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3 years ago

Changes that affect a product's versatility, effectiveness, convenience, or safety are called ____ modifications.

Business

2 answers:

shepuryov [24]3 years ago

8 0

Answer:

C. Functional Changes

Explanation:

The goal of functional modifications is to ensure that the product becomes useful to more consumers which in turns broadens the market base for teh product. A strategy that is often employed is to analyze competitor's products and then identify features or modifications that are not available with the competiton's products. These features are then added to the existing product to gain a favourable position with the consumers.

Functional modifications assists the positive image building of a brand.

Functional Modifications include, a product's improved convenience (ease of use and access), effectiveness (ability to perform its stated functions), safety and versatility (ability to adapt or be used in different situations and activities).

lesya [120]3 years ago

4 0

Answer:

c. FUNCTIONAL MODIFICATION

Explanation:

c. FUNCTIONAL MODIFICATION

Changes that affect a product's versatility, effectiveness, convenience, or safety are called ____Functional modifications.

Every organisation aim to improve the effectiveness, versatility e.t.c of his product, so that the product will meet customer satisfaction.

the aspect of product modification which improve its efficiency, increase its function, increase the application, reduced its current consumption, e.t.c are classify under functional modification.

b. package : change in branding to entised customer

d. aesthetic : enhance Beautification of the product,

e. quality: the grade and durability of the product

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McCue Inc.'s bonds currently sell for $1,250. They pay a $90 annual coupon, have a 25-year maturity, and a $1,000 par value, but

ratelena [41]

Answer:

YTM = 6.88%.

YTC = 4.26%.

Explanation:

a. Calculation of Yield to Maturity (YTM)

The bond's Yield to Maturity can be calculated using the following RATE function in Excel:

YTM = RATE(nper,pmt,-pv,fv) .............(1)

Where;

YTM = yield to maturity = ?

nper = number of periods = number of years to maturity = 25

pmt = annual coupon payment = $90 = 90

pv = present value = current bond price = $1,250 = 1250

fv = face value or par value of the bond = 1000

Substituting the values into equation (1), we have:

YTM = RATE(25,90,-1250,1000) ............ (2)

Inputting =RATE(25,90,-1250,1000) into excel (Note: as done in the attached excel file), the YTM is obtained as 6.88%.

Therefore, YTM is 6.88%.

b. Calculation of Yield to Call (YTC)

The bond's Yield to call can be calculated using the following RATE function in Excel:

YTC = RATE(nper,pmt,-pv,fv) .....................(3)

Where;

YTM = yield to call = ?

nper = number of periods = number of years to call = 5

pmt = annual coupon payment = $90 = 90

pv = present value = current bond price = $1,250 = 1250

fv = future value of the bond or the amount at which the bond can be called = $1,050 = 1050

Substituting the values into equation (3), we have:

YTM = RATE(5,90,-1250,1050) ............ (4)

Inputting =RATE(5,90,-1250,1050) into excel (Note: as done in the attached excel file), the YTC is obtained as 4.26%.

Therefore, YTC is 4.26%.

Download xlsx

6 0

3 years ago

Evie must pay an additional tax on the early distribution from her 401(k) of: a. 0% b. 5% c. 10% d. 15%

almond37 [142]

Answer:

c. 10%

Explanation:

Law Imposes additional 10% tax on early distribution of 401 (k) retirement plan. This law is to discourage the use of retirement fund for other purposes than the retirement plan. Evie want early distribution of her funds so she must pay 10% additional tax on these funds. So option c. 10% is correct for 401(k) retirement plan.

6 0

4 years ago

According to the quantity equation, the price level would change less than proportionately with a rise in the money supply if th

Ira Lisetskai [31]

Answer:

either a rise in output or a fall in velocity.

Explanation:

As per the quantity equation, if the level of the price would varies and less than the increase in the money supply so there should be either a rise in the output or the decline in the velocity

The quantity equation is

MV = PY

where

M denotes money supply

V denotes velocity

P denotes price level

Y denotes output

As the money supply would increase so it would be balance when there is a decline in a velocity or increase in output so that the price would remains the same

hence, the above represent the answer

8 0

3 years ago

Excise taxes on gasoline and state sales taxes are often criticized for being regressive, even though everyone pays the same tax

romanna [79]

Answer:

Yes because a person with a lower income may tend to spend a greater share of his income on gasoline

Explanation:

For example, if a low income individual earning $1000 and a high-income person who earns $2000 each purchase 12 gallons of gasoline, the taxes on this purchase will consume a larger portion of the low-income person’s earnings than that of the high-income person. Assuming a tax rate of 5% of earnings multiplied by 12 Gallons.

Low income individual earnings after tax deductions= $400

High income individual earnings after tax deductions= $800

3 0

3 years ago

Propose a theory or model that could be used to support implementation of the strategic plan for this organization. Explain why

Mkey [24]

When a company fails to execute its strategic plan, the first reaction is often to rewrite the org chart or tweak incentives. Clarifying decision-making authority and improving the flow of information both at the management level and throughout the organization is much more effective. After that, the appropriate structure and motives are usually set.

Similar to the Galbraith and Nathanson model, this is a systems-based model in which strategy development is processed as inputs from four interconnected elements: organizational structure, management processes, human resources, and culture, and outcomes achieve strategic goals as

A strategic plan is a systematic process of envisioning a desired future and translating that vision into broadly defined goals or goals and a series of steps to achieve them.

Learn more about the strategic plan at

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6 0

2 years ago