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3 years ago

If Best Buy chose to compete by introducing online sales direct to the consumer, this would be an example of ______ change

Business

1 answer:

inna [77]3 years ago

4 0

Answer:

If Best Buy chose to compete by introducing online sales direct to the consumer, this would be an example of marketing change.

Explanation:

If Best Buy decided to change its conditions of sale to be able to compete with its adversary companies, that change would imply a marketing change, since it would modify the way in which the products are offered to the public.

Marketing changes are changes in the conditions of advertising and sale of products, through which they seek to renew sales through innovative supply systems, which capture the attention of consumers.

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In 1920, it was reported that there were 60 billion barrels of oil in the world oil reserves and we were using 6 billion barrels

Ipatiy [6.2K]

Answer:

Discovery of new oil reservoirs and technological developments on oil extraction.

Explanation:

The world has not run out of oil by two reasons. First, the discovery of new oil reservoirs and, second, the development of new technologies that increased extraction efficiency in a feasible way.

5 0

3 years ago

(a) What amount should be deposited in a fund at the end of each quarter at 7% compounded quarterly so that there will be enough

gizmo_the_mogwai [7]

Answer:

(a) The deposit should be <u>$168.06 </u>quarterly.

(a) The deposit should be <u>$145.32 </u>quarterly.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

An investor needs $11,000 in 19 years.

(a) What amount should be deposited in a fund at the end of each quarter at 7% compounded quarterly so that there will be enough money in the fund?

(b) Find the investors quarterly deposit if the money is deposited at 9.4% compounded quarterly.

The explanations to the answers are now given as follows:

(a) What amount should be deposited in a fund at the end of each quarter at 7% compounded quarterly so that there will be enough money in the fund?

Since the amount should be deposited in a fund at the end of each quarter, the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M * {[(1 + r)^n - 1] / r} ................................. (1)

Where,

FV = Future value of the amount needed in 19 years = $11,000

M = Quarterly deposit = ?

r = Quarterly interest rate = 7% / 4 = 0.07 / 4 = 0.0175

n = number of quarters the deposits will be made = 11 * 4 = 44

Substituting the values into equation (1) and solve for M, we have:

11,000 = M * {[(1 + 0.0175)^44 - 1] / 0.0175}

11,000 = M * 65.4531536741798

M = 11,000 / 65.4531536741798

M = $168.06

(b) Find the investors quarterly deposit if the money is deposited at 9.4% compounded quarterly.

We make use of equation (1) in part (a) as follows:

Where,

FV = Future value of the amount needed in 19 years = $11,000

M = Quarterly deposit = ?

r = Quarterly interest rate = 9.4% / 4 = 0.094 / 4 = 0.0235

n = number of quarters the deposits will be made = 11 * 4 = 44

Substituting the values into equation (1) and solve for M, we have:

11,000 = M * {[(1 + 0.0235)^44 - 1] / 0.0235}

11,000 = M * 75.6957891651599

M = 11,000 / 75.6957891651599

M = $145.32

7 0

3 years ago

Byron is a partner in the Dowdy Group. At the close of the current year, Byron's basis in the partnership is $34,000. At that ti

Kitty [74]

Answer:

$17,000

Explanation:

The partnership takes on/out the basis of contributed/ distributed property; cash is always consider basis as its face value.

The fair market value of property distributed is used to consider contributor’s gain/ loss only.

The basis in the partnership after distribution = current basis in partnership – cash distributed – basis of any other distribution

Thus Bryon’s basis in the partnership after the distribution = $34,000 - $8,000 = $17,000

6 0

3 years ago

Sally and Anne went to the movies. They each purchased a drink. They also bought one popcorn and one veggie cup to share. Each w

mojhsa [17]

Answer:

73.22

Explanation:

You first multiple 12 by 3.50 and 1.74

From there, you get:

9 + 1.34 + 12 + 42 + 20.88

After that, you just simply add all the variables together.

Hope this helped!

8 0

3 years ago

Read 2 more answers

Mary offered to sell Mike several pieces of rare Chinese art at a very good price because they were duplicates in her own collec

Alekssandra [29.7K]

Answer: She is not.

Explanation:

It would seem as though that Mary got into a type of contract known as an Option Contract or more precisely, a Call Option Contract simply called a Call.

In this type on contract, a seller gives a buyer the right to buy a good or service at a certain price within a set period.

Mary agreed to sell the rare Chinese Art for a certain amount which Mike could not pay but she promised to give him 3 weeks to take it within which he can pay and collect the item.

Mike returned in 2 weeks which was within the range of time allowed and so she should have kept the offer open for the time she said she would.

She is wrong to believe that all she owes him is his down payment. She broke a contract.

4 0

3 years ago