Answer:
a.less than $500,000
Explanation:
For computing the amount we need to applied the present value which is to be shown in the attachment below:
Data provided in the question
Future value = $500,000
Rate of interest = 7% ÷ 2 = 3.5%
NPER = 2
PMT = $500,000 × 6% ÷ 2 = $15,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After applying the formula, the present value amount is $495,250.76
Answer:
Societal marketing
Explanation:
Societal marketing: The societal marketing is that marketing concept which focuses on serving the society at their best level by satisfying their needs, wants, and interest and keep the profit motive aside.
It aims to produce such goods and serving those services which helps to improves the business organization image, goodwill, reputation to a larger extent. By satisfying the society at large, the organization can strengthen its long term success.
This market concept is closely related to the Corporate Social Responsibility (CSR)
So, According to the given definition, the most appropriate term is Societal marketing
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Is a process whereby companies compare their practices and performance measurements to those of other companies? Benchmarking. Benchmarking is one company's way of comparing how they do business to other companies. They check their metrics in practice and performance to see how they fair with the industries leading companies. They are commonly measuring quality of produce, time it costs to produce and the price it costs to produce.
Answer:
A. Households buy goods from product markets.
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