The ultimate goal of operations management is to provide high-quality goods and services instantaneously in response to customer demand. Over the years, low cost often came at the expense of quality and flexibility. Furthermore, suppliers didn't always deliver when they said they would, so manufacturers had to carry large inventories of raw materials and components to keep producing. Such inefficiencies made U.S. companies vulnerable to foreign competitors who were using more advanced production techniques As a result of new global competition, companies have had to make a wide variety of high-quality custom-designed products at a very low cost. Something had to change on the production floor to make that possible. Several major developments have made U.S.companies more competitive:
(1) computer-aided design and manufacturing
(2) flexible manufacturing,
(3) lean manufacturing, and
(4) mass customization,
(5) CAD
(6) CAM
Match the company or role with the most appropriate manufacturing technique.
Dress designer: In addition to helping in the design of products, the use of this system allows designers to work in three dimensions
Shoe designer: The manufacturer programs the computer to make a simple design change, and then that change is readily Incorporated into production
Purse designer: Software programs unite these two computer-aided support systems. While the software is expensive, it cuts as much as 80 percent of the time needed to program machines to make parts.
Motor starters: Orders come in daily and, within 24 hours, the company's machines and robots manufacture, test, and package the starters-which are untouched by human hands. This system is so efficient it can even accommodate a special order (even a single item) in the assembly without slowing down the process.
Toyota corporation: This company utilizes the strategy of using half the human effort, halving the defects in the finished product, using one-third of the normal engineering effort, using half the floor space, and carrying 90 percent less inventory
Dell computers: Dell has set up its manufacturing process so that all its computers can be quickly assembled to individual customer orders.
Answers
Answer:
1. Dress designer: In addition to helping in the design of products, the use of this system allows designers to work in three dimensions
(5) CAD
2. Shoe designer: The manufacturer programs the computer to make a simple design change, and then that change is readily Incorporated into production (6) (CAM)
3. Purse designer: Software programs unite these two computer-aided support systems. While the software is expensive, it cuts as much as 80 percent of the time needed to program machines to make parts. (1) computer-aided design and manufacturing also known as CIM(Computer integrated manufacturing)
4. Motor starters: Orders come in daily and, within 24 hours, the company's machines and robots manufacture, test, and package the starters-which are untouched by human hands. This system is so efficient it can even accommodate a special order (even a single item) in the assembly without slowing down the process. (2) flexible manufacturing
5.Toyota corporation: This company utilizes the strategy of using half the human effort, halving the defects in the finished product, using one-third of the normal engineering effort, using half the floor space, and carrying 90 percent less inventory (3) lean manufacturing
6. Dell computers: Dell has set up its manufacturing process so that all its computers can be quickly assembled to individual customer orders. (4) mass customization
Explanation:
1. Computer-aided design and manufacturing or CIM: This is the use of computer software that combines the benefits of CAM and CAD.
(2) Flexible manufacturing: This refers to the use of machines that can be easily adapted to accommodate changes in the needs of customers or the manufacturer.
(3) Lean manufacturing: is based on the principle of accomplishing a lot of tasks with little manpower and efforts.
(4) Mass customization: is the act of manufacturing products that are suited to the wants and needs of customers in large quantities.
(5) CAD: Computer-aided design is needed for the design of products.
(6) CAM: This refers to the use of computer software to control the manufacturing process.
The given role or the companies would most adequately be linked to the technique of manufacturing would be as follows:
1) computer-aided design and manufacturing - 3. Purse designer
2) Flexible manufacturing - 4. Motor starters
3) lean manufacturing, - 5. Toyota corporation
4). mass customization, - 6. Dell computers
5). CAD - 1. Dress designer
6). CAM - 2. Shoe designer
Manufacturing TechniquesManufacturing techniques are characterized as the variety of processes that have been employed to develop or generate the product.
In the given question, a number of techniques have been referred to like Mass Customization, CAM, Computer-aided manufacturing, etc.
The companies working on technically advanced domains like designing would require the aid or involvement of computers to make their manufacturing process convenient and precise.
While the Starters company or Corporations would require flexible or lean manufacturing to ensure the accomplishment of desired tasks efficiently.
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Related Questions
Solutions Company - Unadjusted Trial Balance as of December 31.
Account Titles
Unadjusted Trial Balance Dr. Unadjusted Trial Balance Cr.
100: Cash 20,000
110: Accounts Receivable 0
120: Supplies 7,600
160: Machinery 50,000
161: Accumulated Depreciation 20,000
200: Accounts Payable 0
205: Interest Payable 0
210: Wages Payable 0
230: Unearned Rental Fees 7,200
240: Note Payable 30,000
300: Common Stock 10,000
310: Dividends 9,500
320: Retained Earnings 14,200
400: Rental Fees 32,450
600: Wage Expense 24,500
610: Interest Expense 2,250
620: Supplies Expense 0
630: Depreciation Expense 0
113,850 113,850
Totals
Requirement:
Prepare year-end adjusting journal entries for each of these separate situations.
As of December 31, employees had earned $400 of unpaid and unrecorded wages. The next payday is January 4 at which time $1,200 in wages will be paid.
The cost of supplies still available at December 31 is $3,450.
The notes payable requires an interest payment to be made every three months. The next payment occurs after the new year begins. The amount of unrecorded accrued interest at December 31 is $800.
Analysis of the unearned rental fees shows that $3,200 remains unearned at December 31.
In addition to the machinery rental fees included in the revenue account balance, the company has earned another $2,450 in unrecorded fee that will be collected on January 31 of next year.
Depreciation expense for the year is $3,800.
Answers
The Preparing Adjusted Trial Balance with the help of Worksheet: is given below:
The Adjusted Trial BalanceSolutions Company
Worksheet
December 31
Accounts Unadjusted Trial Balance Adjusting Entries Adjusted Trial Balance
Debit Credit Debit Credit Debit Credit
Cash $20,000 $20,000
Accounts Receivable 0 $2,450 2,450
Supplies 7,600 $4,150 3,450
Machinery 50,000 50,000
Accumulated Depreciation $20,000 3,800 $23,800
Accounts Payable 0 0
Interest Payable 0 800 800
Salaries Payable 0 400 400
Unearned Rental Fees 7,200 4,000 3,200
Note Payable 30,000 30,000
Common Stock 10,000 10,000
Dividends 9,500 9,500
Retained Earnings 14,200 14,200
Rental Fees 32,450 6,450 38,900
Salaries Expense 24,500 400 24,900
Interest Expense 2,250 800 3,050
Supplies Expense 0 4,150 4,150
Depreciation Expense 0 3,800 3,800
Totals $113,850 $113,850 $15,600 $15,600 $121,300 $121,300
Preparing Income Statement:-
Solutions Company
Income Statement
For the Year Ended December 31
Accounts Amount Amount
Revenue:-
Rental Fees $38,900
Total Revenue $38,900
Expenses:-
Salaries Expense $24,900
Interest Expense 3,050
Supplies Expense 4,150
Depreciation Expense 3,800
Total Expenses ($35,900)
Net Income $3,000
Preparing Statement of Retained Earnings:-
Solutions Company
Statement of Retained Earnings
For the Year Ended December 31
Accounts Amount
Retained Earnings 14,200
Net Income 3,000
$17,200
Dividends (9,500)
Retained Earnings, Ending $7,700
Preparing Balance Sheet:-
Solutions Company
Balance Sheet
December 31
Accounts Amount Amount
Assets:-
Cash $20,000
Accounts Receivable 2,450
Supplies 3,450
Machinery 50,000
Accumulated Depreciation (23,800)
Total Assets $52,100
Liabilities:-
Accounts Payable $0
Interest Payable 800
Salaries Payable 400
Unearned Rental Fees 3,200
Note Payable 30,000
Total Liabilities $34,400
Stockholders Equity:-
Common Stock $10,000
Retained Earnings, Ending 7,700
Total Stockholders Equity $17,700
Total Liabilities and Stockholders Equity $52,100
Preparing Closing Entries:-
Solutions Company
General Journal
December 31
Date Accounts Title and Explanation Debit Credit
December 31 Rental Fees $38,900
Income Summary $38,900
(To close Revenue Account)
December 31 Income Summary $35,900
Salaries Expense $24,900
Interest Expense $3,050
Supplies Expense $4,150
Depreciation Expense $3,800
(To close Expenses Accounts)
December 31 Income Summary $3,000
Retained Earnings $3,000
(To close Income Summary)
December 31 Retained Earnings $9,500
Dividends $9,500
(To close Dividends Account)
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Hector spends his time at work communicating with his team, planning, preparing, and serving. In which sector does Hector most likely work?
Recreation, Amusements & Attractions
Lodging
Restaurant and Food & Beverage
Travel & Tourism
Answers
Explanation:
companies and buisness
5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answers
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
Most people who are financially success ful have a _____for their
work.
Answers
Most people who are financially successful have a passion for their work.
People who are passionate about what they do are more inclined to do it well and to keep getting better. Greater productivity, creativity, and innovation may result from this, and ultimately, successful business operations may follow.
Successful people financially are always learning and studying. Your earning potential is based on your abilities and skills. It is crucial to pick a career you are passionate about in order to work at it with drive. Although your career path is crucial, it is your passion that will help you succeed.
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Principles of Investment
Assignment Active
Monetary Policy and Investments
Juan is always researching different investment options.
A few weeks ago he noticed some nice homes for sale in
his neighborhood. The listed prices were below market
value. Today on the news he heard that the Federal
Reserve lowered interest rates for banks and that banks
have lowered interest rates for home mortgages in turn.
As a result, there has been a huge boom in the number of
people purchasing homes.
What is most likely to happen as a result of the
change in interest rates?
O Housing prices will go up and down due to
changing fiscal policy.
O The market will experience more demand and the
price of houses will go up.
O The price of houses will go down in response to the
decreased demand.
O The prices for homes in that area will be stable due
to the new monetary policy.
4
Answers
As a result of the decrease in interest rates, Option B. The market will experience more demand, and the price of houses will go up.
The demand for houses will go up and housing prices will increase, causing individuals who were on the fence about buying a house to act swiftly before prices rise too much. As a result, housing sales are expected to surge. Lower interest rates, on the other hand, are often linked to increased borrowing and spending in the economy. Because borrowing money is now less expensive, more people are more willing to do so and the money supply in circulation rises.
The decrease in interest rates could cause more individuals to be more willing to purchase a home due to lower interest rates and more affordable mortgage payments. Lowering interest rates for banks and home mortgages, as well as lowering the cost of borrowing, encourages more people to buy houses, resulting in a greater demand for homes and, in turn, driving up the prices of homes.
As a result, option B is correct: the market will experience more demand, and the price of houses will go up. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood. The listed prices were below market value. Today on the news he heard that the Federal Reserve lowered interest rates for banks and that banks have lowered interest rates for home mortgages in turn. As a result, there has been a huge boom in the number of people purchasing homes. What is most likely to happen as a result of the change in interest rates?
A. Housing prices will go up and down due to changing fiscal policy.
B. The market will experience more demand and the price of houses will go up.
C. The price of houses will go down in response to the decreased demand.
D. The prices for homes in that area will be stable due to the new monetary policy.
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What kind of risks can exist in a business?
Answers
Answer:
Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.
Explanation:
What are the specific characteristics that define the private enterprise system? How does this type of system encourage innovation? Provide an example that helps to illustrate this and explain.
Answers
if the CEO of beautify wanted to develop a new line of skin care products specifically for people with sensitive skin, she might appoint a
Answers
Answer: companies
Explanation: because she has a beautiful work job
If the CEO of Beautify wanted to develop a new line of skincare products specifically for people with sensitive skin, she might appoint a product development team or a specialized research and development (R&D) team to oversee the process.
Appointing a product development team or an R&D team would be a suitable approach for developing skincare products tailored to individuals with sensitive skin. This team would typically consist of experts in the field, including cosmetic chemists, dermatologists, and skincare specialists. Their role would involve conducting research, analyzing market trends, formulating product ingredients, and testing the efficacy and safety of the skincare line.
By assembling a dedicated team, the CEO can ensure that the specific needs and concerns of people with sensitive skin are addressed throughout the product development lifecycle. This team would focus on creating formulations that are gentle, hypoallergenic, and free from potentially irritating ingredients. They would also conduct thorough testing to validate the effectiveness and compatibility of the products with sensitive skin.
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Balance Sheet October 31 Assets Cash $ 36,500 Accounts receivable 87,000 Merchandise inventory 195,300 Property, plant and equipment, net of $624,000 accumulated depreciation 925,000 Total assets $ 1,243,800 Liabilities and Stockholders' Equity Accounts payable $ 259,000 Common stock 760,000 Retained earnings 224,800 Total liabilities and stockholders' equity $ 1,243,800 Q: What is the cost of December merchandise purchases
Answers
Answer:
so hard so hard i cant do this omgod so hard thos is your mom can answer this lol its funny
make this simple and not hard i cant answer this
Jacob works as a salesperson at a cosmetics showroom. The other day, Jacob worked with a customer who was checking out a product. Jacob,
sensing the customer's interest in the product, mentioned a gift that comes with the product. This information motivated the customer to make
the purchase. Which closing technlque did Jacob use in this scenario?
OA. opinions count close
OB. assumptlve close
OC. something for nothing close
OD. Impending event close
OE. Sollciting
tions close
Answers
Answer:
C. something for nothing close
Explanation:
The something for nothing closing strategy means adding something additional for free. In this case, Jacob was able to close the sale because he offered a free gift to the customer. Of course nothing is free, the cost of the gift is included in the price of the cosmetic, but the customer will evaluate the situation with the free gift or without the free gift.
Answer:
c) something for nothing close
Explanation:
A company uses the weighted average method for inventory costing. During a period, Department B finished and transferred 62,000 units to Department C. Also in Department B during the period, 16,000 units were started but brought only to a stage of being 60% completed. The number of equivalent units produced by Department B during the period was:_____.a. 60,000 units.
b. 55,000 units.
c. 62,500 units.
d. 67,500 units.
e. 47,500 units.
Answers
Answer:
Total Equivalent units of production= 71,600 units
Explanation:
The weighted average method blends the costs and units of the previous period with the costs and units of the current period.
Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production
Equivalent units of production:
Units completed in the period= 62,000
Equivalent units in ending inventory WIP= (16,000*0.6)= 9,600
Total Equivalent units of production= 71,600 units
How has the pandemic disrupted the global supply chain?
Answers
There is a unsufficient amount of distribution happening because of the pandemic and people calling in sick so they can not work
Explanation:
If some one has civil they are ordered to stay in Quarantine for some time including the people they made contact with. so if you are at a work place and you where around all the staff they will shut down the place therfore no work is done
Keisha took the report her colleague had written, changed the author's name to her own, and presented it to the company's chief executive. Keisha's human resources director found out what she did and told Keisha she wanted to talk to her about an ethical violation she committed. What is the director most likely going to say to Keisha?
Question 1 options:
You shared a trade secret without permission.
You plagiarized someone else's work.
You used website analytics illegally.
You posted inappropriate comments.
Answers
The director most likely going to say to Keisha that you plagiarized someone else's work.
What is plagiarism?The false depiction of another person's words, ideas, or expressions as one's own unique work is known as plagiarism.
Although specific definitions differ depending on the institution, such depictions are typically viewed as a violation of journalistic ethics, academic integrity, and societal standards of learning, teaching, and research in many cultures.
Sanctions for it include fines, suspensions, expulsions from school or the workplace, jail time, and even hefty fines.
Although plagiarism is often not considered a crime in in of itself, like counterfeiting, it is still subject to legal sanctions for prejudices brought about by copyright violations, violations of moral rights, or torts. It is a significant ethical violation both in academia and in business.
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To what extent do you consider that paperwork will be replaced in offices by data communicated via computer within the next twenty years? What effect may this have on internal communication? Discss
Answers
Paperwork is likely to be largely replaced by data communicated via computer in offices within the next twenty years.
This shift will have a significant impact on internal communication, making it faster, more efficient, and easier. However, it may also lead to concerns about data security and privacy, as well as a potential loss of face-to-face interaction and social cohesion within the workplace.
What is data security?
Data security refers to the protection of digital data and information from unauthorized access, use, disclosure, modification, or destruction. It involves implementing measures and controls to ensure the confidentiality, integrity, and availability of data, as well as protecting against data breaches, cyber attacks, and other forms of malicious or accidental data loss.
Data security is critical in protecting sensitive and confidential information such as personal and financial data, intellectual property, and trade secrets, and is essential for maintaining the trust of customers, partners, and stakeholders.
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3.2.2 division of profits
Answers
The division of profits in a partnership happens based on a ratio that the partners agree to which is usually based on capital contribution.
How are profits divided in a partnership?In partnerships, the profit is divided according to a certain ratio that the partners would have agreed to in writing when they joined the partnership.
This ratio would often be based on the amount of capital that each partner brought to the firm. For instance, if Partner X gets 60% of the profits and Partner Y gets 40%, it most likely means that Partner X put up 60% of the capital.
Question is:
How are profits divided in a partnership?
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In a(n) ________, an individual or firm contracts with a parent company to set up a business or retail outlet.
Answers
There are different kinds of businesses. In a franchise system. an individual or firm contracts with a parent company to set up a business or retail outlet.
Franchising is simply known to be a type of contractual system. It is often used to commercialize products, services or technology.
There are five major types of franchises. They are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.
A franchise (or franchising) is simply known as a process of sharing products or services involving a franchisor, who establishes the trademark of the brand of a business system, and a franchisee, who is responsible for paying a royalty under the franchisor's name and system.
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Outline and describe the different forms of Communication and further explain how they are important in an organization. Provide practical example to support your discussion.
Answers
La comunicación desempeña un papel fundamental en el funcionamiento de una organización, ya que permite la transmisión de información, ideas, instrucciones y retroalimentación entre los miembros del equipo. Existen varias formas de comunicación que se utilizan en un entorno organizacional. A continuación, describiré algunas de las formas más comunes:
Comunicación verbal: Es el uso de palabras habladas para transmitir información. Puede ser en forma de reuniones, conversaciones cara a cara, llamadas telefónicas o videoconferencias. La comunicación verbal es rápida y permite una interacción directa entre las personas, lo que facilita la clarificación de dudas y la resolución de problemas en tiempo real. Por ejemplo, durante una reunión de equipo, los miembros pueden discutir ideas, compartir actualizaciones y tomar decisiones conjuntas.
Comunicación escrita: Implica el uso de palabras escritas para transmitir información. Esto incluye correos electrónicos, mensajes de texto, informes, memorandos y documentos formales. La comunicación escrita es útil cuando se requiere un registro permanente de la información y proporciona la oportunidad de revisar y editar antes de enviar el mensaje. Por ejemplo, un gerente puede enviar un correo electrónico detallando las metas y objetivos del proyecto a su equipo para asegurarse de que todos estén al tanto de las expectativas.
Comunicación no verbal: Se refiere a la transmisión de información sin el uso de palabras. Incluye gestos, expresiones faciales, lenguaje corporal y tono de voz. A menudo, la comunicación no verbal puede transmitir emociones y actitudes que pueden complementar o contradecir el mensaje verbal. Por ejemplo, durante una presentación, el lenguaje corporal de un orador puede transmitir confianza y entusiasmo, lo que refuerza su mensaje.
Comunicación formal: Se lleva a cabo a través de canales oficiales y estructurados dentro de la organización. Esto incluye comunicaciones descendentes, como anuncios y políticas de la gerencia hacia los empleados, así como comunicaciones ascendentes, como informes de estado y retroalimentación de los empleados hacia los superiores. La comunicación formal es importante para establecer líneas claras de autoridad y responsabilidad, así como para garantizar la coherencia en la información transmitida.
Comunicación informal: Se produce a través de interacciones sociales no estructuradas entre los miembros de la organización. Esto puede incluir conversaciones informales en el lugar de trabajo, interacciones en las pausas para el café o discusiones en grupos de chat en línea. La comunicación informal es valiosa para fomentar la camaradería, construir relaciones y facilitar el intercambio de ideas no convencionales. Por ejemplo, en un entorno de trabajo abierto, los empleados pueden compartir ideas innovadoras durante una conversación informal en la sala de descanso.
La importancia de estas formas de comunicación en una organización radica en que permiten la colaboración efectiva, la toma de decisiones informada, la resolución de problemas, la coordinación de tareas y la creación de un ambiente de trabajo positivo. Una comunicación clara y efectiva evita malentendidos, reduce los errores, mejora la productividad y fortalece la cohesión del equipo.
Un ejemplo práctico podría ser una empresa de desarrollo de software. En este caso, la comunicación verbal sería esencial para que los miembros del equipo discutan los requisitos del proyecto, compartan actualizaciones diarias y resuelvan problemas en las reuniones diarias de puesta al día (stand-up meetings). La comunicación escrita sería crucial para documentar los requisitos, especificaciones técnicas y cronogramas del proyecto, así como para enviar correos electrónicos y mensajes de chat con actualizaciones y solicitudes de retroalimentación. La comunicación no verbal también tendría un papel importante, ya que el lenguaje corporal y las expresiones faciales en las reuniones ayudarían a transmitir confianza y apoyo entre los miembros del equipo. En cuanto a la comunicación formal, se utilizarían informes de estado y presentaciones formales para mantener a la alta dirección informada sobre el progreso del proyecto. Por último, la comunicación informal se daría en momentos de descanso, donde los empleados podrían discutir ideas, plantear desafíos y fomentar la creatividad en un ambiente más relajado
Answer:
There are several different forms of communication that are important in an organization. These include:
1. Verbal communication: This is the use of spoken words to convey a message. Verbal communication is important in an organization because it allows employees to communicate with each other and with customers. For example, a salesperson might use verbal communication to explain the features of a product to a customer. Another example is a team meeting where employees discuss project updates and share ideas.
2. Nonverbal communication: This is the use of body language, gestures, and facial expressions to convey a message. Nonverbal communication is important in an organization because it can convey emotions, attitudes, and intentions. For example, a manager might use nonverbal communication to show approval or disapproval of an employee's performance. Another example is a job interview where the interviewer might use nonverbal communication to assess the candidate's confidence and professionalism.
3. Written communication: This is the use of written words to convey a message. Written communication is important in an organization because it provides a permanent record of communication. For example, an email can be used to communicate project updates, deadlines, and other important information. Another example is a report that summarizes the results of a project.
4. Visual communication: This is the use of images, graphs, and other visual aids to convey a message. Visual communication is important in an organization because it can help to simplify complex information and make it easier to understand. For example, a chart can be used to show sales trends over time. Another example is a video that demonstrates how to use a product.
All of these forms of communication are important in an organization because they allow employees to share information, ideas, and feedback. Effective communication can also help to build trust and relationships between employees, customers, and partners. For example, if a customer has a positive experience with a salesperson, they are more likely to return to the organization in the future.
A practical example of the importance of communication in an organization is a team project. Effective communication is essential for the success of the project. Team members need to be able to communicate their ideas, concerns, and progress to each other in order to stay on track and meet deadlines. This might involve verbal communication in team meetings, written communication in project reports, and visual communication in presentations. Without effective communication, the project is likely to fail.
Robyn was a lawyer for the Department of State who has been disbarred for ethical lapses including dishonesty and interfering with investigations.
After losing his license to practice law, he was fired from the State Department. What MOST likely must Robyn do now?
A. Appeal his case to the American Bar Association.
B. Find a new career outside the legal profession.
C. Wait a year and reapply for his license.
D. Take his case to an appeals court.
Answers
The most likely thing for Robyn to do is B. Find a new career outside the legal profession.
Why does Robyn need to leave the legal profession ?Since he has lost his license to practice law, he would not be able to continue working as a lawyer or in any other legal capacity. In addition, his firing from the State Department would likely make it difficult for him to find employment in a related government agency.
Therefore, the most realistic option for Robyn would be to seek employment in a different field or industry. Appealing his case to the American Bar Association or taking his case to an appeals court would likely not be fruitful options, as his disbarment and firing from the State Department suggest that his ethical lapses were significant and serious.
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Which of the following is true? O You should plan to do difficult tasks during your least productive hours. O You can learn from failures. O Your supervisor will always take time to recognize your achievements. O You should initially plan your schedule assuming that everything will go as planned.
Answers
The statement "you can learn from failures" is true.
A statement is true if it applies to the correct or right aspect or information. This is to say that a statement can be accepted or regarded as true if it applies to a certain way of things.
Among the given statements, the point about learning from one's mistakes is true. This is because it is an accepted notion or belief that mistakes make us learn lessons and then change accordingly. For instance, buying things online can be easy but if fake products are delivered, we learn not to trust that buyer for the next purchase. Statement 1 is wrong as there is no specific rule of when to plan difficult tasks. Statement 3 is wrong as supervisors never always take the time to recognize the achievements of their workers. Statement 4 is wrong as there is no specification on planning a schedule on the assumption that everything will go as planned.True statements maybe when the stated fact or information is reliable or true to a point. Thus, the correct answer is the second option.
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Wilma sells her house for $600,000 two months after her husband passed away. They had purchased the house in 1952 for $58,000. Assuming they met the requirement for filing jointly, on what amount will Wilma have to pay income tax?
Answers
Wilma can exclude $500,000 of the gain from the sale of the house from her taxable income if she meets the requirements for married filing jointly.
What is the gain on the sale?The gain on the sale is $600,000 - $58,000 = $542,000. Since her husband passed away within the last two years, she is eligible for the $500,000 exclusion.
This leaves $542,000 - $500,000 = $42,000 as taxable gain. Wilma will have to pay income tax on $42,000. However, the exact amount of tax she will owe depends on the tax rates and other aspects of her financial situation.
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how does a persons work experience affect their pay wage?
Answers
Answer:
Up to a certain point, more experience typically translates into higher income. Similar to the last example, if the job requires someone with 10 years of expertise in a specific field and you don't satisfy those qualifications, you can find yourself working at the lower end of the wage scale.
Explanation:
Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
Answers
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
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An insurer wishes to compare the information given in an insurance application with previous insurance applications by the same applicant but for different companies. What organization can help the insurer accomplish this?
Answers
Answer:
The Medical Information Bureau
Explanation:
The Medical Information Bureau, established in 1902 has the responsibility of holding in their database, and crosschecking the past information records of applicants and determining if there are any errors or irregularities in documentation. They make this information available through a code so as to ensure the maintenance of privacy.
So, when an Insurer wants to crosscheck the information given in an insurance application, with previous insurance applications by the same applicant, the right place to go to would be the Medical Information Bureau, because they have the database.
The price of company stocks already trading on the stock market are determined by supply
and demand.
True
False
Answers
Slide presentation software
Internet access
Interview with business owner (optional)
Social entrepreneurs often develop social enterprises with a two-fold purpose: to achieve a profit and to support a social or an environmental goal. These goals often fit into their 3 Ps measure: profits, people, and planet.
In this activity, you will create a slideshow presentation about a social enterprise business in your local town, county, or state (or nearby locale, if none are in your own).
Step 1:
Review the criteria for social enterprises.
Research online for a list of businesses in your state.
Locate a business that is considered a social enterprise.
If possible, contact the business and get a statement from the owner about their social/environmental goals; ask if you can get permission to share a photo of the business.
Step 2:
Open a new slide deck
Create a title slide: Social Enterprise Business
Add 3–5 slides
Include a final reference slide
Step 3:
After title slide:
Slide 1: List the name and type of business
Slide 2: Provide a description of the business
Slide 3: Describe their social and/or environmental goals
Slides 4–5: If possible, share a statement from the owner about their goals and share a picture, if permission has been obtained.
Final slide: Reference slide
Answers
The slideshow presentation should include a title, business description, Social and Environmental Goals etc.
In business, a presentation is a formal or informal communication tool used to convey information to an audience. It can take various forms, such as a slideshow presentation, a speech, or a demonstration, and can be delivered in person or remotely.
The purpose of a business presentation is to inform, educate, persuade, or inspire the audience, depending on the topic and objective of the presentation.
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Assume that you have entered into a swap agreement for a notional of 100M USD under which every 6 months you agree to pay LIBOR and receive 4% fixed. On the date you signed the contract LIBOR is 3%. Six months later LIBOR is 3.5%. Your actual payment net of what you receive at the first payment date equals to (- sign means you receive):____.
A) 0 USD.
B) -0.5 USD.
C) 0.5 USD.
D) -0.25 USD.
Answers
Answer:
C) 0.5 USD
Explanation:
Swap is an arrangement in which two parties exchange their interest rates for mutual benefit. One party may receive fixed rate and other will receive floating rate based on LIBOR. In the given scenario the swap agreement was originated when the LIBIOR was 3%. The fixed rate was set to be at 4% so the net gain at the time of inception was 1%. When LIBOR increased after six month the net gain declined to only 0.5%.
g MM Proposition II with taxes: Group of answer choices reveals how utilizing the tax shield on debt causes an increase in the value of a firm. reaches the final conclusion that the capital structure decision is irrelevant to the value of a firm. supports the argument that the cost of equity decreases as the debt-equity ratio increases.
Answers
Answer:
reveals how utilizing the tax shield on debt causes an increase in the value of a firm.
Explanation:
According to the MM Proposition II with taxes, the value of a levered firm = Vu + tD
Where :
Vu = value of unlevered firm
tD = debt tax shield
In the presence of taxes, the value of a levered company is greater than that of the same company without debt with the same operating income.
Also, the WACC of a company with debt must be lower than that of an all equity company
This activity is important because as a manager, it is important to not only understand what we know about organizational behavior, but also how we know it. Over the past several decades, researchers have learned a great deal about organizational behavior topics and the ultimate impact of these issues on company performance. Where did the knowledge about these topics come from
Answers
The source of knowledge for the study of organizational behavior is mainly from the observation of group interactions over a period of time.
What is Organizational Behavior?This refers to the study of interaction which occurs among individuals in a group and how their interactions affects relationships.
With this in mind, we can see that the source of knowledge which researchers have gotten from a study of organizational behavior is the observation of the group interactions over a period of time.
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A company stops producing product that are not selling
Answers
When a company stops producing products that are not selling, this falls under Product/Service Management.
What is Product or Service Management?Product or Service Management refers to the part of a company that is in charge of monitoring a certain product or service to see how it is doing, how it contributes to the company, and how it can either be improved upon, or winded down on.
Product or Service Management would therefore notice when a product is no longer selling. They will report to the top management about their finds and the top management will then make the decision to either keep producing the product, or to stop producing it so the company stops incurring losses.
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Which of the following is an exception to the general rule for safeguarding to prevent hazards during servicing
and maintenance of machines?
a Servicing or maintenance is
not hazardous for employees
b) Maintenance is minimal and performed as an important part of production
c) Employer uses other safeguards which provide effective protection as required by OSHA standards
dA of the above
Answers
Answer:
a Servicing or maintenance is
not hazardous for employees
Explanation:
The statement that serves as an exception to the general rule for safeguarding to prevent hazards during servicing and maintenance of machines is A:Servicing or maintenance is not hazardous for employees.
According to the question, we are to discuss about general rule for safeguarding to prevent hazards during servicing and maintenance of machines .
We can see that this rules serves as guideline to prevent hazard in the working environment and we can see that Servicing or maintenance is not hazardous for employees.
Therefore, Servicing or maintenance is not hazardous for employees.
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