<span>The process of earning your income is called earning a living. It may be because we need different things to live a comfortable life. For these, we need a income first. So by earning income, we are indirectly earning a (comfortable) living.</span>
Answer: d. All of the above.
Explanation: Budgeting is simply the activity of constructing a budget which in turn is defined as any amount of money or resources earmarked for a particular institution, activity or time-frame. An effective budget program is quite significant to both planning and controlling processes and is employed by managers and executives to plan, monitor and control various activities at every level of an organization or business creating better and tighter controls on an organization's costs, activities and communication.
Answer:B.
Maria has a bachelor’s degree in chemistry. She has recently applied for a graduate program in organic chemistry. She likes to reads articles related to organic chemistry and is a member of an online community of like-minded people.
Explanation:
Answer:
The value of x is 566.36
Explanation:
The value of x should be such that the present value of both Investments is the same when discounted at a rate of 11%. To calculate the present value, we use the following formula,
Present Value = CF 1 / (1+r) + CF 2 / (1+r)^2 + ... + CFn / (1+r)^n
Where,
- CF represents Cash flow
- r represents the discount rate
So, we equate both the present value of Investment A and B to calculate the value of x.
Present Value of A = Present Value of B
450/(1.11) + 650/(1.11)^2 + 850/(1.11)^3 = 850/(1.11) + x/(1.11)^2 + 450/(1.11)^3
1554.472661 = 765.7657658 + x/(1.11)^2 + 329.0361216
1554.472661 - 765.7657658 - 329.0361216 = x/(1.11)^2
459.6707736 * (1.11)^2 = x
x = 566.3603602 rounded off to 566.36
Answer:
The correct option is: (A) cost leadership, product differentiation, cost focus, focused differentiation.
Explanation:
According to Michael Porter, the generic strategies that explains the process by which a company pursues a competitive advantage across its chosen market scope.
The three generic strategies used to achieve above average performance and competitive advantage are cost leadership, product differentiation, and focus. The two variants of the focus strategy are cost focus and focused differentiation.
<u>Therefore, the four generic strategies are</u><u> </u><u>cost leadership, product differentiation, cost focus, focused differentiation.</u>
