1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iragen [17]
3 years ago
14

You decide to take advantage of the current online dating craze and start your own Web site. You know that you have 500 people w

ho will sign up immediately and, through a careful marketing research and analysis, determine that membership can grow by 26 percent in the first two years, 19 percent in year 3, and 18 percent in Year 4. How many members do you expect to have at the end of four years
Business
1 answer:
riadik2000 [5.3K]3 years ago
8 0

Answer: 1115

Explanation:

From the question, we've been told that 500 people who will sign up immediately and membership can grow by 26 percent in the first two years. This means that the number of people at the ending of the 2nd year will be:

= 500 × (1 + 26%)^2

= 500 × (1.26)^2

= 500 × 1.5876

= 793.8

The number of people that will be expected at the end of 3rd year will be:

= 793.8 × (1 + growth rate)

= 793.8 × (1 + 19%)

= 793.8 × (1 + 0.19)

= 793.8 × 1.19

= 944.622

The number of people that will be expected at the end of 4th year will be:

= 944.622 × (1 + 18%)

= 944.622 × (1 + 0.18)

= 944.622 × 1.18

= 1114.654

= 1115 approximately

At the end of four years, 1115 members are expected.

You might be interested in
Stacie was disappointed in Maggie’s habit of , because while Maggie followed orders readily, she never thought about how her act
Alexxx [7]

Answer:B. Uncritical thinking

Explanation:

Habit are regular acts of individual, to be disappointed in a person habit refers to the negative habits.

3 0
3 years ago
Read 2 more answers
12.The competitive strategy of a firm pursuing a "think global, act local" approach to strategy-making A. entails little or no s
Vladimir [108]

Answer:

D. is essentially the same in all country markets where it competes but it may nonetheless give local managers room to make minor variations where necessary to better satisfy local buyers and to better match local market conditions.

Explanation:

A think global act local is a strategic business approach or concept which is aimed at achieving a low cost, effective cost, efficiency and focused strategy theme in all the locations where the firm has its operations but nonetheless avails local managers the opportunity and ability to adjust product

specifications, distribution and marketing channels to better satisfy local consumers, as well as effectively and efficiently match local market conditions.

Hence, the competitive strategy of a firm pursuing a "think global, act local" approach to strategy-making is essentially the same in all country markets where it competes but it may nonetheless give local managers room to make minor variations where necessary to better satisfy local buyers and to better match local market conditions.

8 0
3 years ago
PLEASE HELP WILL GIVE BRAINLIEST OT CORRECT ANSWER
FromTheMoon [43]
<h2>Answer</h2>

B. adds up all the income collected by all the sellers.

<h3>Explanation</h3>

Calculating GDP via the income approach of the established approaches, the income generated by all factors of production is the most accurate answer for the Gross Domestic Product (GDP) of a country. This therefore establishes that the income generated by factors in the household in exchange of the services or products they have provided to consumers, represent the value of the total goods and services sold in the economy.


4 0
3 years ago
Read 2 more answers
Describe the three most downturns in the United States economy since the 1920's
velikii [3]
The Great Depression, the recession, I don't know the other one.
5 0
3 years ago
This is one of the questions I have and I have no idea what they might be
Westkost [7]

Answer:

1) You get what you get and don't throw a fit?

2)Be patient???

I hope this helps TwT

6 0
2 years ago
Other questions:
  • Collusive strategies are the third type of cooperative strategies. In many economies, explicit collusive strategies are legal un
    6·1 answer
  • Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 6 percent. Today comparable bonds
    13·1 answer
  • Joyce Murphy runs a courier service in downtown Seattle. She charges clients $0.60 per mile driven. Joyce has determined that if
    13·1 answer
  • 2. Before the Interview If you do well in the application process and screening interview, you will be invited to a face-to-face
    8·1 answer
  • Frisco Corporation is analyzing its fixed and variable costs within its current relevant range. As its cost driver activity chan
    13·1 answer
  • I have a question, so I put in a job app at McDonalds Saturday and now it's Monday how long does it usually take for job franchi
    5·1 answer
  • Changes in aggregate demand
    9·1 answer
  • Waterway Industries can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Uni
    9·1 answer
  • Suppose that Raphael, an economist from an AM talk radio program, and Susan, an economist from a school of industrial relations,
    11·1 answer
  • At a single-phase, multiple-channel service facility, customers arrive randomly. Statistical analysis of past data shows that th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!