Answer:
This is an example of Bench marking.
Explanation:
Bench Marking:
It is defined as a process in which an individual, company or a business compares its performance with another individual, company or business that is considered as a standard.
For example:
If a company "A" is very famous in shoe making industry. Then a company "B" compares its products and services with that company "A". This is called bench marking.
In this case, Baked Delights, collects the data of Sweet tooth in order to improve their standards, so it is an example of bench marking.
Answer:
A new home will cost $227081.72 in seven years.
Explanation:
To calculate the value or price of the new home in seven years, we need to calculate the future value of $132500 increasing at a rate of 8% per year for 7 years. The formula to calculate the future value will be,
Future value = Present value * (1+r)^t
Where,
- r is the rate which will be used for compounding
- t is the time in number of years
Future value = 132500 * (1+0.08)^7
Future value = $227081.7156 rounded off to $227081.72
Answer:
II. Those that attempt to control arms shipments
Explanation:
- The intelligent operations a process by which the government and the military groups and the business and other organizations and systematically collect and evaluate the information.
- For the purpose of the discovery and capabilities of the intrusions of the rivals and this determines the needs for and make their decision making ability for immediately taking the action on the analytical insights through the manual and the automatic actions include the real-time monitoring and time series and trend analysis.
Answer:
The correct answer is: less than $22.
Explanation:
Price discrimination is a situation where a firm charges different prices for the same product. Different price is charged generally from consumers with different price elasticities.
A firm charges a higher prices from the consumer with lower price elasticity because with a higher price there demand will decrease less than proportionate.
Lower price is charged from consumers having a higher price elasticity of demand because these consumers will decrease their demand more than proportionate at a higher price.
So if a firm charges $22 in the market segment with less elastic demand, the price in the more elastic market segment will be lower than $22.
