a housekeeper is responsible for cleaning guest rooms, taking dirty linen to the laundry, and keeping public spaces neat and organized. these tasks are all related to the guest room experience. this grouping of related tasks by area is also referred to as . a. organization chart b. departmentalization c. organizational structure d. work specialization
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These tasks are all related to the guest room experience. This grouping of related tasks by area is also referred to as departmentalization.
A task in project management is an action that must be completed by a specific date or time in order to achieve business goals. This is a small but very important task that distinguishes the different components of the project.
A task can be divided into tasks, each of which must have a start and end date or a deadline for completion. One or more tasks on a task start executing the task. A job is generally considered complete when all the tasks for that task have been completed. Dependencies can be established between tasks by linking them.
Hence the correct option is B.
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all four areas of social responsibility for firms (economic, legal, ethical, and discretionary) are of equal importance in a firm's overall level of social responsibility.
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A company's overall level of social responsibility depends on all four dimensions of corporate social responsibility: economic, legal, ethical, and discretionary. This statement is true.
Corporate social responsibility, or CSR, is a business strategy that takes into account how an organization affects society, its workforce, and other stakeholders. CSR is used to reduce harm, conduct ethical business, be accountable along the entire global supply chain, engage in philanthropy, and develop a self-directed human resource management system.
Throughout the 1950s and 1960s, social activist organizations (as well as others) promoted corporate social responsibility. The message to be socially and environmentally conscious, however, didn't become crystal evident until the 1970s.
Carroll's methodology establishes consistency in an area lacking a precise, predetermined definition. However, since this model was created in 1991, it is no longer relevant in the current corporate climate.
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All four areas of social responsibility for companies (economic, legal, ethical, and discretionary) are equally important to a company's overall level of social responsibility. True or false.
Cantel Company produces cleaning compounds for both commercial and household customers. Some of these products are produced as part of a joint manufacturing process. For example, GR37, a coarse cleaning powder meant for commercial sale, costs $1.90 a pound to make and sells for $2.00 per pound. A portion of the annual production of GR37 is retained for further processing in a separate department where it is combined with several other ingredients to form SilPol, which is sold as a silver polish, at $5.00 per unit. The additional processing requires 1/4 pound of GR37 per unit; additional processing costs amount to $3.80 per unit of SilPol produced. Variable selling costs for SilPol average $0.30 per unit. If production of SilPol were discontinued, $4,800 of costs in the processing department would be avoided. Cantel has, at this point, unlimited demand for, but limited capacity to produce, product GR37.
Required:
1. Calculate the minimum number of units of SilPol that would have to be sold in order to justify further processing of GR37.
2. Assume that the cost data reported for GR37 are obtained at a level of output equal to 6,300 pounds, which is the maximum that the company can produce at this time. What is the expected operating income (loss) under each of the following scenarios: (a) all available capacity is used to produce GR37, but no SilPol; (b) 10,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37; (c) 12,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37; and (d) 14,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37.
Answers
1. At a minimum, Cantel Company would have to sell 2,000 units of SilPol to justify further processing of GR37. 2. a) The Operating income (loss) $573.
1. To justify further processing of GR37, the contribution margin from selling SilPol must cover the additional processing costs and the cost of the GR37 used in production.
Contribution margin per unit of SilPol = Selling price - Variable costs
= $5.00 - $0.30
= $4.70 per unit
Additional cost per unit of SilPol for using 1/4 pound of GR37 = 1/4 x $1.90 = $0.475
Total cost per unit of SilPol = Additional processing costs + Cost of GR37 used
= $3.80 + $0.475
= $4.275 per unit
To break even, the contribution margin per unit of SilPol must cover the total cost per unit of SilPol:
$4.70 x Q = $4.275 x Q + $4,800
where Q is the quantity of SilPol units produced and sold.
Solving for Q, we get:
Q = 2,000 units of SilPol
Therefore, at a minimum, Cantel Company would have to sell 2,000 units of SilPol to justify further processing of GR37.
2. (a) If all available capacity is used to produce GR37, but no SilPol, the company's operating income (loss) would be:
Revenue from sales of GR37 = $2.00 x 6,300 pounds = $12,600
Total costs = $1.90 x 6,300 pounds = $12,027
Operating income (loss) = $12,600 - $12,027 = $573
(b) If 10,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37:
Revenue from sales of GR37 = $2.00 x 5,625 pounds = $11,250
Revenue from sales of SilPol = $5.00 x 10,000 units = $50,000
Total revenue = $61,250
Variable costs for SilPol = $4.70 x 10,000 units = $47,000
Variable costs for GR37 = $0.10 x 5,625 pounds = $563
Total variable costs = $47,563
Fixed costs for the production of SilPol = $3.80 x 10,000 units = $38,000
Fixed costs for the production of GR37 = $0
Total fixed costs = $38,000
Total costs = Variable costs + Fixed costs = $47,563 + $38,000 = $85,563
Operating income (loss) = Total revenue - Total costs = $61,250 - $85,563 = -$24,313
(c) If 12,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37:
Revenue from sales of GR37 = $2.00 x 5,100 pounds = $10,200
Revenue from sales of SilPol = $5.00 x 12,000 units = $60,000
Total revenue = $70,200
Variable costs for SilPol = $4.70 x 12,000 units = $56,400
Variable costs for GR37 = $0.10 x 5,100 pounds = $510
Total variable costs = $56,910
Fixed costs for the production of SilPol = $3.80 x 12,000 units = $45,600
Fixed costs for the production of GR37 = $0
Total fixed costs = $45,600
Total costs = Variable costs + Fixed costs = $56,910 + $45,600 = $102
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Why is the housing market not a perfectly competitive market
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Answer:
houses are essential. a need doesn't fall in perfect competition conditions.
When an investor uses the equity method to account for investments in common stock, the investor’s share of cash dividends from the investee should be recorded as:.
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It should be noted that When an investor uses the equity method to account for investments in common stock, cash dividends received by the investor from the investee should be recorded as deduction from the investor's share of the investee's profits.
What is an Equity method?Equity method can be regarded as a process of treating investments when dealing with associate companies.
In this method, cash dividends received by the investor from the investee should be recorded as A deduction from the investor's share.
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25 points
You are an experienced customer service representative. How will you handle an irate customer? What skills will you employ? Your response must be at least 150 words.
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Answer:
The impatient customer
The situation: An impatient customer may have been waiting in line longer than usual, they may be running late to their next appointment, or maybe they're restless while you search for a solution to their issue or concern.
How to handle it: Be clear and to the point without appearing dismissive of their demeanor. Explain transparently why there's a wait or delay without getting into specifics. Make sure an impatient customer knows that effort is being invested in resolving the situation.
Frame your answers in a positive light, too. For example, instead of saying that an item is out of stock, explain that a new delivery is expected by a certain date or that you are working quickly to restock the items in question
Economists assume that people are rational in the sense that.
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Which of the following statements best describes the difference between the USDA’s and the FDA’s responsibilities concerning food?
1.The USDA monitors what is put on the food’s label while the FDA ensures safe farming and harvesting practices.
2. The USDA monitors what is put on the food’s label while the FDA protects environmental conditions.
3.The USDA ensures safe farming and harvesting practices while the FDA protects environmental conditions.
4.The USDA ensures safe farming and harvesting practices while the FDA monitors what is put on the food’s label.
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Answer:A. The USDA ensures save farming and harvesting practices while the FDA monitors what is put on the food labels!
Explanation: I just took it and got it right! Give me brainliest! Have a good day!
Answer:
The USDA makes sure that there is safe farming and safe harvesting practices when the FDA watches what is put on food levels
Explanation:
Pleasseeeeeee don't get me wrong..
Answers
Answer:
Equity Capital
Explanation:
Stocks or shares are the smallest units of a company. Shareholders is the title given to the owners of shares who also own the company. Shares of a company can be acquired when the business decides to raise more capital but offering more stocks through the stock market.
Companies sell their stocks to raise capital for expansion. Investors provide the capital required in exchange for ownership in the company. The money raised is equity capital because it comes from the company owners. Debt capital is when a business borrows from banks or other lenders.
Which of the following can be used to predict the outcome of a game if there are no dominant strategies in the game?
A)Secure strategy
B)Nash equilibrium
C)First-mover advantage
D)Prisoner's dilemma
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If there are no dominant strategies in a game, one way to predict the outcome is through the concept of Nash equilibrium. Nash equilibrium is a solution concept in game theory where each player's strategy is optimal given the strategies of the other players.
When there are no dominant strategies in a game, it means that no single strategy guarantees the best outcome regardless of what the other players do. In such cases, the concept of Nash equilibrium becomes important. Nash equilibrium is a state where each player's strategy is the best response to the strategies chosen by the other players. In other words, no player can improve their outcome by unilaterally deviating from their current strategy, assuming the other players' strategies remain unchanged.
By identifying the Nash equilibrium, we can predict the likely outcome of the game. In a Nash equilibrium, all players are playing their best strategies given the strategies of others. It represents a stable state where the players are in balance and have no incentive to change their strategies. However, it is important to note that the Nash equilibrium does not necessarily mean that it is the best outcome for all players involved. It simply represents a point of stability where no player can unilaterally improve their position.
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During an interview, in addition to asking the questions you prepared in advance, make sure that you ask Question 3 options: closed questions. open questions. primary questions. secondary questions.
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In addition to asking questions prepared in advance, applicant must make sure they ask Closed-ended questions
Closed-ended questions refers to the questions which can only be answered from selection of limited number of options.
Examples of closed-ended question during an interview is "When should i expect a mail from you sir?", What are the ideal quality of staffs you are seeking for?" etc.Hence, during an interview, in addition to asking questions prepared in advance, applicant must make sure they ask Closed-ended questionsTherefore, the Option A is correct.
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Suppose the elasticity of demand for cereal is 1. If cereal increases in price by 25 percent, how much will the quantity demanded decrease by?.
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Quantity demanded after price increase = Quantity demanded before price increase * (1 - percent change in quantity demanded)
= 100 * (1 - 25%) = 100 * 0.75 = 75
How much will the quantity demanded decrease by?.The elasticity of demand measures the responsiveness of quantity demanded to a change in price. A value of 1 for the elasticity of demand means that a 1 percent increase in price will lead to a 1 percent decrease in the quantity demanded.So, if cereal increases in price by 25 percent, we can expect the quantity demanded to decrease by 25 percent, because:Percent change in quantity demanded = elasticity of demand * percent change in price= 1 * 25% = 25%This means that if the quantity demanded for cereal was 100 units before the price increase, after the price increase, we can expect the quantity demanded to decrease to 75 units:Quantity demanded after price increase = Quantity demanded before price increase * (1 - percent change in quantity demanded)= 100 * (1 - 25%) = 100 * 0.75 = 75To learn more about quantity refer:
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Suppose that households become thriftier in the sense that they decide to raise current saving and reduce current consumer demand. a. In the new Keynesian model, what happens to real GDP, Y, and labor, L? b. What happens to the amount of saving? If it decreases, there is said to be a paradox of thrift. c. Can there be a paradox of thrift in the equilibrium business-cycle model?
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In the new Keynesian model, if households become thriftier, real GDP (Y) and labor (L) are likely to decrease. The amount of saving will increase, but the paradox of thrift may arise.
In the new Keynesian model, when households become thriftier, they increase current saving and reduce consumer demand. As a result, aggregate demand decreases, leading to a decrease in real GDP (Y) and a potential decline in labor (L) due to reduced production requirements.
Regarding saving, in the new Keynesian model, an increase in saving accompanies households' thriftiness. However, if the overall level of saving decreases, it may lead to a paradox of thrift. This paradox occurs when individual attempts to save more reduce aggregate demand, causing a decrease in income and thus making it harder for everyone to save.
In the equilibrium business-cycle model, the presence of a paradox of thrift is less clear. This model focuses on the interactions between different agents in the economy and how they adjust their behavior over time. While increased saving may have short-term negative effects on consumption and aggregate demand, the equilibrium model allows for adjustments and potential compensatory factors that could mitigate the paradox of thrift.
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The demand curve in monopolistic competition slopes downward because of: a. strong barriers to entry. b. government regulation. c. product differentiation. d. the small number of firms.
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The demand curve in monopolistic competition slopes downward because of product differentiation.
In monopolistic competition, each firm produces a differentiated product that is unique in some way from its competitors' products. This product differentiation gives firms some degree of control over the price they charge. When firms differentiate their products, they create a perceived difference in quality, features, or branding that makes consumers view each product as somewhat unique. As a result, consumers may be willing to pay different prices for different products based on their preferences.
The downward-sloping demand curve in monopolistic competition reflects the relationship between price and quantity demanded for a particular firm's product. As the price of a product decreases, consumers are willing to purchase more of it, and vice versa. The differentiation of products creates a perceived difference in value and utility, leading to variations in demand as prices change. Firms in monopolistic competition aim to find the price and quantity combination that maximizes their profits based on the demand for their differentiated product.
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What is the basic sequence of events in the design process?
Create a prototype, collect customer feedback, order raw materials
Purchase equipment, hire staff, begin production
Determine characteristics of product, create a prototype, create a technical plan
Order raw materials, create proprietary software, assemble prototype
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The typical fundamental order of events in the design process is as follows: Determining the issue or need, accumulating data and needs
What is the basic sequence of events in the design process?Generating a thorough design strategy, coming up with a prototype, testing it, making adjustments, and then putting the finishing touches on the project.
To better understand the needs and limitations for the solution, the problem or need must first be recognized and information must be obtained. Afterwards, a preferred solution is chosen after considering a variety of options. The qualities and technical requirements of the product are then outlined in a thorough design plan.
The next step is to create and test a prototype, iterating the design as necessary in response to user feedback. The product is then created, delivered, and sold to consumers.
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Uppose the Sunglasses Hut Company has a profit function given by P(q) = -0. 01q² + 69 – 33, where q is the number of thousands of pairs of sunglasses sold and produced, and P(q) is the total profit, in thousands of dollars, from selling and producing a pairs of sunglasses. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer. ) Answer: MP(q) = B) How many pairs of sunglasses (in thousands) should be sold to maximize profits? (If necessary, round your answer to three decimal places. )
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A) The simplified expression for the marginal profit function is MP(q) = -0.02q + 69.
B) To maximize profits, the company should sell approximately 1,750 pairs of sunglasses (in thousands).
A) The marginal profit function represents the rate of change of profit with respect to the quantity sold. To find it, we differentiate the profit function P(q) with respect to q. Taking the derivative of P(q) = -0.01q² + 69q - 33, we get MP(q) = -0.02q + 69.
B) To maximize profits, we need to find the value of q that corresponds to the maximum point on the profit function. This can be determined by finding the vertex of the quadratic function -0.01q² + 69q - 33. The vertex occurs at q = -b/2a, where a = -0.01 and b = 69. Plugging these values into the formula, we find q ≈ 1,750 pairs of sunglasses.
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Tesla’s various models used thousands of parts and components sourced from hundreds of suppliers across the world; this allowed the company to have sufficiently adequate access to supplies of raw materials to meet the needs of its operations.
(Click to select) Yes No
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Yes, Tesla's manufacturing process involves using various models that are made up of thousands of parts and components. These parts and components are sourced from hundreds of suppliers across the world.
This strategy has allowed Tesla to have access to a wide range of raw materials needed for its operations. This approach has enabled the company to have sufficient access to supplies of raw materials, which is critical for the success of any manufacturing operation.
By sourcing parts and components from various suppliers across the world, Tesla has been able to optimize its manufacturing process and reduce costs.
Additionally, having a diverse range of suppliers also helps to mitigate the risk of supply chain disruptions. Overall, Tesla's approach to sourcing parts and components has been a crucial factor in the company's success and has helped it to become one of the most innovative and successful companies in the world.
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Pretend you are President of the United States. The Citizens and the economy of the USA need financial assistance to get back on their feet. List and describe three fiscal Policies you would initiate (describe each policy in 3 sentences):
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Assuming i am the President of U.S. and the country needs a financial assistance to get back on their feet. The most likely fiscal Policies we would initiate are the:
contractionary fiscal policyexpansionary fiscal policyWhat do we call a Fiscal policy?In economics, a fiscal policy refers to a governmental decision to increase or decrease taxation and spending. Most time, a Fiscal and monetary policy are often used together to influence the economy. But the fiscal policy can affect a company’s growth, hiring ability and taxes.
We have 3 types of fiscal policy which includes a neutral, expansionary, and contractionary fiscal policy. The neutral policy is one where government takes no steps to provide economic support because it feels the economy is healthy and stable, the expansionary fiscal policy mainly involves increasing spending or cutting taxes to prevent or end a recession or depression and the contractionary fiscal policy involves cutting spending or raising taxes to slow down unsustainable economic growth.
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Milden company is a distributor who wants to start using a contribution format income statement for planning purposes. the company has analyzed its expenses and developed the following cost formulas: cost cost formula cost of good sold $35 per unit sold advertising expense $210,000 per quarter sales commissions 6% of sales shipping expense ? administrative salaries $145,000 per quarter insurance expense $9,000 per quarter depreciation expense $76,000 per quarter because shipping expense is a mixed cost, the company needs to estimate the variable shipping expense per unit sold and the fixed shipping expense per quarter using the following data: quarter units sold shipping expense year 1: first 10,000 $ 119,000 second 16,000 $ 175,000 third 18,000 $ 190,000 fourth 15,000 $ 164,000 year 2: first 11,000 $ 130,000 second 17,000 $ 185,000 third 20,000 $ 210,000 fourth 13,000 $ 147,000 required: 1. using the high-low method, estimate a cost formula for shipping expense in the form y
Answers
The cost formula for shipping expense is y = $28,000 + $9.1x where x represents the number of units sold.
To estimate the cost formula for shipping expenses using the high-low method, we need to identify the highest and lowest levels of activity and the corresponding total costs. From the data provided, it appears that the highest level of activity is in Year 2, the third quarter with 20,000 units sold and a shipping expense of $210,000. The lowest level of activity is in Year 1, a first quarter with 10,000 units sold and a shipping expense of $119,000.
The variable cost per unit can be calculated as the change in cost divided by the change in activity: ($210,000 - $119,000) / (20,000 - 10,000) = $9.1 per unit.
The total fixed cost can be calculated by subtracting the total variable cost from the total cost at either the highest or lowest level of activity. Using the highest level of activity: $210,000 - ($9.1 * 20,000) = $28,000.
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Analyzing and Computing Accrued Interest on Notes During the current year, Penman Inc. issued three short-term notes payable with principal and interest due at the end of the term of the note. Compute interest accrued for each of the notes payable as of December 31 of the current year (assume a 365-day year). Round answers to two decimal places. Issuance Coupon Lender Date Principal Rate(%) Term Accrued Interest Nissim 11/21 $30,000 1096 120 days $ Klein 12/13 22,000 8 90 days $ Bildersee 60 days $ 12/19 26,000 6
Answers
Compute the accrued interest for each of the notes payable as of December 31 of the current year, we need to use the formula.
Accrued Interest = Principal x Rate x Time. Note payable to Nissim:
Principal: $30,000
Rate: 10.96% (converted from 1096 basis points)
Term: 120 days
To calculate the accrued interest, we use the formula:
Accrued Interest = Principal x Rate x Time
Accrued Interest = $30,000 x 0.1096 x (120/365)
Accrued Interest = $30,000 x 0.1096 x 0.3288
Accrued Interest ≈ $1,082.86 (rounded to two decimal places)
Note payable to Klein:
Principal: $22,000
Rate: 8%
Term: 90 days
Accrued Interest = Principal x Rate x Time
Accrued Interest = $22,000 x 0.08 x (90/365)
Accrued Interest = $22,000 x 0.08 x 0.2466
Accrued Interest ≈ $428.13 (rounded to two decimal places)
Note payable to Bildersee:
Principal: $26,000
Rate: 6%
Term: 60 days
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give an example of a business operating in a monopolistic market in South Africa
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Answer:
Diamond sales by De Beers's Central Selling Organisation (CSO) and SA Breweries' (SAB) production of beer.
Explanation:
That is one I honestly think.
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Does anyone know how to start your own business as a teen? I am trying to start my own beauty business, with face products etc. Also I need name ideas one of that I was thinking of was Natural Beauty. Since I am going to be selling all natural products
Answers
Answer:
i'm no expert but, i think first start out with ideas of the business u wanna do and keep adding on to those ideas you already have and find a business idea you know you can invest in and stick to that business so you can make money you want and supply the products people want and need so, that your making money to help yourself out in life and their getting supplies that are good and don't have harsh chemicals so, it doesn't result in you losing money. Also Natural Beauty is a good name but, i think you might like these three name ideas but, if not its okay go with the name you want since it's your business. Here are the name ideas Natural Essentials, Clear Beauty, or Organic Beauty Essentials.
Answer:
Many small business owners decide to set up an LLC for the liability protection it provides. An LLC, or limited liability company, exists separately from its owners (known as members), and the owners are therefore not personally responsible for business debts.Most states don’t allow two different business entities to have the same name. So you can’t, for example, have “Joe’s Donuts, LLC” and “Joe’s Donuts, Inc.,” even if they’re located in different cities. Many states also restrict companies from using certain words in their names, such as “bank.” If the LLC name you’ve selected is available, but you aren’t going to be filing your LLC documents right away, you may want to reserve the name. Nearly every state allows you to reserve a name by filing a form and paying a name reservation fee. The length of the reservation period, filing fees, and renewal policies vary from state to state.Almost every state requires its LLCs to name a registered agent (also sometimes called a statutory agent). A registered agent is a person who agrees to receive lawsuits, subpoenas and other official documents on behalf of the LLC and to pass them along to the appropriate person at the LLC.An LLC operating agreement is the roadmap that describes how your LLC will be run. It specifies such things as the ownership interests and voting rights of the members, how profits and losses will be allocated, how meetings will be held, how the business will be governed, the rights of the members if one of them dies or leaves the business, and the way the company will be dissolved if it goes out of business.Each state has its own form and procedure for establishing an LLC. In general, you must file articles of organization that list.After the LLC’s formation documents are filed and approved, the state will issue a certificate or other document that confirms that your LLC formally exists. Once you’ve received the certificate, you can take care of business matters like obtaining a tax ID number and business licenses and setting up a business bank account. Explanation:If your LLC does business in more than one state, you may need to register to do business in other states. To do this, you’ll need to fill out and submit paperwork that’s similar to the paperwork you filed when you formed your LLC. You’ll also need a registered agent in each state where you are authorized to do business.
how do you find your claimant id number for unemployment
Answers
Answer:
The Claimant ID can be found in the upper-right of the UI Finding letter, as well as other letters received from IDES. Fraud victims can use the information from a fraudulent UI Finding letter to report the case to IDES.
Explanation:
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an automobile manufacturer builds compact cars, sport utility vehicles and luxury vehicles. company managers want to run a television campaign to advertise their vehicles to high-income wage earners. they want to run televised ads on business news programs where they believe they can reach at least 8 million women and 5 million men. at the same time, they want to run televised ads on sports events where they believe they can target at least 3 million women and 10 million men. managers believe they need to reach at least 32 million women and 28 million men to be successful. each televised ad run on business news programs typically costs $12,000 per one-minute spot compared to $23,000 per one-minute spot on sports events. using x to represent the number of ads televised on business news programs and y to represent the number of ads run on sports events, state the objective function that minimizes their total cost c for the ad campaign.
Answers
To minimize the total cost, the company should run 8 ads on business news programs and 3 ads on sports events. This will cost a total of $160,400.
The objective function that minimizes their total cost can be represented as:
C = 12,000x + 23,000y
Here, x represents the number of ads televised on business news programs and y represents the number of ads run on sports events. Now, to find the values of x and y that minimize the total cost C, we need to solve the given linear programming problem subject to certain constraints.
Let x1 be the number of ads televised on business news programs that can reach 8 million women and 5 million men, and x2 be the number of ads run on sports events that can target 3 million women and 10 million men. Then, the constraints can be written as:
8x1 + 3x2 ≥ 32 (to reach at least 32 million women)
5x1 + 10x2 ≥ 28 (to reach at least 28 million men)
The objective function can be visualized graphically as a straight line with the slope of -12000/23000 = -12/23. The feasible region is the area that satisfies the constraints. The corner points of this region can be found by solving the system of inequalities. Once we have the corner points, we can evaluate the objective function at each point to find the minimum value.
In this case, the corner points are:
(4, 4.4)(8, 2.8)(3.6667, 2.6667)
The minimum value of the objective function occurs at (8, 2.8) and is given by:
C = 12,000x + 23,000y= 12,000(8) + 23,000(2.8)
= 96,000 + 64,400= 160,400
Therefore, to minimize the total cost, the company should run 8 ads on business news programs and 3 ads on sports events. This will cost a total of $160,400.
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What is your opinion on the saying "If it doesn't challenge you, it doesn't change you"?
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Answer:
I believe this saying refers to how we need challenges in our lives so that we can experience failure and learn from it.
. The purpose of the transportation approach for locational analysis is to minimize
a) total costs b) total shipping costs
c) total variable costs
d) total fixed costs
Answers
The purpose of the transportation approach for locational analysis is to minimize total costs. So, the correct option is a) total costs.
This approach is used to determine the optimal location for a facility by considering transportation costs and distances between potential locations and the facility's customers or suppliers. By minimizing total costs, a company can improve its competitiveness and profitability.
The transportation approach involves using linear programming techniques to optimize the allocation of goods between different locations. This technique considers factors such as shipping costs, transportation times, and inventory carrying costs to determine the most efficient way to move goods from one location to another.
By minimizing total costs, a company can also reduce its environmental impact by minimizing the distance traveled and the energy required for transportation. This approach can also help to reduce congestion and traffic on the roads, leading to a more sustainable and efficient transportation system.
In summary, the transportation approach for locational analysis is an important tool for businesses to optimize their operations, reduce costs, and improve sustainability.
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Under this kind of program, cities demolished poor neighborhoods in city centers that occupied potentially valuable real estate; in its place were constructed retail centers and all-white middle-income housing complexes. a.white flight b.neighborhood stabilization program c.urban renewal d.suburbs
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The description explained depicts urban renewal.
Urban renewal were the policies that were out in place to enable housing authorities and local governments to demolish the neighborhoods that were considered to be blighted and poor and then replace such neighborhoods with real estate that were more valuable and were usually reserved for the white people.
Houses that were seen to be slums were destroyed and newer and fascinating neighborhood were constructed.
In conclusion, the correct option is C "urban renewal".
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The following table shows a person's nominal and real wages for three years, as well as the price level (price index) for each year, using the first year as the base year. Fill in the blanks in the table, and then calculate the annual inflation rate for each year (not including the base year).
Instructions: Round your answers to 2 decimal places.
Answers
Answer:
Year Nominal wage Real wage Price level Inflation rate
1 $7 $5 140 Nil
2 $9 $6 150 7.14 %
3 $12 $7.5 160 6.67 %
Explanation:
Note: The table for the question is attached as picture
Price level in Year 1 = (Nominal wage in year 1/Real wage in year 1) * 100
Price level in Year 1 = ($7.00 / $5.00) * 100
Price level in Year 1 = 1.4 * 100
Price level in Year 1 = 140
Real wage in Year 2 = (Nominal wage in year 2 / Price level in year 2) * 100.
Real wage in Year 2 = ($9.00 / 150.00) * 100
Real wage in Year 2 = $6
Nominal wage in Year 3 = (Real wage in Year 3 * Price level in Year 3) / 100.
Nominal wage in Year 3 = ($7.50 * 160) / 100
Nominal wage in Year 3 = $1,200 / 100
Nominal wage in Year 3 = $12
Inflation rate in Year 2 = (Price level in Year 2 - Price level in Year 1) / Price level in Year 1.
Inflation rate in Year 2 = (150 - 140) / 140
Inflation rate in Year 2 = 10 / 140
Inflation rate in Year 2 = 0.0714
Inflation rate in Year 2 = 7.14 %
Inflation rate in Year 3 = (Price level in Year 3 - Price level in Year 2) / Price level in Year 2.
Inflation rate in Year 3 = (160 - 150) / 150
Inflation rate in Year 3 = 10 / 150
Inflation rate in Year 3 = 0.0667
Inflation rate in Year 3 = 6.67%.
Price level in year 1 , Real wages in year 2 , Inflation rate in year 2 and Nominal wages in year 3 are 180, 8, 11.11% and 18 respectively.
Inflation based problem:Missing information is given in the picture below.
Computation:
Price level in year 1 = [NW / RW]100
Price level in year 1 = [9 / 5]100
Price level in year 1 = 180
Real wages in year 2 = NW[100 / Price level in year 2]
Real wages in year 2 = 16[100 / 200]
Real wages in year 2 = 8
Inflation rate in year 2 = \(\frac{Price\ level \ in \ year 2 - Price\ level \ in \ year 1}{Price\ level \ in \ year 1} \times 100\)
Inflation rate in year 2 = \(\frac{200-180}{180} \times100\)
Inflation rate in year 2 = 11.11%
Nominal wages in year 3 = \(\frac{Real \ wages \times price \ level \ in \ year 3}{100}\)
Nominal wages in year 3 = \(\frac{7.50 \times240}{100}\)
Nominal wages in year 3 = 18
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A smartphone manufacturer asks its designers to investigate how their products can better support visually impaired users. which economic question are they focusing on? what to produce? how to produce? when to produce? for whom to produce?
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The smartphone manufacturer is focusing on the economic question: "For whom to produce?" Thus, option D is the correct option.
They are investigating how their products can better support visually impaired users, which involves identifying a specific target audience or group of consumers (visually impaired users) for whom they will tailor their product.
This question relates to determining the target market and addressing the needs of a particular segment of the population, which falls under the "For whom to produce?" economic question.
Thus, option D is the correct option.
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The people who are working for and supporting a company's success are also known as what?
A. Sales leads
B. Prospects
C. Authoritative managers
D. Human resources
Answers
Answer:
D. Human resources
Explanation:
Human resource is the term that describes the people who work for an organization, business, or industry. The term human resource describes the employees, workforce, or personnel in a company.
Human resource contributes different skills and talents to a business making it succeed. Anybody who to trade their labor, energy, skills, knowledge, or time for compensation to grow an organization is a human resource. Part-time workers, full-time employees, contractors, and freelancers are all considered human resources in a company.
Answer:
D. Human Resources
Explanation:
Edg2020 quiz
On December 16, Carboy, Incorporated, borrows $120,000 cash from Third National Bank at 9 percent annual interest. The note is due in 45 days. At December 31, Carboy records any unpaid interest with an adjusting entry. On January 30 of the next year, Carboy pays the principal and interest owed on the bank note.
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Since there is an interest due of 450, interest payable becomes debit as the payment is done. The same as for notes payable. Carboy records an adjusting entry at December 31, 2019.
Journal EntryInterest Expense (Debit) 450 (Note - 1)
Interest Payable (Credit) 450
Note - 1: Borrowing - $120,000; Interest Rate = 9%; Maturity date = 45 days.
(Assuming 360 days = 1 year).
Therefore, interest expense = ($120,000*0.09)*(15/360) = $450.
Since the maturity date is 45 days, from December 16 to December 31, it should be 15 days. And the maturity date should be January 30, 2020.
The journal entry to record the interest plus principal paid -
Date Particulars Debit Credit
Jan-30, 2020 Interest Expense 900
Interest payable 450
Notes Payable 120,000
Cash 121,350
The interest expense for this month to be payable = $(120,000*0.09)/12 = $900.
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