a director of a commercial fitness center who is motivated primarily by the bottom line is likely to adhere to principles of mechanical, market-driven professionalism. true false
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True. A director of a commercial fitness centre who prioritizes profits is likely to focus on market-driven professionalism, rather than a more holistic approach.
Profit-focused leadership is more likely to take precedence for a commercial fitness centre director than market-driven professionalism. This implies that instead of adopting a more comprehensive strategy that takes into account the well-being of customers and employees, they may concentrate more on the mechanical parts of operating the business, such as maximising revenue, limiting expenses, and fulfilling sales objectives.
While any organisation must be profitable, a single-minded emphasis on the bottom line can result in a culture where profit comes before people.
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True. a director of a commercial fitness center who is motivated primarily by the bottom line is likely to adhere to principles of mechanical, market-driven professionalism.
A commercial fitness center director who is primarily focused on the bottom line is more likely to uphold mechanical, market-driven professionalism. This indicates that the director is likely to be concerned with increasing profits and may consider fitness to be a good that should be marketed to customers. The tenets of mechanical, market-driven professionalism place a premium on standardization, efficiency, and the application of marketing and sales strategies to win and keep clients. Although this strategy can be profitable, it might not always put the health and welfare of the clientele first. Fitness center managers must therefore strike a compromise between their corporate objectives, moral principles, and dedication to offering secure and efficient fitness programs.
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Related Questions
One way a partnership differs from a sole proprietorship is that it
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Answer:
The most obvious difference between partnership and sole proprietorship is the number of owners the business has. "Sole" means one or only, and a sole proprietorship has only one owner: you. Conversely, it takes two or more to form a partnership, so this type of entity has at least two owners.
Answer:has owners with many different skill sets
Some HR workers investigate possible company violations. Why is it important for these workers to reserve judgment and be impartial? Explain in your own words. Then, imagine a situation in which someone may NOT reserve judgment and/or may NOT be impartial. Describe that situation.
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To ensure a fair and impartial investigation, HR employees investigating potential company violations must reserve judgment and remain impartial.
Why is it critical for these employees to exercise impartiality and reserve judgment?HR professionals can gather all relevant data, facts, and evidence if they are impartial, and then evaluate it without having any preconceived notions or personal biases. They are able to make sound decisions using this strategy rather than relying on their own irrational thoughts or feelings to make decisions.
A situation in which the HR worker conducting the investigation is personally connected to or has a close relationship with the accused party could indicate that the individual may NOT reserve judgment or be impartial.
In such a scenario, the HR employee may feel compelled to safeguard their friend or coworker, which may result in a biased investigation and a result that does not accurately reflect the situation. The HR department's impartiality and integrity could be questioned in this scenario, which would jeopardize the investigation.
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describe the color white to a blind person
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Costas Company has beginning and ending raw materials inventories of $64,000 and $80,000, respectively. If direct materials used were $310,000, what was the cost of raw materials purchased?
a. $310,000.
b. $330,000.
c. $294,000.
d. $326,000.
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The cost of raw materials purchased for Costas Company based on provided data is $326,000. Therefore, the correct option is d.
To find the cost of raw materials purchased for Costas Company, follow these steps:
1. Note the beginning raw materials inventory: $64,000
2. Note the ending raw materials inventory: $80,000
3. Note the direct materials used: $310,000
4. Use the formula:
Raw materials purchased = (Direct materials used + Ending raw materials inventory) - Beginning raw materials inventory
5. Plug in the values:
Raw materials purchased = ($310,000 + $80,000) - $64,000
6. Calculate:
Raw materials purchased = $390,000 - $64,000
7. Calculate:
Raw materials purchased = $326,000
The cost of raw materials purchased for Costas Company is $326,000, hence option d is correct.
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Widgets, Inc. makes a $300 on Widhets, Inc. makes a $300 account sale to Custom Motors. How is the sale recorded in the Accounts Receivable subsidiary ledger?
A. It is recorded upon payment
B. as $300 payment
C. as $300 credit
D. as $300 debit
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Strategic business units that compete in a low-growth market but hold considerable market share are called ________. Their earnings and cash flows are high and stable.
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Strategic business units that compete in a low-growth market but hold considerable market share are called Cash Cows because their earnings and cash flows are high and stable.
What is the Cash Cow?The cash cow is a quadrant in the BCG matrix that shows that a unit has a consistently profitable business and possesses the following characteristics:
Competes in a low-growth market.Holds considerable market share.High and stable cash flows and earnings.Thus, the strategic business unit with the above characteristics is a cash cow.
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Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions.
Online Content: Site 1
Explain why two employees at a company, earning the same gross pay, might have different net pays.
How are hourly and salaried gross pay calculated?
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Crosby contracts with Subban whereby Crosby agrees to sweep Subban retail shop at the end of each work day. Before the first payment is due, Subban realizes that Crosby is unlicensed. The state of Florida requires all retail floor sweepers to be certified and pay annual dues. Subban therefore does not pay Crosby for his work. When Crosby s brings a breach of contract case against Subban to court the court will decide the contract is Group of answer choices
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Crosby signs a contract with Subban and agrees to meet at Subban's business at the conclusion of each work day, before the first payment is due, and then files a lawsuit against Subban, claiming that the license is unenforceable because the license's objective is to protect the public.
What is contract?A contract is the legal agreement between the two parties. It contains all the essentials of section 10. On the breach of such contract, the party who break the contract will be punishable under the act.
Crosby and Subban have a contract in which Crosby agrees to sweep Subban's retail store at the end of each work day. Subban discovers Crosby is unlicensed before the first payment is due.
All retail floor sweepers in Florida are required to be certified and pay annual dues.
As a result, Subban does not compensate Crosby for his efforts. When Crosby s pursues a breach of contract complaint against Subban to court, the judge will conclude the contract is invalid since the purpose of the license is to protect the public.
Therefore, the contract is unenforceable.
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Decision Point: Using the Association to Grow the Business Several months after starting the advertising campaign, you meet with the director again. She says, "Our consumers are finally associating our cookie with a good-tasting experience over time. We see this in increased sales as well." She continues, "We feel that we can use this newly forged association in the consumer's mind between the cookie brand name and good taste in other ways to help grow our business, but we're not sure how. I'd like you to come up with some ideas." Which of the following options is the best choice to use the brand and its association in the consumer's mind with good taste? Select an option from the choices below and click Submit. License the brand to another company to use on a potato chip. Develop a line extension using the brand on a chocolate chip cookie. License the brand to a company that wants to use it on their lower cost baked goods.
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The best choice to utilize the brand and its association with good taste in the consumer's mind would be to develop a line extension using the brand on a chocolate chip cookie. Option B.
By developing a line extension, the company can leverage the positive association consumers have between the brand name and good taste to introduce a new product variant that aligns with their existing offerings. Chocolate chip cookies are a natural fit as they maintain the core essence of the original cookie while adding a popular flavor variation.
This allows the company to tap into the existing customer base who already associate the brand with good taste and provide them with a new product option to explore.
Introducing a line extension also provides an opportunity for the company to expand its market reach and capture new customers who may be attracted to the brand's reputation for quality and taste. By leveraging the positive brand association, the company can differentiate its chocolate chip cookies from competitors and establish a strong presence in the market.
On the other hand, licensing the brand to another company to use on a potato chip or licensing it to a company that wants to use it on their lower-cost baked goods may dilute the brand's association with good taste. Associating the brand with lower-cost or unrelated products could create confusion among consumers and weaken the brand's overall image.
Therefore, developing a line extension with a chocolate chip cookie aligns with the brand's existing identity, capitalizes on the positive association with good taste, and provides the company with the opportunity to expand its product portfolio while maintaining brand consistency and consumer loyalty. So Option B is correct.
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The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.
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Write how one can become a a skillful manager
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7 skills for a successful management career
Interpersonal skills.Communication and motivation.Organisation and delegation.Forward planning and strategic thinking.Problem solving and decision-making.Commercial awareness.Mentoring. HELP I AM BEING TIMED!!!!!
Damell has an eye for detail and is good at drawing realistic pictures. His friend Riannon is very good with her
hands and at following directions to assemble materials. Considering Damell and Riannon's skills, how would they
best fit into careers in architecture and construction?
Damell is bemer fit for work in construction, while Riannon is better fit for work in architecture.
O Riannon is better fit for work in construction, while Damell is better fit for work in architecture.
Both Damell and Riannon would be more successful in architecture than in construction.
O Both Damell and Riannon would be more successful in construction than in architecture.
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Answer: b
Explanation:
in these, the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture. The correct option is (B).
What do you mean by the architecture?Architecture, as opposed to construction-related abilities, is the art and technique of designing and building.
Architecture is a discipline that satisfies both functional and expressive needs, and as a result, it serves both utilitarian and aesthetic goals.
These two ends can be identified from one another but they cannot be separated, and the proportional importance accorded to each can differ significantly.
In accordance with the requirements of its various organizations, society determines the types of architecture, not architects. Society establishes the objectives, and the architect is tasked with figuring out how to get there.
Therefore, in these the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture.
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types of shares in a business
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Answer:
ordinary shares
non-voting shares
redeemable shares
preference shares
Explanation:
crazy what a quick go ogle search can do! :)
lead-tracking processes occur during the ________ phase the customer life cycle.
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The Customer lifecycle describes the different phases that a consumer goes through during trade. Lead- tracking process occurs during the acquisition phase.
The customer lifecycle is the process by which implicit guests learn about the product, make a purchase from the brand, and ideally come long- term guests of the company. The process consists of five phases:
expanse, accession, conversion, retention and fidelitye-commerce acquisition phase is truly important. Reaching implicit guests doesn't count if you can't find actionable content or news.
judging your brand, the products you offer, and the type of person who will buy them will help you source. Direct contact with them through showed dispatch increases the chances of future conversion.
The client Lifecycle can help your business maximize the earning eventuality of every customer who makes a purchase from your website. still, the upsell implicit increases accordingly, If the customer becomes a brand partner.
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Manipulating someone within an organization to gain access to confidential information is called.
Answers
Answer:
Social Engineering
Explanation:
Social Engineering is the use of centralized planning in an attempt to manage social change and regulate the future development and behavior of a society, a form of sabotage.
Chapter 05. Ethics and Social Responsibility
QUESTION 1
Discussion: Analyzing Social Responsibility
Chapter 07. Consumer Behavior
QUESTION 2
Discussion: Customer Profile
chapter 8. Positioning
QUESTION 3
Discussion: Positioning and Differentiation
CHAPTER 10. Product Marketing
QUESTION 4
Discussion: Product Strategy
Chapter 11. Pricing Strategies
QUUESTION 5
Discussion: Pricing Strategy
chapter 12. Place: Distribution Channels
QUEST 6
Discussion: Distribution Strategy
chapter 13. Promotion: Integrated Marketing Communication (IMC)
QUESTION 6
Discussion: Marketing Campaign Concept
CHAPTER 14. Marketing Globally
QUESTION 7
Discussion: Global Marketing
Answers
QUESTION 1: The required answer to this question is Analyzing Social Responsibility
Social responsibility refers to the ethical obligations and actions that individuals and organizations have towards society.
It involves considering the impact of decisions and actions on various stakeholders, including customers, employees, communities, and the environment. Analyzing social responsibility requires evaluating the extent to which organizations fulfill their obligations and contribute positively to society.
1) Ethical behavior:
This involves evaluating whether an organization adheres to moral principles and ethical standards in its operations, such as honesty, transparency, and fairness.
2) Environmental sustainability:
Assessing how an organization manages its impact on the environment, including its efforts to reduce pollution, conserve resources, and promote sustainable practices.
3) Community involvement:
Analyzing the extent to which an organization contributes to the well-being of local communities, through initiatives such as philanthropy, volunteering, or supporting social causes.
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the historical discount rate of the firm may be a good indicator of the appropriate discount rate to apply to the firm in the future, when all of the following conditions hold true except:
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The discount rate is used to discount the future cash flows of a stock must be the equity cost of capital for the stock.
What is the discount rate's mathematical formula?The two basic formulas for calculating the discount rate are the weighted average cost of capital (WACC) and the adjusted present value (APV). The WACC discount formula is: WACC = E/V x Ce + D/V x Cd x, whereas the APV discount formula is: APV = NPV + PV of the impact of financing (1-T).
What does the discount rate for NPV imply?Either the cost of borrowing money or the anticipated rate of return for investors. If shareholders expect a return of 12%, the company will use that rate to calculate NPV. If the company pays 4% interest on its debt, it is permitted to use 4% as the discount rate.
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Bottle Breacher was a successful company that began with crowdfunding through the television show Shark Tank. This is an example of the ______ model of crowdfunding, where an entrepreneur offers a stake in the company in exchange for backing.
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Considering the situation described above, this is an example of the "Reward-based" model of crowdfunding.
This is because a reward-based crowdfunding model is a type of crowdfunding that gives the donor something of value in return.
These rewards may be in the form of commodities, services, discounts, or adverts, etc.
There are various types of crowdfunding models. The most common types are the following:
Equity-based model;Donation or social-based model;Lending model;Reward-based model.Hence, in this case, it is concluded that the correct answer is the "Reward-based model" of crowdfunding.
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PROBLEM: The Chicago Cubs play their home games at Wrigley Field, located in the Lakeview neighborhood of Chicago. A recent New York Times study concluded that the probability that a randomly selected Lakeview resident is a Cubs fan is 0.44.
(a) Interpret this probability as a long-run relative frequency.
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Answer:
If a large Number of Lakeview residents are questioned, about 44% of them will be Club fans.
Explanation:
Reporting the probability outcome of a singular observation are usually reported as stated above, that the probability of a random sample of Lakeview resident being a club fan is 0.44%. However from a long run relative frequency approach, it requires just more Than one random sample but a large number of samples being evaluated over time.
Hence to expresa as a long run relative frequency, it could be stated as ; report gathered from many Lakeview residents, about 44% of them are Club fans.
outline two benefits to Mohammed's business of all his workers being able to do all of the jobs in the bakery. pls help!
Answers
Answer:
1. Saved time
2. Saved cost
Explanation:
If Mohammed owns a bakery where all his workers are able to do all the jobs, he benefits because he would;
1. Save time: Time that would have been spent in outsourcing the job to people who can do them with the accompanying risks of delays and disappointments are bypassed. Time is an essential factor in business because when goods are not available on customer's demand, they might have to seek other options.
2. Save cost: Mohammed will save the additional cost of payments to businesses that do other jobs for him. He saves money when he only has to pay three workers instead of four or more workers. This will mean more profit for his business.
Which of the following should appear in the income statement of a limited
company. I auditors fees, Il debenture Interest, III directors remuneration *
I and II Only
I and Ill only
II and III Only
I, II and III
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Explanation:
I, II and III
Bought goods
for
cash $100
to double
entry system.
Answers
Answer:Purchase account Dr.$100
cash account Cr.$100
Explanation:
Which part of the business plan identifies plans for pricing policies?
Pilihan jawaban
a. Self-analysis
b. Trading area analysis
c. Proposed marketing plan
d. Product description
Answers
The section of the company plan known as the proposed marketing plan details proposals for pricing policies.
What are the five components of a business plan?Business strategies fundamentally consist on these 5 bits of data. They consist of an overview of your company, a study of your industry's competition, a marketing strategy, a section on human resources (people requirements), and important financial data.
Where in the business plan does the price structure appear?The marketing portion of your business plan is where your pricing approach should be best articulated. You should explain the price you will charge customers for your good or service in this area, along with your justification.
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What are the 3 types of savings accounts?
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Regular deposit, money market, and Certificate of Deposit Accounts are the 3 types of savings accounts. Thus option A is correct.
What are savings accounts?An interest-bearing deposit checking account known as a savings account enables you to keep money safely. A profile in a financial company is a bank account. Common characteristics include having a fixed quantity of payments allowed, not having check or connected debit card services, having few remittance choices, and not being able to become overdrawn.
Regular deposits, money markets, and CDs seem to be the three most popular forms of savings accounts. Regarding accessibility as well as the level of interest, everyone of them functions slightly differently. In addition to these institutions, there are numerous other ways to save money. Knowing which one is ideal for your requirements can be complicated.
Therefore, option A is the correct option.
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Why are wages and salaries generally determined by the market for labor?
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According to maximum economics textbooks, our wages and salaries are decided similar to another price: with the aid of using deliver and call for. People deliver their labor, and organizations call for it, growing a marketplace for labor.
Many dealers and shoppers of exertions services. Consequently, salary and salaries are decided by the intersection of the call for exertions and the deliver for exertions. A curve displaying the one-of-a-kind portions of exertions employers are inclined to lease at one-of-a-kind salary quotes in a given time period, ceteris paribus.
Wages are determined via way of means of deliver and demand, however they may be encouraged via way of means of an extensive kind of factors, along with the price of dwelling in a selected area, the presence of a union and the present-day minimal wage.
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Why do we need to carefully plan the operations of the business?
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Answer:
hi nhi pata bhai soery. long
what is human resources in south Africa
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Explanation:
Human resources refer to a country's population, their skills and abilities
What is the polygon address used by the hacker to steal $600 million from the poly network in 2021?.
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Polygon address: '0x5dc3603C9D42Ff184153a8a9094a73d461663214' was used by the hacker to steal $600 million from the poly network in 2021.
The Polygon stack of protocols was created to address the scalability problems of Ethereum. The Polygon network handles transactions on a different, Ethereum-compatible blockchain to address the network's problems. The blockchain-based Poly Network platform reported that a hacker had gained access and stolen more than $600 million in cryptocurrencies.
However, it seemed as though the hacker had given back a few of the stolen goods. According to the network, the three addresses received allegedly stolen assets. According to Poly Network, which enables token exchanges between blockchains, a hacker targeted multiple chains at once and stole more than $600 million in cryptocurrency.
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taylorism attempted to use scientific principles to better handle which aspect of business?
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Taylorism attempted to use scientific principles to better handle industrial production in a business.
The term Taylorism was a scientific management theory that was proposed by Frederick Taylor.
It was a factory management theory that was established in the nineteenth century in order to raise efficiency.
To do this every step in the industrial manufacturing process had to be broken down so that the production would be more specialized and the tasks would be repetitive.
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1) Inflation represents the rate of increase of the average price of goods. If inflation decreases from 10% to 5%, does the average price of goods decrease? Explain.
Answers
No, the average price of goods does not decrease when inflation decreases from 10% to 5%.
Inflation represents the rate of increase in the average price of goods and services over time. When inflation decreases, it means that the rate of price increase has slowed down, but it does not imply a decrease in the average price itself. Even with a lower inflation rate, prices can still continue to rise, albeit at a slower pace.
The percentage of inflation indicates the extent of price increase compared to the previous period. If the inflation rate decreases from 10% to 5%, it means that prices are still increasing but at a slower rate. For example, if an item was priced at $100 at the beginning of the year, with a 10% inflation rate, its price would increase to $110. However, with a 5% inflation rate, the price would increase to $105. While the rate of increase has decreased, the average price of goods has not decreased.
Therefore, it is important to differentiate between a decrease in the inflation rate (a decrease in the rate of price increase) and an actual decrease in the average price of goods, which would indicate deflation.
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