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Doss [256]
3 years ago
7

IKEA employees are inspired to work hard by an anecdote from their Swedish founder, Ingvar Kamprad, who told how he was berated

by his father for failing repeatedly to get out of bed to milk the cows on his family’s farm. In an essay he recounts how one day he got an alarm clock. "‘Now by jiminy, I’m going to start a new life,’ he determined, setting the alarm for twenty to six and removing the ‘off button.’" Ingvar Kamprad is an example of a ___________.
Business
1 answer:
MAVERICK [17]3 years ago
5 0

Answer:

Hero

Explanation:

Hero -

It refers to a person can be male as well as a female , who is admired for his or her noble and courageous activity , is referred to as a hero .

Many people makes the hero his or her ideal an tries to follow the lifestyle , character , behavior and nature , and tries to copy him .

Hence , from the given scenario of the question ,

The correct answer is hero .

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John sees that his company's quarterly sales and profits are significantly above projections and says, "That's great. Let's keep
bazaltina [42]

Answer:

The appropriate solution will be to "Evaluate performance".

Explanation:

  • The marketing planning phase involves evaluating a global marketplace to create a campaign enough for businesses to expand a marketplace as well as start competing with it.
  • It probably wants to series a type of promotional targets that reflect where another company has now become, where everything wants to have been, and how much it aims to get across the inside.
3 0
3 years ago
Which of the following statements about the segment margin is not true? In preparing a segmented income statement, the variable
Trava [24]

Answer: The segment margin is obtained by deducting the common fixed costs that have been allocated to a segment from that segment's contribution margin

Explanation:

Segment margin is referred to the net profit or the net loss that a particular segment of a business makes. Segment margin is used to know segments that are performing well.

It is also used to know the long-run profitability of a particular segment as it shows the margin that is available after the cost has been covered by a segment.

Based on the above illustration, the statement that isn't true will be "the segment margin is obtained by deducting the common fixed costs that have been allocated to a segment from that segment's contribution margin".

This is false as segment margin is gotten after the traceable fixed costs of a segment has been subtracted from the contribution margin of that particular segment.

8 0
3 years ago
Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
lara31 [8.8K]

Answer:

The maximum Southern Tours could pay to acquire the Holiday Vacations is the present is the value of the inflows to be generated from the target company.

The present of the target business is $519,799.59  

Explanation:

That amount is the maximum that should be paid for the target business,depending on negotiation skills of Southern Tours' management.

A  lower price could be bargained,which better makes the investment more profitable.

Find attached spreadsheet for detailed computations.

Download xlsx
6 0
3 years ago
How much money should be deposited annually in a bank account for five years if you wish to withdraw ​$5 comma 500 each year for
Zarrin [17]

Answer:

The initial deposit should be $ 25.46

Explanation:

The Annuity formula is

P=R [1−(1+i)^-n/i]⋅(1+i)

Where

P= Initial deposit

R=Regular Withdraw amount

i=Interest rate

n=Number of years/periods

After entering corresponding values in the formula we get $25.46

so P (which is our initial deposit)=25.46

6 0
3 years ago
Delish Foods sells jars of special spices used in Italian cooking. The variable cost is $2 per unit. Fixed costs are $9,000,000
Ymorist [56]

Answer:

$3.38 per unit

Explanation:

Total costs:

= Total fixed cost + Total variable cost

= $9,000,000 + (5,000,000 units × $2 per unit)

= $9,000,000 + $10,000,000

= $19,000,000

Target revenue:

= Total costs - Desired profit

= $19,000,000 - ($42,000,000 × 5%)

= $19,000,000 - $2,100,000

= $16,900,000

Sales price per unit = Target revenue ÷ Total units

                                = $16,900,000 ÷ 5,000,000

                                = $3.38 per unit

8 0
3 years ago
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