The definition of self-service. Self-service is an approach where users access resources to find solutions on their own without requiring assistance from a service representative.
(1) total cost for 10k photos = fixed costs + variable costs = 5500 + 0.15 * 10000 = 5500+ 1500 = 7000
total cost for 25k photos = fixed costs + variable costs = 5500 + 0.15 * 25000 = 5500 + 3750 = 9250
a.(2) total cost for 10k photos = fixed costs + variable costs = 7000 + 0.05 * 10000 =7000+ 500 = 7500
total cost for 25k photos = fixed costs + variable costs =7000 + 0.05 * 25000 = 7000 + 1250 = 8250
b. For this, we first find the volume at which both processes cost the same.
let the required volume be x.
So, 5500 + 0.15x = 7000 + 0.05x
=> 0.15x - 0.05x = 7000 - 5500
=> 0.1x = 1500
=> x = 1500/0.1 = 15,000
So, at the monthly volume of 15,001 photos and above, the proposed process becomes preferable.
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Generally it is desirable to use _______________ aggregate in Portland Cement Concrete to improve workability, and to use _______________ aggregate in asphalt concrete in order to increase aggregate interlock and improve stability.
Generally it is desirable to use rounded or smooth aggregate in Portland Cement Concrete to improve workability, and to use angular or rough aggregate in asphalt concrete in order to increase aggregate interlock and improve stability.
Angular or rough aggregate is preferred for asphalt concrete (AC). This type of aggregate increases the aggregate interlock and improves stability by providing more frictional resistance to lateral movement.
It also helps to resist shear stresses that occur during traffic loading. Furthermore, angular aggregates are less likely to be displaced under heavy loads and reduce the potential for rutting or cracking.
Therefore, the choice of aggregate type is crucial in determining the performance and durability of both PCC and AC.
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If you expect the inflation rate to be 12 percent next year and a one-year bond has a yield to maturity of 7 percent, then the real interest rate on this bond is:.
The real interest rate of the bond is -5%.
What is the real interest rate?
Real interest rate is the nominal interest rate less inflation. The real interest rate has been adjusted for inflation. It represents the real rate of return on an investment when inflation has been adjected for.
What is the real interest rate of the bond?Real interest rate = nominal interest rate - inflation.
7% - 12% = -5%
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what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
Will Mark Brainliest...
Think of a time when you had to make a decision.
Write down how you handled the situation. What steps did you take? Did your decision turn out like you had hoped it would? Do you feel the decision you made was a positive one? Why or why not?
Answer:
I was deciding on whether I should buy a fishing rod with my birthday money or not. So first, I consulted two of my friends who love to go fishing. They told me which rods are good for their price, and which brands I should choose. Then my friends taught me how to fish and the tactics of fishing. I ordered my rod, and then tried fishing with it. I will definitely say it was worth it! It was a positive decision. :)
Answer:
Sure, I'd be happy to share a time when I had to make a decision.
A few years ago, I was offered a new job that would have been a significant promotion for me. The job was in a different city, and it would have meant moving away from my family and friends. I was really excited about the opportunity, but I was also hesitant to leave my support system behind.
I took some time to think about the decision. I talked to my family and friends about it, and I did some research on the city where the job was located. I also thought about my long-term goals and what I wanted out of my career.
In the end, I decided to take the job. It was a difficult decision, but I felt like it was the right one for me. I knew that it would be a challenge, but I was confident that I could succeed.
The decision turned out to be a positive one. I've been in the new job for a few years now, and I've really enjoyed it. I've met new people, learned new things, and made a lot of professional progress. I'm also closer to my family and friends than I was before, because I make more of an effort to stay in touch.
I'm glad that I made the decision to take the job. It was a challenging decision, but it was the right one for me. I'm grateful for the opportunity, and I'm excited to see what the future holds.
Here are the steps I took in making the decision:
1. I identified the decision that I needed to make.
2. I gathered relevant information about the job, the city, and my long-term goals.
3. I identified the alternatives, which were to take the job or to stay in my current job.
4. I weighed the evidence for and against each alternative.
5. I made a decision to take the job.
6. I took action by accepting the job offer.
7. I have reviewed my decision, and I feel that it was a positive one.
I'm glad that I took the time to make a thoughtful decision. I think it's important to weigh all of your options and to consider the potential consequences of your choices before making a decision.
Please mark as BrainliestProperty rights are important to a free enterprise system because they:
A. Allow businesses to freely take ideas from competing companies.
B. Protect businesses' freedom to buy and sell products.
C. Encourage businesses to keep prices as low as possible
D. Place regulations on businesses that make dangerous products.
Protect businesses' freedom to buy and sell products
Brainliest is appreciated :)
Jordan enjoys working at his company because it has the philosophy that every employee is making an important contribution to achieve the company's goals. As a result, there is a mutual level of respect among all employees. In this situation, the company is creating a feeling of ______.
Because of the mutual level of respect among all the employee, thus, the company is creating a feeling of community.
Basically, a community feeling refers to one where each component of the group embraces and shared faith that their needs will be met through commitment and togetherness.
Here, the philosophy of the company made it important for employees to contribute to achieve the company's goals, thus, leading to mutual level of respect among them.
In conclusion, the company is creating a feeling of community.
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A(n)_____ is susceptible to legal attack because some questions may infringe on non-job related matters such as privacy, diversity, or disability
A) realistic job preview
B) situational interview
C) performance interview
D) behavioral-description interview
E) unstructured interview
Unstructured interviews are vulnerable to legal challenges because certain questions might violate non-job-related rights like privacy, diversity, or handicap.
Which technique of performance evaluates behavior using a scale that includes precise statements of behavior describing various levels of performance?A Definition of Behaviorally Anchored Rating Scale. A BARS is a technique for evaluating employees in a defined set of performance dimensions by contrasting their behaviors with certain behavior examples that anchor each performance level, typically on a five-, seven-, or nine-point scale.
What three different kinds of interviews are there for evaluation?The Tell and Sell, Tell and Listen, and Problem-Solving styles of assessment interviews are the three different sorts. The capacity to persuade the employee to change is required in a Tell and Sell interview.
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what does contingent mean on a real estate listing
Answer:
Contingent means "depending on certain circumstances." If a house is listed as contingent in real estate it means that an offer has been made and accepted, but before the deal is complete some additional criteria must be met.
Explanation:
Hope this helps! (I just looked it up) Good luck!!
In testing for a proper cutoff of purchases of materials, the internal auditor would most likely examine:
In testing for a proper cutoff of purchases of materials, the internal auditor would typically examine various documents and perform procedures to ensure the accuracy and completeness of the recorded purchases. Here are some of the key areas the internal auditor would likely focus on:
1) Purchase Orders:
The auditor would review purchase orders to determine the dates on which the materials were ordered. They would compare the dates with the financial period under examination to verify that purchases made near the period-end are correctly recorded in the appropriate accounting period.
2) Receiving Reports:
The auditor would examine receiving reports or goods received notes to identify the dates when the materials were received. This helps ensure that goods received in one period are appropriately recorded in that period, rather than being included in the subsequent period.
3) Vendor Invoices: The auditor would analyze vendor invoices to verify the dates of the invoices for the purchased materials. This is crucial to ensure that the invoices received and recorded by the organization correspond to the correct period and that no invoices have been excluded or delayed intentionally to manipulate financial results.
4) Purchase Requisitions:
The auditor may review purchase requisitions, which are internal documents used to initiate the purchasing process. This examination helps determine whether requisitions submitted near the period-end are processed and recorded correctly in the respective period.
5) Goods Dispatch and Shipping Documentation:
If applicable, the auditor may examine documentation related to the dispatch or shipping of materials to confirm the actual shipment dates. This can help ensure that any materials dispatched or shipped before the period-end are properly recorded.
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i have a brainlest for anybody if the can tell me who won the wwe champoinship in 1996
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUwhat is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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claremont company sells refurbished copiers. during the month, the company sold 225 copiers at an average price of $3,900 each. the budget for the month was to sell 220 copiers at an average price of $4,100. the expected total sales for 225 copiers were:
The expected total sales of 225 copiers were $912,500.
What are total sales?Total sales can be understood as a key performance indicator or also called KPI. It is used by sales departments to track the total amount of revenue generated from sales over a given period of time.
Total sales are also referred to as total revenue and are a good measure of business health. Sales teams and business owners use this metric to establish a top line and bottom line every year and understand the amount of money they need to increase profit margins.
It also allows companies to understand when they can break even.
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Who would best benefit from counseling?
A person with a debt-to-income ratio of 29%
A person with a debt-to-income ratio of 8%
A person with a debt-to-income ratio of 12%
A person with a debt-to-income ratio of 25%
Answer:
It's A. A person with a debt-to-income ratio of 29%
Explanation:
A person with a debt-to-income ratio of 29% would best benefit from counseling. Hence, option A is correct.
What is debt-to-income ratio?People debt-to-income ratio (DTI) evaluates how much of your monthly income is going toward paying down your debts. It specifically refers to the percentage of your gross monthly income that is used to settle debts such as rent, a mortgage, credit cards, and other commitments.
As a general rule, try to keep your total debt to income ratio at or below 43%. As a general rule, aim for a debt-to-income ratio of about 36% or less and no higher than 43%. This is how lenders frequently assess DTI: Excellent DTI of 36% or less. DTI is good at 43%.
The optimal back-end ratio, which takes into account all monthly debts, should not be more than, and the front-end ratio should not exceed, 28 percent.
Thus, option A is correct.
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A company wants to market different types of shampoo using color-coded bottles, lids, and label print. It has four different colors of lids, five different colors of bottles, and two different colors of print for the label available. How many different types of shampoo can the company package? types
Answer: 40 types
Explanation:
From the question, we are informed that a company wants to market different types of shampoo using color-coded bottles, lids, and label print and that the company has four different colors of lids, five different colors of bottles, and two different colors of print for the label available.
To calculate the different types of shampoo that the company can package, we use the multiplication principle. This will be:
= 4 × 5 × 2
= 40 types
Which of the following is a disadvantage of the value added tax (VAT)?
A. The VAT is hard to avoid.
B. The VAT is invisible to consumers.
C. The VAT is easy to collect.
D. The VAT’s incidence is widely spread.
Answer:
The answer is B. I hope this helps <3
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Kline Co. Had the following sales and accounts receivable balances at the end of the current year:
Cash sales $1,000,000
Net credit sales 3,000,000
Net accounts receivable, 1/1 100,000
Net accounts receivable, 12/31 400,000
What is Kline's average collection period for its accounts receivable?
Kline's average collection period is 22.81 days, meaning on average, it takes Kline 22.81 days to collect payment from its customers.
To calculate the average collection period (ACP), we need to determine the average amount of accounts receivable outstanding during the year. We can use the formula ACP = 365 / (Net Sales / Average Accounts Receivable).
First, we need to calculate the average accounts receivable by taking the average of the beginning and ending balances:
(100,000 + 400,000) / 2 = 250,000
Next, we'll add up the cash and net credit sales:
1,000,000 + 3,000,000 = 4,000,000
Now we can use the formula to find the ACP:
ACP = 365 / (4,000,000 / 250,000) = 365 / 16 = 22.81 days
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Cooper River Glass Works (CRGW) produces four different models of desk lamps as shown on the flowchart. The operations manager knows that total monthly demand exceeds the capacity available for production. Thus, she is interested in determining the product mix which will maximize profits. Each model's price, routing, processing times, and material cost is provided in the flowchart. Demand next month is estimated to be 200 units of model Alpha, 225 units of model Bravo, 175 units of model Charlie, and 275 units of model Delta. CRGW operates only one 8 hours shift per day and is scheduled to work 20 days next month (no overtime). Further, each station requires a 10% capacity cushion. Click the icon to view the Cooper River Glass Works Flowchart. a. Which station is the bottleneck? The bottleneck is Station 2 , with a total load of 9500 minutes for the next month. (Enter your response as a whole number.) b. Using the traditional method, which bases decisions solely on a product's contribution to profits and overhead, what is the optimal product mix and what is the overall profitability? The product mix obtained using the traditional method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) The bottleneck is Station 2 , with a total load of 9500 minutes for the next month. (Enter your response as a whole number.) b. Using the traditional method, which bases decisions solely on a product's contribution to profits and overhead, what is the optimal product mix and what is the overall profitability? The product mix obtained using the traditional method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Product Alpha Bravo Units to be produced 28 225 175 275 Charlie Delta This product mix yields a profit of $ 55,030. (Enter your response as a whole number.) c. Using the bottleneck-based method, what is the optimal product mix and what is the overall profitability? The product mix obtained using the bottleneck method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Product Alpha Bravo Charlie Delta Units to be produced 200 182 175 275
a. The bottleneck is Station 2, with a total load of 9500 minutes for the next month.
b. Using the traditional method, the optimal product mix and overall profitability are as follows:
Product | Alpha | Bravo | Charlie | Delta
Units to be produced | 28 | 225 | 175 | 275
The overall profitability achieved with this product mix is $55,030.
c. Using the bottleneck-based method, the optimal product mix and overall profitability are as follows:
Product | Alpha | Bravo | Charlie | Delta
Units to be produced | 200 | 182 | 175 | 275
Please note that the profitability for the bottleneck-based method was not provided in the given information.
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Is this counted in the GDP of a country ?The services of a mechanic in fixing the radiator on his own car.
Answer:
Yes this could be counted as GDP
Explanation:
You decide to purchase a car for $12,000. Upon driving the car ff of the lot, the resale value of the car falls to $9,000. After purchasing the car, the $12,000 purchase price represents a(n) O a) non-sunk cost b) opportunity cost ) c) sunk cost d) implicit cost
The $12,000 purchase price of the car in this scenario represents a sunk cost. The correct answer is option C.
A sunk cost is a cost that has already been incurred and cannot be recovered. In this case, once the car is purchased and driven off the lot, its resale value falls to $9,000, meaning that the initial purchase price of $12,000 cannot be recovered.
It's important to understand the concept of sunk costs because they can often influence decision-making in a negative way. For example, if the buyer in this scenario were to hold onto the car instead of selling it for its lower resale value of $9,000, they would be letting the sunk cost of $12,000 influence their decision, rather than considering the current market value of the car.
Opportunity cost, on the other hand, refers to the cost of forgoing one option in favor of another. It is the value of the next best alternative that must be given up in order to pursue a certain action. Implicit costs are costs that are not monetary, but rather the opportunity cost of resources used in a certain activity. In this scenario, neither opportunity cost nor implicit cost are relevant.
Therefore, option C is the right one.
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Assume Miranda was exercising vigorously. She has a heart rate (HR) of 176 beats/min, a tidal volume (TV) of 3200 ml/breath, and a respiratory rate (RR) of 24 breaths per minute. Calculate her minute ventilation (VE).
To calculate Miranda's minute ventilation (VE), we need to multiply her tidal volume (TV) by her respiratory rate (RR).
VE = TV x RR
In this case, her TV is 3200 ml/breath and her RR is 24 breaths per minute.
VE = 3200 ml/breath x 24 breaths/min = 76,800 ml/min
So, Miranda's minute ventilation is 76,800 ml/min. This means that with each breath she takes, she is ventilating 3.2 liters of air. Given her heart rate of 176 beats/min, we can see that her body is working hard to supply enough oxygen to her working muscles to sustain her activity. It's important to note that VE is just one of many physiological measures that can give us insights into how our bodies respond to exercise.
Other important measures include lactate threshold, maximal oxygen uptake, and heart rate variability, among others.
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Imagine you are an economic adviser to the Commonwealth Government. The Prime Minister wants to increase spending on public transport in major cities, but does not want to raise taxes. Identify alternative sources of revenue for the government to fund its new initiatives.
Answer: A combination of 1) Increased public transportation fees, 2) raise the gasoline tax, 3) increase or institute highway tolls, or 4) reduce the road construction budget and use that money for public transportation.
Explanation:
Actions 2-4 would provide incentives to use public transportation.
if the price index has a value of 100 in year x, then year x must be the base year. true or false?
if the price index has a value of 100 in year x, then year x must be the base year. True.
A price index (plural: "price indices" or "price indexes") is a normalised average (usually a weighted average) of price relatives for a certain class of products or services in a specific location over a specific time period. It is a statistic that may be used to compare how these price relatives change over time periods or geographical areas.
Price indices can be used for a variety of purposes. For very wide indices, the index might be considered to assess the general price level of the economy or the cost of living. More specific price indices can assist manufacturers with business planning and pricing. They can sometimes be effective in guiding investment.
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Marketing public relations helps in improving the overall ROI by reducing overall marketing costs. T/F
True, marketing public relations can contribute to improving the overall ROI by reducing overall marketing costs.
Marketing public relations (PR) can indeed help in improving the overall return on investment (ROI) by reducing overall marketing costs. PR activities focus on building positive relationships with the public, media, and other stakeholders, with the goal of creating favorable publicity and enhancing brand reputation. By effectively utilizing PR strategies, organizations can achieve several cost-saving benefits.Firstly, PR efforts can generate earned media coverage, which means getting media exposure without directly paying for advertising. This media exposure can significantly reduce marketing costs compared to paid advertising campaigns. When a brand gains positive publicity through PR activities such as press releases, media interviews, or influencer partnerships, it can generate organic awareness and reach a wider audience at a lower cost.
Secondly, PR can help in mitigating potential crises and managing reputation issues. By maintaining a positive brand image and promptly addressing any negative publicity or incidents, organizations can avoid costly damage control efforts. Proactive PR strategies can minimize the impact of unfavorable events and protect the brand's reputation, ultimately reducing marketing costs associated with reputation recovery.Overall, marketing PR plays a crucial role in improving ROI by reducing overall marketing costs through earned media exposure, positive brand reputation management, and crisis mitigation. It enables organizations to achieve their marketing goals more efficiently and effectively, while maximizing the value of their marketing investments.
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What is viability factors researches the demand for products or services?
Answer:
Viability is a mass noun that refers to something's capacity or potential for success. It may be a demand, an idea, a project, or even a plan to change how a business runs. Establishing viability is the goal of a viability evaluation. Product viability is the capacity of a software product to maintain itself or reach its potential.
Explanation:
The term "market viability" describes the commercial potential of a certain market. You may decide whether starting a business in a specific market makes financial sense with the use of a market viability analysis.
Industry size: Is there adequate room on the market for new vendors? Exists room for improvement?
Target market: Do potential customers have more money to spend? Can they afford to purchase your offering?
Competition: Who are the major retailers in this industry, in terms of competition? What are their advantages and disadvantages? How are you going to rival them?
Your objective is to eliminate any markets that are too small, too competitive, or comprised of clients who are unable or unable to pay your prices.
identify two methods by which data maybe collected from supplier, customer, government
Answer:
Questionnaires : Interviews
Explanation:
There are several methods of collecting data from suppliers, customers, or the government. Two of them are
1. Questionnaires
Questionnaires are documents that contain questions related to the subject of inquiry. The researchers formulate questions that, when answered with provide information that they are seeking. Questionnaires can be administered to the suppliers or customers by email, online or hard copies. They are among the most popular and oldest data collection techniques.
2. Interviews
In this method, a researcher engages a selected respondent on one-one conservation. They discuss the subject matter in detail. Interviews provide instant feedback and offer the interviewer a deeper understanding of the respondents' thought processes.
milan company issued bonds with a face value of $237,000 on january 1, year 1. the bonds had a 9 percent stated rate of interest and a six-year term. the bonds were issued at face value. interest is payable on an annual basis. required what total amount of interest will milan company pay in year 1 if bond interest is paid annually each december 31? what total amount of interest will milan company pay in year 1 if bond interest is paid semiannually each june 30 and december 31? (do not round intermediate calculations.)
Milan Company will pay a total of $22,084.85 in interest in Year 1 if bond interest is paid semiannually on June 30 and December 31.
What exactly does face value imply?Face value, also known as par value or nominal value, is the value stated on a financial instrument such as a bond, stock, or currency, that indicates the amount of the investment. It is the principal amount that the issuer of the financial instrument promises to pay back to the investor at the maturity date.
If the bond interest is paid annually on December 31, then the total amount of interest that Milan Company will pay in Year 1 can be calculated as follows:
Total interest = Face value of bonds x Stated interest rate
Total interest = $237,000 x 9% = $21,330
Therefore, Milan Company will pay a total of $21,330 in interest in Year 1 if bond interest is paid annually on December 31.
If the bond interest is paid semiannually on June 30 and December 31, then the total amount of interest that Milan Company will pay in Year 1 can be calculated as follows:
First six months:
Interest = Face value of bonds x Stated interest rate x Time period
Interest = $237,000 x 9% x (6/12) = $10,665
Last six months:
Interest = (Face value of bonds + Accrued interest from first six months) x Stated interest rate x Time period
Accrued interest from first six months = $10,665
Interest = ($237,000 + $10,665) x 9% x (6/12)
= $11,419.85
Total interest for the year = Interest for the first six months + Interest for the last six months
Total interest = $10,665 + $11,419.85
= $22,084.85
Therefore, Milan Company will pay a total of $22,084.85 in interest in Year 1 if bond interest is paid semiannually on June 30 and December 31.
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Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.
Answer: See explanation
Explanation:
The seven functions of marketing include:
1. Marketing Information Management: This helps an organization to understand what the customers need. Information can be gathered through the review of market research reports, social media, feedback from sales team.
2. Distribution: An organization's distribution strategy helps the customers to know where to get the product or the company. Marketing helps in the distribution of goods and services to ones customers.
3. Pricing: Pricing plays a role in the success of a particular product. Marketing helps one to be aware of the pricing strategy to use in order to have a competitive edge over ones rivals.
4. Product/Service Management: Marketing is vital for the development of a product as the information gotten from customers can be used to incorporate in new products.
5. Promotion: Through marketing, prospective customers can be made aware of a particular product through promotional activities.
6. Sale - Marketing aids sales as it brings about an increase in the volume of goods sold to the public and also on ways to improve the product through feedbacks.
7. Financing: Successful marketing gives revenue to a business and help in strengthening the loyalty of customers and help in gaining new customers.
There are two basic areas of science:
and applied science.
A.mental
B.information
C.pure
Answer:
Basic science, such as understanding how cells work, is research aimed at understanding fundamental problems.
Applied science, such as the medical field, is the application of basic scientific knowledge to solve practical problems.
Applied science uses and applies information obtained through basic science.
Explanation:
So, option B is the correct
Information ℹ️
Tata Motors and Exporting OPENING CASE Tata Motors Limited (tatamotors.com) was formerly called TELCO, an abbreviation for Tata Engineering and Locomo- tive Company. Today. Tata Motors is an Indian multinational automotive company headquartered in Mumbai and a core member of the very successful Tata Group. The Tata Group was founded in 1868 and has annual sales of more than $105 billion U.S. dollars, of which Tata Motors makes up about INR 262,796 crores or about $42 billion U.S. dol- lars. Tata Motors has more than 60,000 employees, was founded in 1945, and serves a worldwide clientele with Tata Motors Cars, Jaguar Land Rover, Tata Daewoo, and Tata Hispano. The company entered the passenger vehi- cle market in 1991 with the launch of the model Tata Sierra (a three-door sport utility vehicle). Tata Motors thrives in exporting, strategically using ex- porting as a global vehicle to sell cars worldwide, as well as to help offset cyclical tendencies in sales in the home market of India. Tata Motors exported about 55,000 com- mercial vehicles last year and plans to export 100,000 commercial units within two years. The target for the increase in exporting is everywhere worldwide except Europe and North America. The global strategy for Tata Motors specifically includes making deeper inroads into the Middle East, Africa, and Latin America. As the fourth-largest bus manufacturer globally. Tata Motors provides innovatively designed and technologi- cally sophisticated buses for the smart cities of tomorrow. The buses personify safety and comfort, reliability and profitability Designed using the most advanced technol- ogy. Tata Motors' bus chassis are a benchmark in terms of performance and reliability in the bus industry. Fully fin- ished, built buses from Tata Motors are often viewed as a hallmark of excellence, and these buses have been de- signed with the utmost quality standards in mind. Tata Motors exports buses and trucks to nearly 47 countries, including 18 countries in Africa; four markets in Latin America; Russia, and various countries in Europe, the Middle East, and Asia Pacific. Some of the popular vehicles exported include the company's globally benchmarked range of Prima and Ultra. These brands have been devel- oped with modern design and global markets in mind. Tata Motors also export a variety of premium buses and coaches, from luxurious intercity travel vehicles to safe transportation choices for elementary school children. The buses come in 12 seaters to 67 seaters. Additionally, in the pickup and small commercial vehicle (SCV) segments, Xenon XT and Super Ace have been popular choices in many of the countries. Future exporting activities for Tata Motors are mainly planned to target an increased presence in emerging countries (e.g., Africa, Asia Pacific, Middle Eastern, and Latin America). The company will place its worldwide bets -class products like the Xenon, Super Ace, Prima, and Ultra range of trucks. The overall exporting goal is to continue to enter into new markets and keep expanding the global footprint of Tata Motors. Sources: Shally Seth Mohile, "Tata Motors Plans to Double Export of Commercial Vehicles in Two Years," Live Mint September 16, 2016 "Tata Motors Exports Up 12% in December at 5.119 Units." Indian Infor- mation Online (IFL), January 2, 2017: 'Tata Motors Expect 30% Growth in Exports, Business Standard. October 23, 2015. Discuss the importance of exports to Tata Motors. Why has the company chosen to export?
Tata Motors thrives in exporting, strategically using exporting as a global vehicle to sell cars worldwide, as well as to help offset cyclical tendencies in sales in the home market of India.
Future exporting activities for Tata Motors are mainly planned to target an increased presence in emerging countries (e.g., Africa, Asia Pacific, Middle Eastern, and Latin America). The company will place its worldwide bets -class products like the Xenon, Super Ace, Prima, and Ultra range of trucks.
The overall exporting goal is to continue to enter into new markets and keep expanding the global footprint of Tata Motors. Thus, the company has chosen to export due to the following reasons:To expand its global footprint.To offset cyclical tendencies in sales in the home market of India
To target an increased presence in emerging countries like Africa, Asia Pacific, Middle Eastern, and Latin America.To continue to enter into new markets.
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