For each interest rate, the LM curve

When curt’s catering first opened, the owner decided to target only events at resorts in its geographic region. curt’s catering

DochEvi [55]

When curt’s catering first opened, the owner decided to target only events at resorts in its geographic region. curt’s catering was using a(n) <u>concentrated </u>targeting strategy.

Concentrated marketing is a marketing strategy in which a company focuses on a specific audience for most or all of its marketing initiatives. Companies that use focused marketing emphasize how their products meet the unique needs of a niche audience.

A marketing segmentation strategy in which we focus all our efforts and resources on services to market segments. Also known as niche marketing.

There are typically four different types of market targeting strategies.

Mass Marketing (Undifferentiated Marketing)

Segmented Marketing (Differentiated Marketing)

Centralized Marketing (Nitch Marketing)

Micro Marketing.

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8 0

2 years ago

How will the aggressive e-commerce plan implemented by Walmart affect operations at its retail locations

Lisa [10]

Answer and Explanation:

As we know that Walmart has the biggest size as a strength. Even there is market saturation but still it opened various retail stores. having more than 10,000 stores in international market it seen that there is large amount of profits. Now after implementing the new e-commerce plan the Walmart leave the competition behind as it helped in covering the great amount of customers range due to this it would create a favorable response also it would be helped in online shopping. having e-commerce plan will give the benefit to generate more sales as compared to before

4 0

3 years ago

Harriet used her credit card to buy a $779 laptop, which she paid off by making identical monthly payments for two and a half ye

pshichka [43]

Interest is the charge that is levied on the principal at a fixed percentage. The percentage of interest in the lifetime cost of the laptop is 13.7%.

<h3>What is interest?</h3>

Interest is the payment that the borrower incurs as a percentage of the principal for borrowing money.

Compound interest refers to the interest calculated on the principal and the interest up to the current interest period. The compound interest can be calculated using the formula:

$\rm Compound\:interest = P(1+ \dfrac{r}{n})^{nt} - P$ , where P is the principal amount, r is the rate of interest, n is the number of times the interest is compounded, and t is the tenure. The total number of period is represented as nt.

The total lifetime cost of the laptop will be the combination of its purchase price, interest, and electricity expense.

Given,

The value of the laptop (P) is $779

The number of years of the loan is 2.5 years.

The APR is 11.27%.

The interest on the laptop will be:

$\rm Compound\:interest = P(1+ \dfrac{r}{n})^{nt} - P\\\\\rm Compound\:interest = \$779(1+ \dfrac{0.1127}{12})^{(12)(2.5)} - \$779\\\\\rm Compound\:interest = \$779(1.0094)^{30} - \$779\\\\\rm Compound\:interest = \$779(1.3237) - \$779\\\\\rm Compound\:interest = \$1031.167 - \$779\\\\\rm Compound\:interest = \$252.167$

The electricity charges for 6 years will be calculated as the product of electricity charges per day and the number of days in 6 years.

Total number of days will be calculated as:

$\rm Total\:number\:of\:days = (365 \times 4) + (366 \times 2)\\\\\rm Total\:number\:of\:days = 2192 \:days$

Therefore electricity charges will be:

$\rm Electricity \:charges = 2192 \times \$0.36\\\\\rm Electricity \:charges = \$789.12$

Hence the total lifetime value of the laptop is:

$\rm Total\: lifetime \:value = \$779 + \$252.167 + \$789.12\\\\\rm Total\: lifetime \:value = \$1830.287$

The percentage of interest in total lifetime value is:

$\rm Percentage\:of\:interest = \dfrac{Interest}{Total\: lifetime \:value}\times 100\\\\\rm Percentage\:of\:interest = \dfrac{252.167}{1830.287}\times 100\\\\\rm Percentage\:of\:interest = 13.7\%$

The difference in answers could be a result of rounding. Therefore the correct option is b.

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3 0

2 years ago

How many courses do you need to take in University to become a teacher?

Amanda [17]

It all depends on the subject(s) that you will teach and at what level you will teach.

8 0

4 years ago

When you identify things that have given you trouble at work or in your personal life and then search for ways you can improve t

GalinKa [24]

A person can identify things that have given you trouble at work or in your personal life and look for ways to improve them by Innovation, knowledge and skills.

<h3>What is knowledge?</h3>

The idea of knowledge is one that connote the familiarity with some kind of information and theoretical views.

Knowledge is one that can be transferred from one person to another. By having the knowledge and skills, one can be able to handle issues that pertains to us in the right way and improve our lives.

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3 0

3 years ago