Assignment 1: Economic Basics (24.0 points) 1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points) Financial planning skills can help you acquire more in term of finance and can also help you secure what you have. When you have skill to plan, you are aware of how to manage your account hence adding on your profit.
4. One of the functions of money is as a store of value. How does inflation affect money's ability The value of the dollar would decrease; prices in stores would go up. We carry money so we don’t have to 5. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy.
Assignment 1: Economic Basics (24.0 points) 1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points) Create a budget because if I make a budget, then I can have extra money for myself. I will know how much to spend.
1.0 points) -Free automatic savings programs - Free online banking - Free account alerts. c. List three facts about checking account options at the bank or credit union you chose. (3 sentences. 1.0 points) - Earns interest, no fee for Chase design checks, no fee for Safe Deposit box. d. Does this bank or credit union offer online banking?
0.5 points) Auto repair and tutoring 4. One of the functions of money is as a store of value. How does inflation affect money's ability to store value? (3-6 sentences. 2.0 points) Inflation affects money's ability to store value because inflation makes the value of money go down.
1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points) 2. List two examples of goods you have purchased in the past or may purchase in the future.
This is putting your action points from the Decide stage into action to achieve the goals laid out in the assess stage – whether it is shopping around for the best value financial products, or looking for ways to increase your income. The Review Stage is essential, and
In 2011, Collective Brand, Inc. revenue was $3.4 billion. Payless Shoesource, Inc. sell variety of men, women, and children shoes. Although, shoes are the main product of the company, Payless also sell handbags, socks, hosiery, and accessories (jewelry, scarves, etc.). Payless is also known for the slogan BOGO, which means Buy One Get One. Buy one shoe at regular price, and get the other shoe at equal or lesser value free.
Management is required to set realistic goals for the company along with objectives. A plan of action will be set and requiring management to let others be aware of the policies that need to be followed. Is helps keep the companies managers aware of the finances and the future of the company’s finances to make the right decisions. Controlling is when the company must follow the original plans that have been set from the beginning. Organizing and directing is thinking of ideas and putting into effect.
6. The learning activities to be used in the training should be logically linked so the trainees start with the most basic material and finish with the more complex assignments. Moreover, assignments should include real life cases and group discussions. It is more effective if the real cases are from the company, in this case, PPP. 7.