A woman is selected by a marketing company to participate in a paid focus group. The company says that the man was selected because his name is among the first 200 in the phone number listings. -- Convenience sampling
What is convenience sampling?
Convenience sampling involves using respondents who are 'convenient' to the researcher. There is no pattern that wins these respondents. For example, you can gather respondents by simply interviewing people on the street, in public buildings, or at work.
What is an example of convenience sampling?
A basic example of a convenience sampling method is when a company distributes promotional brochures and asks questions in a shopping mall or busy street with randomly selected participants. Companies use this convenience sampling method to collect information and address critical issues arising from the market.
Why is convenience sampling used?
Convenience sampling is usually collected in easily accessible populations. The data is readily available, allowing researchers to collect pilot data using convenience sampling or to explore hypotheses that can be tested in future studies.
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In the buying center, ryan answers the phones, receives and opens the mail, and monitors the incoming email. He sorts through all the sales solicitations and forwards the most interesting ones to his boss. Which role is he playing in this decision-making unit?.
Ryan is playing the role of gatekeeper in this decision-making unit.
An organization's decision-making unit is a collection of people who take part in the decision-making process for acquiring goods and services (DMU). It is sometimes referred to as an organization's "purchasing center."
The decision-making unit is crucial in B2B because it aids organizations in concentrating on the requirements of their target market, learning more about their clients, making wiser decisions, and saving time and money. A gatekeeper is exactly what it sounds like: a person stationed at a gate to screen out unwelcome visitors. The person in charge of selecting who can contact the decision-maker is responsible for avoiding disruption from intrusive visitors and callers.
The information distribution within the DMU, or decision-making unit, is the gatekeeper's responsibility. The Gatekeeper controls the information that will be provided to a certain player, and as a result, they have a significant impact on that player's ability to make decisions.
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mobile company uses activity-based costing. one of their products, a phone, requires 20 setup activities at $50 per setup and 15 design changes at $1,000 per design. if mobile company produces 2,000 phones, what is the total overhead cost per unit?
Total overhead cost per unit is $8
20 x $50 = 1,000
15 x 1,000 = 15,000
1,000 + 15,000 = 16,000
16,000/ 2,000 = $8
In the world of business, a continuing cost of running a company is referred to as overhead or overhead charge. Unlike operating expenditures like raw material and labor, overheads cannot easily be linked to or recognized with any one revenue unit. As a result, overheads cannot be clearly linked to the goods or services being provided, which means they do not produce profits. Nevertheless, expenses are nevertheless essential to business operations since they give the company the necessary backing to engage in profitable activities. For instance, overhead expenses like the rent for a factory enable employees to produce goods that may later be sold for a profit. These costs are incurred for production generally rather than a specific work order;
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Hercules inc. manufactures elliptical exercise machines and treadmills. the products are produced in its fabrication and assembly production departments. in addition to production activities, several other activities are required to produce the two products. these activities and their associated activity rates are as follows: activity activity rate
fabrication $30 per machine hour
assembly $14 per direct labor hour
setup $53 per setup
inspecting $26 per inspection
production scheduling $15 per production order
purchasing $12 per purchase order
the activity-base usage quantities and units produced for each product were as follows:
activity base elliptical machines treadmill
machine hours 1,666 983
direct labor hours 479 187
setups 51 16
inspections 736 442
production orders 63 13
purchase orders 170 104
units produced 271 182
use the activity rate and usage information to determine the total activity cost and activity cost per unit for each product.
First, we need to allocate costs using the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Elliptical Machines:
Rate Fabrication= 30*1666= 49,980
Assembly= 14*479= 6,706
Setup= 53*51= 2,703
Inspecting= 26*736= 19,136
Production scheduling= 15*63= 945
Purchasing= 12*170= 2,040
Total allocated costs= $81,510
Treadmill:
Rate Fabrication= 30*983= 29,490
Assembly= 14*187 = 2,618
Setup= 53*16 = 848
Inspecting= 26*442 = 11,492
Production scheduling= 15*13 = 195
Purchasing= 12*104 = 1,248
Total allocated costs= $45,891
Finally, the unitary costs:
Elliptical Machines= 81,510 / 271 = $300.77
Treadmill= 45,891 / 182= $252.15
Unit cost is the total expense incurred by a business to produce, store, and sell one unit of a particular product or service. Unit cost is equivalent to cost of goods sold (COGS). This accounting variable includes all fixed and variable costs associated with producing goods or services.
What is the unit cost formula?
Use the unit cost formula to determine the unit cost. The formula for unit cost is cost per unit = variable cost + fixed cost / total number of units produced.
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a company is in its first month of operations. on january 1, the company pays 3 months of rent in advance for $2,100. what adjusting entry would be made at the end of january? post the adjusting entry for the scenario provided.
Rent Expenses for 1 month will be ($2,100/ 3 Months) * 1 month = $700
calculate the adjusting entry for the scenario provided.Adjusting entry for the prepaid rent on January 31:
Jan. 31 Rent expense $700
Prepaid rent $700
( To record rent expense for January )
Rent Expenses for 1 month will be ($2,100/ 3 Months) * 1 month = $700
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systems, including both business systems, and educational systems, are actually very simple. the main idea is that systems have parts that fit together to make a whole. what is "interesting is how those parts are connected together" (frick, 1991).
For the student version, paraphrasing plagiarism is accurate. Thus, option B is correct.
Plagiarism refers to copying or using words from the reference source to create one's product. It can be referred to as using another person's idea as one's own.
Word-by-word plagiarism refers to the process of plagiarism where nothing is changed, and every word is copied from the source content. This kind of plagiarism is very easy to catch as a person does not change anything and simply copies it.
Paraphrasing plagiarism refers to plagiarism that is done while paraphrasing content. Paraphrasing means writing the given passage in one's own words. However, if phrases and words are copied from the source during paraphrasing, it is called paraphrase plagiarism.
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You will find the entire question below:
The concept of systems is quite simple. The basic idea is that a system has parts that fit together to make a whole; but where it gets complicated - and interesting - is how those parts are connected or related. There are many kinds of systems: government systems, health systems, military systems, business systems, and educational systems, to name a few.
Student Version
Systems, including both business systems, and educational systems, are actually very simple. The main idea is that systems have parts that fit together to make a whole. What is interesting is how those parts are connected together
Which of the following is valid for the Student Version above?
A. Word-for-Word plagiarism
B. Paraphrasing plagiarism
C. This is not plagiarism
a company sells widgets. the amount of profit, y, made by the company, is related to the selling price of each widget, x, by the given equation. using this equation, find out what price the widgets should be sold for, to the nearest cent, for the company to make the maximum profit.
The price should be, to the nearest cent, to make the maximum profit is 775.34.
What is the price the widgets should be sold for?
This is a quadratic equation and if you were to graph this you would see that it is a parabola that opens down because of the negative leading coefficient (-3).
The maximum profit would be at the vertex, of the graph. Therefore, we need to find the value of "y" when "x" is the line of symmetry. We find this by x=-b/(2a) where a = -3 and b = 152:
x=-152/(2)(-3)
x=-152/-6
x=152/6
We put this value of "x" into the original formula to find out the value of "y":
y=-3x2+152x-1150
y=(-3)(152/6)2+152(152/6)-1150
y=-1925.33+3850.67-1150
y=775.34
Therefore, the maximum profit would be 775.34.
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Nafar wants to buy a house. Which type of credit is she most likely to use?
O Mortgage
O Limited
O Service credit
O Unsecured credit card
Answer: Mortgage
Explanation:
Answer:
Mortgage is the correct answer got it right
Explanation:
a market-oriented company .a. sees marketing as a company-wide activityb. uses mainly promotional activities and a professional sales force to market its productsc. outsources all promotional and marketing efforts to an adver
market-oriented company a. sees marketing as a company-wide activity.
What is a marketing-oriented company?
A marketing-oriented company is a business that finds out what its customers want and then makes products to meet the demands of those specific customers.
A marketing-oriented company could be a business that's focused on effectively finding out what its clients need and after that making items planned for those clients.
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Pqs reported equipment tk. 50,000 and tk. 35,000 respectively as on december 31, 2020, and december 31, 2019. the corresponding accumulated depreciation was tk. 12,000 and tk. 8,000. during 2020, pqs sold a piece of equipment for tk. 5,000 (associated accumulated depreciation was tk. 3,000) resulting in a loss of tk. 2,000. determine the following amounts for 2020. (a) depreciation expense. (b) equipment purchase.
The following amounts (Depreciation Expense and Equipment Purchase) for 2020 reported by Pqs are:
a) Depreciation Expense for the year is tk. 7,000.
b) Equipment Purchase for the year is tk. 25,000.
How is the depreciation Expense determined?The depreciation expense is the difference between the current year's accumulated depreciation and last year's accumulated depreciation.
The above holds when there is no disposal. However, with disposal, the value of the accumulated depreciation for the sold item should be factored into the computation.
Data and Calculations:December 31, 2020 December 31, 2019
Equipment tk. 50,000 tk. 35,000
Accumulated Depreciation tk. 12,000 tk. 8,000
Sale of equipment during 2020 = tk. 5,000
Accumulated Depreciation of sold equipment = tk. 3,000
Loss from the sale of the equipment = tk. 2,000
Cost of equipment = tk. 10,000 (5,000 + 3,000 + 2,000)
Increase in Accumulated Depreciation (Depreciation Expense) = tk. 7,000 (12,000 - 8,000 + 3,000)
Equipment purchase = tk. 25,000 (50,000 - 35,000 + 10,000)
Thus, the Depreciation Expense for the year is tk. 7,000 while the Equipment Purchase for the year is tk. 25,000.
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According to sports business journal analysis, which company is handling the highest percentage of betting in the only eight states in which regulators break out results by individual sportsbooks?.
The FanDuel company is managing the biggest percentage of wagering in the eight states where regulators break public results by individual sportsbooks, according to sports business journal research.
Sportsbook, daily fantasy sports, horse racing, and an online casino are all provided by the American gambling corporation FanDuel Group. The business runs sportsbooks in a number of states, including New Jersey, Pennsylvania, Indiana, and West Virginia. It also offers daily fantasy sports and an online horse race betting service.
Initially established as a provider of daily fantasy sports, the company mainly competed with DraftKings. In May 2018, as sports betting became increasingly legal in the United States, FanDuel and Paddy Power Betfair (now Flutter Entertainment), an Irish bookmaker, reached an agreement to consolidate their American businesses to establish FanDuel Group. FanDuel became the company's primary U.S. brand in an effort to capitalize on the company's already established user base and brand familiarity.
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Key numbers that characterize the current condition and trends in a specific real estate market are more commonly referred to as market?
Key numbers that characterize the current condition and trends in a specific real estate market are more commonly referred to as market parameters.
The housing market which also known as the real estate market, brings together stakeholders, such as, the homeowners, renters, contractors, real estate investors who buy and sell properties mainly for investment purposes, renovators, and the real estate brokers.
So in the real estate market, the key numbers which characterizes the current condition and trends is termed as the market parameter. Thus, investors should once consider a few mandatory parameters before investing in the real estate sector.
Hence, buying a property is impacted by the parameters.
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When developing a product, what are the benefits a usability study provides for design teams? select all that apply. 1 point observe firsthand user interactions with a product receive in-depth user feedback about a product inexpensive to conduct shows how users actually interact with a product in real life
The developing a product, what are the benefits a usability study provides for design teams are:
a product to receive in-depth user feedback about.a product inexpensive to conduct shows how users actually interact with. Thus, option (c) and (b) is correct.What is product?
The thing being sold is called a “product.” A product and service market foundation. Items are divided into two categories: industrial products and consumer products.
The product was the design for the benefit of the user team as the feedback to the customer and the product was the inexpensive was the show the customer not purchased because of it cheap.
Therefore, option (c) and (b) is correct.
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as part of its performance review process, altrera corporation solicits confidential feedback from the employee's managers, peers, and direct reports. this process is known as .
Altrera Corporation asks the employee's managers, peers, and direct reports for confidential input as part of the performance evaluation procedure. The term "multisource (360-degree) feedback" refers to this procedure.
A multisource (360-degree) feedback is what?A 360-degree feedback process involves gathering feedback from an employee's subordinates, coworkers, and supervisor(s), as well as a self-evaluation. It is also referred to as multi-rater feedback, multi-source feedback, or multi-source assessment.
The employee's interactions with clients, vendors, or other interested parties may also be included in such feedback when appropriate. Because it seeks input on a worker's behavior from a number of angles, 360-degree feedback earns its name (subordinate, lateral, and supervisory).
Consequently, it could be compared to "downward feedback" (traditional feedback on work behavior and performance delivered to subordinates by supervisory or management employees only; see traditional performance appraisal) or "upward feedback," which is traditional feedback on work behavior and performance delivered to supervisory or management employees by subordinates only.
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Strategic ______ is a process that involves managers from all levels of the organization in the formulation and the implementation of strategies and strategic goals.
stone investments provides financial services related to investment selections, retirement planning, and general insurance needs. at the end of the year on december 31, 2024, the company reports the following amounts: advertising expense $31,800 service revenue $119,100 buildings 133,000 interest expense 1,800 salaries expense 63,400 utilities expense 13,800 accounts payable 4,700 equipment 18,500 cash 3,800 notes payable 21,500 chegg
Statement of Income for GATOR Investments For the fiscal year ended December 31, 2012, revenues: $118,600 in service revenue Expenses: $31,700 was spent on advertising $63,300 is spent on salaries.
What is Investment?An asset or object purchased with the intention of generating income or appreciation is referred to as an investment.The term "appreciation" describes a rise in an asset's worth over time.When a person buys a product as an investment, they don't intend to utilize it right away; instead, they plan to use it to make money later on.An investment always entails the expenditure of some capital today—time, effort, money, or an asset—in the anticipation of receiving a larger return than what was first invested.A financial asset, for instance, may be bought by an investor now with the hope that it would provide income later on or be sold for more money.To know more about Investment, refer to the following link:
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The adjustment for supplies used during the period will result in a debit to the ______ account and a credit to the ______ account.
Answer:
debit to the bank
credit to the supplies/inventory/trading stock account
Under the theory of mercantilism, nations became powerful by stockpiling currency.
a. true
b. false
It is true that under the theory of mercantilism, nations became powerful by stockpiling currency.
What does mercantilism truly mean?The mercantilist theory of economics emphasizes self-sufficiency as having a favorable trade balance. Mercantilist policies place a higher priority on accumulating wealth and resources than on maintaining a positive trade balance with other countries.
What is the fundamental premise of mercantilism?A trade-based economic system, mercantilism existed from the 16th through the 18th centuries. Growing exports was thought to be the best way for a country to increase its wealth and power, hence mercantilism meant boosting trade.
Mercantilism held that nations may increase their dominance by accumulating wealth.
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A licensee who assists one or more parties through a transaction without being an agent for any party to the transaction is a(n)?
If a licensee helps one or more parties without exiting an agent or fiduciary or advocate for that group, then he is operating as a transaction broker.
What is a transaction broker?A transaction broker is defined as a broker who supplies limited illustration to a buyer, in a real estate transaction, but does not denote either in a fiduciary power or as a single agent.
What's the term for somebody who has an agency presentation with the licensee?A client is a person who shows an agency relationship with a licensee through a registered contract and agrees to be described by the agent in a real estate transaction.
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inroads enterprises has been working with advertising innovators to review competition in various market segments, noting demand trends. they have recognized that their view of the marketplace as one large homogeneous group of customers is limiting their growth. advertising innovators recommends that inroads expand their by tailoring their marketing to meet the needs and demand trends of different market segments.
By customizing their marketing to fit the demands and demand patterns of various market segments, Advertising Innovators advises Inroads to increase their marketing channels.
How do marketing channels work?
A company's products and services travel through a marketing channel from the point of production to the final consumer. It is produced by a network of connections between middlemen, or intermediates, who market the good or service on the business's behalf.
A variety of people, organizations, and activities make up the marketing channel, which enables the business to sell its goods or services. Retailers, agents, wholesalers, brokers, transportation firms, and other parties frequently make up this combination. Depending on the channel's structure, marketing channels can be divided into direct and indirect channels.
Depending on how many intermediates are present, the indirect routes are further classified into three categories: one-level, two-level, and three-level channels.
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in 2009, there were 12500 students at college a, with a projected enrollment increase of 1100 students per year. in the same year, there were 28700 students at college b, with a projected enrollment decline of 700 students per year.
Both the colleges will have the same enrollment of 22400 in the year 2018
Student in college a in 2009 = 12500
Increase in enrollment per year in college a = 1100
Students in college b in 2009 = 28700
Decrease in enrollment per year in college b = 700
Let n be the number of years it takes for the enrollment to be the same
Forming equations:
Enrollment at college a = 12500 + 1100(n-2009)------(1)
Enrollment at college b = 28700 - 700(n-2009)-------(2)
Equating (1) and (2) we get
12500 + 1100(n-2009) = 28700 - 700(n-2009)
1100(n-2009) + 700(n-2009) = 28700-12500
1800(n-2009) = 16200
n-2009 = 9
n = 2018
So, In the year 2018 both the colleges, will have the same enrollment
No. of students enrolled will be 12500 + 1100*9 = 22400
= 28700 - 700*9 = 22400
Although a part of your question is missing, you might be referring to this full question: In 2009, there were 12500 students at college a, with a projected enrollment increase of 1100 students per year. In the same year, there were 28700 students at college b, with a projected enrollment decline of 700 students per year. According to these projections, when will the colleges have the same enrollment? What will be the enrollment in each college at that time?
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What advice would you give a firm about how to respond to the changing marketing environment?.
D. Whenever possible, take a proactive approach to the environment is the advice I you give a firm.
What is marketing environment?An organization's marketing efforts are influenced by both internal and external influences, which together make up the marketing environment.
To continue to succeed and address any dangers or opportunities that can affect their work, marketing managers must be aware of the marketing environment.
The company's office culture is the best illustration of an internal marketing environment.
The values, attitudes, and behaviors of your staff make up your workplace culture. How your organization's employees act is influenced by each of these elements.
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D. Whenever possible, take a proactive approach to the environment is the advice I you give a firm.
What is marketing environment?An organization's marketing efforts are influenced by both internal and external influences, which together make up the marketing environment.
To continue to succeed and address any dangers or opportunities that can affect their work, marketing managers must be aware of the marketing environment.
The company's office culture is the best illustration of an internal marketing environment.
The values, attitudes, and behaviors of your staff make up your workplace culture. How your organization's employees act is influenced by each of these elements.
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Your aunt ruth has $610,000 invested at 6. 5%, and she plans to retire. She wants to withdraw $40,000 at the beginning of each year, starting immediately. How many years will it take to exhaust her funds, i. E. , run the account down to zero?.
It will take Aunt Ruth 43 years to deplete her savings, or completely Period rate empty the account, If aunt Ruth intends to retire and has $610,000 invested at a 6.5% yield.
Rate per Period 0.065
Payment per Period $40,000.00
Present Value $610,000.00
Future Value $0.00
Ending (0), Beginning (1) 1
Total No. of Payments 42.40
Nper (rate,pmt,-pv,fv,type) Nper (0.065, 40,000, -610,000, 0, 1)
43 years
Price = Annual dividend / Required return
= 5 / 0.0225
= $222.22
The periodic rate is equal to the yearly interest rate when multiplied by the total number of periods. A mortgage's interest is normally calculated monthly, so if the annual interest rate is 4%, you would divide that amount by 12 to get 0.33 percent. That is the same as your monthly interest.
The actual interest rate is higher than the declared annual interest rate when a bank assesses periodic interest based on the typical balance of a loan on a monthly or daily basis. Compound interest's impact is the cause.
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You're concerned that inexperienced people on your team might be running behind schedule on their assignments. you decide to apply the _____ filter to display tasks that are behind in both finish date and completed work.
You're concerned that inexperienced people on your team might be running behind schedule on their assignments. you decide to apply the Slipped late progress filter to display tasks that are behind in both finish date and completed work.
Slipped Late Progress filter is used in the given situation
The Slipped/Late Progress filter allows the user in seeing tasks which have been slipped behind their scheduled finish date or they haven't been progressing as scheduled by the user.
In order to apply the “Slipped/Late Progress” filter,
first go to menu Project – Filter and
then select More Filters
then again select Slipped/Late Progress
and finally click on Apply button.
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One benefit of strategic planning is that it enables the most effective use of the organization's resources by _____.
One benefit of strategic planning is that it enables the most effective use of the organization's resources by focusing them on agreed-on key priorities.
This is further explained below.
What is strategic planning?Generally, Strategic planning is a process by which the leaders of an organization outline their vision for the future of their business and determine the aims and objectives of their organization.
In conclusion,The process involves determining the order in which those objectives should be accomplished in order for the company to fulfill the vision it has articulated for itself.
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in the context of the leadership grid, the context and style of leaders' behavior are important factors that affect the leadership dimensions of concern for people and concern for production
It is true that in the context of the leadership grid, the context and style of leaders' behavior are important factors that affect the leadership dimensions of concern for people and concern for production.
It is believed that the most effective executives care deeply about both their workforce and their bottom line.A leader's capacity to create teams and influence others through their behavior depends on the situation and the setting in which they act.What is leadership grid?Intelligence, personality traits, emotional intelligence, beliefs, attitudes, interests, expertise, and experience all have a role in how we behave as leaders.A style leadership paradigm created by Robert R. Blake and Jane Mouton is the management grid model.The Leadership Grid is a behavioral leadership model created in the 1960s to compare concern for people and production. The grid defines five different leadership styles: team, country club, produce or perish, and impoverished.Learn more about Leadership Grid here:
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Perhaps the most universally useful strategy in capturing your reader's attention is to?
Perhaps the most universally useful strategy in capturing your reader's attention is to state how your writing can meet the reader's needs.
What is the way a message travels between source and receiver?
“ The channel is a procedure in which a message or messages travel between sender and receiver.”. Spoken channels consists of face-to-face conversations, speeches, phone conversations and voicemail messages, radio, public address systems,
How is communication being processed?The communication process follows five steps: idea formation, encoding, channel selection, decoding and feedback. Anything that barrier with clear communication is known as noise. Noise can form barrier with each procedure of the communication process.
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anyone please i need a h.w for business and its about the chocolate m&m and i have to one of the factor of production which is labor
M & M is an American brand of button-shaped chocolates available in a variety of colors.
About M & M ?An American company called M & M produces button-shaped chocolates in a range of hues. The chocolate was originally only little buttons, but now it also comes in peanut-filled varieties. There were also new flavors of peanut butter, almond, crispy pretzel, dark chocolate, etc. Since its introduction in the US in 2003, M & M has been sold in about 100 different nations.
The design of the candy allowed for a hard, multicolored surface and firm chocolate inside. Different hues make up the hard coating, some of which have evolved over time. The design was created so that soldiers could transport it without worrying about melting it.
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Cisco uses the term the power of in-person to describe the ability of what technology to improve access to subject matter experts and to open doors for small business people?.
Cisco uses the term the power of in-person to describe the ability of Telepresence.
Telepresence: Technology that makes it possible for someone to act as though they are physically present in a distant or virtual location is known as Telepresence.
The foundation of telepresence is the creation of a two-way network proxy between a custom pod operating in a remote (or local) Kubernetes cluster and a process running on your development computer (bootstrapped using kubectl port-forward or OC port-forward).
The usage of telepresence robots to replace tour guides, night watchmen, factory inspections, and healthcare advisors is quite prevalent.
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Cashiers at a supermarket have to talk to a manager before approving price changes at the register. Which internal control principle is being followed?.
Segregate duties internal control principle is being followed. Separation of Duties (SOD) is a fundamental component of internal company controls and long-term risk management.
The foundation of the SOD concept is shared accountability for a crucial process, which distributes its essential tasks to multiple parties or departments. Separating roles ensures oversight and evaluation to spot mistakes, which serves two important duties.
Due to the fact that it takes two people to conspire to conceal a transaction, it aids in preventing fraud and theft. Segregation of duties SOD is the name given to this idea. The administrator must settle all disputes.
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Liabilities are:_____
a. the rights of customers.
b. the rights of creditors.
c. the rights of owners.
d.none of these choices are correct.
Liabilities are the rights of creditors. Hence, Option B is correct.
What are creditors?A creditor is defined as a party who lends a specific amount of money to another party in exchange for services. A creditor is a person, institution, form, or organization from whom money can be borrowed. These are the creditors, who are one of the owners in the firm.
These are the creditors, who are also called the ones who have the right to the assets of the form. It can be said that these are the liabilities that are the rights of creditors because the firm has to pay back to the creditors.
Therefore, Option B is correct.
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