Michael
is creating an atmosphere
in which his department members are so afraid of conflict and so
eager for harmony that their decision making becomes uncritical,
irrational, and dysfunctional. This psychological phenomenon is known
as groupthink.
Answer: Supply of T-shirts decreasing
Explanation:
If the supply of T-shirts decreases, the equilibrium quantity of t-shirts being supplied to the market will decrease as well. Assuming that demand stays the same, the leftward shift of the supply curve will intersect with the demand curve at a higher equilibrium price.
This is simply because as the t-shirts are in short supply, people will be willing to pay more to have them as they are not as widespread as before.
The present value of of $6,811 to be received in one year if the discount rate is 6.5 percent will be $6, 395.31.
What does Present Value mean?
A financial concept that calculates the current value of a future sum of money or stream of cash flows is present value. It's used to compare the relative worth of different amounts of money that aren't available at the same time. The inverse of future value. The sum of future investment returns discounted at a specified rate of return is calculated as the present value of money you expect from future income.
What is Financial concept?
Financial concepts are the fundamental principles and theories of finance, which provide guidance on how to assess and manage financial risks, return, and value. These concepts include the time value of money, diversification, risk-return trade-off, capital budgeting, and portfolio selection. Financial concepts are essential for making sound financial decisions and investments.
The procedure to find an present value:
Present Value = FV/ (1+i)^n
6,811/(1+0.065)^1
6, 395.31
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Answer:
Letter B is correct. Place Marketing.
Explanation:
In this scenario described in the question above, it can be said that the most appropriate marketing strategy used is place marketing.
In this marketing strategy, the main objective is to attract tourism, investors and companies to a specific region through the promotion of a specific place and its benefits and added value for the interested parties.
In the case of the Bompahiam state government, the main intention is to promote tourism in the region, so as a strategy they use the promotion of the qualities of the place such as its coral reefs, its efficient public transport system, the hospitality and easy communication of the places with tourists, etc., and promotes them through freelance writers to generate value for the place, conquer the strong image they want and consequently achieve the main objective, which is to attract tourists to the place.
Answer:
road bicycles would be categorized as <u>CASH COW</u> while hybrid bikes would fall into the <u>QUESTION MARK</u> category.
Explanation:
Cash cows are products that have a high market share but their markets are not growing very much. This products generate a lot of cash.
Question marks are products whose market is growing fastly, but the product itself doesn't have a high market share. This products have a great potential, but it is not certain that they will achieve it.