Scott's suggestion that his boss adds snow removal as an extra service shows Scott acting on intuition.
Intuition is a product of inventiveness, especially when one has creative skills for bringing out solutions to ensure success.
Scott was not acting in hindsight because he had not engaged in snow removal before. Scott did not suggest based on minority dissent since there is no opposing suggestion from the majority.
Similarly, Scott was not acting on a sudden reaction, which suggested that the boss required a business idea from Scott.
Thus, Scott was acting on intuition when he suggested to his boss embrace snow removal as an extra service with potential.
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Answer:
<u>A Strategic Alliance</u>
Explanation:
A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.
It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.
The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.
Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.
In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.
Answer:
b. $2.50
Explanation:
Dividend paid = 45%*12,50,000
= $562500
dividend per share = 562500/225000
= $2.50
Therefore, The dividend per share should it declare is $2.50
Answer:
Annual deposit= $26,344.36
Explanation:
Giving the following information:
The interest rate is 7 percent per year.
He wants to have enough money to provide him with $3,000 of monthly income for 30 years. To date, he has saved nothing, but he still has 20 years until he retires.
First, we need to calculate the total amount of money required:
Final value= 3,000* (30*12)= $1,080,000
Now, we can calculate the annual deposit:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
FV= 1,080,000
i= 0.07
n= 20
A= (1,080,000*0.07) / [(1.07^20) - 1]= $26,344.36
- The preparation of the incremental analysis of Twilight hospital is presented below:
<u>Particulars Retain scanner Replace scanner Net income </u>
Annual
operating cost $318,000 $243,000 $75,000
($106,000 × 3) ($25,000 × 3)
New
scanner cost $110,000 -$110,000
Old scanner salvage -$45,500 $45,500
Total $318,000 $307,500 $10,500
In this way, the incremental analysis should be prepared.
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