The process of ________ increases the range of stimuli to which a cr will be made, while ________ decreases, or narrows, the range of stimuli to which a cr will be made.
Answers
The method of stimulus generalization increases the variety of stimuli to which a car might be made, whilst stimulus discrimination decreases, or narrows, the variety of stimuli to which a car may be made.
A stimulus is whatever may trigger a physical or behavioral alternate. The plural of stimulus is stimuli. Stimuli can be outside or inner. An instance of external stimuli is your frame responding to medicine.
In psychology, a stimulus is any item or occasion that elicits a sensory or behavioral response in an organism. in this context, a distinction is made between the distal stimulus and the proximal stimulus.Stimuli is a detectable exchange inside the internal or external surroundings. That which affects or causes a temporary boom of physiological activity or response inside the complete organism or in any of its parts. excited via three varieties of stimuli—mechanical, thermal, and chemical; a few endings respond by and large to 1 form of stimulation, whereas different endings can come across all kinds.
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Related Questions
which kind of flour contains more gluten and less starch
a.all purpose flour
b.bread flour
c.cake flour
d.soft flour
Answers
Answer: b. bread flour
Explanation:
Different types of flour have varying gluten and starch content which is as a result of the kind of wheat used in making the flour.
Bread flour which is also called hard flour has gluten content of 13 to 14% which makes it the highest of the options. All purpose flour has around 12%, Cake flour has about 7.5 to 9% and soft flour is quite low as well.
True or false: accounting provides financial information about a business or organization in order for interested parties to make decisions.
Answers
Accounting provides financial information about a business or organization in order for interested parties to make decisions. True.
What is accounting?Accounting can be described as the process of measuring, processing and communicating a firm's financial and non-financial information to interested parties that might be interested in the information.
Accounting enhances the decision making process of interested parties. Interested parties might include management of the firm, potential investors, customers and the government.
For example, a person is considering investing in a firm. Before making the decision to invest, the person would have to examine the financial statements of the firm to determine if they are profitable and a good match for their portfolio. Without accounting such information would not be available for the potential investor.
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Conflict over an Employee’s Pregnancy at UPS
There is sometimes pushback in companies when women become pregnant and request changes to their work schedules and responsibilities. In some instances, pregnant women are asked to take unpaid leave or are pressured to quit their positions. The troubling fact is that many of these situations could be more effectively handled with some type of accommodation that is both reasonable and fair. Providing reasonable accommodations to pregnant women, similar to those provided to individuals with physical or mental challenges, is the best strategy for avoiding poor morale and potential lawsuits. Pregnancy discrimination falls under the umbrella of many major employment laws.
A UPS driver, who had been working for the company for seven years at the Landover, Maryland facility, faced some of these issues when she became pregnant. She was sent to the firm’s nurse, who told her that she needed to see a doctor to get a more detailed assessment of her needs. The doctor provided her with a note stating that she should not lift packages heavier than 20 pounds. This requirement was not an issue because she mostly dealt with light materials. Upon submitting the note, she was told that the company had a policy stating that lightweight duties could not be given to individuals who had health concerns that were caused outside of the workplace. Her manager indicated that she was a potential liability, and that she should return to her job after her pregnancy was over. Consequently, the individual’s pay and benefits came to a halt. The HR department was not contacted because she assumed that the company was following its stated policies.
While on unpaid leave, she pursued a complaint in federal court that UPS violated the requirements of the Pregnancy Discrimination Act (PDA). A district court decided that UPS was not in violation of the PDA. The Fourth U.S. Circuit Court of Appeals supported this decision, stating that UPS’s policy did not adversely target the employee based on her pregnancy. It is speculated that the ruling might have been different if the case had occurred after the ADAAA was passed. Maryland also passed a law that provides pregnant employees special accommodations similar to those given to individuals who have short-term physical challenges.
If you were an HR manager at UPS, how would you have handled the situation described in the case? How could the employee’s immediate manager have handled the situation differently?
Answers
As an HR manager at UPS, I would have handled the situation differently. First, I would have consulted the employee’s doctor to see what specific accommodations could be made to make sure she was safe to continue working.
I would have also contacted the HR department to review the company’s policies regarding pregnancy and accommodations. Additionally, I would have spoken to the employee directly to discuss her concerns and any potential solutions. Ultimately, I would have worked with the employee and her manager to find a solution that was both reasonable and fair for the employee.
The employee’s immediate manager could have handled the situation differently by ensuring the employee was provided with reasonable accommodations that did not require her to take unpaid leave.
Additionally, he could have consulted with HR to determine if the company had any policies that could be used to accommodate the employee’s needs. Finally, he could have taken the time to speak with the employee directly to understand her concerns and find a solution that was fair and reasonable.
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during the 1970s, some economists argued that the cause of the woes of the economy were due to . a.) increase in unemployment, as women entered the labor force b.) brain drain due to ineffective education and training c.) low taxes and a government surplus that should have been spent on social programs d.) supply shock due to issues with the supply of oil
Answers
During the 1970s, some economists argued that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil
What was the economic crisis of the 1970s?This refers to the term that is used to discuss and describe the economic crisis that threatened to engulf the United States financial sector due to certain influences such as the 1973 oil crisis, the fall outs of the Vietnam War under President Johnson and many other factors.
Hence, it can be seen that with these factors in mind, the main argument of some economists was that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil as can be found in option D which is true because of the supply shock which helped to cripple the US economy.
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If you were starting a new business describe at least three departments to the company that you would need right away why are these departments so important
Answers
Answer:
Explanation:
These departments are as follow:-
1) Admin
2) Administrative
3) HOD (Head Of Departments)
Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answers
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.Crane Company makes four products in a single facility. Data concerning these products appear below: Product A B с D $35.30 $30.20 $20.80 $26.00 Selling price per unit Variable manuf. cost per $16.50 $15.80 $7.90 $8.50 unit $3.80 $1.60 $1.90 $3.30 Variable selling cost per unit 3.30 1.70 2.10 2.50 Milling machine minutes per unit Monthly demand in units 4,000 1,000 3,000 1,000 The milling machines are potentially the constraint in the production facility. A total of 22,600 minutes is available per month on these machines. How many minutes of milling machine time would be required to satisfy demand for all four products? Multiple Choice O O O 9,000 minutes. 18,400 minutes. 22,600 minutes. 23,700 minutes.
Answers
In order to satisfy demand for all four products, Crane Company would require 23,700 minutes of milling machine time.
The found by dividing the total available milling machine minutes (22,600) by the total milling machine minutes required per unit of each product. We can use this formula to calculate the milling machine minutes required per unit of each product: Product A: 1.5 minutes per unit Product B: 1.6 minutes per unit Product C: 1.9 minutes per unit Product D: 3.3 minutes per unit.
To determine the total milling machine minutes required to satisfy demand for all four products, we multiply the milling machine minutes required per unit by the monthly demand in units for each product, and then add up the results :Product A: (1.5 minutes per unit) x (4,000 units per month) = 6,000 milling machine minutes Product B: (1.6 minutes per unit) x (1,000 units per month) = 1,600 milling machine minutes Product C: (1.9 minutes per unit) x (3,000 units per month) = 5,700 milling machine minutes Product D: (3.3 minutes per unit) x (1,000 units per month) = 3,300 milling machine minutes.
Total milling machine minutes required:6,000 + 1,600 + 5,700 + 3,300 = 16,600.
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anda toys inc. plans to sell one line of its panda toys for $ 20. the material cost per unit is $ 4 and unit labor cost is $ 6. the annual overhead fixed costs are $ 500,000 and the promotion and advertising cost is $100,000. if the unit selling price is increased to $ 22, what is the $bep for the company?
Answers
The answer is $BEP of Panda Toys Inc. is $1,200,000.
What is the overhead cost?The term "overhead" describes ongoing business costs that aren't directly related to providing a good or service.
It is crucial for budgeting as well as for figuring out how much a business must charge for its goods or services in order to turn a profit.
Expenses that are incurred to support the business but are not specifically tied to a product or service are collectively referred to as overhead.
It depends on the level of activity in the company whether overhead costs are variable or fixed, in which case they always cost the same amount.
Additionally, overhead costs may be semi-variable, which means that while some are always incurred by the organization, others are dependent on the volume of activity.
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a market-based economy frequently produces boom-and-bust cycles.
Answers
Market-based economy frequently produces boom-and-bust cycles. When a recession hits, businesses reduce their operations, including reducing employee hours or laying off workers, resulting in reduced production.
A market-based economy is frequently unstable and regularly encounters boom-and-bust cycles, causing economic instability. Market cycles are a pattern of ups and downs, characterized by high production and increased consumption in the growth or boom cycle and low production and decreased consumption in the contraction or bust cycle.The ups and downs, including the extremes, are typically brief and lead to market recovery. However, in more severe market cycles, the impact on the economy can be catastrophic, with millions of people losing their jobs and the government taking on more debt to avoid a recession.
The causes of market cycles include supply and demand, investor expectations, and business cycles. Supply and demand are among the most crucial determinants of market cycles. When demand exceeds supply, the economy grows, and when supply exceeds demand, the economy contracts. However, investor expectations play a significant role in determining the economy's growth. When investors expect good economic times, they invest in stocks and other assets, driving up prices. Conversely, when investors expect bad economic times, they sell their stocks, leading to a decline in asset prices.
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Q1. In this question, each student is asked to conduct a market survey and provide the following analysis. Critical evaluation of any two products (product name, product specifications, manufacturers details, etc.) of electronic goods or automobile goods and justification of the brand product is the market leader in Oman and discuss what are the marketing strategies
It is required to make a good decision to be a market leader. (Using your analysis with ~400-500 words). Each student must visit the local markets, choose any product (electronic / car / any other consumer products) available in the Omani market, study the product in detail and provide correct information.
Answers
Marketing Strategies for Market Leader in OmanThe marketing strategies for the market leader in Oman depend on several aspects such as effective branding, strong positioning, and efficient customer service. In this essay, we will evaluate two products:
Samsung Galaxy S21 and Apple iPhone 12 and discuss their market positioning.Apple iPhone 12 is considered a market leader because of its brand recognition, innovative features, and premium quality. On the other hand, Samsung Galaxy S21 has emerged as a significant competitor because of its extensive features, affordability, and sleek design.
Critical evaluation of Samsung Galaxy S21:
Samsung Galaxy S21 is the latest smartphone from Samsung that is available in the Omani market.The phone boasts a 6.2-inch dynamic AMOLED display with a resolution of 1080x2400 pixels. The smartphone runs on an Exynos 2100 processor and has 8GB of RAM and 128GB of internal storage. The phone's camera features include a 12-megapixel primary camera, a 12-megapixel ultra-wide lens, and a 64-megapixel telephoto lens. The phone also has a 10-megapixel front camera.The product has many features that are a major selling point for the phone. The sleek design, the impressive camera quality, and the fast processor make it a popular choice among consumers. The product is more affordable than other smartphones in the same category, making it more accessible for people with a lower budget. However, the product has some shortcomings, including the lack of expandable storage and a headphone jack.Critical evaluation of Apple iPhone 12:
Apple iPhone 12 is the latest smartphone from Apple that is available in the Omani market. The phone boasts a 6.1-inch Super Retina XDR display with a resolution of 1170x2532 pixels.The smartphone runs on an A14 Bionic processor and has 4GB of RAM and 64GB of internal storage. The phone's camera features include a 12-megapixel primary camera and a 12-megapixel ultra-wide lens. The phone also has a 12-megapixel front camera.The product has many features that are a major selling point for the phone. The innovative features, such as the ceramic shield display, make it a popular choice among consumers. The product is known for its premium quality and sleek design.
However, the product has some shortcomings, including the lack of expandable storage and the high price.The marketing strategies for Apple and Samsung:
Apple and Samsung have different marketing strategies that have helped them become market leaders.Apple is known for its premium quality products and innovative features. The company has a strong brand image that is recognized globally. The company's marketing strategy focuses on highlighting the product's unique features and design, which makes it stand out from its competitors. The company invests heavily in advertising and promoting its products, which helps to create brand awareness.Samsung's marketing strategy focuses on offering a wide range of products at different price points. The company's products are known for their extensive features and affordability. The company invests heavily in research and development to improve its products continually. The company's marketing strategy is to create products that cater to different segments of the market. The company also invests heavily in advertising and promotions to create brand awareness among consumers. Samsung's strategy has helped the company become a significant competitor in the smartphone industry.In conclusion, both Apple and Samsung have different marketing strategies that have helped them become market leaders. While Apple's marketing strategy focuses on premium quality products and innovative features, Samsung's marketing strategy focuses on offering a wide range of products at different price points. The companies invest heavily in advertising and promoting their products to create brand awareness among consumers. Samsung Galaxy S21 and Apple iPhone 12 are both excellent products with their strengths and weaknesses.
About MarketMarket are the institutions, procedures, social relations and infrastructure where businesses sell goods, services and labor for people in exchange for money. Goods and services sold using legal means of payment such as fiat money. This activity is part of the economy. The market is also one of the 6M principles in entrepreneurship that must be considered. What is meant by the market is the target market or the target consumer itself from the business you are running.
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PLZ HELP this is Econ btw !!! How can technology as a determinant decrease supply? Explain or give
an example.
Answers
Answer:
as we simply know the technology degradation will increase the cost of production and decrease the profit and when there will be less profit the supplier supplies less goods in the market
hence the supply will decrease.
vice versa in the case of technology improvement.
is it fine?
which part of our body is affected by plogue pose?
Answers
Answer:
spine and shoulders are affected
The spine and the shoulders of our body part are mostly affectd by the plogue pose. It stretches our body muscles.
Plow PoseIt is a stretching exercise which keeps your body fit and flexible.
Doing stretching exercise regularly benefits the body mucles and tendons.
The plow pose is a stretching exercise where one positions his/her body upside down and keeps their feet bend over the head.
This pose affects our spine and also our shoulders.
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2. Castalia Co. has the following: earnings before income tax($675 K), discontinued operations loss ($100 K), gain on disposal of discontinued net assets ($150 K), tax rate (30%), common shares outstanding (250K), and preferred dividends declared ($50K). Both of the discontinued items are pre-tax. What is the amount of Tax Expense reported on the face of the income statement? 3. For #2, what is income from continuing operations? 4. For #2, what is the amount shown on the income statement for the discontinued operations (only)? 5. For #2, what is net income? 6. For #2, what is the reported EPS number (to the nearest penny) for income from continuing operations? 7. For #2, what is the reported EPS number for the disposal of the discontinued net assets ? 8. For #2, what is the reported EPS number (to the nearest penny) for net income?
Answers
Tax Expense 1. reported: $157,500, 2. Income from Continuing Operations: $517,500, 3. The amount for the Discontinued Operations (only): ($50,000), 4. Net Income: $467,500, 5. Reported EPS number: $1.87.
1 Tax Expense reported on the face of the income statement:Tax Expense = (Earnings before Income Tax - Discontinued Operations Loss + Gain on disposal of Discontinued Net Assets) * Tax Rate
Tax Expense = ($675,000 - $100,000 + $150,000) * 0.3 = $157,500
2 Income from Continuing Operations:Income from Continuing Operations = Earnings before Income Tax - Tax Expense
Income from Continuing Operations = $675,000 - $157,500 = $517,500
3 The amount shown on the income statement for the Discontinued Operations (only):Amount shown on the income statement for Discontinued Operations = Discontinued Operations Loss - Gain on disposal of Discontinued Net Assets
Amount shown on the income statement for Discontinued Operations = ($100,000) - $150,000 = ($50,000)
4 Net Income:Net Income = Income from Continuing Operations + Amount shown on the income statement for Discontinued Operations
Net Income = $517,500 - $50,000 = $467,500
5 Reported EPS number (to the nearest penny) for Income from Continuing Operations:Reported EPS = Income from Continuing Operations / Common Shares Outstanding
Reported EPS = $517,500 / 250,000
Reported EPS = $2.068.
Reported EPS number (to the nearest penny) for Net Income:
Reported EPS = Net Income / Common Shares Outstanding
Reported EPS = $467,500 / 250,000
Reported EPS = $1.87
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Which is the most important decision factor in transportation?
A.capacity
B. Cost
C.capability
D.reliability
Answers
TRUE/FALSE. employees that are not performing well will do better when they have a fixed set of coworkers, as opposed to a continually changing group of employees.
Answers
FALSE,
Employees that are not performing well may not necessarily do better when they have a fixed set of coworkers compared to a continually changing group of employees. The performance of an employee is influenced by various factors, and the stability or variability of their coworkers is just one aspect.
While a fixed set of coworkers can provide a sense of familiarity and establish stronger working relationships, it does not guarantee improved performance for underperforming employees. The performance of an individual depends on their own skills, motivation, work environment, management support, and other factors.
Introducing a continually changing group of employees can bring fresh perspectives, diverse skills, and new ideas into the work environment. It can stimulate creativity and innovation, potentially leading to improved overall performance. Additionally, exposure to different team members can enhance adaptability, collaboration, and the development of a broader skill set.
Therefore, the impact of a fixed set of coworkers or a continually changing group on the performance of underperforming employees cannot be generalized. The key lies in addressing the underlying issues that contribute to poor performance and providing appropriate support, training, and resources to help employees improve their performance, regardless of the stability of their coworkers.
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Critically explain Robbins definition of economics?
Answers
Answer:
In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”
Explanation:
You just started your first full-time job, and one of the benefits is a retirement savings plan. Someone in the human resources department is going over your benefits and says that you have make choices about how the retirement savings plan is invested. She gives you some papers to read and asks you to stop by and let her know your choices when you come to work tomorrow. What must you consider as you read the information and make your choices? Answer in complete sentences.
Answers
I need to be aware that investment options and the market conditions can change over time, and I should regularly review and adjust my investment choices as to ensure I am on the track to meet my retirement goals.
What is retirement?Retirement is a phase in a person's life when they choose to stop working or reduce their work hours. It is a time when people typically have reached a certain age, have accumulated enough savings or investments, and are ready to leave the workforce. Retirement can be a voluntary decision or forced due to health issues or other reasons. During retirement, individuals can pursue hobbies, travel, spend time with family and friends, and engage in leisure activities they did not have time for while working. Retirement also involves careful financial planning to ensure that one's income will be sufficient to support their lifestyle and cover expenses, such as healthcare and housing. Many people also choose to seek advice from financial planners and other professionals to help them navigate this phase of life.
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Describe your business/Overview
Answers
Answer:
The business overview is a component of a business plan that provides a general explanation of your company. By reading this section, the audience learns about your company and its structure, values, mission and offerings. It can also demonstrate what makes your company unique from competitors.
How does residents right violation impact
payers/insurers/health plans, health care professionals, health
provider organizations, or health product developers?
Answers
Resident rights violations impact various stakeholders in the healthcare industry, including payers/insurers/health plans, health care professionals, health provider organizations, and health product developers. These impacts can include increased costs, legal consequences, reputational damage, and ethical implications.
Resident rights violations can have significant impacts on various stakeholders in the healthcare industry. These include:
1. Payers/Insurers/Health Plans: Increased healthcare costs and potential damage to reputation and trust.
2. Health Care Professionals: Professional and ethical implications, including potential legal consequences and reputational harm.
3. Health Provider Organizations: Legal consequences, financial penalties, reputational damage, and potential closure.
4. Health Product Developers: Potential legal liability, reputational damage, and decreased sales.
In summary, resident rights violations can lead to financial, legal, reputational, and ethical consequences for payers/insurers/health plans, health care professionals, health provider organizations, and health product developers.
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if you purchase your health insurance plan through the federal marketplace, what is the website you go to?
Answers
Answer: HealthCare.gov
Explanation:
Insurance companies negotiate discounts with hospitals under a(n)
Answers
Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization (PPO).
What is insurance company?Insurance company is an a company that help to provide coverage for their policy holder in case of unforeseen or unexpected circumstance such as:
TheftAccident etcPreferred provider organization is a medical health plan that enter into a contract agreement with health care service providers so as to provide health care to people under the plan.
Therefore Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization.
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Lightskins or Darkskins
Or Other ?
Answers
Answer:
any kind of boy
Explanation:
I have no type
How is the chip shortage issue affecting Apple company, and how
can it be solved? it should be at least 1.5 pages.
Answers
The chip shortage issue has had a significant impact on Apple, affecting its production and sales of various devices.
The chip shortage issue has presented significant challenges for Apple, impacting various aspects of its business. Firstly, the shortage has disrupted Apple's production capabilities, leading to delays in manufacturing its devices. This has resulted in reduced product availability, affecting sales and customer satisfaction.
To tackle this issue, Apple has adopted several strategies. One approach is diversifying its supply chain by seeking additional chip suppliers to reduce reliance on a single source. By expanding its supplier network, Apple aims to mitigate the impact of any disruptions from a specific supplier and ensure a more stable chip supply.
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Lance runs a staffing service in which his main job is transporting workers to and from various jobsites. His van can carry up to 12 people at a time, and he is worried about getting hit by a driver who does not have enough liability insurance to cover all of his passengers. Which additional coverage could help pay for injuries to his passengers if this were to happen
Answers
Answer: Uninsured And Underinsured Motorist Coverage
Explanation:
Uninsured and Underinsured motorist coverage will help Lance pay for injuries to his passengers should he be hit by a driver that has no car insurance or an insufficient liability insurance.
Strictly speaking, Underinsured Motorist coverage is the right coverage to get as it deals with situations where the offending driver has insufficient liability coverage while uninsured is motorist coverage is when the offending driver has no liability coverage at all.
Uninsured and underinsured are bundled together in a lot of states however so Lance can either get both or just Underinsured coverage if he can.
Having connectivity and visibility to all partners in a firm's supply chain can be accomplished through the use of: a. Cloud-based communication systems b. Legacy MRP systems c. Mobile Marketing d. Score-carding systems
Answers
Having connectivity and visibility to all partners in a firm's supply chain can be accomplished through the use of: a Cloud-based communication systems.
What is Cloud-based communication systems?Cloud- based communications system can be defined as the way of using internet to communicate or transmit data.
Most companies tend to make use of cloud communication to communicate by making internet phone calls and this is normally done by a hosting service which serves as a third party.
Inconclusion having connectivity and visibility to all partners in a firm's supply chain can be accomplished through the use of: a Cloud-based communication systems.
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a vertical merger is a merger between firms that operate at different but related levels in the production and marketing of a product. true false
Answers
It is TRUE that a vertical merger is a merger between firms that operate at different but related levels in the production and marketing of a product.
A vertical merger is the union of two or more businesses that perform various supply chain tasks for a single item or service. Most frequently, a merger is implemented to boost business, increase synergies, and gain more control over the supply chain process. Cost savings and gains in productivity and efficiency are frequent outcomes of vertical mergers.
Vertical mergers enable organizations to take control of the initial stages of a supply chain, such as the supplier of raw materials to a manufacturer. Although they are at different phases of the production process, the two companies merging vertically offer distinct goods and services. But in order to produce the finished good, two businesses are necessary.
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along with balancing the work with relationships, what other attribute does a strategically focused team member display? select an answer: aggressively addressing mistakes. being rigid because the job comes first. limiting your focus to outcomes. demonstrating that you have flexibility.
Answers
The other quality a member of a team with a strategic emphasis demonstrates is flexibility.
To get excellent results, effective teams must bring together individuals with varying abilities to collaborate in novel ways and more quickly.
Everyone has a responsibility to function as a team, and good team members can develop into outstanding team players by following a few easy guidelines. The seven necessary qualities of a team player are outlined in the following points, along with explanations of their significance. Team members in businesses with strong business results, high profitability, and high performance typically have extremely clear expectations for their respective positions. These firms are unwilling to take a chance with the standards they hold for their workforce.
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stephanie has been driving for 4 years without any major auto accidents until today
Answers
ack’s Jax has total fixed costs of $25,000. If the company’s contribution margin is 60%, and the selling price of a box of Jax is $20, how many boxes of Jax would the company need to sell to produce a net income of $15,000?
a) 5,625
b) 4,445
c) 3,333
Answers
The company needs to sell 2,083.33 boxes of Jax to produce a net income of $15,000. The closest answer to this is option 3,333. (C)
To find the number of boxes of Jax that the company needs to sell to produce a net income of $15,000, we can use the following formula: (C)
Net Income = Total Revenue - Total Costs
We can rearrange this formula to find the total revenue needed to produce a net income of $15,000:
Total Revenue = Net Income + Total Costs
Total Revenue = $15,000 + $25,000
Total Revenue = $40,000
Now, we can use the contribution margin to find the total revenue needed to cover the fixed costs and produce a net income of $15,000:
Total Revenue = Fixed Costs / Contribution Margin
$40,000 = $25,000 / 0.60
$40,000 = $41,666.67
Finally, we can use the selling price of a box of Jax to find the number of boxes the company needs to sell:
Number of Boxes = Total Revenue / Selling Price
Number of Boxes = $41,666.67 / $20
Number of Boxes = 2,083.33
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Task C:
1. What methods of growth
would you suggest to the
owner of a small successful
family hotel that has
accumulated profits for
several years?
Answers
Answer:
First, they assume that a company must grow and pass through all stages of development or die in the attempt. Second, the models fail to capture the important early stages in a company’s origin and growth. Third, these frameworks characterize company size largely in terms of annual sales (although some mention number of employees) and ignore other factors such as value added, number of locations, complexity of product line, and rate of change in products or production technology.
To develop a framework relevant to small and growing businesses, we used a combination of experience, a search of the literature, and empirical research. (See the second insert.) The framework that evolved from this effort delineates the five stages of development shown in Exhibit 2. Each stage is characterized by an index of size, diversity, and complexity and described by five management factors: managerial style, organizational structure, extent of formal systems, major strategic goals, and the owner’s involvement in the business. We depict each stage in Exhibit 3 and describe each narratively in this article.
Explanation: