A business plan will help Frederick attract and persuade investors. A business plan is primarly used to explain the business to potential stakeholders like investors.
Solution:
Reducing hours would reduce demand for commercial revenue hours by 20%, from 138 hours to 110 hours. At that level, the total contribution would be:
110 hours x ($800 - $71.5) = $80,135 or $20,398 less than at present.
Raising the cost to $1,000 per hr for commercial clients would less demand by 30%. In March, the request had been for 138 hrs and a loss of 30% will also end up leaving 97 hrs of demand (138 hrs x 70 = 96.6 hrs).
Demand x Contribution per hour = Contribution 97 hours x ($1,000 - $71.50) = $90,064.5
Compare to present:
138 hours x ($800 - $71.50) = $100,533
The monthly contribution to fixed costs and income at $800 is greater by $10,469 than the contribution expected at $1,000. Therefore, the income will be higher if we retain the $800/hour price.
Answer:
competitive advantage.
Explanation:
Competitive advantage -
It refers to the strategy , by which a company is capable to generate the same or similar goods and services , in avery lower price or in a manner , which can not be copied by anyone , is referred to as a competitive advantage .
The strategy makes the company profitable and better than other companies , and have a upper hand over other companies .
And these companies give a tough competition to the other companies , by their goods and services .
Hence , from the given scenario of the question ,
The correct term is competitive advantage .
Traditional project management relies heavily on up-front planning and traditional project management requires that project scope and technology are predictable is true of the traditional project management approach concerning project scope and technology.
Task management is the method of main the paintings of a group to achieve all assignment dreams within the given constraints. This data is normally defined in venture documentation, created at the start of the development technique. The primary constraints are scope, time, and budget.
Challenge control can be described as the area of making use of particular methods and concepts to initiate, plan, execute and control the manner that new projects or adjustments are applied within an organization.
Learn more about project management here:brainly.com/question/16927451
#SPJ4
It is not encouraged to rely on estimates of the intercept when a person is making analysis because intercept is the mean of variable Y when all predictors have become zero.
<h3>What is economic analysis?</h3>
This is the term that is used to refer to the analysis that is done with the given data that has been established in a statistical test. The economic analysis helps to make the predictions that would be used to bring about new policies in government.
Economic analysis is not done with the the intercept because it would require all the other predictor variables to have zero value hence their impact cannot be seen.
Read more on economic analysis here: brainly.com/question/14300080
#SPJ1
