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Doss [256]
2 years ago
7

IKEA employees are inspired to work hard by an anecdote from their Swedish founder, Ingvar Kamprad, who told how he was berated

by his father for failing repeatedly to get out of bed to milk the cows on his family’s farm. In an essay he recounts how one day he got an alarm clock. "‘Now by jiminy, I’m going to start a new life,’ he determined, setting the alarm for twenty to six and removing the ‘off button.’" Ingvar Kamprad is an example of a ___________.
Business
1 answer:
MAVERICK [17]2 years ago
5 0

Answer:

Hero

Explanation:

Hero -

It refers to a person can be male as well as a female , who is admired for his or her noble and courageous activity , is referred to as a hero .

Many people makes the hero his or her ideal an tries to follow the lifestyle , character , behavior and nature , and tries to copy him .

Hence , from the given scenario of the question ,

The correct answer is hero .

You might be interested in
Becky martinez paid $65 a share for stock in gbx corporation. the stock has a current market value of $48 a share and pays $1.60
DiKsa [7]

Dividend Yield ratio is calculated as percentage by dividing the Dividend per share by Market price per share. The formula for the Dividend Yield ratio is as follow:

Dividend Yield = Dividend per share / Market Price per share

We are given:

Dividend per share =$1.60

Market Price per share =$48

Hence, Dividend Yield = 1.60 /48 = 0.033 = 3.3%

8 0
2 years ago
Darren's discount Motel offers a 27% discounted rate for stays of a week of more. If you stay for eight nights and the usual tat
Dvinal [7]

Discount rate = 27%

Rate before discount = $125 per night

Rate after discount = 125-27%of 125

= 125-33.75 = $91.25

Total nights = 8

Total amount to be paid = 91.25*8 = $730 (answer)

6 0
2 years ago
Maintenance money for an athletic complex has been sought. Mr. Kendall, the Athletic Director, would like to solicit a donation
Lena [83]

Answer:

Total donation= $76,000,000

Explanation:

Giving the following information:

These maintenance costs are expected to be $1 million each year for the first five years, $1.3 million each year for years 6 through 10, and $1.5 million each year after that. The money is placed in the account that will pay a 5% interest compounded annually.

First, we need to calculate the final value of the donation:

We have 3 perpetual annuities.

FV= 1,000,000/0.05= 20,000,000

FV= 1,300,000/0.05=26,000,000

FV= 1,5000,000/0.05= 30,000,000

Total donation= $76,000,000

8 0
2 years ago
Genna Raiter, the president and CEO of Car Keepers Garage, has asked several of her managers and employees to help establish a s
Nonamiya [84]

Answer:

The options for this question are the following:

A. payoff matrix.

B. mission statement.

C. tactical plan.

D. organization chart.

The correct answer is B. Mission statement.

Explanation:

A good mission statement is a useful tool for well-managed businesses. It is the "why" of business strategy.

A mission statement defines the objectives of what a company does by:

Your clients

The employees

Their owners

Some of the best mission statements also extend to include the fourth and fifth dimensions: what the company does for its community and for the world.

In terms of marketing, a mission statement is a brief paragraph that describes what your business does and why it exists. If that sounds like useless marketing that could be labeled as a long list of the most important things to do, you're not alone.

The reality is that many mission statements are ineffective. Usually, they are the ones written in minutes with very little thought from their creators.

7 0
2 years ago
Delta Insurance Company has a surplus-share treaty with Eversafe Reinsurance. Delta has a retention limit of $200,000, and nine
Luba_88 [7]

Answer:

Delta is responsible for insuring $200,000 / $1,600,000 = 1/8 of the building

Eversafe is responsible for 1 - 1/8 = 7/8

the loss = $1,600,000 x 40% = $640,000

Delta will pay 1/8 x $640,000 = $80,000

Eversafe will pay $640,000 - $80,000 = $560,000

in order for Eversafe to pay:

  • $600,000, the total loss = $685,714, or 42.86% of the building
  • $700,000, the total loss = $800,000, or 50% of the building
  • $720,000, the total loss = $822,857, or 51.43% of the building
  • $800,000, the total loss = $914,286, or 57.14% of the building
3 0
2 years ago
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