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NeTakaya
3 years ago
9

Steve has decided to purchase a sponsorship package with the local baseball team because heis good friends with the marketing di

rector for the baseball team. This is an example of a business purchase decision based on:A) marketing objectivesB) internal objectivesC) personal objectivesD) societal objectives
Business
1 answer:
nikdorinn [45]3 years ago
7 0

Answer:

c. personal objectives

Explanation:

Business purchase decision based on personal objectives -

It refers to the practice of establishing the business or any project which is beneficial as being fruitful in personal relation , is referred to as personal objectives .

The method tends to divert to being able to fulfil his or her personal motto .

Hence , from the given scenario of the question ,

The correct answer is c. personal objectives .

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You just won the Powerball and are offered two payment options: 1) Receiving $80 million per year for 25 years beginning at next
laila [671]

Answer: $80 million per year for 25 years

Explanation:

The option you should choose is one that will guarantee you the highest present value.

This means that you need to discount the annual payment of $80 million per year for 25 years to find the present value. As you did not include a rate, we shall assume a rate of 8% for reference purposes.

The annual payment is an annuity so the present value can be calculated by:

Present value of annuity = Annuity payment * Present value interest factor, rate, no. of years

= 80,000,000 * Present value interest factor, 8%, 25 years

= 80,000,000 * 10.6748

= $‭853,984,000‬

<em>The present value of the annual payment is more than the present value of the $850 million received today so the Annual payment should be taken. </em>

7 0
3 years ago
According to John Kotter, which of the following actions will adversely influence refreezing efforts?A) the absence of a visionB
dedylja [7]

Answer:

D) declaring victory too soon

Explanation:

John Kotter in this theory of leadership explains the concept and importance of change. He basically believes that the company shall be currently functional.

By the term currently functional he means that the company shall be updated and working on with the current market trend. This means the company shall not be resistant to change and that the management shall take a note of it.

Further in the moving scenario there is no freezing point - the company shall constantly work on the new things which it can improve and excel.

Thus, final confirmation cannot be made soon as towards the change made.

6 0
3 years ago
Describe how Kabbage might evaluate the existence and completeness of an applicant’s revenue transactions.
elena55 [62]

Explanation:

Disruptive technology, new business ventures, and increased availability of data are quickly changing traditional financial reporting and assurance processes. As a result, prospective auditors not only need to understand fundamental auditing concepts, but also need to anticipate the influence that disruptive technology will have on the profession. The following case study provides a lens through which prospective auditors can view the coming changes to the profession by asking them to consider how the online lending company, Kabbage, is currently disrupting the lending industry for non-traditional and small businesses. Students contemplate several fundamental auditing concepts such as audit evidence, financial statement assertions, and analytical procedures while also acquiring insight into the effects that new and disruptive technology will have on the profession. The intention is to encourage students to embrace coming changes and become lifetime learners.

3 0
2 years ago
Phoenix Farm, a firm that sells farm products, gathers fresh food products in one place for its customers. Customers can buy egg
natali 33 [55]

Answer:

Retailer

Explanation:

When a producer directly sells the goods to customers, who directly consume the goods rather than further sale, then the producer or seller is termed as retailer.

Goods on retail simply means sales for direct consumption.

Here, Phoenix Farms produces fresh food products which are directly consumables and are sold directly rather than involving intermediaries thus, he is a <u>retailer</u>.

5 0
3 years ago
The Coase theorem states that A) the private sector will fail to produce the efficient amount of a public good because of the fr
Sonja [21]

Answer:

B

Explanation:

One of the problems in economics is the allocation of goods in the presence of externalities. When externalities are present allocation of goods in private market won't be efficient because private parties won't internalize them and would arrive to an inefficient outcome. For many years this was an argument in favor of government intervention.

However, Ronald Coase showed that assigning property rights of the externality to one of the private parties (no matter which one) would result in an efficient outcome. This is because  the parties with the property right would then internalize the cost. Then in the bargaining process private parties would reach an efficient outcome without the intervention of the government.

7 0
3 years ago
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