Part I: Short Answer: Discuss, in your own words, the significance of 3 of these business research concepts 20 points each. (60%) A dictionary definition is not sufficient here; you must clearly explain the term from a research/methodology perspective. HOW and WHY it is important to business research, not WHAT it is. Complete Paragraphs here-point form will be penalized here. ½ page per answer. 1. "The Research Spiral". 2. Market Intelligence 3. What is my research problem? 4. Action Verbs
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Related Questions
Econ please helppp :(((((
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Answer:
Pure competition
Explanation:
Pure competition refers to an ideal market with very many suppliers selling an identical product. Because the sellers are many, none of them can influence the price. Pure competition is also the perfect competition. Other characteristics of perfect competition include.
easy to enter and exit the market since there are no trade barriersAll sellers sell a homogeneous productall sellers are price takersThere are many buyers.Buyers have sufficient knowledge of prices and suppliers.Problem 3-13 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold; Income Statement [LO3-3] Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses Purchases of raw materials Direct labor $ 219,000 $ 269,000 ? Administrative expenses $ 157,000 $364,000 Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 353,000 Inventory balances at the beginning and end of the year were as follows: Beginning $ 58,000 Ending $ 33,000 Raw materials Work in process 2 $ 29,000 Finished goods $ 37,000 ? The total manufacturing costs added to production for the year were $680,000; the cost of goods available for sale totaled $725,000; the unadjusted cost of goods sold totaled $663,000; and the net operating income was $32,000. The company's underapplied or overapplied overhead is closed to Cost of Goods Sold. Required: Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. (Hint: Prepare the income statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured.) Complete this question by entering your answers in the tabs below. Income COGS Statement Schedule COGM Schedule Prepare an income statement for the year. Superior Company Income Statement Sales Cost of goods sold Gross margin 0 Selling and administrative expenses: Selling expenses Administrative expenses 0 Net operating income < Income Statement COGS Schedule >
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a) The income statement includes the cost of goods sold, selling expenses, administrative expenses, and net operating income.
b) The income statement includes the cost of goods sold, selling expenses, administrative expenses, and net operating income.
c) The COGM schedule calculates the cost of goods manufactured by considering the beginning inventory balances, total manufacturing costs added to production, and the ending inventory balances.
a) Sales: Not provided in the given data.
Cost of goods sold: $663,000 (unadjusted cost of goods sold).
Gross margin: Not provided in the given data.
Selling expenses: $219,000.
Administrative expenses: $157,000.
Net operating income: $32,000.
b) COGS Schedule:
Beginning inventory: Raw materials - $58,000, Work in process - $29,000, Finished goods - $37,000.
Total manufacturing costs added to production: $680,000.
Cost of goods available for sale: $725,000.
Ending inventory: Raw materials - $33,000, Work in process - $?, Finished goods - ?.
Unadjusted cost of goods sold: $663,000.
COGM Schedule:
Beginning inventory: Raw materials - $58,000, Work in process - $29,000, Finished goods - $37,000.
Total manufacturing costs added to production: $680,000.
Cost of goods manufactured: $?,
Ending inventory: Raw materials - $33,000, Work in process - $?, Finished goods - ?.
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2. A flexible tape with different type of measurements essential for taking
body measurements.
a. ruler
b. yard stick
c. hem gauge
d. tape measure
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Hope this helps! ^^
How is the restaurant manager’s experience different from the customer’s experience?
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Answer:
The restaurant Manager has in-depth knowledge of their business, workers, and income. While a customer might know a workers name a restaurant Manager knows their past record, their education level, and connections.
A manager also might deal with the money, meaning counting bills, change, while a customer simply pays.
Explanation:
Sorry if the question is looking for more specifics.
Sometimes the government will step in when they feel the need to encourage competition in
a particular industry and to break up companies that have nearly complete control over a
particular market. What is it called when the government initiates action against companies
that appear to have too much power?
A.consumer protection
B.OSHA
C.monopolies
D.antitrust suits
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The psychology of getting along well with others is known as: a) human emotions ) human relations b) human understanding d) human characteristics
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Answer:
human relations
Explanation:
What button is used to format a table’s text to make it more interesting?
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Then click the “Table Design” contextual tab in the Ribbon.
The preset table styles appear in a list in the “Table Styles” button group.
When US. Presiden Donald Trump imposed tariffs on imported steel, Charmaine was working as a project manager for a U.S.based construction compary. Charmaine's company sod to pay more for the steel they imparted from China, which decreased the overall profit on some of their biggest builds. After a few months, her company decided to raise the phice if materials for all future builds to offset those extra costs. In this case, who ended up paying far the tariffs? American manufacturers Aimerican consumers Chinese manufacturers Chinere consumers
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In this case, who ended up paying for the tariffs would be option B) American consumers.
A tariff is a tax on imports or exports between sovereign states. It is a form of trade barrier that taxes foreign products to encourage domestic industry and protect the interests of specific groups of producers. When tariffs are imposed on imported goods, the final cost of the product increases, and this increase is borne by consumers.Import tariffs are levied on imported goods to make them more expensive to consumers.
This increased price results in a reduction in demand for the imported item, and this decrease in demand benefits domestic manufacturers, who can raise their prices accordingly. However, because the final price of the product rises, consumers may be unwilling or unable to buy as much of the product as before, reducing sales and increasing costs for the producer.
Therefore, when tariffs are imposed on imported steel, American companies have to pay more for the steel that they import, which decreases their overall profit. Consequently, these companies may decide to increase the price of their products to compensate for the extra costs, and this price increase will be borne by the American consumers.
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By 2030, what will Elon Musk's, net worth will be?
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do you think operating systems have changed much in the last 5 years? if so - how have they changed.
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Yes, operating systems have indeed changed significantly in the last 5 years.
Some key changes include:
1. Enhanced security: Operating systems have become more secure with features such as biometric authentication, encryption, and sandboxing of applications to prevent unauthorized access and malware attacks.
2. Improved performance: There have been optimizations in resource management, resulting in faster boot times, lower memory consumption, and better battery life for mobile devices.
3. Increased focus on user experience: Modern operating systems offer more intuitive and visually appealing user interfaces, with improved accessibility features and better support for touch and voice input.
4. Greater integration with cloud services: Operating systems now come with built-in support for cloud-based storage and synchronization, enabling seamless access to files and data across multiple devices.
5. Support for emerging technologies: Recent operating systems have evolved to support new technologies such as virtual reality, augmented reality, and artificial intelligence, enabling a wider range of applications and use cases.
Overall, these changes have made operating systems more secure, efficient, and user-friendly, while also enabling new possibilities in computing and communication.
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countries with an abundance of natural resources, tend to have less economic growth, less democracy, and worse development outcomes than countries with fewer natural resources (sachs and warner 1995). this is called what?
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The resource curse conjointly referred to as the contradiction of masses or the financial condition contradiction, is the development of nations with an associated abundance of natural resources (such as fossil fuels and bound minerals) having a less economical process, less democracy, or worse development outcomes than countries with fewer natural resources.
The resource curse may be an incomprehensible state of affairs during which countries with abundant non-renewable natural resources expertise stagnant economic processes or maybe economic contraction.
Natural resources have a double-edge result on the economic process; in this, the intensity of their use raises output but will increase its depletion rate. Natural resources may be a key input within the production method that stimulates the economic process.
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A firm's marketing skills and teamwork as well as its cooperation among managers are examples of
A) financial resources.
B) human resources.
C) physical resources.
D) capabilities.
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The D) capabilities. A firm's marketing skills and teamwork, as well as its cooperation among managers, are examples of the capabilities of the organization.
Capabilities refer to the firm's ability to perform tasks and activities that enable it to create value and compete effectively in the market. It includes a wide range of factors such as human resources, technology, organizational structure, culture, and leadership. In this context, marketing skills and teamwork, and cooperation among managers are considered as intangible capabilities that help the firm to achieve its goals and objectives. These capabilities are not physical resources that the firm owns but rather a set of skills and knowledge that are developed and nurtured over time. Therefore, the correct answer to the question is D) capabilities.
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Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased. information for raw materials for product rbi for the month of october follows: standard unit price $1.80 actual purchase price per unit $1.65 actual quantity purchased 4,000 units actual quantity used 3,900 units standard quantity allowed for actual production 3,800 units what is the materials purchase price variance?
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Answer: $600F
Explanation:
Given the following :
standard unit price - $1.80
actual purchase price per unit - $1.65
actual quantity purchased - 4,000
units actual quantity used - 3,900
units standard quantity allowed for actual production - 3,800 units
Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased
($1.65 - $1.80) × 4000
( $0.15) × 4000
$600F (Favorable) because standard price is higher than actual price
When performing a liquid-liquid extraction with a separatory funnel which physical property do you need to know about the two liquids?
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When performing a liquid-liquid extraction with a separatory funnel, the physical properties of the two liquids that must be known are their densities, solubility, and intermiscibility.
Calculating the ratio of the two liquids in the separatory funnel requires knowledge of each liquid's density.
The solubility of the two liquids must also be taken into account because successful extraction depends on the solubility of one liquid in the other.
Finally, the ability to readily separate the two liquids makes the intermiscibility of the two liquids crucial.
When doing a liquid-liquid extraction with a separatory funnel, all of these physical characteristics must be taken into account.
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A manufacturer of a product sells all that is produced. The total revenue is given by TR=7q, and total cost TC =6q+1,911, where q represents the number of units produced and sold. The level of production at the break-even point if the total cost increases by 5% is: Note: Write your answer correct to 0 decimal place.
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The level of production at the break-even point, with a 5% increase in total cost, is approximately 2866 units.
To find the level of production at the break-even point, we set the total revenue equal to the total cost. Given that the total revenue (TR) is 7q and the total cost (TC) is 6q + 1,911, we equate the two expressions:
7q = 6q + 1,911
Next, we consider the 5% increase in total cost. We multiply the original total cost (6q + 1,911) by 1.05 to obtain the new total cost (TC_new):
TC_new = 1.05 * (6q + 1,911)
TC_new = 6.3q + 2,006.55
Now, we set the new total revenue (TR) equal to the new total cost (TC_new):
7q = 6.3q + 2,006.55
Simplifying the equation, we subtract 6.3q from both sides:
7q - 6.3q = 2,006.55
0.7q = 2,006.55
Finally, we divide both sides by 0.7 to solve for q:
q = 2,006.55 / 0.7
The result is approximately 2866 units, which represents the level of production at the break-even point with a 5% increase in total cost.
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bovee, courtland l. and john v. thill. business communication essentials. 7th/8th ed. upper saddle river, n.j.: pearson education. 2019. (required)
Answers
Effective business communication is essential for establishing strong relationships, promoting teamwork, facilitating decision-making, conveying ideas and achieving organizational goals.
Effective business communication relies on various factors, including clarity, conciseness, coherence, and consideration for the audience. It involves selecting appropriate communication channels such as face-to-face meetings, emails, phone calls, video conferences, and social media platforms, depending on the context and purpose of the communication.
Business communication also encompasses non-verbal communication, which includes body language, gestures, facial expressions, and tone of voice. These non-verbal cues can significantly impact the interpretation and effectiveness of a message.
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Which type of networking doesn't require a password to access
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A Wi-Fi network connection with Wi-fi protected setup (WPS) for a home or a small environment doesn't require a password to access the networking system.
What is a password?Password is a code that helps in securing the data maintained on a computer or laptop. it also helps in securing the data from any unauthorized access.
WPS is a kind of network security that enables a protected wireless network for a home or a small surrounding. It allows a faster network connection between a router and any portable wireless device.
Therefore, the Wi-Fi network with WPS security requires no password to access the network.
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What is an investment portfolio?
A. A selection of varied accounts
B. A selection of varied instruments
C. A selection of varied applications
D. A selection of varied stocks and bonds
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Answer:
In finance, a portfolio is a collection of investments aka stocks and bonds!
explain the effect of climate change in the economy of nepal
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Nepal suffers excessive monetary expenses because of modern weather variability and extremes: the envisioned direct cost of those influences is equal to 1.5–2% of modern GDP/year. This is excessive via way of means of global levels.
What is the climate of Nepal?The weather in Nepal varies from subtropical withinside the lowlands to chilly excessive-altitude weather withinside the mountains.
The country reports five unique seasons: summer, monsoon, autumn, iciness, and spring. During iciness, the Himalayas block the cold air, inflicting it to be pretty heat south of the Himalayas.
Therefore, Nepal suffers a huge economic loss due to the climatic conditions prevailing in the country.
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Accountants and auditors age receivables to primarily do which task?To determine the most profitable customersTo help estimate the total amount of gross receivablesTo determine the most profitable productsTo help estimate the allowance for doubtful accounts
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Accountants and auditors age receivables to primarily To help estimate the allowance for doubtful accounts. Option D.
What does it mean to age receivables?A company's accounts receivable are categorized in accounts receivable aging reports on a regular basis based on how long an invoice has been unpaid. It serves as a barometer to assess the stability and dependability of a company's clientele.
Sort the unpaid bills for a company according to the number of days outstanding in order to create an accounts receivable aging report. The amount of money your clients owe you for goods and services they've purchased is shown in this report.
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stockton mineral operations, incorporated, (smo), currently has 540,000 shares of stock outstanding that sell for $83 per share. assuming no market imperfections or tax effects exist, what will the share price be after:
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An additional 180,000 shares are issued and 120,000 shares are repurchased.
Stocks are one of the most popular financial market instruments. Issuing stock is one of the decisions a company makes when deciding to fund the company.
Stockton Mineral Operations, Inc. (SMO) currently has 540,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or tax effects exist, the share price after:
An additional 180,000 shares are issued: The share price will remain at $83 per share as the total number of outstanding shares is now 720,000.120,000 shares are repurchased: The share price will increase to $90.50 per share as the total number of outstanding shares is now 600,000.Learn more about stock: brainly.com/question/26128641
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Type the correct answer in the box. Spell all words correctly.
Which form of marketing do firms use when they market their products to all consumers alike, even when not all of them constitute the target audience?
When firms market their products to all consumers alike, even when not all of them constitute the target audience, they exhibit (___?___) marketing.
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Answer:
Outbound Marketing is the correct answer
Explanation:
Answer:
outbound marketing - I just took the test this is correct
Explanation:
What are 2 pros and 2 cons of working minimum wage
Plz help
Answers
Answer:
They raise prices or reduce the number of hours worked. Worker morale, productivity, and consumer spending all increase. But the pros only outweigh the cons if the minimum wage isn't too high. Wages cannot be so high that they reduce a company's ability to keep labor costs low during a recession.
Explanation:
our self-talk consists of words pictures and emotions. as we imprint our affirmations we
Answers
Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.
What are the four categories of self-talk?Your inner discourse is known as self-talk.
Personalizing. You own all of the guilt for yourself.
Magnifying.
Catastrophizing.
Polarizing.
What are the five tiers of one's own self-talk?Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.
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Barbara just purchased a television using cash. This is an example of which function of money? a) Barter b) Medium of exchange c) Unit of account
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The function of money demonstrated by Barbara's purchase of a television using cash is the medium of exchange. The answer is b).
Money serves three primary functions in an economy: as a medium of exchange, a unit of account, and a store of value. The medium of exchange function of money refers to its ability to facilitate transactions between buyers and sellers by acting as a commonly accepted intermediary.
In other words, money allows individuals to trade goods and services without the need for barter or direct exchange.
Barbara's use of cash to purchase a television exemplifies the medium of exchange function of money. Instead of needing to trade a good or service directly for the television, she was able to exchange cash for the television.
The use of cash as a medium of exchange is a key characteristic of modern economies, as it allows for the efficient exchange of goods and services among a large number of buyers and sellers.
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T/F Some multinational corporations are so large that they resemble small countries.
Answers
True. Some large multinational corporations are so vast and powerful that they possess an economic influence and political clout that can rival small countries. These corporations, which are often referred to as global or transnational corporations, have operations and offices in multiple countries and generate massive revenues.
They also have significant political and social influence, as their actions can impact entire economies and communities. For example, some large corporations have been accused of violating human rights, engaging in environmental exploitation, and contributing to income inequality. Their reach and power have prompted concerns about accountability and transparency, and some have called for greater regulation and oversight of these corporations.
Overall, the size and influence of some multinational corporations underscore the need for careful scrutiny and management of their activities.
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As country income level rises from middle-income to high-income, what do we expect will happen over time to the prevalence of tobacco smoking?.
Answers
When a country switches from middle income to high income, it is expected that the prevalence of smoking goes down.
Prevalence of smoking by income levelStudies have shown that nations that are high income have lower and reducing rates of tobacco smoking.
This is the reverse of the trend witnessed in middle and low income countries where smoking prevalence is on the increase.
In conclusion, there will be less smoking.
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The soccer team collected $800 at a car wash fundraiser. They charged $5. 00 for small vehicles and $10. 00 for larger vehicles. The amount collected can be modeled by the equation , where x represents the number of small vehicles and y represents the number of larger vehicles. If the number of larger vehicles washed was 50, how many small vehicles were washed in total?.
Answers
$800 -$500=$300
$300/$5=60
There were 60 small vehicles washed in total
When businesses are waiting for a customer to pay them for
merchandise they bought on credit, the money owed to the business is
part of the business's? *
Answers
whose job is it to review an athlete’s or entertainer’s contract for legitimacy? publicist agent sponsor promoter
Answers
The job of reviewing an athlete's or entertainer's contract for legitimacy typically falls under the responsibility of their agent or attorney. Therefore, the correct option is option 2.
Agents and attorneys specializing in sports or entertainment law have the expertise to carefully review contracts, negotiate terms, and ensure that the contract protects the best interests of the athlete or entertainer. They analyze the legal and financial aspects of the contract, assess the risks and obligations involved, and provide guidance to their clients.
While other individuals such as publicists, sponsors, and promoters may be involved in various aspects of an athlete's or entertainer's career, they generally do not have the primary responsibility of reviewing the contract for legitimacy.
Thus, the ideal selection is option 2.
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The complete question is -
Whose job is it to review an athlete’s or entertainer’s contract for legitimacy?
A. publicist B. agent C. sponsor D. promoter