The right answer for the question that is being asked and shown above is that: "• set marketing objectives." The first step in the process of creating a marketing plan is to <span>set marketing objectives. The group must know the goals and objectives why they are making a business or something.</span>
Answer:
UCL= <u>0.044</u>
LCL=<u>-0.004</u>
Explanation:
Use following formula to calculate the UCL and LCL
UCL = p + z
Where
P = defect rate = 2% = 0.02
z = sigma control chart limit = 3
n = samploe size = 300
PLacing values in the formula
UCL = 0.02+3
UCL = 0.02 + 3 x 0.008082904
UCL = 0.02 + 0.024248711
UCL = 0.044248711
UCL = 0.044
Now calculate LCL using folllowing formula
LCL = p - z
Where
P = defect rate = 2% = 0.02
z = sigma control chart limit = 3
n = samploe size = 300
PLacing values in the formula
LCL = 0.02 - 3
LCL = 0.02 - 3 x 0.008082904
LCL = 0.02 - 0.024248711
LCL = -0.004248711
LCL = -0.004
This is an example of assimilation.
These Asian youths are watching American shows and starting to include the behaviors they see into their own everyday lives. They are assimilating into the culture they are observing, which can be either a good thing or a bad thing, depending on the level of assimilation.
Answer:
If compounded weekly =
No of weeks in a year=52
N= 52
EAR= (1+I/N)^N -1
=(1+0.12/52)^52 -1
=0.127=12.7% EAR
If compounded semiannually
N= 2
EAR= (1+0.13/2)^2 -1
=13.42%
It is better to borrow at 12% compounded weekly as the EAR is lower than 13% compounded semi annually.
Explanation:
Answer:
Government spending would have to change by <u>$1.6 billion</u>
Explanation:
The marginal propensity to consume (MPC) refers to the proportion of an increase in aggregate income that is spent on consumption of commodities by a consumer.
Since from the question, we have:
MPC = Marginal propensity to consume = 0.75
The MPC can therefore be used to calculate the fiscal multiplier which measures the effect of government spending on real GDP as follows:
Fiscal multiplier = 1 / (1 - MPC) = 1 / (1 - 0.75) = 1 / 0.25 = 4.0
Therefore, we have:
Change in government spending = Fiscal multiplier * Amount of targeted increase real GDP = 4.0 * $400 million = $1.6 billion
Therefore, government spending would have to change by <u>$1.6 billion</u> to generate $400 million increase in real GDP.