Answer:
Steve job is the natural leader and gather with gigantic imagination and astounding thoughts regarding determining for future. He was a prepared trend-setter who reshaped whole ventures by his scholarly brain, good thoughts and peerless self control that comes for purchaser desire for present and future needs.
So "Business person" would surly fit for his character. Steve Jobs have a sort of character which satisfied with number of characteristics that accommodate him for imagination and imaginative.
Steve was acceptable in sharing his inclination and punish individuals ahead to take obligations. These are the characteristics of Extrovert individuals. This can be seen each time both in progress and disappointment, he never seize to quit talking about the conceivable outcomes.
Consequently the most fitting behavior is "Extroversion"
Answer:
Annual ordering cost = = $30
Annual Holding Cost = $200
Explanation:
order size = Q1 = 200
Annual ordering cost = (A/Q1) x S = (400/200) x 15 = $30
Annual Holding Cost = (Q1/2) x H = (200/2) x 2 = $200
Answer:
D) $6,400
Explanation:
To calculate the points deducted by Marcia in the current year, we use the following method
Since she collected the loan in July of the current year, there is five (5) months remaining in the current year, for Marcia to deduct any point, the will need to divide the number of month(s) remaining by the money she borrowed while we have have as;
$320,000/ 5
= $64,000
Answer:
Unfreezing
Explanation:
According to Kurt Lewin's change management model, the first step of change which is the unfreezing stage entails informing the organisation of why change is necessary.
For example, if the CEO of Red Arc informs the employees of the proposed benefits of the merger e.g increased sales and financial results, increased employee benefits etc, this will help the employees understand why the merger is necessary. The employees will then be ready to accept the change.
Answer:
Check the following explanation
Explanation:
Let us consider Porter’s Five forces strategy, in analyzing the particular scenario of Bank and that of the firm which produces T3MP chemical.
As the bank is an early mover in the issuance of ATM cards, the bank definitely got the competitive advantage. As an early mover, the bank faced very low threat of new entrants with regard to distribution of ATM cards. Therefore, the bank could capture a large area of urban region. Also, the switching cost for bank customers is quite high and in the case of banks, generally the individual customers prefer to stick to one or two banks. As an early mover, this was definitely an advantage to the bank. As a result, the bank also got a loyal customer base in the long run. When the brand loyalty was combined with the high switching cost of bank products; in terms of ATM, the entry of a potential competitor was difficult for the bank. Since the ATM cards are unique to each customer and bank, the ATM products adopts a generic differentiation strategy in terms of technology and point of locations. The place is definitely a competitive advantage of bank ATMs and being an early mover, they could capture a large share of customers in the urban areas.
As the ATM cards are specially made for the particular banks, they are definitely a tool for gaining advantage over the competitors. Hence the bank enjoys a definitive leadership in terms of its competitive advantage as an early mover where it could capture a large urban area, and in terms of technology where one bank’s ATM card doesn’t fit into another.
In the case of second firm, which has a 60 percent share of T3MP, faces the threat from substitute products. But T3MP has got the competitive advantage over its substitute product, due to the low bargaining power of customers. T3MP seems to have only a major substitute, whose market share seemed to have dented by the increase in price of the substitute. The low price of T3MP compared to the substitute is definitely a competitive advantage for the firm. This would decrease the competition from the substitute product which in turn will increase the sale of T3MP. Further, the substitute won’t be able to limit the growth of T3MP by setting a sealing price. The firm could increase its marginal returns through increased sale of T3MP. Thus the firm could capture the market share of the substitute which is twice as that of T3MP and could increase its revenue and earning potential.