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3 years ago

Define a SMART goal for your own team

Business

1 answer:

Yanka [14]3 years ago

5 0

Answer:

<h3>To make sure your goals are clear and reachable, one should consider setting SMART goals (Specific, Measurable, Achievable, Relevant, and Timely</h3>

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Toward the end of the fiscal year, the owner of a small company came back from lunch concerned because he had learned that a bus

Natasha2012 [34]

Answer:

The Competitive-parity method

Explanation:

The competitive parity method refers to an advertisement expense budgeting method wherein, a firm budgets or plans it's own advertisement expenditure which is based upon the estimated advertisement expenditure of it's competitors.

Under the method, the budget allocated for advertisement by a firm is set at par with those of the competitors.

The drawback of such a method being it's assumption of all firms having same marketing objectives. Also herein, if the competitor commits a mistake w.r.t it's budget, consequently the same mistake shall accrue to the firm following it.

In the given case, the owner learnt of his competitor's advertisement budget being $150,000, post which he immediately set the budget of his own company as $150,000. The method of promotional budgeting conveyed here is, the competitive-parity method.

4 0

3 years ago

Consists of people, equipment, and procedures to gathr, sort, analyze and distribute needed, timely and accurate information to

AlekseyPX

Marketing information systems (MIS) consists of people, equipment, and procedures to gathr, sort, analyze and distribute needed, timely and accurate information to marketing decision makers

4 0

4 years ago

If a 15% change in price results in a 20% change in quantity supplied, then the price elasticity of supply is about a. 0.75, and

Nata [24]

Answer:

The correct answer is option b.

Explanation:

The price elasticity of supply shows the impact of change in price level on the quantity demanded of the good.

It is calculated by the ratio of percentage change in quantity supplied to percentage change in price level.

The percentage change in price level is= 15%

The percentage change in quantity supplied is= 20%

The price elasticity of supply will be

=% change in quantity/% change in price

=20%/15%

=1.33

Since, the elasticity is higher than 1 it means supply is elastic.

So, option b is the correct answer here.

7 0

3 years ago

IBM wants to issue new 20-year bonds. The company currently has 8.5 percent bonds with face value of $1000 on the market that se

alexandr1967 [171]

Answer: 8.62%

Explanation:

Based on the information given, the coupon rate on the new bonds if the firm wants to sell them at par will be calculated thus:

The following information can be gotten from the question:

Par Value = $1,000

Current Price = $994

Time to Maturity = 7 years

Annual Coupon Rate = 8.50%

Semiannual Coupon Rate = 8.50%/2 = 4.25%

Semiannual Coupon = 4.25% × $1,000 = $42.50

Semiannual Period to Maturity = 7/½ = 14

Let the semiannual Yield to maturity be represented by x Therefore,

994 = 42.50 × PVIFA(x, 14) + 1,000 × PVIF(x, 14)

Then, we'll use the financial calculator where,

N = 14

PV = -994

PMT = 42.50

FV = 1000

Based on this, the value of x will be 4.308%.

Since the Semiannual YTM is 4.308%, then the Annual YTM will be:

= 2 × 4.308%

= 8.616%

= 8.62%

Therefore, the coupon rate should be 8.62%

8 0

3 years ago

What is designed to enlarge the market and economic basis of the countries involved

AlekseyPX

Answer:

Economic integration

Economic integration is the unification of economic policies between different states, through the partial or full abolition of tariff and non-tariff restrictions on trade.

The trade-stimulation effects intended by means of economic integration are part of the contemporary economic Theory of the Second Best: where, in theory, the best option is free trade, with free competition and no trade barriers whatsoever. Free trade is treated as an idealistic option, and although realized within certain developed states, economic integration has been thought of as the "second best" option for global trade where barriers to full free trade exist.

Economic integration is meant in turn to lead to lower prices for distributors and consumers with the goal of increasing the level of welfare, while leading to an increase of economic productivity of the states.

4 0

3 years ago

Define a SMART goal for your own team​

Define a SMART goal for your own team