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aksik [14]
3 years ago
8

Your new sales manager, who previously worked for Boston Consulting Group, directs each sales rep to "toss out the dogs," "explo

it the stars," and "milk the cows." Translate this into everyday English: What is the sales manager asking the sales reps to do?
Business
1 answer:
Alla [95]3 years ago
8 0

Answer:

Explanation:

toss out the dogs :

As per the boston consulting Group Dog is the product that have small portion of the market share and does not have any growth in the market but they give positive cash flows. investment money in these products is useless the decision that should be made whether to withdraw from the market or enjoy cash flows for further more time. in this situation the manager is directing the representatives to divest the investment from Dog product.

exploit the stars:

Stars are the products that have large market share and high growth in the market management has to make more investment in these products to make more competitive position in the market and be the market leader. Star products are the future cash cows, manager is directing his team to to exploit more means invest more in star products.

milk the cows

Cash Cows are the products that have huge market share in the market and the product is market leading and it has reached at maturity phase its life cycle,there is no further growth in the market.milk the cows means cash generated from the cash cows should be reinvested to star products in order to strengthen their position in the market.

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average fixed costs a. will always increase as output increases. b. are defined as the change in total costs divided by the chan
enyata [817]

Answer:

<h2>The Average cost usually decreases as the output expands.Hence,the answer in this case would be option c. or will always decrease as output expands.</h2>

Explanation:

  • Fixed costs or expenses of production refers to those that are fixed or constant through out the production process or does not depend on the changes or adjustments in the actual output or production level.
  • Some of the common examples of fixed cost of production include building rent,utility bills,land rent,insurance and interest payments.Note that these costs and expenses are fixed and unchanged and any firm or company has to pay them regardless of the production or output level.
  • Now,since the average fixed cost of production is calculated by dividing the total fixed cost of production by the quantity of output produced by the firm at any particular period of time,the average fixed cost of production will decrease.As the output expands the denominator of the average fixed cost formula will increase but note that the numerator of the formula or the total fixed cost of production will always remain constant.Therefore,the average cost of production keeps decreasing with an increase in output or production level,signifying economies of scale.
6 0
3 years ago
On January 1, 2017, Sandhill Inc. purchased land that had an assessed value of $322,000 at the time of purchase. A $517,000, zer
Mnenie [13.5K]

Answer:

Land amount= 367,990

Interest amount= 149,010

Explanation:

this question can be solve applying the concept of future value, as it is a zero interest or zero coupon it only, it means the bond does not pay money in the time, so

FV=PV*(1+i)^{n}

where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. So applying to this particular problem we have:

517,000=PV*(1+0.12)^{3}

solving we have PV=367,990

so the land value is 367,990 and the interest expenses are 517,000 - 367,990=149,010

3 0
3 years ago
Theresa adds $1,500 to her savings account on the first day of each year. marcus adds $1,500 to his savings account on the last
Kay [80]

Answer:

difference = $12093.38

Explanation:

given data

adds 1st day in saving account = $1,500

adds last day in saving account = $1,500

annual interest = 6.5 %

time = 35 year

to find out

difference in their savings account balances

solution

we get there first Theresa  future value that is

future value 1 = present value × \frac{(1+rate)^{time} - 1}{rate}   ....1

future value 1 = $1500 × \frac{(1+0.065)^{35} - 1}{0.065}

future value 1  = $186052.04

and

future value 2 = present value × \frac{(1+rate)^{time} - 1}{rate} ×  (1+rate)  .........2

future value 2 = $1500 × \frac{(1+0.065)^{35} - 1}{0.065} ×  (1+0.065)

future value 2 = $198145.42

so that here difference is

Difference = $198145.42 - $186052.04

difference = $12093.38

3 0
3 years ago
Holding other factors constant, legislation to cut taxes in an open economy will: a. increase national saving and lead to a trad
barxatty [35]

The correct option is (d); reduce national saving and lead to a trade deficit.

<h3>What is trade deficit?</h3>

When a nation purchases more than it exports, a trade deficit results. Although very big deficits can hurt the economy, a trade deficit is neither fundamentally fully positive nor harmful.

Some key features of trade deficit are-

  • When a nation purchases more than it exports, a trade deficit results.
  • A nation with a trade deficit, also referred to as a negative trade balance, has spent more money than it has made in its foreign trade with other nations.
  • The amount of imports and exports a nation makes can affect that nation's GDP, currency value, rate of inflation, and interest rates. The amount of imports and the size of the trade deficit can both hurt a nation's currency.
  • A trade imbalance results when domestic consumers purchase more foreign goods than domestic manufacturers sell to overseas consumers, which lowers GDP.
  • The trade deficit can be improved by consume less and save more.

To know more about the causes of the trade deficit, here

brainly.com/question/10276258

#SPJ4

6 0
2 years ago
The price elasticity of demand for gasoline in the short run has been estimated to be 0.4. If a war in the Middle East causes th
Vlad1618 [11]

Answer:

The answer is: A) Quantity demanded will decrease; total revenue will rise.

Explanation:

Gasoline has an inelastic demand (price elasticity of demand ≤ 1). It means that if the price of gasoline increases 10%, consumers will only decrease the amount of gasoline they buy by 4%. So even if the quantity demanded of gasoline decreases a little, the total revenue will increase.

8 0
3 years ago
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