Answer:
Promotions is the part of marketing that specifically involves communicating company or product information to targeted customers. This is a key component of the broader marketing system, because it is what usually makes customers aware of you, attracted to your brand, interested in buying and ultimately, loyal customers. Advertising, public relations and personal selling are three staple methods of promotion, though some new techniques have emerged in the early 21st century.
Advertising
Advertising takes up a significant portion of a company's budget allocated toward marketing and promotion. It includes the development and paid delivery of brand or product messages through media. Companies usually have internal advertising departments that design and develop ads, or they work with advertising firms who specialize in the advertising process. Since you pay for ad placement in media such as television, radio, newspapers and magazines, you generally have more control over the message than you do through some other promotional methods.
Public Relations
Maintaining goodwill with the public is an important long-term strategy for both small and large companies. A variety of public relations tactics are used to reach out to customers through unpaid-for media messages. Press releases are one of the most common and routine PR tactics. This is when a company sends an overview of a major change or event, product launch or other news to various media outlets. Press conferences, features news reports and newsletters are other common PR tools. A general objective of PR is to keep your brand in front of people even beyond paid ads. The challenge is you can't always control the way your PR messages are delivered or received.
Selling
While business typically engage in some level of advertising and public relations, the use of personal selling tactics varies considerably. Some small businesses don't employ active sales associates based on the small-scale products or services they sell. Companies with big-ticket items, such as electronics or appliances, more often use sales associates to stress the benefits of products to customers and to overcome their concerns. Selling is one of the most interactive forms of promotion.
Advertising, public relations and personal selling can promote products and services and describe the strengths and weaknesses of each.
What is a business?Business refers to the activity of creating, purchasing, and reselling goods in order to support oneself financially.
Advertising: A considerable amount of a bank's advertising and development budget is spent on advertising. The majority of businesses either use internal advertising teams to create and develop their ads or they contract with external ad agencies who specialized in the process of marketing.
Public Affairs: Keeping the public's trust is a crucial long-term approach for businesses of all sizes. Customers are reached through unpaid media messaging using a range of public marketing strategies. Among the most common and conventional PR strategies is the press release.
Selling: While businesses usually participate in some form of advertising and promotion, the utilization of personal selling techniques varies greatly. Because they provide such low-volume goods or services, several small enterprises don't have active sales representatives.
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The Outpost, a sole proprietorship currently sells short leather jackets for $369 each. The firm is considering selling long coats also. The long coats would sell for $719 each and the company expects to sell 820 a year. If the company decides to carry the long coat, management feels that the annual sales of the short jacket will decline from 1,120 to 1,040 units. Variable costs on the jacket are $228 and $435 on the long coat. The fixed costs for this project are $23,100, depreciation is $10,400 a year, and the tax rate is 34 percent. What is the projected operating cash flow for this project
Answer:
$134,546
Explanation:
Calculation to determine the projected operating cash flow for this project
Projected operating cash flow=
{[820 × ($719 − 435)] + [(1,040 − 1,120) × ($369 − 228)] − $23,100} × {1 − .34} + {$10,400 × .34}
Projected operating cash flow={[820 × $284)] + [$80 × $141] − $23,100} × {.66} + {$3,436}
Projected operating cash flow= $134,546
Therefore the projected operating cash flow for this project is $134,546
When choosing a distraction channel, the impact it has on an offering's costs can significantly affect the Of the offering and how much consumers are willing to pay for it
Hi, you've asked an incomplete question. However, I provided some explanations on distribution channels.
Explanation:
Interestingly, the term distribution channel is one often used in businesses today to refer to the various routes or intermediaries their goods or services passes through before it gets to the end-user or buyer.
Today the popular distribution channels among businesses include:
retailers,wholesalers,distributors, the Internet.Among the various options, the internet has been attributed by some big businesses to be most instrumental in their distribution process.
Chris laughed at some of the cultural mistakes companies made in advertising and promotion in international trade while he was in school. Now he was trying to determine what had gone wrong with the campaign he had planned in Latin America for his company's product, and it didn't seem quite as amusing. He narrowed the issues to sociocultural factors. He was looking at both __________ and __________. Group of answer choices
Answer:
He was looking at both visible artifacts and underlying values.
Explanation:
Visible artifacts are organizations attitude and behavior towards surroundings. Chris has identified some of the mistakes made in advertising by a company. He was trying to determine the issue with the marketing team of the company and he concluded the main reason to be sociocultural factor.
If the firm finances investment spending out of retained earnings, then the interest rate is: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices the equivalent of income plus transfers minus taxes. the ratio of the total change in real gross domestic product (GDP) caused by an autonomous change in aggregate spending to the size of that autonomous change. the opportunity cost of using those funds for a particular investment project. irrelevant.
Answer: the opportunity cost of using those funds for a particular investment project.
Explanation:
Financing investment from the retained earnings of a company might seem like a costless method of sourcing funds but there is a cost that needs to be accounted for. This is the opportunity cost of not using those retained earnings for something else.
For instance, if Parrain Inc. decided to expand using retained earnings when they could have invested in a project that gave a return of 12% per year, the interest rate for the expansion is that 12% they could have earned from the other project.
what do you mean by high and middle level profession.
medium level profession can be defined as some one who has moved past entry level but isn't nearing the end . whereas high level profession means a person has moved past entry level and also has reached the end
Explain one difference between international and home trade
Answer:
Mobility of Labor and Capital: "One very important difference between home trade and international trade is that labor and capital are not so mobile between different countries as they are in their own countries."
Explanation:
hope this helps c:
Answer:
Should be: Mobility of Labor and Capital
Explanation:
An agency problem can occur when A. it is difficult or expensive for the owners to verify what the agent is actually doing. B. the owners and agents have different attitudes toward risk. C. the desires and objectives of the owners and agents conflict. D. executives do not select risky strategies because they fear losing their jobs if the strategy fails. E. all of the above.
Answer:
The answer is E.
Explanation:
In a public company, the directors are the agents of the company while the shareholders are the principals(owners) of the company. Because most times, shareholders doesn't have the needed skills and experience to run businesses, they employ director/management (agent) to run their businesses. Most times there is conflict of interest, for example, the managers might prefer a risky business while the shareholders might prefer less risky, this type of scenario creates agency problem.
Agency problem (principal-agent problem) is a conflict of interest that happens when the directors (agent) don't fully represent the best interest of the shareholders (principal)
So all the options in the question represents agency problem.
Who
among
the halian composers,composed the score for la boheme
swer :
Answer:
La bohème: is an opera in four acts, composed by Giacomo Puccini between 1893 and 1895 to an Italian libretto by Luigi Illica and Giuseppe Giacosa, based on Scènes de la vie de bohème (1851) by Henri Murger.
Automobile manufacturing is an industry subject to significant economies of scale. Suppose there are four domestic auto manufacturers, but the demand for domestic autos is no more than 2.5 times the quantity produced at the bottom of the long-run average cost curve. What do you expect will happen to the domestic auto industry in the long run
Answer:
• One firm to have left.
• At least one will be suffering.
Explanation:
There are four companies in this scenario which means that demand should at least be 4 times the production for all of them to sell.
With demand at only 2.5 times, at least one company will not be selling enough cars to survive in the industry so they will exist.
Another one will stay but will face tough times because a demand of 2.5 times production will not be enough to Carter or three companies.
Economic fine-tuning is the (usually frequent) use of Group of answer choices fiscal policy that both balances the budget and counteracts even small undesirable movements in economic activity. monetary and fiscal policies to counteract even small undesirable movements in economic activity. only fiscal policy to counteract even small undesirable movements in economic activity. monetary policy that is based on a predetermined steady growth rate in the money supply to counteract even small undesirable movements in economic activity.
Answer:
monetary and fiscal policies to counteract even small undesirable movements in economic activity.
Explanation:
Economic fine-tuning is the (usually frequent) use of monetary and fiscal policies to counteract or subvert even small undesirable movements in economic activity.
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
On the other hand, Fiscal policy refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
Use "auto.Dta". The study claims that average price of foreign cars is more than average price of domestic cars. Check validity of this claim by using dataset. Explain and mention all steps that are necessary for decision.
Answer:
Yes.
Explanation:
Yes, the claim of statement ''The study claims that average price of foreign cars is more than average price of domestic cars.'' is correct because the cars which is imported from foreign countries have high duty on them. This duty tax on these cars make them very expensive while on the other hand, the domestic cars have no duty on it so they are lower in price as compared to foreign cars.
The Simpsons are buying the Martin's house for $415,000, and closing is set for March 15. The Martins have a loan balance of $230,000 at a rate of 4.7% and have prepaid property taxes ($2,506) and insurance ($1,400), and they also have mortgage interest to consider. Using a 365-day proration method, calculate the prorated amount the Simpsons will owe the Martins at closing. Assume February has 28 days this year. The sellers own the day of closing.
Answer:
$1,997.62
Explanation:
Calculation to determine the prorated amount the Simpsons will owe the Martins at closing.
First step is to Calculate daily rates for taxes to be prorated
Daily rates for taxes=$2,506 ÷ 365
Daily rates for taxes= $6.87
Second step is to calculate Martins pay for the first 74 days which is January 1 through March 15
Pay=74 x $6.87
Pay= $508.38
Now let determine the prorated amount
Prorated amount=$2,506 - $508.38
Prorated amount= $1,997.62
Therefore the prorated amount the Simpsons will owe the Martins at closing is $1,997.62
Ilus
What are the gross sales?
Income Statement
For the Year Ended August 31, 2012
Revenues
Student Lessons
$29,520.00
Recital Sales
15,900.00
Total Revenues:
45,420.00
Expenses
Costumes and Accessories
Building Maintenance
Total Expenses:
16,700.00
11,320.00
28,020.00
*Call numbers in 000s)
The gross sales are the total amount of revenue earned before deducting any expenses. In this case, the gross sales are $45,420.00, which is the total of the revenues earned from student lessons and recital sales.
Gross sales are the total amount of revenue generated from the sale of goods or services before any deductions are made for discounts, returns, or allowances. It represents the overall performance of a business and is an important metric for measuring growth and profitability. Gross sales are usually reported on the income statement, along with the cost of goods sold and other expenses, to calculate net income or loss.
Therefore, the gross sales are $45,420.00, which is the total of the revenues earned from student lessons and recital sales.
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A company incurs factory overhead costs of $1,200 and applied $1,500. If the difference is considered immaterial, then the: (Check all that apply.) Multiple select question. Factory Overhead account has a credit balance of $300 before adjusting. adjusting entry will require a debit to Cost of Goods Sold. adjusting entry will require a credit to Cost of Goods Sold. Factory Overhead account has a debit balance of $300 before adjusting.
Answer:
Factory Overhead account has a credit balance of $300 before adjusting.
adjusting entry will require a credit to Cost of Goods Sold.
Explanation:
Given that the actual overhead is $1,200 so the same should be debited to factory overhead account
And, the applied overhead is $1,500 so the same should be credited to the factory overhead account
In addition to this, the applied overhead is more than the actual overhead
So, these two statements should be considered
"In the summer 2012 the lobster catch in Maine was especially large, but instead of celebrating the fisherman were suffering from a lower total revenue. (Source: New York Times, July 28, 2012) We learn from the article that despite the larger quantity of lobster caught, the total revenue of the fisherman decreased. This fact means that the demand for lobster is"
Answer:
Inelastic
Explanation:
The inelastic demand means the demand of the product does not vary when there is much change in the price. Let us assume that if the price is increased by 20% so the demand decreased only by 1% so here we can said there is inelastic demand
Also due to increased in the supply, the demand does not increased that much. So if the price is decreased so the demand does not respond due to which the total revenue comes down
So as per the given situation, having the large quantity caught the revenue is decreased so here the demand should be considered inelastic
When Hot Topic was refused by Union Bank, its financial managers submitted applications to Chemical Bank, Washington Mutual, and Wells Fargo.
Answer: The question you wanted to ask is missing, The excerpt related to your question is missing but i was able to get it online but I could not attached it .
Question : pick the correct option
answer :
Chemical Bank, Washington Mutual, and Wells Fargo
Explanation:
When Hot Topic was refused by Union Bank, its financial managers submitted applications to Chemical Bank, Washington Mutual, and Wells Fargo.
Because these Banks were willing to accept and work with the Hot topic .
Lorenzo just received a prestigious fellowship to study abroad for a year! However, he still has six months left on his one-year apartment lease. His landlord has given him permission to draw up a new agreement with his sister Maggie, whereby Maggie will live in the apartment, pay rent to Lorenzo, and then Lorenzo will pay the landlord. This is an example of ______.
Answer:
Assignment
Explanation:
Since in the given situation it is mentioned that Lorenzo has received the fellowship for studying abroad for a year but he needs to stay 6 months in the apartment also at the same time the landlord gives the permission for the new agreement with his sister where his sister pay the rent to him and then he pay the rent to landlord so this represent the assignment which needs to be followed for the 6 months anyhow
A person performs a cost-benefit analysis in order to:
A. calculate the expenses of multiple businesses competing in the
same market.
B. evaluate the possible positive and negative effects of different
economic decisions.
C. analyze economic data to reach general conclusions about a
country's economy.
D. determine the tax rates a business will pay depending on its
profits in a year.
o
Answer:
B. evaluate the possible positive and negative effects of different economic decisions.
Explanation:
Cost-benefit analysis (CBA) is used to examine and compare the cost associated with a project or task and the benefits derived from it.
Simply stated, cost-benefit analysis is a form of utilitarianism commonly used by individuals, business firms and government in the decision-making process, as all the cost incurred are determined and analyzed.
This ultimately implies that, it may be used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Cost-benefit analysis (CBA) sums the total cost associated with a project (activity) and compares this cost against the total benefits that would be generated. Thus, it helps in the decision-making process by comparing the net present value (NPV) of the cost of a particular project with the net present value (NPV) of its benefits.
Hence, a person performs a cost-benefit analysis in order to help him or her evaluate the possible positive and negative effects of different economic decisions with respect to an investment, project, activity, or programme.
Accounts receivable f. The right to receive cash in the future from customers for goods sold or for services performed. 2. Other receivables e. A miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. 3 Debtor b. The party who receives a receivable and will collect cash in the future. 4. Notes receivable c. A written promise to pay a specified amount of money at a particular future date. 5. Maturity date d. The date when the note receivable is due. 6. Creditor
Answer:
1. Account receivable.
2. Other receivables.
4. Notes receivable.
5. Maturity date.
Explanation:
1. Account receivable: the right to receive cash in the future from customers for goods sold or for services performed. Accounts receivable can be defined as an account which gives information about legally enforceable monetary claims that are to be recovered by a company from a customer who is yet to make payment.
2. Other receivables: a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future.
3. Debtor: the party who receives a receivable and will collect cash in the future.
4. Notes receivable: a written promise to pay a specified amount of money at a particular future date.
5. Maturity date: it is the date when the note receivable is due.
Choosing a home can be a very personal matter. Some people care most about the location, while others are most concerned about the size, style, and amenities. What are your top priorities in choosing a home? What do you feel is unimportant in a home? Based on your priorities, what type of house do you think you'd be likely to buy?
Answer:
1:if i have enough money for the purchase.
2:if it suits my personal attributes.
Shrimpers in South Louisiana have accused China of selling shrimp in the United States at a lower price than U.S. suppliers. The goal of the Chinese, they argue, is to drive down the price of U.S. shrimp. The U.S. shrimpers are accusing the Chinese of Group of answer choices establishing an embargo. trade protectionism. applying import quotas. dumping. outsourcing.
Answer:
Dumping
Explanation:
Dumping is a term in economics that is used in describing a situation whereby a particular firm or country exports specific commodities to a particular foreign country at a price unit that is lower compared to the price unit that such commodity is being sold in that foreign country.
Hence, considering the situation described in the question above, the correct answer to the question is that the U.S. shrimpers are accusing the Chinese of DUMPING
Initial investments contributed to a company are which of the following? A. Shareholder's Capital and Debt B. Debt and Retained Earnings C. Shareholder's Capital and Assets
Answer:
The answer is C. Shareholder's Capital and Assets.
Explanation:
Stockholders' equity, also referred to as shareholders' or owners' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings, and treasury stock.
Conceptually, stockholders' equity is useful as a means of judging the funds retained within a business.
Contributed capital, also known as paid-in capital, is the cash and other assets that shareholders have given a company in exchange for stock. Investors make capital contributions when a company issues equity shares based on a price that shareholders are willing to pay for them. The total amount of contributed capital or paid-in-capital represents their stake or ownership in the company.
Contributed capital may also refer to a company's balance sheet item listed under stockholders' equity, often shown alongside the balance sheet entry for additional paid-in capital.
"Describe the trends and fluctuations in the U.S. employment-to-population ratio and the labor force participation rate from 1980 to 2017. The employment-to-population ratio _______. A. fluctuates less than the labor force participation rate B. followed an upward trend before 2000 and then followed a downward trend C. increases during a recession and decreases during an expansion D. barely responded to the 2008-2009 recession"
Answer: B. followed an upward trend before 2000 and then followed a downward trend
Explanation:
Before the year 2000, there was an upward trend in the employment to population ratio as more Americans were hired per the population. After the year 2000 however, this has faced a downward trend.
There are several reasons for this. One of them was the shift to Asian economies in the early 2000s causing a lot of American companies to outsource. Then there was the 2008 Great Recession which caused high rates of unemployment. The Corona Pandemic led to more job loss and a lot of people became discouraged and stopped looking for work.
Data from Estrin Corporation's most recent balance sheet and income statement appear below: This Year Last Year Accounts receivable $ 109,000 $ 106,000 Inventory $ 139,000 $ 158,000 Sales on account $ 787,000 Cost of goods sold $ 501,000 The average sale period for this year is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice 45 days 50 days 101 days 108 days
Answer:
d. 108 days
Explanation:
Average Inventory = (Beginning balance + Ending balance) / 2
Average Inventory = ($139,000 + $158,000) / 2
Average Inventory = $297,000 / 2
Average Inventory = $148,500
Inventory Turnover ratio = Cost of goods sold / Average Inventory
Inventory Turnover ratio = $501,000 / $148,500
Inventory Turnover ratio = 3.37 times
Average days to sell inventory = Days in a year / Inventory Turnover ratio
Average days to sell inventory = 365 days / 3.37 times
Average days to sell inventory = 108.31 days
For each separate case, record the necessary adjusting entry. On July 1, Lopez Company paid $2,000 for six months of insurance coverage. No adjustments have been made to the Prepaid Insurance account, and it is now December 31. Zim Company has a Supplies account balance of $6,600 at the beginning of the year. During the year, it purchased $2,800 of supplies. As of December 31, a physical count of supplies shows $1,200 of supplies available. Prepare the year-end adjusting entries to reflect expiration of the insurance and correctly report the balance of the Supplies account and the Supplies Expense account as of December 31.
Answer:
Adjusting Entries
December 31
Dr. Insurance Expense $2,000
Cr. Prepaid Insurance $2,000
December 31
Dr. Supplies Expense $8,200
Cr. Supplies account $8,200
Explanation:
On December 31, six months have been accrued and all of the amounts of prepaid insurance became accrued. hence it will be recorded as an expense.
Now calculate the supplies expense using the following formula
Supplies expense = Beginning Supplies + Purchases during the year - Ending Supplies = $6,600 + $2,800 - $1,200 = $8,200
Work-in-Process Inventory for Wendall Productions has a balance of $2,600 at the end of the accounting period. The cost summaries for the uncompleted jobs showed direct materials of $1,200 and direct labor of $800. Wendall applies manufacturing overhead on the basis of direct labor cost. The company's predetermined overhead rate is:
A. $1.00 per direct labor dollar
B. $0.65 per direct labor dollar
C. $0.50 per direct labor dollar
D. $0.75 per direct labor dollar
Answer:
D. $0.75 per direct labor dollar
Explanation:
Total work in process = $2,600
- Direct materials cost = ($1,200)
- Direct labor cost = ($800)
Manufacturing overhead = $600
Predetermined overhead cost = total overhead cost / total direct labor costs = $600 / $800 = $0.75 per direct labor dollar
Imagine that you were reading an international marketing text in which you learned
that the GDP for a nation that was a member of the former Soviet Union was $1.56
billion. A few pages later in the same text, the book states that that nation's real GDP
was $800,000. From reading this information, you would know that:
Answer: this former member of the Soviet Union had a high rate of inflation
Explanation:
Real GDP refers to the measuring of the gross domestic product of a country after it has been adjusted for inflation. On the other hand, the nominal GDP hasn't been adjusted for inflation and makes use of current prices.
Since the real GDP is $800,000 while the other GDP given is $1.56 billion, then it can be infered that this former member of the Soviet Union had a high rate of inflation. This is because when there's inflation, the average of all the prices of the goods and services will rise which is depicted by the difference in the GDP given.
The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $ 45,000 Sale of long-term investment $ 24,000 Dividends received on long-term investments $ 9,000 Paid off bonds payable $ 12,000 Depreciation expense $ 32,000 Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be: Multiple Choice $(32,000) $(69,000) $(12,000) $(21,000)
Answer:
$(21,000)
Explanation:
The computation of the net cash provided by (used in) investing activities is shown below:
Cash flows from investing activties
purchase of plant and Equipment = -$45,000
Sale of long term investment $24,000
net cash used by investing activities - $21,000
Hence, the last option is correct
When the production process is complete in process costing, the completed goods and the accumulated costs are transferred across departments using a journal entry that includes the following: multiple choice A debit to the Finished Goods Inventory account and a credit to the Work in Process account for the first department in the series of processes. A debit to the Finished Goods Inventory account and a credit to the Work in Process account for the final department in the series of processes. A debit to the Work in Process Inventory account for the first department in the series of processes and a credit to the Finished Goods Inventory account. A debit to the Work in Process Inventory account for the final department in the series of processes and a credit to the Finished Goods Inventory account.
Answer:
A debit to the Finished Goods Inventory account and a credit to the Work in Process account for the final department in the series of process
Explanation:
In the case when the process related to the production is finished so the completed goods and accumulated profits could be transferred
So, the following should be the journal entry
Finished goods inventory XXXXX
To Work in Process Inventory - Final dept XXXXX
(Being the production process is completed recorded)
Here the finished goods is debited as it increased the assets and credited the work in process as it decreased the assets
A principal purpose of the Securities Exchange Act of 1934 is generally considered to be:
[A] To establish specific statutory standards for contractual agreements between those corporations issuing bonds and the representatives of investors who own the bonds.
[B] To protect the public against unfair and inequitable practices in the over-the-counter market and on stock exchanges.
[C] To reimburse customers of failed broker/dealers.
[D] To establish standards to govern activities of those organizations which engage in the business of providing securities investment advice.
Answer:
[B] To protect the public against unfair and inequitable practices in the over-the-counter market and on stock exchanges.
Explanation:
A stockbroker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.
Additionally, the actions or activities of a broker in the financial market is regulated by regulatory (financial) institutions such as the securities and exchange commission (SEC).
The SEC, an acronym for Securities and Exchange Commission was created under the Securities Exchange Act of 1934. The Act empowered the SEC to require registration of securities, security exchanges, and reporting by publicly owned firms.
Hence, a principal purpose of the Securities Exchange Act of 1934 is generally considered to be to protect the public against unfair and inequitable practices in the over-the-counter market and on stock exchanges.
Answer:
[B] To protect the public against unfair and inequitable practices in the over-the-counter market and on stock exchanges.
Explanation:
A principal purpose of the Securities Exchange Act of 1934 is generally considered to be: To protect the public against unfair and inequitable practices in the over-the-counter market and on stock exchanges.
