Format war in business is defined as competition for market dominance between producers of a particular type of technology with closely related functions.
Aggressive marketing are strategies employed to gain and ensure survival in a new market.
A typical example an aggressive marketing in the format war is selling a software at a low price but a relatively high price for support service.
One of the advantages is that it helps a company jump -stand demand among competitions
Answer: a. He has an acquisition cost of $4,800 and a date of acquisition of March 15, 2007.
Explanation:
A Put amount gives the holder the right to sell underlying assets. As the Put was exercised, the customer would have to buy the underlying stock and the price they will pay for it is the strike price of the Put less the cost of the Put.
Options contracts come in 100s so;
Acquisition cost = (50 - 2) * 100
= 48 * 100
= $4,800.
The date of acquisition is the day the put was exercised.
The correct answer is letter "C": Interest rates tend rise during economic expansion and decline during recessions.
Explanation:
The expansion is the period of the economy that represents grow. Because of the prosperity atmosphere, people and businessmen request loans frequently pushing central banks and governmental entities to raise the interest rates to slow down the economy to prevent a recession. The recession itself is the period where the economy is contracted or reduced. In this case, the central banks and governmental entities decrease the interest rates to stimuli economy through loans and purchases.
If an employer does not offer a retirement plan, the employee can save up for his retirement by investing in an insurance company that offers such benefits. There are independent insurance companies in the market that provide such services for employees who are not granted with basic benefits. They can arrange for a person to pay insurance in a monthly, quarterly, or annual basis.
