An institutional advertisement promotes a company's or organization's reputation or image, and an example is Apple's "Think Different" campaign.
An institutional advertisement is a type of advertisement that promotes a company's or organization's reputation, image, or identity rather than a specific product or service. The goal of an institutional advertisement is to create a favorable impression of the company or organization among its stakeholders, such as customers, employees, shareholders, and the general public.
A real-world example of an institutional advertisement is the "Think Different" campaign by Apple Inc. launched in 1997. The campaign consisted of a series of print, television, and online advertisements featuring black-and-white photographs of famous individuals who had contributed to society in different ways, such as Albert Einstein, Mahatma Gandhi, and Martin Luther King Jr. The ads ended with the tagline "Think Different" and the Apple logo.
The "Think Different" campaign can be considered institutional because it aimed to promote Apple's reputation as a company that values creativity, innovation, and individuality, rather than specific products or services. The campaign was launched at a time when Apple was struggling financially and had lost its market share to its competitors. The goal of the campaign was to reposition Apple as a company that was different from its competitors, and to appeal to customers who valued uniqueness and creativity.
By associating itself with individuals who were known for their innovative and creative contributions, Apple sought to align its brand with the values that its customers admired. The campaign was successful in creating a positive image of Apple among its stakeholders and contributing to its recovery from financial troubles.
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Please help............
Tony, Juan, and Isabel live in a city where the combined state and local sales tax rate is 8%. They each purchased the same computer and paid $160 in sales tax. A 5-column table has 3 rows. The first column has entries Tony, Juan, Isabel. The second column is labeled Income with entries 10,000, 50,000, 75,000. The third column is labeled Cost of computer with entries 2,000, 2,000, 2,000. The fourth column is labeled Sales tax paid with entries 160, 160, 160. The fifth column is labeled tax rate with entries 1.6 percent, 0.32 percent, and 0.21 percent. This scenario describes a tax system. Isabel pays Tony and Juan on the computer. pays the highest tax rate on the computer. would be the most affected by an increase in the sales tax rate.
Answer:
Tony pays the highest tax rate on the computer, not based on the nominal sales tax rate, but on the percentage that the tax represents of his total income.
His income is $10,000, and he pays $160 in sales tax, for an effective rate of 1.6%.
The person who would be the most affected by an increase in the sales tax rate is again, Tony, simply because he has the lowest income. Juan and Isabel would also be affected by a sales tax increase, but on a much lower scale (because their incomes are also a lot larger).
a) The scenario described by the 5-column table with 3 rows showed that Tony paid the highest tax rate (effective) on the computer, based on his income level.
b) Tony would be the most affected by an increase in the sales tax rate because his effective tax rate would increase, causing him to suffer the most.
What is a sales tax?A sales tax is a proportional tax that charges the same percentage on the consumption of goods and services without considering a person's income level.
Data and Calculations:Tax Payer Income Cost of Computer Sales Tax Paid Tax Rate
Tony $10,000 $2,000 $160 1.6%
Juan 50,000 2,000 160 0.32%
Isabel 75,000 2,000 160 0.21% ($160/$75,000 x 100)
Thus, this scenario of a tax system illustrates that sales tax is not progressive, but it is proportional since it is based on consumption and not income level.
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Why would a borrower get a cosigner for a loan?
If the principal borrower defaults on a loan, the co-signer agrees to assume repayment of the debt.
Why would someone co-sign for a loan?
When you cosign for someone, you agree to be held accountable for the loan, lease, or other contract should the primary borrower be unable to make the required payments.
Everything for which you cosign will appear on your credit record as if it were your own, which, depending on your credit history, may have an influence on your credit ratings.
What distinguishes a cosigner from a guarantor?
The lease is signed by a cosigner and guarantor who both agree to be responsible for paying the rent. Whereas a guarantor is only obligated to make payments if the principal borrower is unable or unwilling to do so, a cosigner is accountable from the moment they sign the loan.
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In a well-constructed paragraph, evaluate the significance of government to the economic well-being of the nation or people. Include 3 specific examples from the module to support your position and explain how each of them proves your point.
20 points: takes a position about the significance of the role of government
30 points: includes three examples from the module to support that position
30 points: thoroughly explains the connection between the examples and position on the role of the government
Explanation:
5.From which of the following, we get more sun's energy-
1 point
Eating other people
The importance of the government for the economic well-being of the nation and the people is to create public policies that encourage the creation of new businesses capable of generating jobs and increasing the quality of life.
Free market systemIt is an economic model that is based on greater freedom to conduct business, without government intervention. The free market is determined by the law of supply and demand.
Therefore, the free market system guarantees greater economic development in a country, heating up the economy, generating jobs and increasing the purchasing power and well-being of the population.
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which of the following statements about dividends and share repurchases is incorrect? group of answer choices compared to share repurchases, cash dividends offer less flexibility to corporate managers compared to periods of overvaluation, periods of undervaluation are characterized by an increased incentive for corporations to repurchase shares
Option A is the correct answer. Share repurchases and cash dividends offer less flexibility to corporate managers compared to periods of overvaluation, but this is not true.
What is share repurchase? A buyback is when a corporation repurchases outstanding shares in order to lower the number of shares on the market and raise the value of the shares that are still outstanding. Employing an investment bank as a middleman, a corporation can buy back its shares more quickly by using an accelerated share buyback (ASR) approach.What is cash dividend?A corporation must pay its stockholders on a regular basis in the form of cash distributions to be considered to have paid a cash dividend (as opposed to in stock or any other form). Cash dividends are frequently distributed on a regular schedule, such as monthly or quarterly, although they can sometimes come as one-time payments only, such as following a settlement.Option A is the correct answer. Share repurchases and cash dividends offer less flexibility to corporate managers compared to periods of overvaluation, but this is not true.
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Describe with diagrams: (i) how electricity is dispatched according to the merit order, and (ii) what a screening curve shows. [10]
(i) Dispatch of Electricity According to Merit Order:The dispatch of electricity according to the merit order refers to the process of prioritizing the order in which power plants are dispatched to meet the electricity demand.
This process is based on the cost of generation, with power plants having lower operating costs dispatched first.
To illustrate this process, consider the following diagram:
Power Plant A Cost: $30/MWh
| Power Plant B
Cost: $40/MWh |
Power Plant C Cost: $50/MWh
| Power Plant D
Cost: $60/MWhIn this example, the vertical axis represents the cost of generation in dollars per megawatt-hour ($/MWh), and the horizontal axis represents the dispatch order. The power plants are arranged in ascending order of their generation costs.
When the electricity demand is low, only Power Plant A may be dispatched, as it has the lowest cost. As the demand increases, additional power plants will be dispatched, starting with Power Plant B, followed by Power Plant C and Power Plant D, in order of their increasing costs.
The merit order dispatch ensures that electricity is generated at the lowest possible cost, as more expensive power plants are only dispatched when the demand exceeds the capacity of the lower-cost plants. This helps optimize the utilization of resources and minimizes the overall cost of electricity production.
(ii) Screening Curve:
A screening curve, also known as a supply curve or supply stack, shows the relationship between the available electricity supply and the corresponding generation costs. It illustrates the cost of generating additional electricity as the quantity supplied increases.
Here's a simplified example of a screening curve:
Generation Cost ($/MWh)
^ | /
| / | /
| / Screening Curve | /
| / | /
| / +---------------------------->
Quantity Supplied (MW)In this diagram, the vertical axis represents the generation cost in dollars per megawatt-hour ($/MWh), and the horizontal axis represents the quantity of electricity supplied in megawatts (MW).
The screening curve slopes upward from left to right, indicating that as the quantity of electricity supplied increases, the generation cost also increases. This is because power plants with lower operating costs are dispatched first, and as the demand increases, higher-cost power plants are brought online to meet the additional load.
The screening curve helps policymakers, system operators, and market participants understand the cost structure of electricity generation and make informed decisions. It provides insights into the margin cost of producing electricity at different levels of supply and can assist in evaluating the economic efficiency of different generation technologies and optimizing the dispatch of power plants.
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Which of the following types of organizations best helps match a differentiation strategy to a functional structure?
The matrix structure enables the integration of functional expertise with a focus on differentiation. It combines the benefits of specialization with the ability to collaborate across functions, making it well-suited for implementing a differentiation strategy.
The type of organization that best helps match a differentiation strategy to a functional structure is a matrix organization. In a matrix structure, employees are organized into functional departments (such as marketing, finance, operations) as well as cross-functional teams. This allows for the coordination and collaboration necessary to implement a differentiation strategy.
Here's why a matrix structure is a good fit for a differentiation strategy:
1. Specialization: The functional departments allow employees to specialize in their areas of expertise, enabling them to develop deep knowledge and skills in their respective functions.
2. Cross-functional collaboration: The matrix structure facilitates cross-functional collaboration by bringing together individuals from different departments to work on specific projects or initiatives. This promotes the exchange of ideas and expertise, which is crucial for differentiation.
3. Flexibility and adaptability: The matrix structure provides flexibility to respond quickly to changing market demands. It allows the organization to form cross-functional teams based on specific projects or customer needs, ensuring the right expertise is available for each unique situation.
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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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100-side dice with number 1,2,...,100 on each side. You get paid $50 if you roll a 50, $75 if you roll a 75 etc. If you are unsatisfied with the result, you can pay $1 to roll again, you can roll as many times as you want. Question: what's the maximal amount you are willing to pay to enter this game (roll for the first time). Note that each subsequent play you only need to pay $1 to play again. What's your strategy
Answer:
Since there is a 100-side it says with number 1,2, ..., 100 on each side, and I get paid $ 50 if you roll a 50, $ 75 if I roll a 75 etc, and if I are unsatisfied with the result, I can pay $ 1 to roll again, and I can roll as many times as I want, to determine what's the maximal amount I are willing to pay to enter this game for the first time knowing that each subsequent play you only need to pay $ 1 to play again the following logical reasoning must be performed:
Since there is a maximum possible win of $ 100 in the game, and a minimum possible win of $ 1, and that each shot is worth $ 1 after the first shot, with possibilities of repeating indefinitely (with which no more money would be lost, since that 99% of the time more money would be obtained than was paid), the maximum amount that would be willing to pay for the first shot is $ 100, while said sum is the maximum presumed profit for a single shot, the which will finally be overcome.
the financial statement effects of an employer's entry to record payroll obligations for a payroll period include:
When an employer records payroll obligations for a payroll period, it affects the financial statements in several ways. First, it increases the liabilities on the balance sheet, as the employer now owes money to their employees for their work. This includes wages, salaries, bonuses, and any other compensation owed to the employees. Second, it reduces the cash balance on the balance sheet, as the employer is now obligated to pay out these amounts. Finally, it may also impact the income statement, as the expenses associated with payroll will be recognized, such as payroll taxes and benefits. Overall, recording payroll obligations is an important part of an employer's financial reporting process and ensures that they are accurately reflecting their financial position and obligations to their employees.
A debit for the salary in its entirety and a credit for the net earnings are included in the entry to record a company's monthly obligation for a payroll period for all employer's.
Payroll obligations that an employer records for a payroll period have a variety of effects on the financial statements. Due to the fact that the employer now owes their employees money for their job, it first raises the liabilities on the balance sheet.
This covers the payment of the employees' wages, salaries, bonuses, and other benefits. Second, because the employer must now pay these sums, it lowers the cash balance on the balance sheet. Finally, since the payroll-related costs, such as payroll, will be recorded, it can also have an effect on the income statement.
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The accompanying table shows a portion of the annual returns (in %) for a technology mutual fund and an energy mutual fund from 1982 through 2018.
a. Which fund had the higher reward over this time period?
__________ since it has _________ ___________
b. Which fund was riskier over this time period?
__________ since it has _________ ___________
a) The technology fund had the higher reward over this time period since it has a higher average annual return.
b) The energy fund was riskier over this time period since it has a higher standard deviation of annual returns.
a. To determine which fund had the higher reward over this time period, we need to calculate the average annual return for each fund and compare them. The technology fund had an average annual return of 10.22%, while the energy fund had an average annual return of 8.02%.
b. To determine which fund was riskier over this time period, we need to look at the standard deviation of the annual returns for each fund. The technology fund had a standard deviation of 18.25%, while the energy fund had a standard deviation of 23.88%. A higher standard deviation indicates more variability in returns and higher risk.
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me and my group members have to put on a act about (what happens if u don't pay enough attention to the task your doing in the workshop) so it's basically about what what would happen if you don't pay attention any suggestions on what we can say or do
In the act, you can start by showing that many students are attending the workshop and everyone is paying attention to it. When the task was assigned everyone was able to complete it but one student was not able to because he or she was not paying attention.
What is attention?Attention in psychology is the concentration of awareness on some phenomenon to the exclusion of other stimuli. A process of selectively concentrating on a discrete aspect of information, whether considered subjective or objective. William James wrote that "Attention is the taking possession by the mind, in clear and vivid form, of one out of what seem several simultaneously possible objects or trains of thought. Focalization, concentration, of consciousness are of its essence.
Attention has also been described as the allocation of limited cognitive processing resources.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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The W-4 tax form is used to?
Answer:
use compute the amount of federal income tax to deduct and withhold from the employee's pay
Explanation:
Answer:
tell your employees how much federal income tax to withhold from your paychecks to send to the IRS
Explanation:
g Suppose the own price elasticity of demand for good X is -3, its income elasticity is 2, and the cross price elasticity of demand between good X and Y is -5. Determine how much the consumption of this good will change if: 1. The price of good X increases by 5% 2. The price of good Y increases by 12%
Answer:
Sry, I can't understand anything at all!
how do marketers reach and effectively persuade their audiences?
By using targeted marketing, you can more successfully reach your audience. Whether you're using social media ads or ads, each one offers sophisticated targeting ideas to help you find your target market.
What is advertising and how does it aid in marketing and audience reach?Through paid channels, advertising is a marketing method that allows you to communicate with prospective consumers about your goods or services. The goal of marketing for a small company may be to increase brand recognition, enhance your reputation, increase engagement, produce leads, or turn prospective leads into customers.
How do marketers convince customers?In order to persuade consumers to purchase goods or services, advertisers employ persuasive strategies like emotional appeals, peer pressure, source credibility, and repetition.
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In Year 1, Kane's residence had an adjusted basis of $250,000 and it was destroyed by a tornado (in a federally declared disaster area). An appraiser valued the decline in market value at $425,000. Later that same year, Kane received $200,000 from his insurance company for the property loss and did not elect to deduct the casualty loss in an earlier year. Kane's Year 1 adjusted gross income was $100,000. What total amount can Kane deduct as a Year 1 itemized deduction for casualty loss, after applying any limitations?
Answer:
The total amount that Kane can deduct as a Year 1 itemized deduction for casualty loss is $39,900.
Explanation:
According to the Internal Revenue Service (IRS), Disaster Area Losses in a federally declared disaster refers the occurrence of a disaster in an area that the President has declared to be eligible to enjoy federal assistance under the Robert T. Stafford Disaster Relief and Emergency Assistance Act.
Since Kane's residence falls into the category of personal-use property or it is not totally destroyed, the amount of loss of the property is the lesser of the adjusted basis of the residence, $250,000, and the decline in market value determined by the appraiser, $425,000. Based on this, the amount of loss of the residence is $250,000.
The total amount that Kane can deduct as a Year 1 itemized deduction for casualty loss can therefore therefore be calculated as follows:
Particulars Amount ($)
Loss amount 250,000
Amount from insurance (200,000)
Loss of the Taxpayer's 50,000
Deduct $100 (100)
Eligible Loss 49,900
Limitation of 10% annual gross income (10,000)
Loss to be deducted 39,900
Therefore, the total amount that Kane can deduct as a Year 1 itemized deduction for casualty loss is $39,900.
a manufacturer actively monitors a foreign country's political events whenever a supply chain disruption occurs within the country that exceeds 90 days. according to the coso enterprise risk management principles, the manufacturer is following which of the following risk-response strategies?
The risk-response strategy followed by the manufacturer, as described in the scenario, aligns with the principle of "Monitoring and Responding to Change" from the COSO Enterprise Risk Management (ERM) framework.
The COSO ERM framework provides guidance on how organizations can effectively manage risks. One of the key principles is "Monitoring and Responding to Change," which emphasizes the importance of actively monitoring internal and external events that may impact the achievement of objectives and responding accordingly.
In this case, the manufacturer is actively monitoring political events in a foreign country. When a supply chain disruption occurs within the country and exceeds 90 days, they respond by taking action. By monitoring the events and reacting to significant disruptions, the manufacturer demonstrates a proactive approach to risk management.
The manufacturer is following the risk-response strategy of "Monitoring and Responding to Change" from the COSO ERM framework by actively monitoring political events and taking action when supply chain disruptions in the foreign country exceed 90 days. This approach helps the manufacturer mitigate and address risks in a timely manner.
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Baxter is looking over his monthly budget. Specifically, he's considering the direct deposits that came through this week from his job with a biotech company and from the tenant who rents a small condo that he owns. What kind of money is Baxter reviewing?
A. income
B. inflation
C. personal risk
D. opportunity cost
Answer:
A, "Income"
Explanation:
Gradpoint
which of the following is not an example of real A/c?a. Machineryb. Buildingc. Cashd. Creditor
A creditor is not an example of a real A/c. Therefore, the correct answer is D: "Creditor".
A real A/c is an account that is related to an asset, such as machinery, building, and cash. A creditor is a person or entity that is owed money and therefore does not fall under the category of a real A/c. Here is an example of a real A/c: a company's inventory account. This account would include the value of all the products that the company has in stock and is an asset for the company.
Therefore, it is concluded that a creditor is not an example of a real A/c and option D is the correct answer.
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A resident has been diagnosed with dementia. Which action would the nursing assistant take while assisting the resident with his meal
When assisting a resident with dementia during mealtime, the nursing assistant should take the following actions to ensure a safe and pleasant dining experience: Use clear and simple language: Speak slowly and clearly, using simple and familiar words.
Avoid using complex sentences or jargon that may be difficult to understand.
Provide one task at a time: Break down the meal preparation process into smaller, manageable tasks. For example, offer to help the resident choose their food items from the menu, or set the table for the meal.
Offer choices: Allow the resident to make choices where possible, such as choosing their food items or drinks. This can help boost their confidence and sense of control.
Use visual cues: Use pictures or symbols to help the resident understand what is being served. This can be especially helpful for those with visual impairments.
Encourage social interaction: Encourage the resident to engage in conversation during mealtime. This can help stimulate their cognitive function and reduce feelings of isolation.
Be patient: Dementia can cause confusion and frustration, so it's important to be patient and understanding. Avoid getting upset or impatient if the resident takes longer to eat or makes mistakes.
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When assisting a resident with dementia during mealtime, the nursing assistant would take several actions to provide appropriate support and ensure the resident's well-being.
Establish a calm environment: Create a peaceful atmosphere by minimizing distractions, reducing noise, and maintaining a consistent routine. This helps the resident focus on their meal and reduces agitation or confusion.
Provide clear and simple instructions: Use simple, step-by-step instructions to guide the resident through the meal. Break down tasks into manageable parts and give one instruction at a time to avoid overwhelming them.
Offer assistance as needed: Observe the resident's abilities and provide assistance accordingly. This may involve cutting food into smaller pieces, assisting with utensils, or providing verbal cues and reminders to eat or drink.
Maintain dignity and respect: Treat the resident with dignity, respect, and patience. Allow them to make choices whenever possible and encourage independence in eating. Offer assistance discreetly and with a supportive approach.
Monitor food intake: Observe the resident's eating patterns and ensure they are consuming an adequate amount of food and fluids. If difficulties arise, such as swallowing problems, report them to the appropriate healthcare professionals for further evaluation and guidance.
By taking these actions, the nursing assistant can create a supportive and comfortable environment for the resident with dementia, promote their independence, and ensure they receive the necessary assistance to meet their nutritional needs.
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A clothing store manager was called to the front of the store to help an employee deal with an irate customer. The manager listened to the customer and was able to calm him down and get him what he needed. After the customer left, the manager noticed the employee trying to fight back tears. The manager took the employee to a quiet spot and said, "I'm sorry that happened. Being yelled at is never pleasant. Do you need to take a break for a few minutes?" Which of the following statements best describes the manager's response to his employee and how it helped improve his relationship with her?A. The manager's empathy greatly improved his relationship with his employee by showing understanding and appreciation for what she experienced.B. Actively listening to the employee helped the manager deal effectively with the situation and calm the employee down.C. The manager mirrored the employee's actions and emotions in order to better relate to her.D. The situation was difficult for both the customer, who was unhappy, and the employee, who felt attacked, and it was important to remove the customer as quickly as possible, which was done.
The manager's empathy greatly improved his relationship with his employee by showing understanding and appreciation for what she experienced is the statement that best describes the manager's response to his employee and how it helped improve his relationship with her. Thus, option A is correct.
Empathy refers to an individual's capacity to understand and experience the feelings of others. When the store manager takes the employee to a quiet place and says, "I'm sorry that happened. Being yelled at is never pleasant.
Do you need to take a break for a few minutes?" the store manager's empathy greatly improves his relationship with his employee by showing understanding and appreciation for what she experienced.
The employee was feeling terrible and stressed out, and she was on the verge of tears, but the store manager's caring approach helped her feel better, which was a really effective way of resolving the situation.
The store manager's empathy towards the employee was beneficial because it was an indication of respect and validation for her, making her feel seen, recognized, and appreciated.
The employee felt supported and safe, and as a result, her relationship with the manager improved considerably. Thus, option A is correct.
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Describe the Measure Phase. Be sure to explain how a Data Collection Plan and the Baseline Data all ties into the measure phase. 4. Describe the Measure Phase. Be sure to explain how a Data Collection Plan and the Baseline Data all ties into the measure phase.
The measure phase is the second stage of the Six Sigma DMAIC process, which seeks to enhance product, service, and process quality by reducing variability and defects.
This stage entails the selection and evaluation of metrics, the collection of data, and the creation of a baseline. To ensure that the process measures what it is intended to measure, a Data Collection Plan is developed. In order to have a successful measure phase, data must be collected.
The data collected from a sample should be sufficient enough to validate that the population meets the specification limits. The first step in data collection is to determine what needs to be measured. Data collection plans are the perfect tool to help an organization record the data necessary to make sound decisions.
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How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
CAN SOMEONE WITH SOME BUSINESS KNOWLEDGE HELP ME PLEASE!
The main business functions and their roles.
Review questions
1. Which business function is concerned with ensuring that products are produced to meet the quality standards expected by customers?
2. Name the business function involved in developing and selling products that meet customer needs.
3. Which sector is involved in making sure that the company has the employees it needs to run its operations?
4. Which business function is responsible for ensuring that the company has the funds it needs to carry out its operations?
5. Which business department is responsible for ensuring that employees are adequately compensated (salary-wage)?
6. Name the business function that must ensure that the correct quantity of a good or service is produced.
7. Which sector is responsible for researching and determining the wants and needs of different groups of consumers?
8. The management of the company wants to provide an extra benefit to its employees, other than a salary increase, for example, offering cafeteria and/or cafeteria service. What type of information should be consulted with each sector (HR, OPERATIONS, FINANCE AND MARKETING)?
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Answer:
marketing is the business functions involved in developing and selling products that meet customer's need.
inventory at the beginning of the year cost $13,300. during the year, the company purchased (on account) inventory costing $83,500. inventory that had cost $79,500 was sold on account for $94,600. at the end of the year, inventory was counted and its cost was determined to be $17,300.a) Calculate the cost of goods sold.b) What was the dollar amount of Gross Profit?c) Prepare journal entries to record these transactions, assuming a perpetual inventory system is used.
a) Calculation of the cost of goods sold:
In order to calculate the cost of goods sold, we will use the following formula:
Beginning inventory + Inventory purchased - Ending inventory = Cost of goods sold
The given values are:
Beginning inventory = $13,300
Inventory purchased = $83,500
Inventory sold = $79,500
Inventory remaining = $17,300
Now let's plug in these values into the formula:
Cost of goods sold = $13,300 + $83,500 - $17,300
= $79,500
Therefore, the cost of goods sold is $79,500.
b) Calculation of Gross Profit:
To calculate the Gross Profit, we will use the following formula:
Revenue - Cost of goods sold = Gross Profit
The given values are:
Inventory sold = $79,500
Revenue from sales = $94,600
Now let's plug in these values into the formula:
Gross Profit = $94,600 - $79,500
= $15,100
Therefore, the Gross Profit is $15,100.
c) Journal entries to record these transactions:
Given that a perpetual inventory system is used, we need to make journal entries for every transaction. Journal entries for the given transactions are as follows:
To record the purchase of inventory on account:
Inventory A/c ……Dr 83,500
Accounts Payable A/c ……Cr 83,500
(Being purchase of inventory made on account)
To record the sale of inventory on account:
Accounts Receivable A/c ……Dr 94,600
Sales A/c ……Cr 94,600
(Being the sale of inventory made on account)
To record the cost of goods sold:
Cost of goods sold A/c ……Dr 79,500
Inventory A/c ……Cr 79,500
(Being the cost of goods sold during the year)
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The Future Business Leaders of America (FBLA) is the best organization to
join for which of the following people?
A. A performing arts student who's going to theatre school
B. A high school student interested in management
C. A graphic design student who loves to draw and paint
OD. A culinary arts student who's going to study overseas
The Open Door policy was designed to Group of answer choices protect American access to the China trade without resorting to war. all of the above prevent the United States from being excluded from the China markets. keep the markets of China open to the United States.
Answer:
keep the markets of China open to the United States
Explanation:
The Open Door policy was designed by the United States in 1899 and 1900.
The purposes of the policy include :
protection of equal privileges of China's trade partners. This meant that all of China's trading partners were to have equal access to all China's ports open for trading protection of China's administrative and territorial integrityWhat factor counts the least in calculating a person's credit score?
Rent and utility payments: In most cases, your rent payments and your utility payments are not reported to the credit bureaus, so they do not count toward your score.
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a copy company wants to expand production. it currently has 20 workers who share eight copiers. two months ago, the firm added two copiers, and output increased by 40,000 pages per day. one month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. a copier costs about three times as much as a worker. assume these
Question: A Copy Company Wants To Expand Production. It Currently Has 20 Workers Who Share Eight Copiers. Two Months Ago, The Firm Added Two Copiers, And Output Increased By 40,000 Pages Per Day. One Month Ago, The Firm Added Five Workers, And Productivity Also Increased By 25,000 Pages Per Day. A Copier Costs About Three Times As Much As A Worker. Assume These
Hire another worker or purchase a new printer?
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A copy company wants to expand production. It currently has 20 workers who share eight copiers. Two months ago, the firm added two copiers, and output increased by 40,000 pages per day. One month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. A copier costs about three times as much as a worker. Assume these increases in productivity per worker and productivity per copier are good proxies for future increases in productivity when hiring additional workers or purchasing additional copiers. Based on this information, the copy company should hire another worker in order to expand output.
Based on the information provided, the copy company should hire another worker to expand output.
This conclusion is based on the fact that adding two copiers increased output by 40,000 pages per day, while adding five workers increased productivity by 25,000 pages per day.
Since the cost of a copier is about three times the cost of a worker, it would be more cost-effective to hire another worker rather than purchasing a new copier. By doing so, the company can further increase its output and productivity.
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