and can lead you to lose your money. This choice is the central concern of economics, and it drives the study of topics such as production, consumption, exchange, and distribution.
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How do bonds earn income
Answer:
The owner of the bond receives interest payments, known as the coupon, throughout the life of a bond, at the interest rate that was determined when it was issued.
Explanation:
They are debt obligations, meaning that the investor loans a sum of money (the principal) to a company or a government for a set period of time, and in return receives a series of interest payments (the yield).
In order for you to be indifferent between the after tax returns on a corporate bond paying 8.5% and a tax- exempt municipal bond paying 6.12%, what would your tax bracket need to be? 33% 72% 15% 28% Cannot tell from information given
The correct option is D.28% In order for you to be in different between the after tax returns on a corporate bond paying 8.5% and a tax- exempt municipal bond paying 6.12%.
Tax is a compulsory financial charge or levy imposed by governments on individuals, businesses, or other entities to fund public expenditure and services. It is a crucial source of revenue for governments to finance infrastructure, healthcare, education, defense, and other public goods. Taxes can be levied on various sources of income, such as wages, profits, capital gains, and property. They can also be imposed on goods and services through sales taxes or value-added taxes (VAT).
Tax systems vary across countries, with different rates, brackets, and exemptions. Governments may use progressive, regressive, or proportional tax structures. Compliance with tax laws is essential, and failure to pay taxes can result in penalties and legal consequences. Effective tax management is crucial for individuals and businesses to ensure compliance and optimize their tax liabilities.
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Complete question -
In order for you to be in different between the after tax returns on a corporate bond paying 8.5% and a tax- exempt municipal bond paying 6.12%, what would your tax bracket need to be?
A.33%
B.72%
C.15%
D.28%
There is an optimum mix temperature range for achieving proper compaction. If the mix is too _____, the mat will tear and become scarred.
The optimum mix temperature range is important for achieving proper compaction. If the mix is too hot, the mat will tear and become scarred.
The compaction process is crucial in ensuring the durability and longevity of asphalt pavements. The mix temperature plays a significant role in this process. When the mix temperature is too high, it becomes more fluid, reducing its ability to hold its shape during compaction. This excessive fluidity can cause the mat to tear and become scarred as it is compacted by the roller. The tearing and scarring occur due to the excessive movement of the asphalt mix particles, resulting in an uneven and damaged surface.
On the other hand, if the mix temperature is too low, the asphalt mix becomes stiff and difficult to compact effectively. Inadequate compaction leads to air voids and poor interlocking of particles, which compromises the strength and durability of the pavement. Furthermore, insufficient compaction can also result in reduced resistance to moisture infiltration and premature aging of the asphalt pavement.
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Requiring employees to scan a unique badge to enter your facility is an example of:_________
Requiring employees to scan a unique badge to enter your facility is an example of facility access controls.
An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for the work by your employer (the person or company that pays your wages).
You should take care of your employees as much as you take care of your customers. If you trust and value your employees, they will be more committed to serving your customers well and ultimately contributing to your company in a great way.
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On the sale of any property, a sales associate's compensation is based on the total commission paid to the broker. The sales associate receives 30% of the first $2,500, 40% of the next amount between $2,500 and $7,500, and 50% of any remaining amount exceeding $7,500. If a property sells for $234,500 and the broker's commission rate is 6.5%, what is the sales associate's total compensation?
Answer:
$6,621.25
Explanation:
Calculation to determine the sales associate's total compensation
First step is to calculate the Total commission to the firm:
Total commission= $234,500 × 6.5%
Total commission = $15,242.50.
Second step is to calculate the three parts of the salesperson's commission
First part
Salesperson's commission=$2,500*30%
Salesperson's commission=$750
Second part
Salesperson's commission=$5,000*40%
Salesperson's commission=$2,000
Third part
Salesperson's commission =$2,500 + $5,000
Salesperson's commission=$7,500
Third step is to calculate the agent 50% commission that is left
Agent commission=($15,242.50 - $7,500) *50%
Agent commission=$7,742.50 * 50%
Agent commission = $3,871.25
Now let determine the sales associate's total compensation
Sales associate's total compensation= $750 + $2,000 + $3,871.25
Sales associate's total compensation= $6,621.25
Therefore Sales associate's total compensation is $6,621.25
Barry's Bar-B-Que is a popular lunch-time spot. Barry is conscientious about the quality of his meals, and he has a regular crowd of 750 patrons for his $9.50 lunch. His variable cost for each meal is about $3.80, and he figures his fixed costs, on a daily basis, are about $3,000. From time to time, bus-tour groups with 50 patrons stop by. He has welcomed them because he has capacity to seat 850 diners in the average lunch period, and his cooking and wait staff can easily handle the additional load. The tour operator generally pays for the entire group on a single check to save the wait staff and cashier the additional time. Due to competitive conditions in the tour business, the operator is now asking Barry to lower the price to $5.30 per meal for each of the 50 bus-tour members. (Negative amounts should be indicated by a minus sign. Round your answers to
2 decimal places.)
Required:
1-a. What is the incremental profit (loss) per bus-tour meal?
1-b. Should Barry accept the bus-tour offer? 2-a. At least once per month, the tour company is in a position to guarantee 200 patrons (or four bus loads) in a single day. On those days, the tour company is asking for an even lower price of $4.80 per meal. What is the incremental profit (loss) for each
meal?
2-b. Is the offer financially attractive?
1a. The incremental profit per bus-tour meal is $1.50.
1b. Yes, Barry should accept the bus-tour offer as the incremental profit from the bus-tour group is $75.
2a. The incremental profit (loss) per meal on the days when the tour company guarantees 200 patrons is $1.00.
2b. Yes, the offer is financially attractive as the incremental profit from the tour group on guaranteed 200-patron days is $200.
To calculate the incremental profit (loss) per bus-tour meal, we need to compare the revenue generated from the tour group with the variable cost per meal.
Revenue per bus-tour meal: $5.30
Variable cost per meal: $3.80
Incremental profit (loss) per bus-tour meal:
= Revenue per meal - Variable cost per meal= $5.30 - $3.80= $1.50Therefore, the incremental profit per bus-tour meal is $1.50.
To determine whether Barry should accept the bus-tour offer, we need to consider the incremental profit per bus-tour meal compared to the regular lunch crowd.
Incremental profit per bus-tour meal: $1.50
Number of bus-tour members: 50
Incremental profit from bus-tour group:
= Incremental profit per bus-tour meal x Number of bus-tour members= $1.50 x 50= $75Since the incremental profit from the bus-tour group is positive ($75), Barry should accept the bus-tour offer as it will contribute to his overall profit.
To calculate the incremental profit (loss) for each meal on the days when the tour company guarantees 200 patrons, we need to compare the revenue generated from the tour group with the variable cost per meal.
Revenue per meal (on guaranteed 200-patron days): $4.80
Variable cost per meal: $3.80
Incremental profit (loss) per meal:
= Revenue per meal - Variable cost per meal= $4.80 - $3.80= $1.00Therefore, the incremental profit (loss) per meal on the days when the tour company guarantees 200 patrons is $1.00.
To determine if the offer is financially attractive, we need to consider the incremental profit (loss) per meal on the guaranteed 200-patron days.
Incremental profit (loss) per meal: $1.00
Number of meals (on guaranteed 200-patron days): 200
Incremental profit (loss) from the tour group on guaranteed 200-patron days: Incremental profit (loss) per meal * Number of meals
= $1.00 x 200= $200Since the incremental profit from the tour group on guaranteed 200-patron days is positive ($200), the offer is financially attractive.
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When people make decisions together, they develop a ____ to each other and are therefore more committed to the outcome.
a. social commitment
b. moral commitment
c. hierarchical commitment
Answer: Social commitment
Explanation: Social commitment is defined as the commitment or burden of the members of a society, whether they are members of a group or as individuals.
When there is a social commitment, people agree and reach a decision in order to fulfill what has been agreed. Regardless of the decisions that have been made as a group, once they are made it is important that they are followed and that everyone does their part.