Relationship of responsibility and authority principle of organization is violated when not allowed any voice in the selection of his salespeople.
In order to obtain orders from current or potential sales outlets, the sales representative must sell products and attend to customer demands. When a consumer makes a purchase, they make sure they are happy with the experience and are properly looked after. They can create new accounts for their employer in this manner. Selling goods or services is the responsibility of a salesperson. Sales representative is another name for a salespeople. Salesperson and sales rep are frequently substituted for the phrases salesman and saleswoman, while they are still frequently used. Salespeople or salespersons are two different ways to form the plural of the word. The essential skills, tasks, and responsibilities of a sales representative are covered in this job description template for sales representatives, which is very simple to edit.
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as part of its grand opening in johannesburg, starbucks provided giveaways and created an atmosphere of excitement. which best describes starbucks communications strategy in south africa
The following best describes Starbucks communications strategy in South Africa: Starbucks is using a pull communications strategy. Therefore, the correct option is E.
A pull communications strategy aims to attract customers by developing a compelling brand identity and instilling passion for the product or service.
Starbucks expects that by doing so, it would attract customers to its locations and brand, stimulate their interest in the new offerings, and improve sales. The goal is to ignite consumer interest and demand, motivating consumers to seek out Starbucks and its products.
Thus, the ideal selection is option E.
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The complete question might be:
As part of its grand opening in Johannesburg, Starbucks provided giveaways and created an atmosphere of excitement. Which best describes Starbucks communications strategy in South Africa?
Multiple Choice:
A) Starbucks is using a push communications strategy.
B) Starbucks is promoting source effects in its communications strategy.
C) Starbucks is focusing on just social media to reach its target customer.
D) Starbucks is using business analytics to reach its target market.
E) Starbucks is using a pull communications strategy.
1. (4 points) pricing can be used to a. change available supply. b. reduce supply chain costs. c. influence demand if customers are price sensitive. d. all of the above
Pricing can be used to influence demand if customers are price sensitive. Pricing is the process of determining the value that a manufacturer will get in the trade of goods and services.
A pricing strategy is used to make the cost of the producer's products suitable for both the manufacturer and the client. When determining prices, the company will consider the cost of production, the market, the level of competition, the state of the market, the brand, and the quality of the product.
One of the four Ps of the marketing mix, along with product, promotion, and place, pricing is a crucial component of product management. The other three Ps are cost centres; price is the only one of the four that generates income. Depending on the industry and business model at hand, models including value-based, competition-based, cost-plus, and dynamic pricing are all often utilised.
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mitchell co. has $2.3 million of debt, $1 million of preferred stock, and $2.2 million of common equity. what would be its weight on preferred stock?
According to the given question, common equity its weight on preferred stock is 0.24.
What is an illustration of equity?After all liabilities connected to an asset have been paid off, the asset's equity remains. For instance, if you have a car valued $25,000 but owing $10,000 on it, you have $15,000 in equity in the car. It refers to the worth or stake of the most inexperienced class of asset investors.
How come it's called equity?As a result of their representation of ownership in businesses, stocks are known as equities. They allow investors to take advantage of growth but also exposing them to danger when the economy falters. Your capital is the portion of your house that you own minus the amount of your mortgage that is still owed. For instance, if the value of your home is $300,000 and your mortgage balance is $150,000,
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sprockets are known to have relatively elastic demand when their price increases from $1 to $2. what must be true of the change in quantity demanded over this price range?
The percentage change in the quantity demanded must be more than 100% in order for there to be a value of elasticity greater than unity.
The difference that results after deducting the old value from the new value, dividing by the old value, then multiplying the result by 100 to show it as a percentage, is what is known as a percentage change. A fraction is often multiplied by 100 to become a percent. A stock's price change over time, stated as a percentage, is a common application of percentage change in finance. Depending on whether the change is an increase or a drop, the formula used to calculate this change as a percentage differs slightly.
When tracking the rise or fall in value of a company or significant market index over time, financial professionals frequently employ percentage change.
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which section of the texas act would exempt an engineering employee working solely for a manufacturing firm from the engineering licensure provisions of the act?
An engineer's employee or subordinate is exempt from this chapter's licensure requirements if their activity does not involve the engineering professional's accountable charge of design or supervision.
The Texas Engineering Practices Act (TEPA) defines engineering practice as the rendering of, or the offer or attempt to render, any public or private service or creative work, the adequate performance of which requires engineering education, training, and experience in using specialized knowledge or judgment of the mathematical, physical, or engineering sciences. The TEPA permits employees of a private company to perform specific tasks without a license in a clause referred to as the "industrial exemption."
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consider two products a and b that have identical cost, retail price and demand parameters and the same short selling season. the newsvendor model is used to manage inventory for both products. product a is to be discontinued at the end of the season this year, and the leftovers will be salvaged at 65% of the cost. product b will be re-offered next summer, so any leftovers this year can be carried over to the next year while incurring a holding cost on each leftover unit equal to 15% of the product's cost. how do the stocking quantities for these products compare?
(B) The amount of product B in stock is greater in the current circumstance.
What is the Stock quantity?A company's stock quantity of a substance that is included in its current assets is the number of days divided by the sum of the daily stock quantities during the analysis period.
Maximum daily usage, which is the highest number of units sold in a single day, is multiplied by the maximum lead time, which is the lengthiest period of time the vendor has had to deliver the stock, and safety stock is calculated by deducting the product of average daily usage, which is the average number of units sold per day, and average lead time (which is the average time taken by the vendor to deliver the stock).
So, in the given situation stocking quantity of product B is higher.
Therefore, (B) the amount of product B in stock is greater in the current circumstance.
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Complete question:
Consider two products A and B that have identical cost, retail price and demand parameters and the same short selling season (the summer months from May through August). The newsvendor model is used to manage inventory for both products. Product A is to be discontinued at the end of the season this year, and the leftovers will be salvaged at 75% of the cost. Product B will be re-offered next summer, so any leftovers this year can be carried over to the next year while incurring a holding cost on each unit left over equal to 20% of the product's cost. How do the stocking quantities for these products compare?
a) Stocking quantity of product A is higher.
b) Stocking quantity of product B is higher.
c) Stocking quantities are equal.
d) The answer cannot be determined from the data provided.
The nominal interest rate could best be described as the___rate.
Answer:
stated
Explanation:
The nominal interest rate could best be described as the stated rate.
The nominal interest rate could best be described as the stated rate. Thus, 'stated rate' is the correct answer.
What is the nominal interest rate?The nominal interest rate, also known as the nominal rate of interest, is the interest rate that is quoted on a loan or investment without any changes or expenses. Real interest rates can be used to account for the effects of inflation. This real interest is what the lender really receives in the case of a loan.
The (effective) real rate of interest, for instance, is zero if the lender receives an interest rate of 8% from a loan and inflation is also 8%. Despite the increased nominal amount of currency received, the lender would not benefit financially from such a loan because each unit of currency would be devalued because of inflation by the same factor as 8%.
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uppose the free cash flow at time 1 is expected to grow at a constant rate of gl forever. if gl , wacc, what is a formula for the present value of expected free cash flows when discounted at the wacc?
The value of the anticipated future cash flows must be discounted at the computed WACC in the event that the growth rate is consistent across years and lower than the WACC.
Formula for the projected free cash flow present value when discounted at the WACC. The equivalent equation is: PV of cash flows = FCF1 / (r – g). The previous calculation assumes that the constant growth starts at time 0, hence FCF1 is defined as FCF0 * (1 + g). As a result, the equation for the growth starting at time 0 is: PV of cash flows = FCF0 * (1 + g) / (r – g). With no adjustment for period 0 and assuming that growth begins at Time 1, the computation is simply PV of cash flows = FCF1 / (r - g).
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you are in the explore section of your analytics property and would like to customize metrics and dimensions in a table format. which exploration technique should you use?
You wish to customize metrics and dimensions in a tabular format, and you are in the Explore part of your Analytics property. You should use free-form research techniques.
Free-form deformation (FFD) is a geometric method used in computer graphics to describe straightforward deformations of rigid objects. It is predicated on the notion of encasing an item inside a cube or another object with a hull and having the object change when the hull deforms.
The tactics, procedures, or techniques used in the gathering of data or evidence for analysis in order to unearth new knowledge or develop a deeper understanding of a topic are known as research methods. There are several research methodologies that gather data using various technologies.
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what are the main activities in the production and maintenance phase of system development?
The planning, construction, testing, and general design of the way an conceptual model is constructed and maintained are all included in the process.
Which tasks are carried out during the maintenance phase?
The client keeps track of the program throughout this servicing phase to make sure it keeps up with the coding requirements. The client not only keeps track on performance evaluation, but also fixes bugs and updates program as needed.
What activities take place throughout the deployment and maintenance phases?
Goal of the Deployment Phase
the development group must adhere to certain steps in the deployment process to guarantee that the program and technologies deploy properly. The stages are as follows: product deployment, property transfer, distribution planning and processes, and final implementation phase.
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All of the following are needed for the calculation of straight-line depreciation except:a. costb. residual valuec. estimated lifed. units produced
To calculate depreciation through straight-line method, cost, residual value and estimated life are required. Number/ units of good produced are not required.
The correct answer is option d. units produced.
The straight-line method (SLM) of depreciation is a method of depreciation that evenly spreads out the cost of an item throughout the expected life of the asset. When calculating depreciation using the straight-line technique, the asset's actual use is not taken into account. The formula for calculating depreciation under straight-line method is:
[tex]Depreciation = \frac{Cost - Residual Value}{Estimate value}[/tex]
The quantity of units produced is the factor that the straight-line technique does not require in order to calculate depreciation.
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suppose that the government imposes a new $1 per-unit tax on the production of soft drinks. the result would be a(n) in the equilibrium price of soft drinks and a(n) in the equilibrium quantity of soft drinks. group of answer choices increase; increase decrease; increase decrease; decrease increase; decrease
Suppose that the government imposes a new $1 per-unit tax on the production of soft drinks. the result would be a increase in the equilibrium price of soft drinks and a decrease in the equilibrium quantity of soft drinks.
When supply and demand coincide, the quantity of a good that customers desire to tax and the quantity that its suppliers are supplying are the same. The equilibrium price, which is obtained when the quantity of a good that consumers wish to purchase, is the only price at which consumer and producer plans coincide.(quantity requested) and the quantity of a good that producers want to sell (quantity supplied) are equal. The term "equilibrium quantity" refers to this universal quantity.
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A firm is operating in the United States with only two other competitors in the industry.
question:
1. It is likely this industry would be characterized as..
a. perfectly competitive.
b. pure monopoly.
c. monopolistically competitive.
d. oligopoly.
2. Firms in this industry will likely earn:
a. an economic loss.
b. an economic profit.
c. a normal profit.
3. If foreign firms begin supplying the product, increasing the number of competitors, it is likely that:
a. economic profits will increase.
b. economic losses will become smaller.
c. economic profits will fall.
d. normal profits will increase.
An oligopoly is a market system in which a market or industry is controlled by a limited number of significant sellers or producers (from the Greek words oligos, "few," and v, polein, "to sell")
.Oligopoly frequently arise from the goal to maximize profits, which can result in corporate collaboration. As a result, there is less competition, higher consumer prices, and lower employee compensation. Numerous industries, including civil aviation, energy providers, the telecommunications industry, rail freight markets, food processing, funeral services, sugar refining, beer production, pulp and paper manufacture, and automobile manufacturing, have been identified as oligopolistic.
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in general, when we search for the least expensive way to crash activities to speed up a project, which activity should we crash first?
First shock point,This is the point at which the project can be locked using the cheapest lock cost per unit time for a critical path component.
Colliding implies an increase in cost.This increase in cost will be different for each process.Comparing these costs against each other will help you arrive at a reasonable cost at which some activities can be locked in to get the project completion date far enough forward.Project Lock Management Steps Critical Path.The first thing you need to do is determine and analyze the critical path. Cost and schedule trade-offs are analyzed to determine how to get the most compression for the least incremental cost.Quick tracking involves performing activities in parallel,while blocking involves adding resources to a project.In fast tracking,there is a higher risk,while in lockdown,there is a higher cost.
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using the data below, give your answer for the following question: period demand ($000) 2016 -------- 50 2017 -- ----- 40 2018 - ----- 45 2019 - ----- 35 2020 ------ 40 given a forecasting value of 40 for the year in 2019 and an alpha of 0.5, what would the forecast for the next time period (i.e., year in 2021) be using exponential smoothing? (use the formula: ft
Exponential Smoothing is given by:
Year 2020 Forecast = 0.5 x 40 + (1 - 0.5) x 42.5
Year 2020 Forecast = 41.25
Exponential smoothing is a simple technique for smoothing time series data that employs the exponential window function. Whereas the simple moving average weights past observations equally, exponential functions use exponentially decreasing weights over time.
For short-term forecasts, exponential smoothing is a reasonably accurate forecasting method. The technique gives more weight to recent observations while decreasing weights exponentially as the observations get further apart. Long-term forecasts produced by this method are slightly unreliable. This method generates forecasts that are weighted averages of past observations, with the weights of older observations decreasing exponentially.
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which advertising campaign allows a company to capture the benefits of standardization, but still respond to local differences?
A firm's advertising campaign allows a company to capture the benefits of standardization, but still respond to local differences.The total cost of a company increases.
If its advertising is effective and its rivals increase their advertising in response. However, the demand for the firm's product may become more elastic.An integrated marketing communication is formed by a succession of advertising communications that have similar ideas and subjects.
IMC is a platform that enables organisations to compile their concepts, ideas, and convictions into a sizable media base.A marketing advertisement or set of advertisements intended for a particular audience segment is an advertising campaign. Increasing conversions is your key objective. The channel, plan, and tactics that are used determine the success of an advertising campaign.
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the federal reserve controls the minimum amount that a purchaser of securities must deposit with a stock brokerage firm in order to purchase stock. this minimum amount is called the requirement.
The federal reserve controls the minimum amount that a purchaser of securities must deposit with a stock brokerage firm in order to purchase stock. this minimum amount is called the margin requirement.
What is federal reserve?The American central bank is known as the Federal Reserve System (FRS).
It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system. The board of the Fed is made up of seven people.
To better understand the effects of financial services laws and practices on customers and communities, the Federal Reserve promotes supervision, community reinvestment, and research.
Therefore, the minimum amount that a buyer of securities must deposit with a stock brokerage business in order to purchase stock is governed by the federal reserve. The margin requirement is the name given to this base amount.
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Answer:
The Federal Reserve System's Federal Open Market Committee (fomc) focuses primarily on open market activities.
Explanation:
Select the correct answer. after college gerald wants to take a graduation trip to china. he wants to save $4,000 for his trip in four years. about how much does gerald have to save each month if his savings earns 7% interest compounded monthly?a. $68 b. $72 c. $82 d. $85
Based on the information, Gerald has to save each month if his savings earns 7% interest compounded monthly is $82. Thus the correct option is C.
What is Compound Interest?Accounts interest that is computed on both the initial principal and the total interest accrued over time is called compound interest.
It is given that amount of $4000 for 4 years
Saving one year
= 4000 / 4 = $1000
The total amount of one month
= 1000/12
= $83.33
The Calculation for monthly savings using the formula of compound interest
A = $83.33
r = 0.07
t = 1 month = 1/12 years
n = 12
83.33 = P [tex](1+r/n)nt[/tex]
83.33 = P[tex](1+0.07/12)^{12*1/12}[/tex]
83.33 = P x 1.0058
P = 83.33 / 1.0058
P = $82.85
Therefore, option C is appropriate.
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for an organization with revenue of $100 million, purchases of $60 million, and profit of $8 million before tax, a 10 percent reduction in purchase spend would result in an increase in profit of:
sixty percent (revenue increase of 60 percent would be required to achieve the same percentage increase in profit).
Sales every year are $500,000,000.
Spending = $300,000,000
$300,000,000 (100% - 15%) = $300,000,000 85% represents revised acquisitions.
= $255,000,000.
Profit as of today is $75,000,000.
$75,000,000 / $500,000,000 is the current profit proportion.
= 15%
Additional profit as a result of lower purchases equals Purchases - Revisions to Purchases.
= $300,000,000 - $255,000,000
= $45,000,000
$300,000,000 is equal to $45,000,000 / 15% of additional sales.
Profit Leverage Effect = $300 Billion / $500 Billion = 0.6 Billion = 60%
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all the combinations of the quantities of a good or service that producers are willing to sell at different prices during a specific time period is known as the:
Supply is the quantity of a good or service that manufacturers are able and willing to offer for sale at a given price in a predetermined amount of time.
A resource's supply refers to the amount that companies, producers, employees, suppliers of financial assets, or other economic actors are prepared and able to offer to the market or to a single customer. Supply can refer to manufactured goods, labor hours, raw materials, or any other scarce or expensive good.
In the market for goods, the term "supply" refers to the volume of a good per unit of time that producers are willing to sell at various fixed prices while holding all other factors constant.
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laurel supervises shift workers at a call center. what is the best meeting option for laurel and her employees?
Alternate the meetings among shifts to show that all team members are valued and respected.
An assembly is a gathering of or greater humans that has been convened for the cause of achieving a commonplace goal via verbal interaction, such as sharing data or accomplishing a settlement. There are verbal exchange conferences, monitoring progress meetings, group conferences, and problem-solving conferences.
a crew meeting is a scheduled communication when employees talk a specific subject matter or listing of subjects, which ought to be mentioned on a pre-deliberate agenda created via the meeting leader. opportunity to problem clear up collectively. potential to make everyone sense blanketed. Time to get each person aligned approximately a subject. a few human beings find them relaxing in comparison to doing independent work (i would say that's definitely a disadvantage).
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the following data are available for the south division of manhattan products, inc. and the single product it makes: unit selling price $ 24 variable cost per unit $ 16 annual fixed costs $ 284,000 average operating assets $ 1,540,000 how many units must south sell each year to have an roi of 15%?
64375 units must south sell each year to have an ROI of 15%.
Net operational income evaluates the profitability of an asset that generates income before deducting any costs for financing or taxes.
The majority of investors would view an average yearly rate of return of 10% or higher as a satisfactory ROI for long-term stock market investments.
ROI=Net operating income/Average operating assets
Hence required net operating income=(0.15*1,540,000)=$231,000.
Contribution per unit=Selling price-Variable costs
=(24-16)=$8/unit.
Let number of units be x.
Hence Net operating income=Contribution-fixed costs
=(8x-284,000) which is equal to$231,000.
Hence x=(231,000+284,000)/8
=64375 units.
Therefore, to have an ROI of 15% south should sell 64375 units.
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FILL IN THE BLANK. the unemployment rate that is consistent with full employment is known as __________________.
Natural rate of unemployment is consistent with the full employment, this unemployment rate usually varies between 4-5%.
Natural rate of unemployment refers to the types of unemployment which consists of frictional unemployment and structural unemployment. Frictional unemployment is always consistent in an economy as new people enter the work force every year and many people change their jobs and are unemployment while they are in between jobs. Zero unemployment does not exist in any economy because of existence of these two forms of unemployment. Natural rate of unemployment exists even when the economy is said to be at full employment level.
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___________ are merchant wholesalers who perform all of the distribution functions.
Full-service wholesalers are the merchant wholesalers who perform all of the distribution functions, unlike the limited-service wholesalers.
What is a Full-service wholesaler?Full-service wholesaler is a wholesaler who gives a full line of services, such as: maintaining a sales force, making deliveries, carrying stock, offering credit, and providing management help. Full-service wholesalers comprise wholesale merchants and industrial distributors.
Full-service wholesalers execute end-to-end interactions among manufacturers and retailers. They purchase goods, store, and deliver them to shops as well. Besides, this kind of wholesalers take charge of the financial part of reselling, endorse their products, and gather market information. They brace all the risks of indirect sales. If a consignment went failed during transportation or storage, it was a full-service wholesaler who will sustain the losses.
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is the process different when applying for a residential mortgage loan versus a commercial mortgage loan? if yes, how? if no, why not?
yes there are differences when applying for a residential mortgage loan versus a commercial mortgage loan.
In a resi mortgage, your loan is paid off once the entire principal balance has been paid off. It's uncommon for business mortgages to be like that. The typical period of a commercial loan is usually less than the amortization schedule (the time until the whole balance is due) (the amount of time it would take to pay down the principal with equal payments). Consider a typical, fixed-rate, five-year commercial mortgage. You may be paying it back at a rate that would take 25 years to pay it off if it were on a 25-year amortization schedule. You must repay the entire debt at the conclusion of the 5-year period because you don't have a 25-year term.
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last year danny storm inc. had a $3,000 favorable total labor variance and an $1,800 unfavorable labor price variance. what was the labor quantity variance last year?
When the actual cost of a labor activity differs (either better or worse) from the amount anticipated, this is known as a labor variation.
What is Labor Variance ?Usually, the expected sum is a predetermined or budgeted sum. The idea of labor variance is most frequently applied in the production sector, where it is referred to as a direct labor variance.
This variance can be further separated into the following two variances. As long as there is a compensation expense to compare to a standard amount, the labor variation can be applied to any area of a business.
Computation of Quantity Variance here
Given
Total variance = $ 3000
Price Variance = $(1800)
Total Labor Variance = Rate or price Variance + quantity variance
3000 = (1800) + quantity Variance
Quantity Variance = 3000 + 1800
= $ 4800
Hence Labor Quantity Variance = $ 4800 Favorable
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if a corporation is being sued by an individual, where is the corporation's residence considered to be?
It permits a judge to have power over a firm client in almost all case taken by it in the area where it has its office. To the High Court, a firm client is just a liberty as in three major states: the area where the firm was formed, and the state.
What varieties of work permits are there?
Work permits come in seven primary categories: High permit, hot work permits, hazardous permits, confined space work permits, and excavation work permits. Each permit is assigned a category based on the job's hazards and characteristics.
Are permits and visas the same thing?
They differ from one another and grant various rights. You are able to travel state borders with the visa. In actuality, this is a visa that allows you to visit a nation for a certain activity, such as job, study, travel, or medical care. It typically takes the form of a stamp on the card page.
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which company originally opened its theme park for employees to relax and have fun when they were not on the job?
An early inventor in the amusement park industry was Frederick Ingersoll. Although many individuals may not be familiar with the name Frederick Ingersoll, they may be familiar with the term Six Flags.
A businessman by the name of George Millay founded the first Sea World in the United States in San Diego in 1964 as theme parks began to gain popularity in the 1950s and 1960s. In 1977, inspired by the early designs of water slides, Millay founded the first recognized water park in Orlando, Florida. History. In 1983, Camp Snoopy made its debut at Knott's Berry Farm. This was the first amusement park to provide an area only for kids under the age of twelve. The history of the first theme park in the country is the tale of a family that has devoted themselves for seven decades to giving millions of visitors excellent, old-fashioned family enjoyment.
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this is professional is focused on scientific and technological issues within an organization.
A company's or other organization's chief technology officer (CTO), sometimes known as a chief technical officer or chief technologist, is an executive-level role whose work is concentrated on the scientific and technological concerns within an organization.
Who is a chief technology officer?A company's or other organization's chief technology officer (CTO), sometimes known as a chief technical officer or chief technologist, is an executive-level role whose work is concentrated on the scientific and technological concerns within an organization. CTOs and CIOs both have comparable responsibilities (CIO). While CIOs collaborate with the firm's information technology ("IT") workforce to carry out daily tasks, CTOs make decisions for the overall technological infrastructure that are closely aligned with the aims of the organization. To help the business with its future ambitions, a CTO should be knowledgeable about both new and old technologies. The organization wanted to hire scientists and provide them with facilities so they could conduct research for the company without having to deal with the responsibilities of regular office job.
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the allowance for doubtful accounts account is a contra-account that offsets: a. net income. b. bad debt expense. c. cash. d. accounts receivable.
The allowance for doubtful accounts account is a contra-account that offsets accounts receivable.
What are accounts?Pure math is not what accounting is. It involves straightforward addition, division, and multiplication. There may be a small amount of basic algebra, but otherwise nothing. It is not necessary for you to understand calculus.
Mathematics is a key tool for accountants. Strong mathematical backgrounds allow accounting professionals to undertake financial analysis and make informed judgments at work. The ability to comprehend and apply mathematical concepts like geometry, algebra, and statistics is required of accounting professionals.
Therefore, Thus option (D) is correct.
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