As businesses operate on a global scale, managing globally is becoming increasingly important. Managers must possess both a set of skills and knowledge to be effective in this area.
Managers must have technical skills, such as knowing a foreign language, as well as interpersonal skills, such as the ability to build relationships with others and collaborate with others in a culturally diverse environment. Other essential managerial skills include risk-taking, cultural awareness, ethical decision-making, and strategic thinking.Technical knowledge includes knowledge of business practices and regulations in different countries.
The importance of creating and sustaining relationships with foreign clients, customers, and suppliers cannot be overstated. Cultural sensitivity and the ability to communicate with people from various cultures are also essential.As the world becomes increasingly globalized, companies are expanding into new markets, and it is critical to understand the factors that contribute to successful global management. Technical expertise, cultural awareness, and interpersonal skills are all critical components of a manager's skill set when operating on a global scale.
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What does demand mean
Write a suitable indefinite article before the following words or phrases and write
them again. (Copy the questions)
___heirloom ___astronomer
___ewe ___hotel employee
___honest man ___advocate
___one eyed dog ___awkward moment
___awesome picture ___European tourist
___incompetent employee ___auspicious moment
___humane person ___MLA
___horrible joke ___M. A student
Answer:
An heirloom, An astronomer
A ewe, A hotel employee
An honest man, An advocate
A one-eyed dog, An awkward moment
An awesome picture, A European tourist
An incompetent employee, An auspicious moment
A humane person, An MLA
A horrible joke, An M. A student
Explanation:
'A', 'an' and 'the' are the three articles that are used in English. They are used before nouns to specify them. 'A' and 'an' are indefinite articles and 'the' is the definite article. The indefinite article is used before the nouns which are not known or which are not identified. The definite articles are used before the identified noun. The indefinite article 'a' is used before the nouns that begin with a consonant sound. The indefinite article 'an' is used before the nouns that begin with a vowel sound.
The target cost is __________. ANSWER Unselected reevaluating activities to reduce costs while satisfying customer needs Unselected the amount a customer is willing to pay for a good or service Unselected the maximum cost to develop, produce, and deliver the product or service and earn the desired profit Unselected the minimum cost to develop, produce, and deliver a good or service Unselected I DON'T KNOW YET
Answer:
the maximum cost to develop, produce, and deliver the product or service and earn the desired profit
Explanation:
Target Cost is Selling Price – Profit Margin
Target Cost = Selling Price – Profit Margin
Features of target cost
1. The price at which the good and service is sold is determined by market conditions
2. Cost reduction is the difference between current cost and target cost
Advantages if target cost
1. It ensures that a product being created is profitable
2. Due to the fact that the product is developed in line with consumers wants, it increases the sales of the product
Disadvantage of target costing
1. If cost estimate is wrong, it can lead to failure of the venture
What kind of psychologist would someone who is dealing with the loss of a loved one most likely visit?
Answer:
Counseling psychologist
Explanation:
I just took the test! Good luck :)
A text-based file used by Web sites to obtain information about a user, such as the user's name, the user's password to access the site, and information about how to customize the Web page display.
The text-based file that you are referring to is called a "cookie." Cookies are small pieces of data that are sent from a website to a user's browser, where they are stored on the user's computer.
Cookies are used to help websites remember information about the user, such as their preferences or login information, which can then be used to customize the user's experience on the site.
Cookies are an important tool for website owners, as they can help to improve the user experience by making it easier for users to navigate the site and access the information they need. However, some users may be concerned about their privacy when it comes to cookies, as they can potentially be used to track a user's online activity.
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Social CRM requires that a firm be active on all available social media platforms. Select one: True False.
False. Social CRM (Customer Relationship Management) does not necessarily require a firm to be active on all available social media platforms.
The key principle of Social CRM is to effectively engage with customers and manage relationships using social media channels. While it is important for a firm to have a presence on relevant social media platforms where its target audience is active, it does not mean that the firm must be active on every single platform.
The selection of social media platforms should be based on the firm's target audience demographics, preferences, and industry-specific considerations. It is more important for a firm to focus its efforts on platforms where its target customers are most likely to engage and interact. By understanding the target audience and selecting the appropriate platforms, a firm can allocate its resources effectively and engage in meaningful conversations and relationship-building with customers.
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if nathan is applying for a job in the accounting field, and he is planning to focus on skills such as asset and liability entries, balance sheet preparations, and document audits in headers on his resume; what type of resume should he use?
Reverse Chronological type of resume should he use. The plot is revealed in reverse order using the narrative structure and storytelling technique known as reverse chronology.
This method is used in stories where the opening scene really serves as the resolution of the story. Place your most recent or current position at the top. then proceed with the preceding ones. The reverse-chronology resume sequence operates in this manner. For each position you held, list the dates you held it as well as your job title and the name of the company. List all of your degrees, from college onward, in reverse chronological order, along with the institution they were earned from and the date they were granted.
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Q 1.21: Flex-Mat started the year with total assets of $160,000 and total liabilities of $90,000. During the year, the business recorded $210,000 in revenues, $120,000 in expenses, and dividends of $35,000. Stockholders' equity at the end of the year was
Answer:
$125,000
Explanation:
total assets $160,000 = total liabilities $90,000 + total equity $70,000
income statement:
revenues $210,000
expenses $120,000
net income $90,000
- dividends $35,000
retained earnings $55,000
stockholders' equity at end of the year = $70,000 + $55,000 = $125,000
A restaurant customer complains to the waiter person that their meal has arrived at the table cold. After apologizing to the customer, the waiter person should:
a) remove the meal and reorder immediately
b) reheat the meal immediately
c) tell the customer that other staff are to blame
d) leave the meal on the table and reorder as soon as possible
Answer:a
Explanation:
Cruz company had revenues of 80175 and expenses of 50000 for the year its assets at the beginning of the year were 400000 at the end of the year assets were worth 450000
The return on assets for Cruz Company with a total revenue of $80,175 and total expenses of $50,000, given average assets of $425,000 is 7.1%.
Return on Assets = Net Income/Average Assets x 100
= $30,175/$425,000 x 100
= 7.1%
The return on assets indicates the profitability of Cruz Company relative to its assets. It is expressed as a percentage by dividing the Net Income with the Average Assets, then multiplied by 100.Data and Calculations:
Revenue = $80,175
Expenses = $50,000
Net income = $30,175
Assets:
Beginning balance = $400,000
Ending balance = $450,000
Average assets = $425,000 ($400,000 + $450,000)/2
Thus, the return on assets equals 7.1% for the year.
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A firm is expected to pay a dividend of $2.00 next year and $2.14 the following year. Financial analysts believe the stock will be at their target price of $65.00 in two years. Compute the value of this stock with a required return of 8 percent. Select one:
Based on the dividends and the target price set by financial analysts, the value of the stock will be $57.40.
What is the value of the stock?This can be found as:
= Present value of first dividend + Present value of second dividend + Present value of stock price in 2 years
Solving gives:
= 2 / 1.10 + 2.14/1.10² + 65/1.10²
= $57.40
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5. Groceries are considered what type of an expense?
Answer:
Fixed
Explanation:
Answer:
Necessary expense
Explanation:
You kinda need food to live
what is the distinction between ethics and business ethics?
Answer:
It is not easy to differentiate between ethics and business ethics .
The basic difference between ethics and business ethics is that ethics, in general, comprises all moral values, while business ethics only involve what is related to business.
Business ethics is the study of appropriate business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities.
Business ethics are defined by the behavior standards of management and personnel, and the way in which business is carried out at both a strategic and operational level. A positive approach to maintaining ethical standards can lead to competitive market advantage and an enhanced reputation.
Ethics can also be viewed as “moral principles that govern a person’s behavior or the conducting of an activity; the branch of knowledge that deals with moral principles”
Business ethics are “written and unwritten principles and values that govern decisions and actions within companies”. They can also be defined as a “form of applied ethics or professional ethics that examines the ethical and moral principles and problems that arise in a business environment.” They are further broken down into personal, professional, and corporate ethics.
Ethics is the study of moral principles while business ethics applies these principles to the business world.
Ethics is the study of moral principles or values that govern individual or group behavior. It focuses on distinguishing between right and wrong and making decisions based on ethical principles. Business ethics is a specific branch of ethics that applies moral principles to the business world.
The distinction between ethics and business ethics lies in their scope and application. While ethics encompasses a broader range of moral principles and values that apply to all aspects of life, business ethics specifically focuses on the ethical considerations within the context of business.
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Peed VVheels has insurance on its race car track that covers up to $150,000 in damage with a $7,500 deductible. This means that Speed Wheels must pay the first $7,500 before the msurance coverage begins. The race track is vandalized and incurs $14,200 in damages, How much will the insurance pay toward this damage?
Answer:
Speed Wheels and the Insurance Company
The insurance company will pay Speed Wheels $14,200.
Explanation:
a) Data:
Insurance cover = $150,000
Insurance premium = $7,500
Insurance Claim = $14,200
b) The insurance company is expected to restore the insured, Speed Wheels, to its former position before the damage. It can do this by issuing a check to the value of the claim after some verifications. The insurance company will most likely not reject the claim as the amount of damage suffered is within the insurance coverage.
In Macroland there is $1,000,000 in currency that can either be held by the public as currency or deposited into banks. Banks' desired reserve/deposit ratio is 10%. If the public of Macroland decides to hold more currency, increasing the proportion they hold from 50% to 75%, what will happen to the money supply in Macroland?
A) increase.
B) decrease.
C) remain the same.
D) either increase or decrease.
The increase in the proportion of currency held by the public from 50% to 75% will lead to a decrease in the money supply in Macroland. Option B.
If the public of Macroland decides to hold more currency, increasing the proportion they hold from 50% to 75%, it will lead to a decrease in the money supply in Macroland.
To understand why, let's consider the scenario before and after the change in the proportion of currency held by the public:
Before the change:
Currency held by the public: 50% of $1,000,000 = $500,000
Deposits in banks: 50% of $1,000,000 = $500,000
After the change:
Currency held by the public: 75% of $1,000,000 = $750,000
Deposits in banks: 25% of $1,000,000 = $250,000
The desired reserve/deposit ratio of banks is given as 10%. This means that banks are required to hold 10% of the deposits as reserves and can lend out the remaining 90%. Considering this ratio, the changes in the money supply are as follows:
Before the change:
Reserves in banks: 10% of $500,000 = $50,000
Loans made by banks: 90% of $500,000 = $450,000
After the change:
Reserves in banks: 10% of $250,000 = $25,000
Loans made by banks: 90% of $250,000 = $225,000
As we can see, the total money supply in Macroland decreased from $1,000,000 to $975,000 ($750,000 in currency held by the public + $225,000 in loans made by banks). Therefore, the correct answer is B) decrease.
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#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
What action can you take to provide the most help to a team that has worked together for more than a year and is familiar with the project work
Answer: Aim should be reemphasized regularly, deadlines set and there should be a reward system.
Explanation:
Over familiarity breeds negligence or lost of steam or enthusiasm in a project. They are things that should be put into place to avoid being to familiar with projects and sleep on them;
- The aim and objective for which the was started should be reemphasized daily or weekly, this would help the team have it in mind that they would need to be on their best
- Deadline should be sets for smaller aspect of the project. The project should be split into phase and deadlines set to meet up each phase
- There should be a reward system. This strengthens the team to do more and make the team know that their value and input is well appreciated
You are preparing your hospital staffing plan for the upcoming flu season. You have access to the CDC's Flu Weekly updates but need to better understand how the flu season has impacted your hospital in the past. What analysis will you ask your epidemiologist to conduct so that you will be able to prepare a more accurate staffing plan for the upcoming flu season? Organize your request in an email format. Make sure to list specific epidemiologic data and information (understand the data type and data processing)you need to make your decisions.
I ask my epidemiologist to conduct the historical data so that you will be able to prepare a more accurate staffing plan for the upcoming flu season.
Subject: Request for Epidemiological Analysis for Hospital Staffing Plan.
Dear [Epidemiologist's Name],
I hope this email finds you well. As we prepare for the upcoming flu season, I am reaching out to request your assistance in conducting an epidemiological analysis to better understand how the flu season has impacted our hospital in the past. This analysis will enable us to develop a more accurate staffing plan and ensure we are adequately prepared for the potential increase in patient admissions.
Historical Flu Season Data: Please provide a comprehensive analysis of previous flu seasons, ideally for the past five years. This analysis should include the following information:
Thank you in advance for your assistance. Your expertise in epidemiology will greatly contribute to our ability to provide quality care to our patients during this challenging time. If you have any questions or need further clarification, please feel free to reach out.
Best regards,
[Your Name]
[Your Position]
[Your Contact Information]
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How does having a list help save money at the grocery store? What other strategies can you use to save money at the grocery store?
How does technical education play a vital role to develop the entire nation?
pls- don´t lie
;)
Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.
Explanation:
Answer:
Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.
It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.
_________ bonds are considered the riskiest of all corporate bonds and thus offer the highest interest rates.
High-yield or junk bonds are considered the riskiest of all corporate bonds and thus offer the highest interest rates.
Because the issuing corporations' credit ratings are lower than those of other corporate bonds, high-yield bonds, commonly referred to as junk bonds, have a larger default risk than other corporate bonds. High-yield bonds provide higher interest rates as a result of this heightened risk to offset the likelihood of default. High-yield bonds can be more susceptible to hazards associated with the economy and certain industries, therefore investors who want to invest in them need to be prepared to accept greater levels of risk. High-yield bonds might potentially provide investors with better returns, but it's crucial to remember that in order to reduce total risk, they should only be included in a diversified investment portfolio.
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Should High School make it mandatory for all students to wear school uniforms each day to school?
Answer:
Explanation:
No i believe that students should not have to wear uniform to school it should be up to students
The opportunity cost of an hour of leisure:A. decreases if the hour of leisure is spent in productive activity.B. is always assumed to be equal to the minimum wage.C. increases if the hour of leisure time is spent in an unproductive activity.D. is the hourly wage rate.
The opportunity cost of an hour of leisure D. is the hourly wage rate.
What is opportunity cost ?The cost of not working for an hour is equal to the amount one would earn per hour if they were working. One reason for this is that the hourly rate represents the earnings a worker could have received if they had chosen to work instead of using their free time.
In essence, the cost that a worker sacrifices in terms of monetary value by choosing to indulge in an hour of leisure is regarded as the opportunity cost. The type of leisure activity does not alter the opportunity cost of an hour of leisure.
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Question 13 2 pts Total production in Victoria is described by the production function Y₁ = A₂ (K₂)a (Lt)¹-a, where A is total factor productivity, L, is labour, and Ke is capital. Let A be constant, and a = = 0.5. Assuming that the growth rate of per capita capital stock is equal to 2%, the growth rate of per capita output is 1% O 0.5% O 2% O 0%
The growth rate of per capita output is 0%.
To determine the growth rate of per capita output, we need to consider the growth rates of capital and labor. Given that the growth rate of per capita capital stock is 2%, we can denote it as gK = 0.02.
The production function is Y₁ = A₂(K₂^a)(L^1-a), where A is total factor productivity, L is labor, and K is capital.
Since A is assumed to be constant, the growth rate of total factor productivity is 0% (0.00).
Let's denote the growth rate of labor as gL and the growth rate of output as gY.
Using the formula for the growth rate of output, we have:
gY = gA + a(gK) + (1 - a)(gL)
Substituting the given values, we have:
gY = 0.00 + 0.5(0.02) + (1 - 0.5)(gL)
= 0.01 + 0.5(gL)
The growth rate of per capita output is equal to the growth rate of output minus the growth rate of labor:
gY = gY - gL
Substituting the known values, we get:
0.01 + 0.5(gL) = gY - gL
Rearranging the equation, we find:
1.5(gL) = gY - 0.01
Simplifying further:
gL = (gY - 0.01) / 1.5
Since we are given that the growth rate of per capita output is 1%, we can substitute gY = 0.01 into the equation:
gL = (0.01 - 0.01) / 1.5
= 0 / 1.5
= 0
Therefore, the growth rate of per capita output is 0%.
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1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,100 and monthly sales increase by $14,400?
Net operating income will increase/decrease per month if the monthly advertising budget increases by $8,100 and monthly sales increase by $14,400, the net operating income will decrease by $(1620)
Net operating income determines the revenue and profitability of invested actual property assets after subtracting essential operating fees. The system works by using succinctly considering all profits a property makes minus all of the general prices. for instance, a assets might also earn money from tenant rents and a coin laundry system.
To calculate net operating income increase/decrease follow the following steps:
First, calculate the current net operating income
Sales = ( 80*2500 ) = $200000
Variable expenses = (44 * 2500) = $110000
Contribution margin = 90000
Fixed expenses = 76000
Net operating income ( 90000 - 76000 ) = 14,000
Now, calculate the proposed net operating income
Sales = ( 200000 + 14400 ) = $214400
Variable expenses = ( 214400 * 55% ) = $117920
Contribution margin = 96480
Fixed expenses = ( 76000 + 8100) = 84100
Net operating income ( 96480 - 84100 ) = 12380
Therefore net operating income decreased by ( 14000 - 12380 ) = $(1620)
Net operating income measures an income-producing asset's profitability before including any prices from financing or tax. To calculate Net operating income, subtract all running prices incurred on a property from all sales generated at the belongings.
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Are items of lower quality sold on BLACK FRIDAY? Give an example.
Answer:
Items of Low price can't be sold on BLACK FRIDAY because black friday means that the price are brought down to a low price which mean items of low price can't be sold on BLACK FRIDAY
The working papers for a client contain both a permanent and a current file. The difference between the two files is that:
a) the permanent file is kept by the audit partner in charge and cannot be altered after the first audit engagement is completed, but the current file can be updated.
b) the copy of the permanent file must be sent to a regulator (PCAOB or State Board of Accountancy) and the current file is not.
c) the permanent file includes documents that relate to the client and are relevant for more than one year's audit, and the current file includes the details of work completed and evidence gathered that relate to the current year's audit.
d) the permanent file cannot be altered, but the current file can be altered.
The permanent file includes documents that relate to the client and are relevant for more than one year's audit, and the current file includes the details of work completed and evidence gathered that relate to the current year's audit.
The difference between the permanent file and the current file in working papers is that the permanent file contains documents that are relevant for more than one year's audit. These documents provide a historical perspective and are considered to have long-term importance. They include items such as contracts, legal agreements, organizational charts, prior-year financial statements, and other information that remains relevant across multiple audit periods.
On the other hand, the current file includes the details of work completed and evidence gathered specifically for the current year's audit. It includes updated financial statements, supporting schedules, audit programs, testing documentation, management representations, and other information directly related to the specific audit period.
The permanent file serves as a reference for understanding the client's business, industry, and past audit engagements, while the current file focuses on the specific audit procedures and findings for the current year. Both files are important for maintaining audit documentation, ensuring continuity, and supporting the audit process.
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Winston Co. Had two products code named X and Y. The firm had the following budget for August: Product X Product Y Total Sales $ 286,000 $ 520,000 $ 806,000 Variable Costs 189,800 218,400 408,200 Contribution Margin $ 96,200 $ 301,600 $ 397,800 Fixed costs 50,000 108,000 158,000 Operating Income $ 46,200 $ 193,600 $ 239,800 Selling Price per unit $ 110. 00 $ 50. 00 On September 1, the following actual operating results for August were reported: Product X Product Y Total Sales $ 360,000 $ 540,000 $ 900,000 Variable Costs 195,000 216,000 411,000 Contribution Margin $ 165,000 $ 324,000 $ 489,000 Fixed costs 50,000 108,000 158,000 Operating Income $ 115,000 $ 216,000 $ 331,000 Units Sold 3,000 9,000 Total industry volume for both products X and Y was estimated to be 130,000 units at the time of the budget. Actual industry volume for the period for products X and Y was 100,000 units. The firm's total sales quantity variance for the period is:
For product X, the budgeted sales volume is 95.33 x 100,000 units = $9,533,000.
For product Y, the budgeted sales volume is 50.00 x 100,000 units = $5,000,000.
The total sales quantity variance for Winston Co. is $900,000 - ($9,533,000 + $5,000,000) = -$738,000.
To calculate the total sales quantity variance, we need to first determine the budgeted sales volume per unit for each product. For product X, the budgeted sales volume per unit is $286,000 / 3,000 units = $95.33. For product Y, the budgeted sales volume per unit is $520,000 / 10,400 units = $50.00 (assuming that the selling price per unit is the same as the budgeted selling price per unit).
Next, we can calculate the budgeted sales volume for each product based on the budgeted sales volume per unit and the actual industry volume for the period. For product X, the budgeted sales volume is 95.33 x 100,000 units = $9,533,000. For product Y, the budgeted sales volume is 50.00 x 100,000 units = $5,000,000.
Finally, we can calculate the total sales quantity variance by subtracting the budgeted sales volume from the actual sales volume. The total sales quantity variance for Winston Co. is $900,000 - ($9,533,000 + $5,000,000) = -$738,000.
A negative variance means that the actual sales volume was less than the budgeted sales volume, which could be due to factors such as decreased demand, increased competition, or pricing issues. The total sales quantity variance is an important metric for companies to track, as it can help them identify areas where they may need to adjust their sales strategies or pricing models to better align with market conditions.
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when the two countries did not specialize, the total production of pistachios was 23 million pounds per day, and the total production of chinos was 68 million pairs per day. because of specialization, the total production of pistachios has increased by
Because of specialization, the total production of pistachios has increased by 13 million pounds per day, while the total production of chinos has increased by 36 million pairs per day.
This increase in production is due to the ability of the two countries to specialize in the production of the goods that they can produce most efficiently. As a result, the production of pistachios and chinos has increased significantly.
Specializing in production can also result in increased competition and international trade. As countries specialize in certain goods, they are able to produce them more cheaply and efficiently than other countries. This can lead to increased competition between countries and the emergence of international trade as countries buy from and sell to each other.
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How can you determine an independent contractor?
A. Independent contractors have an interview and a daily schedule
b. Their work and work hours are minimally controlled
c. Their work and work hours are moderately controlled
Answer:
B.
Explanation:
Answer:
b
Explanation: