Answer:
Blue jeans. Long life cycle
Explanation:
If we select blue jeans, we know that it is classic clothes that are well-known in the market. It exists from at least 100 years and still widely used across the world. This product shows a long life cycle, stable demand and small profits. In order to implement a marketing strategy that increases sales, we need to look for new markets to sell (new places); or propose a new design that can attract consumers by targeting new market segments (variance in the product); or define new price lower than competitors (price policy); or create a campaign enhancing the attributes of our jeans (promotion focus). Nevertheless, these strategies must be based on sustainable competitive advantages to be successful. Otherwise, they will only work through short time, because blue jeans is a very easy replicable product manufactured by many competitors.
Answer: Yes, <em>Jim should pay back the money he used for his electric and phone bill.</em> Since he is the custodian of petty cash for the company it is his responsibility to account for the money. The petty cash should only be used for work related expenses. The company could ask for an audit and Jim could get fired because there no record of the cash being given out for company expenses. Jim should put an IOU in the petty cash drawer and explain why it was taken out. Jim should also speak with one of the managers of the department to explain about the missing petty cash.
Answer:
Annual deposit= $37,714.37
Explanation:
Giving the following information:
The villa costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. Manny and Irene want to make fifteen equal annual payments into an account, starting today, so there will be enough money to purchase the villa in fifteen years.
The account earns 10% per year.
First, we need to calculate the final value of the house with the following formula.
FV= PV*(1+i)^n
FV= 500,000*(1.06^15)=$1,198,279.1
Now, we can calculate the annual payments required:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,198,279.1*0.10)/[(1.10^15)-1]
A= $37,714.37
Answer is A.!!!
"You can make the impossible, possible" -Ali
answer:
removing control of their labor and their sense of independence.
