Answer – PUBLICITY
A business owner featured on a local newspaper to share his
or her success story is being offered the opportunity to promote his or her
business through publicity. This is because the article published about him or
her will <span>build some measure of public awareness
about his or her products, services or/and expertise.</span>
Answer:
The correct answer is d) product life-cycle.
Explanation:
The life cycle of a product is the evolution of sales of that product during its permanence in a given market. Depending on the product and the sector, its useful life may be greater or lesser. In addition, other factors also influence such as the administration's policies in the area where the product is marketed.
A product since it appears in the market does not always maintain the same sales trend. There are fluctuations that have to do with demand but can also influence other issues such as those related to legislation.
With regard to demand, it can happen, for example, that a product goes out of style or is replaced by a new one that meets the needs of the former. E.g. Think of the music player market, how many have we met? From the walkman, through the discman, then the Mp3, Mp4, Ipod, and even the mobile phone as a player. We can say that the discman, for example, had a fairly short life cycle.
In this regard in Economics there is a theory that explains the stages through which a product passes with respect to its production and sales, it is known as the theory of the life cycle of a product. It was defined by the American economist Raymond Vernon who assured that every product or service undergoes a similar market evolution.
To Calculate YTM,
YTM = {C + (F-P)/n}/(F+P)/2
where C = coupon rate,
F = face value
P = price
n = no.of years
Therefore, YTM = {90+(1000-874.6)/7}/(1000+874.6)/2
=> 11.72%
Answer:
B) $5.860.53
Explanation:
The computation of the future value is shown below:
= Principal amount × (1 + rate of interest)^number of years
= $5,500 × (1 + 0.016)^4
= $5,500 × 1.016^4
= $5.860.53
Hence, the second option is correct
