Taming is NOT a stage in the team development process. In the middle of the 1960s, Bruce W. Tuckman created the framework that is most frequently used to describe the stages of development of a team.
His descriptions of Forming, Storming, Norming, and Performing offer a helpful framework for analysing your own team. a team that is simultaneously working cooperatively and interdependently to achieve a particular set of objectives. The idea behind team development is straightforward in theory: gather a group of talented and motivated people and give them a task to framework. People who might not normally interact with one another are encouraged to do so through team building. It promotes collaboration, which boosts productivity.
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When a pharmaceutical company discovers a new drug, patent law gives it market power by guaranteeing:
A) partial ownership of the right to sell the drug for an unlimited number of years
B) partial ownership of the right to sell the drug for a limited number of years
C) sole ownership of the right to sell the drug for a limited number of years
D) sole ownership of the right to sell the drug for an unlimited number of yearsC) sole ownership of the right to sell the drug for a limited number of years
C) exclusive ownership of the drug's right to sell it for a limited time.
What guarantees the monopoly when a pharmaceutical company discovers a new drug?
A company without market power is a monopoly. Patent law grants a pharmaceutical company a monopoly when they discover a new drug: the right to sell the drug in part for an unlimited number of years.
What is monopoly power's fundamental source?
Barriers to entry are the primary factor that lead to monopoly. There are three sources of entry barriers: Responsibility for secret weapon.
Is a patent monopoly-granting?
Invention is rewarded by patents, not commercialization. In a similar vein, a patent does not constitute an economic monopoly. First, because having a patent does not result in the "single supplier" situation that is typical of most monopolies in real life.
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adhering to utilitarian ethics in making a business decision is likely to result in an action that is considered morally correct if it produces the greatest good for
The largest number. When making a business decision, utilitarian ethics is likely to lead to a course of action that is morally right if it results in the greatest good for.
A corporate one sentence is what?This one-sentence business statement provides a succinct summary of what that company does, who it serves, why it does it, and how you differ from the competitors. Here are ten various applications for this in your daily existence: This can be included in your business plan. This can serve as your elevator pitch.
What kinds of personal statements are there?Cover mails, admission essays, and declarations of purpose are the three sorts of personal statements that are the most frequently used. In each of these three cases.
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Your company sells $230,000 of bonds for an issue price of $243,800. Which of the following statements is correct? a. The bond sold at a price of 53.00, implying a discount of $13.800. b. The bond sold at a price of 53.00, implying a premium of $13,800. c. The bond sold at a price of 106.00, implying a discount of $13,800. d. The bond sold at a price of 106.00, implying a premium of $13,800.
Your company sells $230,000 of bonds for an issue price of $243,800:
a. The bond sold at a price of 53.00, implying a discount of $13.800.
A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.
There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.
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an employer may terminate a term employee diring the stated term without being liable for damages if the employee was fired
An employer may terminate a term employee during the stated term without being liable for damages if the employee was fired For cause.
When can an employer terminate an employee?
Unless a new contract is provided or the terms of the original contract are changed, an employee is assumed to have been terminated at the end of such a contract. Employees in India who are let go by their employers frequently receive one month's notice or cash in lieu of notice, as is the case in the majority of other nations.
What are 3 types of termination of contracts?
A contract can be terminated by either of the parties or both by consent or agreement. There are multifarious ways in which a contract comes to an end such as on its completion, impossibility of performance (frustration), breach, termination by prior agreement, rescission, novation of contract or force majeure
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A company's gross margin reported on the income statement is not affected by the inventory cost flow method it uses. True/False
" A company's gross margin reported on the income statement is not affected by the inventory cost flow method it uses." This statement is True.
Inventory refers to all of the items, items, merchandise, and substances held by using a business for promotion within the market to earn a profit. instance: If a newspaper seller makes use of a car to deliver newspapers to the clients, best the newspaper might be considered stock. The car will be treated as an asset. inventory is the goods and substances a business acquires, produces, or manufactures, for the motive of producing, selling, or replacing. additionally known as buying and selling inventory.
stock is the raw substances used to supply goods in addition to the products which might be available on the market. Its miles are categorized as a cutting-edge asset on an employer's stability sheet. The three types of stock consist of raw substances, work-in-development, and completed goods.
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On July 1, Marin Inc. purchases 440 shares of its $5 par value common stock for the treasury at a cash price of $12 per share. Journalize the treasury stock transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
The journal entry to record the treasury stock transaction includes:
Debit to treasury stock for $5,280Credit to Cash for $5,280What is a treasury stock?A treasury stock refers to an outstanding stock that has been bought back from stockholders by the issuing company. The result of a treasury stock is that that the total number of outstanding shares on the open market decreases. Its remains issued but is not included in the distribution of dividends or the calculation of earnings per share (EPS).
The computation of the treasury stock is shown below:
= Number of shares purchased * Cash price per share
= 440 shares * $12
= $5,280
The journal entry recording the treasury stock transaction is shown below:
Date Account titles Debit Credit
On July 1 Treasury stock A/c Dr $5,280
To Cash A/c $5,280
(Being purchase of treasury stock for cash is recorded)
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q3: (figure: rent controls in the market for apartments in new york city) use figure: rent controls in the market for apartments in new york city. suppose that rent controls are imposed. if the government wants a rent control ceiling to be effective immediately, what is one possible price it could set?
Let's say that there are rent restrictions. Is one potential price it may set if it wants a rent control ceiling to take effect right away. Rent 1
What is a quillet for rent control?The government imposes a price cap known as rent control on the renting of residential real estate. a price cap. A price ceiling is a restriction placed by the government on how low a price can be set and maintained for a good.
What effects of rent control are there? quizletRent regulations compel landlords to set apartment rents below the point of equilibrium. Since there is a greater demand for flats than there are apartments available at the set price, there is an immediate scarcity (excess demand) of apartments.
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Assume that only two goods, A and B, are produced in an economy. In the base year, 5 units of A are produced for a price of $4, and 5 units of B are produced for a price of $6. And in a given year, 5 units of A are produced for a price of $5, and 5 units of B are produced for a price of $9. What is the CPI for the given year?
a. 71.42
b. 140
c. 50.5
d. 198
e. 125
CPI is the current year cost of the goods divided by the base year cost of the goods multiplied by a hundred. Current year cost of goods = current year price multiplied by current year quantity.Base year cost of goods = Base year price multiplied by base year quantity. Base year cost of goods, CPI for the given year = 70/50×100=140 .140 is the CPI for the given year.
A consumer price index (CPI) could be a price index, the worth of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time. A CPI is an applied mathematics estimate made exploitation the costs of a sample of representative things whose prices are collected periodically.
Sub-indices and sub-sub-indices are often computed for various classes and sub-categories of products and services, being combined to supply the general index with weights reflective of their shares within the total of the patron expenditures coated by the index. it's one of many price indices calculated by most national statistical agencies.
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a diner complains to his server, alyson, that his meal is not to his liking. without consulting with her manager, alyson immediately tells the customer that he will not need to pay for the meal, and offers to bring him a different entree at no charge. alyson is an empowered employee.
Without consulting with her manager, Alyson immediately tells the customer that he will not need to pay for the meal, and offers to bring him a different entree at no charge. Alyson is an empowered employee is true.
Globalization permits companies to discover decreased-value ways to provide their merchandise. It additionally will increase international opposition, which drives Fees down and creates a larger sort of selection for customers. Decreased fees assist human beings in both developing and already-developed countries living higher on much less money.
Here's an instance of a tremendous monetary statement: "authorities-supplied healthcare will increase public expenditures." This announcement is reality-based totally and has no value judgment attached to it.
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Suppose that a typical basket of goods is now less expensive than it used to be. All else equal, we would expect:
O the demand curve for money to shift outward. O the demand curve for money to shift inward. O a downward movement along a fixed money demand curve, O an upward movement along a fixed money demand curve,
Suppose that a typical basket of goods is now less expensive than it used to be. All else equal, we would expect the demand curve for money to shift inward. Thus, option B is correct.
What is Goods?Goods are things that fulfill human needs and offer usefulness, such as a buyer purchasing a fulfilling product. It is usual practice to distinguish between transferable products and non-transferable services.
Let's say that the cost of a typical bunch of items has decreased over time. If everything remained the same, we would anticipate a change in the equilibrium price for money.
Therefore, option B is the correct option.
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which of th following are agencis under the department of labor that oversee fairness and saftey in american workplaces? A. Bureau of Labor Statistics
B. Consumer Price Index
C. Employment Standards Administration
D. Federal Reserve System
E. Occupational Safety and Health Administration
F. Securities and Exchange Commission
Agencies that are given in options A, C, and E work under the department of labor overseeing fairness and safety in American workplaces.
The mission of the department of labor in America is to promote, foster, and develop the welfare of job seekers, wage earners, and retirees; advance opportunities for profitable employment; improve working conditions, and assure work-related benefits and rights. There are many agencies that fall under the department of labor in America, including the Bureau of Labor Statistics (BLS), Employment Standards Administration (ETA), and Occupational Safety and Health Administration (OSHA).
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Which of the following activity bases would be the most appropriate for gasoline costs of a delivery service?
a) Number of packages picked up.
b) How many trucks are in service.
c) Total of miles driven.
d) Number of truck drivers.
Total miles driven activity bases would be the most appropriate for gasoline costs of a delivery service.
What is a base of activities?
A measurable activity is referred to as an "activity base" when allocating overhead expenses. For instance, using the number of machine hours used during a reporting period as the basis for allocating machine costs to the number of units produced is a fair activity. A variable cost's origin is measured by something called an activity base. Direct labour hours, machine hours, units produced, and the most typical activity, units sold, are occasionally referred to as cost drivers.
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which of the following are true of the job outlook according to the 2020-2021 occupational outlook handbook?
according to the 2020-2021 occupational outlook handbook the following statements are true.
- Certain jobs in the medical field were expected to grow the most rapidly.- The highest-paying occupations require a college degreeA statement about the job outlook projects the employment rate for a given occupation over the next ten years and contrasts it with the expected employment rate for all other occupations.
The Occupational Outlook Handbook (OOH) offers details on the tasks performed by workers, the working environment, education, training, and other qualifications, pay, and the employment outlook, as well as information on state and local statistics, comparable occupations, and sources of additional information for more than 300 occupational profiles.
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What's the Difference Between Fixed and Variable Expenses?
Part of growing a budget is distinguishing between fixed and variable fees: constant prices: those are expenses that largely stay constant, which includes your monthly lease or loan.
Variable expenses are prices that alternate because the volume changes. Examples of variable costs are raw substances, piece-charge hard work, production substances, commissions, shipping charges, packaging elements, and credit score card prices.
constant-price financing approach the hobby fee for your mortgage does not alternate over the life of your loan. Variable-charge financing is wherein the interest fee in your mortgage can alternate, based on the top rate or some other price called an index.
Software bills may be considered each constant and variable fees. If a manufacturing business closely depending on energy begins to use more strength due to the fact its sales have accelerated developing a demand for greater product, then electricity is a variable cost.
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oligopolists are tempted to produce more thn the quantity that would maximize industry profits because when they increase output
That would maximize industry profits because when they increase output the price effect is spread across multiple firms.
Who are oligopolists?
There are just a few businesses in an oligopoly market structure, and none of them can stop the others from having a significant influence. The concentration ratio is used to determine the market share of the largest corporations.
A monopoly market has only one producer, a duopoly market has two companies, and an oligopoly market has three or more companies. Unknown is the maximum number of firms that may exist in an oligopoly, but it must be few enough for each firm's operations to significantly affect those of the others.
Oligopolies have occurred in the past in a variety of industries, including steel, oil, railroads, tires, grocery store chains, and telecommunications.
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the performance of operational day-to-day tasks involving data use can be severely diminished if such tasks have to compete for computing resources with analytical queries. group of answer choices
The following statement "the performance of operational day-to-day tasks involving data use can be severely diminished if such tasks have to compete for computing resources with analytical queries" is true.
The term "business computing" describes the IT systems that underpin an organization's planning, customer management, and storage systems, to mention a few.
In companies, people utilize computers to automate the distribution, marketing, and production processes. A computer helps businesses operate more quickly and generate cutting-edge, high-quality products. Additionally, it makes it easier and more simple for firms to interact and conduct business with their clients.
Computing may include the design and development of software and hardware systems for a variety of uses, frequently structuring, processing, and managing any kind of information to support the conduct of scientific research, the creation of intelligent systems, and the production and use of various forms of entertainment media.
The above question is incorrect, the correct question is:
The performance of operational day-to-day tasks involving data use can be severely diminished if such tasks have to compete for computing resources with analytical queries.
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in order to be cost effective, a person with a substance use disorder must remain in outpatient treatment for at least three months.T/F
The following statement, "In order to be cost effective, a person with a substance use disorder must remain in outpatient treatment for at least three months." is False.
There is no doubt that going green is not only good for the environment, but can also be cost effective for businesses and households. Not only will these measures save you money in the long run, but they will also help to reduce your carbon footprint.
There are many ways to be cost effective, but one of the most important is to make sure that you are using the most efficient methods possible. This means using the best technology available and making sure that you are not wasting any resources.
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making arrangements to repair a defective item sold to a customer answer for prompt 1 making arrangements to repair a defective item sold to a customer prompt 2entering a customer order into the manufacturers order fulfillment database answer for prompt 2 entering a customer order into the manufacturers order fulfillment database prompt 3establishing a website self-service portal so customers can enter/maintain their profile information
Post transaction items. This phase represents the variety of services needed to support the product in the field protect consumers from defective products provide for the return of packages and process claims, complaints and returns.
Post transaction components include line downs or failures, defective finished goods, rejected product, system or field failure, repair or replacement costs, loss of customer goodwill, additional communication, and possibly training. Quality customer services throughout the supply chain can lead to on-time delivery, transportation savings, satisfied customers, and peace of mind. On the other hand, poor customer service and communication in logistics can result in higher costs and damage to customer relationships. Post-Transaction Period means, with respect to any Specific Transaction, the period beginning on the date such specific transaction is consummated and ending on the last day of the fourth consecutive full fiscal quarter immediately following the date such Transaction is consumed temperature.
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super snakcking services is a typical monopolistically compettive firm. initially the market is on long run equilibrium and then there is an increase in the market demand for snacks
In the longer run, the economic profits of typical firms in the industry will be equal to Zero.
To be in a long-run equilibrium means that the overall supply of the market is equal to the overall demand that is whatever the consumers are demanding the suppliers are providing them and fulfilling the needs of the consumers. Super snacking services is a competitive firm that has a monopoly in the snack market which means that within a particular area only the snacks of this company are available.
Now since the market remains in equilibrium, the products of super snacking services will be purchased by the consumers but because of its monopolistic nature consumers will demand new types of brands with variety which will be the cause of lesser profit making.
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Complete Question:
Super snacking services is a typical monopolistically competitive firm. Initially, the market is in long-run equilibrium, and then there is an increase in the market demand for snacks. In the long run, the economic profits of typical firms in the industry will be
cloud computing offers new ways to store, access, process, and analyze information and connect people and resources from any location in the world where an internet connection is available. t/f
Cloud computing provides new methods for connecting people and resources from any part of the globe where there is an internet connection and for preserving, collecting, interpreting, and evaluating evidence. IT IS TRUE WHAT IS SAID
Corporations can use Big Data as a Service, an internet big data service, to analyze large amounts of information and find solutions to their business challenges.
Using a pay-per-use sales model, Platform as a Service facilitates the installation of technical specifications, including infrastructure, communication, and programs.
Pick the top three sustainable data center practices.
More information may be stored in less space.
decreasing energy use
Look for areas with economical, pristine, and cheaply accessible resources.
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Which of the following funds use the accrual basis of accounting?I. Enterprise fundII. Agency fundIII. Internal service fundMultiple ChoiceI onlyII onlyI and III onlyI, II, and III
The answer is D. Following funds use the accrual basis of accounting -
1. Enterprise
2. Agency Fund
3. Internal Service Fund
The accrual basis of accounting is the idea of recording incomes when acquired and expenses as caused. The utilization of this approach likewise influences the accounting report, where receivables or payables might be kept even without a trace of a related money receipt or money installment, individually.
The accrual basis of accounting is pushed under both generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS). Both of these accounting frameworks give direction with respect to how to represent income and cost exchanges without a trace of the money receipts or installments that would set off the recordation of an exchange under the cash basis of accounting.
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consider an economy with two labor markets: one for manufacturing workers and one for service workers. suppose initially that neither is unionized. which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? check all that apply.
□ The wage of manufacturing workers will rise. □ The quantity of manufacturing workers demanded will fall. □ The quantity of manufacturing workers supplied will rise. □ There will be an increase in employment of manufacturing workers
The quantity of manufacturing workers demanded will fall happen to the manufacturing labor market if manufacturing workers formed a union.
Manufacturing occupations are defined as those producing new products directly from raw materials or parts. These jobs are usually done in factories, plants, or factories, but they can also be done at home, so long as products are created rather than services.
It involves manufacturing new products by assembling various components by chemical or mechanical means. Manufacturing items such as phones, cars, computers, and food and beverages can be done on a large scale.
Manufacturing includes businesses that mechanically, physically, or chemically transform materials, substances, or components into new products.
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FILL IN THE BLANK. ___ is the first filter in the new-product development process. it serves to eliminate new-product ideas that are inconsistent with the organization's new-product strategy or are obviously inappropriate for some other reason.
Idea Screening is the first filter in the new-product development process. It serves to eliminate new-product ideas.
Steps in development of new product-When creating a new product, there are seven crucial phases. These are listed below:
generating Idea
Screening idea
concept creation and evaluation
Marketing plan and financial analysis
Product testing and development
Launch of a product
Screening idea-
Numerous various elements will determine which ideas you should pursue and which ones you should abandon. Along with technical viability, the most important product changes, and the anticipated advantages for your customers, you must think about the marketing potential of your new product.
It is ideal to carry out this step of the product development process within your company. Experts from different teams can help with aspects like evaluating your idea's marketability, the resources needed, and the technological needs.
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based on predicted production of 48,000 units, a company budgets $600,000 of fixed costs and $492,000 of variable costs. if the company actually produces 40,000 units, the flexible budget amount of fixed costs is $600,000.
Fixed cost that will remain same as $600000 because it does not change even after the increase or decrease of the goods.
Fixed cost is the cost of a business expense that doesn't change even when there's an increase or decrease in the number of goods and services produced or sold. Fixed costs are commonly related to recurring expenses that aren't directly related to production such as rent, interest payments, and insurance. Fixed costs remain the same irrespective of the level of output. Thus the fixed cost in the flexible budget would remain the same as in the static budget. Thus the fixed costs would be $600,000. it will not change.
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Personal selling serves three major roles in a firmâs overall marketing effort: (1) it creates a critical link between the firm and its customers; (2) salespeople are the company in a customerâs eyes; and (3) it may play a dominant role in a firmâs marketing program. This final point is illustrated by Hope Springs. The company knows that business-to-customer (B2C) sales are not enough to maintain profitability; it must rely on business-to-business (B2B) sales to maintain a profitable bottom line. Xiu Li, a marketing executive with Hope Springs, uses available advertising and promotion tools to reach the company's target customer markets. However, she also realizes the importance of her direct sales force in reaching business customers such as Martha at the Coffee Collective. Through effective sales force management, Xiu Li and her team must effectively communicate to business customers like the Coffee Collective to help demonstrate how its bottled water will sell well to her customers and increase overall sales.
First, salespeople play a crucial role in connecting the company with its clients; in this capacity, they must balance the demands of the company and those of the client in order to satisfy both parties during the exchange process.
Briefing:-secondly, salespeople are the company in the eyes of the client; they stand in for what a company is or aspires to be, and are frequently the only direct contact a customer has with the company; personal selling may be a major component of a company's marketing strategy.
What are the three Ps in selling?The three Ps—Preparation, Process, and Personalization—can be used to summarize the formula for winning sales pitches and RFx answers.
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contagion effect occurs when a failure of one di leads to concerns among depositors about the solvency risk of the other dis. True or False
Answer:
True, contagion effect occurs when a failure of one leads to concerns among depositors about the solvency risk of the other dis.
Explanation:
ContagionThe spread of an economic crisis from one market or region to another—which might take place on a national or international scale—is referred to as a contagion. Since many of the same goods and services, particularly labor and capital goods, can be employed in a variety of markets and since almost every market is connected through monetary and financial systems, contagion can happen.
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A client is heavily invested in an exchange-listed security and decides to liquidate the investment to purchase shares of an S&P 500 Index fund. In doing so, the investor has protected against
The investor has thus gained protection from:
1. Market volatility: By diversifying their portfolio with an S&P 500 Index fund, the investor has spread out their investments over a broad range of stocks and reduced their exposure to any single stock.
2. Concentration risk: By diversifying their portfolio with an S&P 500 Index fund, the investor has spread out their investments and reduced the risk of any single stock having too large of an impact on their overall returns.
3. The risk of a single security: By diversifying their portfolio with an S&P 500 Index fund, the investor has spread out their investments and reduced their exposure to any single security. This reduces the chance of the performance of a single security having a drastic impact on their overall returns.
What is investor?
A person who wants to invest money in the expectation of profit or future advantage is known as an investor (interest). Most frequently, the investor uses the allocated funds to purchase a specific type of property. Investment types include equity, debt, securities, real estate, infrastructure, cash, commodities, trinkets, derivatives like put and call options, futures, as well as forwards. This definition does not distinguish between main market investors but also secondary market investors. In other words, stock purchases and financial investments are both made by individuals. A shareholder is an investor who holds shares of stock.
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When the interest rate ___________the opportunity cost of money ___________.
rises; rises (or rises, rises) → The interest rate is the opportunity cost of holding money, so if the interest rate rises, the opportunity cost of holding money increases.
When the interest rate rises the opportunity cost of money increases.
Whilst economists confer with the “opportunity cost” of a resource, they mean the cost of the following-highest-valued opportunity use of that resource. If, for instance, you spend money and time going to a movie, you can't spend that point at domestic studying a e book, and you can't spend the cash on something else.
Possibility value is an economics term that refers back to the price of what you have to give up that allows you to choose some thing else. In a nutshell, it's a price of the street now not taken.
The possibility cost is time spent analyzing and that money to spend on something else. A farmer chooses to plant wheat; the possibility value is planting a specific crop, or an alternate use of the resources.
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Which is more valuable a tax credit or deduction?
A tax credit will reduce your tax bill more than a tax deduction for the same amount, if all other factors are equal.
Which is more valuable, tax credits or deductions?A tax deduction lowers the amount of your taxable income, which is used to compute your tax responsibility, whereas a tax credit lowers your tax liability dollar for dollar. Because they lower your tax burden by one dollar for every dollar of the credit, tax credits are typically more valuable.
What distinguishes a tax credit from a tax deduction?Dollar per dollar, tax credits lower taxable income. Tax credits are typically more beneficial than tax deductions because they directly and dollar-for-dollar lower a taxpayer's gross tax liability.
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At December 31, a company's accounting records showed a balance in the Supplies account of $800. A physical count showed $300 of supplies on hand. The adjusting entry will include a (debit/credit)_______ to the Supplies Expense account in the amount of $___________.
Blank 1: debit
Blank 2: 500
At December 31, a company's accounting records showed a balance in the Supplies account of $800. A physical count showed $300 of supplies on hand. The adjusting entry will include a (debit/credit) debit to the Supplies Expense account in the amount of $500 .
An expense account is the proper day-to-day reimbursement of cash spent by using employees for work-associated purposes.
Expense accounts are statistics of the amount a company spends on prices for the duration of a given accounting length. those money owed exist for a hard and fast time frame - a month, area, or 12 months - and then new debts are created for every new length. for that reason, they're taken into consideration brief debts.
Prices are income declaration bills which might be debited everyday an account, and the corresponding credit score is booked day-to-day a contra asset or legal responsibility account.
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