Hello !
Answer:
The union and management agreement that allows non-union people to be hired but requires that they join the union after a probationary period creates the union shop.
Explanation:
The union and management agreement that allows non-union people to be hired but requires that they join the union after a probationary period creates the union shop.
On January 1, 2021, a company reported assets of $1,000,000 and liabilities of $600,000. During 2021, assets increased by $700,000 and stockholders' equity increased by $200,000. What is the amount of liabilities at December 31, 2021
The relationship between an entity's assets, liabilities, and owner's equity is represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone for double-entry bookkeeping. The total debits and total credit for each transaction are equal.
Since Assets = liabilities +equity
Hence , change in assets = change in liabilities + change in equity
$100,000= change in liabilities +$200,000
-100,000= Change in liabilities-$200,000
change in liabilities =$100,000 increase
Amount of liabilities at Dec 31,2020
=$600,000 beginning +$100,000 increase
=$700,000
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If a firm has economies of scale, increasing the quantity produced will lead to: multiple choice 1 higher long run average costs. lower long run average costs. lower short run average costs. higher profits.
It results in lower short run average cost in economies of sale .
Economies of scaleEconomies of scale refers to the situation where, as the quantity of output goes up, the cost per unit goes down. This is the idea behind “warehouse stores” like Costco or Walmart. In everyday language: a larger factory can produce at a lower average cost than a smaller factory. Figure 2 illustrates the idea of economies of scale, showing the average cost of producing an alarm clock falling as the quantity of output rises. For a small-sized factory like S, with an output level of 1,000, the average cost of production is $12 per alarm clock. For a medium-sized factory like M, with an output level of 2,000, the average cost of production falls to $8 per alarm clock. For a large factory like L, with an output of 5,000, the average cost of production declines still further to $4 per alarm clock.
One prominent example of economies of scale occurs in the chemical industry. Chemical plants have a lot of pipes. The cost of the materials for producing a pipe is related to the circumference of the pipe and its length. However, the volume of chemicals that can flow through a pipe is determined by the cross-section area of the pipe.
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Suppose you are analyzing data for an economy in which Ricardian neutrality holds true. If the budget deficit increases by 50, then:
While analyzing data if Ricardian neutrality holds true then the budget deficit increases by 50, then private savings will increase by 50.
Ricardian EquivalenceAccording to the economic principle known as Ricardian equivalence, paying government expenditures with current taxes or future taxes (as well as current deficits) will have similar impacts on the overall state of the economy.Therefore, increased government expenditure that is financed by debt will not be able to stimulate the economy since investors and consumers are aware that the loan would eventually need to be repaid through future taxes. The hypothesis contends that consumers will save because they anticipate paying higher taxes in the future to reduce the debt, which will counteract the rise in aggregate demand brought on by higher government spending. This suggests that Keynesian fiscal policy will typically fail to increase economic growth and output.To learn more about Ricardian Equivalence refer to:
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A firm's total revenue can be determined by Group of answer choices None of the Answers are Correct. Fixed costs minus quantity. Total costs minus variable costs. Profits minus costs. Price times quantity.
A firm's total revenue can be determined by price and quantity. Hence, Option 5 is correct.
What is the total revenue?A profit or an income that is generated by a company after selling products or services is known as total revenue. It is also known as gross revenue. Let's understand total revenue with the help of an example:
No. of products sold = 25
The price of each item is $20.
Total revenue = price × quantity
= 20 × 25
= $500
The total revenue of the firm is $500.
Thus, Total revenue can be determined with option 5: price× quantity.
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Gasoline and ethanol are substitute fuels. If the government increases taxes on gasoline, this will cause a(n) ________ in deadweight loss in the market for gasoline and a(n) ________. a. increase; decrease in demand for ethanol b. increase; decrease in the price of ethanol c. decrease; increase in the price of ethanol d. increase; increase in the price of ethanol
If the government increases taxes on gasoline, this will cause (A) an Increase in a deadweight loss in the market for gasoline and an increase in the price of ethanol.
What is deadweight loss?The difference in production and consumption of any given goods or service, including government tax, is referred to as deadweight loss. When the quantity generated relative to the amount eaten departs from the optimal concentration of surplus, the existence of deadweight loss is most commonly recognized. This disparity in amount represents the quantity that is not used or eaten, resulting in a loss. This "deadweight loss" is thus attributed to both producers and consumers because none benefits from the overall production excess.Reason -If the government increases taxes on ethanol and gasoline os the price of ethanol will increase as the taxes are higher and the deadweight loss will increase due to an increase in taxes.
Therefore, the correct option is (A) an increase in deadweight loss in the market for gasoline and an increase in the price of ethanol.
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Complete question:
Gasoline and ethanol are substitute fuels with downward sloping demand curves and upward sloping supply curves. If the government increases taxes on gasoline, this will cause a(n):
A. increase in deadweight loss in the market for gasoline and an increase in the price of ethanol.
B. a decrease in a deadweight loss in the market for gasoline and an increase in the price of ethanol.
C. increase in deadweight loss in the market for gasoline and a decrease in the price of ethanol.
D. increase in deadweight loss in the market for gasoline and a decrease in demand for ethanol.
E. decrease in a deadweight loss in the market for gasoline and an increase in demand for ethanol.
Amanda, a single parent, is looking for a new job. Considering that she has two school-aged children, she is particularly keen on finding an employer who can provide her with alternative work arrangements such as flexible work hours and telecommuting. In terms of the decision-making process, these represent Amanda's ________.
These represent Amanda's decision criteria. Employees can make good decisions in the workplace with the use of a decision criteria.
What are decision criteria?A decision criterion can aid staff in making wise judgments at work. Principles, practices, regulations, norms, requirements, and guidelines are all examples of criteria that can be utilized to make decisions and carry out tasks. You may enhance your team's decision-making process by being aware of and managing the decision-making criteria utilized at your organization.
The concepts, values, guidelines, parameters, and conditions that a team or organization employs to decide amongst options are known as decision criteria. These factors help teams decide between many options for a course of action. They raise the standard, consistency, and fairness of the team's judgments. These guidelines aid in ensuring that the decision-making process has an easy-to-follow, understandable structure for all parties involved. They can also assist in the development of a decision matrix.
The criteria are used in a decision matrix to assess the viability of various choices. Think about any potential limits before you write a criterion. For instance, your criteria could be impacted by resources, legislation, regulations, and industry policies.
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Paid, non-personal communication through various media by organizations and individuals who are in some way identified in the message is known as
Answer:
it is commonly called advertising
Explanation:
Advertising is any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor. Advertising is paid, nonpersonal communication through various media by business firms, nonprofit organizations and individuals who are in some way identified in the advertising message.
JSTOR.org (siting my evidence)
\Select the three generic business strategies Porter identified for entering a new market. Multiple select question. Focused leadership Broad cost leadership Focused strategy Product differentiation Broad differentiation
broad differentiation, focused strategy, and broad cost leadership are the three Generic business strategies Porter identified for entering a new market.
What are Generic business strategies?A Generic business-level strategy is a broad approach to a company's positioning within a sector. Executives can concentrate on the essential components of business-level plans by focusing on generic strategies. The most widely used set of generic strategies is derived from the work of Harvard Business School Professor Michael Porter.
The foundation of any business-level strategy, in Porter's opinion, is two competitive dimensions. The first factor is the source of competitive advantage for a company. This factor examines whether a company seeks to outperform competitors by cutting costs or by providing a niche product.
The range of a company's operations is the second factor. This aspect pertains to whether a company tries to target clients generally or whether it only aims to draw in a certain customer demographic.
These choices lead to the following four general business-level strategies:
Broad cost leadership, Broad differentiation,Focused cost leadership, Focused differentiation.To know more about Generic business strategies refer to: https://brainly.com/question/27403764
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The three generic business strategies are as follows broad differentiation, focused strategy, broad cost leadership.
There are three fundamental strategy alternatives open to firms for attaining a competitive edge, according Porter's Generic Strategies model. Cost leadership, differentiation, and focus are these. In 1980, Michael Porter created these, which a business may employ to acquire a competitive advantage.
The management, expansion, and profitability of your company will probably be aided by Porter's general competitive tactics, which will help you build a long-lasting competitive edge. Our business's purpose is defined and given a set of values by our strategy. It aids in our understanding of what success truly entails. It offers a route for our company, outlines our destination, and recommends helpful rest stops along the way.
Hence, the correct option is broad differentiation, focused strategy, broad cost leadership.
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An investor pays $340,000 for an eight-unit apartment building. Each unit rents for $1,500 per month. Annual expenses are $96,000. What is the investor's approximate rate of return
14.12% is the answer
$ 1,500 x 8 units x 12 months = $ 144,000
Total income. $ 144.00-Cost of $ 96,000 = Net income of $ 48,000. $
48,000 / $ 340,000 = 14.12% revenue or 14%.
The ROI is calculated by subtracting the investment start value from the investment end value (equal to net income), dividing this new number (net income) by the investment cost, and finally multiplying by 100.
is the average return, which is a simple mathematical average of the series of returns generated over a period of time. The average return is calculated in the same way that a simple average is calculated for any set of numbers.
A good rate of return on investment is usually considered to be around 7% per year. This is a barometer often used by investors based on the historical average return of the inflation-adjusted S & P 500.
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The use of government taxes and spending to alter macroeconomic outcomes is known as?
it's known as fiscal policy
The safety margin is the difference between budgeted ______. Multiple choice question. sales revenue and break-even sales revenue sales and budgeted variable costs at the break-even point net income and break-even net income contribution margin and fixed costs at the break-even point
The safety margin is the difference between budgeted: A. sales revenue and break-even sales revenue.
What is a safety margin?A safety margin can be defined as a measure of the difference between an amount of money that is budgeted by a business firm as sales revenue and break-even sales revenue.
This ultimately implies that, the difference between budgeted sales revenue and break-even sales revenue is generally referred to as a safety margin and it is very important for a business.
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Suppose at an output level of 150 units a firm's average fixed cost is $25 and average variable cost is $50. Then the average total cost of the firm is ______.\
The average total cost of the firm is $75.
What is the average total cost of the firm?The average total cost is the sum of the average fixed cost and the average variable cost.
The average total cost = average fixed cost + average variable cost
$25 + $50 = $75
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Bob owns a small business with 12 employees. He is anticipating a large contract in the near future which he hopes will triple his profit and double the number of employees he will hire. Bob has always been a very likable man and a dependable, hard-working person. He is very worried about his ability to take on twice as many employees and continue on a successful path. Referring to the Competency Perspective of leadership. explain one (1) Bob's strongest leadership competency and 1 (one) Bob's weakest leadership competency.
Bob's strongest leadership competency is personality characteristics and weakest leadership competency is self-concept.
What do you understand by personality characteristic and self-concept?Personality characteristicThe term "personality characteristic" refers to a characteristic of an individual that regularly influences their tendency to think, feel, and act in certain ways. Personality characteristics are more often associated with recurring emotional and behavioral patterns than singular events. There are numerous ways that positive personality qualities show themselves. The related behaviors become indicative of a person's character when their regular behavior consistently demonstrates the same good traits. Examples of a positive personality traits are:
Honesty and accepting accountability for your actions are admirable traits.A person can get along with others more easily if they have qualities like adaptability and affability.Any obstacle can be overcome with enough drive, determination, and tenacity.Self-conceptSelf-concept is just a mental image of who you are as a person. It refers to one's own thought about ones perspective or the individual perceptions on his or her own conduct, abilities, and distinctive traits.
It is possible to say that certain ideas are a component of one's general self-concept, for instance, "I am a wonderful teacher" or "I am an intellectual person."
In the given question, Bob is concerned about his capacity to hire twice as many staff while maintaining his current level of success.
Thus, this reflects Bob's personality from the Self Concept standpoint.
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Which law requires time-and-a-half pay for any hours worked over 40 hours per week involving government contracts amounting to $10,000 or more
The Fair Labor Standard Act requires time-and-a-half pay for any hours worked over 40 hours per week involving government contracts amounting to $10,000 or more.
A federal employment legislation known as the Fair Labor Standards Act (FLSA) outlines employer responsibilities with regard to employee pay, hours, overtime, and child labor. Employers Covered by the FLSA. Only businesses with yearly sales of $500,000 or more or those involved in interstate commerce are subject to the FLSA.The Fair Labor Requirements Act (FLSA) specifies standards for minimum wage, overtime compensation, recordkeeping, and youth employment that are applicable to workers in the private sector and in federal, state, and municipal governments.A minimum wage and "time-and-a-half" overtime pay are rights established by the Fair Labor Standards Act of 1938, which is codified at 29 U.S.C. 203. These rights apply to everyone working more than forty hours per week. Additionally, it forbids using children for "oppressive child labor."Thus this is the answer.
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What type of digital marketing is exemplified by a company creating interesting, eye-catching, and unusual content so that individuals will want to share this content with others
Social media marketing is exemplified by a company creating interesting, eye-catching, and unusual content so that individuals will want to share this content with others.
Social media marketing is the usage of social media systems and websites to sell services or products. Even though the phrases e-advertising and virtual advertising are still dominant in academia, social media advertising and marketing are turning into extra famous for both practitioners and researchers.
The 6 Types of Social Media
Social Networks.Bookmarking Sites. Examples: Social news. Media Sharing.Microblogging. Blog comments and forums. Social Review Sites. Community Blogs.Viral advertising is an SMM method that attempts to cause the rapid unfold of word-of-mouth product facts in a completely easy and inexpensive manner to promote income.
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the
was established in 2010 as a result of the Dodd-Frank Act.
The agency that was established in 2010 by the Dodd-Frank Act is the Consumer Financial Protection Bureau (CFPB).
What is the role of the Consumer Financial Protection Bureau?It's main purpose is to regulate the affairs of finance companies that offer products and services to consumers in the United States.
The Dodd-Frank Act in 2010 established this agency as one of the safeguards to ensure that the Great Recession of 2008/9 never happens again.
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Money owed for products and services purchased on credit to be paid at a later date is known as _____.
Accounts Payable
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Although Rhode Island used the most paper money to deal with its financial problems, __________ refused to accept this type of currency and had to pay steep fines for doing so.
Although Rhode Island used the most paper money to deal with its financial problems, merchants refused to accept this currency and had to pay steep fines for doing so.
What are merchants?Merchants are people and/or institutions aimed at commercializing goods or services.
Merchants need to have paper money of legal use to make transactions during commerce activities.
In conclusion, although Rhode Island used the most paper money to deal with its financial problems, merchants refused to accept this currency.
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The Wegmans grocery store chain operates 90 stores across six states in the Northeast U.S. and continues to grow. Like many grocery stores, it is trying to respond to changes in the external environment and now offers Instacart, a service allowing customers to shop online and receive delivery within an hour depending on their location. Wegmans believes the added convenience and time-saving aspects of grocery delivery will lead to greater customer satisfaction, increased revenues, and profitability. Wegmans is responding to the _______factor of the external environment.
Wegmans is responding to the consumer factor of the external environment.
An external environment is what?
Since institutions do not exist in a vacuum, every organization needs to comprehend some fundamental components of its external environment. They engage in inter-entity interactions and are affected by a variety of uncontrollable circumstances, events, and player choices. Whatever internal controls the company has in place, there are a number of external factors that also have an impact on performance, which in turn has an impact on profitability and growth.
What makes up the external environment?The outside environment that affects enterprises is made up of four primary elements. These are the primary outside variables that come into play when running a firm.
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An example of a committed fixed cost at Bennett, Inc. is: Group of answer choices Property taxes on the factory building New product research and development A training program for salespersons Executive travel expenses
Property taxes on the factory building is an example of a committed fixed cost at Bennett, Inc.
What are committed fixed cost?The costs necessary to maintain current production capacity are referred to as committed fixed costs or capacity costs. These expenses result from top managers' long-term choices regarding the scope and makeup of their firm.
committed fixed costs are essential for the efficient functioning of a business, and their absence may disrupt such operations, which could have a real effect on the organization.
For businesses, property taxes are a fixed expense. The taxes normally don't vary and are only adjusted for improvements in the value of the related asset or facility. However, property taxes typically remain constant from year to year.
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Adelyn is in a financial dispute with her creditor. She wants to declare bankruptcy because she is finding herself unable to meet the requirements of paying off her debt. Which court that would most likely address this situation?
Adelyn is in a financial dispute with her creditor. She wants to declare bankruptcy because she is finding herself unable to meet the requirements of paying off her debt U.S. bankruptcy court.
The United States Constitution's Article I established the bankruptcy courts in the country. The United States Congress established the present bankruptcy court system in 1978, which went into effect on April 1, 1984.
The bankruptcy court is in charge of managing cases of bankruptcy filed in this country. All bankruptcy cases' records are kept by the court.
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The Nordstrom company strategically sends out messages about why its customer service is superior to its competitor's customer service. What marketing concept is the Nordstrom company employing
Nordstrom company is employing the Positioning marketing concept.
Market Positioning refers to the capacity to influence consumer perception regarding a logo or product relative to competitors. The objective of market positioning is to set up the photo or identity of a brand or product in order that consumers to understand it in a positive manner.
There are three standard types of product positioning strategies brands should consider:
comparative, differentiation, segmentation.The objective of marketplace positioning is to set up the image or identity of a brand or product in order that clients to perceive it in a positive manner. As an example: A handbag maker may additionally function itself as a luxury popularity image. A television maker may also role its tv as the maximum progressive.
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A bond has a yield to maturity of 9.25 percent, a coupon of 7.25 percent paid semiannually, a $1,000 face value, and a maturity date 21 years from today. What is the current yield
The current yield of the bond which is determined as the annual coupon payment divided by the current bond price is 8.88%
There is a need to distinguish between yield to maturity, coupon rate as well as the current yield of a bond.
A yield to maturity is the rate of return a bondholder would earn on the investment if the bond is held to maturity, the coupon rate is the percentage of the par value payable to the bondholders in cash annually, on the other hand, the current yield means the annual coupon payment as a percentage of the current bond price.
Current yield=annual coupon/current bond price
annual coupon=coupon rate*par value
annual coupon=7.25%*$1000
annual coupon=$72.50
The bond price can be determined using a financial calculator which requires that the calculator be set to its end mode before making necessary inputs as shown thus:
N=42(number of semiannual coupons in 21 years=21*2=42)
PMT=36.25(semiannual coupon=coupon rate*par value/2=7.25%*$1000/2)
I/Y=4.625(semiannual yield to maturity=9.25%/2=4.625%, without the % sign)
FV=1000(bond's par value of $1000)
CPT(press compute)
PV=$816.16
current yield=$72.50/$816.16
current yield=8.88%
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The GDPR created a ________ framework in order to enable U.S. businesses to legally use personal data from EU countries.
The GDPR created an E) Safe Harbor framework in order to enable U.S. businesses to legally use personal data from EU countries.
GDPR in the end places legal duties on a processor to hold facts of personal statistics and the way it's far processed, offering a miles better stage of prison liability must the agency be breached. Controllers also are pressured to make sure that every contract with processors is in compliance with GDPR.
the overall statistics protection regulation (GDPR) is designed to present individuals with greater control over their private statistics. Organizations eire have become concerned about the GDPR on the 25th may also 2018, changing the prevailing statistics safety framework below the EU information safety Directive.
Even as the GDPR is remitted by way of the European, it influences every u . s .. the ECU Parliament accredited the general information safety regulation in 2016 to replace a data safety initiative from 1995, however, adjustments weren't enforced till 2018.
The question is incomplete. Please read below to find the missing content.
The GDPR created a ________ framework in order to enable U.S. businesses to legally use personal data from EU countries.
A) COPPA
B) P3P
C) PGP
D) FIP
E) Safe Harbor
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Assume that Ms. Sawyer's salary is $70,000, up from $60,000 last year, while the CPI is 120 this year, up from 100 last year. This means that Ms. Sawyer's real income has ____________ since last year.
Assume that Ms. Sawyer's salary is $70,000, up from $60,000 last year, while the CPI is 120 this year, up from 100 last year. This means that Ms. Sawyer's real income has decreased since last year.
CPI is a statistical estimate generated from the price of a sample of representative items that are priced on a regular basis. Sub-indexes and sub-sub-indexes are calculated for different categories and subcategories of goods and services and are combined to create an overall index with weights that reflect the share of total consumer spending covered by the index.
This is one of several price indexes calculated by most National Statistics Bureaus. The annual rate of change in the CPI is used as an indicator of inflation. CPI can be used to index the actual value of wages, salaries and pensions (that is, to adjust for the effects of inflation).
Regulate the price. It then shrinks the monetary size to show the actual change in value. In most countries, the CPI, along with the census, is one of the most widely followed national economic statistics.
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If a consumer receives 20 units of utility from consuming two candy bars, and 25 units of utility from consuming three candy bars, the marginal utility of the third candy bar is
The marginal utility of the third candy bar is 5 units.
What is utility?It should be noted that utility is the satisfaction that's gotten when one uses a good or a particular service
In this case, the marginal utility of the third candy bar will be:
= 25 - 20
= 5 units.
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Dana is assigned to create a training program for newly hired mortgage loan officers. She has the ____ to complete this assignment.
Dana is assigned to create a training program for newly hired mortgage loan officers. She has the "responsibility" to complete this assignment.
What is mortgage loan?A mortgage loan is a secured loan that enables you to access money by giving the lender collateral in the form of an immovable asset, like a home or commercial property.
The main difference between the loan and mortgage loan is-
Any financial arrangement where one party receives a lump sum and agrees to repay the money is referred to as a "loan."A mortgage is a specific kind of loan used to fund real estate. Although a specific kind of loan, not all loans are mortgages. Loans that are "secured" are mortgages.To know more about the mortgage, here
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Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $3.65 next year. The growth rate in dividends for all three companies is 4 percent. The required return for each company’s stock is 8 percent, 11 percent, and 14 percent, respectively. What is the stock price for each company?
The value of each company's shares of stock
Red: $91.25
Yellow:$52.14
Blue: $36.50
Step 1
The constant dividend growth model, which is written as
Pt = Dt (1 + g)/(R - g)
Step2Therefore, the current stock price for each company is:
Price of the red stock is $3.65/(0.08 -0.04) = $91.25.
Price of the yellow stock is $3.65/(0.11 -0.04) = $52.14.
Price of the blue stock is $3.65/(0.14 -0.04) = 36.50.
The stock price falls as the needed return rises. A greater discount rate reduces the present value of cash flows, which is a function of the time value of money. The stock price can be significantly affected by even slight changes in the needed return, which is another crucial point to remember.
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The various Survivor shows have been promoted through personal appearances by show participants, websites, and merchandise with the Survivor logo as well as print and broadcast advertising. To make sure that all of the promotional messages are coordinated, CBS (the network on which the show is broadcast) should use the:
To make sure that all of the promotional messages are coordinated, CBS (the network on which the show is broadcast) should use the: integrated marketing communications approach.
What is Integrated marketing communication?Integrated marketing communication can be defined as the process used to unify marketing communication elements, such as public relations, social media, audience analytics, business development principles, and advertising, into a brand identity that remains consistent across distinct media channels.
Integrated marketing communications is an approach to promoting a message through multiple strategies that work together and reinforce one another.
There are three elements in any integrated marketing communication strategy:
The consumer being targeted, the channels through which the message is communicated, and evaluation of the results of the communication. An idea of marketing communications development that distinguishes the added value of a widespread plan that assesses the strategic roles of a variability of communication disciplines.
Therefore, we can conclude that to make sure that all of the promotional messages are coordinated, CBS (the network on which the show is broadcast) should use the integrated marketing communications approach.
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One of the main factors when determining which companies to buy policies from is whether or not the company is _____ strong.
One of the main factors when determining which companies to buy policies from is whether or not the company is Death benefit strong.
Fundamental business information includes things like profitability, revenue, assets, liabilities, and growth potential. You can compute a company's financial ratios using fundamental analysis to assess the viability of an investment.Three basic valuation techniques are employed by business professionals when determining a firm's value as a continuing concern:(1) DCF analysis,
(2) similar company analysis,
(3) precedent transactions.
What death benefit means?To start, let's define death benefit: It's the money – lump sum or otherwise – that gets paid to your beneficiaries if you die while your life insurance policy is in effect.
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