Answer:
Explanation:
To maximize profit, you would charge $8 for an adult's ticket and $4 for a child?s ticket. Total profit in this case would be $800.
The city council passes a law prohibiting you from charging different prices to different customers.
Now you set a price of $8 for all tickets, resulting in $600 in profit.
Indicate whether each of the following groups of people is better off, worse off, or the same because of the law prohibiting price discrimination.
Groups of People Better Off Worse Off Unchanged
Adults x
Children x
You, the Producer x
Suppose the fixed cost of the play were $2,600 rather than $2,000.
Complete the following sentences indicating how this would change your answers to the previous parts.
In the presence of price discrimination, the adult price of a ticket would remain the same, and the child price would remain the same. Total profit would fall to $200.
If price discrimination were banned and the monopolist continued to produce the play no matter what the profit, the price of a ticket would remain the same, and total profit would fall to $0.
You will be meeting with HP employees to work with them to identify their company resources that are valuable (V), rare (R), and costly to imitate (I) as well as how they are organized (O) to capture the value of the resources. Which of the following could you do in order to capture this information?Check all that apply:A) have a discussion with HP's upper management. B) research patents submitted by HP's product development engineers. C) send a survey to HP employees. D) eat lunch In the cafeteria at HP's headquarters to explore their organic food options.
Answer:
The correct answers are the options A, B and C.
Explanation:
To begin with, if what the person is looking for is to gather information about the company HP, and more especifically about their resources, there are several actions that he can do in order to get all that information. For start, he can have an interview with the upper management in order to ask questions and obtain the preliminary answers to the information he is looking for and later use that info to make a survey good enough to gather more. Once all that is gathered together, what the person can do is to reasearch patents submitted by the company's engineers so in that way he might still increase the amount of info.
5. Agency issued RFQ (request for quote) for a contractor to provide program analysis and strategic support (PASS) to identify
technology, operational support and improvement of programs. The contractor needs an understanding of agency's
technologies, projects, programs, practices, policies and procedures and the ability to promptly respond to challenging and
changing requirements. The RFQ contemplated a single-award under a fixed-price, time-and-material or hybrid task order. The
award would be 1-year base and four 1-year option period with an estimated value of $350M. If you are the Co what
evaluation factor would you include in the RFQ and why? Include both Price and non-price factors and their respective level of
importance and ranking.
Student Success
Center
M. Louis Salmon
Submit Assignment
The evaluation factors, based on their respective rankings (with 1 as the highest and 5 as the least), that the RFQ Committee must include in the RFQ are as follows:
Technical capabilities (to prove the contractor's understanding of the agency's technologies)Vendor experience (to prove the contractor's understanding of the agency's programs, practices, policies, and procedures.)Project approach (to prove the contractor's ability to respond to challenges.)Total contract cost (shows the contractor's understanding of requirements.)Customer's past Turnover (to ensure the contractor's ability to execute the contract.)What are RFQ evaluation factors?RFQ evaluation factors are the criteria that an RFQ committee can use to determine the competing proposals submitted in response to an RFP that would best meet the agency's requirements.
RFQ means Request For Quotation. RFQs are regularly used to determine the contractor that makes the best contract proposal.
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Assume that Thomas can afford to buy as many candy bars and ice cream cones as he wants. He would continue to consume both candy bars and ice cream until the
Answer:
Marginal utility of each becomes negative
Explanation:
Utility is defined as the level of satisfaction that a person gets from consuming a product.
The person keeps on consuming the item until the level of marginal utility for the product becomes less than zero.
That is there is no satisfaction anymore in consuming the product.
In the given instance Thomas will continue to consume both candy bars and ice cream until the level of satisfaction (marginal utility) is now less than zero or negative
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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Imagine you work at a leading department store. Ms. Sanders is a loyal customer
who mainly shops within your department, women's apparel. She is extremely
pleasant and always makes several purchases each visit. Although Ms. Sanders is
considered an easy shopper, she never quite knows what she wants. She's always
interested in everything, from what's new, to what's on sale, to any best sellers!
In two to three sentences, explain how you would give Ms. Sanders, an undecided
customer, the best customer service. (3 points)
Answer:
I would first thank her for being a loyal customer. Then I would ask if she has any favorites in color, brands, fabrics, etc. Moreover, I would make a decision based on all the information she provided for me, then see her opinion on my final decision.
Explanation:
Hope this helped! :D
Which of the following is NOT an example of sales promotion?
Coupons
Telemarketing
Catalogs
Samples
Answer:samples
Explanation:All of the other answers are indeed marketing but samples are just a way of seeing other people views on whatever your giving samples for
Sales promotion basically mean the process of persuading or enticing some targeted potential customer to buy the company product.
Sales promotional activities are designed to be used as a short-term tactic to boost the company sales on a product.
Sales promotion are used as a method of building long term customer relationship and loyalty.
Below are some sales promotion examples used in boosting product awareness in a targeted location
a. Giving Samples and Coupons
b. Direct marketing of product (Telemarketing)
c.Referral discounts.
d. contests and giveaways
In conclusion, Catalogs is not an example of sales promotion
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Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.
Lq =
L =
Wq = hours
W = hours
Pw =
B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.
------ customer per hour
Will the service goal be met? Yes or No
A. Operating characteristics:
Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833
B. Service goal: Not met. Action recommended.
C. Mean service rate: 7.5 customers/hour.
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).
A. To compute the operating characteristics of the customer waiting line:
Arrival rate (λ) = 2.9 customers/hour
Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour
Average number of customers in the queue (Lq):
Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017
Average number of customers in the system (L):
L = λ / (μ - λ) ≈ 0.9377
Average waiting time in the queue (Wq):
Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)
Average waiting time in the system (W):
W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)
Probability of a customer waiting in the queue (Pw):
Pw = λ / μ ≈ 0.4833
B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.
Action recommendation: To meet the service goal, I would recommend taking the following actions:
Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.
Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.
Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.
Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.
C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:
Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour
Will the service goal be met? Yes
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.
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What expectation for ethical behavior and procedures that should be followed?
Ethical behavior and procedures are essential in maintaining integrity and trust in any organization. The expectations for ethical behavior and procedures may vary depending on the specific industry, organization, and jurisdiction.
However, there are some common principles and guidelines that can be followed. Here are a few key expectations:
Compliance with Laws and Regulations: Employees and stakeholders should comply with all applicable laws, regulations, and industry standards. This includes legal and regulatory requirements related to financial reporting, taxation, data protection, workplace safety, and environmental protection.
Honesty and Integrity: Individuals should act with honesty, integrity, and transparency in all their professional interactions. This involves avoiding conflicts of interest, providing accurate and truthful information, and not engaging in fraudulent or deceptive practices.
Confidentiality and Data Protection: Employees should respect the confidentiality of sensitive information, including customer data, trade secrets, and proprietary information. They should follow appropriate procedures to protect data privacy and ensure compliance with data protection laws.
Fair Treatment and Respect: All individuals should be treated fairly and with respect, regardless of their background, race, gender, religion, or other characteristics. Discrimination, harassment, or any form of unfair treatment should not be tolerated.
Ethical Decision-Making: Individuals should make decisions based on ethical considerations, considering the impact on stakeholders and society as a whole. This involves avoiding conflicts of interest, exercising professional judgment, and seeking guidance when faced with ethical dilemmas.
Accountability and Responsibility: Employees should take responsibility for their actions, acknowledge mistakes, and be accountable for the consequences of their decisions. This includes reporting unethical behavior, complying with internal control procedures, and cooperating with internal and external audits.
Social and Environmental Responsibility: Organizations and individuals should consider the broader impact of their actions on society and the environment. This may involve promoting sustainability, minimizing waste and pollution, and supporting social initiatives.
These expectations for ethical behavior and procedures should be communicated clearly to all employees through codes of conduct, ethics training programs, and regular communication from management. It is important to foster a culture of ethics and integrity, where individuals are empowered to raise concerns, report violations, and seek guidance without fear of retaliation.
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In his job, Damon often identifies causes of problems with telecommunication equipment. Which is most likely his employer?
A) a government-run company
B) a local cable company
C) a publishing company
D) a production company
—this question is from edge 2020/2021–
Answer:
B) a local cable company
Explanation:
A local cable company provides communication services using underground cables. Service offed by a cable company includes televisions, internet connectivity, and telephone services. Such a company needs communication equipment to facilitate signal and message transmission.
Damien repairs communication equipment. He probably works for a local cable company.
Reeve has worked as an administrator with employer-sponsored health insurance at Big Company for 10 years and has been diagnosed with a serious heart condition. An offer for a great job at Up and Coming Company with great opportunities for advancement, although it pays slightly less, has been extended to Reeve. Up and Coming has health insurance, but the insurance coverage excludes any preexisting health condition for six months. Reeve says that taking the job at Up and Coming would make continuing health insurance from Big Company unaffordable. Up and Coming wants Reeve to start immediately. What would you advise Reeve to consider?
Answer:
My advice would be for Reeve to take up the job offer at Up and Coming Company and engage in the private health insurance of himself pending when he would be eligible to be enrolled in a sponsored health insurance in his new company.
Explanation:
Select all that apply.
Common writing formats include:
research papers
memos
e-mails
jokes
1. Women are directly fitted for acting as the nurses and teachers of our early childhood by the fact that they are themselves childish, frivolous and short-sighted; in a word, they are big children all their lifelong...." --Arthur Schopenhauer, Studies in Pessimism, "Of Women"
Is this an argument? Explain why this is a problem question, and write a short paragraph justifying your answer
Answer:
this is a problem question because it pushes the stereotype that women are supposed to be nurturing and gentle. The text also uses very problematic language when describing the actions of women calling them childish, frivolous and short-sighted.
This statement by Arthur Schopenhauer is not an argument. The ingredients for making an argument are lacking conspicuously.
An argument proves a claim or thesis with evidence. An argument is usually laid out in a logical pattern. Finally, an argument has a conclusion, which is a product of the logical analysis.What is presented in Arthur Schopenhauer's statement above is simply a questionable conclusion, which is lacking in logical reasoning. It is contestable because many people know the qualities of women, especially when it comes to the giving of healthcare and the education of the child.Women are known for their patience, which is not childish. Women provide so much needed care at home and in institutions, so they cannot be frivolous. Women are rather fore-sighted instead of being described as short-sighted. They do not want to produce results that do not last.Thus, the conclusion of Arthur Schopenhauer is too pessimistic and lacking in merit.
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What are Uber's options in handling California AB5, an attempt to reclassify Uber's drivers as employees? What potential impact would each decision have?
The potential impacts of each decision with regard employee classification include financial costs, legal battles, public perception, and potentially losing market share to competitors who are able to navigate the regulatory landscape more effectively.
What is the explanation for the above response?
Uber's options in handling California AB5 are as follows:
Comply with AB5 and reclassify drivers as employees, which would result in significant increases in labor costs and potential loss of driver flexibility.
Contest AB5 and argue that their drivers are independent contractors, which could lead to legal battles and potentially a negative public image.
Seek a compromise with California lawmakers, such as creating a new worker classification that falls between employee and independent contractor, which could help maintain some flexibility for drivers while also providing certain benefits.
The potential impacts of each decision include financial costs, legal battles, public perception, and potentially losing market share to competitors who are able to navigate the regulatory landscape more effectively.
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Which of the following is an example of smart consumer behavior?
A
seeing an item in a store and buying it on impulse
B
buying an item without researching it first
с
looking up how much an item costs from different stores
D
purchasing an item you know you don't really need
It’s a flocabulary
Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
Persons who use digital authoring tools to reproduce, distribute and sell copyrighted music and movies without permission of the copyright holders are engaging in digital _____.
People who use digital authoring tools to reproduce, distribute and sell copyrighted music and movies without the permission of copyright holders are engaging in digital crime.
What is copyright?It corresponds to the protection of the author of his intellectual work, making it safe to use the financial and moral benefits of his works, such as books, articles and music.
That is, through copyright only the author is allowed to use, sell or grant the use of his work legally.
Therefore, this is a form of protection of the creator's right that also has the function of encouraging the creation of intellectual works.
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For next year, By-Way has projected sales of $435,000, costs of $254,000, depreciation of $35,000, interest expense of $22,000, and taxes of $28,500. What is the amount of the projected operating cash flow
The amount of the projected operating cash flow is $152,500
What is operating cash flow?Operating Cash Flow (OCF) is what measure the amount of cash generated by a company's normal business operations in its day to day activities.
Operating Cash Flow (OCF) is computed below:
Projected sales 435,000
(-) Costs 254,000
(-) Depreciation 35,000
Operating income 146,000
Operating income 146,000
(+) Depreciation 35,000
(-) Taxes 28,500
Projected operating cash flow $152,500
Hence, Projected operating cash flow is $152,500
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7. How does the quality of management relate to each of these causes of small business failure?
Answer:
Explanation:
The quality of management can have a significant impact on each of the causes of small business failure. Poor management can lead to financial mismanagement, which can cause a business to run out of cash and become insolvent. Ineffective management can also result in a lack of clear goals and direction, leading to a lack of focus and poor decision-making. Additionally, poor management can lead to problems with staffing and employee morale, which can negatively affect productivity and customer satisfaction.
On the other hand, good management practices can help a small business avoid these problems and increase the likelihood of success. Good management involves setting clear goals and making sound financial and strategic decisions, as well as effectively managing and motivating employees. By addressing these issues, a small business can improve its chances of avoiding failure and achieving long-term success.
What is the meaning of this question
Answer:
You either want someone to get points or there is no meaning to the quesiton
Explanation:
ummm... common sense :)
Explain briefly the difference between traditional and enlightened management
intelligent management Enlightened managers in our world are those who are sensitive to both their employers and staff. They are conscious of the outside environment and how it affects the company.
What does "enlightened" mean in practice?Being advanced and having acquired necessary information or knowledge, particularly spiritual knowledge, is referred to as enlightenment. Enlightenment can be exemplified through learning more about a certain field of study or religion.
What does the word "enlightened" actually mean?demonstrating comprehension, being constructive, and not adhering to erroneous or outdated ideas The school has a progressive policy that involves teaching boys how to cook. She has considerably more progressive ideas on schooling now.
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You have an investment that will provide $1,000 at the end of each of the next 24 months and
$1,500 at the end of each of the following 24 months (periods 25 through 48). If your opportunity cost of funds is 10%, how much would you pay for this investment (what is the present value)?
Answer:A. $48,307
Explanation: Did the test.
t 3 Lab Learning Activity
K
Marcus Richardson
HW Score: 0%, 0 of 4 points
O Points: 0 of 1
11/03/22 7:32 PM
Question 1, P4-4 (similar to)
(Related to Checkpoint 4.1) (Liquidity analysis) Airspot Motors, Inc. has $2,505,600 in current assets and $864,000 in current liabilities. The company's managers want to
increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 2.1
$6,28,363 the firm increase its inventory without its current ratio falling below 2.1
Current ratio = Current asset / current liability
Increasing inventory would increase the current asset.
We assume the additional inventory = L
So new current asset = L + $2,505,600
New current liability = L + $864,000
So, L + $2,505,600÷ L + $864,000 = 2.1
By solving L we get, L= $6,28,363
In other words, assets are items that provide a financial benefit to a company, such as inventory, buildings, equipment, and cash. They aid a company's ability to manufacture goods or provide services both now and in the future. A company's liabilities are its obligations—either money owed or services not yet performed.
Liabilities are the debts owed by a company to third-party creditors. Accounts payable may include notes payable and bank debt. Businesses take on debt in order to expand faster. A company's stability is determined by the balance of its debts and assets
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World Wide Delivery Service Corporation develops a way to speed up its deliveries and reduce its costs. We would expect that this would a. raise the demand for existing shares of the stock, causing the price to rise. b. decrease the demand for existing shares of the stock, causing the price to fall. c. raise the supply of the existing shares of stock, causing the price to rise. d. raise the supply of the existing shares of stock, causing the price to fall.
Answer:
d. raise the supply of the existing shares of stock, causing the price to fall.
Explanation:
World Wide Delivery Service Corporation are companies known for safe delivery of product and services to the consumer are a friendly cost. It is means to make marketing of goods and services easier in economics.
It should be noted that
World Wide Delivery Service Corporation device methods to deliveries faster and reduce its costs so that the supply of the existing shares of stock is raised, causing the price to fall.
Helen Smith chose to operate her business under a name different than her own. What does Helen need to do?
O Register the assumed name using a DBA (Doing Business As)
Nothing. No formal action is required
Make sure that the business name selected is common and used by others
Get required federal and state permits
Helen need Register the assumed name using a DBA (Doing Business As).
This move, also described as a "Doing Business As (DBA)" name, permits your firm to legally function under a brand names. Sole proprietors and directors can do business under a name other than their own personal name if they have a Doing Business As identity.
If Helen Smith wants to run and maintain her business with a different name than she must Register her firm or organisation using a DBA (Doing Business As).
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How do you redeem a
lottery tickets
Explanation:
you can redeem a winning ticket from any type of lottery game to an authorized retailer when your prize is less than 600$
hope I helped
Explain and give an example the difference between an explicit cost and an implicit cost.
Explain and give an example the difference between Accounting Profit and Economic Profit.
Explain and give an example the meaning of zero economic profit.
Answer:
Explicit costs are out-of-pocket costs for a firm
for example, payments for wages and salaries, rent, or materials. Implicit costs are the opportunity cost of resources already owned by the firm and used in business
for example, expanding a factory onto land already owned.
In recording the acquisition cost of an entire business: goodwill is recorded as the excess of cost over the fair market value of identifiable net assets. assets are recorded at the seller's book values. goodwill, if it exists, is never recorded. goodwill is recorded as the excess of cost over the book value of identifiable net assets.
Which step follows the marketing mix step in the process of marketing management?
ОА
market research
ОВ.
market monitoring
OC marketing mix
OD. product development
OE identifying target markets
Answer:
market monitoring
Explanation:
After the marketing mix step, Implementation, monitoring, and control follows. The strategic marketing process is a continuous effort. Management should always be on the look for places to improve and enhance the plan. Market monitoring assists in pointing out specific opportunities for improvement.
Market monitoring requires the management to keep looking at the set goals and objectives to determine if the marketing process is heading in the right direction.
Identify whether you think you may or may not become an entrepreneur and launch your own
business. Why or why not.
Answer:
Explanation:
lol because its the business and elon musk said it himself and heas richest in world
e34rorowjiop
There are several reasons why one would love to become an entrepreneur. These are the reasons:
You work at your own pace.You are your own boss.You discover the ways to do things yourself.You have more flexible hours.What is entrepreneurship?This is the act of owning a business. The entrepreneur is a person who ventures into a business due to the fact that he wants to make gain.
He is the risk bearer in his business and often enjoys profit when the business is successful.
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Which of the following is a factor that would indicate an activity is an unrelated business activity? The activity:
Does not relate to the organization's exempt purpose, other than to generate income for the organization.
Occurs only sporadically.
Is carried out with no profit motive.
Does not involve the production of income from selling goods or performing services.
Answer:
Explanation:
Unrelated business taxable income (UBTI) is income derived by a tax-exempt entity that's not associated to the tax-exempt purpose of the business.
More briefly, the Internal Revenue Service (IRS) illustrates unrelated business taxable income for most organizations as "income from a trade or business, regularly run on, that is not substantially related to the charitable, educational, or other object that is the basis of the organization's exemption."
Unrelated business taxable income (UBTI) is income derived by a tax-exempt entity that's not associated to the tax-exempt purpose of the entity.
UBTI exempts or limits tax-exempt entities from engaging in functions that are not related to their primary objects.
It was structured in 1950 to make sure that tax-exempt businesses competed fairly with taxable companies in profit-generating functions.
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