Answer: rivals announce their monthly profit margins in public.
Explanation:
Strategies are the actions or plans which are put in place by a company in order to have competitive edge over its rivals and also achieve the organization objectives.
Managers must modify their strategies when:
• changing circumstances affect performance and the desire to improve the current strategy.
• rivals make or adjust moves in the market due to the shifting needs of buyers.
• encountering stagnating market conditions and increasingly restrictive new customer acquisition opportunities.
• evidence is mounting that the current strategy is becoming less effective.
The last option isn't necessary in order to modify their strategies. Rivals announcing their monthly profit margins in public isn't enough reason for a company to alter its strategies.
Answer:
A home mortgage company creates a sales promotion with incentives for potential home buyers to take advantage of a particularly favourable interest rate.
Explanation:
Companies usually give numerous promotions to their valuable customers to increase the overall sales revenue. In the above scenario, if a home mortgage company creates a sales promotion which attracts customers to buy their product and take advantage of the favourable interest rate is an example of companies focusing on macroeconomic factors. Macroeconomic forces are important for any company to improve profits.
The cash<span> method accounts for revenue only when the money is received and for expenses only when the money is paid out. On the other hand, the </span>accrual<span> method accounts for revenue when it is earned and expenses goods and services when they are incurred. ... </span>Accrual<span> accounting is the most common method used by businesses.</span>
Answer:
$995,745
Explanation:
PV = $0
PMT = $500
I/YR = 6
P/YR = 12
N = 40 x 12 = 480
your retirement account be in 40 years will be $995,745
<span>Lotina deciding to apologize to her subordinate for the email that she sent that upset him is Lotina expressing consideration behavior. She recognized that she used a poor choice of words to express her idea and she let him know that not only was she sorry for that, but she would love an opportunity to sit down and discuss the ideas.</span>