Answer:
The economic incentive was to produce enough to meet the output target, without regard for quality or cost.
Explanation:
As the only condition for the payment to the producers is linked with the output thus there is no constraint for the quality and the sales of the product. This indicated that the producer will get the reward irrespective whether the quality or cost of the product is feasible or not.
A business plan may be defined as a description not a proposed company that explains how it expects to achieve its marketing, financial, and operational goals.
<h3>
What is a business plan?</h3>
A business plan outlines a company's goals and how it intends to reach them in great detail. A written road map for the company's marketing, financial, and operational goals is provided in a business plan. Business plans are used by both new businesses and established ones.
An essential document aimed at both internal and external audiences is a business plan. For instance, before a business has developed a track record that can be relied upon, a business plan is used to entice investment. Obtaining loans from financial institutions can also be aided by it.
A business plan can also keep the executive team of a company focused on achieving set objectives and on the same page about strategic action items.
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I think the correct answer from the choices listed above is option B. One important likeness is that they always expect change. Millenials and gen xers always like change and are motivated by it. Hope this answers the question. Have a blessed day.
Answer:
23.275 years
Explanation:
Given:
Present value or the amount invested = $ 300,000
Rate = 6% compounded quarterly
i.e the rate of return quarterly will be = 6% / 4 = 1.5%
Quarterly payment = $ 6,000
Annuity = $ 0
Now,
Present value of annuity = Part payment × (
)
where,
n is the number of quarters
on substituting the values in the formula, we get
$ 300,000 = $ 6000 × (
)
or
50 × 0.015 = (
)
or
= 1 - 0.75
or
4 = 
taking log both the sides
we get
log 4 = n × log 1.015
or
0.602 = n × 0.0064
or
n = 93.101 quarters
or
n = 93.101 / 4 = 23.275 years
Answer: reduce; 2.67%
Explanation:
The original interest rate was:
= Annual Cashflow/ Present value
= 600 / 15,000
= 4%
The new interest rate is:
= 600 / 22,500
= 2.67%
We can see that the interest rate reduced from 4% to 2.67%.
This revision, which will <u>reduce</u> the interest rate earned on your deposited funds, will adjust your earned interest rate to 2.67%.
