Answer:
a. Salary for the second year:
Salary is to increase by 4% in second year.
= 53,000 * (1 + 4%)
= $55,120
b. Third year salary:
Second year salary will increase by 5.5%
= 55,120 * (1 + 5.5%)
= $58,151.60
c. Fourth year salary:
Third year salary to increase by 11.1%
= 58,151.60 * (1 + 11.1%)
= $64,606.43
Answer: (C) Competitive intelligence
Explanation:
The competitive intelligence is one of the process of analyzing the various types of information that helps in learned abut the market, consumers and the competitors.
The main objective of the competitive intelligence is that it helps in support the various types of strategic decisions in an organization.
According to the given question, the competitive intelligence is helps in gathering the data for improving the ability of an organization in this competitive environment.
Therefore, Option (C) is correct answer.
The fact that Costco opened three new stores to serve its customers exemplifies the growth strategy.
<h3 /><h3>What is the growth strategy?</h3>
It corresponds to an organizational plan that defines courses of action with the objective of reaching new markets and consumers. Some growth strategies are related to increasing market share, increasing investments and including benefits in the goods offered.
Therefore, a growth strategy when well implemented helps a company to create more value for the consumer, attracting and retaining them, in addition to becoming more competitive and positioned in the market.
Find out more about growth strategy on:
brainly.com/question/14546783
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Answer:
Explanation:
Expected annual growth rate in dividends 7%
Dividend growth Model= Pv=Do(1+g)/Ke-g
present value = 1(1+7%) / 12%-7%
present value =1.07
/5%
present value =21.4
Expected annual growth rate in dividends 2%
Dividend growth Model= Pv=Do(1+g)/Ke-g
present value = 1(1+2%) / 12%-2%
present value =1.02
/10%
present value =20.4
Expected annual growth rate in dividends -1%
Dividend growth Model= Pv=Do(1+g)/Ke-g
present value = 1(1+(-1)%) / 12%-2%
present value =0.99/10%
present value =7.69
Cross price elasticity refers to the measure of responsiveness of the quantity demanded of a product to a change in price of another good.
From the question given above,
cross price elasticity = -20% / 10% = -2.
The cross price elasticity for the goods above is - 2. Which means that the goods are not substitutes.
A positive cross price elasticity which is greater than zero means that the goods are substitutes.
