Answer:
Need to come up with a sustainable competitive advantage that draws in customers and produces a competitive edge over rivals.
Explanation:
The main objective of every company is to earn profits and grow in the market. But to attain that objective company needs to formulate and implement some business strategies which shall provide them the edge to success.
The management has the duty to run the company with the resources available and optimise them at their best.
To attain maximum profit the management shall formulate a strategy that shall provide the customers with maximum benefits with the product, and the business an extra edge to market share so that the competitors fall behind and the business gains maximum reach.
A monopoly is a market for a good or service that wants to take over another company.
a want is anything that you dont need but it is a nice luxury that you would like to have
Answer:
Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.
Explanation:
Answer:
$1.81
Explanation:
we must use a combination of non-constant growth formula and the Gordon growth model to determine the price for the stocks in year 0 and year 1:
stock price year 0 = ($2.40 / 1.15) + ($2.88 / 1.15²) + ($3.456 / 1.15³) +[$4.1472 / (15% - 4%)] / 1.15⁴ = $2.09 + $2.18 + $2.27 + $21.55 = $28.09
stock price year 1 = ($2.88 / 1.15) + ($3.456 / 1.15²) +[$4.1472 / (15% - 4%)] / 1.15³ = $2.50 + $2.61 + $24.79 = $29.90
capital gain between year 0 and year 1 = P1 - P0 = $29.90 - $28.09 = $1.81
*All answers have been rounded to the nearest cent.
