Answer:
6.218%
Explanation:
we can use the present value of an annuity due formula:
present value = annual payment x annuity due factor
- present value = 100
- annual payment = 7
- PV annuity due factor, %, 30 periods = ?
100 = 7 x annuity factor
annuity factor = 100 / 7 = 14.28571429 ≈ 14.286
using an annuity calculator, the interest rate for a PV annuity factor, 30 periods and equal to 14.286 is 6.218%
Answer:
Utility
Explanation:
Utility is the value or want-satisfying ability that is added to products by organizations that make the product more useful or accessible to consumers.
Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. Economic theories based on rational choice usually assume that consumers will strive to maximize their utility. The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service. In practice, a consumer's utility is impossible to measure and quantify. However, some economists believe that they can indirectly estimate what is the utility for an economic good or service by employing various models.
-establish and assure
-persuade and deliver
-improve and perfect
-discover and satisfy
-create and amplify
Answer:
discover and satisfy
Explanation:
Marketing is a process to attract customers by providing an offering that satisfies their needs and adds value to them in order to maintain long lasting relationships. According to this, the goal of marketing is to find what are the customers needs to be able to provide an offering that will add value to them and like that create a relationship.
Because of that, the answer is that the goal of marketing is to both discover and satisfy the needs of prospective customers.
Answer: Sustainable Procurement.
Explanation:
Sustainable Procurement involves making purchase in such a way that makes it easy for the product bought to be reproduced for sale, as corporate social responsibility is considered when making purchase. Starbucks is making use of sustainable purchase in their transactions with the coffee farmers.
Based on the scenario above, when this happens, the customer
is likely to be engaging or to have a traded down. The trading down is being
defined as having the quality of the product to be reduced in means of being
able for the price to be suited for its consumers.
