Answer:
A - Value co - creation
Explanation:
Value co - creation is a strategy that promotes and encourages active involvement from the customer to create on-demand and made-to-order products. with this strategy, consumers get exactly what they want and are involved in making it happen. So the Art gallery using such information is clearly using a value - co creation strategy to build loyalty among its customer.
Pear Tree Electronics is a large conglomerate that operates in 17 different countries. The corporate executives at the headquarters have decided that the company's objective for the next two years will be to increase its customer equity, or the value of potential future revenues generated by all its customers in a lifetime. Based on this guideline received from the top management team, the product leader of the home audio division has decided to adopt a cost-leadership strategy in all his 17 units. Thus, the decision made by the product leader best illustrates a _______ strategy.
Answer: Business strategy
Explanation:
The business strategy is one of the type of systematic process for analyzing the main goals of an organization by making a summarized report based on the actual expectations of the consumers.
The importance of the business strategy is that it helps in achieving the main goals of the company and also sustain the various types of competitive benefits in the market.
According to the given question, the given product leader given situation best illustrate the business strategy in order to achieving the various types of goals and the superior performance in an organization.
Therefore, Business strategy is the correct answer.
The product leader's decision to adopt a cost-leadership strategy across multiple international units represents a global standardization strategy, focusing on economies of scale and competitive pricing to increase customer equity. This decision aligns with Michael Porter's cost leadership strategy, which aims to compete by keeping costs below those of competitors while operating in a broad market.
Based on the guideline from top management to increase customer equity and the product leader's decision to adopt a cost-leadership strategy in all 17 units of the home audio division, the decision made by the product leader best illustrates a global standardization strategy. This type of strategic approach implies that the product leader is aiming to exploit the economies of scale and produce a standardized product that delivers value to the customer primarily through its competitive pricing across different markets. The global standardization strategy is generally contrasted with strategies that focus more on adaptation to local markets or that balance cost efficiencies with product differentiation.
Michael Porter's concepts differentiate between a cost leadership strategy, which focuses on minimizing costs and price to compete in the market, and a product differentiation strategy, which focuses on creating unique products that can command a premium price. The product leader's choice of a cost-leadership approach aligns with Porter's recommendations for pursuing aggressive programs to manage costs for competitive advantage while operating in a broad market as opposed to a niche segment, known as a focus strategy.
Moreover, firms practicing a cost leadership strategy like Pear Tree Electronics must be vigilant in maintaining low costs while offering products that meet minimum market standards. This strategy aligns well with the desire to expand customer equity, as it aims to attract price-sensitive customers and secure a large market share through competitive pricing.
Knowledge about how the world works that is used to produce goods and services is: Please choose the correct answer from the following choices, and then select the submit answer button.
Answer:
Hi
The factors of production are the basic elements to produce goods and services to meet our needs. They can be nature, work and capital, but currently, it considers that there are five productive factors, since the three already mentioned have been added, the human knowledge that is incorporated into the work and technology factor, which is incorporated into the capital.
- Natural resources. They are those that are available in nature and are used as raw material (minerals, trees, plants) or as a source of energy (water, oil, wind) in the production of goods.
- Capital. It is the financial resources, such as money, that must be invested in the production of new goods or services. Material resources are also counted as part of the capital factor, it is the set of material goods created by people and used to produce goods or services.
- Job. Most important productive factor and refers to the physical and intellectual effort developed by people, with the objective of intervening in the productive activity. Its effort, its educational level, its technical training and professionalism, as well as its values are essential for the quality of the production process and the success of a company.
Explanation:
As a graduating senior, Chun Kumora of Manhattan, Kansas, is eager to enter the job market at an anticipated annual salary of $54,000. Assuming an average inflation rate of 3 percent and an equal cost-of-living raise, what will his salary possibly become in ten years? In 20 years? (Hint: Use Appendix A.1.) To make real economic progress, how much of a raise (in dollars) does Chun need to receive next year and the year after?
Answer:
a. Chun Kumora's salary in ten years=$72,571.48
b. Chun Kumora's salary in twenty years=$97,530.01
c. Amount of raise Chun needs to receive next year=$1,620
d. Amount of raise Chun needs to receive the year after=$3,288.60
Explanation:
When choosing a career, there are various factors that need to be considered. One such factor is the salary. The expected salary should match with the salary average salary in the market. In our case, the annual salary is expected to be $54,000, but in order to estimate future salary requirements, the inflation rate has to be considered since the value of money reduces with time. Lets solve Chun Kumora's case as follows;
a. Salary in ten Years
The future value of the $54,000 salary in ten years while accounting for inflation can be expressed as;
F.V=P.V(1+r)^n
where;
F.V=future value
P.V=present value
r=inflation rate
n=number of years
In our case;
F.V=unknown, yet to be determined
P.V=$54,000
r=3%=3/100=0.03
n=10 years
replacing;
F.V=54,000(1+0.03)^10
F.V=54,000(1.03)^10
F.V=$72,571.48
Chun Kumora's salary in ten years=$72,571.48
b. Salary in twenty Years
The future value of the $54,000 salary in twenty years while accounting for inflation can be expressed as;
F.V=P.V(1+r)^n
where;
F.V=future value
P.V=present value
r=inflation rate
n=number of years
In our case;
F.V=unknown, yet to be determined
P.V=$54,000
r=3%=3/100=0.03
n=20 years
replacing;
F.V=54,000(1+0.03)^20
F.V=54,000(1.03)^20
F.V=$97,530.01
Chun Kumora's salary in twenty years=$97,530.01
c.
Amount of raise Chun needs to receive next year;
In our case;
F.V=unknown, yet to be determined
P.V=$54,000
r=3%=3/100=0.03
n=1 year
replacing;
F.V=54,000(1+0.03)^1
F.V=54,000(1.03)^1
F.V=$55,620
Raise=Amount next year-current amount
where;
Amount next year=$55,620
current amount=$54,000
replacing;
Raise=56,620-54,000=$1,620
d.
Amount of raise Chun needs to receive the year after;
In our case;
F.V=unknown, yet to be determined
P.V=$54,000
r=3%=3/100=0.03
n=2 year
replacing;
F.V=54,000(1+0.03)^2
F.V=54,000(1.03)^2
F.V=$57,288.60
Raise=Amount next year-current amount
where;
Amount next year=$57,288.60
current amount=$54,000
replacing;
Raise=$57,288.60-54,000=$3,288.60
Chun's salary in 10 years could potentially become $72,597, Chun's salary in 20 years could potentially become $97,715 and To maintain his purchasing power, Chun needs to receive a raise of $1,620 next year and $1,620 the year after, to keep pace with the 3% inflation rate.
The formula for future value with inflation:
[tex]\[ \text{Future Value} = \text{Present Value} \times (1 + \text{Inflation Rate})^{\text{Number of Years}} \][/tex]
alary in 10 years:
[tex]\[ \text{Future Salary in 10 years} = 54,000 \times (1 + 0.03)^{10} \][/tex]
[tex]\[ \text{Future Salary in 10 years} = 54,000 \times (1.03)^{10} \][/tex]
[tex]\[ \text{Future Salary in 10 years} \approx 54,000 \times 1.3439 \][/tex]
[tex]\[ \text{Future Salary in 10 years} \approx \$72,597 \][/tex]
Salary in 20 years:
[tex]\[ \text{Future Salary in 20 years} = 54,000 \times (1 + 0.03)^{20} \][/tex]
[tex]\[ \text{Future Salary in 20 years} = 54,000 \times (1.03)^{20} \][/tex]
[tex]\[ \text{Future Salary in 20 years} \approx 54,000 \times 1.8061 \][/tex]
[tex]\[ \text{Future Salary in 20 years} \approx \$97,715 \][/tex]
Required Cost-of-Living Raise:
To maintain Chun's purchasing power (in real terms, adjusting for inflation), he needs to receive a raise that matches or exceeds the inflation rate each year.
Next Year's Raise:
The raise Chun needs next year to keep up with inflation can be calculated as:
[tex]\[ \text{Raise Next Year} = 54,000 \times 0.03 \][/tex]
[tex]\[ \text{Raise Next Year} = \$1,620 \][/tex]
Following Year's Raise:
Similarly, the raise Chun needs the year after would also be:
[tex]\[ \text{Raise Following Year} = 54,000 \times 0.03 \][/tex]
[tex]\[ \text{Raise Following Year} = \$1,620 \][/tex]
The day-to-day living conditions of modern Americans are very different from what they were in the 20th century. While doing research for an economics project, Charlie discovers that more households today, as compared to households 100 years ago, have electricity, air conditioning, and a car.
Which of the following gxplains why modern Americans enjoy a higher standard of living than Americans 100 years ago?
A) Market failures are nonexistent.
B) There has been economic growth in our society.
C) Americans have prospered and earned more money due to a complete lack of recessions.
D) The invisible hand has guided all nations around the world to this prosperity.
Answer:
B) There has been economic growth in our society.
Explanation:
The American economy has consistently been the largest economy in the world since 1871, while the rest of the economic podium has changed a lot. Currently the Chinese economy is number 2, but just a few years ago the Japanese economy was on second place. The United Kingdom is currently a large economy, but it was number 1 before the US, and then it continued to fall to the sixth place. Argentina was once of the largest economies and richest economies in the world, and now it is a developing nation.
The only constant position (at least until China surpasses the US) during the last 150 years has been the US at number 1.
That doesn't mean that the US economy grew every year and there were no recessions. The largest global recession originated in the US in 1929, the Great Depression. And just a few years back, in 2008 the Great Recession hit the US. The US has suffered from several minor recessions as well.
Assets and liabilities of a company are $150,000 and $30,000, respectively. Determine stockholders' equity using the accounting equation.
Answer:
Stockholders' equity using the accounting equation is $ 120,000.
Explanation:
The accounting equation is that assets of a business is equal to its liability and equity. So in order to calculate equity we will deduct liabilities from assets. Detail calculations are given below.
Assets = Liability + stockholders equity
150,000 = 30,000 + stockholders equity
stockholders equity = $ 120,000
A bank account earned 2% annual interest, compounded daily, for as long as the balance was under $1,000, starting when the account was opened. Once the balance reached $1,000, the account earned 2.5% annual interest, compounded daily until the account was closed. No deposits or withdrawals were made. Was the total amount of interest earned at the 2% rate greater than the total amount earned at the 2.5% rate?
Answer:
Yes, it was larger, since the total interest earned at the 2% was $39.43
Explanation:
If the account was open for only 3 years, and it earned $25 in interest at the 2.5% rate:
Interest earned = principal x (1 + r)ⁿ - principal
25 = 1,000 x (1 + 0.025/365)ⁿ - 1,000
1,025 = 1,000 x (1 + 0.025/365)ⁿ
(1 + 0.025/365)ⁿ = 1,025 / 1,000 = 1.025
1.00006849ⁿ = 1.025
n = 361 days
this means that it took exactly 734 days for the account to reach $1,000, and the most an account with a $1,000 balance can earn with an interest rate of 2% is $20.20. That means that the account's initial balance must have been $960.57.
If the initial balance was $960.57, during the 734 days it earned $39.43, which is larger than $25.
When a firm seeks to match the benefits of a successful position while maintaining its existing position (for example, an automobile manufacturer wants to occupy both the luxury-car segment and the performance-car segment at the same time). This is an example of: Sustainability. Trade-offs. Order qualifiers. Straddling.
Answer:
Straddling
Explanation:
The straddling refers to the comparison between the benefits which is come from the successful position and in the existing position.
It is matching the positions so that its pron and cons could be known plus it also maintains the level of an existing position so that it could make proper analyzes based on this, proper steps could be carried out. In short, it works with the two levels at the same time.
According to the given scenario, the most appropriate option is straddling that matches with the current situation.
The marginal benefit of another T-shirt this month to Mary is $15. If the $10 price of a T-shirt reflects its marginal cost to Mary and Mary uses economic reasoning, she:_______.
a) will sell the T-shirts she has to others who are willing to pay $10.
b) will not buy a T-shirt this month.
c) cannot gain by buying another T-shirt.
d) will buy another T-shirt this month.
Answer:
The correct answer is option d.
Explanation:
The marginal benefit of another T-shirt is $15. The price of the T-shirt is $10.
The marginal cost is equal to the price, so it is also $10.
The marginal benefit earned from the T-shirt is greater than the marginal cost incurred on a T-shirt.
According to economic reasoning, it is profitable to buy another T-shirt. So, Mary will buy another T-shirt this month.
Sharon, who works in accounting, noticed that the accounting records of her firm drastically overstated the amount of inventory on hand, which led to overstating the assets of the firm. She thought carefully about calling a government official to report this and in the end decided to do it because she would be protected by the:
Answer:
Sarbanes - Oxley Act
Explanation:
The Sarbanes - Oxley Act was passed into law by the United States Congress July 30th 2002 basically to provide protection for investors against financial reporting that are fraudulent by corporations. This law was enacted as a result of the cases of financial scandals that shook large companies including Enron Corporation around the year 2000.
The order to protect the investors from fraudulent reporting, the act also protects accounting officers such as Sharon who become whistle-blowers by reporting the malpractices and unethical accounting practices of corporations to the government for actions and sanctions.
Refer to Scenario 5-1. Using the midpoint method, what is the income elasticity of demand for pizza and what does the value indicate about the demand for pizza?
a) the income elasicity is 0.18 so pizza is a normal good.
b) the income elasicity is -1 so pizza is an inferior good.
c) the income elasicity is 1 so pizza is unitary elasitic.
d) the income elasicity is 1 so pizza is a normal good.
Answer:
D) the income elasticity is 1 so pizza is a normal good.
Explanation:
When the student's income is $10,000 per year, they eat 50 pizzas. If their income increases to $12,000, they eat 60 pizzas.
The income elasticity of demand using the midpoint method is calculated by using the following formula:
income elasticity = {change in quantity demanded / [(old quantity + new quantity) / 2]} / {change in income / [(old income + new income) / 2]}
= {10 / [(50 + 60) / 2]} / {2,000 / [(10,000 + 12,000) / 2]} = (10 / 55) / (2,000 / 11,000) = 0.182 / 0.182 = 1
Which of the following is true if the volume of sales increases (within a relevant range)? total variable cost increases total fixed cost increases total fixed cost decreases total variable cost decreases
Answer:
total variable cost increases
Explanation:
Variable cost refers to the expenses that change with production volume. There is a direct relationship between variable costs and the level of production. An increase in the output level will result in a rise in variable costs. For sales volume to increase, the output level must have been high.
A high production level is necessary to support a high sales volume. Examples of variable costs are packaging and raw materials. A high output level will require the use of a large volume of raw materials, hence higher costs. Fixed cost contrast variable costs, as they do not change with varying output.
Raj opens up a lemonade stand for two hours. He spends $10 for ingredients and sells $60 worth of lemonade. In the same two hours, he could have mowed his neighbor’s lawn for $40. Raj has an accounting profit of________ and an economic profit of____________ .
Answer:
Accounting profit = $50
Economic profit = $10
Explanation:
Accounting profit = Revenue - Explicit cost
$60 - $10 = $50
Economic profit = Accounting profit - Opportunity cost
$50 - $40 = $10
I hope my answer helps you
The purpose of the International Accounting Standards Board is to
1. issue enforceable standards which regulate the financial accounting and reporting of multinational corporations.
2. develop a uniform currency in which the financial transactions of companies through-out the world would be measured.
3. promote uniform accounting standards among countries of the world.
4. arbitrate accounting disputes between auditors and international companies.
Answer:
3. promote uniform accounting standards among countries of the world.
Explanation:
The purpose of the International Accounting Standards Board is to promote uniform accounting standards among countries of the world.
The primary role of the International Accounting Standards Board (IASB) is to promote a uniform set of accounting standards globally. While it contributes to the regulation of accounting by multinational corporations, it does not fully issue enforceable standards nor does it handle arbitration of disputes.
Explanation:The main purpose of the International Accounting Standards Board (IASB) is to promote uniform accounting standards among countries of the world (option 3). The IASB does this by developing and promoting the use of International Financial Reporting Standards (IFRS) on a global scale. These standards essentially bring transparency, accountability, and efficiency to financial markets around the world. They help to distribute information that is helpful for investors, thereby helping to facilitate international trade and investment.
While, in part, the IASB does regulate the financial accounting and reporting of multinational corporations, (as in option 1), it doesn't fully issue enforceable standards. The IASB proposes these standards, but it is up to individual countries to adopt and enforce them. Therefore, option 3 provides a better overall explanation for the IASB's main purpose. Options 2 and 4 are not correct as the IASB neither aims to develop a uniform currency nor directly arbitrate disputes.
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Thrush Corporation, a calendar-year C corporation, files it's 2018 Form 1120, which reports taxable income of $200,000 for the year. The corporation's tax is $61,250. What is the tax liability for Thrush?
Answer:
Thrush tax liability is $61,250
Explanation:
Tax liability is the amount of tax payable to tax authority from the income earned after all allowable expenses have been deducted.
Effectively, Thrush has bee charged 30.6%( corporation tax rate) on his taxable income .
"Product planners need to think about products and services on three levels. The most basic level is the ________, which addresses the question, "What is the buyer really buying
Correct/Complete Question:
Product planners consider products and services on three levels. The most basic level is the ________, which addresses the question, "What is the buyer really buying?"
A) actual product
B) augmented product
C) core customer value
D) co-branding
E) exchange
Answer:
C, core customer value
Explanation:
Core customer value simply refers to what a customer is getting in a product as value for their money. It is one of the three important levels (alonside actual product and augumented product) on which product planners think about products and services production.
In establishing core customer value, the manufacturer has to develop features, brand, name, design, quality, quantity, etc in such a way that the product is valuable and satisfies customer's needs and/or expectations.
Cheers.
The incentives built into the market economy ensure that resources are put to good use and that opportunities to make people better off are not wasted. This means the________________--
Answer:
market outcome is inefficient
Explanation:
This means that the market outcome is inefficient.
Since people usually exploit gains for the trade.
These are principles of individuals, The above statement further means market failure and individual pursuit self interest found in the market make the society worse off.
Market economy incentives ensure efficiency by motivating firms to meet consumer demand and avoid producing unwanted goods, with prices acting as signals for resource allocation.
The incentives built into a market economy play a critical role in the allocation of resources and ensuring efficiency. They work under the assumption that individuals and businesses are motivated by self-interest. As such, profit incentives encourage firms to produce goods and services that are in demand and discourage them from wasting resources on products that consumers do not want.
In a market economy, resources are typically allocated through a system of prices determined by supply and demand. When demand for a certain good or service increases, prices tend to rise.
This signals suppliers to produce more of the high-demand good, thereby allocating resources toward where they are most valued by consumers. Conversely, if a product is not in demand, its price will fall, signaling producers to withdraw resources from that area, thus preventing waste.
The market's ability to self-regulate through these signals means that it can often allocate resources efficiently without significant outside intervention. This is what economists often refer to as invisible hand, a term coined by Adam Smith, which describes how individuals' pursuit of their own self-interest in a free market tends to promote the general well-being of society as a whole.
It’s the year 2150, and the human race has established a new country on Mars. After a dispute about water rationing, a war begins, and the president of the United States declares that the United States will no longer be selling goods or services to the new country on Mars.In this scenario, the President has issued a/an_______________.
Answer:
Executive order
Explanation:
Executive order - it is referred to order that can only be issued by the president of the United States to the executive body of the state.
it is Refer to official order directly issued by the president to prevent or allow doing something.
As it is mentioned in the information in the given question, in 2150, when people are having a war for water on the new country of Mars, then president of America issued an executive order to notify every executive body not to sell any good and service to a new country of mars
Mosh, a sole proprietor, uses the cash basis of accounting. At the beginning of the current year, accounts receivable were $25,000. During the year, Mosh collected $100,000 from customers. At the end of the year, accounts receivable were $15,000. What was Mosh's gross taxable income for the current year?a. $110,000b. $100,000c. $90,000d. $75,000
Answer:
b. $100,000
Explanation:
Provided information
Beginning balance of account receivable = $25,000
Collection from customers = $100,000
Ending balance of account receivable = $15,000
Since we have to find out the gross taxable income, so we considered only the collection from customers as this is the amount which is received and therefore, it has come under the gross taxable income i.e $100,000.
Amy recently opened a business and realizes that she needs assistance with the multiple projects that her business is completing. Amy hires an accountant to manage all financial aspects of her projects. Which project management facilitating function is Amy practicing?a. communication
b. human resource
c. procurement
d. risk
Answer:
The correct answer is B
Explanation:
Human resources are the one which is used for both the department who is responsible for managing the resources in relation to the employees and the people who work for the company or firm.
It is umbrella, the term which is used to define the development as well as the management of the employees in the business or firm.
So, Amy opened a business, for that she needs assistance with the projects so require to have the human resource management facilitating function, which she is practicing.
Robert is a single taxpayer who has AGI of $145,000 in 2019; his taxable income is $122,000. What is his federal tax liability for 2019? a. $18,719.00 b. $9,480.00 c. $23,569.50 d. $23,454.50 e. $29,280.00
Answer:
His tax liability for 2019 (due April 2020) is $23,359.50
Explanation:
Since Robert s a single filer, he falls under the fourth tax bracket: income between $84,201 to $160,725. His marginal tax rate is 24%, and his total taxes due are as following:
tax rate earnings taxes due
10% $0 – $9,875 $987,50
12% $9,875 – $40,125 $3,630
22% $40,126 – $85,525 $9,988
24% $85,526 – $122,000 $8,754
total $23,359.50
*Option C is the closest one, but it used the 2018 tax brackets, not the 2019.
Robert's total tax liability based on his $122,000 taxable income in the year 2019 is $23,454.50. This is calculated using the tax brackets for 2019 for a single individual.
Explanation:To calculate Robert's federal tax liability for 2019, we need to refer to the 2019 tax brackets since his income falls within these parameters.
The 2019 tax brackets for a single individual are as follows: 10% on income up to $9,700; 12% on income over $9,700 to $39,475; 22% on income over $39,475 to $84,200; 24% on income over $84,200 to $160,725; 32% on income over $160,725 to $204,100; 35% on income over $204,100 to $510,300; and 37% on income over $510,300.
In this case, Robert's taxable income is $122,000. So, his tax calculation would be as follows:
1. 10% on the first $9,700: $970
2. 12% on income over $9,700 to $39,475 ($29,775): $3,573
3. 22% on income over $39,475 to $84,200 ($44,725): $9,839.50
4. 24% on income over $84,200 to $122,000 ($37,800): $9,072
Adding all these amounts up, we get a total tax liability of $23,454.50.
Thus, the correct answer is d. $23,454.50.
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Competition between manufacturer brands and private distributor brands is becoming more intense in several major categories. True or False?
Answer:
TRUE
Explanation:
Competition between the brands of production and private distributors in several important categories becomes more and more acute.
A private label is a commodity that is created specifically for a store. The supplier will commercialize the brand under its own brand name. product rates are usually set at a lower cost than conflicting brand names. Consumers frequently believe that private brands are of lower quality, but that perception changes.Because top management must deal with problems that are ambiguous but that could have long-term consequences, _______ skills are particularly important for top managers.
a. peopleb. conceptualc. leadershipd. financiale. technical
Answer:
b. conceptual
Explanation:
Conceptual skills are creative analytical skills that enables a manager look at the bigger picture of the organization as a whole instead through the study and in-depth diagnoses of the various components. Conceptual skill is required when solving complex and abstract business problems.
Conceptual skill helps us to see the bigger picture through our creative thinking and analysis of the different parts of the organization and proffer business solution to complex problem.
Mr. and Mrs. Atoll are planning a party for 10 people and want to make sure they have enough soda for everyone to have two bottles. Which of the following makes the most economic sense?1. 20 bottles of soda at $1.50 each2. 4 six-packs of soda at $5.00 each3. one case of 24 sodas at $18.504. two cases of 24 sodas at $18.50 each
Answer:
3. one case of 24 sodas @ $ 18.50
Explanation:
The question requires that the hosts need to have enough to have two sodas each. The number of guests being 10, the requirement is to have 20 sodas.
Now comparing the various pack sizes available:
1. 20 sodas $ 1.50 per bottle, Total cost $ 30, per serving cost $1.50
2. 4 6 packs @ $ 5 each. Total cost $20, Per serving cost $0.83
3. 24 soda case @ $18.5. Total cost $ 18.50, Per Serving costs $ 0.77
4, 2 x 24 soda cases @ 18.50. Total Cost $ 37.00 Per serving costs $ 0.77
The per serving costs are the same in 3 & 4 above, however, since the requirement is to have 20 sodas and the overall costs as well as the per serving costs is the best in option 3, this is the preferred option.
Answer:
C one case of 24 sodas at $18.50
Explanation:
What is the monthly payment on a 20 year mortgage (rounded to the nearest dollar) with end of month payments when the annual interest rate is 8%, and we are borrowing $300,000?
Answer:
PMT = $30555.68
Explanation:
given data
time = 20 year
annual interest rate = 8%
borrowing = $300,000
solution
we first get here Present Value Interest Factor of Annuity that is
Present Value Interest Factor of Annuity = [tex]\frac{1-(1+r)^{-t}}{r}[/tex] ..............1
here r is rate and t is time
Present Value Interest Factor of Annuity = [tex]\frac{1-(1+0.08)^{-20}}{0.08}[/tex]
Present Value Interest Factor of Annuity = 9.81814
so here PMT = [tex]\frac{borrow\ amount}{present\ value\ interest\ factor}[/tex]
PMT = [tex]\frac{300000}{9.81814}[/tex]
PMT = $30555.68
The scatter plot shows the relationship between the weekly total sales ($) and the number of different rug designs a rug store has. Based on this relationship, use the line of best fit to predict what the total sales will be when the store has 110 different rug designs.
a. $31,000
b. $38,000
c. $0
d. $35,000
Answer:Answer is D $35,000
Explanation: I've attached the screenshot of the scatter plot and according to line of best fir the total sales will be $35000 when the store has 110 different rugs. If you go Vertical from X axis at 110 the intersecting point with line of best fit is at $35000 on Y axis.
Answer:There will be reduction in the sales volume of the 110 stores.
Explanation:It is obvious to state that fewer stores will attract higher demand or sales.The introduction of additional 106 stores will create a strong competition leading to an even or homogenous sales by all the stores.
It also stand to reason that, since all the stores have different rug design,some stores might make a little higher sales than other by insignificant margins.Concentrated and fewer stores have more sales tendencies than more decentralized stores.
You are the newly assigned project manager for the James Madison construction project. To what document should you look for authority to manage the project?
Answer:
The project Charter.
Explanation:
A project charter is a structured, generally short documents that outlines the project as a whole — including what the goals are, how it will be implemented, and who are the stakeholders. It is a crucial ingredient of project planning, since it is used throughout the life cycle of the project.
Final answer:
You should look to the Project Charter for authority to manage the James Madison construction project as the newly assigned project manager.
Explanation:
As the project manager for the James Madison construction project, you should look to the Project Charter for authority to manage the project. The Project Charter is an essential document that establishes the project's objectives, scope, stakeholders, and overall management approach.
The Project Charter provides the project manager with the necessary authority by outlining their responsibilities, decision-making power, and access to resources. It serves as a contract between the project manager and the project sponsor, ensuring clear expectations and support for the successful execution of the project.
By referring to the Project Charter, you can define your role, gain clarity on your authority, and align your actions with the project's goals and objectives.
Under Regulation T, an extension request that is granted by FINRA typically gives a customer how many additional business days to pay for a securities purchase?
A. 3 days
B. 7 days
C. 10 days
D. 90 days
Answer:
The best answer is 3 day which is A
Explanation:
Let us define what a FINRA is: This abbreviation typicaaly stands for Financial Industry Regulatory Agency in th e united states.
FINRA represents a private establishment that works in the capacity of a self-regulatory organization. They are in the business of maintaining sanity, integrity and responsiveness in the financial industry.
The Regulation T provide for the possibility of extensions of credit by broker-dealers to investors when they have not promptly paid for a securities transaction.
Specifically, Regulation T gives an investor a maximum of 4 business days to pay for securities purchased in a cash or margin account. If payment due exceeds $1,000 and is not received by the end of this time period, the broker-dealer must either liquidate the position or apply for and receive an extension from its designated examining authority, such as FINRA.
SEC Rule 15c3-3 pertains to a customer's obligations when securities are sold, other than short sales.The rule requires that if a security sold long has not been delivered within 10 business days after the settlement date, the broker-dealer must either buy the customer in, or apply for and receive an extension from its designated examining authority.
Pure & Natural Inc. sells six different brands of laundry detergent. The products under different brands are tailored to meet the requirements of different market segments. Which of the following marketing strategies does Pure & Natural Inc. follow?
1. Relationship marketing
2. Production-oriented marketing
3. Differentiated marketing
4. Undifferentiated marketing
Answer:
3
Explanation:
Differentiated marketing
This is when a company on purpose creates products that attract at least two or more market segment s or target groups. In the case of Pure& Natural Inc selling six differnt brands of laundry detergent, this brands are tailored to meet the specification and requirement of different market segments. To buttress the point a shoe company that makes shoe for both men and women, this are two different target groups within one company
The relationship between the task environment and the general environment is best described as:
A. A one-way system: Changes in the general environment do not affect the task environment, and changes in the task environment do not affect the general environment.
B. A one-way system: Changes in the task environment affect the general environment, but changes in the general environment do not affect the task environment.
C. An open system: Changes in the task environment affect the general environment, and changes in the general environment affect the task environment.
D. A one-way system: Changes in the general environment affect the task environment, but changes in the task environment do not affect the general environment.
Answer:
C. An open system: Changes in the task environment affect the general environment, and changes in the general environment affect the task environment.
Explanation:
Suppose that the general enviroment is the whole office building, and the task enviroment is your cubicle, and the four other cubicles surrounding you.
If the task enviroment in your area becomes dirty and unpleasant, the working conditions of you and your four colleagues will deteriorate, probably causing loses in productivity, affecting the company's productivity as a whole. Besides, if the task enviroment is not cleaned soon, the dirt will spread to other areas inside the building, affecting the general enviroment.
The general enviroment affects more easily the task enviroment. Simply imagine if the HVAC system of the office building fails: your task enviroment will not have heating or cooling and working conditions will become difficult.
The relationship between the task environment and the general environment is best described as an open system where changes in the task environment affect the general environment and vice versa.
Explanation:The relationship between the task environment and the general environment is best described as an open system. Changes in the task environment affect the general environment, and vice versa. This means that external factors and changes in the general environment can have an impact on the tasks and goals of an organization, and the organization's actions can also have implications for the broader environment in which it operates.
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Many catalog companies create special-run issues based on what customers have purchased in the past. For example, customers who frequently order bedding items like sheets and pillows receive a catalog with a larger section of bedding items than do customers who mostly order kitchen tools. This is an example of________________.
a. customer relationship management. Correctb. a transactional marketing orientation.c. C2C marketing.d. supply chain management.e. typical production-oriented era marketing practices.
Answer:
A. Customer Relationship Management
Explanation:
Customer Relationship Management represents an organisation's way of managing its interaction with customers both potential and current consumers of their products.
Specifically, CRM makes use of information obtained from the dealings of customers' with the business such as products purchased as well as quantity of purchase among others to determine how to improve the communication and relationship with them.
The catalog is part of the CRM measures. The catalog's customization is therefore based on the perceived habit or needs of the customer based on the history of the customer's purchases in the past.