If a business is in need of working capital, one option is to use a(n) ________ that will buy the company's account receivables and then handle their collection for a fee.factoring company equity fund trade creditor bank
Factoring companies purchase your company's invoices (account receivables). When they do that, your company promptly receives a cash advance, instead of waiting for the usual 60, 90 day period to receive the full payment amount. Afterward, the factoring company collects the payment from your clients.
All of that is done for a fee to the factoring company (deducted from the full payment amount) and mostly with clients with whom it is normal to have longer payment periods. Factoring is an essential way to get bigger working capital.
Which activity does economics primarily study? a. keeping a account of total resources b. equitable distribution of resources c. best utilization of scarce resources d. creation of financial markets
c. best utilization of scarce resources
Economics is the study of how society uses its scarce resources to meet the insatiable needs of its members. Resources are the inputs that a county uses to produce goods and services. They are the four factors of production.
Human needs are unlimited and cannot be satisfied with the available scarce resources, necessitating human beings to make choices. Economics will involve analyzing production decisions amidst limited resources. It also analyses how the goods produced are distributed to satisfy the different needs and wants of its members.
Economics primarily studies the best utilization of scarce resources. It primarily focuses on how individuals, organizations and governments allocate these scarce resources to satisfy their wants and needs.
The activity economics primarily studies is c. best utilization of scarce resources. Economics is the science that studies the production, distribution, and consumption of goods and services. It primarily focuses on how individuals, organizations and governments allocate scarce resources to satisfy their wants and needs. It involves decisions about what to produce, how to produce it and who gets the produced goods or services.
While equitable distribution of resources and creation of financial markets are still part of economics, the best utilization of scarce resources tops the center stage. Accounting or keeping a record of total resources is more related to the financial part of economics but not the core principle.
Expected return of a portfolio is calculated using the following formula;
R(P) = wF*R(F) +wL*R(L)
R(P) =return of portfolio
wF = weight invested in Fremont
R(F) = return of Fremont
wL = weight invested in Laurelhurst
R(L) = return of Laurelhurst
Next, plug in the numbers to the formula;
R(P) = 0.56*0.13 + 0.44*0.19
R(P) = 0.0728 +0.0836
R(P) = 0.1564 or 15.64%
Expected return of portfolio is therefore 15.64%
Which type of need (according to Maslow’s theory of motivation) comes from a desire to realize and achieve one’s true potential?
The type of need that comes from a desire to realize and achieve one’s true potential is the self-actualization need.
What is Maslow’s theory of motivation?
Maslow argued that a person's effort to satisfy five basic wants leads to desire, which can lead to internal demands that might affect a person's actions.
Moving up Maslow’s hierarchy pyramid from psychological requirements all the way to transcend is the objective. Historically, one of the most crucial and difficult tasks for leaders has been motivating staff members in an effective way.
Self-actualization occurs when a person is able to match up to their perceived potential and be what they were originally "supposed" to be. If all of the lesser wants have been addressed to a satisfactory level, the desire for self-actualization will be met.
Learn more about Maslow’s theory of motivation, here:
The desire to realize and achieve one's true potential is the self actualization need from Maslow's hierarchy of needs.
Maslow formed a theory that everyone has 5 basic needs in life and these needs motivate behavior to achieve those needs. He starts with the most basic physiological needs (food, water, shelter) to the higher order or self actualization. Self actualization deals with being motivated by doing things you love and things that fit your true self. That is why realizing and achieving your true potential fits here.
to what degree do you think the creativity of the firm is a function of the creativity of individuals, versus the structure, routines, incentives, and culture of the firm? can you give an example of a firm that does a particularly good job at nurturing and leveraging the creativity of its individuals?
Any job that requires selling things requires a firm's effort to encourage and guide the employees and allow them to be creative. Thus, a firm's creativity is a function of individuals' creativity.
What is creativity in business?
Businesses can use business creativity to create new solutions or better and more collaborative work environments.
Suppose, as an insurance agent, you get trained for a few days. then pushed into the sea of people to sell insurance.
Your manager does not expect you to adopt a machine tone but instead encourages developing your own communicative style to help you sell more.
If you were to continue with this job you would eventually come up with your own creativity to captivate an audience and sell as many insurances as you want.
Thus, a firm's creativity is a function of individuals' creativity.
To learn more about business creativity, refer to the link:
any job that requires you to sell stuff. let's say, as a candy boy, you get trained for a few minutes. then tossed into the sea of people to sell chocolate. your supervisor does not expect you to adapt a robotic tone but instead encourages developing your own charismatic style to help you sell more. if you were to continue with this job you would eventually come up with your own way to captivate an audience and sell as many chocolates as you want.
Which of the following might be requested on typical job application