Answer:
1. Technology.
2. Social trends.
3. Economic shocks.
4. Political.
5. Nature of the workforce.
Explanation:
According to the amiable philosopher and mathematician, Alfred North Whitehead, "The art of progress is to preserve order amid change and to preserve change amid order."
The 5 specific forces acting as stimulant for change in an organization or business environment are;
1. Technology: it is a major external force, organizations should make use of new technologies, so as to maximize efficiency and increase productivity.
2. Social trends: social media changes can bring individuals together and influence their interests to share opinions, cultures perception and ideas.
3. Economic shocks: indices of gross domestic products such as unemployment, acquisitions, bankruptcy, recession impacts an organization.
4. Political: government policies, regulations and restrictions such as tax, minimum wage etc can cause a change in a firm. Companies should ensure they are operating at top notch in the competitive market.
5. Nature of the workforce: they should be able to adapt or respond to economic activities, such as demographic, immigration, multicultural society, etc.
Change agents in an organization are individuals acting as catalysts by assuming responsibilities for managing any of the aforementioned specific forces acting as stimulant for change.
Answer:
1. Using CAPM, the required return is;
Required return = risk free rate + beta * market risk premium
= 6% + 1.5 * 9%
= 19.5%
2. First find the portfolio beta which is a weighted average of the individual betas;
= (60% * 2.4) + (40% * 0.9)
= 1.8
Now use CAPM
= risk free rate + beta * (Market return - risk free rate)
= 4% + 1.8 * (13% - 4%)
= 20.2%
3.Geometric average can be calculated by;
=( ((1 + r1) * (1 + r2) * (1 + r3)) ^1/n) - 1
= (((1 + 6%) * (1 + 10%) * (1 - 6%)) ^ 1/3) - 1
= (1.09604^1/3) - 1
= 3.1%
Answer:
Aggregate demand (AD) refers to the total demand for goods and services in an economy in an economy at a given price level.
Components of Aggregate Demand (AD); Consumption (C), Investment (I), Government Spending (G) and Net Exports (X-M).
During the recession, the government can affect aggregate demand by increasing their fiscal expenditures and reduce taxation which is known as Fiscal policy.
Expansionary fiscal policy affects aggregate demand through an increase in government spending and a reduction in taxation. Those factors influence employment and increase household income, which then impacts consumer spending and investment
Fiscal policy determines government spending and tax rates. Expansionary fiscal policy, usually enacted in response to recessions or employment shocks, increases government spending in areas such as infrastructure, education, and unemployment benefits.
Explanation:
The answer is most like a Market Economy
Answer:
$627
Explanation:
To find the answer, we use the present value of an annuity formula:
![P = A[1-(1+i)^{-n} /i]](https://tex.z-dn.net/?f=P%20%3D%20A%5B1-%281%2Bi%29%5E%7B-n%7D%20%2Fi%5D)
Where:
- P = Present value of the investment
- A = Value of the annuiry
- i = interest rate
- n = number of compounding periods
Now, we plug the amounts into the formula:
![12,600 = A[1-(1+0.0465)^{-60} /0.0465\\]](https://tex.z-dn.net/?f=12%2C600%20%3D%20A%5B1-%281%2B0.0465%29%5E%7B-60%7D%20%2F0.0465%5C%5C%5D)
12,600 = A (20.09870355)
A = 12,600/20.09870355
A = 627
Thus, the value of the monthly payments is $627
