Answer: TREND WATCHING HELPS MARKETERS TO PREPARE AND PREVENT THE RECURRENCE OF NEGATIVE IMPACTS ON THE BUSINESS.
TREND WATCHING IS RELEVANT IN BUSINESS.
TO PREVENT AND PREPARE FOR POSSIBLE MARKET RISKS.
Explanation:Trend watch is a process through which an analysis is carried out to understand the existing situations in a business Environment and make adequate preparation or take steps aimed at controlling any possible risk .
Trend watch is very relevant as it prevents a business entity from losses and it helps Businesses to prepare for and control possible risks,most Marketing Organisations usually do trend watching in order to improve overall performance and profits.
Answer: 1) Planting trees around him 2) Using bio and solar powered appliances
Explanation:
They are many ways to conserve the environment. Conserving the environment helps the earth and nature to grow better. Amongst all Ryan would have learnt from the training, here are some things he would do when he's back;
- Planting of trees; this helps preserve and purify the air around, reducing cabon monoxide as the plant takes it in, then gives oxygen.
- Use bio and solar powered appliances; fuel(petrol) has had a long run in the industry for energy, although it has it's advantages but it's disadvantages is more as it's the major contributor to the depreciation of the environment based on lots of toxic element it emits to the society
Answer:
$2,553,191
Explanation:
The formula to compute the break even point in dollars amount is presented below:
= (Fixed cost ) ÷ (Profit volume ratio)
where,
Fixed cost = $300,000
And the profit volume ratio would be
= (Contribution margin) ÷ (Sales) × 100
We assume the sales be 100%
So, the variable cost is
= 88.25%
And, the contribution margin is
= 100 - 88.25
= 11.75%
So, the break even sales would be
= $300,000 ÷ 11.75%
= $2,553,191
Answer: 3%
Explanation:
To calculate the real interest rate, it should be noted that the inflation rate is needed and this can be calculated using the consumer price index as:
= [(126-120)/120] × 100
= 6/120 × 100
= 5%
Real interest rate will now be:
= Nominal Rate - Inflation Rate
= 8% - 5%
= 3%
