Be realistic
Aim for sticking to your budget most of the time, and you’re bound to reach your financial goals. Breaking your budget occasionally is OK, providing you get right back on track as soon as possible.
Answer:
a. True
Explanation:
The environment scanning means the scanning of the environment. In this, the information is collected with respect to the events and their relationship of an organization that could be internal and external. The main motive of this is to be measure the direction of the organization in near future
Also it identified the factor that impacts the success of the marketing
Therefore the given statement is true
The two attributes that can define a threat are the
following:
Commitment Attribute Group – they are a threat who has the
commitment or willingness in achieving the goal they want to attain.
Resource Attribute Group – they are the ones who only has a
specific amount or limited source of what they want to attain or deploy.
Answer:
Explanation:
Player 1
If Player 1 chooses strategy A
then the player 2's best outcome of 23 comes from strategy C.
If Player 1 chooses strategy B
then the player 2's best outcome of 26 comes from strategy C.
Player 2
If Player 2 chooses strategy C,
then the player 1's best outcome of 14 comes from strategy B.
If Player 2 chooses strategy D
then player 1's best outcome of 14 comes from strategy A.
If Player 2 chooses strategy E
then player 1's best outcome of 20 comes from strategies A and B.
If Player 2 chooses to strategy F
then player 1's best outcome of 22 comes from strategy A.
Hence, the better off play of both player is as follow
- Player 1 plays strategy B
- Player 2 plays strategy C
Explanation:
The computations are shown below:
a. The percentage change in nominal wages increase is
= ($23 - $14) ÷ ($14)
= ($9) ÷ ($14)
= 64%
b. The percentage change in consumer price increase is
= (254 - 170) ÷ (170)
= (84) ÷ (170)
= 49.41%
c. Now the real wages increase would be
For increase in real wages, first we have to find out the real wages i.e shown below:
= ($14 × 254) ÷ (170)
= $20.92
And, the current hourly wage rate is $23
So, the difference is
= $23 - $20.92
= $2.08
Now the increase in wage rate is
= ($2.08 ÷ $14) × 100
= 14.85%
