The only deposits of a rare and sought-after mineral known as ursarite are found in Russia. Since no other nation has deposits o

Answer:

resource allocation

Explanation:

Based on my findings on various business strategies, I can conclude that this scenario exemplifies the resource allocation aspect of a strategy. It represents how a company optimally uses its resources throughout the organization by identifying new opportunities for resources that have not been fully utilized. This is occurring here as funds that are currently underutilized are being redirected into the shoe business.

I trust this clarifies your question. Should you have further inquiries, feel free to ask.

Answer:

18.58 percent

Explanation:

Applying the growth model formula yields

P₀ =

Here, P₀ = Current market price = $75.10

D₁ = Projected dividend for the year = $3.29

Ke = Expected return = to be determined

g = Growth rate = 14.2%

$75.10 =

Ke - 0.142 =

Ke - 0.142 = 0.0438

Thus, Ke = 0.0438 + 0.142 = 0.1858 = 18.58%

The required rate of return is 18.58%