Explanation:
Options prices, known as premiums, are composed of the sum of its intrinsic and time value. Intrinsic value is the price difference between the current stock price and the strike price. An option's time value or extrinsic value of an option is the amount of premium above its intrinsic value.
Globalization can create more opportunities for marketers but along with that comes more pressure because they must take into account the differing attitudes and values of various country cultures.
What is the purpose of globalization?
With lower operational expenses and a stronger competitive position, globalization aims to give businesses access to more markets for their goods, services, and customers.
What is impact globalization?
As a result of globalization, businesses in less developed nations have better access to bigger and more varied global marketplaces. As a result, companies operating in emerging nations have more access to capital flows, technology, human resources, less expensive imports, and bigger export markets.
How has globalization affected society?
Globalization is linked to quick and major changes in human behavior. The migration of people from rural to urban regions has quickened, and the development of cities, particularly in the developing world, is associated with many people living in inadequate conditions. Domestic violence, social violence, and the disruption of families are on the rise.
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Answer:
$77,000
Explanation:
Direct Labor = $52,350 (Its varies with the number of Production hours). Hence, $52,350 for 3,490 hours
For 3,800 hours, (52,350/3,490) * 3,800 = $57,000
Supervisor Salaries = $20,000 (Since the Supervisor Salary is not an incremental cost, it is a fixed one). So, the Supervisor Salaries remain $20,000
Net budget (flexible) = $57,000 + $20,000
Net budget (flexible) = $77,000
Answer:
customers.
Explanation:
Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
One of the importance associated with good marketing communication (relationship marketing) is that, it improves the image of a business firm. A business firm with a good company reputation or prestige for the sales and production of quality products with an excellent customer relationship can easily introduce new products into the market at a high price without limitations.
Hence, companies use relationship marketing to build and maintain relationships with their customers.
Answer:
$6,000
Explanation:
A deductible is the amount Conor has to pay before his medical bills and prescriptions start getting coverage from his insurance.
Step 1: 10,000 - 2,000 = 8,000
A co-pay is a fixed amount the insured has to pay for certain medical services.
Step 2: 20% of 8,000 or 0.20 times 8,000 = 1,600
Step 3: add $2,000 (the deductible you have to pay) and $1,600 (the co-pay)
Total amount that Conor will have to pay for the hospital: $3,600
