Globalization allows individuals receive information directly from governments, political advocacy organizations, businesses, and individuals, base by removing intermediaries from our independant place.
Globalization is a term used to describe how alternate and technology have made the sector into a greater linked and interdependent location. Globalization also captures in its scope the economic and social changes that have come approximately as a end result.
As nations have become extra interconnected, they have got had to work collectively more. For instance, nations work together to guard the surroundings or to combat terrorism. This has brought about the development of worldwide authorities. After WWII, the United international locations (UN) was formed as a sort of international authority.
Political globalization: the improvement and growing effect of worldwide groups including the UN or WHO manner governmental movement takes vicinity at a worldwide stage.
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quizlet deepa dalal opened a free-standing radiology clinic. she had anticipated that the costs for the radiological tests would be primarily fixed, but she found that costs increased with the number of tests performed. costs for this service over the past nine months are as follows:
Radiology is a branch of medicine that uses imaging technology to diagnose and treat disease. Radiology may be divided into two different areas, diagnostic radiology, and interventional radiology. Doctors who specialize in radiology are called radiologists.
Yes, there is a linear relationship between the cost of a test and the number of tests which is as follows:-
1) If The tests are less than 3000 a month the total cost is less than 150000
2) If no of the tests is more than 3000 a month, the total cost becomes more than 150000
Answer 2:-
Month No of Tests Total Cost
January 2800 133500
February 2600 135060
March 3100 175000
April 3500 170600
may 3400 176900
June 3700 186600
July 3840 174450
August 4100 195510
September 3450 185300
At Highest Activity x2=4100 y2=195510
At Lowest Activity x1=2600 y1=135060
Variable cost per unit = (195510-135060) / (4100-2600)
=$ 40.30 per Unit
Total Fixed Cost = 195510 - (4100*40.30)
= $ 30280
Cost Volume formula : Y = 30280 + 40.30X
Answer 3:-
Expected No of tests in October = 3500
Total Cost = 30280 + (40.30 *3500)
=$ 171330
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What term describes an internet-inspired mechanism for raising money or sponsorship from members of the public for a small project or business venture?.
Crowdfunding describes an internet-inspired mechanism for raising money or sponsorship from members of the public for a small project or business venture.
Crowdfunding is the technique of financing a project or endeavor by collecting funds from several individuals, generally online. A kind of alternative finance and crowdsourcing is crowdfunding. Globally, crowdsourcing raised more than US$34 billion in 2015.
Although related ideas can also be implemented through charity events, mail-order subscriptions, and other techniques, the phrase "crowdfunding" relates to internet-mediated registries. Three different sorts of players often make up this modern crowdfunding model: the project initiator who suggests the idea or project to be financed, people or organizations that support the concept, and a regulating organization (the "platform") that brings the parties together to launch the proposal.
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Form of owner ship for a swimming pool repair
Answer:
Explanation: Swimming pool repair - it is likely this business would best be structured a corporation or a limited liability partnership
although taco bell, chipotle, and on the border all strive to provide good mexican food and service to their respective target markets, the difference in their choice of target market, design of their marketing mix, and the basis of their competitive advantage is directly related to their own
While taco bell, chipotle, and on the border all strive to provide their respective target markets with high-quality Mexican food and service, the differences in their choice of target market, marketing mix design, and source of their competitive advantage are all directly related to their unique marketing strategies.
What Is a Marketing Strategy?
A company's entire plan for reaching out to potential customers and converting them into buyers of its goods or services is referred to as a marketing strategy. The value proposition of the business, critical brand messages, information on target consumer demographics, and other important components are all included in a marketing plan.
Knowing Marketing Techniques
A well-defined marketing strategy should center on the company's value proposition, which tells customers what the company stands for, how it operates, and why it deserves their business.
This provides a framework for marketing teams to follow when they create initiatives for all of the company's products and services. For instance, Walmart (WMT), which is well-known for offering "everyday low prices," bases both its business practices and marketing techniques on this idea.
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An internal event involves an exchange between the company and a separate economic entity. True or false
An internal event does not involve an exchange between the company and a separate economic entity. Hence, the given statement is false.
What is an internal event?Any kind of event that occurs in any form or any company that requires some kind of exchange and the time of services and goods that are provided to buy in any form.
When it is about the economic entity that comes in a separate form that is between the company and itself, internal events do not involve exchange because it is always an external event that involves a separate entity.
Thus, whenever an internal transaction occurs, these are the kinds of events that affect the financial position of a company, but they do not involve any kind of separate economic entity exchange.
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Imagine you are in charge of purchasing for a large business. What qualities would you look for when selecting suppliers? Describe at least three qualities and explain why each is important.
5 sentences
Before choosing a supplier, it's crucial to check off the following vital boxes: communication, cooperation, profile data, cost, and supplier quality.
What is supplier?A supplier in business is a person or a company that provides retailers and distributors with high-quality products and services from manufacturers at competitive prices. Deliverables from them come in the form of raw materials, which manufacturers then transform into finished goods that are ready for sale. Anyone who provides, sells, offers or exposes for sale, leases, distributes, or installs any biological or chemical substance or any plant to be utilized at a place of employment is referred to as a supplier.The materials' transportation is handled by suppliers. A business cannot consistently provide its own customers with high-quality goods or services if it does not have strong relationships with its suppliers.It doesn't necessarily follow that a supplier can deliver on their claims for mass production just because they show you a few excellent product samples.Learn more about suppliers here:
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During a project, it is determined that some of the necessary equipment will arrive 1 week later than anticipated. In order to keep the project moving, the project manager decides to begin the second step of the project before the first step is completed. During what phase of the project management process would this occur in?.
Perceiving and researching demands is the initial stage in creating educational software. The strategic plans for project management, human resources, or individual development may already include requests for employee education.
A management technique for organizing and overseeing products or the execution of a task is project management. This procedure, which is focused on the beginning principles of the process and overall task control, starts once the patron has given their approval based on the terms of the contract.
A mission's preferred results are explained, arranged, and successfully delivered using the four phases that make up the ITS challenge control Lifecycle. These include Initiation, Planning, Execution, and Closing.
To deliver something of value to people, project management uses a variety of specialized knowledge, abilities, tools, and procedures. Projects include the creation of software for enhanced corporate processes, the construction of a building, the relief effort following a natural disaster, and the growth of sales into a new geographic market.
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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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If demand for potato chips decreases when the price of salsa increases, that means the two goods are ________.
If demand for potato chips decreases when the price of salsa increases, that means the two goods are compliments.
What is recession?The term recession is defined as decrease in growth of GDP or we can say that negative growth which leads to unemployment. So we can say that decrease in GDP will increase unemployment rate.
There are several types of recession such as K - shaped, depression, U - shaped, W - shaped, L - shaped and Supply - side shock. These are the types of recession.The term recession is defined as decrease in growth of GDP or we can say that negative growth which leads to unemployment.
Therefore, If demand for potato chips decreases when the price of salsa increases, that means the two goods are compliments.
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5. trade can benefit both parties as long as a. the price of the good is lower than the exporter’s opportunity cost but higher than the importer’s opportunity cost. b. the price of the good is higher than the exporter’s opportunity cost but lower than the importer’s opportunity cost. c. the price equals both countries’ opportunity costs. d. they have a trade agreement.
Trade can benefit both parties as long as the price of the good is higher than the exporter’s opportunity cost but lower than the importer’s opportunity cost.
What is opportunity cost?According to microeconomic theory, the value or advantage forfeited by engaging in a specific activity in comparison to engaging in an alternative activity is known as the opportunity cost. In plainer terms, it indicates that by choosing one activity, you are forgoing the chance to choose an other.The cost of the next best alternative or choice is known as the opportunity cost. You can decide whether to quantify this value in dollars or not. Time or contentment are two more ways to measure value. The ratio of what you are forgoing to what you are obtaining can be one formula to determine opportunity costs.Learn more about opportunity cost here
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List the seven procedural steps, from start to finish, that are required to perform an accurate melting point determination.
Melting point determination begins at a predefined temperature relative to the desired melting point. Up to the start temperature, the heating stand is preheated.
Steps of melting point determination1. Press the open back of a capillary tube into the solid instance.
2. Invert the tube and dab gently to move the solid to the base of the capillary.
3. Place the laden tube into the hole in the melting point device, and heat at 10 degrees per minute.
4. Obey the material through the entire melting process to get a rough calculation of the melting range.
5. Turn off and let to cool by 15 degrees.
6. Return the existing tube with a new sample.
7. Heat at 2 degrees per minute via the expected range.
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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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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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Today netflix is primarily focused on _____________, the default option for consumers.
Today netflix is primarily focused on digital distribution , the default option for consumers.
Netflix
Netflix, Inc. is a Los Gatos, California-based subscription streaming service and production company. It was founded on August 29, 1997, in Scotts Valley, California, by Reed Hastings and Marc Randolph. It provides a library of films and television shows through distribution agreements as well as its own works, known as Netflix Originals. It is available worldwide except Mainland China, Syria, North Korea, and Russia.
Netflix's scalability in DVD-by-mail is built on three advantages where the company's size outstrips all competitors: the size of the company's distribution network, the size of the company's client base.
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A business ________ is a logically related set of activities that defines how specific business tasks are performed.
Answer:
business process is a logically related set of activities that defines how specific business tasks are performed.
Scott is a freshman in high school and plans to attend college someday. His grandparents gave him $5,000 to start his college savings, but he’s not sure where he should keep this money until he’s ready to go to college. What would be the best savings strategy for him?
The best saving strategy that should be followed by Scott should be to put his college money into the saving account.
What is the saving account?Saving account refers to the account of the person in the bank in which the individual deposits his money and in return earns the certain percentage of the interest.
According to the above situation, Scott should put his pocket money into the saving account, which will give him the interest also. Bank provides the interest in the saving account around 2 percentage. It implies by the time being his income will increase.
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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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what would you expect to happen to the current market for gaming consoles if the government announces today that the tax will increase by $150 per gaming console in two weeks' time?
A market is a place where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical like a retail outlet, or virtual like an e-retailer.
a) At P = 150, Qd = 80 units
b) At P = 150, Qs = 20 units
c) At P = 150, CS = area shown by green = 0.5*(550 – 450)*20 + (450 – 150)*20 = 7000
d) At P = 150, PS = area shown by orange = 0.5*(150 – 100)*20 = 500
600
550
500
450
400
350 price dollars
300
250
200
150
100
50 D
10 20 30 40 50 60 70 80 90 100 110
Quantity
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A security pays $100 monthly for the next 10 years and the appropriate nominal interest rate is 12%. What is the present value of this security?.
If a security pays $100 monthly for the next 10 years and the appropriate nominal interest rate is 12%. What is the present value of this security is $6,970.052203.
Calculating the equivalent present value of a series of anticipated cash flows requires applying the time value of money principle.The computations are most greatly impacted by the pertinent interest rate.The number of payments is N = 10 * 12 = 120.
I/Y = 12%/12 = 1% for the periodic interest rate.
PMT = 100
FV = 0
PV = PMT/r*[1-1/ (1+r) n]
PV = 100/0.01 *[1-1/(1+0.01)120]
PV = 10,000 * 0.6970052203
PV = 6,970.052203
PV = $6,970.052203.
Hence, the present value of his security is $6,970.052203.
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On august 4, sanders provides services to frederickson for $5,000, terms 3/10, n/30. Frederickson pays for the services on august 12. What amount would sanders record as revenue on august 4?.
The amount that Sanders will record as revenue on August 4 is $5,000.
Payment terms are a sale and purchase agreement stated on the proof of purchase regarding the discount and payment time. Payment terms must clearly state when a transaction must be paid for, how it will be paid and how much discount will be given if the buyer pays within a certain time limit.
Payment terms are made as a guarantee for the seller for the goods he sells, so that the seller can estimate when they will receive payment for their sale and how much money they will receive. As for buyers, the payment terms are a reminder and motivation to pay their bills, because they can get a discount if they pay sooner.
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The recognition by business of the close link between its decisions and activities and its impact on the natural environment is referred to as ___________.
The recognition by business of the close link between its decisions and activities and its impact on the natural environment is referred to as green management.
What is Greening of management?Green management can be defined as the way in which companies or organization tend to involve in things that help to prevent environmental hazard or things that can cause harm to the body example is carbon dioxide that can be harmful to the body when inhale
Greening management is important as it help to prevent environmental pollution which inturn can help to improved important people overall well being.
Most companies tend to make use of greening initiative so as to create awareness about the reason why we are to make use of products or materials that are environmentally friendly so as to prevent environmental hazard.
Therefore the recognition by business of the close link between its decisions and activities and its impact on the natural environment is referred to as green management.
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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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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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The imf articles of agreement set fixed exchange rates with par value based on gold and the u. S. Dollar. True or false?.
True that the imf articles of agreement set fixed exchange rates with par value based on gold and the U. S. Dollar.
Articles of Agreement of the International Monetary FundThe International Monetary Fund's Articles of Agreement were adopted on July 22, 1944, during the United Nations Monetary and Financial Conference at Bretton Woods, New Hampshire. They were accepted by 29 countries at the time and have subsequently been signed and ratified by a total of 190 Member countries.
What is a exchange rate meaning?An exchange rate is the price upon which one currency is exchanged for another. Most exchange rates are defined as floating and will rise or decrease in response to market supply and demand. Some exchange rates are tied to the value of a particular country's currency.
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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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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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a used-car dealer offers to sell the vehicle to saul for $7000 down and $725 per month for 60 months. if the quoted rate on car loans is currently 4.8%, what is the price of the car implied by the dealer’s offer?
The price of the car implies by the dealer is 45605.43$
Given here the dealer sells the car for 7000 down payment and PMT = $750 (PMT is a financial function which calculates a loan's payment using fixed payments and a fixed interest rate) and time period (n) = 60years.
We can calculate present value by the formula,
PV = PMT ×{ 1-(1/1+rⁿ)} / r
= 725 × { 1-(1/1+0.004⁶⁰}} / 0.004
= 38605.43$
So, the total cost of the car is down payment + present value
= 38605.43$ +$7000
= 45605.43$
Thus, the total price of the car is found to be 45605.43$ .
A down payment is a sum of money a buyer pays up front for a costly commodity or service, like the purchase of a home, car, or piece of property. Loans are frequently obtained by buyers to cover the remaining balance of the purchase price. The buyer will have to borrow less money to complete the transaction, the greater the down payment.
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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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Strategic ______ is a process that involves managers from all levels of the organization in the formulation and the implementation of strategies and strategic goals.
Strategic making plans is a process that includes managers from all stages of the organization in the components and implementation of strategies and strategic dreams.
Managers are chargeable for getting work done through others. We usually describe the important thing managerial functions as planning, organizing, main, and controlling. The definitions for each of those have advanced over time, simply because the nature of handling, in widespread, has advanced through the years. Accomplishes department objectives by way of managing workforce; planning and evaluating branch sports. keeps a team of workers with the aid of recruiting, deciding on, orienting, and educating personnel. ensures secure, at ease, and felony work surroundings. Develops private increase possibilities.
The four maximum common forms of managers are everyday-level managers, center managers, first-line managers, and group leaders. these roles range no longer best in their 66b34c3da3a0593bd135e66036f9aef3 obligations, however also of their broader characteristic within the corporation and the sorts of employees they manage. superb managers are capable of leading groups, helping them grow, and preserving complete manipulation over their enterprise and its overall performance at the identical time. those are the people who manage day-to-day continuously adapt every day new conditions, inspire others daily to attain their complete ability, and deliver their pleasant paintings, day-to-day.
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the organizes financial transactions to allow you and your client to analyze the business’s financial data, run financial reports, and prepare for taxes.
The chart of accounts organizes financial transactions to allow you and your client to analyze the business’s financial data, run financial reports, and prepare for taxes.
What is a chart of accounts?
A chart of accounts (COA) is a financial organizational tool that provides a complete listing of every account in the general ledger of a company, broken down into subcategories.It is used to organize finances and give interested parties, such as investors and shareholders, a clearer insight into a company’s financial health.To make it easier for readers to locate specific accounts, each chart of accounts typically contains a name, brief description, and an identification code.To learn more about chart of accounts, refer: https://brainly.com/question/13397640?referrer=searchResults
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