Answer:
E. How much cash should the firm keep in reserve?
Explanation:
- The working capital is the capital decision that is a decision that the firms take to combine the policies and the techniques for the management. And also state how the form should keep and use its resources or reserves and also is a measure of the liquidity of the firm and gives the inventors more information to the analysis.
Answer: 12.86 years.
Explanation: Rule of 72 says that to know in how many years the amount can double can be done by using the interest rate. The rule of 72 says that 72 divided by the annual interest rate will give the number of years it will take to double the amount.
Rule of 72:
Rate of interest = 5.60%/4
Number of years to double the investment = 72 ÷ 1.4
Number of years to double the investment = 51.43/4 = 12.86 years
Therefore, it will take 12.86 years for the $1850 to get double to $3700.
Answer:
One is that inequality increases the sense of entitlement in higher‐class people, because they engage more often in downward social comparisons. Another is that higher‐class people may be more concerned about losing their privileged position in society if they perceive a large gap between the rich and the poor
Answer:
B. E-mail marketing messages are effective in reaching the desired target market and result in low costs.
Explanation:
E-mail marketing is the act of sending customised mail advertising a product or service through the email address of targeted people.
Most times, corporate business or individual business owners form a mailing list from asking potential customers to input their email addresses for updates about the particular product or service.
This method of marketing is very effective because it is aimed at a target audience and is low cost. Each person that receives the advertising mail was at once point or another interested in that particular product or service. So, the mails don't get sent to people that have no interest in such product or service and because the audience is a target audience and in a mail listing, the cost is relatively cheap.
Aside from low cost strategy, there are more other methods
that will help business in differentiating their products.
<span>·
</span>Exploring new markets – This where the market
concentrates on their fellow contenders.
<span>·
</span>Partnership with other firms – It is a way of
teaming up with other organizations which will be of benefit for the products
that is being sold by the company.
<span>·
</span>Innovation – It is a way of asking higher price
compared to other companies when new features of the product is being added as
consumers will most likely want to buy something new and fresh.
<span>·
</span>Propose amplified provision – Different services
are being applied for the sake of consumers so that more consumers will be
attracted to the product.
