Discuss the purpose of corporate design strategies and give examples of how this is done
What will be an ideal response?
The objective of corporate design is to provide a unifying and recognizable theme linking all of the firm's operations in a branded service experience through the strategic use of physical evidence. Companies can do this through color schemes (e.g., BP's green and yellow), central prominence of company names in corporate designs (e.g., FedEx), identifiable trademark symbols (e.g., McDonald's golden arches), and association with certain tangible symbols (e.g., T. Rowe Price and the ram).
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A closed-end fund has a
A) fixed number of shares. B) fixed number of investors. C) front-end load. D) back-end load.
Nothing is too good for my cats, so all their food is custom made at Catastic, who operates a specialty organic food mill in an adjacent state. We need 500 pounds of food per year, distributed evenly throughout the year
It costs $20 shipping and handling to place and receive an order for this delicious food. The cats are fed only on week days, so the 500 pounds per year translates to 2 pounds per day (we go out to restaurants on the weekends). Of course, my cats don't always eat exactly 2 pounds per day, their demand could more precisely be described as an average of 2 pounds and a standard deviation of 0.3 pounds per day. It takes ten days on average to receive an order for food once I place it. It costs $35 to hold a pound of food in inventory for a year and the food costs $850 per pound. It's expensive, yes, but again, nothing is too good for my cats. What amount should I order and when should I order it if I want only a 1% chance of running out of food for my cats? What will be an ideal response?