Answer: Market development
Explanation: In simple words, it refers to a strategy under which an organisation tries to identify and develop a new customer base for their current products.
In the given case, Red ink is trying to advantage of the similar culture in Soleria so that they can sell their existing product in a new market.
Hence from the above we can conclude that this is an example of market development.
Answer:
The statement is true.
Explanation:
In order to compute the interest rate, the formula which is used is:
F = P × (1 + i) ^ t
Where
F is future value
P is Principal
i is interest rate
t is number of years
So, Future value is directly related to the interest rate, which means that increase in interest rate means more future value and decrease in interest rate means less future value.
Therefore, statement is true as it is directly related.
Answer:
We can assume that both Strike and Bailey are American companies and that they operate in that US under the UCC rules. Under UCC rules they are both considered merchants since they trade with the goods related to the contract. Strike's offer was very precise and Bailey's acceptance was made in a reasonable manner which can be considered a valid acceptance.
The only difference exists with the shipping company, which the UCC rules consider a conflicting term and Strike should have either objected or ratified it before sending the goods. Since Strike didn't object Bailey's terms, then by using a different truck company it is breaching the contract.
Answer:
E. $2,688.77
Explanation:
We need to calculate the PMT of an ordinary annuity at 6%
PV 402,000
time:
85 years - 62 years = 23 years of retirement
23 years x 12 months per year = 276 months
rate: 6% annual rate we must divide over 12 months to convert into monthly: 0.06/12 = 0.005
C $ 2,688.766
<em>She can withdraw 2,688.76 per month</em>
Answer: B brand awareness
Explanation:
This is extent to which consumers are intimate with the qualities or image of a particular brand of goods or services. Coca-Cola and Google are good example of brand awareness , they still run advert on Tv's, ànd radio stations and they are accepted.
