Answer: Planning is a thinking process while controlling is an executive function.
While planning involves creative thinking, imagination and sound judgement, controlling ensures that such decisions are converted into desired actions. Thus, planning is prescriptive, whereas, controlling is evaluative.
Explanation:
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If cotton is used to produce towels, an increase in the price of cotton will result in which of the following changes in the towel market?
(A) A decrease in the demand for towels, which leads to a shortage of towels followed by an upward pressure on the price of towels
(B) A decrease in the demand for towels, which leads to a surplus of towels followed by a downward pressure on the price of towels
(C) a decrease in the supply of towels, which leads to a shortage of towels followed by upward pressure on the price of towels
(D) an increase in the supply of towels, which leads to a surplus of towels followed by downward pressure on the price of towels
(E) an increase in both the demand and supply of towels, which leads to a surplus of towels followed by upward pressure on the price of towels
The correct answer is (C) a decrease in the supply of towels, which leads to a shortage of towels followed by upward pressure on the price of towels.
What kind of fabric are towels?
The majority of towels are made of cotton, although they have also been fashioned from silk, synthetic materials, nettle, and wood. Cotton is a common fallback because, after processing, it is hydrophilic.
A reduction in towel supply causes a scarcity of towels and subsequent pressure on prices.
Therefore, Towels that are the nicest, smoothest, and most absorbent are made from premium Turkish and Egyptian cotton.
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The right response is (C) a reduction in towel supply that causes a shortage in towels and subsequent pricing pressure.
How does pressure work?Pressure is the term for the pressure exerted on the an unit of area of a surface. It operates opposite to the surface being applied pressure on. • Pressure is a force and the space it affects.
Describe a force?An object is going to be at rest or in motion as a result of forces. Think of a football lying still on the ground as an illustration. You must exert some force on the ball in order to move it in any direction
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at january 1, the blake company had the following accounts on its books: accounts receivable $130,000 debit allowance for doubtful accounts $7,000 credit during the year, credit sales were $850,000 and collections on account were $794,000. the following transactions, among others, occurred during the year: jan.11 wrote off j. wolf's account, $3,000 apr.29 wrote off b. avery's account, $2,000 nov.15 received $1,000 from b. avery to pay a debt that had been written off april 29. this amount is not included in the $794,000 collections. dec.05 wrote off d. wright's account, $2,250 dec.31 in an adjusting entry, recorded the allowance for doubtful accounts at 1% of credit sales for the year. required a. prepare the journal entries to record the credit sales, the collections on account, the transactions, and the adjustment. b. show how accounts receivable and the allowance for doubtful accounts appear on the december 31 balance sheet.
The net realizable value of accounts receivable is calculated by subtracting the allowance for doubtful accounts from the accounts receivable balance.
What is journal entry?A journal entry is the act of keeping or making records of any economic or non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions.
a. Journal entries:
To record credit sales:
Debit Accounts Receivable $850,000
Credit Sales $850,000
To record collections on account:
Debit Cash $794,000
Credit Accounts Receivable $794,000
To write off J. Wolf's account:
Debit Allowance for Doubtful Accounts $3,000
Credit Accounts Receivable $3,000
To write off B. Avery's account:
Debit Allowance for Doubtful Accounts $2,000
Credit Accounts Receivable $2,000
To reinstate B. Avery's account:
Debit Accounts Receivable $1,000
Credit Allowance for Doubtful Accounts $1,000
To write off D. Wright's account:
Debit Allowance for Doubtful Accounts $2,250
Credit Accounts Receivable $2,250
To record the adjusting entry for the allowance for doubtful accounts:
Debit Bad Debt Expense (1% of credit sales = $8,500)
Credit Allowance for Doubtful Accounts $8,500
b. Balance Sheet:
Accounts Receivable: $126,750 ($130,000 - $3,000 - $2,000 - $1,000 - $2,250)
Thus, allowance for Doubtful Accounts: $11,750 ($7,000 + $3,000 + $2,000 + $1,000 - $2,250 + $8,500)
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Lyon Co. collected $1,200 in sales tax from customers during the month of March. In April, Lyon sent the $1,200 sales tax to the state government. The entry to record payment to the state would include which of the following? (Check all that apply.)
Credit to Cash
Debit to Sales Tax Payable
The entry to record payment to the state would include.
Credit to Cash
Debit to Sales Tax Payable
Which phrase best encapsulates sales tax?A sales tax is one that is levied on both consumer purchases and commercial sales of products and services. It is a form of consumption tax, which means that it levies a fee on every dollar that consumers spend.
Exactly why do consumers pay sales tax?Items like schools, roads, and fire services that are included in the state and local budgets are funded by sales tax. As a lot of localities rely on sales tax to pay for their budgets, they take the collection of all unpaid sales tax very seriously.
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Mclean Consider an essay most recently assigned to you. Identify the most effective academic purpose for the
assignment.
This essay assignment is most effective for teaching students how to support their arguments with evidence and analysis.
What is essay?An essay is a written composition of moderate length in which a writer expresses an opinion, examines an idea, or presents an argument. Essays are designed to test the student's ability to think and write critically. They can range in length from a few paragraphs to many pages, and can cover any number of topics.
By providing a prompt or topic for the essay, it encourages students to go beyond simply stating their opinion and instead to provide evidence and analysis to support their argument. This type of assignment helps to develop critical thinking and analytical skills, which can be applied to many different areas of life.
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Suppose that autonomous consumption is $400 and that the marginal propensity to consume is 0.8. If disposable income increases by $1,200, consumption spending will increase by
$960
If disposable income rises by $1,200, consumer spending will rise by $960, assuming the MPC remains constant at 0.8.
What is the difference between disposable and discretionary income?Discretionary income is the money left over after taxes and living expenses. Disposable income and discretionary income are not the same things. After taxes, disposable income is purely the amount of money left over.
Given
To calculate the change in consumer spending resulting from an increase in disposable income, we can use the marginal propensity to consume (MPC), which measures the fraction of each additional dollar of disposable income that is spent on consumption. The MPC is given as 0.8 in this case.
The initial level of consumer spending, or autonomous consumption, is $400. When disposable income increases by $1,200, disposable income will become:
Disposable income = Initial income + Increase in income
= $0 + $1,200
= $1,200
The change in consumer spending resulting from the increase in disposable income can be calculated as follows:
Change in consumption spending = MPC x Increase in disposable income
= 0.8 x $1,200
= $960
Therefore, consumer spending will increase by $960 when disposable income increases by $1,200, assuming that the MPC remains constant at 0.8.
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a customer brought in a computer that has been infected with a virus. since the infection, the computer began redirecting all three of the system's web browsers to a series of malicious websites whenever a valid website is requested. you quarantined the system, disabled the system restore, and then perform the remediation to remove the malware. you have scanned the machine with several anti-virus and anti-malware programs and determined it is now cleaned of all malware. you attempt to test the web browsers again, but a small number of valid websites are still being redirected to a malicious website. luckily, the updated anti-virus you installed blocked any new malware from infecting the system. which of the following actions should you perform next to fix the redirection issue with the browsers?
For a customer whose computer has got a virus, the action that should be performed next to fix the redirection issue with the browsers Verify the hosts.ini file has not been maliciously modified.
What is a computer virus?A computer virus is a type of computer program that, when executed, replicates itself by modifying other computer programs and inserting its code into those programs. If this replication succeeds, the affected areas are then said to be "infected" with a computer virus, a metaphor derived from biological viruses. Computer viruses generally require a host program. The virus writes its code into the host program.
When the program runs, the written virus program is executed first, causing infection and damage.
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Jamila is preparing a sales presentation to promote her company's new line of office copy machines. Which technique should she adopt to deliver an
effective presentation?
A. read aloud all the text from the slides
OB.
look at the presentation screen to stay focused
O C.
use some hand gestures to show that she's relaxed
O D. talk at a fast pace to cover more of her material
Answer: C
Explanation:
Reading text aloud from a presentation is simply boring- an audience could read the slides themselves, and it does not take much effort. If one were to read straight off the slides, they simply should've sent an email.
On the other hand, talking at a fast pace does not engage the audience- it makes them feel rushed, and they may miss important points that you mention in your presentation.
This leaves C - showing that your relaxed can help the audience feel at ease, and connect with you more- they may stay engaged, and understand the presentation's purpose.
Penn State Berkey Creamery (PSBC) has a line that produces half-gallon ice cream packs. All the stations in this line are single-machine and the line is nearly balanced. Suppose that PSBC hired you as the production manager to evaluate the performance of the line. You have estimated that the bottleneck rate to be 2,160 packs per 18-hour day and the raw process time to be 27 minutes. The actual production rate of this line is 1,800 packs per day with the average cycle time of 3 hours. (a) Estimate the average WIP for this line: WIP: (b) Compare the performance of this line to the minimum expected performance: THE CTMEN: (c) In maximum three sentences, explain the effect of increasing capacity of a nonbottleneck station on the throughput of the line. Assume that the WIP level stays constant. (d) Suppose that you decide to replace a single-machine workstation with a four-parallel- machine workstation. However, the capacity of the new workstation remains the same. Explain how the throughput may be affected by the new setting: (e) You are also thinking about moving batches of ice cream packs between the workstations. Explain how this strategy may affect the performance of the line instead of moving single packs:
(a) The average WIP for this line can be estimated using Little's Law: WIP = Throughput x Cycle Time. In this case, WIP = 1,800 packs/day x 3 hours/day = 5,400 packs.
(b) The minimum expected performance of this line can be estimated using the CTMEN formula: CTMEN = Raw Process Time / Bottleneck Rate. In this case, CTMEN = 27 minutes / 2,160 packs/day = 0.0125 days/pack. Since the actual cycle time of 3 hours (or 0.125 days) is greater than the CTMEN, this line is performing below the minimum expected performance.
(c) Increasing the capacity of a nonbottleneck station will not have an effect on the throughput of the line as long as the WIP level stays constant. This is because the bottleneck station determines the maximum throughput of the line.
(d) Replacing a single-machine workstation with a four-parallel-machine workstation may not affect the throughput if the capacity of the new workstation remains the same. However, it may reduce the variability in the system and improve the performance of the line.
(e) Moving batches of ice cream packs between the workstations instead of moving single packs may reduce the amount of handling time and improve the performance of the line. However, it may also increase the amount of WIP in the system and potentially create bottlenecks at other stations.
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FILL IN THE BLANK. Using vivid words, labeling the main idea, and strategically placing the key idea in a sentence are examples of ________ ways to stress important ideas.
Examples of stylistic techniques to emphasize crucial concepts include using vivid language, naming the main point, and inserting the major idea in a sentence at just the right place.
What fundamental literary devices are there? Provide an illustration.Rhyming is the most prevalent literary device. That improves the poetry's flow. Although a lot of poems are written in free verse, which offers poets the opportunity to convey their ideas without being limited by a specific rhyme scheme, not all poems must rhyme.
What does the term "English stylistic method" refer to?Stylistic devices are any of the several strategies used to provide extra and/or supplementary meaning, idea, or sensation. These tactics, sometimes known as rhetorical devices or figures of speech, are used to underline a point, add emphasis, or clarify anything in a text in order to pique the reader's interest.
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payontime, inc. is a third-party debt collection agency for a debt that esther owes. which of the following practices is payontime, inc. prohibited for doing under the fair debt collection practices act?
Only debts committed by consumers mostly for their own family, or household activities are covered under the FDCPA.
By debt, what do you mean?Debt can be defined as the sum that the borrower owes the lender. A debt is an amount of money that has been borrowed for a specified amount of time and must be repaid, plus interest. The borrower's creditworthiness affects both the debt's size and its acceptance.
What results in debt?Which factors contribute most to debt? Many different things can lead to debt. Certain factors, like having children of moving to a new home, may be the result to expensive life events, whilst others may result from financial hardship.
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suppose bus ridership in sacramento rose by 10 percent after a fare decrease of 50 cents to $2.00. using the midpoint method, what is an estimate of the absolute value of the price elasticity of demand for bus rides? 0.62 1.14 0.96 correct! 0.45
For individual consumption, the demand for bus rides has a cross elasticity of demand with respect to gasoline of 0.2, an income elasticity of demand of -0.1, and a price elasticity of demand of 0.5.
What is price elasticity?Price elasticity evaluates how responsively demand or supply for a good is to a change in price. It is calculated by dividing the percentage change in the quantity that is required (or delivered) by the percentage change in the price.The amount of a product's demand has increased 15% in response to a 10% price reduction if the price elasticity is equal to 1.5. Demand is essentially inelastic at a -0.5 income elasticity. When a product must be purchased regardless of price, this occurs.When the price elasticity of supply is equal to 4, it signifies that a 1% rise in the price of goods has resulted in a 4% increase in the quantity supplied.To learn more about price elasticity, refer to:
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in order to open a discretionary cash account, all of the following are required except: a signature of manager on new account form b signed trading authorization c signed customer's agreement d completed customer new account form
In order to open a discretionary cash account, all of the following are typically required, including-
A signed customer's agreement
A completed customer new account form
A signed trading authorization
However, depending on the policies and procedures of the financial institution or brokerage firm where the account is being opened, the first item listed—"a signature of manager on new account form"—may or may not be necessary. Some institutions might require a manager's signature on all new account forms, whereas others might only do so under specific conditions (such as for high-risk or high-value accounts).
There is no exception, so that is the right response to this question. The manager's signature on the new account form may or may not be necessary depending on institutional policies, but all of the items on the list are typically necessary.
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financial information for buckle is presented in appendix b at the end of the book. required: 1. for the most recent year, what amount does buckle report for current assets? what is the ratio of current assets to total assets? 2. for the most recent year, what amount does buckle report for current liabilities? what is the ratio of current liabilities to total liabilities? 3. for the most recent year, what is the change in retained earnings reported in the balance sheet? 4. for the most recent year, what is the amount of net income reported in the income statement? 5. calculate the amount of dividends during the year using only your answers in questions 3 and 4 above.
1. According to Appendix B, Buckle reported $271,873,000 for current assets and the ratio of current assets to total assets was 0.86.
2. Buckle reported $122,927,000 for current liabilities and the ratio of current liabilities to total liabilities was 0.36.
3. The change in retained earnings reported in the balance sheet was an increase of $17,077,000.
4. The amount of net income reported in the income statement was $14,912,000.
5. The amount of dividends during the year is $17,077,000 - $14,912,000 = $2,165,000.
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in financial menegment the procument of fund is done for
In the context of business or government, procurement most frequently refers to the formal, official process of acquiring and receiving goods, services, or equipment. furthermore it's used for Estimating the amount of money needed is the first step in the function of funding procurement. Several forecasting exercises are necessary to determine the project's future requirements and the amount needed for working capital and fixed asset investments. Investment items that are not tied to construction are paid for through procurement allocations. Equipment items that are not subject to centralised item management and asset control and whose system unit cost reaches or exceeds the expense/investment threshold are included in this. Financial management is the study of raising money and using it wisely and effectively in light of the overall goals of the company.the expectations of the suppliers of funding. The goal of procurement is to achieve competitive rates for suppliers while providing the most value. Procurement management guarantees that all things and services are procured correctly in order for projects and processes to run smoothly and successfully. Procurement may be used to gain a competitive edge when it is optimised to save money, time, and resources. Raw materials, software, services, or items that directly assist the manufacture of the things your firm sells are examples.
As a manager, when Vijay makes decisions, he always thinks about how he would feel if his decision was reported on the evening news. Vijay uses the ________.
- Principle of utilitarian benefits
- Principle of religious injunctions
- Principle of long-term self-interest
- Principle of personal virtue
Answer:
- Principle of personal virtue
teresa is a self-employed civil engineer who uses her automobile for business. teresa drove her automobile a total of 12,000 miles during 2022, of which 5,600 were business miles before july 1 and 4,000 were business miles after june 30. the actual cost of gasoline, oil, depreciation, repairs, and insurance for the year was $6,400. teresa is eligible to use the actual or standard method. If required, round your answers to the nearest dollar.
a. How much is Teresa's transportation deduction based on the standard mileage method?
Teresa's transportation deduction based on the standard mileage method is $ 0.56 per business mile.
What is the standard mileage method?In the standard mileage method, keep note of the miles you travel for work throughout the tax year and multiply that total by the standard mileage rate. The normal mileage rate is 58.5 cents per mile for the first half of 2022 and increases to 62.5 cents per mile for the second half.
12,000 miles x 82% = 9,840 miles
9,840 miles x $0.56 = $5,510.4
Teresa's transportation deduction based on the standard mileage method: $5,510.4
Therefore, Teresa's transportation deduction based on the standard mileage method is $0.56 per business mile.
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before forwarding an email, a business professional should take into account which of the following? (choose every correct answer.)
The need to forward the email and the original sender's perceived view on whether to forward the email .
Professionals 2022 is available to watch where?Follows top-tier security agent Vincent Corbo, who is paid to use any and all means—legal or illegal—to defend the interests of his wealthy and influential clients. Roku streaming. You may view a thriller series right now, professionals. Use The CW on any Roku device to watch it.
Where could I watch Season 1 of The Professionals?
You can view the criminal drama series The Professionals, starring John Collin, Martin Shaw, and Ramsay Jackson, right now. Stream it on on Roku device using Plex - Gratis Movies & TV, Pluto TV - It really is Free TV, Your Roku Channel, Fubotv - Free Cinema & TV, or The Roku Channel.
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Pierre LeBlanc owns a bicycle shop that specializes in European speed bikes. He sells expensive bikes with prices starting around $500. His only competition is a nearby Walmart store that sells bikes starting at around $150. Recently, the economy in Pierre’s town has been depressed due to the closing of several corporations in the area. Since the economy is bad, Pierre’s sales are starting to fall. He does not want to close his business and has asked for your help. Which product-mix strategy would be best for Pierre?
Given the situation that Pierre LeBlanc's bicycle shop is facing falling sales due to the depressed economy, he could consider the following product-mix strategies to stay competitive and attract customers:
1. Product diversification: Pierre could expand his product line to include a wider range of products in addition to European speed bikes, such as mountain bikes, electric bikes, or other types of bicycles. This could help to attract a broader customer base and diversify his business, making it less vulnerable to changes in demand for any particular type of bike.
2. Product bundling: Pierre could offer packages of products or services to customers, such as a maintenance plan or accessories, bundled with the purchase of a bicycle. This could add value for customers and increase sales, while also differentiating his shop from the nearby Walmart store, which may not offer such services.
3. Product differentiation: Pierre could focus on differentiating his European speed bikes from those sold at Walmart by offering unique features, designs, or materials that set them apart. This could help to justify the higher prices and appeal to customers who are willing to pay more for high-quality, specialized bikes.
Overall, a combination of these strategies may be the most effective for Pierre, as they can help to increase sales, differentiate his shop from the competition, and appeal to a broader customer base.
If sales returns and allowances are a large dollar amount relative to initial sales revenue, it may mean O the shipping terms should be changed to FOB destination O the shipping terms should be changed to FOB shipping point O the discount period is too short O the discount period is too long O there are product quality issues
If sales returns and allowances are a large dollar amount relative to initial sales revenue, it may mean there are product quality issues. Thus, option E is correct.
What is product quality?Product quality describes how well a product meets industry standards, satisfies customer needs, and accomplishes its intended function. Businesses consider a number of important factors when assessing the quality of a product, including whether it solves a problem, functions effectively, or serves the needs of customers.
Companies may also assess a product's quality using a variety of viewpoints that illustrate how various audiences view a product's utility. Customer perspectives, manufacturing perspectives, product- and value-based perspectives, as well as transcendental perspectives—which weigh a product's value in relation to its price—should all be taken into account when evaluating product quality.
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tao and miray are economists. tao thinks that the wealthiest 10 percent of the u.s. population should be taxed a rate higher than the rest of society because they can better afford it. miray thinks that everyone should be taxed at the same rate because that is the fairest scenario and the wealthy should not be penalized for their success. in this example, tao and miray
In this example, Tao and Miray both have different normative views with regard to tax policy.
Their essential obligations incorporate gathering and breaking down monetary and financial information, prompting organizations and state-run administrations on financial choices, and creating models for financial anticipating.
Tao accepts that the richest 10% of the populace ought to be taxed higher than the remainder of society, while Miray figures everybody ought to be charged at a similar rate to guarantee reasonableness, and the well-off are not punished for their prosperity.
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You manage inventory for your company and use a continuous review inventory system to control reordering items for stock. Your company is open for business 300 days per year. One of your most important items experiences demand of 16 units per day, normally distributed with a standard deviation of 4 units per day. You experience a lead time on orders from your supplier of seven days with a standard deviation of three days. The unit price, regardless of order size, is $5.95. Your ordering cost is $11. Your inventory carrying cost is 20 percent. You have established a service level policy of 90 percent on this item. Use Table 7-2.
a. What is your optimal order quantity? (Round up your answer to the next whole number.)
b. What is your reorder point? (Round your answer to the nearest whole number.)
c. How much safety stock do you carry? (Do not round intermediate calculations. Round up your answer to the next whole number.)
According to the data, the optimal order quantity is 298 units. The reorder point is 175 units. The safety stocks which is carry is 63 units.
What do you mean by optimal order?The amount of merchandise that a company should have on hand at any particular moment that is most cost-effective is called the optimal order number.
The economic order quantity (EOQ) is the amount of inventory that a business should buy in order to satisfy demand while reducing overall ordering, getting, and holding expenses.
Here,
Average daily demand (d) = 16 units
Number of days per year = 300
Annual demand (D) = d × Number of days per year = 16 × 300 = 4800 units
Ordering cost (S) = $11
Carrying cost (H) = 20% of unit price = 20% of $5.95 = $1.19
Standard deviation of daily demand (d) = 4 units
Lead time(L) = 7 days
Standard deviation of lead time (L) = 3 days
At 90% service level value of Z = 1.28
a) Optimal order quantity (Q) = √(2DS/H)
= √[(2 × 4800 × 11)/1.19]
= √(105600/1.19)
= √88739.49579
= 298 units
b) Standard deviation of demand during lead time(dL) = √[(L × square of d) + (square of d × square of L) ]
= √[(7 × square of 4) + (square of 16 × square of 3) ]
= √[(7 × 16) + (256 × 9) ]
= √(112 + 2304)
= √2416
= 49.1528229
Reorder point = d × L + (Z × dL)
= 16 × 7 + (1.28 × 49.1528229)
= 112 + 62.91561332
= 174.91561332 or rounded off to 175 units
C) Safety stock = Z × dL = (1.28 × 49.1528229)
= 62.91561332 or rounded off to 63 units
Therefore, by the given data in the case follows terms and conditions:
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The table of image is attached:
t/f : the accountant at zepha consulting works with the manager authorized to make purchases in order to steal cash from the company. this is an example of collusion.
The accountant at Zepha consulting works with the manager authorized to make purchases in order to steal cash from the company. this is an example of collusion. The statement is true.
What is collusion?
In the field of economics and market competitiveness, collusion occurs when competing businesses work together for their mutual gain. Often, a conspiracy comprises two or more vendors coming to an agreement to take steps to stifle market competition. Conspiracy agreements raise the price consumers pay for the items since businesses competing for customers can offer them inexpensive pricing. Antitrust rules prohibit price fixing via agreement between producers since it harms consumers, hence parties are required to keep the arrangement a secret. In an oligopoly market structure, when there are few enterprises and agreements that have a substantial influence on the whole market or sector, collusion is frequently observed. To set them apart from a cartel,
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Your company is in the process of opening a new branch office in a nearby town. The branch manager has called you to discuss options for connecting the new office location to the Internet.Branch manager:I'm a little confused by all these options—should I just call the telephone company to hook us up to the Internet?You:The telephone company is one way to go. They offer DSL service and ______1_________ that are appropriate for business use, depending on our specific needs. Of those two options, DSL can offer faster options at cheaper prices, but might not reach as far away from the telephone company's office location.
1) there are also other internet service providers (ISPs) that we can consider, such as cable or fiber optic providers, that may offer faster speeds and more reliable connections than DSL.
Who is the internet service providers (ISPs)?Generally, Internet service providers (ISPs) are companies that provide Internet access to customers or users. They offer various types of services, including broadband, dial-up, mobile, and wireless. ISPs typically provide the infrastructure and equipment necessary to connect customers to the Internet, such as modems, routers, and other networking hardware.
We should research and compare prices and services from different ISPs to find the best fit for our needs and budget.
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Fill in the blank: When creating a work breakdown structure (WBS), a project manager should focus on _____ rather than actions.
a. deliverables
b. stakeholder needs
c. timeline
d. teammate strengths
When creating a work breakdown structure (WBS), a project manager should focus on deliverables rather than actions.
What is the work breakdown structureThe work breakdown structure (WBS) is a hierarchical decomposition of a project into smaller, more manageable components or tasks. It is a tool used by project managers to organize and structure the work required to complete a project.
The WBS breaks down the project work into smaller, more manageable parts, which are then grouped into deliverables, work packages, and tasks. Each level of the hierarchy represents a more detailed and specific level of work, and each component is typically assigned to a specific team member or group.
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In the context of the SPIN (situation questions, problem questions, implication questions, and need payoff questions) technique, which of the following best exemplifies a situation question? Multiple Choice a. Do you intend to upsize your workforce in the near future? b. Do you have trouble meeting inventory requirements? c. Would you be interested if I promised you a 25 percent return on investment?
d. Have you been facing any bandwidth problems?
e. Does missing a deadline have serious implications for your firm?
Do you struggle to meet inventory requirements is a situation question that is part of the SPIN technique of situation questions, problem questions, implication questions, and need payoff questions. Hence, option (B) is the one that should be chosen.
What is meant by Inventory Model?An inventory model is a mathematical tool that assists businesses in determining the ideal level of inventories that should be maintained in a production process, managing ordering frequency, determining the amount of goods or raw materials to be stored, and tracking the flow of supply of goods and raw materials to ensure continuous service to customers with no delivery delays.
When the inventory level falls below a fixed quantity
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The shapes of the product life cycle for high-learning, low-learning, fashion, and fad products vary as does __________.
the actual length of time a given product stays in any given stage of the life cycle
Answer:
the actual length of time a given product stays in any given stage of the life cycle.
Explanation:
the threat of new entrants is a measure of the degree to which barriers to entry make it easy or difficult for new companies to get started in an industry. true or false
Industries with a high risk of new rivals are less appealing because there are low barriers to entry. New rivals may easily enter the sector in order to compete with current companies and take market share.
What is the definition of a market share?Market share refers to a company's share of a particular industry's sales. In essence, it is the share of sales of the products and services provided by your business that contributes to the overall income of the sector. Industry leaders and rivals of smaller businesses are those with a larger market share. Market share is the proportion of a company's operations that make up the total revenue or sales of an industry. For instance, a business that sells 5,000 of the 50,000 units produced annually in a certain industry would have a 10% market share.
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the type of listing that allows the broker to offer the property at any price greater than the total amount the seller wants is the unit 5 real estate
The type of listing that allows the broker to offer the property at any price greater than the total amount the seller wants is an exclusive right to sell listing.
What is the exclusive right to sell listing ?In an exclusive right to sell listing, the broker has the exclusive right to market and sell the property on behalf of the seller, and is entitled to a commission regardless of who sells the property.
This gives the broker the flexibility to price the property in a way that will attract buyers, and to negotiate the best possible deal for the seller. The broker has a fiduciary responsibility to act in the best interests of the seller, and must use their professional judgment to determine the most effective pricing strategy for the property.
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Which of the following would NOT be a good allocation base for manufacturing overhead?
-Machine hours
-Accounting hours
-Units of product
-Direct labor hours
Accounting hours are not a good allocation base for manufacturing overhead as they are not related to manufacturing.
Option Accounting hours is correct.
Which base allocation for manufacturing overhead is most effective?Allocation bases can vary, but direct machine hours and direct labor hours are the most common. Direct labor hours are probably the most accurate base for a manufacturing environment with a lot of labor, but machine hours are probably a better choice for an environment with more automated manufacturing.
What makes a good base allocation?The cost that is being allocated ought to be a cause, or driver, of the allocation base. When changes in the allocation base roughly match changes in the actual cost, this is a good sign that the base is appropriate. Therefore, if machine usage decreases, so should the machine's actual operating costs.
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How does exaggeration adversely impact readers perception of the credibility of a business message?
Exaggeration can appear as dishonest or manipulative, which can negatively affect readers' perceptions of the message's reliability in corporate communications.
How can it be explained in detail?Exaggeration can make claims look exaggerated or even incorrect, which can make readers doubt the message's overall validity and the sender's legitimacy.
When a corporate communication makes inflated claims or promises, it may set up unattainable standards that result in disappointment and mistrust. The company can also come across to readers as being dishonest or as trying to coerce them into doing something.
Exaggeration can also reduce a message's efficacy by making it more difficult for readers to understand the true advantages or worth of the good or service being advertised. Readers are less likely to interact with or take the required action when they believe a message is not credible.
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