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2 years ago

The transformation of an organization through the revitalization of the key ideas on which it is built is known as?

1 answer:

7 0

The transformation of an organization through the revitalization of the key ideas on which it is built is known as self renewal.

<h3>What is meant by self renewal in business?</h3>

The term has to do with the dimension that is seen in a business through the renewal of the key ideas of the particular business. This is the change and redefinitions of the concepts of the business and the ways that it is organized. It also has to do with the systems that would bring about innovations.

Hence we can say that The transformation of an organization through the revitalization of the key ideas on which it is built is known as self renewal.

Read more on transformation of organizations here: brainly.com/question/10783581

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Which accurately describes full-service brokers?

Margaret [11]

<u>Answer: </u>Option C provide advice to buying and selling stocks

<u>Explanation:</u>

A full service broker possesses a license to perform his job. He offers services such as advice, research and planning tips for the clients. Full service broker charges a commission which are generally high as they provide various services.

The service provided by full service broker is customized for the consumers based on their needs. If the client requires a stock broker or financial advisor they are assigned to them each individually. The investment plan and wealth management can be done through full service broker.

8 0

3 years ago

Which of the following is an example of the barter system?

nlexa [21]

Answer:

B. Taking a friend to lunch in return of a favor

Explanation:

Barter System is direct commodity/ service to commodity/service exchange , without using money as an intermediary exchange medium . It is also called C to C exchange .

Eg : Two farmers exchanging their wheat & rice , A teacher teaching grocers' child in exchange of groceries from him .

So : A. Simple Investment , C. Money Purchase , D. Money Denomination exchange - neither are examples of Barter System .

B . Paying off a friend's favour in exchange of a service (being service-service exchange) is a relatable example.

4 0

3 years ago

Martin Enterprises needs someone to supply it with 120,000 cartons of machine screws per year to support its manufacturing needs

ANEK [815]

Answer:

The Bid Price you should submit is $15.45

Explanation:

NPV = -795000 + 143000*(1-21%)/1.09^5-70000 + 70000/1.09^5 + ((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5)

=> -795000 + 143000*(1-21%)/1.09^5 - 70000 + 70000/1.09^5 +((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5) >=0

=>P = 15.446118865171

Therefore, The Bid Price you should submit is $15.45

6 0

3 years ago

Daniel Franco, a free-lance gaming consultant and blogger, needed a new gaming system for his business. After some lengthy revie

Law Incorporation [45]

Answer:

Explanation:

Issue: Will the court rule in support of Daniel’s argument that Nintendo breached the warranty based on reasonable expectation on the performance of an expensive system and statements made while selling the gaming system?

Rule: There is a creation of express warranty when a seller makes a description of the statement quality, condition or performance of goods sold. This warranty is created by the statement of facts and if the seller uses words to designate the value of the supposed goods, it will only be considered as an opinion that does not create any express warranty.

The customer’s reasonable expectation of the existence of the gaming system based on the price leads to implied warranty. The goods sold should be logically fit for the general purpose for which it is sold. It should be of proper quality to satisfy the implied warranty of merchantability and the goods should fit the particular purpose for which the buyer will use the goods to satisfy the implied warranty of fitness for a particular purpose.

Analysis: Here, the argument of Daniel that Nintendo’s description of the gaming system as “most reliable”, and “durable” asserted that the quality and performance of the gaming system will not stay because these words create general statements that are made as part of sale or seller’s opinion about the goods. These words would be considered as puffery and do not create any express warranty. The higher price of the gaming system would create an implied warranty about the performance of the system, but the switch failed only after the warranty period. When the seller has expressly stated the warranty period as one year, any defects that occur after the warranty period will not breach the implied warranty.

Moreover, the gaming system was reasonably fit for Daniel’s business purpose and worked well during the warranty period. Hence Daniel’s arguments will not stay in front of the court.

Conclusion: The court will not rule in favor of Daniel and Daniel will not be able to recover against Nintendo because no breach of warranty had occurred.

8 0

3 years ago

Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the c

grin007 [14]

Answer:

Windhoek Mines, Ltd.

The net present value of the proposed mining project is:

= ($232,950).

Explanation:

a) Data and Calculations:

Cost of new equipment and timbers = $500,000

Working capital required = $100,000

Annual net cash receipts = $120,000

Cost to construct new roads in three years = $40,000

Salvage value of equipment in four years = $65,000

Estimated useful life of mine = 4 years

Working capital released in four years = $100,000

Required rate of return = 20%

Cash Flows PV factor Present Value

Cost of new equipment and timbers $500,000 1 -$500,000

Working capital required 100,000 1 -100,000

Annual net cash receipts 120,000 2.589 310,680

Cost to construct new roads in 3 years 40,000 0.579 -23,160

Salvage value of equipment in 4 years 65,000 0.482 31,330

Working capital released in 4 years 100,000 0.482 48,200

Net present value ($232,950)

4 0

3 years ago