Answer:
The correct answer is letter "B": product extension.
Explanation:
In International Business, product extension refers to the approach by which a firm introduces its product or service across borders without shaping the product according to the profile of each consumer in each region. Product extension is implemented to expand the business operations of a firm in an attempt of finding new consumers in new markets, thus, generating more profit.
<em>Product extension is likely to work only if customers' preferences and necessities are the same in different countries.</em>
It can be inferred that Alexandria may exhibit the above traits because of her philosophy of always helping local businesses. This may come from the understanding that local businesses support and create more employment.
<h3>Why is employment important?</h3>
Employment is critical because it ensures that aggregate demand is constantly growing.
Without aggregate demand, there won't be supply and the economy collapses.
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Long-term disability insurance costs about 60% of income which is helpful as long-term disabilities last on average about 65 years.
<h3>What do you mean by insurance?</h3>
Insurance is referred to as a contract where an individual receives financial protection against the losses of an insurance company.
Long-term disability insurance costs approximately 60% of the income and premiums are not guaranteed and can be canceled by the employer.
Therefore, long-term disability insurance costs about 60% of income which is helpful as long-term disabilities last on average about 65 years.
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Answer:
APR= 23.91%
EAR= 8%
Explanation:
A stock was bought at $51.27 three months ago
The current share price is $55.36
Therefore the APR of the investment can be calculated as follows
= 55.36-51.27/51.27
= 4.09/51.27
= 0.0797
= 7.97%
APR= 3×7.97
= 23.91%
EAR= (1+0.079/3)^3-1
= 1+0.0263^3-1
= 1.026^3-1
= 0.08×100
= 8%
