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Q: What ROI will you need to double your money in 6 years?
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How much money will you have at the end of 3 years if your principal is 100 and your simple interest rate is percent 5?

5% of $100 is $5 . If you lend your money for 3 years at 5% simple interest, it will earn you $5 each year, for a grand total of $15, and grow to a full $115 . Don't go wild and spend all of that ROI in one place.


How do you price an item?

To price an item you must calculate the total of production and delivery and find the ROI for the sales of the particular item. From there you will also want to compare competitor pricing of the same product to find a reasonable price for your market.


What is a role of mathematics in marketing?

Marketing and mathematics go hand-in-hand. Companies use algorithms to predict ROI (return on investment). This is relevant to marketing as they invest greatly on advertising and branding. Also, companies use mathematics to predict their actual markets (what demographics do their products appeal to). Hope this helps!


What verse in the bible can be found that an Angel helped hagar?

Genesis:16:6-14 6: But Abram said unto Sarai, Behold, thy maid is in thy hand; do to her as it pleaseth thee. And when Sarai dealt hardly with her, she fled from her face. 7: And the angel of the LORD found her by a fountain of water in the wilderness, by the fountain in the way to Shur. 8: And he said, Hagar, Sarai's maid, whence camest thou? and whither wilt thou go? And she said, I flee from the face of my mistress Sarai. 9: And the angel of the LORD said unto her, Return to thy mistress, and submit thyself under her hands. 10: And the angel of the LORD said unto her, I will multiply thy seed exceedingly, that it shall not be numbered for multitude. 11: And the angel of the LORD said unto her, Behold, thou art with child, and shalt bear a son, and shalt call his name Ishmael; because the LORD hath heard thy affliction. 12: And he will be a wild man; his hand will be against every man, and every man's hand against him; and he shall dwell in the presence of all his brethren. 13: And she called the name of the LORD that spake unto her, Thou God seest me: for she said, Have I also here looked after him that seeth me? 14: Wherefore the well was called Beer-lahai-roi; behold, it is between Kadesh and Bered.


Advantages And disadvantagesof six sigma?

There are many websites which will sell you the sixsigma mark,however walking the walk and buying the mark are very different things, as with all products caveat emptor.Many quality managers have read about and seen the benefits of Six Sigma but are unsure how to approach their senior leadership about the opportunity because they do not have a concise package of information to convey. Fortunately, there is a series of tried and true steps which can be taken to sell management on the benefits of Six Sigma. These are the steps blazed by pioneering quality professionals who successfully sold management on the methodology and eventually deployed an effective Six Sigma program.The Importance of Leadership Buy-inWithout leadership buy-in, there is little hope for Six Sigma adoption. A company's executives must believe and support Six Sigma's potential with dollars, words and actions just like any other corporate objective or goal. Executives are looking for a return on investment (ROI), risk mitigation and competitive advantage. Therefore, to convince them of the value Six Sigma will bring to the organization, it is important to present the benefits as a business case. The major steps to developing and presenting the business case are: *# Identify and evaluate your audience. Research and summarize successful launches at other organizations with similar functions; include the ROI and a sample project.Document critical success factors.Define deployment requirements.Define a pilot project.Calculate and display the potential financial savings range and ROI including "soft" elements such as corporate image and competitive advantage.Present and sell Six Sigma to the executives.Get ready for deployment!The AudienceThe first step is to determine the perspective of your audience. This involves evaluating their appetite for new initiatives and reviewing their previous messages to the company. Useful resources include mission statements, competitive or objectives cascades, and presentations made to various levels of the company. If appropriate, initiate an informal interview with the audience members in advance to determine their current challenges or passions and evaluate their previous success in finding tools to manage those challenges. From these sources, identify areas on which to focus the business case, including appropriate examples and pilot project ideas. BenchmarkingTo demonstrate the potential of Six Sigma, it is necessary to provide examples of successful deployments in other organizations. Focus on similar-sized organizations within the same industry if possible. The purpose is to show an investment of similar scale and the resulting performance improvements realized within one or two years of deployment. Many success stories exist in quality management publications or on quality Internet sites. A few hours spent using an online and/or library periodical search tool should yield a good list of appropriate examples as well. Identify themes that made Six Sigma a success for those companies and look for examples that include some of the messages gleaned from the executive research to align the message to currently accepted viewpoints. An important message to stress during the presentation to the executives is that simply training a number of Black Belts will not transform the organization into a "Six Sigma company." Leading consulting firms have proven the critical success factors through years of Six Sigma launches. These factors include true leadership support, a data-driven culture, proof of concept through the use of a pilot project, alignment to corporate/functional objectives, and full integration in the business environment. To strengthen the significance of the message, reference examples of these factors found in the success story articles. The critical factors are a critical take-away from the meeting. Deployment PlanThe purpose of presenting a deployment approach is to show the scale and timing of the undertaking. To address concerns about resource and training cost risk, include a stair-step approach to deployment. This approach uses approval tollgates to obtain executive signoff of the deployment's effectiveness before rolling it out to a larger group of employees. The first step is the selection of a pilot project with one employee and an external consultant or Master Black Belt. If the project proves successful, the next step is Black Belt training and project management for a pilot department. This logic continues until all functional areas have 10 percent of their employees trained as Black Belts and 100 percent trained as Green Belts. This scalability also allows the training of internal, experienced Black Belts to become Master Black Belts, which reduces the need for expensive consultant-based training. One successful way of presenting this is through the use of a one-page timeline showing two years of anticipated benefits, the goals of training, expected project savings and external consultant needs diminishing. Also highlight a continuous line representing ongoing executive support. Pilot Project IdeaThe selection and presentation of the pilot project idea is another place where it is critical to link the project idea to a known "hot topic" of the executives. It will peak their interest if one of the company's current challenges is addressed. But be careful not to promise "world peace." One of the necessities of an individual project is a scope small enough to allow for real, measurable and sustainable improvement within a realistic time frame. The pilot overview outlines the resources required and the process of evaluating its effectiveness. First review the objective (hot topic improvement) and the scope (one major contributor to poor performance). Next review the resources needed, including recommending an experienced, quality-driven employee for Black Belt training. Then outline the expected external consulting needs (a Master Black Belt), including a cost range. A natural next step is to review the timeline of the pilot project, which will explain the Master Black Belt costs over the term, including training and project oversight. The timeline should follow the DMAIC project steps with signoff tollgates to assure each step passes corporate and Six Sigma evaluations. The final evaluation should follow a few months after the project is closed to assure that the improvement is sustained according to the control plan implemented as a result of the project. The Bottom LineThe return on investment is the focus of many executives. This section of the presentation should include a five-year cost/benefit analysis outlining the hard costs and savings as well as a list of soft issues that also affect the decision. The hard costs need to include the offset to department staffs when Black Belts are assigned fulltime to Six Sigma. Other costs include training, consulting, possible travel, software (statistical, flowcharting), and hardware (additional laptops). The cost offsets will increase over time as training increases. They will represent the average savings per Black Belt for your industry based on three to four projects closed per Black Belt annually. Although the five-year return data will interest the leadership, the softer issues communicate the real objective - competitive advantage. Here it is important to show Six Sigma as an enabler of the organization's goals. Include appropriate illustrations such as "proven approach," "fact-based management," "process of continuous improvement," "sustained improvements versus fix and forget" or other selling points that fit the executive mindset. The bottom line is not to oversell the benefits, but to convince management of the potential so that they approve the pilot project and continue their support as Six Sigma integration continues. Presentation FormatA lot of time and effort will have been put into the Six Sigma proposal by the time it is ready for presentation. Despite this, the purpose of the presentation is to gain buy-in. It is wise to follow a concise format, coinciding with similar material the executives are used to reviewing. The best approach is to use a successful presentation example unique to the organization. In the absence of a such proven example, the following format is a good bet: *# Executive summary Concise presentation of the highlights a. Industry examplesb. Critical success factorsc. Deployment requirementsd. Pilot projecte. Return on investmentDetailed report including copies of crucial references (to leave with them for further information)Question-and-answer sessionSchedule a follow-up decision point meetingNow for the Real WorkWhen the executives are convinced that Six Sigma is the key to the future, they will likely view the person who sold them on the idea as the subject matter expert. They will typically select that person as their deployment leader to direct the integration of Six Sigma within the organization. The deployment leader's next steps will include selecting a consulting/training/deployment company, managing the pilot project, developing Six Sigma overview training, and attending Black Belt training. With the executives engaged in the deployment, the organization is ready to reap the rewards of Six Sigma.

Related questions

Using the rule of 72 how many years would it take to double your money if your ROI is 4% A) 16 years B) 22 years C) 14 yearsD) 18 years?

72/4 = 18 D.) 18 Years


Where are roi and alex wassabi from?

Alex is from Montana. And Roi is from Philippines. They met at America in Middle School. Roi is 28 years old, Alex is 22 years old.Hope it helped!!


Return On Investment - ROI formula?

There are so many variables but simply put It is Money Earned-Investment/Investment=ROI


How old roi fabito?

Roi Fabito, aka "Roi Wassabi" is 25 years old (born August 21, 1991 in the Philippines). He and Alex Burriss formed Wassabi Productions in 2008.


How old is Roi Fabito?

Roi Fabito, aka "Roi Wassabi" is 25 years old (born August 21, 1991 in the Philippines). He and Alex Burriss formed Wassabi Productions in 2008.


Why were the filles de roi important?

The Filles De Roi was important because they could marry and reproduce (have kids) or slept with men which would populate france.


Does Peyton Roi list want to be married?

Likely, but she has at least three more years to think about it.


Why were Filles Du Roi called King's Daughters?

The name filles du roi means "the king's daughters". The name "fille du roi" was there to indicate that they were under the safeguard of the king. The Filles du Roi were mostly orphans or abandoned young girls living in France in orphanage or in terrible condition. As it became clear that there was a need to get women to come to New France, to allow for population growth, they were placed under the patronage, or (symbolical) protection of the King. Acting as a protector, he gave them a dowry (not necessarily money) and paid for their trip to New France.


How do you spell Roi in Hebrew?

Roi = רוי


What is the birth name of Roi Carballido?

Roi Carballido's birth name is Roi Carballido Facal.


What does the french word roi mean in English?

Roi means 'king'


What is Roi Wassabi's real name?

Roi Fabito