Executive reports are summarized from ___________ reports.ManagementTacticalSupervisorStrategic

Answers

Answer 1

Executive reports are summarized from Management report.

Executive reports are brief summaries of large management reports. It saves the reader time by providing a quick overview of the main report. The other options are incorrect because they are typically short reports. Internal stakeholders are kept informed of company activities through management reports. They are among the internal reports used by managers and senior executives to manage the organisation, make business decisions, and track progress. Management reports assist leaders in keeping track of their departments.

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Related Questions

With the help of online research, write a short report on “glocalization.”

Answers

The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

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The texas constitution requires a balanced budget.
a. True
b. False

Answers

The statement "a balanced budget is required by Texas's constitution" is (A) TRUE.

What is Texas Constitution?

The upkeep of our free institutions and the longevity of the Union depend on the preservation of the right to local self-government, which is unaffected by any State boundaries.

Texas is a free and autonomous State that is only bound by the US Constitution.

According to the Texas Constitution, Texas must maintain a balanced budget.

During any fiscal biennium, the state is only permitted to spend up to the amount of money it anticipates receiving.

It is well known that Texas is a free and autonomous state.

They are claimed to solely be governed by the US Constitution here.

Therefore, the statement "a balanced budget is required by Texas's constitution" is (A) TRUE.

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in the long run, all inputs are variable; in the short run, some inputs are fixed. group of answer choices true false

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in the long run, all inputs are variable; in the short run, some inputs are fixed. The given statement is True

All inputs are changeable in the long term. Because fixed capital causes falling marginal production, there are no diminishing returns in the long term. Firms can select the best capital stock to achieve their target level of output.

The short run is a notion that asserts that at least one input is fixed while others are variable in the future.

However, in the long run, factory input is changeable, which implies that current businesses are not bound and can modify the size and number of factories they possess, whilst new firms can create or purchase factories to manufacture hockey sticks.

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how can we make sure animal shelters have food and space

Answers

Answer:We can donate money or raise a fundraiser to get all the dogs who are in the shelter into a forever home or we can adopt a pet so there will be more space for a new dog to come.

Explanation:

Part L: Are there problems with scenario analysis? Define simulation analysis, and discuss its principal advantages and disadvantages.

Answers

Yes, there are potential problems with scenario analysis. Simulation analysis, is a technique used in decision-making that involves creating a model to simulate different scenarios and their potential outcomes.

Scenario Analysis Problems:

Limited scope: Scenario analysis relies on a limited number of pre-defined scenarios, which may not capture the full range of possible outcomes or factors that can influence the decision-making process.

Subjectivity: The selection of scenarios and their associated probabilities is subjective, depending on the assumptions and judgment of decision-makers. This subjectivity can introduce bias and undermine the accuracy of the analysis.

Lack of interdependencies: Scenario analysis often treats scenarios as independent, failing to account for potential interdependencies or cascading effects between scenarios. This can lead to an incomplete understanding of the system being analyzed.

Simulation Analysis Definition:

Simulation analysis involves creating a model or computer program that mimics the behavior of a real-world system. It allows decision-makers to simulate different scenarios by inputting various parameters and observing the outcomes. Simulation analysis aims to provide insights into complex systems, predict outcomes, and evaluate the impact of different factors or decisions.

Advantages of Simulation Analysis:

Comprehensive understanding: Simulation analysis can capture the complexity and interactions within a system, allowing decision-makers to gain a more comprehensive understanding of the underlying dynamics.

Risk assessment: Simulations can help assess risks by modeling uncertain variables and providing probabilistic outcomes. This enables decision-makers to evaluate the likelihood of different scenarios and make informed decisions.

Experimentation: Simulation analysis provides a platform for experimenting with different scenarios and decision options without real-world consequences. It allows decision-makers to test different strategies, policies, or interventions to identify the most effective approach.

Disadvantages of Simulation Analysis:

Resource-intensive: Developing and running simulations can be time-consuming and require significant computational resources. Complex simulations may require specialized software, skilled analysts, and substantial data inputs.

Assumptions and limitations: Simulation models rely on assumptions and simplifications of the real-world system being analyzed. The accuracy and reliability of simulation results depend on the quality of these assumptions and the model's ability to represent the underlying dynamics accurately.

Complexity and interpretation: Simulation results can be complex and require expertise to interpret. Decision-makers may need to invest time and effort in understanding the model, its limitations, and the implications of the results.

While scenario analysis can have limitations such as limited scope and subjectivity, simulation analysis offers advantages such as a comprehensive understanding of complex systems and the ability to assess risks and experiment with different scenarios. However, simulation analysis is resource-intensive and relies on assumptions, requiring careful interpretation of results. Overall, both techniques have their strengths and weaknesses, and the choice between them depends on the specific decision-making context and the available resources.

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what is the advantages of this app​

Answers

it can help you study

Answer:

Well personally ,

It helps with your homework

with those last minute questions

Even if some answers are a little off topic it will help you get  a small outlook on what you actually need  ,but I'm not saying It's completely  perfect and has some pain in the A** users  BUT It's still a good website and is a

really helpful app

Explanation:

The financial markets are a relatively new technological development created in the last 50 years.

Answers

Answer:

False

Explanation:

Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.

Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.

What's wrong with this slide?
A.The font size is too small
B.Black text on a white background is difficult to read.
C.Tables should not be used in presentations,
There’s too much information

What's wrong with this slide?A.The font size is too smallB.Black text on a white background is difficult

Answers

the font size is to small (a) and there’s to much info (d) i think

2 Consider Figure 2.11. Undertake a similar exercise for different markets (e.g. Germany, United
States, China) and reflect on the implications of the brand positioning in terms of facilities and
services on board.

Answers

Brand positioning gives customers the reasons to buy one product over another.

How is branding important?

It should be noted that brand positioning can be affected by aspects such ad style and, brand personality, customer types, and company reputation

A brand positioning statement is the description of your target market that includes a holistic picture of how you will like your brand to be perceived by customers.

You can use brand positioning to influence what a consumer thinks of your product or brand. Then the resulting consumer mental image has an impact on purchasing decisions.

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Why is it so necessary to have a freely elected government for democratic capitalism to create a prosperous and fair economy

Answers

Explanation:

Free elections are a mechanism for limiting corruption. A government sets rules that govern the marketplace. To ensure that these rules don't create unfair advantages or limit the abilities of producers and consumers, democratic societies elect the people who will represent them. When representatives are not elected, there is less accountability to the people and therefore a greater risk that representatives won't set rules in the interests of the people, including rules around commerce.

What can a boosted post help an advertiser achieve?

Answers

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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What is the purpose of developmental feedback?to plan for the employee's future opportunities inside the organizationto motivate employees to perform at a higher levelto compare individuals' performance with once another

Answers

The primary purpose of developmental feedback is to provide employees with guidance and support to help them develop their skills, abilities, and knowledge. The answer is A) To plan for the employee's future opportunities inside the organization.

This type of feedback is typically focused on helping employees to improve their performance and reach their full potential within the organization.

Developmental feedback may involve providing specific suggestions for improvement, setting goals and objectives for the employee to work towards, or offering training or development opportunities to help the employee acquire new skills. By providing this type of feedback, managers can help employees to grow and develop within the organization, which can ultimately benefit both the employee and the organization as a whole.

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Complete Question

What is the primary purpose of developmental feedback in performance management?

A) To plan for the employee's future opportunities inside the organization

B) To motivate employees to perform at a higher level

C) To compare individuals' performance with one another

D) To provide guidance and support for the employee's professional development

FIRST SCENARIO: The economy has taken a turn for the worse. The president believes the government should get the economy moving again. According to the president, the problem is that markets are flawed and they do not protect consumers. Therefore, the government should study the problem, decide what must be produced, and pass laws that require individuals and businesses to follow the government’s informed advice.

Opponents of the president see a different world. They say central planners do not have enough information to organize an economic system. Markets may seem chaotic, but prices act as signals and respond quickly to fragmented information in a dynamic economy. These price signals provide consumers, businesses, and resource owners with the information they need to coordinate action. In addition, incentives matter. Government programs often create incentives that have unintended consequences. The economy will grow if we stay the course.

What would Adam Smith say? Why?

SECOND SCENARIO: The Save Our Jobs Coalition is working to pass a law that would penalize businesses that move jobs overseas. In addition, the law would require tariffs to be imposed on imported goods that are cheaper than similar goods made in the United States. Many corporations and small businesses are in favor of raising tariffs.

Opponents of the proposed law believe freer trade promotes economic progress because it makes more sense to buy goods from a country that makes them less expensively and use the country‟s resources to make other products. A tariff may save jobs in a particular industry, but other jobs will not be created. Furthermore, prohibiting American companies from having operations overseas means the companies will be reluctant to hire people domestically and will lay off highly paid workers in their quest to cut costs.

What would Adam Smith say? Why?

THIRD SCENARIO: Business lobbyists believe the current government is anti-business. They also think competition is making it difficult to make a profit. They believe it’s time for the government to help businesses through subsidies and incentives for consumers to buy their products. They also want the government to suspend antitrust laws and make new rules and regulations that would make it more difficult for small businesses to compete unfairly with large, well-established corporations. According to the lobbyists, helping business will improve everyone’s lives.

What would Adam Smith say? Why?

FOURTH SCENARIO: “Stop Government Now” is a group that believes there is no legitimate role for government except providing for police and fire protection. Members believe almost all governmental functions should be privatized. Markets should not be regulated. Members say markets may be greedy, but free markets make us all more moral.

What would Adam Smith say? Why?

MUST WRITE A PARAGRAPH FOR EACH SCENARIO

Answers

The proposed response of Adam Smith based on each scenario is given below:

Scenario 1

He would say that the pricing system should remain the main determinant of the market and the interference of the government was uncalled for.

Scenario 2

He would side with the free market system and be an opponent of the law that frowns on importation.

Scenario 3

He would support the suspension of the antitrust laws.

Scenario 4

He would believe that markets should not be regulated and the free market system should continue.

Who is Adam Smith?

He is the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product

Hence, we can see that the proposed response of Adam Smith based on each scenario is given above.

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On late-night TV, you see an infomercial claiming that the price of the product has been slashed for a special offer and now includes a bonus sample size of something that is in adjunct to the product. This illustrates the _____ compliance technique.

Answers

The answer is that’s-not-all

why might it be bad for hotels to not charge higher prices when rooms are in higher demand? arbitrageurs might establish a black market by reserving rooms and then selling the reservations to customers. rooms may be rationed. without the profit from these high demand times, hotels would have less of an incentive to build or expand, making the long-run scarcity problem even worse. all of the above.

Answers

It is bad for hotels to not charge higher prices when rooms are in higher demand because it can lead to the establishment of a black market, room rationing, and a lack of incentive for hotel expansion.

Hotels charging higher prices when rooms are in higher demand can be beneficial for several reasons. Firstly, if hotels do not increase prices during peak periods, arbitrageurs may take advantage of this and establish a black market by reserving rooms and then selling the reservations to customers at inflated prices. This can lead to unfair practices and create a negative reputation for the hotel.

Secondly, if hotels do not charge higher prices during periods of high demand, there is a possibility that rooms may need to be rationed. This means that customers may not be able to secure a room during peak times, resulting in dissatisfaction and potentially lost business for the hotel.

Lastly, by not capitalizing on the profit from high demand periods, hotels may have less incentive to invest in building or expanding their operations. This can lead to a long-run scarcity problem, where the supply of hotel rooms does not meet the growing demand, making it even more difficult for customers to find accommodations in the future.

In conclusion, it is bad for hotels to not charge higher prices when rooms are in higher demand because it can lead to the establishment of a black market, room rationing, and a lack of incentive for hotel expansion.

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In your own words, explain why we pay taxes.

Answers

Answer: To help support public schools and the economy.

Explanation:

when selecting a business level strategy, the firm must determine all of the following except: group of answer choices how will the customer's needs be satisfied? who is the customer? what are the customers' needs? why should these customers' needs be satisfied?

Answers

The answer is "d. why should these customers' needs be satisfied?" as it is not a factor that needs to be considered when selecting a business-level strategy.

While the other options - A, B and C - are all important considerations.

When selecting a business-level strategy, firms need to identify their target customers, understand their needs, and determine how to satisfy those needs. However, the "why" behind satisfying these customer needs is not a relevant factor to consider as the ultimate goal of any business-level strategy is to increase profits and gain a competitive advantage.

Therefore, the firm's focus should be on how to satisfy customer needs effectively and efficiently, rather than the reasons behind it.

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andy hastings borrowed 500 shares of stock from a broker. this stock is currently selling for $25 a share ($12500). the commission was $125 . three weeks later the price of the stock was $22.50 a share so he bought the 500 shares. the commission was $115. he returned a stock certificate for 500 shares to the broker. what is the rate of return?

Answers

The  the rate of return is 8.9%.

Rate of return on the shares = total cost of borrowing - total cost of buying) / total cost of buying

Total cost of borrowing = cost of shares - commission

$12500 - $125 = $12,375

Total cost of buying = total cost of shares - commission

total cost of shares = $115 x 500 = $11,250

$11,250 +  $115 = $11,365

Rate of return = ($12,375 - $11,365) / $11,365 = 0.089 = 8.9%

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The following are the trial balance ind the other information related to Perez Consulting Engineers. Perez Consulting Engineers Trial Balance December 31, 2020 Debit Credit Cash $29,500 Accounts Receivable 49,600 Allowance for Doubtful Accounts $750 Supplies 1,960 Prepaid Insurance 1,100 Equipment 25,000 Accumulated Depreciation-Equipment 6,250 Notes Payable 7,200 Common Stock 10,000 Retained Earnings 25,010 Service Revenue Rent Expense 9,750 Salaries and Wages Expense 30,500 Utilities Expenses 1,080 Office Expense 720 $149,210 $149. 210 1. Fees received in advance from clients $6,000, which were recorded as revenue. 2. Services performed for clients that were not recorded by December 31, $4,900. 3. Bad debt expense for the year is $1,430. 4. Insurance expired during the year $480. 5. Equipment is being depreciated at 10% per year. 6. Perez gave the bank a 90-day, 10% note for $7,200 on December 1, 2020. 7. Rent of the building is $750 per month. The rent for 2020 has been paid, as has that for January 2021, and recorded as Rent Expense. 8. Office salaries and wages earned but unpaid December 31, 2020, $2,510. Instructions:A. From the trial balance and other information given, prepare annual adjusting entries as of December 31, 2020. (Omit explanations). B. Prepare an income statement for 2020, a retained earnings statement, and a classified balance sheet. Perez paid a $17,000 cash dividend during the year (recorded in Retained Earnings)

Answers

The adjusting entries for Perez Consulting Engineers as of December 31, 2020, are as follows: Total Liabilities and Equity $102,880

1. To recognize unearned revenue:

  Debit: Unearned Revenue $6,000

  Credit: Service Revenue $6,000

2. To recognize services performed but not recorded:

  Debit: Accounts Receivable $4,900

  Credit: Service Revenue $4,900

3. To record bad debt expense:

  Debit: Bad Debt Expense $1,430

  Credit: Allowance for Doubtful Accounts $1,430

4. To recognize expired insurance:

  Debit: Insurance Expense $480

  Credit: Prepaid Insurance $480

5. To record depreciation expense:

  Debit: Depreciation Expense - Equipment $2,500

  Credit: Accumulated Depreciation - Equipment $2,500

  (Calculation: $25,000 * 10% = $2,500)

6. To record the note payable:

  Debit: Notes Payable $7,200

  Credit: Cash $7,200

7. To recognize accrued rent expense:

  Debit: Rent Expense $750

  Credit: Accrued Rent Payable $750

8. To recognize accrued salaries and wages:

  Debit: Salaries and Wages Expense $2,510

  Credit: Salaries and Wages Payable $2,510

B. Financial Statements:

Income Statement for 2020:

Revenue:

Service Revenue $10,900 ([$6,000 + $4,900] - $1,430)

Expenses:

Rent Expense $9,750

Salaries and Wages Expense $30,500

Utilities Expenses $1,080

Office Expense $720

Depreciation Expense - Equipment $2,500

Insurance Expense $480

Bad Debt Expense $1,430

Total Expenses $46,460

Net Income $10,900 - $46,460 = (-$35,560) (Loss)

Retained Earnings Statement:

Retained Earnings, January 1, 2020 $25,010

Net Loss ($35,560)

Dividends ($17,000)

Retained Earnings, December 31, 2020 ($27,550)

Classified Balance Sheet (December 31, 2020):

Assets:

Cash $29,500

Accounts Receivable $54,500 ($49,600 + $4,900)

Less: Allowance for Doubtful Accounts ($750)

Supplies $1,960

Prepaid Insurance $620 ($1,100 - $480)

Equipment $25,000

Less: Accumulated Depreciation - Equipment ($8,750 [$6,250 + $2,500])

Total Assets $102,880

Liabilities:

Notes Payable $7,200

Accrued Rent Payable $750

Salaries and Wages Payable $2,510

Total Liabilities $10,460

Equity:

Common Stock $10,000

Retained Earnings ($27,550)

Total Equity ($17,550)

Total Liabilities and Equity $102,880

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a vendor-managed supply system relates to what customer service factor of a supply chain? multiple choice question. dependability communication time convenience

Answers

The customer service component of a supply chain is related to the time convenience of a vendor-managed supply system.

How does logistics management relate to customer service?

Customer service is the result of all logistics procedures or supply chain operations, from the perspective of logistics. The earnings for the business are determined by the corresponding costs for the logistics system and the income generated by logistics services.

Customer, supply chain, and corporate data are sources for business software (CRM, SCM, and ERP).

What marketing channel enables customers to purchase things through multiple interactions?

The consumer can purchase and receive products directly from the manufacturer through a direct distribution channel. A number of middlemen are used in an indirect route to deliver items from the manufacturer to the customer.

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22. in 2017, fbla is celebrating how many years of excellence?

Answers

In 2017, FBLA, which stands for Future Business Leaders of America, was celebrating its 75th year of excellence. FBLA is the largest student-run organization in the United States, with over 250,000 members across the country.

The organization provides students with opportunities to develop leadership skills, explore career paths in business and finance, and compete in various events and competitions.

FBLA was founded in 1942 as the Future Business Leaders of America Club by a group of business teachers in Johnson City, Tennessee. Over the years, the organization has grown significantly, expanding its reach to include students in middle schools, high schools, and colleges across the country.

To commemorate the 75th anniversary, FBLA launched a campaign called "Celebrate 75" to honor the organization's rich history and its impact on the lives of millions of students. The campaign included events, contests, and other initiatives that brought together FBLA members, alumni, and supporters from across the country to celebrate this milestone achievement.

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FAOSTAT, the Food and Agriculture Organization of the United Nations, collects information on the production and consumption of more than 200 food and agricultural products for many countries around the world. This Excel file shows the meat consumption (per capita in kilograms per year) and alcohol consumption (per capita in ger seal countries. The United States leads in meat consumption with 123 kilograms while Ireland consumes the most alcohol with 70.69 gallons. IMPORTANT NOTE: To answer the questions below round off means and standard deviations to 2 decimal places. Question 1a. Find the z-score for United States meat consumption.(Use 2 decimal places in your answer). Question 1b. Find the z-score for Ireland's alcohol consumption.(Use 2 decimal places in your answer). Ireland United States Question 3. If meat consumption is expressed in pounds instead of kilograms, what is the z-score for United States meat consumption? (1 kilogram = 2.2 pounds)

Answers

The z-score for United States meat consumption expressed in pounds is 9.32.

1a. Find the z-score for United States meat consumption.

To find the z-score, we use the formula;

z=(x−μ)/σz = (x - μ) / σ,

where x is the given value, μ is the mean, and σ is the standard deviation.

For the United States, the mean meat consumption is 123 kilograms per year. Given a standard deviation of 15.94, the z-score for the United States meat consumption is;z=(x−μ)/σ= (123 - 123) / 15.94= 0

1b. Find the z-score for Ireland's alcohol consumption.

To find the z-score, we use the formula;

z=(x−μ)/σz = (x - μ) / σ,

where x is the given value, μ is the mean, and σ is the standard deviation.

For Ireland, the mean alcohol consumption is 70.69 gallons per year. Given a standard deviation of 7.15, the z-score for Ireland's alcohol consumption is;

z=(x−μ)/σ= (70.69 - 70.69) / 7.15

= 0Ireland = 0US = 0

The z-score is zero because the value is equal to the mean value.

The mean meat consumption for the United States is 123 kg per year. To convert this to pounds, we multiply by 2.2;123 × 2.2 = 270.6

So, the United States meat consumption in pounds is 270.6 per year.

Now we can calculate the z-score using the formula;

z=(x−μ)/σz = (x - μ) / σ,

where x is the given value, μ is the mean, and σ is the standard deviation.

Using the same standard deviation of 15.94, the z-score for the United States meat consumption in pounds is;

z=(x−μ)/σ= (270.6 - 123) / 15.94= 9.32 (rounded to 2 decimal places)

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Customer relationship management is used for all of the following EXECPT
Can anyone help me with this question? Please and thank you.

A. to target highly valued customers.

B. to identify all customers who shop with the company.

C. to develop strong customer relationships.

D. to create offers tailored to specific customers.

Answers

Answer:

The correct answer is B.

Explanation:

hope it help

Outline TWO benefits of using the FIFO system for Mcdonald’s

Answers

There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;

What is FIFO?

FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.

Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.

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How does an improvement in productivity affect a business's profit margin?
A. It increases the profit margin by lowering costs.
B. It decreases the profit margin by lowering costs.
C. It decreases the profit margin by raising costs.
D. It increases the profit margin by raising costs.

Answers

Answer:

it increases the profit margin by lowering costs

Explanation:

An improvement in productivity affects a business's profit margin as it increases the profit margin by lowering costs. Thus, option A is correct.

What is the profit margin?

Profitability is gauged by profit margin. Estimating the profit as a proportion of revenue is used to calculate it. Gross profit margin, operating profit margin, and net profit margin are the three different forms of profit margins. Gross profit is multiplied by net sales to determine the gross profit margin.

A company may produce more goods without increasing expenses by boosting productivity. Producing more opens up the possibility of increasing sales, which in turn might boost earnings. In addition to improving overall earnings, higher productivity can raise a company's profit margin.

The profit margin of a company is impacted by an increase in productivity since it lowers expenses and raises the profit margin. Therefore, choice A is correct.

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various depreciation schedules have been computed for an asset having a salvage value of $90 at the end of its recovery period. identify the type of depreciation used in each case.

Answers

The most appropriate answers is Method A for the given question.

What is depreciation?

A tangible item's cost can be spread out over the period of its life span using the accounting approach of depreciation. Depreciation indicates how much of an asset's worth has been expended. It makes it possible for companies to buy assets more than a predetermined period of time and profit from those assets.

For SYOD,

Depreciation in year 1 = 970*5/(5+4+3+2+1) = 323

Depreciation in year 2 = 970*4/(5+4+3+2+1) = 259

Depreciation in year 3 = 970*3/(5+4+3+2+1) = 194

Depreciation in year 4 = 970*2/(5+4+3+2+1) = 129

Depreciation in year 5 = 970*1/(5+4+3+2+1) = 65

Hence Method A is SOYD

The methods listed in the table above include:

Method A: SOYD;

Method B: SL;

Method C: DDB-SL;

Method D: MACRS;

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Entries for Materials Cost Flows in a Process Cost System
The Hershey Company (HSY) manufactures chocolate confectionery products. The three largest raw materials are cocoa, sugar, and dehydrated milk. These raw materials first go into the Blending Department. The blended product is then sent to the Molding Department, where the bars of candy are formed. The candy is then sent to the Packing Department, where the bars are wrapped and boxed. The boxed candy is then sent to the distribution center, where it is eventually sold to food brokers and retailers.
Show the accounts debited and credited for each of the following business events:
a. Materials used by the Blending Department.
b. Transfer of blended product to the Molding Department.
c. Transfer of chocolate to the Packing Department.
d. Transfer of boxed chocolate to the distribution center.
e. Sale of boxed chocolate.

Answers

a. Materials used by the Blending Department:

Debited:

Blending Department's Materials Inventory: The cost of the cocoa, sugar, and dehydrated milk used in the blending process is debited to the Blending Department's Materials Inventory account.

Credited:

Raw Materials Inventory: The Raw Materials Inventory account is credited to reduce the quantity and value of cocoa, sugar, and dehydrated milk in stock.

b. Transfer of blended product to the Molding Department:

Debited:

Molding Department's Work in Process Inventory: The cost of the blended product transferred from the Blending Department is debited to the Molding Department's Work in Process Inventory account.

Credited:

Blending Department's Work in Process Inventory: The Blending Department's Work in Process Inventory account is credited to reduce the quantity and value of the blended product in process.

c. Transfer of chocolate to the Packing Department:

Debited:

Packing Department's Work in Process Inventory: The cost of the chocolate transferred from the Molding Department is debited to the Packing Department's Work in Process Inventory account.

Credited:

Molding Department's Work in Process Inventory: The Molding Department's Work in Process Inventory account is credited to reduce the quantity and value of the chocolate in process.

d. Transfer of boxed chocolate to the distribution center:

Debited:

Distribution Cost or Finished Goods Inventory: The cost of the boxed chocolate transferred from the Packing Department is debited to the Distribution Cost or Finished Goods Inventory account, depending on the company's accounting system.

Credited:

Packing Department's Work in Process Inventory: The Packing Department's Work in Process Inventory account is credited to reduce the quantity and value of the boxed chocolate in process.

e. Sale of boxed chocolate:

Debited:

Cost of Goods Sold: The cost of the boxed chocolate sold is debited to the Cost of Goods Sold account, which represents the expense associated with producing the goods.

Credited:

Distribution Cost or Finished Goods Inventory: The Distribution Cost or Finished Goods Inventory account is credited to reduce the quantity and value of the boxed chocolate available for sale.

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Match the description with the key term it represents.
A combination of class work, study, practical
experience and testing
Evidence of one's claim to authority
Collection of everything that showcases your
abilities
portfolio
certification
credential

Answers

The descriptions have been matched with the key term they represents as follows:

Portfolio - Collection of everything that showcases your abilitiesCertification - A combination of class work, study, practical experience and testingCredential - Evidence of one's claim to authority

What is a portfolio?

A portfolio refers to the collection of the working experience of an individual. The portfolio of a person shows cases their abilities and convices potential buyers of the qualified state of the person. It builds trust and helps people to easily purchase things from the individual.

A credential is an evidence of one's claim of expertise in the field. An individual with goood credentials will find it easier to get jobs. Then, certification is awarded to people who have completed a record of educational courses and is proven to now have the requisiste knowledge to excel in an area.

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_____ include tools and equipment used to produce goods and services.
a. Capital resources
b. Consumer resources
c. Human resources
d. Natural resources

Answers

Answer:

The correct answer is B!

Explanation:

Consumer resources, include tools and equipment used to produce goods and services. Thus, option (b) is correct.

What is goods?

The term goods as the another name was the commodities. The goods are the sold to the exchange of the money. The goods are the produced with the help of raw material. The goods are the based on the two prices, such as the manufacturing prices and retail prices. The goods are the two types are the raw goods and the finished goods.

According to the manufactured goods and services as the companies are the manufacturing to the based on the consumer resources. The foundation is built on economic development. Factors of production are the resources used to create all commodities and services.

As a result, the consumer resources, include tools and equipment used to produce goods and services.

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One step in forming a___
is to issue stock to shareholders.
A. limited liability company
B. sole proprietorship
C. partnership
D. corporation

Answers

One of the steps involved in the formation of a corporation is the issue of shares to the stockholders.

What is a corporation?

A corporation is a business organization, which is registered and recognized as per the Company Laws of the regions that such corporations operate in.

The capital of a corporation is divided into small units, also known as common stock. The subscribers or the bearers of such stock are regarded as stockholders.

Hence, option D; Corporation is formed with an intention of distribution of stock to the stockholders.

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