The financial analysis component of a business plan is to describe the viability, stability and profitability of a business, sub-business or project.
<span>It is an aspect of the overall business finance function which includes the examining historical data to acquire information about the current and future financial health of a company, business or project.</span>
Answer: Human factor research
Explanation:
From the question, we are informed that a manager of a bank branch is concerned about the number of mistakes the tellers were making, so he started manipulating different aspects of the environment in the bank to see what effect each has on the tellers' performance.
We are further told that he examined factors such as the lighting, temperature, and the volume of the music playing in the bank.
He's using the human factor research approach. Here, the capabilities of human beings are determined through strength, vision, flexibility etc.
Answer:
a. Fishbone Diagram
Explanation:
The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.
The steps involved in the problem-solving process are;
1. Identify and define the problem.
2. Gathering of information.
3. Consider your options.
4. Weigh disadvantages and evaluate a solution.
A Fishbone diagram is also referred to as Ishikawa diagram and it can be defined as a cause and effect diagram that is typically used by managers to identify possible reasons for failure, defect, variation, imperfection, so as to discover the root cause of a problem and proffering the right solution. It was designed and developed by Professor Kaoru Ishikawa in the 1960s.
Cause and effect can be defined as the relationship between two things or events in which an occurrence one (cause) leads to the occurrence of another (effect).
Hence, the following exchange "We pay higher costs than we need to when we go bowling because we don’t own our own equipment." demonstrates the Fishbone diagram.
Answer:
Select the answer that best describes the strategies in this game.
- Both companies dominant strategy is to add the train.
Does a Nash equilibrium exist in this game?
- A Nash equilibrium exists where both companies add a train. (Since I'm not sure how your matrix is set up I do not know the specific location).
Explanation:
we can prepare a matrix to determine the best strategy:
Swiss Rails
add train do not add train
$1,500 / $2,000 /
add train $4,000 $7,500
EuroRail
do not add train $4,000 / $3,000 /
$2,000 $3,000
Swiss Rails' dominant strategy is to add the train = $1,500 + $4,000 = $5,500. The additional revenue generated by not adding = $5,000.
EuroRail's dominant strategy is to add the train = $4,000 + $7,500 = $11,500. The additional revenue generated by not adding = $5,000.
A Nash equilibrium exists because both companies' dominant strategy is to add a train.
Answer: -0.5
Explanation:
Based on the information given, the price elasticity of demand will be calculated as follows:
= dQ/dP × P/Q
where,
dQ/dP = -1
P = 100
Q = 200 – P + 25 U – 50 P beer
Q = 200 - 100 + 25(8) - 50(2)
Q = 200 - 100 + 200 - 100
Q = 200
Therefore, dQ/dP × P/Q
= -1 × (100/200)
= -1 × 1/2
= -1 × 0.5
= -0.5
The price elasticity of demand is -0.5.
