Answer:
Explanation:
This is an Ordinary Annuity question. You can solve this using a financial calculator. I'm using (TI BA II Plus)
N; duration = 20
I/Y ; interest rate per year = 8.5%
PMT ; recurring annual payment = 70,000
FV; Future value = 0 (In solving annuities, use 0 if not given)
then CPT PV = ?
PV = 662,433.563
Therefore, your friend needs to have $662,433.56
Answer:
C. the identification of customers' wants and needs.
Explanation:
The role and the responsibilities of the operating manager are to review the day to day operations with respect to quantity, quality, design and other attributes of goods and services with a motive to satisfying the customer wants and needs.
In addition to it, it also focuses on the schedules i.e work scheduling, maintenance schedules, etc so that the work should be completed within the prescribed time.
Answer:
Quality assurance team, authorized factories and suppliers
Explanation:
H&M is a renowned fashion brand and it is expected to provide the best quality of products. As mentioned that H&M does not own the factories or the suppliers, then the firm will have to implement strict policies to ensure the quality of the product is maintained. Below are the measures that H&M can take to ensure only a high quality product comes out of the brand:
1. Quality assurance team: is the most needed and crucial department of H&M. This department needs to ensure the product entering and leaving with the name of H&M are able to maintain the standard of the brand. A hired team of professionals with strict instructions need to asses all the products and clear them if they pass the required tests of quality.
2. Authorized factories: ensuring that the makers of the product for H&M are reputable and are cleared by their own legal systems. In this manner the certainty of receiving a reliable quality and product.
3. Authorized Suppliers: having a trusted supplier assures the supply of a trusted product. Outsourcing the creation of its product, H&M needs to ensure that its suppliers can be trusted. Thus a thorough research into the suppliers need to be made to ensure the highest quality of products.
Answer:
$28,007,000
Explanation:
Number of rooms = 200
Daily operating expenses for one room = $20,000 + Cleaning fee
Daily operating expenses for one room = $20,000 + $5
= $20,005
One week period = 7 days
Daily operating expenses for 200 rooms = Daily operating expenses for
one room X Number of rooms
= $20,005 X 200
= $4,001,000
Operating expenses for one-week period = Daily operating expenses for
200 rooms X 7
= $4,001,000 X 7
= $28,007,000
Answer:
True
Explanation:
This is not <em>all </em>that they do, however. In addition to settling trade disputes between varying governments, they also bolster the free trade movement by organizing trading negotiations, assisting developing countries of the contemporary age by providing training and tech assistance (helping modernize), and they administer prior GATT agreements, which helps international trade by removing or decreasing the power of trade tariffs.
Have a good day, good luck on your quiz :)
~Battlefortroy