Answer:
Target Marketing
Explanation:
Candy's Clothes is engaging in target marketing because it is tailoring its marketing strategy (and its products) to a specific, narrowly-defined group of people, which can be thought of as the firm's niche.
This strategy is useful when companies have a clear idea of what demographic group they want to sell. Other firms have products with a broader appeal, and therefore, are better off using other marketing strategies that can reach a larger group of people.
Answer:
A) Yes, the employment contract has been breached, but the non-competition agreement has not been breached.
Explanation:
Xuechen signed a three year employment contract which she breached after a short time by quitting her job. The non competition agreement that she signed required her not to work as a chef for another restaurant, but since she is working as a manager, then she didn't breach that contract.
Answer:
10.20%
Explanation:
According to the Gordon constant growth model :
value = D1 / r - g
D1 = next dividend = $4.25
r = required return
g = growth rate = 3%
value = $59
$59 = $4.25 / r - 0.03
4.25 / 59 = r - 0.03
0.072034 = r - 0.03
r = 0.102034
r = 10.20%
Answer:
Evan's business has no credit history.
Explanation:
As Evan has just created the company, it has no record about its ability to pay debt which is important for a bank to give a loan and it will not be willing to approve it if the company has no credit history that shows that it can make the payments. Because of that, it will require Evan to assume personal liability in order to have a guarantee that the loan would be paid back.
If a nation's currency drops in value significantly, the International Monetary Fund could step in and buy the currency so that some stability could occur economically
