Answer:
Instructions are listed below
Explanation:
Giving the following information:
She will be paying you $39,769 at the end of this year, $79,538 at the end of next year, and $119,307 at the end of the year after that.
The interest rate is 11.7 % per year.
A) We need to use the following formula:
NPV= Cf/[(1+i)^n]
NPV= 39769/1.117^1 + 79538/1.117^2 + 119307/1.117^3
NPV= 184,958.1
B) We need to use the following formula:
FV= PV*(1+i)^n
FV= 287,929.41
The full question is:
Karl's Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl's is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of these requests, Karl has entered into negotiations with three providers of high-quality rock climbing shoes and gear. What do Karl's activities show about his marketing for Karl's Sporting Goods?
Answer:
He has a marketing concept and is acting on it.
Explanation:
A marketing concept is the way by which businesses identify the needs of customers and come up with strategic ways of meeting those needs better than competing firms.
Different marketing concepts include: production concept, product concept, selling concept, marketing concept, and the societal marketing concept.
In the given scenario Karl's sporting goods only catered for fly fishers but as demand for other items increased they branched into other outdoor sport items.
He is stocking gear for swimming, rock climbing, and mountain bikers through partnership with suppliers even if they are not his primary market.
This is acting on marketing concept to be able to meet demand for the other outdoor sporting activities he does not normally supply
Answer: Users.
Explanation:
There are 7 positions in the Buyer Decision Process which includes the Initiators, the buyers, decision makers, influencers, Users and Gatekeepers.
The Users are the finally people who actually use the product and their opinion matters. They are usually consulted on how to make a product better in the post-evaluation process.
Kate as a sales representative arranged to meet students and got their feedback on textbooks with the aim of using their feedback to make their textbooks better. This would signify that the students play a USER role in the buying centre and their opinion is being used to learn to make a product better. Also, the company sells textbooks and textbooks are usually for students.
Answer:
Job enlargement strategies increase job satisfaction more than job rotation strategies
Explanation:
The job enlargement refer to do multiple task at the same time. It includes more responsibilities and duties at the same level in the organization so that the employee cant bore from their day to day work. It reduces the boredom of the employees at the time time it also focuses on the employee satisfaction level.
Whereas the job rotation means the switching of job from one job to another so that they grow in near by future.
In the given situation, the Crafty cookbooks change its working way due to which many employees are frustrated which results into the quitting of job, firing of employees, etc that represents the job enlargement with job satisfaction and more than job rotation
Answer:
outsourcing
Explanation:
Outsourcing is the process where the company wants to hire someone for the completion of the organization work in order to save the cost of the company
here is the given situation, is hiring a permanent receptionist, it is better to contact someone for work in some selected days during each week so that the work of the company could not be stopped also the firm can save the cost
Hence, the third option is correct
