Answer: Operations Management-A
Explanation:
Operations management is the management that uses best business practices to create the highest level of efficiency possible in an organization by converting materials and labor into goods and services in an efficient way to maximize the profit of an organization.
This management handles strategic issues, including determining of process, procedures and implementation in operational issues such as management of inventory levels, raw materials acquisition, quality control, materials handling, and maintenance policies, etc
It is necessary for an operation management to understand the processes that are essential to company and ensure they work together effortless. This involves ensuring the business processes follow an efficient way.
Answer:
Design a FB page and other social media (YT, LinkedIn, etc.) for Decorators Inc. and establish some type of sales promotion for people who like them, e.g. offer discounts.
Explanation:
Young professional use social media a lot and they usually have budget constraints, therefore offering a discount can be very useful.
Answer:
- <em>The cash flow stream from investment X has higher present value than the the cash flow stream from investm Y.</em>
Explanation:
<u></u>
<u>1. Present value of investment X</u>
- Annual payment: C = $4,200
- Number of years: t = 8
- Rate: r = 5%
- PV₁ = ?
Formula:
![PV=C\times [\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}]](https://tex.z-dn.net/?f=PV%3DC%5Ctimes%20%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5Et%7D%5D)
Substitute and compute:
![PV_1=\$ 4,200\times [\dfrac{1}{0.05}-\dfrac{1}{0.05(1+0.05)^8}]](https://tex.z-dn.net/?f=PV_1%3D%5C%24%204%2C200%5Ctimes%20%5B%5Cdfrac%7B1%7D%7B0.05%7D-%5Cdfrac%7B1%7D%7B0.05%281%2B0.05%29%5E8%7D%5D)
<u>2. Present value of investment Y</u>
- Annual payment: C = $6,100
- Number of years: t = 5
- Rate: r = 5%
Formula:
Substitute and compute:
![PV_2=\$ 6,200\times [\dfrac{1}{0.05}-\dfrac{1}{0.05(1+0.05)^5}]](https://tex.z-dn.net/?f=PV_2%3D%5C%24%206%2C200%5Ctimes%20%5B%5Cdfrac%7B1%7D%7B0.05%7D-%5Cdfrac%7B1%7D%7B0.05%281%2B0.05%29%5E5%7D%5D)
Hence, the cash flow stream from investment X has higher present value than the the cash flow stream from investm Y.
Answer:
The total turnover increases
Explanation:
Asset Turnover Ratio is a measure of how efficient the assets of a company is when compared with the company's sales or revenue. To calculate Asset turnover ration, the<u> net sales is set as a percentage of the company's total assets. </u>
The higher the turnover of the asset based on the calculation then the higher the chances that organisation is generating revenue efficiently from its assets. A lower turnover however is the implication that the company is not efficiently using its assets and it could imply some internal issues.
Therefore, the higher the sales without any change in assets means the Asset Turnover will increase or be higher and it will indicate higher efficiency
I believe the answer is: The tax deferred nature.
Investment is considered to has tax deferred nature if the tax payment for the investment can be made years later after its due. This favoured as a retirement plan because it make the investors have more money to spend during the productive years prior to retirement.
