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Delicious77 [7]
3 years ago
9

Trendown inc. has launched a plan to completely transition from a clothing retailer to a cosmetic brand by the end of the year.

it has 24 stores across the city, and the management sets a target to transition two stores by the end of each month. in this scenario, trendown inc.'s monthly target is an example of a _____.
Business
1 answer:
inn [45]3 years ago
4 0
This is an example of "proximal goal".

Proximal objectives are best characterized as here and now and are instrumental in accomplishing distal objectives in which are long haul. The proximal objectives are the giving wellsprings of extra data in regards to exhibitions that isn't uncovered with a distal objective. It is basic that proximal objectives are more sensible to achieve the fulfillment on account of the time hole in getting the objectives. For a complex task, it would not bode well to have distal objectives set up in light of the fact that it at that point would set aside a long span of opportunity to close outcomes in a snappy way.
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There is a 60 percent chance of low demand and a 40 percent chance of high demand. The corresponding (inverse) demand functions
Burka [1]

Answer:

<u><em>New houses build =200 </em></u>

<u><em>Profit =$13,860,000</em></u>

Explanation:

In this particular question there are 2 scenarios for demand function,

i.e. (a.)  60 percent chance of low demand, P_{60}  = 300,000-400Q

 (b.)  40 percent chance of high demand, P_{40}  = 500,000-275Q

∴ Expected demand function = 60%×(300000-400Q) + 40%×(500000-275Q)

= 380,000-350Q

P_{D} =380000-350Q

Revenue = (380000 - 350Q)×Q = 380000Q - 350Q^{2}

Here, the no. of new homes build will depend on maximizing profit

∵ Profit = Revenue - Cost

π = (380000 - 350Q)×Q - (140000+240000Q)

π = 380000Q - 350Q^{2} -  (140000+240000Q)

In order to maximize profit , we will

\frac{\delta P_{\pi}}{\delta Q} = 0

\frac{\delta P_{\pi}}{\delta Q} = 380000-350*2*Q-240000

∴ 380000-350×2×(Q-240000) =0

Q=200

<u>So number of houses that they should build =200 </u>

π = 380000Q - 350Q^{2} -  (140000+240000Q)

π = 380000-(350×200^{2}) - (140000+(240000*200))

π =$13,860,000

New houses to be build =200

Profit =$13,860,000

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3 years ago
Selecting a base year and expressing each amount as a percent of the base year amount is called:
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Which type of transaction refers to a flow of MONEY through the economy?A)Individuals spend money to purchase resources from fac
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B) Money is used to purchase goods and services in the product markets.

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