If an activity is determined to be on the critical path, that means that it will affect project duration.
Describe critical path in a project.The fundamental tenet of critical path analysis is that you can't begin some tasks until others have been completed. Each stage of these duties must be finished before the next may start in order to be accomplished. The critical route is made up of the lengthiest series of tasks that must be carried out from beginning to end in order to guarantee that the project is accomplished by a specific date. The vital path's actions need to be closely monitored. Take prompt steps to put the project back on track if tasks in the critical path are delayed. If not, the entire project may be delayed.
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The Ibbotson-Sinquefield data show that over the long-term,
small-company stocks generated the highest average return
T-bills, which had the lowest risk, generated the lowest return
small-company stocks had the highest risk level
According to the Ibbotson-Sinquefield statistics, long-term corporate bonds had less risk or variability than equities while U.S. T-bills had the lowest risk or variability.
The countries with the greatest and lowest equity risk premiums were Italy and Denmark, respectively.
Since percentage returns are applicable to all invested amounts, they are more practical than dollar returns. Permit comparing your investment to others.
Based on information that is known to the public, future market prices are difficult to forecast. Market risk, also known as "systematic risk," tends to affect the entire market at once and cannot be completely reduced by diversification but can be hedged in other ways.
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Which of the following best explains why public relations is often overlooked as a tool for supporting product marketing objectives?
Many public relations professionals see their role as one of communication rather than brand building. Press releases, news conferences, and publicity are some of the most commonly used PR tools.
The public relations can have a much greater impact on public awareness than advertising at a much lower cost. When using public relations, the company does not pay for media space or communication. Rather, it pays for a staff to create and distribute information as well as manage events. The advertising has three main goals: to inform, persuade, and remind. The informative advertising raises brand, product, service, and idea awareness.
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part of a facility's obligations to the government is collecting taxes on various items such as the collection of a ticket-related surcharge tax.
The statement is true, Part of a facility's obligations to the government is collecting taxes on various items such as the collection of a ticket-related surcharge tax.
Surcharges are extra costs, fees, or taxes that are added to the cost of a good or service above and above the price that was initially quoted. A surcharge is frequently tacked on top of an existing tax and is not reflected in the product's or service's listed price.
By specifying a fee apart from the cost of the commodity or service, surcharges enable firms to pass expenses on to the consumer indirectly.
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On January 1, 2019, Eagle Company borrows $35,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $10,333, consisting of accrued interest and principal on December 31 of each year from 2019 through 2022 Prepare the journal entries for Eagle to record the note's issuance and the four payments (Round your intermediate calculations and final answers to the nearest dollar amount.) View transaction list Eagle borrows $35,000 cash by signing a four-year, 7% installment note. Record the issuance of the note on January 1, 2019. rincipal 2 Record the payment of the first installment payment of interest and principal on December 31, 2019. 3 Record the payment of the second installment payment of interest and principal on December 31, 2020. Credit 4 Record the payment of the third installment payment of interest and principal on December 31, 2021. 5 Record the payment of the fourth installment payment of interest and principal on December 31, 2022. Note : = journal entry has been entered Record entry Clear entry View general journal
A promissory note is a composed guarantee to pay a monetary commitment at the development date. In this case, the borrower is the maker, and the lender is the holder. The obligation will be recorded by both the borrower and the lender in the notes receivable account.
To start with, we process the current worth component of interest.
A promissory note is what?A promissory note is a written agreement between you, the borrower, and another party to repay a loan (usually from a bank or other financial institution).
P V = ( 1 ( 1 + i n t e r e s t ) n u m b e r o f y e a r s ) i n t e r e s t P V = ( 1 ( 1 + 0.07 ) 4 ) 0.07 = 3.3872 ( r o u n
C a s h p a i d = P r i n c i p a l a m o u n t o r C a s h p a i d = 35, 000 3.3872 = 10,333.02 Let's make the amortization table for the notes.
I n t e r e s t e x p e n s e = E n d i n g B a l a n c e x 0.07 A m o r t i z a t i o n = C a s h p a i d I n t e r e s.
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if you compare the 15 most populous states on the amount of revenue raised per $1,000 of personal income, texas ranks quizlert
If you compare the 15 most populous states on the amount of revenue raised per $1,000 of personal income, Texas ranks 5th
What is meant by personal income?The term "personal income" refers to the total gross earnings that an individual or household receives from all sources of income, including wages, salaries, investments, and bonuses.
Personal income is viewed more broadly in economics, which defines it as the incomes from all households in a nation. This is crucial in figuring out how much domestic consumption there is. It covers all salaries, wages, bonuses, food stamps, social security benefits, profit-sharing payments, dividends, and any other type of income that a person may receive. It also includes employer contributions to 401(k) plans. Contrast this with net pay to avoid confusion.
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how does a company can monitor their brands to manage online criticism? group of answer choices by monitoring alerts by monitoring the serps by dismissing the online criticism options a and b
Utilize tools for managing your internet reputation to keep an eye on what people are saying about you. These tools compile testimonials, tweets, blogs, and other content that has been published about your company.
They can analyze such details and determine whether there is favorable or negative attitude around your brand. Comments increase your credibility since they demonstrate that many people are using your service and that these people have strong opinions about it. So, one approach to maintain your internet reputation is to encourage comments and reviews. Utilizing software for online reputation management, businesses may keep track of user reviews and highlight good interactions on review sites.
Online reputation management software is used by businesses to record unpleasant events in the hopes of using them to boost brand awareness through favorable user reviews.
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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 31 $7,025 Deposits in transit at month-end $2,260 Outstanding checks at month-end $750 Bank service charges $48 EFT automatically paid monthly, not yet recorded by Maxi $840 An NSF check returned on a customer account $495 The adjusted cash balance per the books on January 31 is:
The adjusted cash balance per books on January 31 is $4,400.
What is a cash balance?A cash balance scheme keeps fictional individual employee accounts for retirement purposes, in contrast to a defined contribution plan. The hypothetical nature of the individual accounts was key to the early adoption of such plans since it permitted the conversion of traditional plans without disclosing a plan termination. Conversions of cash balances have been a point of contention and resentment for labor unions and those who support them. They found that, in a typical conversion, the cash balance plan would provide the majority of employees with fewer benefits than it would have done if the defined-benefit plan had remained the same and the individual had continued working until retirement age. The largest benefit reductions often affect older workers.
Adjusted cash balance = $5,225 - $30 -$480 - $315
=$4400
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fees are charged by an acquiring bank for providing payment card processing services. group of answer choices acquirer merchant issuing collector
Acquirer fees are the costs incurred by an acquiring bank while offering payment card processing services.
The business that handles authorization, reporting, and settlement—the merchant acquirer, often known as the acquirer—charges acquirer fees. These costs typically account for 5% to 20% of the overall expense associated with processing credit cards.
The financial institution that manages a business's account in order to take credit cards is known as the acquirer, sometimes known as the acquiring or merchant bank. Card transactions for a merchant are settled by the acquirer into their account. Any bank that works with retailers is an acquirer. It is authorized to give qualified businesses merchant accounts so that they can process credit card transactions.
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Rank the following motivational forces in order of the strength of their impact on job performance, with the strongest job performance motivator listed at the top and the weakest job performance motivator listed at the bottom.
Perceptions of equity
Self-efficacy
Increased expectancy, valence, and instrumentality
Specific, difficult goals
Motivational forces in order of the strength of their impact on job performance, with the strongest job performance motivator listed at the top and the weakest job performance motivator listed at the bottom.
self-efficacy
specific, difficult goals
increased valence, instrumentality, and expectancy
perceptions of equity
Inspiring or in search of to encourage human beings to behave in a positive way, specifically in order to conquer boundaries and acquire success, happiness, etc.: He mentors internal metropolis youth, telling his motivational tale at nearby schools.
“Success isn't always final; failure isn't always fatal: it's far the braveness to hold that counts.” “When you've got got a dream, you have got to seize it and by no means permit go.” “Life is like driving a bicycle. To maintain your balance, you should maintain moving.” Quick Quote is an internet citation facility which permits Contracting Authorities to acquire aggressive costs electronically for low cost requirements. Details of the Quick Quote are created on-line via the awareness advent wizard and dispensed to a pick listing of suppliers.
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Companies that already possess a strong brand and wish to take that brand name into a different product category would pursue a _______ strategy.
Companies that already possess a strong brand and wish to take that brand name into a different product category would pursue a brand extension strategy.
What is a brand extension?For instance, a cosmetics company may provide more brushes, blenders, or sponges.
Although they are separate items, they complement the original product and allow current clients an opportunity to become even more devoted to the company.
Therefore, in order to promote new products or product categories to its client base, a firm may use its well-known brand name or image, which is known as brand extension.
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One of the changes to the proposed food label included updating the serving size amounts to better reflect the amount consumers would typically eat. True False
True, One of the changes to the proposed food label included updating the serving size amounts to better reflect the amount consumers would typically eat.
Why is serving size important on a food label?Start by examining the number of servings in the package (servings per container) and the serving size before reading the Nutrition Facts label. To make it simpler to compare similar items, serving sizes are standardized. They are given in common units, such cups or pieces, followed by the metric amount, like the number of grammes (g). The serving size indicates how much food or liquid an individual generally consumes. It does not suggest how much food or liquid you should consume.It's critical to understand that all nutritional information on labels, including the quantity of calories, refers to serving sizes. Pay close attention to the serving size, particularly the number of servings in the food package.
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franchising involves: the transfer of patented information and trademarks, information and know-how as well as information needed to sell a product or service. the use of franchising for licensing new technologies in global markets. the transfer of a business concept, with corresponding operational guidelines,to non-domestic parties for a fee. greenfield investment in a completely new facility, or acquisition of or merger with an already established local firm.
Option (c), A business concept and its corresponding operational standards are transferred to non-domestic parties through franchising in exchange for a fee.
What does the business term "franchise" mean?The term "franchise" refers to a method of marketing products or services in which a franchisor develops the brand's trade name and business model and a franchisee pays a royalty and frequently an upfront fee to obtain the right to use the franchisor's name and system.
What is the definition of a management contract?Firm management is governed by a franchise agreement between a franchisee and the owner of the business (the franchiser) (buyer of a brand name). The franchisor allows the franchisee to utilize its brand along with particular operational methods and business systems in exchange for a fee.
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which of the following has the qualities of being attractive, durable, and timely and is anchored in a product or service that creates or adds value for its buyer?
Opportunity (E) has the qualities of being attractive, durable, timely, and is achored in a product or service that creates or adds value for its buyer.
Opportunity is a favorable set of circumtances when a need of a new product is created. Opportunity occurse when an idea becomes possible to be executed. To recognize the opportunity you have, you need to identify a product that people need and willing to buy, instead of what the enterpreneur wants to make and sell.
Opportunity needs to have 4 essential quailities:
AttractiveDurableTimelyAnchoredA good opportunity must be attractive to its executors and all supporting stakeholders. To dtermine an opportunity's attractiveness, each stakeholders may look for different metrics. Most stakeholders might want to see if the opportunity has a robust market, margins, and money-making capabilities.
An opportunity should be able to ensure its durability and sustainability. A good oppotunity would not disappear suddenly just a year after being lauched. A good opportunity has to ensure the investors that they have enough of tim to realiza the returns on their investment.
A good opportunity should come and executed at the right time. Some good ideas might come ahead of its time and face failure back then. However, if those ideas were proposed today, they will become huge successes.
A great opportunity should be able to answer the customer needs and feel the gap between the current products offerings and the customer needs. In most of the case, the enterpreneurs have different perception about customer needs and regarding what makes a product is good from the customers. A complex customers research is needed to ensure this aspect.
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Complete Question:
Which of the following has the qualities of being attractive, durable, and timely and is achored in a product or service that creates or adds value for its buyer?
a. Idea
b. Scheme
c. Design
d. Proposal
e. Opportunity
4. After the Interview The job search doesn't end with the interview. After your interview, be sure to follow up with the appropriate correspondence and contact your references if necessary. After an interview, you are told that the company is unsure of when a decision will be made. Because you have some time and want to make the best impression, what advice should you follow when writing a thank-you letter to your interviewer? Check all that apply. Send a separate letter to each interviewer. Use a business letter format. Mention something you liked about the interview. Send thank-you letters to prospective coworkers. Send a quick text to the interviewer Read the scenario, and answer the question. You are composing an e-mail that asks a previous manager for a letter of recommendation. You want to supply specific information that will help him write an effective, informed letter. What information should you include in your e-mail? A description of your ideal work environment A description of your expected salary range A description of qualifications he should highlight
The right responses are letters "A", "D", and "E": Utilize a business letter design; Send a different letter to every questioner; Notice something you loved about the interview.
Clarification:
A new employee screening doesn't end in the wake of leaving the planned organization where you could work. Most associations choose to pick one candidate over one more assuming they contact their questioners after the meeting. For that reason, that last contact should be a proper letter expressing what your impressions are of the organization and why you are as yet keen on getting the work position. Furthermore, if there was more than one questioner, a remarkable letter ought to be addressed to every one of the questioners.
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Emmy Lou, Inc. has an expected dividend next year of $5.60 per share, a growth rate of dividends of 10 percent, and a required return of 20 percent. The value of a share of Emmy Lou, Inc.'s common stock is __________.
(a) $56.00
(b) $22.40
(c) $18.67
(d) $28.00
The value of a share of Emmy Lou, Inc.'s common stock is (a) $56.00
Price per share = next dividend per share / required return - dividend
growth rate
= 5.6 / 20%-10%
= 56
Common stock- A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used. In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.
A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership.
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coins, currency, checks, and money orders received from others, as well as money deposited in the bank. t/f
The correct answer is True. Money received from others in the form of coins, bills, cheques, and money orders, as well as cash put in the bank.
Money orders are often handled in the same way as cash. They do, however, come with a receipt. There might be some remedy, depending on where you buy your money order. To learn more, ask the issuing body.
Deposits that have been recorded on the books but were made after the bank statement was issued are referred to as deposits in transit. Checks that have been written and entered on the books but have not yet been cashed or cleared the bank are referred to as outstanding checks.
Funds are moved from the cash account to the petty cash account for the purpose of replenishing it. As a result, the balance of the cash account decreases. Crediting the cash account reflects the decrease in the cash balance.
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user support professionals generally depend on their employers for 100% of their training and professional development needs.
There is statement "User support professionals generally depend on their employers for 100% of their training and professional development needs." True or false? The statements is false because not all depend on their employers 100% but it is must be team work from leader and the employers.
What is professional development?Career development means continuing education and career training to develop new skills, keep up with current trends, and advance careers long after an individual has entered the job market. In many fields, professionals must participate in continuing education and continuous learning. In such cases, the discipline may have specific Continuing Education or Continuing Professional Development requirements that must be completed by an accredited Continuing Education provider.
So the statement is false.
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True or False, an important risk of an alliance is that your partner today could become your competitor in the future.
The following statement says that an important risk of an alliance is that your partner today could become your competitor in the future. This is completely true.
Agreements between two or more separate businesses to work together on the production, development, or sale of goods and services, as well as other business goals, are known as strategic alliances.
In a strategic alliance, for instance, Company A and Company B pool their resources, skills, and core competencies to create shared interests in the creation, production, or distribution of goods or services.
Despite the benefits of strategic alliances, there are a number of difficulties to take into account:
Partners could exaggerate what they have to offer.Partners could forget to allocate their resources and skills to the other partners.While the other partner may not fully commit to the alliance, one partner may.It is possible for partners to ineffectively utilize their complementary resources.Learn more about strategic alliances here brainly.com/question/14014533
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The capital market is allocationally efficient if
a. funds are channeled to their most productive use.
b. market makers such as dealers and brokers are making reasonable, not excessive rates of return.
c. only if informational and operational market efficiencies are high.
d. both a and c.d
The capital market is allocationally efficient if:
the funds are channeled to their most productive use.only if informational and operational market efficiencies are high.The Option D is correct.
What is an Allocational Efficiency?In economics, an Allocational Efficiency is a concept used where goods and services are distributed in an economy in a manner that is optimal and is beneficial to all parties (both the consumers and producers).
It is a characteristic of efficient market and the point of an allocative efficiency is where the demand is equal to the supply. In this context, a market is allocationally efficient if the funds are channeled to their most productive use and only if informational and operational market efficiencies are high.
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Write a value-returning method that returns the sum of all the elements in a two-dimensional array of floats. Include code to test your method.
When a data entity's position is referenced to by two indices, the array is said to be two-dimensional or multi-dimensional. The name designates row and column as the two dimensions.
What are single and multiple-dimensional arrays?In a single list of different elements with the same data type, a one-dimensional array holds them. A list of multiple lists, a two-dimensional array of different arrays, or a two-dimensional array of different one-dimensional arrays are all stored there. Representation. In the format of a list, it represents numerous data objects.
Its name is multidimensional for a reason?Anything possessing a variety of elements or aspects is referred to as being multidimensional.
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when accounting foer a derivative designeated as a cash flow hedge the derivative is reported on the balance sheet
Derivatives are highly leveraged securities that expose each participant to a financial risk without requiring a substantial initial outlay.
Where on the balance sheet are derivatives listed?A reasonable price;Holding Derivatives for Speculation: The treatment of derivatives held for speculative purposes is quite similar to that of "trading securities." The balance statement shows them at fair value.
A cash flow hedging derivative:A cash flow hedge entails using a hedging tool (a derivative) to lock in the amount of a future cash inflow or outflow that might otherwise be affected by market fluctuations.
What keeps derivatives off the balance sheet?By generating income that isn't reliant on assets, off balance-sheet operations like fees, loan sales, and derivatives trading help banks manage their interest rate risk (and hence is off the balance sheet).
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Wendy and Peter want to buy property together. Wendy will be contributing $70,000.00 of the $100,000.00 purchase price, while Peter will be contributing $30,000.00. Wendy has two brothers, John and Michael, whom she loves very much and she really wants them to inherit her share of the property after her death.
Tenants in Common can own unequal percentages of the property, allowing the co-owners to take into account varying levels of contribution. Upon the death of a tenant in common, the share owned by the decedent passes through his or her estate to the beneficiaries determined by will, if applicable, or by intestate succession (without a will).
Joint Tenants must own equal percentages, regardless of contribution. Upon the death of a joint tenant, the share owned by the decedent goes to the surviving joint tenant.
Assume that Wendy and Peter assume ownership in the property as tenants in common. What would happen to Wendy’s share in the property if Wendy died before Peter?
a. Peter would acquire her ownership interest, taking sole title to the entire property.
b. Wendy’s share would go to her estate, to be distributed via her will or via intestate succession.
c. Wendy’s share would go directly to John and Michael, because your siblings always get your property upon death.
d. Wendy’s share would go to her parents.
Wendy's share would go to her estate , to be distributed via her will or via intestate succession .
What does the term "intestate" mean?
Dying without a will is known as intestacy."Died intestate" refers to a person who passes away without leaving a will. Intestate decedents' estates are handled by the probate court.The assets of the decedent will be distributed in accordance with the state's intestacy laws.
An intestate heir is what?
Except in cases where a child was adopted by a close relative,biological children who have been adopted by another person typically are not entitled to inherit under intestate success.If the deceased had no children, the surviving husband would probably get the entire estate.
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The optimal strategy for a risk-neutral bidder in a second-price, sealed-bid auction with independent private values is to bid:
a. Slightly less than his or her valuation
b. slightly higher than his or her valuation.
c. his or her true valuation.
d. none of the statements are correct.
Each bidder should place an offer based on their truthful assessment of the good in a sealed-bid 2nd auction with ongoing bidding for an unique, indivisible good.
What happens during a second-price auction?The top bidder still receives the ad impression in a two - thirds auction model, but not at the expense of the opening bid in real-time bidding. The ultimate price is typically less than the highest bid because the highest bidder only pays the sum that the third bid offered plus $0.01.
Efficacy of second price auction.Vickrey demonstrated that a second-price bid (see Section 2) is an effective method if a seller does have a single separable good for sale; the winner is indeed the buyer whose
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Which of the following best describes why antibiotics with a mode of action like azithromycin are selectively toxic? a. Because humans obtain folic acid through their diet. b. Because humans don't have peptidoglycan in their cell walls. c. Because humans and bacteria have different replicating enzymes. d. Because humans and bacteria have different ribosome structures. e. Actually, antibiotics like azithromycin are not selectively toxi
Option D is correct, Azithromycin is selectively toxic with a mode of action because humans and bacteria have different ribosome structures.
Many different kinds of antibacterial medications function by attaching to the 50S component of bacterial ribosomes. It is an antibiotic that is prescribed to treat various bacterial infections. This covers pneumonia, traveler's diarrhea, strep throat, middle ear infections, and a few other intestinal ailments. It is a well-liked antibacterial drug that manages a number of medical disorders. It functions by preventing the development of specific microorganisms. It is ineffective against viruses. Z-Paks are simple to use, typically inexpensive, and very efficient. Azithromycin functions largely as a bacteriostatic agent, which means it prevents bacterial growth rather than actually killing germs, like other macrolides and protein-synthesis inhibitors.
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Which of the following is NOT a function of an ISP (Internet Service Provider)?
Group of answer choices
transmits data over short distances
pay access fees and other charges on your behalf
a legitimate Internet address
serves as a gateway to the Internet
Transmits data over short distances is not a function of an ISP (Internet Service Provider).
The Internet Service Provider is an organization which provides each individual and company access to the internet and other service provided by the internet.
The Internet Service Provider included services like communication services, file transfer, information retrieval services, web services, directory services and network management services.
The function of ISP that continuously monitors network for various activities and action to prevent it.
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identify the item below that is not a desired result of an employee bonus system. group of answer choices employees may work harder and may be more motivated to exceed target goals to earn a bonus. employees may analyze their work environment and find ways to cut costs. employees may look for ways to improve service. employees may recommend unnecessary services to customers in order to exceed set sales quotas and earn a bonus.
An item below that is not a desired result of an employee bonus system is employees may recommend unnecessary services to customers in order to exceed set sales quotas and earn a bonus.
A sales quota is the performance requirement that salespeople must accomplish in order to get their goal incentive pay within a given time frame. Quotas usually referred to as objectives or targets, can increase seller incentives when potential varies by location.
One of the primary objectives of creating a sales quota is to improve performance. The potential of their sales staff is known to the sales managers. Setting sales quotas may motivate salespeople to actively contribute to the accomplishment of the organization's objectives. As with how the business performs, the quota helps sales management assess the success of the salespeople. Depending on the success of the sales professional, the quota may be raised or lowered.
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ProServ Inc. is a company that sells pool supplies. The company is projecting an increase in sales in the next 12 months and is looking to fill the senior positions through internal recruiting to meet this demand. The company is evaluating the individual performances and seeking to develop some ranking of the individuals within a work group to identify the best performer. Which of the following approaches is the company using?
the quality approach
the results approach
the comparative approach
the behavioral approach
the attribute approach
The company is using the comparative approach.
Internal recruiting is that the method of hiring somebody from your existing manpower for a replacement or vacant position. an interior hiring method works – or ought to work – very much like it will for external candidates. this can be not like external recruiting, once a business appearance to fill vacancies from outside.
The comparative approach is within which the characteristics or the components are compared across 2 or additional analysis things. If a distinction is found between the 2 things, with an adequate degree of chance or likelihood, then the origin or reason for the distinction is wanted.
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gross profit on sales is computed by taking which of the following items: multiple select question. minus net sales minus operating expenses plus operating expenses plus cost of goods sold plus net sales minus cost of goods sold
Gross profit on the sales is computed by taking minus the net sales minus operating expenses.
What is Gross profit?The money a business makes after subtracting its expenses for making and selling its products or incurring its expenses for providing its services is known as gross profit. Gross profit, which appears on a company's income statement, can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales). Gross income and sales profit are two other terms for gross profit. Another indicator, the gross profit margin, can be computed using gross profit. A company's production efficiency can be compared over time using this metric. Simply comparing gross earnings from quarter to quarter or year to year can be deceiving because gross profits can increase while gross margins decrease, which is a concerning pattern that could get a business into trouble.
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Island Enterprises has presented the following information for the past eight months operations:
Month Units Total Cost
April 4,450 $ 17,900
May 3,650 $ 15,800
June 1,850 $ 12,000
July 3,250 $ 14,100
August 3,950 $ 16,900
September 4,650 $ 19,560
October 4,350 $ 17,400
November 3,850 $ 16,600
a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round variable cost to 2 decimal places.)
b. What would total costs be for a month with 3,450 units produced? (Do not round your intermediate calculations.)
A high-low approach costs $705, whereas a production of 3450 units costs $16320. By creating products or offering services, enterprises aim to turn a profit.
A for-profit firm or company is referred to as a "enterprise" in various contexts, although this usage most frequently refers to entrepreneurial endeavors. An unusually difficult, intricate, or dangerous enterprise or endeavour is sometimes referred to as being "enterprising," as is a unit of economic organization or activity. Particularly: a corporate organization.: a planned, organized action. The primary economic activity among these people is agriculture. New Enterprise refers to a fresh investment or newly formed company entity that is in line with the Board's list of investment priority areas but has not yet begun doing business. A business that expands into new industries must also be considered a new enterprise.
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Fresh and Clean, Inc. is considering implementing a system that will pay its cleaning workers based on the number of completed residential jobs, coupled with satisfactory ratings on random inspections to ensure quality. This system is new to the organization, and it is an example of change. Multiple Choice Ο adaptive Ο Innovative Ο familiar Ο radically innovative Ο highly complex
This system is new to the organization, and it is an example of innovative change.
Why is change important for innovation?Businesses frequently require innovation to adapt and handle the challenges of change. It encourages growth. Stagnation may cause significant harm to your company. In order to survive in the cutthroat competitive world of today, organizational and economic growth through innovation is required.
The main distinction between change and innovation is that the former refers to a shift in a situation associated with various points in time, whereas the latter refers to the introduction of something novel and original to society. It could be brand-new approaches, tools, or procedures. Making products better, faster, or less expensive than your rivals might be considered innovation.
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