Subject: Business process reengineering
Q#2: What is Pareto chart, why it is use, need example?
Q#3: What is fish bone diagram, why and where it use, need example?
Q#4: What is FMEA, it's application with examples?

The quantity of salt demanded tend tobe un responsive to changes in its price because salt is an inelastic good, the quantity demanded is unresponsive to price changes. This means that regardless of the price change, people will still buy it.

Salt is a product with a limited number of substitutes, and people may not spend a lot of money on it, so price increases do not bother them. Furthermore, it is a necessity with no close substitutes.

Thus, the demand for salt is inelastic i.e. any change in its price will not affect demand.

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Answer:

Keyboard

Headset

Printer

Joystick

Yw :))

Answer:

I think it's letter

"A"

COBRA

Answer:

Health identity theft is when criminals steal victims names.

Explanation:

health insurance numbers and other personal data and then defraud insurers by making false claims. To combat the problem, some medical ...

Answer: See Explanation

Explanation:

Moral myopia occurs when someone is unable to clearly see ethical issues. In this case, people decide not to say anything even though they see the unethical behavior of others.

An advertising professional might experience moral myopia in the sense that such person looks away when he or she sees an unethical act because of fear of losing his or her job and also because of fear of losing a customer.

Answer:

d

Explanation:

The accrued interest payable as on December 31, 2022 is $14,667. Option (d) is correct.

To record the accrued interest payable for a note payable, we use the following formula:

Accrued Interest = Principal Amount x Annual Interest Rate x Time Period (in days) / 360

Note payable is issued on September 1, 2021. Interest rate is 12%, which is based on prime rate of 11% plus 1%. The amount is payable in three equal annual principal payments of $200,000. Therefore, the interest will be calculated on the reducing balance of the principal amount. The payment is due on September 1, 2022 for the first year of the note payable.Therefore, at December 31, 2022, the accrued interest payable will be calculated on the balance principal amount left after the payment on September 1, 2022. The balance principal amount is $400,000 because first annual payment of $200,000 has been paid on September 1, 2022.

The time period for accrued interest is 121 days, which is from September 1, 2022 to December 31, 2022.

Accrued Interest = Principal Amount x Annual Interest Rate x Time Period (in days) / 360

= $400,000 x 12% x 121 / 360

= $14,667

The correct option is (d) $14,667.

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Your client, Skip, is an investor who's just opened a thriving new sporting goods store in a location outside the city. Principle of competition indicates that his thriving business will attract others to engage in similar activity in the same area, driving down his profits.

Answer - Principle of competition

What is competition and examples?

Competition is a relationship between organisms that has a negative effect on all of them. This can happen when two organisms are trying to get the same environmental resource. One common example is when organisms compete for a mate.

What are 5 examples of competition?

Intraspecific competition is an important regulator of the population size and can also act as a selective factor for evolution.

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The question asks for the term that describes the process of achieving the highest level of satisfaction or happiness from consuming goods and services, considering consumers' preferences, incomes, and prices.

The term that describes the process mentioned is consumer optimization or consumer utility maximization. Consumer optimization refers to the decision-making process where consumers aim to maximize their overall satisfaction or utility by carefully selecting a combination of goods and services based on their preferences, budget constraints (incomes), and prices.

1. Preferences: Consumers have individual preferences and tastes regarding different goods and services. These preferences can vary based on factors such as personal preferences, cultural influences, and past experiences.

2. Incomes: Consumers have a certain level of income available to allocate towards purchasing goods and services. The level of income influences the purchasing power and affordability of consumers, affecting their ability to acquire different products.

3. Prices: The prices of goods and services play a crucial role in consumer optimization. Consumers consider the prices of various products and make decisions to achieve the highest level of satisfaction within their budget constraints.

4. Utility Maximization: Consumer utility refers to the satisfaction or happiness derived from consuming goods and services. Consumers aim to maximize their overall utility by selecting the combination of products that provides the highest level of satisfaction given their preferences, incomes, and prices.

By carefully evaluating their preferences, incomes, and prices, consumers make choices that optimize their overall satisfaction or happiness, thereby achieving consumer utility maximization.

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The average cost per unit increases as the number of units produced decreases.

Given the information, Kubin Company's average costs per unit are Direct materials: $7.00,Direct labor: $4.00,Variable manufacturing overhead: $1.50,Fixed manufacturing overhead: $5.00,Average cost per unit: $17.50.The fixed manufacturing overhead per unit is constant, regardless of the number of units produced. The variable manufacturing overhead per unit decreases as the number of units produced increases. This is because the fixed costs of variable manufacturing overhead are spread over a larger number of units. The direct materials and direct labor costs per unit are also constant, regardless of the number of units produced.

This is because the fixed manufacturing overhead costs are spread over a smaller number of units, which increases the per unit cost.

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The WorldCom's fraudulent scheme of capitalizing telephone line costs instead of expensing them was discovered by Cynthia Cooper, the company's internal auditor.

WorldCom's fraudulent scheme of capitalizing telephone line costs instead of expensing them was discovered in 2002. The company had been inflating its earnings by shifting expenses from operating costs to capital expenditures. This practice allowed the company to show higher profits and attract more investors. However, it was eventually uncovered by an internal auditor and the Securities and Exchange Commission. The scandal led to the collapse of WorldCom and the imprisonment of its CEO. It also highlighted the importance of transparency and ethical behavior in the business world.

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True. As corporations expand globally, advertising continues to be a local concern. While corporations may have a global presence and marketing strategies,

Advertising often needs to be tailored to specific local markets and cultural contexts. Consumer behavior, preferences, and communication channels can vary significantly across different regions and countries. Therefore, companies need to adapt their advertising campaigns to resonate with local audiences and effectively communicate their brand message. This localization of advertising ensures that it is relevant, relatable, and culturally sensitive, ultimately increasing its effectiveness in reaching and engaging target customers in different markets.

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Answer:

A positive attitude, high-esteem, and enthusiasm contribute to career success because they make the worker approach their activities, projects and ideas with a positive mindset, trusting in their abilities and anticipating a positive result, facing and overcoming their fears and always looking to the good side of things.

On the other hand, if the person were pessimistic or had a bad attitude, they would face their projects with doubts and fears, putting them aside in the face of the first adversities.

Answer:

Free-market, or laissez-faire, economics and Keynesian theory.

Explanation:

The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.

There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.

Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.

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Answer:

Developing

Explanation:

Answer:

As I look around my house I find a pocket watch that has helped me tell time, a handy knife that saved my but while camping, a flashlight that helps me see in the dark, and books that I read to allow my mind to wonder. I’ve even got a feather pen I use to write down important notes. Each of these items required trade in order to receive. I traded an old knife for the pocket watch, a few books for new books, and so on with the other items. Trading is a form of giving to receive and can be used to get someone you want from someone else who wants something you have. However trading isn’t that easy due to the fact of poor trades such as a trade I once did for a hammer, I traded a spool of wire for the hammer only to realize that I needed the wire more then the hammer. Not all trade is bad though because it can also benefit you by getting you something better and even someone else something they need. That is the importance of trade.

Explanation:

Answer:

Demand.

Explanation:

Population of household composition, price of real estate in the area, availability of mortgage credit, consumer tastes, and income of consumers are all indicators of demand.

Demand can be defined as an economic principle which involves the willingness of a customer to pay an amount of money (price) for a desired goods or services it need or requires.

Simply stated, demand for goods and services rest solely upon the consumer of such goods and services.

Answer:

what?

Explanation:

Answer: shaking hands to greet a supervisor.

Explanation:

nonverbal communication is communication through a nonverbal platform. I.e eye contact, facial expressions, gestures, etc.

Karl Yates needs $9,000 to pay for remodeling work on his house. He wants to accumulate this amount in 10 months by making a deposit at an interest rate of 6.3%. The question is how much Karl should deposit in order to reach his goal.

To find out how much Karl should deposit, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Where:

A is the future value (amount to accumulate),

P is the principal (initial deposit),

r is the interest rate (in decimal form),

n is the number of times interest is compounded per year, and

t is the time period (in years).

In this case, we know that Karl wants to accumulate $9,000 in 10 months, which is equivalent to 10/12 = 0.8333 years. The interest rate is 6.3% or 0.063 in decimal form. Since the question doesn't specify the compounding frequency, we'll assume it's compounded annually (n = 1).

Now we can rearrange the formula to solve for P:

P = A / (1 + r/n)^(nt)

Substituting the given values, we get:

P = $9,000 / (1 + 0.063/1)^(1*0.8333)

Calculating this expression will give us the amount Karl should deposit.

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To write a letter of recommendation you must first consider the structure of a formal letter.

Then consider the body you are writing as you try to depict a mental image of the person being recommended and pass that image on to the medical school. This is further explained below.

Generally, a letter of recommendation is simply defined as a letter prepared by someone who can vouch for an individual's work or academic achievements, such as a professor.

In conclusion,  In writing a letter of recommendation we trying to speak out the person's best features.

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The correct statements about the Greek letters of an option are:

- A put option's delta is close to -1 when the option is deep in-the-money.

- An option's vega is the rate of change of the option's value with regards to the volatility.

- A call option's gamma is always positive.

- Delta measures the sensitivity of an option's price to changes in the price of the underlying asset. For a put option, the delta ranges from -1 to 0. When a put option is deep in-the-money, meaning the strike price is much higher than the current stock price, the put option's delta approaches -1, indicating a high negative sensitivity to changes in the underlying asset price.

- Vega represents the sensitivity of an option's price to changes in the underlying asset's volatility. It measures how the option's value changes as volatility fluctuates. Vega is positive for both call and put options and indicates that an increase in volatility leads to an increase in option value, and vice versa.

- Gamma measures the rate of change of an option's delta with respect to changes in the underlying asset price. A call option's gamma is always positive, indicating that as the underlying asset price changes, the rate of change in the option's delta is positive. Gamma represents the risk associated with changes in the underlying asset price and reflects the need for dynamic hedging strategies to manage that risk.

- Theta, also known as time decay, represents the rate at which an option's value declines as time passes. It is typically negative for both call and put options, indicating that the option's value decreases as time elapses. Therefore, the statement that a put option's theta is always positive is incorrect.

The correct statements about the Greek letters of an option are that a put option's delta is close to -1 when deep in-the-money, an option's vega represents the rate of change with respect to volatility, and a call option's gamma is always positive.

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Answer:

The peace rate will result in lower total wages than time rate.

Explanation:

Piece rate is a wages calculator in which labors are paid for the piece of work done by them. They are paid for the quantity of units produced irrespective of time consumed. Time rate is wage calculation method in which wages are calculated based on hours worked. The major disadvantage for this method is that labors can waste time making products due to securing high wage.

Answer:

No, the weighted-average unit contribution margin is equal to the contribution margin for each of the products.

Explanation:

The weighted-average unit contribution margin is not impacted by the company-wide break-even point in units.

The weighted-average unit contribution margin is NOT equal to the contribution margin for each of the products.

The weighted-average unit contribution margin IS dependent on the sales mix percentage.

South Korea's growth has resulted from an economic system described as a "mixed economy". The South Korean economy has experienced fast development since the 1960s.

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TRUE. When the fed takes such actions, the yield curve tends to become steeper.

when the fed takes actions that lower expectations for inflation in the current year but raise expectations for inflation in subsequent years, the yield curve typically becomes steeper.

a yield curve represents the relationship between the interest rates (yields) and the maturity dates of fixed-income securities. normally, a yield curve is upward sloping, indicating that longer-term bond have higher yields than shorter-term bonds. this reflects the expectation of higher inflation and increased risk associated with longer maturities.

when the fed lowers expectations for inflation in the current year by 1 percentage point, it implies that short-term interest rates may decrease or remain stable. however, the actions that raise expectations for inflation in the future by 2 percentage points would likely have a stronger impact on longer-term interest rates. this results in an increased yield spread between short-term and long-term bonds, making the yield curve steeper.

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To determine the balance in the cash account after recording the journal entries, we need to review the specific journal entries mentioned in "requirement 2." Without the details of those entries, it's not possible to provide an exact balance for the cash account. However, I can explain the general concept and process of calculating the cash account balance.

The cash account is a key component of a company's financial records and reflects the amount of cash the company has on hand. The balance in the cash account is affected by various transactions, including cash receipts (inflows) and cash disbursements (outflows). Each transaction involving cash is recorded in the cash account, typically through journal entries.

To determine the balance in the cash account, you would start with the initial balance at the beginning of the accounting period and then add or subtract the cash inflows and outflows that occurred during the period. In accounting, cash inflows increase the balance, while cash outflows decrease the balance.

The balance in the cash account can be calculated by summing up all the cash inflows and subtracting all the cash outflows from the initial balance. This will give you the closing balance in the cash account at the end of the accounting period.

However, since the specific journal entries in "requirement 2" are not provided, I cannot determine the exact balance in the cash account. It would require reviewing the journal entries, considering the amounts and account titles involved, and applying the appropriate debits and credits to arrive at the updated cash account balance.

If you have the specific journal entries, you can analyze them by identifying the cash inflows and outflows associated with each entry and then adjust the cash account balance accordingly. This process of reviewing and updating the cash account balance is essential for maintaining accurate financial records and ensuring the cash account reflects the company's actual cash position.

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