To calculate the present value of 89,000 Ft with an annual interest rate of 18.8%, an interest period of 6 years, and a compounding period of 1 month, we can use the formula for the present value of a future amount. the present value for 89,000 Ft with an annual interest rate of 18.8%, an interest period of 6 years, and a compounding period of 1 month is approximately 42,816.63 Ft.
PV = FV / (1 + r/n)^(n*t)
Where:
PV = Present Value
FV = Future Value
r = Annual Interest Rate
n = Compounding Periods per Year
t = Number of Years
In this case, the Future Value (FV) is 89,000 Ft, the Annual Interest Rate (r) is 18.8%, the Compounding Periods per Year (n) is 12 (since there are 12 months in a year), and the Number of Years (t) is 6.
Plugging the values into the formula, we get:
PV = 89,000 / (1 + 0.188/12)^(12*6)
Calculating the exponent first:
PV = 89,000 / (1 + 0.0156667)^(72)
Next, we calculate the value inside the parentheses:
PV = 89,000 / (1.0156667)^(72)
Finally, we calculate the present value:
PV = 89,000 / 2.0785933
PV ≈ 42,816.63 Ft
Therefore, the present value for 89,000 Ft with an annual interest rate of 18.8%, an interest period of 6 years, and a compounding period of 1 month is approximately 42,816.63 Ft.
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a. What are the organisational policy and procedure requirements to implement an action plan?
b. Must any documentation be maintained or named in a specific way?
a. Policy and procedure requirements include adherence to information security policies, change management procedures, and incident response protocols.
b. Yes, documentation should be maintained and named according to established naming conventions and file management guidelines.
a. Organizations should have policies in place that outline security practices, such as access controls, data encryption, and incident reporting. Compliance with these policies ensures that security measures are implemented consistently throughout the organization.
It is important to have documented procedures for managing changes to systems, processes, or configurations. These procedures typically include steps for requesting, reviewing, approving, and implementing changes, ensuring that proper controls and testing are in place to minimize risks.
Organizations should have established protocols for responding to security incidents, such as data breaches or cyberattacks. These protocols outline the roles, responsibilities, and actions to be taken during and after an incident, ensuring a coordinated and effective response.
b. Maintaining documentation is crucial for effective implementation and ongoing management of an action plan. It is recommended to maintain documentation in a structured manner and follow established naming conventions and file management guidelines. This ensures consistency, easy retrieval, and efficient collaboration among stakeholders.
Documentation should be appropriately named to reflect its content and purpose, making it easier to locate and reference when needed. Consistent documentation practices also facilitate version control and auditability, enabling organizations to track changes, review past actions, and ensure compliance with internal and external requirements.
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Read this excerpt describing the mission of the World Bank.
The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the common sense. Instead, it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards.
It provides low-interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes.
According to this excerpt, what is one major way in which the World Bank differs from a regular bank?
The World Bank is a source of financial assistance.
The World Bank aims to improve living standards.
The World Bank provides low-interest loans and credit.
The World Bank serves people of different income levels.
Answer:
The World Bank is a source of financial assistance.
Explanation:
The World Bank serves people of different income levels but regular banks do that.
The World Bank aims to improve living standards, no because it is more for hep developing countries.
The World Bank provides low-interest loans and credit but there is a better answer.
The World Bank is a source of financial assistance because it help developing countries and has easier loans and credit
The World Bank aims to improve living standards.
What is the role of the World Bank in globalization?The WBG supports developing countries through the development of trade policy to deepen their integration into regional and global economies and increase trade performance while facilitating trade through streamlined border management and more efficient logistics
What are the important global roles that World Bank plays?The World Bank concentrates on long-term investment projects, institution-building, and on social, environmental, and poverty issues. The IMF focuses on the functioning of the international monetary system, and on promoting sound macroeconomic policies as a precondition for sustained economic growth.
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order the steps for manually calculating future value of an ordinary annuity. instructions choice 1 of 4. calculate interest on the balance, and add the interest to the previous balance. toggle button calculate interest on the balance, and add the interest to the previous balance. choice 2 of 4. add additional investment at the end of the second period to the new balance. toggle button add additional investment at the end of the second period to the new balance. choice 3 of 4. no interest is calculated on the first period. toggle button no interest is calculated on the first period. choice 4 of 4. continue calculating interest on balance, adding to previous balance, then adding additional investment until desired period is reached. toggle button continue calculating interest on balance, adding to previous balance, then adding additional investment until desired period is reached.
The steps for manually calculating future value of an ordinary annuity is as follows 4. No interest is calculated on the first period. 2. Calculate interest on the balance, and add the interest to the previous balance. 3. Add additional investment at the ed of the second period to the new balance. 1. Continue calculating interest on balance, adding to previous balance, then adding additional investment until desired period is reached.( 4, 3, 2, 1 ).
How do you determine an ordinary annuity's future value?
The future value of an ordinary annuity is calculated using the formula F = P * ([1 + I]N - 1)/I, where P is the payout amount. I is equivalent to the discount (interest) rate. There will be N payments; the "" denotes that N is an exponent. F stands for the annuity's future value.
The following equation can be used to determine future value with compound interest: future value = present value x (1 + interest rate)n. Use the following equation to determine future value with simple interest: future value = present value x [1 + (interest rate x time)].
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Differentiate wealth-creating venture from income-generating venture.
Answer:
Explanation:
A wealth creating venture is expected to produce a return over a longer time span. Let’s say that the venture is expected to lose money for 5 years and then generate significant returns in year six. Over a ten year span, it might be very profitable. But if you are expecting to live off the proceeds starting on day one then you have a problem.
An income generating venture is expected to become cash-flow positive much sooner. A self-funding entrepreneur is likely to desire an income generating venture unless they are very wealthy. A venture backed business allows for a longer timeframe to accrue value.
B. Is it right to say that there are substantial difference in
how people in different nations are motivated to work?
Yes, it is right to say that there are substantial differences in how people in different nations are motivated to work. The way people are motivated to work differs according to their cultural background, and as such, this has an impact on how they behave at work.
Different cultures have different work ethics, values, and attitudes towards work. Therefore, managers need to understand these differences in motivation in order to effectively manage a diverse workforce of different cultural backgrounds. For example, employees from individualistic cultures may be motivated by rewards and recognition for their individual achievements. On the other hand, employees from collectivist cultures may be motivated by group achievements and working towards a common goal.In conclusion, it is important for managers to recognize and understand these differences in motivation in order to effectively manage employees from different cultural backgrounds.
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Which of the following would most appropriately be categorized as a tech etiquette skill?
Answ1. Knowing how to appropriately use emoticons in text-based communication
2. Knowing how to use basic features of popular social media platforms
3. Knowing how to effectively manage online interactions
3. Knowing how to effectively manage online interactions
Explanation:
Select all that apply.
Which of these are true of a natural pause following a conversation?
You should begin speaking to avoid awkwardness.
You should not panic.
Take a moment to collect your thoughts before you speak.
Conversations that end with a pause went poorly.
Answer:
You should not panic
AND
Take a moment to collect your thoughts before you speak.
Explanation:
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what amount did kimberly withdraw, assuming the investment earns interest compounded annually? (round answer to 2 decimal places, e.g. 25.25.)
(a) With simple interest the amount Kimberly withdrew is $15,400. (b) With compound interest the amount Kimberly withdrew is $16,894.70.
(a) To calculate the amount Kimberly withdrew with simple interest, we use the formula:
Simple Interest = Principal × Rate × Time.
Principal = $10,000
Rate = 6% = 0.06
Time = 9 years
Simple Interest = $10,000 × 0.06 × 9 = $5,400
Total amount = Principal + Simple Interest = $10,000 + $5,400 = $15,400
The amount Kimberly withdrew with simple interest is $15,400.
(b) To calculate the amount Kimberly withdrew with interest compounded annually, we use the formula:
Compound Interest = Principal × (1 + Rate)^Time.
Principal = $10,000
Rate = 6% = 0.06
Time = 9 years
Compound Interest = $10,000 × (1 + 0.06)^9 = $10,000 × 1.68947 ≈ $16,894.70
The amount Kimberly withdrew with interest compounded annually is $16,894.70 (rounded to 2 decimal places).
Note: The question is incomplete. The complete question probably is: Kimberly Altidore invested $10,000 at 6% annual interest, and left the money invested without withdrawing any of the interest for 9 years. At the end of the 9 years, Kimberly withdrew the accumulated amount of money. (a) What amount did Kimberly withdraw, assuming the investment earns simple interest? The amount Kimberly withdrew (b) What amount did Kimberly withdraw, assuming the investment earns interest compounded annually? (Round answer to 2 decimal places, e.g. 25.25.) The amount Kimberly withdrew $
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Tax rates in which the percentage of tax is the same regardless of the level of income is MOST LIKELY a
Answer:
Proportional tax system
Explanation:
A proportional tax system levies an equal tax rate on everyone regardless of their income level. It is also known as the flat-rate tax because it treats the wealthy, middle class, and low-income earners equally. The proportional tax system simplifies tax filing as the same tax rate will apply to everyone.
The proportions tax system contrasts with the progressive tax system, which bases the tax rate on the taxpayer's income.
How can you reduce the chances of tractor runovers and collisions?
Make yourself as visible as possible on the road by using flashing lights and reflecting surfaces. The farther away a driver can see you, the better; drivers sometimes underestimate how slowly a tractor travels compared to them.
Whenever possible, hug the side of the road. gives impatient or delayed responders extra room to avoid a collision with you.
When a driver makes a mistake or isn't paying enough attention, this is what happens. Fortunately, no one was seriously hurt in this incident.
Without proper training, highly monitored operation, and ongoing supervision, we won't allow anyone to operate a tractor.
Inexperienced drivers are typically to blame for tractor safety problems. More and more individuals are relocating to rural areas from the suburbs. They purchase a few acres of rural property, and one of the first things they do is buy a tractor. Then they drive it like a Suburu for commuting, purchase the incorrect tools, use the incorrect gear, etc.
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Virtue ethics places great focus on which of the following
Answer:
character i think.
Explanation:
richard is reading over his title policy. it states that it will not cover any overlapping of improvements. is this standard in texas?
Title policy coverage in Texas and coverage for overlapping improvements
The standard title policy in Texas won't cover any overlapping of improvements. Therefore, Richard's policy is not any different from the standard one. So, it is standard in Texas.
A title policy is a form of insurance coverage that offers protection to property owners, buyers, and mortgage lenders from unforeseen title defects. In Texas, title policies are provided by title insurance companies regulated by the Texas Department of Insurance.
Types of Title Policy in Texas
The standard Texas title policy coverage includes two types of title policies:
Owner's Title Policy: The owner's title policy offers protection to the homeowner against title problems. The coverage provided is for the amount of the home's purchase price. This policy lasts as long as the owner or his heirs hold the title to the property.Lender's Title Policy: A lender's title policy offers coverage to the lender to secure their investment in the property. This policy's coverage is the amount of the mortgage loan, and it lasts until the mortgage loan is paid off.Title policy coverage exclusions
The Texas Department of Insurance provides a standard title policy that includes different coverage exclusions. Among the many exclusions, here are the coverage exclusions related to improvements:
Unrecorded liens and rights of parties in possessionOverlapping improvements and conflicts in boundary linesImprovements made after the effective date of the title policyUnauthorized alterations and encroachmentsEncroachments that affect the property's use or enjoyment by the owner, including those caused by neighbors or governmental entitiesBottom Line- The standard title policy in Texas won't cover any overlapping of improvements. Therefore, Richard's policy is not any different from the standard one.To know more about the "standard title policy": https://brainly.com/question/14662950
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a model nascar race car lists for $80.06 with a trade discount of 40%. what is the net price of the car?
The net price of the car is 32.24. A trade discount is the difference between the cost of goods or services sold in a commercial setting. Small businesses can save money by utilizing trade discounts when acquiring products or services from vendors.
What is trade discount?The term "trade discount" refers to a discount that a seller offers to a buyer of a product in the form of a price decrease. Trade discounts are provided to boost product sales and give customers the impression that they are obtaining the greatest deal.
Net price=80.6*40/100=32.24
A trade discount is the difference between the cost of goods or services sold in a commercial setting. Small businesses can save money by utilizing trade discounts when acquiring products or services from vendors. To qualify for the trade discount, many suppliers mandate that small business payments be made within a certain window of time.
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verizon is thinking about building a new set of cell towers. the cost of building these towers today would be 195 million dollars. the new towers would then increase future cash flows by 38 million dollars in year 1, 60 million dollars in year 2, 97 million dollars in year 3, and 112 million dollars in year 4. suppose the cost of capital is 13%. what is the profitability index of this project?
The profitability index of this project is 1.074.
The profitability index of a project is calculated as the present value of its future cash flows divided by its initial cost. The cost of building the new cell towers is $195 million and the cash flows are $38 million in year 1, $60 million in year 2, $97 million in year 3, and $112 million in year 4.
Therefore, we need to calculate the present value of each of these cash flows and then add them up. To calculate the present value of future cash flows, we use the formula:
PV = CF / (1 + r)^n
where PV is the present value of the cash flow, CF is the cash flow in a future period, r is the cost of capital, and n is the number of years in the future.
Using this formula, we get:
PV of year 1 cash flow = $38 million / (1 + 0.13)^1 = $33.63 million
PV of year 2 cash flow = $60 million / (1 + 0.13)^2 = $46.58 million
PV of year 3 cash flow = $97 million / (1 + 0.13)^3 = $64.90 million
PV of year 4 cash flow = $112 million / (1 + 0.13)^4 = $64.63 million
Now, we add up these present values to get the total present value of future cash flows:
Total PV of future cash flows = $33.63 million + $46.58 million + $64.90 million + $64.63 million= $209.74 million
Finally, we divide this by the initial cost of the project to get the profitability index:
Profitability index = Total PV of future cash flows / Initial cost= $209.74 million / $195 million= 1.074
Therefore, the profitability index is 1.074.
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Economists assume that people are rational in the sense that.
1. Lisa Company is preparing a cash budget for June. The company has$120,000cash at the beginning of June and anticipates$300,000in cash receipts and$345,000in cash disbursements during June. Lisa Company has an agreement with its bank to maintain a cash balance of at least$100,000. As of May 31 , the company owes$150,000to the bank. To maintain the$100,000required balance, during June how much the company should borrow?(20p)
a) Borrow$45.000
b) Borrow$25.000
c) Borrow$100.000
d) Borrow$75.000
This is not enough to meet the required cash balance of $445,000. Therefore, the company will need to borrow:$445,000 - $420,000 = $25,000 Therefore, the answer is option (b) Borrow $25,000.
What is cash ?Cash refers to physical currency and coins, as well as balances in bank accounts that can be accessed immediately or within a short period of time. It is a liquid asset that individuals and businesses use to pay for goods and services, as well as to settle debts and obligations. Cash is an important component of a company's financial health, and managing cash effectively is crucial for its survival and growth. Cash flow refers to the movement of cash in and out of a company, and cash management involves monitoring and optimizing the inflow and outflow of cash to ensure that a company has enough liquidity to meet its financial obligations.
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Besides pricing and issues directly related to costs, what are at least two other considerations you would need to think about before marketing a product in multiple countries?
Imagine you are a board game creator with a great new idea, but little business experience. What are some of the benefits you could get out of going to a board game conference or convention?
Craft a short (three or four sentence) sales pitch with you as the product—that is, some service you offer, or maybe selling yourself as an employee. To help create the message, imagine you happened to be entering an elevator the same time as the potential customer/client/employer. What could you say in the short time it takes to go between a few floors to convince them to “buy” what you are offering?
You are opening a store that sells children’s hiking gear, aimed especially at very small children (preschoolers). What kind of brand could help you increase sales? What kind of logo might you use? Who is, ultimately, your target audience?
60 IF you answer these questions ASAP
EXPLAIN YOUR ANSWERS
Answer:
Publicity, connections, promotion, tips, advice, business partners, investors, Offers.
Explanation:
Conventions and conferences for anything are always meant for meeting others like you. They are created for social connection.
Two considerations to think about before marketing a product in multiple countries are cultural differences and language barriers.
What is marketing?Marketing is the process of discovering, creating, and delivering value to a target market in the form of goods and services.
Cultural differences and language barriers are two factors to consider before marketing a product in multiple countries.
Different cultures have different values, customs, and preferences, which can influence how products are perceived and used.
Attending a board game conference or convention could provide several advantages as a board game creator with little business experience.
These events allow you to network with other game designers, publishers, and distributors while also showcasing your game to potential customers.
A brand that promotes outdoor exploration and adventure for young children could help increase sales for a store that sells children's hiking gear aimed at preschoolers.
Thus, this can be concluded regarding the given scenario.
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Which of the following is NOT a type of decision described in the segment?
Contingent decision
"Why" decision
"Whether" decision
"Which" decision Thing
Among the listed decisions, contingent decisions are not a type of decisions described in the segment since they are decisions already made
What is decision-making?Decisions making are choices that are made among different choices that are placed before an individual.
Some of the decision styles that are crucial to an individual or business include:
DirectiveAnalytical ConceptualBehavioralAmong the listed decisions, contingent decisions are not a type of decisions described in the segment since they are decisions already made but on hold pending the occurrence of a certain event or occurrence.
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→Define Production trade-offs.
(in Economics)
*Understandable definition*
\(Question\)
→Define Production trade-offs.
(in Economics)
Answer:
In economics, a trade-off is defined as an "opportunity cost." For example, you might take a day off work to go to a concert, gaining the opportunity of seeing your favorite band, while losing a day's wages as the cost for that opportunity.
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-xXxAnimexXx-
aMaZon is taking forever to ship my tablet. answer with problems you've had with aMaZon
Answer:
did you check the shipping date? Has it changed?
Healthcare, paid time off, disability insurance, and matching contributions to a retirement account are all types of_______ available from your employer.
1)benefits
2)deductions
3)pensions
4)allowances
Answer:
1)benefits
Explanation:
Benefits are items or things that improve the well being of employees. Apart from salaries, an employer may extend other benefits to workers to motivate them to work harder and to show their concern for their well-being. Benefits may be in monetary or non-monetary form.
Healthcare, paid time off, disability insurance, and matching contributions to a retirement account are some of the benefits employers may extend to employers. They make the job more attractive to employees. Employers use salaries and benefits to attract and retain the best workers.
"Development has a negative impact on our environment" Motivate why you agree with the
statement
[8]
industrial lead to water pollution
I will give brainlest please help.
Answer:
Errrr, I mean I forgot most of this :p
Explanation:
Sorry :c
Information related to Harwick Co. is presented below.
A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4
Answer:
A.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
Cr Cash $19,600
Cr Merchandise inventory $400
B. Dr Accounts payable $20,000
Cr Cash $20,000
Explanation:
A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
($23,000-$3,000)
Cr Cash $19,600
[$20,000*(100%-2%)]
Cr Merchandise inventory $400
($20,000-$19,600)
B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.
May 4
Dr Accounts payable $20,000
Cr Cash $20,000
($23,000-$3,000)
zuki's common fixed expenses were $25,000 last year. if operations in the rural sales territory would have been discontinued at the beginning of last year, how would this have changed the net operating income of azuki corporation as a whole?
If operations in the rural sales territory were discontinued at the beginning of the year, the net operating income of Azuki Corporation as a whole would have changed significantly. This is due to the fact that fixed expenses do not change when operations are discontinued. It is the variable expenses that are influenced by this decision.
The net operating income will be affected by the following factors: Reduced revenue as a result of discontinuation of operations. Reduced cost of goods sold (COGS) due to the reduction in product sales. Variable costs are reduced by discontinuing operations, such as wages and salaries for employees, insurance and utility costs, and more. Therefore, in order to calculate the net operating income for the year, we need to deduct the variable expenses from the revenue: Net Operating Income (NOI) = Revenue - Variable Expenses. The result is that the net operating income would have decreased if Azuki Corporation had discontinued operations in the rural sales territory at the beginning of the year. In conclusion, the net operating income would have decreased because the reduction in revenue would have been greater than the reduction in variable expenses.
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A letter of credit reduces credit risk to the exporter by: a) Allowing the exporter to ship any product they have available to the importer
once the letter of credit is received.
b) Requiring the importer to pay all of the banking charges for the letter of credit. c) Allowing the importer to accept more than they ordered and that is identified in
the letter of credit. d) Requiring the importer to pay should the exporter comply exactly with the terms
and conditions of the letter of credit.
A letter of credit reduces credit risk to the exporter by requiring the importer to pay should the exporter comply exactly with the terms and conditions of the letter of credit.
A letter of credit serves as a guarantee of payment issued by a bank on behalf of the importer. When the exporter receives a letter of credit, it provides assurance that they will receive payment as long as they fulfill the terms and conditions stated in the letter of credit. This reduces the credit risk for the exporter because they can rely on the bank's commitment to make the payment on behalf of the importer.
The other options mentioned in the question are not accurate in terms of reducing credit risk. Allowing the exporter to ship any product they have available (option a) or accepting more than what is ordered (option c) could increase the risk of non-payment or disputes. Requiring the importer to pay all banking charges (option b) is not directly related to reducing credit risk but rather a cost allocation. Therefore, option d is the correct answer as it directly addresses the risk reduction aspect of a letter of credit.
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All of the following budgets are prepared by merchandising companies except a) manufacturing overhead. b) capital expenditures. c) budgeted income statement d) cash.
All of the following budgets are prepared by merchandising companies except Manufacturing overhead.
The correct option is (a)
Merchandising:In business and finance, merchandising is a form of business where the Merchandiser buys ready-to-sell items and sold them at a profit. Merchandisers usually work closely with the customers.
The creation of a predetermined overhead rate for the variable element of the company overhead is necessary when using the contribution approach to budgeting. Divide your monthly overhead expenses by your total monthly sales, then multiply the result by 100 to get your overhead rate. The overhead percentage, for instance, would be roughly 16% if your business had $80,000 in manufacturing cost per month and $500,000 in monthly sales.
The correct option is (a).
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Click this link to view O*NET's Tasks section for Postal Service Mail Carriers. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common
tasks performed by Postal Service Mail Carriers? Check all that apply.
installing mailboxes
O obtaining signed receipts for mail
sorting mail
delivering mail
O supervising other mail workers
reviewing job applicants
Done
Answer:
1. obtaining signed receipts for mail
2. sorting mail
3. delivering mail
Explanation:
Postal Service Mail Carrier's main responsibility is to deliver mail to their intended receipts. The Postal Service mail carriers are the last people in the mail distribution channel. They are the people who get mail to the receipts and have them sign for it.
The Postal service mail carriers will be issued with mail, usually for a particular route. They will sort to identify the address where each mail is to be delivered. Upon arriving at the correct address, the postal service mail carrier will hand over the mail to the recipient and have them sign as an acknowledgment of receipt.
Answer:
AEF
Explanation:
Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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The marketing team of Kyns Technologies needed more funds to carry out market research for one of its new products. The research and development team also needed funds to improve the company's existing products. The teams decided to split the company's funds so that both teams could use them, but not optimally. Which of the following concepts does this scenario illustrate? A. Despotism B. Compromise C. Repression D. Domination
Answer: compromise
Explanation:
Compromise refers to a scenario whereby a deal is made between different parties and in such scenario, each party gives up part of their demand. It simply means finding agreement through communication.
Since despite the need of the marketing team and the research team, both teams decided to split the company's funds so that both teams could use them, but not optimally. This is referred to as compromise.
Answer:
Compromise
Explanation:
When agreement is made or a conclusion is reached between tow different parties or wings, such that each of the agreeing parties has to shelve a certain part of its plans or demand in other to reach a reasonable conclusion. This idea shelving or cutting down on intention or projects by each party is called compromise. In the scenario, both the marking and research and development teams needed funds, however, due to inadequate provision, they had to agree on rationing what is available even though an optimal usage would be very unlikely.