Violet's Haberdashery is using a cost-focus strategy is False.
The first statement describes Fine Line's strategy as innovation. The company developed a smartphone app that utilizes AR technology to let customers preview what their tattoo will look like before getting it. This innovation is expected to provide a unique value proposition to its customers, differentiate itself from its competitors, and increase its customer base. Pursuing an innovation strategy is a common approach for companies that are looking to gain a competitive edge by introducing new and innovative products or services.
The second statement describes Violet's Haberdashery's strategy as cost-focus. This is because the company markets very high-quality stylish headwear that is expensive to a narrow market of fashion enthusiasts. By targeting a narrow market, the company can leverage economies of scale to produce its headwear at a lower cost while charging a premium price. This approach helps the company maintain its reputation for superior value in the market while also achieving cost efficiencies. The cost-focus strategy is a common approach for companies that serve niche markets and want to differentiate themselves from their competitors by providing high-quality products or services.
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________ is largest employer in the country and the largest purchaser of goods and services in the world.
The largest employer in the country which can also be regarded as largest purchaser of goods as well as services is U.S. federal government.
U.S. federal government can be regarded as national government of the United States, which is composed of self-governing territories as well as several island.She serve as one of the major force in the world market, and that is why many countries relied on their exports.Therefore, U.S. federal government is right.
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what goods-producing operations method is designed around specific customer specifications?
The method that is designed around specific customer specifications in goods-producing operations is known as Engineer-to-Order (ETO).
Engineer-to-Order (ETO) is a production approach where goods are designed and manufactured to meet the unique requirements and specifications of individual customers. Unlike other methods, which involve the production of standardized goods, ETO focuses on customization and tailoring products to specific customer needs. This method requires close collaboration between the manufacturer and the customer to gather detailed specifications and requirements. The production process starts only after the specifications are finalized. ETO is commonly used in industries such as construction, aerospace, and heavy machinery, where each project or product requires a unique design and engineering effort to meet customer demands.
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how do i get my month gross wage ? CATEGORY ITEM AMOUNT
INCOME Annual Gross Wage $18,080
Monthly Gross Wage
Net Wage (monthly) $1,925
Answer:
$1506.67
Explanation:
monthly gross wage = annual gross wage / 12
18080 / 12 = 1506.67
Salads 'R' Us requires all its franchisees to sign an agreement that they will use napkins and dressings purchased from Salads 'R' Us. Unless the agreement is signed, no one is awarded a franchise. Salads 'R' Us maintains that the agreement is necessary to preserve uniformity and quality in all franchise outlets. The purchasing requirement is:A) an illegal tying arrangementB) valid as a quality control mechanism for protection of goodwill.C) coercion and is invalid.D) None of the above
Answer:
B) valid as a quality control mechanism for protection of goodwill.
Explanation:
Franchise is a license consisting of a contractual arrangement between a parent company (franchiser or franchisor) and another (franchisee), that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.
One of the main advantages of a franchise is that, franchisers such as Salads 'R' Us do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.
The purchasing requirement in this scenario is valid as a quality control mechanism for protection of goodwill because it facilitates and promotes uniformity and quality in all Salads 'R' Us franchise outlets by ensuring that they will use napkins and dressings purchased from them (franchisor).
A seller put her house and lot on the market for $200,000. After receiving several offers within $5,000 of her asking price, the seller entered into a contract to sell the house and lot to a buyer for $200,000. The contract provided that the buyer put up $4,000 in earnest money, which the seller could treat as liquidated damages unless: The seller fails to tender marketable title to the buyer by the agreed-upon closing date, the seller commits a material breach of this contract, or the buyer dies prior to the closing date, in which case the earnest money shall be reimbursed to the buyer's estate. The contract was signed on July 24, and the closing date was set for September 12. On August 5, the buyer was seriously injured in an accident. On September 10, the buyer was released from the hospital in a wheelchair. He determined that a ranch-style house would make his life much more bearable, but the seller's home was two stories. The buyer asked the seller to cancel the contract and to refund the $4,000 earnest money. The seller refused. The buyer did not appear on the closing date. On September 16, the seller contracted to sell the home to a purchaser for $198,000. The closing occurred as planned on October 20. The buyer files suit against the seller, praying for a refund of the $4,000 earnest money. How much is the buyer likely to recover
Answer:
$0
Explanation:
Both the buyer and seller agreed upon the amount that would be deposited as earnest money and what would happen to it in case the sale wasn't closed. The amount is not unreasonably large compared to the purchase price (2% only) and that represents a fair amount for the damages suffered by the seller. The seller is not responsible for the things that happened to the buyer.
equity shareholders are called what
Answer:
owners
Explanation:
Shareholders' equity represents the amount invested by the owners of a company in the business by either retaining earnings over time or by investing money in it. The shareholders' equity is a form of a company's net assets. Equity shareholders are also known as Equity Stockholders.
The equity shareholders of a company are called its owners.
What are the current fiscal and monetary policies of the Biden administration
In August 2022, his Inflation Reduction Act became law. Real GDP, salaries, employment, stock market returns, and household net worth all experienced significant increases in Biden's first year in office (2021), but inflation also rose.
The unemployment rate averaged 3.6% in his second year (2022), which was the lowest level since 1969. Compared to President Joe Biden, his administration's GDP growth was by far the highest, increasing by more than 1%. But he also had the third-highest unemployment rate and the highest inflation rate.
On Wednesday, January 20, 2021, Joe Biden was sworn in as the 46th president of the United States, beginning a four-year administration that also included Kamala Harris as vice president.
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Lower turnover Cost reductions Enhanced performance Lower absenteeism Greater flexibility Threat of job loss Lower stress Fewer injuries Improved customer service Slow process to get to high team productivity Frustration Risking lost confidence in management If top management is impatient with the slow process in moving to self-managing teams, teams may be disbanded, returning the organization to its original hierarchical form and As empowered teams reduce scrap, make fewer errors, and file fewer worker compensation claims, organizations based on teams are showing significant Use your knowledge of how to effectively move to a team-based organization to answer the following question. What can help to reduce the potential for team conflict and free riding by enhancing personal accountability and creating clear rules and expectations? Skill-based pay Gain-sharing A team contract Use your knowledge of team reward systems to answer the following question. If all of the teams in the manufacturing plant reach their performance targets then all of the plant's employees will receive a one-time bonus. Gain-sharing Team bonus plan Skill-based pay Use your knowledge of teamwork competencies to answer the following question. You provide staffing support for a cross-functional team that responds quickly to production breakdowns to minimize lost production time. Knowing this, which teamwork competency will you be most targeting in your hiring initiative for this team? O Goal-setting abilities Task coordination abilities Collaborative problem-solving abilities
The answer to each of the questions are given below :
When moving towards a team-based organization, it is essential to reduce potential conflicts and free riding. One effective way to achieve this is through creating clear rules and expectations. Developing a team contract can help to outline expectations for team members, including responsibilities, timelines, and deliverables.
In addition to creating a team contract, implementing a gain-sharing program can also be effective in reducing potential conflicts and free riding. Gain-sharing programs incentivize team members to work together towards a common goal, by linking rewards to team performance. This approach can encourage collaboration, accountability, and focus on achieving the team's objectives.
In staffing a cross-functional team that responds quickly to production breakdowns, task coordination abilities would be the most critical competency to target. These teams require individuals who are skilled at coordinating their efforts and working together efficiently to quickly identify and resolve production issues.
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What do we call a business that focused on building products that meet consumers' needs?
Answer: Market oriented business
Explanation:
Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.
A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.
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Answer:
meeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Explanation:
keynesian economists argue that select one: a. unemployment only exists during periods of war in the economy. b. the natural rate of unemployment is zero. c. the natural rate of unemployment is below the actual rate. d. unemployment is a long-lasting phenomenon in the economy.
Keynesian economists argue that "unemployment is a long-lasting phenomenon in the economy". Therefore, option (d) is the correct answer.
Keynesian economics focuses on the role of government intervention in stabilizing the economy during economic downturns, and it argues that unemployment can persist even in the absence of war or other extreme conditions. According to Keynesian theory, recessions and periods of high unemployment can be caused by a lack of demand in the economy, and the government can use fiscal and monetary policies to stimulate demand and create jobs.
Keynesian economists also believe that the natural rate of unemployment is not zero, as there will always be some level of frictional and structural unemployment in the economy.
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A massive decrease in MAP will indirectly lead to... an increase in urine output. a decrease in the amount of ADH released from the pituitary gland. a decrease in thirst. All of the above. O None of t
A massive decrease in MAP will indirectly lead to an increase in urine output, a decrease in the amount of ADH released from the pituitary gland, and a decrease in thirst. Option d. all of the above is correct.
MAP is the abbreviation for Mean arterial pressure. It refers to the average pressure of blood flowing through the circulatory system of an individual. The mean arterial pressure can be calculated from the systolic blood pressure and diastolic blood pressure values.
A massive decrease in MAP will indirectly lead to the following:
An increase in urine outputA decrease in the amount of ADH released from the pituitary glandA decrease in thirstTherefore, d is correct.
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The ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.
In the classical view managers nowadays are employees with a primary duty to shareholders, and their main goal should be to produce financial returns. This is what is meant by social responsibility.
More about social responsibility:
In order to be socially responsible, a company should act in a way that benefits society as a whole as well as its shareholders. Many businesses, including those with "green" initiatives, have integrated social responsibility into their business models without sacrificing profitability.
Investors and customers which desire ventures that not only are successful but also enhance the well-being of mankind and the environment place a growing emphasis on social responsibility.
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At what point in the job application process are soft skills particularly important
A when writing a cover letter
B when crafting resume resume
C when searching through job ads
D during the interview
Answer:
During the interview
Explanation:
Answer:
D During the interview
Analysis of Internal Environment (Hong Kong)
3.1 Evaluation of Nissin’s present strategy
3.1.1 Nissin’s Sales and Market share
The internal environment refers to the factors within a company that can influence its operations and performance. In the case of Nissin, an analysis of its internal environment would involve evaluating its present strategy, including its sales and market share.
Nissin’s present strategy involves expanding its market share through product innovation and expanding its product line. This strategy has resulted in increased sales and market share for the company in Hong Kong. Nissin has been able to achieve this through its strong brand image, high-quality products, and effective marketing strategies.
In terms of sales and market share, Nissin has performed well in Hong Kong. The company has been able to increase its sales and market share through its innovative products and strong brand image. However, the company still faces stiff competition from other players in the market, which could impact its sales and market share in the future.
Overall, an analysis of Nissin’s internal environment reveals that the company’s present strategy has been successful in increasing its sales and market share in Hong Kong. However, the company needs to continue to innovate and expand its product line in order to maintain its competitive edge in the market.
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what is the page number format paragraph for writing letters
A letter's specific style or format determines the page number format. The page number, on the other hand, is typically located in the header or footer sections at the top right of each page.
What is Page Number Format?The specific guidelines for formatting page numbers in a document or manuscript are referred to as page number format. The style of numbering (such as Arabic numerals or Roman numerals), the location of the page number (such as at the top or bottom of the page), and whether or not the page number appears on the document's first page are examples of this. The author's name or a running header may also be included in the page number format in some instances. The preferences of the publisher or institution, as well as the specific document type and style guide (such as MLA, APA, or Chicago), can influence the page number format.
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Discuss 2 explanations economists give for the slow
recovery after the Great Recession
Economists have put forth several explanations for the slow recovery after the Great Recession. Here are two commonly cited explanations:
1. Balance Sheet Recession: One explanation focuses on the concept of a "balance sheet recession." During the Great Recession, many households and businesses faced significant declines in the value of their assets, such as housing and stocks. This led to a decrease in their net worth and increased their debt burdens. In response, these economic agents sought to repair their balance sheets by reducing spending and paying down debt, which resulted in a decline in aggregate demand. The slow recovery can be attributed to the time it takes for households and businesses to restore their balance sheets, regain confidence, and resume spending and investing.
2. Lingering Effects of Financial Crisis: The financial crisis that triggered the Great Recession had a profound impact on the banking and financial sector. Banks faced substantial losses, tightened lending standards, and experienced a reduction in their willingness to lend. This credit contraction constrained access to credit for households and businesses, impeding their ability to invest, expand, and consume. Additionally, the collapse of the housing market and the subsequent increase in foreclosures had long-lasting effects on household wealth and confidence. These lingering effects of the financial crisis created headwinds for the economy, contributing to the slow recovery.
It is worth noting that these explanations are not exhaustive, and economists continue to debate and study the complexities of the Great Recession and its aftermath.
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Select the correct answer.
Dorothy works as an accountant for a successful advertising firm. While recording financial transactions, Dorothy keeps rechecking the figures in
order to avoid misstating assets and liabilities. Which element of internal accounting controls relates to Dorothy's method?
Answer:
B. risk assessment
Explanation:
llus Patrick is selling a new hair product. He hopes to sell 10 bottles a month if he spends a one-time $100 on advertising. He is selling each bottle for $12. The product costs him $5.00 to make per bottle. What would the planned profit be after one year of sales?
A. $600 B. $740 C. $1050
Answer:
B. $740
Explanation:
In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit
Total number of bottles produced a year = 10 * 12 = 120 bottles
Cost of production = Advertising + manufacturing cost
Cost of production = 100 + (120 * 5) = $700
Revenue = 120 * 12 = $1,440
Profit = 1,440 - 700 = $740
Sye Chase started and operated a small family architectural firm in year 1. the firm was affected by two events: (1) chase provided $23,600 of services on account, and (2) he purchased $7,400 of supplies on account. there were $1,150 of supplies on hand as of December 31, 2016.Required:a. Open T-accounts and record the two transactions in the accounts.b. Record the required year-end adjusting entry to reflect the use of supplies.c. Record the preceding transactions in a horizontal statements model like the following one:Assets 5 Liab. 1 Equity Rev. 2 Exp. 5 Net Inc. Cash Flow Accts. Accts. Ret. Rec. 1 Supplies 5 Pay. 1 Earn.d. Explain why the amounts of net income and net cash flow from operating activities differ.e. Record and post the required closing entries, and prepare a post-closing trial balance.
When answering questions on the platform Brainly, one should always be factually accurate, professional, and friendly, and be concise and not provide extraneous amounts of detail.
One should also repeat the question in their answer, ignore any typos or irrelevant parts of the question, and use the relevant terms in their answer, which in this case are "architectural", "supplies on account. "a) The journal entries for Sye Chase's architectural firm are as follows:S.No.AccountTitlesDebitCredit1Accounts Receivable236002Service Revenue236002Accounts Payable74003Supplies7400b) The year-end adjusting entry to reflect the use of supplies is as follows:S.No.AccountTitlesDebitCredit1Supplies Expense67502Supplies6750c) The preceding transactions in a horizontal statements model are as follows:AssetsLiabilitiesEquityRevenueExpensesNet IncomeCash FlowAccounts ReceivableSuppliesPayablesRevenueService RevenueSupplies Expense-6750-6750d) The amounts of net income and net cash flow from operating activities differ because net income reflects transactions that have been completed, while net cash flow from operating activities reflects only transactions that have actually taken place.e) The required closing entries are as follows:
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Suppose General Electric payed its line workers $12 per hour
The relevant answers with regard to real wages are as follows:
A) $10.08
B) 10.89
C) 19.05. See explanation below.
What is the computation justifying the above results?[A]
Recall that Real Wages are computed as follows;
Real Wages = (Nominal Wage/CPI in the Given Year) x CPI in the base year
12 = (N/84) x 100
= 10.08
[B]
The formula for real wage still stands:
Hence,
12 x 1.08 = (N/84) x 100
= 10.89
One thing to keep in mind is that the percentage rise in real wages is always equal to the percentage increase in nominal wages. The same may be demonstrated with other values.
[C]
It is to be noted that the real wage is pegged at $12 which is same from the prior year.
Hence, percentage increase = 0
But because $12 is Nominal in the incumbent year,
[(12 - 10.08)/10.08] x 100
= 92/10.08
= 19.05
What is real wages?Real wages are earnings adjusted for inflation, or pay expressed in terms of the quantity of goods and services that may be purchased. In contrast to nominal wages or unadjusted wages, this word is used.
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Full Question:
Suppose General Electric paid its line workers $12 per hour in 2015 when the Consumer Price Index was 100. Suppose that deflation occurred and the aggregate price level fell to 84 in 2016. Instructions: Round your answers to two decimal places. a. GE needed to pay its workers $ in 2016 in order to keep the real wage fixed at $12. b. GE needed to pay its workers $ in 2016 if it wanted to increase the real wage by 8 percent. c. If GE kept the wage fixed at $12 per hour in 2016, in real terms, its workers got a % increase in wages.
Which of these is an organizational skill?
A. Respect
B. Knowing multiple languages
C. Patience
D. Multitasking
The ability to prioritize tasks according to those that must be finished right away versus those that can wait, be given to another person, or be done without, is referred to as organizational skills.
Thus, Option D is correct.
Why is it crucial to have organizing skills?No matter where or how you work, having organizational skills can help you manage your current position as well as hunt for new employment or advance in your existing position. With so many requests, responsibilities, and expectations on your plate, being organized can help you make the most of your time, energy, resources, and mental space so that you can accomplish your objectives and complete your work with less stress.
Your physical and digital areas can be organized with the help of organizational skills, which can also help you manage, organize, and plan all you need to do. Simply, having good organizing abilities helps you perform better at work. They help you perform at your highest level at work.
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which of these is not a social or economic goal of the US economy
What are the social or economic goals? Is there options?
Edit: The answer is A
Answer:
A
Explanation:
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
assuming the 2012 revenue and student enrollment goals are met, what will be the average annual growth rate of tuition for 2009 to 2012?
The average annual growth rate of tuition for 2009 to 2012 would be 20% if the 2012 revenue and student enrollment goals are met.
Assuming the 2012 revenue and student enrollment goals are met, the average annual growth rate of tuition for 2009 to 2012 can be calculated using the following equation:
Average Annual Growth Rate of Tuition = ((2012 Tuition - 2009 Tuition) / 2009 Tuition) / 3. Where 3 is the number of years between 2009 and 2012.
For example, if the 2012 tuition is $20,000 and the 2009 tuition was $15,000, then the average annual growth rate of tuition for 2009 to 2012 would be calculated as follows:
Average Annual Growth Rate of Tuition = ((20,000 - 15,000) / 15,000) / 3 = 0.2 or 20%
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Changes in the demand for goods and services are an example of a(n) ____________ influence on the job market.
Answer:
economic
Explanation:
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Ernst's Electrical has a bond issue outstanding with ten years to maturity. These bonds have a $1,000 face value, a 5 percent coupon, and pay interest semiminusannually. The bonds are currently quoted at 96 percent of face value. What is Ernst's pretax cost of debt?
Answer: 5.52%
Explanation:
Given the following :
Face value (f) = $1000
Bond price(p) = 96% of face value = 0.96 × 1000 = $960
Coupon rate = 5% Semi-annually = 0.05/2 = 0.025
Payment per period (C) = 0.025 × 1000 = $25
Period(n) = 10 years = 10 × 2 = 20
Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]
Semiannual YTM = [(((1000 - 960) / 20) + 25) / (1000 + 960)/2]
Semiannual Yield to maturity = [(((40 /20) + 25) / 1960/2]
= (2 + 25) / 980
= 27 / 980 = 0.02755 = 2.755% = 2.76%
Pretax cost of debt = Yield to maturity = 2 × Semiannual yield to maturity
Pretax cost of debt = 2 × 2.76% = 5.52%
Write down two of the four key years mentioned in the brief history of debt and why they were important. from ramsey classroom
The first Secretary of the Treasury of the United States, Alexander Hamilton, put up a proposal in 1790 to take over the debts of the many states and combine them into a single national debt.
What are three ways the credit card business profits from Dave Ramsey's clients?There are three ways that credit card issuers generate revenue: 1) Fees paid by cardholders; 2) Business transaction fees; and 3) Cardholder interest.
What form of debt does a credit card always represent among the four?Most personal loans and credit cards fall under the category of unsecured debt. Unsecured debt typically carries a higher interest rate than secured debt because it poses a greater risk to the lender.
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which strategy describes the best technique for usability testing of a website according to jakob nielsen?
According to Jakob Nielsen, the best technique for usability testing of a website is to observe actual users as they attempt to complete tasks on the website, while also collecting data on their experience through surveys, interviews, and other feedback methods.
Jakob Nielsen recommends the technique of user observation for usability testing of a website. This involves watching real users as they navigate the website and perform tasks, while also gathering data on their experience through surveys, interviews, and other feedback methods. This approach allows designers and developers to identify issues that users encounter while using the website, and to gather insights on how to improve the website's usability and user experience.
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distinguish between products tax and production tax
Answer:
Some examples of production taxes are land revenues, stamps and registration fees and tax on profession. Product taxes are paid on the actual volume of production. It is paid per unit of product. For example, excise duty, service tax, sales tax etc.