Commodity manager acquires knowledge in a specific market in which the organization purchases significant quantities of materials and services.
Who is Commodity manager?Commodity managers keep an eye on the state of the market and buy when the going is good. They continually look for new chances for innovation and analyse trends to spot and address potential supply chain issues.
Commodity managers, who are also known as procurement managers, are in charge of overseeing the acquisition of goods to support the supply chain of a business. They are primarily responsible for supervising department employees and sourcing supplies from vendors while also monitoring market conditions to reduce risks.
A basic good that is interchangeable with other items of the same type in commerce is referred to as a commodity. Grain, gold, beef, oil, and natural gas are classic examples of commodities. Commodities can help investors diversify their portfolios in ways other than traditional securities.
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How will the federal tax affect a biweekly pay of $740 for a single person claiming 1 exemption? a. it increases the biweekly pay by $62. b. it decreases the biweekly pay by $62. c. it increases the biweekly pay by $65. d. it decreases the biweekly pay by $65. please select the best answer from the choices provided a b c d
Answer:
D
Explanation:
It decreases the biweekly pay by $65.
A key benefit of collaboration is _______________, which focuses on deriving better and more unique ideas for products and services.
A key benefit of collaboration is innovation which focuses on deriving better and more unique ideas for products and services.
What is innovation?Innovation is termed as a service, product,strategy, business model that is both useful and novel. Innovations need not be be a major breakthrough in technology or it need not be a new business model; they can be any upgrades to the customer service of a company or features which are added to the existing product.
In business, Innovation is grouped into two categories:
Sustaining and Disruptive.
Sustaining innovation:
It enhances any organization's processes and their technologies to improve the product line for existing customer base.
Disruptive innovation:
It occurs when a smaller company challenge a larger business.
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He market is wheat. a drought destroys much of the crop. the curve will shift . the factor causing the shift is:________
As a result of the drought, the supply curve would shift to the left. The factor causing the shift is the decrease in supply.
What is the effect of the drought?
When there is a drought that destroys the crops, the quantity of wheat that farmers can supply to the market would decline. As a result, the supply of wheat would fall.
When there is a decrease in the supply of wheat, the supply curve would shift to the left inclining a decline in the supply of wheat. The supply curve is a graph that shows the relationship between price and quantity supplied. When the supply curve shifts to the left, equilibrium price would increase and equilibrium quantity would decrease.
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number of baked goods decorated in one hour cupcakes cookies wilson 30 10 kendall 25 5 according to their comparative advantage: a. wilson should decorate cupcakes and kendall should decorate cookies. b. kendall should decorate cupcakes and wilson should decorate cookies. c. to avoid boredom, wilson should decorate ½ of the cupcakes and cookies and kendall should decorate the other half. d. wilson should decorate both because he is better at both.
Option C. to avoid boredom, wilson should decorate ½ of the cupcakes and cookies and kendall should decorate.
We say a person in the military, like a general, is decorated when he or she is given medals for bravery or other accomplishments. Definitions of decorated. verb. make more attractive by adding ornament, color, etc.
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Government can reallocate resources of an economy through taxes, ________ payments, and by providing direct services.
Government can reallocate resources of an economy through taxes, transfer payments, and by providing direct services. Direct services are those offered by workers or volunteers who have regular touch or interaction with clients.
Government house maids perform direct services in your home. When you go shopping, the assistance provided by the shopkeeper is an example of direct services.
There are two types of service: direct and indirect. Direct service is service that is paid for directly by those who receive it. People who are willing to pay for their services are served by direct service providers. In contrast, indirect service is a government-funded service provided to the broader population.
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Rowena invented a new, innovative type of natural hair gel, so she started a company to make and sell it. she risked her wealth, time, and effort to develop this product for profit. rowena is
Rowena is a stakeholder because she is an employee and part of the stakeholder community. As an employee, she is subject to the company's decisions.
She is not a shareholder because he has no shares.
Stakeholders, as defined in the terms first used in the internal memorandum of the Stanford Institute in 1963, are members of "groups without the support of which the organization would no longer exist.". This theory was later developed and defended by R. Edward Freeman in the 1980s.
A stakeholder can be any number of people affected by or involved in a project. For example, a stakeholder can even be an owner or shareholder. However, stakeholders are also employees, bondholders, customers, suppliers, and vendors. Shareholders can be interested parties
A stakeholder is a party that has an interest in the company and influences or is affected by the business. The main stakeholders of a typical company are investors, employees, customers, and suppliers.
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In looking at the sample budget plan in the reading assignment, why are the dollar figures under the budgeted column usually larger than those in the actual column for flexible expenses?.
The dollar number under the budgeted column is usually larger than that in the actual column for flexible costs because flexible costs can vary, it is important to overestimate the costs.
The cost budget plan is an estimate of costs that will later be used for the implementation of an activity, both business and project. In some businesses, projects or events, budget planning is a mandatory document to see the amount of costs that will be used. Planning needs to be done to find out the costs to be incurred so that finances are more focused.
In project implementation, for example, this budget plan becomes the basis for whether the contractor can make an offer or not. The more promising the plan is, the more interested the contractor will be to make an offer. The budget plan already includes the planning stage, material selection, and various other costs such as worker wages and construction costs.
Projects and even businesses or events that are run without detailed budget planning will cause cost overruns. This is because the purchase or procurement of tools and materials and their operations are not well controlled so that expenditures are not directed. This is also what makes projects or businesses often face failure due to poor budget planning.
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wonder company purchased 35,000 of the 100,000 outstanding shares of elton company common stock on january 1, 20x2, for $200,000. the purchase price was equal to the book value of the shares purchased. elton reported the following: year net income dividends 20x2 25000 10000 20x3 50000 15000 20x4 45000 6000
Income is money that an individual or business receives in exchange for providing labor, producing a good or service, or investing capital. Individuals typically earn income through wages or salary, while businesses earn income from selling goods or services above their cost of production.
The same amount of money will buy less. The $50,000 will be worth only $49,000 in real income with a 2% inflation rate in this example
The porch 3 to the book value of the shares purchased of the 100,000 outstanding shares of Elton Company common stock on January 1, 20X2, for $200,000.
investment in wonder Company = 35,000/100,000
= 0.35
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An employee who has a special relationship with his boss is promoted instead of a more deserving co-worker. this is an example of the:_________
An employee who tend to have a special relationship with his boss is promoted instead of a more deserving co-worker. This is an example of the distinction between ideal culture and real culture.
In the workplace, favoritism is the situation where someone in a leadership position demonstrates favor toward one employee over others. So this is usually unrelated to their job performance and instead so it occurs due to a personal bond or a special relationship shared between the two.
Whereas, ideal culture and real culture in context to the workplace refers to the set of norms, values, concepts, ethics, etc which are considered the most desirable.
Hence, an ideal company culture is one which focuses on its employees and customers.
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in 1985 inflation in israel reached a record 500%. how did this period of high inflation affect market adjustments towards equilibrium price and quantity?
Markets reached equilibrium more slowly and irregularly.
Why does inflation make markets more uncertain?Because it is more difficult to maintain awareness of how one product compares in price to another, inflation raises market uncertainty. In a perfect world, inflation shouldn't distort pricing signals in any way.
What effects do high inflation rates have on a nation?An economy faces greater issues if its inflation rate is higher than that of its trading partners. This is due to the fact that its domestic goods and services would be more expensive than imports and its exports would be relatively more expensive. AD and real growth would decline as a result of falling net exports.
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Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in price determination. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
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5. What are self-management skills?
O personal skills that help you learn how to take care of yourself and develop a growing independence.
O a good idea but not necessary in everyday life.
O skills developed to help you analyze abstract ideas.
the concrete ability to analyze information and solve problems.
Answer:
O personal skills that help you learn how to take care of yourself and develop a growing independence.
If an operations manager wishes to help workers understand the movement of material, information, or people throughout a process, what tool should he or she use?.
If an operations manager wishes to help workers in a company understand the movement of material, information, or people throughout a process, he or she should use a schematic diagram of the movement of material, product or people.
For those who enjoy working in the background of a business, an operations manager path is a fantastic fit. Whether a company is large or small, this job is crucial to its success, and you would have the freedom to work in practically any sector. Managing the processes involved in creating a company's products and/or services is the general responsibility of an operations manager. For instance, an operations manager in the retail sector would be responsible for overseeing all planning and strategy-related tasks as well as everyday store floor operations. Operations in a company provide a lot of opportunity.
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Relative to the initial market equilibrium, at a price ceiling of $2, what is the amount of surplus transferred from producers to consumers?
When there is no price cap and the market price is $4, there are 3000 pounds sold, and the producer surplus is the space between the $4 priceline and the supply line up to the 3,000-pound level.
The Amount of Surplus is $2000.The producer surplus in this case is 0.5 × ( 4 - 1 )× 3000 = 4500.However, the amount is decreased to 1000 pounds when there is a price cap of $2.
The current producer surplus is 500, or 0.5 × ( 2-1 )× 1.The decrease in producer surplus is now 4500 – 500, which equals 4000.
Deadweight loss is one element of this decrease and is calculated as 0.5*(4-2)*(3000-1000) = 2000.The transfer of producer surplus to consumers makes up the remaining amount, which is equal to ( 4 - 2 ) * 1000 / 2000.
Therefore $2,000. is the correct Amount.
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Your marketing team is currently working through the target market selection process to identify which customers your firm will target with a new technology product being developed. You are currently in the process step where you must consider the target market characteristics, the product attributes, and the firm’s objectives and resources. Which of the five steps in the target market selection process are you currently working on?.
The five steps in the target market selection process are you currently working on Identify the appropriate targeting strategy.
An organization plans, executes, and maintains a marketing mix that is appropriate for the requirements and preferences of a target market, which is a collection of consumers (individuals, families, or organizations).
Compared to bulk marketing, target marketing is counterproductive. It entails locating and choosing particular portions to receive extra attention. Choosing a target market is only one of the numerous choices that business analysts and marketers must make during the segmentation process.
The general process known as S-T-P (Segmentation, Targeting, and Positioning) includes selecting a target market (or target markets). Before a company can create a positioning strategy, it must first divide the market into segments and choose one or more goals.
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In most experiments, tradeoffs are made between validities because it is not possible to achieve all four at once. What is the most common tradeoff?.
We choose between feasibility because in most experiments it is impossible to achieve all four at the same time. The most common trade-off is that as internal validity increases, external validity decreases.
A tradeoff is a situational decision to reduce or lose one quality, quantity, or function of a set or design in exchange for benefiting from the other. Simply put, a compromise is when one must increase and the other decrease.
A tradeoff is a kind of compromise in which you give up something in exchange for something else. When looking for an after-school job, you may have to compromise, such as a lower hourly wage, for a more convenient location. Trade-offs are common in competition and essential to strategy. They create a need for choice and protect against repositioners and straddlers. An example of an individual's opportunity cost is when a full-time worker decides to attend advanced medical school for a salary of $50,000. He earns $150,000 as a physician after 7 years of study with annual tuition of $30,000.
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Jonas purchases only two goods, starfruit (s) and kiwi (k). he has an income of $60 and can buy starfruit at $2 per pound and kiwi at $3 per pound. his utility function is:_________-
The Utility Function Shows That S and K can be used interchangeably, according to the utility function, and only one of them is really consumed.
Utility in economics refers to the pleasure or happiness that customers derive from using an item or service. Consumer preferences for a variety of products and services are gauged by the utility function.CALCULATION
Although the benefit or happiness that customers experience is calculated in units called utils
MPs / MPk = 3/4 = 0.75 for MRS.Ps / Pk= 2 / 3 = 0.67MRS > Ps/Pk,Hence only S will be employed.
'Starfruit' = 60 / 2 = '30
Kiwi = 0
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What are the similarities and differences between the way that professor porter discusses profits in business and the way that profits are discussed in the unit?
Porter asserts that a firm's investment value in terms of long-term return on investment depends on how potential sector entrants, customers, replacement goods, suppliers, and rival businesses interact.
More about Porter:
Twenty books and numerous essays by Michael Porter, including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition, have been published. Among the most important management and competitiveness theorists in the world, Michael Porter founded the modern strategy area.
Professor Porter is the most referenced author in business and economics and a six-time recipient of the McKinsey Award for the best article published in the Harvard Business Review during the year.
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work packages are critical for planning and scheduling a project because they are the level within a work breakdown structure (wbs) that will define .multiple select question.costs.required time.required resources.work method.
Work packages are critical for planning and scheduling a project because they are the level within a work breakdown structure (WBS) that will define b. required resources. c. costs. d. required time.
A work package is a group of related tasks within a project. Because they look like the project itself, they are often considered subprojects within a larger project. A work package is the smallest unit of work into which a project is divided when creating a work breakdown structure (WBS
Defining work package releases and iterations Scrum sprints are used in phases. The work package contents are decomposed or transformed into lower-level plans such as B. Release and iteration plans. This can be in the form of a backlog.
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Disclaimer:- your question is incomplete, please see below for the complete question.
a. work method.
b. required resources.
c. costs.
d. required time.
Customer-profitability analysis uses activity-based costing to determine the activities, costs, and profit associated with serving particular customers. True or false?.
Customer Profitability Analysis uses activity-based costing to determine the activities, costs, and profits associated with serving a particular customer. TRUE
Customer Profitability Analysis (CPA for short) is a management accounting and credit insurance technique that enables companies and lenders to determine the profitability of each customer or customer segment by attributing profits and costs to each customer individually. Customer Profitability Analysis use activity-based costing to determine the activities, costs, and benefits associated with serving a particular customer.
Remove a customer, product, or segment if revenue is less than the variable cost. Customer Profitability Analysis uses activity-based costing to determine the activities, costs, and profits associated with serving a particular customer.
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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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The system of governing a company so that the interests of corporate owners and other stakeholders are protected is known as corporate governance. True or false?.
The answer is true. Corporate governance is the framework for managing and directing businesses. The management of their companies is under the control of their boards of directors. The shareholders' role in governance consists of selecting the directors and auditors as well as ensuring that a suitable governance structure is in place.
In order to ensure that the interests of all of a company's stakeholders are aligned, corporate governance establishes a set of rules and practices that must be followed. Financial viability is a result of ethical business practices, which are a result of good corporate governance. Calculating the company's carbon footprint and upholding human rights within the organization are a couple of examples of good corporate governance practices.
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Small-island developing states have long been at the forefront of demanding that countries that are industrially advanced and are largely responsible for the emissions that cause climate change must address the loss and damages that sids are encountering due to climate change. What is the current status of reparations for sids?.
To inform developed nations of the harm and loss they are doing to SIDs reparations developing nations, small island developing governments established a commission. The impacted countries were expected to receive compensation from the at-fault countries.
According to the fundamental tenet of international law, the polluter pays, the responsible SIDs reparations nations were requested to relieve the afflicted nations of debt or to provide grants to make up for the damage.
It was said that the afflicted nations are suffering double injustice because they already pay SIDs reparations higher interest rates on their debt, preventing them from implementing a coping strategy to deal with the harm these nations have created.
The commission demanded compensation from the nations harming people. The SIDs reparations claim that they are victims of injustice because they already have debt and are paying increased interest rates, on top of which they are experiencing catastrophic climate change. Due to budgetary limitations, they are consequently at risk of loss and damage and are unable to take preventative measures.
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It is likely that you won’t like the prospect of paying more money each month, but if you do take out a 15-year mortgage, you will make far fewer payments and will pay a lot less in interest. How much more total interest will you pay over the life of the loan if you take out a 30-year mortgage instead of a 15-year mortgage?.
Based on the amount borrowed and the term of the loan, the amount more that you will pay in total interest over the life of the loan with the 30-year mortgage is $1,079,892.
How much more interest is paid?The total payment to be made on the 30-year mortgage is:
= 7,200.29 x 30 years x 12 months per year
= $2,592,000
Total interest paid in 30-year mortgage:
= 2,592,000 - 700,000 amount borrowed
= $1,892,000
The total payment to be made on the 15-year mortgage is:
= 8,401.18 x 15 x 12
= $1,512,212.40
Total interest paid in 15-year mortgage:
= 1,512,212.40 - 700,000
= $812,212.40
The total interest that was paid more with the 30 year mortgage than the 15 year mortgage is:
= 1,892,000 - 812,212.40
= $1,079,892
Rest of the question is:
Your friends suggest that you take a 15-year mortgage, because a 30-year mortgage is too long and you will pay a lot of money on interest. If your bank approves a 15-year, $700,000 loan at a fixed nominal interest rate of 12% (APR).
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when coca-cola decides to develop a new product, it creates the product itself, determines the price the new product will sell for, decides how to distribute the product to consumers, and develops a promotion campaign to inform the market of the new product. coca-cola has created a(n)
coca-cola has created a marketing mix
A foundational business model known as the "marketing mix" historically focused on the four Ps of product, price, location, and promotion The term "collection of marketing instruments that the business utilizes to accomplish its marketing objectives in the target market" refers to the marketing mix. Early in the twenty-first century, marketing theory first appeared. The modern marketing mix was initially published in 1984 and has since evolved into the basis for all marketing management choices. An expanded marketing mix is employed in the services industry. It often consists of 7 Ps (product, price, promotion, location, packaging, positioning, and people), which are the basic 4 Ps plus process, people, and tangible proof. On rare occasions, service marketers would mention the 8 Ps (product, price, place, promotion, people, positioning, packaging, and performance),
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Cage company had net income of $404 million and average total assets of $2,140 million. its return on assets (roa) is:_____.
Cage's company had net income of $404 million and average total assets of $2,140 million. Its return on assets (roa) is 18.88%(Approx).
What is return on assets?Assets are something that is owned by a company and the exchange of the amount that is invested in these kinds of things or properties that are intangible or tangible.
Whenever a company gets any kind of monetary refund or profit in exchange for the assets, it is termed a "return on assets. When one wants to calculate what amount of return they will get on assets, they can calculate it by using the following formula and putting the available data into it.
ROA is equal to=net income/total assets
=(404/2140)
which is equal to =18.88%(Approx).
Thus, return on assets (roa) is 18.88%(Approx).
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What does the image say?
Can someone unblur it?
I have no idea sir maybe someone could assist you
Like mitosis, meiosis involves duplication of the chromosomes before division starts. However, there are __________ rounds of cell division during meiosis and __________ during mitosis.
Like mitosis, meiosis involves the duplication of the chromosomes before division starts. However, there are two rounds of cell division during meiosis and one during mitosis.
The process of meiosis can be described as a process by which cell division in gamete cells takes place. The number of chromosomes is reduced to half in the process of meiosis so that the chromosome number can be maintained.
As a result of one cell division, like that of mitosis, two daughter cells are formed with exactly the same number of chromosomes as the parent cell.
In order to reduce the number of chromosomes to half, two divisions occur in meiosis so that four daughter cells are formed with half the number of chromosomes as the parent cell.
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The highest yielding savings accounts are paying historically low interest rates, so Maria is only able to get a 1% annual interest rate for her savings account. Assuming interest rates do not change, use the Rule of 72 to approximate how many years it will take for her to DOUBLE her money in this account?
Using the rule of 72 it is going to take Maria a period of 72 years in order to be able to double the money that is in her account.
What is the rule of 72?This is the term that is used to refer to the rule that helps to tell us of the number of years that would be needed in order to be able to double the amount of invested money of a person.
The formula for the rule of 72 is given as
t = 72 / r
where
t = years
r = rate in percentage
Hence we can say that
72 / 1%
Hence the period that it would take to double the money would be 72 years.
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The distribution of monthly rent for one-bedroom apartments in a city is approximately normal with mean $936 and standard deviation $61. A graduate student is looking for a one-bedroom apartment and wants to pay no more than $800 in monthly rent. Of the following, which is the best estimate of the percent of one-bedroom apartments in the city with a monthly rent of at most $800 ?.
The best estimate of the percent of one-bedroom apartments in the city with a monthly rent of at most $800 is 1.3%.
A percentage is a number or ratio expressed as a fraction of 100. is often described. A percentage is a part of a whole expressed as a number between 0 and 100, not as a fraction. Everything is 100%, half of it is 50%, and nothing is 0%. To get a percentage, divide part of the whole by the whole and multiply by 100.
Mean = \mu = 936
standard\ deviation = \sigma =61
To find
P(X<800)=P(\frac{X-\mu }{\sigma }<\frac{800-936}{61})
P(X<800)=P(z<-2.2295)
P(X<800)=0.01289
0.01289\times 100 = 1.289\approx 1.3% percent.
Hence, option 4) is correct is the best estimate of the percent of one-bedroom apartments in the city with a monthly rent of at most $800.
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