Course name: Strategic managementQuestion) What are the strategic decisions organizations has to take for sustain in the competitive market in this post-pandemic era?# strategic and strategic management tools which organizations user [ highlight service-oriented on manufacture companies]

The variable cost of the business is $5,100.

To determine the variable cost of a business, we need to use the formula:

Total cost = Fixed cost + Variable cost

We can rearrange this formula to solve for the variable cost:

Variable cost = Total cost - Fixed cost

Substituting the given values, we get:

Variable cost = $14,000 - $8,900

Variable cost = $5,100

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Answer:

The company's variable cost is $5,100.

Explanation:

In this circumstance, a strategy-type plan must be created, and the following procedures must be taken to create a model business plan:

(a) Establishing an objective: The company may set a long-term goal of attracting more and more quality-conscious customers or of being the market's leader in terms of both quality and trends by the end of the first year.

(b) Choosing a specific course of action: To make their products better than those of competitors, the corporation must either spend more money, import the newest technology, or both.

(c) Allocating resources to accomplish the goals. The business must obtain authorization before importing technology, increase funding for its research and development department, and hire staff with the most recent training.

2. The typical drawbacks are:

(a) It might be extremely expensive;

(b) It takes a long time;

(c) Success is not guaranteed, and

(d) It might not work in a dynamic environment.

3. To solve these issues:

(a) Prepare a budget to implement this plan and operate within the revenue allotted in the budget.

(b) Establish a deadline for completing the plan, and then carry out the plan solely within that deadline.

(c) Thoroughly assess the environment before putting the strategy into action.

(d) Use the strategy carefully and with prudence.

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Answer:

Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.

Answer:

0.078

Explanation:

We can determine the number of moles of any compound that is present in the sample by simply dividing the provided weight of the material by its molar mass. The number of moles of Cu produced in this reaction is

=\(8.80 * 10^{-3} mol\)

To calculate the mol of Cu we have,

Mole of Al

= \(\frac{mass(g)}{molar mass(g/mol)}\)

\(=\frac{0.75 g}{27 g/mol}\)

\(=0.0277mol\)

mole of \(Cucl_2. 2H_2o\) \(= \frac{1.50g}{170.48 g/mol}\)

= 0.00879mol

\(3cucl_2.2H_2o+2Al--- > 3Cu+2AlCl_3+6H_2O\)

Find limiting reactant by lower mole ratio,

mole ratio of Al= moles/ balanced coefficient

\(=\frac{0.0277 mol}{2 mol}\)

=0.01385

mole ratio of \(Cucl_2.2H_2o\) = \(\frac{0.00879}{3} = 0.00293\)

here, \(Cucl_2.2H_2o\) is limiting reactant,

so, mole ratio of Cu = mole ratio of \(Cucl_2.2H_2o\)

\(\frac{mole of Cu }{3} = 0.00293\)

Hence mole of Cu= 3×0.00293 = \(8.80*10^{-3} mol\)

Therefore, The number of moles of Cu produced in this reaction is

=\(8.80 * 10^{-3} mol\)

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Answer:

C) Variable costs

Explanation:

Answer:

He should choose a career cluster that will allow him to support himself.

Explanation:

One advantage of a trade school education is that there is easier access to courses and specialized knowledge.

This refers to the type of education where some technical skills are taught to students to be knowledgeable in certain tradecrafts and occupations.

Hence, we can see that based on the fact that this is post-secondary education, it gives the students the added edge of getting access to skills and specialized knowledge.

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Answer: It is less costly than attending a four-year college.

Explanation:

Real wages are adjusted for inflation, so if inflation exceeds wage growth, real wages will decline.

The rate of inflation between 2014 and 2015 is 6.67%. If the CPI was 225 in 2014 and 240 in 2015, the inflation rate can be calculated as [(240 - 225) / 225] x 100 = 6.67%. Since your salary only increased by 3.5% while the inflation rate was 6.67%, your real wages decreased from 2014 to 2015. This is because the cost of living increased faster than your salary did, resulting in a decrease in purchasing power. Real wages are adjusted for inflation, so if inflation exceeds wage growth, real wages will decline.

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Answer:

b. customers

Explanation:

The organizational strategy can be understood as a plan that aims to develop action plans so that a company can achieve its objectives and goals, so it is correct to state that the strategy should focus primarily on the organization's customers.

A company exists to satisfy the desires and needs of potential customers, so that is the substantial reason for its existence and where its focus must be, of course, a strategy must understand the organizational whole, its internal and external environment including shareholders, products and employees, but the focus on the customer must be a priority, so that the company has acceptance, value and market positioning.

Kmart is a departmental store chain in the United States. The store was founded in 1962. In the Balanced Scorecard tool, four perspectives should be considered when developing a future strategy for Kmart.

These four perspectives are as follows:Financial PerspectiveCustomers PerspectiveInternal Processes PerspectiveLearning and Growth PerspectiveThe Balanced Scorecard tool is a popular tool for developing an organization's strategic plan, which incorporates several different metrics to assess performance. Each perspective covers a different area of the organization. Therefore, Kmart's future strategy should cover all four perspectives:

Financial PerspectiveThe financial perspective is the most crucial perspective as it covers the financial health of the organization. Therefore, Kmart should consider the following recommendations for the financial perspective:The store needs to increase its revenue by more than 100% in the next two years. Kmart should explore its current assets, explore new partnerships and mergers, and expand its product line.Customer PerspectiveThe customer perspective covers how an organization is viewed by its customers.

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A manager can utilize a performance appraisal to evaluate an individual employee's effectiveness by setting clear performance goals, providing regular feedback, assessing performance against those goals, and discussing strengths and areas for improvement.

This process helps identify training needs, recognize top performers, and align employee goals with organizational objectives.

Performance appraisal involves setting objectives, assessing progress , documenting achievements, and conducting formal evaluations. It helps managers make informed decisions about promotions, rewards, and development opportunities. Effective performance appraisals promote employee engagement, motivation, and productivity, fostering a culture of continuous improvement.

During the process, managers should communicate expectations, gather performance data, conduct fair and objective evaluations, provide constructive feedback, and establish development plans. Regular performance discussions build trust and enhance employee-manager relationships.

Benefits derived from performance appraisals include improved performance, increased employee satisfaction, enhanced teamwork, identification of skill gaps, and alignment of individual and organizational goals. It allows managers to address performance issues promptly and recognize outstanding contributions, fostering a positive work environment.

In summary, performance appraisals enable managers to evaluate employee effectiveness through goal setting, feedback, assessment, and development. This process yields numerous benefits, including improved performance, employee engagement, and goal alignment.

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When asked to classify some events such as "some customers purchase lots of items and some customers use shopping carts", one can classify such events as independent events. (option a)

Independent events are those events in which the occurrence of one event does not affect the probability of the occurrence of another event.

In other words, the probability of the occurrence of one event does not affect the probability of the occurrence of the other event. Therefore, we can say that some customers purchasing lots of items and some customers using shopping carts are independent events.

These events are independent because one event happening does not affect the probability of the other event happening. The fact that a customer purchases lots of items does not necessarily influence whether or not they use a shopping cart, and vice versa.

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Answer:

we can just forget the way our school and family taught us and learn finance and math really well and then start putting everything in practice and then you'll forget that you'll ever need a paycheck and that is how it is

The situation taken from the story, then, TYPE TWO conclusions that can be drawn from it. Individual preferences and job satisfaction can vary based on the pace of work and Different individuals have varying levels of patience and tolerance for tasks that require significant time investment.

Based on the given situation, two conclusions that can be drawn are:

1. Individual preferences and job satisfaction can vary based on the pace of work. Lolito enjoys his job when the pace is leisurely, suggesting that he finds satisfaction and enjoyment in a work environment that allows for a slower and more relaxed approach.

2. Different individuals have varying levels of patience and tolerance for tasks that require significant time investment. Lolito's lack of patience in sorting small items indicates that he may prefer tasks that are more time-efficient or have quicker results. This suggests that individuals may have different levels of tolerance for tasks that require attention to detail or extended periods of concentration.

Overall, these conclusions highlight the importance of understanding individual preferences and work styles in creating a conducive and satisfying work environment. Recognizing and accommodating these differences can contribute to increased job satisfaction and productivity.

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Overestimating the effect of government action carries a risk (neglects other factors) Where there is no one, dominating policy or agency engaged, it is challenging to apply. Policies evolve when they are put into practice.

These foundational principles include (1) creating a clear goal; (2) encouraging initiative; (3) empowering employees; (4) providing staff development or resources; (5) restructuring, monitoring, and problem-solving; and (6) planning. These presumptions offer a plan for the duties and method that assist improvement in effective alterations.

The total of a country's yearly budget deficits, less any surpluses, is its national debt. When the government spends more than it brings in, there is a deficit. The government borrows money by offering debt obligations to investors in order to cover its budget deficit.

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Answer:

If you want to You can, if you don't want to work at haunted house then Don't..

I'm not angry UwU

The cost advantage Julie observes, where the cost per item decreases when buying in larger quantities, is the result of economies of scale.

Economies of scale occur when the cost per unit decreases as production or purchasing volume increases. In this case, as Julie buys a larger quantity of supplies, the supplier may offer a discounted price due to the bulk purchase. This allows the cost per item to decrease, resulting in a cost advantage for the office.

Economies of scale can be achieved through various factors, such as spreading fixed costs over a larger production volume, negotiating better prices with suppliers, or taking advantage of operational efficiencies in larger quantities. By taking advantage of economies of scale, organizations can reduce costs and improve their purchasing power.

Recognizing and leveraging economies of scale can help organizations like Julie's office save costs and optimize their purchasing decisions. By buying in larger quantities, they can take advantage of the cost advantage and obtain better value for their money.

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Answer:

Option E

Explanation:

Absolute advantage means that with the same input one country is able to produce more goods and services as compared to the other.

As we can see, Germany is able to produce 40 tons of steel with the same inputs as that of South Korea.

In the same way, Germany is able to produce 10 personal computers with the same inputs as that of South Korea.

Hence, Germany has an absolute advantage in the production of both steel and PCs

Option E is correct

Answer:

it is A. Private citizens

Explanation:

edge 2020 :)

The way through which a store credit card can determine whether to approve the credit card request - or turn you down - on the spot is:

According to the given question, we are asked to show the way through which a store credit card can determine whether to approve the credit card request - or turn you down - on the spot

As a result of this, we can see that every individual has a credit history which enables credit card companies to determine their credit  worthiness so that  they would determine if you are eligible for a credit card loan.

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The characteristic of the takeoff stage of Rostow's Five Stages of Economic Growth is: A country begins to grow rapidly, and new industries start to emerge that drive further economic development.

The economy expands significantly during the takeoff phase as it shifts from traditional industries to more contemporary and industrial sectors. New industries frequently grow as a result of greater investment and technical development.

This expansion supports subsequent economic growth and creates the conditions for long-term advancement. Rapid industrialisation and economic structural change are occurring at this time.

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The amount of total assets at the end of the year is twice the amount of total liabilities plus $153,000. Without knowing the exact amount of total liabilities.

We can use the accounting equation to solve this problem:

Total Assets = Total Liabilities + Stockholders' Equity

If we rearrange the equation, we get:

Total Assets = Total Liabilities + (Beginning Stockholders' Equity - Change in Stockholders' Equity)

We know that the change in Stockholders' Equity is -$63,000. We don't have information about the beginning Stockholders' Equity, but we can calculate it using the equation:

Beginning Stockholders' Equity = Ending Stockholders' Equity + Change in Stockholders' Equity

Assuming that there were no dividends paid during the year, the change in Stockholders' Equity would be equal to the net income for the year. If we knew the net income, we could calculate the beginning Stockholders' Equity. But since we don't have that information, let's assume that the beginning and ending Stockholders' Equity are the same.

So, using the above information, we can write:

Total Assets = Total Liabilities + (Stockholders' Equity - $63,000)

Since total liabilities increased by $90,000, we can write:

Total Liabilities + $90,000 = Stockholders' Equity - $63,000

Simplifying this equation, we get:

Total Liabilities + $153,000 = Stockholders' Equity

Now we can substitute this into the first equation to get:

Total Assets = Total Liabilities + Stockholders' Equity

Total Assets = Total Liabilities + (Total Liabilities + $153,000)

Total Assets = 2 x Total Liabilities + $153,000

Therefore, the amount of total assets at the end of the year is twice the amount of total liabilities plus $153,000. Without knowing the exact amount of total liabilities, we cannot provide an exact answer.

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To enter the provided transactions into Xero, follow these steps:

1. Click on the "+" menu and select "Receive Money."

  - Date: 1/04/2022

  - Account: Choose the appropriate account to record the investment, such as "Owner's Equity" or "Capital."

  - Amount: Enter $45,000.

  - Description: Provide a brief description of the transaction, e.g., "Invested cash to commence business."

  - Save the transaction.

2. Click on the "+" menu again and select "Receive Money."

  - Date: 4/04/2022

  - Account: Choose the appropriate account to record the bank loan, such as "Liabilities" or "Bank Loans."

  - Amount: Enter $20,000.

  - Description: Provide a brief description of the transaction, e.g., "Received bank loan from XYZ Bank."

  - Save the transaction.

3. Click on the "+" menu and select "Bill."

  - Date: 5/04/2022

  - Supplier: Select "HZ Computers."

  - Reference: Enter "2645."

  - Due Date: 15/04/2022.

  - Description: Provide a brief description of the purchase, e.g., "Two new laptops."

  - Account: Choose the appropriate expense account for the laptops.

  - Amount: Enter $7,000 (2 laptops x $3,500).

  - Save and approve the bill.

4. Click on the "+" menu and select "Bill."

  - Date: 5/04/2022

  - Supplier: Select "Viking Office Supplies."

  - Reference: Enter "672."

  - Due Date: Leave blank since it has already been paid.

  - Description: Provide a brief description of the purchase, e.g., "Office stationary supplies."

  - Account: Choose the appropriate expense account for office supplies.

  - Amount: Enter $1,100.

  - Save, approve, and pay the bill.

By following these steps, you will have recorded the provided transactions accurately in Xero, ensuring the correct dates, amounts, and account classifications are entered.

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Yοu will have successfully entered the prοvided transactiοns intο Xerο by fοllοwing the steps given belοw.

Tο enter the transactiοns intο Xerο, fοllοw these steps:

Gο tο the "+ New" menu and select "Receive Mοney."

Date: 1/04/2022

Received Frοm: [Enter the apprοpriate name οr descriptiοn]

Accοunt: [Select the apprοpriate cash accοunt]

Amοunt: $45,000

Save the transactiοn.

Gο tο the "+ New" menu and select "Receive Mοney."

Date: 4/04/2022

Received Frοm: XYZ Bank Ltd

Accοunt: [Select the apprοpriate bank accοunt]

Amοunt: $20,000

Save the transactiοn.

Gο tο the "+ New" menu and select "Bill."

Date: 5/04/2022

Supplier: HZ Cοmputers

Reference: 2645

Due Date: 15/04/2022

Line items:

Item: [Enter the apprοpriate item name]

Descriptiοn: [Enter the apprοpriate descriptiοn]

Quantity: 2

Unit Price: $3,500

Save the bill.

Gο tο the "+ New" menu and select "Bill."

Date: 5/04/2022

Supplier: Viking Office Supplies

Reference: 672

Line items:

Item: [Enter the apprοpriate item name]

Descriptiοn: [Enter the apprοpriate descriptiοn]

Quantity: 1

Unit Price: $1,100

Save the bill.

Gο tο the "Bills tο Pay" sectiοn and lοcate the bill fοr HZ Cοmputers (reference number 2645).

Select the bill and click "Apprοve."

On the due date (15/04/2022), gο tο the "Bills tο Pay" sectiοn again and select the apprοved bill.

Click "Pay" and chοοse the apprοpriate payment methοd tο mark it as paid.

Gο tο the "Bills tο Pay" sectiοn and lοcate the bill fοr Viking Office Supplies (reference number 672).

Select the bill and click "Apprοve."

On the same page, click "Pay and Apprοve" tο mark it as paid.

By fοllοwing these steps, yοu will have successfully entered the prοvided transactiοns intο Xerο.

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b is right answer I think

$5,000 is the amount she will pay out of pocket on her annual medical bills.

Basically, the term of Deductible is used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.

In health Insurance, having a deductible of $5,000 on one's policy means the health plan benefits will start after one pays $5,000 out of his pocket.

Information given

Deductible = $5,000

Total claim = $49,000

Therefore, the Option C is correct because $5,000 is the amount she will pay out of pocket on her annual medical bills.

The precise GDP per capita varies widely per nation, with some of the helpful for assessing found in places like Luxembourg, Macao SAR, and Qatar.

The entire value of all products and services produced inside a nation's boundaries in a specific time period, usually a year, is calculated as the gross domestic product (GDP), which is a measure of a nation's overall economic output. It is regarded as one of the most significant measures of the economic health and living standards of a nation. GDP includes all aspects of production, including consumer and government expenditures, investments, exports and imports, as well as all other types of output (referred to as net exports). A growing GDP denotes a growing economy, whereas a dropping GDP denotes a contracting economy. Although it does not take into account things like economic disparity, environmental deterioration, or quality of life, GDP is not a perfect indicator.

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If consumers begin spending a smaller portion of their incomes while the economy is at full employment, this would likely lead to a decrease in aggregate demand.

When consumers spend less, it directly affects the consumption component of aggregate demand, which is one of the key drivers of economic activity. A decrease in consumer spending can have ripple effects throughout the economy. The decrease in aggregate demand can lead to several potential outcomes: Reduced business revenues: With lower consumer spending, businesses may experience a decline in sales and revenues, which can affect their profitability and potentially lead to cost-cutting measures such as layoffs or reduced investment. Decreased production and employment: If businesses face reduced demand for their goods and services, they may scale back production, leading to lower employment levels. This can result in a rise in unemployment and reduced income for workers. Slowdown in economic growth: Reduced consumer spending can contribute to an overall slowdown in economic growth, as it affects multiple sectors and reduces the overall level of economic activity. Potential deflationary pressures: If the decrease in consumer spending persists and businesses struggle to sell their goods and services, it can lead to a decrease in prices (deflation) as companies may engage in price reductions to stimulate demand. Policymakers may respond to this situation by implementing measures to stimulate consumer spending, such as fiscal policies (tax cuts, increased government spending) or monetary policies (lowering interest rates) to boost aggregate demand and support economic activity.

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Answer:

Cross functional team

Explanation:

When a team or group is composed of individuals with different functional expertise, technical skills or prowess, then we could call the group a cross functional group or team. The word cross function means that the group with the help of team work is capable of performing or functioning across a number of differ roles and taking up diverse responsibilities. A cross functional team may be composed of a finance expert, a human resource specialist, an engineer and so on. The team my be assembled depending on the task at hand and what the organization aims to achieve.

Answer:

C). A revenue-focused bidding strategy.

Explanation:

As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.

Answer:

ok

Explanation: