Answer: Market Penetration Pricing.
Explanation:
MPP, Market Penetration Pricing is a where a company uses a strategy to attract customers to their product. Which also means lowing the price for customers to buy their products.
When lowing a price: This strategy is used to attract customers, they buy their product - then if they like it they will keep buying it even if the price is raised. This is a common strategy for tons of company brands.
Answer:
a. 105.
b. $2.
c. 30%.
Explanation:
a. How many shares of common stock will you own after the stock split?
Stock split is a policy applied by the board of directors of a company that consists in increasing the number of outstanding shares by delivering more shares to current shareholders. To find the new amount of shares, we simply multiply the original number of shares by the magnitude of the split, in this case 3/2:
b. What new cash dividend per share amount will result in the same total dividend income as you received before the stock split?
The first thing we should do is find the dividend income before the stock split:
Dividend Income = 210
Now, this income is divided by the new amount of shares, in order to find the new cash dividend per share:
(NCD = New Cash Dividend)
Therefore, the dividend that should be paid per share to maintain the same total dividend income is $2.
c. What stock dividend percentage could have accomplished the same end result as the 3-for-2 stock split?
To find this value, we must follow this formula:
Where:
SD= Stock Dividend (Percentage).
ND= New Dividend.
OD= Original Dividend.
We replace the values:
Therefore, the stock dividend percentage is 30%.
Answer: It provides a set of developmental experiences that managers must complete to be considered for top management positions.
Explanation:
Succession Planning which is also called Replacement Planning helps a company properly plan for the transitioning from the current leaders to Future Leaders when their time comes. In large Corporations it is usually the job of the Top Management including the Board of Directors.
Succession Planning identifies potential replacements whether they are in the company or outside it with the chief difference in treatment being that a potential leader identified inside the company will probably be groomed for it.
Succession Planning lists the criteria for a person to be considered for a top job and these include developmental experiences that a potential leader must have completed to enable them compete for the top job.
Succession planning is very important as it ensures continuity whilst giving employees hope that they will be more successful in a company in future.
Answer:
Interest per year = $600
Explanation:
Given:
Amount invested = $7,500
rate of interest = 8%
Find:
Interest per year
Computation:
Interest per year = Amount invested x rate of interest
Interest per year = $7,500 x 8 %
Interest per year = $600