Answer:
(B) mission statement
Explanation:
A mission statement broadly defines an organization's purpose—what it is seeking to achieve from its activities—identifies what is unique or important about its products to its employees and customers, and also distinguishes or differentiates the organization in some ways from its competitors.
Lamborghini is a classic example of exclusive distribution.
Selective distribution is a method of product distribution where more than one distributor is present in a given area. Brands of televisions, furniture, and home appliances frequently use it.
Exclusive distribution, on the other hand, describes a distribution strategy that only uses one distributor, retailer, or wholesaler in a particular region. Designer clothing, cars, and even home appliances frequently go through exclusive distribution.
A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer. A customer will almost always be able to find the merchandise wherever he travels.
The sale and transfer of a product from a producer to a wholesaler, retailer, and ultimately to the customer is known as indirect distribution.
Hence, Lamborghini is a classic example of exclusive distribution.
Learn more about distribution:
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A machine would cost $142,000 and the depreciation of $98,000
Answer:
Final Value= $370,481.13
Explanation:
Giving the following information:
Amy's contribution, plus that of her employer, amounts to $2,150 per year starting at age 23. Amy expects this amount to increase by 3% each year until she retires at the age of 57 (there will be 35 EOY payments). Interest rate= 5%.
<u>First, we will add the growth of the deposits to the interest rate:</u>
Interest rate= 0.03 + 0.05= 0.08
Now, to calculate the final value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit= 2,150
i= 0.08
n= 35
FV= {2,150*[(1.08^35)-1]}/ 0.08= $370,481.13
