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nadezda [96]
1 year ago
6

How might a business learn about a proposed process improvement through a prototyping activity? What is the fundamental purpose

of a prototype?
Business
1 answer:
anyanavicka [17]1 year ago
6 0

The fundamental purpose of a prototype is to help a company better understand its new product designs.

<h3 /><h3>What is prototyping?</h3>

It is the process of producing a sample of a product, which will serve as an initial representation that will later be produced on a large scale, helping to save time, costs and increasing learning about organizational projects.

Therefore, prototyping is a design process that helps an organization to gain more information to develop its business projects.

Find out more about prototyping here:

brainly.com/question/7509258

#SPJ1

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Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project
lisov135 [29]

Answer:

d. 13.31%

Explanation:

IRR is the rate at which NPV = 0    

IRR 13.31%    

Year                                      0            1              2                3

Cash flow stream               -1100.000    450.000   470.000    490.000

Discounting factor                    1.000       1.133        1.284         1.455

Discounted cash flows project  -1100.000 397.136 366.060 336.804

NPV = Sum of discounted cash flows    

NPV Project = 0.000    

Where    

Discounting factor = (1 + discount rate)^(Corresponding period in years)  

Discounted Cashflow = Cash flow stream/discounting factor  

IRR  = 13.31%

Therefore, The project's IRR is 13.31%

5 0
3 years ago
A new brand of peanut butter cookies includes Hershey's Kisses chocolates on top. Which of the following is this new brand using
astra-53 [7]

Answer:

B) brand alliance

Explanation:

Firms with a limited reputation sometimes form a brand alliance with a reputable firm so as to gain from the quality associated with the known brand

4 0
3 years ago
Alicia is interested in purchasing a set of ear buds to use with her laptop and smartphone. She visits best buy and notices that
alex41 [277]

She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the Informative effect of price.

<h3>Information effect of price.</h3>

Consumers tend to use the information about the price of a product to ascertain its Quality. The is basically because the perception of quality  is usually indicated by price.

Here, Alicia buying the beats brand even thogh it costs higher than the skullcandy model  shows that she is using the information effect of price making her to perceive the beats brand as having higher quality.

Learn more on Information effect of price: brainly.com/question/7930369

8 0
2 years ago
A software company that installs systems for inventory control using RFID technology spent $760,000 per year for the past 3 year
IgorC [24]

Answer:

$2,096,924.50

Explanation:

Present value of an investment and cash inflows is measured at present time means year 0. Gradient is also valued at present time.

$760,000 each year at 9% for next 3 years is annuity payment and its Present value can be calculated as follow

PV of Annuity = P + P x ( 1 - ( 1 + r )^-(n-1) / r

Where

P = $760,000

r = 9%

n = 3 years

Placing values in the formula

PV of Annuity = $760,000 + $760,000 x ( 1 - ( 1 + 9% )^-(3-1) / 9%

PV of Annuity = $760,000 + $760,000 x 1.759111  

PV of Annuity = $760,000 + $1,336,924.50  

PV of Annuity = $2,096,924.50

5 0
3 years ago
2. What is the relationship between the timing of your goals and the type
Brilliant_brown [7]

Answer:

There will be a positive relationship between the timing of goals and wants for commodities.

Explanation:

The timing of the goal is the most important thing when it is seen with the commodity that a person wants. For instance, if a person wants their own a house to live with their partner then the timing would be to set a goal to buy the house before marriage because after having marriage and kids, the goal to buy the house may be delayed. Thus, to achieve success in a goal a person must be in the constraint of time. Moreover, if a person has small wants then he should fix the time to get their goal in a short time period or vice versa. So there will be a positive relationship between the timing of goals and wants for commodities. Additionally, the goals of students will be different from the person who is married and have kids.

4 0
2 years ago
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