Answer:
The correct answer is the option C: Casual ambiguity.
Explanation:
To begin with, in the field of business the concept known as "Casual Ambiguity" refers specifically to the situation where the competitors of a company do not understand how the inputs are combined in order to form the outputs due to the fact that they believe that there are several more factors that are not tangible that are affecting the production and that is why that the outputs end up being better products and more complicate it to understand. That is the case presented where the casual ambiguity is related to the life lessons and efforts that Michelle has done during his volunteer time.
Answer: C. Casual ambiguity
Explanation:
Inimitability refers to having qualities that cannot be so easily copied. In business, it gives rise to a competitive advantage that sets you apart from others.
One reason for inimitability is casual ambiguity. This refers to when the background of a company does not seem to correlate with or explain how the company in question, came to be successful. This ensures that other companies are unable to understand what they are to do to become as successful as those companies.
It is the case here. Competitors are unable to understand how paintings and growing up in an orphanage are helping Michelle so they cannot copy her strategy.
The percentage of times a customer service representative is able to resolve a customer issue in just one phone call is an example of a ______ used for performance appraisal.
Answer:
quantitative metric
Explanation:
Quantitative metrics can be regarded as click-through rates, as well as time on sites, or some other measure that is used in online marketing which can be well represented numerically. quantitative data is been chosen by Many marketers since it be solve on spreadsheet and creation of statistics and comparison points is possible.
It should be noted that percentage of times a customer service representative is able to resolve a customer issue in just one phone call is an example of a quantitative metric
used for performance appraisal.
On January 1, Garcia Supply leased a truck for a four-year period, at which time possession of the truck will revert back to the lessor. Annual lease payments are $10,000 due on December 31 of each year, calculated by the lessor using a 5% discount rate. Negotiations led to Garcia guaranteeing a $36,000 residual value at the end of the lease term. Garcia estimates that the residual value after four years will be $35,000. What is the amount to be added to the right-of-use asset and lease liability under the residual value guarantee
Answer:
Following are the response to the given choice.
Explanation:
A residual value guaranteed 36000
Less: Residual value expected 35000
Difference 1000
5%, 5 periods PV Factor 0.7835
PV of the amount added $784
Added Amount = $784
What does a speech-language pathologist do?
Answer:
work to prevent, assess, diagnose, treat, and help to prevent communication and swallowing disorders in children and adults.
.
Explanation:
________ are the result of organizations' efforts to create profiles of customers so that direct marketing tools, such as e-mail and catalogs, can be directed at specific customers. Multiple Choice First-mover advantages Databases Direct order consignments Direct order fulfillments Lead generations
Answer:
Databases
Explanation:
The database is the result of the effort of an organization that could develop the customer profiles in order to have the direct marketing tools like e-mail could be directed for the particular customers
In this the customer profiles are made so that according to that it give direction to the customers in a form of email & catalogs
So, it is a database case
How does data analytics play a vital role in today’s business world? Multiple Choice By allowing data to be organized into predefined tables and fields. By defining three main categories of classes that help organize a company’s data structure models. By examining data to generate models for predictions of patterns and trends. By capturing the ever-increasing transaction activity of large companies.
Answer:
C. By examining data to generate models for predictions of patterns and trends.
Explanation:
Business data analytics can be regarded as practice whereby
specific set of techniques as well as competencies and procedures are put into application in order to perform the continuous exploration as well iteration, and investigation regarding past business days and current one, so that insights about a business which brings about improved decision making can be obtained, and models that can predicts patterns and trends can be generated. It should be noted that data analytics play a vital role in today’s business world by examining data to generate models for predictions of patterns and trends in business.
As Jake and Rolando explore the possibility of starting an endurance training facility for youth athletes, they collect demographic and lifestyle information about the families who would potentially buy their service. This exercise will help to better identify their Multiple Choice buying group. target market. competition. marketing concept.
Answer:
Target market
Explanation:
Target market is defined as a group of people or businesses who are receive the marketing efforts of a company.
They satisfy the criteria that is set for a.product that is being promoted.
In the given scenario the ideal target market are youth athletes.
Collection of demographic data will help them select clients based on their age.
So they can get across to youths in the families.
A Target retail store in Phoenix, Arizona stocks CDs with Spanish-speaking singers because its shoppers want to buy this type of item, even though the typical Target store does not stock this item. This is an example of:
Answer:
Managing diversity.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
The example in this scenario depicts managing diversity because the product isn't tailored to a particular language rather it's multilingual.
Alejandro was reprimanded for an accounting error by his boss in front of his co-workers. Alejandro gets home from his job and yells at his wife for not having dinner ready. His wife then yells at the children for leaving their toys all over the house. This BEST illustrates the use of a defense mechanism known as _____.
Answer:
displacement
Explanation:
Displacement is a psychological defense mechanism where the person redirected the emotion in a negative way via from the real source to the lower threatening receipt
As in the given situation, the husband yells his wife and then wife yells her children so this represent that they use the defense mechanism i.e. displacement
why is agriculture considered as a basic level of occupation explain with of explain with example
Answer:
Explanation:
Agriculture is important occupation throughout the world because it is like a backbone to all other occupations and especially its important for we humans to survive. If there is no agriculture then there will not be any healthy population to support any other occupation and hence a very poor world.
It is important to shop around for credit because banks and financial institutions have varying credit histories. charge different fees. follow different laws. have varying discriminatory policies.
Answer:
follow different laws
Explanation:
In simple words, Shopping around is really a good idea, whether you're obtaining your first credit account or you've already established credit and want more of it. Searching widely is often the only way to locate a lenders that will cooperate with you. It's also the greatest method to obtain a decent bargain in some instances.
Different creditors have different laws, which affect their terms and conditions regarding interest rate, tenure etc.
Answer: The answer would be:
B: charge different fees.
Explanation:
Edge 2023
Hope this helps! (^_^)
Allocating resources including people, equipment and money to carry out the company’s plans is the _________function of management.
Answer: Organizing
Explanation:
One of the key functions of management is to organize the resources of the business in such a way that the business is moved forward and its goals are accomplished.
The manager does this by allocating those resources to various plans and projects in an efficient enough manner that would help the company achieve its goals.
A conservation organization conducted several negotiations with the government to prevent the dissemination of mercury in several food products. Since the negotiations with the government were unsuccessful, the organization prepared a press release and used its website, social media, and email to reach its audiences to support its cause. The term used to define the organization's approach is ________ lobbying because it resorted to indirect tactics to achieve its goal.
Answer:
grassroots
Explanation:
From the question we are informed about A conservation organization conducted several negotiations with the government to prevent the dissemination of mercury in several food products. Since the negotiations with the government were unsuccessful, the organization prepared a press release and used its website, social media, and email to reach its audiences to support its cause. In this case, the term used to define the organization's approach is grassroots lobbying because it resorted to indirect tactics to achieve its goal.
Grassroots lobbying can be regarded as an approach which is separated from direct lobbying using the act or process that involves asking out general public so they can contact legislators as well as government officials partaining to any issue that is at hand, this act is different from conveying the issue or message at hand directly to the legislators.
Revenue is recorded when services have been performed or products have been delivered to customers. The accounting principle supporting this reporting is
Answer:
The revenue recognition principle
Explanation:
The revenue recognition principle states that revenue should be recorded when services have been performed or products have been delivered to customers and not when cash is received for the service rendered
For example, if a supplier delivers 10,000 worth of goods to consumers in November and is paid for the goods in December. Revenue should be recognised in November and not December.
Adam smith suggested that increase competition will allow prices to be kept
A. Umeasurable
B. High
C. Low
D. None of these
The argument of Adam Smith was that if there was competition, it would allow prices to be kept C. Low.
Who was Adam Smith?He was a leading economist in his day and has been credited with coming up with the Absolute Advantage theory.
He supported competition in the market because he claimed that more suppliers would equal a lower price as they competed for customers.
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Using a broader measure of the unemployment rate where discouraged workers and part-time workers who wished to work full time were counted as unemployed, the BLS estimates the unemployment rate in April 2017 would have ________ compared to the measured unemployment rate.
Answer: C) almost doubled
Explanation:
The unemployment rate does not include those who were so discouraged from looking for work that they stopped and those who work part-time jobs even though they don't get much pay.
The Bureau of Labor Statistics estimated that in April 2017, if these two groups of people had in fact being included in unemployment statistics, the rate would have almost doubled. This shows that too many people were either not working in the U.S. at that time or they were not working fully.
1. Compare and contrast brokers and agents with merchant wholesalers. 2. Discuss the major public relations tools and the roles played by the internet and social media. 3. Find three examples of advertisements that incorporate socially responsible marketing in their messages. Some companies are criticized for exploring social issues or organizations by promoting them for their own gain. Do the examples you found do that
Answer:
One is owner and the other provides services.
Explanation:
The main difference between brokers and merchant wholesalers is that Merchant wholesalers buy products from manufacturers and sell to other shopkeepers while on the other hand, Agents and brokers are the people who provide buying and selling services. between sellers and buyers as they receive commissions according to their sales and don't buy products directly from manufacturer. Interaction between people, communication and education are the major roles played by the internet and social media.
All of the following are true about a corporation except: multiple choice a corporation is separate from its owners. a corporation issues bond certificates to its owners. a corporation may be either privately held or publicly held. a public sale refers to selling stock on an organized stock market.
Answer:
a corporation issues bond certificates to its owners
Explanation:
In the corporation, the business entity is separated from the owners, it can be either public or private. Moreover, the public sale means the sale of the stock is to be made on the stock market i.e. organized.
But it does not issued the bond certificate to the owners of the corporation
So as per the given situation, this is not true option
All of the following are true about a corporation except a corporation issues bond certificates to its owners. The correct option is a.
A corporate bond is an instance of debt security that a company issues and sells to investors. The company receives the capital it requires, and the investor receives a predetermined number of payments for interest at either a rate of interest that is either fixed or variable. When the bond "reaches maturity," or expires, the payments come to the initial investment is returned.
The bond is generally backed by the company's ability to repay, which is determined by its future revenue and profitability prospects. Physical assets of the company may be used as collateral in some cases.
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A company budgeted unit sales of 204,000 units for January, 2013 and 240,000 units for February 2013. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales. If there were 61,200 units of inventory on hand on December 31, 2012, how many units should be produced in January, 2013 in order for the company to meet its goals
Answer: 214800
Explanation:
The number of units that should be produced in January, 2013 in order for the company to meet its goals will be:
= Budgeted sales + Ending inventory - Beginning inventory
= 204000 + (240000 × 30%) - 61200
= 204000 + 72000 - 61200
= 214800
Therefore, 214800 units should be produced.
An investor who commits a sizable portion of her portfolio to long-term AAA-rated bonds would be exposing herself to
Answer: uncertainty about the ability of the issuer to make timely payments of interest and principal
Explanation:
AAA refers to the highest possible rating which can be assigned to the bond of an issuer by the main credit rating agencies. It should be noted that AAA bonds possesses a high degree of creditworthiness.
An investor who commits a sizable portion of her portfolio to long-term AAA-rated bonds would be exposing herself to uncertainty about the ability of the issuer to make timely payments of interest and principal.
4. Consumption as a component of GDP refers to the expenditure of A. banks. B. household. C. producers. D. government.
PLEASE TELL A
B
C
D
If velocity is constant and, in addition, the factors of production and the production function determine real GDP, then: Group of answer choices nominal GDP is fixed. the price level is proportional to the money supply. real GDP is proportional to the money supply. the price level is fixed.
Answer:
the price level is proportional to the money supply.
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.
The four factors of production are;
I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.
II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.
III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.
IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).
These four (4) factors of production when combined effectively and efficiently are used for the manufacturing or production of goods and services that meets the unending requirements or needs of the consumers.
In Economics, if velocity is constant and, in addition, the factors of production and the production function determine real gross domestic product (GDP), then the price level for goods and services is said to be directly proportional to the money supply in the economy.
The inability of lower-income groups to sustain the same lifestyle as higher-income groups in the same community is known as:
Answer:
Relative deprivation
Explanation:
Relative deprivation is the inability of lower income groups to sustain the same lifestyle as higher income groups in their same lifestyle as higher income groups in their same community, often resulting in feelings of anxiety and inferiority.
It is the lack of resources such as money, food, clothes, rights, social equality necessary to maintain the quality of life considered acceptable within a given socioeconomic group.
Relative deprivation is a feeling of being worse of than the people one mingles with. For instance: when your group of friends or colleagues all have a car but you couldn't afford one at the moment.
Merkel Corporation issues $200,000 face amount bonds with a stated interest rate of 6%. If the market interest rate is 5%, the bonds will issue at
Answer:
At a premium to the face amount
Explanation:
The bond has a higher coupon rate compared to its market interest of 5%, hence, the bond would be issued at a premium, in other words, the proceeds from the bond issuance would be more than the face amount of $200,000 as shown below using a financial calculator bearing in mind that the calculator would be set to its default end mode before making the following inputs:
N=20(let us assume it has 20 years to maturity and pays a coupon annually)
PMT=12000 (annual coupon=face value*coupon rate=$200,000*6%=$12,000)
I/Y=5(market interest rate without the % sign)
FV=200000
CPT
PV=$224,924.42($24,924.42 premium)
If a family planned to spend $370 for food during March but only spent $348, this difference would be referred to as a:
Answer:
Surplus
Explanation:
Given:
Family planned to spend = $370
Amount spend = $348
Find:
Amount of surplus
Computation:
Amount of surplus = Family planned to spend - Amount spend
Amount of surplus = $370 - $348
Amount of surplus = $22
A surplus is the quantity of an item or resource that is greater than the amount that is actively used.
Mother and Daughter Enterprises is a relatively new firm that appears to be on the road to great success. The company paid its first annual dividend yesterday in the amount of $.28 a share. The company plans to double each annual dividend payment for the next three years. After that time, it is planning on paying a constant $1.50 per share indefinitely. What is one share of this stock worth today if the market rate of return on similar securities is 11.5%
Answer:
$12.43
Explanation:
Price of the stock can be determined by calculating the present value of the stock
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = 0.28 x 2
Cash flow in year 2 = 0.56 x 2
Cash flow in year 3 = 1.12 + 1.50 0.115
I = 11.5
PV = 12.43
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Swifty Company developed the following information about its inventories in applying the lower-of-cost-or-net realizable value basis in valuing inventories. Product Cost Net realizable value A $112000 $122000 B 84000 76000 C 153000 156000 If Swifty applies the LCNRV basis, the value of the inventory reported on the balance sheet would be $354,000. $362,000. $341,000. $349,000.
Answer:
$341,000
Explanation:
Calculation to determine what the value of the inventory reported on the balance sheet would be
Inventory value=$112000+ 76000+153000
Inventory value=$341,000
Therefore If Swifty applies the LCNRV basis, the value of the inventory reported on the balance sheet would be $341,000
A company is planning to conduct an IPO and has decided to list its stock on Nasdaq. If the company currently has nine directors on its board, but only four of them are independent, the company must appoint a minimum of:
Answer: D. Two new independent directors
Explanation:
Nasdaq rules require that companies listing should have more independent directors on a board than dependent ones as it is believed that they would be able to better protect the interests of shareholders.
In order to fulfill this requirement therefore, the company would have to appoint two new independent directors which would increase the number of directors to 11 and the number of independents to 6 thereby giving them a majority.
Which regulation primarily cover medical retention standards? AR 40-501 AR 220-1 AR 600-8-1 FM 6-22
Answer:
The regulation that primarily covers medical retention standards is
AR 40-501
Explanation:
AR 40-501 provides the guidelines for determining the medical fitness of US Armed personnel. This implies that those who do not meet the requirements are not retained for military services. The AR = Army Regulation. AR 220-1 deals with the protection of immigrants and refugees. AR 600-8-1 deals with armed personnel casualties while FM 6-22 is about Army publications.
The purpose of a(n) ______ payment is to facilitate the performance of duties that a government has already obligated itself to do.
Answer:
grease
Explanation:
A facilitation payment that contains the small bribe is called as the grease payment that solicited to expedite the performance of the transactions that are done on regularly basis or the service in which the company makes the payment is considered to be legal at the time of receiving it
So as per the given situation, it is a grease payment where the government has already the liability to do
A document that refers to a customer billing for merchandise bought on credit is called a(n):
Answer:
Invoice
Explanation:
A sales transaction can be defined as a business transaction between two or more individuals or organizations, which generally involves the buyer purchasing either a tangible or intangible goods and services from the seller (service provider) through the use of money, credit cards or vouchers.
An invoice can be defined as an accounting document which is used for recording the essential details of the payment of goods and services made by a customer. It is the first step in the sales transaction, as it is expected that the seller or service provider makes it available and issues it for all sales transactions. Also, it is an essential accounting document which serves as an evidence of payment and delivery of goods and services to the customer.
In conclusion, a document that refers to a customer billing for merchandise such as finished goods like television, smartphone, shirt, trouser, cup, radio, furniture, etc., bought on credit is called an invoice.