Answer:
Third Parties In General (not Just With Health Care) Are Inefficient Because
b) it means a large bureaucracy.
Explanation:
Ordinarily, in an efficient market, there are no third parties. The market participants remain buyers and sellers. They are aided in their business dealings and for the determination of prices during the exchange by the invisible hand. It is the invisible hand that ensures the existence of market equilibrium between demand and supply. If this invisible hand is removed and a third party comes in to regulate the market and the activities of the market participants, usually the government, it implies that bureaucracy will increase. It has been established that decisions made by the state are not always efficient because more costs are added to the decision-making process.
In its income statement for the year ended June 30, 2009, The Clorox Company reported the following condensed data (dollars in millions).
Selling and administrative expenses $ 715 Research and development expense $ 114
Net sales 5,450 Income tax expense 276
Interest expense 161 Other expense 46
Advertising expense 499 Cost of goods sold 3,104
Assume a tax rate of 34%.
Assume the marketing department has presented a plan to increase advertising expenses by $340 million. It expects this plan to result in an increase in both net sales and cost of goods sold of 25%.
Prepare a multiple-step income statement. (Round answers to 0 decimal places, e.g. 125.)
Answer:
Clorox Company
multiple-step income statement.
Net sales $5,450
Less Cost of goods sold ($3,104)
Gross Profit $2346
Less Operating Expenses :
Selling and administrative expenses $ 715
Research and development expense $ 114
Advertising expense $499 ($1,328)
Operating Income $1018
Less Non Operating Expenses :
Income tax expense $276
Interest expense $161
Other expense $46 ($483)
Net income $535
Explanation:
The multiple-step income statement shows separately the income derived from primary activities (operating income) and secondary activities (net income)
Write down the factors on which supply flexibility is based.
Now the supply chain flexibility is based make to order strategy, low volumes, low switching costs and low stocks.
The factors on which supply flexibility is based were the supply chain flexibility. It was based on the order strategy. The low volumes and the low switching cost is there in it.
What is strategy?An organization's long-term objectives and the plan it has to achieve them are referred to as its strategy. In other words, it demonstrates the strategy for achieving the stated goal. The specific steps taken to accomplish the objectives in accordance with the strategy are referred to as a tactic.
The term supply-chain flexibility refers to that, The ability that makes adjustable to the production levels, The raw materials, or the purchase or transport capacity for immense benefits. They were compared to traditional supply chain management.
Therefore, As a result, The supply chain management was rigid that was not allow for rapid changes.
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1. What situations might have created the budget deficit for the Constantine family?
Answer:
The situations that might have created the budget deficit for the Constantine family are an unexpected increase in rent, higher cost of food( away), higher cost of personal gifts, and donations. The current budget deficit is $210. These are the items of expenditure that could have increased and have led to the budget deficit for the Constantine family.
Explanation:
A sudden rise in rent, greater food (away) costs, higher prices for presents for family members, and contributions are all possible causes of the Constantine family's budget shortfall.
What is a budget deficit?An overrun in spending over income results in a budget deficit, which can be a sign of a nation's financial stability. The phrase is frequently used to describe government expenditure rather than that of companies or people.
Budget deficits have an impact on the total amount a nation owes to creditors, the total of its annual budget deficits, and the national debt.
Current costs surpass the amount of money obtained via routine operations when a budget deficit is detected. A government may boost revenue-generating activities or reduce specific expenditures in order to balance the country's budget deficit, also known as a fiscal deficit.
A budget deficit may result in more borrowing, greater interest costs, and insufficient investments, all of which reduce income for the next year.
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Discuss how a government might influence private producers.
Answer:
A government can influence through taxation, subsidies, regulations, building use, prohibitions, import quotas etc.
Explanation:
Answer:
Legislation and Regulation Another way in which the government can influence the private producers is, through rules and regulations. The economies usually operate with a huge and growing amount of regulations.
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Question 7 of 10
Your company emphasizes the important of conserving (not wasting)
resources. How can you support that value when you print an 8-page report
you were asked to bring to your department's monthly meeting?
A. Use the Print option for two-sided printing.
B. Post the report online before printing it.
C. Use the Print option to create extra copies.
D. Use the Save option to choose a format readers can open.
SUBMIT
Answer:
A. Use the Print option for two-sided printing.
I'd choose A, although I don't really understand what option D means..
Suppose apples are currently selling for 50 cents a piece. Someone says that apple
sellers can't make a decent living if they sell their apples so cheaply. This person says
there should be a law stating that no one can sell an apple and no one can buy an apple
for less than 75 cents. A law to raise the income of apple sellers is suggested. What might
be an unintended consequence (effect) of this law?
the standard time required per unit of a product is 20 minutes. in a day of 8 working hours a worker gives an output of 30 units. if he gets a time rate of ` 20 per hour his total earning under halsey bonus scheme is
The bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
The Halsey bonus scheme is a productivity-based incentive system that provides workers with a bonus based on the time saved in completing their assigned tasks. Under the Halsey bonus scheme, the worker receives a percentage of the time saved as a bonus.
In this scenario, the standard time required per unit of a product is 20 minutes, which is equivalent to 1/3 of an hour (20/60). The worker is able to produce 30 units in a day of 8 working hours, which means the total time taken for production is 30 units * 1/3 hour per unit = 10 hours.
Since the worker works for 8 hours in a day, the time saved is 10 hours - 8 hours = 2 hours. According to the Halsey bonus scheme, the worker is entitled to a percentage of the time saved as a bonus. The Halsey system typically allocates 30% of the time saved as a bonus.
Therefore, the bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
In summary, under the Halsey bonus scheme, the worker's total earning would include the regular wages for 8 hours of work, which is 8 * $20 = $160, along with the bonus earned, which is $12. Hence, the worker's total earning under the Halsey bonus scheme would be $160 + $12 = $172.
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keagan wants to retire in arizona when she is 80 years of age. keagan, who is now 55, believes she will need $500,000 to retire comfortably. to date, she has set aside no retirement money. if she gets an interest rate of 6% compounded annually, she will have to invest today (use the tables in the handbook):
multiple choice $92,300 $90,500 $100,500 $116,500
The amount that Keagan should invest today is $116,500 (fourth option).
How much should be invested today?In order to determine how much to invest today, the present value of the amount that Keagan needs to retire comfortably has to be determined.
Present value is the value of the discounted cash flows from a project.
Present value = value needed in the future / (1 + interest rate)^number of years
Number of years = 80 - 55 = 25
Present value = $500,000 / (1 + 0.06)^25 = $116,500
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ChatGPT has appeared and caused some changes in the way management works. What do you think about ChatGPT? Will it help or hinder organizational performance? List out some possible advantages and disadvantages you might think of. Don’t forget to provide examples to clarify your points.
Explanation:
Advantages of ChatGPT for Organizational Performance:
1. Enhanced Efficiency: ChatGPT can help streamline communication and decision-making processes within organizations. It can quickly generate responses, answer questions, and provide information, saving time for employees.
Example: Instead of waiting for a human response, employees can instantly get assistance from ChatGPT regarding common queries, freeing up their time to focus on more critical tasks.
2. 24/7 Availability: ChatGPT can be accessed at any time, enabling round-the-clock support for employees or customers. It eliminates the need to wait for human assistance during off-hours or in different time zones.
Example: A multinational company with teams in different countries can benefit from ChatGPT's constant availability for resolving urgent queries or providing guidance.
3. Knowledge Repository: ChatGPT can serve as a central repository of organizational knowledge and information. It can store and retrieve vast amounts of data, ensuring easy access to information across the organization.
Example: Employees can quickly search and retrieve relevant documents, procedures, or guidelines from the ChatGPT system, reducing time wasted searching for information.
Disadvantages of ChatGPT for Organizational Performance:
1. Lack of Contextual Understanding: ChatGPT may sometimes struggle to understand the context of a conversation or interpret ambiguous queries accurately. It can lead to incorrect or misleading responses, potentially impacting decision-making or actions.
Example: If a user asks a question with ambiguous terms, ChatGPT may provide an inaccurate answer due to the lack of contextual understanding, leading to potential confusion or mistakes.
2. Bias and Inaccurate Information: ChatGPT learns from the data it is trained on, which can include biased or inaccurate information. If not properly curated or moderated, it may inadvertently perpetuate biases or provide incorrect information.
Example: If ChatGPT is not regularly updated with accurate information or if it is biased towards certain viewpoints, it may generate misleading or inaccurate responses, which could adversely affect decision-making.
3. Reduced Human Interaction: Over-reliance on ChatGPT may decrease human interaction within organizations, leading to decreased collaboration, creativity, and relationship-building among employees.
Example: If employees primarily rely on ChatGPT for communication, they may miss out on the benefits of direct human interaction, such as building rapport, exchanging ideas, or understanding non-verbal cues.
In conclusion, ChatGPT has the potential to provide several advantages, including increased efficiency, availability, and easy access to knowledge. However, it also presents challenges related to contextual understanding, bias, and reduced human interaction. To leverage the benefits of ChatGPT while mitigating the disadvantages, organizations should implement proper training, oversight, and validation processes to ensure accurate and unbiased responses while encouraging a balanced approach to human-AI interaction.
State four (4) activities of services that make trade easy
Answer:
tourism, banking , consulting, energy services
Explain five planning steps that are required to have a good business communication. Take any of the business as example and implement those five planning steps on it, as answer
The correct answer to this open question is the following.
Although you did not include any specific context or references, we can say the following.
The five planning steps that are required to have good business communication are the following.
1.- Establish attainable and specific goals. You can use the SMART formula.
2.- Identify who ypur audience is and where they are so you can be effective in sending your messages.
3.- Prepare the right strategy to implement your program. Have your communication department on the same page.
4.- Prepare the proper budget so you can run your program.
5.- Perform your program, monitor it, and evaluate your results.
For instance, Walmart is a corporation that makes communication a priority and invests time and money to run communications programs so every employee in the corporation is on the same page and can perform their jobs effectively, eliminate rumors, and be productive.
Melinda, who works in a jewelry store owned by Cindy, was picking up some gem stones for use in the store. On the way back to the jewelry store, she went through a drive-through fast food restaurant to get a soda. While in line, she negligently bumped the vehicle in front of her which was owned by Ralph. Melinda did not have insurance. Ralph asked Cindy to pay for the damage to his bumper. Cindy refused on the basis that she never gave Melinda authority to stop for a soda. Should Cindy be held liable
How do I file this assignment out?
These steps can be pursued to finish the task: Commence by generating a fresh record or unveiling a void sheet on your preferred word processing application.
What is the filing?Also, Craft a header for the file, like "Task: Enhancing Market Share Strategy. "
Start composing your reply to the task prompt. You may organize your reply in distinct sections or paragraphs to cover every point effectively. As a case in point, commencing with an opening that succinctly elaborates on the assignment's prompt and grants a synopsis of the idea of enhancing market share could be a prudent approach.
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Direct examples of the functions of a financial system include
(Select all that apply.) ?
1. a business owner accepting payments via PayPal
2. a bank hiring three new tellers when a new branch opens
3. ensuring that personal information entered electronically is safe
4. a financial institution extending a line of credit to a small business
What is Supply Chain?
Answer:
Hello, I'm here to help you.
Explanation:
Supply Chain: Is a network between a company and its suppliers to produce and distribute a specific product or service.
illustrate the effect that a decrease in a price of milk (an input of ice cream) would have on the market for ice cream.
A decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
A decrease in the price of milk is likely to have a direct effect on the market for ice cream. Milk is a key ingredient in the production of ice cream, and so a decrease in the price of milk would lead to a decrease in the production cost of ice cream. The impact of this decrease in production cost will result in an increase in the supply of ice cream. The supply curve will shift to the right, showing that more ice cream is available for sale at any given price.
This means that the equilibrium price of ice cream will decrease because suppliers are willing to sell more ice cream at lower prices due to lower production costs. As a result, consumers would demand more ice cream because they would be able to purchase it at a lower price. This increase in demand would cause the demand curve to shift to the right, further increasing the equilibrium quantity of ice cream traded in the market.
Therefore, a decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
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A sports coach running a junior coaching program was interested in examining the differences in children’s fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child’s fitness performance score. She ran an ANOVA with the predictor variable ‘coaching regime’, which had four categories, ‘Yellow group’, ‘Green group’, ‘Pink group’ and ‘Purple group’; the outcome variable was ‘fitness performance score’.
Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?
The way that her findings is going to be interpreted is There is a significant difference in children's fitness performance score by coaching regime.
How to find out if the findings are significantThe level of alpha has to be set to 0.05
The question tells us that the probability is 2 percent (0.02)
Given that 0.05 is greater than 0.02 we have to conclude that there is a significant difference in the scores of all of these students in the performance that they did.
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Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the first process. During November, the first process transferred 715,000 units of product to the second process. Additional information for the first process follows. At the end of November, work in process inventory consists of 201,000 units that are 90% complete with respect to conversion. Beginning work in process inventory had $416,780 of direct materials and $201,578 of conversion cost. The direct material cost added in November is $2,789,220, and the conversion cost added is $3,829,972. Beginning work in process consisted of 80,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 80,000 were from beginning work in process and 635,000 units were started and completed during the period.
Required:
Determine the equivalent units of production with respect to direct materials and conversion.
Answer:
Equivalent units : Direct materials = 916,000 units and Conversion = 895,900 units
Explanation:
Calculation of equivalent units of production with respect to direct materials and conversion.
1. Direct Material
Ending Work In Process Inventory (201,000 × 100%) = 201,000
Completed and Transferred Out (715,000 × 100 %) = 715,000
Equivalent units of production with respect to direct materials = 916,000
2. Conversion
Ending Work In Process Inventory (201,000 × 90%) = 180,900
Completed and Transferred Out (715,000 × 100 %) = 715,000
Equivalent units of production with respect to direct materials = 895,900
A benefit of a monopoly is：
a. greater creativity by authors who can copyright their novels.
b. a wide variety of similar products.
c. decreasing long-run average total costs.
d. lower prices.
A benefit of a monopoly is: a. greater creativity by authors who can copyright their novels.
What is monopoly?Because they give artists and innovators the chance to acquire exclusive rights and financial rewards through intellectual property rights, such as copyright protection, monopolies may be an incentive for creativity and innovation.
Knowing that they may enjoy exclusive ownership and possible financial advantage from their works might motivate authors to invest in producing original and distinctive works.
Therefore the correct option is A.
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Draw the organization chart of an organization with which familiar
The organization chart of an organizzation that a person is familiar with can be the education sector. The chart can begin with the chancellor if the school, the vice chancellor, the dea, college secretary, administrative head, and the departmental heads.
What is an organization chart?An organization chart refers to an image that shows the line up of heads in an institution and the ways in which they are related.
For a school,the organization chart can begin with the chancellor, the vice chancellor or vicechancellors as the case may be, the dean of studies, the college secretaries and the adminstrative ehads.
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What should you do to streamline the purchasing process once the customer approves an estimate?
You should copy it to a purchase order.
I hope this helps!!!
solve this challenge delay in payment of contribution by employee, by going through these steps, identify the problem, identify the alternative solution, evaluate alternative solution, select the best Alternative, implementation and follow up .in Zanzibar social security fund
To address the issue of delayed payment of contributions by employees to the Zanzibar Social Security Fund, it is crucial to follow a systematic approach.
How can the problem of delayed payment of contributions be addressed?Firstly, the problem needs to be identified which is the delay in payment of contributions by employees. This delay will result in financial instability for the fund and may hinder its ability to provide social security benefits to its members in a timely manner.
The alternative solution to this problem could be implementing stricter enforcement measures and penalties for late payments. By imposing significant fines or penalties for delayed contributions, employees would be incentivized to make timely payments to the fund.
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QUESTION 1 of 10: Which is the best job-seeking resource?
O a) Newspaper
Ob) Cold calls
c) The web
d) None of the above
The web is the best job-seeking resource. Therefore option C is correct.
What is WEB?The World Wide Web, a portion of the Internet that consists of pages that can be accessed by a Web browser, is more commonly referred to as the "Web." The Web and the Internet are frequently used interchangeably because of this presumption.
The global server network that enables information sharing on the Web is actually referred to by the word "Internet." Therefore, even though a sizable amount of the Internet is made up of the Web, they are not the same thing.
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________ shows the actual performance of ads in terms of awareness, costs efficiency, or sales and those that don't do well may be dropped.
Understanding of a condition or subject at the present moment based on information or experience: Politicians will take the issue seriously if the public is aware that it exists. Throughout the past ten years, there has been a significant rise in environmental consciousness.
What is awareness?
Being conscious will help you understand your beliefs and whether or not they are limiting you. If you are conscious, this will give you information, and if you have knowledge, you will know what to do and where to go to make the necessary adjustments in order to advance and succeed.
the quality or state of being cognizant, knowledgeable, or aware. Attention, trepidation, awareness, familiarity, and alertness. Free Dictionary. possessing wisdom or expertise regarding something.
In order to change people's attitudes, behaviors, and beliefs in order to accomplish a certain objective or goal, awareness-raising involves educating and informing them about a topic or issue.
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A Scrum Master is frustrated that her team finds no value during Iteration retrospectives, and the team has asked that she cancel all future ones. Which two specific anti-patterns are most likely present within the team’s retrospectives? (Choose two.)
Answer:
These two anti-patterns are most likely present within the team's retrospectives:
First, Team A members are not acquiring new knowledge and gaining experience. This anti-pattern discourages the team and makes the iteration retrospectives valueless. Team A members are supposed to be learning and gaining experience during the iteration retrospectives. But, once this is not being achieved, the members will likely not value the continued iteration retrospectives.
Two, the iteration retrospectives may become some ritualized formats that never change. There is no current or life in any static object or meeting. The Scrum Master should ensure that the iteration retrospectives are not just her retrospectives but the groups', otherwise, the retrospectives may become mere rituals for the team members to listen up to their master. The Scrum Master must establish a culture of trust so that the team can focus on improvements of the Scrum process.
Explanation:
The role of the scrum master is to ensure that the team lives agile values and principles and follows the agreed processes and practices. She must be able to clear team obstacles and establish an enabling and effective team environment.
Anti-patterns are those obstacles or problems that may arise to prevent the team from achieving its goals, making team members to view the iteration retrospectives as valueless exercises.
Scrum is an agile product development framework that emphasizes team formation, teamwork, and an effective team environment. This ensures that project development is handled in iterative processes with the team members regularly reflecting on their experiences during the daily scrum meetings in order to make adjustments for the achievement of their project goal.
The anti-patterns that are present within the teams' retrospectives are:
A. the team identifies improvements but is not allowed to address them, and
B. the team doesn't identify and commit to improvement items for how they do their work.
A scrum master is a person who performs scrum in the organization. it is the practice where people have the capability to identify complex problems, solve them, and deliver them in good quality.
An iteration retrospective is known as a process in which all the team members gather together for the discussion of the result of various iterations.
In the given case, the two anti-patterns are:
A. The team has identified the improvements but they are not allowed to address them. It is a process under the scrum that the team has the right to identify, rectify, and work on the improvements. When the team is not allowed to address the improvemets therefore they thought that the iteration process is not necessary.
B. The team does not identify and commit improvements and work upon them. This can be taken as a fault of the scrum managers or the scrum team for neglecting the team.
Therefore, options band B are correct.
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1. Of the 4 strategic approaches to international markets, which one(s) might be the best for a manufacturing company? a financial services company? or a company like Coke or Pepsi? Thoughts? 2. What strategy option for entering a foreign market might you employ if your firm is technology-centric? 3. What strategy option for entering a foreign market might you use if you were a start-up or smaller firm? 4. Why is the Think Global- Act Local strategy appear to be the best for many companies wishing to go global?
Answer:
1a. For manufacturing company– Buying a local manufacturing company
b. For a financial services company– Partnership
c. A company like Coke or Pepsi– Greenfield Investments
Explanation:
1a. Buying a local company saves valuable resources for the foreign manufacturing, and it allows for quick market knowledge since this company has already been in operations for a long time.
b. A partnership would be best for a financial services company, this would involve a smooth transition into new markets without having to spend much on physical structures as the domestic company is already having necessary infrastructures in place.
c. Coke and Pepsi would preferably choose to use the Greenfield investment strategy by building a new plant from the ground up because of its established quality standards as well as trade mark and intellectual property protection.
2. A technology-centric firm would benefit most by buying a Company because of the already available market share as well as benefiting from reduced government regulations.
3. If one is operating a start-up or smaller firm of course cost would be a major consideration, therefore selling out License to foreign companies may be effective. This would transfer the rights to use a product or service in a different market geography.
4. It provides a good foresight into the requirements needed to enter foreign markets.
Where would your client navigate to view the status of a bill payment that was paid using Bill Pay powered by Melio?
Here are the steps:
Go to the Reports menu on the left pane.Select Bills and Applied Payments from the What you owe section.Click the Customize button at the top.Go to the Rows/Columns drop-down, and then check the box for the Tracking # and other info you want to include it.I hope this helps!!!
Job 731 was recently completed. The following data have been recorded on its job cost sheet: Direct Materials: $2,500 Direct Labor hours: 100 Direct Labor wage rate: $10.00 per hour The company applies manufacturing overhead on the basis of direct labor cost. The pre-determined overhead rate is 150% of direct labor cost. The total cost that would be recorded on the job cost sheet for job 731 would be:
Answer:
Total cost= $5,000
Explanation:
Giving the following information:
Job 731:
Direct Materials= $2,500
Direct Labor hours= 100
Direct Labor wage rate: $10.00 per hour
First, we need to calculate the direct labor cost and then allocate overhead:
Direct labor= 100*10= $1,000
Allocated overhead= 1,000*1.5= $1,500
Total cost= 2,500 + 1,000 + 1,500
Total cost= $5,000
Finding out how a product or service will do in a certain market is an example of this use of market research: identify if communications are effective identify if customer needs are being met identify threats and investigate the competition identify value lark this and retum Save and Exit Next
Answer:
identify value
Explanation:
Finding out how a product or service will do in a certain market is an example of this "IDENTIFY VALUE" market research. This will help the producers understand and know what the consumers want and the degree of value they placed on their products.
identify if communications are effective is used determine who the consumers are and the type of media preferred.
identify if consumer needs are being met is used to determine what customers like or dislike about a product or service.
identify threats and investigate the competition is used to determine changes in consumer preferences and competition
Mark and Ryan just moved into their first apartment together and they want to buy a flat screen TV for the living
room. They both work but between college tuition, books and rent their funds are running low. Mark decides to take
advantage of a financing offer from a local electronics store and buys the TV on a line of credit.
Is this a good or bad debt move? Why?
Answer:
I need points sorry plss forgive I really need it pls