The answer is "<span>They focus more on products than the customer's underlying need.".
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Marketing Myopia is marketing term as it shows by its name, referred to short-sighted and inward looking way to deal with promoting that spotlights on the requirements of the organization as opposed to characterizing the organization and its items as far as the clients' needs. It brings about the inability to check and accommodates to the quick changes in their business sectors or markets.
Answer:
Journal Entry
March 1
Dr. Cash $4,550,000
Dr. Discount on Note Payable $450,000
Cr. Note payable $5,000,000
December 1
Dr. Interest Expense $450,000
Cr. Discount on Note Payable $450,000
Dr. Note payable $5,000,000
Cr. Cash $5,000,000
Explanation:
Note payable is document which is payable after a specific period of time.
Note Payable is recorded at the present value of the note face value. We need to discount the face value of the note first.
Interest on the bond = $5,000,000 x 12% x 9/12 = $450,000
On December 31 Interest expense will be recorded and Payment of Note is made.
Answer:
Assertive.
Explanation:
Assertive behavior means standing up for and going after what you want (in this case a sale) without being overbearing/aggressive or too shy/passive. Assertive is a positive balance between the two extremes and means people clearly and directly state what they want or take action to achieve it.
Answer:
NPV = $11400
As the NPV from the project is positive, the investment should be made.
Explanation:
The NPV or net present value is an important metric that is used for project and investment evaluation. The NPV is the present value of the series of cash flows provided by the project less the initial cost incurred to undertake the project. NPV can be calculated as follows,
NPV = (Annual Cash Flow * Present value factor) - Initial cost
NPV = (37300 * 5.02) - 175846
NPV = $11400
As the NPV from the project is positive, the investment should be made.
