Answers
Answer:
Political, Environmental, Socio cultural, Technological and Economic
Explanation:
Related Questions
True or false if false please correct it
1- Cost Focus is a tool to scan external environments. (t/f)
2- Quality Standards application is a tool to continuous improvements.(t/f)
3- Cost focus is a way to differentiation.(t/f)
4- Strategic performance means strategic implementation.(t/f)
5- Strategy formulation means building strategic standards.(t/f)
6- Strategic plan should answer three questions?(t/f)
7- Divisional structure is to divide the company into functions.(t/f)
8- Lack of resources is one of the changes blocks.(t/f)
9- Organizational life cycle describes the organizational innovation.(t/f)
10- Matrix structure is a traditional method to build your company hierarchy.(t/f)
11- Differentiation focus is a tool to implement strategy.(t/f)
12- Financial strategy is a corporate level.(t/f)
13 Programs needs a balance sheet to be implemented.(t/f)
14- Strategic execution means strategic implementation.(t/f)
15- Procedures are required to implement the strategy.(t/f)
16- Strategic implementation needs simple structure.(t/f)
17- Divisional structure is to divide the company into matrix structure.(t/f)
18- Innovation is one of the changes blocks.(t/f)
19- Organizational life cycle describes the organizational performance.(t/f)
20- Network structure is a traditional method to build your company hierarchy.(t/f)
21- Functional strategy is a tool to implement strategy.(t/f)
22- Divisional structure is a business unit level.(t/f)
23- Programs needs procedures to be implemented.(t/f)
24- Strategic execution means strategic formulation.(t/f)
25- Change approval is a required to implement the strategic.(t/f)
26- Strategic implementation could need re-engineering.(t/f)
27- Divisional structure is to divide the company into decentralized units.(t/f)
28- Innovation is one of the changes blocks.(t/f)
29- Organizational life cycle describes the organizational performance. (t/f)
Answers
False. Cost Focus is a strategy that involves targeting a specific cost segment of the market, not a tool to scan external environments.
False. Quality Standards application is a tool to ensure consistent quality in processes and products, not specifically for continuous improvements.
False. Cost focus is a cost-based strategy and not a way to differentiation.
False. Strategic performance refers to the achievement of strategic objectives, while strategic implementation refers to the actions taken to execute a strategy.
False. Strategy formulation involves the development of strategies, not building strategic standards.
True. A strategic plan should typically answer three fundamental questions: where are we now, where do we want to go, and how do we get there.
False. Divisional structure is used to divide the company into divisions or business units based on products, geography, or other criteria, not functions.
True. Lack of resources can be one of the barriers or challenges in implementing changes.
False. Organizational life cycle refers to the stages of development and growth of an organization, not specifically organizational innovation.
False. Matrix structure is a more contemporary approach that combines functional and divisional structures, not a traditional hierarchy.
False. Differentiation focus is a strategy that involves targeting a specific market segment with differentiated products or services, not a tool to implement strategy.
False. Financial strategy can be part of the corporate level strategy, but it is not exclusively a corporate level strategy.
False. Programs do not necessarily require a balance sheet to be implemented. A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
True. Strategic execution and strategic implementation are often used interchangeably, referring to the process of putting a strategy into action.
True. Procedures or processes are necessary to implement a strategy effectively.
False. Strategic implementation can vary in complexity and may not always require a simple structure.
False. Divisional structure and matrix structure are different organizational structures and not synonymous.
True. Innovation can be one of the barriers or challenges to change within an organization.
False. Organizational life cycle describes the stages of development and growth of an organization, not specifically organizational performance.
False. Network structure is a more contemporary approach that emphasizes collaboration and interconnectivity, not a traditional hierarchical structure.
True. Functional strategy can be a tool used to implement strategy at the functional level, aligning functional activities with overall strategic goals.
True. Divisional structure is typically implemented at the business unit level, dividing the organization based on divisions or business units.
True. Programs often require specific procedures or processes to be implemented effectively.
False. Strategic execution refers to the implementation of a strategy, not its formulation.
False. Change approval is not a requirement to implement a strategy. It may be necessary in certain cases, but it is not universally required.
True. Strategic implementation may require re-engineering or restructuring of processes and systems to align with the new strategy.
True. Divisional structure is designed to divide a company into decentralized units or divisions.
True. Innovation can be one of the barriers or challenges to change within an organization.
False. Organizational life cycle refers to the stages of development and growth of an organization, not specifically organizational performance.
What is Strategic Performance?Strategic performance refers to the measurement and evaluation of an organizations ability to achieve allure strategic objectives and aims. It involves assessing the depiction of various factors, to a degree operational efficiency, economic outcomes, customer delight, and employee engagement, to decide the extent to which the arrangement is successfully implementing allure strategic plans.
Strategic performance is approximately linked to an organization's overall game plan and long-term vision. It focuses on weighing the progress and effectiveness of strategic push's and determining whether they are superior to desired outcomes.
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57. Mark Green is considering buying a new Honda Accord. The purchase price of the car is $21,000 but Mark has a trade-in worth $4500. Mark needs a loan to buy the car and knows that his local bank requires him to put down 10% of the purchase price after the value of the trade-in is considered. Mark also knows that bank will charge 8% for the loan and require monthly payments over the next 4 years. What is the size of Mark‟s monthly payments if he makes the minimum down payment on the car?
Answers
Note that , Mark's monthly payments will be approximately $335.89 if he makes the minimum down payment on the car.
How is this so?Given
Loan amount - $14,850
Loan term - 48 months
Interest rate - 0.0067 per month(8 % annual rate divided by 12 months)
Using the formula for a fixed- rate loan,the monthly payment (P) can be calculated as follows:
P = (Loan Amount * Monthly Interest Rate) /(1 - (1 + Monthly Interest Rate)^(-Number of Months))
P = ($ 14,850 * 0.0067) /(1 - (1 + 0.0067)^(-48))
computing we have
P = ($99.50) / (1 - (1.0067)^(-48))
P = ($99.50) / (1 - 0.7035)
P = ($99.50) / (0.2965)
P ≈ $335.89
Therefore, Mark's monthly payments will be approximately $335.89 if he makes the minimum down payment on the car.
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3. How did followers in this case act in ways that contribute to the power of destructive leaders and their goals? What was the debilitating impact their actions had on the organizations?
Answers
The followers in the Penn State Sexual Abuse Scandal acted in ways that contributed to the power of the destructive leader and his goals.
How did followers contributed to power of the destructive leader?Jerry Sandusky was convicted of sexually abusing multiple young boys over a period of several years which has erupted following Sandusky's arrest revealed a pattern of behavior in which followers including university officials and members of the football program.
This rruption enabled Sandusky's abusive behavior by ignoring or covering up reports of misconduct. In some cases, individuals who spoke out against Sandusky's behavior were ostracized or punished for challenging the status quo. This pattern of behavior allowed Sandusky to continue his abuse unchecked and contributed to the power he held over those around him.
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Select all that apply.
Select the items that can result in higher interest earned.
1:higher balance
2:greater number of withdrawals
3:higher interest rate
Answers
Answer:
a higher balance can increase interest rate
Saved
Chapter 1 Assignment: Accounting in Business i
10
Use the following information for the Exercises below. (Algo)
[The following information applies to the questions displayed below.]
Part 4 of 4
4 4
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,310
exchange for its common stock to launch the business. On December 31, the company's records show the
and amounts.
10
points
Cash
Accounts receivable
Office supplies
Office equipment
Land
Accounts payable
Common stock
$ 10, 200 Cash dividends
15,200 Consulting revenue
3,550 Rent expense
18,310 Salaries expense
45,990 Telephone expense
8,740 Miscellaneous expenses
84,310
$ 2,340
15,200
3,910
7,350
790
610
eBook
Hint
Print
Exercise 1-21 (Algo) Preparing a statement of cash flows LO P2
References
Also assume the following:
a. The owner's initial investment consists of $38,320 cash and $45,990 in land in exchange for its common stoc
b. The company's $18,310 equipment purchase is paid in cash.
c. Cash paid to employees is $2,160. The accounts payable balance of $8,740 consists of the $3,550 office supp
$5,190 in employee salaries yet to be paid.
d. The company's rent expense, telephone expense, and miscellaneous expenses are paid in cash.
e. No cash has yet been collected on the $15,200 consulting revenue earned.
Using the above information prepare a December statement of cash flows for Ernst Consulting. (Cash outflows
by a minus sign.)
ERNST CONSULTING
Next
10
of 10
< Prev
мс
Graw
Hill
BI
99+
o
Answers
The statement of cash flows for Ernst Consulting for the month of December is shown in the attached images below.
The statement of cash flows is a financial statement that provides information about the cash inflows and outflows of a business or entity during a specific period of time. It presents the sources and uses of cash, categorizing them into three main activities: operating activities, investing activities, and financing activities.
The statement of cash flows is an essential component of the financial statements, along with the income statement, balance sheet, and statement of changes in equity. It helps users, such as investors, creditors, and analysts, understand the cash flow dynamics of a company and assess its ability to generate and manage cash.
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If the supply of a good increased, what would be the effect on the equilibrium price and quantity?
Answers
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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HELP
Which of the following is not true of how you should give directions to a visitor or guest?
You should create a mental picture of the entire route in your mind and picture yourself walking or driving it along with the guest.
You should give a travel time estimate for the whole trip from start to finish instead of from landmark to landmark, since that gets confusing.
You should give your guest the simplest route, not the quickest, because you don't want them to get lost along the way.
You should ask the customer to repeat the directions back to you so you can make sure they have understood them properly.
Answers
Answer:
The statement "You should give your guest the simplest route, not the quickest, because you don't want them to get lost along the way." is not true. It is usually best to give the quickest route to the destination, as long as it is not too complicated or confusing. It is important to provide clear and concise directions to help the guest arrive at their destination efficiently and without getting lost. However, if the quickest route is very complicated or difficult to follow, it may be more helpful to provide a simpler route that is easier for the guest to understand and follow. Asking the guest to repeat the directions back to you can also be a helpful way to ensure that they have understood the directions properly.
Explanation:
what interests you about this position customer service
Answers
A customer service position involves providing assistance to customers who need it. There are several reasons why someone may find this job interesting.
Here are some reasons:
Opportunity to Help Others: The customer service job is all about assisting people in resolving their problems. Customer service professionals typically handle consumer inquiries, complaints, and questions. As a result, the customer service position gives people a chance to assist others, which can be fulfilling.Personal and Professional Growth: A customer service job provides you with numerous opportunities for personal and professional development. One such opportunity is to learn from consumer interactions and make improvements that can help the business grow. Communication, problem-solving, and conflict resolution are just a few of the vital skills that customer service positions teach. These skills can benefit you not just in your job but in all areas of life.Diversity of Tasks: The customer service position is varied, and you will work with a diverse group of individuals. Customer service jobs can be found in various industries, such as retail, hospitality, and technology. This job is never dull because there are always new challenges and tasks to tackle. Customer Service jobs are exciting and rewarding, and they offer excellent opportunities to learn, develop, and grow as a person and a professional.For more such questions on customer service
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1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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Clinic uses the direct method to allocate service department costs to operating departments. The clinic has two service departments, Personnel and Support, and two operating departments, Prenatal and Pediatrics. Service Departments Operating Department Personnel Support Prenatal Pediatrics Departmental costs $ 23,724 $ 44,400 $ 109,770 $ 298,910 Employee hours 5,000 1,000 25,000 20,000 Space occupied 3,000 2,000 35,000 7,000 Personnel Department costs are allocated on the basis of employee hours and Support Department costs are allocated on the basis of space occupied in square feet. The total Pediatrics Department cost after the allocations of service department costs is closest to
Answers
The total Pediatrics Department cost after the allocations of service department costs is closest to $316,869.
Total Pediatrics Department costEmployee Hours:
Total Allocation Percentage = 20,000/(25,000+20,000)
Total Allocation Percentage = 20,000/45,000
Total Allocation Percentage =0.44
Allocated cost for personnel = .44× $ 23,724
Allocated cost for personnel =10,544
Space Occupied:
Total Allocation Percentage = 7,000/(35,000+7,000)
Total Allocation Percentage = 7,000/42,000
Total Allocation Percentage = 0.167
Allocated cost for personnel =0.167×$44,400
Allocated cost for personnel =7415
Total Cost:
Total cost=$298,910+$ 10,544 +$ 7415
Total cost= $316,869
Inconclusion the total Pediatrics Department cost after the allocations of service department costs is closest to $316,869.
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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
Answers
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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Most modern workers _________.
a.
Will change their careers, but not their jobs
b.
Will change their jobs, but not their careers.
c.
Will change both their jobs and careers
d.
Will change neither their jobs nor their careers
Answers
Answer:
B. Will change both their jobs and careers
Explanation:
Internet made it really easy for people to access information , including new educations. Due to the abundant of information that the people can use, acquiring new skills and connections that required to change jobs became much Easier.
According to the data that recorded by the government, around 51% of modern workers change their jobs within 1-5 years period and around 30% workers change their careers every 12 months.
Answer:
c.
Will change both their jobs and careers
Explanation:
got it right on edge
how do you find marginal revenue
Answers
by dividing the change in total revenue by the change in total output quantity
As defined in The New Rules, what is the art and science of ensuring that the words and phrases on your site, blog, and other online content are found by search engines and that, once found, your site is given the highest ranking possible in the natural search results?
Answers
Search engine optimization (SEO) is the artwork and science of getting pages to rank higher in search engines.
Because search is one of the most important ways in which people find out content material online, rating higher in search engines can lead to an increase in site visitors to a website.
What procedure do you use to make sure that your content material is website positioning optimized?To optimize your content, use your target keyword at least as soon as in the first 100-150 phrases to indicate your subject early. Also, use your goal keyword and its editions naturally at some point of the content. You can locate your keyword's editions in the associated search area of search.
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https://brainly.com/question/29582565#SPJ1The micro-EWOT implies, inter alia, all of the following, EXCEPT
Answers
Option (c), All of the following are implied by the micro-EWOT, with the exception of uncritical reasoning.
What dangers may EWOT pose?EWOT poses no risks or adverse effects when used correctly and for no more than 15 minutes at a time. When more oxygen is breathed than is recommended, there is no risk of becoming ill from it.
How is EWOT unique from hyperbaric oxygen?HBOT functions in a different way than EWOT. HBOT is a passive procedure in which the pressure forces oxygen into the tissues. More oxygen enters the tissues as a result of the plasma's super saturation caused by EWOT. After then, the extra oxygen is used by the body.
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The complete question is:
The micro-EWOT implies, inter alia, all of the following, EXCEPT
Marginal cost/benefit analyses Opportunity cost calculi Uncritical reasoning Plausible,L-MEST-G data Inter-temporal comparisonsAccording to the creditor hierarchy, list the following from high risk to low risk
1 Ordinary share capital 2 Preference share capital 3 Trade payables 4 Bank loan with fixed and floating charges A 1,2,3,4 B 2,1,4,3 C 1,2,4,3 D 4,1,2,3 2.
Answers
The correct order from high risk to low risk is: D) 4, 1, 2, 3 where trade payables are the lowest-risk creditors, followed by ordinary share capital, preference share capital, and bank loans with fixed and floating charges being the highest-risk creditors.
Bank loans are a common form of debt financing provided by financial institutions such as banks to individuals and businesses.
The terms and conditions of bank loans can vary depending on the lender and the borrower's creditworthiness, but typically include an interest rate, repayment schedule, and collateral or security requirements.
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During the assessment phase of networking, it’s best to be specific about your business _______.
Doing some research on the key players will help you make the most of business _______ or _______.
Chatting with other people at parties or meetings is a great way to make _______.
When out networking people in _______ naturally gravitate to others.
Based on what you've read, respond to the following.
List two of the qualities that help form a strong foundation for business relationships.
What are two important stages in making business connections?
Answers
1. During the assessment phase of networking, it is best to be specific about your business objectives.
2. Doing some research on the key players will help you make the most of business contacts or opportunities.
3. Chatting with other people at parties or meetings is a great way to make connections.
4. When out networking, people naturally gravitate to others.
Business relationships are an essential aspect of all types of business enterprises, whether large or small. Developing good relationships is vital to the success of any business. Two qualities that help form a strong foundation for business relationships are trust and reliability. These two qualities help establish a sense of honesty, transparency, and consistency in business practices.
Trust and reliability are vital components of business relationships because it creates a safe and comfortable environment for business partners to communicate freely, share ideas, and brainstorm on how to grow the business together. In addition, it provides an avenue for open discussions and sharing of constructive feedback that will help businesses identify areas of improvement.
The two most important stages in making business connections are networking and relationship building. Networking is a critical stage in business development because it enables businesses to build a vast array of contacts that they can leverage to grow their business. Relationship building, on the other hand, focuses on building trust and nurturing relationships with clients, partners, and other stakeholders.
This stage requires a long-term commitment and entails consistent communication and transparency to establish a sense of mutual trust and respect. To conclude, strong business relationships are essential to the success of any business. Building such relationships takes time and effort. Trust and reliability are crucial elements that can help establish a strong foundation for business relationships. Networking and relationship building are two vital stages in making business connections, and they require commitment, time, and effort.
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11. What percentage of your salary should go to savings? (1 point)
05%
O 10%
O 20%
O 50%
Answers
Answer:
20%
Explanation:
Answer: 10%
Explanation: Took test
recommendations to maintain accuracy in an organization
Answers
Answer:
notecards
Explanation:
Keep notescards with small bulletpoints with specific points of strategy to memorize best, but that’s just me
The two basic ways to schedule a project, as discussed in your reading
material, are __________.
a. temporarily and permanently
b. inside and outside
c. high priority and low priority
d. forward and backward
Answers
Answer:
D. forward and backward
Explanation:
The two basic ways to schedule a project, as discussed in project management literature, are:
d. forward and backward
Forward scheduling involves starting the project as soon as possible and proceeding with the activities in chronological order, considering their dependencies and durations. This approach aims to complete the project as early as possible.
Backward scheduling, on the other hand, involves starting the project from the target completion date and working backward to determine the start dates for each activity. This approach takes into account any project constraints or deadlines and ensures that all activities are completed in a timely manner to meet the desired end date.
Both forward and backward scheduling have their advantages and are used in different project scenarios. The choice of scheduling approach depends on factors such as project requirements, dependencies, available resources, and project objectives.
ruiz company provides the following budgeted sales for the next four months. the company wants to end each month with ending finished goods inventory equal to 30% of next months budgeted unit sales. finished goods inventory on april 1 is 210 units. prepare a production budget for the months of april, may, and june budgeted sales units april, may, and june
Answers
The budgeted sales units for April, May, and June will be 546, 600, and 578 respectively.
How to calculate the units to be produced?The unit to be produced in April will be:
= (610 × 22%) + 530 - 106
= 122 + 530 - 106
= 546
The unit to be produced in May will be:
= (560 × 20%) + 610 - 122
= 112 + 610 - 123
= 600
The unit to be produced in June will be:
= (650 × 20%) + 560 - 113
= 130 + 560 + 113
= 578
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You have $25,000 of credit card debt, and you decide that you will never charge another
cent on this card. You pay only the minimum that the credit card company asks you to
pay each month. Your interest rate is 18 percent and the minimum payment is just 2
percent of your balance. How long will it take you to pay off the debt in full if you never
charge another cent?
O 22 years
34 years
0 73 years
08 years
Answers
500x12= 6000$ premium payment
18x25000= 4500-6000= 1500-25000= 23500x18%= 4230-6000= 1770-23500= 21730x18%= 3911.4-6000=2088.6-21730=19641.4x18%=3535.452-6000=2464.548-19641.4=17176.852. It probably will take you 22 years
Answer:
73 years
Explanation:
I took a quiz with this question and 73 was correct.
Which employee is most likely to have a pension plan?
A. A food bank volunteer
B. A family physician
C. A public school teacher
D. A part-time food server
Answers
A public school teacher is most likely to have a pension plan. Option C is correct.
What Exactly Is a Pension Plan?A pension plan is an employee benefit in which the company pledges to making monthly contributions to a pool of money put aside to finance payments to qualified employees once they retire.
Underfunding, mismanagement, insolvency, and legal exclusions are all possibilities that might jeopardize the pension. There are laws in place to safeguard you in such situations, but some are more effective than others.
Therefore, option C is correct.
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"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?
Answers
Answer:
I agree because it make the group bring out more ideals
sometimes group decision make some people to voice out their problems
group decision help organization and firms to operate in good aims
Which best describes a reason that consumer demand can change?
Oloss of income
Oloss of supply
Odistribution problems
Omarket problems
Answers
Answer: A
Explanation:Loss of income
A reason that consumer demand can change is the loss of income. Thus the correct option is A.
What is demand?When the willingness of an individual to buy any product is increased it gives rise to demand. This willingness will shift with a change in the price or quality.
When an individual's income falls, demand for low-quality goods reduces due to low purchasing power, and when an individual's income grows, demand falls due to greater purchasing power.
The rule of demand is a fundamental principle that states that the price of a commodity and its demand are inversely related. This indicates that as the price of goods declines, consumers will be more likely to buy them.
A commodity's demand will decrease as its price rises. The law of demand can be represented visually by a downward-sloping demand curve. Therefore, option A is appropriate.
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7. Critical Thinking Imagine you are managing a team of students that is running the concession stand at a basketball game to raise money for your DECA chapter
List two situations that could occur for which a tactic management style would be most appropriate and other situations when a strategic style would be mos appropriate. Discuss the situations with other student and see whether they agree with your decisions.
Answers
As a tactical approach, the students might circulate pamphlets or make announcements to create an awareness of the need to raise the donations at the concession stand. The target achieving planning is also done using strategy. The sports team develops a plan for approaching potential sponsors and key investors in order to collect money for the DECA chapter.
What is a tactical management style?Choose among relevant strategies and tactics to carry out a strategic goal or purpose. Instead of simply following a predetermined standard procedure, a manager might choose the appropriate tactics or procedures for each event that develops in a business environment by using tactical management.
A long-term strategic plan hence is divided into several more specific, smaller short-term plans as part of the planning process known as tactical planning. Teams and businesses regularly employ this form of of plan when they have long-term goals that extend further than two or three years.
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Economists consider both explicit costs and implicit costs when measuring economic profit. The reason they consider implicit costs is that Group of answer choices they are more conservative than accountants, who consider only accounting costs. most businesses forget to pay their implicit costs. a business must cover its opportunity costs as well as its out-of-pocket expenses to be truly profitable. implicit costs are typically far larger than explicit costs. implicit costs include expenses like taxes and fees to the government.
Answers
Answer: A business must cover its opportunity costs as well as its out-of-pocket expenses to be truly profitable.
Explanation:
A firm's implicit costs are its opportunity costs. Opportunity costs are the returns that a company would have made had it invested in the next best venture than the one they are currently in.
If a business is to be truly profitable, it is important that they earn enough to cover both their out of pocket costs as well as their opportunity costs that way it can be definitively said that the venture that they went into was better than the next best venture they could have gone into.
Calculate the Equivalent Uniform Annual Benefit (EUAB) for the cash flow below for interest rate of 10%
Answers
Answer:
The Equivalent Uniform Annual Benefit (EUAB) is 2,220.52.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.
The explanation to the answer is now given as follows:
Note: See the attached excel file for the calculation of the total present values of cash flow (in bold red color).
Equivalent Uniform Annual Benefit (EUAB) refers to an annual benefit or cash flow that is obtained by converting any cash flow to an equivalent uniform cash flow.
From the question, the diagram indicates that the amount of the annual cash flows from year 1 to year 80 is $2,000, except for years 10 and 40 which are 7,000 and 15,000 respectively (in bold blue color in the attached excel file).
Because of years 10 and 40 which are 7,000 and 15,000, we first calculate the present value of all the annual cash flows from year 1 to 80 (in bold red color in the attached excel file).
From the attached excel file, we have:
Total present value of cash flows = 22,205.19
The annuity factor is calculated using the annuity formula as follows:
Annuity factor = ((1-(1/(1 + r))^n)/r) …………… (1)
Where;
r = interest rate = 10%, or 0.10
n = number of years = 80
Substituting the values into equation (1), we have:
Annuity factor = ((1-(1/(1 + 0.10))^80) / 0.10)
Annuity factor = 9.9951181414995
Approximating to 2 decimal places, we have:
Annuity factor = 10.00
The Equivalent Uniform Annual Benefit (EUAB) can therefore now be calculate using the formula for calculating the Equivalent Uniform Annual Benefit (EUAB) as follows:
EUAB = Total present value of cash flows / Annuity factor ……………. (2)
Substituting the values into equation (2), we have:
EUAB = 22,205.19 / 10.00
EUAB = 2,220.52
Therefore, the Equivalent Uniform Annual Benefit (EUAB) is 2,220.52.
Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with
an apprenticeship in the student's chosen trade to provide hands-on training.
How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4
O It leads to less hands-on training and less difficulty finding a job.
O It creates less debt from tuition and the ability to enter the workforce sooner.
O It leads to more hands-on training and more difficulty finding a job.
O It creates more debt from tuition, and trade school takes longer to complete.
Answers
Going to a trade school rather than a university can positively affect the long-term financial goals of an individual by Option B. It creates less debt from tuition and the ability to enter the workforce sooner.
One of the primary advantages of choosing a trade school is the lower cost of tuition compared to a traditional university. Trade schools typically have lower tuition fees, making them more affordable for many students. This translates to less debt burden, allowing individuals to start their careers with a smaller financial obligation.
Additionally, trade school programs are typically shorter in duration, typically taking two years to complete. This means that students can enter the workforce and start earning sooner compared to the longer duration of university programs. By gaining early entry into the workforce, individuals have the opportunity to start earning and saving money earlier, contributing to their long-term financial goals.
Furthermore, trade school programs often emphasize hands-on training and practical skills development. This prepares students directly for their chosen trade and enhances their employability. They gain specific, job-related skills that are in demand, which can make it easier for them to find employment in their field upon completion of the program.
In contrast, attending a university often involves higher tuition costs, longer program durations, and a broader education rather than a focused trade-specific curriculum. While universities provide valuable knowledge and opportunities for certain careers, trade schools offer a more cost-effective and streamlined path for individuals seeking hands-on training and immediate entry into the workforce. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with an apprenticeship in the student's chosen trade to provide hands-on training. How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4
A. It leads to less hands-on training and less difficulty finding a job.
B. It creates less debt from tuition and the ability to enter the workforce sooner.
C. It leads to more hands-on training and more difficulty finding a job.
D. It creates more debt from tuition, and trade school takes longer to complete.
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Which of the following items are not included in working capital?
Answers
Accounts payable, accumulated salaries, and notes payable are the items that make up current liabilities.As non-current assets, fixed assets are held for the long term in order to produce revenue.When calculating a business's working capital, they are not taken into account.
What things go under working capital?
Working capital, which includes inventory, cash, accounts payable, accounts receivable, and short-term debt, reflects a company's ability to manage daily expenses.It serves as a gauge of both an organization's overall effectiveness and short-term financial position. A well-run company manages its working capital, which is made up of inventories, accounts receivable, accounts payable, and cash, to control its short-term debt as well as its ongoing operational costs. The balance sheet of a corporation contains all of the working capital components, even if a company may not need all of the components described below.For instance, a service provider that does not maintain inventory will omit inventory from its working capital calculation entirely.Cash, accounts receivable, inventory, and other assets that are anticipated to be sold or converted into cash in less than a year are listed under current assets.Accounts payable, wages, taxes owed, and the current portion of long-term debt that is due within a year are all examples of current liabilities. The difference between a company's current assets—such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods—and its current liabilities—such as debts and accounts payable—is known as working capital, sometimes known as net working capital (NWC).It's a frequently employed metric to assess an organization's immediate health. Working capital, often known as net working capital, is the distinction between current assets and current liabilities for a business.A company's working capital is a gauge of its liquidity and immediate financial stability.If a company's current assets to liabilities ratio is lower than one, it has negative working capital.A corporation that has sufficient working capital is able to finance both its ongoing operations and its expansion plans.It's not always a good thing to have a high working capital.It can mean that the company has too much inventory, isn't spending its extra income, or isn't taking advantage of opportunities for low-cost debt. Estimates of working capital are based on the variety of assets and liabilities on a company's balance sheet.A corporation can better comprehend what kind of liquidity it will have in the near future by focusing just on current debts and offsetting them with the most liquid assets.Working capital is another indicator of a business's operational effectiveness and immediate financial stability.A corporation may have the ability to invest in growth and expansion if it has a sizable positive NWC.A corporation may struggle to expand or repay creditors if its current assets do not surpass its current liabilities.It may even file for bankruptcy.To learn more about working capital refer
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