Answer:
Explanation:
The concentration unit necessary for the calculation of vapor pressure lowering is the mole fraction. This is because vapor pressure lowering is directly proportional to the number of solute particles in a solution which is represented by the mole fraction.
In more detail, vapor pressure lowering is a colligative property of a solution, which means that it depends on the concentration of solute particles rather than the identity of the solute.
The vapor pressure of a solution is lower than that of the pure solvent because the solute particles occupy space at the surface of the solution and thus reduce the number of solvent molecules that can evaporate into the gas phase.
The degree of vapor pressure lowering is proportional to the mole fraction of the solute which is the ratio of the number of moles of solute to the total number of moles in the solution.
This is because the mole fraction represents the fraction of particles in the solution that are solute particles which directly influences the reduction in the number of solvent particles that can evaporate.
In summary, the mole fraction is the concentration unit necessary for the calculation of vapor pressure lowering because it represents the fraction of solute particles in a solution that directly influences the reduction in the number of solvent particles that can evaporate.
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1. what is meant by ‘mass customisation’ and why is this so beneficial? 2. what are the key differences between direct marketing by email or sms and direct marketing by post?
Mass customization refers to the process of delivering products or services that are tailored to the specific needs and preferences of individual customers, while still maintaining the efficiency and scalability of mass production. This means that businesses are able to offer a wide range of customized options to their customers at a reasonable cost.
This approach is beneficial because it allows companies to provide personalized experiences to their customers, which can increase customer loyalty and satisfaction. It also enables businesses to differentiate themselves from competitors and improve their market position. The key differences between direct marketing by email or SMS and direct marketing by post lie in their respective delivery channels and audience targeting. They are also more measurable, with the ability to track open rates, click-through rates, and conversion rates.
On the other hand, direct marketing by post may be more effective for targeting specific segments of the population, such as older consumers who are less likely to use digital channels. Additionally, direct mail can offer a more tactile and personalized experience, with the use of creative materials and direct mail pieces tailored to individual customers. However, direct mail can be more costly and time-consuming to produce and deliver.
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Mass customisation refers to the process of producing goods or services tailored to individual customer preferences while maintaining the efficiency and affordability of mass production.
This approach is beneficial as it allows companies to meet diverse customer needs, enhance customer satisfaction, and gain a competitive edge in the market.
Regarding direct marketing, there are key differences between email/SMS and postal methods. Email and SMS marketing offer advantages such as lower costs, faster delivery, and easier performance tracking. However, they may face issues with spam filters or lack of personal touch. Direct marketing by post, on the other hand, incurs higher costs and slower delivery times but can provide a more tangible and personalized experience for the recipient, potentially leading to higher engagement rates. Both methods have their own merits, and companies must choose the most suitable approach based on their target audience and marketing objectives.
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You want to find the value of a corporate bond with an annual coupon rate of 6%, making semi-annual coupon payments for 7 years, after which the bond matures, and the principal must be repaid. Assume a current YTM of 7%. (round to the nearest cent) (DO INCLUDE COMMAS OR $} What is the market price of a $1,000,9 percent bond if current market interest rates drop to 7 percent and the bond matures in 12 years? Round to nearest cent. DO NOT INCLUDE COMMAS OR S. You want to invest in Costco Stock and would like to know the potential returns of the stock. You notice that COST has a beta of 0.67. You look up the 10-year treasury bond Yield to Maturity (YTM) and notice the going rate of return on T-Bills is 3.78%. You are given that the market return for COST stock and its sector is 5%. What is the estimated rate of return on COST (round your answer to two decimal places) [DO NOT USE % SIGN...IF THE ANSWER IS 12.3% TYPE 12.3)? Assume Edward purchased 100 shares of Tesla stock immediately after COVID-19 lockdowns were announced on March 16th at an initial price of $89.01 per share. Today, he is thinking of selling his shares for the current market price of $704.74 per share. Tesla does not distribute dividends. What is Edward's expected return ratio? Round answer to two decimal places. WRITE YOUR ANSWER AS A PERCENTAGE... FOR EXAMPLE, WRITE 12.56 FOR 12.56% AND NOT .12563.
1.) The market price of the $1,000, 9% bond with a YTM of 7% and maturity in 12 years is approximately $1,027.12.
2.) The estimated rate of return on Costco stock is approximately 4.60%.
3.) Edward's expected return ratio on his investment in Tesla stock is approximately 692.92%.
1.) Market price of a corporate bond:
To calculate the market price of the bond, we need to determine the present value of the bond's future cash flows, which include the coupon payments and the principal repayment.
Given that the bond has a 6% annual coupon rate and makes semi-annual payments, the coupon payment per period would be $30 (0.06 * $1,000 / 2). Assuming a yield to maturity (YTM) of 7%, we can use the present value formula to calculate the market price of the bond.
Using a financial calculator or spreadsheet, we can calculate the market price of the bond as the present value of the coupon payments and the principal repayment, discounted at the YTM for each period. For a bond with 14 periods (7 years * 2 semi-annual periods) and a YTM of 7%, the market price would be approximately $1,027.12.
2.) Estimated rate of return on Costco stock:
The estimated rate of return on Costco stock can be calculated using the Capital Asset Pricing Model (CAPM), which takes into account the risk-free rate (10-year treasury bond YTM), the stock's beta, and the market return. Using the given data, the estimated rate of return on Costco stock would be:
Rate of return = Risk-free rate + Beta * (Market return - Risk-free rate)
= 3.78% + 0.67 * (5% - 3.78%)
= 3.78% + 0.67 * 1.22%
≈ 4.60%
Therefore, the estimated rate of return on Costco stock is approximately 4.60%.
3.) Edward's expected return ratio:
The expected return ratio can be calculated using the formula:
Expected Return Ratio = (Current Market Price - Initial Purchase Price) / Initial Purchase Price * 100
Applying this formula, the expected return ratio for Edward's investment in Tesla stock would be:
Expected Return Ratio = ($704.74 - $89.01) / $89.01 * 100
≈ 692.92%
Therefore, Edward's expected return ratio on his investment in Tesla stock is approximately 692.92%.
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Information on Kwon Manufacturing’s activities for its first month of operations follows:
Purchased $101,200 of raw materials on credit.
Materials requisitions show the following materials used for the month. Job 201 $ 49,400
Job 202 24,800
Total direct materials 74,200
Indirect materials 9,820
Total materials used $ 84,020
Time tickets show the following labor used for the month.
Job 201 $ 40,400
Job 202 13,800
Total direct labor 54,200
Indirect labor 25,400 Total labor used $ 79,600 Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost.
Transferred Job 201 to Finished Goods Inventory.
(1) Sold Job 201 for $167,360 on credit. (2) Record cost of goods sold for Job 201.
Incurred the following actual other overhead costs for the month. Depreciation of factory equipment $ 33,200
Rent on factory building (payable) 620
Factory utilities (payable) 920
Expired factory insurance 4,200
Total other factory overhead costs $ 38,940
1. Prepare a job cost sheet for Job 201 and for Job 202 for the month.
2. Compute gross profit on the sale of Job 201.
Complete this question by entering your answers in the tabs below. Prepare a job cost sheet for Job 201 and for Job 202 for the month.
Job Number 201 Job Number 202
Materials $49,400 $24,800
Labor 40,400 13,800
Overhead Total cost $89,800 $38,600
Compute gross profit on the sale of Job 201. Job 201
Gross Profit
The gross profit on the sale of Job 201 is $77,560. To compute the gross profit on the sale of Job 201, we need to subtract the cost of goods sold (which includes direct materials, direct labor, and overhead) from the selling price of the job.
Based on the information provided, the selling price of Job 201 is $167,360. The total cost of Job 201, as calculated from the job cost sheet, is $89,800. To determine the cost of goods sold, we subtract the cost of Job 201 from the total cost of the job. Therefore, the cost of goods sold for Job 201 is $89,800 - $0 = $89,800. Finally, we calculate the gross profit by subtracting the cost of goods sold from the selling price: $167,360 - $89,800 = $77,560. Therefore, the gross profit on the sale of Job 201 is $77,560. This represents the amount of revenue earned from the sale of Job 201 after deducting the direct and indirect costs associated with producing the job.
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our self-talk consists of words pictures and emotions. as we imprint our affirmations we
Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.
What are the four categories of self-talk?Your inner discourse is known as self-talk.
Personalizing. You own all of the guilt for yourself.
Magnifying.
Catastrophizing.
Polarizing.
What are the five tiers of one's own self-talk?Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.
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Barbara found a 1099-Int from her bank while spring cleaning. She knew right away that she did not give this to her accountant for her tax preparation. What can she expect from the IRS?
Answer:
In simple words, A 1099-INT tax return is proof that you were paid interest by someone – a bank or another company. A 1099-INT is sent if you received more than $10 in interests from a bank, stockbroker, or other commercial organization Your bank may have sent you this tax form because it paid your income on your funds.
Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Need Help
What does having a positive attitude mean in terms of work behavior?
(six sentences)
Adrian owns an older used car that is valued at about $1,000.
He is considering whether to change his car insurance policy.
He has the option to purchase additional coverage for $200/month that will protect his vehicle if it is damaged in an accident. If there is an accident, the insurance company will pay Adrian the amount his vehicle is worth.
Purchasing insurance can help Adrian risk.
Adrian’s best decision in this case is to because the policy is
Answer:
Purchasing insurance can help Adrian minimize risk. Adrian’s best decision in this case is to not buy the insurance because the policy is too expensive in relation to the value of his vehicle
Adrian can reduce risk by buying insurance. The wisest course of action for Adrian in this situation is to refuse to purchase the insurance because the premiums are too high in comparison to the worth of his car.
What is insurance?A party promises to compensate another party in exchange for a fee in the case of a certain loss, damage, or injury as a way of financial loss protection. It is a method of risk management that is primarily employed to protect against the risk of a potential loss.
An insurer, insurance business, insurance carrier, or underwriter is a corporation that offers insurance. A person or company that purchases insurance is referred to as a policyholder, while someone or anything that is protected by the policy is referred to as an insured.
The insurance policy that the insured gets outlines the terms and circumstances under which the insurer will make payments to them, their chosen beneficiary, or assignee.
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Does Caroline have any closed accounts? How long does a closed account stay on a person’s credit report?
Answer:
add yxlhjtxhlxitfitgysouiyfisiyghxjlx iehjjjgjHZ
Explanation:
kydyhshlxluludlidlharuskydykstkdulkSltsluskydhkSORRY FOR THIS
State, in brief, with reasoning, whether following statement is correct/incorrect: “One cannot be everything to everyone, but can be everything to a selected few”.
Answer:
Yes the statement is correct.
Explanation:
The statement is given by Matt Cheuvrant. In business the statement is absolutely correct that you can not satisfy the need of all the customers. A business cannot offer a product at less than its cost if a customer cannot afford it. Also an organization cannot start manufacturing a product because one customer demands it. If the company decides to satisfy all his customers by offering a large variety of products it may result in establishing in-house competition resulting in declining profits from both the products. If the company tries to give everything to every one this enhances its risk of failure resulting nothing in its own hands.
Businesses should focus on a single product and try to create a niche market. The product should be unique and its features should be extensively different from the other competitive products available in the market. This creates heavy switching cost to customers which ensures the business that customers will retain loyal to it. You can everything for few customers. They will not want to leave you because of your product specific features that are not available in the market.
describe what a marketer can do to overcome the main challenges associated with selling solutions.
It's important to continuously listen to customer feedback, adapt messaging and strategies accordingly, and iterate to improve the solution's market fit and customer satisfaction.
Selling solutions, as opposed to individual products or services, can present unique challenges for marketers. These challenges often arise from the need to understand customer pain points, communicate the value of the solution, and address potential objections. Here are some strategies marketers can employ to overcome these challenges:
1. Customer Research and Needs Analysis: Marketers should conduct thorough research to understand their target audience's pain points, challenges, and goals. This involves gathering consumer feedback, conducting surveys or interviews, and analyzing market trends. By understanding customers' needs, marketers can tailor their solution and messaging to directly address those pain points.
2. Value Proposition Development: A compelling value proposition is crucial for selling solutions. Marketers should clearly articulate the unique benefits and value that their solution provides. This can be achieved by highlighting how the solution solves specific problems, improves efficiency, reduces costs, or enhances overall outcomes. Presenting a clear value proposition helps differentiate the solution and make it more appealing to potential customers.
3. Educating and Demonstrating: Since solutions are often more complex than individual products, marketers should focus on educating potential customers about the solution's features, capabilities, and benefits. This can be done through various means, such as product demonstrations, case studies, webinars, or informative content. Providing clear and concise information helps potential customers understand how the solution can meet their needs and overcome their challenges.
4. Building Trust and Credibility: Establishing trust is crucial when selling solutions. Marketers can achieve this by showcasing the solution's track record, success stories, and testimonials from satisfied customers. Building credibility through thought leadership content, industry partnerships, or certifications also helps instill confidence in potential buyers that the solution is reliable and effective.
5. Addressing Objections and Risks: Potential customers may have concerns or objections when considering a solution. Marketers should proactively address these objections by providing relevant information, data, or case studies that demonstrate the solution's effectiveness. Offering trial periods, money-back guarantees, or favorable return policies can help mitigate perceived risks and give customers the confidence to try the solution.
6. Collaborating with Sales and Customer Success Teams: Effective communication and collaboration between marketing, sales, and customer success teams are crucial in selling solutions. Sharing insights, customer feedback, and market trends can help sales representatives address customer concerns more effectively and tailor their approach. This collaboration ensures a seamless transition from marketing efforts to sales conversations and post-sales support.
By adopting these strategies, marketers can better position and sell their solutions, overcome customer objections, and demonstrate the value and benefits of their offerings.
It's important to continuously listen to customer feedback, adapt messaging and strategies accordingly, and iterate to improve the solution's market fit and customer satisfaction.
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Which statement best defines tuition?
Tuition is federal money awarded to a student.
Tuition is aid given to a student by an institution.
Tuition is money borrowed to pay for an education.
Tuition is the price of attending classes at a school.
Answer:
D
Explanation:
Edge 2021
The statement that best describes tuition is the price of attending classes at a school.
What is tuition?Tuition is the payment made by a student for instruction or lessons received at a college or university. The tuition payed by a student depends on:
the complexity of the course: the more complex the course is, the higher tuition would be.the duration of the course: the longer the course is, the higher tuition would be.To learn more about tuition, please check: https://brainly.com/question/16882987
What are development banks?
Answer:
A financial institution that provides risk capital for economic development projects on non commercial basis. They are often established and owned by governments or charitable institutions to provide funds for projects that would otherwise not be able to get funds from commercial lenders.
Source: Wikipedia
rocky mountain bottling company produces a soft drink that is sold for a dollar. at production and sales of 1,000,000 units, the company pays $700,000 in production costs, half of which are fixed costs. at that volume, general, selling, and administrative costs amount to $300,000, of which $50,000 are fixed costs. what is the amount of contribution margin per unit?
The difference between the selling price per unit and the variable cost per unit is the contribution margin per unit. In the breakeven analysis, which is also known as the cost-volume-profit analysis.
This is used to calculate the breakeven point.
How is commitment edge determined?
Commitment edge is determined as Income - Variable Expenses. The commitment edge proportion is determined as (Income - Variable Expenses)/Income
What is commitment edge versus gross edge?
Commitment edge considers just the variable expenses of making an item or administration, while gross edge thinks about all immediate expenses of creation.
First, figure out all of the variable costs.
($800,000 x 0.50) plus (250,000 - 70,000) equals $580,000 in variable costs.
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Does the Federal Reserve pay taxes?
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
Which deduction generally makes up the largest portion of income subtracted from an employee?
A) taxes
B) unemployment
C) health benefits
D) 401K retirement
Answer:
it's taxes
EXPLANATION:
7
A business negotiates a bulk buying discount with its suppliers. The immediate effect on the
business of this action will be:
(1 Point)
A) Sales revenue will fall and profits will increase
B) Sales revenue will remain the same and profits will increase
C) Sales revenue and profits will fall
D) Sales revenue will remain the same and profits will fall
The immediate effect on the business of negotiating a bulk buying discount with its suppliers would be Sales revenue will remain the same and profits will increase. The correct option is B.
When a business negotiates a bulk buying discount with its suppliers, the cost of goods sold (COGS) decreases, allowing the business to increase its profit margin. This means that while sales revenue may remain the same (since the business is still selling the same amount of products), profits will increase because the business is spending less money on acquiring those products.
However, since the business is buying in bulk, it may initially spend more on inventory, which could affect cash flow. However, this would not directly impact sales revenue, which would likely remain the same, assuming that the business maintains the same pricing strategy for its products.
The correct option is B.
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Can anyone help me?
Saving money allows u to set more aside in a(n) ____ fund
Emergency
Bond
Exchange
Answer:
Saving money allows you to set more aside in an Emergency fund.
find the sum of 2x kg and 5x g. Give the answer in grammes.
Answer: 3,600 g
Explanation:
you and your buddy want to start a new landscaping business. you equally invest in the equipment you need to get started. you will both be equally responsible for the work and will share the profits equally. after investigating the possible forms of business entities available, you decide a partnership would be the best for your landscaping business.what do you think you might need to do to form a partnership?
If after investigating the possible forms of business entities available, you decide a partnership would be the best for your landscaping business. what you think you might need to do to form a partnership is : A. You and your buddy just need to agree to be partners.
What is partnership?Partnership can be defined as they way in which two or more people or two parties enter into a business in which the both parties involve in the business agreed to the terms and condition of the partnership.
In a partnership both parties involve tend to share the profit and loss incurred in the business together.
Based on the scenario what both of them might need to do to so as to form a partnership is that both them need to agreed to be partners.
Therefore the correct option is A.
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The complete question is:
You and your buddy want to start a new landscaping business. You equally invest in the equipment you need to get started. You will both be equally responsible for the work and will share the profits equally. After investigating the possible forms of business entities available, you decide a partnership would be the best for your landscaping business.
What do you think you might need to do to form a partnership?
A. You and your buddy just need to agree to be partners.
B. You and your buddy must sign a written partnership agreement.
C. You and your buddy must register your landscaping business with the county clerk.
D. You and your buddy must file a certificate of organization with the government.
True or False: A marketing group of all gay men would be considered diverse.
False. A marketing group of all men would not be considered diverse.
A marketing group consisting of all men would not be considered diverse in terms of diversity in a broader sense. Diversity encompasses a wide range of characteristics and attributes, including but not limited to race, ethnicity, gender, age, disability, and socioeconomic background.
While having a group of all gay men may represent diversity in terms of sexual orientation, it does not encompass other dimensions of diversity. To be considered diverse, a group should ideally include individuals from various backgrounds, identities, and perspectives, representing a broader range of diversity factors.
Promoting diversity in marketing efforts typically involves considering and including a diverse range of people, experiences, and perspectives to better reflect and engage with the diverse customer base and society as a whole.
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which of the following examples describes a group, not a work team? a. the bachelorette bunch meets once each week to socialize and watch their favorite television program. b. the carnival committee meets once each month to prepare for next year's summer fundraiser. c. all members of the editorial staff meet every tuesday morning for a project status update. d. all company sales representatives attend the annual sales conference in hawaii.
The example that describes a group, not a work team, is option A - "The Bachelorette bunch meets once each week to socialize and watch their favourite television program."
A group is a collection of individuals who come together for a common purpose, interest or activity. In this example, the individuals gather together to watch a television program and socialize, but there is no common goal or objective that they are working towards as a team.
In contrast, options B, C, and D describe work teams. A work team is a group of individuals who collaborate and work together to achieve a common goal or objective.
In option B, the carnival committee meets to plan and prepare for a fundraiser.
In option C, the editorial staff meets for a project status update, indicating that they are working together towards a shared project.
In option D, the sales representatives attend a sales conference, indicating that they are working together to improve sales performance for the company.
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what challenges might people living in a county or state with a high concentration of subprime scores be facing as a result of the low credit scores?
The challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:
I. Poverty.
II. Famine and hunger.
III. Low level of healthcare.
A credit score can be defined as a numerical expression ranging 300 to 850, which typically represents an individual's financial history and credit worthiness.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a credit (money) from a potential lender and vice-versa.
In the U.S, the ratings of a credit score by FICO include the following;
A credit score ranging from 670 to 739 is considered to be a good credit score.A credit score of 740 to 799 is better.A credit score of 800 to 850 is considered to be excellent.In this context, the challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:
I. Poverty.
II. Famine and hunger.
III. Low level of healthcare.
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Due to financial distress, shareholders may invest in Blank______ risk projects, at the expense of bondholders. Multiple choice question. high no low
Shareholders may invest in high risk projects at the expense of bondholders because of financial distress.
What is high risk projects?This refers to projects that have a sweeping impact on the organization and pose significant threats to the project team's ability to deliver.
Therefore, the Option A is correct.
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Select the correct answer. What is a SWoT analysis?
A. marketing strategy
B. a market research strategy
C. a strategy to spot opportunities D. a strategy to allocate resources E. astrategy to understand resource allocation
Answer:
B
Explanation:
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis (or SWOT matrix) is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.
Answer:
I think its C.
Explanation:
I'm trying to find the answer, too, but I know it's not B because I got it wrong before. D and E don't match SWOT at all, so those are out. It's either A or C. C seems the better bet though, as what I've learned from the internet, it helps in deciding a market research strategy, not being one itself.
So C is the right answer from using the process of elimination.
g the statement of cash flows is needed to show the total change in cash and the reasons for the change true false
It is true that the statement of cash flows shows how the cash balance changed during a specific time period. Cash flows from operating, investing, and financial operations are displayed.
What Are the Steps in Cash Flow?
Cash flow is the difference between the net amount of money and money equivalents that enters and leaves a business. Inflows and outflows are represented, respectively, by money received and expended.
An illustration of cash flow
Cash flow from operations includes expenditures made in the regular course of business. These cash outflows include things like payroll, the price of goods sold, rent, and energy costs. Cash outflows may vary considerably when corporate operations are highly seasonal.
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. fundamental trends driving decisions about effective organizational structures in the 21st century include: group of answer choices a) the internet. b) globalization. c) speed of decision making. d) all of the above e) none of the above
In the twenty-first century, (B) diversity is one of the fundamental trends influencing choices concerning efficient organizational structures.
Multifunctional organizational structure: Advantages and Disadvantages
-allocating assignments to operational specializations allows employees to focus on just one part of the assigned paperwork.
-permits utilization of the most recent required skills
-gains a good performance management system
Cons: The functionalities can't be coordinated well enough.
-limited viewpoints and disparities between the operational units' agendas
*Integrating tools (understanding the project or working on this issue) are employed within those kinds of businesses to improve coordination and to make it easier for different departments to comprehend one another.
Formal Organisational Frameworks: The 5 kinds
1. Efficient organizational design
2. Organizational Structure That Is Useful
3. Divisional Organization
SBU's parent organization
4. The organisational matrix
5. Product-Team Organization
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Explain what diversification means and how it can help manage risk. (Answer in 3-5
sentences)
Answer:
See below
Explanation:
Diversification involves investing in different and diverse classes of assets. In diversification, the investor opts to spread his capital in several investment options rather than focusing on one investment vehicle.
Diversification is a risk management strategy. Since investments are spread in different classes of assets, the investor does not suffer total losses should the market progress in the unexpected direction one class of investments. Investment tools do not react the same to market events. In the case of uncertainties, some investments will make losses and other profits. This way, the investor's capital will not be wiped out.
Seven years ago, Elise Damato started a business specializing in dog walking and dog grooming. After the first year, her pet food supplier started giving Elise a cash discount of 2.25% on any amount paid within 15 days of the invoice date. On October 25, Elise bought pet food costing $1,064. On November 8, Elise paid $800 on the purchase. Compute the unpaid balance. (This problem involves the partial payment of an invoice within the discount period.)
Answer:
The answer is $246
Explanation:
Solution
Recall that:
The cash discount from the supplier = 2.25%
Elise purchased pet food for an amount = $1064
On 8 November she paid for a purchase of = $800
The next step to take is to calculate for he unpaid balance as stated from the question given.
Now,
The total amount due = 1064
The amount paid within the period of credit =$800
The cash discount = 2.25%
The corresponding amount of payment before credit for cash discount is = (B/1-C)
Which is = 800/1-2.25%
800/0.977
=818.4
Therefore the unpaid balance is = $1064-818.4
= 245.6 or 246
Sales+revenue+in+period+1+is+$100,000+and+food+cost+is+40%.+sales+revenue+in+period+2+is+$104,000+and+food+cost+is+44%.+the+percent+change+in+food+cost+percentage+from+period+1+to+period+2+is:__.
The percent change in food cost percentage from period 1 to period 2, if sales revenue in period 1 is $100,000 and food cost, is 40% and sales revenue in period 2 is $104,000 and food cost is 44% is 14.4%.
To calculate the percent change in food cost percentage from period 1 to period 2, we use the formula:
((Food cost in period 2 - Food cost in period 1) / Food cost in period 1) * 100
Let's calculate it using the given information:
Food cost in period 1 = Sales revenue in period 1 × Food cost percentage = $100,000 × 0.40 = $40,000
Food cost in period 2 = Sales revenue in period 2 × Food cost percentage = $104,000 × 0.44 = $45,760
((45,760 - 40,000) / 40,000) × 100 = 14.4%
Therefore, the percent change in food cost percentage from period 1 to period 2 is 14.4%.
Learn more about food cost percentage: https://brainly.com/question/29829642
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