Firms are likely to enter an industry when there are high profits to be made and barriers to entry are low. They are likely to exit when profits decrease and the cost of staying in the industry becomes greater than the potential returns.
Firms enter an industry when they see an opportunity to make a profit. This could be due to high demand for a product or service, low competition, or advancements in technology that make it easier to enter the market. On the other hand, firms will exit an industry when they are no longer able to make a profit.
This could be due to a decrease in demand for their product or service, increased competition, or higher costs of production. Additionally, firms may exit an industry if they see better opportunities for growth and profits in another industry.
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Farmer John's Corn IPM Case Study
Farmer John Smith is getting ready to choose what types of corn he would like to plant for next year's crop. John will be making these decisions based on a sound IPM management program. John, along with his agronomist, scout fields all summer to determine types of pests and infestation rates of particular pests. Based on this information, John determines what types of pest control programs to use both for insect and weed control in his corn fields.
This year John tried something new. In 2 out of 5 of John's corn fields had a corn borer problem last year. So as part of John's IPM program he planted those 2 fields to corn with the Bt gene. As part of a good IPM strategy, John is on a crop rotation pattern to break the cycle of many pests that plague his area.
Last years Data
Date
# of Borers Present
5/31
6/15
10 adults/55 plants
5/31 6/15
10 adults/55 plants 25 adults/55 plants
45 adults/55 plants
7/1
7/15
25 adults/55 plants 50 adults/110 plants
27 adults/55 plants
7/1
8/1 8/15
125 adults/55plants 155 adults/55 plants
175 adults/55 plants
8/1 8/15
9/1
40 adults/110 plants 29 adults/55 plants
9/1 9/15
This Years Data
175 adults/55 plants
*Data reflects the average of the 2 infected fields.
9/15
47 adults/110 plants 28 adults/55 plants
1. The first step to IPM is inspection. Is John doing this step? Give evidence.
2. The second step is identification. What is the pest that is causing the problem for John?
3. Look up the pest identified in #2 - what are some of the issues with this pest and how does it infect corn?
4. The next step of IPM is recommendation. A recommendation is made only after the inspection has been completed and all the facts surrounding the problem are known.
The treatment is the next step. Treatment may include sanitation and removal services, the use of traps or other mechanical devices to catch or prevent pests from entering, and any other activity used to eliminate pests and prevent their recurrence. Treatment may involve the use of pesticides.
IPM works to use the least amount of pesticides possible and still eradicate pests. What treatment did John opt to use on his corn fields? What is this, how does it work? Use this website from the U of M to help.
5. What are some reasons John would use Bt corn over pesticides?
6. Look at John's data - Give evidence on whether Bt corn is effective in controlling the
corn borer problem or not.
7. Is John done with treatment or should he plant Bt corn next year? Give evidence to support your claim.
A. Yes, John is doing the first step of IPM as evidenced by the data he has collected over the past year. He is using Bt corn as part of his pest control program.
John is completing the first steps of IPM, which include inspection and identifying the pest causing the problem. The pest that is causing the problem for John is the corn borer, which is a moth species that lays its eggs in the corn stalk, leading to larvae that feed on the plant.
As part of his IPM program, John is using Bt corn, a corn variety that has been genetically modified to produce a protein that is toxic to the corn borer, as a form of treatment. This protein is only produced in the plant tissue and not in the harvested corn, making it safe for consumption.
Bt corn can be more effective than pesticides, which can have negative environmental impacts and can also be more cost-effective. Based on John's data, it appears that Bt corn has been effective in controlling the corn borer problem as the number of borers present has decreased over the course of the year.
John should continue to plant Bt corn in the two infected fields, as this has been effective in reducing the number of borers present.
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Suppose Bank One offers a risk-free interest rate of 5.5 % on both savings and loans and BankEnn offers a risk-free interest rate of 6.0 % on both savings and loans.a. What arbitrage opportunity is available?A.Take a loan from Bank One at 6.0 % and save the money in Bank One at 5.5 %.B.Take a loan from Bank One at 5.5 % and save the money in Bank Enn at 6.0 %.C.Take a loan from Bank Enn at 6.0 % and save the money in Bank One at 5.5 %.D.Save at both banks.
An arbitrage opportunity is a situation where an investor can simultaneously buy and sell the same or similar assets in different markets to make a profit. Thus option B is the correct answer.
In this case, the investor can take a loan from Bank One at 5.5% and save the money in Bank Enn at 6.0%. The investor will be borrowing at a lower rate and lending at a higher rate and thus making a profit.
A.Take a loan from Bank One at 6.0 % and saving the money in Bank One at 5.5 % does not make sense, as the rate is the same in both cases and the investor will not make any profit.
C.Take a loan from Bank Enn at 6.0 % and saving the money in Bank One at 5.5 % does not make sense, as the rate is the same in both cases and the investor will not make any profit.
D.Save at both banks does not make sense as an arbitrage opportunity, as the investor will be earning the same interest rate and they will not make any profit.
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if the central bank sells $20,000 worth of government bonds to banks, what will happen to the money supply? assume that the reserve requirement is 20 percent and that the banks hold no excess reserves. (2 points)
The money supply will decrease by $200,000 when central bank sells $20,000 worth of government bonds to the banks.
What is money supply?The money supply is the total amount of cash and liquid assets in an economy on the measurement date. Governments print money in the form of coins and bills using a combination of central banks and national treasuries. Bank regulators have an effect on the quantity of money available to the general public by dictating to banks what reserves they must hold, how to extend credit, and other financial difficulties. Business cycles and long-term macroeconomic performance have been largely linked to variations in the money supply. The role of the money supply is heavily emphasized by monetary theory, Irving Fisher's quantity theory of money, and Austrian Business Cycle Theory, three macroeconomic schools of thought.
MM = 1/.2 = 5; 5 x $20,000 = $200,000 decrease in money supply
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relish has a chain of outlets that sells baked products. relish requires all its employees to complete a month's training before they can work in the kitchen. this is an example of a . a. contingency plan b. standing plan c. standard operating procedure d. regulation e. policy
Relish is a bakery chain that sells baked goods. Before they can work in the kitchen, all relish staff must go through a month of training. This is an example of a policy.
What exactly do you mean by the policy?A policy is a set of purposeful guidelines that guide decisions and produces rational outcomes. A policy is a proclamation of intent that is put into action by a procedure or routine. Policies are often adopted by a company's governance body. Policies can help with both subjective and objective decision-making. Strategies employed during subjective assessment often assist top management in making decisions that must be based on the relative advantages of a number of factors and, as a consequence, are sometimes difficult to examine objectively. Organizations and other entities also have tactics in the form of laws, regulations, guidelines, written rules, awards, and optional actions. Resources are frequently allocated in line with policy suggestions.
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a manager leaves an organization to follow a transferred spouse. which recruiting practice would be readily accessible to current employees and help the employer pinpoint and identify qualified internal candidates for the open job?
Current employees would easily have access to (B) job posting recruiting practices, which would aid the company in locating and identifying qualified internal candidates for the open position.
What is a Job posting?Job posts also referred to as job advertising, are the main way that businesses find new employees to fill open positions.
Historically, newspaper classifieds were commonplace for employment advertisements.
Nowadays, job advertisements are frequently posted online.
A job description is, technically speaking, an internal document that human resources departments, hiring managers, and employees use to describe a role.
Technically defined, a job posting or job ad is an external document utilized by hiring teams during the recruitment process.
Internal and external posts are the two primary categories of job advertisements.
Therefore, current employees would easily have access to (B) job posting recruiting practices, which would aid the company in locating and identifying qualified internal candidates for the open position.
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Correct question:
A manager leaves an organization to follow a transferred spouse. Which recruiting practice would be readily accessible to current employees and help the employer pinpoint and identify qualified internal candidates for the open job?
a. Job bidding
b. Job posting
c.Temporary agencies
d. Interns
In constructing a profile for your customer, you wish to assemble information on both financial and nonfinancial investment considerations that affect your customer. Which of the following qualify as financial investment considerations?
I. Your customer's tolerance of various forms of risk.
II. Your customer's dependents and their ages.
III. Your customer's liquid net worth.
IV. Your customer's monthly credit card payments.
The correct answer is C and D. The qualify as financial investment considerations are Your customer's dependents and their ages and Your customer's liquid net worth.
Economic funding is an economic product like a cryptocurrency or a stock this is bought with the intention of creating wealth. each investment has unique risks, blessings, and drawbacks in order to decide how and while investors purchase or promote them.
Investment is the willpower of cash to purchase an asset to reap an increase in price over a period of time. funding calls for a sacrifice of some gift asset, which includes time, cash, or attempt. In finance, the cause of making an investment is to generate a return from the invested asset.
There are numerous types of investments to select from. possibly the most common are stocks, bonds, real estate, and ETFs/mutual funds. other types of investments to don't forget are real property, CDs, annuities, cryptocurrencies, commodities, collectibles, and valuable metals.
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in which csr business activity would an organization consider csr risks before projects are approved?
Integrating CSR principles and controls into the decision-making process is the CSR business activity would an organization consider CSR risks before projects are approved.
The decision-making is the process which is used in the business or start-ups for identifying a concept or decision to gathering information and take action.
The decision-making process contains five steps which are identify the decision, gather information, merits the decision, weigh the evidence and choose among alternatives.
To implement the business plan, it is important to take the decision-making process on the plan or decision. The CSR principles and controls into the decision-making process would be an organization for the projects approval.
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Only one firm produces and sells soccer balls in the country of Wiknam, and as the story begins, international trade in soccer balls is prohibited. The following equations describe the monopolist s demand, marginal revenue, total cost, and marginal cost:
Demand: P = 10 - Q
Marginal Revenue: MR = 10 - 2Q
Total Cost TC = 3 + Q + 0.5 Q
2
Marginal Cost: MC = 1 + Q,
where Q is quantity and P is the price measured in Wiknamian dollars.
a. How many soccer balls does the monopolist produce? At what price are they sold? What is the monopolist s profit?
b. One day, the King of Wiknam decrees that henceforth there will be free trade either imports or exports of soccer balls at the world price of $6. The firm is now a price taker in a competitive market What happens to domestic production of soccer balls? To domestic consumption? Does Wiknam export or import soccer balls?
The monopolist will produce for 4 units and price is $6.
How do you calculate monopolist price?A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces. To find the profit-maximizing output level, we need to set marginal revenue equal to marginal cost.
MR = 10 - 2Q = MC = 1 + Q
10 - 2Q = 1 + Q
Solving for Q, we get:
Q = 4
So, the monopolist produces 4 soccer balls. To find the price at which they are sold, we substitute this value of Q back into the demand equation:
P = 10 - Q = 10 - 4 = 6
So the soccer balls are sold at a price of $6. To find the monopolist's profit, we need to calculate total revenue and total cost at this output level:
TR = P * Q = 6 * 4 = $24
TC = 3 + Q + 0.5 Q^2 = 3 + 4 + 0.5(4)^2 = 3 + 4 + 4 = 11
Profit = TR - TC = 24 - 11 = $13
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Finished products are an example of independent-demand items. True or False ?
The bullwhip effect describes variations in supply. True or False?
Fill rate represents percentage of demand filled indirectly from inventory. True or False ?
Finished products are an example of independent-demand items.
The statement is true
The demand for an item is said to fall under the category of independent demand when it is not dependent on the demand for another item. complete products Items that are produced for stock and sale or ordered by external customers are referred to as independent demand items.Demand for a finished good can majorly be defined as a whole process where the independent demand can be called whereas demand for a component part of a finished good, such as the tires on a car.This is popularly called as dependent demand. The demand for a finished good serves as the basis for dependent demand.To know more about Demand here
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more than 90 people representing a variety of interests attend the meeting to discuss the situation. conspicuously missing are company representatives of the meat packing plant. at this session, people begin to compare notes and stories and learn that the problem and the complaints come from a far larger area than was previously believed. 4. assuming those you invited attended, what are some of the immediate follow-up actions that can be taken by members of the group to resolve the situation?
Company representatives from the meat packing facility, local government authorities, such as safety and hazardous waste specialists, and residents with first-hand accounts of potential incidents are all present.
Which valuable data could you gather in advance of the conference?The local fire department and the plant safety officer should be contacted to get more detailed information on plant conditions, and the State Emergency Response Commission and Local Emergency Planning Committee should be informed in advance to get information on plant emissions. Investigating suitable ammonia emission standards may also be a useful idea. (The "hotline" for Title III could be helpful.)
What are some immediate next measures that group members can take to address the problem, provided the people you invited showed up?The county air quality office is asked to assess how many air pollutants are present nearby in order to determine whether the Clean Air Act has been broken. The Local Emergency Planning Committee is now obligated to provide copies of the data acquired under the Superfund Amendments and Reauthorization Act (SARA) and evaluate the facility's level of compliance. SARA has been updated.
If there have been any violations of the Clean Water Act, RCRA, or state environmental laws, the Coast Guard, EPA, and state natural resource officials are asked to investigate the fish kills in the river. Representatives of the union give their approval to the request for OSHA to inspect the factory to ensure compliance with health and safety laws. Along with that, the fire inspector agrees to check the plant for any fire code infractions.
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Which of the following is NOT one of the three types of supporting documents as stated in the presentation
Financial documents is NOT one of the three types of supporting documents as stated in the presentation.
The purpose of Business presentationBusiness presentations are made for a number of reasons. Each reason is very different in terms of content and purpose.
However, overall the purpose of business presentations can be classified into three main things, namely informative, persuasive and supporting.
Here are the details:
1. Informative Business Presentation
The purpose of an informative business presentation is to explain what you know. This is the most common type of business presentation out there.
This business presentation is usually done intra-organizationally. Examples of these presentations are team briefing presentations, annual reports, quarterly business reviews, business portfolio presentations, and business plan presentations.
2. Persuasive Business Presentation
The goal of a persuasive business presentation is to convince your audience of your point of view. You try to convince them of what you believe is right.
Developing this business presentation requires mastery of copywriting and public speaking skills.
This presentation is not like an informative business presentation.
Your goal with this presentation is to sway the opinion of your audience and propel them towards the desired course of action.
Some examples of persuasive presentations are pitch decks or investor presentations, sales presentations, business case presentations, and business proposal presentations.
3. Supporting Business Presentations
The purpose of this business presentation is to facilitate decision making. You explain how you can get things done.
The underlying objective of this presentation is to communicate a general “action plan”. It then outlines the next steps needed to bring it to life.
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question content area because the dual price represents the improvement in the value of the optimal solution per unit increase in right-hand-side, a dual price cannot be negative. true false
Correct answer is false.
Dual pricing is the exercise of setting different costs in one of a kind markets for the equal product or service. This tactic may additionally be used with the aid of a enterprise for a range of reasons, but it is most often an aggressive cross to take market share away from competitors.
What is dual pricing in India?Dual pricing refers to two sets of prices for the equal commodity controlled expenses for weaker sections and higher open market costs for the others . An aggressive competitor may additionally use twin pricing to considerably lower its charge in a new market.
What is dual pricing in departmental accounting?Dual pricing is a state of affairs in which the same product or service is offered at exceptional expenses in one-of-a-kind markets. It is usually encountered when selling into international markets.
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https://brainly.com/question/14619194#SPJ4In discussions of business and society, why is there a tendency to focus on large rather than small- or medium-sized firms? Have the corporate ethics scandals of the early 2000s affected small- and medium-sized firms? If so, in what ways have these firms been affected?
There is a tendency to focus on large corporations since they receive more media attention than small ones. Large companies are perceived as having more influence because of their broad advertising reach, stellar product reputation, and increased customer awareness.
Why do huge companies tend to get more attention in debates of business and society than small or medium-sized businesses? Have small- and medium-sized businesses been impacted by the early 2000s corporate ethics scandals? If yes, how have these businesses been impacted?When studying the relationship between the influence on the economy and firm size, larger enterprises have a stronger impact.
Larger companies' revenues will have a bigger impact on the world economy. As a result, society has a more favorable impression of them. Although medium and small firms have an impact on the economy, profitability is more influenced by larger businesses.
There was also a level to the ethical offenses committed in the early 2000s. Enron, if I recall correctly, was an energy company. They were huge, but they were corrupt. Enron was, for lack of a better word, fabricating the books. They got around a number of SEC rules while still keeping certain records. This flagrant blow-up caused the firm to lose billions from stockholders and employee pensions.
The SEC cracked down on all publicly owned companies as a result of this ethical incident and issued new accounting guidelines. The FASB (Financial Accounting Standards Board) and Sarbanes Oxley are a couple of the well-known names that come to mind. These names are certain to be familiar to you if you have attended accounting courses. Large public corporations in the US were forced to comply with changes made to the G.A.A.P. (Generally Accepted Accounting Principles).
However, the impact on small and medium-sized firms wasn't as severe. Again, these changes and new regulations have an impact on publicly owned firms. corporations that deal in stocks. It is best for small- and medium-sized business owners to follow these guidelines as though they intend to go public.
Think of a famous person as a great way to demonstrate the differences in firm size's relevance to society. While news concerning regular people is less extensive, celebrity news is always available. Despite the fact that the entire world and society are aware of Kanye West's issues with Kim Kardashian, they are not aware of what is happening to your neighbor. It's not that your neighbor is less important overall; it's just that Kanye and Kim are more well-known in society.
One could claim that small and medium-sized enterprises can get away with ethical difficulties more easily than huge corporations due to their size and profit margins.
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list the four questions asked in analyzing an adjustment on a work sheet.
The four questions asked in analyzing an adjustment on a worksheet are What is the balance? What should the balance be? What must be done to make the balance what it needs to be? What adjustment is made?
The beginning inventory balance in the trial balance columns is combined with the two inventory adjustments on a work sheet to generate the ending inventory balance in the adjusted trial balance columns. This balance is carried over to the balance sheet columns on the work sheet.
On the job sheet, the two modifications to the income summary are given particular care. Rather than combining the adjustments and placing the result in one of the adjusted trial balance columns, both adjustments are transferred to the adjusted trial balance columns, followed by the income statement columns.
The debit entry on the work sheet for income summary is used to report the beginning inventory balance on the income statement, and the credit entry for income summary is used to report the ending inventory balance on the income statement.
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horace, keith, and john own rendezvous, a luxury dining restaurant, as joint tenants. after the death of horace, keith and john became the owners of horace's interest in the property automatically. this feature of concurrent ownership is called .
Reunion is a fine dining establishment owned by joint tenants horace, keith, and john. Horace's ownership interest in the property immediately passed to Keith and John upon his death. Right of survivorship is the term used to describe this continuous ownership aspect.
Does the Right of Survivorship Override a Will?The right of survivorship takes precedence over any existing wills. This is being done to sidestep the probate process. The JTWROS, however, ceases to exist at the death of the last surviving person, and the asset or property goes to that party's heirs in accordance with their will.
It means that if an owner dies, the remaining owners will take over ownership of his proportionate share of the company. The probate, a civil process where a judge acknowledges a decedent's will as a legitimate legal document and demands that it be proved, comes to an end at this point. The assets of the deceased owner pass to any heirs.
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shannon kelly makes a deposit in her checking account. she has checks for $178.16 and $36.00. shannon gets back $20.00 in cash. what is her total deposit?
Total deposit is $194.16.
What is a deposit in an account?A deposit is the term used in finance to describe money stored in a bank. A deposit is a transaction in which funds are handed to another party for storage. A cash quantity used as security or collateral for the delivery of a good is yet another definition of a deposit.
What are the types of deposit account?Current accounts, recurring deposits, savings accounts, and fixed deposit accounts are the four types of deposits that banks have traditionally offered. Each kind offers advantages.
Here,
Total checks = $178.16 and $36.00
Total checks = $214.16
Cash = $20
Total deposit = total checks - cash
Total deposit = $214.16 - $20
Total deposit = $194.16
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betty earned interest of $430 on a savings account and $90 on a checking account. the $90 was withdrawn, but the $430 was left in the savings. how much interest income must betty report on her return?
Both interest generated in checking and savings accounts will be taxed. Even if the interest on savings is not withdrawn, it will still be included in the returns because it is a component of Betty's income.
How is interest on savings accounts taxed?Section 80TTA exempts interest earned up to Rs 10,000 from taxation. According to Section 80TTB, older citizens are eligible for a tax exemption up to Rs 50,000. On interest on non-resident regular accounts, tax is deducted at source (TDS) at a rate of 30% for NRIs. Interest earned on Non-resident External (NRE) accounts is not taxed.
Interest earned on savings accounts is not subject to TDS. Interest earned on Non-resident Ordinary (NRO) accounts is subject to tax deducted at source (TDS) at a rate of 30% for NRIs. Interest on Non-resident External (NRE) accounts is not subject to tax.
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what is the common term for a process of developing a long-term relationship with a supplier based on mutual trust, shared vision, shared information, and shared risks?
The term "partnering" refers to the process of establishing a long-term partnership with a provider based on shared values, goals, information, and risks.
What is partnering, exactly?The legal structure for that company is an agreement between two or more people known as a partnership. By providing skills, money, and/or other resources, each person shares in the business's profits and losses under this structure.
A partnership is defined as two or more businesses working together for a certain objective or to achieve common business objectives.
Why are corporate alliances so important?Our connections with business partners serve as essential resources and links as we carry out our activities, plan for the future, and broaden our knowledge of goods, modifications, and trends. Building relationships with potential business partners might be beneficial when a product or service changes or when we need more.
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which of the following are differences between manufacturing and service aggregate planning? multiple select question. it can be more difficult to measure or define capacity availability in services. employees in services are often able to handle a wider variety of tasks, making labor a little more flexible. demand for both manufacturing and services is equally variable. services cannot be inventoried.
What is the major planning difference between manufacturing and services?
Planning for manufacturing and services differs in the following ways:
The measurement and definition of capacity availability in services might be more challenging. The number of units that can be produced per hour or shift in manufacturing can be used to gauge capacity availability. As it may vary depending on the number of service points, the number of service points' availability, personnel availability, and other factors, capacity availability in services can be more challenging to describe.Services workers frequently have a larger range of skills, which gives labour a bit more flexibility. Employees in the manufacturing industry frequently specialise in particular activities or procedures. It may be simpler to adapt to changes in demand or capacity availability in the service sector since personnel may be capable of doing a larger range of jobs.Demand is not as erratic for goods as it is for services. Service demand can be more erratic and can change depending on the requirements and preferences of clients, whereas manufacturing demand might be more predictable based on prior sales, seasonal trends, and lead times.Services can't be included in an inventory. Contrary to manufactured products, which may be kept and sold at a later date, services must be utilised at the moment they are generated. As a result, service providers must be able to instantly match capacity with demand.Overall, there are major differences between aggregate planning for manufacturing and services. While services are more changeable, manufacturing is more predictable. While services cannot be inventoried, manufacturing can, and it might be harder to quantify capacity availability in services.
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what are the unique skills and capabilities that enable an organization to create and implement its strategies? a. market strengths b. environmental strengths c. market opportunities d. organizational opportunities e. organizational strengths
The skills and capabilities that enable an organization to conceive of and implement its strategies are organizational strengths.
What is an organizational strengths?
The ability of an organization to meet consumer expectations, effectively manage resources, improve and encourage staff performance, and stay ahead of the competition is referred to as organizational strength and capability. Although these are intangible assets, they are extremely important and difficult to replicate.
Strengths include things like a strong brand, a devoted client base, a strong balance sheet, innovative technology, etc. that indicate what a firm excels at and what sets it apart from the competition.
A wealth of managerial talent, excess funds, a distinctive reputation and/or brand name, and well-established distribution channels are a few examples of strengths.
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holt co. discovered that in the prior year, it failed to report $40,000 of depreciation related to a newly constructed building. the depreciation was computed correctly for tax purposes. the tax rate for the current year was 20%. how should holt report the correction of error in the current year?
As an increase in accumulated depreciation of 40,000. If an error in a previous period affects a balance sheet account, the adjustment can still be made to that account directly because it was not closed to retained profits.
What exactly do you mean by depreciation?Depreciation is a method of accounting that allocates the cost of a tangible or physical object over its useful life. Depreciation is a measure of how much of an asset's useful life has passed. It enables organizations to generate revenue from their assets by paying for them over time.
Because businesses are not required to fully account for assets in the year they are purchased, the initial cost of ownership is considerably reduced. Long-term investments can be depreciated for tax and accounting reasons as well.
Depreciation differs from amortization in that it accounts for the change in the value of intangible assets over time.
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49. Global Enterprises Inc. competes in many product, service, and geographic markets. Global's board consists of a large number of directors. The firm faces myriad complex business issues. To avoid its governance from becoming unwieldy, the company can delegate some of its functions to a. its incorporators. b. an executive committee. c. its shareholders. d. a quorum.
Option (b), The corporation can assign part of its responsibilities to an executive committee in order to keep its governance from becoming cumbersome.
What functions does the executive committee of the corporation have?The executive committee, which is comprised of elected board members, establishes a steering committee for the full board. Its main goal is to facilitate decision-making between board meetings, in emergency situations, or in the event of a calamity. It functions as the steering committee for the board and is vested with the power to make decisions on the board's behalf.
What are the responsibilities of those in charge of corporate governance?The system used to manage and direct businesses is called corporate governance. Boards of directors are accountable for overseeing a company's governance. In corporate governance, it is the shareholders' duty to choose the directors and auditors as well as to make sure that an appropriate governance framework is in place.
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which customer response to downward price adjustments helps marketing organizations address their own cash flow problems?
Marketing established list prices that were practically useless since so many other departments changed them to suit their needs.
The most adaptable component of the marketing mix is price, why.
The only component of the marketing mix that generates income is price; all other components are expenses. One of the factors of the marketing mix with the most flexibility is price. Prices are subject to swift change, unlike product features and channel commitments. The value we fork over in exchange for a company's goods and services is referred to as price in the marketing mix. Because it determines a company's ability to survive and make a profit, price is seen as a crucial component of the marketing mix.
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A certain construction company is obligated to pay
25.12% on earned wages into Worker's
Compensation insurance.
What is the Worker's Compensation payment on
$25,000 of wages?
Worker's Comp. payment = $ [?]
If a certain construction company is obligated to pay 25.12% on earned wages into Worker's Compensation insurance. The Worker's Compensation payment on $25,000 of wages is: $6,280.
What is worker compensation payment?Workers' compensation can be defined as a form of insurance that help to provide benefit to people that are injured or had accident in their workplace and this benefit is a form of compensation.
Now let find the worker compensation payment using this formula
Workers' compensation payment = Percentage on earned wages × Wages
Let plug in the formula
Workers' compensation payment = 25.12% × $25,000
Workers' compensation payment = $6,280
Therefore we can conclude that Workers' compensation payment is the amount of $6,280.
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Answer:
If a certain construction company is obligated to pay 25.12% on earned wages into Worker's Compensation insurance. The Worker's Compensation payment on $25,000 of wages is: $6,280.
Explanation:
a marketer for northern trail outfitters needs to share multiple assets in content builder for a campaign with another business unit in their account. how should the marketer share these assets?
Northern Trail Outfitters wants to arrange its assets such that photographs in Content Builder may be quickly found by tags.
arrange - what does that mean?
The process of organising involves defining and classifying the firm's activities as well as creating authoritative relationships between them.
In order to ensure objective achievement, the management function of organising comprises developing an organisational structure and allocating human resources. The organisational structure provides the basis for coordinating effort.
Making preparations in advance can help you do your work accurately and avoid mistakes that could result in losses. Your efficiency and production will rise if you plan ahead and organise your job. By staying organised and making effective strategies, you can achieve important goals and objectives.
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under state law, acme may pay 3% of eligible gross wages or it may reimburse the state directly for actual unemployment claims. acme believes that actual unemployment claims will be 2% of eligible gross wages and has chosen to reimburse the state. eligible gross wages are defined as the first $10,000 of gross wages paid to each employee. acme had five employees, each of whom earned $20,000 during the year. in its december 31, balance sheet, what amount should acme report as accrued liability for unemployment claims?
$1,200 amount should boca report as accrued liability for unemployment claims in its year-end balance sheet.
A balance sheet is composed of what?The assets, liabilities, and owner's equity of a company are listed on a balance sheet as of any particular date. The end of predetermined periods is often when a balance sheet is created (e.g., every quarter; annually). Two columns are present on a balance sheet. Assets for the company are listed in the column on the left. A balance sheet is an overview of an entity's financial standing in financial accounting, whether it be a sole proprietorship, a business partnership, a corporation, a private limited company, or another type of entity like a government or not-for-profit institution.
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if there was only one automobile manufacturer in the united states and it was impossible for another company to enter the industry, the government or the company trying to enter the market might try to enforce a competition or
The laws and guidelines that control how states interact with one another, with other states and individuals, and with other international organizations collectively make up international law.
What is international law?The laws and guidelines that control how states interact with one another, with other states and individuals, and with other international organizations collectively make up international law.Only rights issues involving multiple states or between one nation and its inhabitants or subjects are the focus of public international law. International disputes between private parties are handled by private international law.These issues have a strong connection to many different countries, which is why they are causing such controversy. The distinction between international public law and private law has grown more hazy in recent years. Many questions of private international law have significant international relevance, and private international law issues frequently involve public international law issues.
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Calculate GDP by what is produced Question Using the information below, determine what percentage of total GDP for this country consists of durable goods. Round your answer to the nearest tenth. Components of GDP on the Supply Side (in trillions of dollars) Durable goods 3.2 Nondurable goods 2.8 Services 11.0 Structures 1.7 Change in inventories 0.2 Total
GDP is the total of government expenditure, investment, and consumption. so the GDP is 18.9
What Is the GDP Formula?GDP is calculated as follows: GDP = C + I + G + (X-M). Consumer expenditure is represented by C, corporate investment by I, government spending by G, and net exports by (X-M).
GDP is calculated as private consumption plus gross domestic product plus government investment plus (exports – imports). The country's official statistical office often uses the international standard to compute GDP.
Components of GDP on the Supply Side (in trillions of dollars) Durable goods 3.2 Nondurable goods 2.8 Services 11.0 Structures 1.7 Change in inventories 0.2
GDP is the total of government expenditure, investment, and consumption.
GDP=C+I+G+(X−M)
3.2+ 2.8+ 11.0+1.7+0.2 = 18.9
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monetarists and classical economists: a. assume the economy operates at full employment and stimulative monetary policy will only cause the price level to rise. b. assume that stimulative monetary policy will create high levels of gdp without inflation. c. assume that the economy operates at full employment and stimulative monetary policy will increase both aggregate supply and aggregate demand. d. assume that stimulative monetary policy will create high levels of gdp and slightly high prices.
Monetarists and traditional economics should presumptively believe that the economy is fully employed and that monetary stimulus will only raise prices.
Why is price such a key factor in business?Pricing is important since it determines what value your products have for you and your consumer. By examining the tangible pricing point, customers may decide whether an item is worth their time and money.
How are pricing decided upon in a company?To determine your first price, sum up all the expenses related to delivering your product on the market, then add your net profit on top of those costs. One of the basic methods for setting the price of your product is this tactic, which is known as cost-plus pricing.
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a market that reaches efficient equilibrium for price and quantity will result in a total surplus that is as large as possible. this large total surplus allows the consumers and producers to share the total surplus in a fair and equitable way. true
Greater consumer surplus cannot be produced at the optimum level of production without diminishing producer surplus.
What market opens first?Without a lunch break, Company listed (the Paris stock exchange) is open from 9:00 a.m. to 5:30 p.m. local time. There is no lunch break at the Swiss Exchange; it is open from 9:00 a.m. to 5:30 p.m. (Local time). Indian stock markets open at 9:15 am and conclude at 3:30 pm, as is common knowledge (IST).
Which capital market is open after hours?The Ebs and the Indian National Stock Exchange are the two main stock exchanges in India. The BSE's overnight trading hours for stock trading are from 3:00 pm to 8:59 a.m. The NSE's overnight trading hours are
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Total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price.
What causes total surplus?A surplus results from a disconnect between supply and demand for a product, or when some people are willing to pay more for a product than other consumers. Typically, a surplus causes a market disequilibrium in the supply and demand of a product.
Is total surplus good?The higher the total surplus, the more efficient the economy is. Total surplus and thus economic efficiency are maximized at the free market equilibrium quantity. The total surplus would be lower at any quantity other than equilibrium, and so economic efficiency would be worse.
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