Answer:
Sell to ABC corporation.
Explanation:
Here we have two options which is either sell the farm to ABC for $500,000 today or sell it to XYZ for $530000 receivable after a year.
Option 1. Selling to ABC
The amount received $500,000
Investing it at 10% <u> $50,000</u>
Total Value of Investment at year end $550,000
Now Option 2. Selling to XYZ
The amount received <u>$530,000</u>
Total Value of Investment at year end $530,000
As the benefit to sell ABC is more than XYZ corporation hence its better to sell the farm to ABC corporation.
Form
Form refers to the product or service you offer your customers. Your marketing team carries out research into customer needs to develop a specification for a product or service. Your product development team can then develop a product or service that meets customers’ needs and provides your customers with important business benefits such as lower costs, improved productivity, easier installation or stronger competitive advantage. Your marketing team is creating utility by transforming customers’ needs into product or services that deliver added value.
Place
The utility of place refers to the availability of a product or service in a location that is convenient to your customers. In business marketing, place can refer to the convenience of your distribution channels or direct sales operations. By improving the utility of place, you are ensuring that your customers will find it convenient to buy your product. If you market services, you can improve utility for your customers by developing self-service facilities on your website, for example. Customers can find answers to straightforward technical problems or post questions on a forum where your team or other customers can provide answers
Answer:
With incomes falling in the recession, people are buying more chicken. - this statement is about inferior goods
II People are buying more beef now that incomes have increased. - this statement is about normal good
III People are buying more chicken because the price of chicken has fallen. This statment is about neither
IV With higher incomes people are switching from chicken to beef. - this statement is about both normal and inferior goods
Explanation:
A normal good is a good whose demand rises when income increases and falls when income falls. In this question, beef is a normal good.
An inferior good is a good whose demand rises when income fall and falls when income rises. Chicken is an inferior good in this example.