From the fact that the company is able to earn high profits at a very low cost it can be said to have high scalability.
What is high scalability?
This has to do with the fact that the business is able to tailor itself to meet up with the increases in its work load.
This is simply from the fat that the business would require lower capitals in their growth.
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Create a PPC for a country that produces 50 million guns and 200 tons of butter and label the following
a. Production Possibilities frontier
b. Efficiency
C. Underutilization
The production possibility curve shows the different combination for output that can be produced from the resources and technology.
What is a PPC?It should be noted that a PPC is simply a graph that's used to show the different combination for output that can be produced from the resources and technology.
In this case, the points show how much of the goods van be produced. Point E means underutilization.
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an insured pays $1200 annually for her life insurance premium. The insured applies this year's $300 worth of accumulated dividends to the next years premium, thur reducing it to $900.. What option does this describe
The option shown by the action of the insured to apply dividends to premium is called Accumulation at Interest.
What does Accumulation at Interest mean?When an insured person utilizes accumulation at interest, their dividends are saved in an interest-bearing savings account.
They can utilize the dividends to cover expenses like insurance premiums, which is exactly what the insured did in this case by applying their dividends to their premium.
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Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2022 are as follows. End of Year Beginning of Year Cash and cash equivalents $ 795 $ 72 Accounts receivable (net) 2,035 1,942 Inventory 898 900 Other current assets 326 303 Total current assets $4,054 $3,217 Total current liabilities $2,014 $1,601 For the year, net credit sales were $8,258 million, cost of goods sold was $5,328 million, and net cash provided by operating activities was $1,251 million. Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory at the end of the current year. (Round current ratio to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.)
The current ratio is 2.01 times, accounts receivable turnover is 4.15, average collection period is 87.95 days, inventory turnover is 5.93, and days in inventory at the end of the current year is 61.55 days.
Current ratio, accounts receivable and average collection period1. Current ratio:
Current ratio = Current assets / Current liabilities
Current ratio= $4,054 ÷ $2,014
Current ratio= 2.01
2. Accounts receivable ratio:
Accounts receivable turnover= Net Sales / Average Accounts Receivable
Accounts receivable turnover =8,258/ [(2,035+ 1,942)/2]
Accounts receivable turnover =8,258/1,988.5
Accounts receivable turnover =4.15
3. Average collection:
Average collection period = 365 / Accounts Receivable Turnover ratio
Average collection period=365/4.15
Average collection period=87.95 days
4. Inventory turnover:
Inventory turnover ratio = Cost of Goods Sold / Average Inventory
Inventory turnover ratio=$5,328/(898+900)/2
Inventory turnover ratio=5,328/899
Inventory turnover ratio=5.93
5. Day in inventory:
Day in inventory = 365 / Inventory turnover ratio
Day in inventory=365/5.93
Day in inventory=61.55 days
Therefore the current ratio is 2.01 times, accounts receivable turnover is 4.15, average collection period is 87.95 days, inventory turnover is 5.93, and days in inventory at the end of the current year is 61.55 days.
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As organizations adopt empowerment, reduce the number of middle managers, and hire more talented and better educated lower-level employees the trend today is to Blank______ the span of control
The organizations adopt empowerment, reduce the number of middle managers, and hire more talented and better educated lower-level employees the trend today is to expand the span of control.
What is the span of control?Span of control is the number of subordinates who report directly to a manager or leader. The more employees assigned to a manager, the wider their span of control. Span of control simply means a key element in the structure of an organization.
In this case, it is vital to expand the span of control because the workforce is better educated at all levels and organizations save by reducing the number of middle managers.
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_____ refers to training, formal education, job experiences, relationships, and assessments of personality, skills, and abilities that help employees prepare for future jobs or positions.
Developments refers to training, formal education, job experiences, relationships, and assessments of personality, skills, and abilities that help employees prepare for future jobs or positions.
Why is development impossible?it is important because it makes a employee relevant.
To attain certain height in an individual career development is important to avoid being stagnant
Therefore, Developments refers to training, formal education, job experiences, relationships, and assessments of personality, skills, and abilities that help employees prepare for future jobs or positions.
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What does repurchase mean on shein.
Repurchase means to buy again
What is repurchase?Repurchase is to buy back something of material that was sold.
The repurchase is done by the seller from the individual who has the goods or material.
The goods can be bought back at a price higher than what it was previously sold.
Therefore, Repurchase means to buy again.
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Question Mode Multiple Choice Question The profit margin is equal to net income divided by Blank______. Multiple choice question. total assets operating income net working capital sales
Discuss ways in which business can deal with change in the workplace
Some of the ways in which businesses can deal with the change in the workplace are
Always be honest and assure your concerns Communicate with the officials Always ask questions and clear your doubtsMotivation from seniorsWhat is meant by a change?A change is referring to something which is different from the previous and is to be accepted by the people.
Business change can be arises in the organization where it wants to modify or transform any operation or activity performed in the workplace. The seniors want to assure and motivate the working employees to accept and adapt to that change.
Therefore, the management officials have to implement some ways so that the employees can able to cope with that change.
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Burgers and More operates a chain of fast-food restaurants across the United States. The restaurants are franchised operations. Under the franchise agreement, restaurant owners have the right to use the Burgers and More trade name, financing arrangements for franchisees, and management training at the corporate headquarters as well as the right to use training videos for their employees. The Burgers and More franchise contracts contain the following separate performance obligations:a. intellectual property, financing, and training.
b. intellectual property.
c. intellectual property, training.
d. financing and training.
The Burgers and More franchise contracts contain the following separate performance obligations and intellectual property.
What is a restaurant?A restaurant is a place where people pay for meals, eat there, sit and also relaxed for a while.
Restaurant sells different types of meals plus other refreshments.
Therefore, The Burgers and More franchise contracts contain the following separate performance obligations and intellectual property
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An IT professional has access to many confidential records through her username and password. She makes sure to change her password frequently to protect this private information. In this scenario, choose the types of ethical behavior being demonstrated. Check all of the boxes that apply.
Do no harm to a company when leaving.
Protect passwords and system access of users.
Be fair and honest with customers.
Protect sensitive information.
The type of ethical behavior that is being demonstrated include:
Protect passwords and system access of users.Protect sensitive information.What is ethics?It should be noted that ethics simply means the principle of knowing what's right from what's wrong.
In this case, the user is protecting passwords and system access of users and protecting sensitive information.
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Answer: B and D
Explanation:
As consumers respond to climate change and environmental concerns, both General Motors and Tesla are offering fully electric vehicles. This issue represents which of the macroenvironmental variables
Social macroenvironmental variables can be felt and seen in the way of response by different consumers to the climate change.
What are macroenvironmental variables?Macro-environment is a term that describes those factors that can alter the decision of a consumer towards a product.
These factor could be ;
Economic factorsSocial factorTechnological factor.Therefore all these mentioned factors affect the way product is been decided on by different types of consumers.
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What advice or feedback would you offer your manager to improve their effectiveness as a manager?.
why is the subject line of a business email important
Answer:
The subject line often determines whether an email is opened and how the recipient responds. An email with a blank subject line will likely get deleted, lost, or immediately irritate the recipient, who is forced to open the email to figure out what it's about.
A message's opening and response rates are frequently influenced by the subject line. When an email's subject line is blank, it is more likely to be deleted, misplaced, or immediately anger the receiver because they are compelled to open the email in order to find out what it is about.
What is the rate?A number, amount, or degree measured in relation to another object. She typed at a speed of 80 words per minute. : a charge or payment based on another quantity. more specifically: the premium per insurance unit.
A rate in mathematics is the comparison of two related values expressed in different units. The numerator of the ratio expresses the corresponding rate of change in the other (dependent) variable.
The first line of text recipients sees when they open your email is the subject line. Make sure it is optimized for your audience because this one line of content frequently determines whether an email is opened or sent directly to the trash.
Therefore, The subject line frequently has an impact on response rates. When the subject line of an email is empty,
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Allan Jabber invested $400 at the beginning of each of the last 12 months in the shares of a mutual fund that paid no dividends. Which method will he correctly choose to calculate his average price per share from the monthly share prices
The method that he will correctly choose to calculate his average price per share from the monthly share prices is: Harmonic mean.
What is Harmonic mean?
Harmonic mean can be defined as a method that is used by companies or organization to determine average price per share.
Formula for harmonic mean is:
Harmonic mean=Number of observations ÷ Number of series
Therefore Harmonic mean is use to find average price.
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the two categories of cost comprising conversion costs are
Answer:
Explanation:
Direct labor and factory overhead
Which of the following is a key difference between the cases of Gutter v. Bollinger and Hernandez v. Texas?
a)Pete Hernandez committed a crime, and Barbara Grutter was innocent.
b)Barbara Grutter was a woman, and Pete Hernandez was a man.
c)Grutter v. Bollinger upheld exclusion to promote diversity, while Hernandez v. Texas denounced exclusion to promote diversity.
d)Grutter v. Bollinger upheld inclusion to promote diversity, while Hernandez v. Texas denounced inclusion to promote diversity.
Answer:
the correct answer for this question is this one 'D.' Grutter v.Bollinger upheld inclusion to promote diversity, while Hernandez v.Texas denounced Inclusion to promote diversity...
this is the key difference between the cases of Grutter v.Bollinger and Hernandez v.Texas
Jerica wants to watch videos about careers in the construction field. which resource would be most helpful for this? careeronestop o*net the bls the sba
The resource would be most helpful for this careeronestop hence option A is the correct answer.
What is Careeronestop?Careeronestop is an online tool that seeks to help job seekers and the unemployed get the right information they need about their next job or the job they are about to apply to.
Careeronestop provides resources ranging from videos, training, and workshops.
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A worker’s positive reaction to a negative performance review from an employer might be to ______. a. ignore the criticisms made at the review b. address the criticisms made at the review c. dismiss the criticisms made at the review d. agree with the criticisms made at the review please select the best answer from the choices provided a b c d
A worker's positive reaction to an employer's negative performance review may be to address the criticisms made in the review.
What is the role of performance appraisal?It is a technique used in organizations with the objective of assisting in the development of the employee, through the review of their organizational conduct, instituting new functions and evaluating training needs if necessary.
Therefore, through the performance evaluation, the employee receives feedback for their organizational functions, being able to align their conduct to the company's needs and develop their professional skills.
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Explain impartiality
Answer:
Impartiality is a principle of justice holding that decisions should be based on objective criteria, rather than on the basis of bias, prejudice, or preferring the benefit to one person over another for improper reasons.
Explanation:
The definition of impartial is not favoring one side or opinion more than another. An example of impartial is the nature of a judge in a court case. adjective. 2. Treating all parties, rivals, or disputants equally; not partial; not biased; fair.
John harris, ceo of raytheon, is visiting customers in great britain. from the perspective of the value chain, which best describes these meetings?
The primary objective of value chain activity is to provide the best quality product to the end party. therefore, the best statement that expresses these meetings is customer service and support activity.
What is value chain activity?A set of activities that a corporation running in a selected enterprise plays so as to supply a precious product to the end customer is called a Value Chain.
Therefore, the statements that describe these meetings are customer service and support activity.
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A cost that includes both fixed and variable cost components is called a:______a. mixed cost.b. step-variable cost.c. composite cost.d. curvilinear cost.e. differential cost.
Answer:
The answer is A. Mixed cost
Explanation:
A mixed cost is an expense that has attributes of both fixed and variable costs. In other words, it’s a cost that changes with the volume of production like a variable cost and can’t be completely eliminated like a fixed cost.What is Disney land? And why is it important.
The interest rate applied to the net lease receivable is the rate that amortizes the gross lease receivable to zero at the end of the lease term. the rate that amortizes the net lease receivable to zero at the end of the lease term. the implicit interest rate. the incremental borrowing rate.
The implicit interest rate is used when an interest rate applies to the net lease receivable that amortizes the gross lease receivable to zero at the end of the lease term.
What is an implicit interest rate?This refers to the interest rate that are not specifically stated in a business transaction.
This kind of interest rate applies to the net lease receivable that amortizes the gross lease receivable to zero at the end of the lease term.
Therefore, the Option D is correct.
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Use what you have learned about managing credit to complete the statements. one reason people choose to file bankruptcy is because some of their debt will be . a major consequence of bankruptcy is that it can an individual’s chances of receiving additional credit for .
Filing for bankruptcy can eliminate debt. A major consequence of bankruptcy is that it can harm an individual's chances of receiving additional credit.
What is bankruptcy?Bankruptcy can be defined as the inability of a person to payback debt or the amount borrowed.
Filing for bankruptcy can help to eliminate or clear a person debt and the disadvantage of bankruptcy is that the borrower may be unable to borrow another credit.
Therefore the complete statement is : eliminate/ harm.
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Answer:
eliminate
harm
7 -10 years
Explanation: edge 2022 (economics)
At times, employees may engage in a __________, that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.
Answer:
The answer is wildcat strike
Explanation:
At times, employees may engage in a Wildcat strike that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.
What is FFA’s publication titled?
Boundaries
Vistas
Perspective
Horizons
Answer:
horizons
Explanation:
Learn everything you need to know about FFA—its history, bylaws, constitution and more—with the Official FFA Manual, now available online for free. You can also view the links on your mobile phone for easy access.
A type of problem that operations management planning helps to solve as it relates to manufacturing is: Multiple choice question. human resource issues facility layout marketing strategy development budget planning
Marketing strategy development is a type of problem that operations management planning helps to solve as it relates to manufacturing.
What is Marketing strategy development ?This is the type of strategy that has its focus on how to bring in new products to an already existing market.
This is used in the identification and the exploration of new opportunities that exist in a market.
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At their accounting meeting, philipe tells justin to stop making foolish comments. justin, who felt he was being treated unfairly, says nothing for the remainder of the meeting. in this example, justin was acting _______. a. positively b. assertively c. arrogantly d. passively please select the best answer from the choices provided a b c d
In the remainder of the meeting, Justin was acting passively hence option D is the correct answer.
What is meant by acting Passively?Passively is an adjective that describes how a person responds to situations, other adjectives are aggressively, calmly, etc.
It should be noted that these adjectives are associated with emotions.
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adjective. not reacting visibly to something that might be expected to produce manifestations of an emotion or feeling. not participating readily or actively; inactive: a passive member of a committee. not involving visible reaction or active participation: to play a passive role. inert or quiescent.
The function of marketing that tells customers where they can buy the product and how the product gets there is called
Answer:
Place, where the consumer/customer can go when making a purchase on a product.
Explanation:
Good luck, I majored in Business Management
Suppose the local government decides to reduce traffic congestion on a bridge by imposing a toll. The toll will be most effective if the price elasticity of demand for the bridge is:
The toll to reduce traffic congestion will be most effective if the price elasticity of demand is elastic.
Why should the toll be elastic?An elastic poll means that there is a more than proportionate change in the number of people driving, if a toll is imposed.
This means that imposing a toll on an elastic bridge would lead to less people using the bridge to avoid paying the toll.
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