One thing that God expects us to do is to plan and this is why retirement planning is an important planning task.
Why does God want us to plan?God wants us to plan because it will help us to avoid getting into situations where we don't know what to do to make things better.
Retirement planning is one of such plans and should be done to ensure that when we grow old, we can still take care of ourselves independently.
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A firm facing a downward-sloping demand curve sells 50 units of output at $10 each. the firm's average revenue is _____
A firm facing a downward-sloping demand curve sells 50 units of output at $10 each. The firm's average revenue is $10.
Whenever the rate of a commodity decreases, new buyers enter the marketplace and start buying it. That is because they had been not able to buy it when the costs have been excessive however now they can afford it. as a result, as the price falls, the demand rises and the call for curve will become downward sloping.
Consider that a downward sloping aggregate demand curve way that because the price degree drops, the quantity of output demanded increases. Further, as the rate stage drops, the country-wide income increases.
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Services can be classified as to whether they are delivered by people or equipment, whether they are for-profit or nonprofit, and whether or not they blank______.
Services can be classified as to whether they are delivered by people or equipment, whether they are for-profit or nonprofit, and whether or not they blank delivered by people or equipment. A Nonprofit organization , also known as a non-profit organization, not-for-profit organization, or institution, is a legal entity organized and operated for a collective, public, or social benefit.
As opposed to an entity that operates as a business and seeks to profit its owners. The non-distribution constraint applies to nonprofit any revenues that exceed expenses must be committed to the organization's purpose rather than taken by the private parties.
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Since its creation in 1944, the role of the imf in the monetary and finance structure has been to?
The functions of the International monetary system in the financial and finance structure have been to help developing international locations address a variety of economic and financial crises / create an orderly worldwide financial gadget/assist participants with the stability of bills troubles on a short-term basis
The worldwide financial Fund (IMF) works to attain sustainable growth and prosperity for all its one hundred ninety member nations. The IMF was mounted in 1944 in the aftermath of the great despair of the Nineteen Thirties. 44 founding member international locations sought to construct a framework for global economic cooperation. nowadays, its membership embraces one hundred ninety international locations, with a workforce drawn from 150 nations.
The IMF monitors the worldwide financial system and international economic traits to perceive dangers and suggest regulations for boom and monetary stability. The Fund also undertakes an ordinary health check of the monetary and financial guidelines of its one hundred ninety member international locations.
The IMF's primary reason is to make certain the stableness of the global economic gadget—the device of change quotes and worldwide payments that allow nations and their residents to transact with every other. The IMF employs three principal functions – surveillance, financial assistance, and technical help – to sell the steadiness of the worldwide economic and monetary device.
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American architect __________ became known for his repetition of rectangular zones and use of asymmetrical spatial organization in his design of furniture, wallpaper, and stained-glass windows.
American architect Frank Lloyd Wright became known for his repetition of rectangular zones and use of asymmetrical spatial organization in his design of furniture, wallpaper, and stained-glass windows.
Wright was credited with developing the ‘Prairie style’ which became the dominant design of American homes in the 20th century. This style ushered in a radically new way of building modern homes.
The Prairie homes dispensed with intricate designs and arrangements, in favor of large living rooms, plain walls, and innovative indoor heating systems. The building materials and equipment used were mass-produced. Thus, these homes were cost-effective, had ample space, and were built for comfort.
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When the cost curves have u-shapes, at the point where marginal cost equals average total cost:_______
The point at which marginal cost equals average total cost (MC = ATC) is known as the break-even point.
What happens if the marginal cost curve is U shaped?
The Marginal Cost curve has a U-shaped structure because total costs and variable costs first rise at a declining rate as a firm increases output. Economies of scale and the Law of Diminishing Returns cause the marginal cost to decrease to its lowest point at this point.
What does U shaped average cost curve show?
Because all fixed costs are incurred prior to any production, the average cost curve often has a U-shape, and marginal costs are typically rising due to declining marginal productivity.
What is break even point?
The break-even threshold is reached when overall costs and total revenues are equal, leaving your small firm with no net benefit or loss. In other words, you've achieved the point in production where the revenue from a product equals the cost of manufacture.
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Commonly, the federal trade commission will receive leads about a potential antitrust violation through which avenue?
Commonly, the federal trade commission will receive leads about a potential antitrust violation through hearing consumer complaints
This is further explained below.
What is the federal trade commission?Generally, Consumers and competition are protected by the FTC through enforcing the law, advocating for the interests of consumers, and educating the public about unfair corporate practices.
In conclusion, Complaints from consumers are often the source of information for the federal trade commission concerning possible antitrust violations. the FTC Funeral Rule Offenders Program allowed funeral facilities that violated the Funeral Rule to avoid legal costs by paying into the federal or state coffers of their own will.
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Gross domestic product (gdp) increases if prices decrease by ________ and quantities produced increase by ________.
Gross domestic product (GDP) increases if prices decrease by (C) 2 percent and quantities produced increase by 4 percent.
What is Gross domestic product (GDP)?Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced by countries in a given time period. Because of its complexity and subjectivity, this metric is frequently changed before being regarded as a credible indication. Rising GDP means more employment will be created, and workers will be able to earn higher pay raises. If GDP falls, the economy shrinks, which is bad news for firms and people. A recession occurs when GDP falls for two quarters in a row, which can result in pay freezes and job losses.Gross domestic product (GDP) rises when prices fall by 2% and output rises by 4%.Therefore, gross domestic product (GDP) increases if prices decrease by (C) 2 percent and quantities produced increase by 4 percent.
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The complete question is given below:
Gross domestic product (GDP) increases if prices decrease by ________ and quantities produced increase by ________.
(A) 4 percent; 2 percent
(B) 3 percent; 1 percent
(C) 2 percent; 4 percent
(D) 3 percent; 3 percent
(E) 2 percent; 2 percent
Mia has monetary assets that total $2,500 and annual living expenses that total $12,000. what is her emergency fund ratio?
Mia has monetary assets that total $2,500 and annual living expenses that total $12,000 her emergency fund ratio is 2.50
Calculation of emergency fund ratio:
Formula;
Emergency fund ratio = Cash & cash equivalents / monthly non-discretionary expenses
Now put values in the formula;
Emergency fund ratio = $2,500 / $1,000
Emergency fund ratio = 2.50
The emergency fund ratio, or liquidity ratio, is a personal finance ratio that measures a household's ability to cover expenses from assets that can be easily converted to cash.
Calculated by dividing the household's total current assets by the household's total monthly expenses.
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_________ stimulated capitalism through the emphasis placed on hard work and thriftiness.
Protestantism stimulated capitalism through the emphasis placed on hard work and thriftiness.
Protestantism believes that it takes both good deeds and faith in God to get to heaven. Protestants believe that it is necessary to believe in God alone in order to go to Heaven, a principle known as Sora Fide. Catholics believe that it takes both good deeds and faith in God to get to Heaven. It is the main movement of Western Christianity that spread to
Protestantism believes that it takes both good deeds and faith in God to get to heaven. Protestants believe that it is necessary to believe in God alone in order to go to Heaven, a principle known as Sora Fide. Catholics believe that both good deeds and faith in God are required to get to Heaven.
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The contribution margin at the break-even point a.equals total fixed costs. b.is zero. c.is greater than variable costs. d.plus total fixed costs equals total revenues.
The contribution margin at the break-even point plus total fixed costs equals total revenues.
Option D. plus total fixed costs equal total revenues.
Divide the fixed cost by the contribution margin. The contribution margin is determined by subtracting variable costs from the price of the product. This amount is used to cover fixed costs.
At breakeven, the total contribution margin covers only fixed costs. No extra money to make profits and free cash flow. This shows the break-even point. That is when the contribution margin dollar equals the fixed cost.
The contribution margin can be stated in gross amount or by item. This represents the additional money generated for each product/unit sold after deducting the variable portion of the company's expenses.
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________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
Informational Appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
What is Informational Appeals ?It allows you to showcase the product's qualities and the benefits that a buyer will gain when using the goods. It is an effective method of persuading them that your product is something they truly require and can use. Con: Informative advertisements can be boring.
Aristotle proposed three types of argumentation arguments: logical, ethical, and emotional appeals.
Ebooks, "How-to" videos, blogs, and brochures are all examples of informational marketing because they provide a detailed description of a service or product and what makes it unique in the business.
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The data a firm can leverage is a true strategic asset when it is valuable, rare, imperfectly imitable, and non-substitutable.
a) true
b) false
The answer is option a) true.
Leverage is the ratio of a company's debt to equity that it has (its capital structure). A corporation is said to be highly leveraged if it has more debt than is typical for its sector. When consumers have options and frequently make purchases, they are more likely to remember earlier costs. This makes dynamic pricing particularly challenging. We must have an overall architecture and strategy for data before we can utilize it. It is crucial to ensure that the data models supporting the important functional domains are suitable and that data quality is consistent. Companies may transform unactionable data into valuable insights by leveraging it. Organizations must develop their ability to efficiently gather, analyze, and convey information if they are to successfully exploit data.
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This is marketing which best describes the relationship between marketing and advertising?
Advertising is a component of marketing.
Advertising is the method of figuring out customer desires and determining how great to meet those desires. In comparison, advertising and marketing are the workouts of promoting an organization and its services or products thru paid channels.
Here are some similarities between marketing and advertising: they have got similar desires to increase client attention and, in the long run, patron income. in addition, each has a goal to sell a product or service.
Advertising and marketing is a particular marketing communique interest that falls under the "promotion" detail of the traditional advertising blend -- also known as the four PlayStation of product, price, place, and promotion. sales is a broader function that's concerned with all 4 elements of the advertising and marketing blend.
The truth of the problem is, while you observe the basic functions of income and advertising teams, it comes all the way down to this: advertising is accountable for developing methods, at the same time as salespeople are chargeable for implementing strategy.
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Prepare a review of the literature on ? the balance scorecard and its links to developments in information technology? in relation to activity based costing. Review should be no longer than 1500 words. Use apa referencing style. Suggested structure although no specific structure is prescribed, you should include the following in your review of the literature. ? explanation of the balance scorecard including a brief summary of its origins. ? define the context to which you will be review the literature on bsc including the definition of any terms used ? outline the key issues identified in the literature ? outline the key findings of the literature ? any weaknesses and strengths ? your own.
An organization can discover and strengthen its internal processes with the help of a balanced scorecard, a strategic management performance indicator, to improve its external results. Based on a review of performance information from the past, organizations are given advice on how to make decisions in the future that will be more effective.
Prepare a review of the literature on the balance scorecard and its links to developments in information technology in relation to activity based costing. Review should be no longer than 1500 words.
The balanced scorecard (BSC), activity-based management (ABM), and activity-based costing (ABC) are well-known management techniques. They serve as the foundation of performance management frameworks. Resources, Activities, Products, Services, and Customers are just a few of the important business factors that ABC and ABM deliver cost and other business knowledge about. By using them, managers can make choices that enhance cost and profit performance. The BSC converts strategic objectives into a set of performance metrics that are balanced by the crucial performance characteristics. By defining success in quantitative terms at every level of the business, it facilitates communication and execution of the strategic plan. The BSC and ABC are frequently seen as separate approaches, each serving a different goal. But when combined, they are more valuable since they are complementary. The benefits of connectivity include more comprehensive decision assistance and more performance measures, for which ABC is the only reliable source. For the benefit of the BSC, ABC performance measures have been incorporated. These include the cost of activities and activity results in the BSC of public and private organizations' internal business process components. This activity information includes both significant company operations and supporting services. Private companies use ABC profit metrics by the client, market area, market segment, and distribution channel in the BSC's customer dimension. The BSC allows ABC to provide up to 20–30% of the performance measures. For instance, 22% of the data in the BSC were derived from the South's activity-based pricing model. The BSC's users profit from ABC's analytical skills. The real cost of maintaining a mile of highway, for instance, can be discovered by the manager of the transportation department to be more than the target set forth in the scorecard. The manager has access to comprehensive data via ABC regarding the tasks and materials involved in maintaining roadways. By performing a thorough "drill down" and analysis of this data in ABC, it may be possible to identify the main cause of the issue and take appropriate corrective action. Due to the invention of new measurement techniques including the Balanced Scorecard (BSC), performance prism, performance pyramid, economic value added (EVA), economic profit (EP), and self-assessment approaches, performance measurement (PM) has improved during the past 20 years. These developments may be seen as a reaction to the growing accounting issues that arise when business unit success is primarily measured using conventional financial accounting metrics like return on investment (ROI) and earnings per share (EPS). The majority of business units have intangible assets, which are assets that are not reflected on the balance sheet but which could significantly affect how successfully they run. Traditional accounting techniques ignore numerous non-financial factors in favor of focusing solely on financial performance. Additionally, these conventional financial indicators emphasize short-term performance and may provide false signals for ongoing innovation and improvement, which are crucial for today's competitive climate.
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If for good z income elasticity is greater than 1, then demand for good z is income __________, and good z is a(n) __________ good.
Good z income elasticity is greater than 1, then demand for good z is
income elastic and good z is a(n), normal good.
Income elasticity of demand refers to the sensitivity of the quantity demanded for a certain good to a change in the real income of consumers who buy this good.
The formula for calculating income elasticity of demand is the percent change in quantity demanded divided by the percent change in income. With income elasticity of demand, you can tell if a particular good represents a necessity or a luxury.
A normal good is a good that experiences an increase in its demand due to a rise in consumers income. In other words, if there's an increase in wages, demand for normal goods increases while conversely, wage declines or layoffs lead to a reduction in demand.
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When people are asked to say how many windows they have in their dwelling, the amount of time people take to come up with the answer __________.
When people are asked to say how many windows they have in their dwelling, the amount of time people take to come up with the answer depends on the number of windows.
What percentage of the population is described as gifted according to IQ standards?
No universally accepted definition of giftedness exists for either children or adults, but the majority of school placement decisions and the majority of longitudinal studies over the course of a person's life have focused on people with IQs in the top 2.5 percent of the population, or IQs above 130.
What are the 4 types of thinking?
Convergent or analytical thinking, divergent thinking, critical thinking, and creative thinking are the four different categories of "thinking talents." In order to comprehend the world around us, think critically, solve issues, make logical decisions, and form our own values and views, we employ these skills.
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Which loan type provides interest subsidy meaning department of education pays your interest while.
Subsidized direct loan provides interest subsidy meaning department of education pays your interest while.
What is loan?The term loan refers to a type of credit vehicle in which a sum of money is lent to another party in exchange for future repayment of the value or principal amount. In many cases, the lender also adds interest and/or finance charges to the principal value which the borrower must repay in addition to the principal balance. Loans come in many different forms. There are a number of factors that can differentiate the costs associated with them along with their contractual terms. Interest rates have a significant effect on loans and the ultimate cost to the borrower. Loans with higher interest rates have higher monthly payments or take longer to pay off than loans with lower interest rates.
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Assume that the custodian of a $600 petty cash fund has $112.50 in coins and currency plus $472.50 in receipts at the end of the month. the entry to replenish the petty cash fund will include:
The entry to replenish the petty cash fund will be to record the petty cash of $472.50 replenished with the shortage of $15.
What is petty cash?Petty cash is a small amount of cash kept in the company for minor cash needs. This amount kept as petty cash is taken for small expenses made by the company.
Petty cash fund in the beginning balance= $600
coins and currency in the ending balance= $112.50
receipts at the end of the month= $472.50
Cash needed to replenish the petty cash= Petty cash fund in the beginning balance - coins and currency in the ending balance
= $600 - $112.50
= $487.50
The entry to replenish the petty cash fund will be $487.50
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If a shift in the price of mayonnaise results in a rise in the consumption of miracle whip, then:_____.
If a shift in the price of mayonnaise results in a rise in the consumption of miracle whip, then the demand curve for miracle whip will shift forward.
Mayonnaise and miracle whip both are the substitutes of each other.
When the price of a substitute good increases, the quantity demanded for that good decreases, but the demand for the good that it is being substituted for increases. As in the case with the rise in the price of mayonnaise the consumption of the miracle whip risen.
In microeconomics, two goods are substitutes if the products could be used for the same purpose by the consumers. That is, a consumer perceives both goods as similar or comparable, so that having more of one good causes the consumer to desire less of the other good.
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You need workers to finish a large project. On a list of 30 possible workers, 9 are not available. You need only 1/3 of the remaining workers for the project. How many workers do you need
Based on the number of possible workers and the ones not available to finish the large project, the number of workers that you will need are 7 workers.
How many workers are needed?The first thing to do is the find the number of workers who are available:
= 30 - 9
= 21 workers
Out of these 21 workers, the proportion who are needed are 1/3 so the number of workers needed is:
= 21 x 1/3
= 7 workers
In conclusion, the number of workers needed to finish the large project is 7 workers.
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The ________ Guidelines offer boards some specifics regarding ways to mitigate eventual fines and sentences in carrying out duties by paying attention to ethics and compliance.
The Federal Sentencing Guidelines offer boards some specifics regarding ways to mitigate eventual fines and sentences in carrying out duties by paying attention to ethics and compliance.
The united states federal sentencing guidelines are for the united states. the sentencing commission has issued rules establishing a consistent policy for sentencing individuals and entities convicted of felonies and serious misdemeanors by u.s. federal courts.
Federal guidelines base penalties primarily on two factors are
The conduct associated with the offense (the offense conduct, produces the offense level).The defendant's criminal history (the criminal history category).The death penalty is a statutory sentence under the US federal criminal justice system. It may be imposed in certain cases such as treason, espionage, murder, mass drug trafficking, or attempted murder of a witness, juror, or court official.
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Compared to past decades, today’s workers should expect to have a _____ psychological contract with their employers
Compared to past decades, today’s workers should expect to have a Horizontal psychological contract with their employers.
The psychological contract involves an unspoken agreement that occurs between supervisors, workers or employees and other individuals at work. Horizontal psychological contract focuses on social relationships between individuals working together for a considerable period of time outside a formal hierarchical relationship.
For instance, a horizontal psychological contract are team members working closely together in a long-term project to achieve a challenging goal by supporting and respecting each other’s contribution to the project
Hence, the psychological contract between employer and employee has changed over the past few decades because of globalization and major advances in technology.
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A likely outcome from taxing the rich at a high percentage in order to ________ income, would be discouraged entrepreneurship and work
Taxing the rich at a high rate to earn income can kill entrepreneurship and the desire to work. flat. Redistribute. thrust.
You no longer approach your business from a place of strength and faith, but from a place of fear and hesitation. But... you can go back. Discouragement can turn into courage again.
Entrepreneurship creates new demands and new markets. Entrepreneurship prevents all forms of competition. Entrepreneurial activity has a domino effect on Filipinos, communities and the Philippine economy. All business people are entrepreneurs.
Time management. Time management may be the biggest problem for many (and possibly all) hat-wearing entrepreneurs. With more time, we could have accomplished a lot more
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.
A likely outcome of taxing the rich at a high percentage in order to redistribute income would be discouraged entrepreneurship and work
In an economy, some people earn a very high level of income whereas some earn a very low level of income. As such inequality in income exists. The richer section of the society is taxed at a higher percentage to redistribute the income in the economy. Redistribution of income means the transfer of income and wealth from the rich to the poor.
The rich people are taxed more so that more revenue is generated by the government from these people and more money can be spent for the overall economic development so that each and every individual benefits from that development. But by taxing the rich higher, they are discouraged to work and take up entrepreneurship because as their income will increase, more will be the tax percentage.
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You bought a put with a strike price of $25. the current stock price is $23. what is the current payoff value of this option?
$2 is the current payoff value of this option.
First calculate the price of the option contract: 100 shares x $1 = $100. The security price is now above breakeven, so the call option is "in the money". This is because the investor makes a profit by buying $60 per share at a strike price of only $55 per share.
The idea behind a call option is that if the current stock price exceeds the strike price, the option holder can sell the stock for a profit. You can calculate your profit by subtracting the strike price and the cost of the call option from the current market price of the underlying asset.
Buying a $5 put option gives you the right to sell 100 shares at $100 per share. If ABC Company's stock price drops to $80, he exercises his option to sell 100 shares at $100 per share, for a total profit of $1,500.
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Suppose a brewery invests $10,000 in a machine that can accurately measure the quality of hops (used in making beer). if the machine is not useful otherwise and it cannot be resold, it is considered?
If the machine is not useful otherwise and it cannot be resold, it is considered a specialized investment.
A specialized investment fund, or SIF, is a tax-efficient regulatory framework with little regulation that targets a wider range of eligible investors in Luxembourg. An investment fund that can invest in all asset classes is known as a Specialized Investment Fund (SIF). Typically, it meets the criteria for an alternative investment fund (AIF) and is marketable to knowledgeable investors.
Specialized funds concentrate on very specific industries, such as commodities, geographic areas, or other market segments. These funds include asset allocation, sector funds, balanced funds, and goal date funds. Investors can access banking, real estate, chemicals, energy, or telecommunications using these funds.
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The process of evaluating and planning for long-term investments is called budgeting.
A transaction in which an owner of tangible personal property transfers the property to another party while still retaining ownership of such property is known as a?
A transaction in which an owner of tangible personal property transfers the property to another party while still retaining ownership of such property is known as a " Bailment".
What do you mean by Bailment?
The term Bailment is the term under the law which describe the possession of particular of property that is given by seller to buyer without transferring the ownership.
The example of this type of bailment include contracts for the lease of a car, movement of goods and sale of goods on consignment basis.
According to the English Common Law, it would justify that the right of a person to possess a thing without owning the thing. This type of right authorize the specific transactions to be conducted without the generation of any legal ownership.
At the time when bailor transfer the property to bailee, bailee can used this property of his/her personal use, create a relation between bailor and bailee and for the benefit of bailor only.
This bailment is generally defined as the contract based upon the condition of possession only. In which the property can be disposed off as per the direction of bailor.
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___________________________ in high-income countries is caused by the economy being in a recession.
The natural rate of unemployment in high-income countries is caused by the economy being in a recession. Natural rate of unemployment is the lowest rate of unemployment that can exist when inflation is stable or not rising. Many economists still differ, however, over the precise degree of unemployment that should be regarded as the natural rate of unemployment.
The inferred relationship between high economic activity and inflation or between deflation and unemployment is now much less widely accepted among economists. Many people believe that a rate of unemployment between 4% and 5% indicates full employment and is not very alarming.
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If a CPG advertiser is trying to reach 8% of women aged 25-54 and plans to show them 10 ads, then what is the expected GRP?
If a CPG advertiser is trying to reach 8% of women aged 25-54 and plans to show them 10 ads, then the expected GRP is 80
This is further explained below.
What is the expected GRP?Generally, If a consumer packaged goods advertising wants to reach 8% of women between the ages of 25 and 54 and intends to display those women in 10 advertisements, then the projected GRP is 80%.
In conclusion, Media planners recommend allocating at least 150 GRPs for the purpose of scheduling throughout the course of three consecutive months. This should assist to contribute significantly to building major awareness.
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When a salesperson asks ?could you tell me more about that?? which type of probing technique is being used?
Amplification is type of probing technique is being used .
What is a Probing Sales Question?Simply put a probing sales question is one designed to get your prospect to reveal information that you can use to facilitate closing and cooperation. They’re designed to expose information about the prospect that they might not disclose immediately. A good example of this is your prospect revealing a pain you can exploit in your sales pipeline.
Sales probing questions are similar to discovery questions however they are more detailed than the latter. Probing questions go deeper, so a good technique to follow is to start with discovery questions and then follow up with probing questions. You have to exercise your judgment about when to strike.
Think about it this way, discovery questions help you find an issue you can exploit, and probing questions allow you to work out how to exploit it. Both furnish information of different varieties. Let’s look at some examples of probing questions you can use during your sales process.
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