Answer: The company is using the <em><u>comparative approach </u></em>to <u><em>evaluate the individual performances and thus seeking to develop some ranking of the individuals within a work group to identify the best performer.</em></u>
<u><em>Comparative approach concern with ranking an worker/individual performance with respect to that of others individual. </em></u>
Answer:
t = 18 93 years
Explanation:
Given Data;
Yield to maturity (r) = 0.0843/2 = 0.04215
Current market price = $781.50
Bond = 6.1%
Face value = $1,000
Pv = (%bond * fv/2) * (1-1/(1+r)^2t)/r+fv/(1+r)^2t
Where pv is the current value, fv is the face value, t is the time and r is the yield
Substituting into the formula, we have
781.50 = (0.06*1000/2) * (1-1/(1+0.04215)^2t) /0.04215+ 1000/(1+0.04215)^2t
781.50 = 30.5 * (1 - 0.96^2t) /04215 + 959.55^2t
781.50 = 1.22^2t /0.04215 + 959.55^2t
After simplifying further,
t = 18 93 years
Answer:
2. An available alternative design.
Explanation:
Product liability is the liability a manufacturer bears for putting a defective product in the hands of a consumer. Defective products are either those that are produced with functional inadequacy or liability can also be filed when sufficient information is not provided for safe use of the product.
In this scenario Ema files a product liability claim against clear call alleging design defects. The court may consider an alternative design in the bid to decide if clear call is liable in this lawsuit. The alternative can be given to Ema as replacement for the defective phone.
Answer:
To maximize revenue based on current capacity, The Stadium Manager should set Premium Price for tickets.
Explanation:
If your aim is to maximize revenue based on the capacity of the stadium, Premium Price is your surest best.
Premium pricing is a type of pricing which involves establishing a price higher than your competitors to achieve a premium positioning.
You will attract the right kind of customers and when you set a premium price, you have raised the bar of expectation from your customers.
This will push the stadium to upgrade their customer service, their operations and delivery.
If this method is carried out properly by establishing club memberships and other marketing incentives, you will retain these premium customers and maximize revenue.