Business, 07.09.2019 01:20 samanthacruzsc51

Picks and axes inc. is an internet-based retail seller of hiking boots and mountaineering gear. the company decides to open retail stores across the major areas of the city to complement its internet-based strategy. this activity would be categorized as a(n)
a. tactical decision.
b. operational decision.
c. strategic decision.
d. financial decision.

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Answer from: wirchakethan23

The correct answer is c) strategic decision

Explanation:

Strategic decisions are the determinations in a company, to decide his future, it includes involves establishing long-term goals, responding to market forces and develop the firm's mission.

For Picks and Axes Inc. They take a strategic decision, determination to open retail stores across the major areas of the city to help complement its Internet-based strategy.

Answer from: Quest

answer/// there is an inverse relationship between price and quantity demanded;

Answer from: Quest

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans.

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.

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Picks and axes inc. is an internet-based retail seller of hiking boots and mountaineering gear. the...

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