Examining the costs and possible gains of particular business operations or financial choices is known as marginal analysis.
Does the mean change marginally?The phrase "marginal change" is used by economists to describe minor modifications to an existing course of action. Simply put, margin changes are very modest incremental adjustments that only have an overall impact on the bigger (macroeconomic) totals.
What economic term you would employ to describe marginal?In terms of economics, extra serves as the best substitute for marginal. It is the extra element needed to achieve a specific goal. The various concepts that are frequently used in economics include marginal cost, contribution margin ratio, marginal analysis, marginal product, and marginal product.
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chou sales corporation uses the perpetual inventory system. on january 1, chen had 1,000 units of product a with a unit cost of $20 per unit. a summary of purchases and sales during the year follows: unit cost units purchased units sold feb.2 400 apr.6 $22 1,800 july 10 1,600 aug.9 25 800 oct.23 800 dec.30 28 1,400 required a. assume that chou uses the first-in, first-out method. compute the cost of goods sold for the year and the ending inventory balance at december 31 for product a. b. assume that chou uses the last-in, first-out method. compute the cost of goods sold for the year and the ending inventory balance at december 31 for product a. c. assume that chou uses the weighted-average cost method. compute the cost of goods sold for the year and the ending inventory balance at december 31 for product a. do not round until your final answers. round to the nearest dollar. a. first-in, first-out ending inventory answer cost of goods sold answer b. last-in, first-out ending inventory answer cost of goods sold answer c. weighted average ending inventory answer cost of goods sold answer
The Cost Of Goods Sold for 2018 and the ending inventory balance at December 31, 2018, for product A using first-in, first-out method, last-in, first-out method and the weighted-average cost method is given below.
Give a brief account on cost of goods sold (COGS).One of the several formulas, such as first-in-first-out (FIFO), specific identification, or average cost, is used to correlate costs with specific commodities. Costs consist of all acquisition, conversion, and other expenses incurred to bring the inventory to their current location and state. Materials, labour, and assigned overhead are included in the prices of the products created by the companies. The costs of those items that haven't been sold yet are postponed as inventory costs until the stock is liquidated or its value is written down. Many businesses sell products that they have either manufactured or purchased. The costs related to the purchase or production of the items are capitalised as part of the inventory (or stock) of goods. When a business recognises revenue from the sale of items, these costs are considered an expense.
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during year 2, jones foundation received the following support: a cash contribution of $875,000 to be used at the board of directors' discretion. a promise to contribute $500,000 in year 3 from a supporter who has made similar contributions in prior periods. contributed legal services with a value of $100,000, which jones would have otherwise purchased. at what amounts would jones classify and record these transactions?
The $100,000 in donated legal services would be classified and recorded by Jones Foundation as unrestricted revenue and added to the unrestricted net assets account.
How the transactions would be categorised and recorded by the Jones Foundation?
Since the $875,000 cash gift is unlimited and can be used however the Jones Foundation board sees fit, it will be reported as contribution revenue in the current year (year 2).
A delayed contribution revenue would be recorded for the pledge to donate $500,000 in year 3. The reason for this is that the donation was promised for a later year, and it is likely that the foundation will record the donation as revenue when it is received in year 3.
The $100,000 in legal services that were donated would also be counted as contribution revenue. The value of the legal services would be reported as revenue in the year in which they were received since they would be regarded as a non-cash contribution.
It's crucial to remember that the Jones Foundation must also take into account any limitations that may be imposed on the donations—either by the donor or by the law. Any limitations would have an impact on how the donations were categorised and recorded. When categorising and documenting these transactions, Jones Foundation should also take into consideration any applicable accounting rules and regulations.
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errors in inventory count pow corp. accidentally overstated its previous year ending inventory by $750. assume that the current year ending inventory is accurately counted. the error in the previous year will have what effect on pow corp.?
If ending inventory is overstated, the cost of goods sold would be understated, and net income would be overstated by the overstated amount of inventory.
Further, beginning inventory would be understated in year two, understating 2018's net income. Therefore, in this case 2018 net income is overstated by $750 and 2019 net income would be understated by $750.
What makes up the final inventory?The total value of the goods you have available for sale at the end of an accounting period, such as your fiscal year, is your ending inventory. It is a method of inventory accounting that enables businesses to accurately check stock, obtain financing, and benchmark net income.
Why is it important to end inventory?Accounting, tax, and business management all rely on ending inventory tracking. Ending inventory can be one of the company's most valuable assets, so its accurate tracking and valuation are critical. The company's cost of goods sold (COGS) is also affected by the method of inventory valuation chosen, which has an effect on gross and net profit as well as tax liability.
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a temporary driver's license is an acceptable form of client identification for bank product purposes. true false
States may solely problem a brief or limited-term REAL ID driver's license or identification card to an person who has brief lawful status in the United States.
Who would qualify for a transient license in Tennessee?The Temporary Driver License is issued to men and women whose presence in the United States has been approved by the federal government for a specific reason and for a specific length of time. Qualifying applicants will be issued a image license report valid for both driving and identification purposes.
There are no security elements on the paper these Temporary Texas Driver License are printed on.
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https://brainly.com/question/26006107#SPJ1How do low level bureaucratic employees get selected? (more than one)Pendelton actMerit based system
A lot of low-level administrative positions are filled through competitive exam-based civil service procedures, which are meant to ensure a certain degree of skill and remove politics from the hiring process.
What is meant by bureaucratic?referring to a system of running a country, business, or organization that is run by a lot of officials: Because of its extensive bureaucracy, the business was inefficient. A complex organization with multilayered procedures and processes is referred to as a bureaucracy. Decision-making is slowed down by the systems and procedures that have been put in place. They are made to uphold control and homogeneity inside the company.Bureaucratic refers to involving complex regulations and procedures that may result in significant delays. Governmental organizations, big businesses, and the military are typical examples of bureaucracy. Each of these organizations has a codified decision-making process, a written set of rules and regulations, and a hierarchical organizational structure. A logical way to achieve some aims is through bureaucracy.To learn more about bureaucratic refer to:
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True or false: All else being equal, a one-year bond's price is less sensitive to interest rate changes as compared to that of a ten-year bond's price
All else being equal, it is true that the price of 1-year bonds is less sensitive to changes in interest rates than the price of 10-year bonds.
Bonds are inversely related to interest rates. Generally, when borrowing costs increase (interest rates rise), bond prices fall and vice versa. At first glance, the negative correlation between interest rates and bond prices seems a little illogical. But upon closer inspection, it actually starts to make sense. Most bonds pay a fixed interest rate, but as interest rates fall they become more attractive, increasing demand and increasing bond prices.
Conversely, when interest rates rise, investors dislike the lower fixed interest rates of bonds and prices fall. Zero coupon bonds are an example of how this mechanism works in practice.
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erik bought a coat on sale for 20 % off the retail price. if he paid $ 250 , what was the original retail price?
Erik saved 20% on purchase of a coat and getting discount. If Erik paid $ 250, The original retail price would be $312.5 ( 250/0.80 = 312.5). The retail price is set by the retailer and is the final sale price to the customer.
Calculation:A 20% discount means that the new price of the coat is 80% of the original price: 80% (100% – 20%)
100% - 20% = 80% = 0.80
250 = × * 0.80
Hence,
x = 250/0.80 = 312.5
A 20% discount means that the original price of the coat is 80% of the original price.
$80 (100% – 20%)
What are Retail price?Retail price is the price that consumers pay for a product in a particular market. Basically, it is the cost paid for the item as it moves from the producer to the consumer. This amount is determined by adding a markup to the item cost to reach the retail price.
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the original retail price of the coat was $312.50 before the 20% discount.
What is retail price?Retail price is the price at which a product is sold to the general public, usually by a retailer. Retail prices are usually higher than the cost price or wholesale price of the product because retailers need to make a profit. Retail prices are also affected by additional costs such as marketing, shipping and handling, and other expenses. Retail prices vary depending on the brand, quality, size, and location of the store. Retail prices are also affected by the competition and the market demand. In some cases, products are sold at a discount, which results in a sale price lower than the retail price, and this is when the consumer can benefit from that sale and buy the product at a lower price. Retail prices are a crucial aspect of the economy as they reflect the purchasing power of the consumers.
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for the current year ended december 31, tyre co. reported pretax financial statement income of $750,000. its taxable income was $650,000. the difference is due to accelerated depreciation for income tax purposes. tyre's effective income tax rate is 30%, and tyre made estimated tax payments during the year of $90,000. what amount should tyre report as current income tax expense for the year?
The expense for current income taxes for the year should be $195,000 tyre.
Please elaborate it?The amount currently payable (current portion) and the tax impacts of temporary variations must be stated separately as income tax expense (deferred portion). Taxable income is multiplied by the current tax rate, which is currently set at 30% ($650,000 x 30% = $195,000), to determine the current share. ($100,000 temporary difference x 30% = $30,000) is the deferred component. Although they would reduce the amount of taxes owed, the expected tax payments ($90,000) have no impact on the tax expense amount.
What's the income rate?The percentage of your income that the government deducts as taxes is known as an income tax rate.
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a corporation: multiple choice is ultimately controlled by its board of directors. is a legal entity separate from its owners. is prohibited from entering into contractual agreements. has its identity defined by its bylaws. has its existence regulated by the rules set forth in its charter.
The owners of a corporation are not considered to be part of it legally.
What about businesses is accurate?
A business is a legitimate entity that runs independently from its owners. Many of the legal obligations and rights that apply to people also apply to businesses.
They have the power to enter into agreements, make and accept loans, engage in legal action, appoint attorneys, employ personnel, and amass property.
What does a business achieve?
A corporation is a firm that has the legal status of a corporation and was created with the goal of producing a profit by shareholders, investors, or other private individuals.
In terms of their legal powers, corporations can engage in transactions, bring legal actions, possess property, pay federal and state taxes, and borrow money from financial institutions.
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how long will it take $5000 to grow to $6500 if the investment earns interest at the rate of 6%/year compounded monthly?
It will take 4.38 years to grow $5000 to $6500 if the investment earns interest rate of 6%/year compounded monthly.
given data:
total amount = $5000
growth amount = $6500
interest rate = 6% per year
required time = t
the formula will be:
A= P[ 1+(R/12 ÷ 100)]^12t
6500 = 5000[ 1+6/12 ÷ 100]^12t
1.3 = 1.005^12t
log (1.3)= log [(1.005)^12t]
log (1.3)= 12t log (1·005)
t = log (1.3) / 12 log(1.005)
t = 4.38
t = 4.38 years.
A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a thing, they do not intend to utilise it as a source of immediate consumption, but rather as a tool for future wealth creation. Investments are defined as assets bought or invested in with the goal of increasing wealth and setting aside funds from salary or capital gains. The main goal of an investment is to generate more revenue or to make money on the investment over a certain amount of time.
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a 7-year municipal bond yields 4.80%. your marginal tax rate (including state and federal taxes) is 32.00%. what interest rate on a 7-year corporate bond of equal risk would provide you with the same after-tax return? (round your final answer to two decimal places.)
On a 7-year corporate bond of equal risk would provide you with the same after-tax return, the interest rate will be 7.06%.
What advantages do corporate bonds offer?Corporate bonds are an essential part of any diversified portfolio and are frequently viewed as the "yin" to equities' "yang." Corporate bonds have a wider variety, greater liquidity, and less volatility than stocks, but they also often offer lower long-term returns and involve credit and interest rate risk.
What distinguishes bonds from corporate bonds?The risk profile of corporate bonds and government bonds is the key distinction. Because corporate bonds typically have a higher credit risk than government bonds, they typically offer a higher yield.
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for a single-price monopoly, marginal revenue is group of answer choices a and b less than price for all units of output after the first unit. horizontal. greater than price. equal to price for the first unit of output.
Under the price for each output quantity (P > MR). As a result, for a monopolist, the marginal curve of revenue is lower than the demand curve.
What exactly is a monopolist?A monopolist is an individual, collective, or organization that prevails and controls a specific market for a good or service. Because there is no competition and no substitute goods or services, the monopolist has enough market power to charge high prices.
What is a monopolist example?A monopoly is a company that is the single seller of the its product and has no close substitutes. An unregulated monopoly wields market power and has the ability to influence prices. Examples include Microsoft and Window frames, DeBeers and diamonds, and your neighborhood natural gas company.
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today, erica can get a 30-year mortgage with a low interest rate. if erica time-traveled back to the 1920s, what would the terms of her mortgage likely be and why?
Interest rates in Europe are currently at an all-time low. Most people think it makes sense to lock in these affordable borrowing rates for as long as possible when buying a home in Germany. Why else would they, right? Nevertheless, as Your German Mortgage shows, it's not always the best course of action.
The interest rate is the amount of interest that is calculated as a percentage of the amount lent, deposited, or borrowed and is due each period. The principal, interest rate, frequency of compounding, and length of the loan, deposit, or borrowing are all factors that affect the final amount of interest charged on a sum lent or borrowed. The annual interest rate is the interest rate that is calculated over a year. The interest rate "measures the preference for a dollar of present income over a dollar of future revenue," according to one definition. The borrower is prepared to pay back the loan.
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a. what type of price control would policy makers use to keep the price of wheat from getting too high?
Policymakers may use several types of price control to keep the price of wheat from getting too high. Some of the most common methods include Price Ceilings, Subsidies, Import tariffs, Price floors, Stockpiling
Price Ceiling: This is a legal maximum price that can be charged for a good or service. This is often used when policymakers believe that the market price is too high and that consumers are being harmed by high prices.Subsidies: Policymakers can provide financial assistance to farmers to help them produce wheat at a lower cost. This can help to keep the price of wheat down.Import tariffs: Policymakers can impose taxes on imported wheat to make it more expensive for consumers. This can help to reduce demand for imported wheat and increase demand for domestic wheat, keeping the price of wheat down.Price floor: This is a legal minimum price that can be charged for a good or service. This is often used when policymakers believe that the market price is too low and that producers are not being paid enough for their goods or services.Stockpiling: Policymakers can buy large amounts of wheat and store it in government-owned warehouses to help stabilize the market and keep prices from getting too high.It's important to note that these methods have their own pros and cons, and choosing the right one depends on the specific context and what the policymakers are trying to achieve.
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Agricultural subsidy programs.
A subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut. In economic theory, subsidies can be used to offset market failures and externalities to achieve greater economic efficiency.
Farm subsidies stimulate additional production of government-favored commodities by raising incentives to use scarce land and farmer talent on some products rather than on others. The specifics of the government program determine the degree of production stimulus; real farm programs are usually much more complex than the per unit production subsidies or price supports described in textbooks. Eliminating a subsidy for just one crop would cause production of that crop to fall much more than if all crop subsidies were eliminated simultaneously
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what are the four types of prepared financial statements? which one do you think would be most favored by potential buyers of companies?
Answer:
There are four main types of prepared financial statements: income statement, balance sheet, cash flow statement, and statement of changes in equity.
An income statement shows a company's revenues and expenses over a period of time, such as a month or a year. It helps to show if a company is making a profit or a loss.
A balance sheet shows a company's assets, liabilities, and equity at a specific point in time. It helps to show a company's financial position.
A cash flow statement shows how much money a company is bringing in and spending over a period of time. It helps to show a company's liquidity.
A statement of changes in equity shows how a company's equity has changed over time. It helps to show how much money a company has invested in itself and how much money it has paid out to shareholders.
The most favored statement by the potential buyers of companies would be the cash flow statement, because it shows how much money a company has coming in and going out, and it helps to predict the company's future financial health.
Which of the following allows for future planning due to a set amount (and set interest) due per payment
A stream of future payments will eventually increase to this value if a specific quantity of compounded interest profits gradually accumulate during the measuring period. P equates to PMT [((1 + r)n - 1) / r]. A is correct.
What do you call the value of future payments at the current time?Given a specific rate of return or discount rate, an annuity's present value is the current worth of its expected future payments. Future value (FV) is the value of an asset now based on an anticipated rate of increase in the future. Deferred payment criteria: The term "deferred payments" refers to sums that must be paid at a later date. In a modern economy, a significant portion of transactions include future payments that are simply expressed in monetary terms. M is equal to P [i(1 + I / [(1 + i)]n - 1]. A description of each of the variables is given below: M is the overall monthly payment. P is equal to the whole loan amount.
The complete question is:
Which of the following allows for future planning due to a set amount (and set interest) due per payment?
Fixed rate
Flexible rate
Semi-flexible
None of the above.
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true or false? there should be one person who is tasked with creating and maintaining your buyer personas.
It is TRUE that one person should develop and maintain all of your buyer personas.
What is a buyer persona?A buyer persona is a thorough description of a consumer in your target market.
Despite being made up, this persona was created after careful consideration of your current or intended audience.
It may also be referred to as a marketing persona, audience persona, or client persona.
Our buyer personas should be developed and maintained by a single individual.
As many people as possible need to contribute, but there should be one person in charge of ensuring that personas are developed and kept up to date.
We can learn more about your client's requirements and desires by using buyer personas.
Therefore, the given statement "one person should create and update all of your buyer personas" is TRUE.
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The following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July.
Corporate legal office salaries $56,000
Apparel Department cost of sales—Evendale Store $90,000
Corporate headquarters building lease $48,000
Store manager's salary—Evendale Store$12,000
Apparel Department sales commission—Evendale Store $7,000
Store utilities—Evendale Store $11,000
Apparel Department manager's salary—Evendale Store $8,000
Central warehouse lease cost $15,000
Janitorial costs—Evendale Store $9,000
The Evendale Store is just one of many stores owned and operated by the company. The Apparel Department is one of many departments at the Evendale Store. The central warehouse serves all of the company's stores.
1. What is the total amount of the costs listed above that are direct costs of the Apparel Department?
2. What is the total amount of the costs listed above that are direct costs of the Evendale Store?
3. What is the total amount of the Apparel Department's direct costs that are also variable costs with respect to total departmental sales?
The department of apparel's overall direct expenses are as follows:
Cost of sales for the clothing section of Even-dale StoreSales commission for the clothing department of Even-dale StoreSalary of the clothing department manager at Even-dale StoreTherefore:
Total direct costs for the Apparel department = $90,000 + $7,000 + $8,000 = $105,000
The Even-dale Store's overall direct costs are:
Cost of sales for the clothing section of Even-dale Store
Even-dale Store wage for store managersEven-dale Store utilities, the clothing department sales commissionSalary of the clothing department manager at Even-dale StoreEven-dale Store cleaning feesTherefore:
Total direct costs for the Even-dale Store = $90,000+ $12,000 + $7,000 + $11,000 + $8,000 + $9,000 = $137,000
Total direct expenses for the apparel division that are also variable expenses are as follows:
Cost of sales for the clothing section of Even-dale StoreSales commission for the clothing department of Even-dale StoreSince it is a fixed expense, the manager's compensation is not included.Therefore:
The total costs and variable costs for the Apparel department = $90,000 + $7,000 = $97,000.
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Which of the following statements is true of a disabled person as defined by the Americans with Disabilities Act (ADA)?
a. A person is not considered disabled if any corrective measures or devices are used to reduce the impact of the disability.
b. A person is considered disabled if he or she is thought to have a mental or physical challenge that greatly reduces his or her ability to perform important life functions.
c. A person is not considered disabled if he or she has ever been a user of illegal drugs and substances.
d. A person is considered disabled on the basis of his or her inability to do something, irrespective of his or her medical condition.
The following statements is true of a disabled person as defined by the Americans with Disabilities Act (ADA): b. A person is considered disabled if he or she is thought to have a mental or physical challenge that greatly reduces his or her ability to perform important life functions.
The 88th US Congress passed the Civil Rights Act of 1964, which President Lyndon B. Johnson signed into law on July 2, 1964. In the United States of America, it is a civil rights and labour law that forbids discrimination, maintains the citizens' constitutional right to vote, and forbids segregation in schools. As a result, the Civil Rights Act of 1964 outlawed discrimination in the workplace based on racial, ethnic, or religious grounds.A civil rights law known as the Americans with Disabilities Act (ADA) of 1990 was passed and signed into effect to outlaw discrimination against people with disabilities in all spheres of public life. What constitutes equitable treatment for a person with a handicap in settings like schools, hospitals, transit, restaurants, workplaces, etc. is basically determined by the ADA.
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for most of the 1990s and early 2000s, music fans usually had to purchase entire music albums even if they only wanted one or two songs. the itunes store enabled individual song purchases to give the users more choice. what did this represent? group of answer choices a culture shock an innovation a diffusion a discovery
Individual music purchases are now possible through the iTunes store, giving users more options. It is an example of (A) innovation.
What is innovation?Innovation is the application of concepts in a way that results in the creation of new products or services or enhances the provision of existing ones.
Innovation is defined as "a new or altered entity realizing or dispersing value" by ISO TC 279 in the standard ISO 56000:2020.
Others have alternative explanations, but they all stress the invention, advancement, and spread of ideas or technologies.
Innovation frequently takes place through the development of more effective products, processes, services, technologies, works of art, or business models, which innovators then make accessible to customers, governments, and society at large.
Therefore, individual music purchases are now possible through the iTunes store, giving users more options. It is an example of (A) innovation.
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Complete question:
For most of the 1990s and early 2000s, music fans usually had to purchase entire music albums even if they only wanted one or two songs. The iTunes store enabled individual song purchases to give users more choices. What did this represent?
a. An innovation
b. A discovery
c. A culture shock
d. A diffusion
like a good economist, you calculated the opportunity cost of getting your college degree. suppose that at your university, you will pay $15,000 each year for tuition, $2,500 each year for textbooks, and $8,000 per year for room and board. before you left for college, your boss at your high-school job offered you a job paying $15,000 per year. assume that if you decided not to go to college, your parents would not let you live at home. what is your opportunity cost for four years of college?
During four years of college, the opportunity cost is $116,000. Opportunity cost is equal to (tuition plus books plus income from a job) x (4).
What is an example of cost in business?A business must pay a cost in order to supply a products or services to its clients. These costs include things like storefront rent, stock replacement investments, and employee pay.
What advantages does cost have for business?Making informed business decisions requires having a clear understanding of your expenses. It helps you determine your company's profitability and price points. However, correct costing is challenging, and many businesses struggle with it.
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a. by coordinating the efforts of supply chain participants, firms that engage in supply chain management are reaching beyond the limits of their own organization's hierarchical structure and creating a new network form of organization among the members of the supply chain b. electronic data interchange (edi) was the first form of electronic commerce to be widely used in business. c. direct materials that companies buy on a recurring basis are called mro supplies. d. many industry value chains no longer consist of a single sequence of companies linked in a single line but include many parallel lines that are interconnected in a web or network configuration.
Supply chain management (SCM) is the coordination and management of activities involved in the production and delivery of a product or service. It involves the management of the flow of materials, information, and financial resources from suppliers, through the company and its production processes, to the end customer.
What is supply chain management?The goal of SCM is to optimize the overall performance of the supply chain by reducing costs, improving efficiency, and increasing customer satisfaction.
According to question:-
a. Supply chain management involves coordinating the efforts of multiple organizations to improve the overall efficiency and effectiveness of the supply chain.
b. Electronic data interchange (EDI) was one of the first forms of electronic commerce to be widely adopted in business and is still used today for the electronic exchange of business documents.
c. MRO supplies refers to maintenance, repair, and operating supplies that a company regularly purchases.
d. Many industry value chains have evolved to include multiple parallel lines of companies that are interconnected in a web or network configuration, rather than a single sequence of companies.
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BUSINESS 1. Explain five advantages a firm would enjoy by engaging in prize winning competition as a method of sales promotion.
Answer:
I hope my answer is good!
1- Increased brand awareness: Prize-winning competitions can generate a lot of buzz and excitement, which can lead to increased brand awareness and visibility for the company.
2- Increased sales: By offering a prize, companies can incentivize customers to purchase their products or services, resulting in increased sales.
3- Customer engagement: Prize-winning competitions can also help companies to engage with their customers, as they are more likely to participate in the competition if there is a chance to win a prize.
4- Cost-effective: Prize-winning competitions can be a cost-effective way for companies to promote their products or services, as the cost of the prizes can be less than the cost of traditional forms of advertising.
5- Consumer data collection: Prize-winning competitions can also help companies collect valuable data on their customers, such as contact information, demographic information, and purchasing habits.
Answer: creates new things
Explanation:
creates word of mouth
creates a reason to ,creates a focused marketing approach, creates great revenue, creates a source of information
firm x is producing 1000 units, selling them at $15 each. variable costs are $3 per unit and the firm is making an accounting profit of $3000. what is the firm's total costs? $10,000 $11,000 $12,000 $13,000
$12,000 is the firm's total costs.
Costs that vary according on how much of a good or service a company produces are known as variable costs. The total of marginal costs across all units produced represents variable costs.
They may also be regarded as typical expenses. The two elements of total cost are fixed costs and variable costs.
Total cost is the term used to describe the total cost of manufacturing, which includes both fixed and variable costs. The cost necessary to manufacture a good is referred to as the whole cost in economics.
Formula of total cost: TC = FC + VC = Kr+Lw.
And total revenue less all costs, both explicit and implicit, equals economic profit.
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Which of the following steps of the consumer decision making process involves comparing the product to expectations and deciding whether it is satisfying or dissatisfying?
answer choices
O Alternative evaluation
O Post-purchase evaluation
O Information searching
O Need identification
Post-purchase evaluation of the consumer decision-making process involves comparing the product to expectations and deciding whether it is satisfying or dissatisfying
Customer satisfaction can be increased and future decisions can be informed by post-purchase evaluation, which can be a useful tool for both customers and businesses. After making a selection, consumers evaluate their choices by evaluating their satisfaction with the product in relation to their expectations.
Taking into account elements like quality, cost, and customer service, the consumer may also judge the total worth of the good or service. The evaluation enables the customer to reflect on his experience and make future decisions with greater knowledge. It can also give the company feedback on the customer experience, enabling it to make adjustments and better satisfy customer needs.
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fiafia is a developer at adventure works who is needs to deliver a real-time power bi dashboard. it should present real-time manufacturing data with the lowest possible latency. the dashboard only shows manufacturing events for the past hour. the solution should use the minimum of power bi resources. what type of dataset should fiafia develop?
Microsoft Power BI type of dataset should fiafia develop in order to deliver a real-time power bi dashboard.
A group of data is referred to as a data set (or dataset). When dealing with tabular data, a data set is equivalent to one or more database tables, each of which corresponds to a specific record of the corresponding data set and each of whose columns and rows represent different variables. The values may be numerical data (i.e., data that does not consist of numerical values), such as company's information on a person's ethnicity, or they may be nominal data (i.e., information that does not consist of numerical values). Values may, more broadly speaking, be of any of the types that are specified as levels of measurement. The values for each variable are typically all of the same sort.
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a company is considering purchasing a machine for $100,000. shipping costs would be another $5,000. the project would require an initial investment in net working capital of $4,000 which would be recouped at the end of the project. what is the project's initial outlay?
When a business is thinking about spending $100,000 on a machine, the project's first investment will be $109,000. Another $5,000 would be needed for shipment.
Does "outlay" also imply "expend"?Any payment paid to support such activity is referred to as an outlay cost. The expenses for a research endeavor, for instance, can include salaries, lab materials, and test services. Alternatively, direct materials, indirect suppliers, and direct labor are all included in the outlay expenses for a production run.
What is an example of a capital outlay?Examples of capital outlays include expenses that result in the purchase of fixed assets, site enhancements, building construction, renovation of existing structures for energy efficiency, and additional furniture and equipment for educational institutions.
Initial outlay = Purchase price of machine + Shipping cost + Initial investment in net working capital
= $100,000 + $5,000 + $4,000
= $109,000
Initial outlay = $109,000
Therefore, $109,000 is the project's initial outlay.
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williams inc. has acquired software to help manage interactions with its supply base. this suggests that williams inc. is involved in:
Williams inc. has acquired software to help manage interactions with its supply base. this suggests that Williams inc. is involved in Vendor-managed inventory.
What is VMI and how it works?Vendor Managed Inventory operates by developing a symbiotic connection between the two parties to a transaction, enabling the parties to share risk and cooperate for mutual gain. The vendor is able to control and manage the complete supply chain by taking care of the inventory and supply chain management for the buyer.
What do VMI's goals entail?The goal of VMI is to create citizen-soldiers—men and women who have received a quality education for the civilian world and are also equipped to defend their nation through the military forces. Army, Navy, and Air Force ROTC units are kept active by the Department of Defense at VMI.
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a married couple filing taxes jointly has just sold their residence for a substantial gain. which is not correct about their ability to exclude the gain from taxes? a) the ownership and use periods need not have been continuous. b) they must have occupied the residence for two of the last five years. c) they may exclude up to $1 million of the gain. d) they may exclude up to $500,000 of the gain.
A married couple who file their taxes jointly recently sold their home for a significant profit. Their claim that they can deduct up to $1 million of the gain from their tax bill is incorrect. The solution is then B.
What is significant financial assistance?The amount of support that is sufficient for the individual to be listed as a dependent on federal and state income tax returns is referred to as substantial financial support. The person who claims the student as a dependent must cover more than half of the student's expenses. Food, lodging, clothing, education costs, medical and dental care, recreation, and transportation are all included in total support. In addition to all taxable and nontaxable income, it also includes housing provided by the state, welfare, and food stamps. The fair rental value of a lodging is the cost of lodging, and household expenses like food must be shared equally by all household members .
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Your organization is considering launching a new project. Robert, the CEO, wants to know what business value the proposed project will contribute. Which one of the following is not an example of business value consideration for a new project
Answer:
Not all processes and procedures in the PMBOK guide are required on all projects
