Who said that "innovation grew from the ashes of the creative destruction" of businesses that have depended on traditional techniques?
Joseph Schumpeter
Ralph Waldo Emerson
Mark Hedlund
Mark Cuban
Answers
Joseph Schumpeter
Joseph Schumpeter said that "innovation grew from the ashes of the creative destruction" of businesses that have depended on traditional techniques. Schumpeter, an economist, introduced the concept of creative destruction to describe the process of continuous transformation that accompanies disruptive innovation in industries.
What is creative destruction?
Creative destruction is the dismantling of long-standing practices in order to make way for innovation and is seen as a driving force of capitalism.
Creative destruction describes the deliberate dismantling of established processes in order to make way for improved methods of production.Creative destruction is most often used to describe disruptive technologies such as the railroads or, in our own time, the internet.The term was coined in the early 1940s by economist Joseph Schumpeter, who observed real-life examples of creative destruction, such as Henry Ford’s assembly line. Creative destruction can be seen across many different industries such as technology, retail, and finance.Creative destruction often has unintended consequences such as temporary losses of jobs, environmental issues, or inequity.To know more about Creative destruction visit:
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Related Questions
Gordon ramsay made his tv debut on which competitive cooking show?.
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according to the previous formula, this increase in the cost of capital will cause the value of the firm to
Answers
According to the previous formula, this increase in the cost of capital will cause the value of the firm to decrease.
In finance, the cost of capital is the pace of return expected by financial backers to give assets to a company's tasks or speculation projects. It addresses the open door cost of putting resources into a specific organization. At the point when the expense of capital increments, it implies that financial backers require a better yield on their venture to make up for the expanded gamble or decreased engaging quality of the company's tasks.
At the point when the expense of capital builds, the worth of the firm is supposed to diminish on the grounds that the higher rebate rate used to ascertain the current worth of future incomes decreases their general worth.
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Which of the following countries did not trade with the Phoenicians?
O Babylonia
Japan
O Egypt
Greece
Answers
Japan
Why is it more impactful for a large multinational corporation to set sustainability goals than a smaller company?
Answers
It can influence a large supply chain , it has more influence on other businesses, it has longer social network . these are more impactful for a large multinational corporation to set sustainability goals than a smaller company.
What is the impact of supply chain on sustainability?
The typical consumer company's supply chain creates far greater social and environmental costs than its own operations, accounting for more than 80 percent of greenhouse-gas emissions and more than 90 percent of the impact on air, land, water, biodiversity, and geological resources.
What is supply chain sustainability and how can it be achieved?
Supply chain sustainability refers to companies' efforts to consider the environmental and human impact of their products' journey through the supply chain, from raw materials sourcing to production, storage, delivery and every transportation link in between.
What is meant by sustainable supply chain?
A sustainable supply chain is one that fully integrates ethical and environmentally responsible practices into a competitive and successful model.
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Which person is vulnerable to identity theft?
A.
Beverley opens a line of credit to purchase a household appliance.
B.
Deborah fills out her income tax form and includes her Social Security number.
C.
Josiah misses three monthly car loan payments in a row.
D.
Randell uses a computer at a public library to view his bank account online.
Answers
Answer:
D. Randell
Explanation:
this is because anyone can walk behind him and see his info. plus library computers dont have much security, which makes it easily accessible by hackers
Randell using a computer at a public library to view his bank account online is vulnerable to identity theft. Thus, option 'D' is the correct option.
What is identity theft?Identity theft happens when someone commits fraud or another crime using another person's personal information—such as their name, identification number, or credit card number—without that person's consent. In 1964, the phrase "identity theft" was first used. Since that time, both the U.K. and the U.S. have statutory definitions of identity theft that include the theft of personally identifiable information.
Identity theft is the intentional exploitation of another person's identity to acquire financial advantages, access to credit, and other benefits, as well as maybe to hurt or lose another person. When someone's identity is stolen, bad things might happen to them, especially if they are wrongly accused of being the offender. In this instance, the identity thief assumes a different identity in order to disguise their own true identity.
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do you derive the income for which you are claiming treaty benefits?do you derive the income for which you are claiming treaty benefits?
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Yes, in order to claim treaty benefits, it is necessary to derive the income for which the benefits are being claimed.
1. Determine the income for which you are claiming treaty benefits: Identify the specific type of income you are receiving, such as dividends, interest, royalties, or capital gains.
2. Review the applicable tax treaty: Consult the tax treaty between your country of residence and the country from which the income is derived. Analyze the provisions related to the specific type of income you are receiving.
3. Understand the eligibility criteria: Familiarize yourself with the requirements outlined in the tax treaty for claiming treaty benefits. These criteria may include conditions related to residency, ownership, limitation on benefits, and specific provisions for the type of income in question.
4. Establish eligibility for treaty benefits: Ensure that you meet all the criteria specified in the tax treaty. This may involve proving your residency status, meeting certain ownership thresholds, or satisfying any other relevant conditions.
5. Document the derivation of income: Gather all the necessary documentation and evidence to substantiate that you are indeed deriving the income for which you are claiming treaty benefits. This may include financial statements, contracts, invoices, or any other relevant records.
6. Apply for treaty benefits: Complete the required forms or applications as per the tax authorities' guidelines. Clearly indicate the specific income for which you are seeking treaty benefits and provide all the supporting documentation as requested.
7. Review and compliance: Ensure that you have accurately completed the application and complied with any additional requirements or procedures specified by the tax authorities. Double-check all the information provided to minimize errors or discrepancies.
8. Submit the application: Submit your application for treaty benefits to the relevant tax authority. Follow any instructions regarding submission methods, deadlines, or accompanying materials.
9. Monitor the application: Keep track of the progress of your application and respond promptly to any additional requests for information or clarification from the tax authorities.
10. Maintain records: Retain copies of all the relevant documents, applications, and correspondence related to your claim for treaty benefits. These records will be essential for future reference or in the event of an audit or review by tax authorities.
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A business traveler joined the starwood preferred guest program in order to earn points each time he stayed overnight in a westin or sheraton hotel. Once he has accumulated enough points, he can trade his points in for a free night's stay. As a member of this program, the traveler receives periodic updates on new hotels and learns of ways to earn additional points. The marketing term that best describes this scenario is
Answers
This scenario is an example of loyalty marketing that rewards customers for their repeat business. Loyalty marketing programs, such as the Starwood Preferred Guest program, incentivize customers to stay at specific hotels or use specific services by offering rewards such as points or discounts.
These programs offer customers a number of benefits, including access to exclusive offers and benefits, priority booking and a simplified booking process. Points earned through the program can be exchanged for free stays, discounts or other rewards. By engaging customers multiple times, loyalty programs help foster better relationships between businesses and their customers, leading to increased customer loyalty and potential future business.
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When an advertiser buys a total bus, ads will most likely:
A. appear on transit benches.
B. cover the interiors of many buses.
C. reach 100 percent market coverage.
D. cover the entire exterior space on a bus.
E. include a full showing at a discounted price.
Answers
When an advertiser buys a total bus, ads will most likely cover the entire exterior space on a bus (option D).
Explanation:
This means that the advertiser's message will be seen by anyone who comes across the bus, whether they are pedestrians, drivers, or passengers in other vehicles. It provides a high level of visibility and exposure for the brand. However, it is possible that the advertiser may also choose to include some interior ads, but the primary focus will be on the exterior. A full showing at a discounted price (option E) may also be a possibility, depending on the terms negotiated between the advertiser and the transit company.
What do you understand by advertiser?
A person or company that pays for a product, event, or job to be advertised in a newspaper, on television, or on a poster is known as an advertiser.
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Select the correct answer. Which term describes the ability to use different types of reasoning for different situations and analyze the possible outcomes of a decision? A. critical thinking B. goal setting C. decision making D. planning
Answers
None of the other answers make sense.
Critical thinking involves deep thought into a problem while also factoring other events into play.
Explanation- you need to think to analyze situations
Business transactions completed by Hannah Venedict during the month of September are as follows.
a. Venedict invested $60,000 cash along with office equipment valued at $25,000 in exchange for common stock of a new company named HV Consulting.
b. The company purchased land valued at $40,000 and a building valued at $160,000. The purchase is paid with $30,000 cash and a long-term note payable for $170,000.
c. The company purchased $2,000 of office supplies on credit.
d. Venedict invested her personal automobile in the company in exchange for more common stock. The automobile has a value of $16,500 and is to be used exclusively in the business.
e. The company purchased $5,600 of additional office equipment on credit.
f. The company paid $1,800 cash salary to an assistant.
g. The company provided services to a client and collected $8,000 cash.
h. The company paid $635 cash for this month’s utilities.
i. The company paid $2,000 cash to settle the account payable created in transaction c.
j. The company purchased $20,300 of new office equipment by paying $20,300 cash.
k. The company completed $6,250 of services for a client, who must pay within 30 days.
l. The company paid $1,800 cash salary to an assistant.
m. The company received $4,000 cash in partial payment on the receivable created in transaction k.
n. The company paid $2,800 cash in dividends.
Required
1. Prepare general journal entries to record these transactions (use account titles listed in part 2).
2. Open the following ledger accounts—their account numbers are in parentheses (use the balance column format): Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Fees Earned (402); Salaries Expense (601); and Utilities Expense (602). Post the journal entries from part 1 to the ledger accounts and enter the balance after each posting.
3. Prepare a trial balance as of the end of September
Answers
Here are the journal entries for the transactions and the resulting trial balance:
Journal Entries:
a. Debit: Cash $60,000; Credit: Common Stock $60,000
b. Debit: Land $40,000; Debit: Building $160,000; Credit: Cash $30,000; Credit: Notes Payable $170,000
c. Debit: Office Supplies $2,000; Credit: Accounts Payable $2,000
d. Debit: Automobiles $16,500; Credit: Common Stock $16,500
e. Debit: Office Equipment $5,600; Credit: Accounts Payable $5,600
f. Debit: Salaries Expense $1,800; Credit: Cash $1,800
g. Debit: Cash $8,000; Credit: Fees Earned $8,000
h. Debit: Utilities Expense $635; Credit: Cash $635
i. Debit: Accounts Payable $2,000; Credit: Cash $2,000
j. Debit: Office Equipment $20,300; Credit: Cash $20,300
k. Debit: Accounts Receivable $6,250; Credit: Fees Earned $6,250
l. Debit: Salaries Expense $1,800; Credit: Cash $1,800
m. Debit: Cash $4,000; Credit: Accounts Receivable $4,000
n. Debit: Dividends $2,800; Credit: Cash $2,800
Trial Balance:
Cash: $57,965; Accounts Receivable: $6,250; Office Supplies: $1,000; Office Equipment: $52,900; Automobiles: $16,500; Building: $160,000; Land: $40,000; Accounts Payable: $3,600; Notes Payable: $170,000; Common Stock: $76,500; Dividends: $2,800; Fees Earned: $14,250; Salaries Expense: $3,600; Utilities Expense: $635.
The journal entries record the specific financial transactions, including investments, purchases, payments, and revenues, made by Hannah Venedict's company, HV Consulting, in September. These transactions are then posted to their respective ledger accounts, such as Cash, Accounts Receivable, Office Supplies, and so on. Each ledger account shows the debits and credits associated with the transactions and their resulting balances.
The trial balance is a summary of all the ledger account balances, presenting a snapshot of the company's financial position at the end of September. It ensures that the debits equal the credits and helps in preparing financial statements. In this case, the trial balance reveals the balances of various accounts, such as cash, receivables, payables, and equity accounts like common stock and dividends.
Overall, the journal entries, ledger accounts, and trial balance provide a comprehensive overview of the financial transactions and the resulting account balances for HV Consulting in September.
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You are looking at the company that just paid $0.50 dividend, and is planning to pay two more dividends for next two years, $1.00 and $1.50 respectively. After that management plans to stop paying dividend for 5 years and is going to plow its operating cash flows back into the company and invest to fuel future cash flow growth. After five years management is planning to resume company’s dividend of $2.00 per share in year 8 and thinks that they will be able to increase the dividend by 1.50% per year thereafter. If investors require 11% return on this stock, what is its current share price?
Answers
The current share price of the stock can be calculated by finding the present value of all the future dividends and the price of the stock at the end of year 8. Considering the dividends and the required return, the current share price is approximately $17.25.
To calculate the current share price, we need to find the present value of all the future cash flows, including the dividends and the price of the stock at the end of year 8. The dividends for the next three years are $0.50, $1.00, and $1.50, respectively.
First, we need to calculate the present value of the dividends using the required return of 11%. We discount each dividend by the corresponding number of years to find their present values. After five years of no dividends, we calculate the present value of the dividend in year 8 and the future stream of dividends with a growth rate of 1.50% per year.
Next, we calculate the present value of the price of the stock at the end of year 8 using the required return.
Finally, we sum up the present values of all the cash flows to find the total present value, which represents the current share price of the stock. By performing these calculations, we find that the current share price is approximately $17.25.
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We have been discussing the structure of and tools used by the Federal Reserve Bank (Fed). If it were up to you, what directions would you give to the Fed regarding policy goals and targets. Would you change the current Fed?; Leave it alone?; Close it?...
Answers
Answer:
The description is summarized in the clarification portion below, and according to the particular context.
Explanation:
Throughout the banking as well as the financial system of the United States of America, the Fed would be a leading organization. The Fed has dual inflation stabilization goals and maximum jobs. For some of these two Federal Reserve goals, there seems to be a clear compromise. The equilibrium between any of these two must be created. The US economy is running well above potential output, but in such a situation, the Fed should keep a watchful eye on a future current price increase, or market stabilization would have to be a goal.Therefore, because the Fed would be a monetary policymaker, it would rely more on inflation stabilization. Jobs factors may also be tackled by monetary policies. In other words, the Fed should give great importance to market stability instead of full jobs. The Fed becomes currently operating independently and therefore its activity is free of political intervention, so it must function like this. This wouldn't be the best measure to shut the Fed. Since the Fed figured prominently in mitigating the detrimental consequences of the 2008-2009 crisis. With the aid of the Fed, long term financial crises or inevitable crises will be stopped comfortably.write any three features of our social culture
Answers
Explanation:
Culture has five basic characteristics: It is learned, shared, based on symbols, integrated, and dynamic. All cultures share these basic features.Answer:
The features of our social culture are :
i) It brings understanding amongst the people of different backgrounds.
ii ) Culture includes attitudes , rituals , traditions, norms , values and knowledge
iii) Culture is learned as well as acquire from the ancestors.
CGS2512: Spreadsheet Concepts and Practices
Please access "Brainfuse Online Tutoring" by clicking on it in the course navigation menu. You are tasked with reviewing Brainfuse, scheduling an actual tutoring session, and writing about your experience. Discuss things you liked and found helpful and things you did not. Please end your discussion with whether you would recommend Brainfuse Online Tutoring to other learners and why.
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Please find "Brainfuse Online Tutoring" in the course menu and click on it. Share what you enjoyed and found useful, as well as what you did not.
What is Brainfuse's current position?
Brainfuse JobNow & VetNow is a one-stop shop for all of your career and veteran requirements, whether it's preparing a resume, writing a cover letter, navigating the VA system, or adapting to a civilian profession. To empower users, JobNow and VetNow provide professional coaching and self-study resources. Please email your resume to if you want to work as a tutor with Brainfuse. We will thoroughly analyze your résumé and provide you a Brainfuse registration code through email. If you have already received a Brainfuse registration code.
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why do I have to pay
Answers
Answer:
Pay for what?
Explanation:
Most things require you to pay a fee.
How do customers find out about Donny Ouyang's company
Answers
Answer:
People found out about his company through different types of promotion over the Internet. As well as offline around his community. Most people reach his Web sites through search engines like Gooogle and Bing.com.
Explanation:
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OJT is best for large groups.
True
False
Answers
I think this is right
there are12 federal reserve regional banks. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? governments in developing countries during currency crises u.s. state governments when they run short on tax revenues u.s. banks that cannot borrow elsewhere the federal reserve's primary tool for changing the money supply is . in order to increase the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.
Answers
The Federal Reserve acts as a lender of last resort to U.S. banks in need and uses open market operations to influence the money supply, interest rates, and economic growth.
The Federal Reserve's role as a lender of last resort involves lending to U.S. banks that cannot borrow elsewhere. During financial crises, banks may experience liquidity problems and struggle to obtain funding from other sources. In such cases, the Federal Reserve can step in to provide loans to these banks, helping them to avoid default and maintain stability in the financial system.
The Federal Reserve's primary tool for changing the money supply is open market operations, which involve the buying and selling of government bonds. When the Federal Reserve buys government bonds, it injects new money into the economy, increasing the money supply. Conversely, when it sells government bonds, it takes money out of the economy, decreasing the money supply.
By controlling the money supply, the Federal Reserve can influence interest rates, inflation, and economic growth. For example, by increasing the money supply, the Federal Reserve can lower interest rates, making it cheaper for businesses and individuals to borrow money. This can stimulate economic activity and promote growth. On the other hand, if inflation is a concern, the Federal Reserve may choose to decrease the money supply, which can help to curb inflationary pressures.
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A wholesaler delivers makeup to supermarkets, sets up the items on racks,
and keeps track of inventory. This is an example of a
A. manufacturer's sales branch
B. truck jobber
C. rack jobber
D. drop shipper
Answers
Answer:
c. rack jobber
Explanation:
A wholesaler delivers makeup to supermarkets, sets up the items on racks, and keeps track of inventory. This is an example of a rack jobber. Hence, option C is correct.
What is wholesaler delivers?A wholesaler's main duty is to improve the efficiency of the supply chain for the gain of producers, distributors, and end consumers. At the same time, wholesalers help distributors manage their assets more efficiently.
Between a manufacturer, who creates a product, and an organization farther down the supply chain, a distributor serves as a link. A value-added reseller, or downstream company, can be either a wholesaler or a retailer.
A distributor is a company that buys non-competing products or product lines and resells them to customers directly. The majority of distributors also provide a range of services, including service, technical support, and warranty protection.
Thus, option C is correct.
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A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of size (measured in thousands of square feet) and whether or not there is a fireplace (FP is 0 if there is no fireplace, 1 if there is a fireplace). Part of the regression output is provided below based on a sample of 20 homes. Some of the information has been omitted.
Variable Coefficients Standard Error t-Stat
Intercept 128.93746 2.6205302 49.203
Size 1.2072436 11.439
FP 6.47601954 1.9803612 3.27
a. The estimated coefficient for size is approximately _____.
b. How many predictors (independent variables) were used in the regression?
Answers
Answer:
a. The estimated coefficient for size is approximately 13.81.
b. In the regression, two predictors are used. These two predictors are size and fireplace (FP).
Explanation:
a. The estimated coefficient for size is approximately _____.
Estimated coefficient for size = Standard Error of size * t-Stat of size = 1.2072436 * 11.439 = 13.81
Therefore, the estimated coefficient for size is approximately 13.81.
b. How many predictors (independent variables) were used in the regression?
Independent variables can be described as variables that are changed or manipulated in order to measure the effect of their changes on the dependent variable. Independent variables are therefore also called predictors because they employed to predict the dependent variable.
In the regression, two predictors are used. These two predictors are size and fireplace (FP).
If anyone can please help asap
Answers
Answer:
1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased.
2. Dollar vote: increased neighborhood crime is caused by a pawn shop.
3. Public goods: a freeway is available for all to use.
4. Positive externality: public education in the United States results in benefits for others around the world.
Explanation:
1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased. A negative externality arises when the production or consumption of a finished product or service has negative impact (cost) on a third party.
2. Dollar vote: increased neighborhood crime is caused by a pawn shop. A dollar vote describes how the consumer's purchasing power influences the type (quantity) of goods to be produced and supplied to the market.
3. Public goods: a freeway is available for all to use. It refers to any goods that is accessible and available to the general public at all times without an additional fee, charges or cost.
4. Positive externality: public education in the United States results in benefits for others around the world. A positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.
Suppose the adult population in the country of Candora is 171 million. The number of adults in the labor force is 97 million, and the number of unemployed adults is 74 million. The labor force participation rate in Candora approximately equals _____.
Answers
Answer:
The labor force participation rate in Candora approximately equals 56.72%.
Explanation:
Given that the adult population of Candora is 171 million, of which 97 million are in the workforce and 74 million are unemployed, to obtain the percentage of participation in the workforce of said country we must carry out the following calculation:
171 = 100
97 = X
(97 x 100) / 171 = X
9700/171 = X
56.72 = X
Thus, the percentage of participation in the Candora workforce is 56.72% of the country's adult population, while the remaining 43.28% are unemployed.
Which of the following influences the consumer when he or she is deciding wether to buy a product?
A. The stock market
B. Opinion factors
C. External factors
D. Multiple factors
Answers
Answer:
D.
Explanation:
The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.
These factors include psychological factor, social factor, cultural factor, situational factor, etc.
Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.
Therefore, option D is correct.
Answer: External factors
Explanation:
what are the two general areas of specialization in accounting?
Answers
Answer:
Financial Accounting. Financial accounting is an area of accounting that deals with the recording, classifying, reporting and interpreting of a business financial performance and economic conditions to interested users ...
Managerial Accounting. Managerial Accounting is an area of accounting that deals with accumulation of financial information and preparation of reports for internal users only, like the company’s management or ...
Cost Accounting. Cost Accounting is an area of accounting that captures and accumulates manufacturing or production costs for internal use of an entity’s management, used in decision making purpose.
Explanation:
if the maker or drawer of a nonnegotiable contract fails to pay it, the holder of the contract can sue the nonperforming party for breach of contract. True or false?
Answers
The given statement "If the maker or drawer of a non-negotiable contract fails to pay it, the holder of the contract can sue the non-performing party for breach of contract" is false.
A non-negotiable contract is a legal agreement that can't be transferred to another person by assignment or endorsement. Non-negotiable instruments can't be negotiated between different parties and are intended for use only by the original parties to the agreement.
A breach of contract happens when one party to the agreement doesn't fulfill its part of the contract. A contract breach can happen when a party doesn't perform on time, delivers a defective item, or fails to meet its obligations in some other way.When an agreement is breached, the other party can file a lawsuit to seek relief or file a complaint with the court to enforce the terms of the agreement. They can also sue to obtain damages resulting from the breach and any losses they may have sustained.So, a non-negotiable contract holder cannot sue the non-performing party for breach of contract. They have other legal options that they can pursue, but they cannot sue for breach of contract.
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suppose there is a 30% chance that an oil spill will occur in an area and the economic damage of the potential spill is $1 million ($1,000,000). what is the expected value of a spill?
Answers
An oil leak has a 30% chance of happening in a certain area, and the potential economic damage is $1 million ($1,000,000). A spill's projected financial impact is $300,000.
The expected value of a spill can be calculated as the product of the probability of occurrence and the economic damage in case of a spill:
Expected value = Probability of occurrence x Economic damage
In this case, the probability of an oil spill occurring is 30%, or 0.3 as a decimal. The economic damage in case of a spill is $1 million. Therefore, the expected value of a spill can be calculated as:
Expected value = 0.3 x $1,000,000
Expected value = $300,000
So, the expected value of a spill is $300,000.
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Marlon wants to save money over a long period of time. He does not need to have easy access to the money, and he is worried about losing his investment. He would like to know the
interest rate up front. Which of the following options would best suit his needs?
O Certificate of deposit
OIRA
O Traditional checking account
Traditional savings account
Answers
Answer:
A. Bonds.
Explanation:
I majored in Business
The option which fulfills the needs of Marlon is a Certificate of deposit. Thus the correct answer is A.
What is a Certificate of Deposit?A certificate of deposit is considered a kind of saving account which helps the account holder to carry a set amount for a fixed period of time. The duration can be of six months, a year, or five years. The bank will be the interest rate to the holder based on the duration.
Marlon wishes to acquire savings over time. He does not require easy access to the funds and is concerned with losing his investment. He wants to know the interest rate right away. In this situation Certificate of the deposit will be suitable as it holds money for a fixed duration of time.
This will be better as it provides a higher rate of interest and does not charge any maintenance fees from the account holder.
Therefore, option A Certificate of deposit.
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use an optimization model to determine the best course of action for your real estate company, using the following assumptions: you wish to maximize the net present value of profit over the next eight quarters. assume 6% irr, compounding quarterly. (so 1.5% per quarter) in each neighborhood in which they open an office, they will achieve a baseline of 5.5% market penetration, and earn a 5% commission on sales. for every .1% the commission you charge decreases, your market penetration will increase by .15%, (down to a minimum penetration of 4% or a maximum of 6%) you must pay rent and utilities in each office you open each month. determine the average cost per gross square foot of commercial real estate in your neighborhood for the last year (in nyc historical). [when determining this value, you should exclude properties where gross square feet or sale price is unknown.] each month you will pay 1.5% of this for rent and utilities for each square foot of office space you rent. you must rent at least 250 square feet of office space, plus 125 for each employee you hire. you may hire up to 3 employees. each employee you hire costs a yearly salary $65,000 including benefits, and increases your market penetration by .5%. your monthly operating budget is $15,000. you may add other assumption you deem realistic so long you provide the explanation in your report.
Answers
The best course of action for the real estate company is to open offices in neighborhoods with higher market penetration and lower commercial real estate costs, hire up to 3 employees, and set commission rates to achieve maximum net present value of profit over the next 8 quarters while staying within the monthly operating budget of $15,000.
To optimize net present value of profit, the real estate company should analyze market penetration, commission rates, and real estate costs in each neighborhood to determine which locations will yield the highest profit.
The company should also hire up to 3 employees to increase market penetration while staying within the operating budget. The commission rate should be set to maximize profit while also taking into account the relationship between commission rates and market penetration.
The company should aim to rent office space in neighborhoods with low commercial real estate costs and high market penetration, and adjust the office space size to meet the minimum requirements while minimizing costs.
Finally, the company should regularly monitor and adjust its strategy to adapt to changing market conditions.
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housing prices in the united states fell sharply in 2007 and 2008, contributing to a severe recession as the ad curve shifted leftward. the ordinary as/ad model would predict that falling short-run aggregate supply would bring deflation and move the economy back to potential output. which of the following describes the impact of dynamic feedback effects on this return to potential output?
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Expectations that prices might fall further could cause people to reduce spending, shifting the AD curve further to the left.
Companies decide how much to ship based on the profit they want to make. Similarly, profits are determined by the price of the products a firm sells and the prices of the inputs it must purchase (such as labor and raw materials). Aggregate supply or AS refers to the total output that a firm produces and sells, i.e. real GDP. The aggregate supply curve shows the total output (real GDP) that a firm produces and sells at each price level.
The next graph shows the aggregate supply curve. Let's start by looking at the chart elements one by one. The meaning of the horizontal and vertical axes, the aggregate supply curve itself, and the vertical line of potential GDP.
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An investment company registered under the investment company act of 1940, whose specific purpose is to aid in the promotion and development of small businesses, is:_________
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An investment company registered under the investment company act of 1940, whose specific purpose is to aid in the promotion and development of small businesses, is a business development company.
What is investment?
An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.
According to the company are the registered to the company act of 1940, the business development of the company are the specific purposes of the promotion and the development of the small business.
As a result, the business development company is the company act of 1940.
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