4 years ago

___competition is a competitive advantage based on factors other than price.

Business

1 answer:

Degger [83]4 years ago

5 0

The blank should have “nonprice competition” the answer is C.

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Which correlation coefficient would you use to look at the correlation between gender and time spent on the phone talking to you

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Answer:

Answer C

Explanation:

If one of the variables is measured on dichotomous nominal scale, such as gender and other is measured on interval or ratio scale, than we use point biserial correlation coefficient. It will measure our initial hypothesis that there is a connection between the time spent on the phone, talking to your mother with gender. Later, if we would want to conclude how strong is this connection, we would use regression analysis.

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Let's assume you are the beneficiary of your great Aunt's life insurance policy. Sadly she passed away yesterday. You elect to r

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Answer: The life insurance annuity payment is $50,926.10

Explanation:

GIVEN THE FOLLOWING ;

PRESENT VALUE(PV) = $500,000

INTEREST RATE (r) = 8% = 0.08

PERIOD (n) = 20 years

Recall, formula for ordinary annuity:

Annuity = (Rate × PV) ÷ ( 1 - (1 + r)^-n)

Annuity = (0.08 × $500,000) ÷ (1 - (1 + 0.08)^-n)

Annuity = ($40,000) ÷ (1 - (1.08)^-20)

Annuity = $40,000 ÷ 0.7854517925

Annuity = $50,926.10

Therefore, the life insurance annuity payment for 20 years at 8% interest rate will be $50,926.10

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Susan started a cake decorating business that failed. She is convinced that she lacked the necessary funds to promote her busine

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Undercapitalization is defined as the situation where a person or entity of any kind does not have sufficient funds or capital to run their business and pay the costs it has. This type of situation usually occurs when the business is not selling the necessary amount of products or services to generate the amount of income necessary to meet all the payments it has.

When an entity or business is undercapitalization, in many cases they have had to take measures such as downsizing, fewer materials to create the product, or ultimately, if none of this works, having to close the business.

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