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skad [1K]
3 years ago
14

Personal Care Inc. recently introduced a new shampoo. Ron, the director of new product development, has just reviewed the dismal

results. Since it appears that his team adequately researched the product's acceptance by consumers prior to its introduction, he is confused by the outcome. But to keep his team open to innovation, Ron should __________.
Business
1 answer:
Natalka [10]3 years ago
6 0

Answer:

The correct answer is letter "D": foster an innovative culture and climate that permits experimentation, risk-taking, and failure.

Explanation:

In Ron's case, as the research conducted by his team seems to be correct, even if he does not feel sure about the new shampoo produced he should <em>promote an innovative culture among his subordinates</em>. While innovating, some companies may manufacture goods that do not provide any benefits to the company but it is most important to analyze why the project failed and what could have been done differently to provoke different results.

<em>Entities carry certain risks at the moment of starting operations and must not be discouraged by failure.</em>

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A 15-year, annual coupon bond is priced at $984.56. The bond has a $1,000 face value and a yield to maturity of 6.5 percent. Wha
Bess [88]

Answer:

6.35%

Explanation:

you can use the yield to maturity formula to determine the coupon:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

0.065 = {coupon + [(1,000 - 984.56) / 15]} / [(1,000 + 984.56) / 2]

0.065 = {coupon + 1.029} / 992.28

64.4982 = coupon + 1.029

coupon = 63.47

coupon rate = 63.47 / 1,000 = 0.06347 = 6.35%

3 0
3 years ago
Using the information below, compute the raw materials inventory turnover:
fredd [130]

Answer:

The raw material inventory turnover is 9.2 times or 40 days

Explanation:

This problem requires us to compute raw material inventory turnover. The inventory turnover ratio is calculated by dividing the inventory used for a period by the average inventory for that period. Average inventory is used instead of ending inventory because many companies' merchandise fluctuates greatly throughout the year.

So RM inventory turnover = RM used/Average inventory

                                            = 104,600/11,350*

                                            = 9.2 times or 40 days**

* Average inventory = (9,900+ 12,800)/2

** (365/9.2) = 40 days

5 0
3 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
klemol [59]

Answer:

A) EOQ = 208.56 units

B) Average inventory = 104.28 units

C) Optimum number of order = 28.76 times

Explanation:

Economic order quantity is the order quantity that minimizes the balance of ordering and carrying cost.

Economic order quantity = √2× 29× 6,000/8=208.56 units

Average inventory = Minimum stock level +  Order quantity/2

minimum stock level is not given , hence

Average inventory = 208.56/2 = 104.28 units

Optimum number of order

Optimum number of order = Demand / order quantity

= 6000/208.56= 28.76 times.

EOQ = 208.56 units

B) Average inventory = 104.28 units

C) Optimum number of order = 28.76 times

3 0
4 years ago
A consumer's demand curve for a product is downsloping because:_________.a. total utility falls below marginal utility as more o
lesantik [10]

Answer:

c. marginal utility diminishes as more of a product is consumed.

Explanation:

The law of diminishing marginal utility states that when a person consumes more and more units, the marginal utility of extra units diminishes as additional units are obtained from the marginal utility.  

Moreover, the graph of this diminished marginal utility that results in the consumer demand curve for a product goes downward sloping.

7 0
3 years ago
A stock price is currently $40. It is known that at the end of 1 month it will be either $42 or $38. The risk-free interest rate
mafiozo [28]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
4 years ago
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