Answer: Effective interest rate : 6.58%.
Explanation:
Simple interest rate = principle × rate × time period
= $1,849 × 0.06 × ![\frac{17}{12}](https://tex.z-dn.net/?f=%5Cfrac%7B17%7D%7B12%7D)
= $157.165
When move out from the bank:
We will be left with(1849 - 157.165) = $1691.835
∴ Effective interest rate = ![\frac{157.165}{1691.835\times \frac{17}{12} }](https://tex.z-dn.net/?f=%5Cfrac%7B157.165%7D%7B1691.835%5Ctimes%20%5Cfrac%7B17%7D%7B12%7D%20%7D)
= 0.0658
= 6.58%
Answer:
D
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
<u><em>Types of Price Discrimination</em></u>
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
<u><em>Requirements to practice successful price discrimination</em></u>
- The firm must have market power. If the firm does not have market power and attempts to price discriminate they would lose customers
- The firm must have different elasticities of demand for their product in different markets
- The firm must be able to segment the market for their products
Answer :
Strategy and structure complementarity & alignment is important for organisation goal achievement feasibly. There are many evidence organisations supporting this, eg - supply chain management
Explanation :
Strategy is action plan designed to achieve a long term objective. Structure is patterned arrangement of work elements to achieve a goal. Their alignment in organisations is important
Structure is work performa, it has to be arranged compatible to the designed strategy. Strategy is just an abstract idea without structural implementation. The organisation's standard of work depends on both strategical plan of the organisation, structural arrangement to fulfill it. Structure develops in organisation as per the work, strategies are formulated to attain best efficient outcome from that structured work layout. A good strategy is also crucial to positively transform the dynamic structure over time.
Yes, there are evidences of such : Organisations maintain an innovative strategy as per ongoing work structure process. Both of these are aligned, as per the firm predetermined goal.
Supply Chain Management is a perfect illustrative evidence for the same. Strategy, structure alignment is evident in each stage of it, from procurement to delivery. Supply chain is structured strategically, to enhance organisational goods effective & efficient end delivery.
Answer:
C. stock price changes that are random and unpredictable
Explanation:
Random walk -
In terms of business ,
This theory determines the changes in the prices of stock are not related to each other and are basically completely random and can not be predicted .
Hence , the past details can not forecast the present changes in the stock market .
Hence , the correct statement about random walk is ( c ) .