Accounts receivable is the debit to record a purchase order received. Hence, option A is correct.
What is Accounts receivable?Accounts receivable refers to the sum of money due to a company for goods or services delivered or utilized but not yet paid for by customers. Accounts receivable are listed as a current asset on the balance sheet. The term "AR" refers to any money that clients owe for purchases they made using credit.
Accounts receivable are the unpaid obligations owed by customers for products or services they have received but have not yet paid for.
Thus, option A is correct.
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What account title is used to journalize the Federal Income Tax column of the payroll register?
Employee income tax payable is used to journalize the federal income tax column of the payroll register.
Exactly what is regarded as a federal income tax?The federal income tax is levied against the yearly profits of people, companies, and other legal entities. All forms of compensation, including salaries, gifts of money from employers, business earnings, tips, and Federal income taxes are due on gaming profits, bonuses, and unemployment payments.
How do I know if I am subject to federal income tax?You don't owe any income tax if the total tax on your Form 1040 is less than your refundable credits. Your income must be so minimal that you won't owe income tax in order to qualify for no tax responsibility.
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which is an advantage of doing an apprenticeship program
Answer:
Answer to the following question is as follows;
Explanation:
An apprenticeship programme is a type of training programme in which students gain work experience while still taking courses. Apprenticeships are usually compensated. The advantage of taking an apprenticeship programme, according to the same, is that you generate income while learning specialised job skills.
Answer:
You earn money while you learn specific career skills.
Explanation:
When you add the value of a Maryam's benefits to her salary how much is she earning per year
82,500Answer:
Explanation:
company A had an engineering job to be given to a subcontracting company. The subcontracting took the iob and a formal contract was signed between the two parties. While the project was ongoing. some technical diticulties faced by the subcontracting company forced the project to be stopped for a period of 1 month. Since the project was stalled for 1 month the company A couldn't complete the project, and couldn't deliver the project to the client. The client levied a fine on the contracting company. Company A asked for compensation for the delay of work by the subcontracting company wherein in the formal contract there is no mention that the fine can be levied on any delay of work. The two companies had a dispute and company A had refused to conclude the contract. Apply applicable two Bahrain contract laws in this scenario to have a dispute resolution and come up with an appropriate conclusion to the case
In Bahrain, the applicable laws for resolving contract disputes can include: Bahrain Commercial Companies Law: This law governs the formation and operation of commercial companies, including subcontracting companies.
Bahrain Civil Code: The Civil Code contains provisions related to contracts, obligations, and liabilities. It may cover aspects such as breach of contract, compensation for damages, and principles of contractual interpretation. In order to resolve the dispute and come to an appropriate conclusion, the parties involved can consider the following steps: Contractual Interpretation: Review the terms and conditions of the formal contract signed between the two parties to determine if there are any clauses or provisions that address the issue of compensation for delays or unforeseen circumstances. It is important to carefully examine the contract language to understand the rights and obligations of each party.
Negotiation and Mediation: The parties can attempt to negotiate a mutually acceptable resolution through direct discussions or mediation. Mediation involves the intervention of a neutral third party who facilitates communication and assists the parties in reaching a settlement.
Arbitration: If negotiation or mediation fails to resolve the dispute, the parties can consider arbitration. Bahrain has established the Bahrain Chamber for Dispute Resolution (BCDR-AAA) to handle commercial disputes through arbitration and other alternative dispute resolution mechanisms. Legal Action: If all other avenues fail, the parties can resort to legal action by filing a lawsuit in the appropriate Bahraini court. The court will consider the relevant contract laws and evidence presented by both parties to determine the outcome of the case. It is important to consult with a legal professional to understand the specific details of the case, review the contract terms, and receive advice tailored to the Bahraini legal system and circumstances involved.
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The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.
Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.
What is data on price ?Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.
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Why is it important for cashiers and clerks to enjoy dealing with people?
-because they must handle large sums of money
-because they may only be working part-time
-because they are responsible for customer satisfaction
-because they need to get on-the-job training
Answer:
C. -Because They are responsible for customer satisfaction
Explanation:
Every Cashier is responsible for making sure that the customer Gets what he or she needs. and ever customer should be treated fairly. Every Customer should be happy when Getting Served.
After a bank reconciliation is complete, which of the following types of adjustments should be journalized?
A. adjustments per bank
B. adjustments per books
C. adjustments per books and bank
D. adjustments per cash
Answer:
c
Explanation:
Answer:
the answer is B; adjustments per books
Explanation:
i just took the quiz
How are volatility and risk related in an investment?
A.
a volatile investment is less risky
B.
a volatile investment is more risky
C.
volatility and risk are not related
The terms volatility and risk are related in an investment because a volatile investment is more risky. The Option B is correct.
What is a volatile investment?Basically, the term volatility describes when a market or security experiences periods of unpredictable and sometimes sharp, price movements. Most People often think of volatility only when prices fall, however volatility can also refer to sudden price rises too.
Most of the Increased market volatility are caused by economic or policy factors including changes in other markets, interest rate hikes, and the Fed's current monetary policy. A political instability can also lead to market volatility.
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Marsha is working part-time at a restaurant. She makes an average of $200 per week and her parents send her a monthly allowance of $100. She has the following monthly expenses: Cell phone, $62.00; Gas, $100.00; Food, $200.00; Entertainment, $100.00; Car payment, $200.00; and Insurance, $125.00. Use this information to fill in Marsha’s Income Statement for the current month.
Income:
Total Income:
Expenses:
Total expenses:
If She makes an average of $200 per week and her parents send her a monthly allowance of $100. Her net income is $113.
Income StatementMarsha’s Income Statement for the current month
Income $900
[($200 per week×4 weeks)+$100]
Total Income $900
Expenses:
Cell phone $62.00
Gas, $100.00
Food $200.00
Entertainment $100.00
Car payment $200.00
Insurance $125.00
Total expenses $787
Net income $113
($900-$787)
Therefore her net income is $113.
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Whereas in cell 4 of the Company Industry Fit model, an environment characterized by a high degree of uncertainty with complex and unstable elements, industries and firms such as computer, aerospace,
The Company Industry Fit model was developed by G. Hamel and C.K. Prahalad in 1985. According to this model, firms have to align themselves with the environment of the industry they operate in to be successful.
The model is divided into four cells and has a matrix format.Whereas in cell 4 of the Company Industry Fit model, an environment characterized by a high degree of uncertainty with complex and unstable elements, industries and firms such as computer, aerospace, and biotechnology can be found.
The characteristics of the industries and firms in cell 4 include:•
high risk and uncertainty•
complex technology•
rapid change and evolution•
high cost of capital and resources•
high degree of government regulation.•
These industries and firms face the challenge of adapting to rapid changes in technology and regulations, as well as dealing with the high costs and risks associated with their operations.
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Select the statement that does not identify a problem that suggests that the regulatory approach will prove inadequate over the long term.
Multiple Choice
a.It underestimates the ability of business to influence consumer choice.
b.It assumes that business fulfills its environmental responsibility when it responds to the environmental demands of consumers.
c.It underestimates the influence that business can have in establishing the law.
d.Itt assumes that economic growth is environmentally and ethically benign.
The articulation that does not distinguish an issue recommending that the administrative approach will demonstrate lacking over the long term is:
b.It assumes that the business fulfills its environmental responsibility when it responds to the environmental demands of consumers.
This explanation does not highlight an issue with the administrative approach. Instep, it proposes that when businesses react to natural requests from customers, they are satisfying their natural obligation.
This viewpoint accepts that businesses are responsive to shopper requests and will take fitting activities to address natural concerns.
On the other hand, choices a, c, and d highlight potential issues with the administrative approach.
Choice A focuses on that the administrative approach may belittle the capacity of businesses to impact buyer choices, possibly driving them to insufficient direction.
Choice c recommends that the administrative approach may think little of the impact that businesses have in setting up laws, which may lead to administrative capture or insufficient authorization.
Choice d shows that the administrative approach may expect that financial development is naturally and morally generous, possibly neglecting negative impacts and the requirement for stricter directions.
Subsequently, choice b does not distinguish an issue with the administrative approach, whereas alternatives a, c, and d raise concerns about its ampleness over the long term.
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What is the relationship between the standard deviation and the precision of a procedure?.
It totally depends on the trail and define patterns. However, the quality deviation is directly associated with precision of a procedure where low standard deviations are indicative of a high level of precision. There's not a necessary relation between variance and accuracy except that a high level of accuracy requires low standard deviations.
Precision from variance is the standard deviation is that the root of the variance. Use a calculator to search out the root, and therefore the result's the quality deviation. Report your result. Using this calculation, the precision of the dimensions are often represented by giving the mean, plus or minus the quality deviation. Standard deviation tells you ways detached the information is. it's a measure of how far each observed value is from the mean. In any distribution, about or approx. 95% of values are going to be within 2 standard deviations of the mean.
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Which is an example of an income deduction? an unexpected salary cut wages lost due to illness vacation budget retirement savings
Retirement savings are among the examples of income deduction and Option D is correct.
What is Income deduction?Income deduction can be defined as the amount that is being deducted transparently from the actual income before the income comes in hand and is allocated in other reserves that are utilized for various benefits.
Retirement savings, income tax, medicare, and many more are some of the examples of Income deduction.
Retirement savings are funds deducted transparently and consistently from the income for a long period of time and is returned to the employee during the time of retirement.
Therefore, Retirement savings are among the examples of income deduction and Option D is correct.
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Answer:
the answer is D
trust me
heavy use of long-term debt may be beneficial in an inflationary economy because
Heavy use of long-term debt may be beneficial in an inflationary economy because it allows businesses to take advantage of fixed interest rates, maintain purchasing power, and optimize their capital structure.
Firstly, long-term debt usually has fixed interest rates, meaning that businesses can lock in lower rates before inflation causes them to rise. This protects companies from the adverse effects of higher borrowing costs and makes long-term debt more appealing than short-term debt, which often has variable rates.
Secondly, borrowing in an inflationary environment helps businesses maintain purchasing power. As the value of money decreases over time due to inflation, repaying the debt in the future will be less burdensome as the real value of the repayments will be lower.
This allows businesses to effectively preserve their purchasing power, making long-term debt a strategic financing choice. Lastly, leveraging long-term debt can optimize a company's capital structure. By increasing the proportion of debt to equity, businesses can achieve a lower weighted average cost of capital (WACC).
This is because debt is generally cheaper than equity, and the interest on debt is tax-deductible, which lowers the effective cost of borrowing. As a result, using long-term debt can lead to higher returns for shareholders and improve overall financial performance.
In conclusion, heavy use of long-term debt can be advantageous in an inflationary economy due to its ability to lock in lower interest rates, maintain purchasing power, and optimize capital structure.
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Your friends' credit scores are 560, 675, 710, 590, and 640. Your credit score is 680. What is the difference between the average credit score of your friends and your credit score?
Answer:
mine is higher by 45 points
Explanation:
Average score is the total score divided by number of entries
Average credit score = 560 + 675 + 710 + 590 +640 / 5
=3175/5
=635
friends average credit score = 635
My credit score =680.
the difference = 680-635=45 credit points
my credit score is better by 45 points
how is a jingle different from a slogan
Answer:
A jingle is a short tune or phrase that is used to advertise a product or service. It is usually catchy, memorable and includes the product’s name or message. A slogan is a short, memorable phrase that is associated with a product or service. It is used to create an image in the public’s mind of what the product or service is about and is designed to create an emotional connection with the customer.
Explanation:
Answer:
Slogans are often shorter than jingles and do not have a melody.
Explanation:
What were jingles and slogans used for?
Jingles are an element of branding – Just as a brand's logo or tagline are a way to identify a brand with your eyes and ears, jingles are a uniquely identifiable audio clip that draws on consumers' hearing senses to identify your brand.
Hernandez, Inc. Manufactures three models of picture frames for a total of 8,000 frames per year. The unit cost to produce a metal frame follows: Direct materials $ 6 Direct labor 8 Variable overhead 2 Fixed overhead (70% unavoidable) 5 Total $ 21
This means that each metal frame produced by Hernandez, Inc. has a total unit cost of $21.
Hernandez, Inc. manufactures three models of picture frames, producing a total of 8,000 frames per year. The unit cost for producing a metal frame can be broken down into several components, which include direct materials, direct labor, variable overhead, and fixed overhead.
1. Direct materials: These are the raw materials used in the production of the metal frame, which cost $6 per unit.
2. Direct labor: This refers to the wages paid to the workers directly involved in manufacturing the metal frame. The cost of direct labor is $8 per unit.
3. Variable overhead: This encompasses costs that vary with the production level, such as electricity and maintenance expenses. The variable overhead cost for each metal frame is $2.
4. Fixed overhead: These are costs that do not change with the level of production, like rent and property taxes. Out of the total fixed overhead cost of $5 per unit, 70% ($3.50) is considered unavoidable, meaning that it will be incurred regardless of the number of frames produced.
By summing these individual cost components, we can calculate the total cost to produce a metal frame: $6 (direct materials) + $8 (direct labor) + $2 (variable overhead) + $5 (fixed overhead) = $21 per unit.
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the single most important activity of international business negotiations is
The single most important activity of international business negotiations is effective communication. Communication is the foundation of any successful negotiation, especially in a global context where cultural and language barriers can be present.
Effective communication involves not only clear and concise verbal communication, but also nonverbal communication, such as body language and tone of voice. In addition to communication, preparation is another crucial aspect of international business negotiations. This includes research on the culture, customs, and business practices of the other party, as well as understanding their goals and priorities. Without proper preparation, negotiations can easily become derailed or ineffective.
Another important activity in international business negotiations is the ability to adapt and be flexible. This involves being able to understand and accommodate cultural differences, as well as being willing to compromise and find mutually beneficial solutions. Overall, while there are many important activities in international business negotiations, effective communication, preparation, and adaptability are among the most critical for achieving success.
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Customer value propositions should be specific with respect to tangible outcomes.
(A) True
(B) False
(B) False Customer value propositions should be specific with respect to tangible outcomes. The statement is incorrect. Customer value propositions should be specific and clear about the value and benefits.
That customers will receive from a product or service. While tangible outcomes can be part of the value proposition, it is not necessary for the proposition to be exclusively focused on tangible outcomes. Customer value propositions can include a combination of tangible and intangible benefits. Tangible outcomes refer to measurable and physical results, such as cost savings, increased efficiency, or improved performance.
Intangible outcomes, on the other hand, are more subjective and relate to emotional or psychological benefits, such as convenience, status, or peace of mind. A well-crafted customer value proposition considers both tangible and intangible outcomes, addressing the needs, desires, and pain points of the target customers. It should clearly communicate the unique value and benefits that customers will experience by choosing a particular product or service.
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Carl is an electrician. A new building is starting construction. Carl would like to win the contract for
electrical work for the building. He should
do nothing; they will contact him if they need his work
O send a resumé
O call and leave a long voicemail that gives prices and procedures
O create a type of business report called a business proposal
A enterprise idea is a formal report that's created by means of a enterprise and furnished to a prospect to invulnerable a commercial enterprise agreement. It's a frequent misconception that enterprise proposals and enterprise plans are the same.
The notion targets to promote your product or carrier alternatively than your enterprise itself.
What is called business proposal?Image end result for TO create a type of commercial enterprise document called a commercial enterprise proposal
A commercial enterprise proposal is a document that outlines a proposed enterprise plan, detailing the product or services to be provided, the fees related with the project, and the predicted outcomes.
Is a business concept a report?Some human beings tend to use them interchangeably, though they refer to two kinds of professional documents. A formal research record is carried out to see if a workable assignment will succeed, while a business notion is written with the intention of beginning a new product.
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On March 1, 2020, TLM Inc. issued bonds with a $200,000 face value, a 9% contract rate and a 10% market rate. The bonds were issued for $192,000 and mature on Feb 28, 2025. The bonds pay interest on August 31st and February 28th. TLM Inc.’s year end is December 31st.
Required:
1. Prepare the journal entry to record the sale or issuance of the bonds.
2. Prepare the journal entry to record the first semi-annual interest payment on August 31, 2020.
3. Prepare the journal entry to record the accrual of interest expense on December 31, 2020.
4. Prepare the journal entry to record the interest payment on February 28, 2021.
5. Prepare the journal entry to record the payment of the bonds at maturity.
On March 1, 2020, TLM Inc. issued bonds with a $200,000 face value, a 9% contract rate and a 10% market rate. Journal entry to record the sale or issuance of the bonds on March 1, 2020.
Date: March 1, 2020
Account Debit Credit
Cash $192,000
Discount on Bonds Payable $8,000
Bonds Payable $200,000
The company receives cash of $192,000, which is the issue price (lower than the face value) of the bonds.
The discount on bonds payable is recorded to reflect the difference between the issue price and the face value.
Journal entry to record the first semi-annual interest payment on August 31, 2020:
Date: August 31, 2020
Account Debit Credit
Interest Expense $9,000
Discount on Bonds Payable $1,000
Cash $10,000
Journal entry to record the accrual of interest expense on December 31, 2020:
Date: December 31, 2020
Account Debit Credit
Interest Expense $9,000
Interest Payable $9,000
The company accrues interest expense of $9,000 (9% of the face value) at the end of the year even though the payment will be made later.
Journal entry to record the interest payment on February 28, 2021:
Date: February 28, 2021
Account Debit Credit
Interest Expense $9,000
Interest Payable $9,000
The company settles the accrued interest expense by making a payment of $9,000.
Journal entry to record the payment of the bonds at maturity:
Date: February 28, 2025
Account Debit Credit
Bonds Payable $200,000
Interest Payable $9,000
Cash $209,000
The company repays the face value of the bonds ($200,000) and the remaining interest payable ($9,000) upon maturity. The total payment is $209,000.
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How are SI units supportive to traders?
Some common SI units
Mass=KgTemperature=KLuminous intensity=CandelaCurrent=AmperePressure=PaJoel takes out a loan with a stated rate of 11.85% interest. If the interest is calculated weekly, how much greater is Joel’s effective rate than his stated rate?
a. 0.72 percentage points
b. 0.52 percentage points
c. 0.70 percentage points
d. 0.67 percentage points
Answer: a. 0.72 percentage points
Explanation:
Given the following :
Nominal interest rate(r) = 11.85%) = 0.1185
c = number of compounding periods in a year
p = number of compounding periods rate is required for
Number of weeks in a year = 52 = p = c
Effective interest rate (E) is given as :
E = [( 1 + (r / c) )^p] - 1
E = [(1 + (0.1185 / 52)) ^52] - 1
E = [ (1 + 0.0022788) ^52] - 1
E = [1.0022788^52] - 1
E = 1.1256551 - 1
E = 0.1256551
Effective interest rate - Nominal interest rate
0.1256551 - 0.1185 = 0.0071551
(0.0071551 × 100)% = 0.7155% = 0.72%
Answer:
the answer is A. 0.72
Explanation:
I got it correct on edg
Perform the regression and write the estimated regression equation. do the coefficient signs agree with your a priori expectations?
Performing a regression involves analyzing the relationship between two variables. The estimated regression equation is used to predict the dependent variable based on the independent variable. The coefficient signs indicate the direction and magnitude of the relationship between the variables. If the coefficient sign agrees with a priori expectations, it means that the regression results are consistent with the initial assumptions about the variables. The estimated regression equation and coefficient signs should be interpreted in the context of the data and the research question being addressed.
To answer this question more specifically, I would need additional information about the variables and the analysis being conducted.
To perform the regression and write the estimated regression equation, you would first collect data on the variables of interest. Next, you would use a statistical software or tool to run a regression analysis on this data. The output will provide you with the estimated coefficients for each variable, along with the intercept.
The estimated regression equation would be in the form: Y = b0 + b1X1 + b2X2 + ... + bnXn, where Y is the dependent variable, b0 is the intercept, and b1, b2, ..., bn are the coefficients for the independent variables X1, X2, ..., Xn.
To determine if the coefficient signs agree with your a priori expectations, compare the signs of the estimated coefficients to your predictions based on theory or previous knowledge. If the signs align with your expectations, then they agree. If not, further investigation may be needed to understand the discrepancy.
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Which of the following statements is a strong reason for giving credit to sources of data in a formal business doccument
Answer:
It shows you have done solid research to back up your conclusions.
Multiple choice options for this question are as follows: online source
A). It shows you have done solid research to back up your conclusions.
B). Readers of a business document do not pay attention to sources
C). Giving credit is easier than treating others' ideas as your own
D). It is a requirement of MLA and APA styles
Explanation:
Giving credit to your sources is a phrase that refers to Referencing or citing the source of your information. It is important to the reader or user of the document because they can always go back and verify the data's accuracy. Referencing also leaves a trail that can be used to see the views and opinions of other business people or researchers .
Giving credit to your sources in a formal business document shows you took the time to research the subject matter. It gives the impression that you can relate your ideas to the views of other professionals in the industry.
Answer:
A). It shows you have done solid research to back up your conclusions
Explanation:
an importer will generally try to avoid making payment for a purchase before the goods are actually shipped by. quizlet
An importer will generally try to avoid making payment for a purchase before the goods are actually shipped by using a letter of credit (LOC).
A letter of credit is a financial instrument issued by a bank that guarantees payment to the seller upon the shipment of goods. The importer arranges for the letter of credit with their bank and instructs the bank to issue it to the seller's bank. The seller can then use the letter of credit to secure payment for the goods once they have been shipped.Using a letter of credit provides a measure of security for both the importer and the seller. The seller knows that they will be paid once the goods are shipped, and the importer knows that they will only have to make payment once the goods have been received. This helps to reduce the risk of fraud and ensures that both parties fulfill their obligations in the transaction.
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the final evaluation of audit evidence from the financial statement audit is primarily concerned with
The final evaluation of audit evidence from the financial statement audit is primarily concerned with determining whether the financial statements are free from material misstatement and accurately represent the company's financial position, performance, and cash flows in accordance with the applicable accounting framework.
This process helps provide assurance to stakeholders that the financial statements are reliable and credible. The final evaluation of audit evidence from the financial statement audit is primarily concerned with determining the accuracy and reliability of the financial statements and ensuring that they fairly represent the financial position and performance of the audited entity.
The auditor reviews the audit evidence gathered during the audit process to assess whether there are any material misstatements or errors in the financial statements, and to ensure that all disclosures required by accounting standards are included. The statement issued by the auditor at the end of the audit provides an opinion on the fairness of the financial statements and is an important communication to stakeholders about the financial health of the audited entity.
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which groups are parts of the task environment? (choose every correct answer.) a. distributors b. strategic allies c. owners d. board of director e. LO
The task environment is made up of clients, rivals, vendors, distributors, tactical allies, employee associations, local communities, financial institutions, governmental regulators, special interest groups, and the media.
Complexity, dynamism, and munificence are three bipolar dimensions that can be used to categorize the job environment. The Eisenhower Method divides tasks into four categories: important/urgent, important/not urgent, and important/not urgent. These are effective because they make it simple to choose whether anything needs to be done right away, later, or even never at all. The four methods of developing the stages required for a task analysis are goal analysis, self-monitoring, watching a master, and brainstorming. "A group of persons who are brought together to execute a certain work.
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Match the item with the section of the marketing plan it belongs in. To match the items, click the item, and then click the section.
Match the item with the section of the marketing plan it belongs in.
To match the items, click the item, and then click the section.
The amount you plan to spend on each promotional strategy.
Marketing message
The number of sales you plan to have in the next year.
Product description
Strengths and weaknesses of other companies that provide similar products.
Other marketing goals
The message about your product's benefits that you plan to convey to your target market.
Budget
The percentage of customers who say they are highly satisfied in your customer profile survey.
Competition
The qualities you want to have people associate with your product.
Pricing
A list of the product's features.
Market research
How the cost of your product will support your brand image and marketing message.
Brand image goals
A description of general economic trends and how they are likely to affect the target market.
Promotional strategies
Ways you will communicate with your target market.
Financial goals
Answer:
1. Budget.
2. Financial goals.
3. Competition.
4. Marketing message.
5. Other marketing goals.
6. Brand image goals.
7. Product description.
8. Pricing.
9. Marketing research.
10. Promotional strategies.
Explanation:
1. Budget: The amount you plan to spend on each promotional strategy.
2. Financial goals: The number of sales you plan to have in the next year.
3. Competition: Strengths and weaknesses of other companies that provide similar products.
4. Marketing message: The message about your product's benefits that you plan to convey to your target market.
5. Other marketing goals: The percentage of customers who say they are highly satisfied in your customer profile survey.
6. Brand image goals: The qualities you want to have people associate with your product.
7. Product description: A list of the product's features.
8. Pricing: How the cost of your product will support your brand image and marketing message.
9. Market research: A description of general economic trends and how they are likely to affect the target market.
10. Promotional strategies: Ways you will communicate with your target market.
Answer:
1. Budget.
2. Financial goals.
3. Competition.
4. Marketing message.
5. Other marketing goals.
6. Brand image goals.
7. Product description.
8. Pricing.
9. Marketing research.
10. Promotional strategies.Explanation:
Suppose that a union successfully negotiated a 10 percent wage increase and the quantity of labor demanded increased by 10 percent. We can conclude that?
We can conclude that labor demand is unit elastic.
What is unit elastic demand for labor?The elasticity of demand for labor measures how the quantity of labor demanded when there is a change in the wages of labor. The the elasticity of demad is unit elastic, it means that when the ratio of the percentage change in quantity demanded to the percentage change in wage is 1.
The elasticity of demand for labor = percentage change in quantity of labor demanded / percentage change in wages
10% / 10% = 1
Here are the options:
labor demand is highly elastic.
the coefficient of labor demand elasticity is less than 1.
labor demand is unit-elastic
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