Answer: Small Business Development Centers
Explanation:
Small business service organizations that are patterned after the Agricultural Extension Service are known as Small Business Development Centers.
Small Business Development Centers help in giving assistance that are business-related and also help in giving knowledge to entrepreneurs in order to help them begin and run their business.
An association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup costs of businesses are called
Answer:
KYES
Explanation:
KYES are clubs created by Korean Americans in which the members make a contribution and the money gathered is used to provide loans to start businesses. According to this, the answer is that an association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup costs of businesses are called KYES.
A company has been complaining about costs and wants to increase the number of burgers its employees can wrap in an hour. You've already tested employees and don't really want to add another test because it affects your budget! The boss insists you add another assessment instrument to up the number of burgers wrapped per hour, so you start the test-review process first looking at:
Answer:
c. Face validity
Explanation:
Since in the question it is mentioned that the company complaints with respect to the cost, also dont want to add other tests that leads to an ncrease in budget
Also, it the other assessment instrument would be added so this scenario represents the face validity that deals in the study or not for particular measures
Therefore the correct option is c. Face validity
Which example is an economic property but not a law?
"No stealing."
"Buy low and sell high."
"All exchanges must benefit both parties."
"Consumers and producers must agree on prices."
Answer:
The correct option is;
Buy low and sell high
Explanation:
To "buy low and sell high" is a market strategy that involves the idea of buying stocks or goods or other financial instruments, when the market value is at the lowest, and sell when the prices are high or at their peak
That is a profit is made when traders buy stocks or goods at a price lower than they sell
The idea to buy low and sell high is aptly applied to stock market trading that have cycles of high and low prices. But it is also very much applicable to real estate and property, as these are more tangible items although they operate sometimes at a smaller scale.
Answer:
B) "Buy low and sell high."
Explanation:
i took the test and it was correct :))
The charter of a corporation provides for the issuance of 107,000 shares of common stock. Assume that 50,000 shares were originally issued and 11,500 were subsequently reacquired. What is the number of shares outstanding?
Answer:
The number of shares outstanding is 38,500
Explanation:
Issued shares 50,000
Less:treasury stock -11,500
Shares outstanding 38,500
Nishimatsu's habit of chatting with flight attendants and working alongside them is one of the key characteristics that lead to a high-performing organization. Which is it
Answer: Being well informed
Explanation:
Customer service is the sole skill every organization should be out for. They are certain things done to clients that are outside the service but this minute things are what actually draw the client and makes them always come back for more of your services. Nishimatsu's capability to relate very well with flight attendants shows the good work the company would have emphasised in customer care.
To ensure the right clerk is selected for an opening, a law firm reviews all résumés electronically and assesses candidates through several interviews. This is an example of _______ control. concurrent feedforward output bureaucratic clan
Answer:
This is an example of _______ control.
Correct Answer:
bureaucratic
Explanation:
Bureaucratic control is a situation whereby the a structure and set of rules are mapped out that helps to control the activities of people that work for large organizations and government. Selecting a right clerk has to follow the already mapped process in the said firm (That is review of resumes electronically, assess candidate through several interviews etc)
When a company hired Marcus who turned out to be a poor performer, which assessment outcome occurred?
Answer: False positive
Explanation:
From the question, we are informed that when a company hired Marcus who turned out to be a poor performer, the assessment outcome that occurred is being referred to as the false positive.
True negative is when someone is rejected because it is believed that the person won't perform well when employed.
Which of the following is not a reason analyst recommendations are often more optimistic than warranted by an objective analysis of the facts?
A) Many analysts fail to grasp the gravity of the problems facing a company.
B) Sell recommendations generate lower commissions than buy recommendations.
C) The firms for which analysts work may have lucrative investment banking relationships with the firm.
D) Analysts are often pressured by their superiors to overlook negative information.
Answer:
B
Explanation:
Analysts are involved in the assessment and evaluation of a business' risk and the report provided to relevant stakeholders.
The work of an analyst can be biased compared to an objective analysis due to certain factors.
Due to large of adequate knowledge or preparation , an analyst may fail to grasp the gravity of the problems facing a company. There may also be a lucrative investment banking relationship with the firms , hence the risks involved are not exposed early.
Another point is subjectivity , where an analyst is pressured to overlook negative information in order to provide an impressive information about its client
To estimate a stock's beta from historical data, we should regress the (excess) return of the stock on the (excess) return of _____.
Answer:the market portfolio
Explanation:
The beta is simply used to determine the movement of an individual asset when there's a rise or decrease in the entire stock market.
Therefore, to estimate a stock's beta from historical data, we should regress the (excess) return of the stock on the (excess) return of market portfolio.
Chevron identified their desired outputs and then worked backward by examining the supporting processes. They used a holistic approach that led the company to examine the interdependencies among processes used in different business units. This is a _________ approach.
Answer:
BPR
Explanation:
In this scenario, Chevron identified their desired outputs and then worked backward by examining the supporting processes. They used a holistic approach that led the company to examine the interdependencies among processes used in different business units. This is a Business Process Reengineering (BPR) approach. It is a radical approach and process to redefining a business entity so as to enhance productivity.
Sweet Stuff Sugar Source ships product all over the world. Since the product it ships has a low value-to-weight ratio, transportation costs are
Answer:
a large percentage of the total cost
Explanation:
When a product has a high value to weight ratio it means it is expensive and the weight is light. For products with low value to cash ratio they are cheap but have large weight.
Low value to weight ratio goods are more expensive to transport and they do not make up the high transportation cost because they are also cheap.
In this scenario Sweet Stuff Sugar Source ships low value to weight goods all over the world. So their transportation cost will be high and it will make up a large percentage of total cost.
Authentic Thai rattan chairs are delivered to Gary Schwartz's chain of retail stores, called The Kathmandu Shop, once a year. The reorder point, without safety stock, is 200 chairs.
Carrying cost is $30 per unit per year, and the cost of a stockout is $80 per chair per year.
Given the following demand probabilities during the lead time, how much safety stock should be carried?
Demand during lead time Probability
0 0.2
100 0.2
200 0.2
300 0.2
400 0.2
The optimal quantity of safety stock which minimizes expected total cost is _ units (enter your response as a whole number).
Answer:
The optimal quantity of safety stock which minimizes expected total cost is _ units is 100 units.
Explanation:
Incremental Costs would be considered here to evaluate which safety stock level is the best for the company.
The working is as under:
Safety Stock Carrying Cost Stock-out Cost Total Cost
0 0 (100*0.2 + 200*0.2) * 80 4,800
100 100*30 = $3000 (100 * 0.2) * 80 1,600
200 200*30 = $6000 (200 * 0.2) * 80 3,200
The total cost has started growing as the safety starts growing above the 100 units level. This means that the safety stock must be 100 units as the cost at this level is the lowest to the company.
Inventory is termed as the accounting name of the stock of the goods and services in the economy. This is the produced level of the final goods of the firm.
100 units are the optimal quantity of safety stock for reducing the anticipated total cost.
Here, incremental costs would be considered to determine whether the level of inventory level is optimum for the firm.
The calculation is as shown below:
Safety Stock Carrying Cost Stock-out Cost Total Cost
0 0 [tex](100\times0.2 + 200\times0.2) \times 80[/tex] 4,800
100 [tex]100\times30 = \$3000[/tex] [tex](100 \times 0.2) \times80[/tex] 1,600
200 [tex]200\times30 = \$6000[/tex] [tex](200 \times 0.2) \times 80[/tex] 3,200
The overall cost has risen up when the degree of safety rises above 100 units. This indicates that the safety stock must be 100 units because the company's cost becomes the least at this point.
To know more about the inventory and its calculation, refer to the link below:
https://brainly.com/question/15838495
The major diversification strategy through which products are produced that are technically similar to the company’s current products but appeal to a new consumer group is:
Answer:
a. Concentric diversification
Explanation:
The concentric diversification is a diversification in which a company purchased or developed its new products that are closely related to that product in which the company is dealing in order to enter one or more markets
Here in the given situation, since the company produced that product that are same to their current markets so that they could enter into a new customer group so this represents the concentric diversification
Your new customer directs you to open a cash account. He wants to give trading authorization to his brother but does not want his brother to have any other authority in the account. The two required documents needed by your firm to open the account as directed would be a new account form and:___________.
Explanation:
get a better amount of money
is also known as ‘value chain’ a. Organizational Hierarchy b. Supply Chain c. Information Chain d. None of the above
Answer:
b. Supply Chain
Explanation:
The Supply Chain is the management of flow goods or services from the sourcing of suppliers of raw materials to the dispatcher of customer order. This is sometimes known as the value chain.
A plant's fixed overhead costs total $500,000 for a year to produce 400,000 widgets, among other items. If machine‐hours are used as an allocation base, all processes use a total of 40,000 machine‐hours, and widgets use 16,000 of these hours, what is the fixed overhead applied to each widget? Group of answer choices
Answer:
$0.5
Explanation:
A plant's fixed total overhead cost is $500,000 for a year
400,000 widgets are required to be produced for this period
All processes require a 40,000 machine hours and the widgets use 16,000 hours out of the total hours
The first step is to calculate the fixed overhead application rate
= $500,000/40,000
= $12.5 machine-hour
The fixed overhead that is applied to the widgets can be calculated as follows
= $12.5 × 16,000
= $200,000
Therefore, the fixed overhead that is applied to each of the widgets produced can be calculated as follows
= 200,000/400,000
= $0.5
Hence the fixed overhead that is applicable to each widgets is $0.5
Prescott Bank offers you a $23,000, 6-year term loan at 8 percent annual interest. What will your annual loan payment be?
Answer:
Annual payment= $3,901.78
Explanation:
Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.
The monthly instalment is computed as follows:
Monthly installment= Loan amount/annuity factor
Loan amount; = 23,000
Annuity factor = (1 - (1+r)^(-n))/r
r -monthly rate of interest, n- number of months
r- 8%/12 = % = 0.6667 , n = 8 × 12 = 96
Annuity factor = ( 1- (1+0.6667)^(-96))/0.6667
= 70.7370
Monthly installment = Loan amount /annuity factor
= 23,000/70.7370 = 325.15
Annual payment = 12× 325.15 = $3901.78
Annual payment= $3,901.78
When making a decision, irrelevant items are included in the analysis of both alternatives when using ______. neither the differential nor total cost approach both the differential and total cost approaches
Answer:
The correct answer is the first option: Neither the differential nor total cost approach.
Explanation:
On the one hand, the "Differential Cost" approach refers to method used by the managers when they have two alternatives and have to choose between one of them. This approach considers the difference between those alternatives and show the manager which one is the best option to take. It is only used for decision making process so there are no irrelevant items included in this analysis.
On the other hand, the "Total Cost" approach is another method used by a company with the purpose of calculating certain costs that a company faces and it only considers all the relevant activities instead of seeing things individually.
On June 1, 2015 Heloise gave Henrietta a gift of stock worth $10,000. Heloise had purchased the stock on January 1, 2015 for $13,000. Henrietta sold the stock to an unrelated party on January 1, 2016 for $13,500. What is the amount and character of Henrietta's gain or loss upon the sale?
Answer:
$500 short-term capital gain
Explanation:
Henrietta's gain = selling price - stock's basis = $13,500 - $13,000 = $500
Since Henrietta received the stocks on June 1, 2015, and sold them on January 1, 2016, only 7 months had passed, therefore, this transaction would be considered a short term capital gain.
When a gift is sold (in this case the stocks), a taxpayer can use the basis for computing gains. If the stocks were sold at a loss, Henrietta should use the lower value (at the moment of the gift) to determine her loss.
House of quality is a part of the quality function deployment process that utilizes a planning matrix to relate customer "wants" to "how" the firm is going to meet those "wants"
Answer:
True.
Explanation:
A quality function deployment can be defined as a measure of customer wants or requirements and developing them into processes (how) that each functional area of the manufacturing firm can understand and work with.
House of quality is a part of the quality function deployment process that utilizes a planning matrix to relate customer "wants" to "how" the firm is going to meet those "wants." House of quality is used in product development by providing inter-functional communications and planning in a manufacturing firm through the informations sourced from customers.
Guardiola inc factored $2,300,000 of account receivable with mourinho finance on a with recourse basis. the recourse provision has a fair value of $75,000. moutinho finance assessed a finance charge of 3% of th total account receivable factored and retained an amount equal to 2.5% of the total receivables to cover sales discount. as a result of this transaction, Guardiola's:_______.
a. assets go down by 5319.000.
b. liabilities go up by 557,500.
c. equity goes down by $144.000.
d. assets go up by 569.000.
Answer:
c. equity goes down by $144.000.
Explanation:
The computation of the given transaction is shown below:
Loss on sale of Receivables
= Finance charge + Recourse value
= ($2,300,000 × 0.3) + $75,000
= $69,000 + $75,000
= $144,000
This loss on the sale of receivable results in the decrement of an equiy for $144,000
Hence the correct option is c.
All other options are wrong
On September 30, Year 5, Saucier Company declared a 15% stock dividend when its stock was selling for $10 per share. As a result, Saucier will issue 20,000 additional shares of its $2 par value common stock. All outstanding shares were originally issued for $6 per share. What will be the decrease to stockholders' equity as a result of the declaration and distribution of the stock dividend
Answer:
$0
Explanation:
There is no decrease in stockholders' equity resulting from this transaction. Simply, the retained earnings account decreases (debited) and the common stock and additional paid in capital accounts increase. E.g. when the stock dividends are declared the following journal entry must be made:
Dr Retained earnings 200,000
Cr Common stock dividends distributable 40,000
Cr Additional paid in capital 160,000
All the accounts involved in this transaction are equity accounts.
"A customer holds 1,000 shares of ABC stock valued at 80 in a margin account. The debit balance in the account is $35,000. ABC declares and pays a 20% stock dividend. The tax consequence of the distribution to the investor will be:"
Answer: Reduction of cost basis per share
Explanation:
It should be noted that Under IRS rules, when stock dividends are being received, they are not taxable at that particular time as shareholders haven't gotten any return from the stock yet.
The Stock dividend will then lead to reduction in cost basis per share. Therefore, based on the scenario in the question, the tax consequence of the distribution to the investor will be reduction of cost basis per share.
If your income increases and your consumption of bagels increases, other things equal, bagels are considered:
Answer:
d. normal good.
Explanation:
The normal goods are the goods which show the direct relationship between the income and quantity demanded also its elasticity of demand is more than one that means it appears in positive which we called as elastic demand
Therefore in the given case it is a case of normal goods as the income increases also the consumption of bagels also increased
hence, the correct option is d,
The Western Acres neighborhood is a highly desirable area in which homes very seldom go on the market. The Western Acres properties placed on the market sell very quickly and usually for or above asking price. Which principal of real estate applies to the homes in Western Acres?
The audience's perception of a speaker's competence, trustworthiness, and dynamism is termed A) credibility. B) charisma. C) character. D) personality.
Answer:
A) credibility
Explanation:
Credibility can be defined as the quality of being trusted and believed in.
The audience have been able to perceive the competence, trustworthiness and the dynamism of the speaker, and these are the criteria to judge credibility.
The availability of the product processed, prepared, in proper condition, and/or ready to use is referred to as:
Answer: Form utility
Explanation:
Form utility is defined as how well prepared a product is to serve a customer. In some scenario's, companies produce product to meet the exact need of the customer. The form on how prepared the product is or how ready it is for the market(customer) is known as form utility.
ABC Company had 500 units of XYZ in its inventory at a cost of $4 each. It purchased, for $2,800, 300 more units of XYZ. ABC then sold 400 units at a selling price of $10 each, resulting in a gross profit of $1,600. The cost flow assumption used by ABC:__________
Answer:
ABC company uses the average cost method
Explanation:
beginning inventory 500 units at $4 = $2,000
purchased 300 units at $9.33 = $2,800
sold 400 units at $10 = $4,000 ⇒ gross profit = $1,600
under LIFO, cost of goods sold = $2,800 + $400 = $3,200, gross profit = $800
under FIFO, cost of goods sold = $1,600, gross profit = $2,400
under average cost, cost of goods sold = ($4,800 / 800) x 400 = $2,400, gross profit = $1,600
Which one of the following is something to look for in identifying a company's culture? A. the atmosphere, spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices B. the track record in meeting or beating its financial and strategic performance targets C. the intensity and makeup of the company's value chain D. the strategic intent and competitive strategy inherent within the company's efforts for successful strategy execution E. the resource strengths, core competencies, and competitive capabilities that permeate the organization
Answer:
A. the atmosphere, spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices
Explanation:
Culture is the normally acceptable social behaviour that is expected from someone in a group. It includes beliefs, knowledge, art, law, capabilities, and habits of the group.
The process by which the culture of a group is imbibed is through learning and socialisation.
The norm of a group is the acceptable way one is expected to behave in the group. Like the way one dresses and language.
A company's culture is expressed in the spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices.
Zappos' saying is "We hope this is the last job you ever have." This demonstrates Zappos' focus on the _____ element in its operations.
Answer: a. human relations
Explanation:
Zappos saying that they hope their company will be the last company the employees work for is them saying that they hope their employees will find working in Zappos constantly alluring such that they would never want to leave (at least until retirement).
It can therefore be inferred from this that Zappos puts in the necessary effort to retain its employees by focusing on human relations in its operations such that employees fill more motivated and fulfilled at Zappos.