Answer:
The correct answer is (b)
Explanation:
Sale promotion is an effective way to improve short-term sales and at the same time attract new potential buyers. Ice scrapers sale promotion strategy will help them to increase their sales revenue. As they are offering buy two get one free sale on black Friday the overall prices will decrease that will increase the demand.
Answer: When we remove outliers from a data set, the sum total of all the values in the data set will decrease by the total value of outliers removed. The total number of observations will also decrease. The new mean will be lesser than the mean of the original data set.
Since the standard deviation measures the deviations from the mean, the outliers affect the value of standard deviation too.
When these outliers are removed, the deviations from the mean will also decrease and the standard deviation will be lesser than the standard deviation observed in the data set that had outliers.
Answer: External opportunity
Explanation:
External opportunities are legal, political, economical, social, technological, environmental and cultural factors that may benefit an organization. External opportunities are beyond the control the organization.
In the scenario illustrated, the act of terrorism in the United States on 11th September 2001, led to a growth in cruise travel. This is an example of external opportunity as the growth wasn't caused by an internal factor.
Answer:
The NPV of the project is $974.
Explanation:
The net present value is the today's value of a stream of cash flows. The net present value will be the sum of all the expected future cash flows from a project less the initial investment required for the project and it is used to evaluate the investment decisions.
The net present value of an investment project will be:
NPV = CF1 / (1+r) + CF2 / (1+r)^2 + ... + CFn / (1+r)^n - Initial investment
or
If the cash flows are constant or of same amount through out, occur after the same interval of time and are for a defined period of time, they become an annuity and the NPV of such a project can be calculated by,
NPV = (Cash flow per period * Present value of Annuity factor) - Initial cost
The NPV of this project will be = (2000 * 2.4869) - 4000 = 973.8 rounded off to $974
Answer:
Since Jason Is the marketing head, he needs approval from someone on the marketing and accounts department who has a senior position than him.
The project budget change is related to the promotion of campaign which comes under the marketing umbrella, which is why he needs approval of marketing and accounts department.
