The amount of differential cost increase or decrease from making the part rather than purchasing it would be -$30,000.
We do not anticipate any additional fixed costs to be incurred as Piper Corp is already operating at 70% capacity, thus we can produce the unit in-house without any increases to the existing costs.
Differential cost = Unit cost for purchase - Unit cost for manufacturing
Differential cost = $24 - $26 = -$2
Amount of differential cost increase or decrease = 15,000 units x -$2
Amount of differential cost increase or decrease = -$30,000
Therefore, the amount of differential cost increase or decrease from making the part rather than purchasing it would be -$30,000.
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The complete question is here:
Piper Corp. is operating at 70% of capacity and is currently purchasing a part used in its manufacturing operations for $24 per unit. The unit cost for the business to make the part is $36, including fixed costs, and $26, not including fixed costs. If 15,000 units of the part are normally purchased during the year but could be manufactured using unused capacity, what would be the amount of differential cost increase or decrease from making the part rather than purchasing it?
What was the overall response to Cornett’s plan to put his city on a diet, both locally and nationwide? What were some things that occurred as a result of the coverage and his website.
Mayor Cornett's initiative was well received nationally and locally because he cared for the public health of citizens in an innovative way.
Who is Michael Cornett?Michael Cornett (1958) is an American politician who served as the mayor of Oklahoma City between 2005 and 2018.
During his tenure, he had an innovative and unconventional initiative that he called This City Is Going On A Diet with which he sought to establish guidelines for good nutrition and a healthy lifestyle to reduce obesity rates in the city.
In general, this initiative was well received by the inhabitants of the city who joined efforts to lose weight. Additionally, this had a positive impact at the national level since the president's wife extolled her positive work for the health of citizens.
In this program, he founded a help website for people who were interested in getting professional weight loss support. There they found healthy food options, tips and other pertinent information to help them lose weight.
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4. The narrator claims that economists today are more often seen as “fortune tellers” or “stockbrokers.” How did Adam Smith see himself by contrast? Do you think this characterization of economists today is correct? Why or why not?
According to analysts, was the now are more economist commonly perceived as "fortune-tellers" or "stockbrokers." are the dependent on the differences in the approaches are the utilized.
What is economists?The term economist was the refers to give the theory was the economy was on the different in the scientist. There was the different in the theory and the definition.
A economist is a person or company who trades stocks on the stock conversation. For trading stocks, clients seek guidance from stockbrokers, who charge a broker fee; online brokers typically charge less than button-down brokers.
As a result, the analysts, was the now are more commonly perceived as "fortune-tellers" or "stockbrokers." are the economist dependent on the differences in the approaches are the utilized.
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WBS for the knowledge area of Human/Resource Management for a low-cost housing project
Here's an example of a WBS for the knowledge area of Human/Resource Management for a low-cost housing project:
The wbs for a knowledge area of Human/Resource Management for a low-cost housing projectHuman/Resource Management
1.1 Staffing Plan
1.1.1 Define project roles and responsibilities
1.1.2 Identify required staffing resources
1.1.3 Determine the project team structure
1.1.4 Develop a staffing plan and budget
1.2 Recruitment and Selection
1.2.1 Create job descriptions and specifications
1.2.2 Advertise and promote job openings
1.2.3 Review resumes and conduct initial screenings
1.2.4 Conduct interviews and select candidates
1.2.5 Perform background checks and reference checks
1.2.6 Extend job offers and negotiate terms
1.3 Training and Development
1.3.1 Assess training needs for project team members
1.3.2 Develop a training plan and schedule
1.3.3 Conduct training sessions and workshops
1.3.4 Provide on-the-job training and mentoring
1.3.5 Evaluate training effectiveness and adjust as needed
1.4 Performance Management
1.4.1 Set performance expectations and goals
1.4.2 Monitor and assess individual and team performance
1.4.3 Provide feedback and coaching to improve performance
1.4.4 Conduct performance appraisals and evaluations
1.4.5 Identify and address performance issues or conflicts
1.5 Resource Allocation
1.5.1 Identify project resource requirements
1.5.2 Allocate resources based on project needs
1.5.3 Monitor resource utilization and availability
1.5.4 Optimize resource allocation to meet project objectives
1.6 Stakeholder Management
1.6.1 Identify project stakeholders and their interests
1.6.2 Develop a stakeholder engagement plan
1.6.3 Communicate and manage stakeholder expectations
1.6.4 Address stakeholder concerns and resolve conflicts
1.6.5 Maintain positive relationships with stakeholders
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design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
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Why is participation such a key element of marketing? Give three examples of how a dry-cleaning business can create opportunities for participation.
Customers who require clean, well-pressed garments for work or a particular occasion or who have a tight schedule and need them catered to can go to a dry cleaner.
What do you mean by customers?
A person or firm that purchases goods or services from another company is known as a customer. Consumers are crucial because they provide revenue; without them, firms would cease to exist. You can divide up your clientele into several groups using demographic, psychographic, technological, behavioral, needs-based, and value-based models. To categorize clients into several categories that share characteristics, these models can be employed separately or in combination. A client is a company that buys textiles to produce clothes it will resale. To assemble an automobile, a manufacturing business purchases the components. A customer is the manufacturer.
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The plant and production benchmark data on p.6 of each issue of the Footwear Industry Report
A. Provide valuable feedback to company managers regarding whether the prices being charged for the company's branded footwear are too hight or too low.
B. are especially helpful to company managers in determining whether their company is overspending on advertising.
C. are primarily useful to managers in determining whether their company's total manufacturing costs are low enough to enable the company to meet or beat the EPS targets established by investors.
Answer:
A. Provide valuable feedback to company managers regarding whether the prices being charged for the company's branded footwear are too hight or too low.
Explanation:
Benchmarking is used by companies to compare products, processes, and prices with others in the industry. This ensures that the company maintains competitive edge that is on par with others in the industry.
In the given scenario benchmarking will help a company know if the price they are charging for their footwear is high or low compared to other companies offering similar services.
In a competitive market if the price offered by one supplier is high compared to others they will move to a cheaper supplier. So it is important to maintain a price that will attract customers
Reports are aimed at helping decision-makers to find out if their policies are right or not. The plant and production benchmark data on p.6 of each issue of the Footwear Industry Report;
A. Provide valuable feedback to company managers regarding whether the prices being charged for the company's branded footwear are too high or too low.On page 6 of the Footwear Industry Report, we see a table that shows us the price range and daily units of production of footwear.
The number of exports is also recorded. With this, managers can determine whether the prices are high or low based on exports.
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What is a main feature of the CERT program ?
A company’s year end unadjusted trial balance shows account receivable of 103,000 allowance for doubtful accounts of $640(credit) and sales of $320000. Uncollectibles are estimated to be 1.50% of accounts receivable.
Prepare the December 31 year end adjusting entry for uncollectible
What amount would have been used in the year end adjusting entry if the allowance account had a year end unadjusted debit balance of 500?
$905 is the amount of the journal entry.
year-end adjusting entry will have the amount of $2045
What is a trial balance?Business uses a trial balance, which is a summary of credit and debit values, to internally evaluate their dual bookkeeping.
The journal entry will be written as
Bad best account debited by 905
Allowance for doubtful debts will be also credited by 905.
The amount is calculated as
= 103000 * 1.50% - 640
= 4905
The amount which will be used at the end to create an adjusted account balance will be with respect to the 2045 amount. The journal entry will be
Bad debt expenses account debited to 2045
to the allowance for doubtful debt credited to 2045
The amount is calculated as
= 103000 * 1.505 + 500
= 2045
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Warner Company's year-end unadjusted trial balance shows accounts receivable of $103,000, allowance for doubtful accounts of $640 (credit), and sales of $320,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles View transaction list Journal entry worksheet Record the estimate of uncollectibles. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $500? Amount used in the year and adjusting entry
Warner Company's year-end unadjusted trial balance shows accounts receivable of $103,000, allowance for doubtful accounts of $640 (credit), and sales of $320,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles View transaction list Journal entry worksheet Record the estimate of uncollectibles. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $500? Amount used in the year and adjusting entry
What can Lena do to avoid the risk of having short supplies in times of need?
Lena works in an artificial jewelry-manufacturing unit. It is a family run business, and they have been depending on a single supplier for years.
As Lena is a proactive person, she can avoid the risk of being in short supplies of raw material by keeping a _______ supplier for every one main supplier.
Answer:
Backup
Explanation:
Answer:
Backup
Explanation:
Correct on Plato
explain why you think you would prefer to rent or buy? When you think about being 22 years old, do you think your answer will be the same or different? Explain.
Answer:Being 22 I would not buy as i would trust my judgment skills on where the market is, and don't think I'd have an extra $300k sitting around to buy a house. So rent is the large solution for that. I will have my house provided by the Gov. (joining the marines)
Explanation:
Constructing professional memo please help!!!!!! Quickly!!!!!
Memos are known for being succinct, direct, and simple to read. Despite being less official than letters, they nonetheless need to be written in a formal, concise manner.
A receipt or a cash memo?It provides information on the goods, including rate, amount, and number. Typically, they are printed and serially numbered. It is made in two copies. Since it differs from a receipt, cash memos do not need to be stamped.
What does memo in banking mean?In a bank memo, the routing information and bank account details associated with a company's business account are listed. It is normally written on bank letterhead and either a banker's signature or a teller's stamp is used.
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QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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satasota corp purchased a delivery can eith 560000 list price. the company was given a 6800 cash discount by the dealer and paid 3500 slaes taz
$52700 will Sarasota Corp, increase its van account.
What Exactly Is a Cash Discount?
A cash discount is an incentive offered by a seller to a buyer in exchange for paying a bill before the due date. In a cash discount, the seller generally reduces the amount owed by the buyer by a modest percentage or a fixed monetary amount. Cash discounts are deductions designed to encourage consumers to pay their bills on time.
Real, personal, and nominal accounts are the three categories of accounts in accounting. After that, real account is divided into two subcategories intangible real account and physical real account. There are also three categories of Personal accounts: Natural, Representative, and Artificial.
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Which of the following refers to a group of products offered by a firm that are physically similar or are intended for a similar market?
Product line refers to a group of products offered by a firm that are physically similar or are intended for a similar market.
The term "product line" refers to a group of related goods sold by the same company under the same brand name. In an effort to differentiate their various product lines from one another and make them easier for consumers to utilize, firm sell a variety of product lines under their various brand names.
Firms commonly expand their products by adding to existing product lines since customers are more likely to purchase goods from brands they are already familiar with. Product mix or product portfolio refers to the collection of a company's product lines. Except for loss leaders, it is advisable to discontinue product lines that are not profitable.
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[Total = 25marks]
QUESTION 2
a. Azon and Son Ltd acquired use of plant over three years by way of a lease. Installments of
GhC700,000, are paid six monthly in arrears on 30 June and 31 December. Delivery of the plant
was on 1 January 2010 so the first payments of GhC700,00 was on 30 June 2010. The present
value of minimum lease payments is GhC3,000,000, Interest implicit in the above is 10% per six
months. The plant would normally be expected to last three. Azon and Son is required to insure
the plant and cannot return it to the lessor without severe penalties.
Required
i. Describe whether the above lease should be classified as an operating or finance
1
A significant portion of the asset's economic life—three years—is covered by the lease period. The minimum lease payment present value is GhC3,000,000, which is essentially the entire leased asset's fair market value.
The equivalent of monthly rent, a lease payment is formally stipulated in a contract between two parties and gives one party the right to use the other party's real estate holdings, manufacturing equipment, computers, software, or other fixed assets for a predetermined period of time.
A lease payment will be shown as a right-of-use asset and lease liability on the balance sheet. The ROU asset is the ownership of the asset under the lease contract, whereas the lease liability period is the payment obligation during the course of the lease contract.
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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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Which of the following included the time period known as the Grand Period of Hotels? the eighteenth century there was no period called the Grand Period of Hotels the nineteenth century the twentieth century
the eighteenth century
there was no period called the Grand Period of Hotels
the nineteenth century
the twentieth century
Answer:
there was no period called the Grand Period of Hotels
Explanation:
Historically, there is no recorded time period that was known as the Grand Period of Hotels.
Some time periods in history include
1. Early civilization
2. Renaissance
3. Classical world, etc.
Answer:
the nineteenth century
Explanation:
just took it on edge
Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.
a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?
The following answers are based on a monopoly economy.
The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.What is a monopoly?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.
To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.
At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.
For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,
Total Cost = Equilibrium Output * ATC (Average Total Cost)
= 7.5 * 100
= $750
To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.
Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)
= $1000 - $ 750
= $250
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if average daily demand for an item is 15 units safety stock is 55 units and lead time is three days the rop will be
Answer:ROP= Reorder Point = 100
Explanation:
Reorder Point (ROP), also called reorder level, is the level of inventory which causes that the stock of a business is replenished. When a stock is being utilized and reaches a set amount by a firm, it holds that such item be reordered or replenished.
ROP= Reorder Point = (Average Daily Usage x Average Lead Time in Days) + Safety Stock
=(15 x 3) + 55 = 100
This means that when the inventory level of stock falls to 100, the commodity or item should be reordered.
Solve the newsvendor problem. Probability 0.24 0.08 0.21 0.16 0.08 0.23 Value 1 2 3 4 5 6 Purchase cost c = 12 Selling price p = 28 Salvage value v = 4 What is the optimal order quantity? Optimal order quantity
The optimal order quantity is 3.67, which should be rounded up to 4.
To solve the newsvendor problem, we need to find the optimal order quantity that maximizes the expected profit.
The expected profit can be calculated as follows
Expected Profit = (Revenue - Cost) × Probability
Revenue = min(Demand, Order Quantity) × Selling Price
Cost = Order Quantity × Purchase Cost - max(0, Order Quantity - Demand) × Salvage Value
where Demand is a random variable with the given probabilities and values.
To find the optimal order quantity, we need to find the value of Q that maximizes the expected profit. We can use calculus to find the maximum point of the profit function.
The profit function is given by
Profit = (min(Q, D) × p - Q × c - max(0, Q - D) × v) × P(D)
where P(D) is the probability of demand being equal to D.
Taking the derivative of the profit function with respect to Q, we get
dProfit/dQ = (p - c) × P(min(Q, D) = Q) - v × P(max(Q, D) = Q)
Setting the derivative to zero, we get
(p - c) × P(min(Q, D) = Q) - v × P(max(Q, D) = Q) = 0
Solving for Q, we get
Q* = min(D, Q*) + v / (p - c) × (P(max(Q*, D) = Q*) - P(min(Q*, D) = Q*))
Using the given values, we can calculate the optimal order quantity as follows
Q* = 3 + 4 / (28 - 12) × (0.16 - 0.24) = 3.67
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The City of Houghton enacted an ordinance that forbids religious groups from distributing religious materials within the city limits of Houghton unless the distributor is granted a permit. Other types of materials can be distributed without a permit. What concerns do you have about the constitutionality of this ordinance?
The concerns that have about the constitutionality of this ordinance are Freedom of Religion, Content-Based Restrictions, Prior Restraint, Equal Protection and Unfettered Discretion.
Here are a few major concerns:
Religious Freedom: The First Amendment to the United States Constitution provides religious freedom, which includes the right to practise and express one's religious views. Content-Based limitation: By treating religious materials differently from other types of materials, the ordinance appears to impose a content-based limitation on communication. Prior constraint: Requiring religious organisations to seek a licence before disseminating religious materials is a type of prior constraint on speech. Equal Protection: If the ordinance treats religious groups differently than other groups or items, it may raise questions regarding legal equality. Unrestricted Discretion: If local officials have unrestricted discretion in choosing who gets a permit, there is a possibility of viewpoint discrimination or bias.For such more question on Restrictions:
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Where do deleted files go?
into the My Computer folder
into the My Documents folder
into the Recycle Bin
into the system tray
Answer:
the correct answer is into the recycle bin
Explanation:
Answer:
b
Explanation:
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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List at least Two functional digital wallet
The chicken-or-egg problem was an example of a(n) Multiple Choice first-mover disadvantage. economy of scale. economy of scope. first mover advantage. threat of new entrants.
Answer:
threat of new entrant.
Explanation:
Chicken or egg problem in economics is referred to as attraction to buyers. This is strategy for market setup or entry in the new market which will increase the competition. Sellers try to drive attraction to its customers with new and unique features of the products.
For this question, refer to the Bank of Ghana’s Monetary Policy Committee Press
Release of November 2015.
a) Explain the difference between monetary loosening and monetary tightening.
According to the statement, the MPC increased the monetary policy rate by 100 basis
points. Does this constitute a monetary loosening or monetary tightening? Explain.
b) When deciding whether to tighten or loosen monetary policy, central banks weigh
the relative risks to price stability and growth. Mention two indicators that the MPC use
to gauge the risk to inflation and two indicators the MPC use to gauge the risk to
growth.
c) Based on the information in the Press Release, in the thinking of the MPC did the
risk to growth outweighed the risk to inflation or vice versa? Refer to specific points
from the press release to back up your argument.
d) Using the money market diagram studied in class, explain the effect of this policy
measure on the real interest rate.
e) In ordinary language, explain how the increase in the Monetary Policy Rate will help
the relative risk identified in part (c) above.
f) In April 2018, the Bank of Ghana introduced a new formula for calculating
benchmark lending rates by commercial banks, the Ghana Reference Rate (GRR). How
will the use of the GRR affect the transmission mechanism between the MPR and
lending rates of commercial banks? Explain with reference to the 100 basis points
increase in the attached press release.
= 0.4 ∗ + 0.2 ∗ +
1 − −
∗ 0.4
Where MPR is the monetary policy rate, IBR is the Interbank interest rate, T’bill rate
on the 91-day treasury bill, CRR is the cash reserve ratio and CIV is the cash in vault
ratio.
Fiscal policies operate by using levels of taxation and government expenditure to affect aggregate demand in the economy, as opposed to monetary policies, which utilize the money supply and interest rate to do so.
What do you mean by monetary policy?The term "monetary policy" refers to the measures taken by a nation's monetary authority, such as the US Central Bank, to manage the amount of money in the economy and further specific economic objectives.
Here, the given conditions are:
(a) Fiscal policies operate by using levels of taxation and government expenditure to affect aggregate demand in the economy, as opposed to monetary policies, which utilize the money supply and interest rate to do so.
(b) On the other side, a loose monetary policy boosts the economy's overall demand, which in turn raises inflation, real output, and employment. Tight policy "cools" down the economy while loose policy "heats" it up.
(c) These decreased finance costs make borrowing and investing easier when the Fed lowers interest rates. By reducing interest rates and so raising their purchasing power, this aids consumers in saving money. As a result, the economy's total demand rises, which helps to lower unemployment.
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What is the job outlook for a US postal worker?
The career is growing and will provide more opportunities over time.
The career is growing and will provide fewer opportunities over time,
O The career is shrinking and will provide more opportunities over time.
O The career is shrinking and will provide fewer opportunities over time.
Answer:
D: The career is shrinking and will provide fewer opportunities over time.
Explanation:
on edge2021! hope this helps!!~ (*~▽~)
The job outlook for a US postal worker is uncertain. While the postal service has been a long-standing and essential part of the United States infrastructure. Hence option D is correct
It has faced many challenges in recent years. The rise of digital communication and e-commerce has led to a decline in mail volume, and the postal worker has struggled to stay financially solvent. Additionally, there have been ongoing debates about the need for postal service , which could have a significant impact on the workforce.
That being said, the USPS still employs over 500,000 workers and is a vital part of many communities. While there may be some fluctuations in job availability,postal worker is unlikely that the career will disappear entirely postal service
As the postal service continues to adapt to changing technology and consumer needs, there may be opportunities for growth and innovation within the industry. Ultimately, the job outlook for a US postal worker will depend on a variety of factors and may vary from region to region.
Thus option D is correct .
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5. What are the effects of geography, time zones, work days, resources, and natural harbors on global business?
Geography plays a critical role in global business because it affects the location of resources and the ability to move goods and services.
Resources, such as oil and minerals, are located in specific regions, and businesses must determine whether it is economically feasible to transport these resources to other parts of the world.
The time zones have a significant impact on global business as the exchange of goods and services among countries is hindered when there are time zone variations.
Workdays play a vital role in global business. It’s necessary to determine if the customs and traditions of a country will impact business operations.
Natural harbors are significant for businesses that rely on shipping and transportation.
Transportation costs are higher when the distance between supplier and consumer is greater, which affects pricing and availability. Resources, such as oil and minerals, are located in specific regions, and businesses must determine whether it is economically feasible to transport these resources to other parts of the world.The time zones have a significant impact on global business as the exchange of goods and services among countries is hindered when there are time zone variations.
Due to time zone differences, many companies may be closed when it is necessary to make a call or arrange a meeting. Workdays play a vital role in global business. It’s necessary to determine if the customs and traditions of a country will impact business operations. This includes religious holidays, weekends, and other cultural events. Resources are another important factor in global business.
Businesses must assess the available resources in different countries to determine if there are sufficient resources to support their operations. This includes everything from human resources to natural resources.Finally, natural harbors are significant for businesses that rely on shipping and transportation. These businesses must determine whether the available ports in a country are suitable for their needs and whether the infrastructure is in place to support their operations.
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What is a green thumb?
An ability to care for animals
An ability to climb trees
An ability to care for plants
An interest in the environment
Please help
Answer:
It is the ability to care for plants.
Explanation:
To include the personal assets and transactions of a business owner in the records and report of the business would be in conflict with the?
Answer: Business entity assumption.
Explanation:
A Business entity assumption is to include the personal assets and transactions of a business's owner in the records and reports of the business would be in conflict with.