Answer: If you want to purchase any kind of goods and services like furniture, appliances, electronic gadgets, and other such items but you do not have enough money or cash or credit to purchase it, then the rent to own becomes your lender of last resort.
They are the business where they collect weekly or monthly payments of the product and until the cost of the item is not covered and then the items come in the buyer’s possession after the payment is made in full.
Answer:
a. the rapid development of the Internet's capabilities.
Explanation:
It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and the rapid development of the Internet's capabilities.
Globalization can be defined as the process of developing technology, people, investments, informations, products in order to create international influences across cultures and national markets or borders. This makes it possible for various multinational enterprise or companies to break into different markets across world and compete effectively with other companies.
Also, the rapid development of the Internet's capabilities gives various companies the ability and privilege to technology and software applications to seamlessly meet the needs of customers over the web such as cloud computing services, Internet of things (IoT) etc.
Answer:
o identify the reasons for switching of clients to B&S , we shall first examine our weaknesses and loopholes toward the valuable clients. It will give us some basics like pricing policies, benefits to the clients, strongest part of our immediate competitor, style of our services team and managers etc.
After knowing the possible reasons of customers switching to other business, i will start improving our offerings. I will make a team of client service officers who will carefully contact the existing as well as older clients and make them assure to reorder with our business as our offerings have more advantages to them. We shall offer them cost advantage, product's increased benefits, revival of their plans and requirements and door step delivery and 24×7 hours services. I will give competitive discounts on bulk order . Even , we shall give them better credit facilities which will attract more clients to associate with our offerings.
I think that clients will again back for our products and services . We shall welcome them again with improved products and services. I hope that the sales turnover and market share of our organization will increase day by day with respect to our immediate competitor.
The value and cost of goods are easiest to determine when the goods are private goods.
And the best answer is D.
It will help you.
Answer:
His total amount of interest over the period of 30 years would be $608,290.26.
Explanation:
His loan will be calculated based upon the remaining principle after each monthly payment.
For example his 1st payment @6.25% interest rate on full amount of $500,000 would be ($500,000*6.25%= $31,250/12 = $2,604.17). We divide the total amount of interest by 12 to get the monthly payment amount.
Now after we get the interest amount, we reduce this interest amount from his total monthly payment of $3,078.59 to get the monthly principle repayment which comes out at $474.42 for the first month.
After that we reduce this principle repayment from his original loan balance of $500,000 to get his new balance of $499,525 on which interest will be levied i.e. ($499,525*6.25%/12 = 2601.7). This step goes on for 30 years and his total interest payment in those 30 years will be $608,290.26.
