A company that has multiple headquarters scattered around the world, tailors its products to specific market segments, keeps expenses to a minimum, and uses cultural differences to its advantage is called a global organization.
What is a global organization?A global organization refers to the companies that do business internationally, often having multiple offices throughout different countries and utilizing virtual project teams and project managers to lead their organizational projects.
In other way, it can also be an international organization which is known as an intergovernmental organization with a stable set of norms and rules meant to govern the behavior of states and other actors in the international system.
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A company produces 10 items, charges $45 per item. When it produces 20 items, it charges $40 per item. Cost to produce 10 items is $450, cost to produce 20 items is $650. What is the price, cost, revenue, profit functions. What is the break-even points, max profit and items to produce to get max profit.
Answer:
a. The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
b. Break-even point = Total Revenue = Total Cost
= $450 = $450
break-even point in units = 10 items
c. Maximum profit = $150
Items to produce to get max profit = 20 items
Explanation:
a) Data and Calculations:
Sales Revenue for 10 items = $450 ($45 * 10)
Cost of sales for 10 items = $450
Sales Revenue for 20 items = $800 ($40 * 20)
Cost of sales for 20 items = $650
The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
For 10 items, function yields = {($45 * 10) - $450} = 0
For 20 items, function yields = {($40 * 20) - $650} = $150
Which factors can affect a stock’s price? Check all that apply. market performance the company’s financial health the quantity products produced location of the company the economy
Answer:
market performance the company’s financial health the economyExplanation:
Stocks prices fluctuate as long as the market is open. The price of a stock may rise and fall depending on its demand and other factors. The financial performance of a company creates demand for its shares. A company that had good returns will be in high demand, which makes its stock prices rise. A company with poor financial performance will see its share price decline.
The overall performance of the economy and the exchange markets also affects prices. When the economy and the market are performing well, prices tend to rise. The opposite is also true.
Answer:
Market performance
The company's financial health
The economy
Explanation: This is the correct answer for Edge 2020. ^-^
Give all start up costs for opening a salon that has 8 workers with 8 stations and that does everything hair and wax related. Include the quantities for each item and the pricing
Rent/Lease for the salon space: $2,000 - $10,000
Build-out costs: $5,000 - $15,000
Equipment and supplies:
8 stations, chairs, and mirrors: $5,000 - $10,000
8 styling stations (styling chairs, styling stations, styling tools): $8,000 - $15,000
8 hair dryers: $4,000 - $6,000
8 hair washing stations: $8,000 - $12,000
8 hair cutting stations: $8,000 - $12,000
8 waxing stations: $8,000 - $12,000
Hair color, waxing, and other supplies: $5,000 - $10,000
Marketing and advertising costs: $2,000 - $5,000
Legal and accounting fees: $1,500 - $3,000
Insurance (liability, property, and worker's compensation) $2,000 - $5,000
Employee salaries: $8,000 - $12,000
Miscellaneous costs (utilities, phone, internet, etc): $5,000 - $10,000
Note that these numbers are rough estimations, and the cost can vary depending on location and other factors.
critically discuss how career and study choices are influenced by the following socio-economic factor: availability of finances/affordability
Answer:
availability of financial/affordability
Explanation:
it's enables you to make more money for the growth of the community so we study it that way
Which is not one of the main sections of a resume?
A. contact information
B. salary requirement
C. education
D. work experience
Answer:
B. salary requirement
Explanation:
Salary is typically posted in the job description or negotiated by the employer/employee as part of the hiring process
What are checks?
I put:
Checks are a small piece of paper that is used to be paid money from another person's account, with their consent of course.
and got 100%
Answer:
A cheque, or check, is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account where their money is held.
Answer:
Checks are a small piece of paper that is used to be paid money from another person's account, with their consent of course.
Explanation:
dfsfv
lester hires a salesperson for his business. lester agrees to pay the salesperson a commission of 10 percent of sales. by the end of the first month, the salesperson has done $50,000 of sales. lester wants to prepare accurate financial statements at the end of the month, but has not yet paid the salesperson. what journal entry should be made before preparing the financial statements for the month?
The journal entry should be debit commissions expense (5,000); and credit commissions payable (5,000)
Journal entry:
Journal entries are records of the money that comes in and goes out of your company. All of these transactions are entered into the general journal, the corporate book.
The first phase in the accounting cycle is journal entries. You should be aware that all journal entries in accounting use the double-accounting method.
This means that there is always a debit entry and a credit entry for every recorded transaction because two accounts are impacted.
You should comprehend the significance of journal entries for a firm before delving into the finer details of double-entry bookkeeping and creating them.
journal entries are the first step in the recording process.
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i was wondering...
has anyone seen my wallet? I got 200 bucks in there I could give you more if you find it and give it to me. really need it for school
I doubt anyone here has seen your wallet. Check everywhere in your house and that you go frequently. Then look everywhere 19 more times... But do it like a list:
bedroombathroomkitchenetccheck 1-4 15 times, in that order.What can be said about the culture of services?
I. Processes are invisible
II. Processes are well defined
III. More scientific
IV. Not well defined or documented
A. I, II, and III only
B. I, II, and IV only
C. II, III, and IV only
D. All of the above
In the service culture, processes are invisible and procedures are not well defined or documented. This culture is focused on customer service, to provide the best experience.
Therefore, processes are invisible, that is, the customer is not able to identify internal processes if they are not useful, but they must perceive the service as a mystery where all their needs are promptly met.
In the service culture, this is also not well defined or documented, so as not to create standardization of the service, but a personalized service that meets the needs of each customer individually.
Therefore, in the service culture, the focus is on offering the best experience for the customer, through the creation of value, excellent service and employees capable of satisfying their needs.
The service culture is capable of generating greater competitiveness, customer loyalty and positioning for a company.
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During the seventeenth and eighteenth centuries, the dutch republic traded far and wide through _______________. group of answer choices
During the seventeenth and eighteenth centuries, the dutch republic traded far and wide through the Dutch east and Dutch west india companies.
During the 16th century, the Dutch Republic risen as a capable financial substance and the time is known as the Dutch Brilliant Age. Learn how the Dutch Republic battled for its autonomy from Habsburg Spain to realize financial development, outside development, and victory in society and the arts.Despite the Dutch Republic's special position as a republic encompassed by absolutist governments, on the face of it, the Republic within the 17th century did not have the characteristics regularly vital for financial victory. The region controlled by the Dutch Republic contained few minerals or normal assets, and expansive parcels of its domain were beneath ocean level, inclined to flooding in the event that embankments or windmill pumps failed. In reaction, the Dutch cultivated the development of inner businesses, such as materials, sugar refining and glass blowing. Most critically, in any case, the Dutch were fulfilled shipwrights and dealers.To know more about Dutch visit:
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If the planned budget revenue for 5,000 units is $120,000, the flexible budget revenue for 4,500 units is ______.
Based on the planned budget revenue, the flexible budget revenue for 4,500 units will be $108,000.
What is the flexible budget revenue?First find the selling price under the planned budget:
= 120,000 / 5,000
= $24
The flexible budget revenue will be:
= 24 x 4,500 units
= $108,000
In conclusion, the flexible budget revenue is $108,000.
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Projects where management has no choice in implementing them are called _____ projects.
Projects where management has no choice in implementing them are called Mandatory projects.
Mandatory projects are those projects where management has no choice in implementing them. These projects are often implemented to comply with regulations or requirements imposed by external entities such as government agencies, investors, customers, or suppliers.
For instance, a business might be required to implement a project to comply with a new regulation or to meet a contractual obligation. In some cases, the project might be necessary to maintain the business’s competitive advantage or to remain competitive in the market.
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traditional yield management strategies are most appropriate when?
A. The service providers has a homogeneous target market
B. Its target market is not price sensitive
C. All members of the target market arrive at basically the same time
D. Those who arrive early or reserve early are more price sensitive than those who reserve or arrive late
E. All of the target market is equally price sensitive
The right answer is option D. Traditional yield management strategies are most appropriate when those who arrive early or reserve early are more price sensitive than those who reserve or arrive late.
This is because the aim of yield management is to maximize revenue by charging different prices to different customers based on their willingness to pay. By identifying the price-sensitive customers and offering lower prices to them, service providers can attract more customers and fill up their capacity. However, if all members of the target market are equally price sensitive or if the target market is not price sensitive, traditional yield management strategies may not be as effective.
Hence, the correct option is answer D.
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Howard Sports, Inc. incurred the following transactions involving its common stock:
January 1 Beginning Balance 100,000 shares
April 1 Issued for Cash 6,000 shares
June 1 Purchased as Treasury Stock 1,200 shares
October 31 Issued for Cash 9,000 shares
Calculate the weighted-average number of common shares outstanding for Howard Sports, Inc.
The weighted-average number of common shares outstanding for Howard Sports, Inc. is 103,200 shares.
To calculate the weighted-average number of common shares outstanding, we need to consider the number of shares outstanding during each period and the time period for which they were outstanding. The calculation is as follows: ((100,000 shares * 12 months) + (6,000 shares * 9 months) + (9,000 shares * 2 months)) / 12 months = 103,200 shares. This calculation takes into account the varying number of shares outstanding and the duration for which they were outstanding throughout the year.
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A company in Maine sends lobsters to France What is Maine doing? Select three options
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
Michael's haircut was $14. 0. He gave a tip of $3. 50. What percent did Michael leave as a tip? 10% 15% 20% 25%.
The correct option is 20%. Michael left a 20% tip.
Michael's haircut cost him $14.0 and he left a tip of $3.5. To find out what percent of tip he left, you can use the following formula:
Percentage of tip = (Amount of tip / Total amount) x 100
We are given the amount of tip, which is $3.5. To find the total amount, we need to add the amount of haircut and the amount of tip:
$14.0 + $3.5 = $17.5
Now we can use the formula to find the percentage of tip:
(3.5 / 17.5) x 100 = 20
Therefore, Michael left a 20% tip.
In the question given, we are given the amount of tip, which is $3.5 and the amount of haircut, which is $14.0.
To find the total amount, we need to add the amount of haircut and the amount of tip.
Therefore, the total amount is $14.0 + $3.5 = $17.5.
We can now substitute the values in the formula to find the percentage of tip.
Therefore, Percentage of tip = (Amount of tip / Total amount) x 100.
= (3.5 / 17.5) x 100
= 20%.
Thus, Michael left a 20% tip.
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what are control accounts in accounting??
In accounting, the controlling account is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail.
Analytical procedures are audit methods of evaluating financial statement accounts by studying and comparing relationships among financial and nonfinancial data. The primary purpose of analytical procedures conducted during the planning stages is to: Multiple Choice identify the appropriate schedules to be prepared by the client. identify unusual conditions that deserve additional audit effort. determine the existence of unrecorded liabilities or overstated assets. identify the types of errors or frauds that can occur in transactions.
The primary purpose of analytical procedures conducted during the planning stage is identifying unusual conditions that deserve additional audit effort.
What is analytical procedures?Analytical procedures are audit methods of evaluating financial statement accounts by studying and comparing relationships among financial and nonfinancial data.
To identify unusual conditions that deserve additional audit support is the primary purpose of analytical procedures conducted during the planning stage.
Therefore, B is the correct option.
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The price of oranges increase, and so consumers buy more strawberries. This is an example of what?
A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what drives this shift in the quantity demanded.
What is Demand?Demand is the amount of a good that buyers are ready and willing to buy at different prices at a particular time. The demand curve is the name given to the relationship between price and quantity demand.
Also, consumers must be able to afford the items they want or need based on their budgeted disposable income.
Demand examines a market's price and purchases from the perspective of the customer. The principle of supply, on the other hand, emphasizes the viewpoint of the provider of the good or service.
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PLEASE HELP!!!!!!!!!!!!!!
Type the correct answer in the box. Spell all words correctly.
Alisha appears to be overconfident which makes her unapproachable to her employees. Which negative quality is she displaying?
Alisha is displaying the negative quality of___.
As Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.
What is an arrogance?It refers to the personality trait whereby a person has an obnoxiously elevated sense of self-worth. An arrogant individual is one who acts as if they are more superior, worthy, and important than others. So, they tend to disrespect and put others down.
While an arrogance can make someone feel strong and be a coping strategy for low self-esteem initially, the long term arrogance is harmful as it can contributes to loneliness, depression, lack of direction and success. It can also impact the physical health if its pushes you to take unnecessary risks. It is possible to change arrogant ways of thinking, when we feel stuck or have noticed arrogant tendencies, then, the mindfulness, gratitude and focusing on curtailing these thoughts can help.
Therefore, as Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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"In my opinion, we ought to stop making our own drums and accept that outside supplier’s offer," said Wim Niewindt, managing director of Antilles Refining, N.V., of Aruba. "At a price of $21 per drum, we would be paying $6.00 less than it costs us to manufacture the drums in our own plant. Since we use 70,000 drums a year, that would be an annual cost savings of $420,000." Antilles Refining’s current cost to manufacture one drum is given below (based on 70,000 drums per year):
Direct materials $ 11.00
Direct labor 8.50
Variable overhead 1.25
Fixed overhead ($3.30 general company overhead, $1.85 depreciation, and $1.10 supervision) 6.25
Total cost per drum $ 27.00
A decision about whether to make or buy the drums is especially important at this time because the equipment being used to make the drums is completely worn out and must be replaced. The choices facing the company are:
Alternative 1: Rent new equipment and continue to make the drums. The equipment would be rented for $231,000 per year.
Alternative 2: Purchase the drums from an outside supplier at $21 per drum.
The new equipment would be more efficient than the equipment that Antilles Refining has been using and, according to the manufacturer, would reduce direct labor and variable overhead costs by 20%. The old equipment has no resale value. Supervision cost ($77,000 per year) and direct materials cost per drum would not be affected by the new equipment. The new equipment’s capacity would be 175,000 drums per year.
The company’s total general company overhead would be unaffected by this decision.
Required:
1. Assuming that 70,000 drums are needed each year, what is the financial advantage (disadvantage) of buying the drums from an outside supplier?
2. Assuming that 140,000 drums are needed each year, what is the financial advantage (disadvantage) of buying the drums from an outside supplier?
3. Assuming that 175,000 drums are needed each year, what is the financial advantage (disadvantage) of buying the drums from an outside supplier?
The financial advantage of buying drums from an outside supplier is $420,000 per year.
In the given scenario, Antilles Refining is considering whether to make or buy drums. The company currently incurs a total cost of $27.00 per drum to manufacture them in-house. However, an outside supplier offers drums at a price of $21.00 per drum, resulting in a cost savings of $6.00 per drum. Given that the company needs 70,000 drums each year, the annual cost savings from buying drums from the outside supplier would be $6.00 x 70,000 = $420,000. This financial advantage arises because the cost of purchasing drums from the supplier is lower than the cost of manufacturing them in-house. By choosing the option of buying drums, Antilles Refining can save $420,000 annually. It's worth noting that the analysis assumes a fixed demand of 70,000 drums per year. If the demand were to increase to 140,000 drums or 175,000 drums, the financial advantage of buying drums from the outside supplier would still be $420,000 per year, as the cost savings per drum and the total annual savings remain the same.
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by increasing ________, a manager can increase operating income under absorption costing.
By increasing the number of units produced, a manager can increase operating income under absorption costing.
In absorption costing, a manager can increase operating income by increasing the number of units produced.Absorption costing is a method of costing where all costs are included in the cost of production, whether variable or fixed costs, and are absorbed into the cost of goods sold.
Increasing the number of units produced in absorption costing means that the fixed costs are spread over more units produced.
Therefore, the cost per unit reduces and the operating income increases. However, the increase in operating income would only be seen if the increase in units produced is sold.
In conclusion, by increasing the number of units produced, a manager can increase operating income under absorption costing.
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Asser and his partner Ali decided to start a business selling flowers called A and A Blooms. They agreed the business
objectives they would set. There are several other shops in the town and much competition. Asser and Ali had little
cash to start the shop, BUT after 5 years running, it is still open. Business objectives have changed, there are plans to
open 2 or 3 new shops, perhaps by taking over some of their competitors. The business now employs 5 workers and
uses several local flower growers as suppliers.
a) What is meant by 'business objective'?
[2]
Goals
Direction in which business Сол be succesful
b) Identify two of A and A Blooms' stakeholders, other than workers and suppliers.
[2]
Customers and Community
c) Identify and explain two likely business objectives of Blooms when the business was first established. [4]
A business objective simply refers to the results that a business wants to achieve. Having a business objective is vital for a business.
It should be noted that business objectives are the measurable results that a business hopes to maintain as the business grows.
The examples of A and A Blooms' stakeholders apart from the workers and suppliers will its shareholders and customers. Stakeholders are affected by the decisions taken by a business.
The two likely business objectives of Blooms when the business was first established include profit maximization and cost minimization.
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the five-year interest rate is 4.00 percent and the three-year interest rate is 2.60 percent. what is the two year interest rate three years from now? assume the rates are effective annual rates.
The two-year interest rate three years from now can be calculated based on the given information. The correct answer is option (c) 6.13%.
To calculate the two-year interest rate three years from now, we can use the relationship between the interest rates and the compounding periods. Since we know the five-year interest rate is 4.00% and the three-year interest rate is 2.60%, we can assume that the interest rates are compounded annually.
Let's denote the two-year interest rate three years from now as "x". We can set up an equation based on the compounding principle:
(1 + 0.04)^5 = (1 + 0.026)^3 * (1 + x)^2
Simplifying the equation, we get:
1.216 = 1.066756 * (1 + x)^2
Dividing both sides by 1.066756 and taking the square root, we find:
1 + x = √(1.216 / 1.066756)
1 + x = 1.0613
x = 0.0613 or 6.13%
Therefore, the correct answer is option (c) 6.13%. This represents the two-year interest rate three years from now based on the given five-year and three-year interest rates, assuming they are effective annual rates compounded annually.
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The complete question is: The five year interest rate is 4.00 percent and the three year interest rate is 2.60. What is the two year interest rate three years from now? Assume the rates are effective annual rates?
a.) 3.30%
b.) 4.00 %
c.) 6.13%
d.) 6.60%
consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, the equilibrium wage of health care employees would question 17 options: increase. decrease. not change. it is not possible to determine what happens to the equilibrium wage.
The following describes the impact on equilibrium wage of taking into account the healthcare labor market in a specific scenario.
What would the impact be on the equilibrium wage?The equilibrium wage increases and the equilibrium quantity of labor increases.
What are the equilibrium labor supply and wage?Labor supply and demand come together to form the real pay and the equilibrium amount of labor traded. The amount of labor provided and the amount of work sought are equal at the equilibrium real wage. Demand and supply play a critical role in setting wages in a market that is competitive.
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To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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To save time and money, companies often turn to __________, a technique that somewhat replicates a full-scale test market.
To save time and money, companies often turn to simulated test markets, a technique that somewhat replicates a full-scale test market.
What is a Simulated test market?A simulated test market is a market used to determine the participants' buying intentions in which researchers expose people to advertising and other marketing mix variables.
Simulated test markets are considered as quick and cost-effective as traditional test markets since the advertiser does not have to carry out the complete marketing plan, which helps in saving time which replicates a full-scale test market.
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Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?
Answer:
1. Paying somebody else and himself represent cash outflow.
2. Party bookings represents forecasted cash inflow.
Explanation:
Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.
Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.