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Korolek [52]
4 years ago
5

in the 21st century what trends in the environmental forces (social, economic, technological, competitive, and regulatory) (a) w

ork for and (b) work against success for Prince Sports in the tennis industry
Business
1 answer:
Elina [12.6K]4 years ago
3 0

Answer:

A) Social factor will work for Prince Sports as people are more enlightened not in 21st century

Economic will work for Prince Sports 21st century because manufacturing of sport facilities and equipments are easily produced and better now, infrastructure and development will help improve Prince Sports returns. Technological will work for Prince Sports because technology is simply an improved ways of doing things and with innovation in technology, Prince Sports would be able to solved the contradiction between racquet speed and sweet spot.

Competitive will work for Prince Sports this is because with an increased competition in the of tennis sporting goods companies, Prince Sports would be force to make their brand stand out by rebranding and doing more research on their products improvement.

Regulatory Because of the regulatory forces, the Prince Sports business is governed and everything follows rules and regulations, it has helped Prince Sport to abide by the international regulation laws and prevent the local market of tennis racquets to suffer due to the trade regulations on products.

B) Worked against:

Social: At this age of Social media, people easily give of false information deliberately or unintentionally that tends to misleads customers, which works against Prince Sports.

Competition can make prince sports dwindle of they do not opt their own business

Explanation:

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Answer:

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Explanation:

Present value is the sum of discounted cash flows

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Cash flow in year 0 - 2 = $150

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To find the PV using a financial calculator:

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2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

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