The move toward global marketplaces makes it easier to foresee where rivals may emerge. With the advent of globalization, and hence the rise of market capitalism across the world, rivals may now come from almost anywhere.
What is the primary goal of globalization?Globalization, sometimes known as globalization, is the process of contact and integration among people, businesses, and governments all over the world. The term globalization initially arose in the early twentieth century, evolved into its modern meaning somewhere in the second half of the twentieth century, and became popular in the 1990s to characterize the post-Cold War world's unparalleled worldwide connection. Its beginnings may be traced back to the 18th and 19th centuries when transportation and communication technologies advanced.
Globalization changes the interactions between governments, companies, and individuals. It explicitly modifies the nature of economic activity between nations by boosting commerce, developing global supply chains, and facilitating access to natural resources and labor markets.
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Which of the following is a measurable goal for a company seeking to retain customers? Select an answer:
a) amount of revenue retained at the start and end of a defined period
b) number of customers lost from the beginning to the end of a time period
c) qualitative answers to customer feedback
d) customer survey results
The sentence that serves as the measurable goal for a company seeking to retain customers is a) amount of revenue retained at the start and end of a defined period.
What is the justification?The amount of revenue retained at the start and end of a defined period can be used as the measure in knowing the company's ability to keep customers as well as the way toretain their revenue over a given period.
This is because this helps to account the number of customers retained through the amount of revenue generated from those customers in a particular period of time.
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The measurable goal for a company seeking to retain customers is the amount of revenue retained at the start and end of a defined period.
Explanation:An example of a measurable goal for a company seeking to retain customers is (a) the amount of revenue retained at the start and end of a defined period. This measure of revenue can show if the company has been able to retain customers and generate enough sales to maintain or increase its revenue. By monitoring the amount of revenue retained over time, the company can assess the success of its customer retention efforts.
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If a nation's economy is based primarily on businesses that produce goods rather than services, what would you expect to be true about the goods you buy?
A. Imported goods may cost less than domestic goods.
B. Domestic goods may not have the same quality as imported goods.
C. Imported goods may cost more than domestic goods.
D. Domestic goods may be less expensive in foreign markets.
You expect to be true about goods you buy is imported goods may cost more than the domestic goods.
What are imported goods?Imported goods are products and services that are brought into a country from another country for the purpose of trade or consumption. These goods can include raw materials, finished goods, machinery, technology, and even skilled labor. The importation of goods is a critical aspect of international trade, as it enables countries to access products and services that may not be available locally or that may be available at a lower cost. In addition, imported goods often provide consumers with greater choice and variety, which can help to stimulate demand and competition in local markets. However, the importation of goods can also have negative effects on local industries and jobs, as imported goods may be cheaper and more competitive than locally-produced goods.
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How can technology be a barrier to communication?
Technology can certainly be a barrier to communication in several ways. Firstly, people can rely too much on technology to communicate, which can lead to a lack of personal interaction and human touch.
For example, texting or emailing can be convenient, but they lack the emotional nuances and facial expressions that are essential for effective communication. Therefore, people can misunderstand the message or tone of the message and lead to communication breakdowns.
Secondly, technological devices can malfunction or have connectivity issues, which can delay or disrupt communication. For instance, a poor internet connection or a device that crashes can prevent people from exchanging important information, leading to frustration and even delays in decision-making. Additionally, some people might not have access to technology, which can further create barriers to communication.
Lastly, technology can create language barriers for people who do not speak the same language or have difficulty understanding technical jargon. This can lead to confusion, miscommunication, and even discrimination in some cases.
Overall, while technology has many benefits, it can also be a barrier to communication if used inappropriately or without consideration of its limitations. Therefore, it is important to find a balance between technology and personal interaction, depending on the context and purpose of the communication.
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XYZ Company operates on a remote interstate highway. It provides premium services to truckers en route to remote locations. It has numerous competitors that offer lower prices, but it meets the demands of discerning clients with its high-quality services. Therefore, XYZ Company can be characterized as a firm with a: a. narrow market appeal to a price-sensitive niche that demands quality, service, and value. b. broadly targeted scope and price points aimed for the masses. c. value proposition based on differentiation and a niche clientele that is willing to pay for added value. d. niche clientele and business model that meets the needs of truckers in general.
Answer:
c. value proposition based on differentiation and a niche clientele that is willing to pay for added value.
Explanation:
Since in the question it is mentioned that XYZ company provides the premium service also they have various number of competitors that offered the customer at less prices but at the same time this company meet the customer demand having the high quality service so here the value should be proportioned that depend upon on the differentiation also it would be pay for adding the value
Hence, the option c is correct
Question 1 of 5
What type of goal can help you be prepared for unexpected costs, such as
car repairs?
Long-term financial goal
An emergency fund
Retirement savings
Short-term financial goal
Subsi
Continue
A goal that can help you to be prepared when there are unexpected costs such as car repairs is An emergency fund.
How can you be prepared for unexpected costs?In order to be prepared for unexpected costs, the best thing to do is to have an emergency fund where you are able to save for when you may have to spend money that you are not prepared for.
The emergency fund would be best placed into an account that can earn interest but at the same time can be eaisly accessible. This was you can earn more money while saving for emergencies, and also be able to use the money for those unexpected costs.
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In what ways are retail banks, credit unions, and online banks different?
Answer:
The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. On the contrary, banks generally have lower interest rates and higher fees
The credit unions have lower fees and better interests in the saving accounts. Credit unions are a type of institution controlled by members and operated on a nonprofit basis.
Online banks are those that have internet-based services such as e-loans, and all electronic transactions. It also includes net banking and does it yourself system. Retail banking is a provision of services by the banks to the general public. They are often called as whole ale banking. While a bank can have diverse offering a credit union is limited. Banks provide a higher fee for interest and loans, while credit union is lower fees and interest rates.Learn more about the ways are retail banks, credit unions, and online banks different.
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A company wants to establish an assembly line for producing a new product, the Personal Digital Assistant (PDA). The tasks, task times, and immediate predecessors for the tasks are as follows: TASK TIME (sec) IMMEDIATE PREDECESSORS A 12 B 15 A C 8 A D 5 B, C E 20 D. Company goal is to produce 180 PDAs per hour. a. What is the cycle time? b. What is the theoretical minimum for the number of workstations that can achieve in this assembly line? c. Can the theoretical minimum actually be reached when workstations are assigned?
a. The critical path is A → B → D → E, which has a total task time of 12 + 15 + 5 + 20 = 52 seconds. Therefore, the cycle time is: cycle time = 3600 / (180/hour) = 20 seconds.
The theoretical minimum number of workstationsb. The theoretical minimum number of workstations can be calculated using the following formula:
number of workstations = total task time / cycle time
Using the values from part (a), we get:
number of workstations = 52 seconds / 20 seconds
= 2.6
Since we cannot have a fraction of a workstation, we round up to the next whole number, giving us a minimum of 3 workstations.
c. Depending on how the tasks are organized, it's possible that the theoretical minimum cannot be met when workstations are assigned. Workstation 1 would have a cycle time of 52 seconds, which is longer than the desired cycle time of 20 seconds, if all the tasks on the critical path were allocated to it and all the remaining tasks were distributed among workstations 2 and 3. We would need to allocate tasks to workstations in this situation so that the burden is balanced and the cycle time is minimized.
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1. (15 points) A sales budget is given below for one of the products manufactured by the Key
Co.:
January
February
March
April
May
June
21,000 units
36,000 units
61,000 units
41,000 units
31,000 nits
25,000 units
The inventory of finished goods at the end of each month should equal 20% of the next month's
sales. However, on December 31 the finished goods inventory totaled only 4,000 units. Each unit
of product requires three specialized electrical switches. Since the production of these specialized
switches by Key's suppliers is sometimes irregular, the company has a policy of maintaining an
ending inventory at the end of each month equal to 30% of the next month's production needs.
This requirement had been met on January 1 of the current year.
Required:
a. Prepare a budget showing the required production each month for January, February, March,
and April
b. Prepare a budget showing the quantity of switches to be purchased each month for January,
February, and March.
Answer:
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Explanation:
if I make $2,000 a day how much is that monthly?
Answer:
$60,000
Explanation:
If there is an average of 30 days in a month, then you would take $2,000 and multiply it by 30. So,
30 * 2,000 = 60,000
Thus, you would make around $60,000 monthly.
Hope this helps!! If you have questions please ask!
What is the difference between your assets and your liabilities known as?
O A. your budget variance
OB. your profits
OC. your savings
OD. your net worth
The difference between your assets and your liabilities known as your net worth.
What is equity?Equity is a business term in business or accounting, used to describe the right of the owners of a business assets after the liabilities have been deducted.
In an organization, assets are resources that the company owns. It is everything a business owns, which are cash, equipment, inventory, and investments, while liabilities are obligations that the company have – the difference between them is equity.
Equity is important because it represents the value of an investor's stake in a company, represented by the proportion of its shares. Owning stock in a company gives shareholders the potential for capital gains and dividends.
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Bacon is one example of an item that is not typically portioned by weight but by slices what are some other items that are not portioned by weight how could dishonest suppliers suggest low EP prices when selling such items what can wise buyers do to guard against such actions
Dishonest suppliers of such items could suggest low EP (Edible Portion) prices by manipulating the size or weight of the items.
What are suppliers?Suppliers are individuals or companies that provide goods or services to other businesses or individuals. They play a critical role in the supply chain of goods and services, as they are responsible for producing or procuring the goods or services that other businesses need to operate. Suppliers can vary greatly in size and complexity, from small local businesses to large multinational corporations. They can also specialize in different areas, such as raw materials, components, finished goods, or services such as logistics or IT support. Maintaining good relationships with suppliers is important for businesses as it ensures reliable and timely delivery of goods and services, and can lead to favorable terms, cost savings, and opportunities for collaboration and innovation.
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What is the primary goal of the regulations announced in this press release?
A. To reduce the cost of air travel for consumers
B. To strengthen existing consumer protections
C. To limit airlines’ access to the factor market
D. To decrease scarcity in the travel industry
To reduce the cost of air travel for consumers is the primary goal of the regulations announced in this press release.
What are consumers?A consumer is a person or a group that is not directly involved in entrepreneurial or business operations and who intends to order or uses purchased items, products, or services primarily for personal, social, family, or household needs.
The phrase is most frequently used to describe someone who makes purchases for their own use. A consumer in an economy purchases goods or services primarily for personal use rather than for resale or for commercial objectives.
The price that consumers pay for the goods or services is followed by consumption. As a result, consumers are an essential component of any economy and play a crucial role in the economic system of a capitalist society. The consumer is also at one end of the supply chain.
When it comes to consumer protection regulations, the legal definition of the term "consumer" is typically limited to live individuals and excludes commercial users.
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should you include personal date on a resume ? explain your answer?
How to let a guy know you like him without saying it or being a total freak. I'm 97% sure he likes me, but we don't talk that often....
I put 100 points on this question to be split between the people who answer....
I'll put it in the comments it's says they don't use rude language like this
What should you do when you open a checking account?
A) Open a savings account and link it to your checking account.
B)Try to sign up for true overdraft protection, even though you have to pay
for it.C. Both A and B.
Answer: both a and b
Explanation:
The controller of Carla Vista Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs.
Total Electricity Costs Total Machine Hours
January $2,650 200
February 3,100 320
March 3,570 450
April 4,750 695
May 3,160 500
June 4,910 750
July 4,130 630
August 3,810 580
September 5,060 680
October 4,390 610
November 3,290 320
December 8,920 770
(a) Determine the fixed and variable cost components using the high-low method.
(b) What electricity cost does the cost equation estimate for a level of activity of 450 machine hours?
(c) What electricity cost does the cost equation estimate for a level of activity of 750 machine hours?
Answer:
Results are below.
Explanation:
Giving the following information:
January $2,650 200
February 3,100 320
March 3,570 450
April 4,750 695
May 3,160 500
June 4,910 750
July 4,130 630
August 3,810 580
September 5,060 680
October 4,390 610
November 3,290 320
December 8,920 770
To calculate the variable and fixed components using the high-low method, we need to use the following formulas:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (8,920 - 2,650) / (770 - 200)
Variable cost per unit= $11
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 8,920 - (11*770)
Fixed costs= $450
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 2,650 - (11*200)
Fixed costs= $450
Now, the total cost if the machine hours equals 450:
Total cost= 11*450 + 450= $5,400
Finally, 750 hours:
Total cost= 11*750 + 450= $8,700
At December 31, 2021, Hull-Meyers Corp had the following onvestments that were purchased during 2021, its first year of operations
As businesses grow, they must make decisions on how to plan and manage growth.
True
O False
differences between a small office and a big office
Answer:
one is bigger and the other one is smaller
An income statement compares: a) revenue and sales. b) sales and expenses. c) expenses and assets. d) assets and liabilities
The purpose of an income statement is to compare b) sales and expenses.
What is an income statement?An income statement is a financial statement that a company uses to find out how much profit they have made over the course of an operating period which is often a year.
The first entry into an income statement is sales. This can also be called service revenue for service providing companies. Expenses are then deducted from this revenue to find out the net income. This means that an income statement compares revenue / sales and expense.
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Miao Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 2,980 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue − $39.80 Personnel expenses $26,500 $12.30 Medical supplies 1,400 8.20 Occupancy expenses 8,200 1.00 Administrative expenses 5,300 0.40 Total expenses $41,400 $21.90 Actual results for July: Revenue $114,494 Personnel expenses $60,564 Medical supplies $26,936 Occupancy expenses $10,980 Administrative expenses $6,192 The administrative expenses in the planning budget for July would be closest to:
your company will need a business plan in order to do what?
A. Increase revenue.
B. Identify an opportunity.
C. Pay taxes.
D. Get funding.
Answer: D. Get Funding
Explantion: You company will need a business plant in order to get funding because you'd need to present your investors with the future of your business and what it's there to do. I also happened to take the assessment and it was marked correctly.
I hope this helped!
Good luck <3
Your company will need a business plan in order to get funding. Hence, the correct answer is option D.
What is a business plan?A business plan is a formal document that outlines a company's goals, strategies, and projected outcomes. One of the primary reasons for creating a business plan is to secure funding from investors or financial institutions. By presenting a well-written and comprehensive business plan, a company can demonstrate its viability and potential for success, which can increase its chances of obtaining the necessary funding to start or grow the business.
While a business plan can help a company increase revenue and identify opportunities, those outcomes are not the primary purpose of a business plan. Paying taxes is a legal requirement for all companies, but a business plan is not directly related to tax obligations.
Therefore, a company will need a business plan in order to get funding. Hence, the correct answer is option D.
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Lisa, a supervisor at a manufacturing facility, suspects that one of her subordinates may be under the influence of drugs or alcohol. Which one of the following, if true, would lead Lisa to this conclusion?
If Lisa suspects that one of her subordinates is under the influence of drugs or alcohol, she should approach the situation with sensitivity and professionalism.
If Lisa suspects that one of her subordinates may be under the influence of drugs or alcohol, there could be several signs or symptoms that may lead her to this conclusion. One possible indicator is a change in behavior or attitude. For example, if the subordinate has become increasingly moody, agitated, or withdrawn, this could be a sign that they are struggling with substance abuse. Another possible sign could be a decline in job performance, such as missing deadlines, making mistakes, or being frequently absent from work. The subordinate may also exhibit physical symptoms, such as bloodshot eyes, slurred speech, or unsteadiness on their feet. Furthermore, Lisa may observe that the subordinate is experiencing financial problems, as drug and alcohol addiction can be costly and may lead individuals to miss work or spend their money on substances rather than other necessities. Lisa may also notice that the subordinate has become more secretive or defensive, particularly when questioned about their behavior or whereabouts. It is important to gather as much information as possible before making any accusations or taking any disciplinary action. She may also consider seeking guidance from the company's human resources department or employee assistance program to ensure that the subordinate receives the help they need to overcome their addiction.
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Determine the costs assigned to ending inventory and to cost of goods sold using fifo
Using FIFO, the cost assigned to ending inventory is $8,296, and the cost assigned to the cost of goods sold is $20,774.
What is FIFO?FIFO simply means First-in, First-Out.
FIFO is a cost flow assumption that assigns cost to the cost of goods sold based on the understanding that the first goods brought into the store are the first to be sold.
Note that under the perpetual inventory system, the cost of goods sold is determined at each sales transaction.
Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beg. inventory 285 at $13.40 $3,819
Jan. 10 Sales 250 units $43.40 $10,850
Mar. 14 Purchase 470 units $18.40 8,648
Mar. 15 Sales 400 units $43.40 17,360
July 30 Purchase 485 units $23.40 11,349
Oct. 5 Sales 460 units $43.40 19,964
Oct. 26 Purchase 185 units $28.40 5,254
Totals 1,425 units $29,070 1,110 units $48,174
Ending inventory 315 (1,425 - 1,110)
FIFO:Ending inventory = $8,296 (185 x $28.40 + 130 x $23.40)
Cost of goods sold = Cost of Goods Available for Sale - Cost of Ending Inventory)
= $20,774 ($29,070 - $8,296)
Cost of Goods Sold (Using Perpetual Inventory System):$3,350: 250 units $13.40
$7,185: 400 units ($13.40 x 35) + ($18.40 x 365)
$10,239: 460 units ($18.40 x 105) + ($23.40 x 355)
$20,774 1,110 units
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Question Completion:Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beg. inventory 285 at $13.40 $3,819
Jan. 10 Sales 250 units $43.40
Mar. 14 Purchase 470 units $18.40 8,648
Mar. 15 Sales 400 units $43.40
July 30 Purchase 485 units $23.40 11,349
Oct. 5 Sales 460 units $43.40
Oct. 26 Purchase 185 units $28.40 5,254
Totals 1,425 units $29,070 1,110 units
Required Hemming uses a perpetual inventory system. 1. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO.
What is an example of the consideration of visual merchandising?
A.
online ads using negative space to emphasize text
B.
social media videos with contrasting, bright images
C.
sponsored search engine results being shown in bold
D.
kids’ cereal boxes shelved about four feet high
An example of the consideration of visual merchandising can be seen in the way that kids’ cereal boxes are shelved in grocery stores. This is an example of how visual merchandising can be used to create an emotional connection with customers and influence their purchasing decisions. The correct option is D.
Visual merchandising refers to the visual elements that are used to promote a product or service. This includes the design of the product packaging, displays, advertising, and other marketing materials. Visual merchandising is important because it can help to create a strong brand identity, increase customer engagement, and ultimately drive sales.
Other examples of visual merchandising might include online ads that use negative space to emphasize text, social media videos with contrasting, bright images, and sponsored search engine results that are shown in bold.
All of these strategies are designed to capture the attention of the customer and encourage them to take action, whether it's clicking on an ad or making a purchase in-store. By carefully considering the visual elements of their marketing strategy, businesses can create a powerful and effective message that resonates with their target audience. The correct option is D.
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ethical concerns about sharing health data online. This would include the EHR, the patient portal, etc. How are these protected? Do you think current methods are good enough and are working? What about with Web 3.0 - where our online info could lead to customization of our searches? How ethical is all of this?
There needs to be an increase in encrypted protection of sensitive data to maintain ethics on the EHR, patient portal, etc.
Is Web 3.0 based on ethics?Technology has revolutionized people's lives in a social and professional way, with the internet being part of work, shopping and personal relationships between individuals. Web 3.0 is configured as an innovative means where the internet can be accessed from any device and where it is possible to exchange data between both, improving the speed with which information is shared.
In order to decide whether this is an ethical tool, it is necessary, in relation to the protection of online information, that it is focused on data security, with information available only when clearly permitted by the user, so that it can be used for commercial purposes and personalization of internet usage for example.
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What is an individual behaviour explain the factors influencing individual behaviour?
Individual behavior refers to the actions and reactions of an individual. It is influenced by personal factors (personality, beliefs), social factors (peer pressure, cultural norms), and environmental factors (workplace, resources).
Individual behavior refers to the actions, decisions, and reactions of an individual in various situations. It is influenced by a multitude of factors that shape and determine how an individual behaves. These factors can be broadly categorized into three main groups: personal, social, and environmental.
Personal factors include an individual's personality traits, values, attitudes, beliefs, and perceptions. These internal characteristics influence how a person interprets and responds to different situations.
Social factors encompass the impact of social interactions, cultural norms, peer pressure, and societal expectations. Individuals tend to conform to the behavior patterns exhibited by their social groups and are influenced by the opinions and actions of others.
Environmental factors refer to the physical and organizational surroundings that an individual is exposed to. These include the workplace environment, family dynamics, economic conditions, and availability of resources. Environmental factors can significantly affect an individual's behavior and decision-making processes.
Additionally, individual behavior is also influenced by past experiences, motivation, education, and personal goals. Each person's unique combination of these factors creates a complex matrix that shapes their behavior in different contexts.
Understanding the factors influencing individual behavior is crucial in various fields such as psychology, sociology, organizational behavior, and marketing. By analyzing and comprehending these factors, organizations and individuals can better predict and manage behavior to achieve desired outcomes.
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Why are credit card companies more willing to offer a young person a secured credit card than an unsecured card?
Answer: I work at a bank and we offer young person a secured card than unsecured card because people tend to steal a young persons card more than a middle aged man or woman, because people think it is just more effortless I guess.
Explanation:
Una compañía de cemento aceptó un préstamo por $18.500 por un trabe o completado en un edificio
comercial. El préstamo fue por 180 dias a un 7.5% de interés simple. Si la nota fue vendida a una tasa de
descuento de 9% por 30 dias después de recibido, calcule el bank discount.
Select one:
a
a. $715.88
b. $720.49
c. $723.69
d. $719.77
Answer:
b
Explanation:
Question 2 of 20
Lexi wants to open an account where she can access the funds she needs to
pay her rent and other bills any time she wants. Which type of account would
be the best option for Lexi?
OA. A checking account
OB. A certificate of deposit
OC. A savings account
D. A money market account
SUBMIT
The best option for Lexi, who needs access to funds anytime she wants to pay her rent and other bills, would be a checking account (option A).
Checking accounts offer features such as check writing, debit card usage, and online banking, allowing Lexi to conveniently and quickly access her money whenever needed. With a checking account, she can easily pay bills by writing checks or using electronic payment methods.
In contrast, options B and C, a certificate of deposit (CD) and a savings account, respectively, may not be the best fit for Lexi's immediate needs. A CD typically requires the funds to be locked in for a specified period of time, usually ranging from a few months to several years, with limited or no access to the funds until the maturity date.
Option D, a money market account, is another viable choice for Lexi. Money market accounts often offer higher interest rates than traditional savings accounts, and they also provide check-writing and debit card capabilities. However, some money market accounts may have minimum balance requirements or limitations on the number of transactions.
Option A.
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