To calculate the accounts receivable turnover for Orca, we need to know two values: net credit sales and average accounts receivable.
The formula for accounts receivable turnover is:
Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable
Without the values for net credit sales and average accounts receivable, it is not possible to provide the exact accounts receivable turnover for Orca. Please provide the necessary information to calculate the accounts receivable turnover accurately.
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Andrew earned $5,000 in wages while working a part-time job during the current year. He also received a scholarship for $12,000. He used $9,000 for tuition and $800 for books. The remaining $2,200 went to help cover the cost of housing. During the summer, Andrew's uncle died and Andrew inherited $30,000.
Required:
What is the amount of Andrew's gross income for the current year?
Answer:
what I don't get that what its mean can you say
PLEASE
what is lean production? in details (GCSE) keywords.
Answer:
actually I am very sorry I didn't learn this I don't take business
Explanation:
Sorry would there be anything else I can help u with
Full-service brokerage firms
a. have lower commissions.
b. offer portfolio management.
C.provide no investment advice.
d. teach you how to do market research.
Please select the best answer from the choices provided
A B C D
Answer:
b. offer portfolio management.
Explanation:
When the brokerage firms provide full service so they would offer the portfolio management that means it manages the portfolio so that the risk could be minimized and returns could be high via investing the securities in different places rather investing at one place
Therefore option B is correct
After applying for a job at World Mart, Malena made a list of her personal values, strengths, and weaknesses. Then she compared her list with the values, strengths, and weakness of World Mart in an effort to
A. Select an organizational structure.
B. Assess her P-O fit.
C. Understand World Mart’s culture.
D. Be innovative during her interview.
She compared her list with the values, strengths, and weaknesses of World Mart in an effort to assess her P-O fit.
What is P-O fit?Person-organization (PO) fit is the compatibility between individuals and organisations, which happens when at least one entity meets the needs of the other when they have comparable core values, or when both of these things happen. Examples of reciprocal need fulfilment, value alignment between individuals and organisations, personality resemblance between individuals and other organisation members, and shared individual and organisational goals are all included in this description. Another name for PO fit is person-culture fit.
PO fit attained its greatest notoriety in the early 1990s. It is based on the interactionist perspective, which holds that both personal and environmental factors interact to determine individual results. Since then, more than a hundred studies have been done emphasising the compatibility of people and organisational cultures, rather than just the occupations within such organisations.
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Publishers and printing companies are both involved with books, magazines, and newspapers. One type of company is
considered part of the manufacturing section, because it produces the physical product: books, magazines,
newspapers, and so on. What sector does publishing belong to, since it does not produce a tangible product (until
printing transforms it into one)?
O primary, because it makes original content
secondary, because it transforms ideas into physical objects
tertiary, because it provides a service
quaternary, because it involves research
Answer:
quaternary, because it involves research
Explanation:
Type the correct answer in the box. Spell all words correctly.
Which quality helps a leader cooperate with team members?
_____ is a quality that helps a leader cooperate with the team on important matters to achieve company goals.
Answer:
agreeableness
Explanation:
I got the right answer on edmentum
"Under ASC 220, Comprehensive Income, corrections of errors are reported in
a. Other comprehensive income.
b. Other income/(expense).
c. Retained earnings.
d. Stockholders' equity."
Under ASC 220, Comprehensive Income, corrections of errors are reported in other comprehensive income.
Comprehensive income is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. Comprehensive income includes both net income and other comprehensive income. Other comprehensive income includes items that are not recognized in net income, such as unrealized gains or losses on available-for-sale securities, foreign currency translation adjustments, and adjustments for minimum pension liability. The correction of errors is considered an adjustment to a prior period's financial statements, and therefore, it is reported as a component of other comprehensive income. Other income/(expense) is used to report items that are not related to the company's normal operations, such as gains or losses from the sale of assets. Retained earnings reflect the cumulative earnings of the company that have not been distributed as dividends. Stockholders' equity is the residual interest in the assets of the company after deducting liabilities. Therefore, corrections of errors are not reported in these accounts.
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The antitakeover tactic, _______, is when a firm offers to buy shares of their stock from a company (or individual) planning to acquire their firm at a higher price than the unfriendly company paid for it.
The antitakeover tactic, "greenmail", is when a firm offers to buy shares of their stock from a company (or individual) planning to acquire their firm at a higher price than the unfriendly company paid for it.
Here's how it works:
1. A firm identifies that another company or individual is planning to acquire them in an unfriendly manner.
2. To prevent the acquisition, the targeted company offers to repurchase a significant amount of its own shares from the potential acquirer.
3. The repurchase is made at a higher price than what the potential acquirer paid for the shares.
4. By doing so, the targeted company incurs a financial cost but reduces the potential acquirer's incentive to proceed with the takeover.
5. The hope is that the potential acquirer will sell their shares back to the targeted company, avoiding the costly and time-consuming acquisition process.
Greenmail is considered an antitakeover tactic because it helps the targeted company maintain control and independence. However, it's worth noting that greenmail is often viewed negatively by shareholders and regulators due to its potential to benefit a select group of shareholders at the expense of others.
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What is the main distinguishing factor between accountants and bookkeepers?
The main distinguishing factor between accountants and bookkeepers is the level of education, training, and expertise they have in financial matters.
Bookkeepers are responsible for recording and maintaining the financial transactions of a business, such as recording transactions in a general ledger, reconciling bank accounts, and producing financial statements. They usually have some formal training or certification in bookkeeping, but typically do not hold a degree in accounting or finance. On the other hand, accountants are responsible for interpreting and analyzing financial information, preparing financial statements, providing tax advice, and advising businesses on financial strategy. They typically hold a bachelor's or master's degree in accounting or finance, and have completed additional education and training to become a Certified Public Accountant (CPA) or Chartered Accountant (CA) in some countries. In summary, while bookkeepers are primarily responsible for maintaining accurate financial records, accountants are responsible for analyzing and interpreting those records, providing financial advice, and helping businesses make strategic financial decisions.
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The main difference between accountants and bookkeepers is their level of education and the complexity of tasks they manage, with accountants dealing with more complex tasks and requiring a higher level of education.
Explanation:The main distinguishing factor between accountants and bookkeepers lies primarily in the complexity of tasks they manage and their level of education and qualification. Bookkeepers typically manage daily financial transactions, including income and expenses, and their role generally doesn't require specialized training or a degree. On the other hand, accountants often handle more complex tasks such as tax filings, financial analysis, and auditing, and require at least a bachelor's degree in accounting or a related field. Some accountants also hold advanced qualifications such as Certified Public Accountant (CPA).
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name an internal data source that can be used for planning
Answer:
Sales. Internal data in the sales department include revenue, profits, and bottom line. ...
Finance. ...
Marketing. ...
Human Resource.
The last step in the four-stage planning process for projects is _______________.
The last step in the project's four-stage planning process is d—resource allocation.
What is resource allocation?Resource allocation involves assigning and managing assets to support an organization's strategic planning goals.
According to economists, resources are scarce and need to be allocated and managed prudently for efficient and effective achievement of goals.
Poor resource allocation impacts negatively on every worthy project. Resources should be allocated strategically.
Thus, we can conclude that the last step in the project's four-stage planning process is d—resource allocation.
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Question Completion with Answer Options:
a. information technology strategy planning
b. business area analysis
c. mind mapping
d. resource allocation
Which of the following is NOT a financial measure? A) operating efficiency. B) revenue. C) earnings per stock share. D) operating income.
Operating efficiency is not a financial measure. The correct answer is option a.
Financial measures typically refer to quantifiable metrics that assess the financial performance and health of a business.
They provide insights into various aspects of the company's financial operations and help evaluate its profitability, liquidity, solvency, and overall financial well-being.
Examples of financial measures include revenue, earnings per stock share, operating income, net income, return on investment (ROI), return on assets (ROA), and many others.
Operating efficiency, on the other hand, is a measure of how effectively a company utilizes its resources to generate output or achieve its operational goals. While it is an important measure for assessing operational performance, it falls under the category of operational or performance measures rather than financial measures.
The correct answer is option a.
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(True or False) it is unnecessary for a server to alert a manager or chef of food and beverage problems at a table.
False, it is necessary for a server to alert a manager or chef of food and beverage problems at a table. This is because effective communication between the server, manager, and chef is crucial in maintaining a high level of customer satisfaction.
When a problem arises, it is the server's responsibility to inform the relevant parties so that a prompt resolution can be provided.
For instance, if a customer finds their meal unsatisfactory, the server should first acknowledge the issue and then inform the chef, allowing them to make adjustments or prepare a new dish. Similarly, if there is a beverage-related issue, the server must notify the manager to ensure proper inventory management and order accuracy.
Furthermore, alerting the manager or chef of any issues allows them to track recurring problems, identify potential areas of improvement, and implement changes as needed to maintain a high level of service quality. It also helps to prevent future problems from occurring and ensures a pleasant dining experience for all customers.
In summary, it is essential for servers to communicate food and beverage problems at a table to their manager or chef to maintain customer satisfaction, ensure proper inventory management, and facilitate continuous improvement within the establishment.
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How does giving benefit both the giver and the receiver?
Answer: The benefits of giving are not only reaped by the gift receivers, but also by the giver themselves in terms of their health and happiness.
Explanation: I hope that helped.
mrs. stone bought some peaches at $1.49 per pound and some blueberries at $1.99 per pound to use in a fruit salad she is making for a family reunion picnic. she paid $20.38 for a total of 12 pounds of the two kinds of fruit. how many pounds of peaches did she buy?
By making and solving the equations, we know that Mrs. Stune purchased 7.2 pounds of peaches.
What are equations?Algebraically speaking, an equation is a statement that shows the equality of two mathematical expressions.
For instance, the two equations 3x + 5 and 14, which are separated by the 'equal' sign, make up the equation 3x + 5 = 14.
So, for a fruit salad, Mrs. Aiken purchased some peaches at $1.49 per pound and some blueberries at $1.99 per pound.
1.49p + 1.99b = 20.38
12 pounds in a total of the two fruit varieties:
p + b = 12
Now, solve the equation as follows:
1.49p + 1.99b = 20.38
p + b = 12
p = 12 - b
Replace p with the value in equation 1:
1.49(12 - b) + 1.99 = 20.38
17.98 - 1.49b + 1.99b = 20.38
0.5b = 20.38 - 17.98
0.5b = 2.4
b = 2.4/0.5
b = 4.8
See equation 2 for the value of b:
p + b = 12
p = 12 - b
p = 12 - 4.8
p = 7.2
Therefore, by making and solving the equations, we know that Mrs. Stune purchased 7.2 pounds of peaches.
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______is a firm’s engagement in social actions because of its obligation to meet certain economic and legal responsibilities.
Obligatory social actions undertaken by a firm to fulfill economic and legal responsibilities.
The term that describes a firm's engagement in social actions due to its obligation to meet certain economic and legal responsibilities is known as "corporate social responsibility" (CSR). CSR refers to a company's commitment to conducting its business in an ethical and responsible manner, considering the impact of its actions on various stakeholders, including employees, customers, communities, and the environment. It encompasses a range of activities, such as adhering to legal regulations, promoting fair business practices, protecting the environment, supporting community development, and ensuring the well-being of employees. By fulfilling economic and legal responsibilities through CSR initiatives, firms aim to maintain their social license to operate, build positive reputations, and contribute to sustainable development.
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Ryan attends a seminar on environmental conservation, and afterward decides to contribute to the conservation of the environment. What can Ryan do to achieve his objective?
Answer: 1) Planting trees around him 2) Using bio and solar powered appliances
Explanation:
They are many ways to conserve the environment. Conserving the environment helps the earth and nature to grow better. Amongst all Ryan would have learnt from the training, here are some things he would do when he's back;
- Planting of trees; this helps preserve and purify the air around, reducing cabon monoxide as the plant takes it in, then gives oxygen.
- Use bio and solar powered appliances; fuel(petrol) has had a long run in the industry for energy, although it has it's advantages but it's disadvantages is more as it's the major contributor to the depreciation of the environment based on lots of toxic element it emits to the society
Does evidence presented in ""Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination"" by Marianne Bertrand and Sendhil Mullainathan support or fail to support the presence of Statistical Discrimination? Explain YOUR reasoning.
The evidence presented in "Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination" supports the presence of statistical discrimination.
In their research, Marianne Bertrand and Sendhil Mullainathan carried out a field experiment in the Boston and Chicago labor markets using fictitious resumes in order to assess how the race of a job candidate influences an employer’s decision to hire.
The researchers found out that resumes with black-sounding names like Lakisha and Jamal were less likely to receive a callback for an interview compared to resumes with white-sounding names like Emily and Greg.However, when the resumes were randomly assigned higher-quality attributes, the racial gap in callbacks persisted.
This finding supports the existence of statistical discrimination. Employers were judging black-sounding names as a signal of lower productivity rather than relying on the content of the resume, indicating the role of implicit biases in the labor market.
Statistical discrimination occurs when employers use observable characteristics to predict or infer the productivity of workers rather than relying on their actual ability. In the case of Marianne Bertrand and Sendhil Mullainathan’s study, the researchers discovered that black-sounding names reduced the likelihood of being called back for a job interview even when all other attributes of the resume were identical.
This finding suggests that employers relied on the race of the job candidates as a proxy for their productivity, ignoring their true qualifications. The researchers also discovered that white-sounding names received 50% more callbacks for interviews than black-sounding names, highlighting the existence of racial discrimination in the labor market.The authors also conducted a second experiment where they used data from internet job boards to identify the ethnicity of job candidates by their name.
The results revealed that individuals with white-sounding names had an advantage in obtaining a job interview, indicating that statistical discrimination is not only limited to the field experiment but also present in real-world scenarios.
The evidence presented in "Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination" supports the presence of statistical discrimination. The study reveals that job candidates with black-sounding names face challenges in securing job interviews, suggesting the role of implicit biases in the labor market. Employers should be aware of this phenomenon and work to eliminate racial bias in the recruitment process.
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world bank records indicate that in 2010, the total fertility rate in puerto rico was 1.6 and population size was 4,000,000. if the crude net migration rate was -1.0, then the best estimate of the population in 2012 is
The population in 2012 would be 3,960,000. The crude net migration rate is the number of people leaving the country per 1,000 people. This means that for every 1,000 people in Puerto Rico in 2010, 10 people left the country.
What is population?
A population is the entire set of individuals, if that group is a nation or a group of people who share a characteristic. A population in statistics is the group of people from whom a statistical sample is drawn for a study. As a result, any group of people who share a characteristic can be called a population. A sample can also refer to a statistically meaningful subset of a population, rather than the entire population. As a result, a statistical analysis of a sample must document the estimated standard deviation, or standard deviation, of its overall population results. Only a population-wide analysis had no standard error.
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The end goal of budgeting is to plan and ____ organizational finances successfully?
A. justify
B. control
C.explain
D.increase
Answer:
B
Explanation:
Controlling is another organizational goal
a production possibilities curve will shift inward part 2 a. when production is inefficient. b. when a war destroys the capital goods of a country. c. when resources are expanding. d. when the unemployment rate increases.
A production possibilities curve will shift inward when the unemployment rate increases.
What is Unemployment?
When someone actively seeks job but is unable to do so, this is referred to as being unemployed. One important indicator of the state of the economy is unemployment.
The unemployment rate is the most often used indicator of unemployment. It is computed by dividing the total labor force by the number of jobless people.
Numerous governments provide unemployment insurance to certain unemployed people who meet the criteria.
There are different types of unemployment, including institutional, structural, cyclical, and frictional.
If they meet certain criteria, several governments provide a meager stipend to unemployed people through unemployment insurance.
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occurs when companies employ a multinational pricing policy that calls for setting different prices in different country markets. a) ethnocentric b) polycentric c) regiocentric d) geocentric e) extension
A method in global marketing where a company permits a subsidiary or affiliate to determine the best price in its own region as long as it is profitable; also known as the Polycentric Approach.
What distinguishes polycentricity from ethnocentricity?
While the ethnocentric method sends employees from the home area or country to a foreign country or to another site where the headquarters are present, the polycentric approach concentrates on keeping personnel from a domestic region or country.
What do geocentric and polycentric mean?Polycentric Attitude: The idea that local workers are aware of the best working methods and commercial procedures is referred to as having a polycentric attitude. Geocentric Attitude: A geocentric attitude is a global perspective that emphasises using the best methods and connecting with individuals from all over the world.
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What are some jobs you can get before 16?
Answer:
Babysitting.
You can work at a lot of places, normal jobs, you're just required to takes breaks because you're a minor. You really just have to check with businesses in your area and see where you can work.
My friends work at a pizza place in our town, they were all under 16 when they started working there.
Explanation:
Use the data in the spreadsheet provided to estimate the beta of Shoe CompanyShoe Company
stock using linear regression.
Returns (%)
Value Weighted Market
Shoe CompanyShoe Company
Jan-09
2.30152
1.7601
Feb-09
1.5808
5.1987
Mar-09
-1.0649
6.5576
Apr-09
-2.4357
-7.6108
May-09
1.4468
-1.1334
Jun-09
2.1527
6.7486
Jul-09
-3.7611
-4.0672
Aug-09
0.2768
3.5441
Sep-09
2.0166
4.8538
Oct-09
1.7753
3.1961
Nov-09
4.8619
4.1049
Dec-09
3.5717
7.4574
Jan-10
-2.6896
−4.4585
Feb-10
2.2197
0.3099
Mar-10
−1.6624
−3.8113
Apr-10
−2.5422
−7.8247
May-10
3.7586
7.0296
Jun-10
1.1339
5.6732
Jul-10
4.3025
−3.2924
Aug-10
−0.5865
−5.8396
Sep-10
1.0939
3.8811
Oct-10
−2.0939
2.9872
Nov-10
4.0116
1.4941
Dec-10
0.3251
2.1446
Jan-11
4.0579
−6.7494
Feb-11
−0.1626
7.2391
Mar-11
1.9045
−1.5976
Apr-11
1.2988
−3.8654
May-11
−3.1141
−1.8419
Jun-11
−0.0325
1.2115
Jul-11
−0.1981
−2.4799
Aug-11
2.5504
2.2602
Sep-11
1.9105
8.8557
Oct-11
3.7242
4.8627
Nov-11
2.3956
7.6072
Dec-11
1.0844
0.4579
Jan-12
1.9424
−0.2014
Feb-12
−1.3883
5.7138
Mar-12
1.2998
2.0164
Apr-12
3.9521
1.3568
May-12
3.8814
5.3452
Jun-12
−1.4899
3.0215
Jul-12
−3.1983
−3.1795
Aug-12
1.2067
−0.1991
Sep-12
4.0158
4.4518
Oct-12
2.5861
12.9138
Nov-12
−4.9018
−0.9301
Dec-12
−0.4354
−1.7546
Jan-13
−6.2272
−4.5648
Feb-13
−2.2018
−1.8896
Mar-13
−1.0433
3.3668
Apr-13
5.1206
−1.7846
May-13
2.3881
2.3563
Jun-13
−7.8853
−12.4808
Jul-13
−1.317
−1.5919
Aug-13
1.1092
3.2166
Sep-13
−9.8413
10.7368
Oct-13
−18.4738
−13.8768
Nov-13
−8.5204
−7.6097
Dec-13
2.1404
−3.7543
The beta of Shoe CompanyShoe Company
stock is:
(Round to four decimal places.)
To estimate the beta of Shoe Company, we need to use the provided data which includes two pieces of information: the return of the company and the return of the market index. Beta measures the sensitivity of a stock's return to changes in the market.
We can calculate the beta by dividing the covariance between the stock and market returns by the variance of the market returns.
Using the data provided, we can calculate the average monthly return of Shoe Company as 1.2115% and the average monthly return of the market index as 2.5861%. To calculate the covariance, we need to find the difference between each month's return for Shoe Company and the average return, and the difference between each month's return for the market index and the average return, and multiply these differences for each month. Summing up these products and dividing by the number of months gives us the covariance.
Similarly, we can calculate the variance of the market index by finding the difference between each month's return and the average return, squaring each difference, and summing up these squares for each month. Dividing by the number of months gives us the variance.
When we divide the covariance by the variance, we get the beta of Shoe Company. Using the data provided, the estimated beta of Shoe Company is 0.4694 (rounded to four decimal places). This indicates that Shoe Company is less volatile than the market, as a beta of less than 1 means that the stock is less sensitive to market movements.
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To estimate the beta of Shoe Company, we need to use the provided data which includes two pieces of information: the return of the company and the return of the market index. Beta measures the sensitivity of a stock's return to changes in the market.
We can calculate the beta by dividing the covariance between the stock and market returns by the variance of the market returns.
Using the data provided, we can calculate the average monthly return of Shoe Company as 1.2115% and the average monthly return of the market index as 2.5861%. To calculate the covariance, we need to find the difference between each month's return for Shoe Company and the average return, and the difference between each month's return for the market index and the average return, and multiply these differences for each month. Summing up these products and dividing by the number of months gives us the covariance.
Similarly, we can calculate the variance of the market index by finding the difference between each month's return and the average return, squaring each difference, and summing up these squares for each month. Dividing by the number of months gives us the variance.
When we divide the covariance by the variance, we get the beta of Shoe Company. Using the data provided, the estimated beta of Shoe Company is 0.4694 (rounded to four decimal places). This indicates that Shoe Company is less volatile than the market, as a beta of less than 1 means that the stock is less sensitive to market movements.
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Fill inTrTrue or false? It’s best to determine a few key metrics and stick to them.e or false? A benefit of organic content promotion is that it allows you to show your content to a highly specific audience. the blank: When creating a headline for your content, you should come up with ___________ different headlines.
It is True that it is best to determine a few key metrics and stick to them.
This is because when you determine a few key metrics in your business, marketing, or project plan and stick to them, it gives you a path to follow, what to improve upon and what to maintain tian when executing those plans.
It is False that the benefit of organic content promotion is that it allows you to show your content to a highly specific audience.
This is because the main purpose or benefit of organic content promotion is that it allows you to promote your content without paying for advertisement. Since it is organic content, the targeted audience can see it through the embedded keywords rather than the paid advert.
Also, when creating a headline for your content, you should come up with 5 to 10 different headlines. By having between 5 to 10 different headlines, you can assess which one will give the expected results using the right keywords.
Hence, in this case, it is concluded that marketing strategies require plans and the right methods to make them work.
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The sign this KKK demonstrator is holding refers to two civil rights groups—the NAACP and CORE. CORE stands for ""Congress of Racial Equality."" What special symbol is used instead of the ""C"" in each of these names? What point do you think the demonstrator was trying to make by using this symbol in this way?
The special symbol used instead of the "C" in the names NAACP and CORE is the letter "K," which represents the Ku Klux Klan. By replacing the "C" with "K," the demonstrator is implying a connection between these civil rights groups and the KKK.
The special symbol used instead of the "C" in the names NAACP and CORE is the letter "K," which is associated with the Ku Klux Klan. The KKK is a white supremacist hate group known for its history of racial violence and discrimination. By replacing the "C" with "K," the demonstrator is attempting to draw a derogatory connection between the civil rights groups (NAACP and CORE) and the KKK.
The point the demonstrator may be trying to make by using this symbol in this way is to discredit or undermine the legitimacy of the NAACP and CORE. By associating these organizations with the KKK, which is widely condemned for its racist beliefs and actions, the demonstrator aims to cast doubt on the intentions and credibility of the civil rights groups. This tactic is a form of propaganda or misinformation, seeking to create a negative perception of the NAACP and CORE in order to diminish their influence and impact in advocating for racial equality and justice.
It is important to note that the use of such symbols and tactics is highly offensive and inflammatory, and it perpetuates hate speech and discrimination. It is crucial to promote understanding, tolerance, and respect for diverse perspectives and to reject any form of prejudice or discrimination.
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Is the following scenario a partnership? Performing in a twenty-piece band with a rotating showcase of trumpeteers.
OYes
ONo
Answer:
no
Explanation:
there isn’t a sense of ownership between two people
MPUM BOTTLE MANUFACTURERSTABM)
Mpumi Bottle Manufacturers is a large business well known for supplying quality plastic
bottles, is the most customer-centric company, that build a place where people can come
find any bottle. The financial manager borrowed money from Blue bank at a high-interest
rate to buy material and equipment for manufacturing bottles. MBM has recently appointed
two experienced employees who are responsible for branding the bottles
The demand for branded bottles increased in other provinces they opened another branch
in North West Province. Raheem Trading opened a similar business that offers the same
services at a lower price,
Gail, the director shares the understating of how things are done in the business to
accomplish the business mission Raheem Trading's board of directors strongly believes in
good leadership and management for the success of the business.
Bennie the purchasing manager, at Raheem Trading ensures that there is enough stock
available for continuous production, Place orders with suppliers and follow up on them.
The credit department supervisor educates consumers on making the right choices when
they apply for credit
1.1.1 Quote the visions statement of mpumi bottle manufacturers in the case study above
1.1.2 Name ONE component/feature of each business environment in the cas study above .motivate your answer by quoting from the case study
Answer:
Name one component/feature of each business environment in the case study
Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.
What is the amount of interest paid?
- $360
- $1,800
- $18,000
- $30,000
Answer:
1,800
Explanation:because
$30000*0.06=$1,800
The amount of interest paid is $1,800. Thus, option second is correct.
What is Simple Interest?Simple interest is defined as the amount of interest paid on a specific principal amount at a given rate of interest. Compound interest, on the other hand, is the interest computed on the principal and interest accrued during the preceding month.
Borrowers may get a rough estimate of borrowing costs by using simple interest. Auto loans and short-term personal loans are often interest-only loans. Simple interest does not need the calculation of compound interest.
Given that,
Amount = $30000
Years = 5
Interest = 6 %
Amount to be paid every year can be computed with the help of the following formula:-
Total amount = Amount * Years * Interest / 100
Substituting the values in the above formula,
Total amount = 30000 * 5 * 6 / 100
= 90000/100
= $9000
Hence, the interest paid for one can be calculated as follows:-
Interest amount for each year = 9000 / 5
= $1800
Therefore, $1800 is the interest amount paid for each year. Hence, option second is correct.
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As the new HR Manager, you are required to describe step by step
performance management cycle to a group of department manager.
As the new HR Manager, you are required to describe step by step performance management cycle to a group of department managers.
What are the steps?The following are the steps in the performance management cycle:
Step 1: Planning and goal setting- The performance management process starts with planning and setting goals. At this stage, the employer and the employee set objectives and what the employee is expected to achieve. The objectives set should be achievable, measurable, and specific.
Step 2: Continuous feedback and coaching- After goal setting, the employer provides continuous feedback and coaching to the employees. The continuous feedback is critical as it helps the employees to correct their mistakes and improve their performance.
Step 3: Performance evaluation- The next stage is performance evaluation. At this stage, the employer assesses the employee's performance by comparing the results against the objectives set. Evaluation is done by using various tools, such as self-evaluation, peer evaluation, or management evaluation. The performance evaluation process should be objective, fair, and transparent.
Step 4: Rewarding and recognition- The fourth step is rewarding and recognition. Employees who have achieved their objectives should be rewarded and recognized. Rewards can be in the form of monetary benefits or non-monetary benefits.
Step 5: Career development- After rewarding and recognition, the last step is career development. The employer should provide the employees with opportunities for career development, which include training, coaching, and job rotation. The career development process will help the employees to grow and improve their skills and knowledge.
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