Answer:
Threat of substitute products or services
Explanation:
Threat of substitute products or services are one of Porters Five forces.
When there are many substitutes for a product, consumers can easily start consuming a substitute.
For example, there are different brands of cars. If the price of one brand of car, let's say Mercedes increases, consumers can easily start purchasing cheaper brands like Toyota or Avensis .
On the other hand, food is a necessity with almost no substitutes. If the price of food increases, consumers have no other option but to continue buying food as food is needed for survival.
Macro equilibrium in the income-expenditure model occurs where aggregate expenditure is equal to national income; this occurs where the aggregate expenditure schedule crosses the ________.
Answer:
45 degree line
Explanation:
In the equilibrium in income and expenditure model, expenditure equals national income when the expenditure crosses the 45 degree line. This means that in income and expenditure being at equilibrium, it means that there is no shift, change, deviation from the outcome.
Expenditure below and above 45 degree is not in equilibrium as that means that government income is either less than or greater than the expenditure respectively.
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When Gino is credited with being a manager who understands his employees and himself, and who works well with all the members of his team, which essential managerial skill is being described?
Answer:
human skill
Explanation:
Human skill is a combination of the talent, knowledge, skills, abilities of an individual that give some productive output to the business organization
Since in the question it is mentioned that Gino is credited for a manager as he understand his employees and work well with the team members
So this represents the human skill as it also judge the behavior of a person whether he or she behaving ethical or not
Phil and Jake are 16 and 14 years old respectively, $9150 isshared between them in the ratio of their age , how much does Phil get?
age ratio => Phil : Jake
16 : 14
( 16+14 = 30 ) units = $9150
1 unit = $9150 ÷ 30
16 units = ( 9150 ÷ 30 ) × 16
= $ 4880
Therefore, Phil gets $4880
Someone who likes building, designing, or creating things probably has a(n) _____. a. naturalistic learning styles b. bodily/kinesthetic learning style c. logical/mathematical learning style d. visual/spatial learning style Please select the best answer from the choices provided A B C D
Answer:
I assume D
Explanation:
A It tips me off of the idea from an naturalist style, belief that only natural laws
so this would go against the construction of man kind and society which is the opposite answer we want
b doesn't seem to be the answer as if " learning takes place by the students carrying out physical activities, rather than listening to a lecture or watching demonstrations." this is a student basically, instead sitting and listening they get to learn by doing activates
C logical and mathicals ways is different from designs and the artistic way of building this seems to be in a career for maybe a bank teller or a teacher
also I tested this on the answering sheet myself and it was correct
A. b. bodily/kinesthetic learning style more accurately describes someone who likes building, designing, or creating things.
Unlike a naturalistic learning style that encourages learning in a natural environment, the bodily/kinesthetic learning style relies on hand movements.
The bodily/kinesthetic learning style is different from a logical/mathematical style because, in the latter, the reliance is on making connections and patterns with numbers.
Lastly, the bodily/kinesthetic learning style is preferred by the person who likes building, designing, or creating things to the visual/spatial learning style, which encourages learning using visual aids.
Thus, the person who likes building, designing, or creating things has a bodily/kinesthetic learning style.
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Which department handles the task of finding vendors that will provide goods at the best prices?
Which scenario describes a student filing a permission request for an online source?
Answer: C
Explanation:
Answer:
C
Explanation:
The triple bottom line "people/social" and it's relationship with social responsibility
Answer:
TBL was proposed by Elkington. But there is difficulty in measuring social and environmental bottom line.
Explanation:
Triple bottom Line (TBL) in economics is the line that focus on the relationship on social and environmental concern. In TBL there are three bottom line that is people, profit, and planet. This term Triple Bottom Line was coined by John Elkington in 1994.
His main aim was to measure the performance of people in America. According to this idea it is possible to maintain both economy and environment. It can improve the lives of people as well can save the environment. It can be called a full time cost business. It is like Planet + People = Environmental responsibility + Social.
According to TBL if a company does not pay attention on how to interact socially but only focuses on business, it will not account full business.
The triple bottom line is a concept that states that rather than firms to focus on making profit as sole of operation, they should also commit their impact to the social and environment sphere.
The triple bottom line is divided into 3 according to importance to be given:
People / Social impactPlanet / Environmental impactProfit / Financial impact.In conclusion, the business concept posit that firms should ensures that its impact are felt in any social and environmental circle around the world.
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In which type of economy are the largest variety of goods and services produced? A. market B. command C. traditional D. demand
Answer:
A. Market
Explanation:
An economy can be defined as an inter-related process of production between producers (manufacturers), distributors and consumers of goods and services, which primarily determines how scarce resources are used or allocated in a specific country. There are four (4) main types of economy and these are;
1. Traditional economy.
2. Mixed economy.
3. Command economy.
4. Market economy.
A type of economy in which the largest variety of goods and services are produced is a market economy because their prices are mainly determined or dependent on supply and demand.
This ultimately implies that, both supply and demand influence economic decisions such as what goods are to be produced, how many should be produced, what price should they be sold, distribution method to be used, who buys the goods etc.
Hence, a market economy is relatively free of government intervention, as well as government interference with profits and the factors of production such as land, labor, capital etc.
Which sentence describes a cooperative organization?
Answer:
Cooperative organizations are organizations voluntarily formed by a group of people who have the same ideas of meeting certain economic goals. Cooperative organizations are manned democratically meaning choosing leaders is a democratic will.
Question in picture.
During Year 2, Chico Company earned $3,200 of cash revenue, paid $1,350 of cash expenses, and paid a $850 cash dividend to its stockholders. Based on this information alone, which of the following statements is not true?A) Total assets increased by S1000 B) Cashow to coating activities was $1,000 C) Net income amounted to $1850D) Cashow from operating acties was $1850
Answer:
B) Cash inflow from operating activities was $1,000.
Explanation:
The first statement is true because we notice the Total assets actually increased by $1,000 when we subtract Cash Revenue - Cash Expenses ($3200 - $1350 - $850 =$1000. The same is true for all the other options except for option B because the cash inflow from operating activities wasn't mentioned.
Agent Harriet Walker has recently begun marketing Medicare Advantage and related products aimed at meeting the needs of senior citizens. Client Mildred Jones has expressed interest in a Medicare Advantage plan. It is now the beginning of September. If you were in Agent Walker's position, what would you do?
Answer:
Inquire whether the client qualifies for a special enrollment period, and if not, solicit an enrollment application once the annual open enrollment election period begins on October 15th.
Explanation:
In this scenario where Agent Harriet Walker is marketing Medicare Advantage and related products aimed at meeting the needs of senior citizens.
If Client Mildred Jones has expressed interest in a Medicare Advantage plan and it is now the beginning of September.
The best action is to enroll her of she qualifies for special enrollment period.
If she is not qualified she should solicit an enrollment application once the annual open enrollment election period begins on October 15th.
Harriet should keep engaging Mildred's interest till 15th October.
A well-designed organization is one in which employee incentives are aligned with: a. organizational design. b. the rational-actor paradigm. c. corporate incentives. d. organizational goals.
Answer:
The answer is D.
Explanation:
In order to have almost the same vision or targets as the shareholders, employee incentives must aligned with corporate goals. If this is not done, most employees will be working for their individual set target which might not be the target of the owners of the business (shareholders).
One of the incentives can be share options. Employee having shares of the company and with this, the employees might be motivated to work towards increasing the share price.
Your uncle the banker offers to lend you $25,000 to start a new business. You will have to make a payment of $7,000 at the end of each of the next 3 years plus a final payment of $10,000 at the end of Year 4. What annual interest rate is built into this loan?
Answer:
Annual interest rate = 6%
Explanation:
Amount of loan = $25,000
The total amount repaid:
($7,000 × 3 years) + ($10,000 balloon payment)
= (7,000 × 3) + (10,000)
21,000 + 10,000 = $31,000
Interest on payment = repayed amount - loaned amoun
Interest on payment = 31,000 - 25,000 = $6,000
Let the total percentage on the loaned amount be x
Therefore we are looking for what percentage rate of the loaned amount ($25,000) will give the interest of $6,000
x % of 25,000 = 6,000
[tex]\frac{x}{100} \times\ 25,000 = 6,000\\\frac{25,000x}{100} = 6,000\\25,000x = 600,000\\x = \frac{600,000}{25,000}\\x = 24[/tex]
Therefore the total percentage interest rate = 24%
Annual interest rate = Total interest rate ÷ number of years
Annual interest rate = 24 ÷ 4 = 6%
∴ Annual interest rate = 6%
Performance efficiency is a(n) Type your answer here _ measure of resource cost associated with goal accomplishment.
Answer:
input
Explanation:
Performance efficiency is an input measure of resource costs associated with goal accomplishment.
Note, when we say "the resource costs associated with goal accomplishment" we are referring to those factors that contribute to the profit of a business, such as, the cost of labor, how efficient are the equipment utilized, etc.
Performance efficiency is the measurement tool that measures the actual output of the products based upon the cost of the product, labor, overheads, and many more factors. It is the ability to use the resources of the organization effectively and efficently.
The correct answer for the blank is input
Reason:
The resource cost associated with the goal accomplishment means these are the main resources that majorly contribute towards the profit of the business. The main resources are:
cost of laborthe efficiency of the equipment utilized.To know more about performance efficiency, refer to the link:
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According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because strong consistent cultures:
Answer: Are inflexible and incapable of adapting to environmental change.
Explanation:
The options are:
a Are inflexible and incapable of adapting to environmental change.
b Usually develop poor coordination within the organizations.
c Do not perform well at any point of time due to their rigidity.
d Become unstable and unpredictable with time.
According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because strong consistent cultures are inflexible and incapable of adapting to environmental change.
It should be noted that having a string and consistent organizational culture doesn't meam that such organization does will perform well. Organizations that has strong cultures typically perform poorly when there's need for change.
An IRA uses immediate annuities to pay out benefits; the IRA owner is nearly 75 years old when he decides to collect distributions. What kind of penalty would the IRA owner pay?
Answer:
50% tax on the amount not distributed as required
Explanation:
In this specific scenario, the individual will have to pay a penalty of 50% tax on the amount not distributed as required. This is mainly due to the fact that traditional IRA accounts require that distribution of benefits must begin no later than age 70½ if immediate annuities are used to pay for them. Failure to do so would have a consequence of a 50% tax on the undistributed amount, and must be paid by the owner of the account.
lyssa can create 20 slides per hour. For other activities, she can bill clients $400 per hour. Alyssa’s opportunity cost of creating slides is
0Answer:$20
Explanation:$400 ÷ 20:slides = $20 per:slide
find two rational number between -3 and -2
Answer:
-2.1 and - 2.89
They are rational numbers between - 3 and - 2
2 of
Select the cluster in which each pathway belongs
Pathways
Network
Systems
Accounting
Production
Transportation
Operations
Finance
o
O
Manufacturing
o
Information Technology
O
O
o
Transportation
Distribution, & Logistics
o
o
O
o
hp
Answer:
Explanation:
I took the test
The cluster in which each pathway belongs. The following columns are there. Finance - Accounting
What is accounting?The process of gathering, compiling, and reporting information on business and accounting transactions. also: this system's guidelines and practices. as a first-year student, I studied accounting: work done in accounting or by accountants.
Manufacturing - Production
Information Technology - Network Systems
Transportation Distribution, & Logistics - Transportation Operations
The clustering is the task of dividing the data point by the number of groups. The data point in the same groups is more similar, To other data points in the same groups.
Therefore, The cluster in which each pathway belongs is placed.
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According to low estimates, we see advertisements every _____ minutes.
Answer:
4
Explanation:
Its every 4 mins we see ads
Sweetmeats Inc., a deli, produces its own grains, such as corn, wheat, rice, and oats. The employees create different types of breads without having to buy the grains from other sources. This has helped them sell their bread items to customers at much lower prices than other neighboring delis. This scenario best illustrates a(n) ________.
Answer:
Cost advantage.
Explanation:
In this scenario, Sweetmeats Inc., a deli, produces its own grains, such as corn, wheat, rice, and oats. The employees create different types of breads without having to buy the grains from other sources. This has helped them sell their bread items to customers at much lower prices than other neighboring delis. This scenario best illustrates a cost advantage.
Cost advantage can be defined as the factors, benefits or edge which an organization has to produce its goods and services at a cheaper rate and better quality, over its competitors or rivals in the same industry. Some of these factors include availability of raw materials, branding, skillful workforce, intellectual property, quality distribution channels, favorable location, great customer services, superior technology, etc.
The cost advantage is simply known as a type of an advantage that the firm has over competitors usually in terms of costs. The scenario above is called cost advantage.
Firms do reduce cost so that they can have a great advantage over competitors who have higher costs and so the prices of their products and services will then be higher.
There are a lot of factors to consider when reducing the cost of a firm. They include Distribution, technology, volume and scale of the company, raw material etc.
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The marketing mix elements are called ________ because they are the responsibility of the marketing department in an organization.
Answer:
controllable factors
Explanation:
The marketing mix elements are called
controllable factors because they are the responsibility of the marketing department in an organization.
It should be noted that the marketing mix elements are are reffered to as controllable factors because the controllable factors are those steps or action that are taken in business to bring about development and to market the business products and services.
These controllable factors could be the price of the product/ services how the product is been promoted as well as places and others.
I study French so I can talk to my cousin who lives in Paris
Intrinsic or
Extrinsic?
Hey
Answer:
"Intrinsic" would be the correct choice.
Explanation:
Something that has intrinsic value as well as interest, it's indeed worthwhile or significant along with its real existence and appearance, and not just because of the latter's relation with several other kinds of activities.Intrinsic motivation means actions motivated by intrinsic motivators. In several other terms, the motivation comes from inside the person to participate in an activity even though it is inherently rewarding for you.Answer:
Intrinsic
Explanation:
Got it right on Edge 2021
Marketing intermediaries Group of answer choices create value, but this value is seldom great enough to justify the added cost they charge for their services. have survived because they can often perform marketing functions faster and at lower cost than producers. tend to increase the number of exchange relationships producers and consumers must deal with in order to buy and sell goods. are unlikely to survive in a competitive global economy.
Answer:
Marketing intermediaries:
tend to increase the number of exchange relationships producers and consumers must deal with in order to buy and sell goods.
Explanation:
Marketing intermediaries, otherwise called middlemen, are independent firms whose functions are necessary in the free-flow of goods and services from producers to end-users. Some of the marketing intermediaries are agents, wholesalers and retailers. Others include marketing services agencies, physical distribution companies, and financial institutions. Without their help, there would be inefficiency in the production and distribution of goods and services, as they smoothen distribution access.
Select the correct answer.
Which pyramid model revolves around the different types of data, knowledge, and information that an organization processes at different levels?
A.
six-level
B.
four-level
C.
three-level
D.
five-level
Answer:
ans is c three
level pyramid
The person who believed that management must do more to improve the work environment and processes so that quality can be improved was
Answer:
W. Edwards Deming
Explanation:
The person who believed that management must do more to improve the work environment and processes so that quality can be improved was
W. Edwards Deming
W. Edwards Deming who is a management consultant from America that believe in system theory that all organization has different components that works together to achieve a goal in the organization.
Bill owns Jurisprudence Employers, Inc., a legal staffing company and employs George. One day Bill instructed George to falsify billing records for several clients, in order to inflate the profits for the company. If George is charged for fraud, what liability, if any does Bill have?
Answer:
Bill is also equally and somewhere more liable as he is the employer.
Explanation:
Although in records it might seem that George did the falsify act, but for that he required the permission of his employer.
When the fact is clearly stated that George did this on direction of his employer Bill, and that Bill demanded this intentionally in order to present extra profits, he is more liable for this false act.
As George is the employee, he is bound to follow the directions of his employer. Thus Bill is crucially liable for this act, as he is an important reason for this act.
The statement used to predict future profitability and a company's future cash-generating ability is the
Answer:
Income statement
Explanation:
As seen in the question above, Income statement can be defined as a statement used to predict or project the profitability of a company and its future. It is sometimes called cash flow statement.
In simpler terms, the income statement is a document that shows how much a
company will make over a certain period.
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Do non-profit businesses make a profit ?
Answer:Yes
Explanation: