Answer:
The payback period is 3.53 years.
Explanation:
The cost of investment project = $10000
The annual cash flows = $2830
Time period = 6 years
Since cost of project, annual cash flow and time period is given so we are required to calculate the discounted payback period when there is 0 % discount rate.
Payback period = Initial project cost / annual cash flow
= 10000 / 2830
=3.5335
= 3.53 years
Given that <span>Kenya
makes sure that her company uses available technologies to listen to
what people are saying.
The strategy Kenya is using to respond to
negative criticism monitor the conversation</span>.
penetration pricing may follow skimming pricing. the skimming pricing would help recoup initial research and development costs; increase market share.
price skimming sets charges better to draw customers maximum interest in the services or products to maximize brief-time period profits. Penetration pricing uses decreased prices to build a customer base for brand new services or products.
Penetration Pricing is a pricing approach in which the rate set via the firm is low first of all, with the purpose to appeal to more and more clients. Skimming Pricing manner a pricing approach in which the company set a high price for the product at its advent level for you to acquire the most income. Penetrate the market.
Charge skimming unit prices higher to draw clients most interested in the products or services to maximize quick-term income. Penetration pricing uses lower prices to construct a consumer base for brand new services or products.
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Diversification strategy is American tile corp. using when it acquires a company that makes industrial cleaning products that American tile does not currently offer.
When businesses want to expand, they use a diversification approach. In order to boost revenues, it is a practice to add a new product to your supply chain. These goods may represent a new subset of the market that your organization already serves, a strategy known as business-level diversification.
One of the four growth techniques popularized by Igor Ansoff is diversification. One of these growth techniques is more likely to work for your firm than the others, depending on the sector, size, and ambition of your business. As follows:
Product Development
Penetration
Market Diversification and
Development
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