Answers
Answer:
External information.
Explanation:
Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.
The external environmental scanning is typically based on external information and it gives an overview of the opportunities in the market as well as potential threats to an organization.
The following are descriptive of an external information source for decision making;
1. Used as a tool for corporations to avoid strategic surprise.
2. Used to monitor, evaluate, and disseminate information relevant to the organizational development of strategy.
3. Used to determine a firm's competitive advantage.
4. Used as a tool to ensure a corporation's long-term health.
Hence, if a decision maker has trade journals and newspaper clippings about other companies, they tend to work with external information because they are informations outside the boundaries of the company.
Related Questions
In selling a house, Matt, a licensed realtor, tells Ann that the wiring, fixtures, and ap-pliances are of a certain quality. Matt knows nothing about the quality, but it is not as specified. Ann buys the house. On learning the true quality, Ann confronts Matt. He says he was not trying to fool her; he was only trying to make a sale. Can she rescind the deal
Answers
Letters with already formatted fonts and fields are called:
A. Files
B. Templates
C. Themes
D. Views
Answers
Answer: B. Templates
Principles of Economics: Outlines Ten Principles of Economics that we will replicate here, they are:
Answers
Answer:
The correct answers are:
1) People face trade-offs
2) The cost of something is what you give up to get it
3) Rational people think at the margin
4) People respond to incentives
5) Trade can make everyone better off
6) Markets are usually a good way to organize economic activity
7) Governments can sometimes improve market outcomes
8) A country's standard of living depends on its ability to produce goods and services
9) Prices rise when the government prints too much money
10) Society faces a short-run tradeoff between Inflation and unemployment.
Explanation:
To begin with, those ten principles of economics were first introduce by Gregory Mankiw in the book he wrote name Principles of Economics and he devided the principles in sections in where he organized the way everything was connected. Therefore that there are three major headlines of that are: How people make decisions; How people interact with each other; and the forces and trends that affect how the economy as a whole works.
As a central bank has greater independence from the government, the economy's inflation rate tends to
Answers
Answer:
The economy's inflation rate tends to stable and low
Explanation:
As a central bank has greater independence from the government, the economy inflation rate tends to be stable and low Because when central banks are independent from the government, they tend to make better monetary policy decisions as they do not work for votes, so they take suitable measure without thinking about politics. Thus, they have better credibility in the country.
The independence granted to the central bank tend to let the bank utilizes its full fiscal knowledge at its disposal with the help of past record, knowledge of accountant, economist, financial analyst and other expert working under the independent and head bank. This leads to stability in the economy, and inflation expectation are low.
which of the following types of sales resistance is most common but usually not the most important issue?
Answers
Price concerns types of sales resistance is most common but usually not the most important issue. According to the findings of McKinsey's most recent economic conditions outlook study, cost hikes.
Sales resistance is the tendency of a buyer to express reservations or worries in order to avoid purchasing an item or service. Discover instances of the two forms of sales resistance—reasoned and objective or emotional—as well as the definition of each. Consider yourself a sales representative for a major department store. It is your responsibility to ensure that every client that enters the store is informed of the most recent promotion, which is a "buy one, get one free" deal on shirts. At the start of your shift, you discover that many prospective customers are interested in the deal you are promoting, but as the day wears on, you discover that some clients are unwilling to accept the sale you are offering.
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what do you think makes us free
Answers
Answer:
Refers to the ability of a person to act out of his own free will and self-determination. This means that a person may decide to act or not to act, and these decisions are made out of his own free will. also means that a person may act even if he is not required or called to take action.
Explanation:
Duality and interpretation of dual variables
Answers
In the event that the base issue is an expansion issue, the double issue is a minimization issue as well as the other way around.
What is Duality?By and large, the duality hypothesis tends to itself to investigate of the association between two related straight programming issues, where one of them, the base, is an expansion issue and the other, the double, is a minimization issue.
Duality of dual variables
Duality gives a ton of computational benefit in an issue with a lesser number of factors and a huge number of imperatives.
Interpretation of dual variables
The duality includes an exceptional connection between an LP issue and another, the two of which include similar unique information.
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The question is incomplete, Complete question probably will be:
Explain in brief the event of Duality and interpretation of dual variables.
Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Answers
Reggie's medical expense deduction is $7,276.
AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.
Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:
Drugs (prescribed by physicians): $5,701
Marijuana (prescribed by physicians): $1,470
Health insurance premiums-after taxes: $1,280
Doctors' fees: $1,320
Eyeglasses: $445
Over-the-counter drugs: $270
Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.
Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486
Reimbursements: $570
Medical expenses after reimbursements: $10,486 - $570 = $9,916
To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.
Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.
Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.
Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276
Therefore, Reggie's medical expense deduction is $7,276.
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Downhill ski racing requires the racer to maintain the tuck position
for over a minute while they are going extremely fast. Therefore, the
muscle bers recruited must not fatigue easily, or the skier could be
severely injured. The type of muscle ber that is predominately
recruited during downhill ski racing is:
Fast-Twitch oxidative (Type IIA) Fibers
Slow-Twitch (Type I) Fibers
Fast-Twitch glycolytic (Type IIB) Fibers
Answers
Answer:
1. Cross country ski racing is a race of endurance through a 30 km course. The type of muscle fiber that is predominately recruited during cross country ski racing is slow twitch.
2. Giant slalom ski racing is alpine skiing that requires powerful turns around the gates, but the aerobic endurance to make it through the course. The type of muscle fiber that is predominately recruited during giant slalom ski racing is Fast twitch oxidative.
3.Slalom ski racing requires quick, explosive turns around the gates. The type of muscle fiber that is predominately recruited during slalom ski racing is Fast twitch glycolytic.
Explanation:
I swear this is right I got it right on the test.
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Explain how each of the following events would affect the equilibrium price and quantity of new textbooks. (Explain which curve(s) would shift and in which direction(s).)
Answers
The events that would affect the equilibrium price and quantity of new textbooks include changes in production costs, shifts in student enrollment, changes in government policies etc.
How do these events impact the equilibrium price and quantity?The changes in production costs will shift the supply curve of new textbooks. If production costs increase, the supply curve would shift to the left resulting in decrease in the equilibrium quantity and an increase in the equilibrium price.
But if production costs decrease, the supply curve would shift to the right leading to an increase in the equilibrium quantity and a decrease in the equilibrium price of new textbooks.
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13) Consider the following information for a particular economy. Total population = 60 million Number of employed 30 million Total labour force = 40 million Natural rate of unemployment = 12% a) Find the total unemployment rate b) Calculate the cyclical unemployment rate
Answers
Answer:
Explanation:
a) Find the total unemployment rate
Total labour force = 40 million
Number of employed = 30 million
Number of unemployed = 40 - 30 = 10 million
Unemployment rate = (unemployed / Labour force) × 100
Unemployment rate = (10 million / 40 million) × 100 = 25%
b) Calculate the cyclical unemployment rate
Cyclical unemployment rate = Unemployment rate - natural rate of unemployment
Unemployment rate = 25%
Natural rate of unemployment = 12%
Cyclical unemployment rate = 25 - 12 = 13%
Being high on extraversion ______ managers whose jobs entail especially high levels of social interaction. may be an asset for.
Answers
Having high levels of extraversion can be beneficial for managers whose jobs require a lot of social interaction. The traits of assertiveness, sociability, and extraversion define extraversion.
How can it be explained in detail?Being highly extraverted can be advantageous for managers whose jobs involve a lot of interpersonal interaction, such as leading teams or working with clients. They might be more adept at forming connections, more at networking, and more assured in their communication abilities.
Extraversion is a valuable quality for managers, but it is not the only one, and having too much of it can be detrimental. As an illustration, extroverted managers sometimes dominate conversations and ignore the opinions of more reserved team members. It's crucial for managers to strike a balance between their strengths and other qualities like empathy, listening, and analytical thinking.
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Which of the following is not a measure of central tendency?
Answers
Answer:
Standard deviation is not a measure of central tendency
Explanation:
Deviation means change or distance. But change is always followed by a reference. Hence standard deviation is a measure of change from central tendency i.e. mean. It is not itself a measure of central tendency.
In the supply-and-demand schedule shown above, at the prices of _____ and ______, there is excess demand because quantity demanded is greater than quantity supplied. $25, $50 $25, $200 $150, $200
Answers
In the supply-and-demand schedule, at the prices of $150 and $200, there is excess demand because quantity demanded is greater than quantity supplied.
In order to recognize market stability, we have to first understand the fundamentals of demand and supply. So, the law of demand says that when price drops, users demand a larger number. Similarly, when price reduces, generators provide a lower number.
The demand schedule represents that as price rises, quantity demanded decreases, and vice versa. Thus, these points are then graphed, and the line connecting them is the demand curve.
Hence, there is an inverse relationship between prices and quantity demanded.
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We use the accounting equation to identify what a company owns and owes. _____ are resources a company owns or controls, _____ are claims creditors have against a company’s assets, and _____ is the owner’s claim on a company’s assets.
Answers
Answer:
We use the accounting equation to identify what a company owns and owes. Assets are resources a company owns or controls, Liabilities are claims creditors have against a company’s assets, and Equity is the owner’s claim on a company’s assets.
Explanation:
The accounting equation reads as Assets = Liabilities plus Equity.
The accounting equation forms the basis for preparing the balance sheet and the double-entry accounting system. When well prepared, the assets side should balance with liabilities and equity.
The accounting equation is very useful as its shows us:
Assets ⇒ Resources owned by companyEquity ⇒ Owner's claim on company assets Liabilities ⇒ Claims of creditors on company assetsThe accounting equation is:
Assets = Equity + Liabilities
Assets are the thing owned by the company such as buildings, lands, and stock.
Equity are refers to the portion of assets contributed by the owners while liabilities are those that were acquired by borrowing from creditors.
In conclusion, the accounting equation shows the relationships between assets, liabilities, and equity.
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a group of investoers in a retirement fund removed therir money from the fund when they learned the fund manager had invested in gambaling casino the investors riligous beliefs had them to belive in the fundemental evil of all forms of gambling these investors were ingagging in what
Answers
The answer is social paternalism. The investors who removed their funds of a retirement fund when the fund manager started to gamble the money in casino were involved in following social paternalism.
What's an illustration of paternalism?Paternalism is the act of interfering with another person's autonomy or liberty with the goal of improving or protecting that person. Laws requiring seat belts, requiring helmet use while operating a motorbike, and outlawing specific narcotics are examples of paternalism in daily life.
In ethics, what does paternalism mean?Paternalism, which is defined as making a decision that is in the patient's best interest but without the patient's consent, is a crucial value in ethical decision-making because it provides a counterbalance to other values.
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Several insureds have become liable because of a single loss. How will the policy's limit of liability be affected?
A homeowners policy can have no more than one insured.
The full limit applies to each insured individually.
No more than the per occurrence limit applies, no matter how many insureds are involved.
Pro rata liability applies.
Answers
According to standard practice, the policy's liability limit starts at 20% of the own damage maximum rate (and not the legal responsibility premium) and gradually rises to a maximum of 50%. However, if a claim is made, the No claim Bonus is forfeited for the next policy period. The insured receives the NCB rather than the insured car.
What is a single limit of insurance?
Auto insurance with a single flat sum for coverage limitations is referred to as single limit liability coverage. as an illustration, a policy owner may select $300,000 in total per event legal responsibility insurance. This sum would cover any and all personal injury and property damage claims resulting from a single accident.
What is aggregate liability limit?
Single limit liability coverage refers to auto insurance having a single fixed amount for coverage restrictions. As an example, a policy holder could decide to purchase $300,000 in complete legal responsibility insurance per incident. This amount would cover any and all claims for property damage and bodily harm arising from a single accident.
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A proposed nuclear power plant will cost $2.2 billion to build and then will produce cash flows of $300 million a year for 15 years. After that period (in year 15), it must be decommissioned at a cost of $900 million. What is project NPV if the discount rate is 5%? What if it is 18%?
Answers
Answer:
Project NPV at 5% discount rate = $1346 .78
Project NPV at 18% discount rate = -597.4
Explanation:
Below is the given values:
Initial cost = $2.2 billion
Yearly cash inflow, A = $300 million
Time = 15 years
Salvage value, S = $900
Project NPV at 5% discount rate = A (P/A, 5%, 15) + S (P/F, 5%, 15) - Initial cost
Project NPV at 5% discount rate = 300 (P/A, 5%, 15) + 900 (P/F, 5%, 15) - $2.2 billion
Project NPV at 5% discount rate = 300 (10.3796) + 900 (0.4810) - $2.2 billion or 2200 million
Project NPV at 5% discount rate = $1346 .78
Now,
Project NPV at 18% discount rate = 300 (5.0915) + 900 (0.0835) - $2.2 billion or 2200 million
Project NPV at 18% discount rate = -597.4
In a communist economy all economic activities are controlled by?
Answers
Answer:
benefits of quality management
During a(n) _____ interview, all applicants will be asked the exact same questions.
structured
open
inquiry
behavioral
Answers
Answer:
structured is the correct answer.
Explanation:
on edge.
Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.
Answers
a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.
c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units
a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].
Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.
The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:
(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit
Plugging in the values, we have:
(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units
c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.
The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.
The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.
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After comparing the manufacturing costs in the United States and in offshore locations, Alpha Manufacturing has decided to move its operations offshore to increase its profits by reducing manufacturing costs. In the given scenario, Alpha Manufacturing has most likely conducted a ______, a form of utilitarianism commonly applied by firms and government.
Answers
Answer:
Cost-benefit analysis.
Explanation:
Cost-benefit analysis is used to examine and compare the cost associated with a project or task and the benefits derived from it.
In the given scenario, Alpha Manufacturing has most likely conducted a cost-benefit analysis, a form of utilitarianism commonly applied by firms and government. Also, it is essentially used by various organizations or business firms in the decision-making process, as all the cost incurred are determined.
Additionally, it may be used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Fixed costs can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Some examples of fixed costs in business are loan payments, employee salary, depreciation, rent, insurance, lease, utilities etc.
Dressing a grinding wheel is defined as
Answers
Answer: Dressing the wheel refers to removing the current layer of abrasive, so that a fresh and sharp surface is exposed to the work surface. Trueing the wheel makes the grinding surface parallel to the grinding table or other reference plane, so that the entire grinding wheel is even and produces an accurate surface.
Explanation: Hope this helps sho.rty :)
Richard Palm is the accounting clerk of Olive Limited. He uses the source documents such as purchase
orders, sales invoices and suppliers’ invoices to prepare journal vouchers for general ledger entries.
Each day he posts the journal vouchers to the general ledger and the related subsidiary ledgers. At the
end of each month, he reconciles the subsidiary accounts to their control accounts in the general
ledger to ensure they balance.
Discuss the internal control weaknesses and risks associated with the above process
Answers
Answer:
Internal control weaknesses and risks associated are as follows:
No proper segregation of duties - the accounting clerk is the who prepares the journal voucher and records the transactions in the system. He is also the one who performs monthly reconciliation. With no proper segregation of duties, there is an increased risk of material misstatements due to error or fraud not being detected and corrected. Assets will also be susceptible to theft or misappropriation due to a lack of segregation of duties.
No review is being performed by the clerk before recording the transaction - before recording, the accounting clerk should have matched and reviewed the details per invoice to its supporting documents. With no proper review, there is increased risk that balances in the financial statements are not recorded at correct amounts e.g., liabilities recorded are not valid due to undelivered inventories, assets are overstated due to no actual goods received yet, etc. There's also a risk that transactions are not recorded at the correct accounting period since the clerk does not review the details in the source document.
No review is being performed on the work performed by the clerk - since no oversight or review is being performed, there is an increased risk that the clerk will record fictitious transactions e.g., fictitious sales, fictitious cash disbursement, etc that may result to material misstatements in the financial statements.
The following are the risks associated with the above process;
There is a lot of burden placed on one individual (Richard Palm).
There is no work distribution- Richard does the entire job from dealing with purchasing orders, sales invoices and suppliers' invoices.
The process is prone to fraud and errors as Richard has to manage too much work on his own. In the process of reconciling of the subsidiary accounts to the control accounts he may lose some of the data.
There is also data confidentiality risk- organizations' data should be handled with confidentiality and information should remain private.
Which Airlines lounges are the best ?
Answers
Reason:
Air France’s first class is the whole package. Not only does Air France offer one of the world’s best first class inflight products, but the carrier’s ground experience in Paris is equally impressive.
If you’re connecting in Paris, you’ll be picked up at your plane and driven to the first class lounge, and then later on will be driven from the first class lounge to your connecting flight.
There’s so much to love about the Air France first class lounge, though my favorite thing is probably the restaurant, which has an Alain Ducasse menu. In my experience it’s the best food offered in any airline lounge in the world. It’s not just that the food quality is excellent, but the service and presentation are equally good.
Hopefully this helps!
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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Linda is the manager of a graphic design company. Her IT team asked for her consent to upgrade the editing software used by employees. Linda remembered that when such an upgrade was made in the previous month, all the systems crashed, and work was affected for several days. So, she refused to give consent for the upgrade even though such upgrades had been generally useful in the past. Which human compromise has influenced this decision
Answers
The human compromise that has made Linda to change her decision in upgrading the editing software due to the systems crashed that was caused by previous upgrade is Recency Syndrome.
The recency effect can be regarded as tendency to remember the action or effect of most recently presented information best.This syndrome always helps manager to learn from past mistakes so that he can avoid it next time. If not for this syndrome, Linda could have gave in for the upgrade, but she was afraid of crashing of the system.Therefore, Recency Syndrome is the correct term that describe Linda behaviors.
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Why is it important to select products and services that represent best value for money
Answers
Answer:
Too low of a price means you forgo potential profits. The most important factor in product price setting is choosing a price low enough that customers perceive they are getting a good value relative to what your competitors are offering and the prices they are charging -- but yet high enough to generate a profit.
Explanation:
A crab fisherman goes out to sea for weeks at a time catches as many crabs as possible and sells the crabs to larger distributors what field of business activity does this fall under
Answers
A crab fisherman goes out to sea for weeks at a time catches as many crabs as possible and sells the crabs to larger distributors .commercial industry field of business activity falls under this category.
Geographically, oceans are smaller than oceans and are usually found where land and ocean meet. Part of the ocean is usually surrounded by land. The sea is located at the edge of the sea and is partially surrounded by land.
The terms "sea" and "ocean" are often confused when talking about the sea. The ocean is usually considered a smaller body of water, partially covered by land. This often marks where the sea and land meet. Oceans generally refer to vast bodies of salty water that cover most of the earth.
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Through (2, - 5) perpendicular 10 3y=x-6
Answers
Answer:
y = 1/3x - 17/3
Explanation:
3y = x - 6
y = 1/3x - 2
y = 1/3x + b
-5 = 1/3(2) + b
-5 = 2/3 + b
-17/3 = b
How do answer this question?
Answers
To calculate the Percent change the formula applied as
A. Percent Change = ((New Value - Old Value)/Old Value) x 100
Year 2: ((66-60)/60) x 100 = 10.00%
Year 3: ((72-66)/66) x 100 = 9.09%
Year 4: ((81-72)/72) x 100 = 12.50%
Year 5: ((94-81)/81) x 100 = 16.05%
Year 6: ((160-94)/94) x 100 = 70.21%
Year 7: ((270-160)/160) x 100 = 68.75%
Year 8: ((450-270)/270) x 100 = 66.67%
B. Calculation of percent change for the entire period
Percent Change = ((Final Value - Initial Value)/Initial Value) x 100
((450-60)/60) x 100 = 650.00%
C. Based on the information presented, it is difficult to say whether this is a bubble or not. While there are significant percentage gains during the eight-year period, meanwhile fluctuation is also observed in percent change.
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