Both Marcus and Patrick will use the filing status of Singles because they were divorced, has no dependents and never remarried to each other
Filing status helps to determines the tax return form a taxpayer will use to compute his/her taxable income.
In U.S., the filing status includes
SingleMarried filing jointlyMarried filing separatelyHead of householdQualifying widow(er) with dependent childTherefore, both Marcus and Patrick will use the filing status of Singles because they were divorced, has no dependents and never remarried to each other
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A claim against a customer is known as
Answer:
A claim against a customer is known as an account receivable.
Driving skills are a basic qualification of
Military Infantry.
Mail Carriers.
Ambassadors.
Tax Examiners.
Answer quick
Answer: The answer is B mail carriers
Explanation:
Answer: B
Explanation:
Mail carriers
On March 1, Sather Co. sold merchandise to Boone Co. on account, $28,400, terms 2/15, n/30. The cost of the merchandise sold is $19,500. The merchandise was paid for on March 14. Assume all discounts are taken.Required:Journalize the entries for Sather Co. and Boone Co. for the sale, purchase, and payment of amount due. Refer to the appropriate company’s Chart of Accounts for exact wording of account titles.CHART OF ACCOUNTSSummit Co.General LedgerASSETS110 Cash121 Accounts Receivable-Beartooth Co.125 Notes Receivable130 Merchandise Inventory131 Estimated Returns Inventory140 Office Supplies141 Store Supplies142 Prepaid Insurance180 Land192 Store Equipment193 Accumulated Depreciation-Store Equipment194 Office Equipment195 Accumulated Depreciation-Office EquipmentLIABILITIES210 Accounts Payable216 Salaries Payable218 Sales Tax Payable219 Customers Refunds Payable221 Notes PayableEQUITY310 Owner, Capital311 Owner, Drawing312 Income Summary REVENUE410 Sales610 Interest RevenueEXPENSES510 Cost of Merchandise Sold521 Delivery Expense522 Advertising Expense524 Depreciation Expense-Store Equipment525 Depreciation Expense-Office Equipment526 Salaries Expense531 Rent Expense533 Insurance Expense534 Store Supplies Expense535 Office Supplies Expense536 Credit Card Expense539 Miscellaneous Expense710 Interest ExpenseCHART OF ACCOUNTSBeartooth Co.General LedgerASSETS110 Cash120 Accounts Receivable125 Notes Receivable130 Merchandise Inventory131 Estimated Returns Inventory140 Office Supplies141 Store Supplies142 Prepaid Insurance180 Land192 Store Equipment193 Accumulated Depreciation-Store Equipment194 Office Equipment195 Accumulated Depreciation-Office EquipmentLIABILITIES211 Accounts Payable-Summit Co.216 Salaries Payable218 Sales Tax Payable219 Customers Refunds Payable221 Notes PayableEQUITY310 Owner, Capital311 Owner, Drawing312 Income Summary REVENUE410 Sales610 Interest RevenueEXPENSES510 Cost of Merchandise Sold521 Delivery Expense522 Advertising Expense524 Depreciation Expense-Store Equipment525 Depreciation Expense-Office Equipment526 Salaries Expense531 Rent Expense533 Insurance Expense534 Store Supplies Expense535 Office Supplies Expense536 Credit Card Expense539 Miscellaneous Expense710 Interest Expense
Answer and Explanation:
The journal entries are shown below:
On the books of Sather Co.
On Mar 1
Accounts Receivable $28,400
To Sales $28,400
(Being the merchandise sold on credit is recorded)
For recording this we debited the account receivable as it increased the assets and credited the sales as it also increased the sales
Cost of goods sold $19,500
To Merchandise inventory $19,500
(Being the cost of merchandise is recorded)
For recording this we debited the cost of goods sold as it increased the expenses and credited the inventory as it reduced the assets
On Mar 14
Cash $27,830
Sales Discounts ($28,400 × 2%) $568
To Accounts Receivable $28,400
(Being the payment received is recorded)
For recording this we debited the sales and discount as it increased the assets and discount and credited the account receivable as it decreased the assets
On the books of Boone Co.
On Mar 1
Merchandise Inventory $28,400
To Accounts Payable $28,400
(Being the merchandise is purchased on credit)
For recording this we debited the inventory as it increased the assets and credited the account payable as it also increased the liabilities
On Mar 14
Accounts Payable $28,400
To Cash $27,830
To Merchandise inventory ($28,400 × 2%) $568
(Being the cash payment is recorded)
Fo recording this we debited the account payable as it reduced the liabilities and credited the cash and inventory as it also decreased the assets
IN the light of Nike Case, identify the following:
Nike company marketing management.
Nike is following marketing orientation rather than a product orien
Nike's competitive advantage as a market leader.. identify Nike e
opportunities through the scanning tools.
Answer:
Nike company follows brand recognition marketing strategy.
Nike focuses on market trends rather than product features.
Explanation:
Nike has great brand image among its customers. It focusses on its brand and launches new products with heavy R&D experiences. The management of Nike focus on market orientation rather than product orientation. It identifies the market trends and then customizes its product according to customers needs.
differences between division of labor and specialisation
Explain other advantages of the autociatic leadership style. se Se busines
The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.
Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.
Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.
However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.
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Where would your client navigate to view the status of a bill payment that was paid using Bill Pay powered by Melio?
Here are the steps:
Go to the Reports menu on the left pane.Select Bills and Applied Payments from the What you owe section.Click the Customize button at the top.Go to the Rows/Columns drop-down, and then check the box for the Tracking # and other info you want to include it.I hope this helps!!!
If the supply of a good increased, what would be the effect on the equilibrium price and quantity?
Answer:
An increase in supply, all other things unchanged, will cause the equilibrium price to fall; quantity demanded will increase. A decrease in supply will cause the equilibrium price to rise; quantity demanded will decrease.
If supply increases while all other factors remain constant, the equilibrium price will fall. The quantity demanded will rise. A decrease in supply raises the equilibrium price while decreasing the quantity demanded.
What is supply?Supply is a fundamental economic concept that describes the total amount of a specific good or service that consumers have access to.
If displayed on a graph, supply can refer to the amount available at a specific price or the amount available across a range of prices. Changes in the supply curve shift the equilibrium price and quantity. If supply grows, equilibrium price falls and quantity grows.
Therefore, an increase in the supply will cause a reduction in equilibrium price and an increase in the quantity of a good.
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Economic Stimulus Act of 2008
Explanation for the reason for Economic Stimulus Act of 2008. What are the main causes of the legislation. What occurred in the economy to prompt the government to pass or enact such legislation or act?
Answer:
The Economic Stimulus Act of 2008 was a United States federal law enacted on February 13, 2008, to provide economic relief amid the Great Recession. The act provided tax rebates to individuals and tax incentives for businesses. It also increased the limits on mortgages eligible for purchase by government-sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac. The total cost of the act was projected at $152 billion for 2008.
The main causes of the legislation were:
The subprime mortgage crisis, which began in 2007, led to a decline in housing prices and a rise in foreclosures. This had a negative impact on the economy, as it led to a decrease in consumer spending and investment.The financial crisis of 2008, which began in September 2008, led to a collapse of the GSEs and a severe tightening of credit markets. This made it difficult for businesses to borrow money, which further slowed economic growth.The government enacted the Economic Stimulus Act of 2008 in an attempt to:
Boost consumer spending and investment, which would help to create jobs and stimulate economic growth.Prevent the financial crisis from worsening, which would have had a devastating impact on the economy.The act was controversial, with some economists arguing that it was not large enough to have a significant impact on the economy. However, the act did provide some relief to individuals and businesses, and it is generally credited with helping to prevent the Great Recession from becoming even worse.
What is one thing college students must do to continue to receive federal
student aid while attending college?
A. Register with Selective Service
B. Select an academic major in their first semester
C. Maintain satisfactory academic progress
D. Commit to community service after college
Answer:
C. Maintain satisfactory academic progress
Explanation:
Federal student aid is performance based (usually with a GPA range in place), so maintaining such is what keeps students on track to continue receiving it.
Fixed costs are _____.
costs that increase regardless of how much of a good or service is produced
costs that stay the same regardless of how much of a good or service is produced
costs that decrease regardless of how much of a good or service is produced
none of the above
Answer:
costs that stay the same regardless of how much of a good or service is produced
Explanation:
In the short run, fixed costs are the expenses that do not change regardless of the output level. In other words, fixed costs remain a constant amount throughout the financial period. Examples of fixed costs include rent, administrative salaries, insurance, and loan repayments. These amounts will be the same irrespective of production levels.
Fixed costs contrast with variable costs that vary depending on the output level.
Which of the following government agencies regulates financial markets?
a. OSHA
b. The IRS
c. The FAA
d. The OTS
(sorry if it’s wrong category)
Answer:
THE OTS
Explanation:
they regulate markets that are financial
Answer:
The right answer is the D. The OTS
Explanation:
I have put the FAA but it was wrong so they show me the right answer which was d. The OTS.
Hope this was helpful!
Question 1 of 10
If a product lacks necessary instructions, it is a(n)
product.
A. defective
B. express warranty
C. limited warranty
D. extended warranty
What is the answer to this
what is this ≅ and how I use it
what is this ㏒ and how i use it
what is this⇆ and how i use it
Answer:
≅: Congruent
㏒: Logarithms
⇆: Reversible
Explanation:
None
Question 7 of 10
Jayel considers who will be listening to his informative address and what they
may already know about the topic. Which part of his informative address is he
considering?
OA. Audience
OB. Purpose
OC. Introduction
OD. Connections
SUBMIT
Jayel considers who will be listening to his informative address and what they may already know about the topic. Option A. Audience part of his informative address is he considering.
Jayel considers who will be listening to his informative address and what they may already know about the topic. In other words, he is considering the audience. The audience is the people who will be listening to the speaker. The audience is essential in informative speaking since it dictates how the speaker presents the information. The speaker can’t give the same information to an expert in a particular field as they would give to an amateur.
The speaker has to know the audience’s level of understanding, their interests, and their attitudes toward the topic. Audience analysis is an essential tool for informative speaking. It helps the speaker adjust the tone, style, and content of the information.
In addition, audience analysis helps the speaker address the audience's interests and make the information relevant to them. Speakers use audience analysis to tailor their presentations to their listeners. The audience is a significant factor in informative speaking, and they should always be considered when delivering an informative speech. Therefore, the correct option is A.
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Which one of the following statements concerning dealers and brokers in the financial markets is correct? Multiple Choice o. A dealer pays the ask price when purchasing securities o. A broker never assumes ownership of the securities being traded. o. A broker deals solely in the primary market o. A dealer in market securities arranges sales between buyers and sellers for a fee. o. A broker eams income in the form of a bid-ask spread.
From the following statements "A broker never assumes ownership of the securities being traded" is correct.
Brokers arrange transactions between buyers and sellers in order to earn a commission after the transaction is completed. A broker playing the dual role of buyer or seller is considered the primary party to the transaction. These he two roles are distinct from the agent who is his primary party in the transaction.
Brokers are often impartial people who provide services used by multiple businesses. A broker's main job is to match buyers and sellers. A broker therefore acts as a neutral middleman between buyers and sellers.
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with no special record-keeping requirements or forms to file, an ira can be an excellent vehicle for sheltering income from taxes.
With no special record-keeping requirements or forms to file, an ira can be an excellent vehicle for sheltering income from taxes. Self directed retirement plans
What is the IRA?A tax-advantaged investing account called an Individual Retirement Account (IRA) is used to help you save money for retirement. One of the best methods to invest in and save for the future is through an IRA. Depending on the type of account, it enables your money to grow on a tax-deferred or tax-free basis.
You can save money for retirement tax-advantageously with an individual retirement account (IRA). An IRA is a financial institution-created account that enables someone to save for retirement while earning tax-free growth or on a tax-deferred basis.
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Answer:
sheltering income
Explanation:
Archie and Tina Reynolds are married and always file Married Filing Jointly.
Archie earned $32,000 in wages and Tina earned $24,000 in wages.
The Reynolds paid all the cost of keeping up a home and provided all the support for their two children, Laura and Timothy, who lived with them all year.
Laura is 13 years old and Timothy turned 17 in November 2021.
Archie and Tina elected not to receive the advance child tax credit payments.
Archie and Tina did not have enough deductions to itemize, but contributed $1,700 in 2021, to their church, a qualified charitable organization.
Archie, Tina, Laura, and Timothy are all U.S. citizens with valid Social Security numbers and lived in the U.S. the entire year.
Which of the Reynolds children qualifies for the child tax credit (CTC)?
Based on the information given, it can be noted that the child that qualifies for the will be Laura.
What Is Tax Credit?A tax credit simply means an amount of money that a taxpayer is expected to deduct from the tax that will be paid.
In this case, it can be noted that the child that qualifies for the tax credit will be Laura. Timothy isn't a qualifying child because he has turned 17.
In conclusion, the clause is typically for children below 17 years.
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How do I get gud at craft
Answer:
practice at least two times per day
Answer: 90% of people marry there 7th grade love. since u have read this, u will be told good news tonight. if u don't pass this on nine comments your worst week starts now this isn't fake. apparently if u copy and paste this on ten comments in the next ten minutes you will have the best day of your life tomorrow. you will either get kissed or asked out in the next 53 minutes someone will say i love you.
Explanation:
When you think about a leader, what words would you use to describe that person?
Answer: Someone who has the most power
Explanation:
More than are located in Georgia. production companies A notable film school in filmmakers and hosts an annual film festival. educates future Also, the West Georgia Technical College in produces several TV series. Georgia State University has the largest film- production program
CMII-sponsored workforce research helped convince state legislators to establish the Georgia Film Academy, which only a small number of Georgia State students participate in each year.
The University System of Georgia's largest and oldest film program is offered at Georgia State University. Nearly every local studio employs former students of Georgia State. Students at Georgia State have a variety of methods to interact with the film and television production sector.
Some kids figure out how to get jobs as extras in films. The experience is entertaining and a great introduction to the reality of working on a sound stage, while it is not very beneficial as job training.
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If leaseplan continues its diversity management activities, as described in the case, select the most closely aligned statistics to ots potential outcome
Tolerate is Thomas's generic action options for managing diversity is most illustrated in the case. Thus, option D is correct.
What is diversity?Diversity can be defined as the part of the workforce where there is a significant benefit to having a diverse workforce; this can be based on social or ethnic background; this is the state of the variety of people employed in the company.
The lease plan is satisfied that there is gender diversity, which is supported. As there are various numbers of male as well as female employees that are a part of the lease plan. As the number of women working in the company grows, this will demonstrate how the other gender is treated.
Therefore, option D is correct.
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The question is incomplete, Complete question probably will be is:
Leaseplan Effectively Manages Diversity The term, glass ceiling, was used to represent an absolute barrier or solid roadblock that prevented women from advancing to higher-level positions. The ceiling resulted in women finding themselves stuck in lower-level jobs, ones that did not have profit and loss responsibility, and jobs with less visibility, power, and influence. This scenario is changing. This case illustrates the Leaseplan Effectively Manages Diversity The term, glass ceiling, was used to represent an absolute barrier or solid roadblock that prevented women from advancing to higher-level positions. The ceiling resulted in women finding themselves stuck in lower-level jobs, ones that did not have profit and loss responsibility, and jobs with less visibility, power, and influence. This scenario is changing. This case illustrates the impact motivated leadership and changing company policies can have on gender diversity in the workplace. According to the United States Department of Labor, compared to women comprising 21 percent of the workforce in 1920, women comprised nearly half of the workforce in the United States in 2013, making gender diversity issues more and more important. This activity asks you to identify and apply your knowledge of such aspects of diversity. Read the case below and answer the questions that follow. In 2003, the representatives of LeasePlan USA's top customers were mostly women, as was the majority of the company's employees. However, men represented a large majority of top managers at the company, reflecting the old-boys network type culture that dominated the fleet industry. New leadership decided to change this and provided career counseling to women, revised reward systems to focus on performance instead of seniority, and replaced some existing managers. Two years ago, only one of seven top executives was a woman. Now, three of the top eight executives are women. The company's new chief executive claims that these changes are motivated by strategy rather than political correctness. He says, "LeasePlan doesn't build anything...Our sustainable competitive advantages are people." LeasePlan now also implements a development program catered specifically for female employees. The program includes skills assessments, career guidance, communications, brand building, and panel discussions with female executives from other companies. Which of Thomas's generic action options for managing diversity is most illustrated in the case? Multiple Choice suppress
isolate
deny
include/exclude
tolerate
Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.
Lq =
L =
Wq = hours
W = hours
Pw =
B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.
------ customer per hour
Will the service goal be met? Yes or No
A. Operating characteristics:
Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833
B. Service goal: Not met. Action recommended.
C. Mean service rate: 7.5 customers/hour.
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).
A. To compute the operating characteristics of the customer waiting line:
Arrival rate (λ) = 2.9 customers/hour
Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour
Average number of customers in the queue (Lq):
Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017
Average number of customers in the system (L):
L = λ / (μ - λ) ≈ 0.9377
Average waiting time in the queue (Wq):
Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)
Average waiting time in the system (W):
W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)
Probability of a customer waiting in the queue (Pw):
Pw = λ / μ ≈ 0.4833
B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.
Action recommendation: To meet the service goal, I would recommend taking the following actions:
Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.
Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.
Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.
Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.
C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:
Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour
Will the service goal be met? Yes
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.
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Jackson, Inc., manufactures two products that it sells to the same market. Excerpted below are its budgeted and actual operating results for the year just completed: Unit sales Budged Actual Product X 22,500 42,000 Product Y 90,000 80,000 Unit contribution margin Product X $4.80 $3.90 Product Y $13.00 $14.00 Unit selling price Product X $13.00 $14.00 Product Y $30.00 $29.00 Industry volume was estimated to be 1,875,000 units at the time the budget was prepared. Actual industry volume for the period was 2,440,000 units. Jackson measures variances using contribution margin. Total sales quantity variance is: $97,280 favorable. $95,190 favorable. $107,920 favorable. $84,500 favorable. $36,400 favorable.
Answer:
$46,500 unfavorable
Explanation:
The computation of the total sales quantity variance is as follows:
Total sales quantity variance
Sales quantity variance is
= (Actual quantity sold - Budgeted quantity) × Budgeted price
For product X, it would be
= (42,000 - 22,500) × $13
= $253,500 favorable
And, For product Y, it is
= (80,000 - 90,000) × $30
= $300,000 unfavorable
So, the total would be
= $300,000 - $253,500
= $46,500 unfavorable
This is the answer but the same would not be provided in the given options
The best place to put your money if you want to be able to withdraw it quickly
is a
account.
Answer:
true
Explanation:
The 2017 balance sheet of Dream, Inc., showed current assets of $1,530 and current liabilities of $820. The 2018 balance sheet showed current assets of $1,800 and current liabilities of $1,000. What was the company's 2018 change in net working capital, or NWC
Answer:
$90
Explanation:
net working capital = current assets - current liabilities
therefore
2017 = $710
2018 = $800
change = $90
The company's 2018 change in net working capital, or NWC is $90
What is the focus of fiscal policy?
A. Judicial appointments
B. Foreign diplomacy
C. Taxation and spending
D. Environmental regulation
Answer:c
Explanation:
The focus of fiscal policy is primarily on taxation and government spending. Hence option C is correct .
What is the focus of fiscal policy?Fiscal policy refers to the actions taken by a government to influence its economy, particularly in terms of managing the levels of inflation, unemployment, and economic growth.
One of the key tools of fiscal policy is taxation, which refers to the government's ability to collect money from individuals and businesses based on their income or consumption. The government can use taxation to either increase or decrease the amount of money in circulation in the economy, thus affecting economic activity and growth.
Government spending is another important aspect of fiscal policy. The government can use its spending power to invest in various sectors of the economy, such as education, infrastructure, or healthcare. This can have a significant impact on economic growth and job creation.
In general, the focus of fiscal policy is to create a stable and sustainable economic environment that promotes growth and prosperity for all citizens. While other issues such as judicial appointments or foreign diplomacy may be important,
Thus option C is correct .
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Suppose Megan earns $600 per week working as an analyst for A-Plus Accountants. She uses $8 to order a mojito cocktail at Little Havana. Little Havana pays Larry $350 per week to wait tables. Larry uses $225 to purchase tax services from A-Plus Accountants. Identify whether each of the following events in this scenario occurs in the factor market or the product market. Event Factor Market Product Market Larry spends $225 to purchase tax services from A-Plus Accountants. Larry earns $350 per week working for Little Havana. Megan spends $8 to order a mojito cocktail.
Which of these transactions take place in the product market?
Answer:
The Factor Market refers to the market where the trade of the factors of production occurs. This means that this market includes the sale and purchase of capital, land and labor.
The Product market on the other hand is where final goods and services are bought and sold.
a. Larry spends $225 to purchase tax services from A-Plus Accountants - Product Market
This is a product market transaction as the services provided are a final service that need nor go through further processing and are sold directly to the customer.
b. Larry earns $350 per week working for Little Havana. - Factor Market
Larry being paid for work Larry did is a factor market transaction because he sold his labor and was compensated for it by Little Havana.
c. Megan spends $8 to order a mojito cocktail. - Product Market
The cocktail is a final product that is consumed by the customer so this is a product market transaction.
Which of the following supports a business strategy that incorporates the key
operational capability of flexibility?
O Utilizing specialized, automated equipment for consistent product buildup
O Using electronic tools to improve customer communications
Having high quality standards for suppliers
O Reducing labor and shelving costs
O Maintaining excess production capability
Business strategy that incorporates the key operational capability of flexibility is utilizing specialized, automated equipment for consistent product buildup.
Thus, the correct option is A.
What is Business strategy?
A business strategy explains the precise methods through which a company intends to position itself, accomplish its short- and long-term objectives, and expand over time.
A plan outlining how a corporation will accomplish its objectives is known as a business strategy. Although there are many distinct business strategies, cost leadership, differentiation, and focus are a few typical examples.
Cost, quality, distribution, technology, and intellectual property are the only five corporate tactics (IP). These five concepts, or a mixture of them, form the basis of all corporate strategy. Focusing your business on just one thing is generally the simplest to implement.
A strategy is essentially just a hypothesis. For a strategy to be effective, the issue that needs to be resolved must be accurately diagnosed, a guiding policy must be established to handle the issue, and a set of cogent actions must be proposed to carry out the policy.
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Briefly describe nine other driving forces that impact the motor vehicle industry most.
Some of the driving forces of the motor vehicle industry include:
Economic conditions. Consumer taste. Governmental regulations. Technological advances. Labor force skill. Supply chain management. International Competition. Political competition. Environmental risks. Which forces affect the motor vehicle industry?Economic conditions affect sales of motor vehicles as well as consumers changing their taste in the type of vehicles they want.
Government regulations such as those relating to environmental risk can also play a big part and political competition amongst nations can lead to supply chain disruption for motor vehicle manufacturers.
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