Answer:
b
Explanation:
The operational risk committee has the responsibility of maintaining and overseeing the operational risk of an organisation. They are to identify possible operational risks of all the activities of a company and take steps to mitigate and manage such risks
The functions of The operational risk committee includes :
Identify possible risksEvaluate the risks Develop and implement strategies needed to manage the riskEvaluate the risk and strategize implemented regularlyAlthough monetary policy cannot reduce the natural rate of unemployment, other types of government policies can. a. True b. False
Answer:
False
EXPLANATION:
"Cory is a salesperson at Bayray Technologies, a company that manufactures laptops and cameras. During a sales presentation for the company's new camera, he states, "Cameras produced by us have the same resolution as the cameras produced by ClarityO, the world's number one camera manufacturer, but at a cheaper price." In this scenario, Cory is using a(n) _____ to describe the product."
Answer:
comparison
Explanation:
Since cory is a sales person at bayray technologies and at the time of sales presentation he stated that the camera resolution of our company should be similar with the Clarity O company but the price are cheaper so here cory is doing the comparison of cameras between his company and with the other company to capture the market share by telling the advantages of his company product
Asiago National Bank has assets of $900,000 and liabilities of $300,000. Asiago National Bank's net worth is $300,000. $600,000. $900,000. $1,200,000.
Answer:
Net worth = $600000
Explanation:
Below is the calculation:
Given the Assets = $900000
Liabilities of the bank = $300000
The net worth can be calculated by subtracting the liability from the assets.
Net worth = Assets - Liabilities
Net worth = 900000 - 300000
Net worth = $600000
which type of approach to manufacturing tries to anticipate customer demand when deciding how much to produce and when
Answer:
Push manufacturing.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
In Economics, there are four (4) main factors of production and these are;
I. Land.
II. Labor (working).
III. Capital resources.
IV. Entrepreneurship.
When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Technical or productive inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Push manufacturing is a type of approach to manufacturing that typically tries to anticipate customer demand when deciding how much to produce and when. Thus, its required that a manufacturer anticipate the demand of consumers when using the push manufacturing approach.
Viral promotion involves: Group of answer choices sending a pre-written set of messages to customers or prospects over time. offering rebates and incentives to customers for adopting a product or service. emphasizing customer retention and satisfaction, rather than a dominant focus on sales transactions. leveraging a firm's customers to promote a product or service. paying celebrities to use a product visibly to lure customers into unwittingly buying the product.
Answer:
leveraging a firm's customers to promote a product or service
Explanation:
Viral promotion is a form of marketing in which a good or service is promoted using a firms' social network,
For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good
Tamekia reports that the market leader in the TZX mitt category has 60 percent of all sales in the market and spends $240,000 a year, or 60 percent of all advertising expenditures, to support the brand. Under the share of market/share of voice system, Great Catch should be prepared to spend at least ________ if it hopes to achieve a market share of 30 percent.
Answer: $120000
Explanation:
Share of voice refers to the measure of the exposure that a particular business gets when it's being compared to other competitors. The share of market is the percentage of a market that a company earns.
From the information given, since 60% of the market sales equate to $240000 spent a year, then in order to achieve a market share of 30%, ½ of $240000 will be spent which is $120000. Therefore, Great Catch should be prepared to spend at least $120000 if it hopes to achieve a market share of 30 percent.
Which of the following sales would be covered by Article 2 of the Uniform Commercial Code? Group of answer choices the sale of intangible goods the sale of tangible goods the sale of real estate the sale of stocks
Answer:
the sale of tangible goods
Explanation:
Article 2 is applied for the contract that made for selling the goods. the goods that are identifed at the time when the contract is created and could be moved. It mainly deals with the tangible things like computers, cars, pens, etc
The intellectual property and intangible should not be cover in this
Therefore the above should be considered
Taco Hot Dogs, Inc., regularly advertises its products. Under the First Amendment, in comparison with noncommercial speech, the protection given these ads is
Lee works 40 hours per week, typically working 10 hours per day Monday through Thursday, and taking a three-day weekend. Lee works a ______ workweek
Answer:
Compressed workweek
Explanation:
Compressed workweek refers to the flexibility in which a worker works complete hours in a week but it works in fewer days. For instance, a worker works 4 days and completes 40 hours of work and then enjoys three days off. Here, this flexibility is called the compressed workweek.
The following industries have a market-oriented location A. Newspapers B. Yahoo! Data center C. Paper mills D. Textiles
Answer:
A. Newspapers
D. Textiles
Explanation:
Market oriented location is the selection of business location based on customers. The market for business will be selected where there are customers already present. This is possible where there is presence of some competitor in market and business chooses to open its store just beside him so that competitor customers may visit our store too.
Promotion is one of the 4P‘s of marketing. The promotion mix is ___??
Answer: Promotion mix could be defined as several methods or tools used to improve the market situation of a product, so the product could have more presence and demand in the market.
Explanation:
Promotion mix could be defined as several methods or tools used to improve the market situation of a product, so the product could have more presence and demand in the market. Some of what makes it up are public relations, advertising, personal sales.
True or false. Unintended market conditions, including black markets and shortages, can occur through the price restraint of a price ceiling set above the market-clearing price.
Answer:
false
Explanation:
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Price floor set above the market-clearing price is non binding
Effects of a binding price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
By hiring your children, you can
pay low wages.
show how much you care.
transfer wealth without estate taxes.
avoid payroll taxes. (Not the correct answer)
Answer: transfer wealth without estate taxes.
Explanation:
There are several methods to avoid having to pay estate taxes when passing on wealth to your children and this is one of them. By paying your children more than you should actually be paying them, this would be counted as payroll.
Of course your children will just get charged higher payroll taxes but you would have avoided estate taxes. Other methods include gifting them money up to a certain extent every year or using a Grantor Retained Annuity Trust.
To argue that schools should adjust their curriculum so that African, Asian, and indigenous accounts of history be incorporated with equal weight alongside European accounts is to advocate for
Answer:
racial justice and democracyExplanation:
I hope this answer will help you! I know the answer because I actually took this test last year.
Advocates for racial justice and democracy will say that schools should change their curricula so that Native American, Asian, and African historical perspectives are given the same weight as European ones.
What is the significance of racial justice?Prior to the early 1960s, the racial justice of equality was challenging for African, Asian, and Native Americans to achieve equality. Racial equality has, however, recently been included into laws that typically guarantee that everyone has access to equal chances in terms of treatment, education, work, and other facets of life.
It has been demonstrated that racial disparities in educational and economic performance have an adverse effect on the economic security of all Americans, regardless of race, in addition to having an adverse effect on the economic well-being of racial and ethnic minorities.
Therefore, it is racial justice and democracy.
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A sales invoice included the following information: merchandise price, $9,900; terms 1/10, n/eom, FOB shipping point with prepaid freight of $1,100 added to the invoice. Assuming that a credit for merchandise returned of $900 (before discount) is granted prior to payment and the invoice is paid within the discount period, what amount of cash should be received by the seller
Answer: $10010
Explanation:
The amount of cash that should be received by the seller will be:
($9900 - $900) = $9000
$9000 × 1% = $90
$9000 - $90 = $8910
$8910 + $1100 = $10010
Therefore, the amount of cash should be received by the seller will be $10010.
what is one major negative affect of globalization?
Answer:
The Negative Effects of Globalization on the Environment the massive development of transport that has been the basis of globalization is also responsible for serious environmental problems such as greenhouse gas emissions, global warming pollution.
Negative impacts of globalisation
Globalisation operates mostly in the interests of the richest countries, which continue to dominate world trade at the expense of developing countries. The role of LEDCs in the world market is mostly to provide the North and West with cheap labour and raw materials.
There are no guarantees that the wealth from inward investment will benefit the local community. Often, profits are sent back to the MEDC where the TNC is based. Transnational companies, with their massive economies of scale, may drive local companies out of business. If it becomes cheaper to operate in another country, the TNC might close down the factory and make local people redundant.
An absence of strictly enforced international laws means that TNCs may operate in LEDCs in a way that would not be allowed in an MEDC. They may pollute the environment, run risks with safety or impose poor working conditions and low wages on local workers.
Globalisation is viewed by many as a threat to the world's cultural diversity. It is feared it might drown out local economies, traditions and languages and simply re-cast the whole world in the mould of the capitalist North and West. An example of this is that a Hollywood film is far more likely to be successful worldwide than one made in India or China, which also have thriving film industries.
Industry may begin to thrive in LEDCs at the expense of jobs in manufacturing in the UK and other MEDCs, especially in textiles.
Anti-globalisation campaigners sometimes try to draw people's attention to these points by demonstrating against the World Trade Organisation. The World Trade Organisation is an inter-government organisation that promotes the free flow of trade around the world.
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they miss the point that the world is finite. We don’t have infinite resources, or unlimited ability to handle excess pollution. So we are setting up a “solution” that is at best temporary.
Economists also tend to look at results too narrowly–from the point of view of a business that can expand, or a worker who has plenty of money, even though these users are not typical. In real life, businesses are facing increased competition, and the worker may be laid off because of greater competition.
The following is a list of reasons why globalization is not living up to what was promised, and is, in fact, a very major problem.
2. Globalization increases world carbon dioxide emissions.
3. Globalization makes it virtually impossible.
5. Globalization transfers consumption of limited oil supply from developed countries to developing countries. If world oil supply isn’t growing by very much, and demand is growing rapidly in developing countries, oil to meet this rising demand must come from somewhere. The way this transfer takes place is through the mechanism of high oil prices.
7. Globalization transfers investment spending from developed countries to less developed countries. If an investor has a chance to choose between a country with a competitive advantage and a country with a competitive disadvantage, which will the investor choose? A shift in investment shouldn’t be too surprising.
I hope you got it! Hope this help you!:)
Explanation:
The major negative effect of globalization is companies burn more fossil fuels to ship goods overseas.
The concept of "globalization" describes the growing interdependence of the economies, cultures, and people of many nations as a result of technical breakthroughs, cross-border trade in products and services, and global flows of capital, people, and information.
A rise in wealth inequality and unfavorable working conditions in less developed nations that export goods to more developed nations are just two examples of the negative social effects that globalization may have.
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The skills, knowledge, and experience of an individual or group and its value to an organization refers to _____.
Answer:
Human capital
refers to the economic value of the combined knowledge, experience, skills, and capabilities of employees
True or false: Merchandise inventory is generally converted to cash more quickly than accounts receivable.
Answer:
False
Explanation:
Merchandise inventory is the stock that company have to kept in its godown while the account receivable is that when company sold the goods on credit basis to the customer
So here the company could received the payment within 12 months it can be in within month also
So the given statement is false
Sanders Company has a debit balance of $7,000 in its Allowance for Doubtful Accounts before any adjustments are made. Based on a review of its accounts receivable at the end of the year, Sanders estimates that $70,000 of its receivables are uncollectible. The amount of bad debt expense which should be reported for the year is $70,000. $7,000. $77,000. $63,000. $70,000.
Answer:
$77,000
Explanation:
Calculation to determine what The amount of bad debt expense which should be reported for the year is
Using this formula
Bad debt expense=Allowance for Doubtful Accounts debit balance +Estimated uncollectible receivables
Let plug in the formula
Bad debt expense=$7,000+$70,000
Bad debt expense=$77,000
Therefore The amount of bad debt expense which should be reported for the year is $77,000
Q. Compared with other investment asset classes, an investment in real estate is least likely to be characterized by:
Answer:
i really dont know/////////////////////////////////////////////////
Explanation:
n order to approve a loan, lenders want to see a credit score of at least _____. a. 300 b. 500 c. 700 d. 1200 Please select the best answer from the choices provided
Answer:
c. 700
Explanation:
A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.
Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.
In order to approve a loan, lenders want to see a credit score of at least 700.
In conclusion, lenders look at the credit score of a loan applicant so as to ensure that the applicant is financially responsible and would be able to repay the loan at the agreed upon date.
Th process of gaining the resources and skill needed in managing consumer resources is known as
A.) Consumer Education B.) Consumer participation
C.) Consumerism
D.) Consumer right
Answer:
A.) Consumer Education
Explanation:
CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.
Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.
Therefore, this employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.
In this context, consumer education is a strategic process which typically involves gaining the necessary resources and skills required to manage consumer resources in order to continue to provide satisfactory services to them.
Answer:
A) Consumer EducationExplanation:
Th process of gaining the resources and skill needed in managing consumer resources is known as consumer education .
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Mismanaged project management can lead to _____ of wasted dollars (USD) every year for organizations around the world.
Answer: $2 trillion
Explanation:
Research shows that organizations around the world waste around $1 million every second due to them being unable to efficiently implement business strategy.
When added up, this brings the estimate to about $2 trillion every year which is almost half of the U.S. Federal budget in 2020. It is therefore important that companies prioritize efficient management and use of resources so that less money is wasted.
If a stock were overpriced, it would plot A) above the security market line. B) below the security market line. C) on the security market line. D) on the y-axis.
Answer:
A) above the security market line.
Explanation:
A) above the security market line.
Option "a" is correct because all the correct priced stock will be shown on the security market line while the underprice stock is represented above the security market line and the overpriced stock is shown below the security market line.
Smith Company produces and sells one product for $40 per unit. The company has no beginning inventories. Its variable manufacturing cost per unit is $18 and the variable selling and administrative expense per unit is $4. The fixed manufacturing overhead and fixed selling and administrative expense total $80,000 and $20,000, respectively. If Smith Company produces 8,000 units and sells 7,500 units during the year, then its net operating income under variable costing would be
Answer:
$35,000
Explanation:
net operating income under variable costing would be calculated by preparing income statement under variable costing.
Smith Company
income statement under variable costing system
Sales (7,500 x $40) $300,000
Less Cost of Sales (7,500 x $18) ($135,000)
Contribution $165,000
Less Expenses
selling and administrative expense ($4 x 7,500) ($30,000)
fixed overheads :
manufacturing ($80,000)
selling and administrative expense ($20,000)
Net Income $35,000
Broker A is involved in an exclusive right to sell listing with his seller client, Seller S. After receiving the property condition disclosure form from Seller S, Mark hosts an open house to promote his new listing. At the open house a customer expresses concerns about radon levels in the area. Seller S did not indicate a radon problem on the property disclosure. What is Broker A's best course of action in this situation
Answer:
In such a scenario, it is recommended that Broker A should acknowledge the concerns of the customer because this is a material concern. They should then remind the customer that there exists a Property Disclosure Form which is made by the Seller that the customer is allowed to view to see if there is anything wrong with the house.
You as the broker, are acting on behalf of the seller so should not disclose any information than what is on the Property Disclosure Form.
If however, you know of a radon problem in the property in your personal capacity, the law requires that in the interest of safety, you reveal this to the customer if the seller did not disclose this in the form.
Julie sets high goals for herself at work. She is more committed to reaching these goals than most employees. She is organized, works hard, and remains persistent in the face of obstacles to reaching her work goals. Julie would probably score high on a measure of
Answer:
conscientiousness.
Explanation:
A personality psychologist can be defined as an individual who is saddled with the responsibility of studying the emotions, behaviors, motives, and thought patterns of individuals and how these psychological subsystems affects their lives. This ultimately implies that, personality psychologist are much more interested in studying the individual differences in humans in relation to their psychology.
Conscientiousness is one of the Big Five trait of personality, amongst other traits such as agreeableness neuroticism, extraversion and openness. They are used to access the personality of a living organism, especially human beings.
In this scenario, Julie would probably score high on a measure of conscientiousness because she possesses the following attributes or qualities; organized, works hard, persistent, committed, etc.
The following financial statement information is available for Coronado Corporation: 2020 2019 Inventory $45000 $47000 Current assets 112000 102000 Total assets 429000 358000 Current liabilities 28000 35000 Total liabilities 100000 89000 The current ratio for 2020 is
Answer:
4
Explanation:
Calculation to determine the current ratio
Using this formula
Current ratio = Current assets / Current liabilities.
Current ratio = 112000 / 28000 = 4
Therefore Current ratio is 4
Trish Himple owns a retail family clothing store. Her store is located at 4321 Heather Drive, Henderson, NV 89002. Her employer identification number is 95-1234321 and her Social Security number is 123-45-6789. Trish keeps her books on an accrual basis. The income and expenses for the year are:
Answer:
Trish has income of $211,000
Expenses are $186,000
Explanation:
Income :
Returns and Allowances $340,000
Cost of Goods Sold $326,000
Other deductions $14,000
Gross Profit is $211,000
Stewart Airlines is well known for providing excellent customer service to its flyers. The staff members inquire about each flyer's wants and needs and listen carefully to their responses. If a flyer has any specific requests, the staff members ensure that they are immediately attended to. In this scenario, Stewart Airlines illustrates _______, which has been found successful in spurring on the growth of customer relationship management.
Answer:
Personalisation
Explanation:
Personalisation of services in customer relationship is the act of anticipating the needs of the customer before they occur and providing this service in a timely fashion.
This results in increased customer benefits and greater loyalty.
In the given scenario Stewart Airlines provides excellent customer service to its flyers by inquiring about each flyer's wants and needs and listening carefully to their responses. If a flyer has any specific requests, the staff members ensure that they are immediately attended to.
This is personalisation of service