Much to the chagrin of established firms, one clear super trend is that products and services must get to market faster because "more competitors are offering targeted products."
This is because it has been observed that several start-ups firms offer similar products to what the established firms are had as a business idea. Not only that, but they also target the same group of consumers.
Therefore, to remain top of the game and beat the startups out of business, the established firms must ensure their business ideas are quickly turned into products or services and get to the market faster.
Otherwise, the startups will take over their business ideas and a huge part of their targeted consumers.
Hence, in this case, it is concluded that the established firms must be proactive if they want to remain above the rest of their competitors.
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Answer:
The firm will sell 600 units at $20
Explanation:
Giving the following information:
d = annual demand for a product in units
p = price per unit
d = 800 - 10p
p must be between $20 and $70.
Elastic demand
We have to calculate how many units the firm will sell at $20
d=800-10*p=800-10*20= 600 units
The correct answer to the question is (B) referent power.
Referent power refers to <u>a type of power that a person attains through his or her interpersonal relationship skills</u>.
Though personalized power seems like an answer it is actually not, it is a type of motive that a person has for power. Legitimate, reward, and coercive all stem from external sources, and thus they do not fit the description in the question.
Answer:
Since Interest Rate and Period is not given; we would assume the spring term begins in 4 months and
Explanation:
First we will require to use the compound interest formula.
It is not mentioned the compounding period in the question. However, many of the bank accounts today offer monthly compounding, and this will be used as the basis.
i=interest rate=7.62% p.a => 7.62/12=0.635% per month
FV=PV(1+i)^n
FV=future value = 2200
PV=present value, to be found
i=interest rate per compounding period (month)=0.00635
n=number of periods=4
2200=PV(1+0.00635)^4
PV=2200/(1.00635^4)
PV=$2144.99
In case interest is not compounded, we could apply the simple interest formula:
FV=PV(1+ni)
PV=2200/(1+4*0.00635)
PV=$2145.504
Answer:
$450 per ton.
Explanation:
The government has allowed to pollute 1600 ton of emission. The business has secured license from the government to run its business activities and drain the polluted waste in the sea. The total pollution allowed is 1600 tons and the cost of securing the license is $720,000. The cost per ton of emission would be $450.
