The 4 P's:
Price - cost of the product
Product - the type of good being sold
Place - how the product will get to the consumer (store, internet, etc)
Promotion - what marketing activities will be used to communicate the product (advertising, sales, etc)
Answer:
a. increasing job enrichment by establishing client relationships
Explanation:
The job enrichment is the technique for motivation which is given by the business organization with the view that the employee performs his best by giving him additional responsibilities so that the organization can achieve its targets in an efficient and effective manner.
The self -reinforcement is that technique for motivation in which the employee motivates himself so that he is able to work in the best manner.
The job rotation is that technique for motivation in which the employee assigned the two or more tasks in different rotations
Job specialization means that the person who has the interest will take that department. Example - marketing, finance, human resource
The job feedback is given by the employee regarding the salary package, working environment, benefits, etc
Hence, in the given situation the most appropriate option is a.
Answer: See explanation
Explanation:
Based on the information given in the question, we should note that while using the gross method, the revenue gotten from sales will be calculated by subtracting the rebate of 2% from the full invoice amount of $110,000. This will be:
= $110,000 - (2% × $110,000)
= $110,000 - (0.02 × $110,000)
= $110,000 - $2200
= $107800
Using the net method, the revenue gotten from sales will be calculated by subtracting the rebate of 6% from the full invoice amount of $110,000. This will be:
= $110,000 - (6% × $110,000)
= $110,000 - (0.06 × $110,000)
= $110,000 - $6600
= $103400
Answer:
PV = PMT [(1 - (1 / (1 + r)ⁿ)) / r]
Where:
PV = The present value of the annuity
PMT = The amount of each annuity payment
r = The interest rate
n = The number of periods over which payments are to be made
PV = PMT [(1 - (1 / (1 + r)ⁿ)) / r]
= 1000 [(1 - (1 / (1 + 0.0083)²⁴)) / 0.0083]
= 1000 [(1 - (1 / 1.2194)) / 0.0083]
= 1000 [(1 - 0.8201) / 0.0083]
= 1000 [0.1799 / 0.0083]
= 1000 * 21.6747
PV = $ 21,674.70
Explanation:
Since the annuity is compounded monthly
r = 10% / 12 = 0.83%
n = 24
