Answer:
<em>a. 22.64%</em>
Explanation:
At first we are going to need to compute the Internal rate of return(IRR) (in which the current value of inflows = the current value of outflows)
Let's let the IRR be <em>x percent</em>
Therefore $4,500 = $750 / (1.0x)
+ $1,000 / (1.0x) <em>power 2</em> + $850 / (1.0x) <em>power 3 </em>
+ $6,250 / (1.0x) <em>power 4</em>
Thus, x = approximate return rate = <em>22.64 percent</em>
Answer:
Quality
Explanation:
In business terms the quality is the level of service or product meets the customer's expectation. Customer want a good quality product or service in a competitive price. Some customers can compromise on the price factor but they require high quality without any error or defect. So, producing what customer wants is called Quality.
Answer:
The answer is <u>"$110 billion".</u>
Explanation:
Firms increase their investment by $11 billion
mpc = 0.9
gdp = ?
To find the gdp, first we have to find expenditure multiplier;
we will find that by using the formula;
expenditure multiplier = 1/(1-0.9) = 1/0.1 = 10
Now gdp = 10 x $11 billion
= $110 billion
Thus the <u>gdp is $110 billion.</u>
Answer:
Customer Lifetime Value
Explanation:
Customer Lifetime Value is a measure of how much amount of money a customer spends on your business/products/services over the course of his whole lifetime.
It is a predictor of how well you are doing to retain your existing customers.
Why is it important?
suppose you spend $10 to advertise your product (belt) and a customer buys 5 belts on average every year for 15 years. You get $12 profit for each belt sold.
$
Subtract the advertising cost
$ This is your customer lifetime value
Now imagine what would have happen if we had to sell these belts to 75 different customers?
The advertising cost to attract 75 customers would have been too much and hence net profit and customer lifetime value would be very less.
$
$
This is why customer lifetime value is important and businesses focus on retaining their customers for longer periods.
Answer:
The options for this question are:
a. dominance
b. synergy
c. anarchy
d. compromise
The correct answer is b. synergy.
Explanation:
usiness synergy is an interesting concept if we use it in the business world, since we find the possibility of growth and improvement. Remember! The whole is more than the sum of its parts and achieves the best business strategy.
In an altruistic way it is also possible to obtain a benefit or even establish a new professional relationship in order to obtain more work and promotion that otherwise would not have been obtained.
