Based on the role that Brad plays and the roles played by the other group members who are transplant surgeons, services are a. more heterogeneous and less standardized and uniform.
How do services differ from goods?Services are not as standardized as goods because they often need to be tailored to the needs of the customer.
Brad puts in stent grafts depending on the injury, and the other transplant surgeons have to customize their services as well. This shows that services are heterogenous for the most part.
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the best alternative given up when we make a decision is called the ________ of that decision.
The best alternative given up when we make a decision is called the Opportunity Cost of that decision.
What is an Opportunity Cost?Opportunity cost is the forgone alternative when a decision has to be made.
For instance, if a meal has to be skipped to afford the payment of a book, then the opportunity cost or foregone alternative is the meal. Therefore, the correct answer is opportunity cost.
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D
Question 5
Net worth, or net income, can be summarized as:
O Income - Expenses
O Income / Expenses
Income + Expenses
O Expenses- Income
3 pts
Answer:
income - expenses
Explanation:
net income is an entity's income minus all the expenses, taxes etc and net worth is the total wealth own by individual minus expenses.
Jennifer is giving a presentation about the results of her microbiology experiment. She is very confident in front of the audience. She speaks in a clear voice, and often tells a few jokes to show her personality. Jennifer is displaying great
.
Alex is another microbiologist listening to Jennifer’s presentation. He wants to remember her results so that he can use the information to help with his own experiment. He pays close attention to what Jennifer says, writes down key points, and draws a diagram to help him remember the main ideas. His
will help him remember this information later when he is in his office.
#1. The answer to this one is that Self-Representation skills correspond with how you dress and personal hygiene, so this cannot be the right choice. It also is not C because Jennifer is the one speaking; she is not listening.
#2. The answer to this one is C because he is taking notes to help better remember Jennifer's presentation.
It's your friends 35th birthday today and you happen to talk to her about her retirement plans. Your friend tells you she is planning to save $5,000 per year for retirement, and has just made her first deposit today. She will invest in a mutual fund that will provide a return of 8% per year. She plans to retire when she turns 65 (and will make 30 annual payments of $5,000 until then), and she expects to live to age 90. Under these assumptions, how much can she spend in each year after she retires? Her first withdrawal will be made one year after she retires (i.e. on her 66th birthday), the last withdrawal on her 90th birthday.
She can spend $6,480 each year after she retires.
What is a retirement plan?A retirement plan is a financial arrangement created to supplement income received from the job after retirement. Employers, insurance providers, labor unions, the government, or other organizations may establish these programs. By providing advantageous tax treatment to a wide range of plans, Congress has stated a goal to promote sensible retirement planning. The Internal Revenue Code's provisions form the basis for the federal tax features of retirement plans in the United States, while the Employee Retirement Income Security Act's requirements are used by the Department of Labor to govern these plans (ERISA).Solution -[tex]5000 * 30 = 150,000[/tex]
8% of [tex]150,000 = 12,000[/tex]
The total amount for retirement [tex]= 162,000[/tex]
Number of years to spend money [tex]= 25[/tex]
The money she can spend each year = [tex]\frac{162,000}{25} =6,480[/tex]
Therefore, she can spend $6,480 each year after she retires.
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Why do you need to know what your audience is thinking and feeling on their path-to-purchase with your organization
We may begin to develop material that speaks to the requirements of our audience if we are aware of their underlying motives and potential obstacles.
Why do you need to know what your audience on their path-to-purchase?Many manufacturers examine patron pride as a mirrored image of ways efficiently the enterprise is assembly patron expectations.
However, not withstanding the perception it could offer into the effect a commercial enterprise is making, patron pride by myself fails to offer perception into the fulfillment of a company’s patron enjoy strategy. For example, a patron might be particularly glad however absolutely unmotivated to make extra purchases or propose the logo to others.
When you integrate patron pride with a broader strategy, to leverage emotional connection, you’re capable of compare how probable clients are to buy greater, propose greater, and continue to be dependable over time.
Our today's studies has determined that the clients of these days need manufacturers to construct an emotional reference to them and exhibit an know-how of ways they feel. More than 60% of clients need groups to care greater approximately them and say that they might purchase greater as a result.
Customer pride is a miles less complicated metric to degree than emotion. As defined in our manual to taking pictures patron emotion, even if clients try to describe how they feel, they won't completely recognize their very own subconscious emotional responses and be capable of as it should be describe their enjoy. As a result, groups ought to leverage an omnichannel analytics platform to investigate the emotional connection a patron has together along with your commercial enterprise primarily based totally on records from throughout sources.
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This morning your manager asked you to complete a special task by this afternoon. While you are working on it, a customer asks you for help. If you stop to help them, you probably will not finish the task for your manager. What would you be MOST likely to do
This international business strategy is generally the most expensive commitment that a firm can make to an overseas market
because it normally involves the building of manufacturing plants and it is typically driven by the economic and business
dynamics of the target market.
A:Licensing
B:Outsourcing
C:Franchising
D:Foreign Direct Investment
Foreign Direct Investment is the international business strategy is generally the most expensive commitment.
What is Foreign Direct Investment?Foreign Direct Investment is the investment of the one company investment to another country. Mostly this type of business is done by the business person to expand their business in multiple countries and establish their portfilio.
Thus, option D is correct.
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Mary is preparing a purchase offer for her buyer client. It's a fairly standard offer: a little less than list price, with the seller paying a little toward the buyer's closing costs. Mary fills in the blanks on a standard form used in her brokerage firm based on the current situation. Is this okay
Answer:
I think that Mary is doing right
Yes, Mary can use the standard forms that her brokerage uses (assuming these forms were originally created or approved by an attorney). Thus option D is correct.
What is list price?The price of a good or service that is mentioned or recorded is called the list price. In a seller's pamphlets of sales literature, list prices are provided. To fix the prices that merchants charge for a vendor's items, a list price is published.
A form of money down known as a mortgagee mortgage involves the buyer lending the seller a note. It is applied to the purchase's total cost. If the standard forms used by Mary's firm were initially drafted or cleared by an attorney, she may use them.
The attempt to purchase would become a contract and when both parties have signed it and any subsequently is must or amendments have been accepted. Therefore, option D is the correct option.
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The question is incomplete, the complete question will be :
Mary is preparing a purchase offer for her buyer client. It's a pretty standard offer: a little below list price, with the seller paying a little toward the buyer's closing costs. Mary fills in the blanks on a standard form used in her brokerage firm based on the current situation. Is this okay?
A. No, Mary is not an attorney and shouldn't prepare contracts.
B. No, Mary should have her client prepare the offer.
C. No, Mary should hire an attorney to prepare the purchase offer.
D.Yes, Mary can use the standard forms that her brokerage uses (assuming these forms were originally created or approved by an attorney).
A ________ is used in the final step of identifying viable Six Sigma improvement projects in order to easily select the priority projects based upon business criteria. Select one: a. Project Viability Model b. Selection Matrix c. Any of the Above d. None of the Above
Project Viability Model is used in the final step of identifying viable Six Sigma improvement projects in order to easily select the priority projects based upon business criteria.
What is Six Sigma program?A set of six management techniques, which are used by business organizations in order to detect and avoid the errors of a business process and improve efficiency, is a part of the six sigma program.
Hence, option A holds true regarding six sigma program.
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You rent a car for $29.95. The first 150 miles are free, but each mile thereafter costs 15 cents. You drive it 200 miles. What is the marginal cost of driving the car
Answer:
The marginal cost of driving the car is $7.50 + the cost of gas.
Explanation:
Initial cost: $29.95
200 miles you drove- 150 miles free= 50 miles you have to pay for
50 miles * 15 cents per mile
50* 0.15= $7.5
$7.50
You are evaluating a potential purchase of several light-duty trucks. The initial cost of the trucks will be $194,000. The trucks fall in the MACRS 5-year class that allows depreciation of 20% the first year, 32% the second year, 19% the third year, 12% the fourth year, 11% the fifth year, and 6% the sixth year. You expect to sell the trucks for 29,100 at the end of five years. The expected revenue associated with the trucks is $155,000 per year with annual operating costs of $81,000. The firm's marginal tax rate is 25.0%. What is the after-tax cash flow associated with the sale of the equipment
The after-tax cash flow associated with the sale of equipment is $299,325.
What is an initial cost?The initial cost is the typical cost of buying or producing the goods you have on hand.What is an operating cost?Operating costs, often known as operating costs, are the costs associated with running a company, or with running a machine, part, piece of equipment, or facility. They represent the cost of the resources an organization uses just to stay in business.What is cash flow?The actual or fictitious movement of money is known as cash flow. In finance and accounting, cash flow describes the capital inflows and outflows of particular economic units with the aim of achieving a particular goal within a predetermined window of time. Making an accurate prediction of future cash flows is required in accounting in addition to measuring current cash flows.Solution -Revenue of 5 years [tex]= 155000 * 5 = 775000[/tex].
Operating cost of 5 years [tex]= 81000 * 5 = 405000[/tex].
Sale of equipment [tex]= 29100[/tex].
Net profit = [tex]775000+29100 - 405000=399100[/tex].
Tax to be deducted at 25% [tex]= 99775[/tex].
Cash flow after tax [tex]399100-99775=299325[/tex].
Therefore, the after-tax cash flow associated with the sale of equipment is $299,325.
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Erin bought a $100,000 whole life insurance policy. When she is 65 she decides to surrender the policy for its cash value of $60,000. Of the cash value, $50,000 is premiums. How much of Erin's cash surrender is taxable?
The difference between the cash value and the premiums paid is taxable upon policy surrender ($60,000 - $50,000 = $10,000). Erin's cash surrender that is taxable is $10,000.
What is cash surrender value of whole life insurance and how it is calculated?Cash surrender value is the amount that remains after the fees when permanent life insurance policy has been cancelled.
Cash surrender value of whole life insurance can calculated by adding up the total payments being made to the insurance policy and then subtract the fees that has been charged by the insurance company for surrendering the policy.
In short, Cash surrender value is the amount left over after fees when you cancel a permanent life insurance policy.
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Substitution and income effects of a change in price of a good may be used to explain the
direct relationship between price and quantity purchased.
O inverse relationship between price and quantity demanded.
direct relationship between price and quantity supplied.
direct relationship between income and demand.
Substitution and income effects of a change in price of a good may be used to explain the inverse relationship between price and quantity demanded.
What is the income and substitution effect?The substitution effect looks at the change in price of a good relative to other goods. If the price of a good falls, it becomes cheaper relative to other goods. As a result, consumers buy more of the good relative to other goods.
The income effect looks at how a change in price affects real disposable income. When the price of a good decreases, real disposable income increases. As a result, consumers can afford to buy more of the good as the consumers purchasing power has increased, holding money income constant.
So, when price falls, there is an increase in the quantity demanded. This is an inverse relationship.
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What is one reason that firms partner with communities to increase economic development?.
Firms collaborate with communities to increase economic development for a variety of reasons, including the development of workplace skills.
What is economic development?
Programs, methods, plans, policies, and actions that raise the standard of living in a country are referred to as "economic development."
The development of workplace skills contributes to economic growth by enhancing an employee's efficiency and working style. With the use of new technology, the firm has rapidly grown.
As a result, development of workplace skills to increase economic development.
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A country will roughly double its gdp in twenty years if its annual growth rate is:
A country will roughly double its gdp in twenty years if its annual growth rate is 3.5 using the rule of 70.
What is the rule of 70?The rule of 70 is used to determine the time it takes a country to double it growth rate.
It makes use of the annual growth rate of the country.
To double in 20years =70/20 = 3.5
Therefore, A country will roughly double its gdp in twenty years if its annual growth rate is 3.5 using the rule of 70.
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Consumers experience ______ marginal utility the more they consume of a particular good or service.
Answer:
less
Explanation:
The law of diminishing marginal utility states that, as consumption of a good or service increases, its marginal utility decreases.
The total factory overhead for Bardot Marine Company is budgeted for the year at $504,150, divided into four activities: fabrication, $221,000; assembly, $80,000; setup, $109,650; and inspection, $93,500. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 4,250 dlh 12,000 dlh 31 setups 53 inspections Bass boat 12,750 4,000 224 372 17,000 dlh 16,000 dlh 255 setups 425 inspections Each product is budgeted for 3,000 units of production for the year. a. Determine the activity rates for each activity. Fabrication $fill in the blank 1 per direct labor hour Assembly $fill in the blank 2 per direct labor hour Setup $fill in the blank 3 per setup Inspection $fill in the blank 4 per inspection b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. Speedboat $fill in the blank 5 per unit Bass boat $fill in the blank 6 per unit
Variables to fill the blanks are mathematically given as
a)
F= 16
A= $ 6
S= $ 530
I= $ 270
b)
The speed boat is $ 59
The Bass Boat is $ 148
What are the activity rates for each activity.?Generally, the equation for Fabrication is mathematically given as
[tex]F=\frac{Overhead \ Cost}{ Activity \ Base \ Usage \ Quantities}[/tex]
Therefore
[tex]F= \frac{448,000}{28,000}[/tex]
F= 16
Generally, the Assembly is mathematically given as
[tex]A= \frac{180,000}{30,000}[/tex]
A= $ 6
Generally, the Setup is mathematically given as
S= $ 222,600 / 420
S= $ 530
Generally, the Inspection is mathematically given as
[tex]I = \frac{189,000}{700}[/tex]
I= $ 270
b)
For the Activity-based factory overhead per unit
The speed boat is $ 59
The Bass Boat is $ 148
In conclusion, Use the values to fill in the required blanks
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A management accountant who avoids conflicts of interest meets the ethical standard of:
A management accountant who avoids conflicts of interest meets the ethical standard of: Integrity.
What is ethical standard of integrity?Ethical standard of integrity is when is truthful and honest and therefore can be defined as the way in which a person or an individual act or behave in way that is inline with the set ethical standard.
Based on the given scenario the accountant act in accordance with ethical standard of integrity which is why he avoided the conflicts of interest.
Therefore a management accountant who avoids conflicts of interest meets the ethical standard of: Integrity.
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what are letters of reference called
Letters of reference are called letter of recommendation
What are reference letter?Letter of reference is a letter written on behalf of an individual to point out potential and capacity that the person posses.
This can be done former employer for an employee who has worked with him or her.
Therefore, letters of reference are called letter of recommendation.
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After a targeted segment of kids under twelve was chosen by a sugar cookie company, the company had to decide on its marketing mix to that segment. When deciding on a price strategy for its cookies, what questions should the company ask?.
When deciding on a price strategy for its cookies, the questions that should be asked by the company ask is How much is too expensive or too cheap .
What is pricing strategy?A pricing strategy serves as the model that is been utilized by the company to establish the best price when trying to market their product or service.
That is why it is important for the company to ask How much is too expensive or too cheap because this will help them to be able to choose prices so as to be able to maximize profits.
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If the company wants to provide a warranty so that only 2.6% of the DVD players will be replaced before the warranty expires, what is the time length of the warranty?
The time length of the warranty base on the information is 3.3 years.
How to calculate the time length?Based on the complete information, the time length of the warranty will be:
(x - 7)/1.9 = -1.944
x = 7 - 3.6936
x = 3.3 years.
Therefore, the time length is 3.3 years.
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Tindel Inc. competes on cost with Nirvana Sites in the web design industry. Both firms operate on a 90 percent learning curve, and neither firm is capable of increasing its cumulative output any further. How might Tindel Inc. achieve a cost-leadership position while maintaining customer satisfaction
Tindel Inc. might achieve a cost-leadership position while maintaining customer satisfaction by incorporating new programming techniques.
Cost-leadership positionThe company can tend to achieve cost-leadership position by incorporating new programming techniques.
Reason being that incorporating the new programming techniques will enable them to take advantage of experience curve effects while maintaining there customer satisfaction.
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Anyone have an idea how to create a NPV Spreadsheet which intakes a 6% discount factor.
My actual question is very similar to this, If someone could give me a step by step breakdown it would be much appreciated
The way to calculate an NPV Spreadsheet using the NPV Function are:
=NPV(discount rate, series of cash flow)Step 1: Set a discount rate in a cell.Step 2: Establish a series of cash flows (must be in consecutive cells).Step 3: Type “=NPV(“ and select the discount rate “,” then select the cash flow cells and “)”.What is an NPV Function?This refers to the excel function that is used to calculate the net present value and the discount rates for cash flows.
Hence, we can see that given that you have the discount factor, the annual operating costs, and annual benefits, you would then need to add the present value of all +ve cash flows and subtract the present value of all -ve cash flows.
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Mr. Garrett has just entered his ma initial coverage election period (icep). What action could you help him take during this time?
The action that I could help him take during this time is have that to opportunity to enroll in a Medicare Advantage plan.
What is Medicare Advantage plan?Medicare Advantage is a health insurance plan that give help with private-sector health insurer.
This is very common in the united state, and since, Garrett has just entered his MA Initial Coverage Election Period , he can be part of the Medicare Advantage plan.
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After critical success factors have been identified, the next step in developing a competitive strategy is to develop relevant and reliable measure for these critical success factors. These measures are important to help the organization:
These measures are important to help the organization monitor progress toward achieving strategic goals.
What is a Staretegic Goal?This refers to aims and objectives of a business and the steps it takes to achieve them.
Hence, we can see that the next step to take after the critical success factors have been identified is to develop competitive strategy that would help to monitor progress toward achieving strategic goals.
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benefits of exporting goods such as snowplows and sand to the middle east include:
Two benefits of exporting goods such as snowplows and sand to the Middle East include:
There is likely to be less competition.The product may be used differently than in the exporter's country.What is exportation?Exportation is the engagement in international trade with other countries through the transfer of goods and services to those countries.
The opposite of exportation is importation.
There are benefits from international trade, including:
Economic expansionIncreased access to goods and servicesCompetitive marketsCompetitive pricingCheaper products are imported.Thus, there are benefits to exporting goods to other countries.
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a a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.
It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.
What is competitive market?A perfect competitive market has a straight line graph on the demand of goods and services this means that the goods are sold at the market price. Monopoly market price are not regulated hence the curve is not straight.
Therefore, It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.
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The classified balance sheet will show which asset subsections?
Asset subsections of the classified balance sheet will show
Current assets.Long-term investments.Fixed assets (or Property, Plant, and Equipment)Intangible assets.This is further explained below.
What is a balance sheet?Generally, the balance sheet is simply defined as a record of the financial standing of a company or as of a certain date, including a breakdown of its assets, liabilities, and capital as well as a summary of its revenue and expenses during the prior accounting period.
In conclusion, Current assets, Long-term investments are some of the Asset subsections of the classified balance sheet
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Privacy concerns are one of the biggest reasons people don't purchase goods and services online.
true
false
As regards people not purchasing online because of privacy concerns, this statement is True.
Why are people skeptical of online sales?There is a general belief amongst many that purchasing goods online can violate one's privacy and security as regards using credit and debit card information to pay for goods.
As a result, people are always skeptical of buying things online but this hasn't stopped a lot of people.
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A potential negative result of trade agreements is
