During the MBA foundation course, I had the opportunity to delve into various business concepts and gain a deeper understanding of different aspects of running a business.
This newfound knowledge greatly influenced my mindset about my business idea, Angel Rental Solutions, and brought about significant changes in how I approached it.
Firstly, the course helped me develop a more strategic and analytical mindset. I learned about market analysis, competitive positioning, and value proposition, which prompted me to reevaluate and refine my business idea. Through market research and analysis, I was able to identify gaps and opportunities within the rental solutions market in Vancouver. This enabled me to better align my business idea with market demand and tailor my offerings to meet the needs of potential customers.
Additionally, the course exposed me to emerging technologies and their impact on businesses. I realized the importance of leveraging technology to enhance operational efficiency, improve customer experience, and stay competitive in the market. This understanding led me to incorporate innovative digital solutions into my business plan, such as developing a user-friendly online platform for easy rental bookings and implementing a robust inventory management system.
As the weeks progressed, I continuously refined my business idea based on the concepts learned in the MBA foundation course. I identified gaps in my initial plan and made necessary adjustments to address them. For instance, I realized the need to establish strong partnerships with local suppliers to ensure a reliable and diverse inventory for rental offerings. This allowed me to provide a wider range of products to customers and enhance the overall value proposition of Angel Rental Solutions.
Furthermore, I recognized the importance of effective marketing and customer acquisition strategies. I developed a comprehensive marketing plan that encompassed digital marketing techniques, social media campaigns, and strategic partnerships with event planners and local businesses. This helped me fill the gaps in my initial approach and ensured a targeted and impactful marketing strategy for my business.
Overall, the MBA foundation course played a crucial role in shaping my mindset and refining my business idea for Angel Rental Solutions. It helped me identify the gaps in my initial plan and provided the knowledge and tools to address them effectively. Through research on emerging technologies and application of key business concepts, I was able to modify and polish my business idea, ensuring its viability and competitiveness in the market.
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If you buy an investment for $800 and then sell it for
$950 a year later, what is your annual return on investment (percentage)?
Answer: 18.75%
Explanation:
Since the investment is bought for $800 and then sold for $950 a year later, then the annual return on investment will be:
= (Selling price - Cost price) / Cost price × 100
= ($950 - $800)/$800 × 100
= $150/$800 × 100
= 18.75%
12.4. a manufacturer of small hydraulic turbines has the annual cost data given here. calculate the manufacturing cost and the selling price for a turbine.
The manufacturing cost of the turbine is $3,730,000, and the selling price for the turbine is $71,492.05.
To calculate the manufacturing cost, add up all of the costs associated with producing the turbine, including raw material and component costs, direct labour, direct expenses, plant manager and staff, plant utilities, taxes and insurance, plant and equipment depreciation, warehouse expenses, and engineering expenses.
Manufacturing costs are calculated as follows: raw material and component costs + direct labour + direct expenses + plant manager and staff + plant utilities + taxes and insurance + plant and equipment depreciation + warehouse expenses + engineering expenses
Manufacturing Cost = $2,150,000 + $950,000 + $60,000 + $180,000 + $70,000 + $50,000 + $120,000 + $60,000 + $90,000
$3,730,000 in manufacturing costs
To get the selling price, add the manufacturing cost to the desired profit margin and divide by the number of units sold.
(Manufacturing Cost / Number of Units Sold) + Profit Margin = Selling Price
($3,730,000 / 60) + 15% = Selling Price
The selling price is $62,167 +15%.
The selling price is $71,492.05 USD.
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The complete question is:
The annual cost data is provided by a manufacturer of a small hydraulic turbine. Determine the turbine's manufacturing cost and selling price.
The cost of raw materials and components is $2,150,000.
Direct labour $900,000
Direct costs: $60,000
Plant manager and employees $180,000
$70,000 for plant utilities
Insurance and taxes $50,000
Depreciation on plant and equipment totaled $120,000
Expenses for the warehouse $60,000
Office Supplies $10,000
$90,000 in engineering costs (for the plant).
$30,000 for engineering employees and salary (plant).
Salaries for administrative personnel are $120,000 per year.
Sales personnel, salary, and commissions $100,000
Annual Sales 60 units
The profit margin is 15%.
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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What does this mean
“MY LONG-TERM CAREER GOAL TODAY IS TO BECOME A”
Explanation:
what this means is it is asking what kind of job or career you want to be. an example is :
i want my career to be a doctor.
so basically this is just a fancy word for job.
During a certain six-year period, the consumer price index (CPI) increased by 35%, but during the next six-year period, it increased by only 10%. Which of these conditions must have existed during the second six-year period?
A. Inflation
B. Depression
C. Deflation
D. Recession
I'll pu the person who answers this brainliest
Answer:
A. Inflation
Explanation:
CPI is an abbreviation for the consumer price index. The CPI is a measure of the average changes in the prices of consumer goods and services in the economy. The CPI index measures changes in prices of products that represent the general consumption in the economy. Economists use the CPI index to ascertain the rate of inflation.
Inflation is described as the increase in prices of goods and services in the economy in a period. If prices in the economy are increasing at a high rate, the CPI index will be high. A high CPI index indicates the inflation rate is high.
one stakeholder wants high wages, the other wants lower costs. what two stakeholders may be in conflict over this?
One stakeholder wants high wages, the other wants lower costs. Two stakeholders who may be in conflict over this issue are employees and owners. As employees want high wages and owners want lower costs.
Give a brief account on stakeholders.A party with an interest in a company and who could influence or be affected by it can be regarded as a stakeholder. Most of the stakeholders in a normal corporation are investors, employees, customers, and suppliers. The idea has been expanded to encompass communities, governments, and trade groups, though, as corporate social responsibility has drawn more and more attention. Both internal and external stakeholders may be a part of a company. People who have a direct interest in a firm, such as through employment, ownership, or investment, are said to be internal stakeholders. External stakeholders are those who do not directly work for a company but are nonetheless impacted in some way by the decisions and results of the enterprise. External stakeholders consist of a number of organisations or groups such as government agencies, borrowers and so on.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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The internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the proportion of accounts that are more than 90 days overdue (i.e., delinquent). The historical records of the company show that over the past 8 years, the average has been that 13% of the accounts have been delinquent. For this quarter, the auditing staff randomly selected 250 customer accounts. What is the probability that no more than 40 accounts will be classified as delinquent? (Round to 4 decimal places.)
The probability that no more than 40 accounts will be classified as delinquent is 0.9999.
To calculate the probability, we can use the binomial distribution formula, which considers the number of trials (250 accounts), the probability of success (13% delinquent accounts), and the desired outcome (no more than 40 delinquent accounts).
Using this formula, we find the probability to be 0.9999, or 99.99%, rounded to four decimal places.
The binomial distribution is a probability model that helps us calculate the probability of a specific number of successes in a fixed number of trials. It is applicable when the trials are independent, each trial has two possible outcomes (success or failure), and the probability of success remains constant throughout the trials. In this case, the auditing staff randomly selected customer accounts, and the proportion of delinquent accounts (13%) serves as the probability of success. By applying the binomial distribution formula, we can determine the probability of observing a specific range of delinquent accounts.
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what is the term for a crm that tracks the type of sale that is most likely to make a person purchase an item that they have previously viewed on an e-commerce site?
User experience is the term for a CRM that tracks the type of sale that is most likely to make a person purchase an item that they have previously viewed on an e-commerce site. Option C
What is User experience?Generally, The term "user experience" describes how a product, application, system, or service makes the user feel. It is a general phrase that may refer to anything, including how easily a user can navigate a product, how simple it is to use, how pertinent the shown material is, etc.
A CRM that monitors the kind of sale that is most likely to prompt a consumer to buy an item that they have previously seen on an e-commerce site is known as a user experience CRM.
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CQ
What is the term for a CRM that tracks the type of sale that is most likely to make a person purchase an item that they have previously viewed on an e-commerce site?
Variability
Product or service measurement
User experience
Product development
An investment in labor helps a business increase productivity by:
An investment in labor helps a business increase productivity by bringing in more people to make a product.
What is an investment?It should be noted that an investment simply means a process or action that's used to generate revenue.
In this case, an investment in labor helps a business increase productivity by bringing in more people to make a product.
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Please show work for all parts, thank you :)
(Comprehensive problem) You would like to have $ 78,000 in 12 years. To accumulate this amount, you plan to deposit an equal sum in the bank each year that will earn 7 percent interest compound
To accumulate $78,000 in 12 years by making equal annual deposits, we can use the future value of an ordinary annuity formula.
Given data:
Target amount (Future value) = $78,000
Number of years = 12
Interest rate = 7% (compounded annually)
Let's denote the equal annual deposit as X.
Using the future value of an ordinary annuity formula:
Future Value = X * [(1 + Interest rate)^Number of years - 1] / Interest rate
Plugging in the values:
$78,000 = X * [(1 + 0.07)^12 - 1] / 0.07
Let's solve for X:
$78,000 * 0.07 = X * [(1.07)^12 - 1]
$5,460 = X * (1.07^12 - 1)
$5,460 = X * 1.967151
X = $5,460 / 1.967151
X = $2,779.06
Therefore, you would need to deposit approximately $2,779.06 each year for 12 years to accumulate $78,000, assuming a 7% interest rate compounded annually.
Which is most likely to happen to consumers with good credit? Check all that apply.
Answer:
They can use credit in emergencies. A form must be filled out when someone is hired for a job to determine how much income tax will be withheld.
Explanation:
When the parties to a contract have not expressly negotiated particular terms to a contract. Article 2 of the UCC will:
When parties to a contract have not expressly negotiated particular terms, Article 2 of the Uniform Commercial Code comes into play. This legal framework governs transactions involving the sale of goods and aims to facilitate commerce by providing rules for such transactions.
In situations where specific terms are not negotiated, Article 2 fills in the gaps by implying certain default provisions. These provisions help ensure that the contract is still enforceable and clear, even without expressly negotiated terms. Some key default provisions under Article 2 include the following:
1. Price: If the parties have not agreed on a price, the UCC sets the price as a reasonable one at the time of delivery (Section 2-305).
2. Delivery: In the absence of specified delivery terms, the UCC requires that the goods be delivered at the seller's place of business or residence (Section 2-308).
3. Time for performance: If the contract does not specify a time for performance, the UCC implies that performance should occur within a reasonable time (Section 2-309).
4. Warranty: Article 2 implies certain warranties in contracts for the sale of goods, such as the warranty of merchantability and the warranty of fitness for a particular purpose, unless the parties agree otherwise (Sections 2-314 and 2-315).
Overall, Article 2 of the UCC helps provide clarity and legal enforceability in contracts for the sale of goods where specific terms have not been negotiated. By implying default provisions, it ensures that such contracts remain functional and adhere to standardized rules, promoting efficient and fair business practices.
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1
Select the correct answer.
Which risk is a sponsor assuming when buying the naming rights to a stadium or arena?
OA.
Nobody will notice.
OB. The team may not perform well:
OC. The fans of the team may not like the idea.
OD.
People will dismiss the action as pretentious.
Reset
Next
Answer:
The team may not perform well:
Explanation:
The biggest risk with naming rights is negative news concerning the team. The sponsor's brand name will be associated with the team; any negative team news will impact the brand name.
If a team performs poorly, some customers may associate the team's dismal performance with the brand name. Customers may shy away from the sponsor's products as they distance themselves from dismal performances.
Answer:B
Explanation:i just took the test...
Cook security systems has a $37,500 line of credit, which charges an annual percentage rate of prime rate plus 4%. The starting balance on october 1 was $9,300. On october 4 they made a payment of $1,800. On october 13 the business borrowed $2,100, and on october 19 they borrowed $4,600. If the current prime rate is 6%, what is the new balance (in $)? (round your answer to the nearest cent. )
To calculate the new balance, we need to consider the starting balance, payments made, and borrowings, taking into account the prime rate plus 4% interest.
Starting balance on October 1: $9,300
Payment made on October 4: $1,800
Borrowing on October 13: $2,100
Borrowing on October 19: $4,600
Prime rate: 6%
Annual percentage rate (APR): Prime rate + 4% = 6% + 4% = 10%
First, let's calculate the interest accrued on the starting balance for the given period.
Interest accrued = Starting balance * (APR / 365) * Number of days
Number of days from October 1 to October 4: 4 days
Number of days from October 4 to October 13: 9 days
Number of days from October 13 to October 19: 6 days
Interest accrued on the starting balance:
= $9,300 * (0.10 / 365) * (4 + 9 + 6)
≈ $8.35
Now, let's calculate the total borrowed amount:
Total borrowed amount = Borrowing on October 13 + Borrowing on October 19
= $2,100 + $4,600
= $6,700
Finally, let's calculate the new balance:
New balance = Starting balance + Interest accrued + Total borrowed amount - Payment made
= $9,300 + $8.35 + $6,700 - $1,800
≈ $14,208.35
Therefore, the new balance is approximately $14,208.35.
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The skills a student learns while studying are transferable to many careers.
OA. True
OB.False
Transferable skills are the skills that a person can use and carry from one job to the next job. The skills a student learns while studying are transferable to many careers. This statement is TRUE.
What are Transferable skills?
Competencies that a person can utilize and carry from one profession to another are known as transferable skills. They consist of teamwork, organization, punctuality, flexibility, and communication skills.
An increasing number of organizations are looking for candidates with strong transferable skills to join their technical team. Candidates with transferable skills are quick and independent. Giving students the knowledge and skills that are applicable outside of the classroom will thereby position them for higher job success.
Candidates for any position should think about how valuable transferable skills are to their employers. These less tangible skills, which are inextricably linked to a profession, aid a candidate in demonstrating his level of education.
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Consider the following price indexes: 95 in 2011, 100 in 2012, 129 in 2913, 131 in 2014, and 160 in 2015. If the cost of the market basket in 2012 is $3,500, what is the cost of the same basket of goods and services in 2015?
If the cost of a market basket of goods and services is $3,500 in 2012, the cost of the same market basket in 2015 is $5,600.
What is the market basket?According to common definitions, a market basket is a selected mix of goods and services.
The market basket is commonly used to track the price performance of a specific market or segment, especially with regard to inflation.
An example of a market basket is the Consumer Price Index (CPI). The CPI is an estimate of the average change of price paid for a specific basket of goods and services over time.
Data and Calculations:Date Price Index
2011 95
2012 100
2013 129
2014 131
2015 160
Cost of market basket in 2012 = $3,500
Cost of market basket of goods and services in 2015 = $5,600 ($3,500/100 x 160)
Thus, if the cost of a market basket of goods and services is $3,500 in 2012, the cost of the same market basket in 2015 is $5,600.
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Which type of insurance would you purchase to cover the replacement cost of your
belongings in the event of a fire at your apartment complex?
A. Auto Insurance
B. Renter's Insurance
C. Homeowner's Insurance
D. Life insurance
Answer:
i would say Renter insurance
Explanation:
9. The opposite of free trade is protectionism.
Protectionism is the opposite of free trade. While free trade encourages open markets, unrestricted flow of goods, and removal of trade barriers between countries, protectionism aims to shield domestic industries from foreign competition. This is achieved through implementing measures such as tariffs, import quotas, and subsidies.
Tariffs are taxes imposed on imported goods, making them more expensive and less competitive compared to domestically produced items. Import quotas, on the other hand, limit the quantity of specific goods that can be imported within a given time frame. Subsidies are financial support provided by the government to domestic industries, enabling them to reduce production costs and maintain competitive pricing. Protectionism can be beneficial for developing economies, as it helps nurture infant industries until they can compete on the global stage.
However, critics argue that protectionism stifles international trade, reduces global economic growth, and leads to trade wars. It also discourages innovation and efficiency in domestic industries, as they face less competitive pressure. In summary, while free trade promotes global exchange and cooperation, protectionism focuses on safeguarding domestic industries from international competition through measures like tariffs, quotas, and subsidies. The choice between free trade and protectionism depends on a nation's economic goals, level of development, and overall strategy for growth.
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Alto Company issued 7% preferred stock with a $100 par value. This means that: Multiple Choice Only 7% of the total paid-in capital can be preferred stock. Preferred shareholders are entitled to 7% of the annual income. The amount of the potential dividend is $7 per year per preferred share. Preferred shareholders have a guaranteed dividend. The market price per share will approximate $100 per share.
Answer:
The amount of the potential dividend is $7 per year per preferred share. [$100 x 7%] = $7
Explanation:
The preferred stockholder will receive $ 7 per share held each year provided there are sufficient net income to distribute those dividend.
Since real interest rate for investments is _____ related to financial frictions, an obvious way to encourage investment and increase aggregate demand is to _____ those frictions
Since real interest rate for investments is negatively related to financial frictions, an obvious way to encourage investment and increase aggregate demand is to reduce those frictions.
The real interest rate for investments is negatively related to financial frictions, meaning that higher frictions can impede investment and lower aggregate demand. To encourage investment and stimulate economic activity, it is essential to reduce these frictions. By minimizing barriers such as excessive regulations, bureaucratic processes, and high transaction costs, businesses and investors can more easily access capital and engage in productive activities.
Lowering financial frictions creates a more favorable investment environment, making it attractive for businesses to expand operations, innovate, and create jobs. This, in turn, increases aggregate demand as more spending and economic activity are generated. Ultimately, reducing financial frictions helps to unlock investment potential, fuel economic growth, and improve overall economic performance.
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Which is the most important decision factor in transportation?
A.capacity
B. Cost
C.capability
D.reliability
how can u prove that the traditional technology is the foundation of modern technology short answer
On June 30,2022 , Kimmel Inc.'s Accounts Receivable balance of $180,000 and the Allowance for Uncollectible Accounts balance was $5,400. On July 12, 2022 Kimmel Inc. decides to write off Checker Corporation's $1,000 account due to lack of payment. The likelihood of collection does not support further collection efforts. What is the net realizable value of accounts receivable before the write-off of Checker Corporation's account? (do not include $ signs, commas, or decimals in your answer) A What is the net realizable value of Accounts Receivable after the write-off of Checker Corporation's account? (do not include $ signs, commas, or decimals in your answer)
The net realizable value of accounts receivable before the write-off of Checker Corporation's account is $174,600, and after the write-off, it is $173,600.
To calculate the net realizable value of accounts receivable before and after the write-off of Checker Corporation's account, we need to consider the existing balances and the impact of the write-off.
1. Net realizable value of accounts receivable before the write-off:
Net realizable value before write-off = Accounts Receivable balance - Allowance for Uncollectible Accounts balance
Net realizable value before write-off = $180,000 - $5,400 = $174,600
The net realizable value of accounts receivable before the write-off of Checker Corporation's account is $174,600.
2. Net realizable value of accounts receivable after the write-off:
To calculate the net realizable value after the write-off, we subtract the specific amount of the write-off from the net realizable value before the write-off.
Net realizable value after write-off = Net realizable value before write-off - Amount of write-off
Net realizable value after write-off = $174,600 - $1,000 = $173,600
The net realizable value of accounts receivable after the write-off of Checker Corporation's account is $173,600.
The write-off of Checker Corporation's account reduces the net realizable value as the company recognizes the account as uncollectible and removes it from the accounts receivable balance. This adjustment reflects a more accurate representation of the amount the company expects to collect from its receivables.
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assume an economy with a coal producer, a steel producer, and some consumers (there is no government). in a given year, the coal producer produces 15 million tons of coal and sells it for $5 per ton. the coal producer pays $50 million in wages to consumers. the steel producer uses 25 million tons of coal as an inp
The product approach: Coal producer produces 15 million tons of coal at
$5/ton, GDP of a coal is-15*5-75.
The steel producer produces 10 million$20/ton. worth of $200millions
The steel producer pays $125 million. For coal he is paying 25million $5/ton the value added is $75million.
GDP-$75 million(Coal)+$75 million(Steel)
Expenditure approach: Consumers buy 8 million tons of steel at $20/ton, here the over all consumption is $160 million. There is no investment by the govt.
Exports-2million tons of steel at $20/ton = $40miltoon
Imports-10 million tons of coal at $5/ton-$50 million
Net exports =$40 million-$50 million-$10 million.
GDP is =$160 million-$10 million-$150 million.
Income approach:
The coal producer pays $50 million wages.
steel producer pays $40 million in wages, total wages -$90 million.
The coal producer receives $75 million in revenue for selling 15 Million tons $5/ton for this he paid $50 million wages only Totaling $25 million profit's
The steel producer receives $200 million revenue by selling steel 10million tons of steel for $20/ton.
The steel producer pays -40 million wages +$125 millions (coal producing) over all expenditure
Is=165
Steel producer profits-200-165-535 million
Over all Profits in the economy is =25+35-$60 Millions
GDP-90(Wage income)+(Profits)60 -$150 million
GNP is equal to GDP, which is equal to $150 million. The foreigners receive $25 million in coal Industry profits as income. The net factor payments from abroad are $25 million, so GNP is
equal to $125 million.
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A business with happy customers will build a good reputation, allowing it to attract top-level:
Answer:
Marketing consultants
A business with happy customers will create a good reputation, allowing it to attract the best: Marketing consultants.
How are sales advisors paid?The average sales advisor costs are based on one of the two models. The first, and perhaps the most common, is the hourly consultation rate. The second is a consistent bid on a project-by-project basis. This is usually based on their expected number of hours for a project that is multiplied by the hourly rates of professionals.
How much should I charge as a marketing consultant?A typical marketing consultant usually charges about $ 100- $ 175 per hour. This may seem like a lot of money because, in most cases, companies do not pay their employees so much.
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Which of the following marketing messages are consumers most likely to trust?
A. ATV commercial
B. An article about the company in a city newspaper.
C. An Internet advertisement
D. A phone conversation with an employee of the company
supernormal gmr inc expects to pay the following dividends over the next three years $4.00 4.40 and 4.84 after that supernormal gmr dividends will grow at a constant rate
The intrinsic price of one share of Supernormal GMR's stock is approximately $45.36.
To calculate the intrinsic price of one share of Supernormal GMR's stock, we can use the dividend discount model (DDM) formula. The DDM calculates the present value of all future dividends to determine the stock's intrinsic value. In this case, since the dividends are expected to grow at a constant rate of 3% after the third year, we can use the Gordon growth model.
The formula for the Gordon growth model is as follows
Intrinsic Price = (D₁/ (r - g))
Where
D₁ = Dividend expected in the next year
r = Required rate of return
g = Growth rate
First, let's calculate the value of the dividends for the first three years
Year 1 dividend: $4.00
Year 2 dividend: $4.40
Year 3 dividend: $4.84
Next, we calculate the dividend expected in the next year
D₁ = Year 3 dividend × (1 + g) = $4.84 × (1 + 0.03) = $4.99
Now we can substitute the values into the Gordon growth model formula
Intrinsic Price = ($4.99 / (0.14 - 0.03))
= ($4.99 / 0.11)
= $45.36
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-- The given question is incomplete, the complete question is
"Supernormal GMR Inc. expects to pay the following dividends over the next three years: $4.00, $4.40, and $4.84. After that, Supernormal GMR's dividends will grow at a constant rate of 3% thereafter (to infinity and beyond). If Supernormal GMR's shareholders require a return of 14%, what is the intrinsic price of one share of Supernormal GMR's stock?" --
Write a short report on ethical business dilemmas, and give examples of ethical dilemmas faced by businesses.
this is the edmentum answer and ill put my answer as well
Explanation:
edmentum: Ethical dilemmas are very common in the workplace. The employees of an organization are under pressure to deliver an expected level of performance. They need to perform to meet the organization’s goals without compromising on quality or giving in to temptation, such as opportunities to share confidential company data. When an organization provides training and guidance to its employees, it helps them to make appropriate ethical decisions.
The cultures of organizations vary. Some businesses do not look beyond their own profits, and their leaders often ignore their own standards of ethics. Employees who do not agree to certain practices may hesitate to protest because they don’t want to risk losing their jobs or for management to single them out as untrustworthy.
Ethical dilemmas are common in business processes; for example, when employees manipulate work reports to obtain recognition and appreciation, or when employees fudge financial statements to depict false increases in sales.
Another example of an ethical business dilemma would be an employee finding out that a senior manager is misusing company resources for personal gain. The employee may receive an offer from the manager to share in the unethical gains.
my answer: Ethical business dilemmas are growing more important over the years now that people have realized businesses should be treating their employees as human beings. Applying for a job you should be aware of common ethical dilemmas business faces and how well they handle them. Some common dilemmas are health and safety, diversity and discrimination policies, employee privacy, unethical pricing, and sadly sexual harassment.
Dexter has recently joined an organization. His trainer, ken asks dexter to follow certain processes to complete his work faster. Dexter follows the processes without questioning ken. Which one of Aristotle's elements of good communication is being exemplified in the communication between dexter and ken?
Answer:
Ethos
Explanation:
Ethos is one of the three Aristotle's elements of good communication that is based on credibility. It explains the reason why a listener should believe what you are saying to them.
This can also come as a result of ones position and in the environment where he is communicating or because of his expertise and skills and knowledge in the subject of communication which actually convince the listeners that you are more knowledgeable.
Ken's position as Dexter's trainers makes allows his credibility to Ken.
Answer:
Ethos
Explanation:
Answered it right on edmentum