5 Incomes which are deductable :
Public Provident Fund (PPF)Life Insurance PremiumsBank Fixed DepositsNational Savings CertificatesSenior Citizens' Savings SchemeTax deduction refers to the claim made to reduce taxable income, which arises from various investments and expenses incurred by the taxpayer. Therefore, deducting income tax reduces the overall tax burden. It is a type of tax benefit that helps you save taxes. However, the amount of tax you can save depends on the type of tax benefit you claim.
Different Types of Tax Deductions in India
You can reduce your taxable income by maximizing your deductions. There are many investment options and types of expenses that can help you earn a deduction on your taxable income. The Indian Income Tax Act provides several provisions for this. Some of the incomes are mentioned below which tax deductible:
Public Provident Fund (PPF) By contributing to your PPF fund, you can get tax deduction under Section 80C, Indian Income Tax Act, 1961.Life Insurance Premiums You can get income tax deduction for premiums on life insurance policies for self, spouse and child under section 80C of the Income Tax Act of India, 1961. The amount received on maturity of the policy is not and taxes. However, it is subject to the terms and conditions mentioned in your policy.National Savings Certificates (NSC) The amount invested in NSC is eligible for tax deduction under section 80C of the Income Tax Act of India, 1961. National Savings Certificates are one of the most popular investment options in India. However, the interest earned from NSC is taxable. As NSC is an accumulation scheme, it is reinvested and is eligible for tax deduction.Bank Fixed Deposits (FDs) You can get tax deductions by investing in fixed deposits for a period of 5 years, under section 80C of the Indian Income Tax Act, 1961. Many banks in India offer fixed deposits of tax savings. However, interest accrued on FDs is subject to tax.Senior Citizens' Savings Scheme (SCSS) Senior Citizens can get tax relief by investing in the Senior Citizens' Savings Scheme offered by banks. These schemes are eligible for tax deduction under section 80C of this Act. The profits from these schemes are completely taxable.For more such questions on Tax Deduction:
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How does technology help consumers make purchasing decision effectively?
More than ever,consumers and businesses are interconnected.No matter what they are doing, people can use cellphones to explore things, inquire about sales, and make purchases.
How does technology aid consumers in making wise purchasing decisions?Due of the impact of customer behavior on brands, there is a significant amount of e-commerce and online marketplaces nowadays. People prefer to deal with entities, such as information or software, that make them feel as though their preferences and interests are taken into account. Customers will be able to find the answers they require more quickly if intuitive automation and automated self-service are combined.
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Approximately 2.5% of those who adopt a product do so almost immediately after the product is launched. These people are called ____________.InnovatorsEarly adopterEarly majorityCompatibility
Approximately 2.5% of those who adopt a product do so almost immediately after the product is launched. These people are called a) Innovators.
The initial users of a new product are innovators. They naturally take risks and are intrigued by the potential of novel concepts and fresh approaches.
Innovations are typically more expensive than other types of adopters since items are typically more expensive when they are first released (although certain products do defy this pattern) (though in some cases they may adopt products in a very narrow field and devote much of their financial resources to this adoption).
Innovators frequently have a connection to the scientific field where a new product originates, and they frequently network with other innovators in the product categories they choose.
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why is cooperative skill important in good trade? give the reasons..
Answer:
Team cooperation encourages employees to work together for the benefit of the organization. It reduces the desire of employees to complete against each other,which often never good for the business,and instead focus on working together to achieve a common goal.
15. Why is unemployment a closely watched figure by the government?
16. Briefly explain the connection between a person’s level of education and his or her potential for employability and earnings.
Economics
Implementing and executing strategy successfully requires Implementing and executing strategy successfully requires:______________
A. the same kinds of creative management talent and innovative thinking capabilities as crafting strategy.
B. a financially driven process aimed at squeezing the most profit out of conducting daily operations.
C. the efforts of a company's whole management team, not just a few senior managers
D. a high caliber CEO that possesses the business vision, industry and competitive analysis skills, and entrepreneurial creativity needed to navigate the competitive landscape.
E. less managerial expertise and effort to perform well, at least in comparison with crafting a winning strategy.
Answer: C. . the efforts of a company's whole management team, not just a few senior managers
Explanation:
Planning, implementing and carrying out strategies requires a careful, collective and calculative decision to be made by all head of department and the board of an organization, because the decision taken will rub off through these departments for implementation. The decision or choice of decision should not be left to a few persons in the organization because when the ideas and plans are arranged the execution may fail as all the respective department were not involved by their heads.
This is a receipt for a purchase made at a restaurant in
Sacramento, California.
The total cost of the food and drinks before taxes was
The buyer paid vin sales tax.
Based on the receipt, Sacramento has a sales tax rate
of
Answer:
10.00 , .85 , 8.5
Explanation:
Answer:
This is a receipt for a purchase made at a restaurant in Sacramento, California.
The total cost of the food and drinks before taxes was
✔ $10.00
.
The buyer paid
✔ $0.85
in sales tax.
Based on the receipt, Sacramento has a sales tax rate of
✔ 8.5%
.
Increased flexibility in scheduling has become an important benefit for employers to offer because of: multiple select question. the increase in two-income families employer tax deductions the increase in single parent homes the increase in the birth rate
The Increased flexibility in scheduling has become an important benefit for employers to offer because of increase in single parent homes and the increase in two-income families.
What is the meaning of Scheduling ?
In a production process or manufacturing process, scheduling is the process of organizing, managing, and optimizing work and workloads.
Scheduling is used to distribute resources for equipment and buildings, prepare for human resources, organize work processes, and buy goods.
The flexible schedule must be prepared for the single parent homes and also for the two income families by the employers.
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Answer:
1. The increase in two-income families
2. The preferences of Gen X and Milennial workers
Explanation:
each employee's and each group's ongoing efforts to gather information and apply the information to their decisions in a learning organization is called
Each employee's and each group's ongoing efforts to gather information and apply the information to their decisions in a learning organization is called continous learning.
The process of consistently improving one's skills and knowledge is known as continuous learning. In the workplace, "continuous learning" is a phrase frequently used to refer to the process of acquiring new knowledge and skills while simultaneously enhancing ones already had.
The "continuous, voluntary, and identity-driven" pursuit of information for one's own or one's career is referred to as lifelong learning. It promotes social engagement, active citizenship, and personal development while also being crucial for an individual's work and productivity. One method of constant learning is signing up for further work training courses. This is a formally agreed-upon commitment made, often for a little time, in order to gain new knowledge.
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What is a benefit of investing in a certificate of deposit?
A benefit of investing in a certificate of deposit is that "You earn more interest than you would use a savings account." Option C
This is further explained below.
What is a savings account.?Generally, Visiting a branch of a bank with a form of identification authorized by the government, as well as any cash or cheques that you desire to deposit, will allow you to start a savings account.
You will also be required to provide a social security number or taxpayer identification number in addition to your address and other contact details. You can be required to establish a savings account in addition to a checking account, and the savings account might have a lower minimum deposit requirement than the checking account. Additionally, you may start a savings account with an internet bank if you so want.
Higher Interest Rates, When compared to savings accounts and money market accounts, certificates of deposit (CDs) have the potential to give greater interest rates on deposits.
This is due to the fact that you make a commitment to keep your money invested in the CD for a certain amount of time.
The annual percentage yield (APY) and the interest rate offered by the bank, as well as the length of time the certificate of deposit is held, as well as the general interest rate climate all, have a role in determining how much money you
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If the demand curve shifted more to the right on this graph, which of the following could be the new equilibrium point?
Answer:
$200
Explanation:
How do you make decision for the yourself?what are the things that you consider before making a decision
Answer: I consider what's best for me first and what would he beneficiary to others
Explanation:
Making decisions for oneself should be directed most times to growth. Questions like; "how would this affect me or how will this benefit those around me".
When we consider what benefits us and others around us we tend to make the best decision which helps out growth and bring out the best in others.
provide the R code, the R output and your comments on the output. Comment each line of your R code as well
For this exercise, the only extra package allowed is ISLR2. Consider the dataset Default in the package ISLR2. We are interested in predicting the output variable default given all other variables in the dataset as inputs using the linear probability model. Compute the training error rate (over the whole sample) of the linear probability model and compare it with the training error rate of logistic regression using the same output and input variables. Discuss the performance of the linear probability model in this dataset, in particular when compared with logistic regression. (Hint) The linear probability model is a linear regression model that is fitted using least squares. Note that default is a factor variable and may need to be transformed into a numeric variable as the function lm expects the output variable to be numeric. The function as.numeric could be used for that purpose.
The training error rate of the linear probability model is X% while the training error rate of logistic regression is Y%.
In this analysis, we are using the dataset Default from the ISLR2 package in R. Our goal is to predict the default variable using all other variables in the dataset as inputs. We compare the performance of the linear probability model and logistic regression in terms of training error rate.
To begin, we need to transform the default variable from a factor into a numeric variable. We can achieve this using the as.numeric function. Once the variable is numeric, we can fit the linear probability model using the lm function with the least squares method.
After fitting the linear probability model, we compute the training error rate by comparing the predicted values to the actual values in the training dataset. The training error rate represents the proportion of incorrect predictions made by the model on the training data.
Next, we fit a logistic regression model using the same input and output variables. Logistic regression is a popular method for binary classification problems like this. We compute the training error rate for the logistic regression model as well.
Finally, we compare the training error rates of both models. The linear probability model provides a simple approach by fitting a linear regression model, but it assumes that the relationship between the input variables and the probability of default is linear. Logistic regression, on the other hand, is specifically designed for binary classification problems and can capture non-linear relationships more effectively.
The comparison of the training error rates can provide insights into the performance of the models. If the linear probability model has a significantly higher training error rate compared to logistic regression, it suggests that the linear assumption might not be appropriate for this dataset, and logistic regression might be a better choice.
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The United States enjoys a free market economy in which _____. most economic decisions are made by the central government the states have all of the authority to make economic decisions regarding businesses that do not operate across state lines most economic decisions are allowed to occur naturally as a result of market changes made by government intervention none of the above all of the above
Answer:
none of the above
Explanation:
I think its none of the above because in free economy the businesses basically do whatever they want and government/state has little to no interference.
For an economy as a whole, income must equal expenditure because.
Income must equal expenditure because for an economy because :
Every transaction has a buyer and seller.Every dollar of spending by some buyer is a dollar of income for some seller.What is Aggregate income?Aggregate income is a form of GDP whereby income is equal to Consumption expenditure including net profits. It refers to the value of all income that suppliers of production factors receives over a specified period.
In an economy, income must equal expenditure because for every transaction, there must be a buyer and a seller. This is because every economy must have this cycle so that there will be balanced receipts and payment.
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Write Mountain Dew positioning statement and explain why you think this is a positioning statement.
Mountain Dew's positioning statement: "Mountain Dew is the bold and exhilarating soft drink that fuels adventurous spirits seeking extreme refreshment."
A positioning statement is a concise statement that defines how a brand wants to be perceived by its target audience. In the case of Mountain Dew, the positioning statement "Mountain Dew is the bold and exhilarating soft drink that fuels adventurous spirits seeking extreme refreshment" effectively communicates several key aspects.
Firstly, it captures the essence of the brand by highlighting its bold and exhilarating nature. This conveys a sense of excitement and intensity, aligning with Mountain Dew's brand image and personality. The statement also implies that Mountain Dew is not just a regular soft drink but one that stands out with its unique and daring characteristics.
Secondly, the positioning statement identifies the target audience as "adventurous spirits seeking extreme refreshment." By specifying the target market in this way, it helps create a connection with consumers who align with this mindset. Mountain Dew positions itself as a beverage that caters to individuals who seek thrills, adventure, and a sense of exhilaration in their lives.
Overall, this positioning statement effectively communicates the brand's key attributes and target audience, distinguishing Mountain Dew from other soft drinks in the market. It sets the brand apart by emphasizing its boldness, exhilaration, and appeal to those with a taste for adventure.
In conclusion, Mountain Dew's positioning statement effectively captures the brand's essence and target audience. It highlights Mountain Dew's unique attributes of boldness and exhilaration, appealing to individuals who crave adventure and extreme refreshment. This positioning statement helps differentiate Mountain Dew from other soft drink options and positions it as an exciting choice for those seeking a thrilling and energizing beverage experience.
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extract data from systems and create reliable data models and dashboards that help communicate key messages to the business.
The information is frequently represented in charts, graphs, and maps in BI dashboards, which makes it easier for stakeholders to comprehend, share, and work together on the information.
What is data dashboard ?
Business intelligence dashboard design combines charts and graphs on a single screen, giving the reader a comprehensive view of the scenario under consideration. BI dashboard tools do not have a fixed, predetermined nature; instead, they adapt to the demands of the individuals who create them by displaying metrics relevant to their role, industry, or platform.
Such dashboards can have a variety of characteristics, including a customized interface, some amount of interactivity, and the ability to pull data in real-time from numerous sources. They simplify data processing for our brain and provide readers with an at-a-glance summary of the data by allowing the user to visualize otherwise complex and dense raw data.
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Word count - 127 words
During and after a snowstorm, there will be both route and schedule changes for
the hospital employee bus. The bus will run 15 minutes early, so in the first stops
(at Artesian and Riverdale), the bus will be approximately 10 minutes early. These
stops are on a hillside, so please wait at the top of the hill, so that the driver can
stop safely. When the driver approaches, step back from the curb. The driver will
stop away from the snowdrifts on the side of the road, so next check for traffic,
walk carefully to the bus, and board from the street. Once on the bus please
proceed quickly as far back as possible so we do not block traffic. The bus will not
stop at Bellevue Square or the Stadium. Employees usually boarding at those
places will be picked up at the Eastdale Mall stop, which will be approximately 5
minutes early. The final stops, at Robinson and Clark, will be about 5 minutes
behind schedule. Ice storms may cause the shuttle service to be canceled for a
period of time. Listen to your local radio station after an ice storm. When
cancelations occur, you will receive an email announcement, and it will also be
announced on the local radio station.
The TTC has established a plan to ensure bus, streetcar, subway and Wheel-Trans service is maintained during a significant snow storm.
What is a snow storm?When wind and specific types of precipitation—such as snow, mixed snow and rain, or freezing rain—occur simultaneously at below-freezing temperatures, the phenomenon is referred to as a winter storm.
These storms can happen at any time of year in temperate continental areas, not just in the winter. They can also happen in the late autumn and early spring.
Blizzards are defined as snowstorms with high winds and other conditions that meet specific requirements. Storms that produce significant snowfall are called snowstorms.
Traffic and school transportation can be severely disrupted by just 2 inches of snow. This is especially true in areas where huge accumulating snowfalls can happen but snowstorm is not usually common.
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Which of these is a potential disadvantage of the constant connectivity enabled by mobile communication devices? a. Blurring the lines between personal and professional time. b. Losing contact with key business markets around the globe. c. Making the unethical choices more tempting. d. Reducing employees access to corporate data.
The potential disadvantage of constant connectivity that has been enabled by mobile communication devices is blurring the lines between personal and professional time. (A)
This can lead to an overlap of work and personal life, causing burnout and stress.
Continuous availability also means that employees may feel pressure to respond to work-related messages outside of work hours. This can lead to a lack of boundary between work and personal life, affecting one's overall well-being and mobile communication.
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Suppose that Barack and Michelle are duopolists. Barack is producing 300 units of output, and Michelle is producing 400 units of output. When Michelle produces 400 units, Barack maximizes profit by producing 300 units. When Barack produces 300 units of output, Michelle maximizes profit by producing 400 units. Barack and Michelle are
Answer:
Barack and Michelle are at a Nash equilibrium
Explanation:
They are at a Nash equilibrium i.e. they are producing at a point were they will be making a profit of irrespective of the strategy choose by the other firm in the market.
In a Nash equilibrium, every person in a group makes the best decision for herself, based on what she thinks the others will do
Suppose that a business incurred implicit costs of $380.000 and explicit costs of $2 million in a specific year. If the firm sold 100,000 units of its output at $27 per unit, its accounting profits were $700,000 and its economic profits were $320,000. losses were $0 and its economic losses were $320,000. profits were $380,000 and its economic profits were $0. profits were $320,000 and its economic profits were $700,000
The accounting profit and economic profit of a business are related concepts, but they are not the same thing. The accounting profit is calculated by subtracting explicit costs from total revenue, while the economic profit is calculated by subtracting both explicit and implicit costs from total revenue.
Profits were $320,000, and its economic profits were $0. First, let's calculate the total revenue that the firm earned in the given year. Total Revenue = 100,000 units x $27 per unit = $2,700,000 Next, we can calculate the accounting profit by subtracting explicit costs from total revenue. Accounting Profit = Total Revenue - Explicit Costs = $2,700,000 - $2,000,000 = $700,000Now we need to calculate the implicit costs to find the economic profit.
Implicit Costs = Economic Profit - Accounting Profit - $320,000 - $700,000 = -$380,000The negative sign indicates that implicit costs are greater than zero. This means that the firm is not covering all of its opportunity costs and is not earning a positive economic profit. Finally, we can calculate the total costs as the sum of explicit and implicit costs. Total Costs = Explicit Costs + Implicit Costs = $2,000,000 + $380,000 = $2,380,000.
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How long after taxes are accepted will they be deposited?.
Click this link to view O*NET’s Skills section for Foresters.
Note that common skills are listed toward the top, and less common skills are listed toward the bottom.
According to O*NET, what are common skills needed by Foresters? Select five options.
speaking
troubleshooting
monitoring
equipment maintenance
complex problem-solving
coordination
repairing
critical thinking
Answer:
speaking
monitoring
complex problem-solving
coordination
critical thinking
Explanation:
Answer:
Explanation:
speaking
monitoring
complex problem-solving
coordination
critical thinking
____________ and _____________ are both data reporting outputs that contain data visualization.
Dashboards and reports are both data reporting outputs that contain data visualization.
What are these types of reporting outputs?A dashboard is a graphical user interface that displays data in a visual format, often using charts, graphs, and other data visualization tools. It allows users to quickly and easily monitor key performance indicators (KPIs) and metrics in real-time.
A report, on the other hand, is a document that presents information in an organized and structured manner, often including tables, charts, and other visual aids to help readers understand the data. Reports are typically more static and provide a more detailed analysis of data over a specific period of time.
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Describe entrepreneurship. How is it different than working for someone else?
How does entrepreneurship affect you? How does it affect the economy?
It is the study of process involved in identifying a business opportunity and acquiring the necessary resources to start and run the business
~It has created employment
~It has reduced rural-urban migration since some businesses have been set up in Rural areas.
~Saving imports since goods can be locally produced reducing the cost of importing them
~It has raised people's standard of living since one can acquire goods he/she can't produce
~The government can earn there revenue from taxation of the businesses set up by the entrepreneurs
The entrepreneur is the person involved in entrepreneurship.He/she can be the employer of his/her business.Thats what makes it different from being employed/working for someone else.We can say Bill Gates is an entrepreneur since he started Microsoft
Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36
Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.
To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:
The flat-rate disability amount is $496.36 per month.
The maximum monthly disability benefit is $1362.30.
Krishna's entitlement to a CPP retirement benefit is $660 per month.
To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:
The disability benefit will be the lesser of:
The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.Let's calculate the disability benefit based on the above formula:
Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)
= min($660, $496.36 + $660 - $496.36)
= min($660, $660)
= $660
Therefore, Krishna will receive a disability benefit of $660 under the CPP.
Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36
Assume that there are eight similar-sized companies in an industry and you are the CEO of one of the companies. Your company is not at risk of going bankrupt and is generally earning the same profits over time as six of the other companies, but there is one company that has been growing in market share over the last five years and is averaging a noticeably higher profit than the rest of the companies in the industry. From the perspective of your company, which of the four basic types of competencies best describes your company's overall situation? (03) None of the Above Deficiency Distinctive Competency Incompetency Core Competency
From the given options, the best description that fits your company's overall situation is "Core Competency." This implies that your company possesses a unique strength or advantage that sets it apart from the others, even though one company in the industry has been growing its market share and profit.
Your company is not at risk of bankruptcy and consistently earns similar profits to six other companies in the industry. This suggests that your company possesses a set of unique strengths and capabilities that allow it to compete effectively. While there is one company experiencing higher profits and market share growth, it does not necessarily indicate a deficiency or incompetence on your part. Core competency refers to the specific areas where your company excels and differentiates itself from competitors, enabling sustained success. It implies that your company has identified and leveraged its strengths to maintain a competitive position within the industry. In this scenario, your company's core competency lies in maintaining stability and profitability while effectively competing with other firms. While the growing company may have a distinctive competency in terms of higher profits, it does not imply inadequacy on your part. By focusing on your core competencies, you can continue to sustain your business and explore potential avenues for growth and improvement.
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rick just left his company of 25 years to go to work for a competitor. rick’s change in jobs reflects which aspect of the work-retirement relationship? quizlet
Rick's change in jobs reflects the aspect of the work-retirement relationship known as "job mobility." Job mobility refers to an individual's ability to switch jobs or employers during their career. In Rick's case, he left his company of 25 years to work for a competitor, indicating that he exercised his job mobility.
Job mobility is a common aspect of the work-retirement relationship, where individuals have the freedom to change jobs or employers based on their personal or professional goals. This aspect allows individuals to explore new opportunities, gain new experiences, and potentially improve their job prospects or financial situation. In Rick's situation, he made the decision to leave his company of 25 years and join a competitor. This indicates that he took advantage of his job mobility and opted for a new opportunity that he believed would be beneficial to his career growth or other personal factors.
It's important to note that job mobility can have various motivations, including seeking higher salaries, career advancement, better work-life balance, or a desire for new challenges. Each individual's reasons for changing jobs may vary, but the common thread is the exercise of job mobility in the work-retirement relationship.
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alternative sources of start-up funding available to young South African entrepreneurs
The sources of capital that are available to the young entrepreneurs in South Africa would be:
grantsIDF CapitalFinance agenciesLulalend Business Funding.What is meant by finance capital?This is the term that is used to refer to the money that a person would need in order to be able to start a business. It is the money that is needed to get things in an operational form.
The lack of capital is one of the issues that face the growth of the entrepreneurial business world in South Africa as a lot of people do not have the money with which to build on.
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mention any five methods of doing off season vegetables farming,
Answer:
the methods of doing off season vegetables farming are:-
Taking use of and utilising various agro-climatic conditionsImproved varieties are chosen.Adjustment of planting time.Making plastic tunnels, polythene houses, and permanent glass houses to provide controlled environmental conditions.which part of the marketing mix gets the most attention from producers and manufacturers
The marketing mix is composed of four Ps: product, price, place, and promotion. While all four are important, producers and manufacturers tend to focus most on the product aspect. This is because a successful product is the foundation of any marketing strategy.
Producers and manufacturers invest a great deal of time, effort, and money into researching and developing new products, improving existing ones, and ensuring that they meet the needs and wants of their target market. Once the product is in place, the other Ps can be adjusted accordingly to create a well-rounded marketing plan. However, without a strong product, the other elements of the marketing mix may not be as effective.
Manufacturers focus on aspects such as design, features, performance, and packaging to ensure their product stands out in the market. While the other components of the marketing mix are important, the product is the foundation upon which pricing, promotion, and distribution strategies are built.
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