The adjusting entry to record this transaction by Zenith company will be:
Cost of goods sold A/c ......Dr. $1370
Merchandise inventory A/c......Cr $1370
Inventory shrinkage is the term used to describe the missing $1,370 in inventory that was discovered during the physical count. When a product is damaged or has expired, inventory shrinkage may take place. These journal entries will need to be made when the company experiences shrinkage.
Cost of goods sold A/c ......Dr. $1370
Merchandise inventory A/c......Cr $1370
So, this entry shall be passed for as an adjusting entry
In the scenario, inventory declines while the cost of goods sold rises.
Learn more about inventory:
https://brainly.com/question/14184995
#SPJ4
loss aversion is defined as: selling a security as soon as it has increased significantly in value. the reluctance to sell a security after it has decreased in value. the tendency to quickly sell any investment that has decreased in value. selling any security for less than the price paid to acquire it. the inability to mentally acknowledge a loss on a security.
Loss aversion is described as the reluctance to sell a security after it has decreased in value.
So, the correct option is B.
In behavioral finance, there is a tendency called loss aversion where investors put more of their attention into trying to avoid a loss than into making gains. One's propensity for loss aversion increases with the number of losses one endures. Investors experience the pain of a loss more intensely than other types of people, according to research on loss aversion.
People who are loss-averse will go to great lengths to avoid losses rather than benefit from them. Persuade your buyer that if they stick with the status quo, they will suffer losses. Consider using a "loss pitch" instead of a "benefits pitch," which is much more powerful. They experience the pleasure of making a profit twice as strongly.
Learn to know more about Loss aversion on
https://brainly.com/question/25018159
#SPJ4
the amount due on a sale of 30000 terms 2/10 n/eom is recieved from customer within the discount period, the seller consents to the return of the entire shipment for a cash refund. the cost of merchandise was 150000 what is the amount of the refund owned to the customer
The amount of refund owed to the customer is $29400 as per the given sale
The amount of refund owed to the customer is equal to the amount paid by the customer which was deducted from the discount because it is paid within the discount period.
Customers receive a cash discount in order to promote quick payment. Once they pay for the item they have ordered on account within the predetermined number of days, they receive a discount. Contrarily, trade discounts are provided to customers to promote large orders.
Sales: 30000
Multiply by: 100%-2%: 98%
Refund Owed to the Customer: 29400
Learn more about discounts:
https://brainly.com/question/3541148
#SPJ4
tracy wants to withdraw $1,000 at the end of each semiannual period for 3 years. interest is 6% annually. how much must she invest today to receive this stream of payments?
Stacy must invest $12,000 today to receive the stream of payments.
What is investment?Investment is the commitment of funds toward the acquisition of an asset with the goal of achieving a growth in value over time. A current item, such time, money, or effort, must be sacrificed in order to invest. The goal of investing in finance is to profit from the asset that is being financed. The return can take the form of income from investments like dividends, interest, or rental income, as well as a combination of capital gains and income. It can also take the form of unrealized capital appreciation (or depreciation) or income from investments like unrealized capital gains. The return may also consist of currency gains or losses as a result of variations in foreign exchange rates. Riskier ventures typically entail higher expected returns for investors.
To learn more about investment, visit:
https://brainly.com/question/1294604
#SPJ4
the washington consensus includes all but which one of the following? market reforms liberalizing fdi nationalizing key industries deregulation
The Washington consensus includes all but nationalizing key industries among the following. Thus the correct option is C.
What is Washington's consensus?The Washington Consensus is a list of 10 economic policy recommendations that are supported by Washington, D.C.-based organisations.
It includes the International Monetary Fund, World Bank, and others as the "standard" reform package for developing nations that are in crisis.
The Washington consensus includes all but nationalizing key industries as stabilizing a falling business or organization, generating financial gain for the government, bringing stability to a developing economy, or as a method of advancement or growth.
Therefore, option C is appropriate.
Learn more about consensus, here:
https://brainly.com/question/4975908
#SPJ1
making a loan to another party is considered an investing activity on the statement of cash flows. group startstrue or false
Making a loan to another party is considered an investing activity on the statement of cash flows is true as loaning cash is a cash outflow for investing activities.
As the loans made and gathered (which includes the interest) are a part of a governmental application, the loan sports are mentioned as running sports, in place of making investment sports.
The coins inflows acquired through short-term bank loans and the coins outflows used to pay off the main amount of brief-term financial institution loans are mentioned within the financing activities section of the announcement of coins flows.
Learn more about investing here https://brainly.com/question/25300925
#SPJ4
frankie purchased a vehicle for business and personal use. in 2021, he used the vehicle 80% for business (10,300 business miles incurred equally throughout the year) and calculated his vehicle expenses using the standard mileage rate. frankie also paid $1,600 in interest and $500 in county property tax on the car. what is the total business deduction related to business use of the car?
If you use your automobile solely for commercial enterprise purposes, you may also deduct its complete price of possession and operation (subject to limits discussed later).
However, if you use the vehicle for both commercial enterprise and non-public purposes, you can also deduct solely the value of its business use.
Can I write my automobile price off as a commercial enterprise expense?If you financed a private vehicle
If you offered this vehicle the use of a vehicle loan, you may not be capable to write off your vehicle payment. However, you can write off a element of your vehicle mortgage interest. That's proper — your mortgage pastime counts as a car-related business expense, just like gasoline and vehicle repairs.
Learn more about business deduction here:
https://brainly.com/question/25881160#SPJ4the u.s. aggregate demand curve would shift to the left if part 2 a. there was a tax decrease. b. the economic conditions in europe improved. c. the federal reserve board caused the real interest rate to increase. d. the foreign exchange rate of the dollar decreased.
The US demand curve would shift to the left if the federal reserve board caused the real interest rate to increase, which means option C is the right answer.
The demand curve refers to the graphical representation of the relationship between the price of a goods or services and the quantity demanded for a given time duration. When the prices of any commodity increases, its demand decreases and vice versa. Hence, the demand curve would be a decreasing downward slope from left to right. A reduction in the interest rate increases the quantity of money demanded. Variations in demand curves are due to the following factors:
1. Changes in the prices of items
2. Changes in the demand and supply of any item
3. Change in population
4. Variability in the income of population
Learn more about demand curve at:
brainly.com/question/25910814
#SPJ4
true or false: flash floods are smaller than regional floods and therefore result in fewer fatalities and less economic loss.
The statement is False. Flash floods are smaller than regional floods and therefore result in fewer fatalities and less economic loss.
Flash Flooding is possible anywhere. The normally tranquil streams and creeks in your community or area can end up raging torrents if heavy rain falls overhead -- or maybe upstream of your place! Flash Flooding can also occur on town streets and dual-carriageway underpasses.
Flash flooding also can be a result of giant rainfall released by using hurricanes and other tropical storms, in addition to the surprising thawing effect of ice dams. Human sports can also purpose flash floods to occur. While dams fail, a big amount of water may be released and spoil the whole lot in its route.
Flash floods are commonplace in barren region landscapes after heavy rainfalls and in regions with shallow soil depths above strong bedrock that limits the soil's ability to soak up rain. Since water runs downhill, rainfall will search for the bottom point in a capability pathway.
Learn more about Flash floods here https://brainly.com/question/7383498
#SPJ4
you want to keep your manager updated on your activities every week. what is the best way to do this? this is aroutine message, so you should:send your manager an e-mailschedule a weekly meeting with your manager
If a person wants to keep their manager up to date on his activities every week, the best way to do so is to send an e-mail to the manager. Option A is correct.
What is the significance of routine message?Routine messages are a key criterion for a corporate structure and organization since they use effective, timely communication channels.
Delivering a good everyday message boosts a person's personal trustworthiness. When a person can manage and resolve typical business tasks, they demonstrate proficiency. It also demonstrates involvement by responding to others and respecting their time.
Therefore, option A is correct, If a person wishes to keep up his foreman informed about his weekly activities, the best way to do so is to send an e-mail to the management.
Learn more about the e-mails, refer to:
https://brainly.com/question/15710969
#SPJ1
in the 2000s, which of the following regions/nations exhibited a pattern of heightened merger and acquisition volume, although the total level varied by the size of the economy?
The industries that see the greatest mergers and acquisitions (M&As) include those in healthcare, technology, financial services, and retail. Many small and medium-sized businesses in the technology and healthcare sectors.
Find it difficult to technology compete in the market with the few industry-dominating behemoths. M&A, or mergers and acquisitions, is the process of joining two businesses into one. In order to achieve synergy, or the phenomenon where the whole (new company) is greater than the sum of its parts, two or more enterprises are combined (the former two separate entities). The most common justification for a merger or acquisition is synergy. complementary.
To learn more about businesses, click here.
https://brainly.com/question/15826771
#SPJ4
which of the following is not necessary for a firm to engage in price discrimination? group of answer choices the firm must produce output for different buyers at different costs. the firm must sell a product that cannot be resold. the firm must be able to separate buyers by preventing resales from one customer to another. the firm must be able to identify different types of buyers.
A product that can't be sold again must be sold by the company. By limiting resales from one consumer to another, the company must be able to divide its customers' customers.
What does a business not need to practice price discrimination?All other possibilities are taken into account because they include consumers and how businesses will market their products, but the chosen option includes costs, which are not necessary to develop price discrimination methods.
What three conditions must be met for pricing discrimination?The business must first possess enough market strength. Second, it needs to pinpoint variations in demand depending on various circumstances or client groups. Third, the company needs to be able to safeguard its goods from being sold again to a different consumer group.
To know more about price discrimination visit:-
https://brainly.com/question/14969650
#SPJ4
one way that investors contribute capital to the firm is by: multiple choice letting their warrants expire unexercised. the company plowing back part of its earnings. increasing the amount of treasury stock. paying less than par value for the stock.
A portion of the company's profits were reinvested. was as mentioned increasing the amount of treasury stock. paying less than par value for the stock.
Plowing back earnings refers to the practice of not distributing income but rather keeping it in reserve and investing it back into the company.
Treasury stock, also referred to as reacquiring stock, describes outstanding shares that were formerly owned by a firm and are later purchased back by its shareholders. Treasury stock does not have much value, but it does offer a way to increase the price of shares, which benefits investors.
Treasury stock typically represents the number of shares that have been bought back on the open market in the shareholders equity section of the balance sheet, thereby reducing shareholder's equity by the price of the stock.
To know more about the Treasury stock visit here :
https://brainly.com/question/15970397
#SPJ4
The career choice you make in high school
A can be changed
B must be pursued after high school
C should be chosen based on desired salary
D should not be taken too seriously
Answer:
D
Explanation:
should not be taken too seriously
if the performance measures from the training data are considerably higher than the values from the validation and test data, what could be the issue?
When performance data from training data are significantly better and have higher values than values from test data and validation, this is known as overfitting.
What Is an Overfit?
In statistics, an overfitting error occurs when a function is too closely aligned with a small number of data points. Consequently, the model only applies to its initial data set and not to any subsequent data sets.
What does training data overfit?
In data science, the term "overfitting" refers to when a statistical model matches its training data exactly. Sadly, the algorithm is unable to accurately compare unknown data in this situation, which defeats its purpose.
Learn more about overfitting here:
https://brainly.com/question/5008113
#SPJ4
Which form of marketing involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships?.
Direct and digital marketing involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships.
Digital marketing is the component of marketing that uses the Internet and online-based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services.
Digital marketing can be broadly divided into eight main categories such as search engine optimization, cost-per-click, social media marketing, content marketing, email marketing, mobile marketing, marketing analytics and affiliate marketing.
Modern marketing is a holistic, agile, data-driven method of connecting brands to their ideal customers and driving targeted business outcomes. As a modern marketer, achieving this level of personalization requires a deep understanding of your customer
Learn more about Digital marketing https://brainly.com/question/8367090
#SPJ4
is a value required when an opportunity is attractive long enough for it to be successfully developed and deployed.
value creating is a value required when an opportunity is attractive long enough for it to be successfully developed and deployed.
The 5 levels of possibility popularity method include getting an idea, possibility identification, possibility improvement, possibility assessment, and crew assessment. An entrepreneur has to observe those levels successfully Developed for a hit enterprise.
Opportunity popularity is the method of figuring out and deciding on entrepreneurial opportunities. It does now no longer contain the improvement of these ideas. The assessment segment of possibility popularity takes place whilst an entrepreneur has an perception approximately a brand-new enterprise venture, regularly primarily based totally on earlier knowledge.
Learn more about value here:
https://brainly.com/question/24553900
#SPJ4
coordinating the flow of all goods, services, and information among channel members, and throughout the channel, is referred to as
Coordinating the go with the drift of all items, offerings and facts amongst channel members, and during the channel, is cited as. logistics.
The required details for Logistics in given paragraph
Logistics is usually the targeted corporation and implementation of a complicated operation. In a preferred commercial enterprise sense, logistics manages the go with the drift of products among the factor of starting place and the factor of intake to satisfy the necessities of clients or corporations. The assets controlled in logistics might also additionally consist of tangible items which includes materials, equipment, and supplies, in addition to meals and different consumable items. In army science, logistics is worried with keeping navy deliver strains at the same time as disrupting the ones of the enemy, when you consider that an armed pressure with out assets and transportation is defenseless. Military logistics became already practiced within side the historic world and because the cutting-edge army has a enormous want for logistics solutions, superior implementations had been developed.
Logistics control is the element of deliver chain control and deliver chain engineering that plans, implements, and controls the efficient, powerful forward, and opposite go with the drift and garage of products, offerings, and associated facts among the factor of starting place and factor of intake to satisfy clients' necessities.
To know about Logistics click here
https://brainly.com/question/27092762
#SPJ4
Question 5 of 10
What could consumers do to help their community?
Consumers in various ways can help their community:
Promote Local Business- One of the most amazing ways of supporting your local area is to assist different organizations nearby. Purchase nearby as frequently as could be expected and saved a region of your site to connection to your neighborhood companies. Cross organizing with non contending organizations with comparative business sectors assists you with contacting more individuals and assist with outing other neighborhood entrepreneurs very much like you.Sponser an Event- Supporting a member in a neighborhood long distance race can be an extraordinary method for showing support , particularly on the off chance that you can uphold your own representatives who are partaking in such occasions.Adopt a Brick- Infrequently new urban structures will offer nearby occupants the choice of buying a block or stone,either on a walkway or building . Such a buy offers you the chance to add to advance while likewise partaking in a little exposure.To learn more about consumers from the given link:
https://brainly.com/question/380037
#SPJ9
mackie co. manufactures hunting clothing. the standard variable costs to produce one batch of the big mac vests are as follows: direct material average cost is $6 per yard; average yards per batch is 20; direct labor average rate per hour is $12; average hours per batch is 4; variable overhead average rate per hour is $8; average hours per batch is 4. the standard monthly fixed costs are as follows: manufacturing overhead is $3,200; selling and administrative costs are $1,900. mackie co. produces 100 batches per month. (ten vests are produced in each batch.) what is the manufacturing cost per vest?
The manufacturing cost per vest is $23.20
Direct material average cost = $6 per yard
Average yards per batch = 20
Total direct material cost for 20 yards = 6*20 = $120
Direct material cost for 100 batches = 120*100 = $12000
Direct labour average rate per hour = $12
Average hours per batch = 4 hours
Total direct labour for 4 hours = $12*4 = $48
Direct labour cost for 100 batches = $48*100 = $4800
Variable overhead average rate per hour = $8
So, total variable overhead average rate = $8*4*100 = $3200
Monthly fixed cost = $3200
Selling and administrative cost = $1900
No. of batches produced = 100
Number of vests in each batch = 10
Total vests produced = 1000
Total cost = Direct material cost + Direct labour cost + Variable overhead cost + Fixed cost
= $12000 + $4800 + $3200 + $3200
= $23200
So, cost per vest = $23200/1000 = $23.20
Learn more about cost:
https://brainly.com/question/15135554
#SPJ4
dominick earned $7.25 per hour until his state raised the minimum wage to $12 per hour, at which time his pay was increased to $12. which law is the organization abiding by in this scenario? group of answer choices laws governing equal employment opportunity product market laws laws governing prevailing wages fair labor standards act (flsa) equal pay act
In this instance, the business is adhering to the laws government by the Fair Labor Standards Act (FLSA). , Thus, option (B) is correct:
What is government?The term government refers that the system which was governed by a state or a country in it, we see there are different governments are being there in states the government is made by the people and govern for the people also in it. There is a system being made and under the system, the government is being run.
A federal legislation known as the Fair Labor Standards Act (FLSA) sets minimum wages, eligibility for overtime pay, record-keeping requirements, and child labor laws that apply to full-time and part-time employees of the private sector as well as of the federal, state, and municipal governments.
Therefore, Thus, option (B) is correct:
Learn more about the government here:
brainly.com/question/16940043
#SPJ1
if the fed conducts a $10 million open-market sale and the reserve requirement is 20%, the maximum change in the money supply is:
Therefore, a $10 million open-market purchase can only result in a $100 million increase in the money supply. If all the money supply is held in excess reserves by the banks, the least gain is $10 million.
The total amount of money in circulation, including notes, coins, and bank account balances, is known as the money supply. According to a standard definition, the money supply is a collection of secure assets that individuals, corporations, and governments can use to make purchases or hold as short-term investments. For instance, many measurements of the money supply include U.S. currency as well as the balances in checking and savings accounts. The monetary base, M1, and M2 are a few of the often used indicators of the money supply.
Money in circulation plus reserve balances make up the monetary base(deposits held by banks and other depository institutions in their accounts at the Federal Reserve).
M1: the total amount of currency and transaction deposits held by the general population at depository institutions (which are financial institutions that obtain their funds mainly through deposits .
M2 consists of M1 plus savings accounts, small-denomination time deposits (those issued in quantities under $100,000), and retail money market mutual fund shares. In the Federal Reserve's H, data on monetary aggregates are presented.
Learn more about Money supply here:
https://brainly.com/question/28891105
#SPJ4
if two companies making the same product and with the same total sales and total sales and total expenses, the contribution margan ratio will be
If two companies make the same product with the same total sales and total sales and total expenses, the contribution margin ratio will be greater in the business when a larger percentage of fixed costs make up its cost structure.
The difference between sales revenue and variable costs, or the amount of sales dollars available to cover fixed costs and make a profit, is known as the contribution margin. The contribution margin ratio is a way to measure it as a proportion of sales. By dividing the contribution margin ratio by the dollar increase in sales, it is possible to calculate the dollar increase in net operating income in the event that sales rise. We are aware that net income is the same as contributions minus fixed expenses. The revenue of a company less all variable costs, divided by the revenue, is the contribution margin ratio (CM ratio).
Learn to know more about Contribution margin ratio on
https://brainly.com/question/28502981
#SPJ4
Drew has invested in iwad records. he owns three par value $1,000 bonds from them, which are currently selling for 99.773. he also owns 600 shares of iwad records stock, the current value of which is $5.28 per share. if, when drew made his investment, iwad records bonds had a market price of 94.561 and stock in the same company sold for $5.00 per share, which investment has increased in value more, and by how much? (hint: difference/original) a. the value of drew’s bonds has increased by $4.83 more than the value of his stocks. b. the value of drew’s bonds has increased by $9.87 more than the value of his stocks. c. the value of drew’s stocks has increased by $11.64 more than the value of his bonds. d. the value of drew’s stocks has increased by $34.92 more than the value of his bonds.
Investment in share has increase more in value, by $11.64, in comparison to the investment in bond.
The increase in bond value:
The cost of the bond as an investment is: 3 x 1,000 x 94.561% = $2,836.83
The bond is currently worth $2,993.19 (3 x 1,000 x 99.773%)
=> Increase in bond value = 2,993.19 - 2,836.83 = $156.36
An increase in the share's value:
The investment cost per share was 600 times five, bond or $3,000.
600 times 5.28 equals $3,168 is the share's current value.
Hence, the increase in share value is $3,168 - 3,000, or $168.
As a result, the value of the investment in shares has increased more than the value of the investment in bonds, or by $11.64 more (calculated as: 168 - 156.36).
Learn more about investment here
https://brainly.com/question/15353704
#SPJ4
_____ is the study of the impact that changes in one or more variables of a decision-making model have on other variables.
Sensitivity analysis examines how changes to one or more variables in a decision-making model affect other variables.
Sensitivity analysis analyses the effects of different values of an independent variable on a certain dependent variable under a specified set of assumptions. Sensitivity analyses, in other words, examine how various sources of uncertainty in a mathematical model impact the model's overall level of uncertainty.
The comparison of sales results from advertisements that differ solely in whether or not they contain a certain piece of information is a simple use of sensitivity analysis in business. This analysis examines the effects of a certain piece of information being used in advertising by a business.
To learn more about sensitivity analysis
https://brainly.com/question/13266122
#SPJ4
the axiomatic principles are flexible constructs that are developed to fit the realities of the business environment. is the statement true or false?
True, the axiomatic principles are adaptable frameworks created to fit the realities of the corporate world.
An unquestionable first principle, rule, or maxim that has attained broad acceptance or is thought to be deserving of such acceptance is referred to as a logical axiom. This acceptance may be based on self-evident support or a claim of inherent merit. Axioms need to be accurate because they serve as the basis of mathematics. If there are too few axioms, you can prove very little, and mathematics would not be very interesting. It is possible to prove almost anything when there are many axioms, but mathematics also gets tedious. The axiomatic method is a strategy for creating a complete system in accordance with established rules by utilizing logical inference from a collection of fundamental assumptions, such as axioms or postulates, which are constructed from a few simple phrases.
To learn more about axiomatic system: https://brainly.com/question/18578410
#SPJ4
which of the following statements violates the basic assumptions of isoquants? isoquants show all combinations of two inputs that can produce a particular quantity of output. diminishing marginal products imply that isoquants are concave to the origin. isoquants cannot cross. isoquants closer to the origin correspond to lower output levels.
Diminishing marginal products imply that isoquants are concave to the origin.
The principle distinction is that the diminishing returns to a thing relates to the efficiency of adding a variable factor of production but the regulation of decreasing returns to scale refers to the performance of growing fixed elements. As investment maintains beyond that point, the go back diminishes step by step. For instance, the regulation of diminishing returns states that during a manufacturing system, adding more employees would possibly to start with increase output and eventually creates the foremost output per employee. The regulation of diminishing marginal returns is a concept in economics that predicts that when a few most excellent stage of potential is reached, adding an additional issue of production will definitely bring about a smaller will increase in output.
Learn more about Diminishing here
https://brainly.com/question/14155122
#SPJ4
tina has purchased the right to do business as a hotelier with her building, land, and equipment for the coming year. the party that granted her this right also let her use its brand name. tina has purchased:
Tina has purchased the right to do business as a hotelier with her building, land, and equipment for the coming year. the party that granted her this right also let her use its brand name. tina has purchased a franchise.
Commercial enterprise economics is a discipline of applied economics that researches the financial, organizational, marketplace-associated, and environmental issues faced with the aid of companies. business economics encompasses subjects together with the idea of scarcity, product factors, distribution, and intake.
Commercial enterprise is likewise the efforts and sports of someone who's generating items or presenting offerings with the purpose to sell them for earnings. business Definition. commercial enterprise refers to an enterprising entity or employer that carries out expert sports. They can be business, business, or others.
Learn more about business here: https://brainly.com/question/26106218
#SPJ4
the ultimate goal of strategic quality planning is to aid an organization to achieve sustainable competitive advantage. answers
A group of resources, traits, or skills known as sustainable competitive advantages enable a business to outperform its rivals in satisfying the needs of its customers.
What is sustainable competitive advantage?A group of resources, traits, or skills known as sustainable competitive advantages enable a business to outperform its rivals in satisfying the needs of its customers. Competitive advantages that last a long time are challenging to imitate or copy.
A company has a competitive edge when it consistently outperforms rival businesses in the same sector. A business is said to have been outperforming its competitors if its profits are higher. A competitive advantage is considered stronger when it lasts for a longer period of time. If a company can maintain its edge over time, it is said to have a sustainable competitive advantage.
How may market research be used to establish a long-lasting competitive advantage?Market research is a very powerful tool for identifying and developing your long-term competitive edge. Actually, if you utilize data analytics to direct your approach, you can be ahead of the game already.
According to a McKinsey study, businesses that include analytics and data into their strategies were threefold more likely to assert that their efforts have raised their earnings (EBIT) with at minimum 20% over the past three years. Your company may stay ahead of the curve and earn money by investing in data analytics for market research.
To know more about Sustainable Competitive visit:
https://brainly.com/question/29355708
#SPJ4
What are the main differences between credit unions banks and finance companies?.
As previously stated, the primary distinction between banks as well as credit unions would be that banks were for enterprises that enrich respective shareholders, whereas credit unions were controlled by their members.
Credit unions were financial cooperatives that are not for profit. Any profits are returned to credit union members in the form of lower cost of borrowing as well as rising interest rates on bank deposits. Banks is from the other hand, are really for entities that distribute earnings solely to stockholders.
Credit unions provide many of the same services as banks, but typically are member-only, nonprofit financial institutions. Credit unions still collect fees like banks, although any profits were returned to individuals in the form of better or more cheap products.
To know more about credit unions
https://brainly.com/question/27724710
#SPJ4
maslow's hierarchy of needs is a powerful tool for marketers to: group of answer choices explain different kinds of motives consumers have and use. set differential pricing based on how much an individual needs a product or service. rank needs in compensatory decision making. distinguish between implicit, tacit, and explicit needs. guide new product development.
Maslow's hierarchy of needs is a powerful tool for marketers to explain different kinds of motives consumers have and use.
Maslow's hierarchy of needs tells us that humans have universal needs they must fulfill, and these needs can be love, esteem, or self-fulfillment to physiological and safety needs. The fulfillment of one need does not dependent on another. Marketers have the opportunity to attend to each need individually and to each customer in order to fulfill them.
The hierarchy of needs is mostly used by marketers to explain different kinds of motives that consumers have to satisfy their needs . If marketers know the wants and needs of their target market they can use this as a selling point to influence.
To read more on Maslow's hierarchy of needs visit:
brainly.com/question/13451399
#SPJ4
