If your job at the company is to improve existing products, you are probably using the development strategy.
<h3>What is the development strategy?</h3>
This is the term that is used to do with the actions that would involve the research and the identification of the strategic options in the business. It has to help in such a way that it would provide the resources that would help in the achievement of objectives.
Hence we can say that If your job at the company is to improve existing products, you are probably using the development strategy.
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United States business operations (i.e., product design) in an international area based on the local standard rather than U.S. standards is an example o decision based on <u>ethical</u> considerations.
Ethical decisions encourage belief and with it fairness, duty, and care for others. the ethical choice-making manner acknowledges these situations and requires reviewing all available options, getting rid of unethical perspectives, and deciding on a great moral opportunity. accurate decisions are each powerful and moral.
Ethical decision-making is primarily based on middle man or woman values like trustworthiness, admiration, obligation, fairness, being concerned, and desirable citizenship. Ethical decisions generate moral behaviors and provide a foundation for proper enterprise practices. As an instance, we might say it is ethically obligatory for dads and moms to take care of their youngsters, not best because it's far-right for them to do it, but also because it is inaccurate for them not to do it. The kids could suffer and die if their parents no longer take care of them.
The 5 ethical considerations consist of voluntary participation, knowledgeable consent, anonymity, confidentiality, the ability to harm, and effects of conversation.
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Answer:
Equivalent annual cost: -43,685.255
Explanation:
the EAC equivalent annual cost of the PTM of the present value of the machine at the given discount rate.
for the equivalent annual cost, first we must calculate the net present value
57,000 investment
+ present value of fuel and maintenance
+ present value of dismantling cost
fuel expense: 4,000 x 7.5 = 30,000
maintenance expense 400
total 30,400
C 30,400
time 8
rate 0.15
PV $136,414.5738
then the present value of a lump sum for the dismantling cost
Maturity 8,000.00
time 8.00
rate 0.15
PV 2,615.21
57,000 + 136,414.5738 + 2,615.21 = 196,029.7838
Now we calculate the PMT of an annuity of 8 year at 15% discount rate:
PV $196,029.78
time 8
rate 0.15
C $ 43,685.255
This will bethe equivalent annual cost.
Answer:
Yes the statement is truly correct.
Explanation:
The basis for determining whether to accept or reject risk while driving is highly dependent upon the experience level of the motorist. This is because the experienced motorist or driver knows how much space or speed is required to suppose overtake a vehicle. On the basis of his experience level, he can determine whether to accept or reject the risk of overtaking. In driving, experience counts a lot. The driver knows how much space is required to move between the vehicles, how much risk he can take to do this. All such depends upon how experienced the motorist is.
Answer: Between $9,690.1 and $10,309.9 monthly
Explanation:
To calculate confidence interval, we apply this formula:
M ± Z* (σ/√N)
Where M is sample mean; Z is the appropriate value given in the standard normal distribution table at various confidence levels. At 95% confidence level, Z is 1.96. σ population standard deviation; N is sample size.
We know that sample mean is 10,000; sample size is 40; population standard deviation is 1000. We substitute relevant values into the formula
=10,000 ± 1.96(1000/√40)
=10,000 ± 309.903
Note that 309.903 is referred to in statistics as the margin of error
Thus, the lower limit of 95% confidence interval of the population mean given these values is
10000 – 309.903= $9,690.097
Thus, the upper limit of 95% confidence interval of the population mean given these values is 10000 + 309.903= $10,309.903
Statistical interpretation of this result is that we are 95% confident that the average sales per sale person in the pharmaceutical company lies between $9,690.1 and $10,309.9 monthly.