Answer:
a. Cost cutting may lead to the loss of desirable features
Explanation:
In the business market, sometimes there occurs a price war between the various companies regarding the same type product and each company reduces the price to as minimum as possible to take the cost leadership in the market. Some drawbacks that occur in such a strategy of companies are listed here -
- There is a tight control on the expenses during the manufacturing of products which often results in loss of desirable features in the products
- No new innovations are made as companies focus mainly of the current product
- The feedback of customers seem to be of no importance in such conditions
- This strategy promotes the lower quality products in the market
Maybe if your new job is extremely boring or affects you in some way. But you shouldn’t feel bad since money can get you through rent and taxes and so on
Answer:
The monthly payment is $2184.52
Explanation:
Given
Required
Firstly, the loan amount has to be calculated
The Question says; of the total amount spent, only 60% was borrowed;
So;
The monthly payment can then be calculated using the following formula
Where P = Loan Amount = 132,000
r = rate of payment = 5.95% = 0.0595
n = duration (in month)
n = 6 years
n = 6 * 12 months
n = 72 months;
Substitute the above parameters in the formula;
becomes
<em>Hence, the monthly payment is $2184.52</em>
Problem: Total of Leiff's online purchase
Given: $ 128 for video game
5.3% discount price of the video game
$4.75 shipping fee
15% promotion for more the $50 orders
Solution:
<span>Total = [(85% x 128 )+ (5.3% x 85% x 128) + 4.75]
</span>= 108.80 + 5.78 + 4.75
= <span>$119.32</span>
The answer to this question is "VALENCE" such as when the HR Manager told Jim that the company pays the total health insurance costs for a family of four and as a single man, this benefit did not seem especially important and significant to him right now. Here, then Jim is a low on the valence element of the expectancy theory.
