The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
Letter of credit is also called documentary credit or bankers commercial credit.
The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.
This document is usually a mode of payment used for the importation of visible goods.
In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
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It is important for the salesperson to pay close attention to the buyer's interests during the need discovery phase to:
Based on business strategy, the salesperson needs to pay close attention to the buyer's interests during the need discovery phase to "uncover the dominant buying motives."
What is the Need Discovery Phase?The need discovery phase is when firms or salespeople try to understand the motives of the consumers, their needs, and requirements.
As a salesperson, knowing why the buyer or consumer wants to buy a product will give you an edge to know how to market your products to the consumer.
Hence, in this case, it is concluded that the correct answer is "uncover the dominant buying motives."
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What is a consumer product?
Global Petroleum negotiated a deal with Saudi Arabia in which Global Petroleum would build several refineries in Saudi Arabia and receive oil as partial payment over a 20-year period. This is an example of
Considering the situation described above, when Global Petroleum negotiated a deal with Saudi Arabia, this is an example of Bartering.
What is a Bartering?Bartering is a transaction agreement whereby both parties agree to pay with goods or services without using money.
Therefore, in this situation, when Global Petroleum negotiated with Saudi Arabia to receive oil as partial payment over 20 years. This is an example of Bartering.
Hence, in this case, it is concluded that the correct answer is Bartering.
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PLEASEEEE HELP The Supplemental Poverty Measure differs from the official poverty measure in a number of ways. What is one particular difference between the two?
(1 point)
O The Supplemental Poverty Measure includes cash income, while the official poverty measure does not.
O
The official poverty measure includes nonmonetary benefits like housing subsidies and tax credits, while the Supplemental Poverty
Measure does not.
O
The Supplemental Poverty Measure includes nonmonetary benefits like housing subsidies and tax credits, while the official poverty
measure does not.
O The official poverty measure includes cash incomes, while the Supplemental Poverty Measure does not.
The Census Bureau of U.S. started publishing SPM in 2011.SPM includes the non-monetary benefits, while official poverty measure does not.
What is Supplemental Poverty Measure(SPM) and how it is measured?The U.S. Census Bureau from 2011 stared publishing SPM which shows the poverty measure taken by government to aid/provide assistance to the people below poverty line that are not included in official poverty measure.
SPM income is measured by cash income plus benefits in kind by the government. So it can be said the SPM includes non-monetary benefits like tax credit, house subsidies, food stamps, but the official poverty measure does not.
Therefore, it can be said that option 3 aptly describes the Supplemental Poverty Measure.
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Which statement or statements apply to a bond which is selling at a premium? I. The market value exceeds the par value. II. The selling rate is above 100. III. It is sold by corporations, not by the government. A. I and II b. I only c. III only d. I, II, and III.
Answer:
Its A
Explanation:
I took the test
Answer:
A
Explanation:
edge
how do you wheeze?becasue im lost
Answer:
breathe out, but try to restrict some of the air passage.
Explanation:
i think plz mark me brainliest
how to unclog a toilet
Answer:
Use a plunger
Explanation:
Use the table to answer the question.
Consumption
$2,000
Investment
$1,000
Government Spending $1,000
Imports
$500
Exports
$600
The market value for each type of expenditure is given for a hypothetical country in the table above. Calculate the gross domestic product of this country
(1 point)
o $3,900
O $5,100
O $4,100
o $4,000
Income taxes are taxes that are paid on any financial gain. Purchased goods. Homes, land, or property. Special goods and activities.
Income taxes are those taxes that are paid on any financial gain.
Income taxes are a progressive type of tax system. Them are taxes that are paid on all forms of income.
This type of tax , taxes those that have more income that those that have lower income.
The government uses the income tax to fund several public services and also use it for the provision of goods to the citizens in the country.
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Answer:
any financial gain
Explanation:
e2022
Integrated Marketing Communication involves coordinating only paid personal communications. True False
it is false that Integrated Marketing Communication involves coordinating only paid personal communications because it involves paid and non-paid personal communications.
A paid personal communications entails the communication channel which requires payment such as advertisement.
An Integrated Marketing Communication entails integrated marketing elements which helps to communicate with the customers.
The element of Integrated Marketing Communication includes:
public relationssocial mediaaudience analyticsadvertising etc
In conclusion, it is false that Integrated Marketing Communication involves coordinating only paid personal communications because it involves paid and non-paid personal communications.
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You work in sales, and you find your work to be more of a lifestyle than a job. It often involves complex customer situations and weeks of preparation and problem solving to help find workable solutions for those situations. You enjoy it because it enables you to travel to many places and interact with people continuously. However, much of your work involves careful follow-up after your customer visits. Which personal sales channel have you chosen as a career
There are different aspect of sales. The personal sales channel have you chosen as a career is Field selling.
There are different kinds of selling. they include;
Transactional sellingConsultative sellingField selling Collaborative selling, etc.Field marketing which is commonly described as field selling is known to be an old method in direct marketing. It is when people are involved in distributing, auditing, selling etc., on the field. It is known to be a one-way communication tool.
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A server finds a full napki-lined basket of dinner rolls on a table after a costumer has left the establishment. According to the FDA food code, what should the server do with the rolls and napkins
Answer:
throw them out
Explanation:
food can become contaminated you cannot re-serve to another customer
If such a situation should occur where the server finds dinner rolls after the customer has left, the appropriate thing to do is to remove the napkin from the basket and discard the rolls.
FDA food codes were made to reduce the risk of food being contaminated so as to reduce health risks to others.
When a server find a napkin lined basket with dinner rolls, they should remove the napkin and replace it with another in the basket. They should also discard the rolls instead of offering it to someone else as the rolls could be contaminated.
In conclusion, the server should remove the napkin and discard the rolls.
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Discuss the value of technology in business
Answer:
technology has helped business in many ways from it making it easier to shop via the internet and also for the businesses to start putting more and better advertisements then what they were doing before, technology has also made it easier to create the products as well as examine them for flaws.
Explanation:
Brenda, a job applicant at Trade Winds Corp., discovers that the job she is applying for requires her to be a union member before being hired. She also learns that this arrangement is illegal under the National Labor Relations Act. In the context of the security provisions related to union membership, this Trade Winds Corp. has a(n) __________ arrangement.
Based on the information given, it can be deduced that Trade Winds Corp. has a closed shop arrangement.
A closed shop arrangement simply means a place of work where all the employees gave to belong to an agreed trade union.
Under this condition, an employer will only employ the people that are to be part of the trade union. Therefore, it can be seen that Trade Winds Corp. has a closed shop arrangement.
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Match the terms.
a. Initial Markup
b. Additional Markup
c. Markup cancellation
d. Markdown
e. Markdown cancellation
1. original amount of markup from cost to selling price
2. Increase in selling price subsequent to initial markup
3. Elimination of an additional markup.
4. Reduction in selling price below the original selling price
5. Elimination of a markdown
The balance on a credit card, that charges a 12% APR interest rate, over a 1 month period is given in the following table:
Days 1-3: $200 (initial balance)
Days 4-20: $300 ($100 purchase)
Days 21-30: $150 ($150 payment)
What is the finance charge, on the average daily balance, for this card over this 1 month period?
Finance charge = $?
round to the nearest hundredth
Determine the characteristic for each market segment. This segment contains a common element that unifies its members. This segment contains an element that separates it from other segments. This segment is based on the response of members with a certain outlook. distinction arrowRight homogeneity arrowRight reaction
Answer:
Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action. Market segmentation enables companies to target different categories of consumers who perceive the full value of certain products and services differently from one another.
KEY TAKEAWAYS
Market segmentation seeks to identify targeted groups of consumers to tailor products and branding in a way that is attractive to the group.
Markets can be segmented in several ways such as geographically, demographically, or behaviorally.
Market segmentation helps companies minimize risk by figuring out which products are the most likely to earn a share of a target market and the best ways to market and deliver those products to the market.
With risk minimized and clarity about the marketing and delivery of a product heightened, a company can then focus its resources on efforts likely to be the most profitable.
Explanation: I was Just taking a test on this
Answer:
Got this correct on the Test.
Explanation:
distinction--->this segment contains an element that separates it from other segments.
homogeneity--->this segment contains a common element that unifies its members.
reaction--->this segment is based on the response of members with a certain outlook.
How did ray conduct marketing information management?, what type of product/service management did ray do?, what activities were involved in the pricing function?, how did ray use the channel management function?
Ray conducted marketing information management by collecting information from customers to design the theater system seats. The activities involved in pricing were information management and marketing analysis. Finally, Ray shows the use of the channel management function because he carefully selected retailers.
Developing a new product and making sure the product is profitable is a complex process that involves multiple stages and strategies. Here are the most common ones:
Marketing information management: This involves collecting information about the customers, marketing, etc. to make the best decisions. This can be seen in Ray because all the process from selecting the product to selling it is based on research.Product management: This involves proper designing, production, and advertising of a product. This is applied by Ray because he works thoroughly in every stage to make sure the product is successful.Pricing: This involves determining the best pricing for a product to guarantee the product is sold and the producer obtains money. Ray uses the information collected from potential customers to determine the best price.Channel management function: This involves carefully selecting the channels to sell or advertise a product. Ray applies this because he analyzes all elements in the marketing to select the retailers.Learn more about marketing in: https://brainly.com/question/15611949
A car salesperson had $84,784 in total monthly sales for April and $107,270 in May. The salesperson earned $4,865 in total commission from those sales combined.
What is the salesperson's commission as a percent of the total monthly sales?
Enter your answer, rounded to the nearest tenth of a percent, in the box.
Answer:
2.5%
Explanation:
Answer:
2.5
Explanation:
I took the test
Which is NOT a part of the Texas Real Estate Commission's (TREC) complaint investigation and disposition procedures?
Answer:
The answer is cooperative. Which is NOT required by the Texas Real Estate Commission (TREC) for a real estate brokerage organized as a business entity? The answer is a copy of the bylaws of the business entity must be on file at TREC. ... The answer is the Texas Business Organization Code.
Which of the following is a positive impact of technology on society? Staying connected Global deterioration Decreased human interaction Inactive lifestyles
Answer:
Staying connected
Explanation:
Pete and Mason are shopping for Cheese-its for a class activity. They needed several boxes. Which prices give the better deal.
A. $1.25 per box
B. $5.50 for 3 boxes
c. Buy 1 at regular price ($3.50) and get one at 50% off
D. $2.75 per box and a coupon for $1.00 off
Answer:
I believe A. $1.25 per box would be the best deal.
Explanation:
This is because A is $1.25 per box,
B. is about $1.83 per box (5.50/3 divided by 3/3 = about 1.83/1)
C. Would be 1 box = $3.50, and the next $1.75 (which is still not less then just $1.25 per box)
and D. would be $2.75-$1 off = $1.75
Out of all of them, A is cheapest/gives the best deal.
Not sure if all calculations are correct, but I hope this helps! :)
The ability to self-book one’s travel is one of the benefits of online travel companies.
True or False
Answer:
yes
Explanation:
What are some risks of adding a new product?
Answer:
the product could not sell
the product could be poorly received/rated
the product could put your company into debt
if the product got bad reviews that looks bad for your business
Explanation:
how are 2022 versa’s available safety shield technologies enabled or disabled?
The versa's safety shield technologies are factory-fitted, thus, are automatically enable while the car is on.
The safety shield is a mechanism created to minimize hazards while on motion.
The popular features of vehicle with the safety shield technology includes
blind spot warningcollision warningautomatic emergency braking etcIn conclusion, the versa's safety shield technologies are factory-fitted, thus, are automatically enable while the car is on.
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Whenever you go into your local grocery store, your purchases are rung up using hardware that is a ______ system. The data from these purchases are likely to be acquired by leading marketing research firms.
Whenever you go into your local grocery store, your purchases are rung up using hardware that is a Scanner system. The data from these purchases are likely to be acquired by leading marketing research firms.
A scanner system is often in used in businesses to crosscheck the items that were purchased by the buyers. This helps to prevent theft and detect any other dishonest activities.
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It costs a petroleum refinery $0. 39 to refine one gallon of gasoline, and $0. 39 to refine one gallon of natural gas. The refinery can sell gasoline for $2. 11 per gallon, and can sell natural gas for $1. 60 per gallon. Due to the refining process, the refinery must produce and sell twice as much natural gas as it does gasoline. If the refinery’s monthly overhead costs, not including production costs, are $180,000, how many gallons of natural gas will the refinery have sold when it breaks even each month? Round to the nearest whole gallon, if necessary. A. 86,957 b. 141,732 c. 148,760 d. 217,392.
The gallons of natural gas that the petroleum refinery must sell to break even each month is A. 86,957.
Data and Calculations:
Variable cost of refining gasoline per gallon = $0.39
Selling price of gasoline per gallon = $2.11
Contribution margin per gallon of gasoline = $1.72 ($2.11 - $0.39)
Variable cost of refining natural gas per gallon = $0.39
Selling price of natural gas per gallon = $1.60
Contribution margin per gallon of natural gas = $1.21 ($1.60 - $0.39)
Contribution margin per two gallons of natural gas = $2.42 since twice of natural gas must be produced.
Fixed costs = $180,000
Break-even point in units for gasoline = Fixed costs/Contribution margin per unit
= 43,478.26 ($180,000/$4.14)
Break-even point in units for natural gas = 86,957 (43,478.26 x 2) gallons.
At the break-even point, the Petroleum Refinery will not make any profit or loss for both gasoline and natural gas.
Thus, the gallons of natural gas that the petroleum refinery must sell to break even each month is A. 86,957.
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current assets minus current liabilities is called
Answer:
working capital also called net working capital (NWC)
Liquidity is a characteristic of money.
What is the definition of liquidity?
A. how quickly the money is spent
B. the availability of money for conversion into
currency
C. how much interest the money earns per year
Answer:
B. the availability of money for conversion into currency
Explanation:
hope this helped :)
Foreign and domestic merchandise may be moved into Foreign Trade Zones (unless prohibited by law), for activities such as storage, exhibition, assembly, manufacturing, and processing. Foreign and domestic merchandise may be moved into Foreign Trade Zones (unless prohibited by law), for activities such as storage, exhibition, assembly, manufacturing, and processing. True
There are different types of trade zones. Foreign and domestic merchandise may be moved into Foreign Trade Zones is a true statement.
Foreign-Trade Zones (FTZ) are known to be well secure regions under U.S. Customs and Border Protection (CBP) supervision that are known to be outside CBP territory and are considered outside the U.S. commerce.These Trade Zones are found in or near CBP ports of entry that are legalized by the Foreign Trade Zones Board.
Foreign and domestic goods can be transported into zones for work, may not be hindered by law. Theses including storage, exhibition, assembly, manufacturing etc.
It is known as a stated location in the United States where companies use special customs rules that help boast U.S. activity and value added services.
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