How can a manager use a value chain to improve a company?
To improve a company's value chain, its value chain management team identifies each part of its production process and where improvements can be made. These improvements can either reduce costs or improve production capacity.
Proof that an entrepreneur is certified to work in a specific field of business is a ____.
A license is evidence that an entrepreneur is qualified to work in a particular industry.
Are all business owners considered entrepreneurs?It is someone who takes chances in order to succeed. Although "company owner" and "entrepreneur" are sometimes used interchangeably today, many business owners today are not entrepreneurs since they are not actively chasing "new ideas. Business owners and entrepreneurs have very distinct problems to deal with.
What part does the entrepreneur play?A person who establishes and expands a firm using their original ideas is an entrepreneur. In addition to earning money as their firms expand, entrepreneurs serve important roles. An entrepreneur chooses a market need in their neighborhood, develops a business concept, and takes the initiative to launch their enterprise.
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Question 5 Shop A charges $275.00 for an oil change and has a gross oil profit percent of 39.1% for its total oil gross profit 96. Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4% for its total oil gross profit . Both shops pay $21.25 per gallon of oil. What is the Profit per Lube for Shop B?
To calculate the Profit per Lube for Shop B, we need to determine the total profit made from each oil change and then divide it by the amount of oil used.
First, we need to find the total oil gross profit for Shop B. We know that Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4%. This means the gross oil profit is calculated as a percentage of the total price.
Gross oil profit for Shop B = 28.4% of $275.00
= (28.4/100) * $275.00
= $78.10
Next, we need to calculate the amount of oil used for each oil change. We are given that both shops pay $21.25 per gallon of oil.
Amount of oil used for each oil change = $275.00 / $21.25 per gallon
= 12.94 gallons (rounded to two decimal places)
Finally, we can calculate the Profit per Lube for Shop B by dividing the total oil gross profit by the amount of oil used.
Profit per Lube for Shop B = Gross oil profit for Shop B / Amount of oil used
= $78.10 / 12.94 gallons
≈ $6.03 per gallon
Therefore, the Profit per Lube for Shop B is approximately $6.03 per gallon.
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When a manager speaks to an employee, the employee pays the most attention to: Nonverbal communication Verbal communication
In American business culture, when a manager is speaking to an employee, the employee should pay more attention to Nonverbal communication.
When an employee is talking to a manager:
The manager will not give complete instructions The manager will expect the employee to take some sort of leadThe only way the employee will be able to know these things is by paying attention to the nonverbal communication cues of the manager.
In conclusion, employees pay more attention to nonverbal communication.
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What is a benefit for working in the modern manufacturing industry?
You get to make all the newest things
A benefit of working in the modern manufacturing industry is Competitive salaries. Thus the correct option is A.
What is the industry?The industry refers to the economic area or place where the manufacturing of goods will be done with the help of raw materials and machines as equipment and assemble the goods for distribution in the market.
An increasing number of individuals believe that domestic manufacturing is crucial to the economy. Because it contributes significantly to the US economy, millions of Individuals benefit from the stability it brings to their employment.
More workers will be asked to join in and assist as production demands rise and domestic manufacturing is valued more seriously. Current employees can anticipate career advancement at the same time.
Therefore, option A is appropriate.
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The complete question is Probably
What is a benefit for working in the modern manufacturing industry?
a
Competitive salaries
b
No skills needed for entry-level positions
c
Simple technology that is easy to use
d
Repetitive responsibilities
The two steps to implementing a marketing concept are to ______.
-determine the customers needs and design an advertisement
-identify the target market and create a marketing mix
-develop a new product and plan the budget
-assemble a marketing team and plan a sales promotion
The two steps to implementing a marketing concept are to identify the target market and create a marketing mix. Thus the correct answer is B.
What is marketing?Marketing refers to a technique that consists of selling and promoting of products to increase the sells and maximize profit. This marketing can be done as advertising which helps in creating awareness among customers.
The marketing concept is a tactic that businesses use to meet client wants, boost sales, maximize profits, and outperform rival businesses.This plays important role in attracting customers.
The marketing concept can only be implemented after identify the target market on which the products is focused and then create a market mix based on the evaluation.
Therefore, option B is appropriate.
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Swarovski is associated with what product?
Answer:
Swarovski is associated with Crystal Jewelry.
Answer:
lol 69 but its Crystal Jewelry
Explanation:
Maxwell Software, Inc., has the following mutually exclusive projects. Year Project A Project B 0 –$31,000 –$34,000 1 17,500 18,500 2 14,000 12,500 3 4,000 14,000 a-1. Calculate the payback period for each project.
To calculate the payback period for each project, we need to determine the time it takes for the initial investment to be recovered through project cash flows.Therefore, both Project A and Project B have a payback period of 2 years.
The initial investment is -$31,000, and the positive cash flows occur at the end of Year 1, Year 2, and Year 3. Since the cash inflows are $17,500, $14,000, and $4,000 respectively, we need to accumulate enough cash flows to recover the initial investment of -$31,000. The payback period can be calculated as follows:Year 1: -$31,000 + $17,500 = -$13,500
Year 2: -$13,500 + $14,000 = $500
Year 3: $500 + $4,000 = $4,500
The payback period for Project A is 2 years since it takes until the end of Year 2 to recover the initial investment.
For Project B:
The initial investment is -$34,000, and the positive cash flows occur at the end of Year 1, Year 2, and Year 3. The cumulative cash flows are as follows:
Year 1: -$34,000 + $18,500 = -$15,500
Year 2: -$15,500 + $12,500 = -$3,000
Year 3: -$3,000 + $14,000 = $11,000
The payback period for Project B is 2 years since it takes until the end of Year 2 to recover the initial investment.
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A publicly traded construction company reported that it just paid off a loan that it received 1 year earlier. If the total amount of money the company paid was $1.5 million and the interest rate on the loan was 10% per year, how much money did the company borrow 1 year ago
Answer:
$1,363,636.36
Explanation:
A public traded construction company just paid off a loan that was received one year earlier
The amount of money paid by the company was $1,500,000
The interest rate was 10% per year
= 10/100
= 0.10
Therefore the amount of money that was borrowed last year can be calculated as follows
Let x represent the amount of money borrowed
x + x(0.10)= 1,500,000
x + 0.10x= 1,500,000
1.1x= 1,500,000
x= 1,500,000/1.1
x= $1,363,636.36
Hence the company borrowed $1,363,636.36 a year ago
Year 1 2 3 4 5 Free Cash Flow $22 million $26 million $29 million $30 million $32 million General Industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of % per year. If the weighted average cost of capital is % and General Industries has cash of million, debt of million, and 80 million shares outstanding, what is General Industries' expected current share price?
Answer:
$7.78
Explanation:
Calculation to determine what is General Industriesʹ expected current share price
First step is to calculate the FCF6
FCF6 = $32 million × (1 + 0.05)
FCF6= $33.6 million
Second step is to calculate the V5
V5 = $33.6 million / (0.09 - 0.05)
V5= $840 million
Third step is to calculate V0 using financial calculator
V0 = 652.45 million
Now let calculate expected current share price
P0 = $(652.45 + 15 - 45) million / 80 million
P0 = $7.78
Therefore General Industriesʹ expected current share price is $7.78
Trimble Graphic Design receives $1,500 from a client billed in a previous month for services provided.
Which of the following general journal entries will Trimble Graphic Design make to record this transaction?
a. Cash 1,500
Accounts Receivable 1,500
b. Cash 1,500
Unearned Design Revenue 1,500
c. Accounts Receivable 1,500
Unearned Design Revenue 1,500
d. Cash 1,500
Design Revenue 1,500
e. Accounts Receivable 1,500
Cash 1,500
Answer:
A
Explanation:
Debit Cash 2,200; Credit Accounts Receivable 2,200
LENGAGE |
1
MINDTAP
y It-Ch. 14 Assignment
2.
3.
O
Cindy Jo's Hair Salon is concerned about its rising costs of supplies, energy, and labor, so it is considering investing in better equipment, which
hopefully will reduce the time required to perform most hairstyles as well as result in better perceived quality by its customers. It predicts that
the added investment will increase output levels as well as reduce energy costs, since some of the new equipment (hair dryers) use less
electricity.
Inputs and Outputs
Hairstyles per week
Labor costs per week
Energy costs per week
Material costs week
Capital investment
Productivity
Current (this year)
Current (this year)
290
$950
$390
$360
50
Using the given information, determine the current and expected single-factor and total productivity measures. Do not round intermediate
calculations. Round your answers to three decimal places.
haircuts/dollar
haircuts/dollar
haircuts/dollar
haircuts/dollar
Q Search this course
>
Expected (next year)
360
$990
$335
$395
$13,000
Expected (next year)
haircuts/dollar
haircuts/dollar
haircuts/dollar
haircuts/dollar
Labor
Energy
Material
Total
What is the percentage change in total productivity? Do not round intermediate calculations. Round your answer to two decimal places.
Check My Work
The percentage change in total productivity 1. %increase = 13.3%
2. a. Increase = 11.5%
b. Increase = 37%
c. Increase = 10.8%
How to calculate Current and Expected year?
Productivity = total output/ total input
Productivity = weekly hairstyle/ (weekly labor cost + weekly energy cost + weekly material cost)
1. Current productivity:
Productivity = $0.15 per hairstyle
Expected productivity:
Productivity = 300/(1010+350+325)
Productivity = $0.17 per hairstyle
% increase = ($0.17/0.15) -1
%increase = 13.3%
2. a. labor productivity
productivity =total output/total input
current productivity = 250/960
current productivity = $0.26 per hair style
Expected productivity = 300/1010
Expected productivity = $0.29 per hair style
Increase = (0.29/0.26) -1
Increase = 11.5%
b. energy productivity
current productivity = 250/400
current productivity = $ 0.62 per hairstyle
expected productivity = 300/$350
Expected productivity = $0.85 per hairstyle
Increase =(0.85/0.62)-1
Increase = 37%
c. material productivity
current productivity = 250/300
current productivity = $0.83 per hair style
expected productivity = 300/$325
Expected productivity = $0.92 per hairstyle
Increase = (0.92/0.83)-1
Increase = 10.8%
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with relavant examples discuss the intangible business property that is protected by law and which an entrepreneur should consider when starting up a business
Answer:
One example of intangible business property protected by law and which an entrepreneur should consider when starting up a business is a trademark. A trademark is a recognizable symbol, phrase, or word that can be used to distinguish a specific product or business from other similar products or businesses. Trademarks are legally registered and cannot be used by any other person or business. Trademarks with copyrights, and patents are generally classified as intellectual property. These intangible assets are individually created and legally protected from infringement or theft.
Explanation:
Intangible business property can include any non-physical asset that possesses some commercial value. Some relevant examples of intangible business property or assets include patents, copyrights, life insurance contracts, securities investments, and partnership interests.
Each of the four independent situations below describes a sales-type lease in which annual lease payments of $190,000 are payable at the beginning of each year. Each is a finance lease for the lessee. Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Situation 1 2 3 4 Lease term (years) 7 7 8 8 Lessor's and lessee's interest rate 10% 12% 11% 11% Residual value: Estimated fair value $ 0 $ 68,000 $ 9,800 $ 68,000 Guaranteed by lessee $ 0 $ 0 $ 9,800 $ 78,000
At a rate of 11%, the present value of a 12-year annuity is 7.2065. The lease ability is $620,000, and the annual lease payments are $86,033.44.
What are the lease payments each year?The total amount of lease payments due for each 12-month period beginning on August 1 is referred to as the annual lease payment.
The following data are used to determine the annual payments.
The leased asset's fair value is $620,000; the lease term is 12 years; the lessor's rate of return is 11 percent. As a result, the formula yields the present value of an annuity due in 12 years at a rate of 11 percent, which is 7.2065.
The lease ability is calculated by multiplying the annual rent payment by the present value of the due annuity.
Thus, the rent payment for the year is the same as the one we calculated earlier.
Therefore, the lease ability equals $620,000 and is equal to $86,033.44 divided by 7.2065.
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2.2 List any TWO characteristics of public goods.
Answer:
non-excludable and Non-rivalrous
Once her teams goals were set Alyssa asked each team member to come up with a(n)____ to reach her goals.
Once her team's goals were set Alyssa asked each team member to come up with a(n) action plan to reach her goals.
What is an Action Plan?This refers to the document that shows the list of steps that should be taken by a person in order to achieve or actualize their goals in a methodical manner.
Hence, we can see that based on the fact that the team goals have been set, Alyssa asked her team to form an action plan which was to help them achieve her goals and shows the list of actions and steps to be taken.
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Which of the follow is NOT an interpersonal influence in the consumer decision
process?
A. Society
B. Family
C. Time
D. Culture
Family is not an interpersonal influence in the consumer decision
process.
Consumer decision process refers to the process by which consumers identify their needs and use information gather therein to evaluate their purchase.
Most notable interpersonal influence for making these decision include age, occupation, lifestyle, social status, economic status, gender of the consumer and etc.The society, time of the season and culture of the consumer all acts as influence in decision process.In conclusion, the family of the consumer does not acts as an interpersonal influence in the consumer decision process.
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2. In what ways were social media effective in promoting The Exchange brand? Which media led to the highest increase in sales and inquiries? Why?
social can be an effective tool for promoting a brand, as it allows for targeted advertising and engagement with potential customers. In the case of The Exchange, likely played a significant role in promoting the brand and driving sales and inquiries.
One way in which social may have been effective for The Exchange is by allowing the company to reach a wide audience at a relatively low cost. By creating and sharing content on platforms such as , , and , The Exchange could potentially reach thousands or even millions of people without spending large amounts on traditional advertising.Additionally, social media provides opportunities for engagement and interaction with potential customers. By responding to comments and messages, The Exchange could build relationships with customers and create a sense of community around the brand.It is difficult to determine which specific social platform led to the highest increase in sales and inquiries without more information.
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2. Your firm invested $2,506,900 in 230-day commercial paper today. At the end of the investment period (in 230 days) the firm will receive $2,596,100.
a. What is the 230-day holding period rate of return on the investment?
b. How many 230-day periods are there in one year?
c. What is the annual percentage rate APR earned on the investment? d. What is the effective annual rate (EAR)?
a. The 230-day holding period rate of return on the investment is 3.66%. This is calculated by subtracting the initial investment ($2,506,900) from the return on the investment ($2,596,100), and then dividing by the initial investment ($2,506,900).
What is initial investment?Initial investment is the amount of money that is required to launch a business or other venture. It is often used to cover the cost of purchasing or leasing equipment, hiring staff, and obtaining materials for production. In addition, it is also used to cover the cost of marketing and advertising, as well as other expenses related to starting a business.
b. There are approximately 1.6 230-day periods in one year. To calculate this, divide 365 (the number of days in one year) by 230 (the number of days in the holding period).
c. The annual percentage rate (APR) earned on the investment is 5.86%. This is calculated by taking the 230-day holding period rate of return (3.66%) and multiplying it by the number of 230-day periods in one year (1.6).
d. The effective annual rate (EAR) for the investment is 6.08%. This is calculated by taking the APR (5.86%) and adjusting it for compounding.
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Consider the supply and demand tables for milk. Draw the supply and demand curves for this market. Milk Market Price ($) Quantity (gallons) 0 10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Supply Demand Price of One GallonQuantity SuppliedQuantity Demanded $120150 $240110 $47070 $610050 $1012020 The equilibrium price is and the quilbrium quantity is gallons of milk. At a price of $1, there is a and the price will At a price of $10, there is a and the price will
The equilibrium price is $4 and the equilibrium quantity is 70 gallons of milk. At a price of $1, there is a shortage and the price will increase. At a price of $10, there is a surplus and the price will fall.
What is the equilibrium?
Equilibrium is the point where the quantity demanded equal quantity supplied. On a graph, equilibrium is the point where the demand curve crosses the supply curve.
The price at equilibrium point is known as equilibrium price and the quantity is known as equilibrium quantity. Above equilibrium, quantity supplied exceeds quantity demanded and there is a surplus. Below equilibrium, quantity demanded exceeds quantity supplied and there is a shortage.
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Think of a product you buy that is differentiated through quality. Do you believe the manufacturer's strategy to differentiate this product through quality is sustainable, or will the manufacturer eventually have to find other ways to attract you to the product? Explain your answer and include the product/manufacturer in your response.
Answer:
What the manufacturers try to do for it to look and feel high quality is a nice and good quality package like the iPhone boxes that feel nice when you have it in hand and looks nice too for you to think the iPhone is better and more supreme because the the box is good quality
Explanation:
what is your analysis on walmart financial health as of january 2021 compare to 2022
QUESTION 8 of 10: You are counting your competitors in town. This number is a(n):
a) Irrational number
b) Integer
c)Imaginary number
d) None of the above
Answer:B; Integer
Explanation:Integer is like a whole number(1,2,3,4, etc) it cannot be decimals. Since there can’t be 2.5 people, the answer is B- Integers
While counting the competitors in town, integers will be used. This number is an integer because the counting of people can never be done in an irrational or integer form. Therefore, B is the correct option.
What is an integer?An integer is a whole number in itself. An integer can be zero, a negative digit, or a positive digit as well. The examples of integers are 1,2,3,4,5,0, -1,-2, -3, -4, -5 and so on.
The irrational numbers or integers cant be used for counting or measuring human beings whether the integers can be used to so. Integers are used in various ways in our daily life. Such as measuring temperatures and our money on debit cards and credit cards.
Integers will be utilized to count the local rivals. Since counting persons can never be done in an irrational or integer form, this quantity is an integer. B is therefore the best choice.
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The point where the sales line and the total costs line intersect on the cost-volume-profit chart represents the: a.maximum possible operating loss. b.point that total sales equals total costs. c.total fixed costs. d.maximum possible operating income.
Answer: b.point that total sales equals total costs
Explanation:
The Cost-Volume-Profit chart shows the relationship between total costs, volume of goods produced, sales and profit. This chart is very useful as it can show the effect that a change in one variable can have on the others.
The point where the sales line and the total costs line intersect is the point where total sales equal total costs. This point is the break-even point and after this point the company begins to make profits but before this point, the company is making losses.
These costumers can take a long time to make a purchase decision, and might return to a retailer several times before making a purchase. a. Innovation/trend buyers b.Impulse buyers c.Recreational shoppers d.comparison shoppers
Answer:
d.comparison shoppers
Explanation:
Comparison shoppers refers to the type of costumers who like to investigate each products that they buy into the smallest details. They want to make sure that they get the most economic benefit by choosing the best products with the most reasonable price range.
Typically, this type of costumers do not have a loyalty toward a certain brand. All they want is value. Before making a purchase they tend to conduct a through research that make their decision making process become a little bit longer compared to other customers.
7 reasons why businesses should be aware of the political legal environment
Answer:
7 reasons why businesses should be aware of the political legal environment are as follows:
1- Businesses do not cease to be part of a much larger environment, which is the nation as a whole, with which what happens in it will affect business to a greater or lesser extent.
2- Many times, the political interests of certain sectors can favor or harm certain businesses, with which businessmen must be attentive to those interests.
3- Politicians are the ones who give confidence in the country to foreign investors, with which their policies can increase or restrict competition from local investors.
4- The generation of employment that arises from a favorable political and legal environment means that businesses have the necessary workforce to maximize their production.
5- The political and economic stability allows the reinvestment of the profits of the entrepreneurs and their businesses.
6- The existence of productive development plans and other subsidies to productive companies can be used by businesses as a government aid to maximize their production.
7- In short, the stability of the nation will make it easier for businesses to prosper, while political stability usually entails economic stability.
The managing activity of organizing
A). determines groups and assigns work activities
B). determines goals, strategies, and tactics
C). compares expected performances with actual performances
D). plans and monitors strategy implementation
Answer:
A). determines groups and assigns work activities
Explanation:
Organizing is the function of management that allows development of an organizational structure and allocate the work activities to ensure the completion of objectives.
The managing activity of organizing determines the groups suitable for the objective and the assign task or work on the basis of skills and other parameters to the groups.
Hence, the correct answer is "A)".
Why consumer is important in economy?; How is the economy affected by wise consumers?; How does consumer demand affect a company's ability to make profit?; What is the consumer demand?
Suppose that Markus Braun was trying to decide where he should open businesses next. He wants to make a rational decision. What should be his first step in making that decision?
a . Define the problem.
b. Generate alternative courses of action.
c, dentify criteria for judging the decision.
d. Compute the optimal decision.
Markus Braun's first step in making a rational decision is a. Define the problem.
The definition of the problem of where to open businesses will enable Markus to:
Establish critical decision criteria that will be used to adjudge the different choices.Ascertain and evaluate the optimal locations that will meet his investment requirements.
Six decision-making processes identified for achieving satisfactory outcomes include:
Step 1 is the Identification of the Problem Step 2 is the Establishment of the Decision Criteria Step 3 is the Weighing of the Decision Criteria Step 4 is the Generation or Identification of Alternatives Step 5 is the Evaluation of Alternatives Step 6 is the Selection of the Best Alternative
Thus, wherever these processes are followed, the probability of achieving favorable outcomes become higher.
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As an agent of a broker-dealer, you receive a letter from a customer stating that he is unhappy with the performance in his account. All of the securities in the account have markedly declined in value. You decide to ignore the letter because you think that his specific portfolio of securities will achieve a positive return by year-end. Which statement is TRUE?
The action taken is prohibited as all written complaints regarding portfolios must be forwarded to the manager of the firm for resolution.
An assortment of financial assets, such as securities, bonds, commodities, cash, and cash equivalents such closed-end funds and exchange-traded funds, make up a portfolio (ETFs). The majority of people believe that cash, bonds, and stocks make up the cornerstone of a portfolio. Even while it happens rather regularly, it need not always be the case. A portfolio may contain a variety of assets, including real estate, fine art, and unlisted investments.
One of the cornerstones of portfolio management is the wisdom of diversification, which simply means not placing all of your eggs in one basket. Diversification seeks to reduce risk by dispersing assets among various financial instruments, industries, and other categories. It aims to maximize returns by investing in a variety of industries that would all react differently to the same circumstance. There are many strategies for diversification.
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