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lara31 [8.8K]
3 years ago
14

What are four importance of a business plan

Business
1 answer:
Firlakuza [10]3 years ago
3 0
-avoid mistakes/disasters (lack of teamwork, pricing, etc)
-setting objectives
-helps with development and growth
-create marketing strategy
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Say that you have invented a new snack food product and would like to market it to college students. What are some of the advert
Lera25 [3.4K]

Explanation:

The ideal would be to create an advertising message that would bring value and engagement to the target audience that you want to reach, which in this case are young university students. Use more modern and informal communication, elements of youth culture, such as music, films and series, which add value to advertising to attract the desired audience.

It would also be important that advertising communication be carried out in colleges, through advertising on student radio or as a sponsor of sports games.

If the product is well aimed at meeting the needs of university students and has a positive response, in the future it can grow and be consumed by other students and thus become a product of value for young people.

4 0
3 years ago
Drury corporation needs to raise $ 2 comma 300 comma 000. the corporation plans on selling 100 comma 000 shares of $ 23 par valu
ad-work [718]

Net Income before Sale of Shares........................................................$1800000

Additional Income due to sale of shares.............................................$400000

Total Net Income........................................................................................$2200000

Income [email protected]%.........................................................................................($660000)

Net Income After Tax..................................................................................1540000

Total No of Shares.........................................................................................260000

Earning Per Share(Net Income After Tax/No of Shares)......................$5.92

8 0
3 years ago
A cellular service provider charged a customer $40 for 150 minutes of airtime. The same provider charged another customer $55 fo
yKpoI14uk [10]

Answer:

C(t)=0.1t+25

Explanation:

So, we are looking for a linear equation. As we know Equation of a line has different forms, let´s use slope-intercept form:

C(t)=mt+b

Where C is the total cost as a function of t, t is the amount of airtime in minutes, m is the slope and b is the y-intercept

Now, let´s use the data provide in order to find m and b:

40=150m+b   (E1)

55=300m+b   (E2)

We have a 2X2 system of equations, let´s solve it using elimination method:

2(E1)-(E2)

25=0+b\\b=25

Replacing b in (E1) or (E2):

m=\frac{40-25}{150}

m=\frac{1}{10}=0.1

Knowing the slope m and the y-intercept b the linear model that represents the total cost as a function of t is:

C(t)=0.1t+25

You can check the results evaluating t=150 and t=300, the results must be 40 and 55 respectively

6 0
3 years ago
A steel bar is 10 mm diameter and 2 m long. It stretched with a force of 20 kN and extends by 0.2 mm. Calculate the stress and s
Firlakuza [10]

Answer:

2.5 * 10^12 Nm-2

Explanation:

Stretching force = 20 * 10^3 N

diameter = 10 * 10^-3 m

extension = 0.2 * 10^-3 m

length of bar = 2m

Young Modulus = stress/strain

stress = Force/Area

Strain = extension/length

Young Modulus = Force/Area/extension/length

But area = πr^2 = 3.142 * (5 *10^-3)^2 = 7.9 * 10^-5 m^2

Stress = 20 * 10^3/7.9 * 10^-5  = 2.5 * 10^8 Nm-2

Strain = 0.2 * 10^-3/2 = 1 * 10^-4

Young Modulus = 2.5 * 10^8/1 * 10^-4  

Young Modulus =  2.5 * 10^12 Nm-2

7 0
3 years ago
Two oil wells are for sale. The first will yield payments of $9,300 at the end of each of the next 15 years, while the second wi
Zina [86]

Answer:

The first oil well has a higher present value of $83,266.24 as compared to the present value of the second oil well of $74,804.25

Explanation:

Step 1: Determine the total yield for both oil wells

Total yield of the first oil wells=Yield payments per year×number of yield years

where;

Yield payments per year=$9,300

Number of yield years=15

replacing;

Total yield of the first oil wells=(9,300×15)=$139,500

The future value of the first oil well=$139,500

Total yield of the second oil well=Yield payment per year×number of yield  years

where;

Yield payments per year=$7,000

Number of payment years=28

replacing;

Total yield of the second oil well=(7,000×28)=$196,000

The future value of the second oil well=$196,000

Step 2: Determine the present value of the two oil wells

First oil well present value=Future value/(1+r)^15

r=3.5%=3.5/100=0.035

First oil well present value=$139,500/(1+0.035)^15

=139,500/(1.035^15)=83,266.24

The present value of the first oil well=$83,266.24

Second oil well present value=Future value/(1+r)^28

r=3.5%=3.5/100=0.035

Second oil well present value=$196,000/(1+0.035)^28

=196,000/(1.035^28)=74,804.25

The present value of the second oil well=$74,804.25

The first oil well has a higher present value of $83,266.24 as compared to the present value of the second oil well of $74,804.25

8 0
3 years ago
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