Answer: a non price position
Explanation: In simple words, it refers to a situation in which an organisation differentiates itself in the market on the basis of the quality of their product. The brand image of such organisations is so strong that customers do not care about the high prices they pay.
In the given case, Pool pak specializes their product by having best technologies and high quality.
Thus, we can conclude that the given case depicts non price posityion.
Answer:
E. Two- Step approach to direct marketing
Explanation:
The two step approach is a form of direct marketing that involves two steps or procedures. The first step is compose of designing to screen or qualifying potential buyers. While the second step is the responsibility of generating response. In this approach, multiple efforts/steps are used in generating responses. In this scenario, the first effort done by the company was using telemarketing to inform the potential buyers on their products. While the second effort was placing s website that contains a form in which buyers can use in purchasing products.
Answer:
The name for choosing one alternative from among several options is decision making.
Explanation:
Decision-making is the selection of best outcome among alternative courses of action. It involves the definition of problem, the identification of various alternatives, the identification of various outcomes, the evaluation of various outcomes based on pay-off and the selection of best outcome among alternative courses of action.
There are eight types of management in business. <span />
Answer:
$1.70
Explanation:
Given that,
Current stock price= $40
Strike price= $39
After a period of one month, two states will be achievable.
- First state
Stock price=$42
Option value= 42-39
=$3
- Second state
Stock price= $38
Option value= 0
Upmove size of first state is
U= 42/40 =1.05
Downmove size of the second state is
D=38/40=0.95
The values given for the upside probability is given as:
Rf= 0.08
t= 1/12
πu = 0.567
The downside probability is equal to:
= 1 - 0.567
= 0.433
Therefore, the present value of option is:
(0.567 × 3) + (0.43 × 0) / e^0.08 × 1/12
= 1.70
Thus, the value of a one-month European call option is $1.70
