Answer:
Explanation:
Estimate quantities and resources correctly to.
What do you think are the most important components of budgeting? Why?
Answer:
I would have to say figuring out ur cash flow where its going after u earn it and making sure u keep track of ur savings
Explanation:
two benefits of good customer service
tomsm's Investment account at his bank has compounding Interest. He Isn't sure if this is a positive thing for his investment. What is the BEST advice you can offer Tom? OA. Ask your bank to compound the interest less frequently. OB. Withdraw your investment immediately because compounding Interest is a scam. OC. Invest in a bank that doesn't offer compounding Interest so there is less risk. OD. Keep your account open and you will earn more on Interest you've already earned. Reset Next reserved.
Answer: Keep your account open and you will earn more on Interest you've already earned
Explanation:
Since Tom's investment account at his bank has a compounding interest, the best advice that'll be offered to Tom is to keep the account open and he will earn more on Interest than what he has already earned.
It should be noted that compound interest makes ones money grow faster. The reason for this is due to the fact that the interest is calculated based on the accumulated interest that the individual has earned over time and the original principal.
Therefore, it isn't advisable for Tom to withdraw his money or ask the bank to compound the interest less frequently but rather, he should keep the account open as he'll earn more interest.
T/F The highest amount of online advertising spending is for online video ads.
The given statement is true, i.e., The highest amount of online advertising spending is for online video ads.
In the past few years, online advertising has gained a significant presence in the advertising industry. Online advertising has grown to become an essential part of the marketing and advertising sector.The highest amount of online advertising spending is for online video ads.
Due to the growth in the use of the internet and social media platforms, people have become more comfortable with online ads. Therefore, businesses have invested heavily in online ads to attract their target audience.
Online video ads have proven to be an effective way of marketing and promoting a brand. Due to the rise in the use of social media, videos have become an essential tool in marketing. Online video ads are easy to share, have the ability to be viral, and engage the audience.
As a result, businesses are willing to pay a higher amount for online video ads. Online video ads have a higher ROI (Return on Investment) when compared to other online ads. Hence, the highest amount of online advertising spending is for online video ads.
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Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.
Answer:
FALSE
Explanation:
THIS IS THE COMPLETE QUESTION
Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"
Random Variation can be regarded as
tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.
a. accounts payable b. cash c. common stock d. accounts receivable e. rent expense f. service revenue g. office supplies h. dividends i. land j. salaries expense
The different accounts and their classification are listed below
:a. Accounts Payable: It is a liability account that records the amount the business owes to creditors.
b. Cash: It is an asset account that reflects the amount of currency and coins on hand as well as in the bank.
c. Common Stock: It is a shareholders’ equity account that represents the amount of money the business owes to its owners.
d. Accounts Receivable: It is an asset account that reflects the amount that the business owes to its creditors.
e. Rent Expense: It is an expense account that records the amount of rent paid by the business for the use of land, building, or equipment
.f. Service Revenue: It is an income account that reflects the total amount of money that the business has earned from rendering services.
g. Office Supplies: It is an asset account that reflects the amount of supplies that the business has on hand.h. Dividends: It is a shareholder’s equity account that records the money paid to shareholders.i. Land: It is an asset account that represents the value of land owned by the business
j. Salaries Expense: It is an expense account that records the amount of salaries paid by the business to its employees.
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3. Describe two real or made up situations in the workplace when you would need to use
speaking skills. (1-2 sentences. 2.0 points)
In order to reduce conflict, speaking skill, is the skill that helps to settle a disagreement or conflict between two parties, or amount group of people.
Why speaking skills is essential in workplace?
No company has stated in his vision or mission, to keep a zero conflict among staff, because it is believed that every workers and staff of the company is disciplined and should focus on why the company has hired him or her.
But on the other hand, conflict among workers in a company has been on increase. Because people differs so their ideology differs too. Conflict may not only be when a worker yells at a co worker, it can also be an argument between workers.
It is difficult to find a company made of more than 10 workers with out conflict among co workers, the conflict could be envy or side talks.
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Competitive rivalry based solely on____is destructive to firms as it transfers most of the value created in the industry to the customers. a) price-cutting.b) new product releases.c) promotional campaigns.d) product differentiation.
Answer:
a) price-cutting
Explanation:
Due to the cutting in prices of the product for the competitive rivalry it creates a destructive to a firm as it transforms most of the values that are developed to the industry to the customers
The other factors like the introduction of the new product, promotional campaigns, product differentiation does not have made any destructive
Therefore the correct option is B.
What is the WORST thing for a physical learner to do while studying?
Exercise
Role-play
Sit still at a desk
Tap a pencil
Answer:
Exercise
Explanation:
According to the box "Outline of a Comprehensive Business Plan," it is reasonable to assume that a quality business plan will take
Multiple Choice
O
O
O
at least six months
over a year
around one or two weeks
about two months
to generate. T
As stated in the box "Outline of a Comprehensive Business Plan," a quality business plan should take around two months to generate. Thus, Option D is correct.
A quality business plan typically takes about two months to generate, as it requires careful research, analysis, and planning of various aspects of the business, including its market, competition, financial projections, and management structure. However, the time required to develop a business plan can vary depending on the complexity of the business, the availability of information, and the resources available to the entrepreneur or team developing the plan.
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governments promote and regulate natural monopolies in order to:
(A) Take on the costs of providing essential services.
(B) Maximize profits on goods that all citizens buy.
(C) Discourage new businesses from forming
(D) Compete with the private sector producing consumer goods.
Answer: A
Explanation: take on the costs of providing essential services
Governments promote and regulate natural monopolies in order to take on the cost of providing essential services. Therefore, option A is the correct option.
What are essential services?Essential services are those services that are provided by the government at a low cost or no cost at all. Such services are basic and essential in nature at the same time. The services are basic, such as hospital and medical care, education, food, and water, and so on.
The reason behind the monopoly of the government on essential goods is the welfare of the citizens and not profit-making like private organizations. Natural monopolies are encouraged and regulated by governments in order to cover the expense of providing important services. As a result, choice A is the best one.
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in perpetual inventory systems, inventory errors commonly arise from careless oversight of physical counts.
To address inventory errors from careless oversight in perpetual inventory systems: conduct regular audits, provide staff training, establish clear procedures, leverage technology, and monitor errors for prompt corrective actions.
To address inventory errors arising from careless oversight of physical counts in perpetual inventory systems:
1. Implement Regular Audits: Conduct frequent physical audits to compare physical inventory with recorded quantities, identifying and correcting any discrepancies.
2. Enhance Staff Training: Provide comprehensive training to employees involved in inventory management, emphasizing accurate record-keeping and proper counting procedures.
3. Establish Clear Procedures: Develop standardized operating procedures for inventory management, including guidelines for physical counts, ensuring consistency and reducing errors.
4. Embrace Technology: Integrate barcode scanners, RFID systems, or automated inventory management software to streamline counting processes, minimize human error, and enable real-time updates.
5. Monitor Errors and Take Action: Establish a system to track and investigate inventory errors, promptly addressing discrepancies and implementing corrective actions to prevent future occurrences.
By implementing these measures, businesses can improve inventory accuracy and mitigate errors resulting from careless oversight during physical counts.
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jesse would like to start a landscaping company that concentrates on using native plants. the feasibility study showed a need for $100,000 to start the company (she has $10,000), competition of three other companies (one concentrated on using native plants), and buyers who were predominantly 60 years or older (who loved yard work). which statement is true?
The true statement based on the given information is that there is competition from three other companies, one of which is focused on using native plants.
Based on the given information, the true statement regarding Jesse's plan to start a landscaping company that concentrates on using native plants is:
"There is competition from three other companies, one of which is concentrated on using native plants."
The feasibility study reveals that Jesse's landscaping company will face competition from three other companies. Among these competitors, one company specifically focuses on using native plants. This indicates that there is an existing market for native plant landscaping services, as one of the competitors recognizes the value and demand for this niche.
The presence of competition can be seen as both a challenge and an opportunity. On one hand, it suggests that Jesse's company will need to differentiate itself from the existing competitors and offer unique value propositions to attract customers. On the other hand, competition can also indicate that there is a demand for native plant landscaping services, which validates the potential market for Jesse's business.
Additionally, the information mentions that the target buyers for the landscaping services are predominantly 60 years or older, and they love yard work. This demographic preference provides valuable insights into the potential customer base and their interests. Understanding the target audience allows Jesse to tailor her marketing efforts and service offerings to cater to their specific needs and preferences.
However, it's important to note that the given information does not provide any indication regarding the availability of financing for the remaining $90,000 needed to start the company. This aspect would need further exploration and consideration in terms of funding options or potential investors.
In summary, the true statement based on the given information is that there is competition from three other companies, one of which is focused on using native plants. This underscores the need for Jesse's company to differentiate itself while also indicating a market demand for native plant landscaping services.
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As a factor of production, oil reserves are counted as:
A.) renewable resource and a part of capital
B.) nonrenewable resource and part of capital
C.) renewable resource and part of land
D.) nonrenewable resource and a part of land
As a factor of production, oil reserves are counted as a renewable resource and part of land. Hence, option C is correct.
What is a renewable resource?Renewable resources cannot run out within the lifespan of a person, whereas nonrenewable resources can. Crude oil is an illustration of a non-renewable resource. Natural reserves will continue to shrink as long as crude oil is continuously mined, making it harder and more expensive to find.
However, because they are constantly replenishing themselves, renewable resources cannot run out. An illustration would be the sun and wind, whose energy may be used to power buildings and residences.
Thus, option C is correct.
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1. What area of law protects the sale of a home?
common law
contract law
statutory law
criminal law
2. With respect to a contract, what does the term “consideration” mean?
Both parties agree to be considerate to one another.
Something of value must be exchanged between the parties.
One party offers valid terms, and the other party accepts those terms.
The terms of the contract are enforceable.
3. Which system of law is a complete set of rules enacted as a single written system or code?
common law
administrative law
civil law
statutory law
1 contract law
2 Something of value must be exchanged between the parties.
3 civil law
Why is the law important?
Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.
How many kinds of Laws?
Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.
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Estimated total manufacturing overhead costs $750,000
Actual total manufacturing overhead costs $ 765,000
Estimated machine hours 200,000 hours
Actual machine hours 198,000 hours
1. Using the information provided by Amilmar Inc., calculate the predetermined overhead rate. Amilmar has determined machine hours to be the appropriate cost driver to allocate overhead costs.
a. $3.79.
b. $1.02.
c. $3.75.
d. $3.86.
2. Amilmar Inc. has provided this information regarding its overhead costs. It has determined machine hours to be the appropriate cost driver to allocate overhead costs. What will be the total overhead costs applied during the year?
a. $750,000.
b. $765,000.
c. $742,500.
d. $772,727.
The predetermined overhead rate and Applied over costs are $3.75 per machine hour and $742,500
What is predetermined overhead rate?A predetermined overhead rate is an allocation rate that is used to apply the estimated cost of manufacturing overhead to cost objects.
Predetermined overhead rate
= estimated total manufacturing overhead costs / estimated machine hours
= 750,000 / 200000
= $3.75 per machine hour
Applied overhead costs
= Actual machine hours * predetermined overhead rate
= 198,000 * 3.75
= $742,500
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the passage most strongly suggests that researchers at the martin prosperity institute share which assumption? a) employees who work from home are more val
Employees who commute are shortened will use the time saved to do additional productive work for their employees.
The correlation between overall work productivity and time management and organizational skills is common. You may have a better chance of creating and improving your product output if you put productivity-enhancing strategies into practice. Time management is just one of the methods you can employ to boost your output. You can also use organizational techniques like setting your tasks' priorities in accordance with their importance and urgency.
Additionally, concentrating on one task at a time until it is finished can help you become more productive because when you do this, you set one goal at a time rather than many. You'll be encouraged by this to finish one task before moving on to the next one.
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Which is NOT an effective way to build relationships with your co-workers?
'Find one or two co-workers you can complain to' is not an effective way to build relationships with your co-workers. The right answer is b.
Workplace relationships are personal bonds formed between coworkers. It is advantageous for the organisation as a whole and for the morale and wellbeing of the staff to have employees that get along well with one another. When working on a project together, coworkers who get along well with each other are more likely to produce quality work.
Respected coworkers can inspire you to work at the top of your game, and open lines of communication can make all of your tasks run more smoothly. Employees' total productivity is frequently correlated with their psychological well-being. The ability to think creatively can be sparked by having positive interactions with your coworkers.
The correct answer is option b.
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The question seems incomplete. The complete question is:
Which is NOT an effective way to build relationships with your co-workers?
Ask your co-workers about their role, skills, and goals.
Find one or two co-workers that you can complain to.
Find reasons to praise or compliment your co-workers for good work.
Be curious about your co-workers' lives and passions.
Frida is an employee of Green Recycled Products Company. A state statute protects Frida from Green's retaliation if Frida reports to state officials, or others, that Green is involved in unsafe or illegal activity. With respect to the employment-at-will doctrine, this is: Group of answer choices an exception based on public policy. an exception based on tort theory. an exception based on contract theory. an example of the doctrine.
With respect to the employment-at-will doctrine, the situation you described, where Frida is protected from Green's retaliation for reporting unsafe or illegal activity, is considered an exception based on public policy. Option A is correct.
The employment-at-will doctrine is a legal principle that states that an employment relationship can be terminated by either the employer or the employee at any time, with or without cause, as long as there is no violation of a contract, statutory law, or public policy.
In this case, the state statute protects Frida from retaliation by Green Recycled Products Company if she reports unsafe or illegal activity to state officials or others. This exception is based on public policy, as it aims to encourage employees to report unlawful or unsafe practices without fear of retaliation.
The state recognizes the importance of protecting whistleblowers who act in the public interest by disclosing illegal or unsafe activities.
Therefore, a is correct.
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what are some strategies that you can use to prepare to file taxes each year? What would be he benefits of these strategies?
Strategies which can be used to prepare for filing taxes each year are by keeping a proper record of expenses and receipts by filling them out, sorting out each piece of documentation that will be required at the time of filing tax, and one can create folders and sub-folders also.
The benefits of these strategies are:
It will help in avoiding added penalties or interests.
It will keep track of future refunds.
A portion or the entire refund can be used to pay back any owed taxes, among other things.
What is tax filing?"Tax filing" or "tax return" means filing a document with a tax authority. In that document, reports about income, expenses, and information about other financial activities are filled in.
Filing a tax return is entirely dependent on income. There are certain guidelines within which one can file a tax.
Therefore, with the usage of strategies, one can prepare tax file each year.
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best practice in managing supply cost savings includes a formal process to validate the savings with finance/accounting and evaluate potential changes to the budget. true or false
A formal process for validating the savings with finance/accounting and evaluating potential budget changes is the best practice in managing supply cost savings. This is correct.
What is accounting and why is it important?Accounting is the measurement, processing, and dissemination of financial and non-financial information about economic organizations such as businesses and corporations. Accounting, sometimes known as the "language of business," measures and conveys the consequences of an organization's economic activities to a diverse set of stakeholders such as investors, creditors, managers, and regulators.
Accounting includes financial accounting, managerial accounting, tax accounting, and cost accounting. Financial accounting is concerned with the reporting of an organization's financial information to external consumers of information, such as investors, regulators, and suppliers, as well as the preparation of financial statements.
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Which of the following is NOT a question economists use?
a.For whom?
b. How productive?
c. How to produce
d. What to produce
Answer:
A. For whom?
Explanation:
Production is all they care about
Which view is used to enter data into an Access table by default?
Datasheet
Grid
Design
Layout
The answer is Datasheet.
What is the datasheet view?A web datasheet view in an Access app displays online data arranged in rows and columns in a web browser. It can allow data edits or not, as you prefer. When you create a web datasheet view in Access, it opens in Design View, where you can set the record source.
Which view is used to display the data of the table?In relational databases, data is structured using various database objects like tables, stored procedures, views, clusters, etc. This article aims to walk you through 'SQL VIEW' – one of the widely-used database objects in SQL Server.
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Following the logic of Porter's Five Forces of Competition, discuss two cases (companies/industries) in which buyer power has reduced industry profitability through driving down prices, demanding better quality or more service. In the answer, please name the two cases and describe the mechanisms through which buyers have exercised their bargaining power.
Buyer power has reduced industry profitability in the smartphone and retail industries by driving down prices, demanding better quality, and requiring more service.
According to Porter's Five Forces of Competition, buyer power can impact industry profitability by driving down prices, demanding better quality, or more service. Two cases where buyer power has reduced industry profitability are the smartphone industry and the retail industry.
In the smartphone industry, buyers have significant bargaining power. They have access to a wide range of options and can easily switch between brands. As a result, buyers can demand lower prices and better quality. For example, when Apple released the iPhone X with a high price tag, buyers expressed their dissatisfaction and demanded more affordable options. To retain market share, Apple had to respond by offering lower-priced models like the iPhone SE.
Similarly, in the retail industry, buyers have a high level of bargaining power due to their ability to compare prices and products easily. This drives down prices and forces retailers to offer better quality and more service to differentiate themselves. For instance, with the rise of e-commerce, buyers can easily compare prices across different online retailers. To remain competitive, retailers like Walmart and Amazon have to offer competitive prices and provide excellent customer service to attract buyers.
In both cases, buyer power has reduced industry profitability by pressuring companies to lower prices, improve quality, and offer more services to meet buyer demands.
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A company acquires land for $150,000 cash. Additional costs are as follows: Removal of shed, $200 Filling and grading, $2,000 Salvage value of lumber of shed, $80 Broker commission, $5,000 Paving of parking lot, $15,500 Closing costs, $1,200. The company should record the acquisition cost of the land as
The company should record the acquisition cost of the land as: $150,000 (cash paid) + $200 (removal of shed) + $2,000 (filling and grading) + $1,200 (closing costs) = $153,400.
The acquisition cost of the land should include all costs that are directly related to its acquisition and preparation for its intended use.
In this case, the company paid $150,000 cash to acquire the land, and additional costs of $200 for the removal of the shed, $2,000 for filling and grading, and $1,200 for closing costs should be included in the acquisition cost.
However, the salvage value of the lumber of the shed and broker commission are not considered part of the land acquisition costs since they are related to the disposal of the shed and the services of a broker, respectively. The cost of paving the parking lot is considered a cost related to improving the land, but it is not part of the land acquisition cost since it is considered a separate asset.
Therefore, the company should record the acquisition cost of the land as:
$150,000 (cash paid) + $200 (removal of shed) + $2,000 (filling and grading) + $1,200 (closing costs) = $153,400.
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when purchase costs are (rising/declining) , lifo will report the lowest cost of goods sold yielding the highest gross profit and net income.
When purchase costs are declining, LIFO (last-in, first-out) will report the lowest cost of goods sold, yielding the highest gross profit and net income.
LIFO stands for last-in, first-out, and it is a method of accounting for inventory costing. The last goods obtained are the first to be sold under this approach. As a result, the value of inventory on the balance sheet is based on the oldest inventory items.
LIFO has a big effect on the cost of goods sold and, as a result, net income. When purchase costs are increasing, LIFO will report the highest cost of goods sold and the lowest gross profit, lowering net income. When purchase costs are decreasing, however, LIFO will report the lowest cost of goods sold and the highest gross profit, raising net income. Therefore, when purchase costs are declining, LIFO will report the lowest cost of goods sold, yielding the highest gross profit and net income.
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Which of the following is an example of a scenario that could benefit from Flash software? ( business & technology )
A.
Emily would like to add a survey to her website so she can get feedback from visitors.
B.
Jamie would like to test out different font sizes and styles to choose ones for her website.
C.
Taylor would like to learn which colors would be most effective to use on her website.
D.
Ethan would like to digitally store pictures to eventually upload to his website.
Answer:
D. Ethan would like to digitally store pictures to eventually upload to his website.
\(\)
Explanation:
The scenario that could benefit from Flash software is option D.
D. Ethan would like to digitally store pictures to eventually upload to his website.
Flash software, specifically Adobe Flash, was commonly used for creating and displaying multimedia content on websites, including animations, interactive elements, and video playback. In the past, Flash was often used for image galleries and image-based slideshows, which could be relevant to Ethan's goal of digitally storing pictures for later uploading to his website.
However, it's important to note that as of my knowledge cutoff in September 2021, Adobe has announced the end of support and discontinuation of Flash Player by the end of 2020. This decision was made due to the shift towards open web standards and the emergence of more secure and efficient technologies. Therefore, it's recommended to explore alternative solutions for image storage and display, such as using HTML, CSS, and JavaScript.
Investor presentations of ________ provide an opportunity for discussions to take place regarding the continuing corporate performance on ________ value creation story and a ________ value creation plan.
a) short-term plans; short term; short term
b) short-term plans; long term; long term
c) long-term plans; short term; long term
d) long-term plans; long term; long term
Discussions on the ongoing corporate performance on a long-term value creation story and a long-term value creation strategy can be had during investor presentations of long-term plans.
We urge leaders to prioritize long-term value creation as a starting point when trade-offs need to be made because of the advantages it brings for resource allocation and economic health. Consider your staff members to be stakeholders.
Due to their managerial expertise in fields like planning, budgeting, purchasing, and human resource management, these companies bring value. enabling the business to concentrate its efforts on more desirable possibilities.
The main objective of a corporation is to maximize short-term gains for all of its stakeholders. When a business examines its stakeholders and its mission statement as well as competitors,
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Gives details about the firm’s sales, costs, and profits for the past accounting period.
Financial statements are used by the management of an organization to convey a picture of the organization's current financial position. These statements are used to provide stakeholders with information about a company's assets, liabilities, and equity.
The Profit and Loss Statement, also known as an income statement, summarizes a firm's sales, costs, and profits for a specified period. It is the report that reflects a company's financial performance over a specified period. It is also the only document that offers information about income and expenses over the financial period.A P&L statement is designed to provide a clear understanding of an organization's financial results and revenue-generating activities. It is a financial statement that reports an organization's revenues and expenses over a specified period.
A P&L statement is broken down into several different categories, including operating costs, sales revenue, and other sources of income. A company's P&L statement will offer important insights into how profitable the organization is, which will help stakeholders make informed decisions. It also indicates the firm's total revenue, expenses, and profit over the financial year. Finally, the firm’s P&L statement may reveal any shortcomings or possible opportunities for improvement, as well as the trends in revenue and expenses over the financial year. Hence, it is an essential statement for an organization.
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The question refers to an income statement, a financial statement summarizing a company's sales (revenues), costs (including COGS and operating expenses), and profits (net income) during a past accounting period.
Explanation:When discussing a firm's sales, costs, and profits during a past accounting period, you'll generally be analyzing what is known as an income statement. This is a financial statement that provides a summary of a company's financial performance over a specific period. Typical items on an income statement include revenues, cost of goods sold (COGS), and profit or loss for the period.
Revenues refer to the firm's sales, whereas COGS usually includes the direct costs attributable to the production of the goods or supply of services that the company sells. The difference between revenues and COGS is Gross Profit. After taking into account all operating expenses, such as administrative and marketing costs, any resulting value is the firm's operating profit. Once non-operating expenses, taxes, and interest have been subtracted, the remaining value is the net profit or net income. The net income is a measure of the firm's profitability for the given accounting period.
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The scientific approach to management emerged in the early 20th century when companies wished to increase worker productivity to counteract _____.
a) high inflation rates
b) more automated jobs
c) labor shortages
d) diminishing inventory levels
Answer:
c) labor shortages
Explanation:
In the early 20's when companies and various other organisations faced the problem of labor shortages, that is labor was less than the requirement the companies came up with the scientific approach to management.
Scientific management aims at efficiency and with that greater management of labor productivity.
The early practice of applying the science behind management was started with this, and the observed results were so emphasising, that the practice is followed even now.