Answer:
Data-driven decision-making
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
In this scenario, the practice supports data-driven decision-making because the researcher shared his or her results with members of the marketing team to see if they might have additional insights into the business problem
Answer:
Net present value of the project is closest to $15,542.00
Explanation:
The net present value of the project is the present value of cash inflows minus the initial investment.
The present value of the cash inflows is the yearly cash inflow of $133,000 multiplied by the annuity of 13% for 4 years i.e 2.974
Present value of inflows=2.974*$133,000=$ 395,542.00
initial investment is $380,000
Net present value=$ 395,542.00-$380,000.00=$15,542.00
This question is incomplete, I got the complete one from google as:
Output Total cost
0 5
1 10
2 12
3 15
4 24
5 40
If the market price is $16, this firm will a. produce 4 units of output in the short run and exit in the long run. b. produce 5 units of output in the short run and exit in the long run. c. shut down in the short run and exit in the long run. d. produce 5 units of output in the short run and face competition from new market entrants in the long run
Answer:
Option D is correct- If the market price is $16, this firm will produce 5 units of output in the short run and face competition from new market entrants in the long run.
Explanation:
The fixed cost is $5, this indicates that when the market price is $16, the marginal cost is also $16.
When the 5th unit is produced, the total revenue received will be $80 while the total cost will be $40. This indicates that there will be a positive economic profit which will bring new firms in the long run.
Hence, option D is the correct answer - If the market price is $16, this firm will produce 5 units of output in the short run and face competition from new market entrants in the long run.
The answer to this is “yes”. <span>This agreement or contract is called as the non compete clause and is usually
intended for people in job positions that may bring with them trade secrets or
start up a rival company which might steal business or technology. These
companies will make the employees sign agreements at the start of their job stating
that they will not work for a competing company for a number of years after
their employment is terminated. </span>