Answer:
Helen decided to rent her shop in this location.
Explanation:
Helen choose to rent her shop in the location where there are many competitors. The competitors are well established branded coffee houses who serve coffee to their customers at very low price. In this situation customers will not move to any new coffee house. So Helen decided differentiating her coffee shop from other coffee houses and she decided to open a coffee shop where there are less or no competitors available.
Answer:
What is it called to keep skills and knowledge up to date?
skills upgrading
Explanation:
Skill upgrading is the act of continuously assessing and improving your skills to match up with current market needs. The business environment is constantly changing with time as new and better ways of doing things emerge. Technology has especially made business faster and better, however more skilled people are needed to apply and interpret technology. Thus upgrading one's skills is very important to ensure that their skill set is relevant to the market and therefor marketable.
Having a skills upgrade can be very beneficial to one's career prospects as follows;
1. Improved marketability
This means that the skills attained can be used to market yourself efficiently. Most employers would want to hire someone with an up to date skill set
2. Better career opportunities
An up-to-date skill set ensures a higher probability of being hired by a company that offers better salary as compared to not having a current skill set.
Answer:
You would restrict access to the information,advise new employees and you would have an agreement with employees abd business partners.
Your interests are activities that you enjoy doing and subjects that you enjoy spending time learning. Are interest. When something interesting, it draws your attention and makes you want to learn more about it: less interesting was discussed.
Interest is the money paid to spend someone else's money. An interesting example is $ 20 in this year's savings account. An example of interest is the $ 2,000 paid on a mortgage this year.
Interest is paid for a lifetime but disappears upon death (especially from the property).
Learn more about interest at
brainly.com/question/16134508
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Answer:
$779,424.31
Explanation:
To determine the maximum initial investment would make the project acceptable, we have to find the present value of the cash flows.
Present value is the sum of discounted cash flows.
Cash flow each year from year 1 to 12 = $104,500
I = 8.2%
Present value = $779,424.31
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
