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timurjin [86]
3 years ago
15

Support functions manage and improve the efficiency of an organization's conversion processes so that more value is created.

Business
1 answer:
HACTEHA [7]3 years ago
3 0

Answer:

a) true

Explanation:

Support Function include Information Technology, Human Resources, Finance and Marketing. These are there to ensure that conversion process is efficient by providing support services such as sourcing of talent, fund management, communication.

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Karl opens a savings account with $2500. He deposits $1500 every year into the account that has a 0.75% interest rate, compounde
zhuklara [117]

Answer:

Total FV= $29,335.25

Explanation:

<u>First, we need to calculate the future value of the initial investment ($2,500) using the following formula:</u>

FV= PV*(1 + i)^n

PV= $2,500

i= 0.0075

n=10*12= 120 months

FV= 2,500*(1.0075^120)

FV= $6,128.39

<u>Now, the future value of the $1,500 annual deposit:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

We need to determine the effective annual rate:

Effective annual rate= (1.0075^12) - 1= 0.0938

FV= {1,500*[(1.0938^10) - 1]} / 0.0938

FV= $23,206.86

Total FV= $29,335.25

5 0
3 years ago
As a result of a decrease in the demand for U.S. dollars, there has been depreciation in the value of the U.S. dollar relative t
Lerok [7]

Answer:

Todd, an American, goes to visit South Korea for spring break - loser

Tood is a loser due to the depreciation of the U.S. dollar, because now he will need more dollars to buy a comparative amount of South Korean wons. His trip will now be more expensive.

An investment bank in South Korea, interested in purchasing U.S. government bonds - winner

The investment bank will exchange less wons for U.S. dollars than before. Buying the government bonds will now be cheaper for them.

Goodyear, a firm based in the United States, sells car tires in South Korea - winner

Goodyear will likely sell more cars because for its South Korean customers, the cars are now cheaper, since the value of the dollar has depreciated against the currency that they hold.

A family from South Korea visits relatives in the United States - winner

The South Korean family will exchange less wons for more U.S. dollars, making their trip cheaper.

A firm from South Korea sells handbags in the United States - loser

The handbags will now be more expensive for their American customers, likely causing a loss in sales revenue for the firm.

An electronics manufacturer in the United States, purchases a high tech company in South Korea - loser

The cost of the high tech South Korean company is now higher for the American manufacturer, because more dollars had to be exchanged for wons before the purchase.

Explanation:

8 0
3 years ago
Monetary policy refers to government actions that pursue what goal
Travka [436]

Explanation:

help me to find Xian pleaseee:( i miss him so much:(

sorry for answering Non sense po i hope u understand me ty po!

7 0
2 years ago
Emotional intelligence (ei) is critical to effective leadership because one of its core components is ________, which reflects t
Lorico [155]
The core component that is critical to effective leadership in the emotional intelligence is empathy. Empathy is where an individual engages understanding towards the feelings of others in which is considered critical as leaders will be more understanding and emotional when exposed to situations.
3 0
3 years ago
You are in the market for a new refrigerator for your company's lounge, and you have narrowed the search down to two models. The
allsm [11]

Answer:

The answer is:

We should pick the energy efficient model as its net present value the choice brings about is higher than the standard model.

Explanation:

We apply the net present value (NPV) methodology to evaluate which model to be picked up. The option that resulting in higher NPV should be chosen.

+ The standard model's NPV is equal to its price which is $(1,500) as it has no energy cost-saving during its life time.

+ The energy efficient model's NPV is equal to the sum of its selling price and the net present value of the energy cost-saving for 60 months ( 12 months per year x 5 years of useful life), $45 each month, discounting at opportunity cost of 6%; which is calculated as below:

-1,700 + (45/6%) * [1 - 1.06^(-60)] = $(972.74).

=> So, the energy efficient model should be chosen because its NPV is higher than the standard model (  $(972.74) > $(1,500) ).

3 0
3 years ago
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