A bond pays annual interest. Its coupon rate is 9%. Its value at maturity is $1,000. It matures in four years. Its yield to maturity is currently 6%. The duration of this bond is _______ years.
Answer
a. 2.44 b. 3.23 c. 3.56 d. 4.10

Answers

Answer 1

The duration of this bond is approximately 0.0112 years, which is approximately 3.23 months. Here option B is the correct answer.

To calculate the duration of a bond, we need to consider the present value of the bond's cash flows and the yield to maturity. Duration is a measure of the bond's sensitivity to changes in interest rates.

In this case, the bond has a coupon rate of 9%, a maturity value of $1,000, and matures in four years. The yield to maturity is given as 6%.

To calculate the duration, we first need to calculate the present value of the bond's cash flows. The bond pays annual interest, so it will have four cash flows: three coupon payments and the final maturity value.

The present value (PV) of each cash flow can be calculated using the following formula:

PV = \(Cash Flow / (1 + Yield to Maturity)^n\)

Where:

Cash Flow is the amount of each cash flow

Yield to Maturity is the current yield to maturity of the bond

n is the number of periods until each cash flow is received

The present value of the coupon payments can be calculated as follows:

PV of Coupon Payments = \((Coupon Rate * Face Value) / (1 + Yield to Maturity) + (Coupon Rate * Face Value) / (1 + Yield to Maturity)^2 + (Coupon Rate * Face Value) / (1 + Yield to Maturity)^3\)

Substituting the values given in the problem:

PV of Coupon Payments \(= (0.09 * 1,000) / (1 + 0.06) + (0.09 * 1,000) / (1 + 0.06)^2 + (0.09 * 1,000) / (1 + 0.06)^3\)

PV of Coupon Payments = $84.91 + $80.08 + $75.65 = $240.64

The present value of the maturity value can be calculated as follows:

PV of Maturity Value = $1,000 / (1 + 0.06)^4 = $792.09

Now, we can calculate the duration using the following formula:

Duration = (PV of Coupon Payments * 1 + PV of Maturity Value * n) / Bond Price

The bond price can be calculated as the sum of the present values of the coupon payments and the maturity value:

Bond Price = PV of Coupon Payments + PV of Maturity Value = $240.64 + $792.09 = $1,032.73

Substituting the values into the duration formula:

Duration = ($240.64 * 1 + $792.09 * 4) / $1,032.73 = 11.52 / $1,032.73 = 0.0112 years

Therefore, the duration of this bond is approximately 0.0112 years, which is approximately 3.23 months.

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Answer 2

The duration of this bond is approximately 3.56 years (option c).

Given that a bond pays annual interest. Its coupon rate is 9%. Its value at maturity is $1,000.

It matures in four years. Its yield to maturity is currently 6%.

To find the duration of this bond we need to use the following formula:

Duration = (PV × t) / (1 + y)

where

PV = Present Value or the price of the bond.

t = Time or years to maturity.

y = Yield to Maturity

Using the above formula,

we can calculate the duration of the bond.

Duration = ($911.58 × 3.56) / (1 + 0.06) ≈ 12.989 years

Therefore, the duration of this bond is approximately 3.56 years (option c).

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Related Questions

What was the most damaging effect of bank failures in the great depression?

Answers

The most damaging effect of bank failures in the great depression was that the peoples lost their jobs that were working in the banks.

What is the great depression?

The great depression was the very bad condition of the economy, where there was the fall in the aggregate economy. This phrase started from the year 1929, that continues till 1939.

Many peoples lost their jobs and became unemployed due to the execution of the great depression. The most detrimental effect of bank failures during the Great Depression was that people that worked in banks lost their employment.

Therefore, The great depression was started from the United States and spread to all over the world.

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What is a trend in business

Answers

A trend in buisness is to invest

ray kroc’s development of mcdonald’s would be a good illustration of which form of innovation?

Answers

Ray Kroc's development of McDonald's would be a good illustration of process innovation.

Kroc's innovative approach was to standardize and streamline the fast-food restaurant business model, introducing efficient procedures and systems to increase speed and productivity. He transformed the traditional sit-down restaurant model into a fast-food model, which revolutionized the industry.

Kroc introduced the concept of assembly-line production, where each worker had a specific task to complete, reducing the time it took to serve customers. He also implemented innovative marketing strategies, such as sponsoring local sports teams and offering discounted meals to attract more customers. Kroc's process innovation led to a significant increase in sales and profits, which allowed him to expand McDonald's rapidly.

His innovative approach also set the standard for future fast-food chains, making McDonald's one of the most successful franchises in history.

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there are two main categories of evaluation questions. one type helps you make improvements. what does the other type help you do?

Answers

The other type of evaluation questions helps you assess the effectiveness or outcomes of a program or intervention.

Evaluation questions can be broadly categorized into two types: formative and summative. While formative evaluation questions focus on making improvements and refining a program, summative evaluation questions are aimed at assessing the overall effectiveness and outcomes of a program or intervention.

Formative evaluation questions guide the process of program development and implementation. They help identify areas for improvement, gather feedback, and make necessary adjustments during the program's implementation phase. These questions focus on understanding what is working well, what needs improvement, and how to enhance the program to achieve better results. By addressing formative evaluation questions, organizations can iteratively refine their programs to ensure they meet their goals and objectives.

On the other hand, summative evaluation questions assess the impact and outcomes of a program or intervention. They aim to determine the overall effectiveness, success, and impact of the program. Summative evaluation questions often involve measuring outcomes, such as changes in knowledge, behavior, or quality of life, and assessing whether the program has achieved its intended goals. The answers to these questions provide valuable insights into the program's overall effectiveness and inform future decision-making and resource allocation.

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Final answer:

The second main category of evaluation questions, besides those aiding in making improvements, is intended to assess understanding and mastery. This includes Review Questions, which test basic knowledge and recall, and Critical Thinking Questions, which require application and analysis of learned information.

Explanation:

There are indeed two main categories of evaluation questions. One type, as you mentioned, aids in making improvements. The other type, however, is intended to assess overall understanding and mastery of the subject matter. This category of evaluation questions often includes Review Questions and Critical Thinking Questions.

Review Questions are simple recall questions that test a student's ability to remember and reproduce content that has been explicitly taught. They provide an opportunity for students to demonstrate their basic knowledge of a topic, and the answers to these questions can be directly referenced in the teaching materials.

On the other hand, Critical Thinking Questions are higher-level questions that require students to apply, analyze, and synthesize the information they have learned in different contexts. These questions go beyond simple recall and challenge students to engage with the material on a deeper level, demonstrating their comprehensive understanding of the topics covered.

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In which type of bank do investors
pool their money into a collective
business in order to help each other?
A. Commercial banks
B. Credit union
C. Savings and loans bank
D. Brokerage firms

Answers

the correct answer is answer b. a credit union

The kind of bank do investors pool their money into a collective business in order to help each other is a credit union. Thus, option B is correct.

What is a Credit Union?

A credit union, which is comparable to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions often provide their members services similar to retail banks, such as deposit accounts, credit, and other financial services.

Credit unions, like banks, accept deposits, make loans, and offer a variety of other financial services. Credit unions, on the other hand, being member-owned and cooperative entities, offer a secure place to save and borrow at competitive rates.

A credit union is a customer/member-owned financial cooperative that is democratically governed by its members and exists to maximize the economic advantage of its customers by providing banking services at competitive and fair prices. Hence, option B is correct.

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I am conducting a survey as a project. I need ur help Which one you like 1. Ferrari 2. Lamborghini 3. Mclaren and why?? ( If you couldnt give your choice as an answer, then write it in the comment box below the question )

Pls help

Answers

Answer:

Explanation:

Compared to the McLaren, the Lamborghini has less power, a heavier engine, and less active aerodynamic designs. This allows the Huracán Performante to be an excellent supercar with extreme sounds, feels, and the excitement of a Lamborghini, but in performance the McLaren is superior.

PLEASE HELP QUICK!!!
Which of the following is an advantage of buying your home over renting?
(1 point)
O You do not have to worry about the housing market in your area.
O The amount you pay each month is set by the terms of your mortgage.
O If something breaks, you have to fix it or pay to have it fixed.
O Your mortgage payments will far exceed the value of your home.

Answers

The amount you pay each month is set by the terms of your mortgage.

Answer:

The amount you pay each month is set by the terms of your mortgage.

Explanation:

connexus

What position would be the highest in a company's hierarchy?

A). director of finance
B). finance manager
C). accountant
D). finance administrative assistant

Answers

Answer: D. Finance administrative assistant

Explanation: search all the answers up to see if it matches CEO or is closet to the CEO job

Consider the following financial statement information: Account Beginning Balance Ending Balance Inventory $ 18,600 $ 19,400 Accounts receivable 4,200 4,500 Accounts payable 5,800 5,200 Net sales 76,400 Cost of goods sold 51,700 Assume all sales and purchases are on credit. How long is the cash cycle

Answers

The cash cycle is approximately 302.31 days.

The cash cycle is a measure of the time it takes for a company to convert its investments in inventory and accounts receivable into cash. To calculate the cash cycle, we need to determine the number of days it takes for inventory to be sold (inventory turnover period) and the number of days it takes for accounts receivable to be collected (receivables turnover period).

First, let's calculate the inventory turnover period:

Inventory turnover = Cost of goods sold / Average inventory

Average inventory = (Beginning inventory + Ending inventory) / 2

Cost of goods sold = Net sales - Gross profit

Gross profit = Net sales - Cost of goods sold

Using the given information:

Cost of goods sold = $76,400 - $51,700 = $24,700

Average inventory = ($18,600 + $19,400) / 2 = $19,000

Inventory turnover = $24,700 / $19,000 = 1.3

Inventory turnover period = 365 days / Inventory turnover = 365 days / 1.3 = 281.54 days (approximately)

Next, let's calculate the receivables turnover period:

Receivables turnover = Net sales / Average accounts receivable

Average accounts receivable = (Beginning accounts receivable + Ending accounts receivable) / 2

Using the given information:

Average accounts receivable = ($4,200 + $4,500) / 2 = $4,350

Receivables turnover = $76,400 / $4,350 = 17.59

Receivables turnover period = 365 days / Receivables turnover = 365 days / 17.59 = 20.77 days (approximately)

Finally, the cash cycle is the sum of the inventory turnover period and the receivables turnover period:

Cash cycle = Inventory turnover period + Receivables turnover period

Cash cycle = 281.54 days + 20.77 days = 302.31 days (approximately)

Therefore, the cash cycle is approximately 302.31 days.

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What is the variable cost of a business if its fixed cost is $8900 and its total costs are $14,000?

Answers

The variable cost of the business is $5,100.

How to determine the variable cost

To determine the variable cost of a business, we need to use the formula:

Total cost = Fixed cost + Variable cost

We can rearrange this formula to solve for the variable cost:

Variable cost = Total cost - Fixed cost

Substituting the given values, we get:

Variable cost = $14,000 - $8,900

Variable cost = $5,100

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Answer:

The company's variable cost is $5,100.

Explanation:

A summary of two stocks is shown.


52W high 52W low Name of Stock Symbol High Low Close
37.18 29.39 Zycodec ZYO 39.06 32.73 34.95
11.76 7.89 Unix Co UNX 16.12 12.11 15.78


Last year, a stockholder purchased 25 shares of Zycodec at its lowest price of the year. What is the gain or loss if the stock is sold at the current closing price?
The gain is $55.75.
The loss is $55.75.
The gain is $139.00.
The loss is $139.00.

Answers

The gain if the stock is sold at the current closing price is option c) $139.00.

What is stock?

Stock refers to a share in the ownership of a company. When a company goes public, it may issue shares of stock for sale to the public in order to raise capital. By purchasing stock, investors become partial owners of the company and may have certain rights, such as voting rights and the right to receive a portion of the company's profits through dividends. The value of a stock is determined by supply and demand in the stock market, and can be influenced by a variety of factors such as the company's financial performance, industry trends, and global economic conditions. Investors may buy and sell stocks through stock exchanges or other platforms, and may use a variety of strategies to try to profit from changes in stock prices.

Gain or loss = (selling price - purchase price) * number of shares

Gain or loss = ($34.95 - $29.39) * 25

Gain or loss = $139.00

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Answer:

I can confirm the correct answer is C) The gain is $139.00.

Explanation:

I got it right on the practice exam.

Early on in an amortized loan the interest portion of each payment is typically ______ than the principle portion. Towards the end of the loan term the interest portion of each payment is typically ______ than the principle portion. This is because the principle remaining _______ over the life of the loan. A) less / greater / increases B) greater / less / increases C) greater / less / decreases D) less / greater / decreases

Answers

Answer:

C

Explanation:

An amortized loan is a form of loan which the principle together with the accrued interest component is gradually written off over an agreed period of time at a specified rate.An equal amount is regularly paid over the extended period.

The interest component of an amortized loan is firstly settled before considering the principle amount , which makes the interest component to be higher that the principle at the initial stages. This process leads to a reduction in the volume of the principle balance with time . Moreover , as the principle reduces with time , the interest expenses also reduces , and it eventually gets to a point where the principle component of repayment becomes greater.

What is complementary cumulative normal distribution function?

Answers

The complementary cumulative normal distribution function is a statistical function that calculates the probability that a random variable will have a value greater than a specified value. In other words, it is the complement of the cumulative normal distribution function, which calculates the probability that a random variable will have a value less than or equal to a specified value.

The formula for the complementary cumulative normal distribution function is:

F(x) = 1 - Φ(x)

Where F(x) is the complementary cumulative normal distribution function, and Φ(x) is the cumulative normal distribution function.

In practical terms, the complementary cumulative normal distribution function is used to calculate the probability that a random variable will fall within a certain range.

For example, if we want to calculate the probability that a random variable will have a value greater than 80, we would use the complementary cumulative normal distribution function to find the probability that the variable will have a value less than or equal to 80, and then subtract that probability from 1 to find the probability that the variable will have a value greater than 80.

The complementary cumulative normal distribution function is an important statistical tool that is used to calculate the probability that a random variable will have a value greater than a specified value.

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Problems that can affect a company's international distribution activities include all of the following EXCEPT _________.a. theft and corruptionb. value densityc. risks from potential property damaged. lack of market understandinge. overestimating the knowledge of distributors in emerging markets

Answers

Problems that can affect a company's international distribution activities include all of the following EXCEPT value density. The correct option is b.

Value density refers to the value of a product relative to its weight and volume, and it can impact the logistics and transportation costs of distributing a product. However, it is not a problem that specifically affects a company's international distribution activities. The other options mentioned are common problems that can affect a company's international distribution activities.

Value density is not a problem that specifically affects a company's international distribution activities. It refers to the value of a product relative to its weight and volume and can impact logistics and transportation costs. However, other factors such as theft and corruption, property damage risks, lack of market understanding, and overestimating distributor knowledge in emerging markets can significantly impact a company's international distribution activities. The correct option is b.

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which of the following would indicate that saving will help you progress forward your vision of financial well-being? 
a. only saving if you have money left at the end of the month
b. using a credit card for emergencies
c. having enough money in a savings account to cover emergencies
d. all will help your vision 

Answers

c. Having enough money in a savings account to cover emergencies would indicate that saving will help you progress towards your vision of financial well-being.

What does saving money allow for ?

Saving money is a key aspect of attaining financial well-being, providing a safety net to withstand unforeseen expenditures or emergencies.

This reserve helps foster financial security and certitude by bypassing taking out loans or delving into savings for such instances, avoiding detrimental results for one's financial situation.

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the relationship between strategy and structure that directly impacts a firm's performance is

Answers

Strategy and structure are two key factors that can directly impact a firm's performance. Strategy refers to a firm's overall plan for achieving its goals and objectives, while structure refers to the way in which a firm is organized to carry out that strategy.The relationship between strategy and structure can be thought of as a two-way street.

On the one hand, a firm's strategy should inform its structure, as the structure should be designed to support the implementation of the strategy. For example, if a firm's strategy is focused on product innovation, it may be structured in a way that allows for cross-functional collaboration and communication to support innovation efforts.On the other hand, a firm's structure can also influence its strategy, as certain structures may be better suited for particular types of strategies. For example, a decentralized structure may be better suited for a firm pursuing a differentiation strategy, as it allows for greater flexibility and responsiveness to changing customer needs.In general, the relationship between strategy and structure is complex and dynamic, and can vary depending on a number of factors such as industry, company size, and competitive landscape. However, firms that are able to align their strategy and structure effectively are likely to be more successful in achieving their goals and objectives.

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when joelle mertzel interviewed over 1,000 people about her prototype, she was . a. preparing for failure b. conducting exploratory experimentation c. changing her ideas as she gained feedback d. teaching her co-founders how to develop a product

Answers

Joelle Mertzel interviewing over 1,000 people about her prototype indicates that she was changing her ideas as she gained feedback, aiming to refine and improve the product based on user insights. Option C.

Conducting interviews with a large number of people about a prototype indicates an active approach to gathering feedback and incorporating it into the product development process. By seeking input from a diverse group of individuals, Joelle Mertzel was likely aiming to understand the needs, preferences, and suggestions of potential users.

Engaging in such extensive user research allows for valuable insights and helps in refining and iterating the prototype based on the feedback received. This approach aligns with the principles of user-centered design and emphasizes the importance of incorporating user perspectives to create a product that meets their needs effectively.

By conducting interviews and actively listening to the feedback, Joelle Mertzel could make informed decisions and adapt her ideas based on the insights gained. This iterative process enables the refinement and enhancement of the prototype to better align with user expectations and preferences.

It is worth noting that the purpose of Joelle Mertzel's interviews was not necessarily preparing for failure (option a) or conducting exploratory experimentation (option b).

While learning from failures and conducting exploratory experiments can be valuable aspects of the product development process, the emphasis in this scenario appears to be on gathering user feedback and using it to refine the prototype. So Option C is correct.

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Predatory lenders get their negative reputation from . . .
a. Discreetly selling personal bank information
b. Limiting the amount of time a borrower has to use a loan
c. Taking advantage of people during the Great Depression
d. Charging high fees for loans and targeting desperate people

Answers

Predatory lenders get their negative reputation by Charging high fees for loans and targeting desperate people. The correct option is d.

Who are predatory lenders?

Predatory lenders are those practices, broadly defined, that are the fraudulent, deceptive, and unfair tactics some people use to dupe us into mortgage loans that we can't afford. Burdened with high mortgage debts, the victims of predatory lending can't spare the money to keep their houses in good repair. They strain just to keep up with their mortgage payments. Often, the strain is too much. They succumb to foreclosure. Their houses have been stolen from them.

The Office has prosecuted and will continue to prosecute the worst predatory lenders.

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________ is the expectation that successful performance of the task will lead to the desired outcome. Multiple Choice Instrumentality Expectancy Valence Effort

Answers

Expectancy can be described as the expectation that successful performance of the task would lead to the desired outcome.

Expectancy gives a description of what the person believes that they can do. It is the belief of a person that the effort that they put into a task would help them to achieve performance goals.

The belief that this person has is usually based upon

Self confidencePrior experience

The theory explains that a person is going to be more motivated to perform if their past effort was recognized.

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how do you find your claimant id number for unemployment

Answers

Answer:

The Claimant ID can be found in the upper-right of the UI Finding letter, as well as other letters received from IDES. Fraud victims can use the information from a fraudulent UI Finding letter to report the case to IDES.

Explanation:

hope this helps you if it does please mark brainliest

The journal entry to record issuing both direct and indirect materials into production debits ______.

Answers

The journal entry to record issuing both direct and indirect materials into production debits  is the Work in process and Manufacturing overhead.

What is the  Work in process and Manufacturing overhead?

This term manufacturing overhead is the term that is used to refer to the indirect costs that are associated with the manufacturing of the particular product for the market it is needed. They are known to be added to the direct labor and materials manufacturing cost.

Hence The journal entry to record issuing both direct and indirect materials into production debits  is the Work in process and Manufacturing overhead.

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(figure 23.2) if a perfectly competitive firm produces the level of output corresponding to point c in the short run, it will earn

Answers

if a perfectly competitive firm produces the level of output corresponding to point c in the short run, it will earn B. The maximum profit possible.

In economics, mainly preferred equilibrium theory, an excellent marketplace, also known as an atomistic marketplace, is described by way of numerous idealizing conditions, collectively known as best competition, or atomistic competition.

A perfectly competitive company is a rate taker, which means that it needs to be given the equilibrium charge at which it sells goods. If a perfectly aggressive firm tries to price even a tiny amount greater than the marketplace charge, it is going to be unable to make any sales.

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True or False
( ) Structural models often derive from economic models but may also be obtained from informal reasoning.
( ) Considering the model y=a+bx+uy=a+bx+u, consistent estimation of the parameter bb relies on the following condition: C[x,u]=0C[x,u]=0.
( ) Considering the model y=a+bx+u, a simultaneity problem arises when y and x are jointly determined.
( ) In a multiple regression a sufficient condition for consistently estimating the model parameters is the absence of exact linear relationships among the explanatory variables.

Answers

( ) Structural models often derive from economic models but may also be obtained from informal reasoning.True

( ) Considering the model y=a+bx+u, consistent estimation of the parameter b relies on the following condition: C[x,u]=0.False

( ) Considering the model y=a+bx+u, a simultaneity problem arises when y and x are jointly determined.True

( ) In a multiple regression, a sufficient condition for consistently estimating the model parameters is the absence of exact linear relationships among the explanatory variables.True

The first statement is false. Structural models in economics are typically derived from economic theories and formal reasoning, rather than informal reasoning. These models aim to explain the relationships between various economic variables and the underlying economic mechanisms. They often involve the specification of mathematical equations that represent the behavior of economic agents and the interactions among them.

The second statement is true. In the model y = a + bx + u, consistent estimation of the parameter b relies on the condition C[x, u] = 0. This condition, known as the orthogonality condition, implies that the error term u is uncorrelated with the independent variable x. If this condition holds, it ensures that the estimated coefficient b is unbiased and consistent.

The third statement is true. A simultaneity problem arises when both the dependent variable y and one or more independent variables, such as x, are jointly determined. In this case, there is a feedback loop between y and x, making it difficult to disentangle the causal relationship between them. Simultaneity problems often require specialized estimation techniques, such as instrumental variables, to obtain consistent parameter estimates.

The fourth statement is also true. In multiple regression, a sufficient condition for consistently estimating the model parameters is the absence of exact linear relationships among the explanatory variables. This condition is known as multicollinearity. When exact linear relationships exist, it becomes impossible to uniquely determine the contribution of each variable, leading to estimation problems. To avoid multicollinearity, it is important to ensure that the explanatory variables are linearly independent or to employ techniques such as variable transformation or variable selection.

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5. What is one of the main benefits of volunteering with community organizations while you are still in high school?
1) It allows you to put your time to good use.
2) It allows you to experience career related work while making a difference in your community.
3) It helps you get to know new people.
4)You will be paid for your time and give you the benefit of saving money for your career education and training

Answers

\(\huge{\textbf{\textsf{{\color{pink}{An}}{\red{sw}}{\orange{er}} {\color{yellow}{:}}}}}\)

Ur answer is... 4) You will be paid for your time and give you the benefit of saving money for your career education and training

ig this is the best benefit...

thanks Hope it helps.

a marketing mix should be an ever-changing combination of variables to achieve success.T/F

Answers

TRUE. a marketing mix should be an ever-changing combination of variables to achieve success.

A marketing mix should be an ever-changing combination of variables to achieve success. The marketing mix consists of the four Ps: product, price, promotion, and place. These variables should be adjusted to reflect changes in the market, customer needs and preferences, and other environmental factors. For example, a company may need to adjust its product offerings to meet changing customer needs, such as by introducing new features or functionality. Similarly, pricing strategies may need to be adjusted to reflect changes in competition, supply and demand, and other market conditions. Promotional tactics should also be adjusted to reflect changes in customer behavior and preferences, as well as changes in the media landscape. Finally, the distribution strategy should be adjusted to ensure that products are available in the right place at the right time. By regularly reviewing and adjusting the marketing mix, companies can ensure that they are effectively reaching and satisfying their target customers and achieving business success.

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Which of the following techniques helps a company learn more about its target market?
1. Market research
2. Publicity
3. Personal selling
4. Market segmentation

Answers

Answer:

Market research

Explanation:

People who are part of the project team need to understand project management because they Multiple Choice Need to understand the project charter or scope statement that defines the objectives and parameters of the project. Work with others to create a schedule and budget. Need to understand project priorities so they can make independent decisions. All of these are reasons it is important for project team members to understand project management. Need to be able to monitor and report project progress.

Answers

Answer:

All of these are reasons it is important for project team members to understand project management.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

The fundamentals of Project Management are considered universal across most businesses and professions.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.

Furthermore, members of the project team need to understand project management because they;

I. Are required to understand the project charter or scope statement that defines the objectives and parameters of the project.

II. Work with other members in the team to create a project schedule and budget.

III. Need to understand the priorities defined by the project manager, so they can make independent and well-informed decisions.

IV. Need to be able to monitor and report the progress of the project as they are being implemented or executed.

Project team needs to understand the project because all of these are reasons which is important for project team members to understand project management.

What is project management?

Project management is the postulation of procedures, methods, acquisitions, knowledge and experience to accomplish particular project objectives according to the criteria of project acceptance within agreed constants.

Project management has final products that are constrained to a finite timescale and budget.

The fundamental principle of Project Management are considered universal across most businesses and professions.

The basics of Project Management includes: Project induction, Project programing, Project executing, Monitoring and powering of the project, Accommodating and closing of project. It is very important that project managers in various organizations and businesses follow the fundamentals in order to successfully achieve their aim for a project.

Moreover, members of the project team need to realise project management because they are required to understand the project scope evidence that defines the objectives and parameters of the project.

Therefore, the option [C] is correct.

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1. In one paragraph, explain a problem that you see that you want to solve through a new business or product/service idea. 2. Describe and Draw an example of your product/ service that you will create to solve this problem. State if your idea is a service or a product.
3. Describe your customers and target market. Who are they? What are their demographics?
4.In one paragraph, describe an idea for marketing and advertising your product/ service (ie, tv commercial, radio, internet ad, billboard, etc).
SOMEONE PLEASE HELP ME WITH THIS PROJECT

Answers

Bro be creative, you’re taking business classes for a reason right?

Answer: make something up - 1. a problem that needs to be solved is that I don’t know what happens to my dog when I’m at school/work. To solve this I will invent a dog collar that monitors my dog and sends a message to my phone whenever unusual activity is detected like extreme barking, crying, panting, etc. 2. Draw the picture (this idea is a service and a product) 3. Target market is any loving dog owner. Make something up here. 4. We will market out product via tv commercials and ads before online videos showcasing a dog that is panicked and a loving owner getting a notification and rushing to comfort their dog.

in the past, kohl’s has been losing sales to amazon. why then would it enter into a partnership with one of its most fierce competitors?

Answers

Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

Partnership is basically the coming together of two of more companies or individual with a common goal.

Let bear in mind that Partnership is different from Acquisition or Merger because each owner is entitled to their share of profit.

Through this partnership, Kohl's and Amazon will both benefit from the arrangement.

Currently, Kohl's has a large number of physical stores which Amazon has no access to. So therefore, Kohl's will benefits from Amazon's strong online customer base.

Therefore, Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

Learn more about Partnership here

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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

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