Answer:
scarcity
Explanation:
Based on the information provided within the question it can be said that this scenario is causing the economic concept of scarcity to be applied. In the context of economics, this term refers to something that is being limited and thus creating a gap between the limited resource and the possible limitless wants/demand that may exist.
What is the expected dollar rate of return on dollar deposits with today's exchange rate at $1.10 per euro, next year's expected exchange rate at $1.165 per euro, the dollar interest rate at 10%, and the euro interest rate at 5%
The expected dollar rate of return on dollar deposits, given the stated starting and expected exchange rates, as well as the stated dollar interest rate, is approximately 4.09%.
Explanation:The dollar rate of return on dollar deposits in this scenario can be calculated using the following formula for the rate of return: (End value - Start value) / Start value. The starting value of the dollar is $1.10 per euro. After accruing interest at a 10% dollar interest rate, the end value of the dollar becomes $1.21 per euro. Next year's expected exchange rate is $1.165 per euro. Therefore, the expected dollar rate of return on the dollar deposit is ($1.21 -$1.165) / $1.10, which is approximately 4.09%.
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There are three elements in any integrated marketing communication strategy: the ________, the channels through which the message is communicated, and evaluation of the results of the communication.
Answer:
The consumer being evaluated
Explanation:
An Integrated Marketing Communications is a promotional marketing function through which a targeted audience receives consistent, persuasive, and reinforcing brand messaging to move buyer's through the decision making process.
There are three elements in any integrated marketing communication strategy:the consumer being evaluated the the channels through which the message is communicated, and evaluation of the results of the communication.
In integrated marketing communications, the three key elements are the message, the channels used for communication, and the evaluation of communication results. The message is foundational, outlining what the organization wants to communicate. Effective integration of these elements, alongside a strategic marketing mix, ensures the success of communication efforts.
There are three elements in any integrated marketing communication strategy: the message, the channels through which the message is communicated, and evaluation of the results of the communication. In the context of integrated marketing communications (IMC), the message refers to the information or content that the organization wishes to convey to its target audience. This is a crucial component, as it encapsulates the goals and intentions behind the communication effort. The planning stage, as part of the social marketing model, is where the message goals are established, underlining the importance of a well-defined message in achieving the desired response from the audience.
The channels through which the message is communicated represent the medium or platforms used to reach the target audience, such as social media, television ads, or email marketing. Effective selection and use of these channels are vital for ensuring that the message reaches the intended audience in an efficient and impactful manner. Lastly, the evaluation of the results provides feedback on the effectiveness of the communication strategy, allowing marketers to adjust their approaches based on the outcomes achieved.
Integrating these three elements effectively requires a deep understanding of the target audience, the creation of a compelling and relevant message, strategic selection of communication channels, and a robust mechanism for evaluating outcomes. This approach leverages the marketing mix, which includes decisions about price, promotional activities, location, and sales channels, ensuring consistency and effectiveness in communication efforts.
Suppose the price of university sweatshirts increases from $10 to $20 and the quantity supplied increases from 20 to 30. The price elasticity of supply, using the midpoint formula, is:______.A) 0.66. B) 1.50. C) 0.60. D) 1.66.
Answer:
C) 0.60.
Explanation:
USING MIDPOINT FORMULA
i) Percentage change in quantity supplied
=changes in QS/(changes in QS/2) x 100/1
=(30-20)/(30+20)/2 X 100/1
=10/25 X 100
=40%
ii) Percentage changes in price
=Changes in Price/(Changes in Price/2) x 100/1
=($20-$10)/($20+$10)/2 x 100/1
=$10/$15 x 100/1
=0.66667 x 100
=66.67%
Price Elasticity of supply = %Changes in Quantity supplied
%Changes in Price
ES= 40%/66.67%
ES= 0.59999
ES=0.6
An RT (ARRT) is the supervising manager of a short-staffed imaging facility in a State having legislation that requires professional certification. A job applicant arrives whose ARRT certification has lapsed. The manager hires him to fill a 20-hour position doing chest and extremity radiography. The supervisor is guilty of
Answer:
The correct answer is breaking the ARRT Rules of Ethics.
Explanation:
Ethical rules serve to regulate the actions of human beings, especially regarding their effects on other people. One of its fundamental characteristics is that they are universal, valid for any ethical subject at any time and place. Some rules may refer only to the agent and the action (smoking prohibited), but the rules that also explain to the subjects receiving the effects of the action are much more complete and interesting.
Jack gratuated from college last month, but he has not yet started looking for a job. Jack is:__________.1. Frictionally unemployed.2. Structurally unemployed.3. A discouraged worker and is part of the unemployment statistic. 4. Not part of the labor force and is not counted in the unemployment rate.
Answer:4. Not part of the labor force and is not counted in the unemployment rate.
Explanation:Not everyone who is out of work is unemployed. In order to be counted as unemployed you have to be out of work, looking for work, and able to accept a job if one is offered to you. If you are out of work and not looking, then you are considered “not in the labor force” rather than unemployed.
Someone who does not have a job but claims he is not looking for one is considered out of the labor force and is not counted in the unemployment rate.
You own a high-end restaurant competing for the business of well-heeled diners. Now you're worried, because a gourmet takeout store just opened across the street. The new store will mean increased _____ competition.
Answer: Indirect competition.
Explanation:
The new gourmet store that opened close to my existing business would perform the function of indirect competition, and would actively drag customers with my restaurant business. An indirect competition is a form of business competition in which similar products can be used to meet a need by consumers.
Answer:
Indirect competition.
Explanation:
Indirect competition is the conflict between vendors whose products or services are not the same but that could satisfy the same consumer need.
Like in the question a high-end restaurant competing for the business of well heeled diners and ther comes a gourmet takeout store they arent necessarily doing the same thing but they both can satisfy the same consumer need so this will increase indirect competition
For determinant differences to exist, actual or perceptual differences must exist between brands. And the brand difference must be important to customers as they decide which brand to purchase. A. True B. False
Answer:
A. True
Explanation:
If the brands do not have any actual or perceptual differences, then, the brands do not have any determinant differences and are essentially the same.
For example, if two competing firms offer the same kind of milk, and the branding of the box is similar, and customers believe that both brands are perfect substitutes for each other (they feel that is the same to buy either one or the other), then, the two milk brands do not have any determinant differences.
Mary names her husband, Rick, as primary beneficiary of her life insurance policy and her two children, Pam and Matt, as contingent beneficiaries. Rick dies in March. Pam and Matt are killed simultaneously in a car accident later that month. Hearing the news, Mary has a fatal heart attack. In this case, Mary's life insurance proceeds will be paid:(A) 1/2 to Rick's estate and 1/4 each to Pam and Matt's estates(B) to Rick's estate(C) to Mary's estate(D) in equal shares to Rick, Pam, and Matt's estates
Answer:
(C) to Mary's estate
Explanation:
Based on the information provided within the question it can be said that in this scenario Mary's life insurance proceeds will be paid to Mary's estate. This is because all of Mary's beneficiaries have passed away. Therefore the life insurance is paid to her estate since she is the owner of the life insurance policy.
When Colgate encourages its current customers to brush more often by taking their toothbrush and toothpaste to work with them, which market opportunity is Colgate pursuing?
Colgate is pursuing market penetration by encouraging customers to brush more often by taking their toothbrush and toothpaste to work.
Colgate is pursuing the market opportunity of increasing customer usage frequency by encouraging them to take their toothbrush and toothpaste to work ,, which falls under market penetration strategy.
Cheyenne Corp. wrote checks totaling $33820 during October and $36928 during November. $32160 of these checks cleared the bank in October, and $36075 cleared the bank in November. What was the amount of outstanding checks on November 30?
Answer:
$2,513.
Explanation:
Outstanding checks are those checks that are recorded in the company's books but the bank has yet to record them and update the bank balance. Since the bank balance will not be updated and it will show a greater balance, so while preparing Bank Statement Reconciliation, we have to deduct the amount of outstanding checks from the Bank account balance as per bank statement. The bank due to many reasons can be unable to clear the checks, the most common ones are workload, timing, etc.
In this case, we are required to calculate the amount of outstanding checks. The mathematics here is simply, add the total checks issued by the corporation and deduct the checks cleared by the bank from it.
⇒ Amount of outstanding checks on November 30 =
33, 820 + 36,928 - 32,160 - 36,075 = $2,513.
Answer: Amount of outstanding checks on November 30 = $2,513
Explanation:
GIVEN the following ;
October check total = $33,820
November check total = $36,928
October cleared checks = $32,160
November cleared checks = $36,075
To calculate amount of outstanding cheques:
Total checks issued :
$(33,820 + 36,928) = $70,748
Total checks cleared :
$(32,160 + 36,075) = $68,235
Outstanding checks:
(Total checks issued - total cleared checks)
$70,748 - $68,235 = $2,513
Outstanding checks may be reffered to as checks which have been sanctioned or issued by the payor ( account owner) but yet to be cleared or cashed by the individual or institution to which the check was addressed.
A tire company's products are more expensive than those offered by its competitors, but are still sought by customers since they are more durable and perform better under harsh conditions. The tire company, in this case, has achieved competitive advantage through __________. marketing strategies superior quality quantum product innovation pricing strategies promotional strategies
A tire company's products are more expensive than those offered by its competitors, but are still sought by customers since they are more durable and perform better under harsh conditions. The tire company, in this case, has achieved competitive advantage through Superior quality.
Explanation:Quality refers to the something that can be compared with the similar one or with a degree of excellence. It is very essential for any business to produce products or services with good quality. When the quality of any goods or services is meeting the requirements of any consumers then it will gain a good value to the company and he also shares his experience with others.
With the quality of any products or services to be good, it can easily attain competitive advantage and stay in a competitive market.In the given example, the product of a company which is tire is expensive when compared to the competitors. They are expensive because they have good durability and can perform better during harsh conditions of roads. Thus, through the superior quality, the tire company has achieved competitive advantage.
A client has a Cash Account at a broker-dealer and one week ago was sold out of a position for failure to make prompt payment. The customer has now decided to buy 100 shares of ABC common stock @50. This client will be required to:________.
Answer:
[C]
Explanation:
Based on the information provided within the question it can be said that this client will need to make the required payment in full for the purchase prior to entering the order because the account would be frozen. This is because the Reg T states that any individual that has been sold out for failing to make a prompt payment will have their account frozen for 90 days and if they want to make a buy order, then they need to deposit enough money to cover the entire trade in full including fees before the buy order is actually entered.
The relationship between the amount funded (cash sent to trustee) and the amount reported for pension expense is as follows: Select one: a. pension expense must equal the amount funded. b. pension expense may be greater than, equal to, or less than the amount funded. c. pension expense will be more than the amount funded. d. pension expense will be less than the amount funded.
pension expense may be greater than, equal to, or less than the amount funded.
Answer: Option B.
Explanation:
Pension expense is the expense that a trustee has to bear to give pensions and other offerings to the people who have retired from the services which they were offering.
The amount that the trustee will get in the form of amount funded does not necessarily be the same amount as the expenses of the cash given in the form of pension. It can be greater than equal to or even lesser than the expenses made.
You have set up a user group named Accounting and have put all employees in the Accounting department in this group, which has been given permission to use the Financial folder on a file server. You are now asked to create a subfolder under Financial named Payroll. Megan, the payroll officer, is the only employee in the Accounting department allowed to access this folder. What is the best way to configure the new share?
Answer:
C.
Explanation:
Based on the information provided within the question it can be said that the best and most efficient possible way to achieve this would be to create a new user group named Payroll, put Megan in the group, and assign the group read/write permissions to the Payroll folder. This would give only Megan access to the folder and allow her to both view and change the contents of that folder as she needs to.
Final answer:
To ensure only Megan can access the Payroll subfolder, one must create it within the Financial folder and set the file and directory permissions specifically for her, using system commands or settings to give her exclusive read, write, and execute access, while maintaining traverse permissions for the Accounting group on parent directories.
Explanation:
To correctly configure the new Payroll subfolder under the Financial folder and ensure that only Megan, the payroll officer, has access to it, the best course of action is to use file and directory permissions. Since the Accounting group already has access to the Financial folder, care must be taken to limit the access to the Payroll subfolder.
Firstly, create the Payroll subfolder within the Financial folder. Secondly, set the permissions of the Payroll folder such that only Megan has read, write, and execute permissions. This can typically be done using the chmod and chown commands on Linux systems, or through the properties settings on a Windows system. If Megan is not already part of a distinct group, create one for her or simply set the permissions for her user specifically.
Ensure that the parent folders have at least execute permissions (x) for the Accounting group, so that the file system hierarchy allows traversal to the Payroll subfolder, but restrict the read and write permissions to Megan alone. This arrangement is analogous to having dedicated access controls on directories and files, structured to separate and protect sensitive data appropriately.
Under LIFO, net income exists if revenues are sufficient to cover the __________ cost of the units of inventory sold, provided new units are acquired before the end of the accounting period.
Answer:
total
Explanation:
Remember, a LIFO method of accounting for inventory differs in that it records the most recently produced items as sold first; meaning Last in, First Out. Thus leading to recording the lowest cost of older products in the inventory.
A case of lower Net income (income after deductions of cost) thus exists if revenues are sufficient to cover the total cost of the units of inventory sold which reduces taxes.
Jackie agrees to pay Ben $1,000 if Ben agrees to not go skydiving for six months. After Ben avoids skydiving for six months, he asks Jackie for payment. Jackie declines to pay Ben the $1,000. The contract between Jackie and Ben:
a. will be enforced because Ben exercised forbearance, which is legally sufficient consideration.
b. will not be enforced because skydiving is a dangerous activity and Ben benefits from the forbearance.
c. will be enforced because Jackie had a preexisting duty to pay Ben.
d. will not be enforced due to lack of consideration.
Answer: A. will be enforced because Ben exercised forbearance, which is legally sufficient consideration.
Explanation: Forbearance can be defined as refraining from doing something that one has a legal right to do or a delay in enforcing a legal right.
From the above question Jackie will be enforced to pay the agreed $1000 to Ben because Ben deliberately delayed his legal right to go skydiving for six months.
For each of the following examples, indicate whether the transaction would be included in the gross investment component of GDP, and if so, indicate which category it would be included. a. When Leandro pays a general contractor to build a new house, it would: not be included in gross investment. be included in GDP as a net export. be included in gross investment as residential fixed investment. be included in gross investment as business fixed investment. be included in gross investment as inventories. b. The purchase of a new building by Whole Foods would: be included in gross investment as residential fixed investment. not be included in gross investment. be included in GDP as a net export. be included in gross investment as business fixed investment. be included in gross investment as inventories. c. When Sarah buys a new computer for her kids, it would: be included in GDP as a net export. be included in gross investment as residential fixed investment. be included in gross investment as inventories. not be included in gross investment. be included in gross investment as business fixed investment.
In GDP calculations, the payments by Leandro for a new house and Whole Foods for a new building would be included in gross investment as residential fixed investment and business fixed investment respectively. However, Sarah's purchase of a new laptop for her children wouldn't be considered an investment, but rather as consumer spending.
Explanation:In calculating GDP, the Gross Domestic Product, by means of expenditure method, it primarily consists of Consumer spending (C), Investment (I), Government spending (G), and Net exports (NX). The term 'Gross investment' often appears, representing all investments made by business/consumers within a given period.
a. When Leandro hires a contractor to construct a new house, it will be included in gross investment as a residential fixed investment. This is so because expenses on new housing by consumers account as private residential investment.
b. Whole Foods' acquisition of a new building would also be included in gross investment, but it falls under the category of business fixed investment. This counts as an investment in constructions by firms/businesses.
c. Finally, when Sarah gets a new computer for her kids, it would not fall under the category of gross investment. It is rather included under consumer spending.
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Transaction a is included in gross investment as residential fixed investment. Transaction b is included in gross investment as business fixed investment. For each transaction transaction c is a consumption, not an investment, thus doesn't come under gross investment.
Explanation:For each transaction given:
c. When Sarah buys a new computer for her kids, it would be included in gross investment as business fixed investment.b. The purchase of a new building by Whole Foods would be included in gross investment as business fixed investment.When Sarah buys a new computer for her kids, it would be included in gross investment as business fixed investment.
c. When Sarah buys a new computer for her kids, it would be included in gross investment as business fixed investment.
Gross Domestic Product (GDP) counts final sales of goods and services, but includes investments (both residential and business) as these production activities contribute to the creation of goods and services within a country.
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Hilliard Pharmaceuticals and Ahrens Vitamins, Inc., have high market commonality, both geographically and in the market segments in which they compete. Hilliard, the number two firm in the industry, has undertaken a major strategic attack upon Ahrens, the market leader. Which of the following statements is most likely to be TRUE?
a. Ahrens will not respond aggressively since this is a strategic move and not a tactical action.
b. As the market leader, Ahrens has little to fear from an attack by Hilliard and will not expend organizational slack on a major response.
c. Ahrens will respond aggressively because of the high multimarket contact between Hilliard and Ahrens.
d. Ahrens will respond after a long delay as the nutrition supplement industry is a slow-cycle industry.
Answer: C. Ahrens will respond aggressively because of the high multimarket contact between Hilliard and Ahrens.
Explanation:
Ahrens will respond aggressively because of the high multimarket contact between Hilliard and Ahrens.
Ahrens Vitamins and Hilliard Pharmaceuticals have high Market commonality. They operate in the same geographical area and their target market is the same, meaning an increase in Profits for Hilliard Pharmaceuticals is a decrease in profits for Ahrens Vitamins, an attack from Hilliard will ave severe consequences for Ahrens Pharmaceuticals as they compete for the same target market.
Ahrens Vitamins will have to respond aggressively to attacks from Hilliard Pharmaceuticals in order to maintain their position in the market
Ensuring that all the right people, equipment, and materials arrive on time is especially challenging when using which layout? Multiple Choice Fixed-position layout Functional layout Service factory layout Product layout
Answer: Fixed-position layouts
Explanation: Fixed-position layouts are employed to assemble large, bulky, or fragile products to safely and effectively transferred them to a particular site for completion. E.g Assembling of an airplane. furthermore, personnel, supplies, and equipment are brought to the location where the product will be assembled. In involves ensuring that all the right people, equipment, and materials arrive on time and this is a challenging tasks when using fixed-position layouts.
business ethics chapter 7 emily, a website designer, is hired by an organization to create an internal website that contains information meant to be accessed solely by employees. This website is the company's ____.
Answer:
The correct answer is Intranet.
Explanation:
An Intranet is a digital platform whose objective is to assist workers in generating value for the company, making available assets such as content, files, business processes and tools; facilitating collaboration and communication between people and teams.
The internal website that Emily is hired to create is the company's internal communication platform or intranet. This can also feature their code of ethics, promoting business ethics within the organization.
Explanation:In the given scenario, Emily, a website designer, was hired to create an internal website for a company. This internal website that is meant to be accessed solely by employees serves as the company's internal communication platform or intranet.
Businesses often use intranets to store important information in a central place where employees can access it. The site can include various sections such as company policies, news, updates, schedules, and more. The site could also house the company's code of ethics, which governs what actions are permissible within the organization.
Considering the aspects of business ethics, organizations use these internal platforms to ensure that their operations and members align with the set laws and regulations, as well as the company's values.
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g A bank loaned out $17,000, part of it at the rate of 7% per year and the rest at 15% per year. If the interest received in one year totaled $2,000, how much was loaned at 7%
Answer:
Amount of Loan @ 7% was $6,875
Explanation:
Let
Amount of Loan @ 7% = X
Amount of Loan @ 15% = Y
According to given condition
X + Y = 17000 ( Eq 01 )
X7% + Y15% = 2000
0.07X + 0.15Y = 2000 ( Eq 02 )
By multiplying ( Eq 01 ) with 3
3X + 3Y = 51,000 ( Eq 03 )
By multiplying ( Eq 02 ) with 20
1.4X + 3Y = 40000 ( Eq 04 )
By subtracting ( Eq 04 ) from ( Eq 03 )
3X + 3Y - (1.4X + 3Y) = 51,000 - 40,000
3X + 3Y - 1.4X - 3Y = 11,000
1.6X= 11,000
X = 11,000 / 1.6
X = 6,875
Placing Value of X in ( Eq 01 )
6,875 + Y = 17000
Y = 17000 - 6,875
Y = 10,125
Check:
0.07(6,875) + 0.15(10,125) = 2000
481.25 + 1,518.75 = 2,000
2,000 = 2,000
So
Amount of Loan @ 7% = X = $6,875
The added value that a certain product has by virtue of its brand name (in other words, the value of the product with a brand mark compared with a generic product of the same quality) is called __________.
Answer:
brand equity
Explanation:
Brand equity refers to the commercial value added to one product or service by the customer's perception of its brand. Some brands have a higher brand equity and customers perceive them as high quality or luxury products, e.g. Mercedes Benz or Apple. While other brands are perceived as common or ordinary products with medium or low quality.
Two products may be identical or very similar, but the fact that a product's brand may be perceived as better than the other, allows a company to charge a higher price for it.
If real GDP per capita in the United States is currently $50,000 and grows at 2.5% per year, it will take approximately how many years to reach $200,000?
Answer:
A. approximately 56 years
Explanation:
Giving that
Annual percentage growth rate = 2.5%
Using rule of 70
Years to double = 70 ÷ 2.5
= 28 years
Therefore, years to quadruple from original GDP
= 28 × 2
= 56 years
Therefore it will take 56 years for US GDP to reach 200,000 from 50,000 at annual rate of 2.5
Cheese manufacturer Ashe Mountain Corp. started a new chain of movie theaters called Ashe Mountain's Movie World. The theaters have been a major success and significantly increased the revenues of Ashe Mountain Corp. This is an example of:___________________.A. DiversificationB. Market developmentC. Product penetrationD. DifferentiationE. Market penetration
Answer:
A. Diversification
Explanation:
The diversification is a process by which the allocation of the spatial in a way that exposes to many one particular risk and can reduce them and slow down the violated by investing in a variety of assets and thus the cheese manufactured started a new chain of the movie world and led to the significant increase of the revenues.You can spend $10 for lunch and you would like to purchase two cheeseburgers. When you get to the restaurant, you find out the price for cheeseburger has increased from $5 to $6, so you decide to purchase just one cheeseburger. This is best described as:
Α. the substitution effect of a price change
B. the income effect of a price change
C. a decrease in the buyer's reservation price.
D. an increase in the buyer's reservation price.
Answer: income effect of a price change.
Explanation: The income effect is known as the effect on real income when price changes, it can however be positive or negative. The income effect expresses the impact of increased purchasing power on consumption.
In this scenario, spending $10 for lunch, and you would like to purchase two cheeseburgers. When you get to the restaurant, you find out the price for cheeseburger has increased from $5 to $6, so you decide to purchase just one cheeseburger, this scenario best illustrates the income effect of a price change.
The decrease in consumption due to the rise in the price of cheeseburgers represents the income effect of a price change. This is a result of reduced purchasing power caused by the price increase.
Explanation:In this scenario, your decision to purchase only one cheeseburger due to the increase in price is best described as B. the income effect of a price change. This is because the income effect describes the change in consumption resulting from a change in real income. In this case, an increase in the price of the cheeseburger effectively reduces your buying power for this particular meal, thus diminishing your consumption from two cheeseburgers to one.
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Farmer Jack is a watermelon farmer. If Jack plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 30 watermelons. If he plants 2 bags of seeds, he gets 50 watermelons. If he plants 3 bags of seeds he gets 60 watermelons. A bag of seeds costs $100, and the costs of seeds are his only costs. What is the shape of Farmer Jack's marginal cost curve?A. Constant.B. Upward sloping.C. Downward sloping.D. U-shaped.
Answer:
B. Upward sloping
Explanation:
Based on the information provided within the question it can be said that the shape of Farmer Jack's marginal cost curve is an upward-sloping curve. This is a type of demand curve that illustrates a direct relationship between price of a product and the quantity that is in demand. Meaning that the more demand that exists for Jack's watermelons the higher the price will be.
A zero-coupon bond has a yield to maturity of 11% and a par value of $1,000. If the bond matures in 27 years, the bond should sell for a price of _______ today.
Answer:
The bond should sell for a price of $59.74 today.
Explanation:
Zero Coupon Bond is a bond which does not offer any interest payment but it is issued at deep discount amount from the face value of the bond.
Price of Zero Coupon Bond = [tex]\frac{F}{( 1 + r )^t}[/tex]
F = Face / Par Value of Bond = $1,000
r = rate of interest = 11%
n = number of years = 27 years
Price of Bond = [tex]\frac{1000}{( 1 + 0.11)^27}[/tex]
Price of Bond = $59.74
As Zero coupon bond does not offer any discount so, it is valued much below the par value.
Final answer:
The zero-coupon bond with a yield to maturity of 11% and a par value of $1,000 that matures in 27 years should sell for approximately $118.37 today.
Explanation:
To find the price of a zero-coupon bond that has a yield to maturity of 11% and matures in 27 years, we need to calculate the present value of the bond's par value, which we assume will be repaid at the end of 27 years. Since this is a zero-coupon bond, it pays no interest until maturity, at which point the par value is repaid. The present value can be calculated by using the formula PV = FV / (1 + r)^n, where PV is the present value, FV is the future value (or par value), r is the yield to maturity (expressed as a decimal), and n is the number of years until maturity.
Using this formula, we have:
PV = 1000 / (1 + 0.11)^27
After calculating this, we get:
PV = 1000 / (1 + 0.11)^27 = 1000 / (1.11)^27 \<\/\= 1000 / (8.4457) \<\/\= approximately $118.37
Therefore, the bond should sell for around $118.37 today.
Harris Brown, the marketing manager at a small retail chain, wants to assess his firm's strengths, opportunities, weaknesses, and threats. Which of the following would be best suited for his purpose
Answer:
SWOT analysis.
Explanation:
SWOT analysis is also called the SWOT matrix and is strategic planning used by organisations to identify strengths weaknesses, opportunity, and threats while carrying out business in a competitive environment.
SWOT analysis is designed in such a way that it is most effective at the preliminary stage of planning a business strategy.
It is primarily used to set organisation objectives and to identify internal and external factors that will influence the set objectives.
Final answer:
Harris Brown should perform a SWOT analysis to identify the most critical factors affecting his firm's future success. Addressing each element, whether it is a strength, weakness, opportunity, or threat, will provide direction for strategic decisions to enhance the firm's market position.
Explanation:
Harris Brown, the marketing manager at a small retail chain, is looking to conduct a SWOT analysis to assess his firm's strengths, opportunities, weaknesses, and threats. This analysis will help him identify the most critical factors that could impact his firm's success. For instance, if we identify financial security as a threat due to global economic factors, the firm would need to focus on reducing external threats by cutting costs and leveraging brand strength. However, should the firm have a strong software system, they might consider investing in that strength to outdo competitors or if a weakness is identified such as an inefficient production process, then streamlining it could lead to significant cost savings and better market competitiveness. Every part of the SWOT analysis provides insights into where the firm stands and where it could potentially go.
When conducting a SWOT analysis, it would be pertinent for a company to compare the likelihood of success when choosing to focus on a strength such as improving existing software, against addressing a weakness, like streamlining a production process. It often involves looking at the internal capabilities and the external environment to determine the best strategic direction for the firm. Making such comparisons and decisions is essential for ensuring the company's future success.
Identify whether the statements below are true or false by dragging and dropping the appropriate term into the bin provided.
A. Long-run economic growth is unlikely to be sustainable because of finite natural resources.
B. In the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically.
C. Finding alternatives to natural resources will be very important to long-term economic growth.
D. In the modern economy, human and physical capital are generally less important in productivity than natural resources.
E. In the 19th century, countries with the highest per capita GDP were nearly always abundant in minerals and productive farming land.
Solution and Explanation:
1. False- Long run Economic growth is likely to be sustainable because of finite natural resources as othe man made resources will be available to sustain growth.
2. False- In mordern economy posesing few natural resources will not affect a country to develop economically; human resources and man made resources will also contribute. Foreign trade can also play an important role towards growth, in the absence of abundant natural resources.
3. True- Natural resources are vital, and mostly exhaustible. Hence it is very essential to find suitable alternatives.
4. False- Economies of 21st century depend on human capital due to depletable atural resources.
5. True - In the 19th century, minerals and farming land were the most mportant resources, since self sustainability was in vogue.
The _________, also known as the "grapevine," allows employees to speak directly and not chance the message being altered as it moves though the formal communication network
Answer:
Informal communication network
Explanation:
Grapevine within an organisation can lead to various problems, such as confusions and lack of communication. Grapevine are the rumours which are usually circulated by individuals, it can be stopped by proper communication with the employees. Another name of the grapevine is informal communication which allows employees to speak directly without proper channels of the formal communication network.