P=present value
F=future value=500
n=number of years=2
i=annual interest rate=3%
We have
F=P(1+i)^n
=>
P=F/(1+i)^n
=500/(1.03^2)
= 471.30 to the nearest cent
Answer:
A.)wage-earning employees receive pay based on the number of hours worked
Explanation:
Answer:
<u>A vision states what a firm wants to accomplish; a mission states how a firm plans to accomplish this vision.</u>
Explanation:
Defining a company's vision and mission is extremely important for its strategic planning, as its premises will serve as a guide to assist managers in the decision-making process.
The mission corresponds to the company's raison d'être, the reason for its existence and what its purpose is. The vision corresponds to the aspirations, objectives and goals that the company intends to achieve in the future. So it is correct to say that A vision affirms what a company wants to accomplish; a mission states how a company plans to realize that vision.
Answer:
"Layoff"
Explanation:
According to my research on business terminology, I can say that based on the information provided within the question the word that Peter could best use when speaking with his employees would be "Layoff". This is a business term defined as a temporary suspension or permanent termination of employment of an employee, and is usually done for various employees at a time.
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Product differentation is when the same type product is being sold by different brands with the idea that it has the same effect as the original product. for example when you have Marie biscuits from bakers and Marie biscuits made by the supermarket. The idea is that it is the same biscuit but the quality is different
