1. The external environment are the factors which are outside the organization and affects its performance.
2. The competitive environment are organizations offering similar products or services.
3. The company culture are the values, beliefs, attitudes, and behaviors of an organization.
1. The external environment can be defined as factors outside the organization that affects the performance of an organization. Examples of these factors include economic, legal, political, and social factors. Understanding these factors is crucial to the success of an organization as it affects the overall performance and strategy. For instance, a decrease in consumer spending as a result of a recession will lead to a decrease in sales for an organization.
2. The competitive environment refers to the organizations that offer similar products or services to the organization. Competition is necessary as it helps an organization to evaluate its strengths and weaknesses and come up with strategies to improve on areas that require improvement. Additionally, competition also helps organizations to identify new market opportunities and evaluate the marketing strategies of their competitors.
3. The company culture refers to the values, beliefs, attitudes, and behaviors of an organization. It is the driving force behind the organization’s success as it influences employee motivation, productivity, and creativity. A positive company culture is necessary as it encourages employee loyalty, lowers employee turnover, and improves organizational performance. It can be evaluated through employee feedback, organizational policies, and communication channels.
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Chen is listing questions to help him evaluate his career choice of French language translator. Which question would best help him think critically about his career choice?
Answer:
This question is incomplete, it misses the options. The optiones are the following:
A. Which countries in the world have French as their first language? B. How much will it cost to train for this career choice? C. Which language other than French is beneficial to learn? D. Is translation a career that many people respect?
And the correct answer is the option B: how much will it cost to train for this career choice?
Explanation:
To begin with, the fact that the second question is the one that will best help him in order to think critically about his career choice is that because he needs to now how much will he need in order to learn that career and if the costs will be worth it in the case of choosing it and for that he will need to compare the costs with the approximates benefits that he will have in the future. That is why, Chen needs to questions himself if the costs will be worth it.
Which part, sentence, or phrase in the passage suggests that the respective entrepreneur is a transformational leader? Four best friends from high school—Erwin, Harry, Mick, and Gary—have gone on to become entrepreneurs. They have very different personalities, and thereby, leadership styles. Erwin A(seems to concern himself with the processes rather than forward-thinking ideas.) Harry is B(finicky about minute details, but always gets the job done). C(Mick seeks advice from others and has great concern for his employees). Gary D(rewards effective behavior of his employees, and corrects them when the expectations are not met.)
Answer:
Garry
Explanation:
Brainliest please! :)
Answer:
(D) "rewards effective behavior of his employees, and corrects them when the expectations are not met."
Explanation:
liabilities are generally classified on a balance sheet as
Liabilities are classified as Current Liability and Non-Current Liability on the Balance sheet.
Liability is an accounting term used to represent debts and obligations which the business owes to others.
Examples of Liability includes Wages payable, Supplies payable, Owed Loans, Notes payable, Income taxes payable, Mortgages payable etcHowever, under the balance sheet, Liability are classified into two sections and includes the Current Liability and Non-Current Liability.The Current liabilities are known as Short term liabilities because they are liabilities that are due and payable within one year. The Non-current liabilities are known as Long-term liabilities because they are liabilities that are due after a year or more.Read more on this here
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Describe at least four ways you can take money out of a checking account. (1-4 sentences. 2.0 points)
Answer:
write a check, use an ATM, fill out a withdrawal slip and take it into the bank
Question: Choose the products that are regulated by federal tobacco sales law:
C
O Chewing tobacco
Cigars (including regular, little, and flavored cigars)
O Rolling papers containing tobacco as an ingredient
O E-cigarettes & e-liquid
O All of the above are regulated
Which of the following increases liabilities but not assets? a. Taking out a loan to buy a new car b. Taking out a loan to go on vacation c. Using a credit card to buy a computer d. Paying off a student loan Please select the best answer from the choices provided A B C D
Answer:
Taking out a loan to go on vacation
Explanation:
Liabilities are money owed to other people. They include debts, loans, or other obligations that a person or business is expected to pay. Taking up loans increases liabilities. A loan to expand a business either by increasing inventory or equipment add to both assets liabilities.
A vacation is not an asset. A loan to finance a vacation will only add to liabilities. Paying off a student loan reduces liabilities. Any debt to purchase a car or a computer increases assets and liabilities since the two are assets.
Answer:
taking out a loan on vacation
Explanation:
which inventor founded the general electric company in 1892?
The inventor who founded the General Electric Company in 1892 is Thomas Edison.
Edison is best known for his invention of the electric lightbulb, which changed the way people light their homes and businesses. But, that was not the only invention he made.Edison made contributions to other fields as well, including the telegraph and the phonograph. He was a prolific inventor, holding more than 1,000 patents for his inventions. In 1889, he merged his Edison General Electric Company with another firm to create the new company, General Electric. This company became one of the most successful electric companies in the world.In summary, General Electric was founded by Thomas Edison in 1892. Edison was a prolific inventor and contributed to many fields, including the electric lightbulb, telegraph, and phonograph. His inventions have had a lasting impact on society and technology.
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PLEASE HELP! I don’t know how to do this but the formula is fv=pv(1+r/m)^mt.
Answer:
ight i got u
Explanation:
and thats how i got my answer
movies =12 times $360= $4320,000,009
eating out= $20 times 600 =$1,200,000,090
gym=2 times 60= 420,000,094,000
The newest Greater’s plant can produce far more ice cream than is needed today. The company also makes ice cream cakes, pies, toppings, and other products at its original plant and at the plant formerly owned by a franchisee. What are the implications for Graeter’s strategy and for its operational planning?
The excess production capacity at Greater's newest plant presents opportunities for expansion, diversification of product offerings, and optimal resource utilization.
They can consider expanding distribution channels and entering new markets, while also diversifying their product line with ice cream cakes, pies, and toppings. Efficient operational planning is crucial to ensure cost-effective operations and minimize wastage.
Increased marketing efforts can raise awareness and attract more customers. However, cost management remains important to maintain profitability. By carefully considering these implications, Greater's can leverage the excess production capacity to drive growth, increase market presence, and maintain a competitive edge.
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Is market segmentation just a nice way of using "stereotypes" to sell your products? Can people really be classified so easily into groups that share common needs, wants, and demands?
Market segmentation is not just a way of using stereotypes to sell products. It is a strategic marketing approach that involves dividing a market into distinct groups of customers who share similar needs, wants, and demands. These groups are based on various factors such as demographics, psychographics, behavior, and geographic location.
Market segmentation is a marketing strategy that divides a market into distinct groups based on common needs, wants, and demands. It is not just a way of using stereotypes to sell products. Instead, it is a data-driven approach that helps companies better understand their customers and target specific segments with tailored marketing messages and products.
Market segmentation allows companies to focus on the most profitable and receptive customer groups, leading to more effective marketing strategies and increased sales. While individuals within a segment may still have differences, market segmentation recognizes that they share common characteristics that make them more likely to respond positively to marketing efforts.
By using market segmentation, companies can deliver products and messages that resonate with specific segments, maximizing their marketing efforts and improving overall customer satisfaction and sales.
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SEARCH WHAT IT TAKES TO BE A GREAT LEADER!!!!!!!!!!!!!
Torres says that many of us “carry this image of this all-knowing superhero who stands and commands and protects his followers”. She also says this is somewhat outdated. Do you agree? Why or why not? Describe what image comes to mind for you when you think of a great leader.
Answer:
I agree, because I want to lead other and not to be a follower. I think that a leader is a protector, and leads others to the right direction.
Explanation:
I agree with Torres because I also want to be a leader not follower. A great leader is one who is kind, protective and humble.
What defines a great leader?An effective leader knows what it will take to achieve their team's objectives and has a common vision that is in line with their fundamental beliefs.
They lead, manage, and encourage their teams to work imaginatively and self-assuredly towards that common goal. A leader gives their team members the tools they need to embrace their own individual leadership traits and act with passion and independence. Additionally, they encourage and motivate employees to continue making long-term progress and showing enthusiasm for teaching their objectives.
Therefore, I agree with Torres sayings and a great leader should be protective and humble.
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When property rights are well defined and markets are: competitive market equilibrium violates the conditions for economic efficiency.market equilibrium is consistent with economic efficiency.conditions necessary for economic efficiency no longer apply.quantity supplied will rarely equal the quantity demanded.
Complete Question:
When property rights are well defined and markets are competitive, the
Group of answer choices:
a. market equilibrium violates the conditions for economic efficiency.
b. market equilibrium is consistent with economic efficiency.
c. conditions necessary for economic efficiency no longer apply.
d. quantity supplied will rarely equal the quantity demanded.
Answer:
b. market equilibrium is consistent with economic efficiency.
Explanation:
A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.
Also, a competitive market is a type of market that comprises of numerous producers who compete with each other so as to satisfy or meet the material needs and wants of consumers at a specific period of time.
Hence, when property rights are well defined and markets are competitive, the market equilibrium is consistent with economic efficiency.
This ultimately implies that, when the ownership of resources are well defined and markets are competitive, all benefits from trade between the consumers and producers of goods and services has been maximized, and each units creating more benefit to the consumers than cost have been produced in the economy.
In an attempt to promote renewable energy, the president and congress approve an annual rebate to those who install solar panels on their roofs. What type of economic policy would this represent?.
This type of economic policy would represent is neither fiscal nor monetary policy.
A course of action designed to affect or regulate the economy's behavior is known as an economic policy. The government typically implements and oversees economic policies. The systems for determining tax rates, government spending, the money supply, and interest rates, as well as the labor market, national ownership, and many other areas of government interventions in the economy, are all included in the concept of the economy of governments. The federal government works to achieve three policy objectives in order to maintain a robust economy: stable prices, full employment, and economic growth. The federal government has additional objectives to maintain the sound economic policy in addition to these three policy goals.
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How does M&S keep existing customers happy?
Answer:
Im not sure
Explanation:
How do companies research potential new markets? Choose a global company who has a record of successful new market entry and explain why it has had this success, and consider also the reasons for any failures.
Explanation:
Companies search for potential new markets by collecting consumer data to understand their opinions, wants and needs, and then being able to enter a new market with a safe and effective strategy to generate profits and successes. Data collection occurs in the form of primary and secondary research. The primary research takes place directly with the consumer, it can be carried out in the form of focus groups, which is a direct analysis of the market demand researched by the consumer.
As for secondary research, information is received through third parties, such as online sites, trade associations, etc., which give an idea of market behavior.
IKEA in China is an example of a global company that entered a different market in the form of strategic adaptation to meet the needs of the Chinese, through ideas and concepts aimed at this public.
The code of ethics is essential in business; fully explain why
you find this topic necessary?
The code of ethics is crucial in business because it serves as a guiding framework for ethical behavior and decision-making within an organization. It outlines the values, principles, and standards that employees and stakeholders should uphold in their interactions and business practices.
Here are some reasons why the code of ethics is necessary:
Promotes integrity: A code of ethics promotes integrity by setting clear expectations for ethical conduct. It helps create a culture of honesty, trustworthiness, and accountability within the organization.
Ensures legal and regulatory compliance: The code of ethics often incorporates legal and regulatory requirements. By adhering to the code, businesses can ensure compliance with laws, regulations, and industry standards, reducing the risk of legal consequences and reputational damage.
Guides decision-making: The code of ethics provides a framework for employees to make ethical decisions when faced with dilemmas or challenging situations. It offers guidance on issues such as conflicts of interest, bribery, discrimination, and environmental responsibility.
Enhances reputation and stakeholder trust: A strong code of ethics demonstrates a commitment to ethical conduct, which can enhance the reputation of the business and build trust among stakeholders, including customers, employees, investors, and the community.
Fosters a positive work environment: An ethical business culture, supported by a code of ethics, promotes a positive work environment based on respect, fairness, and inclusivity. It can attract and retain top talent and improve employee morale and satisfaction.
Mitigates risks: By establishing ethical standards and promoting compliance, the code of ethics helps mitigate legal, financial, and reputational risks for the organization. It reduces the likelihood of unethical behavior, fraud, and misconduct.
Overall, a comprehensive and well-implemented code of ethics is necessary in business to ensure ethical behavior, maintain legal compliance, protect reputation, and foster a positive work environment. It serves as a moral compass that guides individuals and organizations towards responsible and sustainable business practices.
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Use this graphic to answer the question.
A new restaurant owner receives a loan of $400,000.00. To help the owner make the right decisions about how to spend the money, another restaurant owner has supplied a general breakdown of costs and a flowchart on how to make investment decisions.
The restaurant is in the business district, and many customers will come in mid-afternoon for lunch. Based on the flowchart and breakdown, which cost is most important to attract these customers?
insurance
food-handler’s license
background music
kitchen equipment
The food handlers license is the cost that is the most important that would help to attract the customers.
How would the cost attract customers?Based on the fact that the business is licensed to operate, the people would be able to trust the food business.
Hence they would be more likely to be able to go there in order to get the services that they need in the business.
Hence the license is the cost that would help to attract the people
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During the two years he has been working, Jeffrey has saved some money to buy a house. His parents have agreed to loan him part of the down payment, and he has started to look for a house he can afford. He discovered a great house that has two apartments in it. He has looked at all the information carefully, done his budget, and thinks he can afford the house because he will live in only part of it and will rent out the other half. If Jeffrey buys this house, lives in the apartment upstairs and rents out the apartment downstairs, which of the following is true?
Answer:
you have to give "the following"
Due to the severity of COVID 19 on households, the government of Australia announced Job Keeper Allowances to be given to the labour force that had lost employment.
a. Examine the impact of Job Keeper Allowances during the COVID 19 recession on Australia’s economy.
The implementation of Job Keeper Allowances by the government of Australia during the COVID-19 recession had a significant impact on the country's economy. These allowances aimed to provide support to the labor force that had lost employment due to the severity of the pandemic.
The Job Keeper Allowances provided crucial support to individuals who lost their jobs or experienced reduced working hours due to the COVID-19 pandemic. By providing financial assistance, these allowances helped ensure that households could meet their basic needs and maintain a certain level of consumption. This, in turn, had a positive impact on the overall economy. The allowances helped prevent a sharp decline in consumer spending, which is a major driver of economic growth. Sustained consumer spending helped support businesses, particularly in sectors heavily impacted by the pandemic, preventing widespread bankruptcies and further job losses.
Moreover, the Job Keeper Allowances provided stability to household incomes, reducing the financial stress faced by individuals and families. This stability had a cascading effect, as it allowed households to continue meeting their financial obligations, such as rent or mortgage payments, utility bills, and other expenses. By providing this support, the allowances helped prevent a domino effect of defaults and financial instability that could have further destabilized the economy.
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¿Cómo podría Wal-Mart mejorar su estrategia de marketing para atraer a los grandes consumidores potenciales de este sector en los mercados internacionales?
Answer:
Para poder atraer grandes consumidores potenciales del sector de retail en los mercados internacionales, Walmart tendría que focalizarse en 3 tareas específicas:
1- Por un lado, invertir en publicidad en los lugares en los que desee aumentar su rendimiento comercial, para poder dar a conocer su marca y atraer a nuevos clientes, ingresando así a mercados en los que hasta ahora no tiene presencia.
2- Además, debe lógicamente invertir en relocalizar muchos de sus centros de distribución a esos nuevos mercados, para así poder facilitar la distribución de los productos que comercializa en los nuevos territorios.
3- Por otra parte, debe garantizar un acceso al comercio electrónico, para poder así proveer a los consumidores los mismos bienes que ofrece en los Estados Unidos, pero en sus territorios de origen.
Last year a business had fixed costs of £875,000 and revenue of 2.5 million. The business had total variable coats of 50,000 and sold 100,000 units. Calculate the total costs of the business last year
Answer:
Total cost of the business = £925,000
Explanation:
Solution:
Data given:
Fixed cost = £875000
Revenue generated = 2.5 million
Total variable cost = 50,000
Units Sold = 100,000
What is the total cost of the business = ?
Formula for total cost of the business is:
Total Cost = Total Fixed Cost + (Average variable cost per unit x units produced)
Here we have, Total variable cost not the average variable cost per unit.
So,
Average variable cost per unit = Total variable cost/ units produced
Average variable cost per unit = 50,000/100,000
Average variable cost per unit = 1/2 = £0.5 per unit.
Now,
Total cost of the business = Total Fixed Cost + (Average variable cost per unit x units produced)
Let's plug in the values.
Total cost of the business = 875,000 + (0.5 x 100,000)
Total cost of the business = £925,000
When Krystal Ginger graduates from culinary school she dreams of opening her own Asian fusion restaurant. Her other passion is skiing in Colorado, where she schedules four or five trips each year. As her small business advisor, you believe it necessary to provide her with information that will help her make good business decisions. Which of the following would be helpful for Krystal to know?
A. Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
B. Restaurants are not the easiest type of business to start, but once you get it going, you will have plenty of time for skiing.
C. Most restaurant owners get rich if they open their own, independent restaurant as opposed to starting a franchised operation.
D. Franchised operations will take less time on the part of the owner than a regular independently owned operation. If she opens a franchise, she will have more time for creativity in the business, and more time for skiing too.
Answer:
The answer is A.) Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
Explanation:
explain why businesses give different types of discounts
Answer:
Consumers are attracted by discounts and tend to share them via word-of-mouth—an efficient way to reach new customers while keeping customer acquisition costs in check.
Explanation:
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W.C. Cycling had $55,000 in cash at year-end 2007 and $25,000 in cash at year-end 2008. Cash flow from long-term investing activities totaled _$250,000, and cash flow from financing activities totaled $170,000. Required: a) What was the cash flow from operating activities? b) If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm's net income?
Answer:
a) 50,000
b) 115,000
Explanation:
Cash flow from operating activities and Net Income can be calculated as follows
DATA
Opening cash balance = $55,000
Closing cash balance = $25,000
Long term investing activities = $250,000
Cashflow from financing activities = $170,000
Requirement A: Cash flow from operating activities
$
Investment 250,000
Less:
Cash flow from financing activities (170,000)
Opening Cash balance (55,000)
Add:
Closing cash balance 25,000
Operating cash flows 50,000
Requirement B: Net Income
Operating cash flows 50,000
Add:
Increase in receivables and inventory 100,000
Less:
Increase in accruals 25,000
Depreciation 10,000
Net Income 115,000
Is government-subsidized flood insurance more likely to help relatively rich people or relatively poor people? Will it increase, decrease, or leave unchanged the amount of damage occurring from floods?
Answer:
Policy (SFIP), actually touches and damages NFIP-insured property. A loss caused
by a flood in progress at the time an SFIP comes into effect may be subject to the
flood-in-progress exclusion. If the SFIP was effective prior to the date the flood in
progress began, coverage will be effective. A flood is in progress on the earlier of
either the date the community in which the NFIP-insured property is located first
experiences a flood as defined in the SFIP, or on the date of an event initiating a
flood that directly or indirectly affects areas downstream or in a floodway.
70. Is damage caused by a flood in progress covered?
If a policy is in effect on the date the flood in progress begins, damage caused
by the flood in progress is covered, subject to the terms of the SFIP. If a policy
is effective after the date the flood is in progress, damage caused by the flood in
progress most likely will not be covered. However, each NFIP claim is adjusted
individually and the cause of any loss, and any applicable limitations or exclusion
in the SFIP, is determined during the claims adjustment process.
Explanation:
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this group of people created an alphabet so that they could communicate with many trade partners.
The group of people that created an alphabet to communicate with their trade partners were the Phoenicians.
They were a seafaring civilization located in the eastern Mediterranean around 1200 BCE. The Phoenicians were known for their advanced trading skills and established trade networks with many other civilizations. To facilitate communication with their trade partners, they developed a phonetic alphabet that was easy to learn and use. This alphabet consisted of 22 letters and was the precursor to the modern-day alphabet used in many languages today, including English. The Phoenician alphabet was widely adopted by other civilizations, including the Greeks, who added vowels to the alphabet, thus creating the first true alphabet. The development of the alphabet revolutionized communication and helped facilitate trade and cultural exchange between different civilizations.
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Interest earned on a savings account is _____.
Explanation:
Interest earned on a savings account is everfi
when preparing a segment margin income statement ______.
An Income statement is a fiscal statement that shows a company's income and charges.
In forming the income statement of the industry, the cost of deals consists only of the variable cost of manufacture, identifiable fixed costs are subtracted from the decoration periphery
It also indicates whether the company makes a profit or a loss for the period. The income statement, along with the balance distance and cash inflow statement, helps you understand the fiscal health of your business.
Member periphery is the quantum of profit or loss generated by a business. Member periphery includes only member income and charges.
Segment Margin helps you get an accurate picture of where a company is doing well and where it isn't, grounded on its strengths and sins.
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Discussion: Define Viscosity. Why is it important to understand the viscosity of a substance? Identify several industries where viscosity is an important measure of a products quality. List several different methods of testing viscosity and the units used in those methods. What is the difference between dynamic viscosity (also known as absolute viscosity) and kinematic viscosity?
Viscosity is a physical property of fluids that describes the resistance of a fluid to flow.
It is important to understand the viscosity of a substance because it can help determine the fluid's behavior and performance.
Methods for testing viscosity include capillary viscometry, rotational viscometry, and falling ball viscometry. These methods use different units of measurement such as centipoise (cP), Pascal-seconds (Pa·s), and Stokes (St) to measure viscosity.
Dynamic viscosity is also known as absolute viscosity and is a measure of the internal friction or resistance to flow within a fluid. It is measured in units of Pa·s or cP. Kinematic viscosity, on the other hand, is a measure of the fluid's resistance to flow under the influence of gravity. It is measured in units of m²/s or centistokes (cSt).
Viscosity is a physical property of fluids that describes the resistance of a fluid to flow. The internal friction that exists between adjacent fluid layers which opposes relative motion between them is referred to as viscosity. Fluids that have high viscosity are thick and flow slowly, while fluids with low viscosity are thin and flow quickly. The SI unit of viscosity is Pa·s (Pascal second).
Understanding viscosity is crucial in several applications and industries, such as:
Food Industry: The viscosity of food products, such as sauces, pastes, and oils, determines their texture, consistency, and quality.Petroleum Industry: Viscosity is an essential parameter in the production and refining of crude oil, as well as in the lubrication of engines and machinery.Paint Industry: Viscosity is an essential factor in the production of paints and coatings, as it determines their spreadability, brushability, and drying time.Chemical Industry: Viscosity plays a crucial role in the production of various chemical products, such as polymers, adhesives, and coatings.Pharmaceutical Industry: Viscosity is an essential factor in the formulation and production of pharmaceuticals, such as creams, lotions, and syrups.Several methods are used to measure viscosity, such as:
Capillary Viscometer Method: This method measures the time taken by a fluid to flow through a capillary tube under the influence of gravity.Brookfield Viscometer Method: This method measures the torque required to rotate a spindle immersed in the fluid.Falling Ball Method: This method measures the time taken by a sphere of known density and size to fall through a fluid in a vertical tube.Ostwald Viscometer Method: This method measures the flow rate of a fluid through a capillary tube, which is then used to calculate viscosity.There are two types of viscosity: dynamic viscosity and kinematic viscosity.
Dynamic viscosity (also known as absolute viscosity) is the measure of the fluid's resistance to flow, and it is measured in units of Pa·s or N·s/m². Dynamic viscosity is determined by the frictional forces that exist between the different layers of fluids that oppose relative motion between them.Kinematic viscosity is defined as the ratio of the dynamic viscosity of a fluid to its density, and it is measured in units of m²/s. It is a measure of the fluid's resistance to flow under the influence of gravity. Kinematic viscosity is used to classify fluids based on their flow characteristics.Learn more about Kinematic viscosity: https://brainly.com/question/30264313
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Does anyone know how to get rid of/delete a Wibbitz Account? It's like a video editing place and I'm still on the 8-day trial and I will not pay those prices. Only respond as an answer if you like work for Wibbitz or if you know what I'm talking about. PLS PLSPLSPLSPSL Help me and give a detailed tutorial pls help me. Like for real whoever helps me will be like a guardian angel! :)
Rather than deleting it as a whole, I'm pretty sure you can just cancel the subscription.
First, try to go through the subscription page and find an option to cancel it.
If that doesn't work, go through your payment method and cancel your subscription through there.
If you've only made the account, your 8 day trial is completely free and it will not charge you but instead request that you start a subscription. If that happens, then just decline the subscription.