Answer: Bureaucratic organization
Explanation:
A bureaucratic organization is an organization with a pyramidal shaped structure thereby decisions are made in an organized manner and there is high formality in its operations. It involves different layers of management from the top executives to managers till it gets to the lower staffs
Authority and decision making generally comes from the top till it gets to lower layers. Examples of bureaucratic organizations can be found in colleges and police departments.
Answer:
Project 1
Explanation:
IO PI IRR LIFE
Project 1 $300,000 1.12 14.38% 15 years
Project 2 $150,000 1.08 13.32% 6 years
Project 3 $100,000 1.20 16.46% 3 years
Assume that the cost of capital is 12%.
We should invest in the projects that have the highest profitability index (PI) first.
PI = present value of project's cash flows / initial outlay
Projects with a high PI should also have high IRRs and this applies to this situation:
- Project 3 has a PI of 1.2 and an IRR of 16.46%
- Project 1 has a PI of 1.12 and an IRR of 14.38%
- Project 2 has a PI of 1.08 and an IRR of 13.32%
If the protects weren't mutually exclusive and the company had enough money for the 3 of them, then it should invest in all of them. But that is not the case, here, since the company has to decide in which project it will invest (only 1 project). The first option should be project 3, but since it cannot be repeated, and its life is short, I would go for project 1.
Besides, it is the only possible answer since you have to choose only 1 project (remember projects are mutually exclusive).
Answer:
Sensory retailing.
Explanation:
If a gourmet cooking store encourages customers to sample fresh baked apple pie in order to encourage purchases of pie pans and rolling pins they are engaging in sensory retailing.
In marketing, sensory retailing can be defined as a strategic process which involves the creation of an atmosphere that attracts potential customers and has a positive influence or effect on them.
Generally, sensory retailing involves the process of appealing to the customer's taste, smell, sight, tactile, and olfactory senses, thus, affecting their perception, judgment and behavior positively.
<em>Hence, when properly designed, harnessed and applied, it boost purchasing behaviors, increases sales revenues, improve customer loyalty, and enhances good vibes or mood among end consumers</em>.
Answer:
Average consumption will be higher at University A
Explanation:
In the given situation the fee of €500 will cater for food for the semester in University A. There is no limit stated but the average student eats 250kg.
This implies that there will be students that eat higher than 250kg here.
Since there is no limit to what they can eat, they eat as much as possible to maximise satisfaction.
In University B on the other hand there is maximum of 250kg covered by the fee of €500.
The average amount of food eaten will be below 250kg as all students eat either at or below the maximum amount
<h2><u>Answer:</u></h2>
Equal Units; Assigning Costs—Weighted-Average Method [LO2, LO3, LO4, LO5] The WireOne Company makes high caliber covered electrical wire in two offices, Weaving and Coating. Materials are presented at different focuses amid work in the Weaving Department.
After the weaving is finished, the materials are moved into the Coating Department, where strength plastic covering is connected. Chosen information identifying with the Weaving Department amid May are given underneath:
The organization utilizes the weighted-normal strategy. Required: 1. Figure the proportional units of creation. 2. Register the expenses per proportional unit for May. 3. Decide the expense of completion work in procedure stock and of the units exchanged to the Coating Department. 4. Set up a cost compromise between the costs decided in (3) above and the expense of starting stock and expenses included amid the period.