Answer:
The forward is discount, which is -1.8%
Explanation:
The forward rate is the rate of interest that is applicable or applied to the financial transaction, which will happen in the near future.
The percent is computed as:
= (Spot rate / Forward rate) - 1
where
Spot rate is $1.60
Forward rate is $1.63
Putting the values above:
= ($1.60 / $1.63) - 1
= $0.9815 - 1
= -1.8 %
which is forward discount.
Answer:
This is an example of quality control
Explanation:
A production process usually involves the action of a variety of things that all perform specific functions towards a common goal, usually the production of a finished good or service. This therefor means that a type of management is needed to ensure that all these aspects are handled in such away that the set organizational needs are met. This can be broadly defined as management control. Management control involves the control and operation aspects of a production process to ensure that the organizational goals are met.
One aspect of management control that is very important in the production environment is quality control. Quality control involves the inspection of the production process and the products to determine the quality. The quality of the process and the products is usually measured against set organizational and production standards. This therefor means that if the process or the production quality falls below the standard, then the quality of the product can be said to be low while if the quality meet or surpass the standards then the quality is high.
Quality control helps companies identify areas that need to be improved, thus raising overall product value.
Answer:
d. Marketing Mix
Explanation:
<em>Target Market</em> is the group of people with specific problem and seeking a solution and ready to spend on it.
<em>Market Segment </em>is dividing a market into sub sets of consumers, businesses or countries who have common needs.
<em>Market Position </em>is organizing for a product by clear minds of target customer relative to competing products.
<em>Marketing Mix </em>is the combination of four P's: Product, Price, Promotion and Place.
Initial price, P₀ = $1.25
Initial demand, Q₀ = 30 million
New price, P₁ = $1.75
New demand, Q₁ = 35 million
By definition, price elasticity is
η = (5/65)/(0.5/3)
= 0.4615
Answer: η = 0.46 (nearest hundredth)
This means that greater demand makes it possible to increase the price. Usually, this is not the case because lowering the price increases sales.
