given your knowledge of organizational plans, which type of plan is described in column b? tactical strategic operational which column best describes the characteristics associated with tactical plans? a b c of the plans described, which type is optional for organizational success? only plans in the b column are necessary only plans in the a column are necessary all three plan types are necessary

The Third Foundation is : Pay cash for a car.

Terms in this set (5)

The Foundations in Personal Finance curriculum is modeled on Ramsey's “Seven Baby Steps.” The “Five Foundations” of the curriculum are the following: The First Foundation: Save a $500 emergency fund. The Second Foundation: Get out of debt. The Third Foundation: Pay cash for a car.

Third Foundation specializes in helping B2B organisations turn their data into its most important sales and marketing asset. The power of AI to improve your sales and marketing outcomes is almost as vast as your imagination will allow.

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If a nation has an absolute advantage in the production of a good, it necessarily has a comparative advantage in the production of the same good. This statement is false.

Two central principles in economics and international economics are absolute advantage and comparative advantage. They have a significant impact on how and why countries and companies allocate resources to the creation of specific commodities and services. Absolute advantage is a circumstance in which one company can create a good more speedily and inexpensively than another nations or rival company. The kinds of goods a nation choose to manufacture can be significantly influenced by its absolute advantage (or disadvantage) in a given industry. A few of the elements that can give an organization an unbeatable advantage include:

1. decreased labor costs

2. availability of a plentiful quantity of (natural) resources

3. a bigger pool of capital readily available

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Grid Corp. purchased part of its own common stock at a price higher than the par value and the initial issue price. c Overall equity will fall and book value per share will fall.

The number of outstanding common shares is multiplied by the book value of a share, which is reduced by the purchase of treasury stock (the denominator is reduced).

Although the cost of acquiring the shares reduces the numerator (book value), the overall effect on the ratio is an increase in book value per share. If the book value is $1,000 and there are 100 common shares, the book value per common share is $10.

If 10 shares were repurchased for $8 (less than the original book value per share), the new book value would be $920 and the reduced number of shares would be 90, resulting in a new book value per common share of $10.22, which is greater than the original book value per share.

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Correct question:

Grid Corp. acquired some of its own common shares at a price greater than both their par value and original issue price, but less than their book value. Grid uses the cost method of accounting for treasury stock. What is the impact of this acquisition on total stockholders' equity and the book value per common share.

 Total stockholders' equity Book value per share

a. Increase                                Increase

b. Increase                               Decrease

c. Decrease                              Increase

d. Decrease                              Decrease

An experiential search for information involves the buyer considering his own or her personal knowledge about a product based on past experiences.

Experiential search refers to the process of using personal experience or past knowledge to evaluate a product or service.

This type of search occurs when the buyer relies on their own previous experience with a product to inform their purchasing decision, rather than seeking out new information through an internal or external search. The buyer may draw upon their memories of using the product, or their knowledge of how the product has performed for them or others in the past.

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You can demonstrate that you are qualified to work in the US for a particular amount of time by presenting an Employment Authorization Document (Form I-766/EAD).

Application for Employment Authorization Form I-765 must be submitted in order to request an EAD. In order to obtain an EAD, you must: Are required to provide proof of their employment authorization because they are eligible to work in the United States due to their immigration status or circumstances (for example, they are asylees, refugees, or U nonimmigrants), or In other words, you must ask for employment authorization in order to get permission to work. Examples include

A Form I-485, Application to Register Permanent Residence or Adjust Status, is now waiting in your name.

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Customer observation, focus groups, interviews, and surveys are the four most popular types of market research procedures.

Examine the rivalry.

receive feedback from customers.

investigate keywords

Learn about shopper trends.

Take advantage of social media.

Try out your offerings.

using interviews, customer surveys, and feedback to perform your own research.

analyzing your own company's performance based on prior sales, returns of goods, and repeat customers.

gathering information about market and industry trends.

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D) Paying the company's share of payroll taxes. Payroll refers to the process of calculating and distributing employee wages, salaries, and other compensation.

This includes withholding the appropriate amount of taxes from each employee's pay check, as well as other deductions such as health insurance premiums or retirement contributions. However, it is important to note that payroll does not only involve paying the employees. It also involves paying the employer's share of payroll taxes, such as Social Security and Medicare taxes, and federal and state unemployment taxes. These taxes are mandatory contributions that employers must make on behalf of their employees, and failure to do so can result in penalties and legal consequences. Therefore, it is incorrect to say that payroll does not involve paying the company's share of payroll taxes. In fact, it is a crucial aspect of the payroll process, and employers must ensure that they are withholding and paying the appropriate amounts to avoid any legal or financial issues down the line.

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The correct answer is A). primacy effect. An ad for Flora Gardening Supplies opens with a discussion of the paramount effect of lovely and delightful gardens.

A well-known celebrity is seen outlining the features of the most recent smartphone that VenusCell Inc. has released in a television commercial. The celebrity describes the 4G technology, AMOLED touchscreen, SVGA, tri-band, and WAP characteristics of the new smartphone.

An indirect source draws attention to and/or improves the appearance of the advertisement but does not actually convey a message.

You must ensure that the advertisement will still be accurate when the magazine is published because magazines request that you submit your ad far in advance of publication.

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A Payroll is a list of a company's employees who are entitled to many kinds of benefits. This is option C, manufacturing overhead.

Manufacturing overhead (MOH) is the sum of all indirect costs incurred in manufacturing the product. It is added to the cost of the end product along with direct material costs and direct labor costs.

Payroll is the company's employee payment process, which includes recording hours worked, calculating employee wages, and distributing payments through direct deposit into employees' bank accounts or by check.

Payroll System is a program for streamlining and managing employee payments. Manages and automates employee payments, ensuring timely payroll delivery and compliance with local and state regulations. Payroll software allows HR teams to do other tasks like scheduling and budgeting.

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An investment in a business can increase its profitability and growth potential.

By injecting capital into the business, the company can finance new projects, expand operations, invest in new technologies or equipment, and hire additional staff, among other things. These investments can company lead to increased revenue, reduced costs, improved efficiency, and enhanced profitability competitiveness in the market. As a result, the business can generate more profits, attract new customers, retain existing ones, and increase its market share. Additionally, an investment in the business can also increase its value and attract potential investors or buyers, allowing for future opportunities for expansion or acquisition. Overall, investing in a business can be a crucial step towards achieving long-term success and sustainability.

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Topaz would make the following journal entry to document the expenses of the merger and stock issuance associated with the acquisition: Debit: Debit Stock Issue Costs $40,000, Debit Merger Costs $55,000, and Credit Cash $95,000.

Topaz would make the following journal entry to document the expenses of the merger and stock issuance associated with the acquisition:

Debit Merger Expenses totaling $55,000

Expenses of Debit Stock Issue total $40,000

Credit Cash has a $95,000 balance.

The $55,000 and $40,000 charges are being written off since the corporation does not view them as assets; as a result, they will be recorded as expenses in Topaz's books. The entire cost spent by Topaz in connection with the purchase of Opal common shares is $95,000, which is deposited to the Cash account. This entry represents the decrease in the cash balance brought on by the acquisition-related costs.

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SQL databases have several characteristics which guarantee the confidentiality of data in the database, such as synchronization, consistency, separation, and durability (ACID).

SQL databases have a number of properties that assist in guaranteeing the accuracy of the information stored in them. ACID (Ability to accomplish, Continuity, Isolation, and Durability) compliance ensures that transactions are handled reliably, and integrity ensures that interactions between tables have been retained by preventing parentless or null and void data from becoming stored inside the database. Restrictions, triggers, and data structures are some other properties that can be used to impose business requirements and prevent inconsistencies.

Dbmss are widely used in a variety of applications, including ERP, CRM, and OLTP systems. They are built to handle large amounts of data effectively and to provide fast, dependable data access. Database systems are also extremely scalable.

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$600 is Alomar Corporation's estimated annual cost of consumables.  The amount of shipping costs that the company recognizes for the year is $600.

Expenses incurred but not yet consumed are called late charges. Acquisition costs are recognized as an asset until the underlying goods or services are used. At that moment it owes effort.

Rent office space. start-up cost. advertising expenses. Premiums are paid in advance.

Particulars                                          Amount ($)

Beginning prepaid expense                   1,000

Add: Purchased                                         700

Less: Closing prepaid expense             (1,100)

Amount of supplies expense                  600

Therefore, the amount of shipping costs that the company recognizes for the year is $600.

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Complete question:

Alomar Corporation had a balance of $1,000 in Prepaid Supplies at the beginning of the year. The company purchased $700 of supplies during the year. At year end, Prepaid Supplies had a balance of $1,100. What is the amount of Supplies Expense that Alomar Corporation will recognize for the year?a. $600b. $700c. $800d. $1,100

A company is a legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise.

A company is a legal body created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate legislation of its jurisdiction, a corporation may be set up in a variety of ways for tax and financial liability reasons.

A corporate structure that is distinct from its owners legally is a company. Due to additional reporting requirements as well as higher-level legal obligations, the business structure is more complex and has greater setup and administrative costs.

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Dynamic pricing, sometimes known as real-time pricing, is a highly adaptable method of determining how much a good or service will cost.

With dynamic pricing, a business that conducts online sales of products or services can quickly change prices in response to consumer demand. Pricing strategy based on rivalry. Pricing that is based on competition is sometimes referred to as competitive pricing or competitor-based pricing. This approach to pricing ignores factors like product cost or customer demand in favor of the going rate for a company's good or service. Dynamic pricing, sometimes referred to as surge pricing, demand pricing, or time-based pricing, is a business approach where companies modify the prices of their products to take shifting demand into consideration.

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The single-step income statement and the multiple-step income statement for the same company for the same year will result in different net income figures.

This is a false statement.

A multi step income statement is a company's financial statement that is presented in a fashion that shows revenues, costs, and expenses for a certain reporting period. For calculating a company's net income, it employs a number of equations and offers a more thorough explanation of expenses than a single-step income statement.

Multiple-step income statements with segregated breakdowns enable for more in-depth study of margins and more accurate portrayals of the costs of goods sold. By describing how the gross, operational, and net margins compare, such specificity gives stakeholders a more in-depth understanding of how a company conducts business.

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D) In a bilateral contract the consideration for each promise is A return promise.

A bilateral contract is an agreement wherein both parties pledge to keep their ends of the bargain in tact. Although it is not always the case, bilateral contracts usually call for an equal commitment or payment from the offeror and the offeree.

A bilateral contract may be a so-called "side deal" in more complicated circumstances, such multilateral trade negotiations. In other words, both parties are involved in the overall negotiations but may also decide that a unique contract tailored to their shared interests is necessary.

The most typical form of legally binding arrangement is the bilateral contract. Each party is both an obligee (a person to whom another is compelled or bound) and an obligor (a person to whom another is bound) on the promises of the other party. A contract is signed in order to make the agreement transparent and enforceable in court.

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The price of roses increased in the days leading up to valentine’s day because demand increased. Option A.

Demand in economics refers to a consumer's willingness to pay a particular price for products and services as well as their desire to buy them. Demand for a product or service typically declines when its price goes up. The quantity requested will rise when a product's price drops, in a similar manner.

Consumers and businesses are very acquainted with the idea of demand because it makes sense and happens naturally throughout the course of almost any day. For instance, when a product's price is low, shoppers who are keeping an eye on it will purchase more of it.

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False. It's never a good idea to have many bank accounts since it makes managing your finances more difficult.

Money management, often known as investment management, is the act of keeping track of expenditures, investing, budgeting, banking, and determining tax obligations. Budgeting, spending, saving, and investing are all parts of personal finance money management.

Budgeting, investing, saving, and creating financial objectives are all examples of financial management. Four bank accounts are recommended by some experts: two for checking and two for savings. One bank account will be used for bill payments, and the other for spending money. Your emergency money will go in one savings account, and other savings will go toward other purposes.

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An American textile company called ABC Fabrics imports fabric from France for use in clothing production in India.

The correct option is A.

Globalisation is a process that makes it simple for people and products to go beyond national boundaries. The interconnection of markets, commerce, and investments with minimal impediments to hinder the flow of goods and services across nations is primarily an economic notion.

Secondly, globalisation makes it simpler for nations to obtain information from other cultures. Second, it boosts incentives for businesses to develop and acquire foreign technology by enhancing international competitiveness, notably as a result of the emergence of emerging market corporations.

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The advantages and disadvantages of partnerships and franchises include lower responsibility, ease of starting a business, and the potential for profit, yet at least one partner has limitless liability.

A partnership is a sort of business where two or more people sign a legal agreement to share ownership, split management responsibilities, and split the organization's revenues and losses.A partnership is a contract between a few people to oversee a company's operations and allocate its assets and liabilities. Assets and liabilities are distributed equally across all partners in a partnership agreement corporation. Limited liability partnerships are regularly formed by lawyers and other professionals. Limited liability partnerships (LLPs) are a popular business structure for experts like accountants, lawyers, and architects.

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The three golden standards for conducting business across cultural boundaries are: Be prepared, Etiquette matter, and Don't put too much faith in others.

There are three general guidelines for conducting business across cultural boundaries: Be ready: It's crucial to conduct study and investigate the past, traditions, and commercial conventions of the nation you will be doing commerce with. Good manners are crucial: Respecting the traditions and customs of the nation you are dealing with can go a bit of a way towards fostering trust and creating fruitful connections. Be accessible and respectful, but guard your own interest and resist the urge to put too much faith in others, especially when you are in unfamiliar circumstances. So, the appropriate responses are: Be ready, manners matter, and don't put too much reliance in people.

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Change management is a regular approach to managing the transition or transformation of an association's pretensions, processes, or technologies. It's option A, true.

Change management is a cooperative term for all approaches to preparing, abetting and supporting individualities, groups and associations to bring about organizational change.

The thing of change operation is to apply strategies for introducing change, controlling change, and helping people adapt to change. When administering new software or processes, pay attention to the important rudiments of change operation.

Change operation provides lower control over the entire process, a process that generally supports a precious performance plan and investment.

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Taxes are the main source of income for utmost governments. Smith argued that taxes should be proportionate with the benefits a person derives from life in society.

Adam Smith argued that taxation should follow four principles fairness, certainty, convenience, and effectiveness. The fairness of this taxation must be harmonious with the situation of taxpayers, including their capability to pay according to their particular and family requirements.

A tax is a obligatory fiscal charge or other type of tax assessed on a taxpayer by a governmental association to fund government and colorful public expenditures, and duty compliance refers to individual programs and actions to insure taxpayers get the right duty Pay duty at the right time and give applicable duty credits and relief.

Smith argued that levies should correspond to the benefits that a person derives from his or her life in society. Income situations and sources of income similar as rent, benefits and hires should be proportional.

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Lex, the nature of its operations, and its financial statements. In order to determine the total amount of costs incurred by Lex that should be charged to operations, it would be necessary to review Lex's income statement, balance sheet.

And other financial documents, as well as to understand the context and nature of its business operations. Without this information, it is impossible to provide a meaningful answer to your question.

An income statement frequently covers the following time frames: The year 2022 concluded on December 31. The year 2022 concluded on June 30. The nine-month period concluded September 30, 2022.

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FALSE: Rates of departmental overhead in circumstances where a corporation has a variety of products including complex overhead costs, overhead costs should be appropriately assigned is a incorrect statement.

Rent, electricity, business permits, accounting fees, advertising charges, and payroll are all examples of overhead costs.

While direct expenses, such those for raw materials or manufacturing supplies, are directly tied to the good or service you offer, these prices are typically predictable and continuous.

For the stated question-

Thus, rates of departmental overhead in circumstances where a corporation has a variety of products including complex overhead costs, overhead costs should be appropriately assigned is a incorrect statement.

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Option B is correct. Project managers need to understand their organization's mission and strategy so they can make appropriate decisions and adjustments and be effective project advocates.

Project management lies at the core of most day-to-day tasks. Project chiefs are liable for coordinating groups, creating group designs and working with project execution to accomplish an organization's objectives. A project manager's job relies upon the association and its industry. A project manager's essential obligation is association. Assuming a venture is relegated to a director, it by and large includes numerous components that should get sorted out. Regardless of whether various divisions in a business share liability in finishing an undertaking, the project manager is liable for guaranteeing every office plan works appropriately and matches up with the others to dependably finish the task. In this manner, project supervisors should keep each errand on target and imagine the undertaking, all in all, to guarantee it meets up appropriately. Remaining on a financial plan and complying with each time constraint are two similarly significant undertaking administrator obligations.

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The option that best illustrates an insolvent situation is option D) assets $40,000; liabilities $85,000.

Insolvency occurs when a person or entity's liabilities exceed its assets, meaning that they are unable to pay its debts as they become due.

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The correct option is D, production of tires is most likely to be outsourced by an automotive company such as Ford Motor Corporation.

A corporation is a legal entity that is separate and distinct from its owners, known as shareholders. It is created under the laws of a particular state or country and has the ability to enter into contracts, borrow money, sue and be sued, and conduct business operations.

The shareholders of a corporation provide capital in exchange for ownership through shares of stock. The corporation is managed by a board of directors who are elected by the shareholders and are responsible for setting policy and making major business decisions. One of the key benefits of incorporating is limited liability. This means that the shareholders are generally not personally liable for the debts and obligations of the corporation.

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A lockout occurs when management temporarily closes a business to deny employment to workers.

Lockouts are a tactic used by management during labor disputes, usually in response to a strike by employees. By locking out employees, management aims to put pressure on the union or employees to come to a settlement and accept the terms offered by the company.

A lockout is different from an involuntary strike, which occurs when workers go on strike without the approval of the union or when a strike is initiated by employees in violation of a no-strike clause in their employment contract. A lockout is a preemptive measure taken by management to prevent employees from working and is usually initiated when negotiations with the union or employees have broken down.

Employment injunctions are court orders that prevent individuals or organizations from engaging in certain activities related to employment. A secondary boycott is a type of boycott in which a union targets a third-party employer or business with the aim of putting pressure on the primary employer with whom they have a dispute.

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