please describe about what Walmart Alternative Formulation,
Evaluation action and Implementation.
Answers
The Walmart Alternative Formulation is a process that involves identifying and evaluating various strategies or alternatives that Walmart can adopt to achieve its objectives.
This formulation typically involves analyzing the company's internal and external environment, identifying opportunities and threats, and assessing its strengths and weaknesses. Once alternative strategies are identified, the Evaluation action is undertaken to assess their feasibility, effectiveness, and potential impact on the company's performance. This evaluation may involve conducting a cost-benefit analysis, assessing the risks and rewards associated with each alternative.
Finally, the Implementation phase involves selecting the most suitable alternative strategy and putting it into action. This may require allocating resources, establishing timelines, and monitoring progress. Walmart may also need to communicate the new strategy to its stakeholders, train employees, and make any necessary adjustments along the way.
In summary, the Walmart Alternative Formulation involves identifying and evaluating different strategies, selecting the most appropriate one, and implementing it to achieve the company's goals.
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Related Questions
(10) Acme is considering expanding their remote packaging facility. After-tax cash flows (ATCF) for their primary alternative are presented in the table below. If the general price inflation rate (f) is estimated to be 4.3% per year during the 6-year analysis period, what is the real-dollar ATCF that is equivalent to the actual-dollar ATCF on 4th year? The base time period is year zero (b=0). End of Year ATCF (A$) 0 -380,000 70,000 120,000 120,000 180,000 180,000 180,000 1 2 3 4 (a) 108863 (b) 106761 (c) 260761 (d) 152102
Answers
We must account for the general price inflation rate (f) across the analysis period in order to determine the real-dollar after-tax cash flow (ATCF) that is equivalent to the actual-dollar ATCF in the fourth year.
First, let's determine the fourth year's cumulative inflation factor (IF): IF = (1 + f)^4 = (1 + 0.043)^4 = 1.184243 The real-dollar equivalent is then calculated by dividing the actual-dollar ATCF in the fourth year by the cumulative inflation factor: Actual-dollar ATCF / IF = Real-dollar ATCF Real-dollar ATCF equals 180,000 / 1.184243 152,102 As a result, the actual-dollar ATCF in the fourth year is about similar to $152,102 in real dollars. The right response is (d) 152,102.
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Prior to Honda's decision to build a plant in Ohio, Multiple Choice
a. the Japanese government imposed import quotas on U.S.-made automobiles.
b. the Japanese government had been urging the automobile companies to keep production in Japan.
c. the Japanese government had been urging the automobile companies to begin production in the United States. d. none of the options
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Prior to Honda's decision to build a plant in Ohio, the Japanese government had been urging the automobile companies to begin production in the United States. The correct answer is option C
This was part of a broader effort by the Japanese government to address concerns about trade imbalances between the two countries, as well as to mitigate criticism that Japanese companies were not contributing enough to the U.S. economy.
By encouraging Japanese automakers to establish production facilities in the U.S., the Japanese government hoped to demonstrate their commitment to the American market and to create jobs in the U.S. Additionally, the decision to establish production facilities in the U.S. allowed Japanese automakers to better serve the American market.
Overall, Honda's decision to build a plant in Ohio was part of a larger trend of Japanese automakers establishing a significant presence in the U.S. market, and reflected the Japanese government's desire to strengthen economic ties between the two countries. The correct answer is option C
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Cake-a-licious, a large bakery business, purchased a wheat farm in order to reduce the risk associated with its dependency on flour. This is an example of _____. a. right horizontal integration b. left horizontal integration c. backward vertical integration d. forward vertical integration e. an abatement violation
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For cake-a-licious, a large bakery business, that purchased a wheat farm in order to reduce the risk associated with its dependency on flour, this is an example of forward vertical integration. Option D is correct.
When the supply chain of a company is integrated with another company where the supply chain produces a different product from that of the first company, it is term vertical integration.
This is in contrast with horizontal integration that has to do with the integration of a company with another company producing similar products.
Both horizontal and vertical integration can both be vertical or horizontal in nature.
For cake-a-licious, a large bakery business, that purchased a wheat farm in order to reduce the risk associated with its dependency on flour, this is an example of forward vertical integration since the supply chain of the cake business is different from that of the farm businesss.
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True or false: When a corporation declares a dividend its Net Income on the income statement is reduced.
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When a corporation declares a dividend its Net Income on the income statement is not reduced, therefore the statement is false.
Dividend can be defined as the cash amount that is distributed to shareholders of a company as profit.
The net income on the income does not reduced or decrease when a corporation declares a dividend.
Reason been that dividend is not an expense as they do not have effect on a company net income.
Dividend tend to have majorly have effect on shareholders' equity section of a company statement of financial position.
Inconclusion dividend does not reduce the Net Income on the income statement.
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Who heads each of the branches of federal reserve banks and looks after their functioning?
Answers
Answer: The chair of the board, governors of the federal reserve system is the chief of the federal reserve which is the central banking system of the United States.
Answer:
Board of Governors
Explanation:
Wilmont Pharmacy Instructor’s Advice Part 1 This Part One of the case sets the stage as a situation involving you as a Project Manager in Wilmont’s Pharmacy Operations group. The case focuses on the modification of Wilmont’s business procedures and systems to enable seamless use of DroneTech for the purpose of product delivery to Wilmont’s customers. DroneTech will be handling the technology and the details of the flight operations, but there is a need to customize their operations in order to appear as one organization to the customer. This sub-contractor relationship is characterized in this case as a "black box" type of vendor scenario – where the vendor has an independent project plan that is largely unknown to the client organization, but where deliverables are created for that organization in return for payments matched to those deliverables. Therefore, the case stages a typical vendor/client relationship, but it does not complicate the project by making you consider project details for both vendor and client. Tip: Don’t get distracted with specific business procedures or solutions; stay focused on Project Management. As the Operations PM you are only one of several project managers within Wilmont; remember to design the project to take account of the other PMs as Key Stakeholders. In Part One, your focus is on designing the project overall, so don’t get distracted with scheduling things at this point, or attempt to develop details that are not given in the case. Certain key points are mentioned, such as a start date, first flight date and ultimate budget constraints. Keep your deliverables consistent with these and don’t read into the case things that are not mentioned. Costs for certain milestones are not known, so until those are provided, don’t include them in the Charter/Scope document. Instead, imagine dealing with all the business procedures and systems that would be necessary to properly take the customer’s original order for a product and carry that through to the point where DroneTech can seamlessly execute each delivery according to plan. There are numerous additional aspects of this plan that must be involved, such as contract negotiations, marketing, social media, management reporting and information systems. Consider these individual aspects, the appropriate deliverables that are part of these, and the surrounding effort that is needed in order to implement an initial prototype. Envision the scale and complexity of the tasks that would be involved in such a project for such a large organization – even though the actual project is involving only four pharmacies at the prototype stage. This is a typical business process change scenario – the approaches need to be modified or built completely even for a limited prototype, while keeping in mind that the ultimate goal will be to scale up. Remember, if one can successfully design the business approaches to deliver one customer’s product by drone, the next step is to adjust these approaches to work even when scaled up to hundreds of thousands. However, in this case, the limit of four pharmacies in the prototype keeps the project complexity at a certain level so you can focus on PM tools and approaches. The purpose of Part 1 is to help you gain a sense of what would be involved and what is the appropriate scale, while helping you be clear about deliverables, constraints, multiple teams, contract relationships and end user acceptance of both the drones and the new business processes that must be used along with them
Answers
In Part 1, as the Operations Project Manager, focus on designing the project for seamless integration of DroneTech into Wilmont's business procedures, considering scale, deliverables, constraints, and end user acceptance.
In Part 1 of the case, as the Operations Project Manager at Wilmont's Pharmacy, the focus is on designing the overall project for seamless integration of DroneTech into the business procedures and systems for product delivery. The vendor-client relationship is characterized as a "black box" scenario, where the vendor has an independent project plan unknown to the client.
Key points such as start date, first flight date, and budget constraints are mentioned, and the project deliverables should align with these without including unspecified costs.
The project involves designing the necessary business procedures and systems from order placement to successful drone delivery, considering aspects like contract negotiations, marketing, social media, management reporting, and information systems.
Although the initial prototype involves only four pharmacies, the project should be envisioned in terms of scale and complexity for a large organization. The goal is to modify or build business approaches that can be scaled up in the future.
Part 1 aims to provide an understanding of the project's scope, deliverables, constraints, multiple teams, contract relationships, and end user acceptance of the drones and new business processes.
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a new barcode reading device haa an installed cost basis of $20,120 and an estimated service life of seven years. It will have zero salvage value at that time. The 200% declining balance method is used to depreciate this asset.
a. what will be the depreciation charge be in year seven?
b. what is the book value ar the end of year six?
c. what is the gain( or loss) on the disposal of the device if it is sold for $1,700 after six years?
Answers
a. Depreciation charge in year seven is $5748.57, b. Book value at the end of year six is -$14,371.42 and c. Gain (or loss) on disposal ≈ $16,071.42.
a. The depreciation charge in year seven can be calculated using the 200% declining balance method. In this method, the depreciation charge is twice the straight-line depreciation rate. The straight-line depreciation rate is calculated by dividing the cost basis by the service life.
Depreciation charge in year seven = 2 * (Cost basis / Service life)
Depreciation charge in year seven = 2 * ($20,120 / 7)
Depreciation charge in year seven ≈ $5748.57
b. The book value at the end of year six can be calculated by subtracting the accumulated depreciation from the cost basis.
Accumulated depreciation at the end of year six = Depreciation charge per year * Number of years
Accumulated depreciation at the end of year six = Depreciation charge per year * 6
Accumulated depreciation at the end of year six ≈ $5748.57 * 6 ≈ $34,491.42
Book value at the end of year six = Cost basis - Accumulated depreciation
Book value at the end of year six = $20,120 - $34,491.42
Book value at the end of year six ≈ -$14,371.42 (a negative value indicates a loss in value)
c. The gain (or loss) on the disposal of the device can be calculated by subtracting the selling price from the book value at the end of year six.
Gain (or loss) on disposal = Selling price - Book value at the end of year six
Gain (or loss) on disposal = $1,700 - (-$14,371.42)
Gain (or loss) on disposal ≈ $16,071.42 (a positive value indicates a gain)
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does anyone know how this is done? i need to know asap due in a while
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a) The method used to calculate GDP should be the expenditure approach, which adds up total consumption (C), investment (I), government spending (G), and net exports (X-M).
Solution to the rest of the questions in detailb) Using the expenditure approach, the GDP can be calculated as follows:
GDP = C + I + G + (X - M) = 30 + 15 + 20 + (50 - 70) = 25.
c) The value of net exports can be calculated as:
Net exports = Exports - Imports = 50 - 70 = -20
d) The method that cannot be used with the given data is the income approach.
e) The data is incomplete because the information provided only covers some of the components of GDP, such as consumption, exports, rent, investment, government spending, and wages. Information on other components, such as net taxes, subsidies, and depreciation, is not provided, making the data incomplete for calculating GDP using the income approach.
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at the beginning of the year, jocelyn created five goals for each manager on her staff at the best day spa and gym and she uses those goals as a way to measure their performance throughout the year. these goals are an example of
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At the beginning of the year, Jocelyn created five goals for each manager on her staff at the best day spa and gym and she uses those goals as a way to measure their performance throughout the year. these goals are an example of Controls.
What does the word "control" also mean?A few popular synonyms for control are dominion, jurisdiction, power, authority, and influence. All of these terms refer to "the right to govern or rule or determine," but control emphasizes the ability to constrain and guide. You are accountable for the pupils under your care.
Is the narrative in Control good?The reason Control's plot is so wonderful is because it features two primary characters: the protagonist Jesse Fadden and the Oldest House, which is just as vivid and alluring as a living individual.
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An unsecured loan...
typically has lower interest rates than a secured loan
is less difficult to qualify for than a secured loan
is connected to collateral, which can be taken by the lender if the loan is not paid
is not connected to collateral and, therefore, a higher risk for lenders
Answers
Answer:
is not connected to collateral and, therefore, a higher risk for lenders
Explanation:
Unsecured loans are the loans issued without any securities attached to them. The lender relies on the borrower's creditworthiness as the basis for granting the loan. Unsecured loans are mostly available to salaried workers whose pay is processed by the lending institutions.
Unsecured loans pose a higher risk to the lender because they are not backed by any collateral. For this reason, they attract a higher interest rate than secured loans.
Answer:
D
Explanation:
took the test
consider the following question describing the demand curve facing a monopolist: quantity price 0 17 1 15 2 13 3 11 4 9 5 7 6 5 .... what is the marginal revenue generated by the production and sale of the 3rd unit?
Answers
Monopolists face downward sloping demand curves due to the fact they are the only dealer of a unique exact or service and the market demand curve is consequently the monopolist's demand curve.
How lots market strength a firm has is a function of the shape of the demand curve.
Is monopoly demand curve elastic or inelastic?elastic
The monopolist will choose to be on the elastic portion of the demand curve, to the left of the midpoint, the place marginal revenues are positive. The monopolist will keep away from the inelastic element of the demand curve through reducing output until MR is fantastic
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https://brainly.com/question/15695659#SPJ4The Andrews company currently has the following balances in their equity accounts: Common Stock $31,080 Retained earnings $91,070 Suppose next year the Andrews company generates $46,290 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year
Answers
The Andrews company currently has the following balances in their equity accounts: Common Stock $31,080 Retained earnings $91,070.
If the Andrews company generates $46,290 in net profit next year and declares and pays $16,000 in dividends, the ending balance in retained earnings will be $121,360. We can calculate this as follows:Beginning retained earnings = $91,070Net profit = $46,290Dividends paid = $16,000
Ending retained earnings = Beginning retained earnings + net profit - dividends paid= $91,070 + $46,290 - $16,000= $121,360Therefore, the Andrews ending balance in retained earnings next year will be $121,360.
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What is one big decision you have made in the last few months? How did you make that decision?
Answers
Answer:
Decided to setup my new pc. The urge of having something new is what made me do it.
Explanation:
100% :-)
Answer:decided to go into construction
Explanation:
what was the total charge for her purchase?
Answers
Which of the following is true about
your "gross" pay?
A. It is the money you make before taxes.
B. It is the money you take home after taxes are taken
out..
C. It is the amount of money you pay in social security
tax.
D. It is the amount of money you pay in federal tax.
Answers
As children, we just have one or two things, but as adults, we have a complete bag of balls that we are attempting to maintain in the aif. Consider all the roles you may be playingwife, mother, daughter, employee, student, military spouse fwhich, while technically a "wife" role, has its own unique issues, so I think we can call it out individuallyl. PTA member, church conmittee chair, blopeer, bock dub member, etc. In addition, the upcoming holiday saason will make you further busier. Last year, during the fall I was attending classes and learning a new job which was very complex. Being a full-time student along with working a full-time job can be chatlenging. Being able to balance work and school can be challenging because i feel like l've been prioritizing work above study. I need to earn money for school, so I must work. For scholarships and decent grades, I still need to continue my education. College is largely dependent on finances. You cannot obtain an education without money. In my case, not working will prevent me from having money or a good education. But I have found that being organized can make it a bit better. However, when learning a new job that is complex you can tend to get overwhelmed. Which happened to me, I felt like every time I completed an assignment at school that was difficult and time-consuming. I was faced with even a more difficult task at work. At times I felt like giving up and hiding trom the world and my responsibilities. The painful reminders that there Through completing the Business Writing Assignment, you constructed a workplace document and engaged in the writing process by taking your instructor's feedback and employing it to improve your assignment. It is important to take time to reflect on your own writing process to hone the process and use it to empower you to improve your process over time. Locate your Business Writing Assignment and evaluate what you wrote. Since this is a reflection, you can include your emotions and reactions, and use the first person ("I′′ ) to write your reflection. In a 550-word reflective response, complete the following elements:
- Discuss your experience writing your assignment, reviewing your instructor's initial feedback, and revising your response.
- Explain some of your writing process and what you thought worked well. - Also, detail some of what in your process you will look to improve for next time.
Answers
Writing the Business Writing Assignment was a challenging yet valuable experience. Receiving and implementing feedback from my instructor helped me improve my work, and I realized the importance of reflection and continuous improvement in my writing process.
Writing the Business Writing Assignment was a journey that involved multiple stages. Initially, I invested time and effort into constructing a workplace document, aiming to meet the assignment requirements. However, it was the process of reviewing my instructor's initial feedback that truly enhanced my understanding and propelled me towards improvement.
By carefully considering the feedback, I gained valuable insights into the strengths and weaknesses of my writing. It allowed me to identify areas that required refinement, such as clarity, organization, or the inclusion of specific details. Armed with this knowledge, I embarked on the revision phase, diligently incorporating the suggestions and making necessary adjustments.
Throughout the writing process, I found certain aspects of my approach to be effective. For instance, I appreciated the value of planning and outlining before diving into the actual writing. This allowed me to structure my ideas and ensure a logical flow in the document. Additionally, seeking feedback from peers or colleagues provided valuable perspectives and helped me fine-tune my work.
However, I recognize the need for improvement in certain areas of my writing process. One aspect I aim to enhance is time management. As the assignment coincided with a busy period in my life, I realized the importance of allocating dedicated time for writing, revising, and incorporating feedback. Improving this aspect will ensure a more balanced and efficient writing process in the future.
In conclusion, the experience of writing the Business Writing Assignment, coupled with the invaluable feedback from my instructor, taught me the significance of reflection and continuous improvement. Through careful analysis of my writing process, I identified strengths to build upon and areas to refine, emphasizing the importance of time management and seeking constructive feedback for future assignments.
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What are customer needs?
Answers
Answer:
A customer need is a need that motivates a customer to purchase a product or service.
The first step in the strategic brand management process is ________.
A) measuring consumer brand loyalty
B) identifying and establishing brand positioning
C) planning and implementing brand marketing
D) measuring and interpreting brand performance
E) growing and sustaining brand value
Answers
The first step in the strategic brand management process is identifying and establishing brand positioning.
Brand positioning is the foundation of strategic brand management. It involves identifying the unique selling proposition of the brand and determining how it will differentiate itself from its competitors in the market. This involves analyzing the target audience, the competitive landscape, and the brand's strengths and weaknesses. Once brand positioning is established, it can guide all aspects of brand management, including product development, marketing communications, and customer experience. The other options listed, such as measuring consumer brand loyalty or interpreting brand performance, come later in the brand management process and build on the foundation of brand positioning.
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Betsy owned a speedboat that was not operating correctly. She hired Gail, a mechanic, to determine what needed to be repaired or replaced on the boat. Gail concluded that the boat needed over $5,000 of work to run safely. Upset by the news, Betsy decided to get a second opinion from Kathy, another mechanic. Kathy advised Betsy that the boat only needed a new fuel pump, which cost considerably less than $5,000. Betsy decides to sell her boat instead of repairing it. When a prospective buyer asks Betsy whether the boat has been inspected by a mechanic, she will:_________.
Answers
Answer:
Betsy should simply tell the truth: that the boat was actually inspected by two mechanics, but not only it was not repaired, but both mechanics had a very different diagnosis about what was wrong with the boat.
She should also warn the buyer that the boat likely needs at least a new fuel pump, and in case the diagnostic of the first mechanic (Gail) is true, the boat then would likely need an expensive repair.
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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Step 36 of 40: Cash Budget Formulas 5 Cash Balance, Beginning (1 YOUR TURN: Create formulas that carry over the operating expense names in column A and use VLOOKUP to return the amounts in cells B9:M11. January 2 Cash Balance, Beginning 20,000.00 3 Collections (3 tal.Cash Available YOUR TURN: Create a formula that carries over the collections in cells B3:M3. 7 Inventory Purchases Commissions YOUR TURN: Fill in January December and the word Recap along with your Spreadsheet ID in cell N1 on the Cash Budget worksheet. 10 Utilities 11 Other Operating Budget Cash Budget 36540 - 12000 10 Utilities 11 Other Operating Budget Cash Budget Operating Budget Cash Budget Jan Februar Lanuary 2 Cash Balance, Beginning Collections YOUR TURN: Create formulas that carry over the inventory payments and commissions in cells B7:M8. YOUR TURN: Enter a formula here that references the Minimum Cash Balance from the Inputs worksheet. 6 Less Disbursements 7 Inventory Purchases 8 Commissions 9 Payroll 10 Utilities 11 Other Operating Budget 2 (Cash Balace, Beginning $ 20,000.00 3 Collections 30000 Total Cash Available 6 less Disbursements YOUR TURN: Add a formulas for subtotals and ending balances for columns B:M, as well as beginning balances for columns C:M. Operating Budget Cash Budget Cash Budget dget wed 523 PM Edit View insert Format Tools Data Window Help • Autodiaren s Home Insert Draw Page Layout Formulas Data Review P X Cabr (Body! 11 A A cash flow budget 3 Malte View Comments Share . O 2 . Custom $ % a 11 R13 x f x -SUM[87:812) 11100019.000 2.0 12. 0 1 3 .00 14 dienorts ever disbursements FR
Answers
The minimum cash balance from the Inputs worksheet when creating the formulas. The goal is to create a comprehensive cash flow budget that takes into account all expenses and returns to ensure a balanced budget.
In Step 36 of 40, the task is to create formulas for the cash budget. One of the formulas required is to carry over the operating expense names from column A and use VLOOKUP to return the amounts in cells B9:M11. Another formula is needed to carry over the collections in cells B3:M3. Additionally, formulas need to be added for subtotals and ending balances for columns B:M, as well as beginning balances for columns C:M. The cash balance, beginning for January is $20,000. The budget also includes expenses such as inventory purchases, commissions, payroll, utilities, and other operating costs. It is important to consider the minimum cash balance from the Inputs worksheet when creating the formulas. The goal is to create a comprehensive cash flow budget that takes into account all expenses and returns to ensure a balanced budget.
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What is the structure of Public corporation
Answers
Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.
Superior corp. applies manufacturing overhead to production at 65% of direct labor cost. during the year ended 20xx, manufacturing overhead of $129,220 was applied to production; actual manufacturing overhead was $156,500. ending work in process inventory was $22,440 and ending finished goods inventory was $31,020. work in process inventory increased by 20% during the year and finished goods inventory increased by 10% during the year. unadjusted cost of goods sold was $574,300. complete the following schedule:
Answers
Direct Labor Cost = $198,800
Beginning finished goods inventory = $28,200
Overhead = $27,280
COGM = $577,120
Current Manufacturing Cost = $249,100
Adjusted Cost of goods sold = $601,580
Working Notes:
(i) Direct labor cost = Overhead applied / direct labor cost applied to overhead as a percentage
Direct Labor Cost = 129220 / 0.65
Direct Labor Cost = $198,800
(ii) Beginning work in process = Ending WIP / (1 + percent increase)
Beginning WIP = 22440 / (1 + 0.20) = 22440 / 1.20
Beginning WIP = $18,700
Beginning finished goods inventory = 31020 / (1 + 0.10) = 31020 / 1.10
Beginning finished goods inventory = $28,200
(iii) Underapplied / Overapplied overhead = Actual OH - applied OH
Overhead = 156500 - 129220
Overhead = $27,280
(iv) Cost of Goods manufactured = Cost of products sold without adjustment + Ending finished goods inventory - Beginning Finished goods inventory
COGM = 574300 + 31020 - 28200
COGM = $577,120
(v) Current manufacturing cost = cost of goods manufactured + Ending WIP - Beginning WIP
Current Manufacturing Cost = 577120 + 22440 - 18700
Current Manufacturing Cost = $580,860
(vi) Direct material used = Current manufacturing cost - direct labor -overhead applied
Direct Material = 599560 - 198800 - 129220
Direct Material = $252,840
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who do you contact if you have questions about repayment plans?
Answers
Answer:
Contact the Department of Education's (ED) Office of Federal Student Aid (FSA) if you have questions about your loans or payments.
Explanation:
mark me brainliest
Answer:
the Department of Education's (ED) Office of Federal Student Aid (FSA) ***
The soft drink industry is dominated by TCCC and PSC. The market is worth $6 billion. Each firm can decide whether to advertise, but advertising costs $1 billion to any firm undertaking it. Moreover, advertising will create only negligible new demand as the market is already saturated. So, for the purpose of this question, assume that the market remains at $6 billion regardless of advertising. If one firm advertises and the other does not, then the former captures the whole market. If both firms advertise, then TCCC captures 60% of the market and PSC captures 40% of the market, but the advertising must be paid for. If neither firm advertises, then the market is again split 60:40, with 60% going to TCCC and 40% to PSC.
Draw the payoff matrix for this game where each player's payoff is equal to the value of market it captures less the cost of advertisement.
Answers
The payoff matrix for the game is:
TCCC\PSC Advertise Not Advertise
Advertise 2,000 5,000
Not Advertise 4,000 3,000
Explanation:In the given scenario, there are two companies: TCCC and PSC and the soft drink market is worth $6 billion. Each firm can decide whether to advertise or not. However, advertising cost is $1 billion for any company taking this step. Advertising will create only negligible new demand as the market is already saturated. Therefore, for the purpose of this question, assume that the market remains at $6 billion regardless of advertising. Let's assume that one firm advertises, and the other does not. In this case, the company that advertises will capture the whole market. Suppose both firms advertise, TCCC will capture 60% of the market, and PSC will capture 40% of the market. If neither company advertises, the market will be split 60:40, with TCCC getting 60% of the market, and PSC getting 40% of the market.The Payoff Matrix for the game where each player's payoff is equal to the value of the market it captures less the cost of advertisement is as follows:
TCCC\PSC Advertise Not Advertise
Advertise 2,000 5,000
Not Advertise 4,000 3,000Thus, the given is the Payoff Matrix for the game where each player's payoff is equal to the value of the market it captures less the cost of advertisement.
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roject managers need to be able to persuade and influence a wide range of people to gain support for their project. this skill is called .
Answers
The ability to listen well is essential for persuasion. Successful influence managers develop the ability to recognize the expectations of others and assess how a specific activity will contribute to meeting those expectations. By listening, you can gain the knowledge you need to focus your influence efforts on the needs of the project.
Project managers influence People:
The project manager has the ability to persuade team members and stakeholders, but in order to succeed more and more, he or she must hone that ability. By fostering a positive work environment, cooperation, and courage, the project manager can persuade others to contribute to project's success.
The most effective project managers are able to maneuver organizational structures and inspire their teams through influence. Project managers may be able to advance into formal leadership positions by using influence in a way that produces favorable results.
The act of influencing involves having an impact on other people's attitudes and behaviors. The capacity to persuade others is a key competency for project managers because they are rarely able to accomplish their goals through direct authority alone. Even when authority can be used, it is preferable to restrain it through influence.
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Assume that you would like to put money in an account today to make sure your child has enough money in 10 years to buy a car. If you would like to give your child $10,000 in 10 years, and you know you can get 5% interest per year from a savings account during that time, how much should you put in the account now?
Answers
A = P(1 + r/n)^(nt)
Where:
A = the future value of the investment
P = the principal (initial investment)
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the time period (in years)
Using this formula, we can solve for P, the amount of money we need to put in the account now:
A = $10,000 (the future value we want)
r = 0.05 (the annual interest rate)
n = 1 (since interest is compounded annually)
t = 10 (the time period in years)
P = A / (1 + r/n)^(nt)
P = $10,000 / (1 + 0.05/1)^(1*10)
P = $10,000 / (1.05)^10
P = $10,000 / 1.62889
Therefore, you should put approximately $6,131.41 in the savings account now to ensure that you will have $10,000 in 10 years, assuming a 5% annual interest rate compounded annually.
How much is a standard tip?
•10-15 percent
•15-20 percent
•20-25 percent
•25-30 percent
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to increase their individual profits, members of a cartel have an incentive toa.increase production above the level agreed upon.b.ignore the choices made by the other firms and act as a monopolist.c.charge the same price a monopolist would charge.d.charge a higher price than the other members of the cartel.
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D. To increase their individual profits, members of a cartel have an incentive to charge a higher price than the other members of the cartel.
This is because by charging a higher price, they can capture a larger share of the market and earn more profits. However, this strategy only works if all the members of the cartel stick to the agreed-upon production levels and pricing strategy. If one member deviates from the agreement and increases production or lowers prices, it can undermine the cartel's pricing power and lead to a price war. Therefore, maintaining a stable cartel requires cooperation and adherence to the agreed-upon rules.
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If an economy is in recession, discuss the differing effects created by a tax cut vs. A GDP-G increase to close the gap. Use the concept of multipliers in your answer.
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Answer:
Explanation:
increase government spending will result in increased aggregate demand, which then increases the real GDP, resulting in an rise in prices. ... Conversely, to close an expansionary gap, the government would increase income taxes, which decreases aggregate demand, the real GDP, and then prices.
Economic recession takes place because of fluctuation within the variation. When the contraction point of the trade cycle prolongs or stays for quite six months then recession takes place in an economy. it's a situation when the entire economy shrinks down.
GDPwhen increased government spending will end in increased aggregate demand, which then increases the 000 GDP, as a lead to an increase in prices. Also Conversely, to shut an expansionary gap, the govt. would increase income taxes, which decreases aggregate demand, the important GDP, and also then prices.
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