<span>In an effort to determine that demand for sunglasses we undertook an exhaustive study of two hundred people along with the types of glasses and the most preferable price points that each group, and subgroup were looking for. Out of 200 people we came up with 14 different price points, ranging from 9.95 all the way up to two 249.00 dollars. We also took into consideration the time of year, it was spring. Also we developed a demand curve based on the time of year and a any new styles that might become popular and developed a formula for refining any demand considerations.</span>
Answer and Explanation:
The computation is shown below:
Given that,
Price = $97.75
Time = 182 days
Face value = $100
Based on the above information
1) bank discount rate is
= (Face value - price) ÷ Face value × 365 / Time
= ($100 - $97.75) ÷ 100 × (365 / 182)
= 0.0225 × 2.005494
= 0.0451 (or) 4.51%
2) equivalent yield to maturity
= (Face value ÷ price)^365 ÷ Time - 1
= ($100 ÷ $97.75)^365 ÷ 182 -1
= 0.04669 (or) 4.66%
Answer:
Total Quality Management
Explanation:
Total Quality Management is an approach in which all the employees of the company work to improve the entire process to offer a good customer experience. According to this, the answer is that the term that means managing the entire organization so that it excels on all dimensions of products and services that are important to customers is Total Quality Management.
