Ask Question
23 June, 19:06

Joaquin is offered vocational training that will cost $3,000 but will make him eligible for a promotion. Joaquin is trying to decide whether to get the training or put the money in savings for retirement. Which statement is true?

+5
Answers (1)
  1. 23 June, 22:03
    0
    "Joaquin should take the class because a promotion will mean a larger salary over the long term compared to a single cash advantage" statement is true.

    Explanation:

    The promotion campaign aims at raising awareness, building curiosity, generating sales or creating brand loyalty. Thus Joaquin should devote for classes of vocational training by investing money in order to learn promotion techniques and advantages which can benefit him in large scale in future rather than investing money for saving for retirement purpose. Because it is slow-process with consistency. It is considered as single cash advantage, where one time money is saved and will be benefited only after retirement that also limited.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Joaquin is offered vocational training that will cost $3,000 but will make him eligible for a promotion. Joaquin is trying to decide ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers