Business College

A company distributes a product that sells for $50 per unit. Variable expenses are $10 per unit, and fixed expenses total $15,000 annually. Assume that the company sold 4,000 units last year. The sales manager is convinced that a 10% reduction in the selling price, combined with a $30,000 increase in advertising expenditures, would increase annual unit sales by 50%. If these changes were made, by how much would net operating income increase or decrease?

Answers

Answer 1

Answer:

Income will increase by $20,000.

Explanation:

First, we need to calculate the current income:

Current income= 4,000*(50 - 10) - 15,000= $145,000

Now, the new selling price, fixed costs, and sales in units:

Selling price= 50*0.9= $45

Fixed costs= $45,000

Sales= 4,000*1.5= 6,000

New income= 6,000*(45 - 10) - 45,000= $165,000

Difference= 165,000 - 145,000= 20,000

Income will increase by $20,000.

Related Questions

When entering markets in a region, you should always choose the country with the lowest manufacturing costs for local production.
a. True
b. False

Answers

Answer:

b. False

Explanation:

Manufacturing costs are not the only thing that you have to consider when deciding where to start local production. E.g. you work for a multinational that wants to start selling its products in Africa. The country with the lowest production costs is probably South Sudan (or maybe some other country that is going through severe economic recessions or internal conflicts), but that doesn't necessarily mean that you are going to set up a facility there.

Production costs are just one factor to consider, other factors are as equally or even more important, e.g. market size, purchase power, economic stability, legal order and stability, etc. Why do you think that MB or BMW set up huge factories in America if production costs are much lower in most of the world.

Interventions strategies to reduce or prevent restrictions or barriers

Answers

Answer:

Intervention strategies to reduce restrictions or barriers can be implemented in various settings, such as healthcare, education, and workplaces, to promote accessibility and inclusivity. Some effective intervention strategies include:

1. Providing accommodations: Individuals with disabilities or other special needs may require specific accommodations to access certain environments or services. These accommodations can include physical modifications, assistive technology, or alternative communication methods. By providing these accommodations, restrictions and barriers can be reduced, allowing for greater participation and inclusion.

2. Educating stakeholders: Educating stakeholders, such as employers, educators, or healthcare providers, on disability awareness and inclusion can help to reduce biases and stereotypes that may contribute to restrictions and barriers. Training programs or workshops can help to increase understanding and empathy, ultimately leading to more inclusive practices.

3. Collaboration and consultation: Collaborating with individuals with disabilities or other stakeholders to identify and address barriers can be a powerful tool in reducing restrictions. By consulting those who are directly affected, solutions can be tailored to meet their specific needs, ultimately promoting greater accessibility and inclusion.

4. Policy and legislation: Policies and legislation that promote accessibility and inclusion can help to reduce restrictions and barriers on a systemic level. For example, the Americans with Disabilities Act (ADA) requires certain accommodations to be made in public spaces, promoting accessibility for individuals with disabilities.

Overall, implementing intervention strategies that reduce restrictions and barriers can help to promote greater accessibility and inclusion in various settings. By providing accommodations, educating stakeholders, collaborating with individuals with disabilities, and promoting policies and legislation, we can work towards creating a more inclusive and accessible society for all.

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Explanation:

Metals, Inc. has a price of $20 a share, outstanding shares of 2.5 million, retained earnings of $1 million dollars, and a dividend yield of 2 percent. It has a price-earnings ratio of a. 50, which is high by historical standards. b. 50, which is low by historical standards. c. 25, which is high by historical standards. d. 25, which is low by historical standards.

Answers

The correct answer is (c) 25, which is high by historical standards. A P/E ratio of 25 indicates that investors are willing to pay 25 times the earnings per share for the stock.

To determine the price-earnings ratio (P/E ratio) of Metals, Inc., we need to calculate the earnings per share (EPS) first. The EPS is the net income of the company divided by the number of outstanding shares.

Given:

Price per share = $20

Outstanding shares = 2.5 million

Retained earnings = $1 million

To calculate the EPS, we subtract the retained earnings from the net income to find the earnings available to common shareholders. Then, we divide it by the number of outstanding shares.

Net income = Retained earnings + Dividends

Net income = $1 million + (2% of $20 * 2.5 million) [Dividend yield = 2%]

Net income = $1 million + $1 million

Net income = $2 million

Earnings per share (EPS) = Net income / Outstanding shares

EPS = $2 million / 2.5 million

EPS = $0.8 per share

Now, we can calculate the P/E ratio by dividing the price per share by the EPS.

P/E ratio = Price per share / EPS

P/E ratio = $20 / $0.8

P/E ratio = 25

Option C

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How To Find The Best Luxury Portable Restrooms In Sacrament

Answers

Research reliable agencies with tremendous opinions, lots of restroom options, and exact customer support. Ask for referrals and reach out for a quote.

To locate the great luxury transportable restrooms in Sacramento, you can start with the aid of learning from reputable corporations specializing in luxurious transportable restroom rentals. Look for groups with nice purchaser opinions and quite a few restroom alternatives to pick from. Consider factors along with the restroom's length, amenities, and cleanliness.

You also can ask for referrals from pals, a circle of relatives, or event planners who've used luxurious portable restrooms in the past. Once you have got a listing of ability agencies, attain out to them to talk about your desires and obtain a quote.

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Identify and describe 5 reasons for the failure of Direct Marketing efforts. Provide the name of a company that you believe has failed and why.

Answers

The 5 reasons for the failure of Direct Marketing efforts are:

Targeting the wrong prospects.Seen customers like prospects. Much talk instead of engaging.Failing to test.Not doing follow-up.

What is Direct marketing?

Direct marketing can be regarded as a marketing that relies on direct communication as well as distribution to individual consumers.

This a kind of marketing whereby no third party such as mass media is required.

however, it is necessary to do follow up which is a common factor in much of direct marketing.

Hence, The 5 reasons for the failure of Direct Marketing efforts are:

Targeting the wrong prospects.Seen customers like prospects. Much talk instead of engaging.Failing to test.

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How do people who volunteering/organizing at a fundraiser use donated items

Answers

People who volunteer or organize fundraisers typically use donated items in several ways to maximize their impact providing both financial and experiential value, while fostering community involvement and support for the cause.

Firstly, they assess the donated items to determine their suitability for the event's goals. If the items align with the fundraiser's purpose, they may include them in auctions, raffles, or silent auctions to generate funds. High-value items or unique experiences are often reserved for live auctions to attract higher bids.

In addition to generating revenue, donated items can serve as incentives to encourage donations. Volunteers may offer them as rewards for specific donation thresholds or use them as prizes for fundraising challenges. By leveraging the donated items in this way, organizers motivate participants to contribute more generously.

Moreover, donated items can be used to enhance the overall atmosphere of the fundraiser. They may be displayed to create visually appealing setups, reinforcing the cause and encouraging attendees to engage with the event. For example, art pieces or crafts can be showcased, generating interest and potentially leading to additional donations.

Overall, donated items play a crucial role in fundraising events, providing both financial and experiential value, while fostering community involvement and support for the cause.

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Which of the following statements about the relationship between an institution and the institution's irb(s) is correct?

a. Institutional priorities take precedence over all IRB determinations.
b. Department chairs can overturn an IRB disapproval.
c. Officials of the institution may overturn an IRB disapproval.
d. Officials of the institution may overrule an IRB approval.

Answers

The correct answer is D) officials of the institution may overrule an IRB approval.

The International Review Board (IRB) reviews all the human participant's research. It needs to confirm and check that an individual’s life is not at any risk. The IRB protects the privacy of the people who participated in the research activities and human rights. The Institute protects the human rights and privacy of the participants. The statement about the relationship between an institution and the institution's IRB(s) that is correct is: officials of the institution may overrule an IRB approval.

The IRB protects the rights, welfare, and privacy of human subjects. It has the authority to monitor, approve, and disapprove and it requires modifications in all kinds of research activities that fall in its jurisdiction as mentioned by both the institutional policy and federal regulations.

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QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)

Answers

Answer:

rat

Explanation:

Assume you gave up a $60,000 per year job at an accounting firm to start your own tax preparation business. To simplify, assume your tax personal obligations are the same whether you run your own firm or work for another firm. If your revenue during the first year of business is $75,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your accounting profit

Answers

Answer:

Accounting profit= $70,000

Explanation:

Giving the following information:

If your revenue during the first year of business is $75,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your accounting profit

The accounting profit does not include the opportunity cost of leaving the accounting job. In this case, the accounting profit is:

Accounting profit= revenue - costs

Accounting profit= 75,000 - 5,000

Accounting profit= $70,000

o What’s the Difference Between Non-Formal and Informal Learning

Answers

Answer:

I hope this will help you

o Whats the Difference Between Non-Formal and Informal Learning

Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?

Answers

Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:

ClassesCustomersProducts and ServicesAccount

What is QuickBooks Online Accountant?

In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.

This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.

Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.

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See full question below

Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?

Classes

Customers

Products and Services

Locations

Tax Code

Account

Suppliers

Zhang Industries sells a product for $700 per unit. Unit sales for May were 400, and each month's unit sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales. Compute the budgeted selling expense for the manager for the month ended June 30.

Answers

Answer:

Zhang Industries

The Budgeted selling expense for the manger for the month ended June 30 is:

= $8,768.

Explanation:

a) Data and Calculations:

Selling price per unit = $700

Unit sales for May = 400

Expected growth of unit sales each month = 3%

Unit sales for June = 412 (400 * 1.03)

Sales revenue for June = $288,400 ($700 * 412)

Monthly sales salary to the sales manager = $3,000

Monthly sales commission = 2% of sales

Budgeted selling expense for the manger for the month ended June 30:

Monthly sales salary to the sales manager = $3,000

Monthly sales commission = 2% of sales 5,768 ($288,400 * 2%)

Total selling expense for the month = $8,768

1) Giving examples explain Eight (8) types of leadership styles(10mks)
2) Explain the do’s and don’ts of communication(5mks)
3) Explain the how managers can use motivation theories to motivate employees(10mks)

Answers

Answer:

1) Eight types of leadership styles are:

a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.

b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.

c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.

d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.

e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.

f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.

g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.

h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.

2) The do's and don'ts of communication are:

Do's:

a) Be clear and concise in your communication.

b) Use active listening to understand the other person's perspective.

c) Use appropriate body language and tone of voice to convey your message.

d) Use examples and anecdotes to illustrate your points.

e) Provide feedback and ask for feedback to improve communication.

Don'ts:

a) Interrupt the other person while they are speaking.

b) Use offensive language or tone of voice.

c) Assume that the other person understands your perspective.

d) Make assumptions or judgments about the other person without getting their input.

e) Use distractions or multitasking while communicating.

3) Managers can use motivation theories to motivate employees by:

a) Understanding the needs and goals of the employees.

b) Providing rewards and recognition for good performance.

c) Creating a positive work environment that fosters creativity and innovation.

d) Offering opportunities for growth and development.

e) Encouraging teamwork and collaboration.

f) Providing regular feedback and communication.

g) Setting clear goals and expectations.

h) Providing training and support for employees to achieve their goals.

i) Creating a culture of trust and respect.

j) Encouraging autonomy and responsibility.

Answer:

Explanation:

1) Eight types of leadership styles are:

2) The do's and don'ts of communication are:

Do's:

a) Be clear and concise in your communication.

b) Use active listening to understand the other person's perspective.

c) Use appropriate body language and tone of voice to convey your message.

d) Use examples and anecdotes to illustrate your points.

e) Provide feedback and ask for feedback to improve communication.

Don'ts:

a) Interrupt the other person while they are speaking.

b) Use offensive language or tone of voice.

c) Assume that the other person understands your perspective.

d) Make assumptions or judgments about the other person without getting their input.

e) Use distractions or multitasking while communicating.

3) Managers can use motivation theories to motivate employees by:

a) Understanding the needs and goals of the employees.

b) Providing rewards and recognition for good performance.

c) Creating a positive work environment that fosters creativity and innovation.

d) Offering opportunities for growth and development.

e) Encouraging teamwork and collaboration.

f) Providing regular feedback and communication.

g) Setting clear goals and expectations.

h) Providing training and support for employees to achieve their goals.

i) Creating a culture of trust and respect.

j) Encouraging autonomy and responsibility

Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $41,600 for Division A. Division B had a contribution margin ratio of 45% and its sales were $271,000. Net operating income for the company was $34,000 and traceable fixed expenses were $59,100. Corbel Corporation's common fixed expenses were:

Answers

Answer:

$5,000

Explanation:

common fixed expenses = Contribution Margin - Net Income - traceable fixed expenses

= $41,600 + $121,950 - $34,000 - $59,100

= $70,450

Corbel Corporation's common fixed expenses were, $70,450

Please help I'm very confused

Conduct research and determine the average monthly expense of investing in the human capital of your employees and yourself. List the average expense.

Answers

Investing in the human capital of employees and oneself can involve various expenses, including:

training and development programs,employee benefits,performance incentives,employee salaries,recruiting and hiring costs,onboarding and orientation,employee engagement initiatives,professional development opportunities

The current average monthly expense of investing in the human capital of employees and oneself includes eight potential expenses that may be associated with investing in human capital:

Training and development programs: This could include the cost of workshops, seminars, online courses, or professional certifications aimed at enhancing skills and knowledge.Employee benefits: This may include expenses related to health insurance, retirement plans, paid time off, and other benefits offered to employees as part of their compensation package.Performance incentives: This could involve expenses associated with performance-based bonuses, commissions, or other incentive programs aimed at motivating and rewarding employees for their performance.Employee salaries: This includes the wages or salaries paid to employees for their work, which is a significant expense for most businesses.Recruiting and hiring costs: This could include expenses associated with advertising job openings, conducting interviews, and performing background checks on potential employees.Onboarding and orientation: This may involve expenses associated with the orientation process for new employees, including training, mentoring, and other activities to help them acclimate to their roles.Employee engagement initiatives: This could include expenses related to team-building activities, employee recognition programs, or other initiatives aimed at boosting employee morale and engagement.Professional development opportunities: This may involve expenses associated with conferences, workshops, or other opportunities for employees and oneself to stay updated with industry trends and best practices.

In summary, the actual average monthly expense would depend on the size and nature of the organization, industry, and specific initiatives undertaken, and would require further research and analysis to determine accurately.

Answers

Answer:

C. a new pair of jeans

Explanation:

Answer:

Explanation:

A business would like to increase consumer demand for a product that has
not been selling well. According to the law of demand, how could the
business accomplish this goal?
OA. By increasing the supply of the product
B. By selling the product at a lower price
C. By selling the product at a higher price
D. By decreasing the supply of the product
SUBMIT

Answers

Answer:

B. By selling the product at a lower price

Explanation:

According to the law of demand, the business can increase consumer demand for a product that has not been selling well by selling the product at a lower price.

Therefore, the correct answer is B. By selling the product at a lower price.

1.Why is knowledge of consumer behavior important to the marketer?

Answers

The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.

CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.

When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.

Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.

Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.

Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.

The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.

The importance of consumer behavior to marketers is discussed below:

Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.

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Select the communication type that is being used in the following example.
Two coworkers near the copy machine are discussing the upcoming company meeting.
o external formal communication
o external informal communication
O internal formal communication
O internal informal communication
Thing

Answers

Answer:

When the federal government spends more money than it receives in taxes in a ... spending over time in nominal dollars is misleading because it does not take ... defense spending as a share of GDP has generally declined since the 1960s, ... Healthcare expenditures include both payments for senior citizens (Medicare), ...

Explanation:

Use the data table to answer the question that follows.

An investor's primary concern with adding a new stock to their portfolio is reducing risk. Which stock should they choose and why?

(A) Stock A, because it has a div value of 0 and a relatively high P/E ratio
(B) Stock A, because its last price indicates slow but steady growth to come
(C) Stock C, because its lower P/E ratio means it is least likely to fail
(D) Stock C, because its price spread and div suggests stability of earnings

Answers

An investor's primary concern with adding a new stock to their portfolio is reducing risk. The stock they should choose is Stock C, because its price spread and div suggest stability of earnings. The correct option is d.

Portfolio diversification is the process of selecting a variety of investments within each asset class, which can help those looking for how to minimize their investment risk. Diversification across asset classes may also help lessen the impact of major market swings on your portfolio.

If we were to invest in the stock of just one company, we'd be taking on greater risk by relying solely on the performance of that company to grow your investment. This is known as "single-security risk" the risk that our investment will fluctuate widely in value with the price of one holding.

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A long-term period of economic recession that leads to a low GDP and very
high unemployment is a(n)

Answers

Answer:

Depression

Explanation:

A long-term period of the economic recession that leads to a low GDP and very high unemployment is a(n) DEPRESSION

Depression is an economic term used to describe a deep tumble in an economy that occurs for a long period of more than six months. Depression lasts for years, and it is characterized by low real GDP and an awfully high level of unemployment.

Hence, in this case, the right answer is Depression.

Demonstrating the proper way to shake hands is an example of which choice?

a. teamwork

b. workplace etiquette

c. employee performance

d. work ethics

Answers

Answer:

A. Teamwork

Explanation:

when you do something right as a team you handshake as a thank you for helping me.

Answer:

employee performance

Explanation:

took the test

Why does the bank generally print the address of the check writer on the upper left-hand corner of the check?

Maria V. Bowen’s Check for $42.92 is dated March 6, 2019. Pay to the order of Credit Card Company.

A. To prevent people from bouncing a check (i.e., a NSF transaction)

B. To contact the check writer if a check bounces.

C. To advertise its products on the front of a check.

D. To prevent people from stealing checks.

Answers

To contact the check writer if a check bounces the bank generally print the address of the check writer on the upper left-hand corner of the check.

Option B is correct

The bank generally prints the address of the check writer on the upper left-hand corner of the check to be able to contact the check writer if a check bounces or is returned due to non-sufficient funds (NSF). By having the check writer's address on the check, the bank can contact the check writer to inform them that the check bounced and to try to resolve the issue.

This also helps the bank to verify the identity of the check writer and to prevent check fraud.

Option B is correct

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Consider the market for orange juice. In this market, the supply curve is given by QS = 100PJ −20PO and the demand curve is given by QD = 1000−150PJ +100PC, where J denotes orange juice, O denotes Orange, and C denotes coffee.

Answers

The market for orange juice is in equilibrium when the quantity supplied is equal to the quantity demanded. We can find the equilibrium point by setting QS = QD and solving for the price of orange juice (PJ).

QS = 100PJ −20PO
QD = 1000−150PJ +100PC

Setting QS = QD, we get:
100PJ −20PO = 1000−150PJ +100PC

Solving for PJ, we get:
PJ = (1000 + 20PO - 100PC)/250

Therefore, the equilibrium price of orange juice (PJ) is dependent on the price of oranges (PO) and the price of coffee (PC).

Also, we can find the equilibrium quantity of orange juice by substituting the equilibrium price into either the supply or demand equation.

QS = 100PJ -20PO
QD = 1000 -150PJ +100PC

As the value of QS=QD, we can substitute either of the equation and find the value of Q.

According to the box “Making Ethical Decisions: Loyalty or Profitability?," a firm must give its employees __________ before closing and/or moving to another location

Answers

"Making Ethical Decisions: Loyalty or Profitability?" requires a firm to give its employees at least a notice period of 60 days before it can close shop or move to another location.

This requirement enables the employees to get prepared for the effects of the action on their employment status or relocation decisions.

Typically, firms give the following reasons for making a relocation decision:

to reach new marketsto upgrade facilities or equipmentto lower costs or increase cash flowto start another line of business not suitable in the present locationto consider the quality of life of its employees.

Thus, no matter the reason for closing or moving to another location, the firm should endeavor to give 60 days' notice to its employees.

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Which of the following statement is correct?

a. firms in monopoly can sell non-commodities while firms in monopolistic competition cannot.
b. firms in monopoly can sell a commodity while firms in monopolistic competition cannot.
c. firms in monopoly are price setters while firms in monopolistic competition are not.
d. firms in monopoly can make economic profit in the short run while firms in monopolistic competition cannot.

Answers

Answer:

the correct answer I to this question is c

1. Aflac Duck
O Trademark
O Patent
O Copyright

Answers

patent is the answer

Which statement best describes the trait of being tactful? A. ability to be humble in every situation B. ability to remain stress free C. ability to deal with others, especially in difficult situations D. ability to comply with given instructions E. ability to arrive at work on time

Answers

Answer:

C) Tactful means to be sensitive, thoughtful, and just constantly do the right thing each time. Thus, if you are able to deal with others properly, especially in complex and difficult situations, it shows that you are thoughtful of others feelings and do the right thing.

The correct option is C.

What is a tactful personality?

Tact is the ability, to tell the truth, and to consider other people's feelings and reactions. It allows you to give difficult feedback, communicate sensitive information, and say the right thing to preserve relationships.

What is tactful assertiveness?

Being tactful means acting with sensitivity and respect. While tact requires a certain amount of thoughtfulness, it doesn't come at the expense of assertiveness. Sometimes assertiveness is incorrectly thought to be the same as aggressiveness.

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Which of the following are accurate regarding Step 4 (Execute the Strategy) in the strategic management
process?

Answers

One of the following statements about Step 4 (Execute the Strategy) in the strategic management process is true: top managers must look out for potential obstacles and determine if it will be possible to carry out the plans.

What is strategic management process?

Strategic management process is a process of developing action plans, carrying out action plans, and recognizing and analyzing internal and external strengths and weaknesses. When desired results are not being generated, action plans are changed and the effectiveness of their implementation is assessed.

Setting goals or objectives, conducting analysis, developing a plan, putting that strategy into action, and monitoring that approach are the five stages of the process. The strategic management process entails more than just adhering to a set of guidelines. It is a way of doing business that is philosophical.

Therefore at stage 4 where plans and strategy are going to be executed top managers must look out for potential obstacles.

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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price
Units in beginning inventory
Units produced
Units sold
Units in ending inventory
Variable costs per unit:
Direct materials
Direct labor
Variable manufacturing overhead
Variable selling and administrative expense
Fixed costs:
Fixed manufacturing overhead
Fixed selling and administrative expense
The total gross margin for the month under absorption costing is:
$
$
$
$
143
e
2,820
2,770
50
47
23
14
11
$95,880
$19,390

Answers

The total gross margin for the month under absorption costing is $16,120.

What is the total gross margin?

Total variable cost per unit:

Direct materials cost per unit = $44Direct labor cost per unit = $19Variable manufacturing overhead per unit = $13Variable selling and administrative expenses per unit = $12

Total variable cost per unit:

= Direct materials cost per unit + Direct labor cost per unit + Variable manufacturing overhead per unit + Variable selling and administrative expenses per unit

= $44 + $19 + $13 + $12

= $88

Total fixed costs:

Fixed manufacturing overhead = $85,260Fixed selling and administrative expenses = $16,440

Total fixed costs:

Fixed manufacturing overhead + Fixed selling and administrative expenses

= $85,260 + $16,440

= $101,700

Total gross margin:

= (Selling price per unit - Total variable cost per unit) * Units sold - Total fixed costs

= ($131 - $88) * 2,740 - $101,700

= $43 * 2,740 - $101,700

= $117,820 - $101,700

= $16,120.