which of the following is the approximate internal rate of return for an investment that costs $12,680 and has net cash flows of $4,000 for 4 years? present value of 1 rate periods 8% 10% 12% 4 0.7350 0.6830 0.6355 present value of an annuity of 1 rate period 8% 10% 12% 4 3.3121 3.1699 3.0373 multiple choice question. 6% 10% 12% 8%
Answers
The PVA that is closest to the investment cost of $12,680 is $12,679.6, which corresponds to a 10% rate. Therefore, the approximate internal rate of return for this investment is 10%.
To determine the approximate internal rate of return for an investment that costs $12,680 and has net cash flows of $4,000 for 4 years, you can use the present value of an annuity (PVA) formula. The formula is:
PVA = Cash Flow * Present Value of Annuity Factor
We are given the present value of an annuity factors for different rates and 4 periods. Let's try the given rates to find the one that approximates the investment cost:
a. 8% Rate:
PVA = $4,000 * 3.3121 = $13,248.4
b. 10% Rate:
PVA = $4,000 * 3.1699 = $12,679.6
c. 12% Rate:
PVA = $4,000 * 3.0373 = $12,149.2
The PVA that is closest to the investment cost of $12,680 is $12,679.6, which corresponds to a 10% rate. Therefore, the approximate internal rate of return for this investment is 10%.
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Related Questions
Kerry, the new sales director, just completed her first staff meeting to set annual goals. She managed to get the team's consensus on increasing sales volume by 10 percent over the next year. Kerry had suggested that the team focus on increasing sales of the base model first and then focus attention on the premium offerings. In closing, she reminded the group that the whole team would share responsibility for ensuring that sales goals were met. As they left the meeting, her company president, Richard, congratulated her on her planning but suggested there was one thing she might reconsider. What did he notice? Kerry had ...
Answers
Answer:
I notice two possible issues here:
First, focusing on selling only the base model might increase total sales volume but might not increase profits. Generally, premium models are more expensive and yield a higher contribution margin. I might be wrong here because there is no mention to contribution margins, but generally things work differently. E.g. car salespeople do not usually offer the base model first, they generally show the highest trims.
Second, in countries like Japan, common goals for groups might work since the culture is much more collaborative between group members. But in the US, where performance and success is measured on a much more personal way, it might not work very well. It doesn't mean that team work is no good, but making the whole group responsible for reaching a certain sales goal is not adequate. Imagine that you manage to increase your sales by 15%, but since the total sales of the entire group didn't increase as much and didn't meet the stated goals. What will happen to you? Under normal conditions, increasing sales in such a way would probably result in a bonus besides higher sales commissions.
What might you tell her about career resources and their importance in career selection?
Answers
Answer:
I would like to tell her that it is good that she has chosen her career but there is no harm in taking the help of the career resources as it will clarify her path and clear her conflicts if any. Moreover, it can help in her career selection and give her some ideas of the pros and the cons of the field she is choosing. Taking assistance of the resources can give major idea of the experiences and the instances from other’s life and can influence her decision in the positive way.
Explanation:
edge
1. What are the main professions in Nepal? Name them.
Answers
Answer:
The main professions in nepal are mostly farming and animal rearing.
The main professions in Nepal are Farming and animal husbandry, however, there are many occupations such as Doctor, engineer, and many others but these two are principal occupations.
In Nepal, animal husbandry is the second major occupation as first is farming, due to the fact that Nepal is an agricultural country. About 30% of the total population is engaged directly in agriculture, however, About 80% of people are involved directly and indirectly in farming as their occupation.
People of Nepal are rear all types of domestic and/or dairy animals like goats, pigs, buffalos, Chickens, Cattle, and dogs, and others. These animals help a huge amount of the people of Nepal as their occupation.
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The real interest rate is the:____.
a nominal rate plus the inflation rate
b nominal rate minus the inflation rate
c prime rate plus the federal funds rate
d prime rate minus the federal funds rate
Answers
The real interest rate is the: nominal rate minus the inflation rate
Option B is correct.
What is the meaning of real interest rate?
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation. Once adjusted, it reflects the real cost of funds to a borrower and the real yield to a lender or to an investor. A real interest rate reflects the rate of time preference for current goods over future goods.
What is the real rate of inflation?
But our real-world experience tells us the official inflation rate doesn't reflect the actual cost increases of everything from burritos to healthcare. The grim reality is that real inflation is 7+% per year.
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If the RBA increases the cash rate, this will lead to a decrease in the price of 90-day bills and an increase in the interest rate for the 90-day bills. True False
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If the Reserve Bank of Australia (RBA) increases the cash rate, it will lead to a decrease in the price of 90-day bills and an increase in the interest rate for the 90-day bills is True.
1. Banks raise interest rates on loans and short-term securities.
2. Interest rates for 90-day bills increase.
3. Higher yields are demanded by investors.
4. Price of 90-day bills decreases to make them more attractive to buyers.This relationship between the cash rate, interest rates, and the price of 90-day bills is an important aspect of monetary policy. By adjusting the cash rate, the RBA can influence borrowing costs and ultimately impact economic activity, inflation, and financial stability in the Australian economy.
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Corporate executives often object to the use of open-source software because it lacks formal technical support, even though information and solutions regarding the software are usually readily available online.
A. True
B. False
Answers
Answer:
A. True
Explanation:
When the open source software used by the corporate executives so it would be lead to the lacking of technical support i.e. formal also the information and its solutions would be available online
So the given statement is true as the open source software deals with the source code that should be released in a license where the copyright holder would granted the users to have the right to use the same
"Production and marketing are like the scissor's blade, one is no good without the other." Justify this statement with suitable example
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Answer:
Explanation:
The given statement is absolutely correct. As both blades of scissor is equally important to cut a piece of cloth similarly production and marketing both are dependent on each other to work efficiently.
Before the production of any item, pre-marketing is done to ensure the sale is followed by production, and to enhance the sale post- marketing is planned.
For eg : an XYZ product is manufactured, but the company doesn't have the marketing skills there will be no sale. So if the production is at peak but the company doesn't market it. so all the production woulkd be useless because marketing increase sale as well as ensure the margin.
Hence, production is incomplete without marketing and vice versa
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Fast fine foods markets some of its products to consumers looking for simple quick meals. Fast find foots also offer another line of products targeted to to people interested in low-fat, high nutrition foods. The companies strategy of dividing the market into groups that want similar things from the products they buy is an example of
Answers
Answer: Market segmentation
Explanation:
Market segmentation is when a market is being divided based on the customers needs. Customers with similar characteristics or needs are grouped together.
Market segmentation helps a business in reaching customers with similarbjeeds quicker and this leads to improvement in satisfaction and customer relationships. This is the method used by Fast fine foods.
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as _____.
A. Sticker price
B. A full ride
C. The reduced price
D: The net cost
Answers
Answer:
A. Sticker Price
Explanation:
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as Sticker Price.
Which example shows a victim authorizing a scam or fraud?
A. Juan got a call saying he had unpaid parking tickets and they asked for his credit card number. He gave it to them to avoid going to jail.
B. Drew paid for his meal using his credit card. The waiter copied his card and then used the card to purchase things later.
C. Deandre had his identity stolen when he lost his credit card.
D. Samantha used public Wi-Fi to log into her bank account. A couple of days later, there were some mysterious withdrawals from her account.
Answers
Answer:
most likely B
Explanation:
because it's fraud
How can ratio analysis be used to interpret financial statements?
Answers
In order to get insights into profitability, liquidity, operational effectiveness, and solvency, ratio analysis examines line-item information from a company's financial statements.
Ratio analysis allows you to compare one firm to another in the same sector or sector and track how one company has changed over time.
What is ratio analysis?Ratio analysis is a quantitative examination of the information included in the financial statements of an organization. Ratio analysis is the study or analysis of the line items included in the company's financial statements.
It can be used to evaluate a number of aspects of a business, including profitability, solvency, liquidity, and operational effectiveness.
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The demand for cattle and an increase in railroad construction across the u. S. Contributed most directly to –.
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The amount of land available for ranching in West Texas decreased due to the demand for cattle and a rise in railroad development across the United States.
What exactly do you mean by "Texas ranching"?Texas has 248,800 farms and ranches totaling 130.2 million acres, making it the state with the highest production of beef cattle in the nation. Cattle ranching contributes to Texas's culture as well as its economy.
What type of ranching is the most successful?The most profitable and straightforward animal to raise for profit is typically cattle. Simply having adequate pasture, extra hay during the winter, fresh water, immunizations, and lots of space to wander are all that beef cattle need.
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i will give brainiest to the answer that is right
Answers
Answer:
D. 14.99%
Explanation:
Describe entrepreneurship. How is it different than working for someone else?
How does entrepreneurship affect you? How does it affect the economy?
Answers
It is the study of process involved in identifying a business opportunity and acquiring the necessary resources to start and run the business
~It has created employment
~It has reduced rural-urban migration since some businesses have been set up in Rural areas.
~Saving imports since goods can be locally produced reducing the cost of importing them
~It has raised people's standard of living since one can acquire goods he/she can't produce
~The government can earn there revenue from taxation of the businesses set up by the entrepreneurs
The entrepreneur is the person involved in entrepreneurship.He/she can be the employer of his/her business.Thats what makes it different from being employed/working for someone else.We can say Bill Gates is an entrepreneur since he started Microsoft
This assignment will help you apply porter's forces to an organization to find competitive opportunities using technology. ASSIGNMENT In this assignment you will choose an organization, and then walk through each force and ultimately choose a technology strategy to create an advantage. - Choose an industry, and then choose an organization within that industry. Describe both briefly. - Using Porter's Five Forces, for each force describe a 'problem' and an 'opportunity' within each force for the organization you selected in the above step. For Example: If I chose fast food and McDonald's, a problem for McDonalds in the customer force is that customers are increasingly becoming health focused. An opportunity for McDonald's would be to explore 'power shakes' that include workout supplements. - Next, examine the four basic competitive strategies. For each strategy, identify your selected organization's main competitor that would fit in that strategy (describe why you feel it fits). Which strategy (area) provides the most opportunity for your organization and which area does your organization belong to? - Finally, make a statement on what your selected organization's strategy should be.
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Industry and Organization The industry that has been chosen for this analysis is the Automobile industry. The organization that has been selected for this analysis is Tesla. Tesla is an American company that specializes in the manufacturing of electric vehicles, solar panels, energy storage, and related products. Tesla is considered as one of the leading companies in the electric vehicle industry.Porter's Five Forces Porter's Five Forces is a framework that is used for industry analysis and is utilized to identify the competitive intensity of an industry.
The five forces are Supplier Power, Buyer Power, Competitive Rivalry, Threat of Substitution, and Threat of New Entry. The following is the analysis of each force for Tesla.Supplier Power The supplier power is considered to be low for Tesla as the company produces most of its own parts and components. Furthermore, Tesla has partnerships with suppliers that help the company in maintaining a steady supply chain. The opportunity for Tesla is to invest in research and development to find new materials and reduce the cost of manufacturing.Buyer Power The buyer power is moderate for Tesla as the company has a loyal customer base, which has a limited number of choices in the electric vehicle market. The opportunity for Tesla is to expand its product line and cater to a wider customer base.Competitive Rivalry The competitive rivalry in the electric vehicle industry is intense with companies such as BMW, Chevrolet, and Nissan as its competitors. Tesla has a competitive advantage due to its brand image, superior technology, and charging infrastructure. The opportunity for Tesla is to expand its presence in the market and focus on its unique selling points.Threat of Substitution The threat of substitution for Tesla is moderate, as some customers might opt for hybrid vehicles or traditional gasoline vehicles. The opportunity for Tesla is to expand its product line and offer vehicles with different price ranges and models.Threat of New Entry The threat of new entry is low for Tesla as the company has established itself as a leading company in the electric vehicle market.
Furthermore, the company has an extensive charging infrastructure and access to a large pool of talent. The opportunity for Tesla is to expand globally and reach out to untapped markets.Competitive Strategies The four basic competitive strategies are Cost Leadership, Differentiation, Cost Focus, and Differentiation Focus. The following is the analysis of each strategy for Tesla.Cost Leadership The main competitor that fits in this strategy for Tesla is Chevrolet Bolt. Chevrolet Bolt has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market. Differentiation The main competitor that fits in this strategy for Tesla is BMW i3. BMW i3 is considered to be a premium electric vehicle that has a unique design and advanced features.
Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.Cost Focus The main competitor that fits in this strategy for Tesla is Nissan Leaf. Nissan Leaf has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market.Differentiation Focus The main competitor that fits in this strategy for Tesla is Porsche Taycan. Porsche Taycan is considered to be a premium electric vehicle that has a unique design and advanced features. Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.
The strategy that provides the most opportunity for Tesla is Differentiation as it is an established brand that has a loyal customer base. Tesla should focus on introducing new products, expanding its charging infrastructure, and improving its technology. Tesla belongs to the Differentiation area.StatementTesla should focus on differentiation and offer unique products and services that cater to the needs of its customers. Tesla should expand its charging infrastructure and invest in research and development to improve its technology. Tesla should also consider introducing an entry-level electric vehicle to cater to the mass market.
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Which of the following is NOT a resource?
A
water
B.
food
C.
land
D.
jewelry
Answers
Answer:
D
Explanation:
It was never made when Earth was made
Answer:
jewelry not resource this is a correct answer
are specialized accountants who look for evidence of improper
accounting methods.
A. Forensic accountants
B. Fraudulent accountants
O
C. Public accountants
o
D. Government accountants
Answers
Answer:
A. Forensic accountants
Explanation:
Forensic accountants possess auditing and investigative skills. Their work entails examining financial records and statements in search of evidence for any financial misleading. Forensic accountants are trained and qualified accountants or auditors. They acquire investigative skills through specialized training.
Name three factors that determine a good’s or service’s elasticity.
Answers
Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.Which of the following statements are correct?
Select the correct option(s) and click submit.
Agile and Design Thinking are same
Design Thinking is about Product Development. Agile Manifesto is about Software Development
Design Thinking is finding the right things and Agile is about building the right things
Design Thinking is building the right things and Agile is about finding the right things
Submit
Answers
Product Development is the focus of Design Thinking. The Agile Manifesto is concerned with software development.
Design Thinking is about discovering the right things, while Agile Manifesto is about creating the right things. Hence, option b) is correct.
Design thinking is a problem-finding methodology, whereas agile is a problem-solving methodology. It requires a high level of end-user empathy and comprehension, as well as an iterative process of developing new ideas, debunking assumptions, and redefinition of problems.
Agile Manifesto and Design thinking fosters a user-centric environment that emphasizes rapid iterations to achieve the best results. Use agile development to collaboratively build solutions to problems identified through design thinking.
Design thinking prioritizes the needs of the user, and Agile is an excellent method for delivering solutions gradually. The user's needs are considered throughout the design and development process.
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Bill is new to the team. He has been told that the team uses the online discussion forum frequently in their communications. What should Bill do to communicate effectively with his new team members
Answers
Answer:
bill should also use the discussion forum
Explanation:
it will be easier to communicate with his team as well as make him more similar which will help him fit in
Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue
Answers
Social Security and Medicare taxes
Corporate income taxes
Excise taxes
Custom duties
miscellaneous revenue
In addition to advertising, MasterCard used competitions to build excitement and encourage use of the card. These competitions are a form of
Answers
As MasterCard uses competitions to build excitement and encourage use of the card, such competition serves belong to a form of sales promotion.
What is sales promotion?In marketing, this is a strategy that business uses to offer to increase interest or demand in its product or service.
Hence, as uts uses competitions to build excitement and encourage use of the card, it is a form of sales promotion.
In conclusion, the aim of sales promotion is to continue to induce potential customer to patronize their product or service.
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Porter’s Five Competitive ForcesIn order for a managerial team to develop an effective strategy, they first need to assess the conditions under which the organization is operating. This activity is important because in order to successfully formulate business-level strategy and be competitive, companies need to have an extensive understanding of their industries. Porter’s Five Forces Model is one tool for accomplishing this task.The goal of this activity is to test your knowledge of Porter’s Five Competitive Forces.Match each item to the force from Porter’s Five Competitive Forces that it best describes. 1 Threat of New Entrants 2 Rivalry Among Competitors 3 Bargaining Power of Suppliers 5 Threat of Substitute Products or Services Bargaining Power of Buyers 4 Match each of the options above to the items below. Apple introduced its Homepod to the home sound system market that had been previously dominated by Sonos. Walmart demanded that all its vendors cut their prices by 15 percent. If you don't like the price of something at your local store, you can probably find it online with two-day shipping at a lower price. Consumers are drinking less diet soda in favor of things like flavored zero calorie water and fresh juices. On Amazon, the average product's cost changes every ten minutes based on data the company collects including rivals' prices.
Answers
Matching the item with the given option: Apple introduces its Homepod to the home sound system market that had been previously dominated by Sonos. Threat of New Entrants. Walmart demanded that all its vendors cut their prices by 15 percent is Bargaining power of supplier.
What are the other matches of the option given?The matches are: If you don’t like the price of something at your local store, you can probably find it online with two-day shipping at a lower price: Bargaining power of Buyer. Customers are drinking less diet soda in favor of things like flavored zero calorie water and fresh juices. Threat of Substitute products or services.
On Amazon, the average product’s cost changes every ten minutes based on data the company collects including rival’s prices: Rivalry among competitors.
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Walmart can achieve a _____ using its relationships with suppliers to create an advantage that, ultimately, allows it to give customers low prices and good customer service.
Answers
Answer:
cost leadership/competitive advantage
Suppose that the cost of electrical energy is $0.10 per kilowatt hour and that your electrical bill for 30 days is $54. assume that the power delivered is constant over the entire 30 days.
Answers
If we divide the rate of electricity per hour by the amount of the electricity bill at the end of 30 days we will get the result.
So, after putting the given values into account:
Electricity bill each day= electrical bill for 30 days/cost of electrical energy per kilowatt hour
= 54/ 0.10
=$540
A kilowatt-hour is 1,000 watts used for one hour. As an example, a 100-watt light bulb operating for ten hours would use one kilowatt-hour. Below are some examples of electrical appliances found in most homes.
The kilowatt-hour (abbreviated kWh) is a measure of energy that represents one kilowatt's (1 kW) power output over the course of one hour. Although it is not a formal standard unit in any system, the kilowatt-hour is frequently employed in electrical applications.
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which of the following statements is true of the product life cycle (plc)? a. a product spends the same amount of time in the different stages of the life cycle. b. changes in a product, its uses, its image, or its positioning do not affect its life cycle. c. the plc dictates the marketing strategy to be used for a product. d. the plc for a product form is longer than the plc for any one brand.
Answers
The concept mentioned here is the Product Life Cycle. The answer is, in Option C, the plc for a product form is longer than the plc for any one brand.
Product life-cycle operation is the race of strategies by the business operation as a product goes through its life cycle. The conditions in which a product is sold change over time and must be managed as it moves through its race of stages.
A product life cycle is the length of time from a product first being introduced to consumers until it's removed from the request. A product’s life cycle is generally broken down into four stages; preface, growth, maturity, and decline.
Product life cycles are used by operation and marketing professionals to help determine advertising schedules, price points, expansion to new product requests, packaging redesigns, and more. These strategic styles of supporting a product are known as product life cycle operations. They can also help determine when newer products are ready to push aged bones from the request.
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monty, inc. is considering purchasing equipment costing $90000 with a 6-year useful life. the equipment will provide annual cost savings of $22600 and will be depreciated straight-line over its useful life with no salvage value. monty requires a 10% rate of return. present value of an annuity of 1 period 8% 9% 10% 11% 12% 15% 6 4.623 4.486 4.355 4.231 4.111 3.784 what is the approximate net present value of this investment?
Answers
4.231% is the approximate net present value of this investment.
How do you calculate IRR manually?Choose two potential discount rates. Choose two discount rates to apply before you start your calculations.Make a net present value calculation. Calculate the net present values based on each estimate using the two values you chose in step one.Determine the IRR.You may determine how profitable an investment is by looking at its IRR value; a greater IRR indicates a higher return on investment. An IRR of 20%, for instance, would be seen favorably in the field of commercial real estate, but it's crucial to keep in mind that it's always correlated with the cost of capital.Formula and Calculation for IRR
\(\begin{aligned} &\text{IRR}=\text{NPV}=\sum_{t=1}^{T}\frac{C_t}{\left(1+r\right)^t}-C_0=0\\ &\textbf{where:}\\ &C_t=\text{Net cash inflow during the period t}\\ &C_0=\text{Total initial investment costs}\\ &r=\text{The discount rate}\\ &t=\text{The number of time periods}\\ \end{aligned}\)
4.231% is the approximate net present value of this investment.
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I need help ASAP.......If you were interviewing someone what questions would you ask???
Answers
Answer:
Tell me about yourself.
What are your strengths?
What are your weaknesses?
Why do you want this job?
Where would you like to be in your career five years from now?
What's your ideal company?
What attracted you to this company?
Why should we hire you?
Explanation:
They are basic questions :]
Answer
When you interviewing someone you have to ask the questions that would fit your topic. Example: What type of work are you looking for? Do u what to be manager? These type of questions are what you are looking for.
Write a paragraph explaining what kind of assessment works best for you to really be able to show what you know. (Consider standardized tests, open ended responses, essays, projects, speeches, labs). Explain how your learning style may influence your success on each kind of assessment. 100 POINTS PLZ HELP TODAY
Answers
Answer:
In my experience, essays work best for me to be able to show what I know. I feel that they are more effective than taking, say, a standardized test for example. This is because they are often multiple choice, and I find myself sometimes guessing rather than doing the intended work. In an essay, I have no option other than to type/write out what I know with little-to-no guesswork, making writing out an essay a superior option when it comes to displaying my knowledge on a topic. My preferred learning style is of the visual sort, and that means I learn best by taking notes, seeing examples, using charts and diagrams, etcetera. These skills influence my success on many different types of assessments, including essay writing, test taking, and project making. I am able to visually take notes on the topic at hand, often with examples, which, in my experience, greatly influences my success on these different types of assessments.
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The first step to a SWOT (Strength, Weakness, Opportunies, and Threats) analysis is an internal look at the organization for its strengths and weakness at the present time. The second step is to do a broad look at opportunies that maybe are or will be available and the threats that they may face or may face in the future.(Jones 2022)
A SWOT analysis determines the strategies used by looking strengths and weaknesses to opportunies and threats as a whole. On a Corperate-level if you have a strong team turning out a great product that people love then expanding the types of product my be the best fit. While at a Business-level strategies might have you lowering your prices by finding cheaper parts. While a Functional-level strategy looks at how to improve inside the organization, finding ways to improve the "factory line" improving output while keeping cost.
Michael Porter developed a theory to help gain a competitive advantage in a market or industry. His theory would allow an organization to counter industry forces. Those forces are rivalry, companies that compete with each other. Potential for entry, the easier it is for other organizations to enter. Large suppliers, if there is a limited amount of suppliers they can set the price. Large customers, if the large customer base is small they can bargain down on prices. Substitute products, having alternative products consumers may go to. His business-level plan was that managers need to either differentiate the product by increasing its worth to the consumers or lower the cost of making the brand. His argument also says managers need to choose between the whole market or narrowing their market, which would be focused low-cost and focused differentiation.(Jones 2022)
Bombas took a focused differentiation business-level strategy. They took advantage of digital ads being cheaper to buy more ads but used those ads to target more people. Their target group went from those who want to give to those who were suddenly home all day and likely not wearing shoes or outside much. Not only shifting their single customer based but also their large customer base. So they would reach out to hospital administrators rather than corportations for giveaways.(Helm 2020)
There are multiple strategies at corporate-level. Concentration on a single industry, by strengthing their competitive position that they are at. Vertical integration, either expanding themsleves back in to a new industry or forward into a new industry that may use or sell their product. Diversification strategy which could be related or unrelated. Related not being the same type but sharing facilities or ad campaigns. Unrelated being buying companies that have nothing to do with the current one. There is also an international expansion where managers decide if they can expand out into the rest of the world. Managers have to know the cultures of their potential new consumers, whether its okay to take a global strategy and sell the same as they do in their current market or go with a multidomestic strategy to customize their products and maketing. (Jones 2022)
Bombas took a concertation approach to their corperation-level strategy. They brought a strong focus on to their product and expanded their web of partners. While also building a relationship with more organizations to help their cause, to help the homeless.
Maid For You Inc. a small housekeeping company in the Pacific Northwest has some great opportunities such as expanding the services offered, to include carpet washing, window washing, and possibly even light food prep. Offering discounts for clients with multiple locations. Expanding their area of service like another county. They face some serious threats including slow business when the economy isn't doing well. The threat of large housekeeping companies in the area that may have lower costs. Going green is a big deal to a lot of people in the Pacfic Northwest. Cleaning products can be really harsh in that field. Going green as much as they can for customers will make them feel good about using Maid For You Inc. Knowing the people cleaning carpooled to save resources, using all natural green products so when the client bathes their young child later they aren't worried about what cleaning chemicals were left behind when their child inevitably drinks the bath water.
Answers
According to the information we can infer that this post provides a comprehensive explanation of SWOT analysis, Michael Porter's theory of competitive advantage, and the strategies employed by Bombas and Maid For You Inc.
What we can infer from this post?The post provides an explanation of SWOT analysis, Michael Porter's theory of competitive advantage, and examples of strategic approaches used by Bombas and Maid For You Inc. SWOT analysis involves assessing internal strengths and weaknesses as well as identifying external opportunities and threats. ++
Michael Porter's theory focuses on countering industry forces through differentiation or cost reduction. Bombas used a focused differentiation strategy by targeting a specific customer base during the pandemic, while Maid For You Inc. has opportunities for service expansion but faces threats from competitors and customer preferences. The post offers insights into strategic concepts and real-world applications.
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