Answer:
number of periods = 8 years.
Explanation:
We know,
Future Value = Present value × 
Here,
Present value = PV = $2,500
Future value = FV = $3,500
Interest rate (Compounding) = 5% = 0.05
We have to determine how many years (Periods) it will take, n = ?
Putting the values into the above formula,
$3,500 = $2,500 × 
or, = $3,500 ÷ $2,500
or, n log 1.05 = 1.4
or, n × 0.17609 = 1.4
or, n = 1.4 ÷ 0.17609
Therefore, number of years = 7.95 or 8 years.
<span>In the past ten years, the largest amount of growth has been seen in the expenditure on services. For example, in the period 2014-5, that expenditure grew by 3.4%. Comparatively, the other components of household expenditure showed relatively modest differential gains during the last 10-year period.</span>
A matrix structure is an organizational structure that assigns specialists from different functional departments to work on one or more projects.
<h3>
What is a matrix?</h3>
- Teams in a matrix organization report to several leaders inside the business.
- The matrix structure promotes open communication between teams and can assist businesses in producing more creative goods and services.
<h3>What is an organizational structure?</h3>
- An organizational structure outlines how tasks are assigned, coordinated, and overseen in order to achieve organizational objectives.
- The basis upon which standard operating procedures and routines are built is provided by organizational structure.
- It decides who gets to take part in what decision-making procedures and how much their opinions influence the organization's activities.
- The lens or perspective that people use to perceive their organization and its surroundings is known as the organizational structure.
Therefore, a matrix structure is an organizational structure that assigns specialists from different functional departments to work on one or more projects.
Know more about organizational activities here:
brainly.com/question/4269555
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Answer:
The correct answer is B
Explanation:
Utilitarian approach or method is the approach which assesses or analyze the actions in terms of the outcomes or results, that is the net costs and the benefits to all the stakeholders on individual level.
This approach aspire or attempt to accomplish the greatest good for the numbers when creating the least amount for preventing the suffering of the greatest amount.
So, the shop uses or practice the approach of utilitarian as it will provide them the extra one million dollar to put it in the marketing.
