The Project Sponsor ensures, that for each investment, the following studies are ...
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $3,400
Interest rate (i)= 5% = 0.05
Number of years= ?
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>For example:</u>
n= 10 years
FV= 3,400*(1.05^10)
FV= $5,538.24
n= 8 years
FV= 3,400*(1.05^8)
FV= 5,023.35
Answer:
Favorable market condition
Explanation:
Favorable market conditions are business friendly environment that aids the start , growth and profitability of business.
Its major advantage is that it gives an edge over competitors and new entrants .
The major principles of identifying favorable market conditions are market definition , market size and growth rate , identifying and analyzing competitors , analyzing market channels and running a PEST analysis.
Answer:
Celebrities can push consumers to purchase things that will not work or can cause harm. It is especially unethical when a celebrity endorsement is used to override expert opinion. When a celebrity interjects his or her non-expert opinion, it had been not undermine the opinion of more qualified individuals.
As, People are proud of Celebrities.
A product endorsement creates a constant and ever-present advertisement in that whenever customers see the endorsing person, they remember his/her advertisement and the products. Also, product endorsement helps companies that use them to stand out from those who don't.