An agent is
- any intermediary with legal authority to act on behalf of the manufacturer but who does not take title to products.
- independent firms lr individuals whose principal function is to transport goods.
- any intermediary that takes ownership of a manufacturer's goods kr services and then finds multiple buyets for them.
- a manufacturer's paid representative and acting voice in initial sales transactions.
- a manufacturung "matchmaker" that actively seeks out potential consumers and brings them to retailers.
Answers
An agent is a manufacturer's paid representative and acting voice in initial sales transactions. 4th option
Agents are intermediaries who act on behalf of manufacturers to sell products or services. The role of the agent is to make connections between buyers and sellers and to facilitate the sales process.An agent is a person or company that acts on behalf of another person or company, known as the principal. The agent has the authority to make decisions and act on behalf of the principal in various business transactions. Agents are commonly used in the sale of goods and services and in the real estate industry.An agent does not take title to products, unlike distributors, who take ownership of the goods or services and then sell them to multiple buyers. Instead, the agent represents the manufacturer and acts as their representative in initial sales transactions.
The agent is paid by the manufacturer for their services and is responsible for finding potential buyers and negotiating sales terms. An agent can be an individual or a company, and their primary role is to act as a liaison between the manufacturer and the buyer. They help to market the product or service to potential buyers, negotiate terms of sale, and ensure that the transaction is completed successfully. Overall, agents are essential in facilitating business transactions and helping manufacturers to reach new markets and customers.
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Related Questions
The formula for the cross elasticity of demand is written as the percentage change in the quantity demanded of one product ______ by the percentage change in the price of another product.
Answers
The formula for the cross elasticity of demand is written as the percentage change in the quantity demanded of one product divided by the percentage change in the price of another product.
The cross elasticity of demand is a measure used to determine the relationship between two products and how changes in the price of one product affect the quantity demanded of another product. The formula for cross elasticity of demand compares the percentage change in the quantity demanded of one product to the percentage change in the price of another product.
Mathematically, the formula for cross elasticity of demand can be expressed as:
Cross elasticity of demand = (% change in quantity demanded of Product A) / (% change in price of Product B)
By using this formula, we can analyze the responsiveness of consumers to changes in the price of one product with respect to the quantity demanded of another product. A positive cross elasticity of demand indicates that the two products are substitutes, meaning that an increase in the price of one product leads to an increase in the demand for the other product. On the other hand, a negative cross elasticity of demand suggests that the two products are complements, indicating that an increase in the price of one product results in a decrease in the demand for the other product.
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Can ah budget include donations to charities
Answers
Answer:
A common rule of thumb for budgeting for charitable donations uses the concept of the 50/30/20 split for your budget. The other portion is for your wants: About 30 percent of your budget goes into this category, which might include vacations, gifts, or date nights.
An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making
and tight control by the parent company over most aspects of worldwide operations is known as the model.
A. international
B. multinational
C. global
D.
transnational
E. intranational
Answers
A multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management. These companies, also known as international, stateless, or transnational corporate organizations tend to have budgets that exceed those of many small countries.
Economically, a "want" is something __________.
Answers
Explanation:
a "want" is something desired
A country currently has a population of 200 million and an annual growth rate of 3.0%. If the growth rate remains constant, after 70 years, the population will be approximately:
Answers
One consequence for defaulting on a loan is having your transcript
withheld. How could this affect you as you graduate?
Answers
Answer:
Have your academic transcript withheld until your student debt is repaid You’ll also see your credit score impacted. Though there’s not a hard-and-fast number of points you’ll see your score drop by, Rod Griffin, director of consumer education at Experian, said the impact will be “major.”
a tariff levied as a fixed charge for each unit of a good imported is called a(n)
Answers
A tariff levied as a fixed charge for each unit of a good imported is called a specific tariff.
This means that the amount of tariff charged remains constant per unit, regardless of the price of the imported good. In other words, a specific tariff is applied uniformly on each unit of the imported good, regardless of its value. A specific tariff is a type of import tax. The purpose of specific tariffs is to protect domestic industries from foreign competition and to generate revenue for the government.
For example, if a specific tariff of $2 per unit is imposed on imported shoes, then the importer will have to pay $2 for every pair of shoes imported, regardless of the price of the shoes. Specific tariffs are often used to protect domestic industries by making imported goods more expensive and less competitive in the domestic market.
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what are the two restrictions for adding spns to an account?
Answers
The restrictions for adding SPNs can vary depending on the specific system, application, or service involved. In general, however, here are two common considerations:Unique SPN requirement: Each SPN must be unique within a domain or a specific service account.
This means that you cannot have duplicate SPNs associated with different accounts or services. Appropriate permissions: Adding SPNs typically requires administrative privileges or appropriate permissions, as it involves making changes to the Active Directory or service configurations. Only users or administrators with the necessary access rights can add or modify SPNs.
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Bart, Inc., a newly organized corporation, uses the equity method of accounting for its 30% investment in Rex Co.'s common stock. During 20X5, Rex paid dividends of $300,000 and reported earnings of $900,000. In addition: The dividends received from Rex are eligible for the 80% dividends-received deduction. All the undistributed earnings of Rex will be distributed in future years. There are no other temporary differences. Bart's 20X5 income tax rate is 30%. The enacted income tax rate after 20X5 is 25%. In Bart's December 31, 20X5 balance sheet, the deferred income tax liability should be
Answers
Answer:
The right answer is "$9,000". A further explanation is given below.
Explanation:
The given values are:
Rex paid dividends,
= $300,000
Reported earnings,
= $900,000
Investment,
= 30%
Taxable rate applicable,
= 25%
Now,
Throughout the future years, the amount of dividends taxable will be:
= \((900,000 - 300,000)\times 30 \ percent\)
= \(180,000\) ($)
Dividends received deduction will be:
= \(180,000\times 80 \ percent\)
= \(144,000\) ($)
then,
Net taxable dividend will be:
= \(180,000-144,000\)
= \(36,000\)
hence,
Deferred tax liability will be:
= \(36,000\times 25 \ percent\)
= \(9,000\) ($)
How do government regulations affect supply and demand? In a paragraph, explain how a government regulation to increase bicycle safety might affect supply and demand. The new government regulation requires bicycle manufacturers to put a chain guard on the bicycles they make. Would that affect the supply of bicycles? Give reasons for your answer.
Answers
First off, the new legislation would require money from bicycle makers for research and development, a redesign of their production process, and implementation. This might raise their prices.
How do government policies impact supply and demand?Demand is mostly affected by economic regulations like the GST and excise charge. If taxes are high, the cost of that product will also be high, which will result in a decrease in demand as a result of the price increase, and vice versa.
How can the government boost demand?The government may create demand by decreasing taxes and increasing spending. Lower income taxes will increase disposable income and encourage spending. More government spending will stimulate the economy and bring about job growth.
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what is a potential problem with global trade
Answers
10)
How might a mission statement help Donna with her new
business?
Answers
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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managers use ________ to visualize how strategic goals relate to one another and to overall firm success.
Answers
Based on business management, Managers use strategy maps to visualize how strategic goals relate to one another and overall firm success.
What is a Strategy Map?A strategy map is a graphical map that is utilized to record the vital strategic goals achieved by a company or management team.
Different Perspectives of Strategy MapsThere are four different perspectives of strategy maps, and they are:
FinancialCustomerInternalLearning and GrowHence, in this case, it is concluded that the correct answer is Strategy Maps.
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the negative impact of the coronavirus as one of the socio- economic issues on businesses
Answers
Answer: reducuced workforce across all economic sectors and caused many jobs to be lost.
Explanation:
You plan to operate a basketball camp during the summer at Duke University. The total number of participants is 200. Camp participants will stay three nights in the university dormitories, and each room will house two camp participants. Duke charges you $40 per room each night. Liability insurance to run the camp will cost $3,000. Meals for the three day camp will cost $6,000. Duke will not charge you for the use of the basketball facility. Nike will provide sporting goods to be used by, and given to, participants. You and your partner each want to make $8,000 profit from running the camp. How much will you have to charge each participant to meet your goal?
Answers
Answer:
$245 per participant
Explanation:
total number of participants = 200
total costs for 200 participants:
$40 per night x 3 nights x 200 = $24,000 for rooms$3,000 for insurance$6,000 for mealstotal costs = $33,000
if you want to earn $16,000 in profits ($8,000 each),
price per participant = ($33,000 + $16,000) / 200 = $49,000 / 200 = $245
ford motor company owns and operates a $1.9 billion manufacturing plant in brazil. what method for organizing global business has ford used in this example?
Answers
Ford Motor Company's ownership and operation of a $1.9 billion manufacturing plant in Brazil demonstrates the use of the Wholly Owned Subsidiary method for organizing global business.
A wholly owned subsidiary is a business entity that is completely owned and controlled by another company. In this case, Ford Motor Company owns the manufacturing plant in Brazil outright, meaning it has full control over its operations, management, and profits. This method allows Ford to have direct involvement and decision-making authority over the manufacturing operations in Brazil. Establishing a wholly owned subsidiary provides several advantages, including the ability to maintain tight control over operations, protect proprietary technology and intellectual property, and ensure consistency in production standards and quality across global locations.
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Permissive subjects include
location of plant facilities.
health benefits.
work assignments.
flexible spending accounts.
Answers
Permissive subjects are those topics that may be negotiated between an employer and employees but are not required to be discussed during collective bargaining. Some examples of permissive subjects include location of plant facilities, health benefits, work assignments, and flexible spending accounts.
Location of plant facilities refers to the physical site where a company's operations take place. Negotiations might involve relocating the facility, expansion plans, or improvement of the current facility.
Health benefits are part of an employee's compensation package and can include medical, dental, and vision coverage. Companies and employees may negotiate the extent and types of coverage provided, as well as the costs to both parties.
Work assignments refer to the specific tasks and responsibilities assigned to employees within their job role. Negotiations on this topic might involve adjustments to job duties or the implementation of more flexible work arrangements.
Flexible spending accounts (FSAs) are pre-tax benefit accounts that employees can use to pay for eligible healthcare and dependent care expenses. In a negotiation, the employer and employees may discuss the establishment of FSAs, contribution limits, and eligible expenses.
In conclusion, permissive subjects are negotiable but not mandatory topics that may be included in collective bargaining between employers and employees.
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Credit sales 172,000 collections on accounts receivable during the year 170,000 cash sales 818,000 unadjusted debit balance in allowance for doubtful accounts 40 sales returns and allowances for credit sales 2,000 accounts receivable, beginning 14,000.If expected bad debts are estimated to be 1 1/2% of ending accounts receivable, the adjusting entry to recognize bad debts will include a debit to bad debt expense for a) $170 b)$190 c) $250 d) $210
Answers
Answer:
$250 ( C )
Explanation:
using the given data below is the entry
The adjusting entry to recognize bad debts will include a debit to bad debt expense for
particulars amountBeginning accounts receivable 14000
+ Credit sales made during the year 172000
(-) collections from debtors (170000)
(-) expected salary return & allowances for credit sales (2000)
Ending accounts receivable 14000
Percentage of bad debt 1.5%
Total bad debts balance required ( 14000*1.5%) 210
+ Already debit balance in allowance for doubtful account 40
Total debit to be made in bad debts 250
Total debts = total bad debts balance required + already debit balance in all
= 210 + 40 = $250
How much money is this legitimately worth???
Answers
Answer:
$300,000
Explanation:
A city property tax bill of $5,000 for a person in the 25% tax bracket results in:
A. a federal income tax savings of $1,250 for the taxpayer
B. a reduction of $5,000 in taxable income for the taxpayer
C. an extra $1,250 for the federal government
Answers
Answer:
Explanation: The right answer is A, which represents a taxpayer savings of $1,250 in federal income taxes.
A taxpayer in the 25% tax rate can deduct $5,000 of their property tax payments from their taxable income. As a result, their taxable income is decreased by $5,000. The deduction amount multiplied by the taxpayer's marginal tax rate of 25% results in the amount of federal income tax that is avoided as a result of this deduction. So, the taxpayer saves $1,250 in federal income taxes.
Answer: I may be wrong but I think b
Explanation:
Ended 28 February 2021. 2 Fill in the missing amounts on the Current Account note. INFORMATION: Information to complete the Statement of Comprehensive Income: The business applies a profit mark-up of 50% on all goods sold. This was achieved during the current financial year. A further R2 000 was still receivable for commission income. * Rent income includes rent for the entire financial year as well as for March 2021. Note: Rent was increased by 10% p. A. From 1 January 2021. • A further R1 800 must be written off as bad debts; the provision for bad debts must then be increased by R480. • Insurance includes and annual premium of R7 860 effective and paid for in full, from 1 November 2020. Water and electricity for February 2021 was not yet paid, R3 700. A physical stock-take on 28 February 2021 revealed that R412 000 of trading stock was on hand. The ledger account balance was R416 300. The consumable stores account reflected a balance of R26 000. Only R18 000 of this was used during the year. The partners agreement makes provision for the following: Salary allowances: Partner Zwini receives R10 800 per month Partner Amanda receives R150 000 per annum This rate was unchanged during the financial year. Interest on capital: income statement
Answers
Missing amounts on the Current Account note: Rent income for February 2021: To calculate the rent income for February 2021, we need to apply the 10% increase to the rent income for the entire financial year.
Water and electricity expenses for February 2021: The unpaid amount for water and electricity expenses in February 2021 is R3,700.
Trading stock on hand: The physical stock-take on 28 February 2021 revealed that R412,000 worth of trading stock was on hand.
Consumable stores used during the year: The consumable stores account reflected a balance of R26,000, with only R18,000 used during the year.
Rent income for February 2021: Apply the 10% increase to the rent income for the entire financial year to determine the missing amount.
Water and electricity expenses for February 2021: The unpaid amount for water and electricity expenses in February 2021 is R3,700.
Trading stock on hand: The physical stock-take on 28 February 2021 revealed that R412,000 worth of trading stock was on hand.
Consumable stores used during the year: The consumable stores account showed a balance of R26,000, with only R18,000 used during the year.
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4. Suppose the cross-price elasticity of demand for pork with respect to the price of
chicken is equal to +0. 4. What does this tell you about the relationship between pork
and chicken (substitutes, complements)? What will happen to consumption of pork if
the price of chicken falls by 20%?
Answers
Cross-price elasticity of demand is a measure of how responsive the demand for one good is to a change in the price of another good. A positive cross-price elasticity of demand indicates that the two goods are substitutes, meaning that an increase in the price of one good leads to an increase in the demand for the other good, while a decrease in the price of one good leads to a decrease in the demand for the other good.
In this case, the cross-price elasticity of demand for pork with respect to the price of chicken is equal to +0.4, indicating that pork and chicken are substitutes. This means that an increase in the price of chicken will lead to an increase in the demand for pork, while a decrease in the price of chicken will lead to a decrease in the demand for pork.
If the price of chicken falls by 20%, the demand for pork will increase due to the positive cross-price elasticity of demand. However, the extent of the increase in demand will depend on the size of the cross-price elasticity of demand. In this case, a 20% decrease in the price of chicken will lead to a 0.4 x 20% = 8% increase in the demand for pork. Therefore, the consumption of pork will increase by 8% if the price of chicken falls by 20%.
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Mack is an oil executive. He wants to start a new company with different partners to explore some drilling opportunities. His attorney advises him about the various business forms. When discussing the llc form, his attorney mentions that one of the biggest disadvantages of the llc form is that.
Answers
When discussing the llc form, his attorney mentions that one of the biggest disadvantages of the llc form is that there is no uniform law governing LLCs in the United States.
When you attempt to start an indebtedness company (LLC), you'll be able to value more highly to form your company in any state, irrespective of where you're based. But in most circumstances, your home state is going to be your most-effective option.
It has been attorney enacted in 20 U.S. jurisdictions: Alabama, Arizona, Arkansas, California, Connecticut, the District of Columbia, Florida, Idaho, Illinois, Iowa, Minnesota, Nebraska, New Jersey, American state, Pennsylvania, Mount Rushmore State, Utah, Vermont, Washington, and Wyoming.
As of this writing, the sole state that does not allow the formation of an in-state Series LLC is California. California has specific and strict regulations governing business normally, and there's currently no such thing as a California Series LLC. "Model" acts, as compared, are intended to function guideline legislation which states can borrow from or adapt to suit their respective situations.
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You plan to host three recruiting events. Each event charges $100/hour. If you ran your event for two hours at each event, what would be the total cost?
Answers
Answer:
Total cost = $600
Explanation:
Given:
Number of events = 3
Cost per hour = $100
Each event time = 2 hour
Find:
Total cost
Computation:
Total cost = Number of events x Cost per hour x Each event time
Total cost = 3 x 100 x 2
Total cost = $600
A _____ center manager is evaluated on their success in generating income.
Multiple choice question.
cost center
profit center
investment center
asset center
Answers
Profit centre is the right response. The manager of a profit centre is in charge of enhancing profitability and generating revenue.
Is the profit centre manager in charge of producing profits?The manager of a profit centre is in charge of the subunit's revenue production. They are also in charge of paying the charges and expenses incurred by the subunit during regular company operations. As a result, the profit of the component belongs to the profit centre manager.
What duties fall under the purview of a profit centre manager?A manager of a profit centre is responsible for both sales and outlays (expenses), and consequently for profits. This indicates that the manager is responsible for directing the operations that generate revenue from sales which lead to cash inflows and at the same time controlling the cost-generating activities.
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A detail action plan is very essential in commercial fruit farming. Why?
Answers
Answer:
below
Explanation:
It is important because if the fruits get spoiled by bugs no one will be able to buy them and profits will go down. bo
what is the overall goal of conflict management? a) stimulating conflict b) resolving conflict c) identifying conflict d) assessing the source of conflict e) achieving the desired conflict level
Answers
The overall goal of conflict management is resolving conflict. The correct option is B.
Conflict management is the process of identifying and addressing conflicts in a fair, effective, and efficient manner. The ultimate goal of this process is to resolve the conflict and reach a mutually beneficial resolution for all parties involved.
This can be achieved through various methods such as communication, negotiation, and mediation. By resolving conflict, we can reduce the negative effects of conflict such as stress and tension, and promote positive outcomes such as improved relationships and productivity.
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examine various indigenous Technologies used in Nepal and write how they are improving the lives of people involved.
Answers
Indigenous Technology used in Nepal, there are two indigenous technologies dhiki and jato.
Dhiki is an old style rice mill or husk found in Nepal. It is usually made of hard wood. In jato, a stone grinder machine which is made of from stone, the grains are grinded by using hand.
They are improving the lives of people involved by indigenous technologies with its constitutes are important part of its cultural heritage. The various indigenous Technologies used in Nepal for improving the lives of people for soil management, improving cultivation method, and etc.
Tremendous opportunities exist where such knowledge can contribute to modern science and natural resource management.
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T/F creativity is both derivative and unique
Answers
The correct answer is True. Creativity can be both derivative and unique at the same time. Derivative creativity involves taking existing ideas or concepts and adapting or modifying them to create something new. This form of creativity involves drawing inspiration from existing ideas and adding your own unique twist to them.
Unique creativity, on the other hand, involves creating something entirely new and original that has never been seen or heard of before. This type of creativity requires a high degree of originality, imagination, and innovation. It is important to note that both forms of creativity are equally valuable and can lead to great success. Some of the most successful and iconic works of art, music, and literature have been derivative in nature, taking inspiration from existing works and adding their own unique spin. At the same time, many groundbreaking inventions and ideas have stemmed from unique creativity, leading to transformative change in various industries.
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change
as indicated as in the bracket.
. .
no. shaxma is. honest pesson. (a, an, the)
fo
H
Answers
Answer:
No Sharma is an honest person.
Explanation:
Articles are "a, an, the" and are used according to their nature like a vowel or a consonant, singular or plural, or definite or an indefinite noun, etc.
In the given sentence, the word to be used is either one of the three articles. And in looking at the word "honest", the letter "h" which starts the word is a consonant. This, by rules of articles, will require the use of "a". But, as the "h" is silent in the sound of "honest", then the use of the "a" is invalid. Judging by the pronunciation, the first sound from the word "honest" is "o" where the word is pronounced as "onest".
Thus, the correct article to be used is "an".