Naumann Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price $ 190 100 % Variable expenses 38 20 % Contribution margin $ 152 80 % Fixed expenses are $110,000 per month. The company is currently selling 1,000 units per month. Required: Management is considering using a new component that would increase the unit variable cost by $56. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 500 units. What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected
Answers
Answer:
-$8,000
Explanation:
With regards to the above, we need to compute first the variable cost per unit
Variable cost per unit = $38 per unit + $56 per unit = $94
New contribution margin per unit = $190 per unit - $94 per unit = $96
New unit monthly sales
= 1,000 units + 500 units
= 1,500 units
New total contribution margin
= 1,500 units × $96 per unit
= $144,000
The current total contribution margin
= 1,000 units × $152 per unit
= $152,000
Therefore, the change in total contribution margin and in net operating income
= New total contribution margin - Current total contribution margin
= $144,000 - $152,000
= -$8,000
Related Questions
IN YOUR OWN WORDS PLEASE!!!!!!!!!!!!!!!!!!! WILL MARK YOU BRAINLIEST
What is the Federal Reserve System?
I need 4-5 sentences
Answers
Question 1 of 5
What type of goal can help you be prepared for unexpected costs, such as
car repairs?
Long-term financial goal
An emergency fund
Retirement savings
Short-term financial goal
Subsi
Continue
Answers
A goal that can help you to be prepared when there are unexpected costs such as car repairs is An emergency fund.
How can you be prepared for unexpected costs?In order to be prepared for unexpected costs, the best thing to do is to have an emergency fund where you are able to save for when you may have to spend money that you are not prepared for.
The emergency fund would be best placed into an account that can earn interest but at the same time can be eaisly accessible. This was you can earn more money while saving for emergencies, and also be able to use the money for those unexpected costs.
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Which of these statements is true about the drug utilization management (UM) rules?
Answers
Answer: Prior authorization quantity limit and step therapy are some examples of the coverage rules
Explanation:
The statement 'prior authorization, quantity limit, and step therapy are some examples of the coverage rules" is true. Drug utilization management (DUR) is a set of methods used to ensure the appropriate use of medications.
These methods can include prior authorization, quantity limits, and step therapy.
Prior authorization is a process where a health plan requires the prescriber to obtain approval from the plan before a medication can be dispensed. This is typically used for high-cost or high-risk medications.
Quantity limits are restrictions on the amount of medication that a patient can receive in a given period of time. This is typically used to prevent patients from stockpiling medications or using them for purposes other than what they are intended for.
Step therapy is a process where a patient must try one or more less expensive or less invasive treatments before they can be prescribed a more expensive or more invasive treatment. This is typically used to ensure that patients are only using the most appropriate treatment for their condition.
The UN does not have specific rules on DUR, but many countries have their own regulations. These regulations are designed to ensure that patients have access to safe and effective medications, while also preventing the misuse of medications.
Therefore, the given statement is true.
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Your question is incomplete, most probably the complete question is :
The statement is about the drug utilization management UN rules. true or false?
prior authorization quantity limit and step therapy are some examples of the coverage rules
James received a raise after his first year on the job to $43,800 from his initial salary of $42,000. Inflation averaged 2.8% for that first year. In real terms (i.e., adjusted for inflation), what was his real raise stated as a percentage?
The calculation for percentage change of personal income is:
Group of answer choices
4.29%
2.29%
5.29%
1.29%
Answers
The calculation for percentage change of personal income is A. 4.29%. that is, the real raise of salary in percentage is 4.29%.
What is inflation?The overall rise in prices of goods and services over time in an economy is referred to as inflation. When inflation occurs, people may purchase fewer products and services with the same amount of money because the purchasing power of a unit of currency declines.
How do you determine it?James's initial income of $42,000 must be adjusted for inflation before being compared to his current compensation of $43,800 in order to determine his actual raise. The inflation rate was 2.8%.
Raise in salary = 43800 - 42000 = $1800
Therefore, real raise of salary in percentage is:
= Raise in salary/ initial salary x 100%
= 1800/42000 x 100%
= 4.285% = 4.29%
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Amber’s starting salary for her new job will be $35,500 a year. How much will she pay to the Social Security system for her first year assuming total FICA withholdings of 7.65%?
Answers
Answer:
I dont know the answer but I want whatever job she has
Prepare journal entries to record the following merchandising transactions of Lowe's, which uses the perpetual inventory system and
the gross method.
August 1 Purchased merchandise from Aron Company for $8,000 under credit terms of 1/10, n/30, FOB destination, invoice dated
August 1.
August 5 Sold merchandise to Baird Corporation for $5,600 under credit terms of 2/10, n/60, FOB destination, invoice dated August
5. The merchandise had cost $4,000.
August 8 Purchased merchandise from Waters Corporation for $7,000 under credit terms of 1/10, n/45, FOB shipping point, invoice
dated August 8.
August 9 Paid $190 cash for shipping charges related to the August 5 sale to Baird Corporation.
August 10 Baird returned merchandise from the August 5 sale that had cost Lowe's $500 and was sold for $1,000. The merchandise was
restored to inventory.
August 12 After negotiations with Waters Corporation concerning problems with the purchases on August 8, Lowe's received a price
reduction from Waters of $700 off the $7,000 of goods purchased. Lowe's debited accounts payable for $700.
August 14
At Aron's request, Lowe's paid $160 cash for freight charges on the August 1 purchase, reducing the amount owed (accounts
payable) to Aron.
August 15 Received balance due from Baird Corporation for the August 5 sale less the return on August 10.
August 18 Paid the amount due Waters Corporation for the August 8 purchase less the price allowance from August 12.
August 19
Sold merchandise to Tux Company for $4,800 under credit terms of n/10, FOB shipping point, invoice dated August 19. The
merchandise had cost $2,400.
August 22
Tux requested a price reduction on the August 19 sale because the merchandise did not meet specifications. Lowe's gave a
price reduction (allowance) of $800 to Tux and credited Tux's accounts receivable for that amount.
August 29 Received Tux's cash payment for the amount due from the August 19 sale less the price allowance from August 22.
August 30 Paid Aron Company the amount due from the August 1 purchase.
Answers
Based on the given merchandising transactions, a journal entry has been prepared below:
Journal EntriesNo Date General Journal Debit Credit
1 Aug 01 Merchandise inventory $6,000
Accounts payable-Aron $6,000
2 Aug 05 Accounts receivable-Baird $4,200
Sales $4,200
3 Aug 05 Cost of goods sold $3,000
Merchandise inventory $3,000
4 Aug 08 Merchandise inventory $5,000
Accounts payable-Waters $5,000
5 Aug 09 Delivery expense $200
Cash $200
6 Aug 10 Sales return and allowances $1,000
Accounts receivable-Baird $1,000
7 Aug 10 Merchandise inventory $500
Cost of goods sold $500
8 Aug 12 Accounts payable-Waters $500
Merchandise inventory $500
9 Aug 14 Accounts payable-Aron $190
Cash $190
10 Aug 15 Cash ($3,200 - $3,136) $3,136
Sales discounts ($3,200 x 2%) $64
Accounts receivable-Baird ($4,200 - $1,000) $3,200
11 Aug 18 Accounts payable-Waters ($5,000 - $500) $4,500
Merchandise inventory ($4,500 x 1%) $45
Cash ($4,500 - $4,455) $4,455
12 Aug 19 Accounts receivable-Tux $3,600
Sales $3,600
13 Aug 19 Cost of goods sold $1,800
Merchandise inventory $1,800
14 Aug 22 Sales return and allowances $600
Accounts receivable-Tux $600
15 Aug 29 Cash ($3,600 - $600) $3,000
Accounts receivable-Tux $3,000
16 Aug 30 Accounts payable-Aron ($6,000 - $190) $5,810
Cash $5,810
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Miller Park Stadium Project Case Study
Answers
Answer:
what about it lol there's no question
How will I apply my management skills in my future career
Answers
Management skills in your future career Effective communication, Leadership skills, Planning and prioritizing, and Problem-solving skills.
Management skills are critical in any profession. These abilities assist you in maintaining control of the operation and ensure that all personnel are performing at their best. Having efficient management skills is essential for a successful career.
Here are some ways that you can use management skills in your future career:
Effective communication: Effective communication is one of the most important abilities in management. This entails not only conveying your point of view to others but also actively listening to other's viewpoints. In your future job, you will need to interact with a variety of individuals from different backgrounds and cultures, and your communication skills will assist you in effectively conveying the message.
Leadership skills: Leadership is an essential element of management. You must possess the necessary abilities to lead your team and effectively manage them. When you lead by example, your team will be motivated to perform at their best and follow your lead.
Planning and prioritizing: Tasks and workloads are critical components of any profession. You must organize, prioritize, and manage your work effectively to be successful in your future career. Planning your work will ensure that you meet deadlines and deliver high-quality work. These skills will help you manage your time effectively and handle any challenges that may arise.
Problem-solving skills: Management skills can be effectively employed to solve problems that arise in your profession. These abilities can assist you in resolving any conflicts and making difficult decisions. You must have the ability to assess the situation and find a solution that works for everyone involved. These abilities will assist you in being successful in your future career.
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how do u get arrested
Answers
Answer:
breaking the laws that's one way to get arrested, if that's what you are asking lol
Answer:
Basically anything that interferes with the law or disturbs peace
Explanation:
1)hurt someone.
2)Spray paint.
3)Punch someone.
4)Fight with officer.
5)Get out of control at school.
6)Get in a fight.
7)Steal a car.
8)Sell drugs.
9)Hit a police car and drive off.
10)Threaten to hurt yourself.
etc
Which action would a government most likely take to reduce its
unemployment rate?
A. Increase spending to create government jobs
B. Cut off loans to businesses in order to reduce the money supply
C. Increase taxes on businesses that operate outside the country
D. Cut taxes on businesses that operate with very few workers
Answers
Option (a), The action that a government would most likely take to lower its unemployment rate is to increase expenditure to generate government jobs.
What would happen to the unemployment rate if government spending increased?Fiscal policy may lower unemployment by accelerating economic growth and total demand. The government will need to implement a broad budgetary policy, which calls for decreasing taxes and increasing general government spending.
Which government initiative has the most chance of reducing cyclical unemployment?To lower cyclical unemployment, policymakers should focus on raising output, which is best achieved by increasing demand. A fiscal strategy that is more expansive aims to increase government spending and decrease taxes in order to increase aggregate demand and economic growth.
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How can a computer system make documenting orders more efficient?
A. By automatically checking customers' credit
B. By accepting orders at the company's website
C. By automatically generating shipping forms
D. By keying orders into a computer
Answers
by automatically generating shipping forms
Answer:
by automatically generating shipping forms
Explanation:
Having the skill to coordinate different people and different tasks to work towards one goal is necessary for which of the following positions?
A: Secretary
B: Engineer
C: Manager
Answers
Answer:
C. Manager
Explanation:
The job of a manager is to organize all the units in the business for proper functioning
Today is Jerry's first day at his new job as a cashier at the local grocery store. When he arrives in the morning one of his new colleagues explains that Jerry will spend some time watching his colleague use the cash register while the colleague explains what he is doing. Then, after break time, it will be Jerry's turn to start acting as cashier, with his colleague right next to him to show him how to use the machine properly and conduct transactions with customers. Once he feels confident and learns this new skill, Jerry will be able to operate the cash register on his own. This is an example of:
Answers
Since today is Jerry's first day as a cashier at the grocery store and he is spending some hours observing another colleague, the use of the cash register, Jerry is receiving an example of on-the-job training.
An on-the-job training exposes the recruit to the tools, processes, and environment of the job.
An on-the-job training involves initial observation of another colleague doing the job, receiving instructions from supervisors, and practical experience.Observation helps the recruit to see how the job is done and to ask questions for clarifications. Instructions are given so that the recruit understands the entity's practices and procedures. The hands-on experience enables the recruit to start doing the tasks involved in the job.
Thus, on-the-job training is an aspect of Human Resources Management that helps Jerry to acquire competences and skills to carry out the cashier job at the grocery store.
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Outline and describe the different forms of Communication and further explain how they are important in an organization. Provide practical example to support your discussion.
Answers
La comunicación desempeña un papel fundamental en el funcionamiento de una organización, ya que permite la transmisión de información, ideas, instrucciones y retroalimentación entre los miembros del equipo. Existen varias formas de comunicación que se utilizan en un entorno organizacional. A continuación, describiré algunas de las formas más comunes:
Comunicación verbal: Es el uso de palabras habladas para transmitir información. Puede ser en forma de reuniones, conversaciones cara a cara, llamadas telefónicas o videoconferencias. La comunicación verbal es rápida y permite una interacción directa entre las personas, lo que facilita la clarificación de dudas y la resolución de problemas en tiempo real. Por ejemplo, durante una reunión de equipo, los miembros pueden discutir ideas, compartir actualizaciones y tomar decisiones conjuntas.
Comunicación escrita: Implica el uso de palabras escritas para transmitir información. Esto incluye correos electrónicos, mensajes de texto, informes, memorandos y documentos formales. La comunicación escrita es útil cuando se requiere un registro permanente de la información y proporciona la oportunidad de revisar y editar antes de enviar el mensaje. Por ejemplo, un gerente puede enviar un correo electrónico detallando las metas y objetivos del proyecto a su equipo para asegurarse de que todos estén al tanto de las expectativas.
Comunicación no verbal: Se refiere a la transmisión de información sin el uso de palabras. Incluye gestos, expresiones faciales, lenguaje corporal y tono de voz. A menudo, la comunicación no verbal puede transmitir emociones y actitudes que pueden complementar o contradecir el mensaje verbal. Por ejemplo, durante una presentación, el lenguaje corporal de un orador puede transmitir confianza y entusiasmo, lo que refuerza su mensaje.
Comunicación formal: Se lleva a cabo a través de canales oficiales y estructurados dentro de la organización. Esto incluye comunicaciones descendentes, como anuncios y políticas de la gerencia hacia los empleados, así como comunicaciones ascendentes, como informes de estado y retroalimentación de los empleados hacia los superiores. La comunicación formal es importante para establecer líneas claras de autoridad y responsabilidad, así como para garantizar la coherencia en la información transmitida.
Comunicación informal: Se produce a través de interacciones sociales no estructuradas entre los miembros de la organización. Esto puede incluir conversaciones informales en el lugar de trabajo, interacciones en las pausas para el café o discusiones en grupos de chat en línea. La comunicación informal es valiosa para fomentar la camaradería, construir relaciones y facilitar el intercambio de ideas no convencionales. Por ejemplo, en un entorno de trabajo abierto, los empleados pueden compartir ideas innovadoras durante una conversación informal en la sala de descanso.
La importancia de estas formas de comunicación en una organización radica en que permiten la colaboración efectiva, la toma de decisiones informada, la resolución de problemas, la coordinación de tareas y la creación de un ambiente de trabajo positivo. Una comunicación clara y efectiva evita malentendidos, reduce los errores, mejora la productividad y fortalece la cohesión del equipo.
Un ejemplo práctico podría ser una empresa de desarrollo de software. En este caso, la comunicación verbal sería esencial para que los miembros del equipo discutan los requisitos del proyecto, compartan actualizaciones diarias y resuelvan problemas en las reuniones diarias de puesta al día (stand-up meetings). La comunicación escrita sería crucial para documentar los requisitos, especificaciones técnicas y cronogramas del proyecto, así como para enviar correos electrónicos y mensajes de chat con actualizaciones y solicitudes de retroalimentación. La comunicación no verbal también tendría un papel importante, ya que el lenguaje corporal y las expresiones faciales en las reuniones ayudarían a transmitir confianza y apoyo entre los miembros del equipo. En cuanto a la comunicación formal, se utilizarían informes de estado y presentaciones formales para mantener a la alta dirección informada sobre el progreso del proyecto. Por último, la comunicación informal se daría en momentos de descanso, donde los empleados podrían discutir ideas, plantear desafíos y fomentar la creatividad en un ambiente más relajado
Answer:
There are several different forms of communication that are important in an organization. These include:
1. Verbal communication: This is the use of spoken words to convey a message. Verbal communication is important in an organization because it allows employees to communicate with each other and with customers. For example, a salesperson might use verbal communication to explain the features of a product to a customer. Another example is a team meeting where employees discuss project updates and share ideas.
2. Nonverbal communication: This is the use of body language, gestures, and facial expressions to convey a message. Nonverbal communication is important in an organization because it can convey emotions, attitudes, and intentions. For example, a manager might use nonverbal communication to show approval or disapproval of an employee's performance. Another example is a job interview where the interviewer might use nonverbal communication to assess the candidate's confidence and professionalism.
3. Written communication: This is the use of written words to convey a message. Written communication is important in an organization because it provides a permanent record of communication. For example, an email can be used to communicate project updates, deadlines, and other important information. Another example is a report that summarizes the results of a project.
4. Visual communication: This is the use of images, graphs, and other visual aids to convey a message. Visual communication is important in an organization because it can help to simplify complex information and make it easier to understand. For example, a chart can be used to show sales trends over time. Another example is a video that demonstrates how to use a product.
All of these forms of communication are important in an organization because they allow employees to share information, ideas, and feedback. Effective communication can also help to build trust and relationships between employees, customers, and partners. For example, if a customer has a positive experience with a salesperson, they are more likely to return to the organization in the future.
A practical example of the importance of communication in an organization is a team project. Effective communication is essential for the success of the project. Team members need to be able to communicate their ideas, concerns, and progress to each other in order to stay on track and meet deadlines. This might involve verbal communication in team meetings, written communication in project reports, and visual communication in presentations. Without effective communication, the project is likely to fail.
what are the important seo features ?
Answers
The important seo features are Keyword Research, On-Page Optimization, High-Quality and Engaging Content, Link Building, Mobile-Friendly Design, Site Speed and Performance and User Experience (UX).
While SEO is a complex and multifaceted field, there are several important features that contribute to an effective SEO strategy. Let's explore some of these features:
Keyword Research: Keyword research involves identifying the specific search terms and phrases that users are likely to use when searching for information related to your website's content. On-Page Optimization: On-page optimization refers to optimizing individual web pages to make them more search engine-friendly. This includes optimizing title tags, meta descriptions, headers, URLs, and incorporating relevant keywords naturally within the content. High-Quality and Engaging Content: Creating high-quality, informative, and engaging content is crucial for SEO. Search engines prioritize content that provides value to users.Link Building: Link building involves acquiring high-quality backlinks from other reputable websites. Backlinks act as "votes of confidence" for your website, indicating to search engines that your content is trustworthy and authoritative. Mobile-Friendly Design: With the increasing use of mobile devices for internet browsing, having a mobile-friendly website is essential. Site Speed and Performance: Website speed and performance play a vital role in SEO. Search engines prioritize delivering fast and efficient user experiences.User Experience (UX): Providing a positive user experience is critical for SEO success. Factors such as easy navigation, clear site structure, intuitive design, readable fonts, and engaging multimedia elements contribute to a better user experience.For such more question on Research:
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Craig values coruage. Being blank and blank are important to him
Answers
Craig values courage. Being brave and honest are important to him.
What values will a courageous person have?A person who is courageous is able to face very frightening events and occurrences with little fear and even if they had fear, they would still face the situation. This is because courageous people are brave in their conduct and manner of behavior.
Being honest is also important to courage people because it can sometimes be very difficult to be honest with the people around you. This therefore means that with Craig valuing courage, honesty and bravery are important to him as well.
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One way to get people to pay attention to your presentation is to give them candy for answering questions about it. Please select the best answer from the choices provided T F
Answers
False.
Explanation:
While providing incentives like candy can potentially attract attention and engagement, it is important to consider the context and purpose of the presentation. Relying solely on extrinsic rewards like candy may undermine the goal of fostering genuine interest, understanding, and active participation from the audience. It is generally more effective to focus on creating compelling content, interactive activities, and clear communication to engage the audience.
Answer:
False
Explanation:
They will get distracted by the candy so it is false because they may not focus on what your presentation is saying.
What is something I can create or invent that hasn't been invented yet, that could make me a millionaire?
Answers
Explanation:
The products and services offered today through economic systems exist to satisfy human needs. The higher the level of satisfaction of needs met, the greater the positioning of a product or service that can make an individual millionaire.
To create or invent something that does not yet exist and be extremely profitable, it is necessary to think about human priorities, such as health and technology. An invention that could be successful would be the development of a cure for diseases such as drugs that destroy cancer cells and create other healthy cells without side effects to humans, or in the current world context, an inexpensive and easily developed anti-coronavirus drug.
***ECONOMICS***Income tax is money that has to be paid to the government based on:
A. the amount of money a person earns.
B. the value of a person's home or land.
C. the cost of a product being purchased.
D. the number of cars a person owns.
Answers
Answer:
A: The amount of money a person earns
Explanation:
A-pex
Income tax is one of the most common types of taxes levied by governments around the world. It is usually calculated as a percentage of a person's taxable income, which is the amount of money that a person earns after certain deductions and exemptions have been taken into account.
On what factors does the specific rates depend upon ?The specific tax rates and income brackets vary depending on the country and the tax system in place. Some countries have a progressive income tax system, where the tax rate increases as income increases. Other countries have a flat tax system, where everyone pays the same tax rate regardless of their income.
In many countries, income tax is used to fund public services and programs, such as education, healthcare, infrastructure, and social welfare programs. The revenue generated from income tax is typically the largest source of government revenue in many countries.
In addition to federal or national income tax, many countries also have state or provincial income tax systems that levy additional taxes on top of the federal income tax. Some countries also have various tax credits, exemptions, and deductions that can reduce a person's taxable income and lower their overall tax burden.
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In a periodic inventory system, the entry at the time of a sale to record the cost of inventory sold includes a:
Answers
Answer:
Debit : Cost of Sales and Credit : Inventory
Explanation:
The periodic method recalculates the value of goods held after each and every transaction made involving inventories.
Inventory records are updated electronically to record the sale by reducing the inventory balance (a credit entry) and increasing the cost of sale (debit entry)
g FisherCo is intending to invest in a new project. The ________ is the minimum rate of return the firm will accept on this project.
Answers
FisherCo is intending to invest in a new project. The hurdle rate is the minimum rate of return the firm will accept on this project.
The hurdle rate is the minimum rate of return a project must have in order for a project to be accepted. It can also be referred to as the discount rate or the required rate of return or the cost of capital.
When the hurdle rate is greater than the internal rate of return of a project, the project would be rejected. If the hurdle rate is less than the internal rate of return of a project, the project would be accepted.
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Since indirect cost cannot be conveniently or economically traced directly to a cost pool or cost object, the management accountant will:
Answers
Since the indirect cost cannot be conveniently or economically traced directly to a cost pool or cost object, the management accountant will assign them by means of cost allocation.
What is the indirect cost?The cost that is not directly related to the manufacturing process but plays a significant role in business is referred to as an indirect cost. It includes rent, salaries, office expenses, administration expenses, stationery, and so on.
The distribution of a single expense among numerous organizations, departments, or cost centers is known as cost allocation. It facilitates decision-making, waste reduction, and product pricing for businesses.
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critcism of modern management theory
Answers
Critics argue modern management theory is rigid, short-sighted, lacks inclusivity, and limits employee empowerment and engagement.
Modern management theory has received its fair share of criticism. One critique is its overemphasis on rigid hierarchical structures, which can stifle creativity and hinder employee autonomy. Another criticism is the focus on short-term financial gains, often at the expense of long-term sustainability and employee well-being. Critics argue that this approach neglects the importance of social and environmental factors in organizational success. Additionally, modern management theory is often criticized for its lack of inclusivity and failure to address issues of diversity and equity. Furthermore, some argue that the reliance on top-down decision-making and command-and-control structures limits employee engagement and empowerment. These criticisms highlight the need for a more flexible, holistic, and human-centered approach to management that takes into account the complex dynamics of organizations and their impact on individuals and society.For more such questions on Modern management theory:
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Subtracting a decrease in Unearned Revenue from net income eliminates the effect of recording revenue that:
decreased net income and decreased cash flow this period
increased net income and increased cash flow this period
increased net income, but did not impact cash this period
decreased net income, but did not impact cash this period
Answers
Subtracting a decrease in Unearned Revenue from net income eliminates the effect of recording revenue that: decreased net income and decreased cash flow this period
Unearned revenue is money received from an individual or business for a service or product that has not yet been provided or delivered. It is a "prepayment" for services or products that an individual or company is expected to provide to the buyer at a later date. As a result of this prepayment, the seller owes the revenue earned until the good or service is delivered. This liability is classified as current because it is anticipated to be resolved within a year. Deferred revenue and advance payments are other terms for unearned revenue.
When unearned revenue is received, it is included in the cash flow statement and is recorded as a liability on the balance sheet. It is then included in the income statement after the service is performed in exchange for payment.
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Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?
Answers
Managers want larger budgets; entrepreneurs work to do more with less.
How do entrepreneurs approach resources differently from employee-managers?Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.
This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.
Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.
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Apple's market entry strategy within India involves the use of franchised licensees to run its stores. Which of the following are considered
general advantages of franchising as a market entry strategy?
Multiple Choice
Answers
Franchisees share in the risk of the franchise system's growth. A franchising business may see a larger return on its investment. All choices are advantages of franchising.
What method of market access does Apple employ?In order to attract potential clients and strengthen their market position at the same time, Apple Inc. employs differentiation strategy to join a market by incorporating distinctive features and design into the creation of their product.
What is a market entry strategy for franchises?A semi-independent business owner (the franchisee) pays fees and royalties to the franchiser in order to use a company's brand and promote its goods or services abroad. This method is known as franchising. Depending on the deal, a franchise package's terms and conditions change.
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The complete question is below:-
Apple's market entry strategy within India involves the use of franchised licensees to run its stores. Which of the following are considered general advantages of franchising as a market entry strategy? Multiple Choice
a) Ability to exert greater control over how the business is operated abroad
b) Low capital investments
c) Rapid expansion opportunities
d) Local market expertise of franchisees
Surses / I-TVET / Diploma / Year One(1) DMAF.121 March - June 202 Cerea
The stockholders' equity of a company is the difference between assets and liabilities
O a. True
O b. False
Answers
Answer:
a. True
Explanation:
As we know that
Accounting equation shows that
Total assets = total liabilities + stockholder equity
if we need to find out the stockholder equity so it should be
= total assets - total liabilities
That means it shows the difference between the assets and liabilities
Therefore the given statement is true
100 pts
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.
Corn
Diamonds
United States
60
10
Congo
20
5
Which statement is true based on the data table?
The United States should specialize in diamonds and trade for corn.
The United States should specialize in corn and trade for diamonds.
Congo should specialize in corn and trade for diamonds.
Congo should specialize in both corn and in diamonds.
Answers
Answer:
In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.
What is the open-door cost of delivering corn?
The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.
This can be found as:
= Units of jewels/Units of corn
= 10/60 jewels
All in all, choice B is right.
Answer:
B) The United States should specialize in corn and trade for diamonds.
Explanation:
I got it right on the test
Catherine Jones has determined the following information about her own financial situation. Her checking account is worth $800 and her savings account is worth $1,500. She owns her own home that has a market value of $103,000. She has furniture and appliances worth $10,500 and a home computer and laptop worth $3,100. She has a car worth $14,000. She has recently purchased an annuity worth $5,400 and she has a retirement account worth $44,000. What is the value of her liquid assets
Answers
Answer:
$2,300
Explanation:
Calculation for the value of her liquid assets
Using this formula
Value of her liquid assets=Checking account worth+Savings account worth
Let plug in the formula
Value of her liquid assets=$800 + $1,500
Value of her liquid assets=$2,300
Therefore Value of her liquid assets will be $2,300
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Answers
Explanation:
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