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Semmy [17]
3 years ago
5

Around the world, consumers are showing a robust appetite for the sharing-based economy. The presence of a few dominant companie

s in an industry makes it more difficult for entrepreneurs to start a business in that sector. Most Americans use their mobile devices for getting directions or listening to music rather than making purchases. Global trade has helped lift hundreds of millions of Chinese out of poverty. The United States was the most competitive economy in 2017.
Business
1 answer:
Crazy boy [7]3 years ago
8 0

Answer:

In recent decades the use of modern technologies such as the internet has changed the way it is consumed. Buy second-hand clothes, lend your own home, access entertainment content, obtain financing, share a meal, etc. This is collaborative economy or collaborative consumption

Explanation:

This collaborative economy is currently growing between 15% and 17% per year. For example, Uber, the digital application that connects passengers with drivers, in just five years is already worth approximately 68 billion dollars and operates in almost 132 countries. However, the success of this collaborative economy model poses a challenge to traditional companies. For example, in Europe, Uber has collided head-on against the taxi union, which accuses them of unfair competition.

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The present value of $40,000 to be received in two years, at 12% compounded annually, is (rounded to nearest dollar)
ratelena [41]

Answer:

c. $31,888

Explanation:

The formula for calculating the present value is as below

Pv = FV x {  1/ (1+ r)^n }

Pv = $40,000 x { 1/ (1 +0.12)^2

Pv =$40,000 x (1/1.2544)

Pv =$40,000 x 0.7971938

Pv =$31,887.50

6 0
2 years ago
Do you think that setting business objectives for S and S blooms will make sure that the business is successful?Justify your ans
notsponge [240]

Improved Leadership will make sure that the business is successful.

Companies set goals and goals that help them make decisions. This allows the company to determine the main focus. Intentions and goals also indicate the direction the company wants to take, as well as key stakeholders such as investors and employees. This makes them more likely to support new projects.

Improved Leadership

With clear goals, organizational leaders can plan and direct new sales teams to see what they are working on. This kind of clarity also helps improve communication within the team, as everyone is on the same page.

“One thing that successful companies have in common is a strong interest in their customers,” said John Stephenson, marketing specialist at My GREExam Preparation. “They are creating a culture that focuses on customers and aligns processes, products, and services to the needs of their services.

Learn more about business objectives at

brainly.com/question/25754149

#SPJ1

8 0
2 years ago
Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu
Sergio039 [100]
Assuming that the amount of money he buys the car for + gas, maintenance, etc. costs outweighs the cost saved by biking or public transportation (if he's OK with doing those two), he should probably consider walking, biking, or using public transportation for those few years
5 0
3 years ago
Read 2 more answers
Use the In the News to answer three questions
Flauer [41]

Answer:

2%

2.5%

1.67%

Explanation:

The yield can be computed using the yield formula which coupon payment divided by price.

The coupon payment=face value*coupon rate

face value is $1000

coupon rate is 2%

coupon payment=2%*$1000=$20

when price is $1000:

yield =$20/$1000=2%

when price is $800

yield=$20/$800=2.5%

when price is $1,200

yield =$20/$1,200=1.67%

In essence ,the lower the price the higher the yield as lower amount is invested in order to receive the same amount of annual coupon of $20

3 0
2 years ago
Eugene agrees to finish painting Hazel’s house within two weeks of the time they agree to in the contract. A week in, Eugene rea
Yanka [14]

Answer:

Yes, Hazel needs to pay extra $700

Explanation:

As per pre-existing duty rule, a person is obligated to perform his duty at the consideration agreed upon initially. Any modification to the contract is void.

Exceptions to this rule:

  • As per new contract, if the person undertaking his duty hires another person to perform the work so as to complete it in time, then modifications are valid and enforceable.
  • Modifications are valid in case of unforeseen contingencies like war, recession, change in economic conditions and strikes.

In this case, Hazel agreed to pay $700 extra. Under pre-existing duty rule, she is not required to pay Eugene extra $700 but since Eugene took additional help exception to the rule applies and Hazel is obligated to pay $700 extra.

6 0
2 years ago
Read 2 more answers
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