To calculate the target volume in sales dollars, we can use the following formula:
Target volume = (Target profit + Fixed costs) ÷ (Sales price per unit - Variable cost per unit)
Plugging in the given values, we get:
Target volume = ($8,000 + $2,000) ÷ ($30 - $18)
Target volume = $10,000 ÷ $12
Target volume = 833.33 units
To find the target volume in sales dollars, we multiply the target volume in units by the sales price per unit:
Target volume in sales dollars = 833.33 units × $30 per unitTarget volume in sales dollars = $25,000Therefore, the correct answer is B. $25,000.
To know more, check out: https://brainly.com/question/29674629
#SPJ1
when a negotiator wants to determine whether the other party is acting deceptively, they may use the minimization tactic where they down play the significance the deception and help the other party find excuses for the deception. True or False
How to React to Deceptive Techniques in a Negotiation. Set a Limit and make the other person either lie or back off. Test the other person or call their false behaviour out in a confrontation.
What is Deceptive Techniques ?Deception is the deliberate use of words and/or actions, including omissions, to deceive a counterpart. In a negotiation, there are several ways to lie. Although if not all lies are motivated by personal gain, the most typical lies are (Lewicki, 1983).
The goal of deception technology is to trick attackers by dispersing a variety of traps and dummy assets throughout a system's infrastructure to mimic real assets.
Lear more about Deceptive Techniques here
https://brainly.com/question/13291249
#SPJ1
which of the following affects the demand for normal goods and inferior goods? multiple choice question. income technology the number of buyers price of related goods consumer expectations
If income rises, so does the demand for a typical good. If income rises, the demand for a subpar product falls.
What is income?Income is an entity's ability to save and spend money during a given period of time, and it is typically expressed in monetary terms. Conceptually, income can be difficult to define, and there may be variations depending on the field. The entire amount of money, assets, and other value exchanges obtained over a predetermined period of time in exchange for goods or services is frequently referred to as "income."There isn't a single, accepted definition of income; instead, the term is defined in light of the context in which it is used.The wage they receive from their employment is a common example of income for many people. Any money that an individual or business receives in exchange for labour, the creation of goods and services, or the placement of capital is referred to as income.To learn more about income, refer to:
https://brainly.com/question/28390284
#SPJ1
long-run economies of scale exist over the range of output for which the long-run average total cost (lratc).T/F
It is true that the long-run economies of scale exist over range of output for which long-run average total cost.
What are economies of scale?Economies of scale refer to the cost advantages that a business can achieve as it increases its level of production. Essentially, the larger the scale of production, the lower the average cost of production, due to spreading fixed costs over a greater number of units. This results in a more efficient use of resources and a higher level of productivity, which can translate into greater profits and a competitive advantage over smaller competitors. Common examples of economies of scale include bulk purchasing, specialization of labor, and the use of more efficient equipment. It's important to note, however, that economies of scale can reach a point of diminishing returns, where the cost savings of increased production begin to level off or even decrease as additional resources are required.
To learn more about economies of scale, visit:
https://brainly.com/question/23633985
#SPJ1
assume that $1 is equal to .85 euros and 98 yen. the value of yen in euros is group of answer choices .01 118 1.18 .0087
An example of meta-analysis is Fionn's combined several studies, each using different kinds of samples and measures, to determine the cause of employee turnover. The correct option is e.
What is a meta-analysis?A meta-analysis is a statistical analysis that combines the results of multiple scientific studies. Meta-analyses can be performed when multiple scientific studies are addressing the same question, with each study reporting measurements that are expected to have some degree of error. The aim then is to use approaches from statistics to derive a pooled estimate closest to the unknown common truth based on how this error is perceived.
Meta-analytic results are considered the most trustworthy source of evidence by the evidence-based medical literature.
Learn more about meta-analysis, here:
https://brainly.com/question/29442056
#SPJ1
Margaret started her own business in the current year and will report a profit for her first year. Her results of operations are as follows:
Gross income $45,000
Expenses: Travel $1,000
Contribution to Presidential Election Campaign $100
Transportation
(5,725 miles evenly throughout the year, using standard mileage method) ?
Entertainment in total $4,200
Nine gifts at $50 each $450
Rent and utilities for apartment in total $10,500
(25% is used for a home office) Complete the table below to determine the net income Margaret should show on her Schedule C.
If an amount is zero, enter "0". If required, round the amounts to the nearest dollar.
Gross income $
Expenses: Travel $
Political contribution Transportation Entertainment Gifts Rent and utilities Total expenses $
Taxable business income $
The table below to determine the net income are: Gross income $45,000, Expenses: Travel $1,000, Political contribution $100,Transportation $2,875, Gifts $450, Total expenses $16,500, Taxable business income $28,500.
What is net income?Net income is a term used to describe the amount of money a business or individual has earned after all expenses, taxes, and other deductions have been subtracted from total revenue. It is calculated by taking the total revenue and subtracting all expenses, taxes, and other deductions. Net income is also referred to as the “bottom line” of a business because it is the profit after all other costs are taken into account. Net income is important because it is the number that tells how much money the business or individual has earned after all other costs have been paid. This figure is used to determine the overall financial health of a business or individual, and it is also used to calculate taxes.
To learn more about net income
https://brainly.com/question/28390284
#SPJ1
which of the following is the most controversial form of alternative energy after nuclear power? question
a. ethanol b. solar power c. wind power d.geothermal power
Ethanol is the most controversial form of alternative energy after nuclear power.
What is energy?Energy is the capacity for doing work, which can take a range of forms, such as kinetic energy, potential energy, thermal energy, electrical energy, chemical energy, nuclear energy, and other forms. It is an essential component of the universe, as it is found in all forms of matter and can be converted from one form to another.
This is because the production of ethanol involves converting food sources, such as corn, into fuel, which can lead to higher food prices and a decrease in food availability. Additionally, while ethanol is considered a renewable energy source, it is less efficient than many other forms of alternative energy, such as solar or wind power, and can produce more carbon dioxide than traditional fossil fuels.
To learn more about energy
https://brainly.com/question/29343970
#SPJ1
Fill in the blank: A(n) ______ is an observable change that can help project managers determine the overall health of a project.
milestone
risk
issue
signal
The four stages of the project life cycle—initiation, planning, implementation, and closure—should be marked by milestones in project management.
What function do managers serve?A manager is someone who coordinates duties within an organization, delegated authority to subordinates, participated in decision-making, and served as the organization's spokesperson. All of the aforementioned roles are harmful to the effective attainment of goals by teams and their peaceful collaboration.
How would you define managers?A qualified individual who manages a team of employees is called a supervisor. Within their company, managers frequently have responsibility for a particular department.There are many different kinds of management, but they typically have responsibilities including carrying out performance evaluations.
To know more about managers visit:
https://brainly.com/question/29023210
#SPJ1
Consider a manufacturing line of four workstations and four machines. The machine in Workstation 2 has an average process time of 4 hours per job. The other machines are identical with an average process time of 2 hours. Answer the following questions with the assumption that the process times are deterministic and there is no variation: (a) What are the ro and To for the described manufacturing line? To ro (b) Assume that we add an identical second machine to Workstation 2. What is the value of r and To? To ro: In maximum three sentences, explain the effect of adding that machine on the performance of the line: (c) Assume that the single machine in Workstation 2 is speeded up. The new process time is 2 hours. What is the value of ro and To? Tо: Гь: In maximum three sentences, explain the effect of that adjustment on the performance of the line: (d) What will be the value of ro and To if we add an identical second machine to Workstation 1? To: In maximum sentences, explain the effect of adding that machine on the performance of the line: (e) How about speeding up the single machine in Workstation 1 twice as fast? To In maximum three sentences, explain the effect of that adjustment on the performance of the line:
a. 16 hours, b. Since the backlog has been removed, to would decline 8 hours
(a) What are the ro and To for the described manufacturing line?We must identify the bottleneck machine in order to compute ro. The machine at Workstation 2 is the barrier machine since its typical processing time is 4 hours. Thus, ro equals 1/4. The equation To = N/ro, where N is the number of units in the line, is used to determine To (4). To is equal to 16 hours.
(b) Assume that we add an identical second machine to WorkstationBecause there are now two computers processing work in parallel, r would increase from 1/4 to 1/2 if we added an equal second machine to Workstation 2. Since the backlog has been removed, to would decline. To=N/ro=4/(1/2) = 8 hours. The capacity of the bottleneck would be increased by adding the second machine to Workstation 2, enabling the line to generate additional output in the same period of time. This would speed up the line's throughput and decrease the amount of time it takes to process a job.
To Know more about Workstation Visit:
brainly.com/question/13085870
#SPJ1
LENGAGE |
1
MINDTAP
y It-Ch. 14 Assignment
2.
3.
O
Cindy Jo's Hair Salon is concerned about its rising costs of supplies, energy, and labor, so it is considering investing in better equipment, which
hopefully will reduce the time required to perform most hairstyles as well as result in better perceived quality by its customers. It predicts that
the added investment will increase output levels as well as reduce energy costs, since some of the new equipment (hair dryers) use less
electricity.
Inputs and Outputs
Hairstyles per week
Labor costs per week
Energy costs per week
Material costs week
Capital investment
Productivity
Current (this year)
Current (this year)
290
$950
$390
$360
50
Using the given information, determine the current and expected single-factor and total productivity measures. Do not round intermediate
calculations. Round your answers to three decimal places.
haircuts/dollar
haircuts/dollar
haircuts/dollar
haircuts/dollar
Q Search this course
>
Expected (next year)
360
$990
$335
$395
$13,000
Expected (next year)
haircuts/dollar
haircuts/dollar
haircuts/dollar
haircuts/dollar
Labor
Energy
Material
Total
What is the percentage change in total productivity? Do not round intermediate calculations. Round your answer to two decimal places.
Check My Work
The percentage change in total productivity 1. %increase = 13.3%
2. a. Increase = 11.5%
b. Increase = 37%
c. Increase = 10.8%
How to calculate Current and Expected year?
Productivity = total output/ total input
Productivity = weekly hairstyle/ (weekly labor cost + weekly energy cost + weekly material cost)
1. Current productivity:
Productivity = $0.15 per hairstyle
Expected productivity:
Productivity = 300/(1010+350+325)
Productivity = $0.17 per hairstyle
% increase = ($0.17/0.15) -1
%increase = 13.3%
2. a. labor productivity
productivity =total output/total input
current productivity = 250/960
current productivity = $0.26 per hair style
Expected productivity = 300/1010
Expected productivity = $0.29 per hair style
Increase = (0.29/0.26) -1
Increase = 11.5%
b. energy productivity
current productivity = 250/400
current productivity = $ 0.62 per hairstyle
expected productivity = 300/$350
Expected productivity = $0.85 per hairstyle
Increase =(0.85/0.62)-1
Increase = 37%
c. material productivity
current productivity = 250/300
current productivity = $0.83 per hair style
expected productivity = 300/$325
Expected productivity = $0.92 per hairstyle
Increase = (0.92/0.83)-1
Increase = 10.8%
To know more about Productivity, visit:
brainly.com/question/2992817
#SPJ1
Which of the following is a value that will impact the culture of an organization in the absence of any other established values? a. Profit at any cost b. Ethical behavior c. Legal compliance d. Customer satisfaction
Profit at any cost is a value that will impact the culture of an organization in the absence of any other established values. option [a] is the correct answer for the above statement.
Which of the following contributes significantly to developing ethical leadership?
An essential component of ethical responsibility is respect. Ethics-driven bosses treat everyone with the same regard, including subordinates and staff. Negative or violent work environments can be swiftly established by not treating others with respect.
In the lacking of any other firmly established values, the value of profit at any cost will affect the culture of a business.
Therefore, Profit-driven decisions can result in unethical behavior, exploitation, and long-term damage to people, society, and the environment.
Learn more about culture from the given link.
https://brainly.com/question/30497684
#SPJ1
at a firms current rate of output, the marginal cost is $65, the average variable cost is $35, the average fixed cost is $30 and the product price is $65. which of the following statements is true for the firm
a. economic profits are zero because price equals average total cost
b. decreasing average total cost through an increase in economies of scale
c. The accounting profits are less than her implicit costs
a. Economic profits are zero since the firm's following statements are accurate in that price equals average total cost.
What exactly are economic gains?The opportunity cost can be subtracted from the accounting profit to determine economic profit. The investment that the company will have to forgo making on the current opportunity is known as the opportunity cost. Often, accounting profit is what is meant when discussing profit in a business.
Hence, when we say that our company has made money, we are talking about an accounting profit. Economic profit is a crucial concept in trade-offs. An organization must select what it will invest in and produce. The corporation makes simultaneous investments in a variety of endeavors, and this will decide its profitability.
Learn more about economic profits with the help of the given link:
brainly.com/question/29585616
#SPJ1
Which of the following is NOT a trend predicted by the 2018 annual Global Risks Perception Survey (GRPS) in the external environment?
Group of answer choices
Domestic and international political tensions
Persistent inequality and unfairness
Environmental dangers
Cyber vulnerabilities
Denuclearization
Denuclearization is NOT a trend predicted by the 2018 annual Global Risks Perception Survey (GRPS) in the external environment.
What is meant by the GRPS?The GRPS is a report published by the World Economic Forum that identifies the most significant global risks and trends. The report highlights trends such as persistent inequality and unfairness, environmental dangers, cyber vulnerabilities, and domestic and international political tensions. However, denuclearization is not identified as a trend in the 2018 report.
What position does India hold in the 2022 Global Risk Report?India's ranking dropped from 168th in 2020 to 177th in 2021, and in 2022 it was ranked last overall and one of the worst-performing countries in terms of "environmental health, protecting ecosystem vitality, and mitigating climate change."
To know more about GRPS, visit:
brainly.com/question/28849078
#SPJ1
morgan has just completed writing a long company report. morgan should set it aside for at least a day before proofreading it.T/F
Morgan has just completed writing a long company report. He should set it aside for at least a day before proofreading it is true. The correct option is T.
What is proofreading?Proofreading means carefully checking for errors in a text before it is published or shared. It is the very last stage of the writing process when you fix minor spelling and punctuation mistakes, typos, formatting issues and inconsistencies. It is essential for any text that will be shared with an audience, whether it’s an academic paper, a job application, an online article, or a printable flyer.
Proofreading is the final stage of the writing process when the paper is evaluated for mechanical correctness, such as grammar, punctuation, spelling, omitted words, repeated words, spacing and format, and typographical errors.
Learn more about proofreading, here:
https://brainly.com/question/11845575
#SPJ1
Suppose policymakers are considering a particular action in the market for heroin that would reduce consumer surplus. They may choose not to care about consumer surplus because
A. willingness to pay does not ever reflect economic well-being.
B. they do not respect consumers' preferences in any market.
C. they do not respect the preferences that drive buyer behavior for that good.
D. consumers are not the best judges of how much benefit they receive from the goods they buy.
They may choose not to care about consumer surplus because they don't pay attention to the preferences of buyers who are influenced by that product.
Option C is correct .
What would pique the interest of policymakers in consumer surplus?Managers can use consumer surplus to determine whether a product they are selling will be purchased. The goods will not be purchased by those whose willingness to pay is less than the price.
Consumer surplus :When consumers pay a price that is lower than what they are willing to pay for a product or service, this is known as a consumer surplus. It is a measure of the additional benefit consumers receive when they pay less than they were willing to pay for something.
What exactly are producer surplus and consumer surplus?The difference between what a consumer is willing to pay for a product and what they paid for it is referred to as the consumer surplus. The difference between the market price and the lowest price a producer is willing to pay to produce a good is called the producer surplus.
Learn more about Consumer surplus :
brainly.com/question/13573671
#SPJ1
item11 part 4 of 4 0.36 points item skipped ebookreferencesitem 11 required information required information skip to question raw materials purchases are debited to raw materials inventory. direct materials used are debited to work in process inventory and credited to raw materials inventory. indirect materials used are debited to factory overhead and credited to raw materials inventory. direct labor used is debited to work in process inventory and credited to factory wages payable. indirect labor used is debited to factory overhead and credited to factory wages payable. other actual factory overhead costs are debited to factory overhead. estimated overhead costs are allocated, using a predetermined overhead rate, to the different processes. this allocated amount is credited to the factory overhead account and debited to the work in process inventory account for each separate process. as units are finished, finished goods inventory is debited and work in process is credited. units sold are debited to cost of goods sold and credited to finished goods inventory. current time 0:00 / duration 1:04 1x knowledge check 01 the journal entry to record the use of utilities in a factory includes which of the following: (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) check all that apply debit to factory overheadunanswered credit to factory overheadunanswered debit to factory utilities payableunanswered credit to factory utilities payableunanswered credit to raw materialsunanswered credit to factory wages payableunanswered
The journal entry to record the use of utilities in a factory includes Debit to Factory Overhead. As utilities are included in manufacturing overhead, using them in a factory counts as using factory overhead.
Manufacturing overhead, commonly referred to as "factory overhead," refers to all indirect costs incurred by the company in the normal operation of a plant. It excludes the direct expenditures made for labour and materials. These charges, which include depreciation, factory rent costs, power, property costs, supervision costs, and other costs that cannot be clearly linked to a specific good or service, are all indirect costs. These costs are distributed in a variety of ways, including, among others, time spent as a percentage of direct material, direct labour, or prime cost costs.
To learn more about factory overhead visit;
https://brainly.com/question/14256382
#SPJ1
if your purchases of yoga pants increase from 9 pairs per year to 11 pairs per year when your income increases from $39,000 to $44,000 a year, for you, yoga pants are a(n) ____ good. group of answer choices a. normal b. inferior c. complementary d. substitute
if your purchases of yoga pants increase from 9 pairs per year to 11 pairs per year when your income increases from $39,000 to $44,000 a year, for you, yoga pants are a(n) normal good.
What is a normal good?As the consumer's income increased from $39,000 to $44,000 per year, their purchases of yoga pants also increased from 9 pairs per year to 11 pairs per year. This indicates that yoga pants are a normal good for this consumer, meaning that they have a positive income elasticity of demand.
In other words, as the consumer's income increases, their demand for yoga pants also increases, which may be due to the fact that they now have more disposable income to spend on non-essential items such as yoga pants.
Therefore the correct option is A.
Learn more about normal good here:https://brainly.com/question/15069740
#SPJ1
Which one of the following parts of the inventory process do you feel is most important for your business concept and why (Ordering, Receiving, Storage (FIFO), Issuing, preparation, portioning, order taking)?
Based on your business concept, do you feel inventory should be completed daily, weekly, or monthly and why?
How does inventory management relate to budgeting?
To make sure that the institution receives exactly what has been ordered, it is important to develop a regular procedure for accepting orders for items.
What is an example of an institution?
To make sure that the institution receives exactly what has been ordered, it is important to develop a regular procedure for accepting orders for items.
Societies create social structures, or institutions, that endure because they contribute to the survival of the society. The family, the educational system, the governmental system, the religious system, and the economic system are some of these institutions.
an important custom, connection, or group within a society or culture. the institution of marriage. also: something or someone strongly connected to a location or object. She has established herself as an institution in the theater.
Know more about orders Visit:
https://brainly.com/question/14955166
#SPJ1
when people elect to spend more years in school, this results in a _______ externality because there are _______ associated with this decision
When people elect to spend more years in school, this results in a positive externality because there are costs associated with this decision
What is positive externality?Positive externality is a benefit that is enjoyed by a third-party as a result of an economic transaction. It occurs when the production or consumption of a good or service has a beneficial effect on an unrelated third-party. Examples of positive externalities include increased employment, improved public health, and a cleaner environment. Positive externalities can also have economic benefits, such as increased demand for the good or service, increased competition, and increased economic activity. In some cases, positive externalities can even lead to an increase in the overall welfare of society, as the benefits of the transaction exceed the costs.
To learn more about positive externality
https://brainly.com/question/14018373
#SPJ1
What is productivity?
A.
quantity of input per unit of output
B.
quantity of output per unit of input
C.
quality of output per unit of input
D.
quality of input per unit of output.
Answer:
The correct answer is B. Quantity of output per unit of input.
Productivity is a measure of efficiency that relates the amount of output produced to the amount of input used. The most commonly used definition of productivity is the amount of output produced per unit of input. This definition can be expressed mathematically as:
Productivity = Output / Input
In this formula, the input can be measured in a variety of ways, such as labor hours, capital invested, or raw materials used. The output can also be measured in a variety of ways, such as units produced, services provided, or revenue generated.
Therefore, productivity is generally defined as the quantity of output per unit of input, which means that answer B is the correct choice.
Which task is a common part of turndown service?
Turndown service is a hospitality industry term that refers to the preparation of a hotel room for the evening hours. A common part of turndown service is the preparation of the bed for the night.
What is romantic turndown service?A luxury hotel is known for its turndown service. A new carafe of water, a pair of slippers, or even a chocolate bar on the pillow might be a small gesture.
This usually involves turning down the sheets and comforter, fluffing the pillows, and placing a chocolate or mint on the pillow as a special touch. Other common tasks that may be included in turndown service are freshening up the room, closing curtains or blinds, adjusting the lighting, and providing fresh towels or toiletries if needed.
The goal of turndown service is to create a welcoming and comfortable atmosphere for guests as they prepare for a restful night's sleep.
Learn more about turndown service here:
https://brainly.com/question/22176358
#SPJ9
g allied receives payment from macy for the amount owed on the may 5 purchase; payment is net of returns, allowances, and any cash discount.21000
Accounts payable is $12000, merchandise inventory is $240, and Cash is $11760.
What do you mean by Allowances?Salary Allowances are any monetary benefits provided by the employer to its employees to cover expenses above and above the base pay. The financial advantage provided to the employee in addition to their monthly income is known as an allowance.
A journal entry is an act of recording any transaction, whether one is commercial or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions. Several recordings, each of which is either a debit or a credit, may be included in the journal entry.
Therefore, Accounts payable is $12000, merchandise inventory is $240, and Cash is $11760.
Learn more about Allowances, here;
https://brainly.com/question/29043310
#SPJ1
For his yearly vacation, colton plans to spend $350 on train tickets, $200 on food, $150 on accommodations, and $50 on miscellaneous expenses. How much should colton budget monthly for this vacation?.
The answer is 62.50 dollars, is the amount should Colton budget monthly for this vacation.
Calculation-
In this question, we are tying to find his entire budget. So add everything he has planned to spent, then divide by 12 months.
= 350+ 200+ 150 +50= 750
Divide by 12 months.
= 750/ 12= 62.50$.
What do assets and costs mean?A corporate resource that will be economically advantageous to the company in the future is known as an asset. A resource that the company has already used up during business activities for a certain accounting period is referred to as a cost.
What is a type of expense?The cost expended, or money spent, to produce income for a business is known as a business expense. Store renting, website hosting, staff compensation, loan interest, and supplier payments are examples of expense kinds. The income statement, sometimes referred to as the profit-and-loss statement of a business, reflects these costs.
To know more about Expenses visit:
https://brainly.com/question/29842871
#SPJ1
a 95% confidence interval for p, the proportion of all shoppers at a large grocery store who purchase cookies, was found to be (0.236, 0.282). which of the following is a correct statement?
Option (e), The statement "Point estimate = 0.259; margin of error = 0.023" is accurate.
An AP Statistics point estimate is exactly what?A point estimator, which is a statistic, provides an estimate of a population parameter. To calculate the value of a statistic from a sample, point estimates are utilized. Point estimation in statistics involves selecting a single value from sample data to represent the "best guess" or "best estimate" of an unknown population parameter. It is the process of using a point estimator to the data in order to generate a point estimate, to put it another way.
What is a 95% confidence interval's margin of error?The margin of error is a statistic that describes the degree of random sampling error in survey data. One should have less faith that a poll's findings will accurately represent the findings of a population-wide census the higher the margin of error.
Z* is equal to 1.96 at a 95% level of confidence. A margin of error of 3.92 is discovered when the value of z*, the population standard deviation, and the sample size are all entered into the equation.
0.236 - 0.282= 0.046
0.046/2=0.023
0.023+0.236=.259
Learn more about margin of error: https://brainly.com/question/29101642
#SPJ1
Which of the following is not a benefit of tight cross-functional integration among research and development (R&D), production, and marketing?
A. New products are designed for ease of manufacture.
B. Development costs are kept in check.
C. Product development projects are driven by company innovations.
D. Time to market is minimized.
E. Customer needs are considered in the product development process.
The correct answer is (c) Product development projects are driven by company innovations. The process of combining various functional business activities within an organization is CF integration.
What is cross function integration?Cross-functional integration refers to the close collaboration of personnel representing different functional organizations through cross-functional teams or other organizational means.
A cross-functional team consists of members with different fundamental perspectives and expertise necessary to achieve a common team goal.
As a result, the activities and decisions provided by cross-functional teams are considered superior to those provided by individuals or groups that take only a functional perspective.
Implementing cross-functional integration requires understanding that conflicts can arise.
That is why the integration process itself and its seamless construction are so important when it comes to different job prospects and skills.
Innovation happens during multiple brainstorming sessions within cross-functional teams.
It's a challenging process because sharing thoughts and opinions, removing the unrealistic, and emphasizing what's great is the main goal of his COMMITMENT.
Creativity and integrated ideas can be transformed into the best products. This explains the transformative effect of cross-functional integration on developed products.
To know more about CRM, visit:-
https://brainly.com/question/17202339
#SPJ1
Which one of the following is NOT an effective approach to cost-cutting that will aid company efforts to achieve a competitive advantage based on lower overall costs per pair sold than rival companies? A. Pursuing actions in each production facility that result in low labor costs per unit produced- ideally, the company's labor costs per pair produced in those geographic regions where it has production facilities should be at or very close to the industry-low in the benchmarks on p. of the FIR B. Producing 500 models/styles at each production facility so as to spread production run setup costs out over more models/styles and more branded pairs sold C. Striving to keep expenditures for search engine advertising and branded advertising to amounts that are below the industry-average in each region D. Producing branded footwear with an S/Q rating that is 1 to 2.5 stars below the regional averages (the company's regional S/Q ratings could be even lower if competition permits and/or if several rivals have S/Q ratings further below these averages) E. Building and operating production facilities in all four geographic regions so as to minimize or completely eliminate shipments of newly-manufactured pairs to distribution centers in a different geographic region
Paying manufacturing personnel is the simplest and only way for a business to acquire labor rates per pair produced that are below the enterprise average.
What are a corporation's key benefits?By creating a corporation, you can: Protect your assets. The fact that owners of businesses often have llcs and are not held personally liable for commercial debts is one of their key advantages. This implies that your home or vehicle cannot be used as collateral to satisfy business debts.
What qualities make a company?An organization called a corporation is one whose shareholders choose a board of managers to manage its operations. The corporation is responsible for the business's operations and financial condition.
To know more about corporation visit:
https://brainly.com/question/14656092
#SPJ1
Which of the following best represents the effects of a decrease in the price of tomato juice, other things being equal?
a. a downward movement along the demand curve for tomato juice
b. a rightward shift in the demand curve for tomato juice
c. an upward movement along the demand curve for tomato juice
d. a leftward shift in the demand curve for tomato juice
The benefits of a decrease in the price of tomato juice are best captured by the downward movement along the demand curve, other things being equal.
What is meant by demand curve?The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the amount demanded over a specific time period. A common representation will have the price on the left-hand vertical axis and the amount needed on the right-hand horizontal axis. The functional connection between the price of a commodity and its demand is explained by the law of demand. The demand curve is the most significant illustration of this relationship. This curve is usually downward sloping because of the inverse relationship between price and demand.Because people purchase more goods at cheaper prices, the demand curve slopes downward. The decreasing slope of the demand curve results from the inverse relationship between price and quantity desired.Therefore, the correct option is a) a downward movement along the demand curve for tomato juice
To learn more about demand curve, refer to:
https://brainly.com/question/1139186
#SPJ1
common methods used by bond issuers to induce bond holders to convert their bonds to common stock are (select all that apply.)
Answer:
Explanation:
Common methods used by bond issuers to induce bond holders to convert their bonds to common stock are (Select all that apply.)
Multiple select question.
Answers are:
favorable conversion ratios
additional cash
stock warrants
fill in the blank. all the following are the determinants of demand except___. multiple choice question. consumer expectations consumer tastes consumers' incomes the prices of related goods price of substitutes in production
All of them are the determinants of the demand except is "price of substitutes in production."
What is production?Production refers to the process of creating goods or services using various resources like labor, capital, and raw materials. It involves the transformation of inputs into outputs, which can be tangible or intangible, and can be used for consumption or further production. The production process can be divided into three stages: input, transformation, and output. In the input stage, raw materials and other resources are gathered and prepared for use. In the transformation stage, these inputs are transformed into finished goods or services. In the output stage, the finished products are distributed to customers. Efficient production is essential for economic growth, as it creates jobs, generates income, and increases the availability of goods and services. Production can take place in various sectors, such as agriculture, manufacturing, construction, and services.
To learn more about production, visit:
https://brainly.com/question/28625142
#SPJ1
3. Discuss how a new brand/product/service manufacturer would go about defining their market segments and then begin to target them.
When introducing a new brand, product, or service, it is essential to define the target market segments that are most likely to be interested in and benefit from what you offer. Here are the steps a new brand/product/service manufacturer could take to define their market segments and begin to target them:
Conduct market research: The first step is to conduct thorough market research to understand the needs, wants, and preferences of potential customers. This research can involve surveys, focus groups, and interviews to gather insights on customer behavior, preferences, and buying patterns. This data can help in identifying potential customer groups, their demographics, and psychographics.
Analyze customer data: Analyzing customer data such as purchase history, customer profiles, and feedback can provide valuable information about the type of customers who are most interested in the product or service. This information can help in understanding their behavior and preferences.
Identify potential segments: Based on the research and data analysis, the manufacturer can identify potential market segments with similar characteristics, preferences, and behaviors. These segments can be based on demographics (age, gender, income, etc.), psychographics (lifestyle, values, attitudes, etc.), or both.
Evaluate the segments: The manufacturer can then evaluate each segment's potential by analyzing its size, growth rate, and profitability. This analysis can help to prioritize the segments to focus on.
Develop a positioning strategy: Based on the segments' needs and preferences, the manufacturer can develop a positioning strategy that communicates the product or service's unique benefits and value proposition to each segment.
Develop a marketing mix: The manufacturer can then develop a marketing mix that includes product features, pricing, promotion, and distribution that caters to each segment's needs and preferences.
Monitor and adjust: Finally, the manufacturer should regularly monitor the market and adjust their targeting and positioning strategies based on changing customer needs and preferences.
It is important to note that the manufacturer should not limit themselves to one segment only. They should also consider other segments that might be interested in their product or service. However, they should prioritize their marketing efforts based on the most profitable segments.
which of the following could cause the economy's as curve to shift upward (or left) in the short run?
Several factors can cause the economy's aggregate supply (AS) curve to shift upward (or left) in the short run, including ; Increase in input prices, Reduction in technology, Reduction in labor, force Increase in taxes and Decrease in government spending
What are the rates of labor force participation?The percentage of the population who are working age is calculated by dividing the labor force by the total number of people who are of working age. Those who are working age range in age from 15 to 64.
This data is age-specific and presented as a percentage of each age group. The participation rate is the proportion of the population that either has a job or is actively seeking one. so as to calculate the proportion of adults who are either working or actively looking for employment.
To know more about labor force visit:
brainly.com/question/28345095
#SPJ1
