Answer:
D
Explanation:
The action being used here is the psychological pricing action.
It tends to appeal to the buying reasoning of the buyer. In this system of pricing, the prices of goods are intentionally placed using odd figures. This is because, it is believed that setting prices at these type of price ranges have a psychological effect on the consumer
The 0.01 cent difference would appeal to the psychological thinking of the consumer, thereby making him purchase the goods which in fact is same price when looked at technically
All in all, the pricing system is looking to make the buyer take a decision which will favor the seller as the fractional bits taken off the price would appear to the customer as if he’s purchasing at a lesser price which is technically not so
Banker's draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
<h3>What is bank draft?</h3>
Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.
It can also be brought to another bank for remittance, it serves as evidence for transactions.
Therefore, a banker draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
Learn more on bank's draft here,
https://brainly.com/question/6906511
Demystifying the NBTs | National Benchmark Test Project.
Answer:
a. Who are we? Who will we become?
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Value.
II. Vision.
III. Mission.
A mission statement is typically a description of the overall goal or purpose for which an organization was established and what it hopes to achieve in the future.
Hence, the question of Who are we? and Who will we become? describes the mission of an organization.
Answer:
The answer is: You should invest in Project B since it has a higher NPV ($12.65) than Project A ($12.04)
Explanation:
Using an excel spreadsheet we can determine the net present value (NPV function) of the cash flows associated with each project.
<u>Project A</u> <u>Project B</u>
40 30
50 30
60 30
0 30
discount rate for both projects = 15%
NPV Project A's cash flows = $112.04 minus the amount invested (100) = $12.04
NPV Project B's cash flows = $85.65 minus the amount invested (73) = $12.65
