Background
Tema Industrial Products (TIP) manufactures and sells a wide variety of industrial tools to various
resellers and end users. Founded in 1990, the company prides itself on producing high-quality,
durable tools. The company's salesforce has always been an integral part of its success. Sales reps
at TIP work hard and are rewarded accordingly.
Current Situation
Tema Industrial Product's national sales manager, Benjamin Oduro, has enjoyed a great deal of
success with his salesforce. Since his promotion to his position three years ago, things have gone
relatively smoothly, until now.
"When it rains, it pours," Ben thinks to himself as he sits at his
desk and contemplated two issues confronting him. For starters, one of his star salespeople,
Charles Anim, seems to be slowing down at a time when his help was desperately needed.
Secondly, the company has added a new Web page, and reps are upset.
Charles Anim has worked for TIP for almost three years. In his first year, he generated GHC
850,000 in revenues, hitting 112 percent of quota. He followed this by racking up sales of
GHC1.29 million, for 119 percent of quota. He accomplished this by prospecting and meeting
with customers 14 hours a day during the week, and completing reports and writing proposals on
the weekends. At this pace, Anim looked as if he would exceed quota again this year-that is, until
he had his first child two months ago. Currently, he's down to 50 to 60 hours per week, and his
sales reflect this.
Oduro is worried. TIP currently is undertaking an ambitious growth program. Next month alone,
it plans to introduce four new products. Oduro had hoped to make Anim a member of the
management team. In casual conversation with Anim, however, Oduro discovered that Anim was
not interested in becoming a manager at TIP because the big money is in sales. Anim is still
carning a hefty paycheck despite working fewer hours. To be successful, Oduro realizes that he
needs to get back the energetic, hard-charging Anim he hired, but he is not sure how.
In the meantime, the salesforce, including Anim, is upset.
As part of its aggressive growth
strategy, the company began accepting orders through its Web site. While customers are happy
about his, the salesforce is not. Although salespeople earn commissions on current customers who
order through the Web site, they do not receive commissions on any new Web customers in their
territories. The company's president, Samuel Patterson, views the Web site as an additional "rep."
However, salespeople see it as competition. Consequently, productivity and morale are down.
Oduro is caught in the middle. He needs to find a solution to please both his salesforce and
Patterson.
Question 1
How do you suggest that Oduro handles Anim?
(8 marks)
Assess the situation regarding Tema Industrial Products' use of the Web.
(10 marks)
What would you suggest that Oduro does to please both Patterson and his salesforce?
(8 marks)
Describe the primary financial and nonfinancial compensation rewards available to
salespeople.

Answer:

exports as demand in all countries substantially rises.

Answer:

A group of people who have to achieve common goal is known as team. If we work in team it increases our creativity and learning, it also builds trust. It boost the particular person when we work in team. We can also learn faster. There are more chances of getting success in particular area if we work in team. As there is saying, " together we can achieve more what each of us can achieve." It also enhances productivity and capability.

The beta of AAPL is 1.33, and the CAPM-implied return for AAPL is 19.32%.

To calculate the beta of AAPL, we use the formula:

Beta = Covariance(AAPL, Market) / Variance(Market)

Given that the covariance of AAPL with the market portfolio is 4 and the variance of the market portfolio is 3, the beta of AAPL can be calculated as:

Beta = 4 / 3 = 1.33

The magnitude of the beta indicates that AAPL is expected to be 1.33 times as volatile as the overall market.

To compare the estimated beta of AAPL on Yahoo! Finance, you can visit their website or use their financial data platform to find the most up-to-date beta value for AAPL. Please note that the beta value may vary over time due to changes in market conditions and company-specific factors.

To calculate the CAPM-implied return for AAPL, we use the formula:

CAPM-implied return = Risk-free rate + Beta * (Market return - Risk-free rate)

Given a risk-free rate of 1% and a market portfolio annual return of 15%, the CAPM-implied return for AAPL can be calculated as:

Therefore, CAPM-implied return = 1% + 1.33 * (15% - 1%) = 19.32%

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Answer:

Limited Liability Company (LLC)

Explanation:

A limited Liability Company (LLC) is a business structure in the United States that protects its owners from the personal responsibility for its repayment of debts and liabilities. It is a hybrid entity that has the characteristics of a corporation, partnership and sole proprietorship. The regulation of LLC's varies from one state to another. An entity or individual can be a member of an LLC with notable exceptions from banks and insurance companies. The primary reason for registering a business under LLC is to limit the personal liability of the owners as well as the partners. LLC may have some attractive features but they also possess some great disadvantages as well. Depending upon the state law, an LLC may be dissolved upon the death or bankruptcy of a member.

Answer:

The answer is below.

Explanation:

The z score is a used in statistics to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:

\(z=\frac{x-\mu}{\sigma}\\\\where\ x=raw\ score, \mu=mean,\sigma=standard\ deviation\\\\For\ a\ sample\ size(n):\\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }\)

a) Given that n = 100, μ = 2000, σ = 18

For x < 1995 millimeters:

\(z=\frac{x-\mu}{\sigma/\sqrt{n} }=\frac{1995-2000}{18/\sqrt{100} } =-2.78\)

From the normal distribution table, P(x < 1995) = P(z < -2.78) = 0.0027

b) P(z > z*)  = 10% = 0.1

P(z < z*) = 1 - 0.1 = 0.9

z* = 1.28

\(z*=\frac{x-\mu}{\sigma/\sqrt{n} }\\\\1.28=\frac{x-2000}{18/\sqrt{100} }\\\\x-2000 =-2.304\\\\x=2002.3\ ml\\\\\)

From the normal distribution table, P(z < z

Based on the provided information, the Agile Development model would be the most suitable software development process model for developing the new internet banking program for Global Banking Inc. Here's the rationale for choosing Agile:

1. Iterative and Incremental Development: Agile Development follows an iterative and incremental approach, which aligns well with the requirement of delivering the program in four releases, 10 months apart.

2. Emphasis on Customer Collaboration: Agile Development emphasizes close collaboration with the customer throughout the project.

3. Faster Time-to-Market: Agile Development, with its iterative nature, enables the delivery of working software in shorter cycles. This aligns with the customer's requirement of having the product fully tested and installed three months before the official releases.

4. Ability to Manage Risks: Agile Development promotes risk management throughout the project by identifying and addressing potential challenges early on.

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It is an example of Strength in SWOT Analysis.

SWOT Analysis is a strategic planning technique used for identifying and analyzing internal strengths and weaknesses in an organization includes the Strength, Weakness, Opportunities and Threat.

In conclusion, an example of the find-a-hand’s forms the Strength in the SWOT analysis of the company.

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Answer:

need to know what its about?

Explanation:

The education and qualifications that a high-level National Security Officer would most likely need are :

Through a competitive, national, merit-based annual competition, successful applicants distinguish themselves as highly motivated in their academic and career goals and in their strong commitment to public service. In return for support, award recipients agree to work in qualifying national security positions for at least one year.

Thus, the education and qualifications that a high-level National Security Officer would most likely need are :

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Answer:here's the answer for this question

Explanation:edge2023

The journal entry to record the cash sales in the company books is:

Option A. Debit Cash $8,000; credit Sales $7,360; credit Sales Taxes Payable $640.

When recording cash sales with an additional sales tax, it is important to account for both the sales revenue and the sales tax liability.

In this case, the cash sales amount is $8,000. To record this transaction, we would debit the Cash account for $8,000, representing the increase in the company's cash assets.

The sales are subject to an additional 8% sales tax, we need to determine the sales revenue amount, excluding the sales tax. To calculate the sales revenue, we divide the cash sales amount by 1 plus the sales tax rate (1 + 8% = 1.08):

$8,000 / 1.08 = $7,407.41 (rounded to $7,360)

We would credit the Sales account for $7,360 to represent the revenue from the cash sales, excluding the sales tax.

We need to credit the Sales Taxes Payable account for the amount of sales tax collected. The sales tax amount can be calculated by subtracting the sales revenue from the cash sales amount:

$8,000 - $7,360 = $640

We would credit the Sales Taxes Payable account for $640, indicating the liability for the sales tax owed to the tax authorities.

The journal entry to record the cash sales in Manama Trading's books would be:

Debit: Cash $8,000

Credit: Sales $7,360

Credit: Sales Taxes Payable $640

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Straight-line accounting method is generally used to compute amortization expense. What is the straight-line method of depreciation? Straight-line depreciation is a method of calculating the value of an asset over its useful life.

Depreciation is an accounting term that refers to the gradual decrease in an asset's value over time. A firm may allocate the cost of a long-lived asset over its useful life for accounting purposes using this approach. What is amortization expense? Amortization is the process of gradually reducing the book value of an intangible asset.

The cost of an intangible asset is gradually reduced to expense over its useful life in the same way that depreciation is gradually reduced to expense for a tangible asset. Amortization is a non-cash expense that appears on a firm's income statement, similar to depreciation. Therefore, the straight-line accounting method is generally used to compute amortization expense.

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A strategy is a plan of action or policy designed to achieve a major or overall aim. It involves setting goals, identifying resources, and determining the steps needed to reach the desired outcome.

The strategy may involve multiple tactics or approaches, but the overall focus is on achieving a specific goal or objective. A strategy is a key tool used in business, government, and other organizations to achieve their goals and objectives. It allows for a structured approach to problem-solving and decision-making, ensuring that resources are used effectively and efficiently. Developing a strong strategy requires careful analysis of the situation, understanding of the desired outcome, and consideration of potential obstacles or challenges.

Strategies are typically developed in response to specific challenges or opportunities and are used to guide decision-making processes.

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Answer :

Promotion is the P of marketing Henry may focus on to differentiate his retail shop.

Explanation :

In marketing, there are seven (7) P's that make up the marketing mix. The four (4) most important P's in the marketing mix are P-product, P-price, and P-place. P-promotion According to the text, Henry cannot utilize the first P, which stands for product, because he is aware that his store offers the same quality as the others.

Henry can't utilize the second P, Price, as a marketing technique since he knows that other business owners are already charging the bare minimum to stay competitive. Henry can't utilize the third P, which stands for Place, because his business is on the same street as the other retail stores, and he can't improve on that. Henry's lone marketing tool for beating the competition is the fourth P, which stands for Promotion.

This is because word-of-mouth knowledge established by other business owners is insufficient to create widespread awareness; word-of-mouth can only reach friends and relatives. As a result, the P in marketing that Henry may use is Promotion. He may achieve this by creating global awareness through advertisements on television, radio, social media, printing handbills, and sales promotions such as lottery draws, festive sales, clearance discounts, and offering consumers bonuses such as the buy three, get one free promotion.

The provision in a mortgage that may pose a problem with a transfer of real estate into a trust is the "due on sale clause." The Option B.

The "due on sale clause" in a mortgage may create issues when transferring real estate into a trust. This clause typically allows the lender to demand full repayment of the mortgage if the property is sold or transferred without the lender's consent.

When a property is transferred into a trust, it effectively changes ownership triggering the due on sale clause. As a result, the lender may require immediate repayment of the outstanding mortgage balance, which can complicate the transfer process and create financial difficulties for the trust or the parties involved in the transfer.

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A bagel shop that decides to open up an hour earlier every morning is taking advantage of a market penetration opportunity. Market penetration refers to the strategy of increasing sales of existing products in existing markets. Option A.

In this case, the bagel shop is not introducing any new products or entering new markets. Instead, it is simply expanding its operating hours to capture more sales from its existing customers.
By opening up an hour earlier, the bagel shop can cater to customers who prefer to have breakfast earlier in the day. This can help the shop capture a larger share of the breakfast market in its area. Additionally, by being open earlier, the shop may be able to attract customers who were previously going to other breakfast places that open earlier.
Market penetration is a common strategy for businesses looking to grow sales without making significant changes to their products or markets. It is generally considered a lower risk strategy compared to diversification or entering new markets, as the business is leveraging its existing strengths and resources to increase sales. Overall, the bagel shop's decision to open up earlier is a smart move to capitalize on a market penetration opportunity. Option A.

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Answer:

liabilities.

Explanation:

A balance sheet is prepared based on the accounting equation of assets = capital + liabilities.

The liability section is where the debts of the business are recorded. Liabilities represent what the business owes to suppliers and other third parties. They are expressed in monetary value. Liabilities are further subdivided into current and long term liabilities.

Answer: Quality

Explanation:

High-performance teams refers to the teams, or organizations which focuses on their goals and therefore achieve superior results and outperform other similar teams.

The component of effective high-performance teams that is represented by the use of real-time feedback devices is quality.

A high-performance team is described as a combination of people with particular responsibilities and supplementary abilities and skills aligned with and dedicated to a shared goal, who constantly exemplifies cooperation and mutual and innovative thinking, start producing excellent performance, and suppress revolutionary or drastic views that may be harmful.  

The component of effective high-performance teams is represented by the use of real-time feedback is  Quality.

The high-performance team is known for being the similar, main objective, and sound better system that helps any group member to overcome any obstacles in attaining the team's objectives.

In psychology, quality is a property or feature of an element. The concept of qualities, and notably how to identify different kinds of characteristics from one another, is still debated in contemporary philosophy.

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The statement is True. The allowance method requires managers to estimate future uncollectible accounts and to record that estimate in the current year.

Below the direct write-off technique, when a small enterprise determines an invoice is uncollectible they are able to debit the terrible money owed fee account and credit score money owed Receivable right now. This eliminates the revenue recorded as well as the outstanding stability owed to the business in the books.

Accounts uncollectible, additionally referred to as uncollectible money owed or awful debts, are credit sales in bills receivable which can be not likely to be gathered from a consumer. The term is used in the valuation of bills receivable on an organization's stability sheet.

Because the allowance for dubious money owed account is a contra asset account, the allowance for dubious accounts' normal balance is a credit balance. So for an allowance for dubious bills magazine entry, credit score entries grow the amount in this account and debits decrease the amount on this account.

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Answer:

Financial statements are a collection of summary-level reports about an organization's financial results, financial position, and cash flows. They include the income statement, balance sheet, and statement of cash flows.

The social loss under a full insurance plan can be calculated by comparing the quantity demanded at the out-of-pocket price with the quantity demanded at the list price. In this case, the list price (P₁) is $50.

To find the quantity demanded at the list price, we substitute Pp = P₁ into the demand function:
Q = 70 - Pp
Q = 70 - $50
Q = 20

So, at the list price of $50, the quantity demanded is 20.

Next, we compare this with the quantity demanded at the out-of-pocket price (Pp). Since the demand function is given as Q = 70 - Pp, we substitute Q = 20 and solve for Pp:
20 = 70 - Pp
Pp = 70 - 20
Pp = $50

Therefore, even under a full insurance plan where the consumer faces a lower out-of-pocket price, the quantity demanded remains the same as at the list price.

In conclusion, the social loss under a full insurance plan is zero since the quantity demanded does not change. This means that the insurance plan fully covers the cost for the consumer, resulting in no additional social loss.

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Answer:

B. It severely lowers a persons credit rating.

Explanation:

Immediately a person files for bankruptcy, their credit history changes to bankrupt status instantly. The bankruptcy status may stay up to 10 years. It becomes very challenging for such individuals to get credit facilities. Any lender seeking to get their credit history to advance them a loan will get a bankrupt status as the feedback.

Bankruptcy means that the  person does not have sufficient  assets to cover their debt obligations.  All their credit cards get canceled. The bankruptcy status creates a long term negative effect on credit history.

One drawback of declaring bankruptcy it severely lowers a person's credit rating. Thus, option B is appropriate.

Bankruptcy gives those who are unwilling to pay their obligations the chance to start over by selling assets to pay off debts or by developing a repayment plan. Bankruptcy laws also provide protection for financially troubled businesses. In this part, the laws and the bankruptcy procedure are described.

Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Typically, bankruptcy is imposed by an administrative order that the debtor regularly requests.

Thus, option B is correct.

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$1,109,479.93 amount should stone record the lease liability on january 1, 2024, before any lease payments are made which means Present Value of Lease Liability is $1,109,479.93

Requirement 1

Equipment should be recorded at its Cash Price Equivalent. But in the absence of such, it is recorded at the present value of payments or fair value at the time of acquisition, whichever is lower.

Since Cash Price Equivalent and fair value is not available, we will use the discounted value of payments.

Annual Payments = $6,000

PV of 11% ordinary annuity for 6 periods = 4.23054

Present Value of Annual Payments = $6,000 x 4.23054 = $25,383.24

Add: Down Payment - $29,000

Present Value of Equipment = $54,383.24

Requirement 2

Future Value of Debt = $590,000

Future Value factor of 6% for 5 periods = 5.63709

Required Annual Deposits = $590,000 / 5.63709 = $104,663.93

To raise a total of $590,000, Johnstone should invest $104,663.93 annually to pay off its debt due in December 31, 2021.

Requirement 3

Lease liability are recorded at the present value of the total minimum lease payments.

Annual Payment = $139,000

Present Value factor of 11% annuity due for 15 periods = 7.98187

We use annuity due because the payments are made in advance.

Present Value of Lease Liability = $139,000 x 7.98187 = $1,109,479.93

Lease liability is recorded at its present value. An interest expense is also recognized annually for the whole life of lease.

Investments are monetary resources purchased in order to earn returns in the future or to be sold in the future for profit. The higher the investment, the higher the return is. But it also means higher risk.

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Answer:A, Your personal information may be used in ways you do not want

Explanation:

If it is a unsafe site than there for your personal information can go places you do not want them to.

When a site is unsafe, it means your personal information may be used in ways you do not want. Thus, option 'A' is the correct option.

External connections to websites with phishing, malware, or unwanted software are known as unsafe domains. Phishing is when a website imitates another one in an effort to fool visitors into divulging personal or financial information. When you visit an insecure website, you run the risk of having your personal information compromised and/or having malicious malware installed on your system.

Additionally, you can fall prey to a phishing attack, or someone else might watch your activity or use your resources for their own gain. If the content you're seeking to view is harmful or misleading, a warning will appear. These websites are frequently referred to as phishing or virus sites. If you clicked on a phishing link, the first thing you should do is immediately unplug your device from the internet.

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The three most important factors that influence the selection of your site are;

Access to the necessary infrastructure.

2. The distance from your location to the closest port or train station.

3. The accessibility of the necessary Resources.

This is further explained below.

Generally, Websites and mobile apps owned, managed, or administered by or on behalf of the Company are referred to as "Business Sites" herein.

In conclusion, Access to the essential infrastructure, cost, and aesthetics are the three most significant aspects to consider when choosing a location for your business.

2. The distance that separates your position from the nearest railway station or port of entry.

3. The ease with which the required Resources may be accessed

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In the presence of a positive externality, a Pigouvian subsidy is required (instead of a tax), to restore the socially optimal level--- True.

This is due to the fact that the pigouvian subsidy is really a form of economic incentive that is used to boost employees' enthusiasm for growth, which benefits both those who are not involved and society as a whole. Positive externalities are activities or activities that advantage individuals who are not engaged with the exchange.

A pigouvian subsidy is one that is used to encourage behavior that benefits society as a whole or other people who are not involved. Positive externalities are behaviors or actions that benefit people who are not involved in the transaction. Producers whose goods have external benefits receive subsidies. Due to: Most people think that getting the flu shot is more expensive for them than it is for them.

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The marketing theory that can be applied to the strategy of bundle pricing is the Pricing Strategy.

The Pricing strategy theory is applied to bundle pricing as it involves the tactic of selling two or more products or services as a single combined unit.

The main aim of bundle pricing is to offer a package of products or services together to increase the total value and convenience for the consumer.

Therefore, the theory of pricing strategy involves several techniques such as cost-plus pricing, value-based pricing, and psychological pricing that can be applied to bundle pricing to attract consumers with a higher perceived value and increase sales and profits.

A bundle pricing strategy is common in different industries including fast-food chains, software, and electronics as it offers benefits to both the company and consumers.

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The total cost when quantity equals 15 is $1,950, and the average total cost when quantity equals 20 is $147.50.

Total cost when quantity equals 15:

Total Cost = Fixed Cost + (Variable Cost x Quantity)

Total Cost = $150 + ($120 x 15)

Total Cost = $150 + $1,800

Total Cost = $1,950

Therefore, the total cost is $1,950.

Average total cost when quantity equals 20:

Average Total Cost = Total Cost / Quantity

Total Cost = Fixed Cost + (Variable Cost x Quantity)

Total Cost = $150 + ($140 x 20)

Total Cost = $150 + $2,800

Total Cost = $2,950

Average Total Cost = $2,950 / 20

Average Total Cost = $147.50

Therefore, the average total cost is $147.50.

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-- The given question is incomplete, the complete question is given below  "When quanitity is 15, fixed cost is $150  , variable cost is $120. when quanitity is 20, fixed cost is $150  , variable cost is $140.

calculate the total cost when quantity equals 15_____. $ 2. calculate the the average total cost when quantity equals 20_____.  "--

The entity that generally cannot use the cash method of accounting among the given options is A.

A corporation that has long-term contracts. The cash method of accounting records revenues when cash is received and expenses when they are paid, making it unsuitable for long-term contracts where expenses and revenues occur over an extended period.

B, C, and D are typically eligible to use the cash method of accounting. B. A family farming corporation with gross receipts of $25 million or less can use the cash method as it falls under the IRS's specified threshold for small businesses. C.

A qualified personal service corporation, which provides services like legal, accounting, or consulting, can use the cash method since it primarily deals with providing professional services rather than dealing with long-term contracts or inventory management. D.

An entity with no inventories and average annual gross receipts of $5 million or less is eligible to use the cash method since it meets the small business criteria set by the IRS, and the absence of inventory simplifies the accounting process.

In conclusion, while the cash method of accounting can be used by several types of entities, it is generally not suitable for corporations with long-term contracts due to the nature of their business transactions.

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