I would define economies of skill as the characteristics of marketing process in which an increase in the skill of the team causes a decrease in long run average cost per order dollar (COPD).
Hope this helps!! <3
<span>Zahra
is an employee at colorz inc. she loves gossiping about her colleagues
during office hours, which causes her to receive a reprimand by her
supervisor, dan. a few days later, dan fires gunther, another
subordinate, from work for a similar reason. the employees reporting to
dan are most likely to conclude he demonstrates a lack of outcome fairness in
dealing with employees who gossip at work.
</span><span>Outcome fairness is a judgment that the consequences given to employees are just.</span>
B. Personal Selling
A trade show is an event where members of a particular industry or group come together and view displays and booths from various companies with their products and services. The company reps are involved in personal selling to the trade show attendees.
Answer:
4.76%
Explanation:
The requirement in this question is determining the discount rate which gives the same present value in both cases since discount rates discount future cash flows to present value terms.
PV of a pertuity=annual cash flow/discount rate
PV of a pertuity=$17,000/r
PV of ordinary annuity=annual cash flow*(1-(1+r)^-n/r
PV of ordinary annuity=$30,000*(1-(1+r)^-18/r
$17,000/r=$30,000*(1-(1+r)^-18/r
multiply boths side by r
17000=30,000*(1-(1+r)^-18
divide both sides by 30000
17000/30000=1-(1+r)^-18
0.566666667=1-(1+r)^-18
by rearraging the equation we have the below
(1+r)^-18=1-0.566666667
(1+r)^-18=0.433333333
divide indices on both sides by -18
1+r=(0.433333333)^(1/-18)
1+r=1.047554315
r=1.047554315-1
r=4.76%
