In the first few months of 2021, cargo volumes between Asia and North America increased by 27% compared with pre-pandemic levels. Port throughput in America was 14% higher in the second quarter of 2021 than in 2019. There has been little growth elsewhere: throughput in northern Europe is 1% lower. Yet rates on all routes have rocketed, because ships have set sail to serve lucrative transpacific trade, starving others of capacity. A system that has stretched to its limits is subject to a "cascading effect". Rerouting and rescheduling would once have mitigated the closure of part of Yantian, one of China’s biggest ports, in May and then Ningbo, another port, in August after covid-19 outbreaks. But without spare capacity, that is impossible. All ships that can float are occupied.Empty containers are in all the wrong places. Port congestion puts ships out of service. The average door-to-door shipping time for ocean freight has gone from around 41 days a year ago to 70 days pandemic times. The future levels of demand depends on whether the consumer’s appetite for buying goods and services continues. Although retail sales fell in July, they are still 18% above pre-pandemic levels.But even if consumer demand slackens, firms are set to splurge as they restock inventories depleted by the buying spree and prepare for the holiday season at the end of the year. And there are signs that demand in Europe is picking up. In the midst of uncertainty, one thing remains certain. The industry, flush with profits, is reacting customarily, setting an annual record for new orders for container-ship capacity in less than eight months of this year.But with a two-to- three-year wait, this release valve will not start to operate until 2023. And the race to flood the market may not match torrents of the past. There are far fewer shipyards today. And shipping, responsible for 2.7% of global carbon-dioxide emissions, is under pressure to clean up its act. Tougher regulations come into force in 2023.
Answers
In the first few months of 2021, cargo volumes between Asia and North America have increased significantly by 27% compared to pre-pandemic levels, and port throughput in America has increased by 14% in the second quarter of 2021.
However, the growth has been limited in other regions, such as northern Europe, where throughput is only 1% lower. Despite the increase in cargo volumes, rates on all shipping routes have surged due to a lack of capacity caused by ships serving lucrative transpacific trade, which has put a strain on the system.
The closure of ports due to Covid-19 outbreaks has made matters worse, and rerouting and rescheduling have become impossible because of the lack of spare capacity. The average door-to-door shipping time for ocean freight has also increased significantly, going from around 41 days a year ago to 70 days due to the pandemic.
The future demand for shipping depends on whether consumer demand continues to rise. Although retail sales fell in July, they are still 18% above pre-pandemic levels. Even if consumer demand slows down, companies are still set to restock their inventories depleted by the buying spree and prepare for the holiday season at the end of the year, which may increase demand.
However, the industry is flush with profits and has reacted by setting an annual record for new orders for container-ship capacity in less than eight months of this year. But with a wait of two to three years, this release valve will not start to operate until 2023, and the race to flood the market may not match torrents of the past.
Furthermore, there are fewer shipyards today, and shipping is under pressure to clean up its act since it is responsible for 2.7% of global carbon-dioxide emissions, and tougher regulations come into force in 2023.
Learn more about pre-pandemic levels:
brainly.com/question/25277490
#SPJ11
Related Questions
Describe how to make an electronic payment.
Answers
Answer:
In the explanation. :)
Explanation:
Each bank as similar ways when it comes to making an electronic payment. Once you are in your bank information on your phone or computer, you can set up a payment in the payments/bills section. You add the information to the bill you wish to pay and then you send the amount you want to pay ont he date you schedule it for.
Hope this helps. Have a great weekend.
Parts (a) and (b) of this problem are looking at the Location Quotient technique that is commonly used by real estate market analysts to see how concentrated a particular occupation, industry, demographic group, etc. is in a specific region as compared to a larger geographic area, such as the entire nation. For both parts (a) and (b), show and explain your calculations, and show the numbers that you plugged in to do your calculations. (Hint: Read Chapter 3 of the textbook used in this course, as it will provide insight to location quotients and various NAICS codes and where to find existing location quotients using the (BLS) website. How does this compare to your calculations?
Answers
When comparing calculated location quotients with existing location quotients available from the BLS website, the results may vary due to different time periods, data sources, and methodology.
The location quotient (LQ) technique is used to measure the concentration of a specific occupation, industry, or demographic group in a particular region as compared to a larger geographic area, such as the entire nation.
It is calculated as the ratio of the proportion of employment in a particular region for a specific industry or occupation to the proportion of employment in that industry or occupation for the larger geographic area.
The formula for calculating the location quotient is:
LQ = (Employment in region for a specific industry or occupation / Total employment in the region) / (Employment in the larger geographic area for the same industry or occupation / Total employment in the larger geographic area)
A location quotient of 1 indicates that the industry or occupation has the same level of concentration in the region as in the larger geographic area. A location quotient greater than 1 indicates a higher concentration in the region, while a location quotient less than 1 indicates a lower concentration in the region.
To calculate the location quotient, one needs to know the employment figures for the specific industry or occupation for both the region and the larger geographic area. These figures can be obtained from government agencies like the Bureau of Labor Statistics (BLS).
When comparing calculated location quotients with existing location quotients available from the BLS website, the results may vary due to different time periods, data sources, and methodology. However, the general interpretation of the location quotient remains the same.
Learn more about location quotients: brainly.com/question/13716346
#SPJ11
list any four other branches of finance apart from public finance
Answers
Finance is a vast field that encompasses various sub-fields or branches, each dealing with a specific aspect of the financial system.
Apart from public finance, there are numerous other branches of finance that individuals, businesses, and governments can utilize. Some of the most common branches of finance include: 1. Corporate finance - This branch of finance deals with financial management within organizations, such as budgeting, investment decisions, and financial risk management. 2. Personal finance - Personal finance is focused on helping individuals manage their finances, including budgeting, retirement planning, and investment management.
3. Investment finance - Investment finance is focused on analyzing and managing various types of investment opportunities, including stocks, bonds, and real estate. 4. International finance - International finance deals with financial transactions between different countries, such as foreign exchange rates, international trade, and global investment opportunities. In summary, finance is a broad field that encompasses various branches, including corporate finance, personal finance, investment finance, and international finance.
Learn more about public finance from here:
https://brainly.com/question/17702586
#SPJ11
What are examples of keys in a database's second normal form? Check all that apply turn key, foreign key, primary key, multiple key, composite key, composition key.
Answers
Answer: 2, 3, and 5
Explanation:
Answer:
foreign key, primary key, composite key
Explanation:
Over five quarters, revenue generated by Alpha Enterprises was: 10, 14, 12, 16, 20. Using the exponential smoothing technique, calculate smoothed values for the 2nd, 3rd, 4th, and 5th quarters given that
a = 0.5: a. 12, 13, 14, 18
b. 12, 12, 14, 17
c. 12, 14, 16, 18
d. 12, 14, 16, 20
Answers
To calculate the smoothed values using exponential smoothing, we start with the first observed value and then apply the smoothing formula:
k
Smoothed Value = α * Current Value + (1 - α) * Previous Smoothed Value
Given the following revenue values: 10, 14, 12, 16, 20 and α = 0.5, we can calculate the smoothed values for the 2nd, 3rd, 4th, and 5th quarters as follows:
1st Quarter: Smoothed Value = 10 (Since it's the first observed value)
2nd Quarter: Smoothed Value = 0.5 * 14 + 0.5 * 10 = 12
3rd Quarter: Smoothed Value = 0.5 * 12 + 0.5 * 12 = 12
4th Quarter: Smoothed Value = 0.5 * 16 + 0.5 * 12 = 14
5th Quarter: Smoothed Value = 0.5 * 20 + 0.5 * 14 = 17
The smoothed values for the 2nd, 3rd, 4th, and 5th quarters are: 12, 12, 14, 17.
The correct answer is option b: 12, 12, 14, 17.
Learn more about smoothed values here:
https://brainly.com/question/16931886
#SPJ11
Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in this phase? In the initiation phase, Samantha’s team needs to clarify the project’s and justify it.\]\\
Answers
Answer:
The Initiation Phase is the stage of the project lifecycle in which the project proposal is conceived, assessed, and then approved for implementation by the Project Sponsor and the Vice Chancellor/Chief Information Officer. A formal project discovery process documents and reviews the project justification, important deliverables, risks, projected cost and resource needs, and other project information.
The team is supposed to agree on a project vision, set primary targets, and justify the initiative. Examine project charters, project change procedures, and past project experience gained; determine all project stakeholders and define service/product owners, project team member roles and duties, resources needed, cost estimates, and a general schedule. By developing the project charter and receiving Project Sponsor agreement to proceed with detailed planning.
Jim asked Gina if she wanted a contemporary or traditional style couch. Why was that the wrong question to ask?
a) He should have been able to tell Gina's tastes from the way she dressed.
b) He limited Gina's choices before she had really considered them.
c) He made Gina feel like she did not have good taste in furniture.
Answers
Answer:
B
Explanation:
Consider the following Extended Form Game: What is the Subgame Perfect Nash Equilibria? {(B,(A′,B′)),(B,(B′,B′))} (B,(B′,B′)) {(B,B′)} {(B,(B′,A′)),(B,(B′,B′))} Consider the following Extended Form Game: What is the payoff that player 1 derives from the strategy {B,(A′,A′)} ? 4 1 3 5
Answers
Given an extended-form game with the corresponding strategies of players as given below:{(B,(A′,B′)),(B,(B′,B′))} (B,(B′,B′)) {(B,B′)} {(B,(B′,A′)),(B,(B′,B′))}Now, to find the Subgame Perfect Nash Equilibria (SPNE), we will find the Nash equilibria of the sub-games and then find the combination of strategies which will form a Nash Equilibrium in the original game.
The sub-games are:(B,(A′,B′)) and (B,(B′,B′)):(B,(A′,B′)) has a unique Nash Equilibrium (NE) (B,A′) which is not a sub-game perfect Nash Equilibrium (SPNE) because it does not form Nash Equilibrium in the (B,(B′,B′)) sub-game.{(B,(A′,B′)),(B,(B′,B′))} does not have any Nash Equilibrium.(B,(B′,B′)):It has a unique NE (B,B′) which is SPNE because it also forms the Nash Equilibrium in the original game.{(B,B′)}:It has a unique NE (B,B′) which is SPNE because it is the Nash Equilibrium in the original game.{(B,(B′,A′)),(B,(B′,B′))}:(B,(B′,A′)) has a unique NE (B,A′) which is not SPNE because it does not form a Nash Equilibrium in the (B,(B′,B′)) sub-game.(B,(B′,B′)) has a unique NE (B,B′) which is also the NE of the original game and hence SPNE.
Therefore, the SPNE of the given game is {(B,B′)} {(B,B′)}.The given game's payoffs for player 1 when he chooses the strategy {B,(A′,A′)} can be calculated as follows:{(B,(A′,B′)),(B,(B′,B′))} (B,(B′,B′)) {(B,B′)} {(B,(B′,A′)),(B,(B′,B′))}The path chosen by player 2 is (B′,A′), which means player 1 receives 4 as his payoff.
So, the correct answer is 4.
To know more about Strategies visit
https://brainly.com/question/33106222
#SPJ11
rocky mountain bottling company produces a soft drink that is sold for a dollar. at production and sales of 1,000,000 units, the company pays $700,000 in production costs, half of which are fixed costs. at that volume, general, selling, and administrative costs amount to $300,000, of which $50,000 are fixed costs. what is the amount of contribution margin per unit?
Answers
The difference between the selling price per unit and the variable cost per unit is the contribution margin per unit. In the breakeven analysis, which is also known as the cost-volume-profit analysis.
This is used to calculate the breakeven point.
How is commitment edge determined?
Commitment edge is determined as Income - Variable Expenses. The commitment edge proportion is determined as (Income - Variable Expenses)/Income
What is commitment edge versus gross edge?
Commitment edge considers just the variable expenses of making an item or administration, while gross edge thinks about all immediate expenses of creation.
First, figure out all of the variable costs.
($800,000 x 0.50) plus (250,000 - 70,000) equals $580,000 in variable costs.
To learn more about contribution margin here:
https://brainly.com/question/29534784
#SPJ4
question number 1) when peter van stolk started selling his soda to young hip kids at skate shops and comic book stores, he was focusing his marketing efforts toward which of the following?
Answers
Peter Van Stolk's decision to focus his marketing efforts on a niche market was a smart move that helped to differentiate his product and establish a loyal following. So, option (a) is correct.
When Peter Van Stolk started selling his soda to young hip kids at skate shops and comic book stores, he was focusing his marketing efforts toward a niche market. A niche market is a specific group of individuals with unique preferences, needs, or interests.
In this case, the niche market was young people who identified with the skateboarding and comic book culture.
Van Stolk understood that these individuals were looking for unique products that spoke to their interests and lifestyle. By targeting this niche market, he was able to create a loyal following that appreciated his product and became brand advocates. This strategy allowed him to differentiate his product from other sodas on the market and build a strong brand identity.
Focusing on a niche market can be a highly effective marketing strategy for small businesses. It allows companies to establish a strong foothold in a specific market segment and gain a competitive advantage. Additionally, targeting a niche market can help companies to develop unique products and services that speak directly to the needs of their customers.
So, option (a) is correct.
The complete question is:
"When Peter van Stolk started selling his soda to young hip kids at skate shops and comic book stores, he was focusing his marketing efforts toward which of the following?
(a) niche market
(b) oligopoly
(c) monopoly
(d) all of the above"
Learn more about niche market:
https://brainly.com/question/29381819
#SPJ11
A manufacturer of sprinkler systems used for fire protection in office buildings claims that the true average system-activation temperature is 130°. A sample of n = 9 systems, when tested, yields a sample average activation temperature of 131.08°F. If the distribution of activation times is normal with standard deviation 1.5°F, does the data contradict the manufacturer’s claim at significance level α=.01?
Answers
Based on the test, there is not enough evidence to contradict the manufacturer's claim that the true average system-activation temperature is 130°F at a significance level of α = 0.01.
To determine whether the data contradicts the manufacturer's claim about the average system-activation temperature, we can perform a hypothesis test. Given a sample size of n = 9, a sample mean activation temperature of 131.08°F, a known standard deviation of 1.5°F, and a significance level of α = 0.01, we can proceed as follows:
Formulate the null and alternative hypotheses:
Null hypothesis (H0): The true average system-activation temperature is equal to 130°F.
Alternative hypothesis (H1): The true average system-activation temperature is not equal to 130°F.
Determine the test statistic:
We will use a t-test since the population standard deviation is known and the sample size is relatively small (n = 9). The formula for the t-test is:
t = (x - μ) / (s / sqrt(n))
where x is the sample mean, μ is the hypothesized population mean, s is the population standard deviation, and n is the sample size.
Calculate the test statistic:
t = (131.08 - 130) / (1.5 / sqrt(9))
= 1.08 / (1.5 / 3)
= 1.08 / 0.5
= 2.16
Determine the critical value:
Since we have a significance level of α = 0.01 and a two-tailed test, we need to divide the significance level by 2 to obtain α/2 = 0.005. Using a t-distribution table or statistical software, we can find the critical t-value with 8 degrees of freedom (n-1 = 9-1 = 8) to be approximately ±3.355.
Compare the test statistic and critical value:
Since the absolute value of the test statistic (2.16) is less than the critical value (3.355), we fail to reject the null hypothesis.
Interpret the results:
The sample data does not provide significant evidence to suggest that the claim is false.
It's important to note that while the sample mean activation temperature is slightly higher than the claimed value, the difference is not statistically significant given the sample size and standard deviation. However, it's always recommended to consider additional factors such as the practical significance, sample representativeness, and the potential consequences of any decision based on the hypothesis test results.
Learn more about Null hypothesis at: brainly.com/question/30821298
#SPJ11
Which of the following is the best way to make sure you have good customer retention?
A. Give coupons to new customers
B. Provide good customer service
C. Offer Internet sales
D. Use sales quotas
Answers
Answer:
B. Provide good customer service
Explanation:
Customer service refers to taking care of customers' needs by providing timely, professional, and useful assistance to the customer at all times. It involves addressing customer concerns by providing meaningful support when required.
Customer service entails a one-on-one interaction with a client. The customer service agent must portray a genuine willingness to support the customer. They need to demonstrate passion for work and customers throughout the interaction. Good customer service create loyal customers.
What are some benefits of paying taxes? Check all that apply.
ensuring that the needs of the nation are fulfilled
paying for public works such as highways and museums
reducing the amount of money consumers can spend
slowing growth in the economy
paying for government programs that help citizens
Answers
Answer:
A,B,E
Explanation:
got it right on test
Answer:
a b e
Explanation:
right on edge
A sales manager for an advertising agency believes that there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. What is the independent variable
Answers
The independent variable in this scenario is the number of contacts made by the salesperson.
It is the variable that is being manipulated by the salesperson to observe its impact on the dependent variable, which is the amount of sales dollars earned.
The sales manager believes that by increasing the number of contacts made by the salesperson, there will be a corresponding increase in the amount of sales dollars earned. Therefore, the sales manager is likely to encourage the salesperson to make more contacts to test this hypothesis.
By studying the relationship between these two variables, the sales manager can identify the optimal number of contacts required to generate the highest amount of sales revenue and create a successful sales strategy.
Learn more about salesperson at https://brainly.com/question/28132821
#SPJ11
Help plz , needs to be turned in
Answers
Answer:that should be based on your class and teacher try checking your syllabus
Explanation:
accounts automatially reated by quickbooks when you choose an inventory item part in the new item windows is called____
Answers
Accounts automatically created by QuickBooks when you choose an inventory item part in the new item window are called Inventory Asset accounts.
When you select an inventory item part in the new item window of QuickBooks, the software automatically creates and associates an Inventory Asset account with that item. The Inventory Asset account is used to track the value of the inventory items on the balance sheet. It represents the cost of the inventory that the company holds for sale. As transactions related to the inventory items are recorded, such as purchases, sales, and adjustments, QuickBooks automatically updates the Inventory Asset account to reflect the changes in the inventory's value. This allows businesses to have an accurate representation of their inventory's worth and helps in managing inventory levels, cost of goods sold, and overall financial reporting. By automatically creating and using the Inventory Asset account, QuickBooks simplifies the process of tracking and managing inventory for businesses using its software.
learn more about Inventory Asset here:
https://brainly.com/question/28814343
#SPJ11
an act or course of action that is required by one on the basis of moral position is termed ______________________.
Answers
An act or course of action that is required by one on the basis of moral position is termed "obligation".
Ethical obligations refer to the duties or responsibilities that individuals or organizations have to act in accordance with moral principles and values.
These obligations are guided by a sense of right and wrong, and they often involve making decisions or taking actions that align with ethical standards and promote the well-being of others. Ethical obligations can vary depending on the context and the specific moral framework or code of conduct that individuals or organizations adhere to.
It involves making decisions and taking actions that are consistent with ethical standards and values. Ethical obligations arise from a sense of moral duty and responsibility towards others, society, or a specific moral code. These obligations guide individuals and organizations to consider the ethical implications of their choices and strive to do what is right or morally justifiable.
To know more about obligation visit-
brainly.com/question/29437673
#SPJ11
what is double entry in financial accounting
Answers
Answer:
method of recording transactions where for every business transaction, an entry is recorded in at least two accounts as a debit or credit. In a double-entry system, the amounts recorded as debits must be equal to the amounts recorded as credits.
True or false: japan generally runs a significant trade surplus because of the structural barriers against imports into japan
Answers
The statement, Japan generally runs a significant trade surplus because of the structural barriers against imports into Japan, is true.
As Japan's savings rate is high relative to Japan's domestic investment, Japan generally runs a trade surplus. Thus, the result is high net capital outflow which is matched by high net exports, resulting in a trade surplus.
Japan's overall trade surplus is the result of its exports in the scientific and optical equipment, rubric machinery, semiconductors, electronic parts, and telecommunications equipment. Now the current account surplus has been shrinking for four fiscal years in a row.
Hence, in 2019, Japan reported the biggest trade surpluses with different countries.
To learn more about trade surplus here:
https://brainly.com/question/1930187
#SPJ4
public accountants do not offer which of the following services
Answers
Public accountants do not offer legal representation.
Public accountants provide a range of services to their clients, including financial statement audits, tax preparation and planning, and consulting services.
However, there is one service that public accountants typically do not offer, and that is legal representation as they are not licensed or trained to provide legal services, such as representing clients in legal proceedings or offering legal advice on matters outside the scope of accounting and taxation.
Legal representation requires specialized knowledge of the law, including statutes, regulations, case precedents, and courtroom procedures.
This falls within the domain of lawyers and attorneys who have completed legal education and hold the necessary qualifications to practice law.
While public accountants may work closely with attorneys and provide financial information or analysis to support legal cases, they do not act as legal representatives or offer legal opinions themselves.
They focus primarily on financial reporting, compliance with accounting standards, tax compliance, and providing financial advice and analysis.
To know more about public accountants refer here:
https://brainly.com/question/31824404#
#SPJ11
To some people, speaking in public is not a stressor.
A. True B. False
Answers
Answer:
A. true
Explanation:
because of their experiences
Answer:
A. true
Explanation:
Abc purchased equipment that costs 120000 $.it had an estimated useful life of four years and no residual value . the equipment was depreciated by the straight line method and was sold at the end of the third year of use for $ 25000 cash.abc should record:_____________.
i. a loss of $1000
ii. neither again nor a loss the computer was sold at its book value.
iii. neither again nor a loss the gain that occurred in this case would not be recognized
iv. accountants prefer to report softer numbers rather than harder numbers
v. accountants prefer to report harder numbers rather than softer numbers
vi. accountants have no preference when it comes to reporting softer and harder numbers
Answers
ABC should record a loss of $25,000 - $30,000 = -$5,000. This is because the equipment was depreciated for three years at $30,000 per year ($120,000 / 4 years), which equals a total of $90,000 in accumulated depreciation. Therefore, the book value of the equipment at the end of the third year would be $120,000 - $90,000 = $30,000. Since the equipment was sold for only $25,000, ABC would need to record a loss of $5,000.
Option ii, "neither gain nor a loss, the computer was sold at its book value," is incorrect because the equipment was sold for less than its book value, resulting in a loss for ABC.
Option iii, "neither gain nor a loss, the gain that occurred in this case would not be recognized," is also incorrect because there was no gain. In fact, there was a loss.
Option iv, "accountants prefer to report softer numbers rather than harder numbers," is incorrect because accountants are required to report accurate and truthful financial information, regardless of whether it is positive or negative.
Option v, "accountants prefer to report harder numbers rather than softer numbers," is also incorrect because accountants are not biased towards any particular type of financial information.
Therefore, the correct answer is option i, "a loss of $5,000."
Know more about "accumulated depreciation".
https://brainly.com/question/28139636
#SPJ11
Which shape has exactly two lines of symmetry? A) square B) isosceles right triangle C) trapezoid D) rectangle
Answers
Answer:
D) rectangle
Explanation:
A shape with two symmetrical parts is one that has two sides that equals or have a similar appearance. Symmetrical shapes have at least two identical sides and can be divided into equal parts.
A rectangle has two equal sides. The lengths are equal, and so are the widths.
What is the purpose of a hazard plan?
a.Search through food for pests b.Document procedures c.identify supply chain concerns or problems d.create rules and regulations
Answers
Hazard mitigation plans are prepared and adopted by communities with the primary purpose of identifying, assessing, and reducing the long-term risk to life and property from hazard events.
Sorry if this doesn't specifically answer your question, but I hope it helps :)
PLEASE, In a paragraph of 150 words, Reflect on the critical thinking process and the steps involved. Discuss how this knowledge can or has helped you in your life and/ or your career?
For example, what do you think of the process? What did you learn from the process? Could it bring value to making decisions in your life or career? Would you use it in the future? Would you use it, or parts of it, in your everyday life? Have you used it in your everyday life? Do not write about the case itself, the decision you reached, or what you thought should or should not have happened relating to the case.
Answers
The critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision.
How the critical thinking process helps meThe critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision. As a person, critical thinking is useful to utilize this process in order to provide the most accurate and relevant responses to questions.
Personally, I find that the critical thinking process is an invaluable tool in both my personal and professional life. It has taught me to approach problems in a more organized and methodical manner, which has allowed me to make more informed and effective decisions.
Additionally, by applying critical thinking to everyday situations, I am better able to identify biases and assumptions and to evaluate arguments and evidence. Ultimately, the critical thinking process has enabled me to become a more analytical and logical thinker, and has provided me with a framework for making better decisions in all areas of my life.
Read more on critical thinking here:https://brainly.com/question/3021226
#SPJ1
customer lifetime value a. refers to the projected sum of all transactions over the lifetime of any buyer. b. is the index increasingly used by innovative firms to more effectively predict annual gross revenues. c. applies to the intrinsic worth of a product during the ownership period of the original buyer. d. includes the risk of a single customer defaulting on outstanding credit balances. e. is the net present value of future cash flows as projected from a customer relationship.
Answers
The net present value of anticipated future cash flows resulting from a customer connection is known as customer lifetime value. The right response in this case is option E.
The CLV is the total sum of money a client is anticipated to spend with your company over the course of your engagement with them. It's an important metric, and depending on what you want to achieve with it, how you use it may both define your business and vary substantially.
Selling to a consumer more frequently and convincing them to spend more money each time they buy from you will increase their lifetime value. Since you don't need to spend additional money on customer acquisition to increase sales, this helps you maximize your marketing ROI.
To learn more about customer lifetime value
https://brainly.com/question/28539902
#SPJ4
TS Marketing Research Company has claimed that part-time students' annual incomes were normally distributed with a mean income of $30,000 and a standard deviation of $3,000. a) If a student is chosen at random, find the probability that the student earns more than $31,000. b) If a student is chosen at random, find the probability that the student earns between $28000 and $33,000. c) What will be the minimum income for the lowest 5% ? d) If a statistical sample of 50 students is taken, what is the probability that this sample of students will contain a mean income of less than $31,000 ?
Answers
The question pertains to a marketing research company's claim about part-time students' annual incomes, which are assumed to follow a normal distribution with a mean income of $30,000 and a standard deviation of $3,000. The probability of earning more than $31,000, the probability of earning between $28,000 and $33,000, the minimum income for the lowest 5%, and the probability of obtaining a sample mean income of less than $31,000 for a sample of 50 students need to be determined.
In part (a), to find the probability that a randomly chosen student earns more than $31,000, we need to calculate the area under the normal distribution curve to the right of $31,000. This probability represents the proportion of students who earn more than $31,000.
In part (b), to find the probability that a randomly chosen student earns between $28,000 and $33,000, we need to calculate the area under the normal distribution curve between these two income values. This probability represents the proportion of students who fall within this income range.
In part (c), to determine the minimum income for the lowest 5%, we need to find the income value corresponding to the 5th percentile of the normal distribution. This represents the income below which only 5% of the students' incomes fall.
In part (d), to calculate the probability that a sample of 50 students will have a mean income of less than $31,000, we need to use the Central Limit Theorem. According to this theorem, the distribution of sample means approaches a normal distribution as the sample size increases. We can calculate the probability by standardizing the mean income value using the sample mean and the standard deviation of the sample mean.
Learn more about trading:
https://brainly.com/question/27155256
#SPJ11
An investment project that costs $45,000 provides cash inflows of
$8,710 in year 1; $9,560 in year 2; $10,820 in year 3; $7,380 in
year 4 and $9,230 in year 5. What is the NPV of the project if the
co
Answers
The NPV of the project depends on the discount rate and is not provided in the question. Therefore, the NPV cannot be calculated without knowing the discount rate.
The Net Present Value (NPV) of an investment project is determined by discounting the cash inflows and outflows using a specified discount rate. The cash inflows for each year are given, but to calculate the NPV, we need to discount these cash flows back to their present value. The discount rate represents the opportunity cost of capital or the required rate of return for the project. Without the discount rate, it is not possible to calculate the NPV. To calculate the NPV, we would discount each cash inflow using the appropriate discount rate and subtract the initial cost of the investment. The NPV would then be the sum of the present values of the cash inflows minus the initial investment cost. However, since the discount rate is not provided, the NPV cannot be determined.
Learn more about NPV here;
https://brainly.com/question/31964894
#SPJ11
occurs when companies employ a multinational pricing policy that calls for setting different prices in different country markets. a) ethnocentric b) polycentric c) regiocentric d) geocentric e) extension
Answers
A method in global marketing where a company permits a subsidiary or affiliate to determine the best price in its own region as long as it is profitable; also known as the Polycentric Approach.
What distinguishes polycentricity from ethnocentricity?
While the ethnocentric method sends employees from the home area or country to a foreign country or to another site where the headquarters are present, the polycentric approach concentrates on keeping personnel from a domestic region or country.
What do geocentric and polycentric mean?Polycentric Attitude: The idea that local workers are aware of the best working methods and commercial procedures is referred to as having a polycentric attitude. Geocentric Attitude: A geocentric attitude is a global perspective that emphasises using the best methods and connecting with individuals from all over the world.
To know more about Polycentric visit:
https://brainly.com/question/28216236
#SPJ4
Under the LIFO retail method, we determine that:__________.
a) a new layer of inventory has been added during the period if the ending inventory at retail is greater than the beginning inventory at cost.
b) the ending inventory at retail is greater than the beginning inventory at retail.
c) the ending inventory at retail is less than the beginning inventory at retail.
Answers
Answer: the ending inventory at retail is greater than the beginning inventory at retail
Explanation:
In the Last-In-First-Out(LIFO) method, it is assumed that the units that are sold are the ones that were recently bought.
Under the LIFO retail method, to determine a new layer at retail, the beginning inventory at the retail will have to be deducted from the ending inventory at retail.
This means that a new layer of inventory will be added when the ending inventory at retail is greater than the beginning inventory at retail.