Leila's action is an example of delegation. Delegation is being defined as a responsibility by which it is being assigned to another person by means of having to carry out a specific duty. This is considered to be a core concept in regards to the management leadership.
Answer:
The CEO concluded that the youth market segment was not being served and for that reason he decided to fill that niche in the business by creating a business plan that took it into account.
Explanation:
A market niche is a marketing term used to refer to a portion of a market segment in which individuals possess homogeneous characteristics and needs, and the latter are not entirely covered by the general market offer.
The market niche is based on recognizing in the segmentation a new business opportunity arising from unsatisfied needs and then being economically exploited by a company, but it may also be because there are not enough companies to supply that need. As for a niche market we must understand certain basic things to be able to have a fruitful activity, one of those is that this must be broad enough to derive a business from it and another aspect to consider is that we must know if there is something competition, the latter is not necessarily something negative since we will know that there is already a public and therefore a demand.
Answer:
The present value of the promised gift will:
be less than $5,000.
Explanation:
The present value of $5,000 to be received in three years' time from today is less than $5,000 received. This is explained by the time value of money concept. If the $5,000 gift is discounted to today's value, using a discount factor of 0.751 (10% in three years' time), it would be $3,755 ($5,000 * 0.751). This means that $5,000 received in year 3 is less than $5,000 received today.
Answer:
Check the explanation
Explanation:
Year Cash flows Present value at 12% Cumulative Cash flows
0 (260) (260) (260)
1 75 66.96 (193.04)
2 105 83.71 (109.33)
3 100 71.18 (38.15)
4 50 31.78 (6.37)(Approx).
therefore: the discounted Payback period=Last period with a negative cumulative cash flow+(Absolute value of cumulative cash flows at that period/Cash flow after that period).
Some time is impacted by the way you live with family and friends or in what rank of life style are you in. medium, small or large
