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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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In each of the following scenarios, explain and categorize the cost of inflation.a) Because inflation has risen, the J.Crew clot
Kazeer [188]

Answer:

Consider the following explanation

Explanation:

a) J. Crew is issuing its catalogs monthly in response to inflation. This will incur cost and it is known as 'Menu Cost'.

b) Grandpa has bought annuity which has promised $10,000 a year for the rest of his life. However, higher than expected inflation means grandpa has lesser purchasing power. This is loss of purchasing power and also 'redistribution cost'. In higher inflation borrower tends to get benefit. Here insurance company is at the gain.

c) Maria is witnessing loss of purchasing power because of hyper inflation. In such scenario, cost keeps rising and product's price could be higher a few hours later. This was witnessed in Germany as well as in Zimbabwe. People run to the stores as soon as they get cash or salary. It is known as 'shoe leather cost'. People make frequent trips to banks or stores but do not keep cash in fear of losing value.

d) Gita actually earned only 5% on her portfolio but as her income is in taxable bracket so she has to pay 20% tax. Her income from portfolio not even compensated inflation. This is a redistribution cost and also known as fiscal drag. More people fall into bracket because higher nominal income but real income is neglected which makes people worse off.

e) Father thinks that son is earning far more than him but inflation over the period of time erodes purchasing power and it could be possible that current income might be lower, same or higher comparing to inflation data. However, if it is lower then it is obviously loss of purchasing power.

5 0
3 years ago
McCann Publishing has a target capital structure of 35% debt and 65% equity. This year's capital budget is $850,000 and it wants
levacccp [35]

Answer: $952500

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Dividend = net income - (target equity ratio × total budget)

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Make N the subject of formula

Net income N = $952,500

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Not necessarily, but the chances of you getting the position are seriously impeded, even for small mistakes.
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    Without a strategy in marketing sales and activities it will be difficult to sustain sales and profits and all the tactics would be for nothing. Savvy companies realizes that a sales and marketing strategy is the next important one after overall business plan.

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