A Project Engineer at the Michigan office is excited about an engineering software change to improve the reliability of the central processing unit. Unfortunately, the change involves some conflicting proprietary rights due to the Chief Designer's past work ties to Bridgeway's major competitor. Even though the Project Engineer was warned of this issue, she really wants to be the first to market with this change. There may be future financial rewards for her and the company that may be too good to pass up. As the Chief Liaison Officer, should you suggest the Project Engineer go forward with this engineering change
Answer:
9 76
Explanation:
9
Which of the following is NOT a disadvantage of personal interviews?
Answer:
Where are the options to this question
Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
P5-18 Calculating deposit needed. You put $10,000 in an account earning 5%. After 3 years, you make another deposit into the same account. Four years later (7 years after your original $10,000 deposit), the account balance is $20,000. What was the amount of the deposit at the end of year 3
Answer:
$4877.80
Explanation:
The computation of amount of the deposit at the end of year 3 is shown below:-
Future value = Present value × (1 + Rate of interest ÷ 100)^number of years
$20,000 = 10,000 × (1 + 5 ÷ 100)^7 + Deposit at end of year 3 × (1 + 5 ÷ 100)^4
$20,000 = 10,000 × (1.05)^7 + Deposit at end of year 3 × (1.05)^4
$20,000 = 14071.00423 + Deposit at end of year 3 × (1.05)^4
Deposit at end of year 3 = ($20,000 - 14071.00423 ) ÷ (1.05)^4
= $5928.995773 ÷ 1.21550625
= $4877.799496
or
= $4,877.80
We simply applied the above formula to find out the amount of deposit at the year 3 end
Define the term product mix and describe at least two strategies that companies may use to manage their product mix.
Describe the stages of the product life cycle.
Describe the purpose and common uses of a SWOT analysis.
Explain the goal of product planning and typical product planning activities. What impact do operation needs, such as size of staff, distribution, etc. have on making decisions about products and services?
Explain the four components of a product’s utility.
FIVE SHORTS ANSWERS PLEASE.
1) Product mix refers to the set of all products or product lines that a company offers for sale. This includes variations in product size, style, color, and other features. Companies may use various strategies to manage their product mix, including product line extension and product line contraction. Product line extension involves adding new variations or products to an existing product line, while product line contraction involves eliminating products or variations that are no longer profitable or aligned with company goals.
2) The goal of product planning is to ensure that a company's products meet customer needs and are profitable. Typical product planning activities include identifying customer needs and trends, researching and developing new products, determining pricing and promotional strategies, and evaluating product performance. Operation needs, such as the size of staff and distribution capabilities, can impact decisions about which products and services a company offers. For example, a company with limited distribution capabilities may choose to focus on a smaller product mix that can be efficiently distributed to customers. Similarly, a company with a small staff may choose to focus on a narrower product mix that can be effectively managed with limited resources.
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What are some solutions for schools to fix the problem of too much work/homework given by teachers
they could give out less homework
give out weekly packets instead of a lot of daily work
only do necessary work
do more work in class
give homework every 2 weeks
or stop giving homework all together
Suppose the return on the market is expected to be 7%, a stock has a beta of 1.5, and T-bill rate is 3%. The SML would predict an expected return on the stocks of 9%. If you believe the stock will provide instead a return 11%. Its implied alpha is
Answer:
2%.
Explanation:
Calculation of the alpha of the stock
Implied Alpha Formula = Actual return - Expected return as per CAPM
Implied Alpha = 11% - 9%
Implied Alpha = 2%
Since you believe the stock will provide instead a return 11%, its implied alpha will be 2%.
How is productivity different in a goods-producing occupation and in a service-
providing occupation?
Answer:
Productivity for goods-producing tend to have a more simple variables for measurement. This might not be the case for service-providing occupations.
For goods producing occupation, productivity usually measured by two standards alone: The numbers of goods produced and the numbers of defect. A company will be considered to have good productivity if it has High number goods produced and the low defects.
For service-providing occupation, this measurement can be a bit more complicated.
Services usually depended on the type of costumers. A service that considered as 'satisfactory' by one costumers will not necessarily perceive the same way by the other customers. (For example, let's say that you work work as a barber and give 1 same hair style to two different customers. One customers might completely love your work while the other might completely hate it. Even if you're producing one same hair style )
This make measuring productivity for service industries become harder compared to manufacturing industry.
A MAIN reason cited by American businesses for outsourcing jobs to other countries is the high cost of
A. labor in the United States.
B. building factories.
С. training new workers.
D. shipping products around the world.
Answer:
The correct answer is A. A main reason cited by American businesses for outsourcing jobs to other countries is the high cost of labor in the United States.
Explanation:
Outsourcing means separating from the organizational structure of the enterprise some functions performed by them independently and transferring them to other entities for execution. This decentralization process is very evident in American companies that produce manufactured goods, which place the primary production processes in other countries such as China, Mexico or Vietnam, among others, to produce their products at a lower cost, given the lower costs. labor (lower wages, lower taxes, less expensive regulations, etc.).
Answer:
The answer is A for E2020
Explanation:
Just took the Exam
two examples of the use of pricing tactics
Answer:
Price skimming. When you use a price skimming strategy, you're launching a new product or service at a high price point, before gradually lowering your prices over time. ... Penetration pricing. ...Explanation:
Calculate the total account value for $10,000.00 at 10% interest for 15 years
Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
The system is mr. D using at walgreens to reduce his costs is just in time inventory.
What is just in time inventory?JIT, or just-in-time inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.With a just-in-time (JIT) inventory system, a business receives products as close as feasible to the moment they are actually required. As a result, if an auto assembly facility wants to install airbags, it doesn't maintain a supply on hand; instead, it gets them as the cars are put together.In conclusion. When used properly, JIT inventory can be a terrific method to reduce costs and boost productivity.
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Assume that the British government eliminates all controls on imports by British companies. Other things being equal, the U.S. demand for pounds would ____, the supply of pounds for sale would ____, and the equilibrium value of the pound would ____. a. remain unchanged; increase; decrease b. remain unchanged; increase; increase c. decrease; increase; decrease d. increase; increase; increase
Answer:
increase
increase
decrease
16. Who has the control and management of company? (1) (a) Managing committee (b) Partners
(c) Karta (d) Board of directors
Answer:
(d) Board of directors
Explanation:
The board of directors is at the summit of a company's organizational structure. It is the most senior decision-making organ of a company. It is composed of a group of individuals elected to represent the shareholders. The board of director's main role is to give policy direction and oversight the top management.
The board of directors is a purely managerial body. It meets at intervals to discuss company affairs. The board of directors recruits the chief executive officer of the company.
Your friend Stan owns a coffee shop in a monopolistically competitive industry. One day, Stan tells you (an economist) that he is earning an economic profit and is setting his price equal to his marginal cost. Is Stan producing the profit-maximizing amount of coffee? What should he do?
In a monopolistically competitive industry, each firm has some control over the price it sets due to product differentiation.
Stan mentioned that he is earning an economic profit and setting his price equal to his marginal cost. To determine whether he is producing the profit-maximizing amount of coffee, we need to consider a few factors.
1. First, let's understand the relationship between price, marginal cost, and profit maximization. In a competitive market, profit maximization occurs where marginal cost equals marginal revenue. However, in monopolistic competition, firms have some market power, so the profit-maximizing quantity occurs where marginal cost equals marginal revenue, not price.
2. Setting the price equal to marginal cost does not necessarily guarantee profit maximization. If Stan's price is equal to marginal cost, it means that he is covering his variable costs, but it does not take into account his fixed costs. To maximize profit, Stan should set his price above marginal cost, considering both variable and fixed costs.
3. If Stan is currently earning an economic profit, it suggests that he may not be producing the profit-maximizing amount of coffee. In monopolistic competition, firms tend to have excess capacity, meaning they produce less than the quantity that would minimize average total cost. By increasing his output, Stan may be able to reduce his costs and increase his profit.
Considering these factors, here are a few suggestions for Stan:
- Conduct a cost analysis: Stan should evaluate his fixed and variable costs to understand the full picture of his expenses. By knowing his costs, he can set a more informed price and determine the profit-maximizing quantity.
- Consider demand elasticity: Stan should also assess the price elasticity of demand for his coffee. If demand is relatively elastic, a small price increase may result in a significant decrease in quantity demanded, potentially reducing his profits. On the other hand, if demand is inelastic, Stan may be able to increase his price without a significant drop in sales.
- Experiment with pricing: Stan could consider experimenting with different prices to find the optimal point that maximizes his profit. By monitoring customer response to different prices, he can identify the price that generates the most revenue while covering his costs.
By taking these steps and considering the unique characteristics of monopolistic competition, Stan can better position his coffee shop for long-term success and profitability.
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Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?
Managers want larger budgets; entrepreneurs work to do more with less.
How do entrepreneurs approach resources differently from employee-managers?Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.
This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.
Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.
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Which customer behavior should alert an employee to the possibility of shoplifting?
asking a lot of questions
aimless wandering
carrying a cell phone
shopping alone
Answer:
Aimless wandering
Explanation:
Answer:
cybercrime
both employees and outsiders
Aimless wandering
A security guard
Many security breaches ........
intellectual property theft
stealing ideas, information, or creative products
add a watermark
embezzling
How is emotional intelligence related to motivation?
Answer:
Emotional intelligence means being self-motivated
Self-motivation relates to internal drive. Emotionally intelligent individuals understand the deeper meaning of their goals and the self-motivation skills required to achieve them.
Answer:
The results show that emotional intelligence is positively related to positive emotions and negatively related to negative emotions. Positive emotions positively predict both self-motivation towards physical education classes and resilience. Resilience positively predicts self-motivation.
A brown-eyed father and a green-eyed mother have a 25% chance of having a green-eyed child. What is the probability that, in a family of four children, three of them have green eyes?
a.0.421 875
c 0.011 718 75
b. 0046 875
d. 0.1875
Answer:t
Explanation:
Bailey Delivery Company, Inc., was organized in 2018 in Wisconsin. The following transactions occurred during the year: Received cash from investors in exchange for 14,000 shares of stock (par value of $1.00 per share) with a market value of $6 per share. Purchased land in Wisconsin for $24,000, signing a one-year note (ignore interest). Bought two used delivery trucks for operating purposes at the start of the year at a cost of $14,000 each; paid $6,000 cash and signed a note due in three years for the rest (ignore interest). Paid $2,300 cash to a truck repair shop for a new motor for one of the trucks. (Increase the account you used to record the purchase of the trucks because the productive life of the truck has been improved) Sold one-fourth of the land for $6,000 to Pablo Development Corporation, which signed a six-month note. Stockholder Helen Bailey paid $29,000 cash for a vacant lot (land) in Canada for her personal use. E2-16 Part 1 Required: 1. Using the T-accounts, record the effects of transactions (a) through (f) by Bailey Delivery Company.
The effects of transactions (a) through (f) are recorded in the following T-accounts in the books of Bailey Delivery Company, Inc.
Cash
Account Titles Debit Credit
Common stock $12,000
Additional Paid-in Capital $70,000
Delivery Trucks $6,000
Delivery Trucks $2,300
Notes Receivable
Account Titles Debit Credit
Land $6,000
Delivery Trucks
Account Titles Debit Credit
Cash $6,000
Long-term Notes Payable $22,000
Cash $2,300
Land
Account Titles Debit Credit
Short-term Notes Payable $24,000
Notes Receivable $6,000
Short-term Notes Payable
Account Titles Debit Credit
Land $24,000
Long-term Notes Payable
Account Titles Debit Credit
Delivery Trucks $22,000
Common Stock
Account Titles Debit Credit
Cash $14,000
Additional Paid-in Capital
Account Titles Debit Credit
Cash $70,000
Data Analysis:
a. Cash $84,000 Common Stock $14,000 Additional Paid-in Capital $70,000
b. Land $24,000 Short-term Notes Payable $24,000
c. Delivery Trucks $28,000 Cash $6,000 Long-term Notes Payable $22,000
d. Delivery Trucks $2,300 Cash $2,300
e. Notes Receivable $6,000 Land $6,000
f. No effect
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Evaluating the possible positive and negative outcomes of different
economic decisions is called:
A. marginal cost analysis.
B. cost-benefit analysis.
C. revenue projection analysis.
D. opportunity cost analysis.
Answer:
marginal cost analysis
Over a certain period, large-company stocks had an average return of 12.94 percent, the average risk-free rate was 2.65 percent, and small-company stocks averaged 17.73 percent. What was the risk premium on small-company stocks for this period
Answer:
15.08 percent
Explanation:
Calculation to determine What was the risk premium on small-company stocks for this period
Using this formula
Risk premium =Average risk-free rate -small-Company stocks averaged
Let plug in the formula
Risk premium=2.65 percent-17.73 percent
Risk premium=15.08 percent
Therefore the risk premium on small-company stocks for this period is 15.08 percent
What do you think makes a corporation successful globally?
Answer:
The corporation has to have an appeal to all cultures, every type of person. They also need very, very strong marketing.
The least expensive type of marketing research method is a(n)
25. When you have disequilibrium, there are two possible outcomes. Identify and describe both of them.
Autoliv produces air bag systems that it sells to automobile manufacturers throughout the world. Assume the company has a capacity of 50 million units per year, it is currently producing at an annual rate of 40 million units. Autoliv has received an order from a Japanese manufacturer to purchase 100,000 units at $65 each. Budgeted costs for 40 million and 45 million units are as follows:
(in thousands, except costs per unit) 40 Million Units 45 Million Units
Manufacturing costs
Direct materials $ 560,000 $ 630,000
Direct labor 220,000 247,500
Factory overhead 1,780,000 1,822,500
Total 2,560,000 2,700,000
Selling and administrative 1,120,000 1,125,000
Total $ 3,680,000 $ 3,825,000
Costs per unit
Manufacturing $ 64.00 $ 60.00
Selling and administrative 28.00 25.00
Total $ 92.00 $ 85.00
Sales to auto manufacturers are priced at $120 per unit, but the sales manager believes the company should aggressively seek the Japanese business even if it results in a loss of $20 per unit. She believes obtaining this order would open up several new markets for the company's product. The general manager commented that the company cannot tighten its belt to absorb the $2,000,000 loss ($20 × 100,000) it would incur if the order is accepted.
(a) Determine the financial implications of accepting the order. (Hint: Use the high-low method to determine variable costs per unit.)
Accepting the offer will Answerdecreaseincrease
profits by $________
(b) How would your analysis differ if the company were operating at capacity? Determine the advantage or disadvantage of accepting the order under full-capacity circumstances.
Answer: See explanation
Explanation:
a. The variable cost per unit will be:
= (3,825,000 - 3,680,000) / (45million - 40 million)
= 0.029
Then, the financial order of accepting the order will be:
Contribution margin = Unit selling price - Unit
= 65 - 29
= 36
Since the size of the order is 100,000, the financial impact of accepting the order will be:
= 36 × 100,000
= 3,600,000
b. The differential analysis will be:
Contribution from special order = 3,600,000
Opportunity cost {100,000 = 120,000,000 - 29,000,000 = 9,100,000
Net disadvantage of accepting order will then be:
= 3600000 - 9100000
= 5,500,000
Exercise 6-8 Petty cash fund with a shortage LO P2 Waupaca Company establishes a $330 petty cash fund on September 9. On September 30, the fund shows $46 in cash along with receipts for the following expenditures: transportation-in, $52; postage expenses, $71; and miscellaneous expenses, $147. The petty cashier could not account for a $14 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory. Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $385.
Answer:
September 29, 202x, petty cash fund established
Dr Petty cash fund 330
Cr Cash 330
September 30, 202x, petty cash fund's expenses
Dr Transportation expenses 52
Dr Postage expenses 71
Dr Miscellaneous expenses 147
Dr Cash short and over 14
Cr Petty cash fund 284
September 30, 202x, petty cash fund replenished
Dr Petty cash fund 284
Cr Cash 284
October 1, 202x, petty cash fund is increased
Dr Petty cash fund 55
Cr Cash 55
The steps in the training process include all of the following except
A systems approach to training is divided into four stages: needs analysis, program design, program implementation, and evaluation.
What comes first in any workout regimen?
Identification and evaluation of needs are the initial steps in establishing a training program. It's possible that the organization's strategic, human resources, or personal development goals have already identified the training needs of its employees.
Assessment, motivation, design, delivery, and evaluation are the five connected steps or activities that make up the process of training.
What is a model of the training process?
A component of instructional design is training models. It involves the process of developing instructional materials for various training requirements. Many businesses invest in training programs for workers to help them advance on the job.
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CSelect the items from this list that are examples of misconceptions.
A high school student is too young to have a budget.
A bank is not a safe place to keep your money.
Buy stock before you have a steady income.
After high school, there is no need to become more educated.
Save your money as soon as you have a full-time job.re the deadline.
What is Supply Chain?
Answer:
Hello, I'm here to help you.
Explanation:
Supply Chain: Is a network between a company and its suppliers to produce and distribute a specific product or service.