Answer:
Yes,you can,yo dont need an a aplicattión
Explanation:
YOU CAN!
The advantages of being an entrepreneur are _____. a. excitement, independence, and financial risk b. flexibility, independence, and salary potential c. short working hours, independence, and financial risk d. administration, short working hours, and excitement Please select the best answer from the choices provided A B C D
Answer:
the answer would be B
Explanation:
I took the test don't worry!
The correct option is B. The advantages of being an entrepreneur are flexibility, independence, and salary potential. Time flexibility is the ability to create your timetable and organize your days with some liberty and freedom. You'll work more and less some days than others, and having a business plan that supports this will make you a happy business owner.
What role does play entrepreneurship in economic development?
Economic Growth is Accelerated by Entrepreneurship They encourage new employment by developing new goods and services, which eventually accelerates economic growth. Therefore, public policy that promotes entrepreneurship should be seen as crucial for economic progress.
Successful businesspeople are aware of how quickly their industry and the world around them change. They must adjust their strategy and offers to take into account shifting market conditions while maintaining their emphasis on the long term. The primary traits of an independent entrepreneur are the desire to make a profit, the financial risks, the scope and generality of the commercial activity, notoriety, independence, and the possibility of losing the capital invested.
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The firm's findings are best described as the
Answer:
Internet divide
A consumer products company reported a 5.4 percent increase in sales from Year 1 to Year 2. Sales in Year 1 were $30,400. In Year 2, the company reported cost of goods sold in the amount of $10,407. What was the gross profit percentage in Year 2? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34).)
Answer:
The gross profit percentage in Year 2 is:
67.52%
Explanation:
a) Data and Calculations:
Year 1 Year 2
Sales $30,400 $32,042
Cost of goods sold 10,407
Gross profit $21,635
b) Sales increased by 5.4% from year 1 to year 2 = $32,042 ($30,400 * 1.054)
c) Gross profit percentage for Year 2 = Gross profit/Sales * 100
= $21,635/$32,042 * 100
= 0.6752
= 67.52%
d) The gross profit percentage is also known as the gross margin percentage. It is expressed as the gross profit divided by sales, and then multiplied by 100. This ratio shows the percentage of sales value that is not consumed as part of the cost of goods sold. The gross profit is the first profit point. It is from this profit that period costs are deducted before arriving at the net income.
bob katz and sally mander are a married couple with four children. total wages for 2018 equaled $102,400. stock which had been purchased nine months earlier was sold for a $5,200 gain and stock held for three years was sold for a $13,000 gain. interest income from savings was $100. itemized deductions totaled $29,500. bob and sally qualify for a $1,500 tax credit. what is bob's and sally's taxable income
Answer:
Bob Katz and Sally Mander
Taxable Income for 2018:
= $78,200
Explanation:
a) Data and Calculations:
Total wages = $102,400
Gain from sale of stock = 5,200
Interest income = 100
Total income = $107,700
less total deductions = (29,500)
Taxable Income = $78,200
b) Bob Katz and Sally Mander will have taxable income of $78,200 when the appropriate rate of tax is applied and the tax liability obtained, then the $1,500 tax credit will be deducted before arriving at the tax liability due.
c) The short-term capital gain of $5,200 is taxed as ordinary income. Since it is held for less than a year, it will be included in the taxable income for that year and it follows the same tax brackets as ordinary income. On the other hand, the long-term capital gain of $13,000 will attract a tax rate of 0 percent for a taxable income of $78,200. Otherwise, it will attract a tax rate of 15 percent or 20 percent, depending on income level. This means that long-term capital gains tax rates are much lower than the ordinary income tax rate.
Which of the following would represent the fastest annual growth?
a) An increase in real GDP per capita of 3%
b) An increase in real GDP of 6% and population growth of 4%
c) An increase in real GDP of 2% and population decline of 1%
d) An increase in real GDP of 5% and population growth of 1%
The option that represents the fastest annual growth is an increase in real GDP of 5% and population growth of 1%
Gross domestic product is the total quantity of final products that a country produces in a given period.
The equation that can be used to determine the value of gross domestic product using the expenditure approach : consumption spending + investment spending + government spending + net export
There are two types of gross domestic product:
Real GDP: it is the value of GDP adjusted for inflation. Nominal GDP: it is the value of GDP calculated using current year prices. It has not been adjusted for inflation.Real GDP per capita is calculated by dividing real GDP growth by population growth
Real GDP per capita = increase in real GDP / population growth
The option with the fastest annual growth is the option with the highest real GDP per capita
a. real GDP per capita = 3%
b. real GDP per capita = 6% / 4% = 1.5%
c. real GDP per capita = 2% / 1% = 2%
d. real GDP per capita = 5% / 1% = 5%
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A company produces 13,900 units of which 200 are spoiled units because the process, even though carefully and efficiently executed is unable to produce good units 100% of the time. Another 70 units are spoiled because machines broke down and there also were operator errors. What is the normal spoilage rate (round to two decimal places)
Answer:
In normal conditions, 1.44% of the production will be spoiled.
Explanation:
Giving the following information:
A company produces 13,900 units of which 200 are spoiled.
The normal spoilage occurs as a part of the regular operations of an efficient process.
Abnormal spoilage is the result of unusual operating problems (the 70 units).
Normal spoilage= (200/13,900)*100= 1.44%
In normal conditions, 1.44% of the production will be spoiled.
What is true of demand for a good that has many available substitutes?
Answer:
Demand for the good is relatively elastic
Explanation:
Substitute goods are goods that can be used in place of one another.
For example, there are different brands of jeans. These different brands serve the same purpose and be used interchangeably.
Goods with many substitutes usually have a relatively elastic demand.
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
The more elastic a good is, the more demand is sensitive to price changes
If the price of a good increases and it has many substitutes, consumers can easily shift to consuming a cheaper substitute
A time standard was set as 0.20 hour per unit based on the 20th unit produced. Assume the task has a 60 percent learning curve. Refer to Exhibit 6.4. What would be the expected time of the 40th, 80th, and 160th units? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Answer:
40th unit = 0.11 hr
80th unit = 0.06 hr
160th unit = 0.03 hr
Explanation:
Given :
[tex]$T_{20} = 0.2$[/tex]
Learning rate = 60% = 0.6 (r)
Now using the learning curve equation,
[tex]$ T_n = T_1(n)^b$[/tex]
where b is [tex]$b= \frac{\ln r}{\ln 2} = \frac{\ln 0.6}{\ln 2} $[/tex] = -0.833
Now
[tex]$ T_{20} = T_1(20)^{-0.833}$[/tex]
[tex]$ 0.20 = T_1 (0.0824)$[/tex]
[tex]$T_1$[/tex] = 2.5
For 40th unit
[tex]$ T_{40} = 2.5(40)^{-0.833}$[/tex]
= 0.11 hrs
For 80th unit
[tex]$ T_{80} = 2.5(80)^{-0.833}$[/tex]
= 0.06 hrs
For 160th unit
[tex]$ T_{160} = 2.5(160)^{-0.833}$[/tex]
= 0.03 hr
The Thomlin Company forecasts that total overhead for the current year will be $11,571,000 with 196,000 total machine hours. Year to date, the actual overhead is $7,833,000 and the actual machine hours are 87,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is
Answer:
$59 per machine hour
Explanation:
Given that
Total overhead = $11,571,000
Total machine hours = 196,000
Actual overhead = $7,833,000
Actual machine hours = 87,000 hours
To get the overhead rate, please note that the formula for predetermined fixed overhead rate will be applied.
Therefore,
Predetermined fixed overhead rate = Estimated overhead / Estimated machine hours
Predetermined fixed overhead rate = $11,571,000 / 196,000 hour
= $59 per machine hour
McCann Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 850 2 1,190 3 1,450 4 1,600 a. If the discount rate is 7 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the present value at 16 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the present value at 30 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answer:
B
Explanation:
just answered it that one
Problem 9-01 Remmers Company manufactures desks. Most of the company’s desks are standard models and are sold on the basis of catalog prices. At December 31, 2020, the following finished desks (10 desks in each category) appear in the company’s inventory. Finished Desks A B C D 2020 catalog selling price $45 $48 $90 $105 FIFO cost per inventory list 12/31/20 47 45 83 96 Estimated cost to complete and sell 5 11 26 20 2021 catalog selling price 50 54 90 120 The 2020 catalog was in effect through November 2020, and the 2021 catalog is effective as of December 1; catalog prices are net of the usual discounts. At what amount should each of the four desks appear in the company’s December 31, 2020, inventory, assuming that the company has adopted a lower-of-FIFO-cost-or-net realizable value (LCNRV) approach for valuation of inventories on an individual-item basis? Item A $enter a dollar amount Item B $enter a dollar amount Item C $enter a dollar amount Item D $enter a dollar amount Click if you would like to Show Work for this question: Open Show Work
Answer:
Net Realizable Value
A $450
B $430
C $640
D $1,000
OR
Net Lower of Cost or NRVA
A $450
B $430
C $640
D $1,000
Explanation:
Calculation for the amount that each of the four desks should appear in the company’s December 31, 2020
Using this formula
Net Realizable Value = Catalog selling price in the year 2021 - Estimated costs to complete and sell.
Item Cost NET REALIZABLE VALUE
A =(47*10 desks) 470 450(50*10desks-5*10desks)
B =(45*10 desks)450 430(54*10desks-11*10desks)
C =(83*10 desks)830 640(90*10desks-26*10desks)
D =(96*10 desks)960 1,000(120*10desks-10*10desks)
OR
Item Cost NET LOWER OF COST or NRVA
A =(47*10 desks) 470 450(50*10desks-5*10desks)
B =(45*10 desks)450 430(54*10desks-11*10desks)
C =(83*10 desks)830 640(90*10desks-26*10desks)
D =(96*10 desks)960 1,000(120*10desks-10*10desks)
THEREFORE the amount that each of the four desks should appear in the company’s December 31, 2020 will be :
NET REALIZABLE VALUE
A $450
B $430
C $640
D $1,000
OR
NET LOWER OF COST or NRVA
A $450
B $430
C $640
D $1,000
Based on the Lower-of-FIFO-cost-or-net realizable value (LCNRV), the items will be stated in inventory at December 31, 2020 as follows:
Item A: $500
Item B: $540
Item C: $900
Item D: $1,160.
Data and Calculations:
A B C D
2020 catalog selling price $45 $48 $90 $105
FIFO cost per inventory list 12/31/20 47 45 83 96
Estimated cost to complete and sell 5 11 26 20
Total production costs 52 56 109 116 ($96 + $20)
2021 catalog selling price 50 54 90 120
Lower-of-FIFO-cost-or-net realizable
value (LCNRV) 50 54 90 116
Items in inventory 10 10 10 10
Total value of inventory $500 $540 $900 $1,160
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Which of the following best describes intelligent agents?A) Cookies used to track IP addresses of computer usersB) People who can help computer users with problems they encounter when trying to shop onlineC) Sophisticated software programs that use collaborative filtering technologies to learn from past user behavior to recommend new purchasesD) Search engines specifically designed for online marketing and other forms of e-commerce
Answer:
C) Sophisticated software programs that use collaborative filtering technologies to learn from past user behavior to recommend new purchases
Explanation:
Intelligent agents utilize the power of " sensor" to find answer to what a user want, through the environment so some actions can be performed.
It should be noted that intelligent agents use Sophisticated software programs that use collaborative filtering technologies to know about the behavior of user in time past for their activities.
Industry experts believe blockchain is a technology that has the potential to affect the business of most IT professionals in the next five years. Pick an industry you feel will be most affected by blockchain and how blockchain may be used in that industry. As an IT manager, how would you embrace blockchain
Answer and Explanation:
I believe the banking industry will be the most affected by the blockchain technology. This is mostly because banks lie at the center of money and exchange transactions all over the world which is the purpose and crux of blockchain technology- easing payment and exchange globally. The blockchain technology can be harnessed to eliminate the pressure on banks in moving physical cash as cryptocurrencies are not physical money but are decentralized value exchanges represented using secure ledger systems over super cryptographic computer systems. Furthermore cryptocurriencies such as bitcoin amongst many others make transactions across borders easy and inexpensive. One could send and receive payment from his cryptocurrency in seconds without the need for a bank. As a result of the fear of going out of business and the huge potential of cryptocurriencies, banks are increasingly investing into cryptocurrencies now
As an IT manager, I would begin by weighing the potentials and future impact of blockchain technology. I would aim to understand fully how the blockchain technology affects my business and industry and how it will shape the tech industry in the near future, also what steps do I need to take to get a full grasp and harness all opportunities it offers
Which of the following statements is true of a deliberate strategy? a. It is implemented as a result of careful analysis of markets, customers, competitors, and a firm's resources and capabilities. b. It develops when leaders recognize and act on unexpected opportunities that occur through serendipity. c. It involves decisions on how to effectively implement the business unit strategy within functional areas. d. It focuses on decisions about how to motivate employees to perform their work efficiently.
Answer:
a. It is implemented as a result of careful analysis of markets, customers, competitors, and a firm's resources and capabilities.
Explanation:
Deliberate strategy refers to a formal palnning in which the vision is there that should be to used for creating a strategy in order to show the benefits that act deliberately.
Here the concept i.e. plan and think before you say or act should be applied
It does not mean that it is totally blind for anticipated developments and events that could occur in the future
Therefore in the given case, the option A is correct
Using the the cash flow statement shown below: Changes in operating assets and liabilities: Accounts and notes receivable 15.2 (0.7) 61.8Inventories 93.6 46.8 212.8Other current assets (8.7) 5.3 2.5 Accounts payable, accrued expenses, income taxes payable and other 165.0 31.3 193.0How did inventory change during the most recent year? a. Inventory increased by 505 b. Inventory increased by 395 (505-900) c. Cannot be determined from the information provided d. Inventory decreased by 505
Answer: Inventory decreased by 93.6
Explanation:
When working with the Cash-flow statement, only increases (decreases) in inventory are subtracted (added) are added to the Cash balance and not the entire inventory amount.
The logic is that, if inventories increased then it means that the company spent cash on increasing inventory which would reduce the cash balance. The reverse is true.
If in the cash flow statement therefore, inventory is added to the cash balance instead of subtracted, it means that inventory decreased by the amount it is being added by.
The cashflow statement here shows an inventory addition of $93.6 so Inventory decreased by $93.6.
When Honda, a Japanese auto maker, built a factory in Ohio,
A) it was engaged in foreign direct investment.
B) it was engaged in portfolio investment.
C) it was engaged in a cross-border acquisition.
D) none of the above.
Answer:
A) it was engaged in foreign direct investment.
Explanation:
Foreign Direct Investment is a term used in business-related operations that describes a kind of investment made by an investor in a country other than the actual or original country of the investor. It can be either business operations or business assets in a different firm in another country.
Hence, in this case, when a Japanese automaker, built a factory in Ohio, it was engaged in foreign direct investment. Therefore, the correct answer is option A.
Your sister turned 35 today, and she is planning to save $7,000 per year for retirement, with the first deposit to be made one year from today. She will invest in a mutual fund that's expected to provide a return of 7.5% per year. She plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. Under these assumptions, how much can she spend each year after she retires? Her first withdrawal will be made at the end of her first retirement year.
Answer:
$70,998.73
Explanation:
we must first determine the future value of her contributions using the future value of an annuity formula:
future value = contribution x annuity factor
contribution = $7,000
FV annuity factor, 7.5%, 30 periods = 103.3994
future value = $7,000 x 103.3994 = $723,795.80
in order to determine the distribution amount per year, we can use the present value of an annuity formula:
present value = distribution x annuity factor
present value = $723,795.80PV annuity factor, 7.5%, 20 periods = 10.19449$723,795.80 = distribution x 10.19449
distribution = $723,795.80 / 10.19449 = $70,998.73
Francis Real Estate Company has the following account balances at December 31, the end of its fiscal year. Debit Credit Commissions Earned....... $84,900 Wages Expense....... $36,000 Insurance Expense....... 1,900 Utilities Expense....... 8,200 Depreciation Expense....... 9,800 Retained Earnings....... 72,100 Assume that the company has not yet closed any accounts to retained earnings. Prepare journal entries to close the temporary accounts above. After these entries are posted, what is the balance of the Retained Earnings account
Answer:
Dr Commissions earned 84,900
Cr Income summary 84,900
Dr Income summary 55,900
Cr Wages Expense 36,000
Cr Insurance Expense 1,900
Cr Utilities Expense 8,200
Cr Depreciation Expense 9,800
Dr Income summary 29,000
Cr Retained earnings 29,000
The balance of the retained earnings account is $101,100 after all temporary accounts have been closed.
Read the scenario, and answer the question. You need to display the placement of three new function keys on a cell phone prototype. What should you use to illustrate the data?
a. An illustration
b. An organizational chart
c. Maps
Answer:
my answer would be a because c doesn't make any sense
Alexis Company was started in Year 1. At the end of Year 1 the Company had the following accounting equation.Assets = Liabilities + Stockholders' EquityCash + Land = Notes Payable + Common Stock + Retained Earnings600 + 2,200 = 1,000 + 1,400 + 400During Year 2, the company experienced the following accounting events.Paid off $500 of its note payableEarned $700 of cash revenue.Paid $400 of cash expenses.Paid a $100 cash dividend.Based on this information alone, what percent of the company's assets at the end of Year 2 were provided by earnings?
Answer:
Company's assets at the end of Year 2 were provided by creditors = 20%
Explanation:
Calculation of Cash at the end of Year 2
Cash balance at the end of Year 1 $600
Less: Paid off to notes payable ($500)
Add: Earned cash revenue $700
Less: Paid cash expenses ($400)
Less: Paid cash dividend ($100)
Cash balance at the end of Year 2 $300
Notes payable at the end of Year 2 = Beginning balance - Paid off
= $1,000 - $500
= $500
Calculation of Notes Payable at the end of Year 2
Notes Payable at the end of Year 1 $1000
Less: Paid off to notes payable ($500)
Notes Payable at the end of Year 2 $500
Total assets at the end of Year 2 = Cash + Land
= $300+2200
= $2500
Creditors at the end of the Year 2 (Notes payable) = $500
Company's assets at the end of Year 2 were provided by creditors = Creditors * 100 / Total assets
= $500 * 100 / $2500
= 20%
The percentage of the company's assets at the end of Year 2 that were provided by earnings is 20%
Computation of cash at the end of year 2
Cash balance at the end of Year 1 $600
Less:
Paid off to notes payable ($500)
Add:
Earned cash revenue $700
Less:
Paid cash expenses ($400)
Paid cash dividend ($100)
Cash balance at the end of Year 2 $300
Notes payable at the end of Year 2
= Beginning balance - Paid off
= $1,000 - $500
= $500
Calculation of Notes Payable at the end of Year 2
Notes Payable at the end of Year 1 $1000
Less: Paid off to notes payable ($500)
Notes Payable at the end of Year 2 $500
Total assets at the end of Year 2
= Cash + Land
= $300+2200
= $2500
Creditors at the end of the Year 2 (Notes payable)
= $500
Company's assets at the end of Year 2 were provided by creditors
= Creditors * 100 / Total assets
= $500 * 100 / $2500
= 20%
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The entity that collects economic data at a regional level is the:___________
Answer:
the World Bank
Explanation:
The World Bank is an international financial institution that monitors the financial activities of most countries. Regional economic data collection is done by means of a World Bank initiative called the International Comparison Program.
An example of this economic data collected is the gross domestic product (GDP) of the regions.
Go Fly A Kite is considering making and selling custom kites in two sizes. The small kites would be priced at $12.70 and the large kites would be $25.70. The variable cost per unit is $6.15 and $13.30, respectively. Jill, the owner, feels that she can sell 3,700 of the small kites and 2,030 of the large kites each year. The fixed costs would be $2,120 a year and the depreciation expense is $2,000. The tax rate is 35 percent. What is the annual operating cash flow
Answer:
the annual operating cash flow is $31,437.
Explanation:
The Annual Operating Cash flow is calculated as follows :
Revenues :
Small kites (3,700 × $12.70) $46,990
Large kite (2,030 × $25.70) $52,171
Total Revenue $99,161
Less Variable Expenses :
Small kites (3,700 × $6.15) ($22,755)
Large kite (2,030 × $13.30) ($26,999) ($49,754)
Less Fixed Expenses ($2,120)
Less depreciation expense ($2,000)
Operating Income before tax $45,287
Less Income tax expense ($45,287 × 35%) ($15,850)
Operating Income After tax $29,437
Add Back Depreciation Expense $2,000
Operating Cash flow $31,437
Used office supplies of $4,940. The Office Supplies unadjusted balance on December 31 is $9,200. Adjustment Type: Supplies Expense Office Supplies A T is drawn. The vertical line divides the account into its left and right sides. The left side of the T-account is called the debit side and the right side is called the credit side. The account name is at the top, above the horizontal line.
Answer:
Deferrals / Prepaid
Supplies Expense
Date Debit Credit Date
31-Dec $4,940
Balance $4,940
Office Supplies
Date Debit Credit Date
31-Dec $9,200 $4,940 31-Dec
Balance $4,260
During 20X1, X Company manufactured equipment for its own use at a total cost of $2,400,000. The project required the entire year to complete and all costs were incurred uniformly throughout the year. At the beginning of the period, X was able to borrow $1,500,000 at 6% specifically for the purchase of materials and the manufacture of the equipment. The entire debt, with interest was repaid on December 31, 20X1, replaced with a long-term loan. Throughout 20X1, X Company had additional debt of $1,000,000 with a weighted average interest rate of 7%. If X Company capitalizes to the equipment the maximum amount of interest allowable under GAAP, how much will X report as interest expense in 20X1
Answer:
$88,000
Explanation:
The company's total interest expense for the year = ($1,500,000 x 6%) + ($1,000,000 x 7%) = $90,000 + $70,000 = $160,000
The company can capitalize the weighted average expenses times the interest rate of the specific loan for this project. Since the costs were paid uniformly during the year, the weighted average costs = $2,400,000 / 2 = $1,200,000. It can capitalize interests for up to $1,200,000 x 6% = $72,000.
Total interests - capitalized interests = $160,000 - $72,000 = $88,000
A 20% increase in sales causes EPS to rise from $4.00 to$6.50. Assuming the firm has no debt, what is its degree of operating leverage (DOL)?
A. 3.13 B. 2.25 C. 1.50 D. 1.57 E. 1.00
Answer:
A
Explanation:
DOL = Percentage change in EBIT / percentage change in sales
EPS = {(EBIT - Interest) × (1 - T) } / Shares
The firm has no debt, so interest would be zero
EPS = EBIT × (1 - T) / Shares.
Tax rate and number of outstanding shares remain unchanged.
Percentage Change in EPS = EBIT.
Percentage Change in EPS = (6.5 / 4) - 1 = 0.625 = 62.5%
EBIT = 62.5%
Percentage change in sales= 20%
DOL = 62.5% / 20% = 3.13
Which of the following statements about a company’s strategy is true? Multiple Choice Crafting an excellent strategy is more important than executing it well. A company’s strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole. Strategy at its essence is about competing differently—doing what rival firms do not do or cannot do. Masterful strategies come partly (maybe mostly) by doing things in much the same way as the industry leader but then being better than the leader in one particular area that counts heavily with buyers. Whether a company’s strategy is ethical or not does not matter much because most customers and most suppliers are relatively unconcerned with whether a company they do business with engages in sleazy practices or turns a blind eye to below-board behavior on the part of its employees.
Answer:
A company’s strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole.
Explanation:
A company strategy is a business term that describes the view and set out paths into the future arrangement of a company, which focuses on the company's overall purposes, mission, and vision while considering the commodities to be produced, customers to serve, and the market to explore at large.
Hence, in this case, the statement about the company’s strategy that is true is "A company’s strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole."
In this particular example, the optimal two-part tariff is a per-unit price of $1 and a fixed fee of $29. But notice that with this pricing structure, the Low-type consumer will not purchase any units of the product! Why was it optimal for the firm to set a pricing structure that intentionally shut the low-type consumer out of the market
Answer:
The seller sets such high prices to increase his revenue. If he sets lower price, the revenue will also be less whereas high pricing will result in more revenue. Sellers sometimes set price as high as 800% above the cost. Though it discourages low type consumer but ensure high return by exploiting high paying capacity consumers. e.g. Apple (iPhone). Next it protects the seller from floating prices. Also by setting high price, sellers target high paying capacity consumers and increase their revenue manifold.
Felipe works for an insurance agency with about 50 employees. The HR director recently sent an email requesting information on who plans to attend the company picnic in two weeks. The next morning when Felipe signs into his computer, he finds dozens of emails filling his inbox with responses to the HR director’s inquiry, and none of them are emails Felipe needed to see. What most likely caused this problem?
Answer:
C. Most people used the reply all button
Explanation:
This is a problem that can occur in companies due to misuse of e-mail functionalities. What happened in this case was that the employees who responded to the HR director's request email, used the reply button to all contacts forwarded in the director's original email, which ends up creating an email chain unnecessary and can hinder and delay the work of other employees, who need to see emails related to their role.
Therefore, the essential thing is that each employee makes use of the e-mail tool effectively, responding only to the recipient of the e-mail and avoiding sending unnecessary and private messages to contacts not interested in the professional subject addressed in the e-mail.
Which of the following would the human resource manager be likely to handle? The multiple choice answers are in the picture
Answer:
B. A dispute between two managers about an employee's responsibilities.
Explanation:
A human resource manager performs a range of functions, some of which may even overlap or cover some functions specially meant for some departments in a company. However, functions just as staffing, recruitment and refining of job rules and responsibilities are solely effectively carried out by a human resource manager.
Therefore, given the above scenarios, a human resource manager would most likely be able to handle "a dispute between two managers about an employee's responsibilities." This is because the human resource manager is more knowledgeable as to what and what is actual required of every employee's role and responsibilities in an organization or company.
Answer:
Answer A is correct
Explanation:
Price Per Unit Quantity Supplied Quantity Demanded $10 100 295 11 150 275 12 190 250 13 220 220 14 245 180 15 265 135 If a technological advance lowers production costs such that the quantity supplied increases by 60 units of this product at each price, the new equilibrium price would be
Answer:
$12
Explanation:
Equilibrium price is price at the point where quantity supplied equals the quantity demanded.
Please check the attached image for a table showing how equilibrium was found
