Answers
Planning can be characterized by c. Intellectual process.
Planning is a mental exercise that involves creative thinking, good judgment, and imagination, not guesswork. It is a process rather than behavior at a given time. The process determines the future course of action. Planning is a mental exercise that involves creative thinking, good judgment, and imagination. This is not mere conjecture, but circular thinking.
A manager can only prepare reasonable plans if he has good judgment, foresight, and imagination. Intellect is defined as someone or something that is rational rather than emotional. An intellectual example is consulting a financial advisor about debt credit.
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Related Questions
Discuss and highlight the main features of a Bill of Lading, types of Bill of Lading, and the purpose, usefulness and limitation of such bills in global trade and commerce.
Answers
A bill of lading (/ˈleɪdɪŋ/) (sometimes abbreviated as B/L or BOL) is a document issued by a carrier (or their agent) to acknowledge receipt of cargo for shipment. Although the term historically related only to carriage by sea, a bill of lading may today be used for any type of carriage of goods.[1] Bills of lading are one of three crucial documents used in international trade to ensure that exporters receive payment and importers receive the merchandise.[2] The other two documents are a policy of insurance and an invoice.[3] Whereas a bill of lading is negotiable, both a policy and an invoice are assignable. In international trade outside the United States, bills of lading are distinct from waybills in that the latter are not transferable and do not confer title. Nevertheless, the UK Carriage of Goods by Sea Act 1992 grants "all rights of suit under the contract of carriage" to the lawful holder of a bill of lading, or to the consignee under a sea waybill or a ship's delivery order.

Bill of lading
A bill of lading must be transferable,[4][5] and serves three main functions:
it is a conclusive receipt,[6] i.e. an acknowledgement that the goods have been loaded;[7] and
it contains or evidences[8] the terms of the contract of carriage; and
it serves as a document of title to the goods,[9] subject to the nemo dat rule.
Typical export transaction use Incoterms terms such as CIF, FOB or FAS, requiring the exporter/shipper to deliver the goods to the ship, whether onboard or alongside. Nevertheless, the loading itself will usually be done by the carrier himself or by a third party stevedore.
you are the manager of a firm that receives revenues of $60,000 per year from product X and $100,000 per year from product Y. The own price elasticity of demand for product X is −2, and the cross-price elasticity of demand between product Y and X is 1.5. How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
Answers
Firm's total revenues will change to $600 if you increase the price of good X by 2 percent
Price elasticity of demand = percentage change in quantity demanded / percentage change in price −2 = percentage change in quantity demanded / 2% percentage change in quantity demanded = --2 x 2% = -4% The quantity demanded of good X would fall by 4% Revenue would change by -0.04 x $60,000= -$2400 Cross price elasticity of demand measures the responsiveness of quantity demanded of good Y to changes in price of good X. 1.5 = percentage change in quantity demanded of good Y / 2% percentage change in quantity demanded of good Y = 1.5 x 2% = 3.0% The quantity demanded of good Y would increase by 3.0% Revenue would change by 0.030 x $100,000= $3000 Total change = -$2400+ $3000=$600
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You are a newspaper publisher. You are in the middle of a one-year factory rental contract that requires you to pay $500,000 per month, and you have contractual salary obligations of $1,000,000 per month that you can’t get out of. You also have a marginal printing cost of $0.35 per paper as well as a marginal delivery cost of $0.10 per paper. Instructions: Enter your answers rounded to two decimal places.
a. If sales fall by 20 percent from 1,000,000 newspapers per month to 800,000 newspapers per month, what happens to the AFC per newspaper?
AFC per newspaper rises from $____ to $_____.
b. What happens to the MC per newspaper?
MC per newspaper does not change
c. What happens to the minimum amount that you must charge to break even?
it rises from $____ to $_____.
Answers
a. The AFC increases from $1.50 to $1.88 after the decrease in sales.
b. The Marginal Costs (MC) do not change.
C. It rises. The company needed to charge $1.85 per paper
How does one arrive these answers?The analysis of the answers go thus:
a. The average fixed cost (AFC) was $1.50, which equate the total fixed cost ($1.5 million) divide it by number of papers sold (1 million). By extension,
= $1,500,000/1,000,000).
Assume sales fall by 20% to 800,000 papers sold, the new AFC is $1.88.
= the total fixed cost divided by the new number of papers sold, = $1,500,000/800,000).
Thus, the AFC increases from $1.50 to $1.88 after the decrease in sales.
b. The marginal printing and marginal delivery costs are alike; as a result, marginal costs remains same.
c. To break even before the decline in sales, the company needed to charge enough to cover the AFC, $1.50, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper. Thus, the company needed to charge $1.85 per paper. To break even after the decline in sales, the company needs to charge enough to cover the AFC, $1.88, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper (note this does not change because the cost is per paper). Thus, the company needs to charge $2.23 per paper.
Therefore, the correct answer is as given above.
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What is a strategy that requires a bureaucratic-type structure that provides high work specialization and tight controls?
Innovation strategy
Cost-minimization strategy
Imitation strategy
High volume customer strategy
Answers
The strategy that requires a bureaucratic-type structure with high work specialization and tight controls is the Cost-minimization strategy. Option B is the correct answer.
The cost-cutting strategy strives to save costs while increasing efficiency across the organization's operations. This technique is frequently linked with organisations that operate in mature industries with severe rivalry and limited profit margins.
Organisations can streamline operations, detect inefficiencies, and implement cost-cutting measures by combining a bureaucratic-type structure, high work specialisation, and strict controls.
By keeping costs as low as feasible while maintaining acceptable levels of quality and efficiency, this strategy strives to optimise resources, reduce waste, and boost profitability.
It is crucial to highlight that, while the cost-cutting strategy emphasises efficiency and cost reduction, it may not be the best strategy for all organisations or situations.
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Please help I have no clue how to do accounting
Answers
Answer:
the picture not working
Explanation:
Which one of these is the best way to prevent foreclosure?
1. Save at least 1% of your home's purchase price annually.
2. Refinance as soon as possible
3. Use a budget to live within your means and build savings
4. Never accept an adjustable-rate mortgage
Answers
Answer:
3. Use a budget to live within your means and build savings
This is always the best option to prevent financial problems like a foreclosure. Budgeting your expenses according to your income, and building savings should prevent any person from defaulting on his or her mortgage payments.
However, in less ideal situations, if a foreclosure can be reasonably projected in the future, the best option to prevent it is to 2. Refinance as soon as possible
In the early 1980's the Fed tightened monetary policy. Over the next few years
A. inflation fell but unemployment rose temporarily. B. inflation remained high and unemployment rose. C. inflation and unemployment fell. D. inflation and unemployment rose.
Answers
The Imf tightened its monetary policies during the beginning of the 1980s. The following several years saw rising unemployment and persistently high inflation.
What is unemployment?The OECD defines unemployment as individuals over a specific age who also are currently looking for work but are not engaged or self-employed. The unemployment level, which can be used to determine the degree of unemployment, is calculated using the number of unemployed people as a percent of the labor force. The phrase "unemployed" generally refers to somebody who is not working or otherwise earning a living. There are several various kinds of unemployment, including involuntary, cyclical, frictional, structural, and voluntary.
There are essentially two types of unemployment in India. There are 3 major types of unemployment in an economy: frictional, structural, cyclical, et seasonal. Each category has a unique reason.
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Difference between planning organising leading controlling
Answers
Explanation:
Planning and Decision Making: Determining Courses of Action,
Organizing: Coordinating Activities and Resources, Leading: Managing, Motivating and Directing People, Controlling: Monitoring and Evaluating activities.
Answer:
Planning is the process of setting goals and defining the actions required to achieve the goals.
Organizing means to arrange or order things so that they can be found or used easily and quickly
Leading means like a leader or coming or ranking first place
Someone who is “controlling” tries to control situations to an extent that is unhealthy or tries to control other people
Explanation:
Have great day :)
Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?
Answers
Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.
The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative. benefits foregone by using no longer choosing an alternative direction of motion.
Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.
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types of insurance policies
Answers
1. Life Insurance: This type of insurance policy provides financial protection to the policyholder's beneficiaries in the event of the policyholder's death. It can also provide financial security to the policyholder in retirement.
What is policyholder?A policyholder is a person or entity who owns an insurance policy. The policyholder is the person or entity who pays the premiums and is the beneficiary of the policy.
2. Health Insurance: This type of insurance policy provides coverage for medical expenses incurred by the policyholder. It can cover medical bills, prescription drugs, and other medical expenses.
3. Homeowners Insurance: This type of insurance policy protects a homeowner's house, personal property, and liability for any damage or injury that occurs on the homeowner's property.
4. Auto Insurance: This type of insurance policy provides coverage for damage or injury that occurs in an automobile accident.
5. Disability Insurance: This type of insurance policy provides coverage for lost wages or a decrease in income due to a disability.
6. Long-Term Care Insurance: This type of insurance policy provides coverage for long-term care services such as nursing home care, home health care, and assisted living.
7. Business Insurance: This type of insurance policy provides coverage for the business's assets, liabilities, and other risks associated with running the business.
8. Travel Insurance: This type of insurance policy provides coverage for unexpected costs incurred while traveling, such as medical expenses, cancelled flights, lost luggage, and more.
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The owner of land owes which of the following duties to a trespasser? *
to refrain from doing the trespasser intentional harm
to warn them of known dangers
to conduct reasonable searches for dangers
all of the above
Answers
Answer:
All of the above
hope it helped you
Who mages Woolworths company
Answers
Answer:
Woolworths supermarket in Ipswich, Queensland
Key people Brad Banducci – CEO, Woolworths Group Paul Graham – Chief Supply Chain Officer Natalie Davis – Managing Director Stores, Woolworths Supermarkets
Revenue A$42.151 billion (2020)
Number of employees 225,000
Parent Woolworths Group
Explanation:
Describe a method for training employees.
Answers
Answer:
camping
Explanation:
One characteristic of a just-in-time (JIT) inventory system is that :_______
a. a firm has an ample buffer stock of inventory.
b. the working capital a company needs to finance inventory increases is high.
c. a company is more likely to have excess unsold inventory to write off against earnings.
d. parts enter the manufacturing process immediately; they are not warehoused.
e. it is difficult to spot and fix defective inputs.
Answers
Answer:
d. parts enter the manufacturing process immediately; they are not warehoused.
Explanation:
The Just in Time inventory system is one where the management of a business increases efficiency and reduces inventory cost by obtaining raw materials for the production process just as they are needed.
This implies warehousing of unused raw materials is at a minimum. Thereby reducing warehousing cost.
So the option most close to JIT inventory method is - parts enter the manufacturing process immediately; they are not warehoused.
This method also requires accurate forecasting get what is actually needed per time.
Automobile firms can use their inputs to make hybrid cars or "regular" (non-hybrid) cars. If the equilibrium price of hybrid cars rises sharply, the resulting shift in the supply curve for "regular" cars will cause:
Answers
Answer: a) an increase in the Equilibrium price of "regular" cars.
Explanation:
It is stated that the automobile companies use their inputs to make either the hybrid cars or the regular cars.
If the price of the Hybrid cars rises sharply, Automobile companies will make more Hybrid cars so as to take advantage of the situation and make more profit.
This would reduce the amount of inputs that they have available for regular cars and so they will make less regular cars.
As this supply of regular cars decreases,the supply curve will shift to the left and the price will increase to cater for this reduction in supply.
You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?
Financial Lit, please help!!
Answers
Answer:
The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.
Minksine Corporation employs Sandy as its marketing manager. Sandy is driving her sedan to attend a meeting with a client on behalf of her employer. On her way to the meeting, Sandy is involved in an automobile accident that is caused by her negligence. Several people are seriously injured in the accident. Which of the following is true of this case? A) Sandy is solely liable for damages caused by the accident. B) The injured people cannot recover damages from Sandy. C) Minksine Corporation is liable for the injuries caused by Sandy D) The injured people can only claim medical reimbursement from Minksine Corporation.
Answers
In this case, Minksine Corporation is held liable for Sandy's injuries.
What is case law?Case law is based on judicial decisions rather than constitutions, statutes, or regulations. Case law is concerned with unique disputes that are resolved by courts based on the specific facts of a case. Statutes and regulations, on the other hand, are written in a more abstract style.
Case law, also known as common law, refers to the body of precedents and authority established by previous judicial decisions on a specific issue or topic. In this regard, case law varies by jurisdiction. Case law from California, for example, would not be used to decide a case in New York. Instead, the issue will be examined by New York courts using binding precedent.
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PLEASE HELP ME QUICK!
Which of these is not an example of a trade restriction?
a. paying a subsidy to domestic farmers
b. charging a tariff on imports
c. taking land to build an airport
d. limiting the import of certain goods
Answers
Answer:
c. taking land to build an airport.
Explanation:
While the other options (a, b, and d) are examples of trade restrictions, the act of taking land to build an airport is not directly related to trade restrictions. It is more related to the acquisition of land for public infrastructure development, which may involve eminent domain or other legal processes.
GroundTruth Ads Manager is an easy-to-use, self-serve advertising platform. Visual advertisements are integrated into text messages, applications, and mobile websites. Customers are reached based on their location. GroundTruth Ads Manager is an example of _______.
Answers
Answer:
a mobile ad
Explanation:
GroundTruth launches an ad manager which provides advertisement to its customers on its mobile phones based on the location of the customer. It is a self serving platform for advertisements and easy to operate and use.
The ad manager integrates the visual advertisements into the text messages, applications and also mobile websites and sends to the customers for advertising.
Thus the GroundTruth Ads Manager is an example of a mobile ad.
Under which situation would it be legal for an employer to pay an employee a
wage less than the federal minimum wage?
A. If the state allows employers to pay less than the federal rate
OB. If the employee's job involves receiving tips
C. If the employer provides additional benefits to the employee
O D. If the employer is not pleased with the employee's work
Answers
The situation where it is legal for an employer to pay an employee a wage less than the federal minimum wage is B. If the employee's job involves receiving tips.
When is it legal to pay less than minimum wage ?One exclusion pertains to laborers who obtain gratuities as an aspect of their occupational obligations; instances of such professions consist of servers and bartenders. These staff members are held accountable to a lower bare minimum salary known for its characteristic name, the tipped bare minimum salary.
In summary, it is well within legal bounds for an employer to issue a level of income inferior to the federal bare minimum salary when referring to staff members enlisted in jobs necessitating them to receive gratuities.
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Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
Direct materials: 4 pounds at $8 per pound $ 32
Direct labor: 2 hours at $16 per hour 32
Variable overhead: 2 hours at $6 per hour 12
Total standard cost per unit $ 76
The planning budget for March was based on producing and selling 32,000 units. However, during March the company actually produced and sold 37,000 units and incurred the following costs:
a. Purchased 160,000 pounds of raw materials at a cost of $7.40 per pound. All of this material was used in production.
b. Direct laborers worked 67,000 hours at a rate of $17 per hour.
c. Total variable manufacturing overhead for the month was $422,100.
Required:
1. What raw materials cost would be included in the company's planning budget for March?2. What raw materials cost would be included in the company's flexible budget for March?3. What is the materials price variance for March?4. What is the materials quantity variance for March?
Answers
Answer:
Material cost for planning budget =$1,024,000
Material cost flexible budget =$1,184,000
Material price variance $96,000 favorable
Quantity variance $96,000 unfavorable
Explanation:
Material cost for planning budget = $32 × 32,000 =$1024000
Material cost flexible budget = $32× 37,000 =$1184000
Material price variance: $
160,000 pounds should have cost ( 160,000 × $8.00) 1,280,000
but did cost ( 160,000× $7.40) 1,184,000
Material price variance 96000 favorable
Material quantity variance
pounds
37,000 units should have used (37,000 × 4 pounds) 148,000
but did take 160,000
Variance 12000 unfavorable
standard price × $8.00
Quantity variance $96,000 unfavorable
true or false ,The first step in composing a message is to identify its purpose
Answers
Price, markets, barter, rationing, and redistribution of income are all methods
commonly used to
Answers
1Lotteries, markets, barter, rationing, and redistribution of income are all methods commonly used to. allocate scarce resources.
The primary goal of market research by entrepreneurs is to:
a) Reduce costs
b) Analyze data
c) Make better decisions
d) None of the above
Answers
The primary goal of the market research by entrepreneurs is to make better decisions.
Market research is referred to as an activity which is undertaken by the entrepreneurs in order to get the required information which is thus about the needs and also the preferences of the consumer who are in their target market.
Market research allows companies in order to understand the demand as well as the viability of their product and in order to see how it might perform in the real world. Thus, market research tends to help the entrepreneur in finding out their rivals in the business.
Hence, option C is correct.
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question 5 eiyfgeyfie
Answers
Answer:
where's the question?
Through social media connections, marketers and customers share information by Multiple Choice media buying. connecting customers with ways to buy media time. connecting customers online to share personal information. connecting people to financial advisors. uploading pictures, music, and videos.
Answers
Answer: Uploading pictures, music, and videos.
Explanation:
Social Media has made connections between marketers and customers easier and more widespread. They are able to share information amongst themselves through various means such as discussions on products as well as uploading pictures, music and videos.
Through these uploads of pictures, music and videos, marketers and consumers can share information relating to new products, product performance and the like. For instance, in the movie industry, trailers are frequently uploaded on social media sites to enable the movie gain traction before it is released and this method has worked wonders for movie premiers.
Economic Condition
The President &
The federal Reserve Monetary Roller
Fiscal polyester
Government
Rate
1. High Unemployment
Phase
Type of Policy
2. Mation
Phase:
Type of policy
3. Decreasing Production,
Phase:
Type of Policy
4. Prices increasing
Phase:
Type of Policy
5. Economy "overheating”
Phase:
Type of Policy
6. Business Inventories increasing
Rapidly
Phase
Type of Policy
7. Business Sales increasing
Phase
Type of Policy
8. Economy"Cooling or
Phase:
Type of policy
9. Credit and Borrowing Expanding
Phase
Type of Policy
10 Full Employment
Phase
Type of Policy
Answers
Explanation:
9. credit and borrowing expanding
Which metric focuses on the percentage of applicants from a particular source that advance to the next stage of the selection process
Answers
Answer: Yield rate
Explanation:
The yield rate is a metric that focuses on the percentage of applicants from a particular source that advance to the next stage of the selection process.
A yield rate simply gives the percentage of applicants that come from a particular source and is the method used to know this that passed and made it to the selection process next stage. For example, if 100 applicants applied for a job and submitted their résumés through the web site of an organization and then 10 were informed to come for an interview, then the yield rate is 10%.
How can we measure what we gain and lose when making choices?
A. production possibilities curve
B. production possibilities frontier
C. law of diminishing marginal unity
D. marginal unity
Turn In
Answers
Answer:a
Explanation:
An individual who is employed part time but is looking for a full-time job is classified as.
Answers
Also, an individual who is working part-time at an office job but would prefer to instead work full-time is considered underemployed.
Underemployment is the underuse of a worker because a job does no longer use the worker's talents, is a component-time, or leaves the employee idle. Examples consist of conserving a part-time job despite wanting complete-time work, and overqualification, wherein the worker has the education, enjoy, or talents past the requirements of the activity.
Underemployment has been studied from a ramification of perspectives, which include economics, management, psychology, and sociology. In economics, for example, the term underemployment has three exceptional awesome meanings and applications. all of the meanings contain a scenario wherein someone is operating, in contrast to unemployment, where someone who's looking for work cannot discover an activity. All meanings contain below-utilization of hard work which is missed by maximum legit (governmental company) definitions and measurements of unemployment.
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