These illustrations highlight the influence of competitive elements as a component of the external environment.
<h3>Is competition a part of the external environment?</h3>
By definition, the external environment includes all external forces and influences that have an impact on how businesses operate. Competitive, political, technological, and economic issues are included in the business environment variables.
<h3>What does external competition entail?</h3>
A business competes and operates in a dynamic external system known as a competitive environment. The marketplace in which you compete will be more competitive the more vendors there are of a given good or service.
<h3>Which elements influence the competitive environment?</h3>
From a microeconomics perspective, there are five fundamental variables that might affect competition: the characteristics of the product, the number of sellers, entrance barriers, the accessibility of information, and location.
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Answer:
A budget is a financial plan used to estimate future income and expenses. The budgeting process may be carried out by individuals or by organizations. Budgets help an entity determine whether it can continue to operate with its projected income and expenses.
Explanation:
thank me later
The answer to this question is: engagement
In business terms, engagement refers to The emotional commitment that each employee has towards the company where they work.
Company with high engagement level often produce more employees that willing to take initiative and sacrifices in order to obtain company's goals
Answer:
4.51%
Explanation:
First, find the yield to maturity(YTM) of the bond; this would be the pretax cost of debt.
Using a financial calculator, input the following;
Face value of the bond ; FV = 1000
Semiannual coupon payment; PMT = (8%/2)*1000 = 40
Present value of bond; PV = -1050
Time to maturity; N = 20*2 = 40 semiannual payments
then compute semi-annual interest rate ; CPT I/Y = 3.756%
The pretax cost of debt = 3.756% *2 = 7.51%
After tax-cost of debt is used for WACC calculation and is therefore as follows;
7.51%(1-0.40) = 4.51%
