Answer:
11.6 years
Explanation:
When we are trying to determine how long will it take an investment to double using compound interest, the simplest way is to use the rule of 72. But the problem is that it doesn't work very well with odd numbers.
So we have to use math:
FV = PV (1 + r)ⁿ
PV = X and FV = 3X
3X = X(1 + 10%)ⁿ
3 = (1 + 0.1)ⁿ
log 3 = log 1.1ⁿ
log 3 = n x log 1.1
n = log 1.1 / log 3
n = 11.6 years
Answer:
D) It considers market growth rate to be a measure of market attractiveness
Explanation:
In 1970, Bruce D. Henderson developed and created a growth-share matrix for the Boston Consulting Group (BCG). The Boston Consulting Group (BCG) growth-share matrix is a tool used for analyzing and planning product lines in a business unit. It makes use of a graphical representation of a company's product line and services to analyze and make long-term strategic plans on which to invest more on or sell off.
Generally, products are divided into four (4) main categories in the BCG growth-share matrix;
1. Dogs.
2. Stars.
3. Question marks.
4. Cash cows.
The statement which is true of the Boston Consulting Group (BCG) matrix approach is that, it considers market growth rate to be a measure of market attractiveness.
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Options:
A.) Firm A needs to revamp its after-sales services.
B.) The sales of industrial goods are higher in Country X than in Country Y.
C.) The perception of quality can differ a cross countries
D.) Country X is a highly industrialized nation.
E.) Country Y has a lower average income level compared to Country X
Answer: C.) The perception of quality can differ a cross countries.
Explanation: The scenario illustrated above is most likely related to choice between users of different countries which may probably have different cultures, opinion, economic stability and various other reasons why they use the companies product.
This is because buyers in both countries are aware of the different versions of the product, However, buyers in one country tend to stick with the cheaper, older and bulkier version while buyers of the other nation preffered the newer and lightweight version. This is a clear issue of perception or ideas whereby some users think older versions of products even though may be less sleek in terms of appearance posses better quality than newer versions while some think otherwise that newer versions are always better in quality.
Answer:
$79,600
Explanation:
Calculation for what the total amount of direct manufacturing cost incurred will be :
Direct material $50,400
(8,000 x $6.30)
Add Direct labor $29,200
(8,000 x $3.65)
Total Direct cost $79,600
Therefore the total amount of direct manufacturing cost incurred is closest to: $76,600
Answer:
The postponement of a project until conditions are more favorable:
III. could cause a negative net present value project to become a positive net present value project.
Explanation:
With the favorable project conditions, the negative NPV will be revised to a positive NPV because the positive conditions will ensure the generation of positive cash inflows. The result is that the project will be assessed as acceptable since the net present value will become positive. Generally, favorable project conditions create outcomes that are positive for the cash flows, thereby generating more positive cash inflows and reducing the impact of cash outflows.
