Choosing a location for a new business is one of the most important decisions entrepreneurs make during the planning phase of launching ventures. The location of a business can affect many aspects of how it operates, such as total sales and how costly it is to run.
Answer:
B. the set of plans for product, price, place, and promotion that the marketer will use
Answer:
Project Manager
Explanation:
Project Manager may be defined as the professional or the personnel in the field of the project management. The responsibility of the project management is to create plans and strategies and execute them to achieve their goals of completing a project under them. The coordination and interaction with the team members is very crucial in project management.
Answer:
a. The depth of a solo practice family practitioner is narrow whereas its breadth can be wide.
b. They have wide depth and breadth.
c. It has narrow depth and breadth.
d. They have narrow depth and narrow breadth.
Explanation:
Depth means number of variants of each product. Breadth means variety of different products offered.
A solo practice family practitioner has limited its practice and decided not to deliver babies. It has narrow breadth whereas depth is high as it can offer counselling service, immediate help to the patient, family planning guidance and so on.
Multi specialty group has wide depth and breadth as it offers group practice at different locations.
An academic medical center will have narrow depth and breadth as there is only medical studies available to the students and they do not have variety of subjects to choose from.
Shouldice Hospital has narrow depth and breadth as it offers only short stay surgeries. They include hernia repair and appendix. Patients with majors surgeries are not welcomed here.
Answer: B. There are two IRRs so you cannot use the IRR as a criterion for accepting the opportunity.
Explanation:
The Internal Rate of Return can be useful in capital budgeting to enable a company know if an investment will be profitable. It is defined as the discount rate that causes the Net Present Value(NPV) to be zero. If the IRR is greater than the required return then the project should be accepted as it will have a profitable NPV.
IRR has some problems however and one of them is reflected here. There can sometimes be two IRRs and when this happens, using IRR as a viability measure cannot be done because a single rate is needed for comparison with the required return.
