All categories

3 years ago

As consumers, we have to make decisions because ?

1 answer:

4 0

Answer: As consumers, we have to make decisions because our wants are unlimited but our resources are limited. Since you have two of the same choices, I am assuming there is a typo and this is the choice that should be there.

Explanation:

As a consumer, there is so much that can be bought but financially most people can't afford everything. When buying an item, it is up the consumer to determine if they can afford the item or go without it. Sometimes, we buy the item even though we can't afford it and then regret the purchase. To satisfy a persons wants, a budget must be in place to be able to save money to purchase items.

You might be interested in

Cranium, Inc., purchases term papers from an overseas supplier under a continuous review system. The average demand for a popula

kykrilka [37]

Answer:

B) greater than $30 but less than $40

the actual result is $39

Explanation:

the options are missing:

A) less than or equal to $30

B) greater than $30 but less than $40

C) greater than $40 but less than $50

D) greater than $50

we must first calculate safety stock = (Z-score x √lead time x standard deviation of demand) + (Z-score x standard deviation of lead time x average demand)

Z-score for 98% confidence level = 2.326
standard deviation of demand = 30
√lead time = √5 = 2.23607
we are not given any standard deviation of lead time, so we can assume that it is 0

safety stock = (2.326 x √2.23607 x 30) + (2.326 x 0 x 300) = 156.03 ≈ 156 units

the annual holding cost of 156 units = 156 x $0.25 = $39

4 0

3 years ago

Knowledge management is most popular among businesses in

Bingel [31]

Knowledge management is the the way how knowledge is captured, organized, distributed and effectively used. It is a whole process of managing knowledge that is very important for the success of the business because it builds learning organizations by making learning routine, facilitates decision-making capabilities and stimulates cultural change and innovation. It should be part of every type of business. However, KM is mos popular among business in the business administration, management, health, information systems and services.

7 0

2 years ago

As a Marketing Manager of a Multinational Company Imran & Co., which will manufacture Detergent; draft a detailed Marketing

iragen [17]

Answer:

NZXCVJIGH80BGRG

Explanation:

4 0

2 years ago

You expect a share of EconNews.Com to sell for $65 a year from now. If you are willing to pay $65.74 for one share of the stock

iogann1982 [59]

Answer:

dividend payment = $6

Explanation:

given data

sell = $65

pay = $65.74

require a return = 8%

solution

we will use here present value formula that is express as

current stock price ( present value ) = $\frac{future\ value}{1 + rate}$ ........................1

$65.74 = $\frac{65+d}{1+0.08}$

here d is dividend

solve it we get

d = $6.00

so dividend payment = $6

6 0

2 years ago

Ben cartwright runs the wild west wax museum in carson city, nevada. the museum has been in business for 40 years and is a major

lawyer [7]

Solution and Explanation:

The implicit cost of capital

Implicit cost of capital is the opportunity cost of capital which is already incurred but not reported as a separate cost/expense, Implicit cost is the cost which results from using an existing asset instead of selling or renting it.

For example when a businessman uses his/her existing land which has implicit cost of say $1000 per month but bought it for say $100 many years ago, so $1000 is its implicit cost/current market rent per month which is equal to its oppo

5 0

3 years ago