Answers
The Procurement Process. Search Qualify Negotiate Purchase Order Invoicing Shipping Remittance Payment.
The procurement system includes the coaching and processing of a demand as nicely as the give up receipt and approval of payment. Comprehensively, this can involve purchase planning, standards, specifications determination, provider research, selection, financing, price negotiation, and stock control.
What is fundamental procurement?Procurement is the manner of securing essential items and offerings for the business. There are two major types: direct procurement and indirect procurement. Direct procurement is when groups reap parts or materials that go into their cease products (usually manufactured).
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Which of the following is NOT an example of sales promotion?
Coupons
Telemarketing
Catalogs
Samples
Answers
Answer:samples
Explanation:All of the other answers are indeed marketing but samples are just a way of seeing other people views on whatever your giving samples for
Sales promotion basically mean the process of persuading or enticing some targeted potential customer to buy the company product.
Sales promotional activities are designed to be used as a short-term tactic to boost the company sales on a product.
Sales promotion are used as a method of building long term customer relationship and loyalty.
Below are some sales promotion examples used in boosting product awareness in a targeted location
a. Giving Samples and Coupons
b. Direct marketing of product (Telemarketing)
c.Referral discounts.
d. contests and giveaways
In conclusion, Catalogs is not an example of sales promotion
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importance of constitutional law to Ghana's development
Answers
The importance of constitutional law to Ghana's development is it establishes the structure, procedures, powers and duties of the government, structure of the judiciary and legislature, and spells out the fundamental rights and duties of citizens.
What is constitutional law?It is body of law based on a ratified constitution or similar formative charter dealing with the fundamental principles by which a government exercises its authority. The the body of rules, doctrines, and practices that govern the operation of political communities is known as constitutional law.
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Economists Measure the personal satisfaction someone gets from consuming goods and services with a concept of what
Answers
Websites are hosted on a server and each of these servers has its own unique IP address. What does the 'IP' stand for?
A
Internet Position
B
Internet Placement
C
Internet Privatisation
D
Internet Protocol
Answers
'IP' stand for Internet Protocol.
Internet Position : This is not a general concept. However, it is mainly used by his ISP service. The towers seen in our city work with Internet locations. Mobile phones get better network speeds depending on their internet location.
Internet Placement: This means turning on airplane mode will change your mobile IP. This is why it is published online. This process runs when you turn off your phone.
Internet Privatisation : Simply put, privatization of the Internet starts working when you change your DNS servers. When we are private on the internet with a VPN, we are the privatizer of the internet.
Internet Protocol: This is one of the most important things for every website and Internet user. Anyone who connects to the internet on their device has an IP address. Simply put, an internet-connected device provided a specific IP. The website also has its own IP. Because of this, you can access the Internet.
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What is the difference between final goods and intermediate goods?
Answers
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answers
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
In a job-order costing system, the use of indirect materials that have been previously purchased is recorded as a credit to: a. work in process inventory. b. manufacturing overhead. c. raw materials inventory. d. finished goods inventory.
Answers
Answer:
c. raw materials inventory.
Explanation:
The journal entry to record the indirect material used in the production is given below:
Manufacturing overhead Dr XXXXX
To Raw material XXXXX
(Being the indirect material used is recorded)
Here the manufacturing overhead is debited as it increased the expense while the raw material is credited as it decreased the assets
Therefore the option c is correct
Which of the following should be considered last when searching for financing? Question 1 options: Family members Banks Commercial finance companies Credit cards
Answers
Answer:
Credit cards
Explanation:
A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.
Credit cards should be considered last when searching for financing.
The main sources of finance are; Family members, Banks Commercial and finance companies.
PLEASE HELP!! This is economics/business work. Will give brainliest if correct!!
Answers
You are considering opening a new plant.
• The plant will cost $100 million upfront. After that, it is expected to
produce profits of $30 million at the end of every year. The cash
flows are expected to last forever.
1. Calculate the NPV of this investment opportunity if your cost of
capital is 8%. Should you make the investment?
2. Calculate the IRR and use it to determine the maximum deviation
allowable in the cost of capital estimate to leave the decision
unchanged.
Answers
Answer:
1. $275 million
Yes
2. 30%
Explanation:
Calculation for the NPV of the investment opportunity
NPV = –100 + 30/0.08
NPV= $275 million
Therefore the NPV will be $275 million
Yes, Based on the above Calculation they should make the investment
2. Calculation for IRR
IRR: 0 = –100 + 30/IRR
Hence,
IRR = 30/100
IRR = 30%
Therefore the IRR will be 30%
The IRR is great only in a situation where the cost of capital does not go beyond 30%.
The NPV of the investment is . The investment should be made because it is profitable.
The IRR is 30%. The maximum deviation allowable in the cost of capital estimate to leave the decision unchanged is 30%.
What is the NPV?Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV = -100 + $30 / 0.08 = $275 million.
The NPV is positive. This means the project is profitable.
What is the IRR?Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested.
IRR = -100 + 30 /1RR
100 = 30 / 1RR
IRR = 30 / 100 = 30%
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You and a group of friends are planning to visit a theme park, which charges $60 for admission, $90 for a two-day pass, and $110 for a three-day pass. Your friends are interested in spending a lot of time there, but they’re worried about paying a lot of money. You explain the concept of marginal cost, which helps them see that the additional day is a good value.
The average cost per day of a three-day pass is $_______.
The marginal cost of adding the third day is $_______.
If there are 7 people in your group, the group's marginal cost of switching from the two-day pass to the three-day pass is $________.
Answers
Answer:
The average cost per day of a three-day pass is $36.6
To find the average cost, we simply divide the cost of the three-day pass $110, by the number of days:
$110/3 = $36.6
The marginal cost of adding the third day is $20
The marginal cost is the additional cost incurred when adding the third day. We can find it by substracting the cost of the two-day pass from the cost of the three-day pass:
$110 - $90 = $20
If there are 7 people in your group, the group's marginal cost of switching from the two-day pass to the three-day pass is $140
If we assume that the values in the question are per person, then the answer is: $140
$110 * 7 = $770
$90 * 7 = $630
$770 - $630 = $140
What scenario shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor?
A Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.
B You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.
C You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.
D You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.
Answers
The scenario that shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor is option D: You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.
In this scenario, the investor has already experienced a significant gain by hitting a big jackpot in Las Vegas. However, investing the entire amount back into another game with the intention of doubling the return poses a high level of risk. The law of diminishing returns suggests that as an investment or activity continues, the incremental return or benefit diminishes over time. By putting all the winnings back into another game, the investor is exposing themselves to unnecessary risk. Instead, it would be wiser to consider diversifying the investment portfolio, preserving a portion of the winnings, and adopting a more conservative approach. This helps to protect the gained wealth and potentially generate more stable, sustainable returns in the long run. Hence the correct answer in Option D. you just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.
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Aperol Industries started their business on January 1st. On the first day of operations, they purchased three machines. These machines all had varying costs, useful lives, and residual values. They are forecasting their fixed asset book values and depreciation expense. They have provided the dashboard below. The first line chart demonstrates the book value of each asset as of the end of each year, while the second line chart demonstrates the total depreciation expense expected to be recorded in the income statement each year. Aperol Industries employs straight-line depreciation on all of their assets.
Answers
Depreciation expense of Machine A =$ 80,000, Depreciation expense of Machine B = $50,000, Depreciation expense of Machine C = $30,00, Total depreciation for first year = $160,000, Total depreciation for Second year = $160,000, Total depreciation for Third year = $80,000, Total depreciation for fourth year = $50,000.
What is the solution of the question?The values provided in the question are as follows :
Machine A = $170,000
Machine B = $250,000
Machine C = $ 90,000
According to the first line chart,
The useful life of these three machine are as follows:
Machine A = 4 years
Machine B = 2 years.
Machine C = 3 years.
Residual value :
Machine A = 450,000
Machine B = $10,000
Machine C = $ 0
Calculation of depreciation expenses as follows:
The formula to calculate annual deprecation is as follows:
Annual depreciation ( Macine A)=( Cost of machine − Residual value ) / Expexcted useful life.=$170,000−$10,0002=$80,000
Annual depreciation (Machine B ) =( Cost of machine − Residual value ) / Expected useful life.=$250,000−$50,0004=$50,000
Annual depreciation (Machine C)=(Cost of machine − Residual value )/ Expected useful life.=$90,000−$03=$30,000
Dr Depreciation Expense - $50,000
Cr Accumulated Depreciation - $50,000
(To record depreciation expense of Machine B )
Thus, the depreciation of all the years is written above.
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Find a false statement on bond duration. Multiple choice question. With time to maturity and yield to maturity held constant, a bond's duration and interest rate sensitivity are higher when the coupon rate is lower. With other factors held constant, the duration of a coupon bond is higher when the bond's yield to maturity is higher. Duration always increases with maturity for a premium bond. The duration of a zero-coupon bond equals its time to maturity.
Answers
Answer:
✓With time to maturity and yield to maturity held constant, a bond's duration and interest rate sensitivity are higher when the coupon rate is lower.
✓The duration of a zero-coupon bond equals its time to maturity.
✓Duration always increases with maturity for a premium bond.
Explanation:
Bond duration in finance can be regarded as a way used in measuring
the likelyhood or how much the prices of bond to change when and there is a movement in interest rates. It can be defined as the measurement of the risk interest rate. With Understanding about bond duration, it will be easier for investors to determine how bonds can fit in to investment portfolio. It should be noted that With other factors held constant, the duration of a coupon bond is higher when the bond's yield to maturity is higher.
What was the commission system?
Answers
An elected commission system, often made up of three, five, or seven commissioners, is in charge of administering commission. Each commissioner is also in charge of a department or departments.
However, the council-manager system has replaced the commission system in the majority of cities. In a city commission, a small governing body known as a commission with both legislative and executive authority to run the municipality is composed of independently elected officials system. There are a certain number of members on the commission, typically five or seven. A type of variable-pay compensation for goods or services sold are commissions. Salespeople are frequently encouraged and rewarded with commissions.
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True or False: Restaurants rarely adjust the amount they purchase of items
Answers
Answer:
false
Explanation:
because in a restaurant you suppose to have a monthly plan
Answer:
B .. false
Explanation:
-At which point are you producing all running shoe
inserts and no hiking boot inserts?
-Which production point would be a goal for the future
but cannot be attained now?
Answer is A,X
Answers
Answer:
the guy above is right trust me (kid in all cp classes)
Explanation:
but yea he is correct
On December 31, 2020, Brisbane Company had 100,000 shares of common stock outstanding and 32,000 shares of 7%, $50 par, cumulative preferred stock outstanding. On February 28, 2021, Brisbane purchased 26,000 shares of common stock on the open market as treasury stock paying $42 per share. Brisbane sold 6,200 treasury shares on September 30, 2021, for $47 per share. Net income for 2021 was $182,905. Also outstanding during the year were fully vested incentive stock options giving key officers the option to buy 52,000 common shares at $42. The market price of the common shares averaged $52 during 2021.
Required:
Compute Brisbane's basic and diluted earnings per share for 2021. (Round your answers to 2 decimal places.)
Answers
Answer and Explanation:
The computation of the basic and diluted earning per share is given below:
For Basic EPS
Given that
Income for 2016 = 182,905
Income after 7% dividend on cumulatie peference share is
= 182,905 - ( 7% × 1,600,000)
= $ 70,905
And,
Outstanding shares is
= 100,000 - (26,000 × 10 ÷ 12) + ( 6,200 × 3 ÷12 )
= 79,884
So,
Basic earning per share is
= $70,905 ÷ 79,884
= $0.89 per share
For Diluted EPS
Outstanding shares is
= 79,884 + 10,000
= 89,884
So,
Diluted EPS is
= $70,905 ÷ 89,884
= $0.79 per share
Working note
Option to be exercised = 52,000 shares
So,
shares to be bought back with proceeds = (52,000 × 42) ÷ 52 = 42,000 shares
so difference should be of 10,000 shares
Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
Answers
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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What other reasons do we have for sampling method?
Answers
Reduce time, It takes time to reach out to everyone in a population is other reasons for sampling method
What does the method of sampling serve as?To be representative so that researchers can draw conclusions about the wider community, sampling method aims to mimic a larger population on qualities relevant to the study subject.Cost savings: Obtaining data for a chosen subset of a population is clearly less expensive than doing it for the complete population. Furthermore, data obtained from a properly chosen sample provides a very accurate representation of the entire population.This is so that researchers may utilise sampling toReduce time. It takes time to reach out to everyone in a population. The cost of a study is directly correlated with the number of persons a researcher contacts.... Collect Richer Data.... Academic Research.... Market Research.... Public Polling.... User Testing.To learn more about sampling method refer to:
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8. Primary data is high cost and time consuming. (1 Point) O True O False
Answers
Answer:
True
Explanation:
Primary data is the information collected for the first time by a researcher. It is precisely for a particular study. The researcher uses interviews, surveys, or experiments to collect the data. It means the researcher or his representative has to go to the field to gather the required information.
Fieldwork is time-consuming and costly. Money is needed to meet logistics expenses and the cost of data collecting techniques such as questionnaires and recording devices. The researcher may need to engage assistants who have to be paid.
Jack owns and manages a department store in Small town Despite a mall being built outside of town and its proximity to large towns Jack's business has thrived for 35 yearsJack knows his customers and treats them like familyHe insists that his employees keep customers happy and allows them the flexibility to make judgment calls Within the three-part marketing concept Jack has focused on a
A. Outcomes
B. Profit
C. Seller
D. Service
Answers
D. Service
Explanation:
Because if Jack wants to keep his customers happy and treat them like family then that means he is focused on the service of his department store.
Within the three-part marketing concept, Jack has focused on a Service, option(D) is correct.
What are services?The term services state that the company or any industry is willing to pay the customer there are different services there like as we see in the showroom they have provided the car service to the customer by their services the customer is more added to the company and have the trustworthy to their company.
As the above term, Jack owns a business, and in the business providing the best services can make the customer happy and make more grow in business in it in the business the service plays an important role in it and make a bigger profit from it. As service is good in it, the more customer will be added to the business. Growing the business, and the work plays a significant role in it.
Therefore, option (D) is correct.
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Question 4 of 10
During a depression or recession, which of the following is most likely to
happen to interest rates?
A. Interest rates will likely decrease as the Federal Reserve Board
increases inflation rates.
O B. The Federal Reserve Board will likely lower interest rates.
O C. Interest rates will likely rise as the Federal Reserve board
decreases inflation rates.
O D. The Federal Reserve Board will likely raise interest rates.
SUBMIT
Answers
B.The federal reserve board will likely lower interest rates
Explanation:
pa brainliest po ako png taga sagot ng mga new question
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
Answers
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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nadal, incorporated owes wozniaki company $13,760 as of april 1. during april, nadal, incorporated purchased $14,370 of merchandise from wozniaki company and made payments on account to wozniaki company totaling $10,060. the amount nadal, incorporated owes wozniaki company on april 30 is: multiple choice $18,070 $10,060 $13,760 $9,450
Answers
The amount Nadal incorporated owes Wozniacki company on April 30 is $18,070. Option A.
Wozniacki, who won her first Grand Slam title at the Australian Open in January, also said she hopes to use her strong late-season momentum in Singapore next week to secure her second consecutive WTA Finals title.
Both quantity and number are used to talk about quantity, but each word is used in a different way. the number is used with plural nouns. Few cars A definite number of people. the amount is used with uncountable nouns. Little traffic and Some confidence. she hopes to use her strong late-season momentum.
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In which of the following situations would you sell/serve an alcoholic beverage?
Answers
A gentleman walks up to the counter with a bottle of whiskey, you watched him walk through the store, he answers your questions directly and clearly, you do not smell alcohol on his breath and his eyes are clear. then, we will sell/serve an alcoholic beverage.
what is beverage?
Beverages are any liquids that can slake a thirst. Drinks may be any form of liquid.
Water is a liquid that we always consume. Beverage products include things such as water, tea, coffee, milk, juice, beer, and any other type of beverages. Actually, the term "beverage" refers to any liquid product.
Beverage is a noun, not a verb. Beverage might be hot and frothy or include alcohol, and it can be used for anything you can drink, but sometimes it's more commonly associated with certain types of beverages, like soft drinks.
In restaurants, bars, and stores, the word beverage is used in place of the word "drink."
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All of the following statements regarding the career agency distribution system are correct except
Answers
All of the aforementioned statements regarding the career agency distribution system are correct except: Personal producing general agents (PPGAs) are commonly hired to manage career agencies.
What is an agency?An agency can be defined as the ability of an individual to identify valued goals, priorities and desired outcomes, so as to enhance the purposeful pursuit of those goals and desired outcomes proactively, efficiently and effectively.
What is a career agency distribution system?A career agency distribution system can be defined as a type of distribution system that typically involves an insurance company making use of its own commissioned agents, in order to sell and deliver insurance policies.
In conclusion, a career agency distribution system is the most common system that is used for distributing individual life insurance products.
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Complete Question:
All of the following statements regarding the career agency distribution system are correct EXCEPT:
It uses agents who primarily if not exclusively represent one insurer.
Personal producing general agents (PPGAs) are commonly hired to manage career agencies.
There are two types, the general agency system and the managerial system.
The managerial form of career agency system uses company employees as the agency managers.
According to the box “Making Ethical Decisions: Loyalty or Profitability?," a firm must give its employees __________ before closing and/or moving to another location
Answers
"Making Ethical Decisions: Loyalty or Profitability?" requires a firm to give its employees at least a notice period of 60 days before it can close shop or move to another location.
This requirement enables the employees to get prepared for the effects of the action on their employment status or relocation decisions.Typically, firms give the following reasons for making a relocation decision:
to reach new marketsto upgrade facilities or equipmentto lower costs or increase cash flowto start another line of business not suitable in the present locationto consider the quality of life of its employees.Thus, no matter the reason for closing or moving to another location, the firm should endeavor to give 60 days' notice to its employees.
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Determine FOUR potential threats in the broad environment that the Marriott Bonvoy All-Inclusive Resort Barbados could consider in developing its strategy
Answers
Economic threats, such as changes in inflation, interest rates, and exchange rates that could impact the resort's revenue and operational costs.
The Marriott Bonvoy All-Inclusive Resort Barbados could face several potential threats in the broad environment that it should consider when developing its strategy. Technological threats, including the need to keep up with evolving technologies and online booking platforms that can impact customer relationships. Social threats, such as changing attitudes towards sustainability and eco-friendliness that can impact the resort's reputation and customer loyalty. Finally, political threats such as changes in government policies and regulations, including tax policies and labor laws, that can impact the resort's operations and profitability. To mitigate these threats, the resort could diversify its revenue streams, invest in technological infrastructure, adopt sustainable practices, and maintain positive relationships with the government.
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can a 70-year-old father be claimed as a dependent by his son on his taxes.
.
Answers
No, a 70-year-old father cannot be claimed as a dependent by his son on his taxes. To be eligible to be claimed as a dependent on someone else's taxes, the person must be a qualifying child or a qualifying relative. The person must meet certain criteria, including:
Must be a U.S. citizen, U.S. resident alien, U.S. national, or a resident of Canada or Mexico.
Must not have provided more than half of their own support during the tax year.
Must not have earned more than the applicable dependency exemption amount, which for 2021 is $4,000.
Must not be claimed as a dependent by someone else.
A 70-year-old father is not considered a qualifying child and may or may not meet the criteria to be considered a qualifying relative, but since he is not a qualifying child, he cannot be claimed as a dependent by his son on his taxes.