The use of information technology & partnership ideas to enable two or more companies along a value chain to function as though they were a single economic entity is known as virtual integration is True.
What is Virtual integration?In the development and testing procedures used by major OEMs, virtual integration might be regarded as cutting edge. It efficiently lowers the amount of actual testing required and boosts testing effectiveness, for instance by utilising extensive test libraries with automated results evaluation.
Through the integration of a group of suppliers using information technology (IT), virtual integration signifies the replacement of ownership with partnership for closer supply-chain collaboration. Technology is used in virtual integration to connect a dispersed network of manufacturers, distributors, and suppliers.
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When price discrimination is practiced, a company sells and charges compared to what it would do without practicing price discrimination. a larger output; higher prices a larger output; a greater range of prices a smaller output; higher prices a smaller output; a greater range of prices
When price discrimination is practiced, a company sells higher output and charges a great range of prices.
Price discrimination is a sales strategy that charges customers different prices for the same product or service based on what the salesperson believes the customer can agree with. In pure price discrimination, sellers charge the highest price each customer will pay.
Why price discrimination?The purpose of price discrimination is generally to capture consumer surplus in the market. This surplus occurs because in a market with a single liquidation price, some customers (segments with very low price elasticity) are willing to pay more than the single market price.
What Factors Affect Price Discrimination?Price discrimination is possible under the following conditions:The seller has some control over the delivery of the product. Such monopoly power is necessary to differentiate on price. Sellers must be able to divide their market into at least two (or more) submarkets.
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FILL IN THE BLANK. a financial services advertisement targets busy professional parents by showing them in a variety of situations during a typical frantic day. this is an example of a____execution.
A financial services advertisement targets busy professional parents by showing them in a variety of situations during a typical frantic day. this is an example of a integrated marketing communication execution.
What do you mean by the target market?A target market is a collection of potential buyers who you identify in order to market your goods or services to. Each group can be split up into more compact units. Typically, segments are categorized according to age, region, income, and lifestyle.
The particular demographic you wish to reach with your marketing message is known as a target market. They are the people who are most likely to purchase your goods or services, and they share some traits like behaviors and demographics.
Knowing your target market will assist you locate possible customers that are interested in what you have to offer. If you know who your target market is, you can focus your marketing efforts there and know what kind of offers will be appealing to them.
Therefore, a financial services advertisement targets busy professional parents by showing them in a variety of situations during a typical frantic day. this is an example of a integrated marketing communication execution.
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one shortcoming of appreciative inquiry is that it does not engage people from outside an organization, such as customers or clients, partners, and other stakeholders, in a change process.
One shortcoming of appreciative inquiry is that it does not engage people from outside an organization, such as customers or clients, partners, and other stakeholders, in a change process. its false.
A approach called appreciative inquiry (AI) aims to involve stakeholders in self-determined transformation. AI "revolutionized the field of organization development and was a precursor to the rise of positive organization studies and the strengths based movement in American management," claims Gervase Bushe, professor of leadership and organization development at the Beedie School of Business and an expert on the subject. Beginning with a 1987 article by David Cooperrider and Suresh Srivastva, it was created in the organizational behavior department at Case Western Reserve University. They believed that the overuse of issue solving prevented any form of social advancement and that new research techniques were required to produce fresh concepts and organizational structures.
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a budget balance could be a result of fluctuations in the economy as a result of automatic stabilizer.
By design, automatic stabilisers increase budget deficits during economic downturns and decrease them during economic upturns. Stabilizers' increased budget deficits during recessions are intended to boost the economy's overall demand and lessen economic losses.
People's reactions to recessions are tempered by automatic stabilisers , which also help them survive if they lose their employment or their businesses suffer. As they increase aggregate demand when it lags, they also play a crucial macroeconomic function in reducing the length and severity of downturns. Automatic stabilisers are components of government budgets that, without the approval of lawmakers, raise spending or lower taxes when the economy weakens.
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Which one of the following is NOT a way to improve the S/Q rating of branded pairs produced at a particular production facility? Increasing Best Practices Training expenditures per worker Increasing expenditures for fringe benefit packages for production workers Increasing expenditures for TQM/Six Sigma programs Increasing expenditures for enhanced styling/features Increasing the percentage use of superior materials
The one that is NOT a way to improve the S/Q rating of branded pairs produced at a particular production facility is option B. Increasing expenditures for fringe benefit packages for production workers.
What is an S/Q rating?The International Footwear Federation, a well- recognized consumer group, rates the styling and quality of the footwear of all competitors and attributes a styling-quality or S/Q rating of 0 to 10 stars to each organization's branded footwear offerings.
Therefore, the correct answer is as given above. Increasing expenditures for fringe benefit packages for production workers is not a means to improve the S/Q rating of branded pairs produced at a particular production facility.
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Subaru is described in the video as an automobile manufacturer. Which of the following types of consumer products, as outlined in the chapter, best describes what Subaru sells?
An automobile is a wheeled motor vehicle. The majority of definitions of vehicles state that they are generally used on roadways, have four wheels, seat one to eight people, and are primarily used to carry people
as opposed to products. The Benz Patent-Motorwagen, created by German inventor Carl Benz, was first patented in 1886, which is recognized as the year the automobile was born. Throughout the 20th century, cars were increasingly accessible. The 1908 Model T, an American automobile produced by the Ford Motor Company, was one of the first vehicles that the average person could purchase. In the US, where they quickly supplanted animal-drawn carriages and carts, cars were embraced. [Reference required] The demand for cars did not pick up until after World War II in Europe and other areas of the world.
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while eye windows incurs a cost of $12 for a pair of eyeglasses, dura frames, its competitor, manufactures a pair of glasses at $10. both the companies are able to sell their glasses for a maximum of $30 per pair. which of the following statements is true in this scenario? while eye windows incurs a cost of $12 for a pair of eyeglasses, dura frames, its competitor, manufactures a pair of glasses at $10. both the companies are able to sell their glasses for a maximum of $30 per pair. which of the following statements is true in this scenario? eye windows is a cost-leader when compared to dura frames eye windows has created a greater economic value than dura frames. eye windows and dura frames have achieved differentiation parity. dura frames has a higher opportunity cost than eye windows.
While eye windows incur a cost of $12 for a pair of eyeglasses, dura frames, its competitor, manufactures a pair of glasses at $10. both companies are able to sell their glasses for a maximum of $30 per Fun Frames and Highwire has achieved a differentiation party.
Company is a prison entity shaped by means of a group of individuals engage in and functioning as a commercial enterprise—business or business—organization. A company may be organized in various ways for tax and monetary legal responsibility functions depending on the company law of its jurisdiction.
There are 3 not unusual varieties of companies—sole proprietorship, partnership, and business enterprise—and each comes with its very own set of blessings and downsides.
In any company, besides OPC, the membership can be held by way of any man or woman or even a frame corporate.
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Winstar is a large-scale manufacturer with more than a hundred partners across the globe. When making decisions concerning distribution and channel optimization, the company invites members from its channel partners to be part of its advisory committee. This helps the company maintain harmony with its partners. Which of the following conflict resolution techniques is Winstar using? A) diplomatic counselling B) mediation C) arbitration D) co-optation E) joint membership
D) co-optation
Co-optation conflict resolution techniques is Winstar using.
When the producer wants to maintain control over the service level and outputs offered by the resellers it most likely will use distribution?For this, you can use one of three ways. Below is a discussion about them. Specified Distribution It entails drastically reducing the number of middlemen. When the producer wishes to keep a tight grip on the outputs and service level provided by the resellers.
The promotion and sale of goods directly to customers outside of a set retail location is known as direct selling. A third party that provides intermediation services between two trading partners is known as an intermediary (or "go-between").
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Key performance indicators (KPIs) for social media are analogous to traditional measures for advertising effectiveness. True/False
True , Key performance indicators (KPIs) for social media are analogous to traditional measures for advertising effectiveness.
What is the effectiveness of advertisements?the extent to which an advertisement's or marketing campaign's goals were met; effectiveness is frequently assessed by examining how it affected sales, brand awareness ,brand preference, etc. View: The Impact of Advertising on Communication Effect of advertising on sales.
How is the efficacy of advertising assessed?
Survey evaluation
Obtaining survey data offers vital insights into the success of advertising campaigns. You can use certain questions that will aid you when you poll your audience regarding your advertising campaign: Tell how many people noticed your advertisement. What did the audience think of the advertisement?
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turnover measures a company's ability to use its assets to generate sales and is an important indication of operating efficiency. it is computed by taking net sales divided by average total assets. t/f
The turnover measure is a company's ability to use its assets to generate sales and is an important indication of operating efficiency. It is computed by taking net sales divided by average total assets. The statement is true.
Turnover is the number of employees who leave a company—either freely or involuntarily. A competitor may offer a raise, or a few staff members may have been let go for performing poorly, leading to turnover.
Employee turnover rate is frequently expressed as a percentage by businesses. It is determined by dividing the number of departing employees in a year (or other period) by the typical number of employees working for the company during that time.
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mercury incorporated purchased equipment in 2022 at a cost of $400,000. the equipment was expected to produce 700,000 units over the next five years and have a residual value of $50,000. the equipment was sold for $210,000 part way through 2024. actual production in each year was: 2022= 100,000 units; 2023 - 160,000 units; 2021 = 80,000 units. Mercury uses units-of-production depreciation, and all depreciation has been recorded through the disposal date. Required: 1. Calculate the gain or loss on the sale. 2. Prepare the journal entry to record the sale. 3. Assuming that the equipment was instead sold for $245,000, calculate the gain or loss on the sale. 4. Prepare the journal entry to record the sale in requirement 3. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the journal entry to record the sale. (If no entry is required for a transaction/event, select "No journal entry required" in the fir account field. Do not round intermediate calculations.) View transaction list View journal entry worksheet No Event General Journal Debit Credit 1 Cash Accumulated depreciation equipment 210,000 170,000
As per the information provided, we can compute the question as follows:
By using the formula,
Annual depreciation rate under Units of production = Depreciable amount/expected overall production
It is given that,
Purchase value is $400,000
Residual value is $50,000
Expected production is 700,000 units
Depreciable Amount = $(400,000 - 50,000)
= $350,000
Annual depreciation rate
[tex] = \frac{350,000}{700,000}[/tex]
= $0.50
Hence, the Accumulated depreciation from 2019 to 2021 = (100,000 + 160,000 + 80,000) × $0.50
= $170,000
Now by using the formula,
Book value of asset = Cost price - Accumulated depreciation
= $400,000 - $170,000
= $230,000
Now, further solving by using the formula
Loss on sale of equipment = Book value - Sales price
= $230,000 - $210,000
= $20,000
The journal entry that is to recorded for the sale being:
Cash $210,000 (debit)
Accumulated Depreciation $170,000 (debit)
Loss on sale $20,000 (debit)
Equipment $400,000 (credit)
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Which of the following most likely would NOT be considered as an inherent
limitation of the effectiveness of a firm's internal control?
A. Incompatible duties.
B. Management
override.
C. Mistakes in
judgment.
D. Collusion among
employees.
Incompatible duties would not be considered as an inherent limitation of the effectiveness of a firm's internal control. So, the correct answer is option A.
Internal controls are meant to detect issues, stop errors and anomalies, and make sure that the right steps are done to fix them. Due to the fact that controls are ingrained in operations, process owners within your department frequently carry out controls and interact with the control structure on a regular basis.
Internal controls are formed from how management conducts an activity or performs a task and are incorporated into the management process. Despite the fact that all University departments must use the same components, small and medium-sized departments may choose to implement them differently from major departments. They work as a unit to offer a reassuring guarantee that the overall set aims and goals are accomplished.
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identify the correct treatment of recovered impairment losses relating to indefinite-life intangible assets under ifrs
They must be reversed is correct treatment of the recovered impairment losses relating to indefinite-life intangible assets under IFRS.
What is an intangible asset?An asset without physical substance is said to be intangible. Examples include software as well as patents, copyright, franchises, goodwill, trademarks, and trade names. It can be quite challenging to value an intangible asset. Non-rivalry and non-excludability are common market failures that they experience. One potential factor in the discrepancy between "business value as per their accounting records" and "company value as per their market capitalization" may be intangible assets. It's critical to comprehend what an intangible asset is in an accountant's eyes in light of this argument. Therefore, it would seem that an intangible asset's lack of physical substance is a defining feature.
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match each of the following characteristics or scenarios with either the term negative externality or the term positive externality. a. resources are overallocated: (click to select) b. tammy installs a very nice front garden, raising the property values of all the other houses on her block: (click to select)
a. Overallocation of resources: Negative externality. Overallocation of resources is an inefficient use of resources that results in a net social loss. This is an example of a negative externality because it results in the inefficient use of resources and a net social loss.
b. Tammy installs a very nice front garden, raising the property values of all the other houses on her block: Positive externality. Tammy's investment in her front garden creates a benefit for her neighbors as well, as it raises the value of their property. This is an example of a positive externality because it creates a benefit for those who are not directly involved in the investment.
c. Market demand curves are too far to the left (too low): Negative externality. A market with low demand is an inefficient market as resources are not being optimally allocated. This is an example of a negative externality because it leads to inefficient use of resources and a net social loss.
d. Underallocation of resources: Negative externality. Under allocation of resources is an inefficient use of resources that results in a net social loss. This is an example of a negative externality because it results in the inefficient use of resources and
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Complete question:
Match each of the following characteristics or scenarios with either the term negative externality or the term positive externality.
a. Overallocation of resources: (Click to select)Positive externalityNegative externality.
b. Tammy installs a very nice front garden, raising the property values of all the other houses on her block: (Click to select)Negative externalityPositive externality.
c. Market demand curves are too far to the left (too low): (Click to select)Positive externalityNegative externality.
d. Underallocation of resources: (Click to select)Positive externalityNegative externality.
e. Water pollution from a factory forces neighbors to buy water purifiers: (Click to select)Negative externalityPositive externality.
Below is a graph of the Murphys' annual expenses. If the Murphys' gross annual household income is $85,420, how much will they pay in federal taxes?
a. $3,559.17
b. $8,542.00
c. $20,500.80
d. $29,897.00
The Murphys will pay $20,500.80 in federal taxes on an annual gross household income totaling $85,420. Thus, the correct answer is C.
Individual federal income tax rates in the United States are progressive, which means that as taxable income rises, so will the tax rate. Federal income tax rates vary from 10% to 37% and are levied at various income levels. Tax brackets are the income ranges within which the rates apply. Income in each tax group is taxed at the associated rate.
The federal tax rate is 24%, as shown in the pie chart (see the attachment). While the annual gross household income for the Murphys is $85,420. Hence, the amount that the Murphys will pay for federal taxes is:
= [tex]\frac{24}{100}[/tex] x $85,420 = $20,500.80Hence, the correct answer to this question is C.
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in our lecture, the professor used coca-cola, airline tickets, and amazon purchases as examples of what type of pricing strategy?
The professor used Coca-Cola, airline tickets, and Amazon purchases as examples of pricing methods that make advantage of dynamic pricing throughout our presentation.
Define Price.The sum of money that one party exchanges for goods or services from another is known as the price; it is almost never negative. Depending on the situation, the term "production cost" can take on many different meanings. If the item is a "good" in a business transaction, its price is likely to be referred to as such.
If the object is a "service," there will be various possible names for the name of this commodity. The price of a good is affected by the manufacturing costs, supply of the desired good, and consumer demand. The market may impose the price on the company, or a monopolist may determine the price.
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the branch of economics concerned with modes of production, distribution of benefits, social institutions, and class relationships.
The branch of economics concerned with modes of production, distribution of benefits, social institutions, and class relationships is pollution charges.
Social institutions are coherent systems of social roles and social norms organized around the satisfaction of important social needs or functions. Social institutions are organized patterns of beliefs and behaviors that address basic social needs.
A social institution is an interrelated system of social norms and social roles that organizes and directs patterns of behavior that contribute to the fulfillment of a society's basic social needs. For example, society needs legal, educational and economic systems.
They serve as the backbone of society. Without social institutions, a society cannot achieve economic, academic, or relational fulfillment. In the absence of rules and regulations in society, people are more likely to engage in crime and other harmful activities.
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T/F listening effectiveness is positively associated with customer satisfaction but negatively related to employee job satisfaction.
Customer satisfaction is favorably correlated with listening effectiveness, however employee job satisfaction is negatively correlated.
What are the listening's effectiveness ?Effective listening develops strong ties, dedication, and trust by demonstrating concern for subordinates. Effective listening has the tendency to lessen the occurrence of interpersonal conflict and raises the possibility that disputes will be settled by "win-win" means when they do arise.
According to the given Information
It was discovered that listening has a more direct influence on job satisfaction. The results show that both leadership styles can promote employee happiness at work.
We demonstrate that active listening boosts customer satisfaction using scenario-based experiments. Additionally, we discover that active listening encourages clients' views of preferential treatment, which increase client satisfaction.
Customer satisfaction is favorably correlated with listening effectiveness, however employee job satisfaction is negatively correlated.
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At the beginning of the current year, a company issued stock for $200,000 and borrowed $75,000 from the bank. By the end of the year, the company had provided services of $85,000 for cash, paid employee salaries of $38,000, and paid utilities of $15,000. Determine the amount of financing cash flows the company will report in the current year. (Cash outflows should be indicated with a minus sign.) Financingcashflows
The company will record $275,000 in financing cash flows for the current year.
Define Financing cash flows."Financing cash flow," commonly referred to as "cash flows from financing," is the collective term for the net cash flows used to finance a company's capital. Financing activities include actions like the issuing of debt and shares as well as dividend payments.
Cash influx, which might originate from sales, investments, or finance, is money that enters a firm. A cash influx, or money entering a business, is the opposite of a cash outflow. To calculate your cash flow from financing activities, add your dividend payments to the cash received from the sale of shares or debt and subtract the sum. In a cash flow statement, they are also included.
Financing cash flows = Issued stock + Borrowed money from bank
Financing cash flows = $200,000 + $75,000
Financing cash flows = $275,000
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exercise: the data set below lists sales to customers. depending on the gross sales amount of each order, the customer gets a discount according to the discount schedule to the right. the customer must also pay a shipping cost and tax, both based on the gross sales amount. use appropriate formulas to fill in columns e-g. hint: use appropriate relative and absolute addresses. note that the answers should be the dollar value of the discount/ shipping cost/ tax, not the percentage.
Gross sales is indeed a measure of a company's overall sales that is not cost-adjusted for those sales' production. The sum of all sale invoices or associated revenue transactions is used to determine the gross sales calculation.
Does revenue equal gross sales?The total gross sales made by a corporation over a specific time period are referred to as gross revenue in accounting. It is the entire amount of money that the company got, with no deductions made for any charges. The difference between a firm's gross revenue and all of its costs, including fixed costs, is known as net revenue or net income.
How is gross sales revenue determined?The gross income of a business is calculated as its sales income minus its cost of goods sold (COGS). If a corporation reported sales volume of $500,000 as well as the cost to produce those products was $100,000, its annual salary would be $400,000..
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the insurance aftermath of september 11: myriad claims ...
The insurance aftermath of September 11: myriad claims with its lengthy claims procedure and excessive reliance on manual labor, the insurance sector is one of the most susceptible to disruption.
The sector has a lot of room for improvement thanks to blockchain. There is currently a lot of paperwork and a long wait time for insurance claims. Smart contracts, which contain rules and regulations that can cause some action to be taken whenever certain conditions are satisfied, can be used in a blockchain-based system. A customer can upload the necessary documentation for an insurance claim, and the Blockchain will instantaneously validate and process it. This reduces the need for human interaction and lowers the cost of logistics. Additionally, the Internet is increasingly becoming connected to our devices. IoT will undoubtedly get better with time.With so many devices linked to the cloud, a Blockchain can receive a steady flow of data from many device types, enhancing the ability of the insurance business to predict risk. For instance, in auto insurance, a linked vehicle may continuously report crucial indicators to a blockchain.
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justin corp. issues 10,000 shares of $1 par value common stock for $5 per share. the journal entry to record this transaction will include which of the following?
The record of the issuance of the stock is debit to cash for $50,000, credit to common stock for $10,000 and credit to excess of common stock of $40,000.
How to record journal entry for the following transactions?A. Entries of the stock
1. Account(cash)
Cash=10,000 shares at $5 per share
Cash=10,000×5=$50,000
Cash to Debit=$50,000
Credit this account=$0
2. Account (common stock)
Common stock=10,000 shares at $1 per value common stock
Common stock=10,000×1=$10,000
Credit account=$10,000
Debit this account=$0
3. Account (Paid-in Capital in Excess of Par - Common Stock)
Paid in capital in excess of par-common stock=50,000-10,000=$40,000
Credit this account=$40,000
Debit this account=$0
This can be written as;
Account Debit ($) Credit ($)
Cash (10,000 shares×$5 price) 50,000
Common Stock (10,000 shares×$1 par) 10,000
Paid-in Capital in Excess of Par - Common Stock 40,000
The record of the issuance of the stock is debit to cash for $50,000, credit to common stock for $10,000 and credit to excess of common stock of $40,000.
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A government that relies on seignorage to finance excess government expenditures is the foundation for the quote: a. "Velocity growth should be equal to 2 percent in the long run."b. "Inflation is always and everywhere a fiscal phenomenon." d. "Inflation is always zero in the long run."e. "Inflation is always and everywhere a monetary phenomenon."
A government that relies on seignories to finance excess government expenditures is Inflation is always and everywhere a fiscal phenomenon.
Federal government spending involves everything from Social Security and Medicare to military equipment, transportation maintenance, building construction, research, and education. Government expenditure is described as money spent by the public sector on the acquisition of products and provision of services such as education, healthcare, social protection, and defense. K–12 education, public welfare. higher education, health and hospitals, highways and roads, criminal justice, and housing make up the majority of state and local government spending. The two primary categories of these expenses are required and discretionary.
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Last year Lawn Corporation reported sales of $230,000 on its income statement. During the year, accounts receivable increased by $24,000, and accounts payable increased by $29,000. The company uses the direct method to determine the net cash provided by (used in) operating activities on the statement of cash flows. The sales revenue adjusted to a cash basis for the year would be:
(a) $201,000.
(b) $225,000.
(c) $206,000.
(d) $235,000.
$206,000. On the cash flow, the sales revenue for the year converted to the a cash basis would be operational activities.
What does sales revenue refer to?Before any costs are subtracted, sales revenue is the income from goods and services. It is typically calculated over a specific time frame, such a fiscal year or quarter.
What do sales and revenue mean?Before any costs are deducted from the computation, revenue is the total money a business derives from its core operations. Sales are the money a business makes from offering products or services to clients.
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u.s. gaap and ifrs treat research costs as a(n) FITB , whereas for ifrs, development costs are treated as a(n) FITB .
Research expenses are expensed under IFRS (IAS 382), similar to US GAAP. Contrary to US GAAP, IFRS has broad-based guidance that, when certain requirements are met, compels companies to capitalize on development costs, including internal costs.
What are the main distinctions between IFRS and US GAAP?
The main distinction between the two accounting systems is that GAAP is based on rules, whereas IFRS is based on principles. This discrepancy turns up in particular details and interpretations. In general, IFRS guidelines give much less information overall than GAAP.
According to IFRS, assets are reported in increasing order of liquidity, whereas US GAAP lists assets in decreasing order of liquidity (current assets come before non-current assets) (i.e. non-current assets before current assets).
Therefore, According to GAAP regulations, expenses for R&D must be recorded as they are incurred.
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T/F sort the following groups of americans as to whether group members tend to support either the republican or the democratic party.
Republicans are slightly more likely to receive support from men than from women, and vice versa. - men- to put the Republican Party's top priorities of national security, fiscal responsibility, and the economy first.
What principles does the Republican Party uphold?
The Republican Party is well known for promoting right-leaning ideologies including libertarianism, social conservatism, and economic conservatism. Republicans therefore broadly support traditional values, little government meddling, and strong private sector support.
The South was the region of the country where Democratic-Republicans performed best, and many of the party's top figures were prosperous former slaveholders. The Democratic-Republicans also attracted Northerners from the middle class who were eager to oppose the local elite, including artisans, farmers, and low-level merchants.
Therefore, Democrat Party identification is more common among protesters.
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In a bullseye chart, the amount by which actual unemployment and inflation differ from the Fed's target rates is
A. Represented by the center of the red dot
B. Found by drawing a triangle linking the center to two red dots
C. Found by looking at the position of the red dot relative to the center
D. Represented by the center of the bullseye
The amount by which actual unemployment and inflation differ from the Fed's target rates is found by looking at the position of the red dot relative to the center that is option C is correct.
A bullseye chart is referred to as the chart that is used to represent the variables that are continuous as well quantitative. These variables are very easily represented on the bullseye chart. Different circles is drawn with different sections. Each section of the circle represents a certain point or it represents certain values. Any variable to be measured are represented as red dots on the charts which lie on the certain region of the circle and its value is measured relative to the center or the bulls eye that represents the highest value. The unemployment and inflation can also be measured by using the bullseye chart.
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A monopolistically competitive market consists of (_____ _____) seller(s), an oligopoly consists of (_____ _____) seller(s), and a monopoly consists of one seller.A) many; a fewB) many; oneC) a few; manyD) one; many
If we talk about monopoly market then it may be concluded that it consist of many sellers on thee other hand the market of oligopoly has few sellers.
In a monopolistic market, there is no competition, therefore the monopolist has total control over the price and quantity demanded. A monopoly's profit is maximized at the level of output where the marginal cost and marginal income are equal. The choice that will increase profits for the monopoly is the quantity of commodities produced at the point at which marginal revenue equals marginal cost, or when MR = MC. At certain output levels, MR > MC if the monopoly produces less, and the business can raise profits by doing so.To know more about monopoly here
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Flounder Company purchased merchandise on account from a supplier for $32,100, terms 2/10, n/30. Flounder Company returned $8,600 of the merchandise and received full credit.a. If Flounder Company pays the invoice within the discount period, what is the amount of cash required for the payment? EE 6-2 p. 288 SHOW ME HOWb. What account is credited by Flounder Company to record the return?
Account credited by Flounder Company to record the return would be $23,030.
The terms 2/10, n/30 means that if the amount is paid in maximum 10 days, the client will receive a 2% discount. If he/she doesn't make the payment in this period, the total amount has to be paid within 30 days.
As Flounder Company returned merchandise with an invoice amount of $8,600, you have to subtract this amount from the initial value of the merchandise they purchased:
$32,100-$8,600= $23,500
Then, you have to calculate the 2% discount they will get from the $23,500 for paying the invoice within the discount period:
$23,500*2%= $470
$23,500-$470= $23,030
According to this, the answer is that the amount of cash required for the payment is $23,030.
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What is organizational change ?; What is organizational innovation ?; What is organizational change and what are two major areas of change in organizations ?; Why do we need change in organization?
The organizational change is Change in shape or acts of organization.
The required details about organizational change is mentioned in below in below paragraph.
-Product extrade and era extrade organizational change refers back to the movements wherein a enterprise or commercial enterprise alters a first-rate factor of its organization, including its culture, the underlying technology or infrastructure it makes use of to operate, or its inner processes. Organizational change management is the procedure of guiding organizational extrade to a a hit resolution, and it normally consists of 3 important phases: preparation, implementation, and follow-through.Many elements make organizational extrade necessary. Some of the maximum not unusualplace confronted via way of means of managers include:
New management on the helm of the enterprise or inside its departments
Shifts withinside the organizational group shape
The implementation of recent era
The adoption of recent commercial enterprise models.
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