Global marketing and cultural issues

Answers

Answer 1

Global marketing is def-ined as “marketing on a world-wide scale reconciling or taking global opera-tional differences, simil-arities and opportu-nities in order to reach global object-ives".

Global Marketing Con-cept is the overall marketing frame-work which an inter-national enterprise adopts to de-sign, introduce, distribute, promote and main-tain its products in the glo-bal arena.

Cultural issues can be said to be the disagree-ment in the society alo-ng with the govern-ment that can be based upon the origin and cultural differ-ences. The cultural iss-ues can rise from the socio-economical, commun-ication and techno-logical differences. Also faiing to adapt global busi-ness models to the local market.

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Related Questions

Your friend, hideaki, will be attending his first work meeting tomorrow. He’s fairly nervous because he wants to become a valued member of his work team. How would you advise hideaki?.

Answers

The first meeting with a new team is crucial because it introduces your personal qualities, your contributions to the team, and your goals for the future.

What do you say in a first team meeting?The first meeting with a new team is crucial because it introduces your personal qualities, your contributions to the team, and your goals for the future.It's an opportunity to respond to inquiries, establish rapport with those you'll be working directly with, and ask questions. Keep It Short and Informal. Before the meeting starts, let your team know that it's going to be a quick introductory gathering, so there won't be an agenda. Once in the room, explain a little about yourself. Consider using business storytelling to communicate your values and what you're trying to achieve.Be approachable, tell them a little about yourself, and express your excitement in working with them.In addition, make an effort to introduce yourself to others in the workplace, whether it be in the kitchen, before a meeting, or even while waiting for the elevator. We want to start out by expressing our excitement.In essence, "I am extremely happy to meet you.I can't wait to learn more about you.I'm ecstatic to collaborate with you.We can phrase it in a variety of ways, but it must begin with the words "I am excited, this is going to be excellent."

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If the Federal Open Market Committee decides to increase the money supply, then the Federal Reserve:

a. sells government bonds from its portfolio to the public.

b. sells various types of stocks and bonds from its portfolio to the public.

c. creates dollars and uses them to purchase government bonds from the public.

d. creates dollars and uses them to purchase various types of stocks and bonds from the public.

Answers

If the Federal Open Market Committee decides to increase creates dollars and uses them to purchase government bonds from the public. (option C)

How can money supply be increased?

The various steps taken by the Federal Open Market Committee to affect money supply is known as monetary policy. Monetary policy can either be expansionary or contractionary.

Expansionary monetary policy when the money supply is increased. Money supply can either be increased by carrying out an open market purchase or reducing interest rate.

An open market purchase is when the Federal Open Market Committee purchases government bonds from the public.

Contractionary monetary policy are policies taken to reduce the money supply. Money supply can be decreased by carrying out an open market sales or increasing interest rate.

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Nelson is documenting all the steps it takes to recruit, hire, and onboard a new employee. What would be the BEST way to describe these steps?

A) hiring workflow
B) hiring dynamics
C) hiring hierarchy
D) hiring org chart

Answers

The best way to describe these steps for recruiting, hiring, and onboarding a new employee would be through a hiring hierarchy. Option C.

What are the steps for hiring?

First, there must be an assessment of the need for specialized personnel, so that the company can then start a structured recruitment/selection process based on requirements such as the employee's experience and education.

After the recruitment process, it is necessary to follow the steps of formalizing the registration of the new employee through a contract and other legal provisions. Integration is also essential so that the employee can adapt to the rules, team and organizational culture.

Therefore, the process of selecting, hiring and integrating a new employee into the company follows a series of essential steps that must be arranged in a hiring hierarchy, so that the process proceeds as planned.

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Why is the margin tax rate always higher than the effective tax rate

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The marginal tax rate corresponds to the highest tax bracket of the last dollar of what taxable income falls into. However, the effective tax rate is the average rate of tax that one pays on all of their income and is always lower than the marginal tax rate.

The marginal tax rate relates to the highest tax bracket in which the last dollar of taxable income may be placed, which is why it is always more significant than the effective tax rate. The average tax rate paid on all income, known as the effective tax rate, is always less than the marginal tax rate.

The rate that is applied to your last dollar of taxable income is known as the marginal tax rate. In the US, taxes are levied on various portions of an individual's income at rates that rise steadily as their overall income rises. Your marginal tax rate is the percentage that applies to the highest tax band that your income qualifies for.The actual proportion of taxes you actually pay on all of your taxable income is called your effective tax rate. A more realistic picture of your actual tax burden is provided by doing this.

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What changes the value of the dollar?

Answers

There are a number of factors that changes the value of the dollar; whether in favor or not.

The country's monetary policiesDemand for dollarInternational tradeEconomic growthInflation

What causes a change in dollars value?

The value of dollars appreciate or depreciate when;

The demand for dollar is high or low. For example, the global community usually want their investment secured with a stable currency. Some of them prefer their investments in dollars. This means that the demand for dollars increases and also it value appreciates. If people don't demand for dollars, and the country has little investors, the dollar depreciates.

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The things that lead to changes in the value of the dollar include:

Inflation Monetary policy Demand and supply of the dollar

What causes the value of the dollar to change?

Inflation can lead to a change in the value of the dollar because higher prices basically mean that currency is falling in value. Monetary policy can also lead to a change in the dollar because the quantity of money in the economy can influence the value of it.

Then there is also demand and supply. If more people demand dollar assets than the supply, the value of the dollar would go up and vice versa.

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What is the first thing people should do when creating a budget?
A. Record everything that they spend and what they spend it on
B. Cut spending in every category of expenditures drastically
OC. Put every extra dollar towards paying off their debts
D. Hire an accountant or financial planner to take care of it

it’s A

Answers

When creating a budget people should Record everything that they spend and what they spend it on. The appropriate response is option A.

What is a budget ?

A budget is an estimate of income and expenditures for a given future period of time, and it is often created and updated on a regular basis. A individual, a group of people, a corporation, a government, or pretty much anything else that makes and spends money can all have budgets.

Budgeting is essential if you want to control your monthly spending, be ready for life's unforeseen events, not  falling into debt. Monitoring your income and expenses is a crucial component of budgeting.

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What type of pricing is it called when a company charges as much as possible for a product.

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Skimming pricing occurs when a company charges the highest possible price for a new product and then gradually lowers the price as the product becomes less and less popular.

Pricing is the process by which a company determines the price at which it will sell its products and services, and it may be part of the company's marketing strategy. When defining the pricing segments and pricing strategies, you use the values for the pricing criteria.

Pricing criteria represent customer or deal characteristics. Price administrators define the pricing criteria that will be used to determine their company's pricing strategy.

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Which of the following is filling the role of a consumer?

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The following is filling the role of a consumer - A consumer is some-one who buys things, like at a super-market. Lets say someone purc-hased ice cream, they are a consumer.

What is the role of a consumer?

A consumer also is call-ed the end user. The consumer is the one who pays some-thing to consume goods and ser-vices produced. As such, con-sumers play a vital role in the econ-omic system of a nation.

Without consumer dem-and, producers would lack one of the key motiv-ations to produce: to sell to consumers. Consumer is the per-son who uses the product and/or service.

Complete question -

Which of the following is filling the role of a consumer?

A. A consumer is some-one who buys things, like at a super-market.

B. Courtney orders chicken for her company picnic

C. Mario plays a computer game with his sister

D. Latoya buys software for her business start up

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What will be the impact of cut in taxes on aggregate demand?

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A cut in taxes would lead to an increase in the aggregate demand in the economy.

What will be the impact of cut in taxes on aggregate demand?

Tax cuts on the supply side are intended to promote capital development. If the cutbacks are successful, both aggregate demand and supply will change since a lower price level for a supply of commodities will typically result in a higher demand for those goods.

For the typical reason that disposable income and consequently consumption increase as a result of the tax decrease, the aggregate demand curve is shifted outward. Because the natural rate of output increases, it causes the long-run aggregate supply curve to be shifted outside.

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A cut in taxes would result into an increase in the aggregate demand in people's business.

What will be the influence of cut in taxes on aggregate demand?

Tax cuts influences supply purposely for capital development. A successful tac cut will result into aggregate demand and supply as reflected on a higher demand for those goods.

Lower income tax rates increase the spending power of consumers and can increase aggregate demand, resulting to higher economic growth. For supply, income tax cuts may also increase incentives to work – leading to higher productivity.

Therefore, the correct answer is as given above

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In the weekly material on business organizations, one paper discussed a west michigan business, cascade engineering, that was a force for good in west michigan. According to the paper, how does cascade engineering make a positive societal impact in west michigan and the state of michigan?.

Answers

Cascade engineering make A trade or business is generally an activity carried on for a livelihood or in good faith to make a profit.

The facts and circumstances of each case determine whether an activity is a trade or business.

There are 3 commonplace kinds of groups—sole proprietorship, partnership, and corporation—and each comes with its personal set of blessings and drawbacks. here is a rundown of what you want to know approximately every one.

There are four major categories of enterprise entities: sole proprietorships, partnerships, restricted legal responsibility groups, and companies. inside the one's types, there are subtypes—popular and limited partnerships, restrained legal responsibility partnerships, and S and C organizations.

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You have been managing a $5 million portfolio that has a beta of 1.25 and a required rate of return of 13.375%. The current risk-free rate is 4%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 1.55, what will be the required return on your $ 5.5 million portfolio? Do not round intermediate calculations. Round your answer to two decimal places.

Answers

You have been managing a $5 million portfolio that has a beta of 1.25 and a required rate of return of 13.375%.  the required return on your $ 5.5 million portfolio is

r(m) = 11.709%

What is the expected return?

Generally, The value of the return that is anticipated on a financial investment is referred to as the expected return. It is a measurement that pinpoints the middle point of the distribution of the random variable that represents the return.

The equation for expected return is mathematically given as

r(m) = r(f) +b*r(p)

Therefore

r(m) = expected return = 13.375%

r(f) = risk free rate = 4%

b = beta = 1.25

r(p) = risk premium

so,r(p) =(12 - 4)/1.25 = 6.4%

for portfolio,

r(m) = r(f) + (b1*w1+b2*w2)*r(p)

b1 = 1.25

w1 = 5/5.5

b2 = 0.75

w2 = 0.5/5.5

r(m) = 4 + (1.25*(5/5.5) + 0.75(*0.5/5.5))*6.4

r(m) = 11.709%

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According to _____ theory, managers should choose a structure that fits the circumstances affecting their organization the most.

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According to contingency theory, managers should choose a structure that fits the circumstances affecting their organization the most.

What is contingency theory?

An organizational theory known as contingency theory holds that there is no one optimum method to run a business, structure a team, or make choices. Instead, the best course of action depends on both the internal and exterior circumstances.

Contingent leaders are adaptable in their decision-making and selection of concise methods to fit changes in the environment at a certain point in the organization's operation. Two prior research projects that sought to identify the characteristics of good leadership conduct had an impact on the contingency approach to leadership.

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The type of unemployment resulting from the fact that labor market information is less than perfect is called.

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The type of unemployment resulting from the fact that labor market information is less than perfect is called Frictional unemployment.

Frictional unemployment is a type of short-term unemployment. Frictional unemployment happens when a person is voluntarily task looking or looking for a new career. Frictional unemployment isn't necessarily a horrific aspect. In fact, because frictional unemployment is voluntary, it could be a signal of a wholesome economic system.

Frictional unemployment is a form of unemployment reflecting the distance between a person voluntarily leaving a process and finding any other. As such, it is from time to time called search unemployment, even though it is also gaps in employment when transferring from one job to some other.

Frictional unemployment is the end result of voluntary employment transitions inside an economy. Frictional unemployment occurs in a developing, solid economy.

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With the ________ approach to on-premise erp implementation, a company develops new erp functions designed specifically for that firm.

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With the vanilla strategy to on-premise erp implementation, a company develops new erp functions designed specifically for that firm.

A simple, uncomplicated technique is one that has little nuance and is generally referred to as being vanilla. Vanilla strategy can be a technique to investing that is common or well-liked among regular investors or specific business decisions. Although the method is quite straightforward, many investors find success by adhering to a tried-and-true approach like passive investing using a variety of exchange-traded funds.

In a similar vein, companies can achieve success with straightforward tactics like concentrating their business lines in niches where they have a distinct competitive edge. A competitive edge can erode with time for many goods and services, hence in business, a traditional approach must allow for some innovation.

Simple, practical, and frequently conservative are characteristics of vanilla methods. A vanilla plan typically makes sense when summarized in a few brief phrases. Buy and hold dividend-paying stocks having a track record of dividend payments of at least ten years, for instance, to create an income portfolio. You can see why it is referred to as a vanilla approach when you contrast this rather straightforward explanation with something like an iron condor options strategy.

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Which features are drawbacks of digital sales channels? Choose two answers.


Some products will have shipping costs to have the product delivered


Smaller selling range for businesses


Customers must rely on images, reviews, and product descriptions to determine whether or not they will purchase a product


Higher cost of products

Answers

The features that serve as the drawbacks of digital sales channels are:

Customers must rely on images, reviews, and product descriptions to determine whether or not they will purchase a productSome products will have shipping costs to have the product delivered

What is digital sales channels?

A digital sales channel is where your customers buy your products online.

It should be noted that one of the draw back that cxan be attributed to this system is that the consumer might rely on only thr picures that6 is been seen online in making decisions.

Therefore, the first and the third option are correct.

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Answer:

1 and 3

Explanation:

When planning a trip and deciding whether to drive or fly, the ______ is a sunk cost and should be ignored.

Answers

When planning a trip and deciding whether to drive or fly, the the original cost of the car is a sunk cost and should be ignored.

An irrelevant cost is a cost that does not change in the future if you make a decision. Examples of irrelevant costs include thunk his costs, committed costs, and overhead costs. Because they are unavoidable. There is no right answer for every business, and it often changes depending on the situation. Opportunity cost represents the potential profit missed by an individual, investor, or firm by choosing another alternative. Opportunity costs are by definition invisible and are often overlooked. The associated costs are the costs that differ between the alternatives. Avoidable costs are costs that can be eliminated in whole or in part by choosing an alternative. Avoidable costs are associated costs.

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If the economy was experiencing a severe recession, which of the following combinations of monetary and fiscal policy actions would be most appropriate?

a. a decrease in the reserve requirement coupled with an increase in taxes

b. the sale of government securities by the Fed coupled with an increase in the level of government spending

c. the purchase of government securities by the Fed coupled with a decrease in the level of government spending

d. the purchase of government securities by the Fed coupled with a tax reduction

e. an increase in the reserve requirement coupled with a tax reduction

f. the purchase of government securities by the Fed coupled with a tax increase

Answers

The Fed purchasing government assets along with a tax cut are the monetary and fiscal policy steps that would be most suitable if the economy were in a deep recession. As a result, choice (D) is the best way to respond.

What is a recession?

A significant, pervasive, and long-lasting drop in economic activity is referred to as a recession.From the peak of the previous expansion to the low point of the downturn, economists calculate the length of a recession.Recessions may only last a few months, but it can take years for the economy to bounce back and reach its previous peak.Many people may perceive the early phases of a comeback as a continuing recession since unemployment frequently persists at high levels far into an economic recovery.Countries adopt monetary and fiscal policies to reduce the likelihood of a recession.

Hence, option (D) is accurate.

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16. Mr Justine Lukuku has an overdraft limit of k5000. His current has a credit balance of K3000 if he draws further cheque totalIng k200 what will what will be the overdraft balance on his account. A.K300 B.K 1700 C.K2300 D.7000 ourrent account?​

Answers

The overdraft balance on his account is K2300. Thus option (B) is correct

What is the Balance?

Equilibrium or equipoise; an even distribution of weight, quantity, etc.; a counterpoise employed to establish equilibrium. stability of the mind or the emotions; a propensity for calm behavior, judgment, etc. a condition of balance in the body: He dropped down the steps after losing his footing.

Mr. Justine Lukuku has an overdraft limit of k5000. His current credit balance of K3000 if he draws further cheques totalIng k200Mr Justine Lukuku has an overdraft limit of k5000. His current has a credit balance of K3000 if he draws further cheques totalIng k200

Therefore, Thus option ( B) is correct.

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The research team wishes to understand the difference in rates of midwesterners who regularly pay extra for guacamole when offered versus californians. The team will take a random sample of 100 midwesterners and 100 californians to estimate the difference in the rates. What should the researcher do?.

Answers

When we want to estimate a population parameter then we use a hypothesis test.

In hypothesis testing, an analyst examines a statistical sample with the aim of demonstrating the plausibility of the null hypothesis.

By measuring and reviewing a representative sample of the population under study, statistical analysts test a hypothesis. All analysts use a random population sample to test the null hypothesis and the alternative hypothesis.

As the researchers want to understand the difference between to states they need to do a hypothesis test.

Hence a hypothesis test is done.

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when a manufacturer ships hdtvs to best buy’s distribution center, it sends a(n) ________ to the distribution centers to tell the retailer exactly what to expect in the shipment.

Answers

When a manufacturer ships hdtvs to best buy’s distribution center, it sends an Advanced Shipping Notice to the distribution centers to tell the retailer exactly what to expect in the shipment.

What is the purpose of the Advanced Shipping Notice?

The purpose of the Advanced Shipping Notice is to be able to notify about the shipping that is coming forth.

It should be noted that the distribution centre usually make use of this so as to know the type of the product that is needed to be shipped and how the process will go.

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Real GDP

Use this image to answer the following question. When the economy is operating at point C, the U.S. Congress is most likely to follow (5 points)
O expansionary fiscal policy
O contractionary fiscal policy
O expansionary monetary policy
contractionary monetary policy

Answers

When the economy is operating at point C then congress is most likely to follow expansionary fiscal policy. The correct option here is a.

What is the expansionary fiscal policy?

Expansionary fiscal policy is when the government increases the money supply in the economy. It increases by using budgetary instruments to either raise spending or cut taxes, both having more money to invest for customers and companies.

The main objective of expansionary fiscal policy is to boost growth to a healthy economic level, which is required during the business cycle's contractionary period.

The government seeks to reduce unemployment, raise consumer demand, and stop the recession.

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Answer:

a or expansionary fiscal policy.

Explanation:

flex point 2023

You have a net lease for $350 per month. You are responsible for the taxes, which are $6,000 per year. What is your monthly rent?.

Answers

In this lease, "Monthly Rent" refers to the monthly installment of the Minimum Annual Rent plus the monthly installment of the anticipated Annual Operating Expenses.

How do you calculate what a property should rent for?This general recommendation recommends setting your monthly rent at 1% (or between 0.8 and 1.1%) of the total market value of your home.Unless the lease agreement specifies a different schedule, rent is typically paid one month in advance. At the beginning of the tenancy, landlords frequently want a deposit, which cannot be greater than one month's rent.Calculating the rent each month:Due to the $350 monthly net lease. A further $6,000 is paid annually.Thus, the appropriate monthly rent is

= $350 + ($6000 ÷ 12)

= $350  + $500

=$850.

As a result, we can say that option $850 should be the monthly rent.

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Farmer Pete owned a farm that he was planning on selling for about $250,000. He decided to run an advertisement in the local newspaper. Bob saw the
advertisement, called Farmer Pete, and offered to purchase the farm. Later, Farmer Pete wrote Bob a letter, informing him that he no longer would sell him
the farm. Bob really wanted the farm and filed a lawsuit against Farmer Pete, seeking to enforce the contract. Farmer Pete defended on the grounds that
the contract was unenforceable because of the statute of frauds. The letter Farmer Pete had sent to Bob did not contain any of the terms of the sale even
though he had signed it. Bob claimed that the advertisement could be combined with the letter and satisfy the statute of frauds. How will the court
decide the matter?

Answers

The court will bring justice in favor of Farmer Pete and not on the side of bob after looking at all the pieces of evidence.  

What is a courtroom?A courtroom is an enclosed space where a trial takes place before a judge. The court may house multiple courtrooms, Courts are the center of judicial activity and provide a fair environment in which most court proceedings take place. The size and interior design of each courtroom can be based on the specific requirements of the type of hearings and trials that take place in that courtroom.

the chief justice will bring justice in favor of farmer Pete because he planned to sell his land which is an agreement to the sale which is an offer for the public at large, in which the offerer offers advertisement is subject to the public at large at the price mentioned and anyone from aggregate universe can apply for that ad.

so keeping in mind that no actual contract was made between Mr. Pete & Mr. Bob.

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Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The sales manager has provided a sales forecast for the coming year, along with the following information:

Quarter 1 Quarter 2 Quarter 3 Quarter 4
Budgeted unit sales 40,000 60,000 30,000 60,000
Each T-shirt is expected to sell for $15.
The purchasing manager buys the T-shirts for $6 each.
The company needs to have enough T-shirts on hand at the end of each quarter to fill 25 percent of the next quarter’s sales demand.
Selling and administrative expenses are budgeted at $80,000 per quarter plus 10 percent of total sales revenue.
Required:
Determine budgeted sales revenue for each quarter.
Determine budgeted cost of merchandise purchased for each quarter.
Determine budgeted cost of good sold for each quarter.
Determine selling and administrative expense for each quarter.
Complete the budgeted income statement for each quarter.

Answers

T-shirt Company owns and operates a T-shirt shop network in the southern United States. The sales manager has forecasted sales for the future year.

What is the manager?

A manager is a professional who leads an organization and oversees a team of people. Managers are frequently in charge of a specific department inside their firm.

Req 1.Sales BudgetQ-1Q-2Q3Sales units410006200031000Selling price per unit161616Budgeted Sales revenue656000992000496000Req

2.Purchase budgetQ1Q2Q3Q4Budgetd sales units41000620003100062000Add: Ending inventory16120806016120(26% of next quarter sales)Total requirement571207006047120Less: Beginning Inventory10660161208060(26% of current quarter sales)Budgeted Purchase units464605394039060Cost per unit666Budgeted Purchase in $278760323640234360Req

3.Cost of Goods soldQ-1Q-2Q3Sales units410006200031000Cost per unit666Budgeted Cost of goods sold246000372000186000Req

4.Selling and Admin expenses BudgetQ-1Q-2Q3Sense160720201040141520

Therefore, the answer is The sales manager has forecasted sales for the future year.

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Cash Company has income from operations of $112,500, invested assets of $750,000, and sales of $1,875,000. Use the DuPont formula to compute the investment turnover.

Answers

Here the DuPont formula is used in order to compute the investment turnover.

Given,

Net income = $112,500

Invested assets = $750,000

Sales = $1,875,000

The DuPont formula is said to be an expanded return on the equity formula, which is calculated by multiplying the net profit margin by the asset turnover.

Profit margin = Net income / Sales × 100

= $112,500 / $1,875,000 × 100

= 6%

Investment Turnover = Sales / Invested Assets

= $1,875,000 / $750,000

= 2.5 times

Rate of return on investment = Profit Margin × Investment Turnover

                                                = 6% × 2.5

                                                = 15%

Hence, the DuPont formula was used in order to compute the investment turnover.

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If a working environment becomes toxic the productivity of all workers will decline. What will happen to the average cost of production as a result?.

Answers

If a working environment becomes toxic the productivity of all workers will decline. Average cost increases.

Productivity, a metric of economic performance, compares the output (amount of goods and services produced) with the input (amount of resources used to produce those goods and services). There are two common approaches to estimate productivity: output per worker and output per worker/hour. For a manufacturing organisation, productivity can be measured by the quantity or price of the finished goods each employee can produce in a given period of time. Employee productivity, sometimes referred to as workforce productivity, is a measure of an individual employee's or a group of employees' effectiveness. Productivity can be calculated based on an employee's output over a specific time period. The common definition of productivity is the volume of output divided by the volume of inputs.

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Summarize the characteristics of effective advertising.

Answers

A non-personal, spoken or visual, publicly financed recognized communication about a product, service, or idea is included in the definition of advertising. Through one or more media, the message—known as an advertisement—is broadcast, with the sponsor being the one who pays for it.

What are advertising's primary effects?

Consumers are persuaded to buy products, services, and ideas through persuasive, visually appealing advertising displays in order to feel emotionally satisfied. The primary goal of advertising is persuasion. Advertising explains how the good your life will be after using the concept, product, or service you are contemplating.

Which form of advertisement is more effective?

According to research conducted by The Chartered Institute of Marketing (CIM), traditional commercial television continues to be the most successful media channel for reaching customers.

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Select the TRUE statements.

1. A check date is necessary so the bank will know the amount of money used in the processing of the check as well as the day of purchase.
2. Over 95 percent of the country's money in circulation is in checking accounts.
3. One of the steps towards what many people call a " cashless society" was when checking accounts were introduced.
4. The payee is your personal autograph attesting to the validity of the checking account.
5. In some cases banks have charged anywhere from $18 to $250 for an overdraft.
6. It is okay to overlook a "small" expense. It is not that much of your overall budget.
7. When you talk with a customer service representative, you can tell them of your particular needs in opening a checking account

Answers

The true statements on the banking industry is:

3. One of the steps towards what many people call a " cashless society" was when checking accounts were introduced.7. When you talk with a customer service representative, you can tell them of your particular needs in opening a checking account

What are some facts about banking?

It is a true statement that banks have over 75% of all the money in circulation in checking accounts. This figure is not over 95% as there still needs to be money in investments and other types of accounts. There have been steps towards a cashless economy in the past and one of these was the introduction of checking accounts which can be used with debit cards.

Banks have customer service representatives who are to give the best advice they can to customers. This means that if you have a particular need in opening a checking account, you can talk to a customer service representative to hear your options.

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Higher unemployment insurance benefits tend to increase unemployment because they.

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Higher unemployment insurance benefits tend to increase unemployment because they reduce the opportunity cost of job search and, hence, increase the search time.

Insurance is a way of protection from loss in that, in exchange for a fee, a celebration agrees to ensure another party's compensation within the event of a precise loss, damage, or injury. it's a type of risk management, primarily used to hedge against the danger of a contingent or unsure loss.

An entity that provides insurance underneathstood|is thought} as an insurer, insurance company, insurance carrier, or underwriter. someone or entity who buys insurance is known as a policyholder, whereas a person or entity lined under the policy is termed an insured. customer and insured are usually used as however don't seem to be essentially synonyms, as coverage will typically extend to additional insureds who failed to obtain the insurance.

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How would raising the starting pay at amazon affect government leaders?
I am supposed to play both sides on how government leaders would support it and how they might not. Good and bad for government leaders.

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Raising the starting pay of workers at amazon may;

Force other businesses to increase the pay of their worker at the risk of many things happening, including inflation or loss of businesses.It could increase the standard of living of workers in America.

The government is affected by either outcomes and therefore, would be in support or against increasing the minimum wage of workers.

How will increasing the starting pay of workers affect the government?

Big businesses like Amazon influence trends. If Amazon should increase their minimum wage or starting pay, other smaller businesses will be forced to follow suite.

A good pay will generally boost the living standards of workers. A better living standard of workers is beneficial to the government.

However, smaller businesses will be forced to recover cost by increasing the cost of their goods and services, resulting in inflation. Inflation is bad for the government.

Worse still, business owners that cannot compete in the market might end up closing their businesses, resulting in the loss of jobs. loss of Jobs is bad for the government.

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