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3 years ago

What is product positioning

Business

1 answer:

levacccp [35]3 years ago

8 0

Answer:

This is the form of marketing that presents your benefits of your product to a particular audience.

Explanation:

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As a manager at Johnson Electric, an armature motor manufacturer, Oliver is responsible for quality. As he carries out his contr

ryzh [129]

Answer:

Third step in control function is to take corrective action

Explanation:

Control function is one the important managerial functions where the manager compares actual performance with that of estimated by the management. In case of any deviation, the manager prepares the corrective course of action and communicates the same to the upper management.

The upper management keeps this feedback in mind while formulating goals and objectives in future. Here, Oliver compares actual performance based on number of defective parts set and takes corrective action if actual number of defective parts is more than estimated.

7 0

3 years ago

You plan to invest in bonds that pay 6.0%, compounded annually. If you invest $10,000 today, how many years will it take for you

kati45 [8]

Answer:

The answer is 16 years.

Explanation:

The formula for calculating the value of an investment that is compounded annually is given by:

$V(n)=(1+R)^nP$

Where:

$n$ is the number of years the investment is compounded,

$R$ is the annual interest rate,

$P$ is the principal investment.

We know the following:

$25000=(1+0.06)^n \times 10000$

And we want to clear the value n from the equation.

The problem can be resolved as follows.

First step: divide each member of the equation by $10,000$ :

$\frac{ 25000}{10000}=(1+0.06)^n \times \frac{ 10000}{10000}$

$2.5=(1.06)^n$

Second step: apply logarithms to both members of the equation:

$log(2.5)=log (1.06)^n$

Third step: apply the logarithmic property $logA^n=n.logA$ in the second member of the equation:

$log(2.5)=n.log (1.06)$

Fourth step: divide both members of the equation by $log1.06$

$\frac{log(2.50)}{log (1.06)} =n$

$n= 15.7252$

We can round up the number and conclude that it will take 16 years for $10,000 invested today in bonds that pay 6% interest compounded annually, to grow to $25,000.

6 0

3 years ago

Riggs Company purchases sails and produces sailboats. It currently produces 1,200 sailboats per year, operating at normal capaci

faltersainse [42]

Answer:

It is more convenient to produce the sails in house.

Explanation:

Giving the following information:

Riggs purchases sails at $ 250 each, but the company is considering using the excess capacity to manufacture the sails instead. The manufacturing cost per sail would be $ 100 for direct materials, $ 80 for direct labor, and $ 90 for overhead. The $ 90 overhead includes $ 78,000 of annual fixed overhead that is allocated using normal capacity.

Because there will not be an increase in fixed costs, we will not have them into account.

Variable overhead= 90 - (78,000/1,200)= 25

Unitary variable cost= 100 + 80 + 25= 205

It is more convenient to produce the sails in house.

8 0

3 years ago

Suppose your firm just issued a 20-year, $1000 par value bond with semiannual coupons. The coupon interest rate is 9%. The bonds

sergiy2304 [10]

Answer:

4.78%

Explanation:

From the question given, we solve the issue

the calculation of he bond price is:

Price of bond = per value * (1- flotation cost)

$1000 * (1- 0.05)

= $950

For the calculation of semi-annual coupon payments,

Semi -annual coupon payment = Par value * Interest/2

$1000 * 0.09/2 = $45

Calculation of semi- annual yield to maturity

Let recall the following

YTM = yield to maturity

C = The semi-annual coupon payment

FV= Face value or par value

PV= Price of a bond

n = Maturity years of the bond

Therefore,

YTM= C + FV - PV/n/ FV + PV/2

which is

$45 + $1000 - $950/40/$1000 + $950 / 2 = 4.78%

4 0

3 years ago

A firm produces two goods q1 and q2. for economies of scope to occur, it must be true that:

Oliga [24]

For economies of scope to occur it must be true that THE COST OF PRODUCING THE TWO GOODS TOGETHER IS LESS THAN THE COST OF PRODUCING THE GOODS SEPARATELY.
The economy of scope is the proportionate savings that is gained by producing two or more different goods together, when the cost of doing so is less than that of producing each separately.

5 0

3 years ago