Which of the following is the best description of investing?
a. The amount a policy owner has to pay for a claim.
b. Money is spread across a variety of stocks, bonds, or mutual funds.
c. It is the process of creating a detailed plan of your monthly and annual financial goals.
d. A vested interested is acquired in someone else's business.
d
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Compare and contrast strategic planning and operational planning
What will be an ideal response?
A small refrigeration shop stocks up on electric motors from a catalog supplier located in the Midwest. The price of the motors varies depending on the quantity purchased; the price breaks are shown in the table
The refrigeration shop knows it will need around 600 motors for the coming season and that it will cost them about $40 to place an order. Storage cost for the motors is $10 each. In previous years they have bought all 600 at once and they are considering doing this again. What order quantity would you advise and how much can they save using your recommendation instead of their one order per year strategy? Quantity Price/unit 1-49 $35.00 50-99 $34.00 100-499 $33.00 500 or more $30.00 What will be an ideal response?