Question 11 (1 point) Listen Supplier rationalization leads towards the centralization of the purchasing organization in most cases. If an organization chooses the "Lead Buyer" approach, which of the following is its main trait? a) One site, business or territory takes on main responsibility Ob) New unit established charged with making decision c) New unit established but does not make decisions O d) Individual sites manage their decisions Question 12 (1 point) Listen Key Account Manager Chuck Grant who works for an auto parts company has just finished a meeting with the lead buyer at Lordco but plans further meetings with a store manager and the marketing department within Lordco. What type of relationship management is he practising? a) One-on-many Account Management O b) Carat Account Management c) Bow-Tie Account Management O d) Cotton Wheel Account Management Question 13 (1 point) Listen A customer's decision-making unit includes an authoritarian DMU. What would be common trait for this type of DMU? a) Owner/Boss imposing decision on others b) Involves a form of democracy c) Appointing a decision maker O d) Typical in government, civil service, or voluntary groups

Answers

Answer 1

Question 11: If an organization chooses the "Lead Buyer" approach, its main trait is that one site, business, or territory takes on the main responsibility.

This means that a specific location or unit within the organization becomes the central hub for purchasing decisions and coordination.

Question 12: In this scenario, Key Account Manager Chuck Grant is practicing "One-on-many Account Management." This type of relationship management involves maintaining a relationship with a key account (Lordco in this case) and also engaging with multiple stakeholders within that account, such as store managers and the marketing department.

Question 13: In a customer's decision-making unit (DMU) with an authoritarian trait, the common trait is that the owner/boss imposes decisions on others. In this type of DMU, decision-making authority is centralized in a single individual who has the power to make decisions and enforce them upon others. This type of DMU is often found in government, civil service, or voluntary groups where hierarchical structures are prevalent.

To summarize: The main trait of the "Lead Buyer" approach is that one site, business, or territory takes on main responsibility.

Chuck Grant's relationship management practice is "One-on-many Account Management."

An authoritarian DMU involves an owner/boss imposing decisions on others.

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Answer 2
Final answer:

The 'Lead Buyer' approach involves one site or business unit taking main responsibility. The practice of a single account manager dealing with multiple stakeholders is referred to as One-on-many Account Management. An authoritarian Decision Making Unit is characterized by one figure, often the boss, imposing decisions on others.

Explanation:

In the context of supplier rationalization and centralization of the purchasing organization, the 'Lead Buyer' approach primarily implies that one site, business or territory takes on main responsibility (option a). This approach centralizes purchasing decisions to a specific unit, thereby enhancing efficiency and bargaining power.

For the relationship that Key Account Manager Chuck Grant is practicing, it is referred to as One-on-many Account Management (option a). In this model, as seen with Mr. Grant, one person (the account manager) maintains relationships with multiple stakeholders in the client organization, which may include the lead buyer, store manager, and the marketing department.

Finally, an authoritarian DMU (Decision Making Unit) is characterized by an Owner/Boss imposing decisions on others (option a). In this model, decision-making power lies solely with one figure who mandates decisions rather than involving other members extensively in the decision-making process.

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Related Questions

Which of the following is a risk banks should prepare for?
A.
Falling interest rates
B.
Borrowers who don't pay back loans
C.
Too many people requesting loans
D.
People switching to online transactions

Answers

It’s c because if to many people ask loans and won’t pay back they will go down




Hope this helps

Borrowers who don't pay back loans.

Describe how a formal report is different from an informal report?

Answers

Answer:

Though the report may be several sections long, it is typically much shorter than a formal report. No contents page is included. Informal reports can even be formatted like a memo.

Explanation:

Answer: Informal reports are usually short, one to three pages, with no need for prefatory parts,are informational, include no or limited research,luse a direct approach an personal language. The formal report, however, is worded more objectively, focusing on the problem and the solution.

Explanation:

which of the following is true? a. the key to successful partnerships is developing performance measures with weights greater than 3.50. b. iso 75000 is the supplier award given to the highest rated supplier in japan. c. performance metrics and personal business relationships are both keys to building successful partnerships. d. srm software modules are very affordable (less than $50,000) and can be implemented with a week.

Answers

Performance metrics and personal business relationships are both keys to building successful partnerships.

What is Performance metrics?

Performance metrics are defined as numbers and information that are indicative of the activities, capacities, and general calibre of a company. The process of gathering, examining, and/or reporting data regarding the performance of a person, group, organisation, system, or component is known as performance measurement. Definitions of performance measurement frequently start with an assumption about the purpose for measuring performance. Performance metrics use activities, employee behaviour, and productivity as its primary indicators to track processes inside an organisation. The accomplishment of overarching company goals is monitored and measured by these metrics.

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You and your partner are choosing how much effort to put towards a group projeci for a course. You both care about the quality of the project, which increases in both of your effort choices. But you both also pay a cost of effort. You are enjoying the course much more than your partner, so your cost of effort is lower. Where y and p denote the amount of effort put by you and your partner, respectively,

- Your payoff is 60yp−y3

- Your partner's payoff is 60yp−8p3


Decisions about effort provision are made simultaneously.

Answer the following questions about the set of pure strategy Nash equilibria of this game. Please round to 3 decimal places where rounding is needed.

a) (2 points) In one pure strategy Nash equilibrium, you put more effort towards the project than your partner. In this Nash equilibrium, what is your effort level?

b) (2 points) In one pure strategy Nash equilibrium, you put the same level of effort towards the project as your partner. In this Nash equilibrium, what is your effort level?

Answers

according to above statement , So, in this Nash equilibrium, your effort level is given by y = √(20p), values of "p" and "y" are positive.

In this game, you and your partner are choosing how much effort to put towards a group project for a course. Both of you care about the quality of the project, which increases with both of your effort choices. However, both of you also incur a cost of effort. You enjoy the course more than your partner, so your cost of effort is lower.

Let's denote the amount of effort you put as "y" and the amount of effort your partner puts as "p". Your payoff is given by 60yp−y³, and your partner's payoff is given by 60yp−8p³.

a) In one pure strategy Nash equilibrium where you put more effort towards the project than your partner, we need to find your effort level. In this case, your partner's effort level will be lower than yours. To find your effort level, we need to maximize your payoff function while taking into account your partner's best response. By setting the derivative of your payoff function with respect to "y" equal to zero, we can find the maximum value. Solving the equation gives us:

60p - 3y² = 0

Simplifying further, we get:

y² = 20p

Taking the square root of both sides, we find:

y = √(20p)

b) In one pure strategy Nash equilibrium where you put the same level of effort towards the project as your partner, we need to find your effort level. In this case, your partner's effort level will be the same as yours. To find your effort level, we need to maximize your payoff function while taking into account your partner's best response. By setting the derivative of your payoff function with respect to "y" equal to zero, we can find the maximum value. Solving the equation gives us:

60p - 3y² = 0

Simplifying further, we get:

y² = 20p

Taking the square root of both sides, we find:

y = √(20p)

So, in this Nash equilibrium, your effort level is given by y = √(20p).

Please note that these answers assume that the values of "p" and "y" are positive.

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Fill in the gaps using second conditional. /2
If she (know) __________ the answer, she would win the prize.
If I (be) ___________ a rich man, I would buy a Mercedes Benz.
They would stay longer, if they (has) _________ more time.
If I (understand) __________ what the teacher said, I could tell you.​
plz tell hurry

Answers

Answer:

knew

were

had

understood

Here are data on two companies. The T-bill rate is 4.8% and the market risk premium is 5.9%. $1 Discount Store Everything $5 Company Forecast return Standard deviation of returns Beta 12% 12% 1.6 11% 14% What would be the fair return for each company, according to the capital asset pricing model (CAPM)? (Round your answers to 2 decimal places.) Expected Return Company $1 Discount Store Everything $5

Answers

The fair return for $5 Company is 11.49% and Company Expected return  $1 Discount Store Everything 13.52%.

How to calculate it?

Given the data on two companies, the T-bill rate is 4.8%, and the market risk premium is 5.9%.

The forecast return, standard deviation of returns, and beta for the $1 Discount Store Everything company and the $5 Company are as follows:

We need to determine the fair return for each company according to the capital asset pricing model (CAPM).

The CAPM formula is as follows: r = Rf + β(Rm - Rf)

where :r = fair return

Rf = risk-free rate

β = beta

Rm = market risk premium

Plugging in the values given in the problem, we get:

r = 4.8% + 1.6(5.9%)r = 13.52%

This means the fair return for $1 Discount Store Everything company is 13.52%.

Similarly, for $5 Company, we have: r = 4.8% + 1.1(5.9%)r = 11.49%

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Determine, to the nearest tenth of a year, how long it would take an investment to double at a 3 3 4 % interest rate, compounded continuously

Answers

Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.

When will the investment double in value?

The future value using continuous compounding is:

= Amount x e ^ (rate x time)

Interest is:

= 3.75%

To double, the formula is:

2 = e ^ (0.0375 x time)

In2 = 0.0375 x time

t = In2 / 0.0375

= 18.5 years

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1. Juan is enrolled in marketing education courses and is 17 years old. Juan has been hired by an electrical contractor. Juan is hoping to use this job as a cooperative work site placement. You are told that Juan’s job is to pull electrical components out of inventory and drive them to the job site.

Answers

Answer:

What is the wholesaling industry?

Explanation:

Juan is enrolled in marketing education courses and is 17 years old. Juan has been hired by an electrical contractor. Juan is hoping to use this job as a cooperative work site placement. You are told that Juan’s job is to pull electrical components out of inventory and drive them to the job site.

Your answer

jensen fences uses job order costing. manufacturing overhead is charged to individual jobs through the use of a predetermined overhead rate based on direct labor costs.

Answers

Jensen Fences is using a job order costing system to track the costs of their manufacturing process.

This system involves assigning the costs of direct materials, direct labor, and manufacturing overhead to each specific job or order.

In this case, Jensen Fences is using a predetermined overhead rate based on direct labor costs to allocate manufacturing overhead costs to each job. This means that a predetermined rate is calculated at the beginning of the accounting period, based on an estimate of the total manufacturing overhead costs expected to be incurred during the period, and the estimated total amount of direct labor costs.

Once the predetermined overhead rate is determined, it is applied to each job based on the actual amount of direct labor cost incurred on that job. This method allows for more accurate costing of individual jobs, as it takes into account the actual usage of manufacturing overhead resources by each job.

Overall, job order costing is a useful system for companies that produce customized or unique products, as it allows for the tracking of costs associated with each individual job. The use of predetermined overhead rates based on direct labor costs helps to allocate overhead costs in a more accurate and efficient manner.

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Match the task to the correct phase.

1. creating the communication plan
project-initiation phase
2. completing the project charter
project-planning phase
3. noting the team's accomplishments
project-closure phase
4. monitoring the project schedule
project-execution phase

Answers

The following task is correctly matched to the correct phase.

creating the communication plan - project-planning phasecompleting the project charter - project-initiation phasenoting the team's accomplishments - project-closure phasemonitoring the project schedule - project-execution phase

The project planning stage provides project managers with a road map. everything from preliminary planning and stakeholder meetings to research, writing, scheduling, and gaining final approval. Each of these actions and duties plays a part in making the project successful and achieving the goals and vision of the sponsor.

A communication plan for your project is crucial because it can help you keep it on schedule, under budget, and on track. All stakeholders are kept up to date on the project's development thanks to a robust project communication plan, which also improves client satisfaction.

Thus, the mentioned above tasks are correctly matched to the correct phase.

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question 1 an industry with a firm that is the only producer of a good or service for which there are no close substitutes and for which entry by potential rivals is prohibitively difficult is:

Answers

A monopoly firm is one that produces a good or service exclusively in an industry where there are no direct competitors and admission by potential competitors would be prohibitively expensive.

A firm is a type of commercial entity that aims to turn a profit by selling products and services. The words "firm" and "business" are interchangeable. Businesses can be organised in a variety of ways, such as sole proprietorships or corporations.

A monopoly firm has no competitors. In its sector, it is the sole business. The product or service that a monopoly provides has no comparable competitors. A monopoly firm not only owns the market, but it also doesn't have to worry about competition.

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as firms make greater use of empowerment and teams, managers will find that they

Answers

Managers aim for stability while leaders embrace change. As organizations use teams and empowerment more, managers will find that they need to change from acting more like bosses to acting more like coaches and counselors.

What are managers?

Whether a company, a nonprofit, or a government agency, management (or managing) is the administration of the organization.

It is both the science and the art of managing a company's resources.

Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals through the use of available resources, such as financial, natural, technological, and human resources, are all included in management.

Leaders embrace change, while managers strive for stability.

Managers will discover that they need to transition from being more like bosses to being more like coaches and counselors as businesses employ empowerment and teams more.

Therefore, managers aim for stability while leaders embrace change. As organizations use teams and empowerment more, managers will find that they need to change from acting more like bosses to acting more like coaches and counselors.

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Correct question:

As firms make greater use of empowerment and teams, managers will find that they ____.

HELP ASAP Many employees quit working for Burger Bliss after six months, and the
company wants to convince employees to stay longer. Which of the following
activities would best help the company retain workers?
O A. The company provides discipline for bad behavior like giving
employees days off.
B. The company recruits college graduates instead of high school
graduates.
C. The company better plans for the number of employees to hire.
D. The company tells employees that their work matters.

Answers

Answer:

D. The company tells employees that their work matters.

Explanation:

Every employer desires to attract and retain the best workers.  Employees are more likely to stay in an organization for longer if they feel appreciated. Other than monetary compensation, employees feel motivated to work when their efforts and contributions are recognized.

Burger Bliss should let their employees feel important. They should communicate to employees both in words and actions how much the company values their input.

why do competitive markets work better for life insurance than for income insurance?

Answers

Answer:Because insurance market is competitive, when companies become profitable, they start adopting a more lenient underwriting criteria and lower their premiums to grab more market share.

Explanation:

Other insurance companies react by adopting the same policies, to prevent their shares taken away or to increase their market share.

global products plans to issue long-term bonds to raise funds to finance its growth. the company has existing bonds outstanding that are similar to the new bonds it expects to issue. the existing bonds, which have a face value equal to $1,000 and a coupon rate of interest equal to 7 percent (semiannual payments), mature in 20 years. these bonds are currently selling for $949 each. global's marginal tax rate is 40 percent.

Answers

Effective yeild on the current bond = 60/1077 = 5.57%

To illustrate, consider the case of XYZ Corporation. XYZ wishes to borrow $1 million to finance the construction of a new factory but is unable to obtain this financing from a bank. Instead, XYZ decides to raise the money by selling $1 million worth of bonds to investors. Under the terms of the bond, XYZ promises to pay its bondholders 5% interest per year for five years, with interest paid semiannually. Each of the bonds has a face value of $1,000, meaning XYZ is selling a total of 1,000 bonds.

The formula for the coupon rate is as follows:

C = i / p

where:

C = coupon rate

i = annualized interest (or coupon)

p = par value of a bond

The coupon rate for the new issues should be 6%

the after-tax cost would be 6% * ( 1-40%)

= 3.6%

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What are 20 things to do at home when I have nothing to do and have done all my online school?

Answers


1. Eat a carrot
2. Vomit because carrots are disgusting
3. Play video games DUHH
4. Don’t waste your time on brainly

What are the consequences to the schedule if completion of a primary task is delayed?.

Answers

Delaying the completion of the primary task delays the start of all related dependent tasks.

What is the task and why it is used?Task, duty, job, housework, stint, commission mean work to be done. Obligation means a task imposed by an authority, an employer, or a circumstance. I am entrusted with various tasks. Obligation means an obligation to perform or an obligation to perform.The task will tell you if the work has been completed, and if the operation has returned a result, the task will return the result. What is the difference between work and task?

Work is job that must be done. A task is a part of work that needs to be done. A process is a set of actions performed for a specific purpose. Jobs and tasks define work to be done, and processes define how the work is done and how it should be done.

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Answer: The beginnings of all related dependent tasks are also delayed.

Explanation: If you decide to delay the schedule for a completion of a primary task you will fall behind in that task and all other dependent tasks that also need to be completed from that primary task. So it is best to try not to become delayed for the primary task so all the other tasks can also get completed on time.

one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user.

Answers

The statement one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user is True.

What is market segmentation?

Market segmentation can be defined as the way of separating the market into different segment or group. Example of market segmentation is putting customers that share similar or the same features into the same group

The statement is true because a company can tend to divide  a market based on whether a person is a consumer on a business user.

Therefore the statement is true.

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The complete question is :

one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user. True/False

The FINRA suitability rule requires all of the following EXCEPT: A Before a product or strategy can be recommended, a reasonable basis suitability determination must be completed, evaluating the investment's features, returns, costs and risks B Before a product or strategy can be recommended to a customer, it must be determined that the investment is suitable, based on that client's new account profile C Before a product or strategy can be recommended to a customer, it must be determined that the customer has the ability to meet the financial commitment required by the recommendation D Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks

Answers

Answer: D. Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks

Explanation:

There are some reviews with regards to FINRA suitability determinations whihc include:

• Reasonable Basis Suitability: This implies that after there has been a review of the returns, risks and costs of a product, the ones that has the best combination should be recommended.

Also, before a product can be recommended to a customer, the customer must be able to meet the financial commitment. The statement that "Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks" is incorrect.

Devonte is balancing his checking account. His account statement does not include a deposit of $107. 00 that he made on November 1st. What is Devonte’s actual account balance?.

Answers

His checking is whatever he got the plus the outstanding deposit which is $107

if a company fails to adjust for accrued expenses, what effect will this have on that month's financial statements?

Answers

If a company fails to adjust for accrued expenses, it will have a significant effect on that month's financial statements. The main terms associated with this situation are accrued expenses, financial statements, and adjusting entries.

Accrued expenses are costs that a company has incurred but has not yet paid or recorded in their accounting system. These expenses need to be recorded via adjusting entries to ensure accurate financial statements.
Financial statements, such as the income statement and balance sheet, provide a snapshot of a company's financial position and performance. They are crucial for stakeholders, such as investors and creditors, to evaluate the company's financial health.
Adjusting entries are made at the end of an accounting period to update account balances for any unrecorded transactions, including accrued expenses. These entries help to match revenues and expenses in the same accounting period.

If a company fails to adjust for accrued expenses, the financial statements will be affected in the following ways:
1. Understatement of expenses: The income statement will not accurately reflect all the expenses incurred during the month, leading to an understatement of total expenses.
2. Overstatement of net income: With understated expenses, the net income will be overstated, giving an inaccurate picture of the company's profitability.
3. Overstatement of assets: The balance sheet will not show the correct amount of liabilities related to accrued expenses, leading to an overstatement of assets.
4. Misleading financial ratios: Financial ratios calculated using the inaccurate financial statements will be misleading, potentially causing stakeholders to make incorrect decisions based on the company's financial position.
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the idea that a denim manufacturer in the united states can export its products to china while at the same time a chinese manufacturer in the denim market can export to the united states because each of the product lines has unique qualities demonstrates the idea of product'

Answers

The idea that a denim manufacturer in the United States can export its products to China while a Chinese manufacturer in the denim market can export to the United States due to the unique qualities of their product lines demonstrates the concept of product differentiation.

Product differentiation refers to the process of distinguishing a company's products or services from those of its competitors by emphasizing unique features or qualities. In the context of the denim market, both the U.S. manufacturer and the Chinese manufacturer have differentiated their product lines in a way that appeals to consumers in their respective markets.

The U.S. manufacturer's denim products likely possess certain qualities, such as specific designs, branding, or materials, that make them desirable to Chinese consumers. Similarly, the Chinese manufacturer has differentiated their denim products in a manner that attracts U.S. consumers. These unique qualities allow both manufacturers to export their products to foreign markets without direct competition, as each product line offers distinct value and appeal.

Product differentiation enables companies to compete based on factors other than price alone. By highlighting unique features, companies can capture market share and establish a competitive advantage. In the case of the denim manufacturers, their ability to export to foreign markets demonstrates the success of their product differentiation strategies, which enable them to cater to the specific preferences and demands of consumers in different regions.

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On June 1, Parson Assoc. sold equipment to Arleo and agreed to accept a 3-month, $62,000, 10% interest-bearing note in payment at a time when the prevailing rate of interest for similar transactions was 10%. When the note was collected upon maturity, Parson would recognize interest revenue of:
23. Trell Corporation transferred $52,000 of accounts receivable to a local bank. The transfer was made without recourse. The local bank remits 60% of the factored amount to Trell and retains the remaining 40%. When the bank collects the receivables, it will remit to Trell the retained amount less a fee equal to 1% of the total amount factored. Trell estimates a fair value of its 15% interest in the receivables of $9,000 (not including the 1% fee). Trell will show an amount receivable from factor of:
24.
Excerpts from Huckabee Company's December 31, 2021 and 2020, financial statements are presented below:
2021 2020
Accounts receivable $ 95,000 $ 87,000 Merchandise inventory 73,000 87,000 Net sales 415,000 387,000 Cost of goods sold 255,000 235,000 Huckabee's 2021 receivables turnover (rounded to 2 decimal places) is:
25.
Brewer Inc. is owed $205,000 by Carol Co. under a 15% note with two years remaining to maturity. Due to financial difficulties Carol Co. did not pay the prior year's interest. Brewer agrees to settle the receivable (and accrued interest) in exchange for a cash payment of $155,000. The journal entry that Brewer would make to record this transaction would include a loss on troubled debt restructuring as bad debt expense in the amount of:

Answers

Interest income is the salary that an entity receives from any investments it makes, or on debt it owns.

What is an example of interest revenue?

If a bank has a mortgage portfolio of $1 billion incomes an common of 5% interest, the bank's interest revenue will be $50 million. On the liability side, if the financial institution has great customer deposits of $1.2 billion incomes 2% interest, then its activity cost will be $24 million.

Is interest income an expense?

Interest cost and hobby profits are two important ideas to understand when it comes to your finances. Interest fee is the value of borrowing money, whilst interest earnings is the money you earn from investing. Interest rate is normally tax-deductible, while activity earnings is taxable.

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QUESTION 6 of 10: You had five designers work 45, 40, 36, 42 and 37 hours respectively. What is the average number of hours they worked?
a) 39
b) 40
c) 41
d) 42

Answers

Answer:

B) 40

Explanation:

use the mean formula,

sum of data / number of data

What is the science that studies trends and changes in human populations?
A. Cohorts
B. Statistics
O c. Technology
D. Demography

Answers

Answer:

The answer to your question is D.

Demography is the statistical study of trends and changes in human populations. Thus, the correct option is D). Demography.

What is Demography?

Demography refers to the statistical study of human population. It includes the study of human populations and population changes and trends by using different resources such as statistics of births, deaths, income and disease.

Demography is the scientific study which is important to understand the structure of a population in order to plan health and public health interventions, to know how far the growth rate of the economy is keeping pace with the growth rate of population etc.

Demographers are those researchers who conduct demographic analysis by using census data, surveys, and statistical models to analyze the size, movement, and structure of populations.

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ESTIMATING COSTS
ACTIVITY 1- Scenario: Margaret has recently opened up her own
Beauty Salon in Abu Dhabi. She has been operating for the last 6
months as a sole trader.
List Margaret's costs for her business below:

Fast plz​

Answers

Answer:

Opening your own hair salon is a milestone for any hairdresser. You may be wanting to open a salon so that you are self-employed. You may also be wanting to provide your own clients with services that align with your vision of what a hairdressing experience should be. However, opening a hairdressing salon is a big responsibility, even if you have previous experience in the hairdressing industry.

One of the most important things you will need to consider when planning to open a hairdressing salon is how to structure your business. Your business structure is the legal framework of your business. It has the potential to reduce your exposure to financial risk and enable flexibility for growth. The wrong business structure for a new business may be costly and may not be suited to your business goals. This article considers four popular business structures and their suitability for hairdressing businesses.

1. Sole Trader

If you are starting a hairdressing salon on your own or are wanting to freelance, you may choose to operate as a sole trader. As a sole trader, you will have full control and autonomy of the running your business. This structure is usually relatively easy and cheap to set up. It also has minimal legal formalities.

To set up as a sole trader, you will need an Australian Business Number (ABN). If you intend to trade under your own name, then you don’t need to register a business name. However, if you plan to operate under a different name, you simply need to register a business name with the Australian Securities and Investments Commission (ASIC).

Although it has an easy setup, this structure does come with risk. If any of your clients sue you or you incur any debts, you will be personally responsible. This means that if you can not repay these debts from the funds of the business, you will have the repay the debt from your own personal finances.

Also, as a sole trader, you have limited resources available to fund the growth of your business. You will need to rely on:

personal savings;

loans; and

business profits.

You cannot raise funds from the general public. Being a sole trader may also not be the most tax-effective decision. This is because a sole trader is liable to the same tax rate applicable to individual taxpayers on income earned. You should check this with an accountant or tax lawyer.

2. Partnership

If you plan to open your hairdressing salon with one or more business partners, you may choose to enter into a partnership. Similar to a sole trader, the setup is simple and has minimal upfront costs. You will require an ABN for the partnership and most partnerships also register a business name.

It is also important for the partners to enter into a partnership agreement. This agreement governs the relationship between partners and sets out key terms, which may describe:

how the business will be managed;

how the profits will be shared;

who will fund the partnership;

how you or your partners can sell your share in the business; and

the process for managing disputes.

However, setting up a partnership also comes with risks. Like a sole trader, if someone sues you or you go into debt, your personal assets and finances will be at risk.

Additionally, partnerships involve joint liability. Therefore, you may be personally liable for business debts owed by any of the other partners. The amount owed is not divided proportionally according to your percentage of ownership in the business, so you could be responsible for paying the entire amount.

Like a sole trader, you cannot raise funds from the general public to fund the growth of your business. You will need to rely on:

the savings of each partner;

loans; or

business profits.

However, unlike a sole trader, you can look to bring on more partners to increase the pool of funds available for the business.

3. Company

Whether you are operating your hairdressing salon on your own or with other business partners, you may decide to operate as a company. A company is a separate legal entity. This means it is capable of suing and being sued. It also holds assets in its own name and can enter into contracts in its own name.

There are two key players involved in the management of a company. These are shareholders and directors. As the founder of your business, you will usually be both a shareholder and a director of the company that you establish. Any other business partners may also take on these roles.

hope it helps

an innovation stream moves from one technology cycle to another through the process of ____.

Answers

An innovation stream moves from one technology cycle to another through the process of "technological discontinuities."

Technological discontinuities refer to significant changes in the dominant design or architecture of a technology, which can fundamentally alter its performance, cost structure, and user experience.

These changes can create new opportunities for innovation and market disruption, as well as challenges for established players who may struggle to adapt to the new paradigm.

There are three types of technological discontinuities: incremental, radical, and disruptive. Incremental discontinuities involve minor improvements to existing technology, such as faster processors or better materials. Radical discontinuities involve significant changes to the design or architecture of a technology, such as the shift from vacuum tubes to transistors in electronics.

Disruptive discontinuities involve a new technology that initially performs worse than the existing technology but eventually surpasses it, such as digital cameras replacing film cameras.

As the innovation stream moves through these different types of discontinuities, it creates opportunities for new entrants and shifts in market leadership. Successful companies are those that are able to anticipate and adapt to these changes, rather than clinging to the past.

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How much candy is in 30 bags? there are 10 pieces of candy each

Answers

Answer:

300

Explanation:

10/30=300

Positive external trends or changes that provide unique and distinct possibilities for innovating and creating value are called _____________. ​

Answers

Positive external trends that provide individual and distinct possibilities for innovating and making value are called Opportunities. ​

These are shallow clear trends or products that offer unique and special possibilities for creation and value creation. These are external factors that might provide a business with a competitive benefit with distinct possibilities for innovating and creating deals.

If a government reduces taxes, a car factory can ship its vehicles to a new market, increasing deals and need share. Thus, these are the opening chances for something cheerful to take place. External environmental elements are the aspects outside the firms that impact the business.

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which "quality of service" dimension would you be assessing when asking the question, "how pleasing is the appearance of the physical facilities, equipment, personnel, and communication materials?"

Answers

Tangibles The "quality of service" dimension would be evaluated when the inquiry is posed.

The required details for Tangibles in given paragraph

You can physically touch something tangible. A rock is tangible, just like a shattered window is; if the rock is adjacent to the window, it can be tangible vandalism proof. When we remark that the tension in a room is tangible, we imply that we can almost physically feel it.

A tangible good is a physical item that you stock and ship to your customer, as the name suggests. A service is something you provide that isn't a tangible or digital good, like consulting or project labor.

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