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Free_Kalibri [48]
3 years ago
7

TUMI brand briefcases are very expensive, high-end briefcases that are generally sold in specialty luggage shops. Which of the f

ollowing is the most promising target market for TUMI briefcases?a. police officers.
b. executives.
c. construction workers.
d. postal workers.
e. students.
Business
1 answer:
myrzilka [38]3 years ago
7 0

Answer:

B. Executives

Explanation:

Option E is wrong. Students do not need high-end briefcases for school or other tasks.

Option D is incorrect. Postal workers do not need any expensive briefcases to carry postal service and letters.

Option C is false. Construction workers cannot afford expensive briefcases.

Option A is not correct. Police officers have not necessary to have those briefcases.

Option B is correct. Executives often need high-end briefcases to keep essential things with them. They can also afford expensive bags.

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Answer:

C ) As demand increases,price increases

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Park Co. is considering an investment that requires immediate payment of $34,000 and provides expected cash inflows of $11,800 a
Galina-37 [17]

Answer:

NPV =  3,404.41

Explanation:

We will calculate the net present value doing:

<em>NPV =  present value of the cash flow   - investment</em>

Investment = 34,000

Now we need to discount each cash flow at the given rate.

<u>For that,</u> we will treat the cash flow as an annuity of 11,800 for 4 year at 10% rate:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 11800

time 4

rate 0.1

11800 \times \frac{1-(1+0.1)^{-4} }{0.1} = PV\\

PV $37,404.41

<em>NPV =  present value of the cash flow   - investment</em>

<em>NPV =       37,404.41 - 34,000 = 3,404.41</em>

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3 years ago
A vision states what a firm wants to accomplish; a mission states how a firm plans to accomplish this vision. A vision states th
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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.

5 0
3 years ago
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Answer:

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Therefore, the total compensation cost pertaining to the incentive stock option plan is $85.80 million.

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The correct answer to this question is "<span>conglomerate </span>." the term for the joining of two or more firms involved in different stages of producing the same good or service is <span>conglomerate </span>
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