It is well known in her company that Magdas team is always working under tremendous pressure; every day brings a new fire drill. While Magda seems to thrive in this fast-paced environment and likes to say, I never know where the day will take me, her team is suffering and their workload is not sustainable. In which area is Magdas manager likely to suggest that she obtain some leadership training?

Answers

Answer 1

Magdas manager is likely to recommend that she take a leadership development course based on scenario planning..

What is scenario planning?

Scenario planning aids decision-makers in evaluating answers, identifying possible outcomes and implications, and planning for both positive and bad outcomes. Businesses may avoid just reacting to events and become proactive by anticipating potential risks and possibilities.

Scenarios can be divided into four categories:

exploratorytarget-seekingpolicy-screening retrospective policy evaluation

In general, these many scenario types contribute to various decision-making situations.

What sorts of scenario planning are most common?

Four categories of scenario planning

operational case studies. Quantitative scenarios realistic scenarios scenarios for strategic management.Why Is Scenario Planning Important?

Because a scenario has been studied through and actions have been documented, scenario planning can give leaders a competitive advantage by enabling them to react swiftly and decisively in the event of a catastrophe.

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Related Questions

True or false: The currency of the United States consists primarily of metal coins and paper money. True false question. True

Answers

It is true that the currency of the United States consists primarily of metal coins and paper money.

What is money?

Money is anything that is generally chosen and accepted by a community, as a medium of exchange and standard of value.

There are other forms of money in the United States, however, paper money and metal coins constitute their primary currency.

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hen using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to:

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When using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to the products sold.

What happens when production is greater than sales?Because it allocates fixed overhead expenses to each unit of a product produced throughout the time, absorption costing differs from variable costing.Net income recorded under absorption costing will be higher than net income reported under variable costing when production exceeds sales. Closing stocks rise under absorption costs as output outpaces sales.When output exceeds the number of units sold, absorption costing allocates fixed overhead to the items sold, resulting in net income that is higher than that determined by variable costing.The operating income under absorption costing is higher when production outpaces sales, i.e. when final inventory exceeds beginning inventory.

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An increase in the budget deficit would cause a?

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a budget deficit can cause the Federal Reserve to release more money into the economy, which feeds inflation.

Purely competitive industry X has increasing costs and its product is a normal good. The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be

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The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.

What is a product?

Generally,

In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.

Answers

A cost that is nearly variable, but increases in small steps rather than continuously is a step variable cost.

What does step variable cost mean?

A step variable cost is one that, while typically fluctuating with activity level, tends to be incurred at certain discrete points and involves significant changes in amounts at those points. A really variable cost, on the other hand, will fluctuate over time and in direct proportion to the degree of activity.

This step effect can have an impact on the allocated cost per manufactured unit because a step variable cost can essentially stay the same even when activity levels alter. As more units are produced, the allotted amount per unit lowers until a new step variable cost is incurred due to the higher volume level, at which point the cost per unit increases as a result of the higher total variable cost.

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What is the normal journal entry when writing-off an account as uncollectible under the allowance method?.

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The journal entry when writing off an account as uncollectible under the allowance method is:

Allowance for Doubtful Debts ( Dr.) xxxxx

Accounts Receivable ( Cr.) xxxxx

The allowance technique involves putting aside a reserve for terrible debts that are expected in the future. The reserve is based on a percent of the income generated in a reporting length, possibly adjusted for the danger associated with positive clients.

The allowance technique is used to determine how an awful lot of money a commercial enterprise needs to set apart for future awful or unrecoverable customer debt. It factors in the price of the losses an organization expects from extending patron credit.

The allowance approach requires a small commercial enterprise to estimate at the cease of the 12 months how an awful lot awful debt they have got, while the direct write-off method we could owners write off horrific debt whenever they determine a patron might not pay an invoice.

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Public relations has more power to influence consumers than other forms of corporate communication because

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Public relations has more power to influence consumers than other forms of corporate communication because the message is usually sent through the media which is usually perceived as trustworthy.

What is public relations?

This is referred to as the act of sending messages from a person or a corporation to the public at large.

The goal is to be able to change or influence the perception of the public on certain issues.

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Sentiment analysis projects require a lexicon for use. If a project in English is undertaken, you must generally make sure to use an English lexicon appropriate to the project at your discretion.

What is sentiment analysis?

This is the ability of being able to recognize the opinion that is used in a text. The aim is to be able to know the attitude of the person writing on that topic.

The attitude that has to be known is either a positive or a negative attitude of the writer.

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An owner of real property borrowed money from a lender. As security for the owner's promise to repay the loan, the owner granted the lender a mortgage on the real property. The lender promptly recorded the mortgage. The owner subsequently defaulted on the loan. The lender delayed bringing suit to enforce the loan obligation. As a consequence, the owner was able to successfully assert the statute of limitations as a defense to the suit. If the lender now seeks to foreclose on the mortgage, will the lender likely prevail

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Defenses that can be brought up in relation to the obligation for which the mortgage acts as security may prevent a mortgage from being enforced. In this case, the owner-mortgagor also has a legitimate defense to the execution of the mortgage since he has a legitimate defense to the enforcement of the loan obligation.The lender returns the note to the borrower when the trustee signs and records a deed of reconveyance. One month, Gina's mortgage payment is late.

What does reconveyance mean?

Returning ownership to the original owner is referred to as reconveyance. Most frequently occurs when real estate deeds are reconveyed, also known as a reconveyance deed.

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The city of Brandberry has planned to reduce the arsenic in its water by 1 part per billion each year over the next 7 years. What do you expect will happen

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In year seven, marginal costs will be highest and marginal benefits will be lowest. The final few years of putting this plan into action will have the largest marginal costs and rewards for Brandberry.

What is Marginal Cost?The term "marginal cost" describes the rise or fall in price associated with producing or providing services to an additional consumer. It also goes by the name incremental cost. Marginal costs are calculated based on production costs that are direct or variable, such as labor, materials, and equipment, as opposed to fixed costs that the company would incur whether or not production is increased. Administrative expenses and marketing expenditures are examples of fixed costs; these costs apply regardless of the quantity generated. It is frequently estimated once production has reached a point of break-even where only variable or direct costs remain after covering all fixed costs have been met.

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The purchase of a good or service that has not yet been paid for is recorded in ________ on the balance sheet.

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The purchase of a good or service that has not yet been paid for is recorded in accounts payable on the balance sheet.

Purchasing is a formal process of purchasing goods or services. The purchasing process varies from organization to organization, but there are some common key factors. The process usually starts with demand or requirement. This can be a physical part (inventory) or service.

Buying and selling goods is a commercial activity in which the seller is obliged to deliver the goods, transfer ownership of the goods to the buyer, and make payments. This obliges the buyer to pay the seller and receive delivery and ownership of the goods in accordance with the contract.

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The real interest rate tells you Question 31 options: how fast the number of dollars in your bank account rises over time. how fast the purchasing power of your bank account rises over time. the number of dollars in your bank account today. the purchasing power of your bank account today.

Answers

The real interest rate tells you how fast the purchasing power of your bank account rises over time.

What is meant by the real interest rate?When a borrower pays back a loan with interest, the lender obtains a gain in purchasing power that is expressed as a percentage. In the previous illustration, the lender made $8 on the $100 loan, or 8%.

What is real and nominal interest rate?The real rate of a bond or loan is determined by adjusting a real interest rate to account for the impacts of inflation. The interest rate before accounting for inflation is referred to as a nominal interest rate.

Why real interest rate is important?Real interest rates are the main concern of economists. Investors may be forced to take on greater risk or withdraw entirely depending on the real rate. Without ever taking a dollar, it can drain your savings. Every central bank in the world has it on their radar.

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Spirit Airlines has wall monitors that show media interactions in real time. As a message appears on the screen, the system recognizes whether the comment is positive or negative so the Spirit team can respond to customers and ensure that they have a positive experience. This is an example of _______. a. social media monitoring b. personal selling c. crowdsourcing d. brandjacking

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The above-given situation is an example of social media monitoring.

What is social media monitoring?Social media is now used by the majority of eCommerce platforms to interact with both current and potential clients. Businesses may communicate with customers in real time thanks to these networks. Monitoring social media can help you understand how your business is being discussed online.What is personal selling?When a salesperson meets with a potential customer to close a deal, this is known as personal selling. A sequential sales process with typically nine steps is used by many salespeople.What is crowdsourcing?With crowdsourcing, a sizable number of scattered participants produce or provide goods or services, including ideas, votes, tiny chores, and money, for pay or as volunteers.What is brandjacking?Brandjacking is a practice where someone takes over another entity's online identity with the intention of gaining the brand equity of that person or company.

Therefore, the above-given situation is an example of social media monitoring.

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Jang-mi owns her own cleaning business and posts on local message boards online to advertise her business. Customers can reach out to her directly through her posts and can ask any questions they might have before requesting her services. This is an example of _______. a. telemarketing b. microtargeting c. direct marketing d. the sharing economy

Answers

What is telemarketing?Telemarketing is a form of direct marketing in which a salesman calls potential clients to ask them to purchase goods or services. This can be done over the phone, during a prearranged in-person meeting, or by web conferencing.What is microtargeting?Direct marketing datamining techniques that use predictive market segmentation are part of microtargeting, which is frequently used by political parties and election campaigns.What is direct marketing?The act of presenting an offer directly to a target client and providing them with a way to respond immediately is known as direct marketing. It is sometimes referred to as direct response marketing among practitioners. Advertising, in contrast, is a form of mass messaging.What is the sharing economy?The sharing economy is a socioeconomic structure based on capitalism that emphasizes resource sharing. It frequently involves a different method of buying goods and services than the conventional business model, which involves employers hiring workers to create commodities that are then sold to customers.

Therefore, the correct answer is (C) Direct marketing.

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When a business such as carmax sells a used car to an individual for $9,000 then no part of this transaction counts in gdp because the car is used. True or false?.

Answers

True.GDP includes the value of all final goods and services produced in a country in a given period of time. It does not include the sale or purchase of intermediate and used goods. Hence when the business sells a used car to an individual, it is not counted in GDP.

Gross domestic product (GDP) is the standard degree of the price brought created through the manufacturing of goods and services in a rustic during a certain period. As such, it additionally measures the earnings earned from that manufacturing or the total quantity spent on final items and services (much fewer imports).

Key Takeaways. GDP can be calculated by adding up all of the money spent by customers, corporations, and authorities in a given duration. It may additionally be calculated with the aid of including up all the cash obtained with the aid of all of the participants within the economic system. In either case, the number is an estimate of "nominal GDP."

Economists frequently agree that the precise GDP boom rate is between 2% and three%. five increase needs to be at 3% to keep a natural fee of unemployment. But you do not need a boom to be too fast. with a purpose to create a bubble, which then leads to a recession while it bursts.

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Create an Income Statement for the month ended November 30, 2020 for Riley Repair Shop:

Repairs Revenue is $9,900
Installation Fees is $1,600
Salaries Expense is $2,600
Rent Expense is $2,000
Advertising Expense is $850
Supplies Expense is $185
Utilities Expense is $235
Insurance Expense is $150
Delivery Expense is $770

Answers

The Net income from the Income Statement of Riley Repair Shop equals $4,710.

What is the Income statement?

Revenue:

Repairs Revenue = $9,900

Installation Fees = $1,600

Total $11,500

Salaries Expense = $2,600

Rent Expense = $2,000

Advertising Expense $850

Supplies Expense $185

Utilities Expense $235

Insurance Expense $150

Delivery Expense $770

Total $6,790

Net Income $4,710

Therefore, the Net income from the Income Statement of Riley Repair Shop equals $4,710.

Answers

The statement is true.

A plaintiff suing for disparate-treatment discrimination in hiring must first file a prima facie case. At first glance = prima facie

Case in which the plaintiff has given sufficient proof of his or her claim that the case will be determined in favor of the plaintiff unless the defendant offers no evidence to dispute it.

In the absence of a legally acceptable employer response, a plaintiff who sues on the basis of disparate-treatment discrimination in hiring must make out a prima facie allegation of illegal discrimination and will prevail.

Hence, it is true.

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The Japanese automobile manufacturer Mazda produces the Premacy SUV in Haikou, China at a plant it built in the Chinese province. Mazda is using _____ to engage in global trading. Group of answer choices cooperative cartel limited partnership international corporation direct foreign investment international cooperative

Answers

foreign direct investment

What is foreign direct investment?A corporation from nation A will invest in country B by starting their own commercial activities there or by buying a local company. This practice is known as foreign direct investment (FDI). The new company in country B must be controlled and managed by the investor from nation A in order to qualify for FDI.The investment could entail purchasing a material supply, growing a business's reach, or establishing a global presence.By 2020, the United States will trail China in terms of FDI attraction.Why do companies engage in foreign direct investment?Avoid trade restrictions. National protectionism still appears occasionally despite the increased prevalence of free trade.Lower the cost of production. Companies increasingly use foreign direct investment to lower production costs.Examples of Foreign Direct InvestmentsMergers, acquisitions, or joint ventures in the retail, service, logistics, or manufacturing sectors may be part of foreign direct investments. They point to a global business expansion plan.

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If The Deli delays paying its suppliers by an additional ten days, then: its payables turnover rate will increase. it should require less bank financing of its daily operations. its stock-out costs will rise. its cash cycle will increase by ten days. its operating cycle will increase by ten days.

Answers

The Deli should need less bank finance for its everyday operations if it delays paying its suppliers by an additional ten days.

What is meant by "bank finance"?

Banking institutions that have provided credit facilities to the relevant borrowers in relation to Operational Projects are referred to as Financing Banks. These financial institutions are fully and specifically described in the Portfolio Liabilities Schedule (Schedule 1.1(uu)); Financing Banks has the meaning given in Section 1.04.

What three sorts of finance are there?

Personal finance, corporate finance, and public (government) finance are the three primary subcategories within the field of finance. Financial services are used by both consumers and corporations to obtain financial goods and accomplish financial objectives.

What kind of finance do banks use?

They take in money (deposits) and then disperse it in the form of financial goods like mortgages and consumer loans, which is what they do by definition. Banks may pay a little amount of interest on the deposits they receive, but they charge a greater interest rate on the money they lend out.

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Waterway Industries has beginning and ending raw materials inventories of $126000 and $150000, respectively. If direct materials used were $690000, what was the cost of raw materials purchased

Answers

Your question is incomplete. Please read below for the missing content.

The correct option for the cost of raw materials purchased is $714,000.

Solution:

Statement showing the computation of cost of raw material purchased

Ending raw material inventory of $150,000

Add: Cost of direct material used $690,000

Less: Beginning raw material inventory $(126,000)

Cost of raw material purchased $714,000

Conclusion:

Hence the cost of raw material purchased is $714,000

Hence the correct option is $714,000.

Purchases of raw materials, consumables and offerings are purchases of all commodities used as inputs inside the manufacturing technique and of offerings related to the supply of factors of production, inclusive of renting belongings or system, leasing, brief group of workers, and, in general, all outside offerings purchased for personal use (protection body of workers, cleaners and many others.).

Waterway Industries has a beginning and ending raw materials inventories of $126000 and $150000, respectively. If direct materials used were $690000, what was the cost of raw materials purchased?

A. $720000.

B. $714000.

C. $690000.

D. $666000.

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The correct option for the cost of raw materials purchased is $714,000

Explanation:

Statement showing the computation of cost of raw material purchased

Ending raw material inventory of $150,000

Add: Cost of direct material used $690,000

Less: Beginning raw material inventory $(126,000)

Cost of raw material purchased $714,000

Conclusion:

Hence the cost of raw material purchased is $714,000

Purchases of raw materials, consumables, and offerings are purchases of all commodities used as inputs inside the manufacturing technique and of offerings related to the supply of factors of production, inclusive of renting belongings or system, leasing, brief group of workers, and, in general, all outside offerings purchased for personal use (protection body of workers, cleaners and many others.).

Your question is incomplete. Please read below for the missing content.

Waterway Industries has a beginning and ending raw materials inventories of $126000 and $150000, respectively. If direct materials used were $690000, what was the cost of raw materials purchased?

A. $720000.

B. $714000.

C. $690000.

D. $666000.

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3
The Gregor family installed a pool in their backyard but refused to put in a fence. While the Gregors were on vacation, a 10-year-old boy jumped
in their pool and was injured. The boy's family will MOST likely sue the Gregors for what?
OA coverage
OB. negligence
OC fraud
OD. consideration

Answers

The Gregor family installed a pool in their backyard but refused to put in a fence. While the Gregors were on vacation, a 10-year-old boy jumped in their pool and was injured. The boy's family will MOST likely sue the Gregors for negligence.

As there is negligence on gregors family part, which can be completely seen as they refused to put fence in their backyard.

Negligence is a failure to exercise ethical ruled care that was expected to be exercised amongst specified circumstances here refused to fence the pool in the backyard.

The area of tort law is known as negligence involves harm caused by failing to act as a form of carelessness possibly with given circumstance.

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If a large firm plans to become more competitive in its market space and has already decreased its production costs using economies of scale, what would happen in relation to its intra-industry trade

Answers

It would work to expand its competitive products into other countries and offer a variety to customers is the answer.

Intra-industry trade means exchanging similar products in the same industry. The term is commonly used in international trade where the same type of goods or services are imported and exported.

Intra-industry trade can be broadly defined as a situation in which countries import and export essentially the same product at the same time. For example, the United Kingdom both exports and imports cars to Sweden.

However, most of the trade is intra-industry trade. That is, the trade of goods within the same industry from one country to another. For example, the United States produces and exports automobiles and imports automobiles.

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A Blank______ covenant specifies actions that the firm agrees to take. Multiple choice question. positive negative preventive prescriptive

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A positive covenant specifies actions that the firm agrees to take.

This is a statutory provision of a contract or legal document in which one party promises or is prevented from taking certain actions or has a specific obligation to protect the interests of the other party.

High-risk projects tend to transfer wealth from bondholders to shareholders. Why do bond contracts limit high-risk investments by shareholders in the event of a financial emergency? Bondholders cannot limit the company's future credit decisions.

Steal the key. Negative contracts are contracts that prevent a company from taking certain actions. This is a promise to do nothing. For example, a contract with a public company may limit the number of dividends a public company can pay to its shareholders.

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A firm in the market for designer jeans has some degree of monopoly power. The demand curve it faces has a price elasticity of demand of

Answers

A rule of thumb is used to determine if the monthly rent earned from a piece of investment property will exceed that property's monthly mortgage payment.

Using the rule of thumb pricing the profit-maximizing price of a monopoly firm is = [tex]P = MC/1+(1/Ed)[/tex]

Ed is the elasticity of demand for a firm, not the market. So,

[tex]Ed = -3.P = $50/1+ (1/(-3)) = $50/(1-1/3)p = 50/(2/3 ) = $75[/tex] dollar.

Monopoly power (also known as market power) refers to the ability of a company to charge a price higher than its marginal cost. Monopoly power usually exists when demand is less elastic and barriers to entry are large.

There are three main sources of monopoly power: (1) price elasticity of demand (Ed), (2) number of companies in the market, and (3) interaction between companies. The price elasticity of demand is the most important determinant of market power for price rules: L = (P – MC) / P = -1 / Ed.

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You plan to deposit $5,300 at the end of each of the next 20 years into an account paying 10.8 percent interest. a. How much money will you have in the account in 40 years

Answers

The amount of money in the account in 40 years is $28, 196

Calculations and Parameters

Equation:

I = Prt

First, converting R percent to r a decimal

r = R/100 = 10.8%/100 = 0.108 per year,

then, solving our equation

I = 5300 × 0.108 × 20 = 11448

I = $ 11,448.00

Therefore, this is the interest gained after 20 years.

To get the interest for an additional 20 years, we would multiply by 2

11,448 * 2

= $ 22,896.00

Therefore, the total money gained after this period would be:

$22,896 + $5,300

= $28, 196

Answers

At the survival and early success stage of the organizational life cycle, it becomes appropriate to introduce mechanistic structures that support the standardization and formalization required to create effective coordination across the organization. This is further explained below.

What is the organizational life cycle?

Generally, The stages of an organization's existence, from its founding to its dissolution, are collectively known as the organizational life cycle.

In conclusion, Mechanistic structures that support the standardization and formalization that is necessary to develop effective coordination across the organization should be introduced when an organization reaches the stage of its life cycle known as the survival and early success stage.

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The statute of frauds does not apply to contracts that involve the sale of a land interest. true false

Answers

It is false that the statute of frauds does not apply to contracts that involve the sale of a land interest.

What is fraud?

This refers to willful act of taking advantage of others through a dubious or deceptive manner.

Fraud means intentional unlawful deception by making false statements to be able to gain something valuable.

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The y-combo company is in need of new software to run its information technology services. Y-combo narrows down the prospects to two companies. The second company shows how itsit software also integrates easily with y-combo’s accounting, human resources, and crm software package. The second company is offering y-combo what type of a sale?.

Answers

Answer:

solution sale

Explanation:

A perfectly competitive firm is producing at the point where its marginal cost equals its marginal revenue. If the firm boosts its output, its total revenue will ____ and its total profit will ____.

Answers

A perfectly competitive firm is producing at the point where its marginal cost equals its marginal revenue. If the firm boosts its output, its total revenue will rise and its total profit will fall.

A perfectly competitive business must accept the equilibrium price at which it sells its products because it is a price taker. A completely competitive business will not be able to generate any sales if it seeks to charge even a small amount above the going rate.

A perfect market, also known as an atomistic market, is defined by various idealizing conditions, which are together referred to as perfect competition, or atomistic competition, in economics, specifically general equilibrium theory.

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What type of timeshare involves a buyer agreeing to pay a one-time purchase price and an annual maintenance fee, and in return selecting an accommodation time and having the right to use the unit for a specified number of years

Answers

The type of timeshare that involves a buyer agreeing to pay a one-time purchase price and an annual maintenance fee, and in return selecting an accommodation time and having the right to use the unit for a specified number of years is a Vacation. this is further explained below.

What is Vacation?

Generally, there should be a standard break between semesters in schools and terms in courts.

In conclusion, A Vacation is a sort of timeshare where the buyer agrees to pay a one-time purchase price and an annual maintenance charge in exchange for the opportunity to use the unit at a certain period and for a predetermined number of years.