Option c.purchasing a fleet of their own delivery trucks and choosing the most effective routes is the correct answer as it does not clearly represent a strength for unilever without additional information or context.
option c. purchasing a fleet of their own delivery trucks and choosing the most effective routes is not an example of a strength for unilever.
strengths are internal factors that provide a competitive advantage or positive attributes to a company. let's analyze the given options:
a. manufacturing 95% of their products locally: this is a strength for unilever as it indicates their ability to have control over the production process, ensure quality standards, reduce transportation costs, and support local economies.
b. william level seeing a manufacturing future for south africa in 1887: this historical reference highlights unilever's visionary leadership and long-term perspective, which can be considered a strength in terms of their ability to foresee opportunities and adapt to changing business environments.
c. purchasing a fleet of their own delivery trucks and choosing the most effective routes: this option does not represent a strength for unilever. while it mentions a specific action related to logistics and delivery, it does not inherently indicate a competitive advantage or positive attribute for the company. without further context or details, it is difficult to assess its significance as a strength.
d. their "brands with purpose" initiative making a difference in their communities: this demonstrates unilever's commitment to social responsibility and sustainability, which can be seen as a strength in terms of building positive brand reputation, attracting socially conscious consumers, and creating a positive impact on communities.
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Which of the following is a characteristic of the total quality approach to setting budgetary targets?
a) Budgetary targets that are reasonable.
b) A perception that the budget is fair.
c) Budget performance expectations that can be exceeded.
d) Absolute efficiency.
A characteristic of the total quality approach to setting budgetary targets is budgetary targets that are reasonable.
The total quality approach to setting budgetary targets emphasizes the importance of establishing targets that are realistic and attainable. This approach recognizes that setting unreasonably high or unachievable targets can be demotivating and hinder performance. By setting budgetary targets that are reasonable, organizations can promote a sense of achievement, encourage employee engagement, and foster a positive work environment. While fairness, budget performance expectations, and efficiency are important considerations in budgeting, they are not specific characteristics of the total quality approach to setting budgetary targets.
Budgetary targets that are reasonable: This characteristic aligns with the total quality approach as it focuses on setting targets that are practical and can be met.A perception that the budget is fair: While fairness is an important aspect of budgeting, it is not exclusive to the total quality approach. Fairness can be a consideration in various budgeting approaches.Budget performance expectations that can be exceeded: The total quality approach emphasizes continuous improvement, and therefore, it does not necessarily limit performance to budget expectations that can be exceeded.Absolute efficiency: While efficiency is a desirable aspect of budgeting, the total quality approach is more focused on overall quality improvement rather than absolute efficiency alone.To know more about the total quality approach, visit:
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"Monetary policy can be described either in terms of the money supply or in terms of the interest rate." This statement amounts to the assertion that a. the activities of the Federal Reserve’s bond traders are irrelevant if the Federal Reserve decides to target an interest rate. b. our analysis of monetary policy is not fundamentally altered if the Federal Reserve decides to target an interest rate. c. changes in monetary policy aimed at expanding aggregate demand can be described either as increasing the money supply or as increasing the interest rate. d. rightward shifts of the money-supply curve cannot occur if the Federal Reserve decides to target an interest rate.
Answer:
b
Explanation:
The monetary policy is not fundamently altered
3. A fine-dining restaurant has been making every- thing from scratch for the five years it has been open; it is the only operation in the area known for scratch- cooking. The management hires a new chef who does a make–buy analysis only to discover that she can get much better pricing on many of her products if she buys them premade. After a tasting comparison, she discovers that the premade products are of high quality and taste only slightly different from her own. Should she switch to the premade products? Would your answer be different if this decision took place when the restaurant first opened?
Answer:
No
Explanation:
The premade products could have been contaminated with any type of disease because she doesn't know what went inside whereas making it from scratch means she is able to monitor and remove and contaminated product.
:)
How is a 401k different from an individual retirement account (IRA)?
A 401k is a good long-term investment strategy.
A 401k allows people to contribute before taxes.
A 401k is created by an individual who deposits money.
A 401k is created by an employer who may match contributions.
True or false: An EAP only contains information on what happens during an emergency.
There are many costs associated with owning a car. Which of these is not something you'll need to pay for?
A
Maintenance.
B
Registration.
C
Inspection.
D
Arbitration.
The answer will be -B-
The cost is the defined amount or sum of money that is incurred in the firm from the stage of production to the stage of selling and distributing the goods and services to the market for the customers.
The correct answer is C Inspection.
Option C Inspection is correct because it does not incur any of the expenses while owning a car. This is because the inspection is done free of cost at the service center to look after the condition of the vehicle.
Options A, B, and D are the wrong ones because they are to be paid at a certain period of time because it is the expense that we incur while owning a car.
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Why is having a long credit history with a few blemishes that were corrected better than a short history that is clear?
No plagiarizing, please, thank you!
Answer:
Lenders don't like risk because it can lose them money, so they're cautious on who they're lending to. They do this by checking people's credit history. They prefer people who have longer credit history even with a few blemishes that are corrected rather than lending to people who have a short clear history mainly because they have little to no experience and can be unpredictable what they may do.
Explanation:
Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is and his marginal benefit from an additional slice of pizza is . If the price of a soft drink is and the price of a slice of pizza is , is Charley maximizing his total benefits? A. No, he should increase his consumption of both goods. B. No, he should shift consumption toward and away from to maximize total benefits. C. Yes, there is no other consumption choice that will make his total benefits greater. D. No, he should shift consumption toward and away from to maximize total benefits.'
Answer:
The correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.
Explanation:
Note: This question is not complete because some important figures and points are missing in it. These figures and points are therefore provided to complete the question before answering it as follows:
Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is $100 and his marginal benefit from an additional slice of pizza is $110. If the price of a soft drink is $2 and the price of a slice of pizza is $3, is Charley maximizing his total benefits?
A. No, he should increase his consumption of both goods.
B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.
C. Yes, there is no other consumption choice that will make his total benefits greater.
D. No, he should shift consumption toward pizza and away from soft drinks to maximize total benefits.'
The explanation of the answer is now provided as follows:
Under utility maximization theory, the condition for the utility or benefit maximization for two goods is as follows:
MBs / Ps = MBp / Pp ……………………………. (1)
Where:
MBs = Marginal benefit from an additional soft drink = $100
MBp = Marginal benefit from an additional slice of pizza =$110
Ps = Price of a soft drink = $2
Pp = Price of a slice of pizza = $3
Subtitling the relevant values, we have:
MBs / Ps = Marginal utility per dollar spent on soft drinks = $100 / $2 = 50
MBp / Pp = Marginal utility per dollar spent on soft pizza = $110 / $3 = 36.67
This implies that 50 = MBs / Ps > MBp / Pp = 36.67
The decision rule is that the limited money income should be spent by a consumer on the good which gives the higher marginal utility per dollar in order to maximize marginal benefit.
Since 50 = MBs / Ps > MBp / Pp = 36.67 above, this implies that Charley is NOT maximizing his total benefits. To maximize his total benefits, Charley should consume more of soft drinks and less of pizza until the condition is consistent with equation (1).
Therefore, the correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.
Executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees
Answer: a. Making authorized commitments
Explanation:
Executive Orders 12674 and 12731 (which amended 12674) of 1989 and 1990 respectively, were signed by President Bush with the purpose of setting forth the principles of ethical conduct that were required of Federal Government Officers and Employees.
These principles were meant to ensure that government officials and employees abstained from Abuse of power whilst working in such a way as not to bring disrepute to the Federal Government.
All of the above are violations of the Order except option A which is stated in Part I Section 101 (f) of Executive Order 12674. It reads that, "Employees shall make no unauthorized statements..." thus insinuating that employees are allowed to make Authorized statements.
The options given are violations of these Executive Orders except A. Making authorized commitments.
It should be noted that executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees. They're simply used to guide the way that Federal workers behave.
The violations of the Acts include using public office for private gain, giving preferential treatment to any person or organization, and defrauding the government.
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Which is not a benefit of a checking account?
Answer:
no interest
Explanation:
A checking account is a type of account that enables comfortable deposits and withdrawal of money for regular trades.
It can include deposit and withdrawal of cash as well as cheque.
Getting no interest in a checking account is not a beneficial factor.
The benefits of the checking accounts are convenience, easy budgeting and safety.
As compared to the saving account having a proof of payment is the beneficial point of having checking account.
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Frances Morgan purchased a house for $156,000 on July 31st 2002. If real estate prices rose at a compound rate of 6.5% annually, how much was the home Frances bought work on July 31st 1998?
The home Frances bought was worth $117,233.24 on July 31st 1998, if the real estate prices rose at a compound rate of 6.5% annually.
Real estate is the business of buying, selling, and renting land, buildings, and other properties. One important aspect of real estate is understanding how property values change over time, which can be influenced by a variety of factors such as market trends, interest rates, and economic conditions.
To solve the current problem, we need to work backwards from the given information about the house's purchase in 2002, and calculate its value in 1998 using compound interest.
First, we need to determine the number of years between 2002 and 1998. This can be calculated by subtracting 2002 from 1998 and adding 1 (since the purchase was made in July, we need to include that partial year in our calculation). Therefore, the number of years between the two dates is 5.
Next, we need to use the formula for compound interest, which is:
\(A = P(1 + \frac{r}{n} )^{nt}\)
where A is the future value, P is the present value, r is the annual interest rate (as a decimal), n is the number of times the interest is compounded per year, and t is the number of years.
In this case, we want to solve for the present value (P) in 1998, given the future value (A) in 2002, an annual interest rate (r) of 6.5%, and a compounding period (n) of 1 year.
Plugging in the values we have, we get:
\($156,000 = (P(1 + \frac{0.065}{1} ))^{1\times5}\)
Simplifying the equation, we get:
\(P = $156,000 / (1 + 0.065)^5\)
Using a calculator, we can find that P is approximately $117,233.24.
Therefore, based on the given information, we can estimate that the home Frances bought in 2002 was worth approximately $117,233.24 on July 31st 1998, assuming real estate prices increased at a compound rate of 6.5% annually.
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Select the education or qualification that is best demonstrated in each example.
Harsha comes up with ideas for ways to improve a software application.
Bill can stay focused for long periods of time while working alone.
Edith has a four-year college degree in computer science.
Tawana is an expert in writing code for websites.
Answer:
So it should be:
creativity
independence
a bachelor's degree
knowledge of programming languages
Explanation:
is this correct?
1. Harsha's ability to generate ideas for improving a software application suggests that they possess strong creativity and problem-solving skills.
What does qualification describe?The term "qualification" typically refers to a person's education, training, skills, or experience that make them suitable or eligible for a particular job, role, or task. Qualifications can be formal, such as degrees, certifications, or licenses, or they can be informal, such as skills learned through on-the-job experience or self-study.
Qualifications may also refer to specific requirements that must be met in order to obtain a particular position or achieve a certain level of recognition or accreditation.
Here are some education or qualification that is best demonstrated in each example:
2. Bill's ability to maintain focus for extended periods of time while working independently demonstrates good concentration and discipline.
3. Edith's four-year college degree in computer science demonstrates that she has completed a formal education in the field of computer science and likely has a broad understanding of various topics within the discipline.
4. Tawana's expertise in writing code for websites suggests that she has developed specialized knowledge and skills in this area through training and experience.
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Carrie is creating a personal balance sheet. The heading includes the period of time that the balance sheet represents. Which could be the header of Carrie's balance sheet?
Answer:
The answer is Carrie's Balance Sheet (January 2013)
Explanation:
It is titled Carrie's Balance sheet and it shows the date in the title, it is the only one with a specific month compared to a longer period of time.
Answer:Carrie’s Balance Sheet (January 1, 2021)
Explanation: Got it correct on edge.
courts may award damages called quantum meruit, which means
Quantum meruit is a legal term used by courts to award damages in specific situations. It means "as much as is deserved" and refers to the reasonable value of services or goods provided by one party to another when no formal contract exists between them.
Courts may award damages under quantum meruit in cases where it is deemed unjust for one party to benefit from the goods or services provided by another without appropriate compensation. This can occur when parties have an implied or quasi-contractual relationship, or when a contract is deemed unenforceable due to legal reasons. The purpose of quantum meruit is to ensure that a party receives fair compensation for their contributions and to prevent unjust enrichment of the other party. In determining the amount of damages, courts will consider factors such as the market value of the goods or services, the costs incurred by the providing party, and the benefit received by the recipient.
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state the importance of product promotion
Answer:
It increases the speed of product and service acceptance. Aids in the sales of goods and services in imperfect market conditions. It provides effective sales support. Fills the gap between the manufacturers and the end consumers.
To support the HR department, you have been asked to produce a factsheet, explaining the importance of the factors which need to be considered when planning, designing and delivering a training programme. In your factsheet: a) Explain with examples, why the methods chosen must be appropriate to the staff being trained at various levels in the organisation. b) Explain the importance & implications of factors that should be considered in: • Planning and designing a training programme • Delivering a training programme
Explanation:
a) The methods chosen for a team that is being trained at various levels of the organization consider the learning needs of the use of a new organizational system, whose objective is to make tasks more dynamic and flexible, therefore aiming to reduce uncertainty and resistance to changes by employees, it is suggested that the new system and its functionalities be presented to all employees who will use it, including a demonstration of the benefits that will be achieved, and the public that will use the system at different levels.
b) The training will include learning from the system with specialists and initial adaptive implementation, so that the change occurs less abruptly and does not impact the work in progress.
It is necessary for a training program to understand its audience, aligning the content and methodology that will be most effective according to the functional area of the company and the needs of the public, thus reducing ineffective and misaligned training costs, making implementation and easier and faster learning, fulfilling the training objectives.
What incentive motivates a manufacturer to sell a product?.
Answer:
Profit is a major incentive to motivate a manufacturer to devote resources to the fabrication of a product so that it can be sold. Making sales and profits defines the bottom line and is the objective of most entities in the manufacturing industry.
An increase in Profit or sale of the product can motivate a manufacturer to sell a product.
A manufacturer is a person who creates products with the intention of selling them in the market and the company who makes the products that is called a manufacturing company. A manufacturer's primary motivation is to earn profit from his product when it is sold.
Profit is an important incentive that leads manufacturers to carry the risks of business failure, and Low prices are an incentive for buyers to pay their money now. Higher prices are an incentive for sellers to increase production to create more goods.
Thus, the incentive is an increase in Profit or sales to motivates a manufacturer.
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Alpine Stables, Inc. , is established in Denver, Colorado, on April 1, 2017, to provide stables, care for animals, and grounds for riding and showing horses. You have been hired as the new assistant controller. The following transactions for April 2017 are provided for your review. A. Received contributions from five investors of $ 60,000 in cash ($ 12,000 the following), a barn valued at \,000 , land valued at $ 90,000 , and supplies valued at $ 12,000. Each investor received 3,000 shares of stock with a par value of $ 0. 01 per share. B. Built a small barn for $ 62,000. The company paid half the amount in cash on April 1,2017 , and signed a three-year note payable for the balance. C. Provided $ 35,260 in animal care services for customers, all on credit. D. Rented stables to customers who cared for their own animals; received cash of $ 13,200. E. Received from a customer \ ,400 to board her horse in May, June, and July (record as unearned revenue). F. Purchased hay and feed supplies on account for $ 3,810 to be used in the summer. G. Paid $ 1,240 in cash for water utilities incurred in the month. H. Paid $ 2,700 on accounts payable for previous purchases. I. Received $ 10,000 from customers on accounts receivable. J. Paid $ 6,000 in wages to employees who worked during the month. K. At the end of the month, purchased a two-year insurance policy for \,600. L. Received an electric utility bill for $ 1,800 for usage in April; the bill will be paid next month. M. Paid $ 100 cash dividend to the following of the five investors at the end of the month.
Required:
(a) Set up appropriate T-accounts. All accounts begin with zero balances
Setting up the appropriate T-accounts for Alpine Stables, Inc. is as follows:
Cash AccountAccount Titles Debit Credit
Common Stock $150
Additional-Paid Capital $59,850
Barn $31,000
Service Revenue $13,200
Unearned Revenue $2,400
Utility Expense $1,240
Accounts Payable $2,700
Accounts Receivable $10,000
Wages Expense $6,000
Prepaid Insurance $9,600
Dividend $500
Balance $34,560
Totals $85,600 $85,600
Accounts ReceivableAccount Titles Debit Credit
Service Revenue $35,260
Cash $10,000
Balance 25,260
SuppliesAccount Titles Debit Credit
Additional Paid-Capital $12,000
Accounts Payable $3,810
Balance $15,810
Prepaid InsuranceAccount Titles Debit Credit
Cash $9,600
LandAccount Titles Debit Credit
Additional Paid-Capital $90,000
BarnsAccount Titles Debit Credit
Additional Paid-Capital $120,000
Cash $31,000
Notes Payable $31,000
Balance $182,000
Common StockAccount Titles Debit Credit
Cash $150
Additional Paid-in CapitalAccount Titles Debit Credit
Cash $59,850
Barn $120,000
Land $90,000
Supplies $12,000
Balance $281,850
DividendAccount Titles Debit Credit
Cash $500
Note PayableAccount Titles Debit Credit
Barns $31,000
Accounts PayableAccount Titles Debit Credit
Supplies $3,810
Cash $2,700
Utility Expense $1,800
Balance $2,910
Unearned RevenueAccount Titles Debit Credit
Cash $2,400
Service RevenueAccount Titles Debit Credit
Accounts Receivable $35,260
Cash $13,200
Balance $48,460
Utility ExpensesAccount Titles Debit Credit
Cash $1,240
Accounts Payable $1,800
Balance $3,040
Wages ExpenseAccount Titles Debit Credit
Cash $6,000
Transaction Analysis:Cash $60,000 Barn $120,000 Land $90,000 Supplies $12,000 Common Stock $150 Additional Paid-in Capital $281,850
Barn $62,000 Cash $31,000 Note Payable $31,000
Accounts Receivable $35,260 Service Revenue $35,260
Cash $13,200 Service Revenue $13,200
Cash $2,400 Unearned Revenue $2,400
Supplies $3,810 Accounts Payable $3,810
Utility Expense $1,240 Cash $1,240
Accounts Payable $2,700 Cash $2,700
Cash $10,000 Accounts Receivable $10,000
Wages Expense $6,000 Cash $6,000
Prepaid Insurance $9,600 Cash $9,600
Utility Expense $1,800 Accounts Payable $1,800
Dividend $500 Cash $500
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The United States is unique in its use of a 24-hour Internet; in most countries the Internet shuts down between 2:00 AM and 6:00 AM for maintenance. true or false
Answer:
False
Explanation:
The internet is composed by multiple Hosts and obviously the only way to shut down the internet is to shut down the catrillion computers that all together host the internet.
When buyers, real estate brokers, and mortgage leaders were dishonest about the ability of people to pay their mortgages, it led to:
When buyers, real estate brokers, and mortgage leaders were dishonest about the ability of people to pay their mortgages, it led to a housing market bubble and ultimately a financial crisis.
When buyers, real estate brokers, and mortgage lenders were dishonest about the ability of people to pay their mortgages, it led to an increased number of high-risk loans being approved. This, in turn, contributed to the housing market crash and the subsequent financial crisis.
This dishonesty included providing false or misleading information about income, employment status, and credit history, which allowed people to obtain mortgages they could not afford. As a result, many homeowners defaulted on their mortgages, leading to a wave of foreclosures and a significant decline in property values.
The consequences of this dishonesty were severe and long-lasting, affecting not just the housing market but the entire economy.
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With respect to customer expectations, which of the following best describes the zone of tolerance? Select one: a. It explains situations where customer expectations will be higher than normal. b. It explains situations where customers will hold lower than normal expectations. c. It explains why customers look for weak performance. d. It explains situations where customer satisfaction will be exceptionally low. e. It represents the degree to which customers recognize and are willing to accept variability in performance.
The zone of tolerance refers to the range of acceptable performance that customers are willing to accept from a product or service. It represents the degree to which customers recognize and are willing to accept variability in performance.
Customers' expectations may vary depending on the product or service they are purchasing, the industry, and the competitive landscape. For example, a luxury car buyer may have higher expectations for the quality of the vehicle and the customer service they receive compared to someone buying a budget car. Similarly, customers may have different expectations for fast food restaurants compared to fine dining restaurants.
Understanding the zone of tolerance is crucial for businesses to ensure customer satisfaction. If a business falls below the minimum level of service or product quality that customers are willing to tolerate, it can result in dissatisfaction and loss of customers. On the other hand, if a business consistently exceeds customer expectations, it can lead to increased loyalty and positive word-of-mouth.
In conclusion, the zone of tolerance is the range of acceptable performance that customers are willing to accept, and it represents the degree to which customers recognize and are willing to accept variability in performance. It is essential for businesses to understand this concept to meet and exceed customer expectations and ensure customer satisfaction.
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The following table describes the production possibilities of two cities in the country of Baseballia.
Pairs of Red Socks per Worker per HourPairs of White Socks per Worker per HourBoston33Chicago21
(a) Without trade, what is the price of white socks (in terms of red socks) in Boston? What is the price in Chicago?
(b) Which city has an absolute advantage in the production of each color sock? Which city has a comparative advantage in the production of each color sock?
(c) If the cities trade with each other, which color sock will each export?
(d) What is the range of prices at which trade can occur?
(a) Without trade, the price of white socks in terms of red socks can be calculated using the opportunity cost of each city. In Boston, the opportunity cost of producing one pair of white socks is 3/3 = 1 pair of red socks. In Chicago, the opportunity cost of producing one pair of white socks is 2/1 = 2 pairs of red socks. Therefore, the price of white socks in terms of red socks in Boston is 1, and in Chicago it is 2.
(b) Boston has an absolute advantage in the production of both colors of socks, as they can produce more of both types of socks per worker per hour. However, in terms of comparative advantage, Boston has a comparative advantage in producing red socks, as the opportunity cost of producing one pair of red socks is lower in Boston than in Chicago. Conversely, Chicago has a comparative advantage in producing white socks, as the opportunity cost of producing one pair of white socks is lower in Chicago than in Boston.
(c) If the cities trade with each other, Boston will export red socks and Chicago will export white socks. This is because Boston has a comparative advantage in producing red socks, while Chicago has a comparative advantage in producing white socks. By specializing in the production of their comparative advantage good, both cities can increase their overall output and benefit from trade.
(d) The range of prices at which trade can occur is between the opportunity costs of each city. In other words, Boston will only trade red socks for white socks if the price of white socks is less than 3 (the opportunity cost of producing one pair of red socks in Boston), and Chicago will only trade white socks for red socks if the price of red socks is less than 0.5 (the opportunity cost of producing one pair of white socks in Chicago). Therefore, the range of prices at which trade can occur is between 0.5 and 3.
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Business Analytics Solutions Manual
Business analytics solutions use data and modeling to support decision-making and improve business performance.
What is business analytics?Business analytics is a method of utilizing data, statistical analysis, and modeling to aid decision making, enhance performance, and boost revenue growth. It can be applied to multiple facets of an organization like finance, marketing, and operations and can be useful in various types of business decisions.Business analytics is the use of data, statistical and quantitative analysis, and explanatory and predictive modeling to support decision-making and to understand and interpret business performance. It is used to identify patterns, trends, and insights in data, and to make data-driven decisions to improve business operations, increase efficiency and optimize revenue growth. Business analytics can be applied to various areas of a business, such as finance, marketing, and operations, and can be used to support a wide range of business decisions, from strategic planning to day-to-day operations.To learn more about business analytics refer:
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Burger Buddies restaurant chain is attempting to bring back their fried fish sandwich. It is an
old favorite, but in recent times has lost its popularity with customers. The burger chain has
hired a marketing firm to find new customers for the fried fish sandwich. What does the
marketing firm need to focus their efforts on?
® consumer modification
market modification
product modification
1 marketing mix modification
The marketing firm need to focus their efforts on
product modification.
What is product modificationProduct Modification includes changes that are done on an existing product to make it more acceptable.
This could include branding, changing the quantity and colour to help increase the demand.
Therefore, The marketing firm need to focus their efforts on product modification.
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Answer:
product modification
Explanation:
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The Central Division of AAA, Inc, has operating income of $64,000 on sales revenue of $640,000. Divisional operating assets are $320,000 and management of AAA has determined that a minimum return of 12% should be expected from all investments. (0) Using the DuPont model calculate the Central Division's margin, turnover, and ROI. (b) Calculate the Central Division's residual income.
(a) The ROI for the Central Division is 20%.
(b) The residual income for the Central Division is $25,600.
(a) The DuPont model is a technique for dissecting a business' return on investment (ROI) and analyzing each component separately. We can determine the margin, turnover, and ROI for the Central Division using this approach.
Margin = Operating Income/Sales Revenue = $64,000/$640,000 = 0.1 or 10%
Turnover = Sales Revenue/Operating Assets = $640,000/$320,000 = 2
ROI = Margin x Turnover = 10% x 2 = 20%
Therefore, the Central Division's ROI is 20%.
(b) The discrepancy between actual income and the minimum necessary return on investment is known as residual income. Since the minimum required return in this situation is 12%, the residual income for the Central Division can be determined as follows:
Residual Income = Operating Income - (Minimum Required Return x Operating Assets)
Residual Income = $64,000 - (0.12 x $320,000)
Residual Income = $64,000 - $38,400
Residual Income = $25,600
Therefore, the Central Division's residual income is $25,600.
Complete Question:
The Central Division of AAA, Inc, has operating income of $64,000 on sales revenue of $640,000. Divisional operating assets are $320,000 and management of AAA has determined that a minimum return of 12% should be expected from all investments.
(a) Using the DuPont model calculate the Central Division's margin, turnover, and ROI.
(b) Calculate the Central Division's residual income.
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List qualities a good manager should have. What are the advantages and drawbacks of being in a position of authority?The qualities of a good manager are:The advantages of being a manager are:The drawbacks of being a manager are:
asset securitization is the process of creating a(n): group of answer choices collateralized security. asset-backed security. municipal security. payment security.
Asset securitization is a financial technique where illiquid assets are pooled together and transformed into tradable securities. The process of asset securitization results in the creation of a collateralized security or an asset-backed security, depending on the nature of the assets involved.
A collateralized security is a type of financial instrument that is backed by a pool of assets that serve as collateral. The assets may include real estate, loans, or other types of securities.
The collateral provides investors with a degree of protection against default, and the securities are typically sold to institutional investors.On the other hand, an asset-backed security is a financial instrument that is backed by a pool of assets that generate cash flows. The assets may include receivables, loans, or leases. The cash flows from the assets are used to pay the interest and principal on the securities. Asset-backed securities are typically divided into tranches based on the credit quality of the underlying assets. The senior tranches are the most secure and have the highest credit rating, while the subordinated tranches are riskier and have lower credit ratings.In conclusion, asset securitization is the process of creating collateralized securities or asset-backed securities, depending on the nature of the assets involved. These securities provide investors with exposure to illiquid assets and can be an effective way to raise capital.Know more about the asset-backed securities
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Direct Materials Purchases Budget Anticipated sales for Safety Grip Company were 44,000 passenger car tires and 13,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires according to the following table: Passenger Car Truck Rubber Steel belts 3 lbs. per unit 8 lbs. per unit The purchase prices of rubber and steel are $3.4 and $4.5 per pound, respectively. The desired ending inventories of respectively. The estimated beginning inventories for rubber and steel 27 lbs. per unit 63 lbs, per unit rubber and steel beits are 41,000 and 9,000 pounds belts are 48,000 and 7,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 20v9 Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 20Y9 Rubber Steel Belts Total Pounds required for production Passenger tires Truck tires Desired inventory, December 31, 20Y9 Total pounds available Estimated inventory, January 1,20Y9 Total units purchased Unt price Total direct materials to be purchased lbs.
Safety Grip Company Direct Materials Purchases Budget For the Year Ending December 31, 2019The Direct Materials Purchases Budget is a comprehensive budget used to estimate the cost of the direct materials needed for production for a specific period.
It is used to plan the amount of direct material that a firm needs to purchase during a given period. Below is the direct materials purchases budget for Safety Grip Company for the year ending December 31, 2019, and it is necessary to include more than 120 words. Direct Materials Purchases Budget For Safety Grip Company For The Year Ending December 31, 2019 Rubber Steel Belts Total Pounds required for production 132,000 lbs. (44,000 units × 3 lbs. per unit) 104,000 lbs. (13,000 units × 8 lbs. per unit) 236,000 lbs.
Desired inventory, December 31, 2019 27,000 lbs. 63,000 lbs. 90,000 lbs. Total pounds available 68,000 lbs. (41,000 lbs. beginning inventory + 27,000 lbs. desired inventory) 55,000 lbs. (48,000 lbs. beginning inventory + 7,000 lbs. desired inventory) 123,000 lbs. Estimated inventory, January 1, 2019 41,000 lbs. 48,000 lbs. 89,000 lbs. Total units purchased 59,000 lbs. (90,000 lbs. desired ending inventory - 68,000 lbs. total pounds available) 10,000 lbs. (73,000 lbs. desired ending inventory - 63,000 lbs. total pounds available) 69,000 lbs.
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MacDonald's Farm, Green Acres, and Mickey's Farm sell wheat in a pure-competition environment which means that no
business sells endugh of the product to influence the price.
O true
O false
Different sellers of wheat like MacDonald's farm and Mickey's Farm where they do not have an influence on the price marks the existence of pure competition in the economy.
What is pure competition?Pure competition refers to a market where there is free entry and exit of buyers and sellers in the market selling exactly the same product with, no buyer or seller can influence the price.
Hence, if there is a pure competition in the wheat market, none from the aforementioned sellers would be able to sell enough so that they can influence the price.
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Read the stage direction: As the first of the mob reaches the bottom steps. The screen door opens and Goodman comes out, a man in his early forties who first greets them smiling and then letting the smile fade as he sees the faces. Based on the stage direction, what should the reader visualize? *
a group of people calmly approaching Goodman’s home
a group of confused people rushing to safety at Goodman’s home
a group of angry people approaching Goodman’s home
a group of people rushing to save Goodman from the outage
Answer:
C.
Explanation:
A group of angry people. L(-_-)\
\
Answer:c lol angry people
Explanation: