At the wholesale club, one can buy toothpaste at a lower unit price if one buys six tubes of toothpaste at once. This is an example of imperfect price discrimination, which increases producer surplus.
In the field of business, price discrimination can be described as a value or cost of a product that is changed by the producer based on his terms or understandings. An imperfect price discrimination can occur if a producer lowers the price of a product on the condition that the consumer buys more or a fixed number of product rather than purchasing just one.
A producer surplus can be described as the profit that is gained by the producer after selling a product. If through imperfect price discrimination, more products are sold, then the producer surplus will increase.
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Click this link to view O*NET’s Tasks section for General and Operations Managers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by General and Operations Managers? Check all that apply.
filing paperwork and entering data into computers
researching, purchasing, installing, and maintaining computers and office technology
reviewing financial statements, sales and activities reports, and other data
overseeing activities related to making products or providing services
managing staff, preparing work schedules, and assigning duties
directing and coordinating activities of businesses or departments
Answer:
C). Reviewing financial statements, sales, and activities reports, and other data
D). Overseeing activities related to making products or providing services .
E). Managing staff, preparing work schedules, and assigning duties
F). Directing and coordinating activities of businesses or departments.
Explanation:
The general and operations managers are responsible for managing the use of resources in the organization and supervising the budget and finances. He/she assesses the financial statements associated with sales, activity reports, and other data related to the projects going on. He/she also looks after the activities associated with making products or dispensing services, preparation of work schedules, managing the staff, assigning responsibilities to them, and directing the staff appropriately to ensure coordination among various activities that are going on at different levels and departments which helps in collectively bringing out the desired output for the organization. Thus, options C, D, E, and F are the correct answers.
Answer:
3,4,5 and 6
Explanation:
3. reviewing financial statements, sales and activities reports, and other data
4. overseeing activities related to making products or providing services
5. managing staff, preparing work schedules, and assigning duties
6. directing and coordinating activities of businesses or departments
Done on Edg Jan.2021
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
What are hard skills?
A. Skills that you can learn in school, on the job, or through a
certification program
B. Skills that require a Masters degree
C. Skills that are always difficult to obtain
O
D. Skills that only employees at a higher level possess
Answer:
A. Skills that you can learn in school, on the job, or through a certification program.
Explanation:
Just took the test.
Skills that you can learn in school, on the job, or through a certification program are called the hard skills. Thus, option (a) is correct.
What is skills?The term skills refer to the person ability and talent that comes to the master own her work. There are the different types of the skills such as communication skills, computer skills and graphic skills. A person is the expert to the particular field are they easily faced the problems and the efficiently performing the work.
According to the skills are the necessary to the person because it's the help to the developed of the knowledge and the experiences. There are the skills are the different types such as technical, computer, reading, listening and the other communication skills. A person is the learns the skills to the school, college, and the job. The certificate course and Diploma in the particular field.
Therefore, option (a) is correct.
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Gradual shifting of a time series to relatively higher or lower values over a long period of time is called
a. periodicity.
b. cycles.
c. seasonality.
d. trend.
Gradual shifting of a time series to relatively higher or lower values over a long period of time is called a trend. (option d)
A trend in a time series is a long-term movement or tendency in the data, representing a gradual shifting of values to relatively higher or lower levels over an extended period of time. Trends can be positive, indicating an upward movement in the data, or negative, indicating a downward movement.
Trends can arise due to a variety of factors, such as changes in population demographics, technological advancements, economic conditions, and government policies. Identifying and analyzing trends in a time series can be useful for predicting future values, understanding underlying drivers of the data, and making informed decisions.
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allows resources to be distributed based on job qualifications. is responsibilty of?
The responsibility of distributing resources based on job qualifications typically falls on the shoulders of human resources (HR) departments or managers within a company.
This is because HR is responsible for managing the workforce and ensuring that the right people are in the right positions. They are typically tasked with identifying the skills, knowledge, and experience required for each job, and then assessing candidates to determine if they meet those qualifications.
This process ensures that resources are distributed fairly and efficiently, and that employees are placed in roles that they are well-suited for. By carefully matching candidates to jobs based on their qualifications, companies can improve their overall productivity and performance, while also reducing turnover and other HR-related costs.
In short, ensuring that resources are distributed based on job qualifications is a critical function of HR, and is essential for the long-term success of any organization.
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which would an economist consider a likely substitute for coffee?a. waterb. donutsc. tead. chicken
The answer is option c. tea, an economist would consider tea as a likely substitute for coffee.
What does economic substitution look like?In other words, if the price of one thing rises, so does the demand for the other. For instance, coffee can be used in place of tea, and solar energy can be used in place of electricity. Demand for tea also increases when the price of coffee does, and vice versa.
What do economists mean by "perfect substitutes"?A perfect substitute is a good or service that, regardless of the business that provides it, customers view as being exactly the same no matter which business provides it. The business from whom a buyer purchases a good is irrelevant to them. Standardized goods are excellent replacements.
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You have a credit card account with a previous balance of $635. You added two additional purchases for $75 and $50 during this billing period. You made a payment of $150. Your APR is 16.5%. Using the previous balance method, what is your new balance?
By using the adjusted balance method, your new credit card balance will be $618.39.
What is the Adjusted Balance Method?The adjusted balance method calculates your finance charge by subtracting any payments and credits made during the current billing cycle from the previous balance at the end of the previous billing cycle.
Calculations:
Previous balance = $635
Additional purchases = $125 ($75 + $50)
Payment = $150
APR = 16.5%
Computation of Finance charge:
= ($635 - $150 - $125) x 16.5%/12
= $8.39
Computation of Adjusted balance:
= ($635 - $150 + $125 + $8.39
= $618.39
Therefore, by using the adjusted balance method, the new balance on the credit card is $618.39.
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which of the following challenges facing hr is related to technology becoming more prevalent in many previously unskilled environments? a. shifts in industries/retraining b. baby boomer retirements c. decreased employee loyalty d. differing benefits preferences
A. Shifts in industries/retraining is the challenge related to technology becoming more prevalent in many previously unskilled environments.
As technology advances, many unskilled jobs are becoming automated, so employees must be retrained in order to remain employable. This can be a daunting and expensive task for employers, as it may require significant investments in employee training and development for certain industries. Additionally, some employers may have difficulty finding qualified workers to replace those who are retiring or being made redundant due to automation.
This creates a wide range of challenges for human resources departments. They must decide how to best allocate resources towards retraining, and find the most cost effective ways to do so. Companies may need to consider new sources of labour, such as contract workers or offshore staff, in order to remain competitive and meet staffing requirements. Additionally, they must ensure compliance with relevant legislation and regulations, while providing a safe and equitable working environment. Furthermore, they must also consider how to ensure that their retraining initiatives are both effective and cost-efficient. HR departments will also need to ensure a smooth transition for those employees who are being retrained, as well as for those who are entering the workforce for the first time.
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The difficulty associated with technology becoming more prevalent in many previously unskilled environments is shifting in industries and retraining. In this case, option A is correct
Many low-skilled jobs are becoming automated as a result of technological advancements, so workers must retrain in order to stay employable. Due to the potential need for significant investments in employee training and development for some industries, this can be a challenging and costly task for employers. Additionally, some employers might have trouble replacing those who are retiring or losing their jobs as a result of automation with qualified workers.For human resources departments, this poses a variety of difficulties. They must choose how to best allocate funds for retraining and identify the most economical strategies for doing so. Companies might need to think about new labor sources.To learn more about human resources departments click below:
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Four year universities are the only type of school worth attending. True False
Answer:
false
Explanation:
Answer:
false
Explanation:
there are a number of other reliable schooling options
Question 8
It's is almost impossible to buy a house these days without a sizeable down
payment.
True.
False
Answer:
True
Explanation: You need to pay at least 20% down.
macdonald, inc. owns 80% of the outstanding stock of stahl corporation. during the current year, stahl made $125,000 in sales to macdonald. how does this transfer affect the consolidated statement of cash flows?
This is not reported in the consolidated statement of cash flows. Hence does not affect it at all.
What is consolidated cash flow statement?A consolidated cash flow statement combines the cash flows from all majority-owned, legally independent enterprises' financing, investing, and operating activities. As a result, you cannot consolidate general partnerships or sole proprietorships since they lack legal distinction. Because it summarizes all of the firms' cash flows, a consolidated cash flow statement is often thought to be more useful to review than individual cash flow statements. Consolidated cash flow statements must be prepared in accordance with GAAP, just as individual business cash flow statements.
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jesse has the comparative advantage in making sweaters. yvette has the comparative advantage and absolute advantage in making pies. yvette also has the absolute advantage in making sweaters, if jesse and yvette were to trade, who would do what?
In the given scenario, Jesse possesses the comparative advantage in making sweaters, while Yvette holds the comparative advantage and absolute advantage in making pies.
Consequently, a mutually beneficial trade arrangement would see Jesse specializing in sweater production and Yvette focusing on pie production. Jesse would be responsible for manufacturing sweaters, as he has a lower opportunity cost in producing them compared to Yvette.
Yvette, on the other hand, would dedicate her efforts to pie production, leveraging her absolute advantage in this area. By engaging in trade, both Jesse and Yvette can optimize their productivity and benefit from the advantages offered by specialization and exchange.
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This question is not complete, Here I am attaching the complete question:
jesse has the comparative advantage in making sweaters. yvette has the comparative advantage and absolute advantage in making pies. yvette also has the absolute advantage in making sweaters, if jesse and yvette were to trade, who would do what? Explain.
SRI Consulting Business Intelligence divides consumers into three groups based on their attitudes toward luxury. Which phrase is used by marketers to describe consumers who use their money to buy things that will last and have enduring value?
The phrase used by marketers to describe consumers who use their money to buy things that will last and have enduring value is "value-oriented consumers."
The phrase used by marketers to describe consumers who use their money to buy things that will last and have enduring value is "Quality Seekers." SRI Consulting Business Intelligence categorizes consumers into three groups based on their attitudes toward luxury, and Quality Seekers represent one of these groups. These consumers prioritize durability, longevity, and the intrinsic value of products they purchase. They seek high-quality items that offer longevity and often prioritize craftsmanship, functionality, and timeless appeal.
Quality Seekers are willing to invest in products that are built to last, valuing enduring value over short-term trends or disposable goods. Marketers often target this segment by emphasizing the longevity, durability, and superior craftsmanship of their offerings to resonate with these discerning consumers.
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Which accounting concept is used in each of the following accounting treatment?
The cost of a tape dispenser has been charged to an expense account, although in fact it could still be in use in ten years’ time.
A sole proprietor has sold his private house, but has not recorded anything about it in the business records.
A debt has been written off as a bad debt even though there is still a chance that the debtor eventually may be able to pay it.
A machine has been bought for an exceedingly low figure,and it has been entered in the asset account at that figure even though it is worth more.
A motor van broke down in December , 2017. The repair bill for it was not until 2018 yet it has been treated as a 2017 expense.
The accounting concepts that provide guidance for recording the following business events are as follows. The business transactions are numbered from (a) to (e) below:
1) Materiality Concept is applied because the impact of the cost of the tape dispenser being "expensed" is not significant on the reader of the financial statement.
2) Entity Concept requires separation between the finances of the owner from the finances of the business. The business is a separate economic unit distinct from the sole proprietor.
3) Prudence Concept demands that expenses (like the bad debt written off) and liabilities are not underestimated and revenues and assets should not be overestimated.
4) Historical Cost Concept: Generally accepted accounting principles require the initial recognition of an asset at its purchase cost and not fair value.
5) Accrual Concept and Matching Principle: The accrual concept requires that expenses that have been incurred for a period should be accounted for in that period, whether cash payment is made or not. The matching principle states that expenses (Van Repair Expense) should be matched to the revenue that they generate.
Thus, accounting concepts are the basic assumptions, rule, and principles for recording business transactions and events and preparing accounts and financial statements.
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For Tesla, the Model S represents a
(BCG) market growth/market share matrix.
on the Boston Consulting Group
The answer is "star" and its further explanation can be defined as follows:
The Tesla Model S is pleasant during the day, but fitness and finish are something to want. When heading for just a quick ring all-around city or heading off to the other side, Model S 2020 is full of space and luxury. It is a quality rating of 7 out of 10.The Tesla Model S is the top U.S. car with an overall score of 70 in the ultra-luxury car category. The top-range model S is 373 miles long and has one of today's largest ranges. For Tesla, Model S is a star in the growth/market share matrix of the Boston Consulting Group. The hunting for a high-quality premium car, Tesla Model S.Its overall design is maybe 10-years old, but the type S still sets a baseline for all EVs, and it has an unmatched driving range. The Model S is rather costly at $80,000 on the other hand.That's why the correct answer is "star".
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HELP ASAP PLEASE
The CPI is calculated by comparing
the spending levels at the beginning of
each year to the end of each year. In
this way, the calculation is similar to
what?
A. Unemployment
B. Inflation
C. Circular Flow Model
Answer:inflation
Explanation:
When would job-order costing be used instead of process costing?
A job order gadget is utilized by very precise kind of businesses for costing be used instead of process costing.
Those corporations do no longer manufacture trendy products and stock them to promote to clients.
as a substitute they take orders. which means that the product is custom constructed as in keeping with the necessities of the clients. This makes job order costing hard considering the fact that in a employer that manufactures preferred products, the production can be recognized in advance and overheads may be allocated amongst merchandise. however in case of job order costing , determining what the overheads might be for the following accounting period is extraordinarily subjective and at risk of errors.corporations that comply with job order costing can't determine the exact quantity of expenses that they may incur. some of their overheads can be general and required to run the commercial enterprise while a few others may be depending on the job being performed. companies that carry out these jobs can not realize the precise costs before the process is truely finished.one of the most important problems in job order costing is the mismatch among when the citation is made and whilst the fees absolutely come to be known. costs want to be quoted earlier than beginning manufacturing. but, the prices are recognized simplest after the activity is completed.job order costing have to be used, while the manufacturing is done on particular orders.
as an example, an plane production organization or a deliver production business enterprise will make the plane or deliver best in opposition to a selected order from the client. For that particular order, the costing is accomplished below job-order costing.
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On January 1, 2022, the ledger of Blossom Company contained these liability accounts. Accounts Payable $44,800 Sales Taxes Payable 8,900 Unearned Service Revenue 21.300 During January, the following selected transactions occurred. Jan. 1 Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%, $18,000 note. 5 Sold merchandise for cash totaling $6,466, which includes 6% sales taxes. 12 Performed services for customers who had made advance payments of $13,800. (Credit Service Revenue.) 14 Paid state treasurer's department for sales taxes collected in December 2021, $8,900. 20 Sold 730 units of a new product on credit at $45 per unit, plus 6% sales tax During January, the company's employees earned wages of $56.000. Withholdings related to these wages were $4,284 for Social Security (FICA), $5,593 for federal income tax, and $1.678 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Assume that wages earned during January will be paid during February. No entry had been recorded for wages or payroll tax expense as of January 31. Date Account Titles and Explanation Jan. 31 Jan. 31 (To record the interest on outstanding notes payable). (To record payroll and withholding taxes) (To record employer's payroll taxes) Jan. 31 eTextbook and Media Debit Credit
In the given case study of Blossom Company, we have to record the journal entries in the books of accounts on January 31, 2022, Payroll Tax Expense is $9,652.
Interest Expense 300
Interest Payable 300(To record the interest on outstanding notes payable)
Calculation of Interest = ($18,000 * 5% * 1/12) = $75.
Therefore, interest expense = $75 * 4 = $300.
Jan. 31 Salaries and Wages Expense 56,000
Federal Income Tax Payable 5,593
State Income Tax Payable 1,678
Social Security and Medicare Tax Payable 4,284
Cash 44,445(To record payroll and withholding taxes)
Calculation of Net Pay = $56,000 - $5,593 - $1,678 - $4,284
= $44,445.
Jan. 31 Payroll Tax Expense 9,652
Social Security and Medicare Tax Payable 4,284
Federal Unemployment Tax Payable 48
State Unemployment Tax Payable 3206 (To record employer's payroll taxes)
Calculation of Payroll Tax Expense = $56,000 * (6.2% + 1.45%) = $4,501.20.
= $4,501.20 * 2.145
=$9,652.
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One month into a three-month lead generation campaign, it becomes clear your current plan to reach your goal of ten marketing qualified leads (MQLs) goal does not look feasible. What option will you present during next week’s meeting with your CEO?
Answer:
Explanation:
Using last months data adjust the goals so that they better meet the standards and feasibility aspect for the campaign period. This way the campaign will stand a much better chance of actually accomplishing the goals that have been set forth. By presenting this new plan to the CEO it shows that you have come up with a solution to the problem and can be easily implemented in order to get back on track as fast as possible, which is what a CEO wants to hear.
How do I quit my job as cashier already wrote resignation letter
textronics, inc. manufactures and sells its computer chips in six countries. it employs over 8,000 people worldwide. which organizational structure makes the most sense for textronics, inc.?
Decentralized organizational structure makes the most sense for Textronics, inc.
The best organizational structure for Textronics, Inc. will depend on various factors, including its strategic goals, the nature of its business, and the industry in which it operates. However, given that it operates in six countries and has over 8,000 employees worldwide, a decentralized organizational structure may make the most sense.
In a decentralized structure, the company's operations are divided into smaller units or departments, each with its own functional area and management team. This structure enables Textronics to delegate decision-making authority to local teams, allowing them to respond quickly to the specific needs of their regions.
However, Textronics would need to establish strong communication channels and clear guidelines to ensure that all units are aligned with the company's overall strategy and goals. Additionally, the company would need to invest in technology and infrastructure to ensure that its teams can collaborate effectively across different locations.
Overall, a decentralized organizational structure can offer Textronics the flexibility and agility needed to succeed in a global market, but it would require careful planning and implementation to ensure its success.
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when an organization contracts work out to a 3rd party, it is referred as ___________.
Outsourcing is the practice of an organization contracting work to a third party.
Outsourcing involves the delegation of specific tasks, processes, or functions to an external entity, often with the aim of reducing costs, accessing specialized expertise, improving efficiency, or focusing on core business activities. This third-party entity, also known as a vendor or service provider, assumes responsibility for carrying out the contracted work on behalf of the organization.
Outsourcing can take various forms, such as information technology outsourcing (ITO), business process outsourcing (BPO), knowledge process outsourcing (KPO), or manufacturing outsourcing. Organizations may outsource a wide range of functions, including customer support, software development, human resources, accounting, logistics, and manufacturing, among others.
By outsourcing certain tasks or processes, organizations can benefit from the expertise and resources of external entities, potentially gaining cost advantages, operational efficiencies, and flexibility in scaling their operations.
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what is Revenue ???
Answer:
Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Revenue, also known as gross sales, is often referred to as the "top line" because it sits at the top of the income statement. Income, or net income, is a company's total earnings or profit.
Explanation:
Not my answer
Answer:
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Revenue is the money generated from normal business operations, calculated as the average sales price times the number of units sold.
A pleasant smile, eye contact, and a firm handshake are examples of _____.
A.crafting a logical argument
B.probingdone
C.nonverbal communication
D.consultative selling
Answer:
Nonverbal Communication
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Which of the following scenarios describes an error in netiquette? (5 points)
Ahmed keeps his email and text exchanges with his coworkers professional, even though he likes to use off color humor at times with friends.
Jamie writes an email to his colleagues and before sending takes an extra fifteen minutes to carefully proof spelling and grammar.
Marina allows herself to be more honest and straightforward in her written correspondence than she would in her face-to-face interactions.
Shonda receives an email from a colleague complaining about one of their coworkers and deletes it promptly without sharing it with others.
The scenarios that describes an error in netiquette is option D. Shonda receives an e.mail from a colleague complaining about one of their co- workers and deletes it promptly without sharing it with others. Netiquette is a set of informal rules for good behavior and politeness followed by users of online such as the Internet, email.
Netiquette is gotten from the word "etiquette," which means the general rules or conventions of correct and polite behaviour in social settings and situations. It is therefore the act of exercising polite and considerate behaviour in online contexts, such as Internet discussion boards and personal email.
What is politeness?Politeness is the practical application of good manners or etiquette so as not to offend others. Politeness is a culturally defined phenomenon, and therefore what is considered polite in one culture can sometimes be quite rude or simply eccentric in another cultural context.
Therefore, the correct answer is as given above
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I have $3,000 in credit card debt. If I can pay $150.00 a month, how long will it take to pay it off? My current interest rate is 18%. Remember to include your inputs and round 2 decimal points like we did in module 2.
Answer:
2 years
Explanation:
Rate = rate per period = 18%/12 = 1.5%
PV = 3,000
PMT = 150
Number of a payment period = NPER(Rate, PMT, -PV, FV)
Number of a payment period = NPER(18%/12, 150, -3000)
Number of a payment period = 23.96 months
Time to payoff loan = 23.96/12
Time to payoff loan = 1.99667
Time to payoff loan = 2 years
CORRECT ANSWERS ONLY!
1:After your first two years of college, you earn your master’s degree.
False
True
2:An MBA should only appeal to people who want to run a business.
True
False
3:You only need to get a minor if you think you will want to make a career change later in life.
False
True
4:There are two different kinds of bachelor's degrees, a Bachelor of Science and a Bachelor of Arts.
True
False
Answer:
1. False
2. True
3. False
4. False
Explanation:
1. Associate degree
2. A masters in business administration would be an asset to someone wanting to run a business
3. A minor is a great way to augment skills
4. There is also a bachelors of fine arts
In cell H4, calculate the donation amount by multiplying the Streaming Revenues by the percentage in cell I1, using absolute references as needed
Answer:
=G4*$I$1
Explanation:
Answer:
=Table1[Streaming Revenues]-Table1[Donation]
Explanation:
pronghorn companies considering investing in any annuity contract that will return 52,000 annually at the end of each year for 20 years what event will pronghorn company pay for this investment if the company is a 9% return
The cost of the investment that Pronghorn Company would need to make to receive an annual payment of $52,000 for 20 years with a 9% return is $609,524.
PV = PMT x [(1 - (1 + r)\(^-n)\) / r]
In this case, PMT = $52,000, r = 9%, and n = 20. Plugging these values into the formula, we get:
PV = $52,000 x [(1 - (1 + 0.09)\(^{-20)\) / 0.09]
PV = $52,000 x [(1 - 0.1214) / 0.09]
PV = $52,000 x 11.737
PV = $609,524
Pronghorn, also known as American antelope, is a mammal species native to western North America. They are the fastest land mammal in North America, capable of reaching speeds up to 60 miles per hour. Pronghorns are named for their unique horns, which are made of a bony core covered by a keratin sheath that is shed and regrown each year.
Pronghorns are herbivores and graze on a variety of grasses and shrubs. They have excellent eyesight, which helps them detect predators such as coyotes, wolves, and mountain lions. Pronghorns live in open grasslands, sagebrush flats, and deserts, and are able to survive in harsh environments where water and food may be scarce. Historically, pronghorns were heavily hunted for their meat and hides, leading to a decline in their population.
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