The system is mr. D using at walgreens to reduce his costs is just in time inventory.
What is just in time inventory?JIT, or just-in-time inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.With a just-in-time (JIT) inventory system, a business receives products as close as feasible to the moment they are actually required. As a result, if an auto assembly facility wants to install airbags, it doesn't maintain a supply on hand; instead, it gets them as the cars are put together.In conclusion. When used properly, JIT inventory can be a terrific method to reduce costs and boost productivity.
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Why do managers ask employees to check inventory lists?
A.
to keep employees busy when there is little work to do
B.
to discover which items employees like the best
C.
to find out which items are most and least expensive
D.
to find out if any items that should be for sale are stolen or lost
the answer is the last answer D
Uber’s lack of knowledge of the local business environment has caused it to suspend service in several important cities. To avoid the challenges related to a lack of knowledge of the local market and local regulations, uber should have.
To avoid the challenges related to a lack of knowledge of the local market and local regulations, uber should have planning.
Setting goals and choosing a course of action to achieve them are both part of the management task of planning. Managers must foresee future situations and be aware of the current environmental factors affecting their firm. Managers must also have strong decision-making skills.
The process of planning involves various steps. The first step in the process is environmental scanning, which essentially implies that planners need to be aware of the significant risks to their business from the perspective of the economy, their rivals, and their clients. The next step is for planners to try to predict future conditions. Planning is based on these estimates.
Planners must set objectives, which are declarations of what must be accomplished and by when. The next step for planners is to decide on alternate strategies for achieving goals.
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To complete his business bookkeeping work each month, a business owner spends about 20 hours and in the process, has to give up £900 in income. If he hired a bookkeeper to do the work, the job would be completed in 15 hours and would cost him £600. Should the owner hire the bookkeeper or continue to do the work himself?
Here in this case, there is no question that the books should be delegated to the bookkeeper. Not only he saves the amount of $300, he also saves time which could be put to better use.
Given,
To complete the business bookkeeping work each month, a business owner spends - 20 hours
Income - £900
If a bookkeeper is hired, the job would be completed - 15 hours
Cost - £600
So here, the owner = £900 and 20 hours
Bookkeeper = £600 and 15 hours
Thus, here the opportunity cost is determined.
Hence, in this case, there is no question that the books should be delegated to the bookkeeper. As, not only the bookkeeper saves money of $300, but together he also saves time that could be put to better use.
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TurboTax developed an innovative software product years ago that filled the gap between the individuals who wanted to do their taxes and the pnes who sought professional tax advice.TurboTax product hit a sweet spot with the market and it sales have followed a steady inceease through 2014. turba tax developed a product that was a
The type of product that TurboTax developed, based on the fact that it filled the gap for individuals and professionals to do taxes, was a product market - fit.
What is a product market - fit?A product market - fit refers to when a company makes a product that matches the needs of the market. The product is such a good fit that even after years, people are still purchasing it which then leads to a steady increase in the sales of the company that made the product. They will therefore have steady profits as well.
This steady increase in sales that a company experiences - like the one experienced by TurboTax, comes from the fact that those who use a product that is a product market - fit, keep recommending it to others. As others buy, they too will recommend which then keeps the sales rising.
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Pls help !!!!!!!!!!!!!!!!!
If the economy's inflation rate is 5% and workers' earnings rise by 5%, nominal income rises by 5% while real income remains the unchanged. Option E is correct.
What is the difference between real income and nominal income?Real income is the amount of money a company or individual earns after accounting for inflation. When referring to an individual's inflation-adjusted earnings, it is also known as real wage.
Earnings that are not adjusted for subsequent changes in inflation rates are referred to as nominal income.
Therefore, option E is correct.
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Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Jabari Steel Company are $375 and $60, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Equivalent Units Conversion Inventory in process, October 1 0 320 Started and completed during October 14,800 14,800 Transferred out of Rolling (completed) 14,800 15,120 Inventory in process, October 31 1,200 300 Total units to be assigned costs 16,000 15,420 The beginning work in process inventory on October 1 had a cost of $318,560. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department. Line Item Description Amount Completed and transferred-out production $fill in the blank 1 Inventory in process, October 31 $fill in the blank 2 Total costs assigned by the Rolling Department
The cost assigned by the rolling department is the Cost of Units Transferred Out and Ending Work in Process.
It is a term usually used to describe imperfect goods that go from raw material to finished product in a short period of time. Work in progress refers to the larger undertakings of capital goods. Work-in-progress is a term usually used to describe partially finished goods that are transformed from raw materials into finished goods in a short period of time.
Work in progress refers to the larger undertakings of capital goods. Work-in-progress and work-in-progress figures can be found on the company's balance sheet. The two differ in accounting because work in process is typically classified as a current asset (related to inventory of raw materials) and work in process is typically classified as a non-current asset. Manufacturing companies are more likely to use WIP, and construction companies are more likely to use WIP.
Thus, WIP refers to that project that is still in process and not yet completed.
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What will be the impact of cut in taxes on aggregate demand?
The impact of cut in taxes on aggregate demand is that it will shift both aggregate demand and aggregate supply.
What is the impact of cut in taxes on aggregate demand?Supply-side tax cuts can be carried out to stimulate capital formation.
It shpould be noted that once this process is carried out If successfully, there will be a shift on both aggregate demand as well as the aggregate supply and the reason for this is that the price level for a supply of goods will be reduced hence the increase in demand for those goods.
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The impact of cut in taxes on aggregate demand is: aggregate demand curve will shift outward.
What is aggregate demand?Aggregate demand can be defined as the amount of goods and service that are demanded in the market at a particular period of time.
A cut in taxes on aggregate demand will tend to shift the demand outward which in turn will help to increase the amount of goods that consumer will demand.
Therefore the impact of the cut in taxes will shift the aggregate demand.
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What is one way the u. S. Economy can be adversely affected when interest rates are lowered?.
One way the u. S. Economy can be adversely affected when interest rates are lowered is prices may inflate.
What is price inflation?The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms, such as the general rise in prices or the rise in a nation's cost of living. However, it can also be computed more precisely—for example, for specific products, like food, or for services, like school tuition. Inflation measures how much more costly a particular set of goods and/or services have gotten over a specific time period, most frequently a year, regardless of the environment.
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If you’re trying to gain access to a credit card before you turn 21, which of the suggestions rely on the support of a parent or guardian?
Answer:
Explanation: If you want to get a credit card before your 21 then your guardian is gonna have to hold on to it.
hope this helped you out!
Angelo works as the frozen food manager in a large grocery store. When his stock of two-pound bags of frozen shrimp gets down to two cases, he emails the warehouse to send ten cases to restock. The type of decision angelo is making about restocking shrimp is a.
The Nominal Group Technique (NGT) was developed to support group decision-making by allowing all members to participate fully. NGT is not a technique that should be used routinely in every meeting.
Rather, it is used to organize group meetings when members engage in problem solving and idea generation. The first step of the pre-mortem meeting is a brainstorming session, which is divided into her two parts. First, each team member should brainstorm potential project risks. The creative decision-making model refers to using design thinking to make decisions. It is recommended when the solution to a problem is not clear, when a new solution needs to be generated, and when there is time to dig into the problem.
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QS 4-10 Identifying post-closing accounts P2
For each account, identify whether it is included or excluded from a post-closing trial balance.
a. Accounts Receivable
b. Salaries Expense
c. Cash
d. Land
e. Income Tax Expense
f. Salaries Payable
Income Tax Expense isn't always covered and all of the others are covered in a remaining trial stability.
The required details for closing trial balance in given paragraph
A post-remaining trial stability is a list of all stability sheet accounts containing non-0 balances on the quit of a reporting period. The post-remaining trial stability is used to affirm that the entire of all debit balances equals the entire of all credit score balances, which ought to internet to 0. The post-remaining trial stability includes no revenue, expense, gain, loss, or precis account balances, in view that these brief accounts have already been closed and their balances moved into the retained earnings account as a part of the remaining process. Once the accountant has ensured that the entire of all debits and credit within side the document are the identical number, the following step is to set a flag to save you extra transactions from being recorded within side the antique accounting period, and start recording accounting transactions for the following accounting period.
This is one of the ultimate steps within side the period-quit remaining process.
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The factors that affect how consumers spend their money and how much buying power they have are part of which environmental force ?
The forces that have an effect on consumers' spending habits and purchasing power are connected to the macroeconomic factors that affect the environment.
Factors in the economic environment have an impact on consumer spending habits and purchasing power.
What economic variables influence consumer behavior?
Employment, wages, prices/inflation, interest rates, and consumer confidence are the economic factors that have the greatest impact on the demand for consumer goods.
What in macroeconomics is consumer spending?
The value of the goods and services purchased by or on behalf of residents of the United States is referred to as consumer spending, or personal consumption expenditures, or PCE.
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An individual who is employed part time but is looking for a full-time job is classified as.
Also, an individual who is working part-time at an office job but would prefer to instead work full-time is considered underemployed.
Underemployment is the underuse of a worker because a job does no longer use the worker's talents, is a component-time, or leaves the employee idle. Examples consist of conserving a part-time job despite wanting complete-time work, and overqualification, wherein the worker has the education, enjoy, or talents past the requirements of the activity.
Underemployment has been studied from a ramification of perspectives, which include economics, management, psychology, and sociology. In economics, for example, the term underemployment has three exceptional awesome meanings and applications. all of the meanings contain a scenario wherein someone is operating, in contrast to unemployment, where someone who's looking for work cannot discover an activity. All meanings contain below-utilization of hard work which is missed by maximum legit (governmental company) definitions and measurements of unemployment.
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WILL GIVE BRAINLIST
Which term correctly completes the following sentence?
"Get the ___________. There's a customer at table four who wants to speak to her about the service she received tonight."
CVB
ETA
GM
OTA
"Get the CVB. There's a customer at table four who wants to speak to her about the service she received tonight." Customer service is the assistance you provide to your consumers both before and after they purchase and utilize your products or services.
Allowing them to have a simple and joyful experience with your business. However, customer service is more than just resolving problems and closing tickets. Building solid relationships with your clients is the key to providing excellent customer service. Thanking the customer and fostering a positive, helpful, and friendly environment will ensure that they depart with a favourable impression. A satisfied consumer will return frequently and will most likely spend more money.
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Suppose wages in Ruritania rose 2.50% last year, while labor productivity changed by −1.3% . What was the inflation rate? Round your answer to one decimal.
Suppose wages in Ruritania rose 2.50% last year, while labor productivity changed by −1.3% . The inflation rate is: 3.8%.
How to find the inflation rate?Using this formula to find the inflation rate
Inflation rate = Increase in wages + Change in labor productivity
Where:
Increase in wages = 2.50%
Change in labor productivity = -1.3%
Let plug in the formula
Inflation rate = 2.50% + (-1.3%)
Inflation rate = 3.8%
Therefore the inflation rate is 3.8%.
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Why are income taxes monthly expenses?
Income tax aids in the government's ability to produce a consistent stream of revenue, which is then applied to the nation's development. Even though income tax is deducted from monthly earnings and paid each month, it is still computed annually.
Why is income tax an expense?Tax costs are all of the taxes that a person, business, or other entity owes to the government. Taxable income is multiplied by the effective tax rate to calculate income tax expense. Other taxes, like inheritance or property taxes, may be assessed against the value of an item.
Meanwhile, income tax is a tax that the government imposes on both corporate and personal income. Income tax is viewed as a cost for the individual or corporation because there is an outflow of cash due to tax payout.
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The IRS has the authority to assess a monetary penalty to who
the IRS has the authority to impose penalties on tax professionals.
The IRS is the Internal Revenue Service unit for the United States, which is in charge of collecting federal taxes in the United States and overseeing the Internal Revenue Code, the principal section of federal statutory tax legislation.
It is a division of the Treasury Department and is run by the Commissioner of Internal Revenue, who is picked by the US President for a five-year term. Among the responsibilities of the IRS are helping taxpayers with their taxes, pursuing and resolving cases of incorrect or fraudulent tax files, and managing a number of benefit programs, including the Affordable Care Act.
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__________ technology uses a continuous Internet connection that allows users to send and receive mammoth files that include voice, video, and data much faster than ever before.
Broadband technology is the technology uses a continuous Internet connection that allows users to send and receive mammoth files that include voice, video, and data much faster than ever before.
What is Broadband technology ?Broadband technology, can be desceibed as the technology which involves the telecommunications devices, as well as the lines, or which allow communication over a wide band.
It shoud be noted that this technology make use of broad of frequencies, which do encompass the range of frequencies having differnt independent channels which is been used for ransmission.
In conclsion the technology that is been described above is ben used in the process of receiving mammoth files which could encompass voice, video and it is been used by the indivduals as well as the organization that run business with customers around the world or within the country.
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A research company listed on one of the stock exchanges claims it discovered an inexpensive liquid that automobiles can use for fuel. Which of the following would be the expected results?
An increase in the supply of the stock and a fall in the price
An increase in the demand for the stock and an increase in the stock price
A decrease in the demand for the stock and a rise in the stock price
An increase in the demand for the stock and a fall in the stock price
By the information about a claim from one of the companies listed on the stock exchange regarding the results of their research discovered an inexpensive liquid that automobiles can use for fuel. The company hopes that: an increase in the demand for the stock and an increase in the stock price
When the stock price of a company that has been listed on the stock exchange experiences an increase in stock prices, due to the continuous increase in demand for shares, the market capitalization value or market capitalization will increase.
The market capitalization value is calculated by multiplying the number of shares outstanding by the current share price. The more expensive a stock price, the higher the market capitalization of a company.
Investors also often use market capitalization as a reference to determine the value of a company. The higher the market capitalization value of a company whose shares are listed on the stock exchange, the higher the value of the company.
What communications allowances and restrictions apply in the below time periods?
Pre-Filing Period
The Waiting Period
Post-Effective Period
Communication allowances and limitations are in effect as all issuers are not permitted to make written offers throughout the waiting period, pre-filing period, and post-effective period.
What is pre-filing period?The pre-filing period is the period before the issuer files their registration statement in the initial public offering (IPO) process. Also known as the silent era.
Section 5(c) forbids the issuer from making any "offer" to sell shares during the pre-filing period, and Section 2(a)(3) defines "offer" as any communication that may condition the marketplace for the sale of the securities.
Certain messages, however, are permitted. Rule 163A permits any communication that occurs more than 30 days before the registrant files their registration statement.
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7. Critical Thinking Imagine you are managing a team of students that is running the concession stand at a basketball game to raise money for your DECA chapter
List two situations that could occur for which a tactic management style would be most appropriate and other situations when a strategic style would be mos appropriate. Discuss the situations with other student and see whether they agree with your decisions.
As a tactical approach, the students might circulate pamphlets or make announcements to create an awareness of the need to raise the donations at the concession stand. The target achieving planning is also done using strategy. The sports team develops a plan for approaching potential sponsors and key investors in order to collect money for the DECA chapter.
What is a tactical management style?Choose among relevant strategies and tactics to carry out a strategic goal or purpose. Instead of simply following a predetermined standard procedure, a manager might choose the appropriate tactics or procedures for each event that develops in a business environment by using tactical management.
A long-term strategic plan hence is divided into several more specific, smaller short-term plans as part of the planning process known as tactical planning. Teams and businesses regularly employ this form of of plan when they have long-term goals that extend further than two or three years.
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A taxpayer will need to file Schedule A, Itemized Deductions, to deduct which of the following?
A taxpayer will need to file Schedule A, Itemized deductions to deduct medical and dental expenses, taxes, interests, gifts to charity, casualty and theft losses, job expenses and certain miscellaneous expenses.
What are itemized deductions?Itemized deductions include amounts that we have paid for state and local income or sales taxes, real estate taxes, personal property taxes, mortgage interest and disaster losses. It can also include gifts to charity and part of the amount we paid for medical and dental expenses.
By itemizing on Schedule A we can benefit if we can't use the standard deduction or the amount we can claim is limited, we had large unreimbursed medical expenses and made contributions to qualified charities etc.
It is better to take the itemized deduction if it is greater than the standard deduction.
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What does a decrease in federal government purchases do to the neo-keynesian model used in class?.
Keynesians believe that due to the fact expenses are extremely inflexible, fluctuations in any component of spending—consumption, funding, or government fees—purpose output to exchange.
If government spending will increase, for an instance, and all different spending additives continue to be consistent, then the output will grow.
It blanketed tax cuts/credit and unemployment benefits for families; it also earmarked expenses for healthcare, infrastructure, and education. those stimulus measures and federal interventions helped America's economy get better, preventing the splendid Recession from turning into any other complete-blown depression.
He argued that uncertainty prompted people and agencies to stop spending and making an investment, and government have to step in and spend cash to get the financial system lower back on course.
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Choose the response that completes the following sentence. A taxpayer may claim an exemption from withholding on their Form W-4 when they:
A taxpayer may claim an exemption from withholding on their Form W-4 when they did not have a federal income tax liability for the prior year and do not expect to have any liability for the current year.
What is the Form W-4?This refers to the Internal Revenue Service tax form that an American employee fills in to show his tax situation to his employer.
Hence, it can be seen that the time when an American employee can claim an exemption from withholding on their Form W-4 would be if they did not have a federal income tax liability for the prior year
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Because of the impact of cell phones and iPods, this particular medium has a
shrinking listener base. Consumers are also impressed with commercial-free satellite
radio. What medium is threatened by the elements mentioned in this question?
The medium that has the shrinking listener base would be the radio.
How has cell phones reduced the use of other media?Customers and brands frequently interact with one another in real time using mobile devices. Both the marketer and the customer are concerned with convenience.
Purchasing music on your phone is practical. While awaiting the bus, it's handy to download and view shows.
A growing number of people are finding themselves free from planned lines as mobile devices become more widely available. They take fewer special excursions and are eliminating many activities from their lives that are "unnecessary."
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Would raising the starting pay at amazon affect government leaders in any way. Would it take away from other stakeholders?
No raising the the starting pay at amazon would not affect government leaders in any way.
Yes It would be able to take away from the stakeholders of the business.
Why was the pay raised at amazon?As the busiest time of the year for gift-giving approaches, the salary increase would aid the business in luring and keeping workers in a competitive U.S. labor market. According to Amazon, the compensation increases will cost the business close to $1 billion over the following year.
It seems sense intuitively that increased pay makes a job more appealing. This makes it simpler to fire a lax employee and creates a wider applicant pool ready to step in when openings arise.
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Miora is concerned that lots of misinformation and gossip are swirling rapidly along her company’s grapevine. To reduce the negative effects of the grapevine, miora could.
To reduce the negative effects of the grapevine, miora could directly and honestly address the gossip via a rich medium.
Is grapevine communication a gossip?Direct and informal contact occurs across the grapevine.In essence, it refers to gathering knowledge through sources other than the official one.Other names for grapevine communication include "games of telephone," "he said/she said" situations, gossip, and rumors. Gossip Chain: In a gossip chain, one individual searches for information and then spreads it to everyone.This chain functions just like a wheel where information is passed from one person at the center to another positioned on the rim via the spokes of the wheel. loss of morale and trust.wasted time and lost production.Employee concern has increased as a result of rumors spreading without being clear as to what is true or false.Employee division as people choose sides. The grapevine is not always reliable because it does not follow the established channels of communication and is more frequently transmitted by rumors and unverified information.Employee productivity may suffer as a result of their increased time spent talking rather than working.To learn more about grapevine communication refer
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"When the isocost line is tangent to the isoquant, then
A) the firm is producing that level of output at minimum cost.
B) the firm has achieved the right economies of scale.
C) MPL = MPK.
D) All of the above "
When the isocost line is tangent to the isoquant it indicated the firm is the firm is producing that level of output at minimum cost. The firm has achieved the right economies of scale and marginal productivity of Labor(MPL) is equal to the marginal productivity of capital(MPK).
What is the isocost line?An isocost line is a line that represents all combinations of the factors of production of a firm that have the same total cost. Capital (K) or labor (L) are classified as factors of production.
The isocost line is combined with the isoquant map to determine the optimal production at an given level of output. The point of tangency between any isoquant and an isocost line represents the least-expensive combination of inputs capable of producing the level of output associated with that isoquant. It also indicates the highest level of output possible for a given total cost of inputs.
Therefore, the correct answer is option D. All the conditions mentioned satisfies the tangency of isocost line to the isoquant.
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"The types of expenditures that can occur subsequent to an asset's acquisition are: ______
a) additions
b) goodwill
c) improvements
d) repairs and maintenance"
The purchases of an asset, and expenses may include additions, improvements, repairs, and maintenance. Thus, option (A, C D ) is correct.
What is the asset?A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset. The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current.
The expenses made to purchase an asset are the costs incurred after acquisition. They consist of the purchase price, additional costs, and installation fees. Spending following the acquisition or initial acknowledgment of a piece of PPE is known as subsequent spending.
Therefore, Thus, option (A, C D ) is correct.
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Explain all the three levels of management and their functions separately
