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Olegator [25]
3 years ago
15

Kristin is president of a corporation that operates a chain of clothing stores, and she faces the task of hiring a manager to re

place a man who retired from one of the stores. The former manager increased sales by 15 percent every year for the past five years. Kristin concludes that Roger Benson, a recent graduate of Wharton School of Business, will duplicate the former manager’s performance.
How do the following facts bear on Kristin’s argument?

a. The manager who retired was a graduate of Wharton.

b. The manager who retired liked tennis and drove a Jaguar, whereas Benson dislikes tennis and drives a BMW.

c. Unlike the manager who retired, Benson formerly managed a shoe store, where he increased sales 20 percent for each of the two years he was there.

d. A labor dispute has recently erupted in the store Benson will manage.

e. The manager who retired was an alcoholic, whereas Benson is a moderate drinker.

f. The government has approved a 10 percent increase in federal income taxes that takes effect at the beginning of the year.

g. Three additional stores owned by Kristin’s company are managed by recent Wharton graduates, and all three managers have increased sales by 18 percent for each of the past three years.

h. These three stores are located in the city’s three wealthiest suburbs.

i. The store Benson will manage is located in a neighborhood that has recently begun to decline.

j. Kristin changes her conclusion to state that Benson will increase sales by at least 10 percent for the first year.
Business
1 answer:
a_sh-v [17]3 years ago
6 0

Answer:

g. Three additional stores owned by Kristin’s company are managed by recent Wharton graduates, and all three managers have increased sales by 18 percent for each of the past three years.

Explanation:

Firstly, the former manager who retired increased sales by 15 percent every year for the past five years. Secondly, based on the performance of recent Wharton graduates, who were managers at three additional stores owned by Kristin's company and were able to perform better than this former manager who just retired by increasing sales by 18 for the past three years in their respective stores. Kristin can therefore conclude to higher Roger Benson to repeat the same stellar performance.

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Roman Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $40,000
Setler79 [48]

Answer:

$27,000

Explanation:

Budgeting is the process by which a business projects it's expenditures and revenues within a given period and plans to obtain funds to run the business on the basis of these projections.

In the given scenario Roman company have projected the cash reciepts and cash disbursement within the period.

They now need a particular loan amount to gain cash level of $45,000 at the end of the period.

Final cash balance = Opening balance + Cash receipts - Cash disbursement + Loan

$45,000 = $40,000 + $101,000 - $123,000 + Loan

45,000 = 18,000 + Loan

Loan = 45,000 - 18,000

Loan = $27,000

5 0
3 years ago
Fertility has been _____ in developed countries. Select one:
Alexxandr [17]

Answer:

The correct option is (b)

Explanation:

Fertility rate refers to the rate of children born per 1000 women. Fertility rate is declining in developing and developed countries as compared to under-developed countries due to many reasons such as increasing female literacy, awareness and availability of contraceptives, urbanization and lifestyle choices. This has contributed in curbing overall population growth.

6 0
3 years ago
Which category of environmental forces in international marketing would involve: Coors Brewery attempting to sell its beer in Ir
romanna [79]

Answer:

Competitive Forces

Explanation:

Competitive Forces are factors and variables that threaten a company's profitability and prevent it dominance on setting high prices and monopoly. The number and power of a company's competitive rivals and substitute products influences how the company makes profits.

Competitive Forces can be grouped into two which are;

Direct Forces: This determines how low the floor can go for a price competition

Indirect Forces: This places a cap on market's prices and profits

Coors Brewery attempting to sell its beer in Ireland competing against Guiness Beer... Or attempting to sell its beer in Australia competing against Fosters beer is an example of Competitive Forces because by attempting to sell its beer in either of Ireland or Australia to compete with Guiness Beer or Fosters Beer, there will be competition in the Industry, thus, the larger the number of equivalent product and services offered, the lesser the power of a company.

Suppliers and Buyers alike seeks for a company's competition and see if they are able to offer better deals and lower prices.

If Coors Brewery is able to offer better deals or lower prices In Ireland or Australia as against Guiness or Fosters Beer, there will be competitive rivalry as they will become a direct force competition that will determine how low the price of beer will go in the two countries respectively

3 0
3 years ago
Read 2 more answers
Find the present value of $19,000 in 11 months at 5.1% interest
dem82 [27]

Answer:

$19,886.396

Explanation:

Given :

Interest rate = 5.1% = 5.1

Principal = $19000

Period = 11 months = (11/12)year

The present value of 19000 in 11 months at 5.1% interest Can be obtained using the relation:

PV = P(1 + r)^n

PV = 19000(1 + 0.051)^(11/12)

PV = 19000(1.051)^(11/12)

PV = 19000 * 1.0466524

PV = 19886.396

Hence, the present value is $19,886.396

5 0
3 years ago
The writing for a proposal should
Softa [21]

Answer:

I think for this would most likely have to be C

Explanation:

I'd have to say that since if you were to keep calling people out for it it sorta defeats the purpose? something like that-

4 0
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