Jumbo Ring-O, a company that produces cereal product, changed the colors of its packaging box from dark brown to a bright red with yellow highlights in order to attract more consumers, usually children between age group of four to twelve years old. Which of the following factors was used by Jumbo Ring-O to improve its sale?
A) Contrasting stimuli
B) Size of stimuli
C) Intensity of stimuli
D) Surprising stimuli\
Answers
Jumbo Ring-O, a company that produces cereal product, changed the colors of its packaging box from dark brown to a bright red with yellow highlights in order to attract more consumers, usually children between age group of four to twelve years old. The factor used by Jumbo Ring-O to improve its sale is Contrasting stimuli.
What is Contrasting Stimuli? Contrasting Stimuli can be described as differences in characteristics that make things stand out. Contrast is used in advertising to attract attention, create emphasis, and attract the eye to the most important parts of a message. The color of the packaging box is critical since it will attract more customers to your product. Customers are drawn to bright colors and designs, and children are no exception.
A well-designed packaging box should be both visually appealing and informative. Jumbo Ring-O, a company that produces cereal product, has used contrasting stimuli to improve its sales by changing the color of its packaging box.
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Related Questions
Two reasons why collateral is important to a borrower
Answers
The reasons why collateral is important to a borrower are:
It serves as borrower's credit worthiness .Collateral minimizes the risk for lenders.What is Collateral?Collateral can be regarded as item of value that is been used to secure a loan.
In a case whereby a borrower defaults on the loan,it is possible for lender to seize the collateral and sell it to recoup its losses. Banks require collateral on certain types of loans.
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Last month, corporations supplied $250 billion in bonds to investors at an average market rate
of 11. 8%. This month, an additional $25 billion in bonds became available, and market rates
increased to 12. 2%. Assuming a Loanable Funds Framework for interest rates, and that the
demand curve remained constant, derive a linear equation for the demand for bonds, using
prices instead of interest rates
Answers
Answer:
Explanation:
To derive a linear equation for the demand for bonds using prices instead of interest rates, we need to convert the interest rates into prices. We can do this by using the loanable funds framework, which states that the interest rate is determined by the intersection of the supply and demand curves for loanable funds. In this case, the loanable funds are bonds.
Let's start by converting the interest rates into prices. The price of a bond is simply the present value of the future cash flows it generates, discounted at the market interest rate. Therefore, we can calculate the price of a bond using the following formula:
Price = Coupon Payment / (1 + Market Interest Rate)^n + Coupon Payment / (1 + Market Interest Rate)^(n-1) + ... + Coupon Payment + Face Value / (1 + Market Interest Rate)^n
where Coupon Payment is the annual coupon payment, n is the number of years until maturity, and Face Value is the face value of the bond.
Using the given data, we can calculate the prices of the bonds last month and this month as follows:
Last month:
Price = 250 / (1 + 0.118)^1 + 250 / (1 + 0.118)^2 + ... + 250 / (1 + 0.118)^n + 1000 / (1 + 0.118)^n
Price = 2144.37
This month:
Price = 25 / (1 + 0.122)^1 + 25 / (1 + 0.122)^2 + ... + 25 / (1 + 0.122)^n + 1000 / (1 + 0.122)^n
Price = 2136.87
Now that we have the prices of the bonds, we can use them to derive a linear equation for the demand for bonds. We know that the demand curve for bonds is downward sloping, meaning that as the price of bonds increases, the quantity demanded decreases. We can express this relationship using a linear equation of the form:
Qd = a - bP
where Qd is the quantity demanded, P is the price of bonds, a is the intercept, and b is the slope.
Using the values from the previous calculation, we have:
b = (Q1 - Q2) / (P2 - P1)
b = (1250 - 250) / (2136.87 - 2144.37)
b = -100
Substituting the value of b into one of the demand equations, we can solve for the intercept, a. Let's use the first equation:
Q1 = a - bP1
250 = a + 100(2144.37)
a = -212,887.5
Therefore, the correct linear equation for the demand for bonds using prices instead of interest rates is:
Qd = -212,887.5 - 100P
This equation shows that the quantity demanded of bonds decreases as the price of bonds increases.
In a SFAS Matrix,
a.all strategic factors are weighted equally.
b.the number of strategic factors can become unmanageable.
c.the same criticisms found in the SWOT Matrix are replicated.
d. a factor may be listed as both a strength and a weakness.
e.only internal strategic factors are included.
Answers
In a SFAS (Strategic Factors Analysis Summary) Matrix:
a. All strategic factors are not weighted equally. Each factor is assigned a weight based on its importance to the organization's success.
b. The number of strategic factors can indeed become unmanageable if not properly prioritized. It is crucial to focus on the most critical factors for success.
c. The SFAS Matrix shares some criticisms with the SWOT Matrix, as they both involve subjective analysis of internal and external factors. However, the SFAS Matrix is considered more comprehensive as it incorporates weightings and ratings for each factor.
d. A factor may be listed as both a strength and a weakness in a SFAS Matrix, depending on the specific situation and context in which the factor is being analyzed.
e. The SFAS Matrix includes both internal and external strategic factors, unlike the statement suggesting that it only includes internal factors. This allows for a more comprehensive analysis of the organization's strategic position.
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The geometric average annual return for a large capitalization stock portfolio is 10% for ten
years and 6% per year for the next five years. The geometric average annual return for the entire
15 year period is ________.
A) 9.08%
B) 8.65%
C) 8.22%
D) 9.52%
Answers
Answer:
B) 8.65%
Explanation:
Geometric Average Return = [(1 + r1) * (1 + r2) * - - - - - * (1 + rN)]1/N - 1
Geometric Average Return = [(1 + 0.10)^10 * (1 + 0.06)^5]^1/15 - 1
Geometric Average Return = [1.10^10 * 1.06^5]^1/15 - 1
Geometric Average Return = [2.59374*1.33823]^1/15 - 1
Geometric Average Return = (3.471021)^1/15 - 1
Geometric Average Return = 1.08650188155 - 1
Geometric Average Return = 0.08650188155
Geometric Average Return = 8.65%
Jorge is a customer service associate in an upscale supermarket. The monetary payment he receives in exchange for performing his job is referred to as _______. Multiple choice question
Answers
Jorge's monetary payment for performing his job as a customer service associate in an upscale supermarket is his salary or wage.
A salary is a fixed amount of money paid to an employee on a regular basis, usually bi-weekly or monthly, whereas a wage is usually an hourly rate paid to an employee for the hours they work.
The purpose of the monetary payment is to compensate Jorge for his time and effort spent in performing his job duties, as well as to provide him with financial stability and security.
The amount of his salary or wage is determined by a variety of factors, including his level of experience, job responsibilities, market demand for his skills, and company policies.
Jorge's compensation package may also include benefits such as health insurance, retirement plans, and paid time off, which add to the overall value of his compensation.
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Which of the following ways is not something you can do to protect yourself against sending payments to the wrong person when using a p2p payment app or service
Answers
Use a PIN to access your P2P app or service. In this way we can do to protect ourselves against sending payments to the wrong person when using a p2p payment app or service.
What is P2P app or service?
Peer-to-peer services are platforms that link participants to a transaction directly, cutting out the middleman.
Peer-to-peer services use technology to reduce the transaction costs associated with asymmetries in information, enforcement, and trust that have historically been handled by relying on third intermediaries.
Peer-to-peer systems provide its customers with services including money processing, buyer and seller data, and quality assurance.
File-sharing platforms, such the music-sharing programme Napster, which debuted in 1999, helped popularise the peer-to-peer model of today. Millions of internet users were able to immediately connect, establish groups, and work together through the peer-to-peer movement to construct their own search engines, virtual supercomputers, and file systems.
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to determine the amount of government spending that will return the economy to potential gdp/full employment, it is important to remember that in equilibrium:
Answers
If an economy's current real GDP is higher than its output at full employment, it is considered to be in a boom. If current output is equivalent to what is needed for full employment, then.
How do you determine the real GDP equilibrium level?Y = AE is the Keynesian prerequisite for determining equilibrium real GDP. The diagonal, 45° line with the notation Y = AE in Figure serves as a symbol for this equilibrium condition. The 45° line and the AE curve must intersect for the real national income or GDP to be equal to the level of equilibrium.
What relationship does the GDP at equilibrium have to the GDP at maximum employment?If the current real GDP of an economy is less than the output at full employment, then that economy is in a recession. When there is full employment, the economy is booming if the current real GDP exceeds. If the current output is equal to the output at full employment, the economy is said to be in long-run equilibrium.
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The transnational strategy is becoming increasingly necessary to compete in international markets for all of the following reasons EXCEPT:
a.differences in culture and institutional environments also require firms to adapt their products and approaches to b.local environments.
c.it is easy to use.
d.the growing number of competitors heightens the requirements to keep costs down.
e.the desire for specialized products to meet consumers' needs.
Answers
The correct answer is c. It is easy to use. The transnational strategy involves balancing global integration and local responsiveness to gain a competitive advantage in international markets.
Differences in culture and institutional environments often require firms to adapt their products and approaches to local environments, and the desire for specialized products to meet consumers' needs is another reason why the transnational strategy is necessary.
Additionally, the growing number of competitors heightens the requirements to keep costs down, as companies need to maintain competitive prices to remain viable in the market.
However, the transnational strategy is not necessarily easy to use, as it requires careful coordination and management of global operations and local subsidiaries.
It also involves significant investments in research and development, as well as marketing and distribution channels, to ensure that products are tailored to local markets while still maintaining a consistent global brand identity.
Therefore, the transnational strategy is becoming increasingly important for companies to succeed in international markets, but it is not necessarily an easy or straightforward approach to adopt.
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elements of a sucessful entreptrneu
Answers
Answer:
Get Gritty
Take Risks
Trust yourself
Hire Great Partners
Spend Time
Get Inspired
Explanation:
Get GrittyGrit is perseverance. Grit is the go-get-’em attitude that is expected of entrepreneurs. Grit is the ability to keep working when everyone tells you that you should give up.If you want to be a successful entrepreneur, you have to be gritty.Honestly, without hard work and perseverance, you’re not going anywhere in the entrepreneurial world.
Take Risks
Humans are generally risk-averse, but part of being an entrepreneur is recognizing the risks that you should take.Successful entrepreneurs take risks. It’s part of the job.Successful entrepreneurs also know which risks to take and which they shouldn’t. Learn to recognize the risks that will benefit your business and take them.
Trust Yourself
If you don’t believe in yourself, who will?Being a successful entrepreneur means that you’ve learned to listen to your intuition and rely on your wisdom when making decisions.Your ability to trust and believe in yourself will show your confidence. People are more likely to follow and trust confident leaders.Trusting in your own skills will also take some of the pain of uncertainty out of being an entrepreneur.When you feel uncertain, remember how much experience and knowledge you have.
Hire Great Partners
This one might be a little bit obvious.Successful entrepreneurs aren’t successful within a vacuum. We all have a great team and support network behind us.And hiring great partners don’t just mean someone who can do the job you’re hiring them for.Hire partners who have great character and whom you like and respect.And just as a bonus, you’re more likely to succeed with a partner than you are on your own.
Spend Time
Do you think that there’s such a thing as an overnight success? Take a closer look.Upon examination, those people and businesses that became overnight sensations and successes actually worked really hard and long for their achievements.When you think you’ve found an overnight success, check again and examine closely the hours, days, and years that went into their success.Take a look at their life, the things they learned, and how many times they failed.Successful entrepreneurs take the time that’s required to reach success. And many of them have failures along the way.If you think it’s taking too long to find success, give yourself a break.Keep plugging along, putting in the hours, and before long, you’ll be a successful entrepreneur.Just imagine looking back at all the hard work and knowing it paid off. Keep that image in your head to motivate you forward through the long, slogging hours.
Get Inspired
Being an entrepreneur is a creative pursuit. As an entrepreneur, you have to make connections, solve problems, and create new things that no one has thought of before.Creators and creatives need to be inspired.Successful entrepreneurs take time for the things that inspire them.Maybe your inspiration comes from being in an art museum, maybe it’s reading books, maybe it’s doodling —whatever it is that inspires you, do it. It’s good for your business.Successful entrepreneurs are inspired. Don’t let that magic slip for too long. Whenever you can, and definitely when you’re feeling burned out, get out there and get inspired.Inspiration is the spark for ideas. Ideas make successful entrepreneurs.
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Most modules at NMU have a required textbook. Previously, textbooks were only available through the campus bookstore, but now, these texts can be purchased from online retailers, other bookstores, or students can buy an electronic version of the text. Because of this, we can predict the price elasticity of demand for textbooks from the campus bookstore is ________.
a. increasing
b. increasing and then decreasing
c. staying the same
d. decreasing
Answers
The correct answer is: d. decreasing
The reason for this is that now textbooks are available from multiple sources, including online retailers, other bookstores, and electronic versions.
Based on the given information, we can predict that the price elasticity of demand for textbooks from the campus bookstore is decreasing.
The reason for this is that now textbooks are available from multiple sources, including online retailers, other bookstores, and electronic versions. This increased availability and accessibility of textbooks from alternative sources gives students more options to purchase textbooks at potentially lower prices than those offered by the campus bookstore.
As a result, the demand for textbooks from the campus bookstore is likely to become more price-sensitive. If the campus bookstore raises the price of textbooks, students can easily switch to alternative sources to purchase their required texts. This increased price sensitivity indicates a higher price elasticity of demand, suggesting that a change in price will have a relatively larger impact on the quantity demanded.
Therefore, the correct answer is:
d. decreasing
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Which of the following is NOT a public good provided by the government?
Answers
Electricity is not given away for free. People are charged for the goods or units of power they use. Ths it is not provided by the government as a public good.
What are public goods?
A good or service that can be consumed by one person without excluding others (national defense, flood control, street lights, open-sources software).
A good that the government offers that is both non-excludable and non-rivalrous is known as a public good.
Public goods include things like security, law enforcement, streetlights, and lighthouses. When there is a market failure, governments frequently try to supply public goods.
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how many tines in earth does the sun intersect equartor
Answers
Answer:
два
Explanation:
a man invests $5000 in an account that pays 8.5% interest per year, compounded quarterly. (a) find the amount after 2 years? (round your answer to the nearest cent.) $ 5915.98 correct: your answer is correct. (b) how long will it take for the investment to triple? (round your answer to two decimal places.)
Answers
As a result, after 33 years, the investment is worth $6,435.09
How is the value of an investment determined?Using this formula, you can use compound interest to determine the value of the future: The present value times the interest rate times n is the future value. Utilize this formula to determine the value of the future using simple interest: Future value is equal to the present value multiplied by [1] plus the interest rate multiplied by the time.
Apply the equation A(t) = P(1+r/n) nt, where:
A(t) is the investment's value after t years, t is the number of years,
The annual number of times it is multiplied by n,
p is the amount invested,
r is the annual interest rate.
To obtain: substitute
P=5000 for
r=8.5%=0.085,
n=4, and
t=3.
A(3) = 5000(1+0.085/4)4(3)
A(3) = 5000 (1+0.02125)12
A(3) = 5000 (1.02125)12
A(3) = $6,435.09
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Companies that observe religious holidays and allow workers to take breaks during the day to observe religious rites understand the ________ barriers that affect international trade.
Answers
Companies that commemorate religious holidays and permit workers to take breaks during the day to observe religious rites comprehend the social and cultural barriers that affect international trade.
What is International trade?
International trade is the term for cross-border economic activity. Consumer products like televisions and apparel, capital goods like machinery, raw materials, and food are some of the things that are frequently traded. A need or desire for commodities or services leads to the exchange of capital, goods, and services across international borders or territories. Such trade accounts for a sizable portion of the gross domestic product in most nations.
Social and cultural norms and values serve as the foundation for socio-cultural barriers that are man-made. By limiting access to information sources and provoking unpleasant emotions, they mostly have a detrimental impact on information seeking.
Social barriers, also known as social determinants of health, are factors that affect how people are born, grow, learn, work, and age and can affect how well persons with disabilities function in society. Examples of societal barriers are as follows: Disability significantly lowers the likelihood of employment.
Hence, Companies that commemorate religious holidays and permit workers to take breaks during the day to observe religious rites comprehend the social and cultural barriers that affect international trade.
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whats Alana current budget is and create a proposed budget so that she can achieve her savings goals (10 marks - TI). Assume that Alana makes $530 a month. Be sure to:
· calculate her budget surplus OR deficit is (current and proposed)
Answers
Answer:G tyyyy jhccfvvhh
Explanation:
Hjhdfuiijjhfcdrg g
an incident response report discovers a virus that was introduced through a remote host connected to corporate resources
Answers
Network access control( NAC) software allows druggies to apply programs that control access to commercial structure. To qualify for addition in the Network Access Control order, a product must
Allow druggies to apply programs for controlling access to their business's structure.
Enable druggies to cover their data from implicit outside attacks.
Allow druggies to control access to their information from a central point.
Why is NAC demanded?
NAC tools descry all bias on the network and give visibility into those bias. NAC software prevents unauthorized druggies from entering the network and enforces programs on endpoints to insure bias misbehave with network security programs.
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What are taco meat made out of my mom won’t tell me?
Answers
Answer:
beef
Explanation:
it depends on what type of taco meat but it's mostly beef
What Is NOT one of the three primary resources that farnilies have to reach financlal goals?
A.Education
B.Energy
C.Time
D.Money
Answers
Answer:
I think it would be education
Explanation:
Answer: A. Education
Explanation:
When a computer is frozen and cannot properly be shut down, manually hold down the manual power button until the computer restarts. true or false
Answers
Answer:true
Explanation:
Tammi purchases stock in vivaldi corporation. vivaldi corporation later encounters legal issues and faces significant legal claims. as a shareholder, tammi's liability is?
Answers
Tammis liability is limited to the Investment in the stock and the return made as the shareholder.
After a purchase of certain stock in any corporation, a person is likely to encounter legal issues and faces the significant legal claims becomes a part of being a shareholder.
When a company goes to close or the corporation winds up it just has the liability to its equity holders that is they need to return the investment done by the investor in the stock and where liability is completed by the corporation.
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Sites like Kickstarter, GoFundMe, and Causes are all examples of what type of altruism?
Group of answer choices
Crowdfunding
Private foundations
Service Learning
Community Service
Answers
PLEASE HELP ME!!!!! I need to know the best ways to make a small business known. I just started a small Scentsy® business with my mom. I don't do social media and my moms is mainly her private friends even though it is public.
Answers
Answer:
Buy ads and get social media
Explanation:
Coach Sieb Has a treadmill desk. Walking on the treadmill will break down her triglyceride Levels 90% faster what is the percent that it breaks down while sitting
Answers
Answer:
0%
Explanation:
Base on the scenario been described in the question, where we saw coach Seib has 90% faster breaking her triglyceride Levels while working, when sitting, she has a 0% of breaking her triglyceride Levels because no movement, there will be no breakdown in the triglyceride Levels
As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answers
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
The following events apply to Lewis and Harper, a public accounting firm, for the Year 1 accounting period:
Performed $104,500 of services for clients on account.
Performed $57,000 of services for cash.
Incurred $62,000 of other operating expenses on account.
Paid $23,500 cash to an employee for salary.
Collected $71,000 cash from accounts receivable.
Paid $26,000 cash on accounts payable.
Paid a $7,000 cash dividend to the stockholders.
Accrued salaries were $5,400 at the end of Year 1.
Required
a. Show the effects of the events on the financial statements using a horizontal statements model like the following one. In the Statement of Cash Flows column, use OA to designate operating activity, IA for investment activity, FA for financing activity, NC for net change in cash, or leave blank to indicate the element is not affected by the event. The first event is shown as an example.
b. What is the amount of total assets at the end of Year 1?
c. What is the balance of accounts receivable at the end of Year 1?
d. What is the balance of accounts payable at the end of Year 1?
f. What is net income for Year 1?
g. What is the amount of net cash flow from operating activities for Year 1?
Answers
a. See attached image
b. The amount of total assets at the end of Year 1 is $50,500.
c. The balance of accounts receivable at the end of Year 1 is $71,000.
d. The balance of accounts payable at the end of Year 1 is $26,000.
e. Net income for Year 1 is $19,000.
f. The amount of net cash flow from operating activities for Year 1 is $21,500.
a. The effects of the events on the financial statements are summarized in the table. The income statement shows revenue of $104,500, expenses of $62,000, salary expense of $23,500, and the resulting net income of $19,000. The statement of retained earnings reflects an increase in retained earnings by the net income amount. The balance sheet shows the changes in accounts receivable, accounts payable, salaries payable, and cash balances. The statement of cash flows indicates that the dividend payment of $7,000 is a financing activity and the net change in cash from operating activities is $21,500.
b. The total assets at the end of Year 1 can be obtained from the balance sheet, which is $50,500.
c. The balance of accounts receivable at the end of Year 1 is given as $71,000.
d. The balance of accounts payable at the end of Year 1 is provided as $26,000.
e. Net income for Year 1 is $19,000, which is calculated as revenue minus expenses.
f. The amount of net cash flow from operating activities for Year 1 is $21,500, as indicated in the statement of cash flows.
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You go to buy a boat and the advertised loan interest rate is
7.72% compounded monthly for 5 years. What is the
nominal interest rate?
Answers
The nominal interest rate is the interest rate that is advertised or stated, without taking into account compounding. In this case, the nominal interest rate is 7.72%.
However, it is important to note that the effective interest rate, or the actual amount of interest you will pay over the course of the loan, will be higher than the nominal rate due to the compounding of interest. The effective interest rate can be calculated using the formula:
Effective interest rate = (1 + nominal interest rate / number of compounding periods) ^ number of compounding periods - 1
In this case, the effective interest rate would be:
Effective interest rate = (1 + 0.0772 / 12) ^ 12 - 1 = 0.0804 or 8.04%
So, while the nominal interest rate is 7.72%, the effective interest rate is 8.04%.
It is important to be aware of both the nominal and effective interest rates when taking out a loan, as they will both impact the amount of interest you will pay over the course of the loan.
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bought a computer for ra 25000
double column cash book with discount and cash column
Answers
Answer:
Explanation:
41,900
June 01 Balance b/d 16,300
Answer:
41,900
June 01 Balance b/d 16,300
Explanation:
A house is constructed in a neighborhood that is substantially larger than the existing houses. Based on the value principle of ___________________, the larger house’s value will therefore be adversely affected.
a. anticipation
b. conformity
c. inadequacy
d. competition
Answers
Rosco owns a cola distributor in Germany. He wants to appeal to the local community: however, he wants to ensure that customers identify with
the product's reputation. He therefore believes ethnocentric staffing is the best staffing method for his company. Which advantage of
ethnocentric staffing will work for Rosco's business?
ОА.
It will help assemble a diverse management team with superior skills and knowledge.
OB. It will allow the managers to train on the company's business model and have control over the decisions made locally.
O c. It will allow using managers who already understand the local culture.
OD.
It will allow superior knowledge from both cultures.
Answers
Answer:
Not C
Explanation:
I guessed it and it was wrong
FORM 2 BUSINESS HOLIDAY ASSIGNMENT
1 Differentiate between
ru Business and Business Studier
(2) Trade and Commerce
Qin External and internal business environments
(in Generic and enterprise forms of competitive environment
2. Explain five Characteristics of Economic resources
3. Explain five Characteristics of good thing System
4. Explain five uses of computers in an office
5. Explorin five examples of small-scale retailers wilu Shop
6. Explain five functibus of Wholesalers
, to producers
7 Give five terms of
payments
in home trade
8. Give five advantages of sole proprietorship forms of business to
9. Give four Sources of capital for public Limited Compar
10. Give five roles of Conimersial attache's
16 Give five essential elements of Communication
12. Give five importance of Warehouse
13. Explain five trending issues in transport
14. Explain Metuels of government involvement in basica
15. Explain five barriers to effeceive Communication
Answers
Answer:
Explanation:
2.Private: Easily excluded and subtractive.
Common pool: Difficult to excluded and subtractive.
Toll: Easily excluded and jointly consumption.
Public: Difficult to exclude and jointly consumed.
3.These are hypothesized to include functional “goodness”, good infrastructure, reliability, connect-ability, versatility and benefits that overflow/overwhelm the system's scope or initial investment.
4.Some of the popular uses of computers in offices include preparation of word documents such as letters, reports, processing of work documents such as work orders and financial reports, presentation of reports and proposals to and behalf of executive and higher level office personnel, management of email services
6.(i) Buying and Assembling:
The wholesaler purchases goods in large quantities from different manufacturers and assembles them at one place and stores them in his warehouse and resell to the retailers.
(ii) Warehousing:
By preserving the goods received from different manufacturers in stores, the wholesaler performs the function of warehousing. The storage of goods is needed on account of time lag between production and consumption of goods.
(iii) Grading and Packaging:
The assembled goods are graded in accordance with their quality and packed in different containers before supplying to the retailers. In this manner, the wholesaler performs important marketing functions of grading and packing.
(iv) Transportation:
The wholesalers purchase goods from manufacturers and carry them to his godowns and then supply the same to the retailers. He may employ his own vans or hire vehicles for carrying the goods on account of bulk purchases. They can avail of economies in freight.
(v) Financing:
The wholesaler provides credit facilities to the retailers and manufacturers. They sometimes give advance to the manufacturers for the goods to be received later. By selling goods on credit they help the retailers.
7.
There are 5 types of payment methods available in international trade. These payment types are cash-in-advance, open account, documentary collections, documentary credits (letters of credit) and bank payment obligation.
8.Less paperwork to get started.
Easier processes and fewer requirements for business taxes.
Fewer registration fees.
More straightforward banking.
Simplified business ownership.
9.The main sources of funding are retained earnings, debt capital, and equity capital. These are long-term sources, medium-term sources and short-term sources.
10.Educating and advising exporters on trade regulations/practices in other countries.
Expansion and diversification of exports.
Organizing for trade fairs and exhibitions of local goods in foreign markets.
Expansion and diversification of foreign markets.
16. 5 elements of effective communication: the sender, language, environment, the receiver, and feedback. All of these elements contribute to sending and receiving a concise, clear message.
12.Warehousing allows for timely delivery and optimized distribution, leading to increased labor productivity and greater customer satisfaction. It also helps reduce errors and damage in the order fulfillment process. Plus, it prevents your goods from getting lost or stolen during handling.
13.Trend #1: Cloud-Based Systems Adoption.
Trend #2: Integrated, Frictionless Travel.
Trend #3: Visibility and Anti-Theft GPS.
Trend #4: Self-Driving Trucks.
Trend #5: Regulation Compliance.
15.There are five key barriers that can occur within a company: language, cultural diversity, gender differences, status differences and physical separation.
Hope this helped!!!