By taking a multifaceted approach to value creation, Raoul can achieve his goal of creating a game-changing lipstick that is accessible to everyone.
Raoul is starting a new cosmetics company with a focus on what he believes is a game-changing lipstick. He wants the lipstick to be accessible to everyone, but the manufacturing costs are higher than he had anticipated.
In order to achieve his desired strategic position of value creation at an affordable cost, he will need to take several steps.
First, Raoul will need to analyze his costs to see where he can cut expenses. This might involve looking for cheaper suppliers, rethinking the manufacturing process, or finding ways to reduce waste. He should also look at ways to optimize production efficiency, such as by using automation or outsourcing.Second, Raoul can consider offering a lower-priced, lower-quality product to attract a wider audience. For example, he could create a less-expensive lipstick that is made with cheaper materials or that has a shorter lifespan.Third, Raoul can seek outside funding to help cover the costs of manufacturing his lipstick. This could come in the form of loans, grants, or investment capital. By securing funding, he can reduce his own financial risk while still being able to create a high-quality product.Finally, Raoul can take advantage of marketing and distribution opportunities to help his product reach a wider audience.Know more about the multifaceted approach
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Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks. How does this compare with the range of potential annual returns if you invested 10% in stocks and 90% bonds?
Answer:
From the graph, if you invest 10% in bonds and 90% in stocks, the range of potential return is given as +49.8% to -39.0% with a average of 9.9% whereas if investment is made by 10% in stocks and 90% in bonds, then the range of annual returns would become +31.2% to -8.2% with a average of 6%. Therefore, as the investment in stocks increases the average annual returns also increase.
Explanation:
Hope this helps!
Define Red Gross Society.
Answer: The Indian Red Cross Society is a voluntary humanitarian organization to protect human life and health based in India.
Explanation: It is part of the International Red Cross and Red Crescent Movement, and so shares the Fundamental Principles of the International Red Cross and Red Crescent Movement.
Help Immediately!!!!!!
someone figure out this question pls
Answer:
it seems like a decrease im not fully sure tho
Explanation:
If a person wants to work from home in the Business, Management and Administrative careers, what is required?
a cubicle to keep the person on task
a private office to protect confidential information
proper technology to keep the person connected
proper travel arrangements to meet with customers
Answer:
proper technology to keep the person connected
Answer:
proper technology to keep the person connected
Explanation:
A person in the Business, Management, and Administrative career have a desk and computer in the office. For them to work efficiently, they will need to have a similar setting at home. In the office, they are most likely connected to the company's private network via the intranet.
To work from home efficiently, the person will need a strong and reliable technology to stay in touch with the official business. He or she will require access to the office files and programs while at home. Technology will be required to facilitate the seamless flow of information between him, his colleagues, and supervisors.
You are comparing two annuities that offer regular payments of $2,500 for five years and pay. 75 percent interest per month. You will purchase one of these today with a single lump sum payment. Annuity a will pay you monthly, starting today, while annuity b will pay monthly, starting one month from today. Which one of the following statements is correct concerning these two annuities?.
Which of the following statements is true about these two annuities: Annuity B has a smaller present value than annuity A.
Annuities are payments or receipts that are made periodically within a certain time, so that they are similar to installments, savings, or contributions. Usually, these periodic payments or receipts are made every month within a certain period of time.
Annuities are closely related to financial institution products that have interest. For example, bank credit or savings in banks. Annuities are intended to make it easier for customers to pay installments because the amount is fixed.
Annuities are also closely related to insurance products. The policy holder or the insured must make periodic payments to achieve their goals, such as old age funds. The policyholder can choose when to start disbursing his annuity after he retires.
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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
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
If an entrepreneur can establish a strong and trustworthy management team, then the
risk might be avoided.
O compliance
O financial
strategic
operational
Mark this and return
Ne
Answer:
operational
Explanation:
bc it is
If an entrepreneur can establish a strong and trustworthy management team, then the operational risk might be avoided. Thus option D is correct.
What is Team?When a group of people come together in an official setting and in a disciplined manner to achieve the common objective of business with individual roles and shared responsibilities representing teams.
A strong and trustworthy management team helps in better controlling and coordinating events which help to avoid operational risk and helps in producing efficient results with productivity.
The enforcement of laws safeguarding the environment and employees helps to reduce compliance risk, and building a stable number of clients helps in reducing financial risk.
Therefore, option D operational is appropriate.
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assume that sales revenue are $450,000, sales discounts are $10,000, net income is $35,000, and cost of goods sold is $320,000. how much are gross profit and operating expenses, respectively?
the gross profit is $130,000, and the operating expenses are $95,000 based on the given figures.
To calculate the gross profit and operating expenses, we can use the formula:
Gross Profit = Sales Revenue - Cost of Goods Sold
Operating Expenses = Gross Profit - Net Income
Given the following figures:
Sales Revenue = $450,000
Sales Discounts = $10,000
Net Income = $35,000
Cost of Goods Sold = $320,000
First, we calculate the gross profit:
Gross Profit = $450,000 - $320,000
Gross Profit = $130,000
Next, we calculate the operating expenses:
Operating Expenses = $130,000 - $35,000
Operating Expenses = $95,000
Therefore, the gross profit is $130,000, and the operating expenses are $95,000 based on the given figures.
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Determine whether you have enough monies to live comfortably each year for 20 years in your dream state of Oregon.
Assume you are at age 65 and have the following assets:
Pension Plan worth $375,000. You plan to take an ordinary annuity on your pension to withdraw all assets in 20 years. Assume 4. 5% interest per year. You will get monthly payments for 20 years.
Social Security - $27,600 per year for 20 years. Assume that this is the amount you will receive each year.
Savings worth $140,000. You plan to take an ordinary annuity to withdraw all assets in 20 years. Assume 4. 25% interest per year. You will get monthly payments for 20 years.
Answer the following questions:
What will be the monthly amount received individually from the pension plan, social security, and savings? What will be the monthly total? Round all 4 answers to the nearest penny.
What will be the yearly amount received individually from the pension plan, social security, and savings? What will be the yearly total? Round all 4 answers to the nearest dollar.
What will be the 20-year amounts received individually from the pension plan, social security, and savings? What will be the 20-year total amount? Round all 4 answers to the nearest dollar.
Is the total amount enough to retire comfortably in your dream state of Oregon? What are your plans to make the required savings now and/or in the future to live comfortably in your dream state? Explain
The given information is insufficient to provide specific calculations for the monthly, yearly, and 20-year amounts received individually from the pension plan, social security, and savings. However, with the provided information about the assets and their respective interest rates, it is possible to make some general observations. To determine the exact amounts, the formulas for calculating annuity payments would need to be applied.
In terms of retirement planning, it is important to consider various factors to assess whether the total amount received is enough to live comfortably in Oregon for 20 years. Factors such as living expenses, inflation, healthcare costs, and personal preferences need to be taken into account. It is recommended to create a detailed retirement budget that includes all expected expenses and compare it to the projected income from the pension plan, social security, and savings. This will help determine if the income is sufficient to cover living expenses and maintain a comfortable lifestyle.
If the total amount falls short of the desired retirement income, additional savings and investments may be necessary. Individuals can consider options such as contributing to retirement accounts (e.g., 401(k), IRA), investing in stocks or bonds, or exploring other income-generating opportunities. Working with a financial advisor can provide valuable guidance in developing a comprehensive retirement plan and making the necessary savings and investment decisions.
Ultimately, the ability to retire comfortably in Oregon depends on personal financial goals, lifestyle choices, and the level of financial security one desires. It is crucial to regularly review and adjust the retirement plan as circumstances change to ensure a comfortable and secure retirement.
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Explain how a firm in the short run will respond to the
following change: An increase in the marginal cost of the variable
input.
A firm operating in the short run will respond to an increase in the marginal cost of the variable input by reducing its output. In the short run, a firm may not be able to adjust all of its inputs in response to a change in the price of a single input. As a result,
it must make production decisions based on its existing inputs.The marginal cost of production rises as the price of the variable input increases. As a result, in the short run, the optimal production level will be lower than it was before the price increase.
As a result, the firm may decrease production to reduce its costs, which may lead to a decrease in revenue.A decrease in production is preferable to producing at a loss in the short run. In the long run, the firm may adjust its inputs to maintain or increase its production. However, in the short run, the firm may have to tolerate a decrease in production or even shut down if the input price is too high and it cannot produce at a profit.The short-run response to an increase in the marginal cost of the variable input will be to decrease output.
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What type of business sells to the end consumer
Answer:
business-to- consumer (B2C)
Explanation:
Commerce is a business model which typically involves the buying and selling of goods or products at a given price.
Generally, commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Consumer to Consumer (C2C).
3. Business to Government (B2G).
4. Business to Consumer (B2C).
A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.
Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).
Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.
Suppose that a recent national survey of a random sample of 1,381 employed adults found that the mean number of hours worked in the last week was 41.28 with a standard error of 0.390. a. (3 points) Calculate and interpret a 95% confidence interval for the mean hours worked last week among employed U.S. adults b. (2 points) Calculate the standard deviation of hours worked last week.
The mean of our estimate plus and minus the range of that estimate constitutes a confidence interval. The 95% confidence interval for the mean hours worked last week among employed U.S. adults is (40.52,42.04) and the standard deviation of hours worked last week is 14.49.
A confidence interval (CI) is a range of estimates for an unknown parameter in statistics. The 95% confidence level is the most popular, however other levels, such as 90% or 99%, are occasionally used when computing confidence intervals.
The confidence interval (C. I) is calculated as follows:
Given data,
n = 1381
Mean = 41.28
Standard error= 0.390
T-statistic- 1.96
C. I = Mean ± T-statistic× Standard error
= 41.28 ± 1.96×0.390
= (40.52,42.04)
Calculation for the standard deviation (S.D):
S.D = Standard Error×√Mean
= 0.390×√1381
= 14.49
Therefore, the confidence interval and standard deviation are (40.52,42.04) and 14.49 respectively.
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steve jobs' product matrix for apple's computer products provided a segmentation strategy based on which two elements?
Steve Jobs' product matrix for Apple's computer products was based on two elements: (1) consumer versus professional and (2) desktop versus portable.
This segmentation strategy allowed Apple to differentiate its computer products based on their intended target market and form factor. On one axis, the company would offer consumer-oriented products, such as the iMac, designed for everyday home use, and professional-level products, like the Mac Pro, aimed at creative professionals and businesses.
On the other axis, Apple would offer desktop computers, like the iMac and Mac Pro, as well as portable laptops, such as the MacBook Air and MacBook Pro.
This product matrix helped Apple to cater to different needs and preferences of its customers, allowing it to provide a wide range of high-quality computing products that would appeal to different segments of the market.
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Who are frequently criticized for not representing the best interests of a manufacturer?
A. trading companies
B. global wholesalers
C. merchant middlemen
D. brokers
E. consumers
Merchant middlemen are the ones who are frequently criticized for not representing the best interests of a manufacturer.
The middlemen are frequently criticized for not representing the best interests of a manufacturer. They can also be costly, and they may refuse to purchase merchandise that they believe will not sell, causing the manufacturer to lose money. Consumers are not criticized for not representing the best interests of a manufacturer. Consumers are, in reality, the most critical individuals to whom manufacturers must appeal. Without customers, a company would cease to exist. The consumer is the final decision-maker who determines the success or failure of a company.
Therefore, the statement E is incorrect, while C is the correct answer. Merchant middlemen may not represent the best interests of a manufacturer in some cases. The main goal of middlemen is to buy goods from the manufacturer and sell them to retailers or customers at a profit. They play a significant role in the supply chain, but there are some challenges that manufacturers must overcome.
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a simulation clock keeps track of how long the simulation has run in real time, True or False
The given statement is "a simulation clock keeps track of how long the simulation has run in real time"is True because A simulation clock primary function is to keep track of how long the simulation has run in real time.
This clock is used to synchronize the activities of the simulation with the actual passage of time, and it is typically implemented as a counter that increments with each passing second.
Simulation clocks are used in a variety of different settings, including engineering, finance, and scientific research. They are particularly useful for simulating complex systems that are difficult to study directly, such as weather patterns, financial markets, and biological ecosystems.
One of the key benefits of using a simulation clock is that it allows researchers to study the behavior of a system over time without having to wait for real-world events to occur.
This can be particularly useful for testing different scenarios and strategies, as it allows researchers to quickly iterate through different simulations and observe how the system responds to different inputs.
In conclusion, a simulation clock is an essential component of any simulation system, and its primary function is to keep track of how long the simulation has run in real time. This enables researchers to study complex systems over time and test different scenarios and strategies.
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True. A simulation clock is used to keep track of the passage of time in a simulation.
It is a mechanism that allows the simulation to keep track of how long the simulation has been running in real time. It is important for the clock to accurately reflect real time, as the events in a simulation often depend on the amount of time that has elapsed. For example, in a manufacturing simulation, the simulation clock would keep track of how long it takes for a product to be manufactured, from start to finish. In this way, the simulation can accurately model real-world processes, and can help managers make decisions based on the simulated results.
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consumer sentiment is strong, as are auto and retail sales. labor productivity is declining. what stage of the business cycle is the economy likely experiencing?
The natural rise and fall in economic growth that takes place throughout time is known as the business cycle. An effective tool for studying the economy is the cycle.
Which stage of the business cycle is most closely related to a contraction in the economy?The business cycle often experiences a contraction after its peaks but before it enters a trough. Most economists agree that a recession has occurred when a nation's real gross domestic product (GDP), the most closely watched gauge of economic activity, has decreased for two or more consecutive quarters.
Which stage of the business cycle will see increased real output most likely for the economy?Expansion is the first phase of the business cycle. Positive economic indicators like employment, income, output, wages, profits, demand, and supply of products and services are on the rise during this stage.
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Which type of ebusiness marketing technique induces websites or users to pass on a marketing message to other websites or users, creating exponential growth in the message's visibility and effect
Scott and Mary have accepted a three-year international relocation for work. Both are still paid in U.S. dollars, and their paychecks are automatically deposited to a U.S. Bank. When they need cash, they use local ATMs that allow them to withdraw funds from their U.S. bank, but the ATM gives them the equivalent in local currency. Which type of system does the U.S. Bank use to transfer money almost instantly, and in the currency needed by the user?
Answer:
The answer is "Electronic Funds Transfer".
Explanation:
It is a financial exchange electronically, which is also known as direct deposit salary services with ATM, which Cash subsidies among buyer marketing authorization, which implies digitally moving funds from one bank to the next. It's accomplices through the exchange of paper currency or certificates. The bank account is among the most popular applications of EFT.
the sarbanes-oxley act of 2002 (sox) was created, in part, to address cases of companies making fraudulent entries to avoid reporting net losses. to find evidence of this kind of earnings management, review the below tableau dashboard, which includes available data from all u.s. public companies for 1985-2017 (except banks, financial institutions, and other regulated companies). by following the requirements below, you will discover whether earnings management occurred during certain periods.
The Sarbanes-Oxley Act of 2002 (SOX) was enacted in the wake of some major corporate scandals such as Enron, WorldCom, and Tyco International. The Act was created to address cases of companies making fraudulent entries to avoid reporting net losses.
SOX established stringent accounting and auditing standards for public companies and required the management to provide certification of financial statements.The below Tableau Dashboard includes available data from all US public companies for 1985-2017 (except banks, financial institutions, and other regulated companies). To find evidence of earnings management, you must follow the below requirements.Requirements:1. Select “Accounts Receivable” as the account to focus on.2. Identify the years 1998–2001 and observe the graph trend. 3. Identify the years 2002–2005 and observe the graph trend. 4. Interpret and explain the graph trend from step 2 and step 3. 5. Discuss whether you believe earnings management occurred during the two periods observed.In step 2, the graph shows that accounts receivable remained stable from 1998 to 2001, with a slight increase in 2001. In contrast, in step 3, accounts receivable decreased continuously from 2002 to 2005. This decrease implies that companies may have engaged in aggressive collection procedures to meet earnings expectations.In conclusion, the graph suggests that companies used aggressive accounting techniques during 2002-2005 to meet earnings expectations. Therefore, it can be concluded that earnings management occurred during this period.
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the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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analyzes which markets are accessible to your company
Answer:
How do you analyze a company's market?
These are the seven steps of conducting a market analysis:
Determine your purpose. ...
Research the state of the industry. ...
Identify your target customer. ...
Understand your competition. ...
Gather additional data. ...
Analyze your data. ...
Put your analysis to work.
What should a market analysis include?
What to include in your market analysis. Your market analysis should include an overview of your industry, a look at your target market, an analysis of your competition, your own projections for your business, and any regulations you'll need to comply with.
How do you analyze a company's market?
These are the seven steps of conducting a market analysis:
Determine your purpose. ...
Research the state of the industry. ...
Identify your target customer. ...
Understand your competition. ...
Gather additional data. ...
Analyze your data. ...
Put your analysis to work
Explanation:
MARK A BRAINLESS THIS ANSWER IS CORRECT
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What things might cause disputes in a partnership??
If a product is considered a bundle of attributes, what would be two attributes of a tube of toothpaste
If a product is considered a bundle of attributes, the two attributes of a tube of toothpaste will be: Weighs 10 grams and is Water resistant.
A product is considered a bundle of attributes that could be tangible or not.
In describing the product attributes of a toothpaste tube, we could reference the fact that it is lightweight and is resistant to water.
These attributes are the features that make the product attractive to consumers.
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Answer: Flavor of toothpaste & Size of container
Explanation:
The correct answer for smartbook.
A machine operator can program machine #1
Answer:
yes they can i believe you can achieve anything if you put your mind to it...
Explanation:
You are entrusted with the responsibility to train a fresh batch of Graduate Trainees that have joined your organization on ethical behaviour. Highlight the differences between ethical dilemma and ethical lapse citing 2 examples of each. In the absence of a clear set of guidelines, what should the trainees bear in mind to ensure they make ethical communication choices.
Ethical dilemmas are situations where there are conflicting moral principles, and no matter what action is taken, it results in some ethical principles being compromised. Ethical lapses, on the other hand, are situations where an individual violates ethical principles knowingly or unknowingly, resulting in an ethical breach.
Differences between ethical dilemma and ethical lapseExamples of ethical dilemma:Accepting a job offer at a company that you know is involved in unethical practices or treatment of employees.A dilemma of loyalty: choosing between remaining silent or reporting unethical behaviorExamples of ethical lapse:Falsifying expense reports.Misusing company resources.The trainees should understand that ethical communication requires more than just compliance with a code of conduct.
They should understand that they have a responsibility to communicate ethically by being honest, transparent, and respectful when communicating with others. It is essential to act with integrity and be accountable for one's actions. In the absence of clear guidelines, the trainees should follow some basic principles of ethical communication, such as:
Tell the truth: Be honest and truthful in all communications.Respect others: Be respectful of others' opinions and perspectives.Confidentiality: Ensure that confidential information is kept private and only shared with authorized personnel.Be transparent: Be open and transparent in all communications. If a mistake is made, be forthcoming and take responsibility for it.Uphold company values: Ensure that all communications are in line with the company's values and culture, and avoid engaging in any activity that may be considered unethical.For more such questions on Ethical dilemmas
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you find a zero coupon bond with a par value of $10,000 and 28 years to maturity. the yield to maturity on this bond is 5.4 percent. assume semiannual compounding periods. what is the dollar price of the bond?
To calculate the dollar price of the zero coupon bond, we need to use the formula for present value:
Present Value = Par Value / (1 + Yield to Maturity / Number of Compounding Periods)^(Number of Compounding Periods * Years to Maturity)
Given:
Par Value = $10,000
Yield to Maturity = 5.4% or 0.054
Number of Compounding Periods = 2 (semiannual compounding)
Years to Maturity = 28
Plugging in these values into the formula, we get:
Present Value = 10,000 / (1 + 0.054 / 2)^(2 * 28)
Calculating the exponent first:
Exponent = 2 * 28 = 56
Next, calculating the part inside the parentheses:
1 + (0.054 / 2) = 1.027
Raising this value to the power of 56:
(1.027)^56 = 3.724541049
Finally, calculating the present value:
Present Value = 10,000 / 3.724541049 ≈ $2,682.43
Therefore, the dollar price of the zero coupon bond is approximately $2,682.43. This represents the present value of the bond's future cash flow (the par value of $10,000) discounted at the yield to maturity of 5.4% compounded semiannually for 28 years.
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Please answer the following questions using the Case: Nike Inc.
1. What are Nike's vision, mission, and values?
2. Nike's strategic intent is to be a company that stands for something meaningful—what does this mean? 3. What are the upsides and downsides of this kind of corporate social responsibility?
Nike's strategic intent is to be a company that stands for something meaningful. Its vision is to bring inspiration and innovation to every athlete in the world, while its mission is to create products that meet the highest standards of quality, performance, and durability. Nike is committed to environmental and social causes, but it recognizes that corporate social responsibility initiatives can be costly and time-consuming.
1. Nike’s vision, mission, and valuesNike's vision is "to bring inspiration and innovation to every athlete* in the world." Nike's mission statement is "To bring inspiration and innovation to every athlete* in the world." (*If you have a body, you are an athlete.)The following values govern Nike: Human greatness, innovation, sustainability, community, and ethical behavior.
2. Nike's strategic intent is to be a company that stands for something meaningful
Nike intends to be a company that stands for something more meaningful than just its products. It plans to accomplish this by establishing meaningful relationships with its customers, employees, and stakeholders and by building a culture of innovation and invention. Nike is dedicated to creating products that meet the highest standards of quality, performance, and durability while also considering environmental and social factors.
3. What are the upsides and downsides of this kind of corporate social responsibility? Upsides of corporate social responsibility (CSR): CSR is good for businesses because it increases brand loyalty, attracts more customers, and attracts and retains top talent. Furthermore, CSR initiatives promote social and environmental causes, which are typically beneficial to society. Downsides of corporate social responsibility (CSR): CSR activities can be expensive and time-consuming, and there is no guarantee that they will produce immediate results. Additionally, CSR initiatives can appear disingenuous or opportunistic if a company only engages in them to boost its public image rather than actually caring about the issue.
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When the owner does not know when or where it disappeared form the owner's possession, it is considered to be
Answer Choices:
A. Assession
B. Lost property
C. Mislaid property
Answer:
lost property
Explanation:
in april 2017, petsmart agreed to make the largest e-commerce acquisition in history to date, putting a deal in place to snatch up fast-growing pet food and product site chewy. com for $3.35 billion. the acquisition premium for this particular deal can be calculated as the amount by which the price petsmart offered for chewy.com exceeded the
The acquisition premium for the Petsmart and Chewy.com deal in April 2017 can be calculated as the amount by which the price Petsmart offered for Chewy.com exceeded the fair market value of Chewy.com.
The acquisition premium is a measure of the premium paid by the acquiring company over the fair market value of the target company. In this case, Petsmart agreed to acquire Chewy.com for $3.35 billion. To calculate the acquisition premium, we need to determine the fair market value of Chewy.com.
However, the fair market value is not provided in the question. Therefore, without this information, it is not possible to calculate the exact acquisition premium for this particular deal.
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Fitzpatrick Company had $500 of accrued salary expenses that will be paid during the following accounting period. How would the related adjusting entry be recorded in the company’s T-accounts?
Multiple Choice
Salaries Expense
500 Cash
500
Cash
500 Salaries Expense
500
Salaries Expense
500 Salaries Payable
500
Salaries Payable
500 Salaries Expense
500