Answers
The adjusting entry will be Supplies expense $4,090 (debit) Supplies $4,090 (credit) 4630+2180-2720=4090
Supplies expense is the price of the consumables used within a reporting period. Depending on the type of company, this may be one of the more expensive corporate expenses. The following two categories of supplies may be charged as expenditures. Accounting experts can create financial reports that are more thorough and accurate by including the materials expense. Employee purchases and removals of materials from the storage locker for use are balance sheet assets that become expenses on the income statement. Adjusting entries move items used from supplies on hand to the supplies expenditure account at the end of each reporting month.
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Related Questions
Financial accounting
Answers
Answer:
What is the radius if the diameter is 12 meter
Can a society address all of these goals
Answers
A society can address the important goals that are set for its resident's success.
5 Basic Goals of a SocietyThere are 5 basic goals that a society wants to accomplish however not all the goals are achievable at once but still plans can be made accordingly and eventually success will be the destiny.
The 5 basic goals of a society are
Security StabilityFull EmploymentEconomic FreedomEconomic GrowthTherefore a society can achieve its goal if its vision and mission are clear.
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With regard to the composition of corporate boards in the United States,
corporate boards average approximately 12 members.
O about half of the directors are "outside" directors.
O five percent have at least one woman on the board.
twenty-five percent of all companies have at least one minority board member.
Answers
With regard to the composition of corporate boards in the United States, option B. About half of the directors are "outside" directors.
Corporate boards in the United States typically consist of a group of individuals responsible for overseeing the management and decision-making of a company. The composition of these boards can vary, but there are some common trends and practices.
Option A states that corporate boards average approximately 12 members. While this may be true for some companies, board sizes can vary significantly depending on the size and nature of the organization. Smaller companies may have fewer board members, while larger corporations may have larger boards to accommodate the complexities of their operations.
Option C suggests that five percent of corporate boards have at least one woman on the board. However, the representation of women on corporate boards has been a topic of discussion and a focus of efforts to improve diversity. Recent studies and reports indicate that progress has been made, and the percentage of women on boards has been increasing over time. However, the exact percentage varies among companies and industries.
Option D states that twenty-five percent of all companies have at least one minority board member. Like gender diversity, the representation of minorities on corporate boards has been a topic of concern and initiatives promoting inclusion. The percentage of companies with minority board members may vary, and efforts are being made to improve diversity in this regard as well.
Overall, it is important to recognize that the composition of corporate boards in the United States is evolving, and there is increasing recognition of the importance of diversity, including gender and minority representation. While specific percentages may vary, there is a growing emphasis on promoting diversity and inclusion in corporate governance practices. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
With regard to the composition of corporate boards in the United States,
A. corporate boards average approximately 12 members.
B. about half of the directors are "outside" directors.
C. five percent have at least one woman on the board.
D. twenty-five percent of all companies have at least one minority board member.
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Which of the following is incorrect in terms of data warehousing and business intelligence? Group of answer choices Operational information is mainly current Does not include information from other operational applications Operational information frequently has quality issues Operational systems are integrated
Answers
Answer:
Operational systems are integrated.
Explanation:
A data warehouse can be defined as a large collection of data gathered or collected from various sources within an organization and managed to provide a guide for making decisions by the management.
This ultimately implies that, a data warehouse avails the management of an organization the ability to collect, analyze and manage data in order to gain meaningful insights and aid in the decision-making process.
In terms of data warehousing and business intelligence, the following statements are true and correct;
I. Does not include information from other operational applications.
II. Operational information is mainly current.
III. Operational information frequently has quality issues.
As shown in the graph, the current equilibrium price for a popular street motorcycle is $7,000. An increase in demand causes the price and quantity both to rise so the producers' total revenue per month in dollars jumps from $3.5 million to $6.3 million. Model this change by shifting the demand curve.
To refer to the graphing tutorial for this question type, please click here.
What will happen to the producer surplus?
The producer surplus will
increase from $
2.8
million dollars per month to $
million per month.
Answers
If the market charge is above the equilibrium price, volume furnished is greater than extent demanded, creating a surplus. Market fee will fall. Example: if you are the producer, you have a lot of extra stock that cannot sell.
What is the effect of enlarge in demand on equilibrium rate and quantity?An enlarge in demand, all different matters unchanged, will reason the equilibrium fee to rise; quantity furnished will increase. A limit in demand will cause the equilibrium price to fall; extent provided will decrease.
The fee point for a product stays stable when it is at market equilibrium, raises when there is a scarcity and decreases when there's a surplus . In other words, if you had a sketch of the grant and demand for a product, the factor where the supply curve intersects with the demand curve is the point of equilibrium.
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https://brainly.com/question/26075805#SPJ1What is a logical argument for ethical decision-making and ethical impact in a technological society.
Answers
Answer:
Kindly check explanation
Explanation:
Technological advancement has without doubt brought a whole lot to our environment ranging from the ease, speed and volume at which we get things done, the making of new and better products to mention just a few. However, like most other impacting strategies, it comes with its own points of concern. The derision of ethics by certain technological processes have raised a few eyebrows, the need to innovate has to be checked and balanced such that it does not infringe upon the values and morals of individuals and businesses. Some of the ethical concerns include ; increased and easy accessibility to immoral viewings. The intrusion of private and public data unsolicited data in other derive or generate insight. This data may often be used for more than it was requested. The threat posed to health due to testing usually from innovative experiment and research.
Does the requirement to walk an average of eight or nine miles at a fast pace every day strike you as a reasonable expectation for employees at Amazon, or any other workplace?
Answers
The requirement to walk an average of eight or nine miles at a fast pace every day strike as a reasonable expectation for employees at Amazon Distribution center, or workplace like warehouses.
What is a Amazon Distribution center?Amazon is online ecommerce platform where goods are sold via use internet & electronic device. Amazon has large distribution centers across the globe. The Employees who work there have great amazon pace in movement of goods.
The Amazon Pace is a quick, aggressive walk, verified that the typical workers walks between eight and nine miles every shift.
These workers are referred to as "pickers," and it is their responsibility to swiftly fill orders and transport them to the processing and packing center. The center's layout, which is a trade secret, produces a random distribution of products.
Therefore there is material requirement of quick pace in Amazon centers as well as places like warehouses.
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A corporation issued 6,200 shares of $10 par value common stock in exchange for some land with a market value of $94,000. The entry to record this exchange is:
Answers
Answer:
Debit Land $94,000; credit Common Stock $62,000; credit Paid-In Capital in Excess of Par Value, Common Stock $32,000
Explanation:
Preparation of what The entry to record this exchange is:
Debit Land $94,000
Credit Common Stock $62,000
(6,200*$10)
Credit Paid-In Capital in Excess of Par Value, Common Stock $32,000
($94,000-$62,000)
(To record exchange)
A loss is when:
A. Revenue is greater than expenses.
C. Revenue is equal to expenses.
B. Revenue is less than expenses.
D. None of the above.
Answers
Answer: B. Revenue is less than expenses.
Explanation:
A counterfeit id is intended to an official document, but is not authentic
Answers
Answer:
If this is the case then it is not valid.
Explanation:
Any counterfeit id is illegal and should never be rendered to be used for any purpose in relation to official documents.
What are the arguments for and against the concept of corporate social responsibility? Where do you stand, and why? Give your opinions, specifically, with respect to the text examples.
Answers
Public image of the company.
Moral Justification.
Public Support for business.
Long run survival of the organization and the public both.
Common arguments that go against CSR are:
Ambiguity in business policies.
Moral Responsibility.
Shareholders' rights
Explanation:
Against
The public should perceive the company as their savior and not their enemy. CSR helps a company stay in the good books of the public. If a cigarette manufacturing company opens a profit free farm or a recreational park for the public, it will ensure the maintenance of a positive image.
Morally, when a company takes something from the public e.g their clean air, or clean environment, then morally the company is bound to give something in return e.g a water filtration plant.
CSR can lead the public to support the company during times of need. A company during tough times might get several volunteers if it is known to have given much to the public.
Co-dependence is essential for the survival of both the organization and the public. Companies excel if the public likes them. If a company has been known to have only take and never give, then the balance is disturbed.
Against:
Not every company has the resources or interest to focus on one problem. Therefore, ambiguous policies of different organizations lead to partial working on one social issue or environmental issue. it leads the problem to be partially solved and not completely eliminated.
Company might morally owe the public in some domain but might not have the resources to fix that particular problem. It may leave the company in a moral debt. In order to compensate, a company may go beyond its capabilities which will not result in mutual benefit. Only one party will be happy.
CSR activities require resources. A company has several stakeholders and all might nit agree to spending/donating their profits for CSR activities. This may sound 'selfish' but public doesn't always know what the stakeholders are going through. CSR in such a case may deprive a stakeholder from a fraction of his share of profit.
what happens in your retirement if you have a lapse in your years of work history?
Answers
Your monthly benefit will be lower
A lapse in your years of work history refers, There are generally the four ways by which we can handle it, various points are as leave it where it is, and the second point refers that, roll it over an ira.
What is employment?In most cases, employment refers to the status of having a paid job—of being employed. Employing someone is paying them to work. Employees are employed by an employer. Employment can also refer to the act of hiring individuals, as in We're trying to hire more women.
The employment lapse refers that, The working period of an employee and, The commencing of the individual's termination from the service date. He can continue to begin the performance services as an employee.
Therefore. As a result, The ends of the benefits, or the privileges are been applicable under a policy.
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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
Answers
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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Smith, Inc., has the following stockholders’ equity accounts as of January 1, 2021: Preferred stock—$100 par, nonvoting and nonparticipating, 6% cumulative dividend $ 2,250,000 Common stock—$20 par value 4,250,000 Retained earnings 10,250,000 Haried Company purchases all of Smith's common stock on January 1, 2021, for $14,550,000. The preferred stock remains in the hands of outside parties. Any excess acquisition-date fair value will be assigned to franchise contracts with a 40-year remaining life. During 2021, Smith reports earning $700,000 in net income and declares $610,000 in cash dividends. Haried applies the equity method to this investment. What is the noncontrolling interest's share of consolidated net income for this period? What is the balance in the Investment in Smith account as of December 31, 2021? What consolidation entries are needed for 2021?
Answers
The specific consolidation entries would depend on the specific details of the transactions and the accounting policies adopted by the companies involved.
To determine the noncontrolling interest's share of consolidated net income for the period and the balance in the Investment in Smith account as of December 31, 2021, we need to calculate the noncontrolling interest's share of net income and the equity method adjustment.
1. Noncontrolling interest's share of consolidated net income for the period:
Net income for Smith, Inc. in 2021 is $700,000. Since Haried Company applies the equity method to its investment, it recognizes its share of Smith's net income as an increase in its Investment in Smith account.
Noncontrolling interest's share of consolidated net income = Net income for Smith, Inc. - Haried Company's share of net income
Net income for Smith, Inc. - Haried Company's share of net income = $700,000 - Haried Company's share of net income
2. Balance in the Investment in Smith account as of December 31, 2021:
The Investment in Smith account represents Haried Company's initial investment in Smith, Inc. and any subsequent adjustments based on the equity method. To calculate the balance in the Investment in Smith account as of December 31, 2021, we need to consider the initial investment, share of net income, dividends, and any equity method adjustments.
Balance in the Investment in Smith account as of December 31, 2021 = Initial investment + Haried Company's share of net income - Dividends +/- Equity method adjustments
3. Consolidation entries for 2021:
Since Haried Company applies the equity method, the consolidation entries for 2021 would involve recording the initial investment, recognizing Haried's share of Smith's net income, and adjusting for any dividends declared by Smith.
The specific consolidation entries would depend on the specific details of the transactions and the accounting policies adopted by the companies involved. Generally, the entries would involve debiting the Investment in Smith account for the initial investment, crediting the equity or investment income account for Haried's share of net income, and debiting the Investment in Smith account for any dividends received.
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Sales Management N5
Answers
Sales Management N5 equips students with the knowledge and skills necessary to effectively lead and manage a sales team
Sales Management N5 typically refers to a specific course or module within a sales management curriculum. This level of sales management education focuses on developing the knowledge and skills necessary to effectively manage a sales team and achieve sales objectives.
In this course, students learn various aspects of sales management, including sales planning, sales organization, sales forecasting, sales budgeting, sales training and development, sales force motivation, and sales performance evaluation. The aim is to provide students with a comprehensive understanding of the sales management process and equip them with the tools to lead and motivate a successful sales team.
Sales Management N5 emphasizes the importance of strategic planning and aligning sales activities with the overall organizational goals. Students learn how to develop sales strategies, set sales targets, and create sales plans that guide the actions of the sales team. Additionally, they gain insights into effective sales organization structures, including territory management, key account management, and sales force specialization.
The course also covers sales forecasting and budgeting, teaching students how to predict future sales trends and allocate resources accordingly. Sales training and development play a crucial role in Sales Management N5, as students learn how to enhance the knowledge, skills, and competencies of their sales team through training programs and coaching initiatives.
Sales force motivation is another key aspect covered in this course, focusing on techniques to inspire and incentivize sales representatives to achieve their targets. Sales performance evaluation is explored to assess individual and team performance, identify areas for improvement, and recognize high performers.
Overall, Sales Management N5 equips students with the knowledge and skills necessary to effectively lead and manage a sales team. By understanding the sales management process and mastering key strategies, students are prepared to drive sales growth, optimize performance, and contribute to the overall success of the organization.
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According to the law of supply, what happens to the quantity that
the suppliers create when the prices increase?
Answers
Answer: the quantity supplied also increases.
Explanation: The law of supply states that there is a direct relationship between price and quantity supplied. In other words, when the price increases
how to get rid of detrimental body language in the negotiation
Answers
Answer:
The answer is below
Explanation:
There are various ways to get rid of detrimental body language in the negotiation. Some of which are:
1. Speak with confidence and coherently: this will show you're not desperate
2. Maintain eye contact: keeping eye contact during negotiations shows you're sure of what you're saying and won't be smooth-talked or dominated.
3. Make a good handshake: some believe a firm handshake shows you're strong character, hence the other party will respect your opinions or negotiations point of view better.
4. Ensure you keep a nice posture or position: fidgeting around met be translated as being weak or uncomfortable, hence, the other party may think you're not sure of yourself.
Choose the answer.
Patrice is about to post a message on social media on behalf of her company. What is an important question she should ask herself before posting this message to ensure it is ethically appropriate to share?
Question 2 options:
Will at least 50 percent of the public like the message?
Have I stated the facts accurately?
Did I create a post that will likely go viral?
Will most of our followers repost this message?
Question 3
Choose the answer.
Don is a textbook salesperson and is preparing a pitch for college instructors to encourage them to adopt one of the textbooks he is selling. During his pitch, he brags that his company's textbooks are all written by highly educated men, unlike those of their competitors. After the pitch, his supervisor takes him aside and explains how his presentation was unethical. In what way was it wrong?
Question 3 options:
The information could be considered coercive.
Sharing the information violated the privacy of the authors.
Sharing the information is illegal.
The information presents an unfair bias against women authors.
Question 4
Choose the answer.
Tonya is applying for a promotion and has asked her boss, Blake, to write a letter of recommendation for her. Blake writes a letter in which he explains in detail that Tonya has suffered from major health problems in the last year but has not let her work suffer because of it. What ethical mistake has Blake made?
Question 4 options:
story was not factually accurate
bias against people with health problems
plagiarism
violation of Tonya's privacy
Question 5
Choose the answer.
Michael is always oversharing personal information on social media sites. According to psychologist Sandi Mann, what is one of the main reasons people overshare online?
Question 5 options:
greed
boredom
concern for others
high self-esteem
Answers
Answer: b b c b in that order
Explanation:
The questions revolve around ethical considerations in various scenarios, particularly with respect to social media and communication in a professional context. The key consideration in these instances is to ensure accuracy, avoid bias, respect privacy, and regulate appropriate sharing.
Explanation:In answering the posed questions. For Question 2, before posting a message on social media on behalf of her company, Patrice should ask herself, 'Have I stated the facts accurately?'. This is because it's crucial to ensure information consistency and credibility in a corporate setting. For Question 3, Don's unethical act during his pitch was that 'The information presents an unfair bias against women authors'. It is important not to make discriminatory or biased comments in a professional setting. Answering Question 4, The ethical mistake Blake made is the 'Violation of Tonya's privacy'. Personal health information should always be kept confidential unless the owner gives permission to share it. Lastly, for Question 5, the main reason, according to psychologist Sandi Mann, that people like Michael overshare online is 'Boredom'.
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Today is also the day on which your manager’s boss is collecting information about your manager’s leadership style so that they can give him a 360-degree appraisal. They assure you that your comments about your manager will remain confidential, but the nature of your thoughts is such that he probably would guess you are the person who made those comments. Specifically, you think that your manager takes offense easily, has a bad temper, and could be more effective in time management. Would you share your thoughts with your manager’s manager?
Answers
The decision to share feedback about a manager should be based on a careful evaluation of the potential impact and one's own personal values and goals.
Sharing negative feedback about a manager can be a delicate situation, especially when it may affect the manager's performance review and future career opportunities. Before deciding whether to share the thoughts with the manager's manager, it is important to consider the potential consequences and benefits of doing so.
If the feedback is constructive and could help the manager improve their leadership skills, it may be worth sharing with the manager's manager in a tactful and respectful manner. However, if the feedback is solely based on personal opinions and could harm the manager's reputation or career prospects, it may be best to keep those thoughts to oneself.
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Which of the following government agencies regulates financial markets?
a. OSHA
b. The IRS
c. The FAA
d. The OTS
(sorry if it’s wrong category)
Answers
Answer:
THE OTS
Explanation:
they regulate markets that are financial
Answer:
The right answer is the D. The OTS
Explanation:
I have put the FAA but it was wrong so they show me the right answer which was d. The OTS.
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FRY-9C, FRY-14M, FRY-14Q, FRY-2052a, FP&A, CRR
What are these terms exactly mean? How do they work in business? What each term do?
Answers
The terms mentioned above are used in economics and have to do with finance.
What are FRY-9C, FRY-14M, and FRY-14Q?In order to keep an eye on financial institutions in between on-site inspections, the FR Y-9C is the main analytical tool employed. The form, which is the most frequently requested and scrutinized report at the holding company level, contains more schedules than any other report in the FR Y-9 series.
The FR Y-14M report gathers monthly in-depth information on the loan portfolios of bank holding companies (BHCs), savings and loan holding companies (SLHCs), and intermediate holding companies (IHCs). Three loan- and portfolio-level collections, as well as one in-depth address matching collection, make up the report.
On a quarterly basis, the FR Y-14Q compiles comprehensive information on the various asset classes, capital components, and pre-provision net revenue (PPNR) categories of the bank holding companies (BHC), savings and loan holding companies (SLHCs), and intermediate holding companies (IHC).
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Davis Corporation borrowed $50,000 on January 1, Year 1. The loan is for a 5-year period and has an annual interest rate of 9%. At the end of each year, Davis will make a payment of $7,791, which includes both principal and interest. The amount of the payment for Year 1 that is interest expense is $4,500. Group startsTrue or False
Answers
The amount of the payment for Year 1 that is interest expense is $4,500.
The interest paid on loan is a function of the interest rate and the amount borrowed. In order to determine the interest paid, the interest rate would be multiplied by the amount borrowed.
Interest = interest rate x amount borrowed
interest rate = 9% amount borrowed = $50,0009% x $50,000
0.09 x $50,000 = $4,500
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What did the Retirement Analyzer results show you about your retirement? Will you have enough monthly income to live comfortably in retirement? What steps can you take to save and invest in your future, while still paying bills and living now?
Answers
Using the Retirement Analyzer, you can assess whether your monthly income in retirement will suffice for a comfortable lifestyle.
What is Retirement AnalyzerThe tool takes into account multiple variables, including existing investments, savings, expected expenses, and retirement objectives, to provide an accurate analysis. By means of an examination, it offers perspectives on whether or not your retirement funds are adequate.
If the Retirement Analyzer shows that your monthly income for retirement may be insufficient, evaluate your current savings rate and contemplate on augmenting it to boost savings.
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select a business from any of three business sectors
Answers
A business from any three business sectors is industry. Businesses clearly differ in what they do.
Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.
As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.
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Asorting tool is most likely used to
find missing data
present ordered data
generate search results
find information sources
Answers
Auerbach Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $425 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2022. The effective interest rate established by the market was 6%. Assuming that Auerbach issued the bonds for $361,772,495, what interest expense would it recognize in its 2021 income statement
Answers
Answer:
The answer is "\(360595900\)".
Explanation:
Interest expense for 3 months till December 31, 2021 \(= \$361,772,495 \times 6\% \times \frac{3}{12}= 5,426,587.43\)
Less: Interest payable for 3 months till December 31, 2021
\(=\$425000000\times 4\% \times \frac{3}{12}= 4,250,000\)
Discount amortized till December 31, 2021: \(1176587.43\)
The issue price for Bonds \(\$361,772,495\)
Add: Discount amortized till December 31, 2021 \(1176587.43\)
Net bond liability balance at December 31, 2021 \(360595907.57\)
360595900 (rounded off)
In St. Bobo, the government decided to build a bridge instead of a Hospital. The opposition said the hospital should have been built first.
What is the opportunity cost of building the bridge?
Answers
Based on the explanation provided below, the opportunity cost of building the bridge is the hospital.
What is the meaning of opportunity cost?Opportunity cost refers to an alternative or an activity that is lost, forgone, or given up when another alternative or activity is chosen.
From the question, the opportunity cost of building the bridge is the hospital.
This is because the hospital is the alternative activity that will be given up, while the bridge will be chosen and built.
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Which of the following supports a business strategy that incorporates the key
operational capability of flexibility?
O Utilizing specialized, automated equipment for consistent product buildup
O Using electronic tools to improve customer communications
Having high quality standards for suppliers
O Reducing labor and shelving costs
O Maintaining excess production capability
Answers
Business strategy that incorporates the key operational capability of flexibility is utilizing specialized, automated equipment for consistent product buildup.
Thus, the correct option is A.
What is Business strategy?
A business strategy explains the precise methods through which a company intends to position itself, accomplish its short- and long-term objectives, and expand over time.
A plan outlining how a corporation will accomplish its objectives is known as a business strategy. Although there are many distinct business strategies, cost leadership, differentiation, and focus are a few typical examples.
Cost, quality, distribution, technology, and intellectual property are the only five corporate tactics (IP). These five concepts, or a mixture of them, form the basis of all corporate strategy. Focusing your business on just one thing is generally the simplest to implement.
A strategy is essentially just a hypothesis. For a strategy to be effective, the issue that needs to be resolved must be accurately diagnosed, a guiding policy must be established to handle the issue, and a set of cogent actions must be proposed to carry out the policy.
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Which type of loan is also known as a cash advance loan or a deferred deposit loan?
Answers
Explanation:
A payday loan is a short-term loan, generally for $500 or less, that is typically due on your next payday.
They are also known as cash advance loans, post-dated check loans, check advance loans or deferred deposit loans.
Question 4 (4 points)
Match each Type of Sales Channel to its corresponding description.
>
Selling products in bulk
to various outlets or
retailers for onward
sale.
When a brand or
manufacturer sells
direct to consumers
and the end users of
their products, as
opposed to selling to
them solely through
retailers.
Selling products directly
to end customers for a
profit, either in-store,
online, mail-order, or
by phone.
Businesses that sell to
other businesses who
are the intended end
user of the product.
1. Retail.
2. Wholesale
3. Direct to Consumer
4. B2B
Answers
Based on business and trading methods, the type of sales channel, that matches the description can be any of the following Retail, Wholesale, Direct Consumer, or B2B.
What are Sales Channels?The Sales Channel is a term that is used to describe the ways or methods in which producers sell their products. This method can either be through direct or indirect routes.
Considering the available descriptions we have the following sales channel matching them.Wholesale: Selling products in bulk to various outlets or retailers for onward sale.Direct to Consumer: When a brand or manufacturer sells direct to consumers and the end users of their products, as opposed to selling to them solely through retailers.Retail: Selling products directly to end customers for a profit, either in-store, online, by mail-order, or by phone.B2B: Businesses that sell to other businesses who are the intended end user of the product.Hence, in this case, it is concluded that each of the types of sales channels has its peculiarities that producers may choose to utilize.
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