Answer: (C) Differentiation strategy
Explanation:
The differentiation strategy is one of the type of business strategical approach that helps in developing the various types of distinctive products and the services in the market.
The main objective of the differentiation strategy is to attract the consumers or customers by offering them some different and effective products in the competitive market.
According to the given question, the Monteleone company is basically paying the high fees for the purpose of promoting the luxuries and the products in the market.
Therefore, the Monteleone company is basically following the differentiation strategy.
Answer:
Approximately 8 more payments need to be made.
Explanation:
Mortgage Amount = $100,000
Interest Rate = 8%
Time = 30 years
Calculating Annual Payment,
Using TVM Calculation,
PMT = [PV = 100000, T = 30, FV = 0, I = 0.08]
PMT = $8,882.74
So,
Annual Payment = $8,882.74
Loan Balance = $50,000
Calculating Time for Repayment,
Using TVM Calculation,
T = [PV = 50,000, PMT = -8882.74, FV = 0, I = 0.08]
T = ~8 years
The best way for Rick to handle this situation is to pledge them as a collateral so that it is a way of having them pledge in terms of arrangement in payment and that will benefit Rick and have the assurance that both methods used will still be their of advantage and would give them the upper hand or authority.
Answer:
B. The khaki pants
Explanation:
Opportunity cost is the benefits forfeited as a result of choosing one item or activity over the other. It the value of the next best alternative of choice made.
Opportunity costs arise because people have to make choices every day. Choosing an item over others implies sacrificing the benefits of the others. The value or cost of the sacrificed item represents the opportunity cost.
Khaki pants are the opportunity cost. Kyla is comfortable with either blue jeans or khaki pants. He does not like black jeans. His alternatives are khaki pants or Blue jeans. Choosing blue jeans implies forfeiting khaki pants. The khaki pants are the best alternative that was missed.
You get to control how the business is run, you don't have to listen higher ups. It is also rewarding to see how well your business is doing.
