Answer: The effective annual rate (EAR) is<u><em> the interest rate that would earn the same interest with annual compounding.</em></u>
The Effective Annual Rate (EAR) is know as the interest rate earned on a subject/asset or remunerated on a borrowing as a consequence of compounding interest over period of time.
The formula to compute effective annual rate is as follow:
![Effective Annual Rate = [1 + \frac{interest rate}{compounding periods}]^{time periods} - 1](https://tex.z-dn.net/?f=Effective%20Annual%20Rate%20%3D%20%5B1%20%2B%20%5Cfrac%7Binterest%20rate%7D%7Bcompounding%20periods%7D%5D%5E%7Btime%20periods%7D%20-%201)
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<u><em>∴ Option (c) is correct.</em></u>
Answer:
When the world price is $9.00 per barrel, imports are 10.25 million barrels per day.
Explanation:
This can be explained as following:
- At the domestic equilibrium, the quantity supplied and demanded were:
- When the world price is $9.00 (P=9), the domestic demanded and supplied quantity were:
- Demand: Qd = 15 - (1/4)x9 = 12.75 million
- Supply: Qs = -2 + (1/2)x9 = 2.5 million
When the domestic supply is 2.5 million barrels per day while the domestic demand is 12.75 million barrels per day, the domestic still lacks:
- 12.75 - 2.5 = 10.25 million barrels per day
So that they need to import 10.25 million barrels per day.
Answer:
(a) Information and intelligence management
Explanation:
Information and intelligence management :
The meaning of Intelligent Information Management is a lot of procedures and basic innovation arrangements that empower associations to deal with their information.
It alludes to how both content and information are overseen inside associations. Methodologies, techniques and instruments used to deal with information.
Answer: Related diversification
Explanation: Related diversification refers to a situation that occurs when the business takes on an expansion by offering new products in the markets which are very similar to the existing ones that the firm offers. In the given case Polaris manufactures and offers automobile products in the market and he have separate departments for other different supporting activities for the business, thus, we can conclude that Polaris is using related diversification.
Answer:
Small companies don't have middle management, so it is entirely appropriate for senior management to implement strategy and guide employees directly.
The purpose of management is nothing to do with power, but rather to create, plan and execute the vision and strategy of the organization through the workforce and technology.
Explanation:
