Nathan Chong, one of the founders of Newstilt, believed that uncertainty was his startup’s failure on the failure spectrum.
What is Newstilt?Newstilt is a content sharing platform for journalists to share their stories. They aim to help reporters and editors create better stories and engage more readers. The platform works by making it easier for reporters to share their work, collaborate with other journalists, and get feedback from their editors.
What is the failure spectrum?The failure spectrum is a model developed by Failory that shows different stages of a startup's journey and the reasons why it may fail. According to Failory, there are seven different stages of startup failure, starting with ideation and ending with the exit stage. In this model, each stage of failure is attributed to different reasons, such as lack of validation, poor execution, or market risk.
Uncertainty: Refers to a lack of knowledge or information about a particular situation, which can make it difficult to make informed decisions.Process inadequacy: Refers to problems with the way things are done, such as inefficient or ineffective processes or workflows.Deviance: Refers to behavior that deviates from established norms or expectations, which can lead to negative consequences.Lack of ability: Refers to a lack of skills, knowledge, or resources needed to successfully accomplish a particular task or goal.Learn more about failure spectrum here: https://brainly.com/question/29609113
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Which transaction caused John to overdraw his account?
By examining the financial figures provided above for John's account, it is clear that check no. 410 for $710.49 was the reason for John's account overdraft. As a result, choice (C) is valid.
What does overdrawing an account mean?A transaction in which the account holder is permitted to take more money than the account's actual balance is referred to as an overdraft from the account. The account balance is negative following a transaction that results in an overdraw.
One can clearly infer from the account statement shown above that an overdraw transaction occurred after Check No. 410 for an amount of $710.49 was drawn since the account's balance was negative for the first time.
Hence, Option (C ) is the accurate one.
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Your question is incomplete, probably the complete question is:
Which transaction caused John to overdraw his account?
(A) The Online Bill Payment of $146.67
(B) Check No. 409 for $100
(C) Check No. 410 for $710.49
(D) The Overdraft Fee of $35
Part 1: Recording Entries for Manufacturing
One of the products Al-Can Products, Inc. manufactures for their rest stops are benches. Perform the following tasks to classify and record common manufacturing costs.
The production of the rest stop benches requires the following costs. For each cost, determine how the cost should be classified by placing an X in the appropriate column.
Direct Materials
Direct Labor
Factory Overhead
None
Wages of factory supervisor
Rent of company headquarters
Lumber to manufacture benches
Factory property taxes
Bench inspector wages
Wages for the marketing manager
Cleaning supplies to maintain equipment
Wages of production employees
Stain for the benches
Al-Can Products, Inc. estimates that it will build 5,000 benches next year. For this amount of production, total factory overhead is estimated to be $123,456.00. Estimated direct labor costs for next year are $256,190.00. Calculate the factory overhead applied rate for next year as a percentage of direct labor costs.
Answer:
The factory overhead applied rate for next year is 48.19% of the estimated direct labor costs.
How do we calculate the factory overhead applied rate for next year?
The factory overhead applied rate is calculated by dividing the total factory overhead by the estimated direct labor costs and expressing the result as a percentage.
So, the formula for factory overhead applied rate is \((Total factory overhead / Estimated direct labor costs) * 100%\)
Plugging in the given values, we get factory overhead applied rate which is:
= ($123,456.00 / $256,190.00) * 100%
= 0.481892346 * 100%
= 48.1892346%
= 48.19%.
Complete and answered question "Al-Can Products, Inc. estimates that it will build 5,000 benches next year. For this amount of production, total factory overhead is estimated to be $123,456.00. Estimated direct labor costs for next year are $256,190.00. Calculate the factory overhead applied rate for next year as a percentage of direct labor costs".
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What are the depleted amounts of tangible assets and intangible assets known as?
The annual depletion in the value of a tangible asset is known as (operating, amortization, or depreciation) expenses. The intangible assets also diminish in value, and this amount is known as (operating, amortization, or depreciation) expenses.
Answer:
Depreciation ; amortization
Explanation:
The tangible assets are those assets who are seen and ever touched. For this type of assets, the depreciation expense should be charged while on the other hand the intangible assets are those assets who are not seen not ever touched so for this type of assets the amortization expense should be charged
Therefore the above should be considered
A public franchise gives the exclusive right to produce a product for 20 years from the date the product is invented. True or False.
The given statement, "A public franchise gives the exclusive right to produce a product for 20 years from the date the product is invented" is false because the time period depends upon the agreement and can range anywhere from 5-20 years.
Public franchise is a business restricted by the government or the concerned authority to be the sole distributor of the concerned product or service. The owner of the franchise licenses its operations.
Agreement is a contract or simply a promise between two individuals or parties related to some business or property. The agreement is in accordance with the will of the both the parties.
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when a company produces a good based on a sales forecast, stores them, and then waits until an order for the product is requested, this is known as a(n)
When a company produces a good based on a sales forecast, stores them, and then waits until an order for the product is requested, this is known as a "make-to-stock" strategy or approach.
In a make-to-stock strategy, the company produces goods in anticipation of future demand based on sales forecasts or historical sales data.
produced goods are then stored or stocked in inventory until customer orders are received. This approach is commonly used when the company expects a steady and predictable demand for its products.
By maintaining inventory and fulfilling orders from stocked goods, the company aims to minimize lead times and ensure timely delivery to customers. This strategy allows the company to have readily available products to meet customer demands without the need for immediate production upon receiving an order.
In contrast, other production strategies such as "make-to-order" or "assemble-to-order" involve starting production only after an order is received from a customer. These strategies are typically employed when products are highly customizable or when demand is more uncertain.
It's important for companies to choose the appropriate production strategy based on factors such as market demand, product characteristics, customer preferences, and operational capabilities.
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A core belief is best described as
Core beliefs are solid convictions that a person has held through time and consistently that shape their worldview and sense of self.
What is a worldview example?The term "worldview" often relates to a perception of reality which offers a broad framework for how the world or the cosmos are put up. The worldviews of various belief systems, religions, ideologies, and even science itself might have different conceptions of the universe.
What is a contemporary worldview?prevailing worldviews. Modern thinkers place a strong emphasis on reason and science, and often challenge enforced beliefs from the past and (religious) traditions. They frequently question what they perceive to be orthodoxy or "group mentality" and are forceful. "Sapere aude" was the Enlightenment's catchphrase, according to the philosopher Kant.
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Which of the following is a criticism of multinational corporations?
A) multinationals sometimes support reactionary and oppressive regimes
B) multinationals require excessive employment information
C) countertrading
D) the transference of labor-intensive technology
E) multinationals do not do enough to standardize their marketing mixes
One criticism of multinational corporations is that A) Multinationals sometimes support reactionary and oppressive regimes in their pursuit of profits.
This is a criticism of multinational corporations because they may prioritize their economic interests over human rights and social issues. By supporting oppressive regimes, these corporations may inadvertently contribute to human rights abuses and social inequalities.
This has been seen in instances where multinationals have partnered with governments that have poor human rights records or have engaged in environmentally destructive practices. Additionally, the transference of labor-intensive technology from developed to developing countries can perpetuate a cycle of low wages and poor working conditions.
However, counter trading, which involves the exchange of goods or services instead of currency, is not necessarily a criticism of multinational corporations. Finally, some argue that multinationals do not do enough to standardize their marketing mixes, potentially leading to cultural insensitivity or offensive advertising.
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Key components of innovation capability include all of the following, except:
a. An organization's ability to generate deep customer insights
b. Having high R&D expenditure
c. Having separate entities and processes for developing breakthrough innovations
d. An organization's network of contacts
Key components of innovation capability include all of the following, except b. Having high R&D expenditure. While R&D spending can contribute to innovation, it is not a key component or guarantee of innovation capability.
Innovation capability refers to an organization's ability to develop and implement new ideas, products, services, and processes. It encompasses the knowledge, skills, and resources needed to create and implement innovative solutions that meet the changing needs of customers and markets. Organizations with strong innovation capabilities are able to stay ahead of the competition by continuously generating and implementing new ideas. They are able to adapt quickly to changes in the market and to take advantage of new opportunities. There are several key factors that contribute to innovation capability.
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Find the area of a rectangle with the length measuring 8 km and the width measuring 5 km.
A. 26 m2
B. 40 m2
C. 40 km2
D. 26 km2
Answer:
The answer is C. 40 km^2
8km*5km = 40
A = L*W
L = 8 km
W = 5 km
the treasury will order the federal reserve bank of new york to ______ dollars and ______ russian rubles through the foreign exchange department of american commercial banks.
"The Treasury will order the Federal Reserve Bank of New York to purchase dollars and sell Russian rubles through the foreign exchange department of American commercial banks."
The statement means that the US Treasury Department will instruct the Federal Reserve Bank of New York to buy US dollars and sell Russian rubles. This transaction will take place through American commercial banks' foreign exchange departments. This action is a foreign exchange intervention strategy aimed at influencing the exchange rate between the two currencies.
By purchasing US dollars, the Federal Reserve will increase the demand for the currency, which will likely increase its value relative to the Russian ruble. Conversely, by selling Russian rubles, the supply of the currency will increase, which may cause its value to decrease.
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Why do you think assistant coaches play such a significant role in these scandals?
Answer:
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Explanation:
Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:
Answer: Excessive cost
Explanation:
Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.
2. If changes happen during September or October, which expenses will you be able to change most easily? Give an example of how you could make a change. (5 points)
The correct answer to this open question is the following.
Although the question does not provide any context, references, or give options, we can say that if changes happen during September or October, the expenses you will be able to change most easily are according with the provisions projected in the annual plan, the budget, compared with the monthly expenses.
That is why a company has to elaborate on a good financial plan and overseeing the projections and true sales of the marketing and sales plan. This is important to take the proper control of expenses and revenues. Depending on the volume of sales during September and October, you can decide what kind of changes or adjustments to make in the following months.
Answer:
I would be able to change the variable expenses most easily. Such as food, clothing, and discretionary spending.
I could make the change by
Budgeting in October:
food from spending -$70 back to -$60
cut clothes off since I bought some already from -$40 to $0
budget my discretionary spending from -$60 back to -$40
This would increase my savings to $230
1. Calculate the current ratio for each of the following competing companies. (Round your answers to 2 decimal places.)
Current Assets Current Llabilities Current Ratio Edison $ 84,000 $ 31,818 ____
MAXT 111,720 76,663 ____
Chatter 47,376 49,166 ____
TRU 90,972 82,636 _____
Gleeson 64,596 101,108 _____
2. Identify the company with the strongest liquidity position. Edison MAXT Chatter TRU Gleeson
The current ratio for various companies will be as below calculated in detail.
1. To calculate the current ratio for each company, you need to divide the current assets by the current liabilities.
Edison:
Current Ratio = Current Assets / Current Liabilities = $84,000 / $31,818 = 2.64
MAXT:
Current Ratio = $111,720 / $76,663 = 1.46
Chatter:
Current Ratio = $47,376 / $49,166 = 0.96
TRU:
Current Ratio = $90,972 / $82,636 = 1.10
Gleeson:
Current Ratio = $64,596 / $101,108 = 0.64
2. The company with the strongest liquidity position is the one with the highest current ratio. In this case, it is Edison with a current ratio of 2.64.
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Question 1 of 10
Why do managers care about soft skills when hiring for a technical job?
A. They want to know that the applicant will enjoy corporate events
and activities.
B. They want to be sure the applicant will be able to complete the
assigned tasks.
C. They want to be sure the applicant has no outside interests that
will interfere with work.
D. They want to be sure the applicant can collaborate and work well
with other team members.
D. They want to be sure the applicant can collaborate and work well
with other team members.
Explanation:
Managers do care about soft skills when hiring for a technical job as they want to be sure the applicant can collaborate and work well with other team members. The correct option is d.
What is a technical job?Technical jobs are those that require specific talents and expertise an individual possesses that help them perform a certain task or job. These skills differ from soft skills, which instead describe character and personality traits.
Technical skills are abilities an individual acquires through practice and learning, although a person may bring an inherent propensity for a certain skill. An individual who possesses a particular proficiency for coding, for instance, would have a sought-after technical skill as a job candidate at a software or technology company. Technical job skills are ideal to list on the skill section of a resume because they shine a light on abilities and strengths.
However, it is important to realize not all technical skills at an individual’s disposal should be listed.
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Although channels of distribution allow consumers and industrial users access to products from all over the world, they do not guarantee that consumers will be able to purchase anything they want. Tiny time they want. Certain products may only be available in limited supplies. Because of supply and demand, channel members may be able to charge higher prices for coveted products. This may be fine for a designer handbag, but what if the product is more basic, like fresh water or medical supplies? Or, let's say there is a hurricane or tornado in a certain part of the country, and many people need to repair their homes and roofs. Is it OK for channel members to mark up hardware products during this time to make a bigger profit?
Answer:
We can more easily obtain products from all over the world. Channels of distribution allow consumers, industrial users, producers, and other channel intermediaries to save time and money. They also allow us to more easily obtain products from all over the world, since we do not have to travel and search for each individual item we wish to purchase.
Can someone please help me!
Answer:
The awnser is the Nature of Business
Answer:
nature of business that's
How does marketing help your product or service
Answer:
Marketing informs your customers about the products or services you're offering them. Through marketing, the customers get to know about the value of the products, their usage and additional info that might be helpful to the customers. It creates brand awareness and makes the business stand out.
Explanation:
"i know headquarters wants us to add that new product line," said bella troung, manager of haley company’s office products division. "but i want to see the numbers before i make any move. our division’s return on investment (roi) has led the company for three years, and i don’t want any letdown."
ROI is a mathematical formula that investors can use to assess their investments and determine how well one investment has fared in comparison to other assets. An ROI estimate may occasionally be combined with other strategies to create a business case for a specific proposition. How well a firm is managed is measured using the overall ROI for the enterprise.
A return on investment may be determined by determining whether one or more of an organization's immediate goals—such as increasing market revenue share, developing infrastructure, or preparing the company for sale—rather than by determining immediate profit or cost savings.
Margin = Net operating income/Sales
Turnover = Sales/Operating assets
ROI = Margin*Turnover
How is ROI determined?
There are several ways to determine ROI. The most popular is ROI, which is calculated as ROI = Net income / Cost of Investment multiplied by 100.
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what term refers to the process in which two or more parties make offers, counteroffers, and concessions in order to reach an agreement?
The term that refers to the process in which two or more parties make offers, counteroffers, and concessions in order to reach an agreement is known as "negotiation."
Negotiation is a fundamental aspect of resolving conflicts, reaching compromises, and establishing mutually beneficial agreements between individuals, organizations, or even nations.
During a negotiation, parties engage in a structured dialogue to discuss their interests, objectives, and desired outcomes. They present offers, which are proposals outlining their position or terms they are willing to accept. Counteroffers are responses that modify or reject the original offer while suggesting alternative terms. Concessions involve making compromises or adjustments to one's initial demands to facilitate agreement.
Negotiation requires effective communication, active listening, and a willingness to find common ground. It involves understanding each party's needs, exploring potential solutions, and finding a mutually acceptable arrangement. Successful negotiation often involves finding win-win outcomes that satisfy the interests of all parties involved while maintaining a cooperative and constructive relationship.
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true or false
You should prioritize goals by putting them in order of importance
Answer:
true
Explanation:
because thats what you should do
Marianne was a computer programmer making almost $170,000 a year at a rate of $80 an hour for Big Tech. Ginger, her boss, demanded that she work 100 hours of overtime over the next month until a large project was complete. Marianne believes she is entitled to 100 hours of overtime pay. Under the Fair Labor Standards Act, how much overtime pay is she entitled to
Under the Fair Labor Standards Act, Marianne is entitled to $12,000 for overtime pay.
What is the overtime rate under the Fair Labor Standards Act?Under the Fair Labor Standards Act, the overtime rate is a time and a half.
Data and Calculations:Annual salary = $170,000
Rate per hour = $80
Overtime rate per hour = $120 ($80 x 1.5)
Overtime hours = 100 hours
Overtime pay = $12,000 (100 x $80 x 1.5)
Thus, under the Fair Labor Standards Act, Marianne is entitled to $12,000 for overtime pay.
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What is the basis of effective communication? group of answer choices the interpretation of meaning transmitting a message from sender to receiver support of basic management functions consistency of meaning nonverbal feedback
Answer:
The basis of effective communication is the transmission of a message from the sender to the receiver in a way that ensures a shared understanding of its meaning.
Explanation:
Effective communication requires that the message is transmitted clearly, accurately, and concisely, and that the receiver interprets it as the sender intended. The support of basic management functions, consistency of meaning, and nonverbal feedback can all contribute to effective communication, but they are not the basis of it. Ultimately, effective communication is built on a shared understanding of the message being conveyed, and it is the responsibility of both the sender and the receiver to ensure that this understanding is achieved.
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QuickMovers limits the size of the packages it delivers to 75 pounds. This is
an example of what type of requirement?
O A. Internal
O B. Voluntary
O C. Government
O D. External
Answer:
internal
Explanation:
i took the test
Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Households deposit $10,000 in currency into the bank, and the bank adds that currency to its reserves. What amount of excess reserves does the bank now have
The amount of excess reserves the bank now have is $8,000.
Calculate the excess reserves of Third National Bank after households deposit $10,000 in currency as follows:
1. Determine the required reserves before the deposit:
The reserve ratio is 20 percent, so the required reserves would be 20% of $100,000 (checkable deposits), which is $20,000.
2. Add the currency deposit to the bank's reserves:
The bank's reserves were initially $20,000, and households deposit an additional $10,000, making the new total reserves equal to $30,000.
3. Calculate the new checkable deposits:
The new checkable deposits would be the initial checkable deposits ($100,000) plus the households' currency deposit ($10,000), resulting in a total of $110,000.
4. Determine the required reserves after the deposit:
The reserve ratio remains 20 percent, so the required reserves would now be 20% of $110,000, which is $22,000.
5. Calculate the excess reserves:
To find the excess reserves, subtract the required reserves after the deposit ($22,000) from the new total reserves ($30,000). This gives you an excess reserve amount of $8,000.
So, after households deposit $10,000 in currency into Third National Bank and the bank adds that currency to its reserves, the bank now has $8,000 in excess reserves.
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customers are usually more willing to pay more for the first unit of a good they purchase than for the second, third, or subsequent units. this is because
This implies that typical consumers have a downward sloping demand curve.
The instance presented here exemplifies the law of declining marginal usefulness. According to this rule, the marginal utility from each new unit tends to decline as the customer consumes an increasing amount of commodities.This causes the individual's demand curve to dip downward. Consumers' willingness to pay lessens when utility satisfaction declines.
As a result, we may infer from the above that option C is the best choice.
What is the name of the demand curve?
A graph of the quantity demanded at each price is called a demand curve. Because it is a graphical depiction of the demand schedules, the demand curve is occasionally referred to as a demand schedule.To learn more about demand curves, click the links
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Describe the goal of a good financial manager according to you?
Answer:
Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers typically: ... Help management make financial decisions.
Please answer asap:
Would absolute transparency make monopolies more acceptable? Or are monopolies always negative because of reduced competition?
Absolute transparency can certainly help to reduce some of the negative effects of monopolies, such as lack of competition and high prices.
Why monopolies always negative because of reduced competition?However, transparency alone is unlikely to make monopolies more acceptable, as the very nature of a monopoly involves the absence of competition, which can lead to reduced innovation, lower quality products, and higher prices for consumers.
While transparency can help mitigate some of these negative effects, it is not a substitute for competition.
Monopolies are generally considered negative because they limit competition, leading to a lack of innovation and higher prices for consumers.
This can ultimately harm the overall economy by reducing consumer choice, stifling innovation, and creating barriers to entry for new competitors. While transparency may be helpful in reducing some of the negative effects of monopolies, it is not a solution to the fundamental problem of a lack of competition.
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In for peny, in for a pound , taking care of the rands and cents
Answer:
l don't understand the question you ask
Production planning is important because too much can lead to _____ inventory
Production planning is a critical process that involves the organization and management of resources to ensure that goods and services are produced efficiently and effectively.
One of the most significant challenges faced by businesses is finding the right balance between production levels and inventory levels. If a company produces too much, it may end up with excess inventory, which can be costly and wasteful. On the other hand, if a company produces too little, it may not be able to meet customer demand, resulting in lost sales and reduced profits. Therefore, production planning is essential to ensure that the right amount of goods is produced at the right time. By forecasting demand and aligning production with customer needs, businesses can avoid overproduction and reduce the risk of excess inventory. This can help to improve cash flow, reduce storage costs, and increase profitability. In conclusion, production planning is crucial for any business that wants to optimize production and minimize inventory costs. By using effective planning strategies, businesses can ensure that they produce the right amount of goods at the right time, while also meeting customer demand and improving profitability.
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