Local languages, the dominant religions, views toward leisure time, and the age and lifespan demographics constitute the sociocultural factors that significantly influence business.
<h3>What is local language ?</h3>
Local Language means the language declared by the concerned State Government as their official language.
There are various type of languages :
- Standard / Polite / Formal.
- Colloquial / Informal.
- Regional Dialect.
- Social Dialect.
- Lingua Franca.
- Pidgin.
- Creole.
- Vernacular.
<h3>What is Sociocultural?</h3>
Sociocultural is a term related to social and cultural factors, which means common traditions, habits, patterns and beliefs present in a population group. The term is mostly used in sociologic and marketing contexts and refers to the most remarkable drivers behind the way people makes decisions in a society.
Therefore, The sociocultural influences that have a considerable impact on business are local languages, the prevalent faiths, attitudes toward leisure, and age and lifespan demographics.
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Answer:
$99,000
Explanation:
The amount of $100,000 will be split between both Tina and the insurer in which the amount of $1,000 will be cover by Tina based on her self-insured retention policy while the insurer on the other hand will cover the remaining amount of $99,000 calculated as ($100,000-$1,000).
Therefore the amount that the insurer will pay under Tina's personal umbrella policy will be $99,000
Answer:
price = $429.25
so correct option is d. $429
Explanation:
given data
face value = $1,000
time = 15 year
rate = 5.8 % = 0.058
to find out
price of bond
solution
we get here price that is express as
price = 
........................1
put here value we get price
price = 
price = $429.25
so correct option is d. $429
Answer:
A and B both are responsible for this result
Answer:
$22,592,593
Explanation:
For the computation of maximum initial cost first we need to follow some steps which are shown below:-
Let equity be 1 so debt = 1 × 0.80
= 0.80
weight of debt = 0.80 ÷ 1.8
= 0.44444
weight of equity = 1 ÷ 1.8
= 0.55556
Now
Cost of capital = (After tax cost of debt × Weight of debt) + (Cost of equity × Weight of equity)
= (5.1 × 0.44444) + (12.3 × 0.55556)
= 2.266644 + 6.833388
= 9.10 %
And,
Adjusted cost of capital is
= 9.1 + 1
= 10.1%
Maximum amount willing to pay = CF1 ÷ (Adjusted cost of capital -G)
= $1,830,000 ÷ (0.101 - 0.02)
= $1,830,000 ÷ 0.081
= $22,592,593
