A. The total mixed cost is the sum of the total fixed cost and the variable cost per unit multiplied by the number of units.
The concepts of mixed costs in cost accounting are important to every business. An expense conduct represents both the proper expenses and variable costs caused during the creation interaction.
What is an example of a mixed cost?For instance, if a company pays $10,000 per month for its office space and $500 per month for its utilities, their total monthly expenditure would be $10,500. Rent would be the fixed cost in this scenario, while utilities would be the variable cost. The total cost would consist of them all.
What is a combined cost?A blended expense is an expense that contains both a proper expense part and a variable expense part. In order to predict how costs will change with various levels of activity, it is essential to comprehend the mix of these costs' components.
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How do you solve this
From the graph given, the Tax revenue produced for the government is not given in the option hence the correction option is "None of the Above" (Option F). See the explanation below.
What is the justification for the above answer?
Reference the attached Image.
From the graph presented, we know that the tax imposed by the government on the system is going to be the same as the section labelled AB.
Hence, the tax amount can be derived by executing the mathematical operation that states:
18 - 8
= $10
Hence, the tax imposed by the government is equal to $10.
It is to be noted that at this tax rate, the quantity demanded is 60
Note that the formula for calculating Tax Revenue is given as:
Tax Revenue = Tax Amount x Total Quantity
= 10 x 60
= $600
Hence, because this value is not given among the options presented, the correct answer according to the question is thus, "None of the Above" (Option F)
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How Big Bazaar retail store would retain it's business in today's competitive world among retail firms?
Answer:
The assignment is based on' the effective marketing strategy which influences customer to purchase a product of Big Bazaar' helps to understand the effect of marketing strategy which is responsible for attracting customer towards big bazaar.
The research was carried out as per the steps of Marketing Research. The well supportive objectives were set for the study. To meet the objectives primary research was undertaken. The data collection approach adopted was experimental research.
Moki Hunt recently purchased Swift Waters Adventures, a kayaking and canoeing rental business near the Salt River in Arizona. Swift Waters Adventures had been in operation for five years and was located in an ideal area. Even though the winters in the area can be cold, kayaking and canoeing activities are generally popular year-round. After two months of operation, it became clear why the previous owners had sold the business. While the business appeared to be ideally located, sales were extremely disappointing.
Before administering the questionnaire, Moki discovered through talking to other sports rental businesses that, although retired males made up a small percentage of the area's population, they often rented kayaks and canoes. In light of this, Moki decided to include a minimum of 25 percent retired males in his sample. The final choice of respondents was left up to the interviewers. This sampling method is known as ____ sampling.
a. quota
b. stratified
c. random
d. representative
e. area
Answer:
a. quota
Explanation:
Quota sampling can be described as a non-probability sampling method whereby a specific attribute possessed by respondents are looked for by the researchers, and then a tailored sample which represents a proportion or percentage of the population of interest is taken.
Therefore, the decision by Moki to include a minimum of 25 percent retired males in his sample is an example of quota sampling.
conversion costs do not include which of the following costs?
a. Direct Materials
b. Direct labor
c. production
d. all of the above
Answer:
I am pretty sure the answer is A) direct materials
Explanation:
Conversion cost equals direct labour plus manufacturing overhead
Use the drop-down menu to select the education or qualification best demonstrated in each example.
Stella is an Industrial Safety and Health Engineer with a four-year college degree in Engineering.
Yvette thinks of ways to solve environmental problems caused by a manufacturing facility.
Wendell interviews people and reviews records to learn about a manufacturing process.
Desmond analyzes how a manufacturing process affects the environment.
Stella's education or qualification: Four-year college degree in Engineering.
Yvette's education or qualification: Environmental Science or related field.
Wendell's education or qualification: Industrial Engineering or related field.
Desmond's education or qualification: Environmental Engineering or related field.
Stella's education in Industrial Safety and Health Engineering demonstrates her expertise in identifying and reducing workplace hazards, ensuring compliance with safety regulations, and promoting the health and well-being of employees in industrial settings.
Yvette's focus on solving environmental problems caused by a manufacturing facility indicates a background in Environmental Science or a related field, which involves understanding the impact of human activities on the natural environment and developing strategies to mitigate negative effects.
Wendell's work in interviewing people and reviewing records to learn about a manufacturing process suggests a background in Industrial Engineering or a related field, which involves optimizing the efficiency and productivity of industrial processes while minimizing waste and maximizing resource utilization.
Desmond's work in analyzing how a manufacturing process affects the environment requires a deep understanding of Environmental Engineering or a related field, which involves designing and implementing solutions to minimize the environmental impact of human activities and promote sustainable development.
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Stella graduated from a four-year institution with an engineering degree. Education or training held by Yvette: Environmental Science or a similar subject. Wendell has a degree in industrial engineering or a closely connected discipline.
Use the drop-down menu to select the education or qualification best demonstrated in each example.Desmond has a degree in environmental engineering or a closely connected discipline. Due to Stella's training in industrial safety and health engineering, it is clear that she is skilled at spotting and mitigating workplace risks, ensuring that safety rules are followed, and advancing the health and wellbeing of workers in workplaces. Wendell's work in gathering information about a manufacturing process through interviews and record reviews points to a background in industrial engineering or a related field. Industrial engineering entails enhancing the effectiveness and productivity of industrial processes while reducing waste and maximising resource utilisation.
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Assignment
write a letter of Complain about
your dissatisfaction on the product
you consume
Answer:
Explanation:
[Your Address]
[Your City, State, Zip Code]
[Date]
[Name of Contact Person]
[Title]
[Company Name]
[Street Address]
[City, State, Zip Code]
Dear [Contact Person]:
On [date], I bought [or had repaired] a [name of the product with the serial or model number or service performed]. I made this purchase at [location, date, and other important details of the transaction].
Unfortunately, your product has not performed well [or the service was inadequate] because [state the problem].
To resolve the problem, I would appreciate your [state the specific action you want]. Enclosed are copies [copies, not originals] of my records [receipts, guarantees, warranties, cancelled checks, contracts, model and serial numbers, and any other documents] concerning this purchase/repair.
I look forward to your reply and a resolution to my problem. I will wait [set a time limit] before seeking third-party assistance. Please contact me at the above address or by phone [home or office numbers with area codes].
Sincerely,
[Your Name]
[Account Number]
Explain the meaning of environmental scanning. Illustrate with examples the
relevance of technological, political, economic, social, and regulatory environments
in the context of marketing strategy. How managers are involved in environmental
scanning?
Environmental scanning refers to the process of gathering and analyzing information about the external factors that can impact an organization's business environment.
Technological factors include advancements in technology, such as the rise of e-commerce, mobile applications, or automation, which can create new marketing channels or change consumer behaviors.
Political factors encompass government policies, regulations, and political stability that can impact marketing strategies. For example, changes in trade policies or regulations related to data privacy can influence international marketing activities.
Economic factors include economic conditions, such as inflation rates, exchange rates, or consumer purchasing power, which can affect consumer behavior and demand for products or services.
Social factors refer to societal trends, cultural norms, and consumer preferences that can influence marketing strategies. For instance, shifts in consumer values towards sustainability or increased focus on health and wellness can shape product development and advertising campaigns.
Regulatory factors involve laws and regulations that organizations must comply with, such as consumer protection laws or industry-specific regulations. These can impact marketing activities, advertising content, or product labeling.
Managers play a crucial role in environmental scanning. They are responsible for monitoring and analyzing the external environment, identifying relevant trends and potential opportunities, and making informed decisions based on the insights gained.
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Amy currently volunteers at her local hospital. She would like to one day
become a doctor. What is the best type of student organization for Amy to
join?
A. One that has a focus on community service
B. One that has a focus on technology careers
c. One that has a focus on health care careers
• D. One that has a focus on building marketing skills
Option C, which refers to One with a focus on careers in healthcare, is entirely accurate.
What are the benefits of health care?efforts made, especially by trained and licenced professionals, to maintain or restore one's physical, mental, or emotional well-being. used with a hyphen when being attributed. healthcare professionals.
When provided effectively, health care is generally regarded as a key factor in promoting the overall physical, mental, and social well-being of people around the world and can play a significant role in a nation's economy, development, and industrialization.
The phrase "healthcare process" was defined as "the order of steps we frequently take when giving treatment to patients who belong to various defined groups.
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How effective is it to conduct the interview no questions asked?
Asking suitable questions during the interview allows promotes fantastic communication and gives each applicant and the employer a chance to get to recognize one another higher. The questions you choose to invite can assist determine the fulfillment level of your interview. cause them to matter.
Interviewing is a crucial step inside the worker choice technique. If performed successfully, the interview allows the corporation to decide if an applicant's abilities, leisure, and individual meet the activity's necessities.
Conducting an effective interview, not handiest lets you in your hiring choice, however, it additionally lets the candidate determine if the venture is first-rate in shape for them. To conduct a powerful interview, you need to stay organized and communicative to a few degrees in the entire approach.
Asking some thoughtful questions at the quit of your interview is a simple way to expose your enthusiasm for the activity. locating inquiries to ask your interviewer is a critical part of getting ready for any pastime interview. Asking questions is a simple way to reveal what you're absolutely interested in the location and the organization.
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Which of the following is an example of nonverbal communication?
Answer:
Some examples of Nonverbal: Facial expressions. The human face is extremely expressive, able to convey countless emotions without saying a word, Body movement and posture, Gestures, Eye contact, Touch, Space, Voice, Pay attention to inconsistencies.
Explanation:
Nonverbal communication refers to gestures, facial expressions, tone of voice, eye contact (or lack thereof), body language, posture, and other ways people can communicate without using language.
Answer: INCOMPLETE QUESTION
Which of the following is an example of effective nonverbal communication?
A. Remaining close to the person's face when relaying a message.
B. Using a chart to point to text and images.
C. Avoiding facial expressions like frowning or nodding.
D. Paying attention to what's going on in the room.
The answer is B for A-P-E-X users.
a doctor works in a....
Answer:
Clinic or Hospital
Explanation:
:)
Assume there are six companies in a certain industry. Four companies have $10 sales apiece, while two companies have $5 sales each. What is the industry's four-firm concentration ratio?
Answer:
An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600, respectively. a. What is the industry's four firm concentration ratio? b. What is the industry's Herfindahl-Hirschman index? c. Is this industry highly concentrated? Explain.
Explanation:
Corona Industries purchased a stamping machine on January 2, 20X1, for $100,000. It made an initial payment of $20,000 and financed the balance over 5 years at State Bank. The loan terms were for annual payments of $16,000 plus 10% interest, payable on December 31 each year. The year 20X4 proves to be a difficult year and on December 1, 20X4 Corona negotiates a debt restructuring with State Bank. The settlement calls for cash payment of accrued interest plus $4,000 on December 1 and the transfer of 200 acres of land held by Corona that cost $15,000. The land has a current fair value of $22,000. Which one of the following entries will Corona make to adjust for the land just prior to transfer?
a. DR Loss on disposal of asset $7,000 CR Land $7,000
b. DR Land $7,000 CR Gain on disposal of asset $7,000
c. DR Note payable—State Bank $7,000 CR Gain on disposal of asset $7,000
d. DR Land $7,000 CR Note payable—State Bank $7,000
Answer:
(a) DR Loss on disposal of asset $7,000 CR Land $7,000
The correct option is A). DR Loss on disposal of asset $7,000 and CR Land $7,000
What is journal entry? What are the debit and credit?A journal entry is the process of recording a business transaction in the accounting records of a business.
Debits are always on the left side of the entry, which shows an increase in assets or decrease in liabilities.
Credits are always on the right side, which depicts that there is a decrease in assets or an increase in liabilities.
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Which of these are long-term impacts of having a good credit history?
The lowest interest rates and costs for new loans and lines of credit are more likely to be available to you if you have a high credit score, and if you're looking for a mortgage, you may be able to save up to 1% in interest.
You have good credit if your credit score is high. You have terrible credit if your credit score is low. Scores for various businesses vary. Low scores are in the 300 range.
You are more likely to get approved for loans with the best terms, such as lower interest rates, larger loan amounts, and possibly fewer fees, the higher your credit score.
Your financial life depends heavily on your credit score. It is necessary for less obvious things like signing up for cellular phone service, renting a car, and possibly even landing a job, in addition to the more obvious ones like getting approved for a loan or credit card.
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[The following information applies to the questions displayed below.]
The following financial statement information is from five separate companies.
Company A Company B Company C Company D Company E
December
31, 2018
Assets $ 44,000 $ 34,320 $ 28,160 $ 78,320 $ 120,120
Liabilities 36,080 24,024 15,206 54,040 ?
December
31, 2019
Assets 49,000 35,280 ? 89,180 135,240
Liabilities ? 23,990 16,086 42,806 106,839
During
year 2019
Stock
issuances 6,000 1,400 9,750 ? 6,500
Net income
(loss) 11,630 ? 7,900 15,094 8,877
Cash
dividends 3,500 2,000 5,875 0 11,000
Compute the amount of assets for Company C on December 31, 2019. (Enter losses amount with a minus sign, wherever required.)
Answer:
= $40,815
Explanation:
For computing the assets first determine the equity for the year 2018 which is shown below:
Equity is
= Total assets - total liabilities
= $28,160 - $15,206
= $12,954
Now the total assets for the year 2019 is
= total liabilities + total equity
= $16,086 + $12,954 + $9750 + $7,900 - $5,875
= $16,086 + $24,729
= $40,815
How does techonology contribute the development of our economy?
Answer:
it's very important question because ppl focuses on investment they no think its profit or not people also contribute in theory which make advance machinery and helps to go rich the society
In economics, it is widely accepted that technology is the key driver of economic growth of countries, regions and cities. Technological progress allows for the more efficient production of more and better goods and services, which is what prosperity depends on.
purchase day book contains what
Answer:
??????????????????/
Explanation:
Answer:
hold up what did you just say
Explanation:
Which of the following BEST describes a conflict of interest? O A. Two companies competing for the business of the same customer B. Parties engaging in an activity that does not equally benefit all parties C. An employee engaging in an activity that may benefit that individual to the detrimen O D. People on different sides of an issue agreeing to disagree O E. A company engaging in practices that conflict with government regulations Click to select your answer.
The statement that best describes conflict of interest is - An employee engaging in an activity that may benefit that individual to the detriment of his employer or clients of the firm
Conflict of interest arises when the interest of an employee is not aligned with the interest of his/her employer or clients.
For example, an employer might decide to take a project even though it is not profitable because if the project is undertaken it would increase the prestige of the employee. This project would be benefit the employee but not the employer.
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Why would a winning scratch off ticket come back.as.invalid after you won?
There could be several reasons why a winning scratch-off ticket might be declared invalid. Some possible reasons include:
altered or damaged ticketillegal purchasea counterfeiterror in distributionHow could these reasons bring about an invalid ticket?The following demonstrate how a ticket could be invalid after winning:
1. The ticket was damaged or altered in some way, making it difficult for the lottery machine to read it correctly.
2. The ticket was purchased illegally, and therefore is not valid for redemption.
3. The ticket was a counterfeit, and therefore is not a legitimate winning ticket.
4. There was an error in the printing or distribution of the ticket, which resulted in it being declared invalid.
If you believe that you have a winning ticket that has been declared invalid, you should contact the lottery office for more information. They may be able to provide you with more information about why your ticket was declared invalid, and what steps you can take to resolve the issue.
Therefore, the correct answers are as given above
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When customers around the world are willing to buy the same kind of product, or slight variations thereof, managers are more likely to pursue a __________________ structure. market customer global geographic global transitional global product
Answer:
Global product structure.
Explanation:
When customers around the world are willing to buy the same product, or products that are very similar, the managers will pursue a global product structure: that is to say, a product that is essentially appropriate for the world market, with only slight variations depending on the geographical locations or target segment of the market.
A company wants to use the allowance method to account for bad debts. You are assigned to explain to the company the different methods it can use to estimate bad debts.
By debiting the allowance for doubtful accounts (ADA) and crediting the accounts receivable, the allowance method records the uncollectible and written-off amounts. The ADA is subtracted from the accounts receivable to arrive at the net realizable value (NRV).
What is net realizable value?A valuation approach called net realizable value (NRV), which is popular in inventory accounting, takes into consideration the total amount of money an asset can bring in from sales less an estimate of the charges, fees, and taxes related to that sale or disposal.
NRV is calculated as expected selling price minus total manufacturing and selling expenses. Use $35 for the value and the projected selling price, for instance, if a business lists things for $50 but anticipates that they will only sell for a discount of $35.
The cash sum that a corporation anticipates receiving is known as net realizable value (NRV). Consequently, net realizable value is also known as cash realizable value. The terms "net realizable value" and "current assets" are frequently used in relation to inventory and accounts receivable.
Inventory should be recorded at the lower of its cost or the amount at which it can be sold, according to the lower of cost or net realizable value principle.
The predicted selling price of an item less the costs associated with its completion, sale, and transportation is its net realizable value.
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What is the price today (in dollars and cents) of a 20-year zero coupon bond if the required rate of return is 6.95%. The bond face value is $1000. $ Place your answer in dollars and cents. You should set your calculator for at least four decimal places of accuracy. I'll remind you of this from time to time but this is a working rule throughout the semester. Do not include a dollar sign or comma in your answer. This is another rule that I'll remind you of but should be a working rule throughout the semester.
Answer:
Bond Price - Zero Coupon Bond = 260.8460 rounded off to 260.85
Explanation:
A zero coupon bond is a kind of bond which pays no periodic interest of coupon payments. Instead it is offered at a discount and it pays the par/face value at maturity. The difference between the par/face value and the issue price is the interest rate which is embedded in price of the bond. Thus, the formula to calculate the price of a zero coupon bond is as follows,
Bond Price - Zero Coupon Bond = Face Value / (1+r)^n
Where,
r is the required rate of returnn is the number of periods till maturityBond Price - Zero Coupon Bond = 1000 / (1+0.0695)^20
Bond Price - Zero Coupon Bond = 260.8460 rounded off to 260.85
Foxx Corporation acquired all of Greenburg Company's outstanding stock on January 1, 2019. for $600.000 cash. Greenburg's accounting records showed net assets on that date of \$470,000 , although equipment with a 10-year remaining life was undervalued on the records by \$90,000 . Any recognized goodwill is considered to have an indefinite life Greenburg reports net income in 2019 of \$90,00 and 5100,000 in 2020. The subsidiary declared dividends of \$20,000 in each of these two years Account balances for the year ending December 31, 2021, follow. Credit balances are indicated by parentheses. Revenues Cost of goods sold Depreciation expense Investment Income net income Metained earnings, 1/1/21 Net income Dividends declared Retained earnings, 12/31/21 Current senate Investment in subsidiary Equipment (net) Buildings (net Land Total assets Liabilities Common stock hantering Total liabilities and equity Greenbure (00,000) S (600.000) 100.000 300.000 120.000 150.000 350.000 (420.000) (100,000) \$(1,100,000) (420,000) 120.000 3(1,400,000) 5 320,000) (100,000) 20.000 (400,000) 300.000 300.000 400.000 3,2~00,000 $ 1,200,000 100.000 $ 900,000) 5 (500,000) 900.000 (300,000) 1.400.000 (400,000) 50.200.000 1~(1,200,000) a. Determine the December 31, 2021 consolidated balance for each of the following accounts: nces
Question Completion:
Foxx Corporation acquired all of Greenburg Company's outstanding stock on January 1, 2019. for $600.000 cash. Greenburg's accounting records showed net assets on that date of $470,000 , although equipment with a 10-year remaining life was undervalued on the records by \$90,000 . Any recognized goodwill is considered to have an indefinite life Greenburg reports net income in 2019 of $90,00 and $100,000 in 2020. The subsidiary declared dividends of $20,000 in each of these two years Account balances for the year ending December 31, 2021, follow.
Foxx Greenburg
Revenues $800,000 $600,000
Cost of goods sold 100,000 150,000
Depreciation expense 300,000 350,000
Investment income 20,000 0
Net income 420,000 100,000
Retained earnings, 1/1/21 1,100,000 320,000
Net income 420,000 100,000
Dividends paid 120,000 20,000
Retained earnings 1,400,000 400,000
Current assets 300,000 100,000
Investment in subsidiary 600,000 0
Equipment 900,000 600,000
Buildings 800,000 400,000
Land 600,000 100,000
Total assets 3,200,000 1,200,000
Liabilities 900,000 500,000
Common stock 900,000 300,000
Retained earnings 1,400,000 400,000
Total liabilities + equity 3,200,000 1,200,000
a. Determine the December 31, 2021 consolidated balance for each of the following accounts:
Depreciation Expense
Dividends paid
Revenue
Equipment
Buildings
Goodwill
Common Stock
Answer:
a. Determination of the December 31, 2021 consolidated balance for each of the following accounts:
Depreciation Expense = $650,000
Dividends paid = $120,000
Revenue = $1,400,000
Equipment = $1,500,000
Buildings = $1,200,000
Goodwill = $40,000
Common Stock = $900,000
Explanation:
Foxx Greenburg Consolidated
Depreciation Expense 300,000 350,000 $650,000
Dividends paid 120,000 20,000 $120,000
Revenues $800,000 $600,000 $1,400,000
Equipment 900,000 600,000 $1,500,000
Buildings 800,000 400,000 $1,200,000
Goodwill 40,000 40,000
Common Stock 900,000 300,000 $900,000
Goodwill:
Investment in Greenburg = $600,000
Net assets of Greenburg = 560,000 ($470,000 + 90,000)
Goodwill acquired = $40,000
Oceanic Company has 15,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:
20Y1 $22,500
20Y2 7,500
20Y3 45,000
Need help understanding this problem!
The dividends per share for the cumulative preferred stock and the common stock is :
20Y1 20Y2 20Y3
Dividend per share:
Preferred Stock $1 $0.50 $1.50
Common Stock $0.15 $0 $0.45
What is dividend per share ?Dividend per share is the sum of declared dividends issued by a company for every ordinary share outstanding . It is calculated by dividing the total dividend by the number of shares in the issue for each class of stock.
However, the dividend is distributed to preferred stockholders first, followed by common stockholders.
In any year where the dividend is insufficient to cover the cumulative preferred stockholders, whatever is left over is distributed to the preferred stockholders, leaving common stockholders with nothing.
If there are sufficient dividends, the cumulative preferred dividend arrears must be settled in addition to the fixed dividend for the year
The dividend per share is calculated as:-
Cumulative Preferred 2% Stock = 15,000 shares
Par value = $50
Value of Cumulative preferred stock, 2% stock = $750,000 (15,000 x $50)
Fixed preferred dividend each year = $15,000
Common Stock = 50,000 shares
Dividend Distribution Preferred Common Stock
20Y1 $22,500 $15,000 $7,500 ($22,500-$15,000)
Dividend per share $1 $0.15 ($7,500/50,000)
20Y2 7,500 $7,500 $0
Dividend per share $0.50 $0
20Y3 45,000 $22,500 $22,500 ($45,000 - $22,500)
Dividend per share $1.50 $0.45
Preferred stock dividend for 20Y3 = $22,500 ($7,500 + $15,000)
Therefore, the dividend per share for Oceanic Company is calculated.
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The areas of academic study are called
Answer:
Academic Focus Areas are related majors that are grouped together because they share a foundation of common course requirements and recommendations. At most institutions, every program of study will fit into one of a limited number (five to seven, generally) of Academic Focus Areas.
An academic discipline or field of study is known as a branch of knowledge.
Explanation:
Answer: Branches of knowledge
Happy to help; have a great day! :)
Explain the effects of low price-guarantee on the price.
Answer:
Low price guarantees have adverse effects on consumer behavior. These strategies can cause consumers to become suspicious of the offer and may avoid making the purchase all together.
Low price guarantee is a policy where the seller offer a price is guaranteed to match or beat any other lower price in the market.
Usually, the low price guarantees does persuade the consumers to make purchase, but, it can also have adverse effects on consumer behavior at times.
The strategy of low price-guarantee on the price of the product can cause the consumers to become suspicious and thus, may lead to a decision to avoid making the purchase.
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How do unions help workers?
They negotiate with employers for workers.
They provide training for workers.
They educate workers’ children.
They evaluate the quality of work being performed.
Answer:
the answer is a
Explanation:
because unions wanted to get better benifits and such
businesses use organisational structure which is based around project but employee stay in their department
An organizational structure based around projects while employees remain in their departments combines the advantages of functional specialization and project-oriented collaboration
Businesses that adopt an organizational structure based around projects while keeping employees in their respective departments often follow a matrix or hybrid organizational structure. This approach allows organizations to leverage the benefits of both functional departments and project teams.
In this structure, employees are grouped into functional departments based on their areas of expertise or skills. These departments, such as finance, marketing, human resources, and operations, provide specialized support and resources to various projects within the organization. Each department is typically led by a department head or manager responsible for overseeing the department's operations and ensuring the delivery of functional objectives.
On the other hand, project teams are formed to address specific business objectives or initiatives. These teams are comprised of individuals from different departments who possess the necessary skills and expertise to achieve project goals. The project teams are usually led by a project manager who is responsible for coordinating activities, managing resources, and ensuring the successful completion of the project within the specified timeline and budget.
By adopting this organizational structure, businesses can maximize efficiency and resource utilization. Employees benefit from the stability and specialization offered by their department, allowing them to develop deep expertise in their functional areas. At the same time, they also have the opportunity to contribute their expertise to cross-functional project teams, enabling them to broaden their skills, collaborate with colleagues from different backgrounds, and gain exposure to diverse projects and challenges.
This structure facilitates better communication and coordination between departments, as project teams act as intermediaries, ensuring that information and resources flow seamlessly between the departments and the projects. Additionally, it encourages a culture of innovation and flexibility, as employees have the opportunity to contribute their unique perspectives and expertise to different projects, fostering a cross-pollination of ideas.
Overall, an organizational structure based around projects while employees remain in their departments combines the advantages of functional specialization and project-oriented collaboration, enabling businesses to efficiently execute projects while maintaining the stability and expertise of functional departments.
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The table shown below includes only one account from Dixon Company’s balance sheet—Retained Earnings. For each of the above transactions, type “No” if it would not affect Retained Earnings. Conversely, if the transaction would affect Retained Earnings, then record the amount of the increase or (decrease) to this account under the “Yes” column. Explain your response for each transaction in the table below.
Based on the transaction given of sales commission paid in cash, Yes it would affect the Retained Earnings.
It would decrease the Retained earnings by $45,000.
What is the effect of sales commission on retained earnings?Sales commissions are payments to salespeople and agents as incentives for being able to sell more of a product or service. They therefore reduce the amount that the company gets from sales.
As a result of sales commissions reducing the money that comes in from sales by $45,000, they will reduce the net income by the same amount as well.
This would therefore decrease the retained earnings by $45,000.
Rest of the question is:
Sales commissions paid in cash, $45,000.
Find out more on retained earnings at https://brainly.com/question/25631040
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How would you change bankruptcy law?
The provisions of Section 706(a) of the Bankruptcy Code permit debtors to convert a Chapter 7 case into a Chapter 13 case. However, the debtor cannot convert if the Chapter 7 case previously was converted from a case filed under a different chapter on request of a creditor, the trustee, or the bankruptcy court.