<h2>TJ Maxx wanted to minimize <u>brand cannibalization</u></h2>
Explanation:
A) microtargeting
: Micro targeting is basically a marketing strategy to identify the need of the people using "data-mining" technique. Normally used by politicians to get people interest during the time of election.
B) brand cannibalization
: It is the reduction of one product due to the release of another new product. TJ Maxx is interested more on people visiting more to shops than online.
C) retail mixing
: It constitutes of 6 “P's”. They are presentation, personnel, product, place, promotion, price.
D) retail channel omnification: Activities pertaining to the direct marketing are termed as retail channel omnification.
Answer:
8,478.76
Explanation:
This is a time value of money (TVM) question; an ordinary annuity.
Using a financial calculator, input the following to calculate the PV of the annuity;
Recurring quarterly payment = 600
Quarterly interest rate ; I = 6%/4 = 1.5%
Duration of annuity = 4*4 = 16
One time future cashflow; FV = 0
then compute a PV = $8478.76
Therefore, she must invest $8,478.76 today to meet the annuity payments
Answer:
r = 0.103555 or 10.3555% rounded off to 10.36%
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D1 / (r - g)
Where,
- D1 is dividend expected for the next period /year
- r is the required rate of return or cost of equity
Plugging in the values for D0, P0 and g in the formula, we can calculate r to be,
53.1 = 2.95 / (r - 0.048)
53.1 * (r - 0.048) = 2.95
53.1r - 2.5488 = 2.95
53.1r = 2.95+ 2.5488
r = 5.4988 / 53.1
r = 0.103555 or 10.3555% rounded off to 10.36%
Answer:
(B)
Explanation:
Europay, Mastercard , Visa (EMV) is a payment method based upon technical standard for smart card payments or ATMs that accept them.
These are smart cards (also referred to as chip cards) that are capable of storing large amount of information and also include a magnetic stripe at the back for backward compatibility.
Smart cards can serve as credit or ATM cards, fuel cards, mobile phone SIMs etc. Smart card chip can be loaded with funds and can be used for paying parking meters, vending machines or merchants.