Answers
Answer:
Explanation:
Information technology achitecture can be defined as a detailed description of the various information processing assets that is needed to achieve business objectives.
Explanation:
In our world today, businesses thrive on information. Information technology achitecture focuses on three basic tiers in an organization which are the server, middleware and client.
At PepsiAmericas, the next Gen initiative convinced executives that they needed to drive value from technology intiatives. Technology provided a common plartform for standardized business processes.
The first initiative by Johnsen created an IT governance board which included the ceo Robert pohland and the coo ken keiser.
Pepsi Americas recognised the achitectural and structural difference between each of its subsidiaries and itself.
On the otherhand, Operational excellence can be defined as the provision of reliable products and services to customers at competitive prices. whereas customer intimacy is targeting and segmenting markets and offers matching exactly to the demands of the niche.
Operational excellence means to strip off operational cost so as to deliver competitive price.
Pepsi Americas employees realised that driver turnover were no longer important. and that recessions would require that operations would change. Therefore, pepsiAmericas had to reevaluate their operations as demand was reducing and had to find a way not to waste resources
Related Questions
You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel strategy for selling their products?
Answers
The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.
What is a distribution channels?Distribution channel serves as the means by which companies make their products to be available to final consumer.
This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.
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the uncollectible accounts expense account appears on the _____
multiple choice question. A. income statement B. statement of changes in stockholders' C. equity statement of cash D. flows balance sheet
Answers
The uncollectible accounts expense account appears on the income statement.
The uncollectible accounts expense account is used to record the estimated amount of accounts receivable that will not be collected. This expense is recognized in the period in which the revenue was earned but the amount of the collection is uncertain. The uncollectible accounts expense is a necessary expense of doing business, and it is important for a company to accurately estimate and record this expense in order to have an accurate picture of its financial performance. The uncollectible accounts expense is deducted from revenue to arrive at the net sales figure on the income statement.
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List 6 mistakes that can be made during an interview.
Answers
Answer:
1.Appearing Disinterested
2.Answering a Call or Texting
3.Dressing Inappropriately
4.Talking Negatively About a Current or Previous Employer
5.Body Language
6.Being Vague
Explanation:
Hope this helps !
Poor interview preparation is a clear killer, and 75% of interviews end in failure because the applicant wasn't prepared for some of the questions asked or didn't know enough about the employer.
What are mistakes that can be made during an interview ?Failing to conduct research The biggest error all of our experts mentioned was showing up unprepared for an interview. This could be not doing your homework on the business, not giving the job enough consideration, or not knowing who you're meeting. However, it could also refer to not having a plan for your conversation.
Most applicants anticipate being questioned. When one person asks every question and the other person responds, an interrogation has taken place. In an interview, questions are posed and answered in the context of a business dialogue. applicants who anticipate unwilling interrogator.
Lack of planning. Some recruiting managers favour conducting interviews in a more "spontaneous" manner.
becoming very anxious.acting too carelessly.being very zealous.intimidating potential employees.Lying. accepting bias.Learn more about Interveiw here
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The WorldLight Company produces two light fixtures (products 1 and 2) that require both metal frame parts and electrical components. Management wants to determine how many units of each product to produce so as to maximize profit. For each unit of product 1, 1 unit of frame parts and 2 units of electrical components are required. For each unit of product 2, 3 units of frame parts and 2 units of electrical components are required. The company has 200 units of frame parts and 300 units of electrical components. Each unit of product 1 gives a profit of $1, and each unit of product 2, up to 60 units, gives a profit of $2. Any excess over 60 units of product 2 brings no profit, so such an excess has been ruled out.
Answers
Explanation:
I hope it helps I did it in power point presentation
what is one advantage of term life insurance policies over whole life insurance policies?
Answers
One advantage of term life insurance policies over whole life insurance policies is that the life insurance rates are more affordable.
What is the advantage of life insurance policies over whole life insurance policies?The advantage of life insurance policies over whole life insurance policies is that the rate that is been given by the insurance company on the life insurance is low compare to the whole life insurance.
And the reason that can be attribute to this is that the term policies do make provision for the coverage for a predetermined time compare to the life insurance.
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definition of home trade
Answers
Answer:
Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail
What is the difference between final goods and intermediate goods?
Answers
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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1 typewritten reviews of a Business Management, or Marketing
Article of the students choosing that appeared in the required Online
readings, You may also select articles from the New York Times.
The articles due on the assign due date. The News Article Review must
be printed out and attached to the student’s Typewritten review in Pdf.
The review must summarize the article in the student’s own words and
discuss how the subject matter of the News Article Review relates to
topics covered in the course.
THE ARTICLE SHOULD NOT BE
MORE THAN 14 DAYS OLD AND MUST BE RETRIVED FROM A
BUSINESS, OR MARKETING JOURNAL PUBLICATION
Answers
Explanation:
Title: "Digital Marketing Strategies for Small Businesses: A Case Study"
Article Source: Harvard Business Review
Summary:
The article "Digital Marketing Strategies for Small Businesses: A Case Study" discusses how small businesses can effectively utilize digital marketing strategies to compete in today's highly competitive business landscape. The case study presented in the article focuses on a small boutique clothing store that implemented various digital marketing tactics to increase their online visibility and drive more sales.
The article highlights the importance of having a strong online presence for small businesses, as consumers increasingly rely on digital channels to discover and purchase products and services. The case study outlines the steps taken by the boutique store, including optimizing their website for search engines, creating engaging social media content, and implementing email marketing campaigns to engage with customers.
The article also emphasizes the need for small businesses to adapt their digital marketing strategies based on changing consumer behaviors and market trends. For example, the boutique store in the case study shifted their focus to social media advertising when they noticed that their target audience was spending more time on social media platforms.
Relation to Course Topics:
The article aligns with several topics covered in the Business Management or Marketing course. It highlights the importance of digital marketing for small businesses and the need to adapt strategies to changing consumer behaviors, which are key concepts in modern marketing. The case study also provides practical examples of how small businesses can implement digital marketing tactics, such as search engine optimization, social media marketing, and email marketing, which are commonly covered in marketing courses.
The article also emphasizes the significance of understanding consumer behavior and market trends, which are important considerations in business management. It underscores the need for small businesses to continually assess and adjust their marketing strategies to remain competitive in the ever-evolving digital landscape.
Overall, the article provides a relevant and practical case study that showcases the application of digital marketing strategies for small businesses, making it a valuable resource for students studying business management or marketing.
Review:
The "Digital Marketing Strategies for Small Businesses: A Case Study" article is a well-written and informative piece that provides practical insights into how small businesses can effectively leverage digital marketing strategies. The case study presented in the article is relevant and relatable, making it easy to understand the challenges faced by small businesses in the digital marketing realm.
The article is concise, yet comprehensive, covering key concepts such as search engine optimization, social media marketing, and email marketing in a clear and understandable manner. The use of a real-life case study adds credibility and practicality to the article, making it more engaging for readers.
The author's writing style is engaging and easy to follow, with a good balance of theoretical concepts and practical examples. The article is well-structured, with clear headings and subheadings that make it easy to navigate and locate specific information.
One potential improvement could be the inclusion of more recent data or statistics to support the author's points and provide additional evidence of the effectiveness of the digital marketing strategies discussed. However, overall, the article is a valuable resource for students studying business management or marketing, as it provides relevant and practical insights into how small businesses can navigate the digital marketing landscape to achieve their business goals.
In conclusion, the "Digital Marketing Strategies for Small Businesses: A Case Study" article is a recommended read for students studying business management or marketing. It offers valuable insights into the challenges and opportunities of digital marketing for small businesses and provides practical examples that can be applied in real-world business settings. The article's alignment with course topics and its clear and engaging writing style make it a useful resource for students looking to deepen their understanding of digital marketing strategies.
A fruit juice company decides to focus on its specialty of creating fruit juice and to rely on other business partners to fill in the supply chain gaps. Which strategy is this juice company creating? a. a pricing strategy b. a marketing strategy c. a channel strategy
Answers
Answer:
The correct answer is the option B: a marketing strategy.
Explanation:
To begin with, when it comes to the term of deciding whether how to operate the primary business of the company and how to explode it as much as it can be exploded then we are talking about a marketing strategy that it has to be defined by the managers of the organization and that is due to the fact that in that strategy they will see how to communicate that the product is in sale, to whom the product should be sold, which is the price at what the price should be sold and where and when the product should be sold. So basicaly the marketing campaign will focus on how the product should be taken care in order to sell more and increase the profits and by deciding that the rest of the supply chain should be taken care by other business partners then the decision will be taken from the marketing strategy.
In this scenario, the juice company is creating a channel strategy by relying on other business partners to fill in the supply chain gaps
A channel strategy means a company's plan to move its product through a distribution chain to the final consumers
Here, the fruit juice company does not want to distribute the product to the end user itself, rather, its wishes to rely on the business partners to fill in the supply chain gaps.
Therefore, the strategy been created by the fruit juice company is known as channel strategy.
In conclusion, the Option C is correct.
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Identify an industry that enjoys perfect (or nearly perfect) competition. How do the competitors interact with each other and suppliers and customers?
Answers
Farmers' markets: The typical farmers' market may be the closest thing to ideal competition that exists in the real world. Small customers producers charge relatively similar pricing for products that are almost equivalent.
Considering that there are so many small producers in the agricultural sector and that they have so little. This industry perhaps displays the closest thing to ideal competition because of its control over the selling pricing of their products. Monopolistic Competition Despite the fact that numerous businesses use customers marketing techniques and recipes, McDonald's is nonetheless distinct. Because the products are not uniform, the market cannot be completely competitive.
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Which measure of prices includes all of the final goods and services in a nation's
output?
Answers
The GDP deflator measure of prices includes all of the final goods and services in a nation's output.
The implicit price deflator and GDP price deflator are other names for the GDP deflator. It will make it easier to gauge how much the pricing of various commodities and services produced inside an economy have changed. This is also used by economists to compare the real level of economic activity in one economy from one year to the next.
The quantity of goods created in an economy with the use of labor, equipment, and raw materials that are available for sale in the market to customers and contribute to the creation of profit is known as output.
The main quantitative indicator of economic activity is the gross domestic product. It is a measurement of the total market value of all finished goods and services produced within a nation's borders in a given year.
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How can the government improve geographical mobility ?
Answers
Use the following data of Sales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory 16 $3 $48 Purchase on Apr 25 30 8 240 Purchase on Nov 16 12 9 108 Sales 45 ? ? Sales uses a FIFO inventory system. Cost of goods sold for the period is
Answers
Answer:
$280
Explanation:
FIFO stands for First in First Out. FIFO method assumes that the first goods received will be the first goods sold. Therefore, Costs of Goods Sold will be valued at the earlier prices.
Calculation of the Cost of Goods Sold will be as follows :
Step 1
Establish first the units sold
Units Sold = 45
Step 2
Then Calculate the cost of those units keeping in mind to start with the earlier units
Cost of Goods Sold = 16 × $3 + 29 × $8
= $280
2. Provide three examples of innovative activities, practices that leaders might undertake. Do not limit your ideas to
those presented in the text.
Answers
Answer:
Examples of innovative activities which leaders might undertake are:
1. Reading and reviewing a book with their employees in an area of organizational deficiency;
2. Encouraging and promoting problem-solving rather than rote activities through the use of financial rewards tied to such activities
3. Carrying our regular (weekly performance) feedback of each person's performance including the leader she or himself in order to ensure timely and goal-oriented course correction.
Cheers
At the beginning of the period, the Fabricating Department budgeted direct labor of $99,000 and equipment depreciation of $44,000 for 5,500 hours of production. The department actually completed 7,100 hours of production.
Required:
Determine the budget for the department, assuming that it uses flexible budgeting.
Answers
Answer:
Fabricating Department
Flexible budget for the period:
Flexible Planned
Budget Budget Variance
Production hours 7,100 5,500 1,600 hours
Direct labor $127,800 $99,000 $28,800
Equipment depreciation 44,000 44,000 0
Total cost $171,800 $143,000 $28,800
Explanation:
a) Data and Calculations:
Budgeted direct labor = $99,000
Equipment depreciation = $44,000
Budgeted production hours = 5,500 hours
Actual production hours = 7,100 hours
Flexible Budget:
Direct labor = $99,000 * 7,100/5,500 = $127,800
Equipment depreciation = $44,000
Total cost = $171,800
Assume the nominal rate of return is 8.47% and the real rate is 1.18%. Find the inflation rate of return using the exact formula.
Answers
Answer: 7.2%
Explanation:
The Real rate of return is the Nominal rate of return after it is adjusted for inflationary effects.
The formula formula for the Real rate is:
(1 + Real rate) = (1 + Nominal rate) / (1 + inflation rate)
(1 + 1.18%) = (1 + 8.47%) / ( 1 + inflation)
1.0118 = 1.0847 / ( 1 + inflation)
( 1 + inflation) * 1.0118 = 1.0847
( 1 + inflation) = 1.0847 / 1.0118
Inflation = 1.072 - 1
= 7.2%
the necessity of marketing and advertising for any business
Answers
Answer:
Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it
Explanation:
Kampus Corporation had the following eight investment transactions or events:
Jan 1 Purchased Argon Co. bonds for $10,000 cash. (Purchase is considered a short-term investment in available-for-sale (AFS) debt securities.)
Jan 3 Purchased 1,200 shares of Elmer, Inc. for $36,000 cash. (Purchase is considered a long-term stock investment with insignificant influence.)
Mar 31 Received cash dividend of $0.25 per share from Elmer, Inc.
Jun 1 Purchased 5,000 shares of Logan, Inc. for $60 per share. These shares represent a 40% ownership in Logan, Inc.
Sep 30 Received cash dividend of $2 per share from Logan, Inc.
Dec 31 Logan, Inc. reported net income of $150,000 for the year.
Dec 31 As of December 31, the Argon Co. bond had a fair (market) value of $12,000.
Dec 31 As of December 31, the Elmer, Inc. stock had a fair (market) value of $25 per share.
Required:
Prepare the journal entries Kampus Corporation should record for these transactions and events.
Answers
Answer:
Kampus Corporation
Journal Entries:
Jan 1 Debit Bonds Receivable (Argon Co.) $10,000
Credit Cash $10,000
To record a short-term investment in available-for-sale (AFS) debt securities.)
Jan 3 Debit Investments (Long-term) in Elmer, Inc. $36,000
Credit Cash $36,000
To record the long-term investment (1,200 shares of Elmer, Inc. at $30 each.)
Mar 31 Debit Cash $300
Credit Dividend Received $300
To record dividend received from Elmer's investment
($0.25 per share of 1,200 shares).
Jun 1 Debit Investment in Logan, Inc. $300,000
Credit Cash $300,000
To record the investment in 5,000 shares of $60 per share, representing a 40% equity ownership.
Sep 30 Debit Cash $10,000
Credit Investment in Logan, Inc. $10,000
To record dividend received from investment in Logan, Inc. ($2 per share of 5,000 shares).
Dec 31 Debit Investment in Logan, Inc. $60,000
Credit Retained Earnings $60,000
To record 40% share of the Net income of $150,000 in Logan, Inc.
Dec 31 No Journal Required: Argon Co. bond had a fair (market) value of $12,000.
Dec 31 Debit Unrealized Loss from Investment in Elmer, Inc. $6,000
Credit Investment in Elmer, Inc. $6,000
To record $5 lost in the (market) value of $25 per share.
Explanation:
a) Data and Analysis:
Jan 1 Bonds Receivable (Argon Co.) $10,000 Cash $10,000
a short-term investment in available-for-sale (AFS) debt securities.)
Jan 3 Investments (Long-term) in Elmer, Inc. $36,000 Cash $36,000 1,200 shares of Elmer, Inc. at $30 each.
Mar 31 Cash $300 Dividend Received $300
$0.25 per share of 1,200 shares.
Jun 1 Investment in Logan, Inc. $300,000 Cash $300,000
5,000 shares of $60 per share, represent a 40% ownership.
Sep 30 Cash $10,000 Dividend Received $10,000
$2 per share of 5,000 shares.
Dec 31 Investment in Logan, Inc. $60,000 Retained Earnings $60,000
40% share of the Net income of $150,000 in Logan, Inc.
Dec 31 No Journal Required: Argon Co. bond had a fair (market) value of $12,000.
Dec 31 Unrealized Loss from Investment in Elmer, Inc. $6,000 Investment in Elmer, Inc. $6,000 (market) value of $25 per share.
Where should you be on the focus-chaos scale to benefit from this course?
Answers
Based on the focus-chaos scale, to benefit from any course, you have to be on the left side of the scale.
What is the focus-chaos scale?This is a scale that is used to describe the focus and planning attribute of different types of people.
The people on the left are in the focus section and then to organize their lives well and embarked on planned activities. Youl'll have to lean towards this side to benefit from most courses as they require you to be organized in your learning.
The right side has the chaotic people who may not be organized, but someone find a way to live life successfully. It is harder to pass courses using this.
The complete question wasn't given so I gave a general discussion.
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Select all that apply.
Select the items that can result in higher interest earned.
1:higher balance
2:greater number of withdrawals
3:higher interest rate
Answers
Answer:
a higher balance can increase interest rate
True or False: Capital controls are government-imposed barriers to foreign savers investing in domestic assets or to domestic savers investing in foreign assets. A government that has a virtual monopoly over foreign exchange dealings may require that all foreign exchange earnings be turned over to authorized dealers. The government then allocates foreign exchange among domestic traders and investors at government-set prices.
Answers
Answer:
True hope it helped you sorry if i don't have explanationsMatch the building blocks of process thinking given in left column that is required or is essential to the management of any operation to their descriptions given in the right column. Drag statements on the right to match the left. Left Column
Managing processes and capacity Product/process innovation
Manufacturing and service Managing Quality and inventories Managing lean systems Right Column
describes how the process structure is related to operational objectives describes how to make good decisions regarding product quality and use of inventory
describes how operational processes work
represents application of all the process-related concepts in ways to maximize the overall productivity
describes how product and process characteristics are intertwined
Answers
Product/process innovation explains the relationship between the characteristics of products and processes .Application of all process-related concepts to manufacturing and services.
Designing, enhancing, and controlling operational processes are the main goals of the management strategy known as "process thinking." In order to improve outcomes in terms of effectiveness, quality, and customer satisfaction, it entails examining and optimising a process's different inputs, actions, outputs, and feedback. Process thinking is a comprehensive strategy that acknowledges the interdependence of all components of an operation and the fact that changing one component of a process frequently necessitates altering other components. Process management must be organised and systematic, with a focus on ongoing improvement. Since process thinking calls for the involvement of all stakeholders and a commitment to improving processes, it frequently necessitates a cultural transformation inside an organisation.
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Which of the following is likely to increase the value of a country's currency?
Answers
Higher interest rates in a country can increase the value of that country's currency relative to nations offering lower interest rates. Political and economic stability and the demand for a country's goods and services are also prime factors in currency valuation.
Networks are proven to be relevant in the context of innovation and entrepreneurship. Explain
the main features of an entrepreneurial network including the role of personal contact networks
and how they are developed over time by explaining at least three approaches that can be used to
manage network relationships. Support your answer with examples
Answers
Answer:
Accommodation
Engagement Refinement
Explanation:
In the entrepreneurial ecosystem, networks still remain a popular and important aspect which is often thought and seen as a stepping stone to achieving entrepreneurial greatness. This network simply entails the creation of a circle or set of skilled individuals usually in different strategic areas of specialization relevant to a certain business line or sector. This way embarking on projects tends to be much easier as these networks of people can offer help, tips or together engage in to proffer solution on time. Networks are created usually through meetups and good interpersonal relationships. Having professionals around can speed up processes and. However, networks has to be properly managed usy be being accommodating and warm when approcached; frequent engagement topics and trending issues, including the desire to learn more and measure up to new trends.
Rooms booked well in advance may receive a lower rate than those rooms booked at
the last minute. What term best refers to this concept?
ADR
Orack rate
yield management
accounting services
Answers
Answer:
Explanation:
The answer is c. 200 rooms
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
Answers
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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IHOP 'N GO
Drag and drop steps in correct order, then Submit.
Deliver order and thank guest
Input the order into the
Collect payment
Repeat order to ensure accuracy
Write down guest name and order
Ask if they need condiments
Answers
Answer:
Write down order
Ask is they would like condiments
Input the order
Collect payment
Deliver order
Explanation:
Answer:1Write Down
2Repeat
3Ask
4Imput
5Collect Pay
6Deliver Order
How can the federal reserve influence the interest rate on credit cards?
A. By shutting down credit card companies that set rates too high.
B. By raising taxes on companies that provide high-interest credit cards.
C.By adjusting the discount rate banks pay to borrow.
D.By setting up federal credit card companies with low rates.
Answers
Answer:
C. By adjusting the discount rate banks pay to borrow
Explanation:
A P E X
The federal reserve can influence the interest rate on credit cards by raising taxes on companies that provide high-interest credit cards. Thus, option B is appropriate.
The American financial system's heart is the Federal Reserve System. After a string of financial panics prompted the need for centralized supervision of the monetary system to prevent financial crises, it was established on December 23, 1913, following the passage of the Federal Reserve Act.
Banks and other lenders' interest rate-setting processes are influenced by Federal Reserve decisions. To finance anything from a car or home to your purchases using a credit card, higher Fed interest rates equate to more expensive borrowing charges.
Thus, option B is correct.
Learn more about the Federal Reserve here:
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what is the role of a manager
Answers
Answer:
Entrusted with a leadership role, a manager is responsible for overseeing a department or group of employees within a specific organisation or company. Managers are utilised in every sector, and the business model relies on their leadership and ability to operationalise the management structure.
Explanation:
In a management position, one can expect to have the following ten day-to-day responsibilities:
Daily Operations: The primary role of a manager is to ensure the daily functioning of a department or group of employees.
Staffing: Most employers expect their managers to interview, hire, and train new employees.
Set Goals: A manager articulates both short and long-term goals to ensure a company’s longevity.
Liaising: Although a manager typically oversees a group of employees, managers also effectively communicate with their bosses and convey the necessary information to the various company parties.
Administration: Managers complete administrative work and correspond with other departments.
Delegation: Effective managers have confidence in their employees and delegate tasks according to the department’s needs.
Motivate: As a leader, a manager motivates staff and creates an environment where employees thrive.
Enforcing Policy: Managers enforce company policy to cultivate an environment that makes employees hold one another accountable for their actions.
Training: If new technologies or systems are introduced to business, employers turn to managers to train employees.
Evaluation: To encourage satisfactory work, managers evaluate data and employee performance.
Answer:
Enstrusted with a leadership role a manager is responsible for overseeing a department or group of employees within a specific organisation or company.
what is needs assessment
Answers
The purpose of a needs assessment is to gather information and data that can be used to inform decisions about resource allocation, program planning, and other activities aimed at addressing the identified gaps. It typically involves a systematic and comprehensive review of the situation, including an analysis of the target population, their needs, and the resources available to address those needs.
There are several different methods that can be used to conduct a needs assessment, including surveys, focus groups, interviews, and observations. The specific approach used will depend on the context and the goals of the assessment.
Overall, needs assessment is an important tool for ensuring that resources are used effectively and efficiently to address the needs of a particular population or community. It can help to ensure that programs and services are tailored to the specific needs of the people they are designed to serve, and that limited resources are used in the most impactful way possible.
Answer:
Needs assessment is a process of determining the needs of an organization, group, or individual in order to develop a plan to meet those needs. It involves gathering information, analyzing data, and developing strategies to address the identified needs. The goal of needs assessment is to identify gaps between the current state and the desired state, and to develop a plan to bridge those gaps.