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Novosadov [1.4K]
2 years ago
6

At Parks and Helms Designers, a group of architects are developing the first drawings for a proposed multiuse office development

in an older section of a large city that is being revitalized. What type of work team is this group?
A. advice team
B. virtual team
C. production team
D. product team
E. project team
Business
1 answer:
Svetlanka [38]2 years ago
5 0

Answer:

The correct answer is (E)

Explanation:

Parks and helms designers have organised a project team, and it is a group where individuals work together to achieve a common goal. Such individuals usually have various capabilities and are held by the manager to exercises for a similar venture.  A manager can separate the group into sub-groups according to the needs of a project.  Generally, such groups are developed to finish a task in a limited time frame.

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Answer:

Results are below.

Explanation:

Giving the following information:

Inflation rate= 7%

Real rate of return= 10%

Present value (PV)= $10,000

Number of periods (n)= 10 years

<u>The real rate of return incorporates the effect of the inflation rate. Therefore, the nominal rate of return:</u>

Nominal rate of return= 0.1 + 0.07= 17%

<u>To calculate the Future Value, we need to use the following formula:</u>

FV= PV*(1 + i)^n

FV= 10,000*(1.17^10)

FV= $48,068.28

This is the n<u>ominal valu</u>e received after ten years.

<u>If Sally wants to determine the real value of the investment after 10 years, we must use the real rate of return:</u>

<u></u>

FV= 10,000*(1.1^10)

FV=$25,937.42

4 0
2 years ago
Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps bank
Mamont248 [21]

Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.

A) reduce the rate of customer defection

B) make low-profit customers more profitable

C) enhance the growth potential for each customer through cross-selling

D) increase the longevity of the customer relationship

E) focus disproportionate effort on high-value customers

Answer:

B) make low-profit customers more profitable

Explanation:

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.

The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.

3 0
3 years ago
Assume that Selling Division and Buying Division are both owned by Overall Corporation. Selling Division sells a product that is
Mariana [72]

Answer:

80

Explanation:

6 0
2 years ago
7. In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be
kramer
Gaining a profit from sold goods is helpful because the use of scarce resources is optimized. It also provide jobs. The bad side of being in a profit motive business is that some may be tempted to deal with customers . I think that a profit motive business is a good thing.
8 0
3 years ago
A change in the amount of sales can be due to either a change in the units sold or a change in price or both.
olga55 [171]

Answer:

true

Explanation:

The amount of sales variables (units sold and price) are correlated then a change in 1 will always alter the other.

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3 years ago
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