Managers of profit centers are usually given a lot of discretion because it is relatively easy to tie management pay to division performance. Thus, the correct option is D). the company has a clear perform.
What are the responsibilities of a manager?Manager is a person who is responsible for controlling or supervising an organization or group of staff.
A manager has to perform number of responsibilities for the attainment of the objectives of a company. These responsibilities may include managing staff, planning and evaluating department activities etc.
Basically, manager is a professional who manages a team of employees.
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3. What is something valuable that the lender can take as payment if you can't or don't repay your secured loan?
a. Amortization
b. Collateral
Down Payment
C.
d. Credit Card
1. Describe the JA Finance Park Program and what it aims to teach students. 2. In what capacity do volunteers work with students during the simulation? 3. Explain the purpose of the kiosks during the simulation. 4. Explain why William Anderson went into teaching. 5. Describe the Wealth Effect Game and how it helps students to learn about finances. 6. What is Anderson hoping to do as a next step and why?
Answer: The answers are given below
Explanation:
1. The JA Finance Park Program is an approach to financial literacy education. JA Finance Park allows the middle and high-school grade students to see, and live the experience of personal finance in the real-life setting of shops, stores, and financial institutions. It gives a realistic view on how to obtain and manage money.
2. The volunteers play a vital role as they guide students when they visit to the facility. Every volunteer helps between ten to twelve students to learn how to balance budget on a limited income.
3. The purpose of kiosk is that it is the research phase where students talk to the mentors about what expenses really mean.
4. William Anderson went into teaching to help students learn how to handle money. Anderson was formerly a banker and he learned that majority of adults lack simple, and basic financial tools which are essential.
5. The wealth effect game simulates the real world to the younger ages in financial terms. Paycheck is based on their academic performance, and there is taxes and deductions on their paychecks, when they raise their grade, and raise their pay.
Answer:
6. To make the game into an app
Explanation:
How do gender stereotypes affect leadership perception and
organizational goals?
Gender stereotypes can have significant impacts on leadership perceptions and organizational goals.
First, gender stereotypes limit opportunities for women and minorities to hold leadership positions. People assume that men are better leaders, so women often get passed over for promotions. Second, stereotypes can impact how people perceive the effectiveness of leaders. Women, for example, are often seen as less competent than men, even when they perform at the same level. This can negatively affect how people respond to their leadership style.Third, gender stereotypes can limit organizational goals by creating a homogenous workforce. Companies that don't prioritize diversity and inclusion may struggle to attract a wide range of candidates.
This can prevent organizations from achieving goals like innovation and growth. Ultimately, gender stereotypes can limit potential and negatively impact organizations.
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suppose a firm is producing a level of output such that marginal revenue is equal to marginal cost. the firm is selling its output at a price of $8 per unit and is incurring average variable costs of $6 per unit and average total costs of $7 per unit. given this information, it may be concluded that the firm:
Firm has reached its greatest potential profit. When marginal revenue (MR) equals minimum cost (MC), the business is operating at that level (marginal cost). At this stage, profit is at its highest level.
Simply said, profit is total revenue less total expenses. It reveals how much your company made after expenses. Profit is a crystal-clear indicator of how your firm is operating and performing in the market because the main objective of every business is to make money. the surplus of income over expenses in a single or series of transactions. especially: net income, which is often for a specific time period, the difference between the selling price of items and their cost. In business, three different types of profit are utilized. Different Profits, Total Profit.. Operating Income., Net Gain.
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b) list 3 ways in which cost are analyzed according to function
Cost analysis according to function involves examining costs based on their specific functions within an organization. Here are three ways in which costs can be analyzed according to function:
1. Direct costs: Direct costs are expenses that can be directly traced to a specific function or activity. These costs are directly associated with producing a particular product or delivering a specific service. Analyzing costs by function allows businesses to identify and allocate direct costs accurately. For example, in a manufacturing company, direct costs for a specific product may include raw materials, labor costs directly involved in production, and equipment maintenance costs specific to that product line.
2. Indirect costs: Indirect costs are expenses that are not directly tied to a specific function or activity but still contribute to the overall operation of the organization. These costs are shared among multiple functions or activities within the business. Analyzing costs by function helps in assigning a portion of indirect costs to different functions based on their usage or allocation criteria. Examples of indirect costs include rent, utilities, administrative salaries, and general supplies.
3. Overhead costs: Overhead costs encompass all the expenses that are necessary for running the business but cannot be directly assigned to a specific function or activity. These costs are incurred to support the overall operations of the organization. Analyzing costs by function helps in understanding the portion of overhead costs allocated to different functions based on their utilization or predetermined allocation methods. Overhead costs may include facility maintenance, depreciation of shared assets, insurance, and other general administrative expenses.
By analyzing costs according to function, businesses can gain insights into the specific expenses associated with each function or activity. This information allows for better cost management, budgeting, and decision-making within the organization.
Kindly Heart and 5 Star this answer and especially don't forgot to BRAINLIEST, thanks!Include each of the following in your initial discussion post: (In a minimum of 300 words and a maximum of 500 words). Using concepts from this week's readings, discuss each of the following questions in your initial posting. 1. What are the impacts on a business that chooses to form as a sole proprietorship? 2. What are the impacts on a business that chooses to form as a partnership? 3. What are the impacts on a business that chooses to form as an S Corporation? 4. What are the impacts on a business that chooses to form as a C Corporation? 5. What are the impacts on a business that chooses to form as an LLC? Be sure to paraphrase and then cite the source(s) of any information and/or ideas. Direct quotes are not permitted. Sources must be cited correctly. Remember if it is referenced, it must be cited in the text.
Businesses are formed as sole proprietorships, partnerships, corporations (S and C), and limited liability companies (LLCs). They can be classified based on a variety of criteria, including ownership structure, taxation, and liability protection.
These structures will have a significant impact on the operation of the company, as well as its taxation, management, and liability. In this answer, we will be discussing the effects on a business that chooses to form as a sole proprietorship, partnership, S Corporation, C Corporation, and LLC.Sole proprietorships are the most basic form of business. A sole proprietorship is a business in which the owner and the company are the same person. Sole proprietorships are simple to start, but they provide limited liability protection. The owner is solely responsible for all of the company's debts and legal liabilities. Furthermore, the income of a sole proprietorship is subject to both self-employment tax and individual income tax.Partnerships are similar to sole proprietorships in that they are easy to establish and have unlimited liability for all of the partners. However, in a partnership, two or more individuals own the company. They share the profits and losses of the company and are jointly responsible for its liabilities. They are also subject to both self-employment tax and individual income tax.S Corporations are distinct legal entities that are taxed differently than sole proprietorships and partnerships. The owner or owners of an S Corporation are not required to pay self-employment tax on the company's earnings, only income tax. An S Corporation's owners' personal assets are shielded from the company's legal liabilities, and shareholders' profits are taxed at their individual tax rates.C Corporations are also distinct legal entities that are separate from their owners. Unlike sole proprietorships and partnerships, C Corporations are taxed as separate legal entities, and their shareholders are not required to pay self-employment tax on their earnings. Furthermore, C Corporations have unlimited liability protection, meaning that the shareholders' personal assets are not at risk in the event of legal action against the company.Limited Liability Companies (LLCs) are hybrid structures that combine elements of sole proprietorships, partnerships, and corporations. They are structured in a similar manner to partnerships, with two or more owners who share profits and losses. LLCs, on the other hand, provide limited liability protection for their owners, similar to a corporation. LLCs are taxed similarly to sole proprietorships, partnerships, or S Corporations, depending on how they are structured.In conclusion, the form of business that a company chooses to establish will have a significant impact on its operations, taxation, management, and liability. Sole proprietorships and partnerships are simple to establish but have unlimited liability protection. S Corporations and LLCs provide limited liability protection and can be taxed differently. C Corporations have unlimited liability protection and are taxed separately from their shareholders.
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The leading producer of gardening tools, YourGarden Inc, has achieved great success because they produce high-quality tools that are not too expensive. Even so, another company that produces lower-quality tools at the same price has also achieved some success, but not as much as YourGarden. Also, in general, the price of gardening tools has declined because of economies of scale and learning. In addition, YourGarden has added complementary assets, such as gardening instruction. Considering all of these factors, the gardening tool industry is most likely in the
A. introduction stage.
B. growth stage.
C. shakeout stage.
D. maturity stage.
Answer:
B. growth stage.
Explanation:
In the growth stage, the demand would be strong as the both efficient & none-efficient firms would thrive also the price would be decline as the firm starts to reap the economies of scale. Moreover, the distribution channels would be expanded also the assets i.e. complementary would be widely available
Therefore the option b is correct
Explain how the boss at the company in the following scenario could have delegated the tasks more appropriately : Samuel and Martha work at the same agricultural consultation company . Samuel works in agricultural quality control, while Martha is an agricultural logistics specialist . A new boss delegated Martha to negotiate a financial deal with a farm and then create a strategy for the farm.
Answer:
Should have had Martha negotiate the logistics of the financial deal then have Samuel come up with the strategy plan
Explanation:
Samuel is quality control so he would know how to come up with a plan to best fit customer and company need assuring that both parties get the most out of the exchange and or business agreement
A _____ is composed of a group of people that seeks to influence the strategies of the government by getting people elected to official government positions.
A Political party is composed of a group of people that seeks to influence the strategies of the government by getting people elected to official government positions.
What are political parties called ?A political party is a group that organizes candidates to run for office in a given nation. Parties may support particular ideologies or political objectives, and it is typical for party members to share similar political views.As contemporary party organizations evolved and expanded around the world over the past several centuries, political parties have grown to play a significant role in the politics of practically every nation. Unpolitical parties are relatively uncommon in a nation. While some nations only have one political party, others have many. Both democracies and autocracies use parties in their political systems, however democracies often have more political parties than do autocracies.Parties can emerge from social differences that already exist, such as those between the poorer and upper classes, and by promoting cooperation among their members, they simplify the political decision-making process.Learn more about Political party refer :
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4.
manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.
Answer: AJ, MT, RD, Jr
Explanation:
Given the following data :
AJ - 16
TM - 23
WF - 23
SW - 22
MT - 15.5
RD - 18.5
Jr - 20
LS - 23
PB - 36
Median salary can be calculated thus :
Arranging salary in ascending order of Magnitude :
15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)
Meduan salary is the 5th figure in the arrangement = £22 thousand
Therefore, those earning less than the median salary are:
AJ, MT, RD, Jr
The Percentage of Total Income that must be paid in Taxes Le the amount of total taxes paid when divided by income is referred to as: Regressive Tax Marginal Tax Rate Average Tax Rate Proportional Tax
The amount of total taxes paid when divided by income is referred to as the "average tax rate." This term represents the percentage of total income that must be paid in taxes.
What is an average tax rate, The average tax rate is a taxation method that is based on the total tax liability of an individual divided by his/her total income. It is the percentage of total income that must be paid in taxes.
Average Tax Rate = Total Tax Liability / Total Income.
Therefore, when the total taxes paid is divided by income, the result obtained is the average tax rate. Hence, the correct answer is the Average Tax Rate.
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5. a life annuity immediate provides payments of 10, 8, 6 and 4 in the first four years, followed by payments of 2 per year thereafter. you are given: i. ii. iii. iv. v. calculate the actuarial present value of this annuity.
The actuarial present value of this annuity is $48.16.
To calculate the actuarial present value, we need to determine the present value of each payment using a specific discount rate. For this annuity, the payments in the first four years are 10, 8, 6, and 4, while the payments in subsequent years are 2.
Using a discount rate of 4%, the present value of the first payment is 9.52, the second is 8.64, the third is 7.68, the fourth is 6.64, and the fifth and subsequent payments are 1.92 each. The total present value of all the payments is the sum of the present value of each payment, which is $48.16.
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after morgan corporation merged with sw companies, it was noticed that due to increased employee collaboration between the two companies, costs were down and revenues increased within both areas. this is an example of what business phenomenon?
The business phenomenon that is demonstrated in this example is called the "Synergy Effect" or "Synergy."
The Synergy is defined as the concept that the whole is greater than the sum of its parts. It refers to the idea that when two or more companies come together, they can create more value together than they could separately.
In this case, the merger of "Morgan-Corporation" and "SW" Companies resulted in increased collaboration between the two companies' employees, which leads to reduced costs and increased revenue.
Therefore, This example demonstrates how the synergies created by the merger resulted in improved business performance for both companies.
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During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?
The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.
What is the maturity stage of the product life cycle?Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.
In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.
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When choosing a state in which to locate, one must evaluate which of the following?
A) The general business climate
B) The state's business laws, regulations, and taxes
C) Tax incentives and/or investment credits
D) All of the above
When choosing a state in which to locate, one must evaluate all of the above options. The general business climate, the state's business laws, regulations, and taxes, and tax incentives and/or investment credits are all important factors to consider.
The general business climate of a state is an important factor to consider when choosing a location for a business. This includes factors such as the availability of skilled labor, infrastructure, access to capital, and overall economic stability. A state's business laws, regulations, and taxes are also important considerations. These factors can affect the ease of doing business, the cost of operating a business, and the legal requirements for compliance.
Tax incentives and/or investment credits can also be a significant factor in the decision-making process. Some states offer tax breaks or other financial incentives to encourage businesses to locate there, and these can impact the overall cost and profitability of a business. Therefore, it is crucial to evaluate all of these factors when choosing a state in which to locate a business.
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your grandmother tells you a dollar doesn't go as far as it use to. she says the "purchasing power" of a dollar is much less than it used to be. explain what she means. try to use and explain terms like inflation and deflation in your answer
Back then. A dollar was worth WAYYYYY more than it is now. back then you could buy a lollipop for a like a penny. However as time went on we went through deflation and prices went down
Workforce Trends refers to...
A) Labor Workforce
B) Employers
C) Employees
Workforce trend refers to employers.
The workplace is a dynamic setting that constantly changes as the corporation looks to develop new strategies for success. Every organization looks forward to bettering its current practices. These adjustments would affect people's behavior as well as how the organization operates. Workforce trends are the alterations that the workplace has undergone over time.
Organizations should closely monitor workplace trends so they can assess how the changes will affect their operations. The management/employer is better able to comprehend the trends, and they are then followed. Better benefits, motivating workers to have a flexible work-life balance, or even upgrading cubicles by switching to an open-concept floor plan are just a few examples of workforce trends.
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Which of the following categories of investments are reported at their fair values on the balance sheet and have unrealized holding gains and losses included as a separate component of shareholders' equity?
available-for-sale securities
trading securities
marketable securities
held-to-maturity debt securities
The category of investments that are reported at their fair values on the balance sheet and have unrealized holding gains and losses included as a separate component of shareholders' equity is the available-for-sale securities.
An available-for-sale security is a type of investment that a company can purchase with the intention of selling at a later date. This type of security is classified as a current asset on a company's balance sheet and is reported at its fair value. When available-for-sale securities are sold, the difference between their purchase price and their sale price is recorded on the income statement as a realized gain or loss. Unlike trading securities, the unrealized holding gains and losses on available-for-sale securities are included in a separate component of shareholders' equity, rather than being recognized on the income statement.
Holding gains and losses are recognized as comprehensive income, which is a separate component of the company's financial statements. Available-for-sale securities are a type of marketable security, but not all marketable securities are available-for-sale securities. Marketable securities include any security that can be easily bought or sold in a public market.
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Read the last paragraph under the heading""Elasticity of Supply. "" Would a lawn care business have elastic or inelastic supply in the short term? Explain your answer
To calculate the overhead applied to a job incurring $1,000 of direct labor, we need to determine the overhead rate per direct labor dollar. The overhead rate can be found by dividing the total factory overhead costs by the total direct labor costs.
The overhead applied to a job incurring $1,000 of direct labor would be $2,250. This is determined by multiplying the overhead rate per direct labor dollar, which is $2.25, by the direct labor cost of the job.
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a monopolistically competitive market is characterized by
Typically, the monopolistically competitive market have the attributes of having many firms, differentiated products and free entry/exit.
A monopolistic competition occurs when competitive firms produces or manufactures products or services that are similar and substitutes.
The characteristics of the monopolistically competitive market includes:
There are presence of many sellers in the marketThere is easy entrance and exit of consumers in the market There are differentiated products in the marketIn conclusion, the monopolistically competitive market is characterized by having many firms, differentiated products and free entry/exit.
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The cost of campaigning requires candidates to conduct extensive
activities.
O community service
O fund-raising
O illegal
O campaigning
Answer:
fund-raising
Explanation:
Running for a political office is an expensive affair. The candidate and political party require a lot of money to run a successful campaign. To raise funds needed to conduct campaigns, political parties and candidates organize fundraising activities and events.
Community service and campaigning are good platforms to woe voters but cannot generate funds to run for a political office.
who do you think should be the recipients of project proposal
Answer:
The Employers/Head Company
Explanation:
You're pitching this to someone in charge, who might do some with the project.
What medical expenses can you claim on taxes?
Expenses for medical care also include expenditures for procedures affecting the structure or operation of any part of the body, as well as payments for the diagnosis, mitigation, treatment, or prevention of disease.
Medical Expenses:
You may deduct from your income any unreimbursed expenses for qualified medical care that you incur, such as those for preventive care, treatment, surgeries, dental and vision care, visits to psychologists and psychiatrists, prescription medications, appliances like glasses, contacts, false teeth, and hearing aids, and travel expenses.
When filing a claim for medical expenses, you must maintain all original receipts for six years. When you file a claim, you are not required to present certain receipts, including Med 2 papers.
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suppose that a government has had several years of general-fund surpluses. is this necessarily a sign of fnancial strength?
A government's fiscal health cannot be determined by looking solely at its general fund. As a result, general fund surpluses do not constitute a guarantee of fiscal stability.
What do you mean by fund surplus?
The monies left over after a mortgage has been paid off through the final verdict of a foreclosure auction are known as surplus funds, also known as overage or excess funds.The surplus account shows a company's net assets over all liabilities, including its capital stock.An item or resource that has more than is currently being used is said to have a surplus. A surplus can relate to a wide range of things, including money, goods, capital, and profits. A surplus in the context of inventories refers to items that are still on store shelves but have not yet been purchased.To know more about Surplus here
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Which is the best general statement about the role of government in business in the United States? O A. Government determines what goods and services are produced. B. Government acts to allow markets to function efficiently. C. Government owns the resources of production. D. Government has no role in business.
reasons for a business to lower its prices?
Question 26 Listen A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 7.9% commission and incur $645,000 in fixed costs, while an internal sales force has fixed costs projected at $2,080,000 and would receive 3.0% commission. At what sales volume would the manufacturer be indifferent between the two alternatives? Report your answer in dollars. Your Answer: Answer Question 27 4) Listen ► A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 8.8% commission and incur $600,000 in fixed costs, while an internal sales force has fixed costs projected at $1,750,000 and would receive 3.3 % commission. Assume that sales revenue is double the breakeven volume or the point at which the manufacturer would be indifference between reps and an internal sales force. At this volume, how much would the manufacturer save, assuming the company had switched to an internal sales force? Report your answer in dollars. Your Answer:
The manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29. The savings achieved by switching to an internal sales force at double the breakeven volume can be calculated using the provided cost estimates.
To determine the sales volume at which the manufacturer would be indifferent between manufacturers' representatives and an internal sales force, we need to equate the costs of both options.
For the manufacturers' representatives:
Total cost = Commission + Fixed costs
Total cost = 7.9% of sales + $645,000
For the internal sales force:
Total cost = Commission + Fixed costs
Total cost = 3.0% of sales + $2,080,000
To find the sales volume, we set the total costs of both options equal to each other:
7.9% of sales + $645,000 = 3.0% of sales + $2,080,000
Subtracting 3.0% of sales from both sides gives:
4.9% of sales + $645,000 = $2,080,000
Subtracting $645,000 from both sides gives:
4.9% of sales = $2,080,000 - $645,000
4.9% of sales = $1,435,000
Dividing both sides by 4.9% gives:
sales = $1,435,000 / 4.9%
sales ≈ $29,285,714.29
Therefore, the manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29.
For the second question, we need to find the savings achieved by switching to an internal sales force at double the breakeven volume.
Assuming the breakeven volume is the sales volume at which the manufacturer would be indifferent, which is $29,285,714.29, we can calculate the savings.
Savings = Total cost with manufacturers' reps - Total cost with internal sales force
Savings = (8.8% of sales + $600,000) - (3.3% of sales + $1,750,000)
At the breakeven volume, the sales would be $29,285,714.29:
Savings = (8.8% of $29,285,714.29 + $600,000) - (3.3% of $29,285,714.29 + $1,750,000)
Calculating this equation will give the amount saved by switching to an internal sales force.
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because you understand the law of supply, you can deduce that the correct graphical representation of the supply for records must be
Because you understand the law of supply, you can deduce that the correct graphical representation of the supply for records must be a straight line. Supply is determined by factors such as price, availability of resources, and number of suppliers, among many others.
What do you mean by a Straight line?
A straight line is a line that continues in the same direction without any bends or curves. It is the shortest path between two points and is often used to represent relationships between two variables in a graph. A straight line is said to have an undefined slope, since it moves in a single direction, either up or down. Straight lines can also be used to define angles, as the angle between two intersecting straight lines is equal to the inverse of their slope. Straight lines are also commonly used in geometry to define the side of a triangle, a polygon, or a circle. Straight lines are also used to define a linear equation, which is a mathematical equation that describes the relationship between two variables.
So, The required answer is Straight line.
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Does it matter how much money you make in your career?
Answer:
Yes,it does matter how much money you make in your career
What was the biggest challenge to getting the airplane to fly
Answer:by usin rocket flue that’s what my 8th grade teacher said -Tokyo
Explanation:
Answer:
Wings with enough surface area and the proper curve to provide lift.
A means to control the direction of the aircraft's movement.
A lightweight source of power.
Explanation:
Is it wright brothers???