It is true that ABC analysis is a technique of ranking the items based on the activities and on the sale volume including the metric for items.
The technique that is used for ranking is based on the inputs and outputs of the company. The statistical device can also be used for measuring the rank of the company. The method of providing ranking is to provide the appraisal for the activities performed in the firm, it helps to identify the worth of the company.
The rank is calculated by the data that is collected by the other piece of analyzed data. The data that is collected needs to be numerically measured and it must be recorded financial by the firm. The sales unit shoes the analyzes of the company where the operations of that is used for production is also counted and the wages, salary and operating expenses can also be evaluated by this terminology.
A job is rated on the overall value that is ranked by the company. There are evaluators how will be present to evaluate the woks and also they provide the ranks accordingly. The value of activity is the process of evaluating the services and the goods that are evaluated by the AVA that provides the insight of the company.
It also helps in finding the insight of the company and the worth of the final goods that is produced. It helps the firm to improve its activity. and also adds the value to the products and services that us produced by the company. The metric is the system that is used in the calculation of numerical terms that includes high technology and the industry that has metric form many years. So it is method that is used for quantitative data and for the production and performance in the operations of the firm.
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Key advantages of free market economic systems include:
Answer:
It contributes to political and civil freedom
(please give brainliest)
On a loan of $32,000 at 7% interest for 6 months, how much do you wind up paying to pay off the loan?.
The amount to be paid at the end of the loan period will be $33,120. The rate of interest on the loan is given as per annum and hence the interest is to be calculated for 6 months.
Calculation of settlement amount of loan:Given:
\(\rm Principal &= \$32,000\\\\Rate &= 7\%\:per\:annum\\\\Tenure = 6\:months\)
Interest is calculated from the following formula:
\(\rm Interest = Principal\times Rate \times Tenure\)
Hence the interest for the loan will be:
\(\begin{aligned}\rm Interest &= \$32,000\times 7\% \times 6\: months\\\\&= 32,000 \times \dfrac{7}{100}\times \dfrac{6}{12}\\\\&= \$1,120\end\)
The final payment for the loan will be the combination of principal and interest.
Therefore final payment = $32,000 +$1,120
= $33,120
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is the management function that involves allocating resources, assigning tasks, and establishing procedures for accomplishing the organizational objectives.
Answer:
Organizing.
Explanation:
Organizing can be defined as a strategic process in which resources are assembled and human efforts are coordinated and then integrated into a unitary system so as to achieve organizational goals and specified objectives.
Generally, organising helps to create order in an organization by eliminating chaos, and work conflicts. Also, it enhances job specialization and responsibility sharing by creating an environment that is suitable for teamwork.
For example, the manager of a business firm that made two or more coordinators to take care of activities relating to registration and refreshment at an annual general meeting (AGM).
In conclusion, organizing is a management function and it's is largely dependent on allocating resources, assigning or delegating tasks to others, and establishing procedures (policies) for accomplishing the organizational objectives.
How can choosing the right institution help you manage money effectively?
Answer:
You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.
Explanation:
To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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which of the following statements is true? multiple choice 1 economic profit equals opportunity cost. normal profit equals revenue minus implicit costs. accounting profit equals revenue minus explicit costs. accounting profit gives a true measure of the opportunity cost of the current business venture.
Option c is the right response to the provided question. Total revenue less implicit and explicit costs equals economic profit.
The Function of Implicit Costs
Implicit costs are any costs that have already occurred but aren't always shown or recorded as separate items. It is an opportunity cost that arises when a company commits internal resources to a project without obtaining any direct compensation for doing so.
What do we call costs that are implicit?
Other terms for implicit costs are inferred, hypothetical, and implied costs. Typically, businesses do not list these costs separately. This is due to the fact that they represent an opportunity cost, or the benefit that a company forfeits by choosing one course of action over another.
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64) On Green Island, the demand for pencils is perfectly elastic and the supply of pencils is perfectly
inelastic. If a sales tax on pencils is introduced,
If a sales tax on pencils is introduced on Green Island, the price of pencils will increase. However, since the demand for pencils is perfectly elastic, the quantity demanded of pencils will decrease significantly as consumers will seek out cheaper alternatives or stop purchasing pencils altogether.
On the other hand, since the supply of pencils is perfectly inelastic, the quantity supplied will remain the same, meaning that producers will not be able to adjust their output in response to the increase in price. In this scenario, the burden of the sales tax falls entirely on the consumers, as they will have to pay more for pencils without any reduction in the quantity supplied. This makes the tax inefficient as it distorts the market by reducing consumer surplus and producer surplus without generating any revenue for the government. Moreover, since the demand for pencils is perfectly elastic, any increase in the tax rate will result in a complete loss of demand for pencils. Overall, the introduction of a sales tax on pencils in Green Island would be an ineffective policy that would harm consumers and producers without generating any revenue for the government. It highlights the importance of considering the elasticity of demand and supply when designing tax policies to ensure their effectiveness and efficiency.
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The flowchart above illustrates which type of organizational message?
a.
upward
b.
lateral
c.
grapevine
d.
downward
Answer:
upward is the correct answer
Click this link to view O*NET's Work Activities section for Postsecondary Education Administrators.
Note that common activities are listed toward the top, and less common activities are listed toward the bottom.
According to O*NET, what are common work activities performed by Postsecondary Education Administrators?
Check all that apply.
making decisions and solving problems
operating vehicles
communicating with supervisors, peers, or subordinates
establishing and maintaining interpersonal relationships
repairing and maintaining electronic equipment
drafting, laying out, and specifying technical devices, parts, and equipment
Answer:
BDE
Explanation:
Answer:
A C D
Explanation:
boi, why am i alive.-
Answer: so you can grow older
Explanation:
What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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Define market research, describe its purpose, and give at least one example of a type of market
research that producers conduct.?
A systematic approach to learning as much as possible about target markets and consumers, starting with who they are, is market research.
What is market research?Market research is a systematic attempt to learn as much as possible about target markets and consumers, starting with who they are.
It is a crucial element of corporate strategy and a key contributor to keeping competitiveness.
Purpose:
Find customers by using market research.
Consumer behavior and economic trends are combined in market research to support and enhance your business concept.
Understanding your customer base from the start is essential.
Even when your company is still only a vision in your mind, market research allows you to lower risks.
Example:
Making note of the most recent data published on a certain topic after conducting an online search on it is an example of market research.
The following are further instances of secondary market research: reading trade journals.
Therefore, a systematic approach to learning as much as possible about target markets and consumers, starting with who they are, is market research.
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Which stage of new product development would you be most interested in participating in? Explain.
Answer:
prototyping
Explanation: Because with this stage you will be able to see rough draft of the product and you will be able to the strongest and weakest parts of your project. Prototyping makes it possible to concertize an idea and to understand which aspects of the idea prove difficult or impossible to implement. Making a prototype can thus highlight unanticipated physical, technical or financial constraints.
What type of marketing is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller?.
A type of marketing that is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller is transactional marketing.
What is transactional marketing?
Transactional marketing is one business strategy that focuses on single "point of sale" transactions. This strategy emphasizes is on maximizing the volume and efficiency of individual sales rather than developing a relationship with the buyer. The advantage of this strategy is the cost-effective strategy to build a sales model. It's because the strategy doesn't focus on brand image and the promotional costs are low. The example of transactional marketing is a shopping channel on TV advertising a new product and provides a phone number or website to buy the product in that moment.
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The function f(x) = 2,000(1 + )12t models the balance in a savings account.
The savings account had an initial balance of _ and compounds
_ at an interest rate of _
Answer:
In the exponential function f(x) = P(1 + )nt :
P = principal value
r = the annual interest rate
n = number of compounding periods in a year
t = time in years
For the given function, P = 2,000, r = 0.0225, or 2.25%, and n = 12. So, the interest compounds 12 times a year, or monthly.
Therefore, the savings account had an initial balance of $2,000 and compounds monthly at an interest rate of 2.25%.
Explanation:
Explanation from PLATO
tori is a freelance photographer and her net earnings were $80,000. calculate tori’s payroll taxes if she was a full time employee
Tori’s payroll taxes if she was a full time employee of the company will be $11304.
How to compute the tax?From the given information, the net income is $80000, tax rate is 15.3% for social security and Medicare.
Therefore, the tax paid by Tori will be:
= 15.3% × $73880
= $11304
In conclusion, the tax will be $11304
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How
a regulated firm could seek to implement an effective corporate
governance regime?
Corporate governance involves the method by which organizations are governed and controlled. The objective of corporate governance is to ensure that firms are run in a way that complies with the law, their articles of association, and the best interests of their shareholders.
A regulated firm can implement an effective corporate governance regime in the following ways:Independent board The board of directors should be independent of the company's management to ensure effective governance. Members of the board of directors should be able to make impartial choices and be able to act in the best interests of the company's stakeholders.
Board members should be well-informed about the company's activities, plans, and risks to be able to make informed decisions. The board of directors should also be responsible for approving the company's business strategies and assessing their success.
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Which of the following is an example of an entrepreneur being influenced by
the economic principle of supply and demand?
A. Wendy has researched ways to maximize productivity in her new
business.
B. Lindsey notices that the only coffee shop in town is very popular,
so she opens her own coffee shop.
C. Saul has come up with an advertising budget for his new
business's marketing campaign.
D. At his new bike shop, Nick hires polite, friendly individuals to work
the registers.
Answer:
B. Lindsey notices that the only coffee shop in town is very popular, so she opens her own coffee shop.
Explanation:
According to the economic principle of supply and demand, the relationship between the two is directly proportional to each other. With the increase in the demand of any product, there arises an increase in the supply of the product and vice versa.
From the given options, option B. is representing the relationship between supply and demand. The popularity of coffee shop among the people in the town led Lindsey to open her own coffee shop. Increase in demand led to the increase in the supply of the product.
Answer:
Lindsey notices that the only coffee shop in town is very popular,
so she opens her own coffee shop.
Explanation:
The production cost in GHC per week of producing x computers is given by
\(c(x) = 4000 - 32x + 0. 08 {x}^{2} + 0. 00006 {x}^{3} \)
and the demand function for the computers is given by
\(p(x) = 250 + 0. 02x - 0. 001 {x}^{2} \)
What is marginal cost, marginal product, and marginal revenue. When
\(x = 200 \)
and
\(x = 400\)
what does theses numbers tells you about marginal cost, marginal product and marginal revenue
When x = 200 and x = 400, you can calculate the values of marginal cost, marginal product, and marginal revenue at these specific production levels. These numbers will provide insights into the changes in cost, production, and revenue associated with increasing the quantity produced from 200 to 400 units.
Marginal cost represents the additional cost incurred by producing one more unit of output. It is calculated as the derivative of the cost function with respect to the quantity produced (x). In this case, the marginal cost can be obtained by taking the derivative of the cost function c(x).
Marginal product refers to the additional output produced by employing one more unit of input. It is calculated as the derivative of the production function with respect to the quantity produced (x).
However, the given problem does not provide a production function explicitly, so it is not possible to determine the marginal product.Marginal revenue represents the additional revenue generated by selling one more unit of output.
It is calculated as the derivative of the revenue function with respect to the quantity sold (x). In this case, the revenue function can be obtained by multiplying the price function p(x) by the quantity produced (x).
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gop governors slash unemployment benefits as businesses plead for workers
Recently, several GOP governors have decided to slash unemployment benefits, despite the ongoing economic struggles caused by the pandemic. The rationale behind this decision is that by reducing unemployment benefits, they hope to incentivize more people to return to work and fill the current labor shortage.
However, this move has been met with criticism from many who argue that it is premature and unfair to take away much-needed financial assistance from those still struggling to find work. Furthermore, some businesses have even pleaded with governors to reconsider their decision, noting that the labor shortage is not simply due to unemployment benefits but also because of factors such as fear of contracting COVID-19 or lack of childcare options.
Overall, the decision to cut unemployment benefits remains a controversial and divisive topic, with many different perspectives and opinions on the matter.
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The data show the
number of railroad crossing accidents for the 50 states
of the United States for a specific year. Construct a
histogram, frequency polygon, and ogive for the data.
Comment on the skewness of the distribution. (The data
in this exercise will be used for Exercise 14 in this
section.)
Class limits Frequency
1–43 24
44–86 17
87–129 3
130–172 4
173–215 1
216–258 0
259–301 0
302–344 1
Answer:
I hope this helps
Explanation:
216-258 0
Help what’s the answer?
Answer:
The supply would fall
Explanation:
The restaurants wouldn't have as many workers at all times.
16. Unemployment that exists because some people lack the skills valued by the labor market is...
A. frictional unemployment, which contributes to the natural rate of unemployment.
B. frictional unemployment, which does not contribute to the natural rate of unemployment.
C. structural unemployment, which contributes to the natural rate of unemployment.
D. structural unemployment, which does not contribute to the natural rate of unemployment.
Unemployment that exists because some people lack the skills valued by the labor market is structural unemployment, which contributes to the natural rate of unemployment. (Option C)
Structural unemployment refers to unemployment that arises due to a mismatch between the skills and qualifications of job seekers and the requirements of available jobs in the labor market. This type of unemployment occurs when individuals lack the specific skills or training that are in demand by employers. As a result, they struggle to find suitable employment opportunities, leading to prolonged periods of unemployment.
Structural unemployment contributes to the natural rate of unemployment, which is the level of unemployment that exists even when the economy is operating at its full potential. It is considered a long-term phenomenon and is influenced by various factors such as technological advancements, changes in industry composition, and shifts in the labor market dynamics. As individuals lacking the valued skills continue to face difficulties finding employment, the structural unemployment rate becomes embedded in the overall unemployment rate of an economy.
Therefore, option C, which states that structural unemployment contributes to the natural rate of unemployment, is the correct answer.
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1. What competitive advantages do these motivated veteran accountants bring to their new employers? Cite several examples.2. List three specific outcomes received by organizational members who have moved to these smaller accounting firms from senior positions in larger organizations.
1. The motivated veteran accountants bring several competitive advantages to their new employers. Some of these advantages include Extensive experience,Strong work ethic, Leadership skills, Industry connection.
2. The organizational members who have moved to these smaller accounting firms from senior positions in larger organizations have received several specific outcomes, including Greater autonomy,Closer relationships with colleagues,diverse responsibilities.
1. Extensive experience: These accountants have worked in the field for many years and have accumulated a wealth of knowledge and expertise that they can apply to their new roles.
- Strong work ethic: As veterans, these accountants are likely to be highly motivated and dedicated to their work, which can translate into increased productivity and better results for their new employers.
- Leadership skills: Many of these accountants held senior positions in larger organizations, which means they have developed strong leadership skills that they can use to guide and mentor their new colleagues.
- Industry connections: These accountants have likely developed a wide network of contacts and connections within the accounting industry, which can be valuable to their new employers in terms of business development and networking opportunities.
2. The organizational members who have moved to these smaller accounting firms from senior positions in larger organizations have received several specific outcomes, including:
- Greater autonomy: In smaller firms, these individuals may have more freedom and flexibility to make decisions and implement their own ideas, which can be both professionally and personally rewarding.
- Closer relationships with colleagues: Smaller firms often have a more close-knit and collaborative work environment, which can lead to stronger relationships with colleagues and a greater sense of camaraderie.
- More diverse responsibilities: In smaller firms, these individuals may be required to take on a wider range of responsibilities, which can provide them with new challenges and opportunities for professional growth.
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What are the issues the company
will face if it suffers a devastating fire and will be unable to
produce products for the next 18 months. What is the action plan
that will minimize the impact on the c
If a company suffers a devastating fire and cannot produce goods for the next 18 months, it is likely to face a variety of issues, including loss of revenue and market share, as well as potential legal and regulatory consequences.
An action plan can be developed to reduce the impact on the company by taking specific steps.
Here are the issues the company will face if it suffers a devastating fire:
Loss of revenue: The inability to produce products for 18 months will result in a significant loss of revenue for the company. This may cause the company to lose its market position and profitability, which can lead to bankruptcy.
Legal and regulatory consequences: The fire and its aftermath may have legal and regulatory implications. The company may face legal claims from its employees, shareholders, and other stakeholders. Additionally, regulatory bodies overseeing workplace safety and environmental standards may impose fines and penalties.
Loss of market share: The company may lose its market share and brand value due to the fire. Customers may lose faith in the company and its products, leading them to switch to more reliable competitors.
The following steps can be taken to minimize the impact on the company:
Implement a business continuity plan: Develop a business continuity plan (BCP) that outlines steps to cope with the effects of the fire. The BCP should include a contingency plan for product distribution and identify alternate production sites or partners.
Regular testing and review of the plan is essential to ensure its effectiveness.
Rebuild the company's reputation: After the fire, the company needs to rebuild its reputation. It should take measures to reassure customers, employees, and other stakeholders that it is actively addressing the situation and implementing measures to prevent future incidents. Compensation may be offered to those who suffered due to the fire.
Collaborate with stakeholders: The company should collaborate with its stakeholders to address the issues arising from the fire. This includes working closely with employees, suppliers, and regulatory bodies to resolve legal and regulatory implications.
The company may also consider strategic partnerships with other companies to meet its production needs during the recovery period.
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a corporate bond has a 13% coupon rate, pays interest semiannually, and matures in 15 years. the bond's par value is $1,000. if the investors' annual required rate of return is 10%, the intrinsic value of the bond should be:
A corporation has a 13% interest rates, per the question. The bond's present value is $1,231.
What do bonds do?An IOU-like debt security known as a bond. Bonds are used by borrowers to get funding from investor to provide a fixed-term loan to them. By purchasing a bond, people are lending to the issue, which might be a company, an agency of the municipality, or a municipal government.
Briefing:Bond Par Value = $1,000
Time to Maturity = 15 years
Coupon Rate = 13% semi-annually
YTm = 10%
Calculating Present Value of Bond,
Using TVM Calculation,
PV = [FV = 1,000, T = 30, PMT = 65, I = 0.10/2]
PV = $1,231
So,
Present Value of Bond = $1,231
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Corrective taxes are unlike most other taxes because they:_________
Corrective taxes are unlike most other taxes because they are specifically designed to correct a negative externality, which is an unintended cost imposed on a third party as a result of an economic activity.
Unlike other taxes, which are primarily designed to raise revenue for the government, corrective taxes aim to discourage behavior that creates negative externalities, such as pollution, by making it more expensive to engage in that behavior.
The idea behind corrective taxes is to align the private cost of an activity with its social cost, which includes the cost imposed on third parties. For example, a tax on carbon emissions would increase the cost of using fossil fuels, such as gasoline and coal, which would incentivize individuals and firms to use cleaner, renewable energy sources instead.
This would not only reduce the negative externality of pollution but also encourage innovation in clean energy technologies. Therefore, corrective taxes are unlike most other taxes because they are designed to achieve a specific policy goal, rather than simply generating revenue for the government.
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6
A company that is located in the U.S. and sells its product to customers in Mexico is participating in what?
A. Demographics
B. News media
C. The global marketplace
D. Web marketing
Answer:
c
Explanation:
the global marketplace
Answer:
C
Explanation:
got it right on Edge
a. For Jernigan Company, determine the predetermined factory overhead rate using direct labor hours as the activity base. If required, round your answer to two decimal places.
$ per direct labor hour
b. During August, Jernigan Company accumulated 510 hours of direct labor costs on Job 40 and 730 hours on Job 42. Determine the amount of factory overhead applied to Jobs 40 and 42 in August.
$
Feedback
a. Determine the rate by spreading the estimated overhead costs over the allocation base.
b. Multiply the job hours by the predetermined overhead rate.
c. Prepare the journal entry to apply factory overhead to both jobs in August according to the predetermined overhead rate.
a. The predetermined factory overhead rate using direct labor hours as the activity base is $5 per direct labor hour. b. The amount of factory overhead applied to Job 40 in August is $2,550 and to Job 42 is $3,650.
a. The predetermined factory overhead rate using direct labor hours as the activity base is calculated below:
Estimated overhead costs for the year = $1,250,000Estimated direct labor hours for the year = 250,000DLHs Predetermined factory overhead rate = Estimated overhead costs for the year / Estimated direct labor hours for the year$1,250,000 / 250,000 DLHs= $5 per direct labor hour
b. Calculation of factory overhead applied to Jobs 40 and 42 in August is as follows:
Overhead applied to Job 40 = 510 hours × $5 per direct labor hour = $2,550Overhead applied to Job 42 = 730 hours × $5 per direct labor hour = $3,650
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A unit manager is tasked with developing a new organ procurement team. This type of team involves multiple entities within the hospital, as well as community partners and surgical groups that will need to be brought together. Which actions should be practiced during the preparation stage of a negotiation
During the preparation stage of a negotiation, a unit manager should conduct thorough research on the various entities involved in the organ procurement team.
This includes understanding their goals, needs, and potential objections. The manager should also identify key decision-makers and stakeholders, and seek to establish relationships with them prior to the negotiation. It is important to establish clear objectives and priorities for the negotiation, as well as alternative solutions in case of impasse.
Additionally, the manager should determine the negotiation style and tactics that will be most effective, based on the personalities and preferences of the parties involved. Overall, proper preparation can greatly increase the chances of a successful negotiation and a strong organ procurement team.
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