When the business function if something happens to one of the key members of the management team so, by creating a company continuity strategy or an emergency plan or replace with another member.
What do you mean by the business function?An organization's activities are referred to as business functions, and they can be further broken down into core and support functions.
The production of finished goods or services destined for the market or for other parties is one of an enterprise's core business functions.
Because completing the other management functions significantly depends on having a good plan, planning is a crucial management function.
Organizations have closed their doors permanently as a result of poor management. High employee turnover is a direct outcome of poor leadership.
Therefore, when the business function if something happens to one of the key members of the management team so, by creating a company continuity strategy or an emergency plan or replace with another member.
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give two examples of graphs and two examples of charts.
Answer:
A Bar Chart. A PIE CHART. LINE CHART. Area Chart. Dot Plot. A Pictogram. Radar Chart.Explanation:
Answer:
Types of Graphs and Charts
Bar Chart/Graph.Pie Chart.Line Graph or Chart.Histogram Chart.Area Chart.Dot Graph or Plot.Scatter Plot.Bubble Chart.I need a Christmas present for a 40-year-old man a 32-year-old woman a 9-year-old girl a 12-year-old girl and a 4-year-old boy
Imagine it's the middle of January, and people are thinking about Valentine's Day. What will happen in the market for fresh flowers? Use supply and demand analysis in your explanation (Hint: What happens to demand and/or supply? What happens to the equilibrium price and equilibrium quantity?)
Answer:
the price would go up with the demand and the stock drop
Assume that a local restaurant sells two items, salads and steaks. The restaurant's only two customers on a particular day are Mr. Carnivore and Ms. Leafy Greens. Mr. Carnivore is willing to pay $20 for a steak and $7 for a salad. Ms. Leafy Greens is willing to pay only $8 for a steak, but is willing to pay $12 for a salad. Assume that the restaurant can provide each of these items at zero marginal cost. Refer to Scenario 17-1 . If the restaurant is unable to use tying, what is the profit-maximizing price to charge for a steak
Based on the information given, it should be noted that the profit-maximizing price will be $20.
From the information given, the willingness to pay Mr. Carnivore will be:
= $20 + $7 = $27
The willingness to pay Ms. Leafy greens will be:
= $8 + $12 = $20
In this case, the profit-maximizing price should be the lower value. Therefore, the price will be $20.
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the process by which companies get new customers, keep the customers they already have, and grow the bussiness by increasing their share of customers purchases is referred to as
Buisnesses and organisations are able to attract and retain valuable customers due to Customer relationship management (CRM)
Customer relationship management (CRM) is a process in which an organisation uses based on principles and guidelines to efficiently interact and cater to its customers.
Typically with the use of technology of CRM systems such as data analysis, Businesses are able to study and compile large and different amounts of information of their target customers.
This will enable them to effectively cater to their needs leading to improved sales yields and retainment of customers.
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Summarize the relationship between knowledge and skill and the level of wages in the labor
market
?
Answer:
The relationship between knowledge and skill is easy to explain. If you have the knowledge (college degree) then companies will probably hire them because even if they don't have the skill, they are credible and can still be taught. Someone with skill but no degree is viewed as not as valuable.
Explanation:
Pie City Pizza and Pizza Palace are rival restaurants in a small town. Pie City Pizza sets its prices below average variable cost for two years. After the second year, Pizza Palace goes bankrupt and exits the market. In the third year, Pie City Pizza raises prices significantly. Pie City Pizza is practicing ________ pricing. g
Pie City Pizza is practicing Penetration pricing.
Penetration pricing is a pricing strategy where competitors lower the prices of their goods and services to gain ground in the market. After they have captured, the market base, they increase their prices to make their gain.
This can be applied when the company wants to promote its products. In the case of Pie City Pizza, they adopted the penetration pricing system that captured the customers of their competitors.
When the competitors left the market, they increased their prices.
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HELP
Supply curves shift to the right when a product can be made more cheaply and sold at a similar or higher cost. which of the following will cause this?
Answer:
A. A material price increase.
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Which business policy would most likely help a single parent family?
Which of the following is an example of a consumer service?
• brickmaker
• refrigerator repair
automobile manufacturer
laptop builder
Answer:
refrigerator repair
Explanation:
Knapp Industries began business on January 1, 2018 by issuing all of its 1,550,000 authorized shares of its $1 par value common stock for $30 per share. On June 30, Knapp declared a cash dividend of $1.25 per share to stockholders of record on July 31. Knapp paid the cash dividend on August 30. On November 1, Knapp reacquired 310,000 of its own shares of stock for $35 per share. On December 22, Knapp resold 155,000 of these shares for $41 per share.
Required:
a. Prepare all of the necessary journal entries to record the events described above.
b. Prepare the stockholders' equity section of the balance sheet as of December 31, 2018 assuming that the net income for the year was $8,000,000
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The trade war between the USA and China has put pressure on the international supply chain. However, it also conditioned for transparency competition in world trade. Please analyse this argument point with agreement or disagreement. An example of the international supply chain is recommended to show for supporting your debated points.
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mini case the great little box company canadian company that manufactures and distributes custom and stock
The levels of organizational culture that are described are socially coordinated efforts and greater personal satisfaction for everyone.
From the complete question, the new employees can be socialized by getting involved in the company's social activities such as summer grills, paintball rivalries, etc.
Lastly, the cultural significance of the open-book management technique is that it ensures financial transparency and ensures that employees do their jobs more effectively.
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which of the following describes a federal student loan? a funds provided by a private business that do not need to be paid back b funds provided by credit unions that must be paid back c funds provided by government that do not need to be paid back d funds provided by the government that must be paid back
Answer:
d
Explanation:
Plain and simple:)
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An asset was acquired on October 1, 2021, for $78,000 with an estimated five-year life and $13,000 residual value. The company uses units-of-production depreciation and expects the asset to produce 20,000 units. Calculate the gain or loss if the asset was sold on March 31, 2024, for $58,000. Actual production was: 2021 = 500 units; 2022 = 3,000 units; 2023 = 3,500 units; 2024 = 1,000 units.
Based on the information given the gain or loss if the asset was sold on March 31, 2024 is $6,000 gain.
Depreciation per units= (Original cost - Residual value) ÷ (Estimated production units)
Depreciation per units= ($78,000 - $13,000) ÷ 20,000 units
Depreciation per units= $65,000 ÷ 20,000 units
Depreciation per units= $3.25 per units
Accumulated depreciation=(500 units × $3.25)+( 3,000 units × $3.25)+(3,500 units × $3.25)+( 1,000 units × $3.25)
Accumulated depreciation= $1,625 + $9,750 + $11,375 + $3,250
Accumulated depreciation= $26,000
Book value= Acquired value of an asset - Accumulated depreciation
Book value= $78,000 - $26,000
Book value= $52,000
Gain or Loss= Sale value - Book value
Gain or Loss= $58,000 - $52,000
Gain or Loss= $6,000 gain
Inconclusion the gain or loss if the asset was sold on March 31, 2024 is $6,000 gain.
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The newest employee at Edwards Escrow Co., Adam Riley, is handling the escrow
paperwork for the sellers and the buyers on an Anaheim property sale. When Adam
goes to figure out the prorations for the month of February, for which some of the
expenses have already been paid by the sellers, Adam cannot remember what
number to use to figure out the proration. Which of the following should he use?
Since Adam cannot remember the number he used for the proration, then, he should use 28 days because that is the actual number of days in February,
Proration is an act of dividing the property expenses between a buyer and seller to ensure that the parties only pay for the days they owns the property.
Since the month of February contains 28 days, then, the number of days used in the calculation of the Proration will be maximum of 28 days
Therefore, the Option A is correct because 28 days is the actual number of days in February.
Missing options includes
28 days because that is the actual number of days in February, the month for which the prorations are being calculated., 30 days which escrow companies use as their base month in figuring out prorations31 days which escrow companies use as their base month in figuring out prorations.Read more about February days
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If a seller can create switching costs for its product, then: ________________
a. customers will find it more costly to stay with the company than to switch to another seller.
b. it increases its costs by producing several versions of the product so customers can switch between versions.
c. it is difficult or costly for the seller to switch to producing a different product.
d. it is difficult or costly for customers to switch to another seller of the product.
It should be noted that if a seller can create switching costs for its product, in this case, B:it increases its costs by producing several versions of the product so customers can switch between versions.
Switching costs can be regarded as the costs that is been paid by a consumer due to switching of a brands or products.
Switching costs may comes in term of monetary as well as effort-based cost.
We can conclude that if a seller can successfully create switching costs as regards her product, then it results to more gains.
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Rational and Normative modes of decision making are used. Then intuition or gut feeling also play a role in this process. How does a manager, making decisions in real life situation, strike a balance between these modes to make quick but right decisions.
A manager, making decisions in real-life situations, strikes a balance between these ways to make quick but correct decisions based on systemic organizational vision and conceptual skills.
The manager's experience will help him to make decisions using rational and normative ways, and thus analyze what is the best strategy for effective decision making.
Conceptual skills refer to the manager's systemic view, which understands the organization as an integrated system and must involve a set of thoughts, processing and planning to improve the business.
Therefore, decision making must be taken in a rational and normative way according to the context of the situation that requires a decision, and it is up to the manager to use the best tool to make a decision aligned with the company's objectives and goals.
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which ethical principle reflects the idea that everyone is granted a moral norm of society
Individual right is the ethical principle that reflects the idea that everyone is granted a moral norm of society.
The three distinct types of ethical principles are:
UtilitarianismIndividual rights Distributive justiceIndividual rights show the belief that everyone has entitlements that let him/her act in a certain way.
The individual rights principle includes more than legal rights; it also includes human rights that everyone is granted as a moral norm of society
Some of the individual rights are:
Freedom of movement,Physical security Freedom of speechFair trialFreedom from torture.Therefore, the ethical principle that reflects the idea that everyone is granted a moral norm of society is Individual right.
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With all other economic forces held constant, an increase in labor productivity throughout the country implies
(1 point)
an increase in GDP due to an increase in labor hours
a decrease in GDP with labor hours held constant
an increase in GDP with labor hours held constant
a decrease in GDP due to an increase in labor hours
When there is an increase in labor productivity, we observe that there is an increase in GDP with labor hours held constant.
Labor productivity:
Is goods produced by labor within a certain period of time Increases when more goods are produced in that periodLabor productivity therefore relates to goods being produced when the labor hours are kept constant. An increase in labor productivity is good for GDP because it means that more goods are being produced.
In conclusion, increased labor productivity means increased GDP at constant labor hours.
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Here y'all!
1. an increase in GDP with labor hours held constant
2. A graphic designer attends a week-long seminar and learns advanced skills she can apply to her work.
3. the discovery of a way to improve software speed that increases employee productivity
4. discovering an inexpensive way to make steel
5. false since technological improvements can lead to certain jobs becoming obsolete
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Rich and Lucy were married for 52 years. Rich died on May 9, 2020. Lucy has no dependents, and she did not remarry. The correct and most favorable filing status for Lucy's 2020 return is: Married filing jointly. Married filing separately. Single. Qualifying widow.
Based on the year that Rich died and the year that Lucy is filing her taxes, the most favorable filing status is Married filing jointly.
Current tax laws are such that if a person loses a spouse in a certain year and does not remarry in that year, they can file in a joint manner with their now late spouse.
Rich died in 2020 and Lucy did not remarry. Lucy's 2020 returns can therefore be filed as a joint filing with Rich even though he is no longer alive.
In conclusion, the correct answer is option A.
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Which strategy for managing quality relies on input from employees, suppliers and customers
Answer:
total quality management (tqm)
Explanation:
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briefly explain how undertaking of agricultural modernisation is reducing open - urban employment
You are considering purchasing an office building for $2,500,000. You expect the potential gross income (PGI) in the first year to be $450,000; vacancy and collection losses to be 9 percent of PGI; and operating expenses and capital expenditures to be 38 percent and 4 percent, respectively, of effective gross income (EGI). What is the implied first-year overall capitalization rate
Based on the information given the implied first-year overall capitalization rate is 9.50%.
Vacancy and collection losses = 9% of PGI
Vacancy and collection losses =$450,000×9% Vacancy and collection losses=$40,500
Effective gross income (EGI)= PGI - vacancy and collection losses
Effective gross income (EGI)= 450,000 - 40,500
Effective gross income (EGI)=$409,500
Operating expenses= 38% of EGI
Operating expenses= 0.38 × 409,500
Operating expenses=$155,610
Net operating Income(NOI)= EGI - Operating expenses
Net operating Income(NOI)=$409,500 - $155,610
Net operating Income(NOI)= $253,890
Capital expenditure= 4% of EGI
Capital expenditure= 409,500×4%
Capital expenditure= $16,380
Adjusted Net Operating Income=Net operating Income - Capital expenditure
Adjusted Net Operating Income=$253,890 - $16,380
Adjusted Net Operating Income=$237,510
Implied overall capitalization rate = Adjusted Net operating income ÷ Value of property
Implied overall capitalization rate=$237,510 ÷$2,500,000
Implied overall capitalization rate=9.50%
Inconclusion the implied first-year overall capitalization rate is 9.50%.
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Owing to his impulsive buying habits, Ronnie's unpaid credit card balances pile up to $9,000. As Ronnie does not have enough money to clear his bills, he is in a deep financial crisis. In this scenario, the first step that Ronnie should take is to:
In case of financial crisis where Ronnie is under debt is advised to avoid further usage of his credit card.
What is financial crisis?Financial crisis for an individual is when he is under huge debt and lacks money to clear his dues towards the creditors. In the above case, Ronnie is under financial crisis due to a credit card bill of $9000.
Ronnie lacks money to repay the amount of debt, and thus he is advised to stop using his credit card so that his debts do not pile up more. Also, he is advised to take financial help from a friend, so he can pay the bill, and avoid reducing his credit rating.
Hence, the steps to be taken by Ronnie during the condition of financial crisis are as aforementioned.
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Martin is an intern working for Tennessee Fried Chicken (TFC), an international company with over 1,000 franchised restaurants throughout the United States and in 21 other countries. TFC heavily advertises on television and in various print media that its chicken is superior due to its blend of "42 secret herbs and spices." Many have tried to duplicate the recipe unsuccessfully, and burglars have even been caught trying to steal it. One day Martin is called into the president's office for an assignment, and during their conversation, the president leaves the room, leaving Martin alone. Martin notices that the wall safe is open and looks inside, where he sees an envelope labeled "THE RECIPE." He opens it and finds that it is the list of the 42 secret herbs and spices, along with quantities and order of use. He quickly makes a copy of the recipe and returns the envelope to the safe. That afternoon, he calls Bluto's Fried Chicken, a TFC competitor, and informs Bluto's of the information he possesses, and they arrange a meeting. If Martin sells the recipe to Bluto's, who, if anyone, would be guilty of mis-appropriation?
a. If Martin sells the recipe to Bluto's, Martin is guilty of misappropriation but Bluto's is not guilty of misappropriation.
b. If Martin sells the recipe to Bluto's, Martin is not guilty of misappropriation but Bluto's is guilty of misappropriation.
c. If Martin sells the recipe to Bluto's, both Martin and Bluto's are guilty of misappropriation.
d. Neither Martin nor Bluto's is guilty of misappropriation because leaving the safe open shows that the secret was not guarded and guarding is necessary to qualify for trade secret protections.
The culprits of misappropriation would be both Martin and Bluto's Fried Chicken.
Misappropriation is a crime against wealth or property. This crime occurs when a person or group seizes someone else's property, to make a profit.
According to the foregoing, both are incurring misappropriation because:
Martin: He was not the creator or owner of the recipe, he stole it in a moment of the owner's carelessness and wanted to obtain personal gain in exchange for the product owned by TFC.Bluto's Fried Chicken: He knows that Martin obtained the recipe illegally, yet he still decides to make the transaction to copy the recipe and make more profit in his business.Learn more in: https://brainly.com/question/2498208
The best answer to both the flatness and horizon problems is Group of answer choices dark energy. the inflationary epoch. decoupling. the Steady State Theory. the GUT theory.
It should be noted that best answer to both the flatness and horizon problems is inflationary epoch.
The inflationary epoch van be regarded as the period in the evolution of the early universe, at this period there was an expansion.
According to inflation theory, the earth were recorded to experience great horizon problems and exponential expansion.
Therefore, inflationary epoch brings about both flatness and horizon problems
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20 Points
Describe the educational background or training necessary for your chosen career (Doctor).
The path to becoming a doctor begins with a bachelor's degree program. There is relative flexibility in the subject studied, but undergraduate schooling for doctors should include a pre-med focus, which ensures that necessary science-based core curriculum is coveLred prior to the candidate's progression to medical school. These programs typically have a heavy focus on biology and chemistry, with plenty of physics, math and English courses to prepare a student to apply to med school.
Step 2: Pass the MCAT2103The Medical College Admission Test (MCAT) is a multiple choice exam taken before admission into medical school. The MCAT tests an aspiring doctor's knowledge of the physical and biological sciences and verbal reasoning and writing skills. The test is computerized and it takes approximately five hours to complete.
Step 3: Attend Medical SchoolDoctor education and training continues with medical school. The initial two years are spent in classrooms and laboratories, where students take the necessary courses to prepare them for diagnosing and treating patients. During the second year of doctors' education, students must pass the first of a series of the United States Medical Licensing Examinations, referred to as 'The Boards', which are administered by the National Board of Medical Examiners. During the second half of medical doctor training, prospective doctors practice under the tutelage of attending physicians to learn the realities of practicing medicine. During their fourth year of medical school and first year of residency training, doctors take their remaining medical licensing examinations.
Step 4: Complete Residency TrainingIn their fourth year of medical school, candidates are paired with a residency training program in a rite of passage called 'Match Day.' Depending upon his or her specialty, a candidate may spend between three and seven years in residency at a medical facility. Beyond taking classes to become a doctor, this gives them on-the-job experience. They work under the direct supervision of an attending physician and focus on practical training in general medicine and their chosen specialty.
Step 5: Get LicensedIn order to become a doctor, a candidate must obtain a license to practice medicine. Requirements for medical licensing differ from state to state and all states issue their own licenses based on state regulations. Licensing generally requires completing medical school and successfully passing all medical licensing examinations. How many years does it take to become a doctor? It usually takes between 11 and 15 years to meet all the education and training requirements. This includes an undergraduate degree, medical school, and a residency. Once a prospective doctor finishes all the necessary education and physician training, they should see a number of job opportunities, as job growth is expected to rise 13% from 2016-2026 and a rewarding salary should also be anticipated.
Rein Inc. reported deferred tax assets and deferred tax liabilities at the end of 20X3 and at the end of 20X4.
According to Statement of Financial Accounting Standard No. 109 Accounting for Income Taxes, for the year ended 20X4, Rein should report deferred income tax expense or benefit equal to the
A. Sum of the net changes in deferred tax assets and deferred tax liabilities.
B. Increase in the deferred tax liabilities.
C. Amount of the current tax liability, plus the sum of the net changes in deferred tax assets and deferred tax liabilities.
D. Decrease in the deferred tax assets.
Answer: A
sum of the net changes in deferred tax assets and deferred tax liabilities.
Explanation:
