Answer:
b. Art and Performance
Explanation:
Performance art features a presentation to an audience or to onlookers and includes arts such as, poetry, music, acting, dance, and painting. In performance art, artists use their bodies as the medium to perform an action. Often, the artwork revolves around an individual artist but can be collaborative.
Art and performance created by an artist may be presented live or a recording. The artwork can be spontaneous or scripted like what Dean does with language and poetry.
There are many risks that businesses face, including:
- Competition risk - there could be another business that draws customers away from your company.
- Economic risk- if the economy is doing poorly, it could increase costs or reduce sales
- Reputation - if someone posts a bad review online, how will that effect your sales?
- Legal/Compliance issues- you have to comply with industry regulations and laws, and there is great risk to you and the business if you break these rules
- Resources risk - if you rely on a specific material to run your business and that material isn't available you could be in trouble (ex. if the orange crop is wiped out by a hurricane, orange juice makers could be in trouble)
<span>If you take the question very literally, you have just joined the organisation and been offered two options. The present value of each is still $0 as you have not yet selected either or received any payment. However, assuming the question is aimed at establishing which option is better over the two year period, the following explanation applies.
Salary arrangement 1 is 7,400 monthly for 24 months
Assuming the whole salary is invested each month, and the annual interest rate is 6%, and that it is paid at the start of each month then the following formula will apply:
Present value = previous value + (previous value * interest rate) + monthly payment
Using this formula for a 24 month period results in present value of $188,196.47
Salary arrangement 2 is 33,000 initially and 6,100 monthly for 24 months
Using the same assumptions as above, and the same formula for 24 month period results in present value of $191,692.01
The main difference is the initial payment which is accruing interest throughout the period and therefore salary arrangement 2 results in a higher present value.</span>
Answer:
Break-even point in units= 12,769 units
Explanation:
Giving the following information:
Selling price per unit= $170
Variable expenses per unit= $81.10
Fixed expense per month= $997,920
Monthly target profit of $137,240
To determine the number of units to be sold, we need to use the break-even point in units formula. We need to add the desired profit.
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (997,920 + 137,240) / (170 - 81.1)
Break-even point in units= 12,769 units
Answer: their domestic consumers are demanding
Explanation:
In Porter's Diamond Strategy, he explains why some nations are more competitive than others. One of the factors mentioned was the DEMAND CONDITIONS.
He posited that home demand has a huge influence on how favourable domestic industries are.
How?
A larger market at home presents companies with challenges as well as more opportunities to grow and become better and more efficient.
Striving to satiate such a demand will enable companies to scale new heights and they will learn more about consumer behavior much quicker. They will then use this knowledge to apply and conquer new markets thanks to being forced to adapt early by their own domestic market.
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