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IRISSAK [1]
3 years ago
14

Quitman Enterprises sells its business language dictionary to college students throughout the United States. Joseph Quitman, the

owner, wants to start selling the book to international students abroad. Quitman wants to pursue a ________ growth strategy.
A. diversificationB. product developmentC. product proliferationD. market penetrationE. market development
Business
1 answer:
padilas [110]3 years ago
7 0

Answer:

The answer is: E) Market development strategy

Explanation:

A market development strategy involves selling your current products in new markets.

In this case, Quitman Enterprises will sell their language dictionary (current product) to international students abroad (new market).

They will seek to expand their potential market through new users of the same product.

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CSM Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $375,00
Shtirlitz [24]

Answer:

the company should buy and install the press because the NPV of the project is positive ($73,133.75)

Explanation:

the MACRS 5 year depreciation:

  1. $375,000 x 20% = $75,000
  2. $375,000 x 32% = $120,000
  3. $375,000 x 19.2% = $72,000
  4. $375,000 x 11.52% = $43,200
  5. $19,800, since salvage value at year 5 is $45,000
  6. $0 x 5.76% = $0

salvage value $45,000

total initial investment = $375,000, discount rate = 11%

  1. cash flow year 1 = {($142,000 - $15,000 - $75,000) x (1 - 34%)} + $75,000 = $109,320
  2. cash flow year 2 = {($142,000 - $2,000 - $120,000) x (1 - 34%)} + $120,000 = $133,200
  3. cash flow year 3 = {($142,000 - $2,000 - $72,000) x (1 - 34%)} + $72,000 = $116,880
  4. cash flow year 4 = {($142,000 - $2,000 - $43,200) x (1 - 34%)} + $43,200 = $107,088
  5. cash flow year 5 = {($142,000 - $2,000 - $19,800) x (1 - 34%)} + $19,800 + $45,000 = $144,132

the NPV of the project = -$375,000 + $109,320/1.11 + $133,200/1.11² + $116,880/1.11³ + $107,088/1.11⁴ + $144,132/1.11⁵ = $73,133.75

4 0
3 years ago
According to OSHA standards, a competent person is defined as one who is capable of identifying existing and predictable hazards
Olin [163]

Answer:

True

Explanation:

OSHA standards are health and safety rules that an employer must put in place to ensure the safety of employees and reduce hazards in the workplace.

Different standards are applicable to different industries like the construction , maritime and other industries.

A competent person , according to the standard is one who is capable of identifying existing and predictable hazards in the surroundings , or working conditions which are unsanitary , hazardous or dangerous to employees and who has authorization to take prompt corrective measures to eliminate them.

6 0
3 years ago
Gary has been running a small supermarket for many years. He sells different types of perishables as well as seasonal products.
s2008m [1.1K]

Answer:

Sell two to three food products together as a package to increase sales.

Explanation:

In most of the supermarkets, the concepts of the combo are used that means many supermarkets merge few products in one packet so than the company sales would be increased

Since in the question it is mentioned that Gary who runs a supermarket for many years. He deals in perishable and seasonal products

In order to cover the aspects of distribution, option B is correct as it is directly linked to the supermarket sales  

7 0
3 years ago
Girlcome 5324611502 <br>p:1234​
frutty [35]

Answer:

what are you saying you need girl or what

3 0
3 years ago
The town of Harmonia gives away all 500 tickets to its annual​ Founder's Day Free ConcertminusinminustheminusPark to local resid
Novosadov [1.4K]
sold 500 tickets therefore it is not economically efficient
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