Answer:
C. Management Role
Explanation:
Micah is in a management role at his company because all the functions that he performs are functions of management in the an organisation.
The management functions include, Planning, Organizing, controlling and leading. The manager mainly plan the work of the organisation, coordinates the activities of others and direct them towards the achievement of the organisational goals and objectives.
Thta is true. Radical innovation has a significant effect on the market and on the economic activity of the firms in the market. Something that is false about radica innovation is that are evolutionary applications of novel ideas within existing paradigms and that is not true. We can say that this innovation <span>is an invention that destroys or supplants an existing business model.</span>
Answer:
$7,600
Explanation:
The computation of cash paid on July 1 to the bondholders is shown below:-
cash paid on July 1 to the bondholders = Par Value × Semi annual coupon rate
= $190,000 × 6 months ÷ 12 months × 8%
= $190,000 × 0.5 × 0.08
= $7,600
We considered the 6 months as semi-annually is mentioned in the question
Therefore for computing the cash paid on July 1 to the bondholders we simply applied the above formula.
Answer with its Explanation:
The first step is to diversify the sample size so that our sample includes every person from different cultures, geographic, religions, genders, etc., which would help in better assessment of the product's future in the market.
Second step is to set a sample size for receiving the feedback of the customers at required confidence interval that is Burger King's goal to achieve. For example, Burger King desires to achieve 93% customer satisfaction and the error rate would determined by using the confidence interval. This sample size would be calculated using the practical approach.
Third step is to ensuring that the errors in prediction are reasonably low by practical approach, confidence interval approach and diversified test samples. All this will help the company to ensure that they have accurate results in hand for decision making.
Answer is A
Explanation: Consumer surplus actually happens when a customer is willing and ready to pay for a particular product than its current market price. It is a measure of the additional benefits a consumer gets after paying for a product even though they are willing to pay more.
For example: Let's assume you want to get a IPhone 8 plus and you value it at $800 dollars, which you are ready to pay, but realise it is sold at $700. When you buy it at $700, the customer surplus is $100, that is a difference between how much you were willing to pay and the price you eventually got it.
Consumer Surplus changes as the equilibrium price of a good rises or falls. If the price of a good rises, the consumer surplus decreases but when the price of the good falls, the consumer surplus increases.
