Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 1.7% in thi
s and in all future rounds. (Refer to the TQM Initiative worksheet in the CompXM.xls Decisions menu.) Looking at the Round 0 Inquirer for Andrews, last year's sales were $163,189,230. Assuming similar sales next year, the 1.7% increase in demand will provide $2,774,217 of additional revenue. With the overall contribution margin of 34.1%, after direct costs this revenue will add $946,008 to the bottom line. For simplicity, assume that the demand increase and margins will remain at last year's levels. How long will it take to achieve payback on the initial $2,000,000 TQM investment, rounded to the nearest month
Which of the following statements is generally true about change in the workplace ? a ) Most people accept change easily . b) Smart companies can avoid change altogether. c) Change in the workplace fairly infrequently d) Individuals can learn to manage the change in their lives.
If the economy is below its full-employment level of real national income, a supply-side economist would argue the appropriate policy is <span>expansionary fiscal policy by lowering marginal tax rates. Supply side economist tend to believe that the best economic policy is the one that give more freedom to the private sector by lowering all barriers on production of goods and services</span>
Option C: Low rates of growth of the quantity of Money
Explanation:
Growth of money and inflation rate are directly associated with each other. If the money supply increases in the economy, it may increase the demand for various products and thus increases their prices. Low inflation or the prices of commodities will not rise if;
Supply of money in the economy is reduced
The goods are supplied in more quantity than the inflation rate, e.g. if the inflation rate is 10 % and goods supplied increases by 15 %, then the prices of goods may fall keeping remaining factors constant.
