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iragen [17]
2 years ago
11

What is a Need and Want and give some examples

Business
2 answers:
Allushta [10]2 years ago
5 0

Answer:

A need is something thought to be a necessity or essential items required for life. Examples include food, water, and shelter. A want is something unnecessary but desired or items which increase the quality of living. Examples include a car stereo, CD's, car, and designer clothes.

Explanation:

Alex73 [517]2 years ago
5 0
Hello friend! so a need is obligation you absolutely must have this, like they say a need is something you cannot live without an example water, a want is a unbearable act. as we contrast a want and a need they are very different but a need is a required measure.
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Suppose the real risk-free rate is 3.50% and the future rate of inflation is expected to be constant at 2.20%. What rate of retu
muminat

Answer:

1.27%

Explanation:

Rate of return = [(1+real risk free rate)/(1+inflation rate)]-1

real risk free rate = 3.5%

inflation rate = 2.20%

Therefore Rate of return = [(1+ 3.5%)/(1+2.20%)]-1

=1.27%

5 0
3 years ago
Transferring a strategic plan into a reality can take more than planning. Provide an example of a leader who has transformed a s
vladimir1956 [14]

Explanation:

Strategic planning is essential for a company to be well positioned in the market and achieve success. However, more than planning, it is necessary to carry out the actions that will lead the company to achieve its objectives.

An example of a leader who knew how to effectively execute his strategies and make his company globally recognized was Steve Jobs. He wanted to create pioneering products in technological innovation and that at the same time had a focus on the needs and desires of the consumer, in addition to the central functionalities, Apple devices combined characteristics that differentiated them from their competitors, bringing a whole concept behind the brand, combining technology, innovation, design and other elements that transfer value to the product and position the brand in the market.

The greatest examples of business that can be learned from Steve Jobs is to keep the focus on innovation and customer loyalty, combining simplicity for the use of computers and cell phones with a high quality that has become a reference.

7 0
3 years ago
Mary Smith took a car loan of $33,000 to pay back in 36 monthly installments at an interest rate of 18%. Compute the loan balanc
DaniilM [7]

Answer:

$13,013

Explanation:

Mary's monthly payment = principal / PV annuity factor

principal = $33,000

PV annuity factor, 1.5%, 36 periods = 27.6607

monthly payment = $33,000 / 27.6607 = $1,193.0284 ≈ $1,193.03

I prepared an amortization schedule using excel to determine the loan balance after the 24th payment = $13,013

Download pdf
3 0
2 years ago
Following is information about consulting jobs for a company that is increasing in sales, but has not yet become profitable. The
Murljashka [212]

Answer:

I gotta read that whole thing dang hold on!

3 0
2 years ago
The returns on the common stock of Maynard Cosmetic Specialties are quite cyclical. In a boom economy, the stock is expected to
Maru [420]

Answer: 12.51%

Explanation: Probability of normal = 100 - (35+10)=55%

Expected return = Respective return*Respective Probability

= (22*0.1)+(9*0.55)+(-14*0.35) = 2.25%

When

(a) Return = 22% , Probability = 0.1

\therefore Probability\times (Return-Expected Return)^2

0.1\times(22-2.25)^2=39.006

(b) Return = 9%, Probability = 0.55

\therefore Probability\times (Return-Expected Return)^2

0.55\times(9-2.25)^2=25.05

(b) Return = -14%, Probability = 0.35

\therefore Probability\times (Return-Expected Return)^2

0.35\times(-14-2.25)^2=92.42

Total=156.48%

Standard deviation= [Total Probability \times (Return-Expected Return)^{2}\div Total probability]^{1/2}

Standard deviation = 12.51%

3 0
3 years ago
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