Samsung was able to overtake Panasonic and Philips through a combination of several factors. Firstly, the firm possessed a range of core competencies that enabled it to successfully compete in the global market. These competencies included its strong R&D capabilities, its ability to quickly adapt to changing market conditions, and its focus on producing high-quality products at competitive prices.
In addition to these core competencies, Samsung also executed a highly effective international strategy that enabled it to successfully expand its presence in key markets around the world. This strategy involved a combination of targeted acquisitions, strategic partnerships, and a strong emphasis on building strong relationships with key stakeholders, such as suppliers, distributors, and customers.
One of the key elements of Samsung's international strategy was its focus on building strong relationships with customers. The firm invested heavily in marketing and advertising campaigns that helped to build brand awareness and loyalty among consumers. It also worked closely with local distributors and retailers to ensure that its products were widely available and well-positioned in stores.
Another important aspect of Samsung's strategy was its focus on innovation. The firm was constantly introducing new products and features that helped to differentiate it from its competitors. For example, Samsung was one of the first companies to introduce smartphones with large, high-resolution screens, which quickly became a key selling point for its products.
Overall, Samsung's success can be attributed to a combination of its core competencies, its effective international strategy, and its ability to continuously innovate and adapt to changing market conditions. By leveraging these strengths, the firm was able to overtake its competitors and become one of the most successful companies in the global consumer electronics industry.
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What would be the effect if the UDHR and its 30 human rights were broadly known and
enforced?
this is economics/international affairs btw
The effects of enforcing the UDHR and its 30 human rights include:
Reduced repressions and oppressionsEnjoyment of human rightsElimination of injustices.What is the UDHR?The UDHR stands for the Universal Declaration of Human Rights.
The UDHR rights include:
Civil and political rights (the right to life, liberty, free speech, and privacy)Economic, social, and cultural rights (social security, health, and education).Religious freedom (freedom of conscience).The UDHR confers universal jurisdiction on countries to try violators of universal human rights.
Thus, with UDHR, individuals have regained human dignity and the right to humane and fair trials.
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the unemployment rate may overestimate the true extent of unemployment if: question 9 options: people falsely claim that they are actively seeking work in order to receive unemployment benefits. many part-time employees would like to work fulltime, but are unable to get the additional work. many people who claim to be unemployed actually work in the underground economy either b) or c) occurs.
One thing that might lead to the unemployment rate overestimating the true extent of unemployment is people falsely claim that they are actively seeking work in order to receive unemployment benefits.
How is the unemployment rate calculated?When the unemployment rate is calculated, there are people who are not included in this measure. One of those people include those in the underground economy. This means that those who work there are not treated as unemployed. There are also part-time workers. Those who engage in part-time work are considered fully employed by the government.
The only people who go into the unemployment rate are those who are actively looking for work and yet don't have any. This means that if people are not looking for work, but say that they are actively seeking work so they can keep collecting unemployment benefits, they would be causing the unemployment rate to be overestimated.
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A customer buying an unfamiliar product that carries a fair degree of risk would most likely engage in ________ decision making.
Answer:
extended problem solving
Explanation:
A situation where a buyer is buying a product he or she has never bought before hence requires considerable efforts, such is termed extended problem solving. The reason is that a buyer does not have prior experience about the product or the supplier, thereby creating complex buying decisions.
In extended problem solving, buyers evaluate and search for information about products they intend to buy due to the fact that they are not familiar with the products. Here, buyers search for all available information inorder to choose among brands of products they intend to buy; being the first time of purchasing such.
It should be engaged in the cognitive decision-making.
What is cognitive decision-making?It is the decision-making that should be based on processes such as perception, memory, and attention. In the real-life situations, it needs a series of decisions should be made with each and every decision based on the last feedback form.
So at the time when the customer purchased the non-familiar product so it should be engaged in the cognitive decision-making.
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If a person's nominal income increases by 2% while the price level increases by 6%, the person's real income:
If a person's nominal income increases by 2% while the price level increases by 6%, the person's real income increases by 4% (6%- 2%= 4%).
What is real income?Real income is an economic metric that estimates a person's actual purchasing power on the open market after taking inflation into account.
It takes a dollar's worth of economic inflation out of a person's income, which often results in a lower value and less purchasing power.
Real income is the amount of money an organization or person earns after taking inflation into account. When referring to an individual's earnings after accounting for inflation, it is sometimes referred to as real wage.
Earnings that are not adjusted for future changes in inflation rates are referred to as nominal income.
Real GDP serves as a proxy for the actual revenue generated by an economy's output of goods and services. When analyzing production-related phenomena like productivity increase, this metric should be used.
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A bill's supporters in the house of representatives generally prefer ________ while opponents generally prefer ________.
A bill's supporters in the house of representatives generally prefer a closed rule while opponents generally prefer an open rule.
One noteworthy benefit of our bicameral legislative system is the requirement that a proposal be considered and approved opponents by both Houses of representatives in order to become law. Most legislation, whether permanent or temporary, generic or specific, public or private, takes the form of a bill.
This legislative process, in the house of representatives which places a strong focus on the protection of minorities and gives all sides the opportunity to be heard and express their opponents, is one of the most useful protections of the American democratic way of life.
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What is improved oven? in your own words.
Answer:
improved oven means improved cooking
Jaynet spends $30,000 per year on painting supplies and storage space. She recently received two job offers from a famous marketing firm—one offer was for $110,000 per year, and the other was for $80,000. However, she turned both jobs down to continue a painting career. If Jaynet sells 25 paintings per year at a price of $8,000 each,
What are her accounting profits?
What are her economic profits?
With the information stated above, Jaynet's accounting profit is $170,000 annually ($200,000 - $30,000) and her economic profit is $20,000 annually (($8,000 x 25) - $30,000 - $80,000).
What Are The Differences Between Economic And Accounting Profit?Accounting profit is a calculation of a firm's net income or profit after all expenses have been deducted from its revenues. It's a straightforward calculation that only considers explicit costs, such as rent, utilities, and the cost of supplies. Economic profit, on the other hand, is the sum of a company's revenue minus both its explicit and implicit costs. It's a more complex calculation that takes into account the opportunity cost of using resources in one venture rather than another. While accounting profit can be used to assess a company's short-term financial situation, it is frequently considered an inadequate measure of a company's long-term economic viability. Economic profit, on the other hand, can assist businesses in identifying opportunities for growth and optimization.
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The budgeted income statement, budgeted balance sheet, and budgeted statement of cash flows comprise:
the final portion of the master budget.
the depiction of an organization's overall actual financial results.
the first step of the master budget.
the portion of the master budget prepared after the sales forecast and before the remainder of the operational budgets.
the second step of the master budget.
The budgeted income statement, budgeted balance sheet, and budgeted statement of cash flows comprise "the portion of the master budget prepared after the sales forecast and before the remainder of the operational budgets."
The budgeted income statement outlines the expected revenues, costs, and expenses of the organization over a certain period of time. The budgeted balance sheet shows the expected assets, liabilities, and equity of the organization at the end of the budget period. Finally, the budgeted statement of cash flows depicts the expected cash inflows and outflows during the budget period.
Together, these three financial statements provide a comprehensive overview of an organization's financial health and performance for the budget period. They allow managers to evaluate the financial feasibility of their plans and make informed decisions to improve the organization's financial outcomes.
As such, the budgeted income statement, budgeted balance sheet, and budgeted statement of cash flows are critical components of the master budget and play an essential role in guiding an organization's financial planning and decision-making.
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The city has a system of trails, with some intersections between them. In some cases, there is something special at that intersection (e.g., a beach, or a playground). Let’s say that organizations, or group of people, can "book" a path for a walk on a certain date. A path consists of a set of connected trails, including the connecting intersections (anywhere on that path, including the end points). To make sure people are going to stay with their group, you want to make sure that no 2 groups will have access to the same trails. You have received n "booking" requests for a particular day, which contain the path they would like to use. The question is: can we accept k of these requests (where k
We must analyze the paths using graph theory and apply suitable algorithms to determine if k non-overlapping subgraphs exist within the city's trail system. If this condition is met, we can accept k requests and ensure that groups will stay within their designated paths.
In order to determine if it is possible to accept k booking requests for a particular day without any overlapping trails, we must analyze the given path information for each request. The city's trail system has intersections and some points of interest (beaches, playgrounds) that make these intersections more attractive for bookings. A path is defined as a set of connected trails and intersections. In order to maintain group integrity and avoid overlapping usage, no two groups should have access to the same trails. When receiving n booking requests, we must analyze each path and compare them to ensure there are no overlaps in the trails being used. One way to approach this problem is by using graph theory. Each trail can be represented as an edge, and each intersection as a node in the graph. Booking requests can then be mapped onto the graph as subgraphs. The objective is to find k non-overlapping subgraphs within the larger graph that represents the entire trail system. We can use algorithms such as maximum independent set algorithms to determine if k non-overlapping subgraphs exist. If we can find k non-overlapping subgraphs, it means we can accept k booking requests without any groups using the same trails, ensuring a smooth and enjoyable experience for all participants.
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If you invest for a single period at an interest rate of r, your money will grow to ______ per dollar invested.
If you invest for a single period at an interest rate of r, your money will grow to (1 + r) per dollar invested.
How to determine the rate of growth of a single period investmentThe formula for calculating future value of an investment is:
FV = P (1 + r)^n
Where:
FV = Future value P = Present value R = interest rate N = number of yearsFor example, if you invest $100 in an account that earns 10% per annum. The future value is:
$100 X ( 1 + 0.1)
$100(1.1) = $110.
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What are the 3 significant types of insurance that are involved in Marine
insurance
Answer:
Liability Insurance.
Hull Insurance.
Freight Insurance.
20kg of beans at #150/kg are mixed with 15kg of beans at #180/kg , if the mixture is sold at #200/kg , calculate the percentage profit and correct to 3s f
Answer: 18.6%
Explanation:
Cost of 20 kg of beans at #150 per kg is:
= 20 * 150
= #3,000
Cost of 15 kg of beans at #180 per kg is:
= 15 * 180
= #2,700
Total cost is:
= 3,000 + 2,700
= #5,700
Mixing both beans results in a weight of:
= 20 + 15
= 35 kg
This 35kg is sold at #200 per kg so the revenue is:
= 35 * 200
= #7,000
Percentage profit is:
= (Revenue - Cost) / Revenue * 100%
= (7,000 - 5,700) / 7,000 * 100%
= 18.6%
Drag the tiles to the correct boxes to complete the pairs.
Match each term to its description.
Tiles
1) depreciation
2) floating exchange rate
3) appreciation
4) fixed exchange rate
5) managed exchange rate
Pairs
an exchange rate system in which the central bank fixes the value of its currency to another currency
what happens to a currency If demand for a country's goods increases
a hybrid exchange rate system in which the currency
value floats within a limited range of values
decrease in the value of a currency in relation to another currency
an exchange rate system in which the value is set by supply and demand for the currency in the free market
Answer:
See photo
Explanation:
1. Depreciation - decrease in the value of a currency in relation to another currency.
2. Floating exchange rate - an exchange rate system in which the value is set by supply and demand for the currency in the free market.
3. Appreciation - what happens to a currency if demand for a country's goods increases.
4. Fixed exchange rate - an exchange rate system in which the central bank fixes the value of its currency to another currency.
5. Managed exchange rate - a hybrid exchange rate system in which the currency value floats within a limited range of values.
What is depreciation?Depreciation refers to the monetary value of an asset which decreases over time. The decrease may be caused by a number of other factors as well such as unfavorable market conditions etc.
What is the floating exchange rate?A floating exchange rate is an exchange rate system where a country’s currency price is determined by the foreign exchange market, depending on the relative supply and demand of other currencies.
What is Fixed exchange rate?
A fixed exchange rate is an exchange rate where the currency of one country is linked to the currency of another country or a commonly traded commodity like gold or oil. Nowadays, countries usually link their currencies to their trading partners like the United States dollar.
What is Managed exchange rate?
Under the managed exchange rate system, the exchange rate is predominantly determined in the foreign exchange market by supply of and demand for a currency.
Hence, the answer was given and explained above.
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how do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Answer:
open fridge!!!
Explanation:
STEP 1: open fridge
STEP 2: find the egg then grab with hand!!!!!!!!
(Its really hard!!)
chris is a sales associate working under a broker. after working under the same broker for five years, chris decides to leave his current broker for a new broker. when chris leaves, he also decides to take two existing listings he was working on. has chris violated any agency laws?
Chris and his former broker, as well as any applicable agency laws in the jurisdiction where Chris is working.
Has Chris violated any agency laws?If Chris had an agreement with his former broker that specifically stated he could not take listings with him if he left, or if there are agency laws in his jurisdiction that prohibit sales associates from taking listings with them when they change brokers, then Chris may have violated agency laws by taking the two listings.
However, if there were no such restrictions in place and Chris did not breach his fiduciary duty to his former broker by sharing confidential information about the listings or using his position at the broker to compete unfairly, then he may not have violated any agency laws by taking the listings with him.
Ultimately, the specifics of Chris's situation and the applicable laws and agreements would need to be examined to determine whether or not he violated agency laws.
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XYZ Company currently has the following capital structure Amount (in millions) $18.5 $3.2 $10.8 Source Common Stock Preferred Stock Debt In addition, you have the following information. The last common stock dividend paid by the company was $2.40 and this dividend is expected to grow at a constant 6 percent rate. The price of a share of common is currently $30. The annual preferred stock dividend is $6 and the price of a share of preferred stock is $60. The company's debt is all from a single issue of bonds, with each bond currently selling for $901.82. The bonds have a 20-year maturity and a coupon rate of 7 percent. (Assume semi-annual payments for the bonds). Tax-rate is 40%. 1. 2. Calculate the weights in this capital structure for common stock, preferred stock, and debt. Calculate the required rate of return (yield-to-maturity) on the bonds (before tax cost of debt) Calculate the required rate of return on preferred stock Calculate the required rate of return on common stock Calculate the WACC 3. 4. 5.
Answer:
Common Stock: 56.7%, Preferred Stock: 9.8%, Debt: 33.5%. Rate of return (yield-to-maturity) on the bonds (before tax cost of debt): 3.58%. Rate of return on preferred stock is 10%. Rate of return on common stock: 9.1%. WACC: 9.44%
Explanation:
The weights in the capital structure can be calculated as follows:
Common Stock: $18.5 million / ($18.5 million + $3.2 million + $10.8 million) = 0.567 or 56.7%
Preferred Stock: $3.2 million / ($18.5 million + $3.2 million + $10.8 million) = 0.098 or 9.8%
Debt: $10.8 million / ($18.5 million + $3.2 million + $10.8 million) = 0.335 or 33.5%
To calculate the yield-to-maturity on the bonds (before tax cost of debt), we need to use the following formula:
\(PV = (C / 2) / (1 + r / 2) + (C / 2) / (1 + r / 2)^2 + ... + (C / 2 + F) / (1 + r / 2)^n\)
Where PV is the present value of the bond, C is the coupon payment, r is the yield-to-maturity, F is the face value, and n is the number of periods.
In this case, we have:
PV = $901.82
C = 0.07 x $1,000 / 2 = $35
F = $1,000
n = 20 x 2 = 40
Solving for r using a financial calculator or spreadsheet software, we get:
r = 3.58%
Therefore, the yield-to-maturity on the bonds (before tax cost of debt) is 3.58%.
The required rate of return on preferred stock can be calculated using the following formula:
Rp = Dp / Pp
Where Rp is the required rate of return on preferred stock, Dp is the annual preferred stock dividend, and Pp is the price of a share of preferred stock.
In this case, we have:
Rp = $6 / $60 = 0.1 or 10%
The required rate of return on common stock can be calculated using the capital asset pricing model (CAPM) as follows:
Rc = Rf + βc x (Rm - Rf)
Where Rc is the required rate of return on common stock, Rf is the risk-free rate, βc is the beta of the common stock, and Rm is the market return.
In this case, we have:
Rf = 2.5% (Assumed risk-free rate)
βc = 1.2 (Assumed beta based on industry average)
Rm = 8% (Assumed market return)
Rc = 2.5% + 1.2 x (8% - 2.5%) = 9.1%
Therefore, the required rate of return on common stock is 9.1%.
The weighted average cost of capital (WACC) can be calculated using the following formula:
\(WACC = (wE * Cost of Equity) + (wP * Cost of Preferred Stock) + (wD * Cost of Debt) * (1 - Tax Rate)\)
where,
wE = proportion of common equity = $18.5 / ($18.5 + $3.2 + $10.8) = 0.5772
wP = proportion of preferred stock = $3.2 / ($18.5 + $3.2 + $10.8) = 0.1013
wD = proportion of debt = $10.8 / ($18.5 + $3.2 + $10.8) = 0.3215
Tax Rate = 0.40
\(WACC = (0.5772 * 0.1416) + (0.1013 * 0.10) + (0.3215 * 0.03874) * (1 - 0.40)\)
= 0.0944 or 9.44%
Therefore, the WACC of XYZ Company is 9.44%.
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Henry, a trainer at MyChem Inc., schedules training on handling hazardous chemicals for a group of newly hired employees. The training complies with OSHA regulations and is given to all employees upon hire along with periodic refreshers. The type of training described in this scenario is _____.
Answer:
Hazard Communication Standard (HCS) training program
Explanation:
The type of training described in this scenario is known as the Hazard Communication Standard (HCS) training program. This is a employee training program designed with the goal of explaining and reinforcing the written information regarding hazard labels and material safety data sheets, as well as how to behave around hazardous material and to apply this information to their workplace.
What are the differences between an increase in quantity of an economy's factors of production and an increase in the quality of an economy's factors of production?
Answer:
All factors have their own role to produce any item or service. We need four factors.
Land( a specified place)
labor
capital( money or equipment)
Entreprenuer( owner or manager who can take independent decisions)
There are many other invisible factors which can be added in above four important factors.
So any big or small factor contributes in making any product.
Explanation:
What's the difference between product and brand?
Answer:
A product is made by a company and can be purchased by a consumer in exchange for money while brands are built through consumer perceptions, expectations, and experiences with all products or services under a brand umbrella. For example, Toyota's product is cars. ... Without a product, there is no need for a brand.
What are some of the payoffs companies receive when offering child care benefits to employees?
Answer:
When an employer provides child care for its employees, both will benefit. The benefits that employers obtain are generally:
Child care is extremely important for working parents and it might be the difference between taking or staying on a job or working somewhere else. Companies that provide child care have lower employee churn, specially for working parents. Employees tend to be more productive since they are happier and have less things to worry about (specially child security and child care costs).Employees feel better about their employees and they tend to believe that the employer actually cares for them and their families. I'm sure there are many more, so etc.With reference to high-technology industries, which of the following statements is true about technical standards? They emerge because there are economic benefits associated with them. They cause compatibility problems between products and their complements. They often result in higher production costs. They can create a lot of confusion in the minds of consumers. They increase the risks associated with supplying complemeitary products.
Technical standards in high-technology industries emerge due to associated economic benefits, promoting interoperability, reducing production costs, and driving innovation and market growth.
The statement that is true about technical standards in high-technology industries is that "they emerge because there are economic benefits associated with them.
Technical standards play a crucial role in promoting interoperability and compatibility among products within an industry. They help establish common guidelines, specifications, and protocols that enable seamless communication and integration between different products and technologies.
By setting uniform standards, companies can achieve economies of scale, reduce production costs, and enhance efficiency in the development and adoption of new technologies.
Technical standards facilitate innovation, encourage competition, and drive market growth by enabling a broader range of products to work together effectively.
While compatibility issues and confusion may arise during transitions to new standards, overall, technical standards serve as a foundation for progress and economic benefits in high-technology industries.
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aaa towing service is clssified as
AAA towing service can be classified as an emergency service which is designed to give speedy and dependable assistance in times of need.
Emergency services are intended to provide rapid support in cases of urgent and unexpected need. AAA towing service is often employed when a vehicle unexpectedly breaks down or is involved in an accident and the motorist requires immediate assistance to get their automobile to a repair shop or a safe area.
People do not often seek out or plan to use the service in advance because they do not anticipate needing a tow truck or roadside help. It is, rather, a service that is needed when an unforeseen occurrence occurs.
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The following question may be like this:
AAA towing service can be classified as:
unsoughtemergencyconvenienceshoppingspecialtyAAA towing service is classified as an emergency roadside service provider. They offer a wide range of services that include tire changes, battery jumps, lockouts, fuel delivery, and towing services.
AAA is a membership-based organization that provides its members with peace of mind while on the road by offering 24/7 assistance in case of a breakdown or accident.
AAA is renowned for its quick response time and quality customer service. They have a network of certified and licensed towing professionals who are available to assist members whenever and wherever they need help.
AAA towing service is a reliable and trusted provider, and their membership benefits go beyond just emergency roadside assistance.
They also offer travel discounts, insurance services, and other member perks that make their services even more valuable.
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a potential transaction, the set of factors each party weighs when considering it, is called: the value polemic. the value preposition. the value proposition. the value preparation.
The correct answer is option (c). A potential transaction, the set of factors each party weighs when considering it, is called The value proposition
What is Potential transaction?Potential Transactions include mergers, acquisitions, dispositions, partnerships, joint ventures, strategic alliances, ownership, partial ownership, lender-borrower relationships, and relationships with any party that have a considerable amount of control or influence. An executed contract between a buyer and a seller to trade products, services, or financial assets in exchange for money is known as a transaction.
The phrase is also frequently used in business accounting. This straightforward description might be challenging in corporate bookkeeping. paying a supplier for products or services received. purchasing a property that was previously owned by a seller by paying the seller with cash and a note. paying a worker for the hours they put in.
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The complete question is:
a potential transaction, the set of factors each party weighs when considering it, is called:
a. the value polemic.
b. the value preposition.
c. the value proposition.
d. the value preparation.
In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
Although general administration is often viewed only as overhead expense, it can become a source of competitive advantage. Examples include all of the following EXCEPT A. negotiating and maintaining ongoing relations with regulatory bodies. B. effective information systems contributing significantly to a firm's overall cost leadership strategy. C. marketing expertise increasing a firm's revenues and enabling it to enter new markets. D. top management providing a key role in collaborating with important customers.
Although general administration is often seen as an overhead expense, it can contribute to a firm's competitive advantage. The correct answer is option b.
Effective information systems, marketing expertise, and top management's collaboration with important customers can all provide a competitive edge. For example, effective information systems can help a firm achieve cost leadership by improving operational efficiency and reducing costs.
Marketing expertise can help a firm increase its revenues and enter new markets. Top management's collaboration with important customers can help the firm build stronger relationships and gain valuable insights into customer needs and preferences.
However, negotiating and maintaining ongoing relations with regulatory bodies may not necessarily contribute to a firm's competitive advantage, as it is more of a legal and compliance issue rather than a strategic business activity.
The correct answer is option b.
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given your answer to the question in part a and the spot gold value of $1,929/ozt, what is the gold worth (in usd) from 1 ton of the nevada ore?
Spot value is the current price of gold is expressed in terms of gold. It serves as the benchmark price at which an ounce of gold may currently be purchased or sold everywhere in the globe.
What is spot value?The most accurate way to determine a security's present value is to look at its current price, which is the most recent selling price of any stock, currency, good, or precious metal that is traded on an exchange.
Market value is another name for the current price. It is the last traded price for a share of stock or any other security. The present price serves as the starting point in an open market.
It shows the price that a buyer and seller would be prepared to accept for a subsequent transaction involving that security. Using the current value accounting approach, assets are valued at their replacement cost rather than their initial cost.
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Jose only car not payment of $436 and a credit card payment of $50 every month. What is the minimum amount of money he must take home every month to avoid being in danger of credit overload
The minimum amount of money he must take home every month to avoid being in danger of credit overload is $2430. This is further explained below.
What is the minimum amount of money he must take home every month to avoid being in danger of credit overload?Generally, The information provided in the question indicates that Jose's monthly expenditures total at least $486 ($436 for the payment on the auto loan and $50 for the monthly payment on the credit card). It is important to include certain additional costs relating to the residence, such as food, which when added together result in $2430; hence, it is the response that is right.
In conclusion, The bare minimum amount of cash that he needs to bring home each month in order to minimize the risk of having an excessive amount of debt is $2,430.
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Question 26 Listen A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 7.9% commission and incur $645,000 in fixed costs, while an internal sales force has fixed costs projected at $2,080,000 and would receive 3.0% commission. At what sales volume would the manufacturer be indifferent between the two alternatives? Report your answer in dollars. Your Answer: Answer Question 27 4) Listen ► A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 8.8% commission and incur $600,000 in fixed costs, while an internal sales force has fixed costs projected at $1,750,000 and would receive 3.3 % commission. Assume that sales revenue is double the breakeven volume or the point at which the manufacturer would be indifference between reps and an internal sales force. At this volume, how much would the manufacturer save, assuming the company had switched to an internal sales force? Report your answer in dollars. Your Answer:
The manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29. The savings achieved by switching to an internal sales force at double the breakeven volume can be calculated using the provided cost estimates.
To determine the sales volume at which the manufacturer would be indifferent between manufacturers' representatives and an internal sales force, we need to equate the costs of both options.
For the manufacturers' representatives:
Total cost = Commission + Fixed costs
Total cost = 7.9% of sales + $645,000
For the internal sales force:
Total cost = Commission + Fixed costs
Total cost = 3.0% of sales + $2,080,000
To find the sales volume, we set the total costs of both options equal to each other:
7.9% of sales + $645,000 = 3.0% of sales + $2,080,000
Subtracting 3.0% of sales from both sides gives:
4.9% of sales + $645,000 = $2,080,000
Subtracting $645,000 from both sides gives:
4.9% of sales = $2,080,000 - $645,000
4.9% of sales = $1,435,000
Dividing both sides by 4.9% gives:
sales = $1,435,000 / 4.9%
sales ≈ $29,285,714.29
Therefore, the manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29.
For the second question, we need to find the savings achieved by switching to an internal sales force at double the breakeven volume.
Assuming the breakeven volume is the sales volume at which the manufacturer would be indifferent, which is $29,285,714.29, we can calculate the savings.
Savings = Total cost with manufacturers' reps - Total cost with internal sales force
Savings = (8.8% of sales + $600,000) - (3.3% of sales + $1,750,000)
At the breakeven volume, the sales would be $29,285,714.29:
Savings = (8.8% of $29,285,714.29 + $600,000) - (3.3% of $29,285,714.29 + $1,750,000)
Calculating this equation will give the amount saved by switching to an internal sales force.
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Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!
What is a likely result of an increase in trade between nations?
A. It will provide consumers with more choice at lower prices.
B. It will increase the cost of goods due to increased competition.
C. It will lower the standard of living in the weaker trade nation.
D. It will restrict the market for domestic products.
Answer:
The answer is A. It will provide consumers with more choice at lower prices.
Explanation:
Option (a), which will give customers more choices at a reduced cost, is the best choice.
What is a likely outcome of an increase in international trade?Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.
Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.
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Cindy Haskins is paid $9.00 an hour. Her overtime rate is 2 times (double time) her regular hourly rate. This week Haskins worked her regular 40 hours plus 8 hours of overtime. What is her total pay?
Her entire compensation is $504.
The term "total pay" means what?Total Pay is the sum of a worker's regular straight-time pay or base salary plus any additional wages received for overtime, shift differentials, incentive pay, bonuses, and other special payments.
The following formula will be used to determine Cindy Haskins' total compensation:
Hourly Payment per hour= $9.00
Hours worked= 40 hours
Payment = 40 X 9 = $360
Overtime payment per hour = $9.00 X 2= $18
Overtime = 8 hours
Payment = 18 X 8= $ 144
Total Payment= $360 + $144= $504
How do you figure up total pay?The number of hours worked multiplied by the hourly wage of an employee is how gross wages for hourly workers are determined. For instance, if a worker does 25 hours per week of part-time employment at a wage of $12, their gross compensation would be $300 (25 x $12 = 300).
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