Answer:
C) A firm's products are introduced into the market faster than its competitors' products.
Explanation:
Quick response refers to shorten the delivery time of products and services to meet the need of customers at the right moment. This is a way to survive the competition and increase the customer satisfaction. According to this, an example of competing on quick response wil be that a firm's products are introduced into the market faster than its competitors' products as the firm will be having a better delivery time than the competition which will allow it to put the goods first in the market which will give it an advantage by being first.
Answer:
$118.83 per month that Zach must save.
Explanation:
This is a future value annuity as we know the cruise will cost $16500 in 4 years time as estimated by Zach for the cruise.
Fv is the future value for the annuity which is $16500
we also have i the interest rate which is 3.99% monthly
n is the number of periods in which the monthly amount is saved 4 x 12 =48
now we will substitute to the following formula and solve for C the monthly payments that Zach saves for the cruise:
Fv =C [((1+i)^n -1)/ i] now we substitute
$16500 = C[((1+3.99%)^48 -1)/3.99%)] then solve for C
$16500/[(1+3.99%)^48 -1)/3.99%] = C
C = $118.83 that Zach must save per month for 4 years to afford the cruise.
Answer:
Devil's advocacy.
Explanation:
Devil's advocacy is defined as a person who pretends in a discussion. He/she pretends to be against an idea or plan many people support so as to make people discuss it in more detail. Here Rosana uses devil's advocacy on Henry by telling him to criticize the group's discussion.
The interest per year for $5,000 to become $9,110 after 30 years is 2.02% compounded continuously.
Answer:
Option b. A and B are conditionally independent given C2.
Explanation:
The conditional probability of an event is the probability that a given event will occur given that another event, say A has already occurred.
In a case where events A and B are independent (in this case, where the probability of A has no effect on the probability of B occurring), the conditional probability of an event B given that A has taken place is simply the probability of the event A.
If the two events are not independent, then the probability of an event occurs as an intersection of set A and B.
