Your Assignment, Part I
Imagine you have decided to start a business. This is your opportunity to select a
business endeavor that interests you and engage in the marketing process. Choose
wisely because you will work on building this business not only in this project, but
also in the projects for Units 3 and 4. You should answer all questions in a separate
document that you will hand in to your teacher.
First, think about the type of business you want to create. Will this business offer
mainly goods, services, or a combination of both? Here is a list of ideas to get you
started:
• Restaurant or catering company
• Company that sells specialty goods, such as sporting goods or electronic
devices
• Service-oriented company, such as dog-walking, web design, or tutoring
1. List the type of business you will have.

Answer:the total organization

Explanation:

Becoming an authorized user on someone else's credit card account. Option B is correct choice.

Becoming an authorized user on someone else's credit card account means that the individual is given permission to use the credit card of the primary account holder, who is usually a parent, guardian, or other family member. This allows the individual to make purchases and build credit history, while the primary account holder remains responsible for making payments on the account.

However, becoming an authorized user may depend on the parent or guardian's support, as they must be willing to add the individual to their account and grant permission for them to use the credit card. If the parent or guardian is not willing to add the individual as an authorized user, then this option would not be available to them. Option B is correct.

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-The complete question is, Which of the following suggestions for getting access to a credit card before your 21st birthday depends on your parent or guardian's support?

A) Applying for a secured credit card

B) Becoming an authorized user on someone else's credit card account

C) Building credit through alternative means--

The effects of enforcing the UDHR and its 30 human rights include:

The UDHR stands for the Universal Declaration of Human Rights.

The UDHR rights include:

The UDHR confers universal jurisdiction on countries to try violators of universal human rights.

Thus, with UDHR, individuals have regained human dignity and the right to humane and fair trials.

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Answer:

Correct Answer:

b. There is no time limit on when the policy may be reinstated.

Explanation:

In life insurance, which is an insurance against event in the life of the individual in question, it is expected that, the person will be paying his premium fee regularly.

In a situation, there was a lapses, in-order to reinstate the life insurance policy, it must be reinstated within 1 year in-order to be valid.

Competitive equilibrium occurs when all agents in a market are price takers and the actions of all agents are consistent, leading to a market clearing where supply equals demand. The correct answer is B) the government sets taxes at zero.  

For a competitive equilibrium to occur, the other three conditions mentioned must be satisfied:

A) Agents are price takers: In a competitive equilibrium, individual buyers and sellers have no influence over the market price and must accept the prevailing market price as given. They are price takers rather than price setters.

C) Markets clear: In a competitive equilibrium, the quantity demanded by buyers equals the quantity supplied by sellers in all markets. This implies that there are no shortages or surpluses, and the market clears.

D) The actions of all agents are consistent: In a competitive equilibrium, all agents in the market act rationally and consistently. Buyers maximize their utility, and sellers maximize their profits. Their decisions and actions align with their own self-interest.

However, the government's taxation policy is not a requirement for a competitive equilibrium. Taxes can exist in a competitive market, but their presence or absence does not determine whether a competitive equilibrium is achieved. Taxes may affect market outcomes and efficiency, but they are not essential for the occurrence of a competitive equilibrium. Hence, B is the correct answer.

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The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.​ The correct option is D.

A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.

Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.

Thus, the ideal selection is option D.

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Answer:

option d

Explanation:

it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months

As a general rule, the "accreditation bodies" certifies the operations of the whole organization.

Accreditation bodies are independent organizations that assess and verify whether an organization meets specific standards and requirements. They evaluate various aspects of an organization's operations, such as quality management systems, processes, procedures, and compliance with industry regulations. Accreditation is a voluntary process that demonstrates the organization's commitment to quality and continuous improvement.

By obtaining accreditation from a recognized accreditation body, an organization gains credibility and trust, as it signifies adherence to established standards and best practices in its industry.

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Answer:

Preservation of value

Explanation:

One of the advantages of money over trade by barter or any other moneyless transaction is the time value of money.

Time value of money can be explained as the ability of money to preserve its value and even increase in nearest future due to its potential earning capacity.

It can be inferred from the given scenario that the purples fabrics has lost a significant value due to the surplus of supply in the market place as it could no longer achieve the original worth.

Answer:

A) Preservation of value!

Explanation:

This means preserving a value, the cost of things at one point and another, you want to preserve that value in order to get the most out of your payment.

Answer:

it’s c

Explanation:

just took the test

Answer:

The Supplemental Nutrition Assistance Program (SNAP) helps families, older adults, and individuals pay for groceries. ... SNAP benefits provide food security, stimulate local economies, and support farmers and the agriculture industry through the purchases of Pennsylvania-grown and processed foods.

Explanation:

Answer:

It's A. A person with a debt-to-income ratio of 29%

Explanation:

A person with a debt-to-income ratio of 29% would best benefit from counseling. Hence, option A is correct.

People debt-to-income ratio (DTI) evaluates how much of your monthly income is going toward paying down your debts. It specifically refers to the percentage of your gross monthly income that is used to settle debts such as rent, a mortgage, credit cards, and other commitments.

As a general rule, try to keep your total debt to income ratio at or below 43%. As a general rule, aim for a debt-to-income ratio of about 36% or less and no higher than 43%. This is how lenders frequently assess DTI: Excellent DTI of 36% or less. DTI is good at 43%.

The optimal back-end ratio, which takes into account all monthly debts, should not be more than, and the front-end ratio should not exceed, 28 percent.

Thus, option A is correct.

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Answer:

C E F G

Explanation:

According to the video, The qualities Lawyers need, The first is intelligence, the second one was determination, moral and ethical integrity people skills.

A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a pre-determined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.

As, The qualities the lawyer needs in the Curveballs will probably be thrown throughout a case session, and they must be able to understand them and react accordingly.

As, The important quality, the lawyer needs is zeal for one's work. Successful attorneys nearly usually have a genuine enthusiasm for what they do as a profession.

Therefore, The right option (C, E, F, G)) is correct.

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The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.

A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.

Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.

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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle

2. a payday loan

3. an unsecured installment loan

4. It decreases your monthly expenses, giving you more money to spend on other things.

5. Determine or estimate the current value of everything you own.

6. Their ability to repay a loan

7. your prior record of paying your bills and paying off your debts

8. your age and gender

9. You can request one online or over the phone.

10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.

11. -the lender that provided the incorrect information

-the credit bureau that prepared the report

12. right away

13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.

14. The longer the term, the more you will pay in interest.

15. It will cost you less money overall.

16. A store credit card generally comes with a higher interest rate.

17. You will save money if you pay the balance off quickly.

18. -Clarifying the confusing language found on credit card applications.

-Forcing lending companies to disclose interest rates and hidden fees.

19. It banned credit card companies from raising interest rates after missed payments.

20. -a fixed annual charge for the use of a credit card

-a charge if the minimum payment is not paid by the due date

21. paying off the balance before interest can accrue

22. $30

23. Determine which card has the higher interest rate and pay the extra money to that card first.

Explanation: All these answers are correct!

A cashier must accurately check the number of notes and currency; check the authenticity of the notes with a vending machine, and also ensure the offer of receipt to the person.

A cashier is someone who handles the daily inflow and outflow of cash in any financial institution. There shall be zero to less fungibility in the work of a cashier.

To ensure that the cash transactions are true and correct, a cashier must take the following safety measures :

Hence, the aforementioned safety measures are to be taken by the cashier while making transactions at a financial institution.

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Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing

A single contract can indeed include all three categories of contracts, namely express, implied, and quasi-contracts. These categories represent different types of contracts based on their formation and enforcement.

Express contracts are those in which the parties explicitly state the terms and conditions of their agreement, either orally or in writing. These contracts are clear and unambiguous, as they explicitly outline the rights, obligations, and expectations of both parties. Examples of express contracts include employment agreements, lease agreements, and sales contracts.

Implied contracts, on the other hand, are not explicitly stated by the parties involved but are inferred from their conduct or actions. These contracts are based on the implied intention of the parties to enter into a contractual relationship, even though no formal agreement was made. Implied contracts often arise in situations where one party provides goods or services and the other party accepts and benefits from them. For instance, if someone hires a plumber to fix a leaking pipe without discussing the terms, an implied contract is formed where the plumber is entitled to reasonable compensation for their services.

Quasi-contracts, also known as constructive contracts, are not true contracts in the traditional sense. They are fictional contracts created by the courts to prevent unjust enrichment or provide a remedy in situations where no enforceable contract exists. Quasi-contracts are imposed by law to ensure fairness and equity. For example, if someone mistakenly pays for services they did not receive, the court may impose a quasi-contract to require the recipient to return the payment.

In certain complex business arrangements or contractual relationships, a single contract may incorporate elements of express terms, implied obligations, and even quasi-contractual principles. This can occur when parties negotiate and include explicit terms in a contract while also relying on implied obligations based on their past conduct or industry customs. Additionally, if unforeseen circumstances arise during the performance of the contract, quasi-contractual principles may come into play to resolve any unfairness or gaps in the agreement.

In summary, while express, implied, and quasi-contracts represent distinct categories, it is possible for a single contract to encompass elements of all three, depending on the specific circumstances and intent of the parties involved.can encompass express, implied, and quasi-contractual elements depending on the specific circumstances and intent of the parties involved.

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Answer:

$6,825.00

Explanation:

50x$130=$6,500.00

$6,500 × 5% = $325.00

$325.+$6,500=6,825.00

Feudal estates are associated with traditional authority.

Traditional authority is a form of authority that is based on long-established cultural practices and customs, as well as on the personal qualities and legitimacy of individual leaders. In a feudal society, the authority of the lord over his serfs and vassals was based on a complex web of traditional customs and obligations, as well as on the lord's personal qualities and status as a member of the aristocracy.

Traditional authority is one of three types of authority identified by sociologist Max Weber, the others being charismatic authority and legal-rational authority. While traditional authority is often associated with pre-modern societies and forms of government, it continues to play an important role in contemporary societies, particularly in the realm of religion, where the authority of religious leaders is often based on tradition and long-standing cultural practices.

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Answer:

150 tickets

Explanation:

Writing out needed parameters :

Price per student ticket (price of one student ticket) = PHP 75

The total revenue made from ticket sales ; (Total amount earned from the sale of student tickets) = PHP 11,250

The number of student tickets sold will be:

Total amout earned from sale / cost per ticket

PHP 11250 / PHP 75

= 150 tickets

Answer:

stocks are unpredictable and can be considered a risky short term investment, but if it goes well it will be considered a good risky investment  strategy

Explanation:

The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the product has an elastic demand.

When the price of a product has a massive effect on the quantity purchased is called Elastic demand. A product is stated to have an elastic demand if sales drop sharply in reaction to a growth in price, or sales spike whilst prices are decreased.

Thus, The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the product has an elastic demand.

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In a Laser grid game, a player is located within a grid composed of cells. Each cell in the grid may contain a laser emitter, which emits a beam of light across the cell.

The player can move to one of four adjacent cells in the grid, but their motion is constrained by the lasers. If the player intersects a laser beam, they lose the game. The objective of the game is to navigate the player through the grid to a specific destination cell without intersecting any laser beams.

To successfully navigate the laser grid, the player must use logic and spatial reasoning to determine the safe path through the grid. The player must observe the direction and placement of the laser beams to avoid intersecting them. The player may need to backtrack or take a circuitous path to reach the destination cell safely.

Laser grid games can be played on physical grids, such as those made of mirrors and laser pointers, or on virtual grids, such as those found in computer games or puzzles. These games can be both entertaining and educational, as they require the player to think critically and develop problem-solving skills.

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When a person make a fraudulent claim to the government for payment it is called: the False Claims Act.

The False Claim Act is law that found a person who intentional makes a false claim against government agency guilty.

This law states that no person should make a false claim as any person or individual who makes a fraudulent claim so as to defraud the government  or present a false claim will be subjected by the court of law if found guilty.

Inconclusion fraudulent claim to the government for payment or approval is subject to: the False Claims Act.

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During a sales call, an adaptive salesperson should spend his/her time:

1. Building rapport: Start by establishing a connection with the prospect by greeting them warmly and expressing genuine interest in their needs.
2. Active listening: Pay close attention to what the prospect is saying, and make sure to acknowledge their concerns, needs, and preferences.
3. Asking open-ended questions: To gather more information and to better understand the prospect's needs, ask questions that encourage them to share more details about their situation and challenges.
4. Identifying needs and challenges: Based on the information gathered, identify the prospect's needs, challenges, and potential pain points.
5. Presenting tailored solutions: Adapt your sales pitch and present a solution that addresses the prospect's specific needs and challenges, highlighting the benefits and value your product or service can provide.
6. Addressing objections: If the prospect raises any objections, address them confidently and empathetically, providing information and solutions to ease their concerns.
7. Closing the sale: Once the prospect is satisfied with your proposed solution, move towards closing the sale by summarizing the benefits and asking for their commitment.
8. Following up: After the sales call, follow up with the prospect to ensure their satisfaction, address any additional questions, and maintain a strong relationship for future business opportunities.

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Answer:

C) $20 less

Explanation:

I have uploaded the graph below.

We can see in the graph that in perfect competition, Jackie will pay $30 dollars for five purses, while in monopoly, she will pay $50 dollars for the same quantity of purses, meaning that she will pay $20 less.

This situation shows one key difference between the two market structures: in perfect competition, prices are lower because they are equal to marginal cost, while in monopoly, prices are higher because they are more than the marginal cost.