Answer:
$10
Explanation:
Steve achieved a producer surplus of $10, which is commensurate with the value of the 6-pack of beer he received from his neighbor. This means he practically sold the old surfboard for $10.
There is a hope and there is a business strategy that might yet save the store " book selling strategy relied upon investing in, and trusting, in staff "
Explanation:
Here is the example story of British indie bookstore owner:
In 2018 the days of the last big retail store in the United States seems to have been numbered. A decade of sales losses, traumatic lay-offs, 150 store closures, six CFOs and a 1 billion-dollar loss on its e-reader from Nook has left the company in the midst of an identity crisis.
In the recent decade, Daunt has emerged as an unexpected salvator for bookstores for large-scale businesses and is now accountable at Barnes&Noble for the rebirth of Waterston, the British retailer of about 300 branches. In a world where Amazon offer unspeakable convenience and costs, large book retailers can prosper only if they behave more like independents. His plan for recovery is based on a simple assumption.
Investment and confidence is the foundation of Daunt's bookselling strategy. "The secret to successful employers is retaining them long-term, building up careers, training them businesses."
The staff at Daunt Books know what makes customers feel like they're in a readers ' culture. They follow those principles: never prescribe more than three books at a time, so that the consumer is not frustrated. Do not just hand out your own preferences when anyone asks for a recommendation. First of all, say, "What was the last good book that you read?"It is more likely to appreciate somebody who enjoys Tana's French mysteries than the next Thomas Pynchon.
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Answer:
Forward rate= Spot rate * (1+ US interest rate)/(1+Euro interest rate)
= 1.05*1.05/1.03
Forward rate= $1.0704/€
Explanation:
Answer:
25%, 5%, 1%
According to recent surveys regarding Big Data and its impacts, approximately 25 percent of information stored in organizations has real business value, while 5 percent must be kept as business records and about 1 percent is retained due to a litigation hold.
Explanation:
From the above answer, we find out that it is only ideal to keep a total of 31% of information or data in an organization.
The remaining 69% of information that is kept in a business or organisation can be easily removed with posing any threat to the organization or causing any legal problems.
Any information that has no important business, legal or regulatory value to the company should be removed. This helps the business to be productive and make it easier to abide by any rules or regulations from any regulatory body.
The higher the percent of data or information a company has , the higher the cost or amount of money required to keep an IT department functioning.
If there is a reduced amount of data in a company, the amount of money required to keep the IT department running would be greatly reduced and this money can be used by the organization to make important investments that can develop and benefit the organization.