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3 years ago

Why is bangladesh internationally competitive in textile and clothing manufacturer?

1 answer:

7 0

The answer is Low wage rate. Processing plants in Bangladesh, the world's second-driving clothing exporter after China, minimize expenses by paying article of clothing specialists the most minimal wages on the planet — the present least is 3,000 taka, about $38, a month. The wage board suggested on Monday that it be raised to 5,300 takas, about $68.

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What other inspiring realizations helped Andrew Feld come up with the idea for his startup? List and rank them in order accordin

soldier1979 [14.2K]

The other inspiring realizations that helped Andrew Feld to come up with the idea for his startup, Fresh Patch, were as follows:

Idea: His pet gave him some idea that he could build a patch bathroom to enable his dog to ease whenever nature comes calling. When he tried it out with the dog and saw the success, he engaged his need for income to start marketing the product to others.

Necessity: Since he was unemployed with a pregnant wife, he realized that he could do something with his time. This made him to try the bathroom for dogs idea that his pet needed. He needed some income to cater for his family.

A Big Vision: The other realization is that the first year could be tough and will-breaking. Then, he also realized that a big vision could be realized if one works hard at it.

Thus, these realizations greatly helped Andrew Feld for his startup, Fresh Patch.

Read more about inspiring ideas for business startups at brainly.com/question/11671311

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3 years ago

the weighted moving average forecasting model uses a weighting scheme to modify the effects of individual data points. this is i

solniwko [45]

The weighted transferring common forecasting version makes use of a weighting scheme to alter the results of person facts points. that is its primary gain over the easy transferring common version. the weighted transferring common forecasting version makes use of a weighting scheme to alter the results of person facts points. that is its primary gain over the easy transferring common version is true.

Forecasts produced the usage of exponential smoothing strategies are weighted averages of past observations, with the weights decaying exponentially due to the fact the observations get older. In one-of-a-kind words, the more ultra-modern the declaration the higher the associated weight.

Quantitative forecasts lease one or more mathematical models that rely upon historical information and/or casual variables to forecast demand. Qualitative forecasts include such factors due to the fact the choice maker's intuition, emotions, private experiences, and rate system.

Learn more about Quantitative forecasts here:
brainly.com/question/14683037

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7 0

1 year ago

Ben invested $20,000 into a money market account and took out $5,000 at the end of year 5. He found out at the end of 10 years t

Crazy boy [7]

Answer:

r = 11.5%

Explanation:

Given data:

invested amount $20,000

withrawl amount after 5 year is $5000

Amount at the end of 10th yr is $50,000

present value is given as

$PV =\frac{ A}{(1 + r)^n}$

where

A - amount after given n year

$PV = \frac{5000}{(1 + r)^5} + \frac{50000}{(1 + r)^{10}}$

$20,000 = \frac{5000}{(1 + r)^5} + \frac{50000}{(1 + r)^{10}}$

Let $(1 + r)^5 = t$

squaring on both side

$(1 + r)^{10} = t^2$

$20,000 = \frac{5000}{t} + \frac{50000}{t^2}$

$20 = \frac{5}{t} + \frac{50}{t^2}$

$20 t^2 - 5t - 50 = 0$

solving for t we get

t = 1.711

so, $r = 1.711^{1/5} -1 = 0.115 = 11.5\%$

5 0

3 years ago

The___ rate is the rate of change in prices calculated on a monthly or yearly basis

otez555 [7]

Answer: A.) INFLATION

Explanation: prices of goods and services are usually prone to change and fluctuation from time to time. The change usually associated with inflation is an increase in price of commodities within a certain period of time. In other to adequately measure inflation, the change in prices of certain economic commodities are compared over an equal time interval either monthly, quarterly or yearly basis as the case may be.

It is calculated as the ratio of the difference between the price of goods between the base and current period to the price at the base period expressed as a percentage. Fall or decline in prices of goods and services is usually called deflation

5 0

3 years ago

To project a trend that decreases rather than increases, use a step value of less than _______ for a linear trend.

Eddi Din [679]

Less than 0 for a linear trend, because the trend is no longer a trend but a FAD.

7 0

3 years ago