Answer:
"Total quality management " is the correct answer.
Explanation:
TQM seems to be a management philosophy focused mostly on the idea that such a company can achieve long-term performance by making all its participants concentrate on enhancing efficiency and thereby providing customer loyalty, including low-level staff to their highest position representatives. This can be accomplished by the incorporation of all roles and processes relating to quality throughout the business.Promotion tends to a. overemphasize physiological and safety needs. b. capitalize on existing needs. c. avoid focusing on people's needs. d. create needs. e. be overly focused on the self-actualization needs. 1 points QUESTION 41
Answer:
b. capitalize on existing needs
Explanation:
The promotion is the marketing strategy in which the firm promotes its products via advertising through social sites, television, radio, newspaper, etc
so that it can create awareness among the people
Here the promotion tends to capitalize on the needs i.e existed in nature
Therefore the same is to be considered and all other options are incorrect
In Texas, the state and local governments can both levy sales taxes. These general state and local sales taxes can combine to reach a rate of _________ percent.
Answer:
8.25
Explanation:
The answer is that these general state and local sales taxes can combine to reach a rate of 8.25 percent because the state has a sales tax rate of 6.25% but the local jurisdictions can also establish a sales tax rate that can be up to 2% and when they are combined, you have a maximum of 8.25%.
Megan is writing a marketing plan and is trying to communicate that her company has the benefits that the target market will value. She is working on which section of the marketing plan
Answer:
Positioning
Explanation:
Businesses, firms always device a means to ensuring that their brands are registered in the minds of prospective customers. This is called positioning in marketing plan section. Here, a firm would try to influence positively the opinions of the target market about their products when compared with what competitors offers.
Positioning helps to create a unique identity about a product or brand in the minds of the customers. An example is when a firm that manufactures electronics create a unique identity about its product by branding it as the latest and most innovative unlike what its competitors offers.
From the field of economics, the ________ explains how the perceived value of a product or service is affected by the number of people using the product or service.
Answer:
network effect
Explanation:
Windsor Co. incurs $1110375 of overhead costs each year in its three main departments, machining ($630000), inspections ($315000) and packing ($165375). The machining department works 4000 hours per year, there are 600 inspections per year, and the packing department packs 1000 orders per year. Information about Windsor’s two products is as follows: Product X Product Y Machining hours 1000 3000 Inspections 100 500 Orders packed 350 650 Direct labor hours 1700 1800 If traditional costing based on direct labor hours is used, how much overhead is assigned to Product X this year?
Answer:
$539,325 is assigned to Product X this year.
Explanation:
First determine the overhead absorption rate.
overhead absorption rate = budgeted overheads ÷ budgeted labor hours
= $1,110,375 ÷ (1,700 + 1,800)
= $317.25 per labor hour.
Then find Overhead Assigned to Product X
Overhead Assigned to Product X = overhead absorption rate × activity
= $317.25 × 1,700
= $539,325
Jose has one evening in which to prepare for two exams and can employ one of two possible strategies: Strategy Score in Economics Score in Statistics A 94 79 B 77 90 The opportunity cost of receiving a 90 on the statistics exam is ___________ points on the economics exam.
Answer: 17 points
Explanation:
The Opportunity cost in this case is the amount of points that Jose has to forgo for picking one alternative.
If Joe had picked strategy B which would give Jose 90 points on statistics then that means that Jose would not have picked strategy A which gave a 94 in Economics.
Therefore instead of getting a 94, Jose would get a 77. The opportunity cost is therefore;
= 94 - 77
= 17 points
The local florist advertises a discount on arrangements during the month of April because the anniversary of the store's opening is in April. This is an example of special-event pricing.
a. True
b. False
The objective of the ________ control category is to counteract interruptions to business activities and to protect critical business processes from the effects of major failures of information systems or disasters and to ensure their timely resumption
Answer:
Business continuity planning
Explanation:
The goal of this sector is to enable ongoing operations before and during execution of disaster recovery
A student would like to buy a cross-over SUV from a local dealer, but she thinks the payments will be too high. Marketing does not occur in this situation because
Answer: one of the involved parties does not have the ability to satisfy its needs
Explanation:
The options to the question are:
becauseA. two or more parties have unsatisfied needs.B. there is no desire on the part of either party to satisfy its needs.C. one of the involved parties does not have the ability to satisfy its needs.D. there is no way for each party to communicate with one another.E.there has been no assessment of consumer wants and needs.
Marketing simply has to with the buying and selling of a certain product or service.
In the question, we are informed that a student would like to buy a cross-over SUV from a local dealer, but she thinks the payments will be too high.
In this situation, marketing does not occur in this situation because one of the involved parties does not have the ability to satisfy its needs. It càn be seen that the girl cannot afford it.
What is NOT a major purpose of orientation and socialization? A.. Contribute to the organization's bottom-line goals B. Maximize the potential for litigation with people who claim to be rejected on a discriminatory basis C. Ensure that the organization's financial investment in employees pays off D. Help hire and place applicants in the best interest of the organization and individual
Answer:
B. Maximize the potential for litigation with people who claim to be rejected on a discriminatory basis
Explanation:
Orientation in a new workplace is a term that describes a form of onboarding process which includes general or property related areas of the firm, like company standards and policies, firm culture, and job-specific aspects of responsibilities.
Also, Socialization in this regard is a form of arrangement, introduced to the values, norms, and behaviors that are required in order to be successful in the organization.
Hence, considering the available options, what is not a major purpose of orientation and socialization is option B: Maximize the potential for litigation with people who claim to be rejected on a discriminatory basis
An employee earns $5,750 per month working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. The employee has $208 in federal income taxes withheld. The employee has voluntary deductions for health insurance of $176 and contributes $88 to a retirement plan each month. What is the amount of net pay for the employee for the month of January? a. $5,207.b. 53.c. $5,296.70.d. $5,158.32.e. $4,826.22.f. $4,875.42.
Answer:
$4838.5
Explanation:
We can calculate the amount of net pay for the employee for the month of January by deducting all the monthly expenses from the employee's monthly salary which is $5,750.
Wages Per Month $5,750
Less:
Federal Income Taxes Withheld $208
FICA Social Security $356.5
FICA Medicare $83
Health Insurance $176
Retirement Plan $88
Net Pay for the employee $4838.5
Woeking
FICA(social security) = 5,750 x 6.2% = 356.5
FICA(Medicare) = 5750 x 1,45% = 83
McDonald's serves McRice Burger in Malaysia, McOZ Burger in Australia, Kiwi Burger in New Zealand, McHuevo Burger in Uruguay and McSamurai Burger in Thailand. These menu variations are examples of a:
The question is incomplete:
McDonald's serves McRice Burger in Malaysia, McOZ Burger in Australia, Kiwi Burger in New Zealand, McHuevo Burger in Uruguay and McSamurai Burger in Thailand. These menu variations are examples of a:
a. A combination of global and local marketing mix elements
b. a selection of menu items that can be sold eventually in U.S. markets
c. A replacement of standard menu names with fancy names
d. a deviation from successful marketing practices
e. a reflection of failure of US menu items in those countries
Answer:
a. A combination of global and local marketing mix elements
Explanation:
The answer is that these menu variations are examples of a combination of global and local marketing mix elements because the company tries to position its products on a global scale but also adjusts its strategies locally to adapt the placement and distribution to the specific characteristics of each country.
The other options are not right because McDonalds is adjusting its offer in its market to be able to establish its position in that market and not to be able to sell the items in US markets or to replace standard menu names. Also, this is the result of analyzing how to better position in a new market and not a failure of US menu items in those countries.
Answer:
A combination of global and local marketing mix elements
Explanation:
The payments made by a firm to repurchase shares of its outstanding stock from an individual investor in an attempt to eliminate a potential unfriendly takeover attempt are referred to as:
Answer:
Greenmail
Explanation:
Greenmail is when a firm that is under the threat of a potential hostile takeover attempt buys the outstanding shares of the individual that is posing the hostile takeover threat. this purchase is usually at a premium to market price.
Analysis is about modeling ___ the system should do. Design is about modeling ___ that behavior may be implemented.
Answer:
a)What
b)How
Explanation:
Analysis is about modeling what the system should do. Design is about modeling how that behavior may be implemented.
Analysis ask the question what so that it will be easier to break down what we want to do into various unit in order to have good conclusion. It should be noted that an analysis could be statistical in nature which is very common among various types of analysis.
Design on the other hand, is about modeling how that behavior may be implemented. This is very crucial because it will be easier to gather plan, or the look of the product that the design will produced at the end of the design.
A concentrated targeting strategy differs from an undifferentiated targeting strategy in that a concentrated targeting strategy: a. reduces the production and marketing costs of a firm. b. views the market as one big market with no individual segments. c. results in cannibalization of products. d. involves the selection of a market niche to target the marketing efforts of a firm.
Answer: d. involves the selection of a market niche to target the marketing efforts of a firm.
Explanation:
A concentrated marketing strategy is utilized when a specific segment of the market is being targeted by a company.
A concentrated targeting strategy differs from an undifferentiated targeting strategy in that a concentrated targeting strategy involves the selection of a market niche to target the marketing efforts of a firm.
Ellen, a manager at a marketing firm, noticed that one of her subordinates, who is usually good-natured, has been moody, irritable, and disorganized lately. The subordinate has refused Ellen's suggestions to take a few personal days. Such symptoms are most likely an indication that the subordinate is experiencing ________.
a. depression
b. burnout
c. insomnia
d. occupational disease
Answer:
b. burnout
Explanation:
-Depression is an illness that makes people feel sad and without interest in performing activities that they used to do.
-Burnout is when a person is really tired because of a lot of stress and the person feels exhausted, overwhelmed, unmotivated and with a negative attitude.
-Insomnia is when a person has a problem to fall sleep and people feel that they are not able to rest.
-Occupational disease is an illness that is caused by the conditions in your job.
According to this, the answer is that such symptoms are most likely an indication that the subordinate is experiencing burnout because it appears when a person has a lot of stress which results in being in a bad mood, unmotivated and the person neglects the job.
Aardvark Enterprises has agreed to be acquired by Lawson Products in exchange for $23,000 worth of Lawson Products stock. Lawson has 1,300 shares of stock outstanding at a price of $15 a share. Aardvark has 1,900 shares outstanding with a market value of $18 a share. The incremental value of the acquisition is $3,400. What is the value of Lawson Products after the merger
Answer:
$57,100
Explanation:
Aardvak enterprises has agreed to be exchanged by Lawson's products
The exchange is $23,000 worth of Lawson's product stock
Lawson's has an 1,300 shares as outstanding at a price of $15 per share
Aardvak has 1,900 shares outstanding with a market value of $18 per share
The incremental value of the acquisition is $3,400
Therefore, the value of Lawson's product after the merger can be calculated as follows
= (1,300 × $15) + (1,900×$18 )+ $3,400
= $19,500+$34,200+$3,400
= $57,100
Hence the value of Lawson's product after the merger is $57,100
A company purchased a 12 month insurance policy on October 1 for $1,200. On the December 31 annual financial statements, ______.
Answer:
$300 is reported as a expense
Explanation:
and $900 is reported as an asset hope this helps you :) god loves you :)
A company purchased a 12-month insurance policy on October 1 for $1,200. On the December 31 annual financial statements $300 is reported as an expense.
What is meant by insurance policy?The insurance policy is a contract, typically in standard form between the insurer and the policyholder, that identifies the claims that the insurer is required by law to pay.
Next, we take a closer look at the three most important insurance subcategories: life, liability, and property.
Insurance coverage is the amount of risk, responsibility, or potential loss that an insurance policy covers. It helps consumers make up for financial losses caused by unexpected occurrences like car accidents, property damage, or unforeseen medical issues.
Thus, $300 is reported as an expense.
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The coordination problem accompanying expansionary fiscal policy refers to
a. the tendency of increases in government expenditures to expand private sector output by an even larger amount.
b. the reluctance of Congress to approve increases in government spending during a recession.
c. the possibility that borrowing to finance current spending will lead to lower future interest rates.
d. the possibility that demand stimulus programs will direct resources toward unproductive projects and areas of full employment.
Answer: d. the possibility that demand stimulus programs will direct resources toward unproductive projects and areas of full employment.
Explanation:
Expansionary fiscal policy is used by the government of a particular country to increase the money supply in that country.
The coordination problem accompanying expansionary fiscal policy refers to the possibility that demand stimulus programs will direct resources toward unproductive projects and areas of full employment.
When managers monitor the performance of individuals, departments, and the organization as a whole to determine if they are meeting desired performance standards, they are engaging in the essential task of ______.
Answer:
"Controlling " is the right approach.
Explanation:
Controlling was just one of the management's primary duties. To search out expected outcomes from either the respondents a supervisor must exert efficient management over all the respondents' behavior and actions. In several other terms, it could be described as guaranteeing that even an organization's operations are carried out under strategies.As part of understanding your client's needs, you should find out what their sales tax requirements are for their business and locality. What information is needed to set up sales tax in QuickBooks Online for a client who only does business in their home state? Select the 4 options you think apply. (Select all that apply)
The rule that requires financial statements to reflect the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue, is the:
Answer:
Going concern assumption
Explanation:
The going concern principle is the assumption that an entity will remain in business for the foreseeable future.
This assumption holds in the absence of significant information to the contrary such as inability to meet obligations as they fall due
Monica, a project manager at a software firm, learns during a status report meeting that a difference exists between the baseline scope and the actual project performance. What does Monica need to do next?
Answer:
Analyze the variance
Explanation:
In a situation like this, it is expected that the project manager identifies the differences or variance which exists between the baseline scope and actual project performance. It is however when the variance has been analyzed, then the project manager can conclude whether a change in scope is needed or not.
Hence, in this case, what Monica need to do next is to ANALYSE THE VARIANCE
You think hard about how to allocate the next hour between watching football and going for a walk. You decide to spend the first 40 minutes watching football and the remaining 20 minutes going for a walk. Your decision is an example of _______.
Answer:
Making a choice at the margins
Explanation:
Making a choice at the margins is when you decide to do more or less of an activity instead of doing it or not and in order to make the decision you analyze the benefit and the cost of spending more time doing that specific activity. According to this, the answer is that your decision is an example of making a choice at the margins because you decide how to spend an hour between watching football and going for a walk.
Zokro, a nongovernmental not-for-profit organization, uses the indirect method to prepare its statement of cash flows. In determining its net cash provided (used) by operating activities, Sokro must add back which of the following to the change in net assets?
A. Purchase of equipment.
B. Payment on long-term debt.
C. Depreciation.
D. Decrease in accounts payable.
Answer:
C. Depreciation
Explanation:
The Indirect method reconciles the Operating income to the Operating Cash flow by adjusting the following items (i) Non -Cash Items previously added or deducted from Operating Profit and (ii) Changed in Working Capital items. From the given options, only depreciation is added back as it was previously deducted from Operating Income.
The survival principle states that A. the only firms that survive are those that maximize profits. B. firms must undertake social objectives to survive. C. the only firms that survive are those that maximize revenue. D. managers who fail to maximize profits should be disciplined.
Answer:
The survival principle states that
A. the only firms that survive are those that maximize profits.
Explanation:
Profit maximization is important for a firm to survive. Without profit maximization, firms fail. Profits impact share price, business growth, and short-term and long-term survival. Profits reduce debt burden, and increase capital investments and acquisitions. Without profits, a firm cannot pay dividends or repurchase shares. Profit is at the center of a firm's survival. Even Baumol's theory of sales maximization states that it is only when an acceptable level of profit has been achieved that a firm can shift its focus away from profits to revenue maximization. This emphasizes the importance of profit maximization. Profit maximization also contributes to the maximization of cash flows.
Bo gives a talk to his employees about standards that govern how members of their profession should conduct themselves. He is talking about _______ ethics.
a. societal
b. occupational
c. individual
d. organizational
e. governmental
Randy Rudecki purchased a call option on British pounds for $.02 per unit. The strike price was $1.45 and the spot rate at the time the option was exercised was $1.46. Assume there are 31,250 units in a British pound option. What was Randy‘s net profit on this option? Show your work.
Answer:
-$312.50
Explanation:
Randy Rudecki made a purchase of a call option for $0.02 per unit
The strike price was $1.45
The spot rate was $1.46
There were 31,250 units in a British pound option
The first step is to calculate the profit per unit that was derived from the call option
= $1.46-$1.45
= 0.01
Net profit per unit= 0.01-0.02
= -0.01
Therefore, the Randy's net profit on this option can be calculated as follows
= 31,250 units × (-0.01)
= -$312.50
Hence Randy's net profit on this option is -$312.50
Broker Jon is attaching a rider strip to a For Sale sign. What information is most likely on this rider strip?
Answer:
Jon's cell phone number.
Explanation:
Sign riders is a small strip of sign placed either above or below the sign of sale that contains the information of person to contact. The information on this sign rider is of the person, to whom an interested person can contact. The contact information, on sign riders, is usually of the realtors or brokers.
In the given case, Jon is the broker, so the sign rider will consist of his contact details. The information that will be placed on the sign rider will be Jon's cell phone number, on which an intereseted person can contact.
So, the correct answer is Jon's cell phone number.
The information i.e. most likely on this rider trip is Jon's cell phone number.
The following information should be considered:
Sign riders is a small strip of sign placed either above or below the sign of sale that contains the information of person to contact. In the given case, Jon is the broker, so the sign rider will consist of his contact details. The information that will be placed on the sign rider will be Jon's cell phone number, on which an interested person can contact.
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When businesses form voluntary, collaborative partnerships with environmental organizations and regulators to achieve specific objectives this is called:
Answer: Environmental partnerships.
Explanation:
It is important to understand that for most and all business to thrive there have to be an enabling environment for that to happen. Environment play a key or major role to the growth of any business and as such most business pay keen attention to their environment and do every means to ensure it is vulnerable for them to operate well. The partnership between organizations and seeking a operational environment to do their business is known as environmental partnership.