Answer:
environmental
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
In Business management, the five (5) main organizational features which are capable of changing the direction of a company or business firm are classified as;
I. Culture.
II. Processes.
III. Politics.
IV. Environmental.
V. Structure.
Generally, it is expected that managers understand how the aforementioned organizational features can influence their business so as to build and use informations systems (IS) to drive the business successfully.
The internal and external elements such as government, competitors, customers, and suppliers that affect various parts of an organization are examples of environmental organizational feature.
Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.
The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.
On the other hand, external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.
Why is price important to a company?
A.
It covers their costs.
B.
It is a part of the marketing mix.
C.
It makes customers purchase their products.
D.
It brings the company profits and decides its ability to survive in the market.
Answer:
B. It is a part of the marketing mix.
Explanation:
Price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.
Price is important to a company because it is a part of the marketing mix.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
Price is generally considered to be a variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.
Top Breakfast Cereal producers - company name, most current market share, signature
products
1. #1
share % Signature products
2. #2
share % Signature products
3. #3
share % Signature products
4. #4
share % Signature products
Answer:
1. Kellogg Company - 30.1% market share - signature products: Froot Loops, Corn Flakes, Apple Jacks.
2. General Mills - 29.85% market share - signature products: Cheerios, Nature Valley, Lucky Charms.
3. Post Holdings - 18.92% market share - Honey Bunches, Fruity Pebbles.
4. Private Label - 7.48% market share - Muesli, Choco-Shells
Relative to a flat organizational structure, a tall structure has a _____ span of management and _____ hierarchical levels.
Answer:
Relative to a flat organizational structure, a tall structure has a Narrow span of management and more hierarchical levels.
Mary Kay Cosmetics and Amway sell their products through home and office sales parties, online websites, and social media. Both companies use a(n) ________ channel to distribute their offerings.
Answer:
Direct channel
Explanation:
A channel of distribution (also known as marketing channel) involves a group of interdependent organizations who work together to make a product or service available for use or consumption, as well as providing a means of payment to the provider.
A direct channel of distribution is a type of distribution in which product and services are made readily to the consumer by the producers without using any intermediaries.
One way of dealing with the tradeoff between range and precision is to abandon the concept of a fixed ____________________ point.
Answer:
"Radix" is the correct answer.
Explanation:
An official information type representation over a certain integer with a specific percentage of numbers just after the point (radix), is defined as a fixed point.A symbolic sign for the separation of such an integers component from its population proportion throughout mathematical recognition is termed as a Radix point.Thus the above is the correct answer.
Gidgits Galore has borrowed $10,000 to buy new shelves to display its millennial version of the gidgit. The bank negotiated the use 1,000 gidgits as
collateral and then filed a UCC-1 Financing Statement with the Register of Deeds where Gidgits Galore has its headquarters. The bank is an
unsecured creditor.
O True
O False
Answer:
False. The bank is NOT an unsecured creditor.
Explanation:
An unsecured creditor can be described as an individual or institution that lends money without requiring the borrower to put up any assets as collateral.
Financing Statement is a statement that a creditor files to notify interested parties that he has a security interest in a personal property of a debtor. The personal property is therefore held as collateral in a secured transaction, such as a loan or a lease.
Since the bank negotiated the use 1,000 gidgits as collateral and then filed a UCC-1 Financing Statement with the Register of Deeds where Gidgits Galore has its headquarters, it implies that the bank is a secured creditor.
Therefore, the bank is NOT an unsecured creditor.
If a price index rose from 16.2 in 2010 to 22.5 in 2019, what would the inflation rate be over the period
Answer:
3.8%
Explanation:
The price rose from 16.2 to 22.5 from 2010 to 2019
16.2-22.5/16.2 ×100
= 6.3/16.2 × 100
= 0.38×100
= 3.8%
____________ involves a review of the sales, costs, and profit projections for a new product to find out whether they satisfy the company's objectives.
Answer:
Business analysis
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.
Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.
This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.
Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
People who are not currently employed but say they want a job are counted as unemployed only if they _____
Answer:
B
Explanation:
a. have previously held a job.
b. are actively seeking employment at least in the past 4 weeks.
c. are only willing to accept a reasonable offer.
d.are more than 21 years of age.
A person is unemployed if she does not have a job but is actively seeking employment
types of unemployment
structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.
The geologist lost his hob permanently due to increase in wages (polices)
Frictional unemployment: the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.
Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.
_____ is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.
Answer:
Enterprise resource planning is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.
Enterprise Resource Planning (ERP) is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.
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Bambi is buying a property on an installment sales contract. Due to her financial interest in the property, she retains equitable title. What does the seller retain
Answer:
Legal title
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement and this is generally referred to as mutual assent
In this scenario, Bambi purchased a property using an installment sales contract.
An equitable title can be defined as the right of an individual to use and enjoy an asset (property) due to his or her financial interest in the asset.
On the other hand, a legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.
Hence, Bambi would retain an equitable title from the purchase of the property due to her financial interest in this property while the owner of the property (seller) retains a legal title.
A contract is defined as an agreement that defines and binds the personally legally. It may involve the exchange of goods and services.
Since he is buying a property on an installment of the sales contract which due to her financial insurers in the property remain entitled is know as the legal title. It represents the actual ownership of the proper and is visible by the public records.Learn more about the due to her financial interest in the property
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Norah's goal for her upcoming sales call is to sell 10 cases of anchovies to Darby's Diner, though she would be willing to accept an order for just five cases, too. Additionally, she is planning to approach the owner to enter into an agreement to purchase anchovies only from her supplier. For Norah, setting up a straight rebuy situation with Darby's Diner is her __________ in this scenario.
Answer:
optimistic call objective.
Explanation:
Salespeople can be defined as a group of individuals or employees who are saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.
In sales and marketing, the term closing with respect to a sales can be defined as the process of making a business sale successful such as through the exchange of money for a particular product or goods.
For a salesperson to be able to close a sales, he or she require abilities such as courage, negotiation skills, listening ears and interpersonal skills to do so or achieve a successful sales.
For Norah, setting up a straight rebuy situation with Darby's Diner is her optimistic call objective in this scenario.
An information system that contains the specialized knowledge and decision rules used by experts and experienced decision makers so that nonexperts can draw on this knowledge base to make decisions is referred to as a/an _____________.
Answer:
decision support system.
Explanation:
A decision support system is an intelligent system that automates the organizational decision process by collecting data regarding organizational processes and logical and quantitative learning of factors that directly impact a business.
It is then configured as a very effective tool to reduce the risk inherent in the decision-making process of an expert who does not have much experience to make a decision based on their own knowledge.
Mr. Grove is particularly concerned about the best policies for creating good-paying jobs in the United States. He noted there is a lot of awareness of, and thus funding going toward, starting new companies in the U.S. What does he think is a better use of the financial resources of the United States in this regard
Answer: incentives to invest in large-scale projects built within the U.S., such as building batteries for electric cars.
Explanation:
An incentive is the “cash or near-cash assistance that's provided in order to either retain or attract business operations.
Following the information given in the question, Mr Grove believes that incentives to invest in large-scale projects built within the U.S., such as building batteries for electric cars will be a better use of the financial resources of the country.
In order to encourage more interdepartmental communication and cooperation, Angelica is thinking about setting up groups of workers from different departments to work together on a long-term basis. She is even thinking about asking people from some of Mucho Dinero's suppliers, customers, and distributors to join these groups. The type of group that Angelica is considering is known as a(n)
Answer:
Cross functional team
Explanation:
When a team or group is composed of individuals with different functional expertise, technical skills or prowess, then we could call the group a cross functional group or team. The word cross function means that the group with the help of team work is capable of performing or functioning across a number of differ roles and taking up diverse responsibilities. A cross functional team may be composed of a finance expert, a human resource specialist, an engineer and so on. The team my be assembled depending on the task at hand and what the organization aims to achieve.
When the Federal Reserve decreases the federal funds target rate, the lower rate is achieved through a. purchases of government bonds, which reduces interest rates and causes people to hold more money. b. purchases of government bonds, which reduces interest rates and causes people to hold less money. c. sales of government bonds, which reduces interest rates and causes people to hold less money. d. sales of government bonds, which reduces interest rates and causes people to hold more money
Answer:
a. purchases of government bonds, which reduces interest rates and causes people to hold more money.
Explanation:
In the case when the federal reserve want to reduce the rate so federal reserve purchased the government bonds from the members of the bank. Also the deposit should be credited to the balance sheet of the bank that provides the more reserve as they needed .This represent that bank should lower the fund rate of federal reserve in order to lending out the additional funds
When the decision maker prefers a guaranteed payoff value that is smaller than the expected value of the lottery, the decision maker is
Answer:
Risk avoider
Explanation:
Answer to the following question is risk avoider;
A risk avoider is someone who makes decisions because they are afraid to make mistakes. A risk avoider is a person who exclusively examines options that do not contain any hazards. A risk avoider avoids making actions that might result in a disastrous outcome.
If the two countries have the same amount of resources and the same technological knowledge, which country has an absolute advantage in the production of popsicles
Answer:neither does
Explanation:
Which option will cause a business to lose money from a failing product
Group of answer choices.
A. Rebrand the product
B. Spin off the product
C. Discontinue the product
D. Continue the product
Answer:
D. Continue the product
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
A product that is at the decline stage is generally referred to as a failed product and wouldn't generate profit or much revenue for the manufacturer because it has little economic importance.
This ultimately implies that, continuing with a failed product is an option which will cause a business to lose money from a failing product.
Answer:
D. Continue the product
Explanation:
Which option will cause a business to lose money from a failing product Continue.
A lease agreement contains a clause that gives the tenant the right to purchase the property at a specified price. This type of agreement is called a
Answer: Finance Lease
Explanation:
There are two main types of leases which are operating leases and finance leases. Operating leases work much like an asset being rented so no ownership is passed from the person leasing to the leasee.
When it comes to finance leases however, the person leasing treats the asset as if it is their own. They record depreciation and list it as an asset in their balance sheets. At the end of the lease term, the leasee then has the option to purchase the asset.
When Dunkin Donuts decided to expand into the international markets of India, Japan, and Argentina, management realized that there would be significant differences in the standards of living, credit, buying power, and income distribution in those countries. Dunkin Donuts is currently examining the ____ forces in its environmental analysis.
Answer:
economic
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Thus, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Economic forces can be defined as the factors that influence and determine the level of success, competitiveness and the direction of the economy in which a business firm operates in
In this scenario, Dunkin Donuts is currently examining the economic forces in its environmental analysis.
Basically, economic forces include the inflation rate, standards of living, unemployment rate, credit, law, purchasing power, tax rates, government policies, and income distribution of a particular country.
Ted is a favorite among his subordinates, as he gets directly involved in the minute details of their work. He is task-oriented and has clear knowledge on critical operational details of his team. In this context, Ted can be considered a(n) _____ leader.
Answer:
ingratiating.
Explanation:
It is correct to say that Ted can be considered an ingratiating leader, which is a technique used to improve personal relationships through the use of sympathy, assistance, interest and collaboration, so that there is a positive influence on people and consequently greater individual willingness to respond to expectations of that person.
As the question explains, Ted has the sympathy of subordinates and is considered one of the favorite leaders because he gets involved in the work, understands the workers and helps with tasks, so he is a ingratiating leader.
Suppose the money market, drawn with the value of money on the vertical axis, is in equilibrium. If the money supply increases, then at the old value of money there is an a. excess demand for money that will result in a decrease in spending. b. excess demand for money that will result in an increase in spending. c. excess supply of money that will result in a decrease in spending. d. excess supply of money that will result in an increase in spending.
Answer: excess supply of money that will result in an increase in spending
Explanation:
The money market refers to the total amount of money that's in circulation in an economy at a particular time.
If the money supply increases, this implies that there'll be more money available for the people in the economy to spend. This ultimately leads to the increase in the demand for goods and services in an economy.
Therefore, the correct option will be "excess supply of money that will result in an increase in spending".
If your competitive bid for a Treasury bill is successful, then you will A. certainly pay less than if you had submitted a noncompetitive bid B. probably pay more than if you had submitted a noncompetitive bid. C. pay the average of prices offered in other successful competitive bids. D. pay the same as other successful competitive bidders.
Answer:
B. probably pay more than if you had submitted a noncompetitive bid.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
The buying and selling of bonds owned by government by the Federal Reserve is generally referred to as open market sales.
An open market sale of U.S. Treasury securities by the Fed will cause the Banking System's balance sheet to show no net change in assets or liabilities, only a change in the composition of assets with securities increasing and reserves decreasing.
If your competitive bid that involves having other investors bidding for a Treasury bill is successful, then you will probably pay more than if you had submitted a noncompetitive bid.
B. probably pay more than if you had submitted a noncompetitive bid.
Correct me if im wrong ^_^
The boss stops providing free coffee to the workers when the monthly sales goal is not met. This is an example of:
Answer:
negative incentive
Explanation:
Rodney was employed by Deluxe Discount Store. Rodney's manager directed him to check the prices of dog food at Huge Savings Store. The manager of Huge Savings Store saw Rodney writing down prices and asked him to leave. Rodney, fearful that he would be fired by Deluxe, refused to leave. Rodney committed the tort of
Answer:
Trespass
Explanation:
Tort of trespass involves an individual encroaching into one’s property. This is usually done without the owner’s permission and is punishable by law in saner climes.
Rodney being fearful and refusing to leave Huge savings store means he has trespassed into the property which translates to Rodney committing the tort of trespass.
Even though there are many state-owned businesses in China, many Western businesses feel that they should still invest in the country because
Answer:
The nation is moving toward a market-based system
Explanation:
Capital
This is simply tools, equipment, machinery, and buildings used to produce goods and services.
Economic System
This is simply refered to as the way or method used by a society to allocates its resources (land, labor, capital and entrepreneurship) to satisfy its needs.
Command economy
This is known as an economic system that depends on the central government to make all of the decisions in terms of supply and demand rather than allowing the market to freely identify consumers' demands and industry's ability to supply
Mr. Garrett has just entered his MA Initial Coverage Election Period (ICEP). What action could you help him take during this time?
a.
If he has a disability, he must enroll in Original Fee-for-Service Medicare during the MA Initial Coverage Election Period.
b.
He will have a nine month period during which he may enroll in as many Medicare Advantage plans as he chooses, with the last enrollment being the effective one.
c.
He may change or drop MA plans, but may not drop drug coverage.
d.
He will have one opportunity to enroll in a Medicare Advantage plan.
The answer is that "He will have one opportunity to enroll in a Medicare Advantage plan".
It should be noted that the Initial Coverage Election Period (ICEP) simply refers to a period of time which is for three months before the person will be entitled to Medicare Part A.
Since Garrett has just entered his MA Initial Coverage Election Period, he will have one opportunity to enroll in a Medicare Advantage plan.
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if the invoice is incorrect, recalculate
20 dresses at $15 each 350.00
Less 10% trade discount 12.00
Add tax at 18% 41.04
Total 360.67
Terms 30 days net
Answer: $318.60
Explanation:
20 dresses at $15 each will cost:
= 20 × $15 = $300.00
Less: 10% trade discount = 10% × $300 = $30.00
Add tax at 18%: = 18% × ($300 - $30) = 18% × $270 = $48.60
Total = $270 + $48.60 = $318.60
Frank is the expert on the credit pricing process. He knows all the ins and outs. His employees just follow his process and are very efficient. His leadership style is
Answer:
"Autocratic " is the right answer.
Explanation:
An assign responsibility in which one leader is increasingly together all choices and makes a minimal contribution from several other organizational participants.Throughout circumstances where urgent progress can be made as well as risky or time, unfortunately, the same kind of judgment call seems to be acceptable.The leadership style of Frank is autocratic. Since he is giving orders to his employees without concerning their opinion.
What is autocratic style of leadership?Autocratic style of leadership can be defined as the style of leadership in which an individual control all the decision and there is a little input from the group members. The autocratic leaders barely take advises from the group members or the followers and all the choices and decisions are exclusively based on their ideas and opinions.
In the given case, Frank knows all the ins and out of the process makes his employees just to follow his orders. Therefore the leadership style adapted by Frank is autocratic.
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