A purchases budget is used instead of a production budget by: a. manufacturing companies. b. not-for-profit entities. c. service companies. d. merchandising companies.

Linear programming is a mathematical optimization method used to achieve the best possible outcome in a given mathematical model, given constraints represented by linear relationships.

The mathematical model of linear programming, which is widely used for solving optimization problems, is useful in many fields, including engineering, economics, and finance.The use of linear programming techniques in inventory management has brought about significant benefits in cost reduction and service level improvement. There are different methods of inventory management, and some of them are not very efficient.

However, through the application of linear programming, companies can optimize their inventory management. This results in reduced inventory costs, higher customer satisfaction rates, and improved productivity.

Award-winning application of linear programming:Inventory management system: A company that manufactures industrial tools needed a way to optimize their inventory. The company's inventory consisted of various products, and their demand varied with time. The company used a linear programming model to determine the optimal inventory levels and replenishment frequency for each product. The result was a significant reduction in inventory costs, while still maintaining high service levels.

Non-financial benefits included improved customer satisfaction rates and higher productivity.The application of linear programming techniques in inventory management is a powerful tool for companies that want to improve their inventory management. The benefits are both financial and non-financial. Companies can reduce inventory costs, increase service levels, and improve customer satisfaction rates.

Moreover, the optimization of inventory management results in higher productivity and better resource utilization.

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Techniques for Finding Business Opportunities

The five types of business opportunity for entrepreneurs are

What do you think of when you think about business opportunities?

Entrepreneurial opportunity arises when there is a clear consumer need and the ability to deliver the sought good or service. In the sphere of entrepreneurship, some requirements must be satisfied before a concept can become an opportunity.

The significance of evaluating needs in order to find a business opportunity. Before putting your business plan into action, you must ascertain the demands and preferences of your target market. The idea must be financially supported, and it will fail when there is no demand for it.

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Answer:

dispense prescription medications to patients

Explanation:

Go to a Pharmacy

Answer:

major job in a pharmacy is a pharmacist

Explanation:

Pharmacists give people their prescription medicines that are needed for important sicknesses or illnesses

The way that the the T account look like after analyzing this transaction is D. Accounts Receivable is debited to increase, and Sales is credited to increase.

A T-account is a colloquial term for a collection of financial records that use double-entry bookkeeping. A T-account is so named because the bookkeeping entries are organized in the shape of a T. Just above the T is the account title.

Accounts receivable are the funds owed by a company's customers for goods or services received but not yet paid for. When a customer purchases a product on credit, the amount owed is added to the accounts receivable.

Therefore, when you have a copy of an invoice sent to a customer for services provided on account, the accounts receivable is debited to increase.

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If you are paid according to a rate of $15 per hour, The type of payment is commission.

The sales industry commission structure describes how a company rewards its sales force. There are different types of sales commission structures that bring different levels of rewards. Commissions can be paid weekly, fortnightly, or monthly.

Sales commissions are an important part of sales compensation. This is the amount a seller earns based on the number of sales. This is often extra money to supplement your standard salary.

Commission to motivate employees, increase productivity, generate more sales and attract customers. Sales and marketing jobs in many industries such as B. Automotive and real estate typically offer commission-based coverage.

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Answer:

c

Explanation:

edge 2023

Answer:

market is for people low budget and the markering is people qho want earn money in online

Answer:

the main aim is to aim for correct and fast work

Shida is seen as potential entrepreneur according to the GEM study.

GEM study is conducted by Global Entrepreneurship Monitor that tracked rates of entrepreneurship.

Therefore, Shida is seen as potential entrepreneur according to the GEM study.

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its be fasho cause i learned about it

Someone copied a library video and sold the copies to friends. This is an example of intellectual property theft. Hence, option B is correct.

Intellectual property theft occurs when a person or organization has their invention, creative expression, or idea taken from them. When someone commits IP theft, they can also be stealing trade secrets, copyrights, trademarks, or patents. Names, logos, insignia, inventions, client lists, and more fall under this category.

Manufacturing, selling, or distributing fake or stolen commodities, such as trademarks, industrial designs, literary works, or creative works, for financial benefit is considered an intellectual property crime.

Loss of client confidence. A reputational hit. reduction in revenue and expansion of the company. loss of advantage in the marketplace.

Thus, option B is correct.

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The key characteristic of a linear program is none of the above. In a linear program, the objective is to maximize or minimize a linear function subject to linear constraints.

The activity levels are not required to be integers, although certain variations of linear programming, such as integer programming, do impose integer constraints on the variables. The activity levels are not necessarily aimed at minimizing profit or maximizing resource consumption; instead, they are chosen to optimize the objective function while satisfying the given constraints. Linear programming is a widely used mathematical technique for decision-making and optimization problems in various fields, such as operations research, economics, and management.

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Answer:

FV= $1,254.4

Explanation:

Giving the following information:

Initial investment= $1,000

Number fo years= 2

i= 12% compunded annually

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

PV= present value

FV= 1,000*(1.12^2)

FV= $1,254.4

The assertion is accurate. Wal-Mart provides significant savings to their customers. Even famously named products are eligible for discounts.

Walmart has further streamlined and optimized its supply chain by implementing a vendor management inventory (VMI) strategy. Participants in VMI are responsible for managing their own inventory, which is kept in Walmart's storage facilities.

Wal-Store Mart's monitoring of and use of information technology for the effective movement of information throughout its shops, as well as the strategic relationships the company has managed to create over the years, are two major reasons why the supply chain continues to have a competitive advantage.

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The statement is true. Bonuses and rental income should be included in income estimates. These revenue sources can have a big impact on your finances, so don't disregard them while estimating.

Bonuses are typically based on your or your company's performance and fluctuate year to year. If received, they can enhance your revenue significantly. Your earning potential is more realistic when you include bonus income. Another controlled source is rental income. Income from rental homes or spare rooms helps your finances. Rental income can help with savings, spending, and other financial goals. You can better assess your financial situation by incorporating controlled income sources.

Better budgeting, planning, and financial goals are possible. When generating financial estimates, these income sources' fluctuation and hazards must be considered.

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A price skimming strategy often attracts consumers who are early adopters.

What is Price Skimming?

Price skimming is a method of product pricing in which a company sets its starting price as high as its target market would bear before gradually lowering it. The company reduces the price to appeal to a different, more price-sensitive portion of the population as the demand of the initial clients is met and competition enters the market.

When a new kind of product enters the market, price skimming is frequently employed. The objective is to make as much money as you can while customer demand is high and there isn't much competition in the market.

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Davidson’s contribution margin for the sale of goods would be : $40,000

Contribution margin is a business' sales revenue less its variable costs. The resulting contribution margin can be used to cover its fixed.

Contribution margin is computed as:

= Sales - Total variable cost(Variable cost of goods sold + Variable selling expenses + Variable administrative expenses)

= $100,000 - ($40,000 + $15,000 + $5,000)

= $100,000 - $60,000

= $40,000

Therefore, Davidson’s contribution margin for the sale of goods would be $40,000

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Answer:

Mr. Benjamin has invested total php 750,000 in Salgado and Delgado construction corporation.  

Explanation:

The investment made by Mr. Benjamin in cash and as an equipment both will be considered as investment made in the company. The percentage of stake will be calculated by considering both forms of investments. Mr. Benjamin will have controlling stake in Salgado and Delgado corporation. The company can receive dividends according to percentage of stake declared by the company.

Big data analytics includes location analytics, which gives businesses the chance to examine employee mobile phone location data.

Location analytics combines spatial data on assets, infrastructure, transportation, and the environment with data on a company's operations and customers in order to provide practical solutions to any business challenge and share those insights with the rest of the organization.

Location analytics can provide information on the performance and potential of firms fast and precisely. By integrating the appropriate data (which might be anything from retail sales figures to customer service ratings) with incredibly precise geographical information, you may pinpoint exactly where would profit from your limited resources.

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Residual income is the income earned by an investment after the cost of capital has been paid. Therefore, the residual income for the proposed new line of energy drinks is -$24,420.

It can be calculated as the actual return on investment minus the minimum acceptable rate of return needed to undertake the investment. Residual income = Actual return on investment - Minimum acceptable rate of return needed to undertake the investment

Here, the minimum acceptable rate of return for the Pronghorn Corporation is 6%, while the Energy Drinks division needs to anticipate at least an 8% return on investment. The division has been generating a 15% return on investment for the past three years. Hence, the proposed investment must have an actual return on investment that is higher than 8% to be considered. The calculation for residual income is as follows:

Operating income = $237,100

Minimum acceptable rate of return = 6% × $1,868,000

= $112,080

Actual return on investment = $237,100 - $112,080

= $125,020

Residual income = $125,020 - 8% × $1,868,000

= $125,020 - $149,440

= -$24,420

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The term that refers to the moving of products into, within, and out of warehouses is materials handling. The correct option is  A. Materials handling

This encompasses all the processes involved in the physical movement, storage, and control of materials and products. Materials handling activities include receiving, unpacking, and storing products, as well as picking, packing, and shipping them to their final destinations.

Effective materials handling is essential for the efficient operation of warehouses and distribution centers. Properly designed materials handling systems can improve productivity, reduce labor costs, and enhance customer service.

For example, automation technologies such as conveyor systems and automated storage and retrieval systems (AS/RS) can streamline the movement of products, reduce errors, and increase throughput.

In addition to materials handling, warehousing and distribution involve a range of other activities, such as inventory management, order processing, and transportation.

A distribution center is a facility that is specifically designed for the storage, sorting, and distribution of products. It may also provide value-added services such as product assembly, packaging, and labeling.

Overall, materials handling is a critical component of warehouse and distribution operations. By optimizing materials handling processes, companies can improve their overall efficiency, reduce costs, and provide better service to their customers. Therefore the correct option is  A. Materials handling

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Marketers need to have as much knowledge as they can about the markets they want to target. The consumer market and the corporate market are the two main marketplaces in business. as a result of Customer Service Profit

What exactly are the corporate and consumer markets?

Business marketplaces frequently place more emphasis on sales and purchases that are made directly to other firms, who may then resell those items to consumers. Consumer markets are places where people shop for products for their personal use.

A business market is what?

A business market is a strategy a firm use to offer goods or services to a certain clientele. Business marketplaces typically promote transactions from one company to another when one company intends to repurpose

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The law of supply refers to the principle that businesses will supply more of a product at a higher price than they would at a lower price.

It's a fundamental concept in microeconomics that helps to explain how the market works.

This is because businesses would be less willing to supply the product at such a low price, as they would not be able to make as much profit.

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Based on the scenario you provided, Steve demonstrates form of calculated-based trust with Jason. This is because Steve's response implies that Jason's job depends on meeting with clients, or shared values.

Clients are individuals or entities who seek and utilize the products, services, or expertise of a particular business or professional. They can be customers, patients, organizations, or even other businesses. Clients form a key component of any business's success as they provide the demand and revenue necessary for sustainability. Building and maintaining strong relationships with clients is essential for customer satisfaction, loyalty, and repeat business. Understanding their needs, delivering high-quality solutions, and providing excellent customer service are vital in attracting and retaining clients in a competitive marketplace.

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Answer: Global-standardization strategy

Explanation:

Global-standardization strategy could be defined as using a model to market a product globally. It's the scenario where an organization uses the same marketing strategy of a product across various countries. The advantage of this is that it results in global brand coverage and makes reduction for cost.

Vermilion Inc. has her product produced in various countries but uses the same marketing model or strategy to sell globally, this method is known as Global-standardization strategy

Answer:

Here are four functions of advertising firms to producers:

Market research: Advertising firms can help producers understand the needs and preferences of their target market through market research. This can involve collecting and analyzing data about consumer behavior, demographics, and competition.

Campaign planning: Advertising firms can help producers develop and implement advertising campaigns that effectively promote their products or services. This can include creating advertisements, choosing media outlets, and setting budgets.

Advertising design: Advertising firms can help producers create compelling and effective advertisements for their products or services. This can involve developing slogans, creating visual designs, and writing copy.

Media planning: Advertising firms can help producers choose the most appropriate media outlets for their advertisements, based on the target market and budget. This can include selecting television, radio, print, or online media.

Answer: The four functions are:

1. attracting clients

2. account management

3.researchers

4. coordination between advertiser media and distributor

Explanation:

Answer:

A regulatory body also called regulatory agency is a public authority or a government agency which is accountable for exercising autonomous authority over some area of human activity in a regulatory or supervisory capacity.

Explanation:

L'Oreal's extensions are positioned to appeal to various consumer segments and price points, which effectively contribute to the brand's equity by enhancing its reputation, establishing strong brand associations, and fostering brand loyalty.

The extensions of L'Oreal are strategically positioned to cater to various segments of the beauty and cosmetics market, ultimately contributing to the brand's overall equity. L'Oreal offers a diverse range of product extensions, including hair care, skincare, makeup, and fragrances, which cater to different consumer needs and preferences.

These extensions are positioned across various price points, from affordable products to luxury offerings, to attract a wide range of consumers. For example, L'Oreal's more affordable hair care extensions are positioned as high-quality products for the mass market, while their premium skincare lines target consumers seeking luxury and exclusivity.

In terms of brand equity, these strategically positioned extensions enhance L'Oreal's image and reputation by fulfilling the needs and expectations of diverse consumer groups. By offering products that cater to different preferences and budgets, L'Oreal showcases its commitment to innovation and inclusivity.

Moreover, these extensions enable L'Oreal to establish strong brand associations, as consumers can easily identify the brand with a wide array of beauty solutions. This fosters brand loyalty and encourages repeat purchases, further contributing to brand equity.

In summary, L'Oreal's extensions are positioned to appeal to various consumer segments and price points, which effectively contribute to the brand's equity by enhancing its reputation, establishing strong brand associations, and fostering brand loyalty.

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Answer:

d) Deducted from the amount owing

Explanation:

Returns refer to the goods previously sold to a customer, but the buyer has since rejected them and returned them to the seller. A buyer may reject goods due to various reasons, such as the goods being defective.

When a buyer rejects and returns goods, they are not expected to pay for them. The seller issues a credit note worth the goods returned. That amount is deducted from the invoice issued to the buyer.

b. controlling. Controlling involves monitoring progress toward organizational goals, comparing actual performance against planned performance, and making adjustments as needed to ensure goals are met.

Evaluating results against the plan is a key aspect of the controlling function, which involves monitoring performance and taking corrective action to ensure that goals are met. This activity is closely related to the planning function, as it involves comparing actual outcomes to the desired outcomes established during the planning process. In addition, analyzing and directing are also important management functions, but they are not directly related to evaluating results against the plan.

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