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What is multiple buying influence?
Multiple buying influences
Explain three things to cinsider before paying for a product online?
Three things to consider before buying an object online are shipping cost, if the item can be found cheaper locally, and if the website and order process is secure.
How do you use fractions everyday?
cooking & buying a slice of pizza
What is vertical integration and horizontal combination?
Vertical Integration is the act of a corporation buying everything dealing with the product: from raw material harvesting, manufacturing, shipping, etc. One famous vertical integrator is Andrew Carnegie and his Carnegie Steel Company, which controlled the iron mines, coal mines, railroads and steel mills.Horizontal Combination is the act of a corporation "buying out" the competition. This ensures that the corporation imposes a monopoly since their competition is gone. One famous example is John Rockafeller's Standard Oil Company that owned a monopoly on the process of oil refining.
What is 6 percent tax?
'6 percent tax' can mean 2 things, depending whether or not the tax is inclusive. If it is not inclusive it means that you owe a further 6% of whatever your buying/receiving. For example if you're buying something for £100 and VAT (at 6%) is not included you would owe £6 to the tax man. If it is inclusive it means that 6% of whatever your buying/receiving. If you are buying something for £50 and VAT is included (at 6%) 6% would be paid to the tax man for you.
