Companies using fee-for-service revenue model charge a fee based on the value of the service provided on the web.
What is service charge?Service charge is certain amount of money paid by an individual for a service rendered.
The amount is paid based on the charge pose on the individual.
Therefore, companies using fee-for-service revenue model charge a fee based on the value of the service provided on the web.
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A key contribution of ________ was the identification of the major functions of management which are planning, leading, organizing, and controlling. A key contribution of ________ was the identification of the major functions of management which are planning, leading, organizing, and controlling. the behavioral viewpoint
A key contribution of the administrative management was the identification of the major functions of management which are planning, leading, organizing, and controlling.
What is an administrative management?It should be noted that the administrative management is important in ensuring that the organization is moving towards the attainment of its goals.
In this case, key contribution of the administrative management was the identification of the major functions of management which are planning, leading, organizing, and controlling
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Explain how key concepts may help you as you move forward, whether in the world of
business or otherwise.
The concept of profit making in business helps an organization to be afloat and sustainable.
What is Concept?This is referred to as abstract ideas about a particular subject or topic and profit making concept involves selling at a price higher than the cost price.
This will help reduce loss and keep business sustainable in the long term future.
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What is the tool by which financial markets allocate funds across alternative uses?
Interest rates is the tool by which financial markets allocate funds across alternative uses.
What are financial market instruments?Financial markets are formed by buying and selling of a lot of types of financial instruments such as equities, bonds, currencies, and others.
Note that Interest rates is the tool by which financial markets allocate funds across alternative uses.
See options below
A.
Automatic teller machines.
B.
Interest rates.
.C.
Commodity prices.
D.
Bank fees.
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The five forces of competitive pressures do not include a. the power and influence of social/demographic trends. b. the bargaining power of suppliers and seller-supplier collaboration. c. the threat of new entrants into the market. d. the attempts of companies in other industries to win customers over to their own substitute products. e. the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry.
The five forces of competitive pressures do not include the power and influence of social/demographic trends.
What are the Porter's five forces?
The Porters' 5 forces is used to analyse the competitiveness among firms in an industry.
Porter's 5 forces include :
Competition in the industry : the higher the number of companies in the industry, the lower the power an individual firm possesses. For example, if an industry increases it price, a consumer can easily shift to the consumption of substitute
Potential of new entrants into the industry : If there are low barriers to entry in an industry, firms in the industry experience greater competition
Power of suppliers : the higher the number of suppliers in the industry, the higher the bargaining power of firms in the industry and the greater the power they posses
Power of customers : the larger the number of customers, the greater the power firms possess
Threat of substitute product : if there are little or no substitutes for the goods produced by companies, the greater the power the firms possess
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A registered representative hires a contractor to add a 2-bedroom wing to his house to accommodate his growing family. When the contractor finishes the job, there are a number of items that the representative wants repaired, so he withholds $10,000 of the final payment. The contractor believes that he completed the job properly and, at his first opportunity, files a mechanic's lien for the $10,000 amount. This is an event that:
The event of what is going on based on this case is that there is a breach of contract between the contractor and the home owner.
What is the breach of contract here?The agreement that was done for the job was to add a wing to the 2 bedroom wing.
But from what is seen here, the owner of the bedroom is saying he would withold for a different thing that was not clearly stated initially.
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if you are in the 20 percent tax bracket, what is your aftertax yield on a par value municipal bond yielding 5 percent? ignore state and local taxes.
if you are in the 20 percent tax bracket, Five percent. For this reason, the after-tax yield is the same as the pre-tax yield since interest income from Muni is free from federal income tax. This is further explained below.
What is tax?Generally, taxation is simply defined as a kind of mandatory public financing that is assessed on the purchase price of certain products and services as well as on the earnings of individuals and businesses.
In conclusion, there would be a 5% reduction if your tax bracket was 20%. Since interest income from Muni is exempt from federal income tax, the after-tax yield is identical to the pre-tax rate.
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disadvantage of snob appeal
Answer:
The purpose of snob appeal is to persuade a consumer to purchase a product or service by convincing him or her that the purchase will elevate their status. By appealing to individuals' desires to be among the elite, advertisers attempt to sell their products.
For example, some different ads that illustrate snob appeal include the following:
Cigarette ads with big and tough guys smoking cigarettes makes it seem that the consumer, too, could be among the elite hearty men who smoke cigarettes.
Commercials that show men drinking a certain brand of beer attracting all of the beautiful women in a bar gives the underlying message that drinking that beer will make the consumer more attractive to women.
A food commercial that highlights parents who are "Number One" that purchase a certain food product implies that the consumer will also be a top notch parent if he or she purchases the product.
A perfume advertisement that features a woman dressed in fancy clothes and very expensive jewelry appeals to the "inner snob" by implying that a woman who wears that perfume will be equally as exquisite in appearance.
A commercial for cat food that shows a cat eating a certain brand of food in a posh house with a fancy pet dish makes the consumer feel she is treating her cat the best she possibly can by purchasing that food.
A military slogan that says, "Do you have what it takes?" is appealing to snob appeal by trying to recruit members implying that they are an elite group that has characteristics that others do not possess.
When a company is attempting to sell its services over competitors' services and states "You don't want to deal with those OTHER companies…" it is attempting to elevate its own image to be more appealing as an elite company.
A wireless phone company shows commercials of people waiting in lines to get their phones and the images of those who have the phones are of well-dressed and popular people. The phone company is making it seem extremely desirable to be a part of the group of people who are elite enough to own that phone.
A linen company features their products in an advertisement in a posh and fancy home implying that those who purchase their linens are amongst the elite.
Featuring a popular celebrity in a commercial in which she states she would never use another brand makes the product seem more appealing to the consumer.
A commercial for big screen televisions shows a large group of people watching the Superbowl and having fun, stating that "everyone will want to be at your house" implies that the purchase of the television will make the consumer popular and part of an elite group.
Explanation:
According to the theory of liquidity preference, holding the supply of real money balances constant, an increase in income will ______ the demand for real money balances and will ______ the interest rate.
According to the theory of liquidity preference, holding the supply of real money balances constant, an increase in income will increase the demand for real money balances and will decrease the interest rate.
What is theory of liquidity preference?In line with the liquidity preference theory, it is state that interest rates are determined by the supply and demand of money.
It is to be noted that tightening the money supply will decrease the nominal interest rates.
Hence, according to the theory of liquidity preference, holding the supply of real money balances constant, an increase in income will increase the demand for real money balances and will decrease the interest rate.
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Many managers make a decision and then fail to act on it. It is critical that top managers ______ the decision and then assign middle managers the responsibility to make follow-up decisions as appropriate to achieve the goal. This responsibility should be met with rewards and sanctions for success and failure, respectively, in implementing the decision.
In Business Management, tt is critical that top managers implement the decision and then assign middle managers the responsibility to make follow-up decisions as appropriate to achieve the goal.
What is decision-making in business management?This refers to the art of recognizing actionable steps that are related to the attainment of business objectives, then identifying and act steps that must be taken to actualize them by making and implementing decisions.
It is thus correct to state that implementation is key to decision-making.
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Explain how e business systems naturally have greater security risks than traditional business systems. the answer must be focused on person-based trust
E-business systems naturally have greater security risks than traditional business systems because they lack a personal touch and are vulnerable to hackers.
Why E-Business is risky?Along with vulnerabilities connected to using third-party platforms, data privacy laws, internet security rules, and customer service concerns, these risks include the unauthorized sharing of data, fraud, malware, and other security lapses. E-commerce is lacking in a personal touch which is better than traditional. The product is not touchable or haptic. Therefore, it is challenging for customers to evaluate a product's quality. Risks associated with conducting business online frequently include suspicious activities and credit card data theft. This is not a problem in traditional ones.Anyone can make an online purchase using a stolen credit card, including hackers. Most often, disputes start when a customer's account has been charged for a product that never shows up.Hence, E-business is riskier than the traditional business system.
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cardiogenic shock following ami is caused by:
Cardiogenic shock following ami is caused by:
Decreased pumping force of the heart muscle.What is Cardiogenic Shock?Cardiogenic shock is an aftermath of Acute Myocardial Infarction. It arises because of the body's sudden inability to pump a sufficient amount of blood to the vital organs of the body.
The mortality rate due to cardiogenic shock is above average.
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Marla sells grapes in a perfectly competitive market. The market price for 1 ton of grapes is $1,000. Marla has 5 tons of grapes to sell. If her total variable cost is $4,600 and her total fixed cost is $400, then Marla is making a normal profit. False True
Based on Maria's variable and fixed costs as well as the market price for grapes, then Maria is making a normal profit so this is TRUE.
What is Marla's profit?This can be found as:
= (Tons of grapes to sell x Market price) - variable cost - fixed cost
Solving gives:
= (5 x 1,000) - 4,600 - 400
= $0
This is a normal profit because normal profits are defined as earning $0 net profit or breaking even.
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(04.01 LC)
If an investor sells his investments and earns money,
O he can deduct the gains
O he will be taxed
O the initial value of the investment decreases
there will be government penalties on the transaction
If an investor sells his investments and earns money he will be taxed
A tax is a mandatory financial charge or other sort of levy placed on a taxpayer by an administrative body to pay for certain public expenditures and administrative costs.
Taxes are imposed by the government on the earnings of citizens and the profits of businesses, or they are included in the price of various products, services, and transactions as a mandatory contribution to state coffers.
Most nations have a tax system in place to finance public, shared, or agreed-upon national necessities as well as governmental duties. While some scale taxes are progressive based on bands of yearly income levels, most impose a flat percentage rate of taxation on personal annual income. The majority of nations impose taxes on both personal and business income. Wealth taxes, inheritance taxes, estate taxes, gift taxes, property taxes, sales taxes, usage taxes, payroll taxes, fees, and/or tariffs are frequently levied by nations or subunits.
Hence If an investor sells his investments and earns money he will be taxed
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which one of the following is not an external users of accounting information
The answer choice that is not an external user of accounting information is d. All of these answers choices are external users.
What is Accounting Information?This refers to the financial statements that are used to keep records of all financial transactions.
Hence, we can see that from the complete text, there is the list of options and they are all external users because they are people outside the business.
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What is the cost gained by producing one additional unit of a good or service?
A. Market-Oriented System
B. Marginal Revenue
C. Market Structure
D. Marginal Cost
Answer:
B Marginal Revenue
Revenue is money earned from the production of goods and services.
A distinctive competence is not a. a competitively important activity that a company performs better than its rivals. b. typically less restrictive for rivals to copy than a core competence. c. a basis for sustainable competitive advantage. d. considered as a superior internal strength. e. capable of delivering stand-out value to customers (in the form of lower prices, better product performance, or superior service).
An untrue statement on distinctive competence is that it is b. typically less restrictive for rivals to copy than a core competence.
What is distinctive competence?This refers to internal activities that a company is able to perform very well to help it meet it's goals.
While it isn't easy to copy, it is easier for rivals to copy a distinctive competence than a core competence.
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There is a technological improvement in the production of good X. As a result, the _____________ curve for good X will shift ____________ resulting in a(n) _____________ in the equilibrium price of X and a(n) ____________ in the equilibrium quantity of X. Group of answer choices
There is a technological improvement in the production of good X, As a result, the supply curve for good X will shift resulting in a decrease in the equilibrium price of X and increase in the equilibrium quantity of X
What is Technology Improvements?Technology Improvements can be regarded as the improvements as well as enhancements, in production of a particular product.
In the production of a particular product X , once supply curve for good X shift, it will result in a decrease in the equilibrium price .
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Increased flexibility in scheduling has become an important benefit for employers to offer because of: multiple select question. the increase in two-income families employer tax deductions the increase in single parent homes the increase in the birth rate
The Increased flexibility in scheduling has become an important benefit for employers to offer because of increase in single parent homes and the increase in two-income families.
What is the meaning of Scheduling ?
In a production process or manufacturing process, scheduling is the process of organizing, managing, and optimizing work and workloads.
Scheduling is used to distribute resources for equipment and buildings, prepare for human resources, organize work processes, and buy goods.
The flexible schedule must be prepared for the single parent homes and also for the two income families by the employers.
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Answer:
1. The increase in two-income families
2. The preferences of Gen X and Milennial workers
Explanation:
why indigenous technologies are better than modern technology
Answer:
Indigenous technologies are better than modern technology because of the following reasons ;
1) It creates new employment opportunities .
2) It is much cheaper than imported technology.
3) It helps in the technological progress of developing countries which brings economic growth in nation .
4) It leads to greater encouragement for focused research.
5) It is affordable , sustainable band environment friendly.
Before investigating alternative production plans, demand forecasts should be converted into Multiple choice question. production requirements. inventory requirements. forecast for the next period. only safety stock requirements.
Demand predictions should be converted to inventory requirements before considering alternate production strategies.
Production planning is the process of creating a roadmap for the design and manufacture of a certain product or service. Production planning assists firms in making their manufacturing processes as efficient as feasible. Production planning was developed to improve the manufacturing process, but its basic logic is now used in many ways to design, manufacture, and distribute software as well.
An alternative production plan is basically a safety plan which is made. In case the main plan does not work, an alternative plan is executed. Inventory Requirements means the minimum inventory level set out of a product; provided, however, that "inventory level" comprises only those Products on hand in final form as of a specific date.
Therefore, the correct option is the inventory requirement.
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Suppose the government grants a subsidy to the producers for every car produced. The change in the amount sold will be greater when:
there is a greater number of close substitutes available to the consumer
the price elasticity of demand is inelastic.
the price elasticity of demand for cars is greater
the amount of the subsidy is smaller
The change in the amount sold will be greater when the price elasticity of demand is greater than 1. (option 3).
What is price elasticity of demand?Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Demand is elastic when the coefficient of demand is greater than one. This means that for a small change in price, the quantity demanded would be greater.
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If buyers in this market have to wait in line to purchase this good after a $1 price ceiling is imposed, each buyer purchases only one unit of the good, and buyers in the market value their time at $8 per hour, how long will the wait have to be per remaining customer to clear the market
The waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price. Therefore, making the full price equal to $5 for each buyer clears the market.
What is the price ceiling?A price ceiling is a price control mechanism by the government to intervene in the market forces of demand and supply by setting a maximum price.
While price ceilings are imposed to make prices low for consumers, it may cause shortages in the quantities supplied.
Thus, the waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price.
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suppose you borrow $300 for one year and pay a finance charge of $20. if you repay this loan all at once after one year, what is your average balance?
Based on the amount you borrowed and the amount you repaid, the average balance is $300.
What is the loan average balance?This can be found by:
= (Loan balance in first period + Loan balance in last period) / 2
As you paid back the loan all at once, the loan balance in the last period must have still been $300.
Average is:
= (300 + 300) / 2
= $300
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are facial movements that convey emotional messages
By observing a person's emotions one can identify the person's emotions.
g
Question 4
Sally purchased a Ford Fusion for $25,000 in 2018. Today, Sally sold the car to Darien for
$18,000. How does this affect the CURRENT GDP?
Answer:
It doesn't affect it because it's a used good
Explanation:
Used goods ARE NOT counted. Goods are only counted in GDP during the year when they were produced, and/or the first time they are sold.
The selling of the used car by Sally will not have any effect on the GDP because such transaction has already been accounted earlier during the time of production and selling. Hence, no changes in GDP.
Why used goods are not included in GDP?Expenditure on used goods isn't always a part of GDP due to the fact those items had been a part of GDP withinside the duration wherein they had been produced and all through which time they had been new items.
Counting the sale of used items might be double-counting and might distort the authentic degree of manufacturing for a given duration.
Hence, no changes in GDP as the selling of the used car by Sally has already been accounted earlier.
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if the government imposes a per-unit tax on sales of an industry's product, then we would expect
If the government imposes a per-unit tax on sales of an industry's product, then we would expect an increase in the prices of such a commodity and a corresponding drop in demand for it if the product's demand is elastic.
What is per unit tax?Thus, it is right to state that If the government imposes a per-unit tax on sales of an industry's product, then we would expect an increase in the prices of such a commodity and a corresponding drop in demand for it if the product's demand is elastic.
There could also be a drop in the sales or supply of such products all things being equal.
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Kaylie assumed the cost of the sales tax on her new (used) vehicle would be around $850. In reality, it was $725. What type of variance does this represent?
1. An unfavorable variance of $850
2. A favorable variance of $125
3. A favorable variance of $850
4. An unfavorable variance of $725
Answer:
option c
Explanation:
beacuse i know hh
Option 3. A favorable variance of $850
A favorable variance of $850 type of variance does this represent.
How do you know if a variance is favorable or unfavorable?If revenues were higher than expected, or expenses were lower, the variance is favorable. If revenues were lower than budgeted or expenses were higher, the variance is unfavorable.
A favorable variance is where actual income is more than budget, or actual expenditure is less than budget. This is the same as a surplus where expenditure is less than the available income.
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A shift to a more expansionary monetary policy will a. exert a stabilizing impact if the effects of the policy are felt when the economy is operating at its full-employment capacity. b. exert a stabilizing impact on the economy if the effects of the policy are felt during an economic downturn. c. help bring inflation under control. d. reduce the natural rate of unemployment.
Most time, any shift to a more expansionary monetary policy will exert a stabilizing impact on the economy if the effects of the policy are felt during an economic downturn.
What is an Expansionary monetary policy?This fiscal policy is employed by the central bank to stimulate the economy because its increases the money supply, lowers interest rates, increases demand etc.
Therefore, the Option B is correct.
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The main elements of market structure are
Answer:
the number and size of sellers, entry and exit barriers, nature of product, price, selling costs.
A major supplier to an auto manufacturer would most likely adopt which production and inventory strategy?
A supplier to an auto manufacturer will most likely adopt the policy of B. Make-to-stock strategy.
What is a Make-to-stock strategy?This is a strategy that is based on forecasted product demand where suppliers produce the goods they are to sell based on what they think will be needed.
A supplier to a car manufacturer would use this method because they would like to have parts readily available to be sold to the auto manufacturer.
Options are:
A.Postponement strategy
B.Make-to-stock strategy
C.Assemble-to-order strategy
D.Make-to-order strategy
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