Answer:B. Create a lasting competitive advantage.
Explanation: Nike is a world renowned sports wear Company,known for its strategy to create a lasting competitive advantage over other sports wear companies. Nike applies different technologies to improve its market by creating a "market Niche"through the use of information technology to focus on a specialized market, Nike use information technology to differentiate products and provide new products and services to its customers. Nike have different Apps that has enhanced its competitive advantage such as Nike+ devices, Nike+ running app etc.
Answer:
The amount to be invested today is $3604.78
Explanation:
This is a case of an ordinary annuity,to calculate the present value, the below formula is made used of:
PV=A*(1-1/(1+r)^N)/r
A is the annuity payment of $1000 for 5 years
r is the rate of return on the annuity of 12%
N is the duration of the annuity payment , that is 5years
PV=$1000*(1-1/(1+12%)^5)/12%
PV=$3604.78
In essence, in order to receive $1000 every year starting a year today for 5 years, the sum of $3604.78 must be deposited today at rate of return of 12% per year.
The amount required would be been different if the first payment of $1000 is due today
Answer:
Option E is correct
The price of the sandwich to maintain the same level of profit should be increased by 10%.
Explanation:
Let us assume the prices of condiments, meats and vegetables are all $100 each before the increment. After the the increment, each of them will cost:
100×(1+10%)= $110
The total cost of supplies before the inflation= 100×3= $300
The total of supplies after the increment = 110×3= $330
The rate of inflation = (330/300-1) × 100 =10%
The price of the sandwich to maintain the same level of profit should be increased by 10%
Answer:
declining since 1962 and 1963, when it was 2.20% per annum
