Answer:
a-The present value of revenue in the first year is $61,085.92.
b-The total time it would take to pay for its price is 2.44 years of 29.33 months.
Explanation:
a-
Let the function of the revenue earned is given as
Here
- a and b are the limits of integral which are 0 and 1 respectively
- r is the rate of interest which is 5% or 0.05
- S(t) is the function of value which is
So the present value of revenue in the first year is $61,085.92.
b-
The time in which the machine pays for itself is given as
The present value is set equal to the value of machine which is given as
$160,000 so the equation becomes:
So the total time it would take to pay for its price is 2.44 years of 29.33 months.
Answer:
Explicit, explicit and implicit
Explanation:
The accounting cost is the cost that generally includes the payment related to the wages, rent, price of the products etc
While on the other hand, the economic cost is the cost that involves both type of cost i.e. explicit and implicit. The implicit cost is generally the opportunity cost
This is the answer but the same is not provided in the given options
Answer:
Cost per hire.
Explanation:
Gilbert, an HR manager at MaxNet Inc., hires 50 employees in five months. He used different sources of recruitment to recruit these employees. He wants to know which kind of source delivered the most new hires for the money. To answer that question, Herbert should determine the <u>Cost per hire</u>.
Cost per hire: It is a metric used by company to know the cost incurred in hiring per employee. It include all expense in recruiting employee, like travel cost, equipment cost, administrative expense, advertisement expense etc. Later comparing the cost per hire with the benefit per employee to the organization.
In the given case, If Herbert determine cost per hire of an organization help in knowing which kind of source of recruitment delivered the most new hires for the money.
Disruptive innovation s a development so fundamentally different and far reaching that it can create new professions, companies, or even entire industries while damaging or destroying others.
The process by which a smaller company—typically one with fewer resources—moves upwards and competes with more established, larger companies is known as disruptive innovation. Disruptive innovation, according to business theory, is innovation that establishes a new market and value network or enters a market from the bottom and eventually supplants long-established market-leading companies, goods, and alliances. An established market was disrupted by Netflix using a new business strategy and technology, a prime example of disruptive innovation. It began by providing a DVD rental by mail service and later introduced its online, paid movie streaming service.
Learn more about disruptive innovation here
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Answer:
e) Corporate Citizenship Moral Standard
Explanation:
Social responsibility is defined as the ethical framework that guides companies and individuals to give back to the environment in which they operate. It is a balance between pursuing economic benefits and protecting the ecosystem.
In this secanrio when the community started a protest because of the negative impact the factory would have, Meg's company promised to prevent and pay for any negative impact to the community. It also offers to build a community park to balance out the negative impact the factory might cause.
The moral used here is corporate citizenship moral standard. Where a company is ameliorating negative effect of its processes and also building a community park for the community