Answer: Trade off analysis
Explanation: In simple words, it refers to the decision making technique under which the decision maker gives up one thing for gaining the other.
In the given case, Global corp. were asking their consumers to prioritize the attributes they were expecting from the new product. The higher demanded attribute would have been added and the lower one will be neglected.
Hence from the above we can conclude that the correct answer is trade off.
Answer:
The correct answer to the following question is option A, i.e., To create more value for customers.
Explanation:
Generally, this answer is best for this question because customer satisfaction is more valuable for your business. The word 'value' is mostly means to price or any other things which have value for the businessman as well as the customers also.
In other words, when we create more value to the customer then we get more profit and if we do not value our customer then we suffer loss.
So, the customer value is more valuable or precious for the businessman or the firm.
Answer:
$13.39
Explanation:
future value of an annuity = monthly payment x FV annuity factor
monthly payment = future value / FV annuity factor
future value = $1,000,000
FV annuity factor = [(1 + 0.5%)¹¹⁸⁸ - 1 ] / 0.5% = 74,670.60843
monthly payment = $1,000,000 / 74,670.60843 = $13.39
