Answer:
Structured analytic techniques (SATs) are the ways which coherent thought are analysed in a systematic and transparent way so as to share and be critiqued by others.
Intuition Assessment on the other hand, is the way a person reacts to his Intuition and chooses to act on them.
SATs are more useful when it comes to analytical or logical decisions while IA is useful in making in the spot decision based on gut feelings.
Answer:
Price elasticity of demand is greater for the Car
Explanation:
Price elasticity of Demand = (Q2 - Q1/Q1) ÷ (P2 - P1/P1)
For the car,
PED = (110 - 100/100) ÷ (10000-9900/10000)
= 0.1 ÷ 0.01
= 10
PED = (110 - 100/100) ÷ (1000-900/1000)
= 0.1 ÷ 0.1
= 1
Since 10 > 1, hence the PED of the Car is greater than that of vacation homes.
The main thing which superior performance allows a firm to do is:
- reinvest some of its profits in gaining more resources and thus grow.
<h3>What is Business Strategy?</h3>
This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.
With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.
Read more about business strategies here:
brainly.com/question/25686320
Answer:
December 21, 2016
DR Interest expense....................................................$10,889.33
CR Discount on notes payable.......................................................$10,889.33
Explanation:
The interest to be paid will be charged on the present value of the note in 2016.
Present value of $200,000 = 200,000 / ( 1 + 8%)^5
= 200,000/1.4693280768
= $136,116.64
Interest to be paid;
= 136,116.64 * 8%
= $10,889.33