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koban [17]
3 years ago
13

Tom tends to be ignorant about technological advancements. He was reluctant to own a smartphone even when they were well establi

shed and familiar in the market. However, Tom slowly got used to the idea of a smartphone when his job demanded him to be connected to the office network all the time. Tom is most likely to fall under which of the following categories of customers?(A) Early majority(B) Late majority(C) Laggards(D) Early adopters(E) Innovators
Business
1 answer:
zavuch27 [327]3 years ago
8 0

Answer:  Laggards

                       

Explanation: In simple words, laggards refers to the individuals that does slow progress and takes time to accept new ideas and changes and usually fall behind others regarding accepting something new.

In the given case, Tom was reluctant to use smartphones at first but when he was left with no option he finally decided to opt them. Hence we can conclude that Tom is a laggard.

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If gross pay increases by $500, total employee benefits increase by $200 and total job expenses decrease by $300, then total emp
madreJ [45]

Answer: D). increases by $1,000

Explanation:

4 0
4 years ago
The amount of cost cutting technical innovation introduced into a production process is a function of ?
GalinKa [24]

Answer:

It is a function of Technology

Explanation:

Cost cutting technological innovation is always seen as a new way of maximising profits in production and also minimising the overall cost of production.

This is possible through introduction of policies that take advantage of advancements in technology.

It entails the substitution of a less expensive alternative, developed for a given task, in an essentially unaltered product.

7 0
4 years ago
4. John Payer, owner of Payer's Garage, estimates he will need $55,000 for
densk [106]

Answer:

29365

Explanation:

Compound interest means that the interest you earn each year is added to your principal, so that the balance doesn't merely grow, it grows at an increasing rate, therefore John needs to put aside today $29.365 as a compound interest rate of 8% will yield as follows:

Year = Principal+interest=New Balance/Principal

Year 1: $29,365 + $2,396 = $31,761

Year 2: $31,761 + $2,591 = $34,352

Year 3: $34,352 + $2,803 = $37,156

Year 4: $37,156 + $3,031 = $40,188

Year 5: $40,188 + $3,279 = $43,467  

Year 6: $43,467 + $3,546 = $47,014

Year 7: $47,014 + $3,836 = $50,850

Year 8: $50,850 + $4,149 = $55,000

3 0
4 years ago
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance
Mama L [17]

Answer:

The monthly payment is $1,568.07  

Explanation:

The amount required to purchase the condominium is $287,500,however the amount of finance required is :$287,500-($287,500*25%)= $215,625.00  

The monthly mortgage payment required can be computed using the pmt formula in excel"

=pmt(rate,nper,-pv,fv)

rate is the payable on the mortgage on monthly basis which is 3.75%/12=0.003125

nper is the number of years of mortgage multiplied by 12 months since 12 monthly repayments are required in a year i.e 15*12=180

pv is the actual mortgage value is $215,625

fv is the future value of the mortgage and it is unknown

=pmt(0.003125 ,180,-215625,0)

pmt=$1,568.07  

6 0
3 years ago
Mr. Albanese turns to spending hundreds of millions of dollars for water management systems. These systems are to address more i
Veronika [31]
<span>The component of triple bottom line is Economic -- as enabling the business to run.
In the triple bottom line concept, economic refers to environmental policies that will affect Company's financial condition. In this particular case, spending money for water management sysyems will actually financially benefit Mr.albanesse because intense rains wont stunt his bbusiness operations</span>
4 0
4 years ago
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