A manager needs to delegate some tasks. Manager should prioritize the qualifications of the person regarding the task when identifying the appropriate person to whom to delegate a specific task.
Delegation is the vital management skill. But for some managers it is the hardest thing to put into practice.
There are many reasons about why the managers may shy away from their delegating work. They might:
Think that it would take a longer time to explain the task more than actually completing it themselves
Want to feel indispensable about their team by acting as the keeper of specific knowledge
Enjoy the completing of certain projects so they prefer not to reassign them
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when employees respond to an unusual situation by changing their normal behavior, they engage in group of answer choices adaptive task performance disruptive task performance creative task performance routine task performance
When employees respond to an unusual situation by changing their normal behavior, they engage in adaptive task performance.
Adaptive performance is an aspect of performance of employees that reflects the acquisition of enhanced skills in response to change. Micro-level researchers have hypothesized that adaptive performance is beneficial for task performance.
Adaptive His performance stands as creative, problem-solving, determined, innovative, and civic. This enables organizations to create value in a world filled with volatility, uncertainty, complexity, and ambiguity where technology and strategy change rapidly.
As a component of overall employee performance, adaptive performance refers to an individual's ability to change behavior to meet the demands of a new environment. This concept is particularly relevant for companies facing complex and volatile business situations.
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What happens to the equilibrium price and equilibrium quantity when demand and supply decrease simultaneously, but the relative size of the shifts are not known?.
What will happen is that the equilibrium quantity may rise, fall, or remain the same, and the equilibrium price will fall.
The equilibrium quantity of a good is that which corresponds to the point where the supply and demand curves intersect in the market, at a given price. Therefore, we can say that it is the quantity that producers are willing to sell, and consumers are willing to buy. All this at a price that allows both parties to agree. This, in turn, is the equilibrium price of a perfectly competitive market. In this theoretical situation there is no shortage or excess in the market.
In it, there is a supply curve (O) and a demand curve (D). For simplicity, we use the equation of the line. Both represent all producers and. Therefore, they are the production and consumption preferences of a type of good.
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According to the cost-benefit principle, you should spend an additional hour studying for an exam if, and only if?
The cost-benefit analysis dictates that you should study for an extra hour only if the advantages outweigh the expenses.
The required details for cost in given paragraph
A cost is the worth of money that has been expended in the production or delivery of a good or service and is therefore no longer accessible for use in accounting, retail, research, or accounting. In business, the cost may be one of acquisition, in which case the cost is the sum of the money used to obtain it. In this instance, the input required to obtain the item is money.
The cost of production incurred by the original producer plus additional transaction costs incurred by the acquirer may be included in this acquisition cost.
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The bcg matrix classifies products which have a high market share in a low growth market as __________.
The bcg matrix classifies products which have a high market share in a low growth market as cash cows.
What is cash cows?
A cash cow is a company enterprise that consistently produces earnings that are significantly higher than the capital investment needed to launch or acquire it. Since they can be utilized to increase a business's overall income and to support less profitable efforts, many businesses try to establish or buy such operations.
Therefore,
The bcg matrix classifies products which have a high market share in a low growth market as cash cows.
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The ethical principle of _____ has been violated if a researcher decides to place participants he finds more attractive into the experimental condition he believes has the greatest benefit.
The ethical principle of justice has been violated if a researcher decides to place participants he finds more attractive into the experimental condition he believes has the greatest benefit.
There are certain research ethics which tend to provide guidelines for the responsible conduct of research. In addition, it also educates and monitors researchers conducting research to ensure a high ethical standard.
The ethical principle of justice in a research may be defined as the ethical obligation in order to distribute the benefits and burdens of the research as fairly as possible.
Hence, researchers have an obligation in order to ensure that the means used to select research participants are equitable.
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Recently, a major cheese producer stopped its _________ program of giving cheese to food banks and summer youth programs in favor of its _______ initiative to reduce milk waste, improve nutritional value, treat the plant's water runoff, and hire employees from underrepresented groups at fair wages.
Answer:
Good
Explanation:
initiative to reduce milk waste, improve nutritional value, treat the plant's water runoff, and hire employees from underrepresented groups at fair wages.
a customer of landen consulting company makes a $400 payment of cash on a bill for services provided last month. record the receipt of cash in the accounting equation of landen consulting by: (check all that apply.)
The receipt of cash in the accounting equation of landen consulting by Equity + Liabilities = Assets.
How is the cash payment recorded?The books of Landen Consulting states that, the cash payment will be recorded as follows:
Debit Cash Account $400
Credit Account Receivables $400
(If the payment was made in the same month, then the above would have been the revenue)
Since both accounts that were affected are assets account, the Effect of the Transaction on the accounting equation is as follows,
Equity + Liabilities = Assets
Equity + Liabilities = Assets + Cash ($400) - Account Receivables ($400)
= Equity + Liabilities = Assets.
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You are thinking about buying a bond that offers a coupon rate of 6% but with semi-annual coupon payments. The bond has exactly 7 years remaining to maturity. The face value of the bond is $1,000. Your required return is 8. 16% per year. How much should you be willing to pay for this bond?.
Bonds with a $1000 face value and 6% semi-annual coupon payments should have an obligation to pay $30 (3% of 1000).
More about bonds:
A bond's coupon rate and yield to maturity are the same if the bond's initial price is close to its par value. The face value of a bond, often referred to as the proclaimed value of the bond at the time of filing and determined by the issuing business, is also known as the bond's par value. The majority of bonds have par values of $100 or $1,000.
The bond yield, which is a measurement of the income generated by a bond and is calculated as the interest divided by the price, is of greater importance to the bulk of fixed-income investors.
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What two conditions must hold for a competitive market to produce efficient outcomes?.
The two conditions must hold for the competitive market to supply efficient outcomes are Supply curves must reflect all costs of production, and demand curves must reflect consumers' full willingness to pay.
Supply curves must reflect all costs of production, and demand curves must reflect consumers' full willingness to pay. Consumer surplus: is that the difference between the utmost prices consumers are willing to pay money for a product and therefore the lower equilibrium price. Consumer surplus is an economic measurement of consumer benefits resulting from market competition. A consumer surplus happens when the value that buyers obtain a product or service is a smaller amount than the worth they're willing to pay. It is a measure of the extra benefit that buyers receive because they're paying less for something than what they were willing to pay.
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Which file has as its primary purpose to present comparative financial reports on a historic basis?
The Journal voucher history file has as its primary purpose to present comparative financial reports on a historic basis
What is a Journal voucher history file?The crucial data regarding an accounting transaction is kept on a document known as a journal voucher. The transaction date, description, and amount are all included on this voucher along with a special identification number. Along with the affected accounts, supporting citations to supporting documentation, and authorized signatures, it also includes the affected accounts.
As a documented authorization to record a transaction, a journal voucher serves as a crucial document that auditors review as part of their auditing processes.
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Garcia industries has sales of $207,500 and accounts receivable of $18,500, and it gives its customers 25 days to pay. The industry average dso is 27 days, based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8. 0% on any cash freed up by this change, how would that affect its net income, assuming other things are held constant? assume all sales to be on credit. Do not round your intermediate calculations.
Rates: 8%
Sales: 207,500
A/R: 18,500
Days in Year 365
Sales/Day: 568.50
DSO: 40
Industry DSO: 27
(x / 207,500) x 365 = 27
Solve for x = 15,349.31
x = This is the amount Accounts Receivable needs to be lowered to.
18500 - 15,349.31 = 3,150.69 decrease in Accounts Receivable
3,150.69 x 8% = 252.05 Interest earned and addition to net income.
Net income refers to the income of an individual or business after deducting expenses, allowances and taxes. In commerce, net income is what is left in the business after all expenses such as salaries and wages, cost of goods and raw materials, and taxes.
Is Net income the Same as Profit?
Profit simply means the remaining income minus expenses. It exists at multiple levels, depending on the type of cost that is deducted from the revenue. Net income, also known as net profit, is a single number that represents a particular type of profit. Net income is the famous last line of financial statements.
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you decide to buy 1,400 shares of stock at a price of $60 and an initial margin of 70 percent. what is the maximum percentage decline in the stock price before you will receive a margin call if the maintenance margin is 30 percent?
If the maintenance margin is 30%, the greatest percentage decrease in the stock price before you receive a margin call is 57%.
The maintenance need is another name for the maintenance margin. It is clear from the phrase itself that it refers to the bare minimum equity that must be preserved.
At the price of $60 per stock, the margin is at 70%.
60 / 0.7 = 85.714
Therefore the 100% is 85.714.
85.714 * 0.30 = 25.714
$25.714 is the lowest price before you will receive a margin call.
60 - 25.714 = 34.286
34.286/60 = 57%
The Maintenance Margin: What Is It?The Financial Industry Regulatory Authority (FINRA) mandates that maintenance margin, which is the minimum equity an investor must keep in a margin account after a purchase has been made, be set at 25% of the total value of the assets in the account.
A maintenance margin call is what, exactly?An investor who receives a margin call from their broker is required to add more funds or securities to their account in order to bring it up to the maintenance margin, which is the minimum value that must be maintained in order to avoid a loss.
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2. reits don't have to pay corporate income taxes, but in return they face what major restriction? a) they have to hold at least 50% of their assets in government bonds. b) they have to sell any properties they develop within four years of the date of completion of construction. c) their directors must agree not to accept invitations to spend the night in the white house, except under a republican administration. d) they have to pay out 90% or more of their annual taxable income in dividends.
REITS don't have to pay corporate income taxes, but in return they have to hold at least 50% of their assets in government bonds.
What is REIT?The term "real estate investment trust" (REIT) refers to a business that owns, manages, or finances properties that generate revenue.Investors receive a consistent income stream from REITs, but nothing in the way of capital growth.Since most REITs are publicly traded like stocks, they are quite liquid (unlike physical real estate investments).The majority of real estate property types are invested in by REITs, including apartment complexes, cell towers, data centers, hotels, offices, retail centers, and warehouses.To learn more about REIT visit:
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the controller of the south charleston plant of ravinia, inc., monitored activities associated with materials handling costs. the high and low levels of resource usage occurred in september and march for three different resources associated with materials handling. the number of moves is the driver. the total costs of the three resources and the activity output, as measured by moves for the two different levels, are presented as follows:
To calculate the variable and fixed costs, we need to use the following formula:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= LAC - (Variable cost per unit* LAU)
Depreciation:
Depreciation is a 100% fixed cost. It does not vary with production levels.
Indirect labor:
Variable cost per unit= (105,600 - 66,000) / (16,000 - 5,000)
Variable cost per unit= $3.6
Fixed cost= 105,600 - (3.6*16,000)
Fixed cost= $48,000
Fixed cost= 66,000 - 3.6*5,000
Fixed cost= $48,000
Total cost= 48,000 + 3.6x
Fuel and oil for forklift:Variable cost per unit= (11,360 - 3,550) / (16,000 - 5,000)
Variable cost per unit= $0.71
Fixed cost= 11,360 - (0.71*16,000)
Fixed cost= 0
Fixed cost= 3,550 - 0.71*5,000
Fixed cost= $0
Total cost= 0.71x
What is fixed costs?In account and economics, fixed costs, also known as circular costs or overhead costs, are business charges that aren't dependent on the position of goods or services produced by the business.They tend to be recreating, analogous as interest or rents being paid per month.These costs also tend to be capital costs.This is in distinction to variable costs, which are volume- related( and are paid per volume produced) and unknown at the morning of the account time.Fixed costs have an effect on the nature of certain variable costs.Why fixed cost is important?The most significant benefit of fixed costs is they are easy to budget.You know over each period what these costs will be, and you don't need to make any budget lodgment if product increases suddenly.Learn more about fixed cost here:
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Not-for-profit organizations must meet specific guidelines in order to obtain tax-exempt status. These guidelines are structured by the.
To qualify for tax-exempt status, not-for-profit organizations must adhere to certain requirements. The Internal Revenue Service designed these regulations.
What is Non profit organization ?A nonprofit organization (NPO) is one that is not motivated by profit but rather by commitment to a particular cause that receives all funds received over and beyond what is required to maintain the organization.
As an outcome, the federal government grants NPOs tax-exempt status, which absolves them of paying income tax. Nonprofit organizations are widely used by trusts, cooperatives, advocacy, charitable, environmental, and religious organizations.
Hence, Internal Revenue Service is the answer.
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Describe an environment in which it would be common to bid for contracts with low profit margins. What does this environment suggest about the competition levels?
Low barriers to entry, a lack of economies of scale, and easier access to technology will an environment in which it would be common to bid for contracts with low-profit margins.
Low-profit margins are a sign of inefficient cost management and/or bad pricing tactics used by the organization. A low ratio may thus be caused by: management that is ineffective. A profit margin of 5% is regarded as low, a margin of 10% is normal, and a margin of 20% is good, according to the Corporate Finance Institute. That said, just because your small economies can have a better profit margin than other firms doesn't imply you're generating more money than they are. In highly competitive sectors, low-profit margins are frequently the outcome. To win clients, the majority of rival businesses compete on economies. Low selling prices do, however, ultimately damage all businesses, including the ones that survive.
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The amount of a good that sellers are willing and able to supply at a given price.
The amount of a good that sellers are willing and able to supply at a given price Quantity Supplied.
What is Quantity Supplied?The quantity supplied of a good is the amount of the good that sellers are willing and able to supply at a given price. This is different from a supply curve, which shows the entire relationship between the price of a good and the quantity of the good supplied. A supply schedule is a table that shows this relationship. The law of supply states that, other things being equal, the quantity supplied of a good increases when the price of that good rises. You can see the law of supply graphically in the upward-sloping supply curve.To learn more about Quantity Supplied, refer: https://brainly.com/question/25015777?referrer=searchResults
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decisions focus on how a company will spend its financial resources on long-term projects that ultimately determine whether the firm successfully creates value for its owners.
Investment decisions are made with an eye on how a business will allocate its financial resources to long-term initiatives that will ultimately determine whether the company is successful in adding value for its owners.
What is an Investment decisions?
A decision regarding how, when, where, and how much money will be invested is known as an investment decision. This decision is made by the directors or managers. Investing choice It has to do with how a company's funds are to be invested in various assets so that the company can generate the maximum feasible return for the investors. Long-term investment decisions, commonly referred to as capital budgeting when funds are committed on a long-term basis, are possible. The balances of cash, inventories, and debts are taken into consideration while making short-term investment decisions, commonly referred to as working capital decisions.There are long-term and short-term investment decisions.Decision tools are frequently used to support investment decisions.To know more about Investment decisions visit:
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If a bank pays 62 cents in non-interest expense per dollar of income, its _______ is equal to:_____.
a. overhead ratio
b. b. net non-interest margin
c. c. burden
d. efficiency ratio
e. noninterest expense ratio
If a bank pays 62 cents in non-interest expense per dollar of income, its efficiency ratio is equal to 0.62
The efficiency ratio is generally used to analyze that how well any company uses its assets and liabilities internally in the organization.
An efficiency ratio can also calculate the turnover of receivables or the repayment of liabilities
It also calculates the quantity and usage of equity and also the general use of inventory and machinery. This ratio can also be used to track and analyze the performance of different commercial and investment banks.
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Eddie is an inventive engineering new graduate who just started working for a large company that makes medical products for both hospital and patient use. one of his primary responsibilities is to initiate and develop new products to complement the firm's current product line. eddie's position is ________.
One of his primary responsibilities is to initiate and develop new products to complement the firm's current product line. eddie's position is intrapreneurial.
What is the product?A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.
An employee can behave like an entrepreneur inside of a corporation using a system called intrapreneurship. The intrapreneur mindset includes internal states, convictions, attitudes, and thought processes, and it defines results.
Eddie's key duties here are to develop new items to complement the firm's existing product range, demonstrating intrapreneurial characteristics.
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Do you agree with McDonald's minimizing their restaurant menu? What made it more
efficient? What has changed since this movie with menu items at McDonalds?
Yes, i am agree with McDonald's minimizing their restaurant menu.
By March 2017, McDonald's originally intended to fulfill their commitment on antibiotic-free chicken. The business was able to bring this transformation to its customers almost a year earlier than expected because to extensive cooperative work with its farmers and suppliers. All of McDonald's chicken products, including the brand-new Poultry McNuggets , are now manufactured with chicken that has not been given antibiotics crucial to human health.
According to Dr. H Morgan Scott, a professor of epidemiology in the Department of Veterinary Pathobiology at Texas A&M University, that "I commend initiatives like those made by McDonald's to significantly limit the use of medically critical antibiotics in its animal agricultural food supply chain in close cooperation with its suppliers and poultry farm".
McDonald's and its suppliers have attempted to find suitable substitutes for maintaining the welfare of the animals without compromising broiler flock health. Industry leaders' sourcing choices, like those of McDonald's, have a tremendous deal of ability to promote proper antibiotic management throughout the global food animal industries.
What made it more efficient?As the business develops, McDonald's USA announced a number of changes to its menu. This comprises:
Several products, including its renowned Chicken McNuggets , that don't contain artificial colors or flavors are being rid of artificial preservatives. The scrambled eggs on its breakfast platters and the pork sausage patties and omelet-style eggs offered on McGriddles, Bagel and Biscuit breakfast sandwiches are now also free of artificial preservatives. This month, new buns that don't contain high fructose corn syrup will be introduced, including those that go on Filet-O-Fish, Big Mac, Quarter Pounder, hamburger, and cheeseburger sandwiches. High fructose corn syrup was never present in the Artisan roll that was first released in 2015. Roughly a year ahead of schedule, a significant pledge to only offer chicken that has not been given an antibiotic treatment was fulfilled.The modifications affect the ingredients in roughly half of the items on the McDonald's menu.
More than ever, consumers are concerned about their food's origins, ingredients, and preparation methods, according to Mike Andres, president of McDonald's USA ".We're making adjustments to make sure the food we're proud of is also food that customers enjoy and feel good about eating, and we're still committed to McDonald's ongoing food journey"
What has changed since this movie with menu items at McDonalds?announcing an industry-leading pledge to acquire 100% cage-free eggs in the US and Canada by 2025 in September 2015. The Humane Society of the United States reports that more than 100 businesses have since made similar announcements, demonstrating the positive impact on the sector as a whole.In June 2015, fresh romaine, baby spinach, and baby kale replaced the iceberg lettuce in McDonald's premium salad blend. In June 2016, Tuscan red leaf lettuce and ribbon-cut carrot curls were added as further improvements. At least 2.5 cups of veggies are included in the freshly made Premium Salads.By switching from margarine to 100% real butter* and keeping a freshly cracked Grade A egg at the core of the dish, McDonald's is reviving its iconic Egg McMuffin.Go-GURT low fat yogurt and milk for its low-fat milk jugs come from cows not given the synthetic growth hormone rbST*.In August 2015, unveiled Buttermilk Crispy Chicken, a dish created with real buttermilk, only chicken breast filet, and a blend of spices including black pepper, garlic powder, and onion powder. Following the launch of artisan grilled chicken in March 2015, this happened.
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Your friend meets you for coffee one day driving a brand new motor scooter. You immediately fall in love with it and offer them $2,000 for it. Your friend politely declines and states they paid $3,000 but goes on to say i may sell you my scooter, if you pay $2,700. If your friend later refuses to go through on the deal, can you hold them liable for breach of contract?.
If your friend later refuses to go through on the deal, No, you cannot hold them liable for breach of contract because there was not any consideration.
A binding agreement which is legally enforceable and that establishes, or defines as well as it controls the parties' respective rights and responsibilities in relation to one another are called a contract.
In most of the cases, the exchange of commodities and services, or monetary value takes place during the course of the contract, or the parties involved commit to doing so at a later time.
Because there was not any consideration exchanged between the parties, you will not be able to hold your freind accountable for a breach of contract in the event that they subsequently back out of the arrangement.
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Bruce, whose primary job is supervising a small production group, is not getting cooperation from all members on the cross-functional team he leads. In particular, keylani, a senior marketing manager, seems to resist his direction and tries to influence team members to go in another direction. The source of conflict in this case may be?.
Differential status
What kind of circumstance results when team members experience pressure to agree with the group's opinions and choices?The term "groupthink" was first used by a social psychologist by the name of Irving Janis. It refers to a psychological phenomenon that happens when a well-intentioned group works together to make decisions and strives for harmony and consensus. Decisions made as a result of this are not the best ones, and the group tends to conform.
Which result might you anticipate from a lot of disagreement at work?Too little conflict in work groups, departments, or organizations sometimes results in lethargy, a lack of innovation, indecision, and missed deadlines. On the other side, excessive conflict can undermine organizational effectiveness due to internal politics, discontent, a lack of teamwork, and turnover.
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Jen mullin, the vice president of marketing for numi organic tea, describes their typical customer as a female, college-educated tea lover, possibly an eco-mom. What type of market segmentation has she used to identify this customer group?.
b. Demographic segmentation is the type of market segmentation used by Jen Mullin to identify this customer group.
In the field of business, we can describe demographic segmentation as a kind of business strategy in which an organization targets specific people for purchasing its products.
Under this kind of segmentation, a company focuses on a specific group of people segmented through various factors and designs such kinds of products that are made to suit their needs.
In the case above, Jen Mullin has segmented the customers for his Numi organic tea on the basis of gender basically along with some other factors. Hence, this is an example of demographic segmentation of the customer group.
Other options, such as ethnic segmentation, are not correct as in such a segmentation factors such as religion or race are used for segregating customers.
Although a part of your question is missing, you might be referring to this question:
Jen Mullin, the vice president of marketing for Numi organic tea, describes their typical customer as a female, college-educated tea lover, possibly an eco-mom. What type of market segmentation has she used to identify this customer group?
a. Geographic segmentation
b. Demographic segmentation
c. Ethnic segmentation
d. Psychographic segmentation
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Khalil is looking to attend a networking event that will help him meet many people and businesses focused on the same or supplementary markets as his company. What type of event should Khalil look at attending to best meet his goal?
A. A prospect meeting
B. A crowdfunding event
C. A team-building activity
D. A trade show
The trade show is the type of event that Khalil has to be looking at attending to best meet his goal.
What is a trade show?This can also be referred to as the trade fair. This is the type of exhibition that people would have to engage in that would have to ensure that companies and individuals are able to come out in order to showcase the products that they have. The goal is to be able to show off their latest products to the public in order to improve sales.
Hence we can say that the trade show is the type of event that Khalil has to be looking at attending to best meet his goal.
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If a furniture maker targets the consumer and business markets for office desks with separate marketing mixes for each, it is using the _______.
If a furniture maker goals the consumer and enterprise markets for office desks with separate marketing mixes for every, it's miles using the differentiated method.
Consumers can be either a person or institution of individuals who purchase or use items and offerings solely for personal use, and not for production or resale. they're the give up-customers inside the sales distribution chain. A purchaser is a person or a collection who intends to reserve, order, or make use of purchased goods, products, or services frequently for personal, social, circle of relatives, household, and comparable desires, no longer directly associated with entrepreneurial or business sports.
The definition of a consumer is a person that buys items and offerings. An example of a customer is a person who purchases a brand-new television. A heterotrophic organism feeds on different organisms in a food chain. A client approach any character who buys any items and hires any carrier or offerings for attention that has been paid or promised or in part paid or in part promised or under any system of deferred bills.
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on october 1, 2021, pastina signed a $53,400 note that requires interest to paid annually on september 30 at 12% and will have principal due in 10 yea
In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. It is distinct from a fee that the borrower may pay the lender or some third party.
Requirement 1: Prepare to adjust entries as follows:
Item Account Title and Explanation Debits Credits
1 Depreciation expense $12,000
Accumulated depreciation - equipment $12,000
To record adjustment for depreciation expense
2 Salaries expense $1,800
Salaries payable $1,800
To record adjustment for salaries expense
3 Interest expense ($54,000 × 12%) × 3 ÷12 $1,620
Interest payable $1,620
To record adjustment for interest expense
4 Interest receivable ($24,000 × 8%) × 10 ÷12 $1,600
Interest revenue $1,600
To record interest revenue accrued
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Think about a time when you tried to communicate an idea to someone who didn’t respond the way you had hoped. In three to four sentences, describe the situation and what you could have done differently to communicate your message.
Communicating an idea with the use of proper communication technique can be done if the person does not get the message you want to give.
If you want to communicate an idea to a particular person you can use various ways like giving explanations, using examples ,asking direct or indirect questions in the way you will get answers you want. Do not put anyone in imaginative situations.
The other way can be you can precise your message and keep it to the point so that it is easy to understand and communicate to get the response.
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A+bank+loan+officer+offers+you+a+loan.+you+agree+to+pay+$16,000+in+interest+plus+repay+the+$175,000+at+the+end+of+one+year.+what+is+the+percent+interest+rate+or+effective+cost?+9.14%
Economic study that examines the relative costs and results of various action plans is known as cost-effectiveness analysis. Cost-effectiveness analysis is different from cost-benefit analysis, which gives the measure of effect a monetary value.
The Effective Cost will be 9.14%CALCULATION
.Therefore, 9.1421% is the effective rate
(16000 ÷ 175000 x 100 = 0.091428571 x 100B). 9.89% is the effective rate. Interest is calculated as follows:
175000 x 9%
The loan's net profit is calculated as 175000 -15750,
which is $ 159,250. Effective rate is determined by: 15,750 ÷ 159250 x100= 9.89%C) I would like a loan with a 16000 interest payment due at the end of the year based on lower costs.
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jason thomas has invested $200,000 in a privately held family corporation. the corporation does not do well and must declare bankruptcy. what amount does thomas stand to lose? a. up to his total investment of $200,000. b. zero. c. the $200,000 plus any personal assets the creditors demand. d. $100,000.
Option (a) up to his total investment of $200,000 is correct.
Thomas stand to lose up to his total investment of $200,000.
Due to their separation from the company and the fact that this corporation is privately held, the shareholders are not personally liable in the event of bankruptcy.They will, nevertheless, be held liable in an amount equal to the capital they invested. In this instance, Jason invested $200,000; therefore, should the business file for bankruptcy, Jason would only be responsible for the $200,000 that Thomas invested.What is bankruptcy?A person or other entity that cannot pay their debts to creditors may seek relief from some or all of their debts through the legal process known as bankruptcy. Most commonly, the debtor initiates a court order requiring bankruptcy before it can be implemented.Learn more about bankruptcy here:
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