Answer:
Explanation:
My conclusion as a corporate social responsibility student is as follows: Students are willing to pay the additional tuition in the short-run since they believe that employing new technology (the means) will be justified by maintaining a better environment (the end).
Generating energy using wind is environment-friendly than using other non-renewable sources which could result in depletion of natural resource and environmental pollution. Therefore, an additional cost on the part of the students in terms of increased tuition fee is justified by the reduction in resource depletion and the preservation of environment in using wind energy.
Answer:
The answer is 6.151%
Explanation:
The weighted average cost of capital (WACC) of the project is also the internal rate of return (IRR). The IRR formula is calculated by equating the sum of the present value of future cash flow less the initial investment to zero.
Answer:
Explanation:
Productivity per unput dollar=Fees charged from clients/total cost to firm
There are 3 options:
1. Using current software:
Av time=40 min
Researcher's cost=$2 a min
Total cost=40*2=80
Productivity per dollar input=Fees charged from clients/total cost to firm= 400/80=$5
2.
Using company A's software
Av time=30min
Cost of reducing av time=$3.5
Researcher's cost=$2
Total =30*2+3.5=63.50
Productivity per dollar input=400/63.5=6.3
3.
Using company B's software
Av time = 28 min
Cost of reducing av time=$3.6
Researcher's cost=$2
Total cost=28*2+3.6=59.6
Productivity per dollar input=400/59.6=$6.71
Answer - Using company B's software
Answer:
ECONOMIES OF SCOPE
Explanation:
Economies of Scope concept implies producing different , but related products will reduce the per unit cost of production of the firm (relatively lesser than if the products would have been produced separately.
This happens because of backward & forward linkages in interrelated but different goods' inputs & outputs .
Ex : In this case, another byproduct - molasses has been produced of waste from sugar production, which could have otherwise been purchased input.
Economies of Production is cost reduction due to quantity & not variety production. Diseconomies of Scale & Diseconomies of Scope are their opposite phenomenas leading to cost rise . So , none of these 3 are apt.
Answer:
A. True
Explanation:
The strategy that is meant to ensure customer loyalty, communication and long term patronage is known as relationship marketing. This type of marketing tries to have an emotional connection and open communication with its customers so it can deliver goods and services that are suited to the customers needs.
Elodie's actions of meeting up with already existing customers and making sure they are satisfied by her service is consistent with relationship marketing.
Traditional marketing focused more on getting new customers for its products and services while ignoring already existing customers. It was soon found out that already existing customers were not to be ignored as they were important because of referrals they could give and continued patronage, that was when relationship marketing was formed.
By checking up and getting feedback from college professors who had already purchased her books and already using it, she was able to form a relationship with them which comprised of loyalty and commitment.
In future, when such college professors would want to purchase another set of books, they are likely to buy from Elodie's company.
