Answer:
The correct answer is letter "D": control.
Explanation:
The control phase of the marketing planning process involves comparing the activities that the advertising team has developed with the expected set of actions established. This phase is important to identify if the firm as a whole is meeting the desired performance or if there are adjustments necessary to be made.
Answer:
PV of the stock today = $115.83
Explanation:
We will use the discounted cash flows approach to calculate the price of the stock today. This approach values the stock by accumulating the present value of all the expected future cash flows from the stock/asset.
As the preferred stock pays a constant dividend after equal intervals of time and for an indefinite period, it can also be treated as a perpetuity. Thus, the formula for the present value of perpetuity will be used to calculate the price of the stock at year 10 that we will discount back to today.
Present value of perpetuity = Cash flow / expected rate of return
PV of stock at Year 10 = 10 / 0.052
PV of stock at Year 10 = 192.3076923
The value of the today will be,
PV of the stock today = 192.3076923 / (1+0.052)^10
PV of the stock today = $115.83
Answer:
The answer is c. They can gauge their success in improving their own value-enhancing contributions to the firm
Answer:
less;
A person smoking in a restaurant emits second-hand smoke that harms other restaurant patrons. <em>b. Externality</em>
A single grocery store is the only source of food in a small town, giving the store the ability to influence the price of food. <em>a. Market power</em>
Explanation:
Property rights are usually imposed on individuals who are able to control the resources which are of public value. When the society gets affected by the practices of those individuals or entities, property rights made by a government or regulatory body come into the picture. Therefore, those individuals need to be regulated and incentivized by property rights, or they will be less likely to conform to the market needs.
These rights protect the market from <em>market failures</em>, which is their main purpose.
The most common types of market failures include <em>externalities </em>and <em>market power</em>. The first example is an externality as the unwanted smoke represents the cost (or benefit) which cannot be influenced by a specific party.
The other example is typical market power, as the monopolist (grocery store) can control the price of goods, which is an essential market determinant.