Zostner-Zostner Industries (ZZI) is a manufacturer of warehouse and inventory tracking systems. ZZI has four U.S. plants and three warehouses. The company employees 3,500 workers at these facilities and the corporate headquarters. ZZI is using legacy systems for its accounting, materials requirement planning, receivables, payables, inventory, and payroll processes. These various legacy systems were developed at different times and do not necessarily have common data formats or programming. Often, ZZI must export data from one legacy system to incorporate into a second legacy system. The president has decided that the company must switch to an ERP system to bring the company’s systems up to date and to enable the company to remain competitive.
Refer to chapter 6 and discuss these topics, using a business report format:
1. Describe how an ERP system could improve performance at ZZI.
2. Describe the relative advantages and disadvantages of a big bang versus a modular implementation.
3. If ZZI chooses a modular implementation, how might it choose the order in which to implement modules?
Answers
An ERP system could greatly improve performance at ZZI by integrating all of their various legacy systems into a single unified platform.
This would eliminate the need for exporting and importing data between different systems, streamlining processes and reducing the potential for errors or discrepancies. With an ERP system, ZZI would have real-time access to accurate and consistent data across all departments and locations, enabling better decision-making, improved visibility into operations, and enhanced collaboration between teams. Additionally, an ERP system would provide standardized workflows and automation capabilities, increasing efficiency and productivity throughout the organization. If ZZI chooses a big bang implementation, they would implement the entire ERP system at once, replacing all legacy systems simultaneously. This approach offers the advantage of a quick and immediate transition to the new system. However, it also carries a higher risk since any issues or problems encountered during the implementation could have a significant impact on the entire organization simultaneously. On the other hand, a modular implementation involves implementing the ERP system in stages, one module at a time. This approach allows for a more controlled and phased transition, reducing the risk of disruptions to operations. However, it may take longer to fully implement the ERP system and there could be challenges in integrating the different modules together.
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Related Questions
america: the stroy of us division episode 4 1. what is the biggest construction project in the western world in the last 4,000 years
Answers
The biggest construction project in the Western world in the last 4,000 years is the building of the transcontinental railroad in the United States during the 19th century.
The transcontinental railroad was a monumental engineering feat that connected the eastern and western coasts of the United States. The project began in the 1860s and involved the construction of thousands of miles of railroad tracks, bridges, tunnels, and other infrastructure across challenging terrains, including mountains, deserts, and rivers.
The two main railroad companies involved in the project, the Union Pacific and Central Pacific, employed thousands of workers, including Chinese immigrants and Civil War veterans, who labored under difficult conditions to complete the project.
The transcontinental railroad not only transformed transportation and trade in the United States but also played a crucial role in the country's westward expansion and economic growth. Its significance and scale make it one of the most significant construction projects in the history of the Western world.
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What is Porter’s Value Chain Model. Explain the Role of
Information Systems in Value Chain Analysis.
do it as soon as possible within 10 minutes
Answers
Porter's value chain model is a business strategy paradigm and role of information systems in value chain analysis is used to analyze data and to differentiate and organize business functions.
This model is known as a business strategy paradigm and it examines the company operations in order to determine its competitive advantage. It is made up of the primary activities that are directly related to production and delivery and the secondary activities that enable the execution of the primary activities.
In the value chain analysis the role of information system is employed for analysing current sales and data that is related to marketing , to find specialised targets for a service or goods that a business can serve better.
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du large marine manufactures diesel engines for shrimp trawlers and other small commercial boats. one of their cnc machines has caused several problems. over the past 30 weeks, the machine has broken down as indicated below.number of breakdowns per week 0 1 2 3 4 frequency (number of weeks that breakdowns occurred) 8 5 9 4 4. what is the expected number of breakdowns per week? a. 30 b. 6 c. 10 d. 2 e. 1.7
Answers
The expected number of breakdowns per week is approximately 1.7.
To calculate the expected number of breakdowns per week, we need to multiply each number of breakdowns by their respective frequencies and sum them up, then divide by the total number of weeks.
Number of breakdowns: 0 1 2 3 4
Frequency: 8 5 9 4 4
To calculate the expected number of breakdowns per week, we perform the following calculation:
(0 * 8) + (1 * 5) + (2 * 9) + (3 * 4) + (4 * 4) = 0 + 5 + 18 + 12 + 16 = 51
Now, we divide this sum by the total number of weeks (30) to find the expected number of breakdowns per week:
Expected number of breakdowns per week = 51 / 30 ≈ 1.7
Therefore, the expected number of breakdowns per week is approximately 1.7.
The correct answer is e. 1.7. This means that, on average, we can expect around 1.7 breakdowns per week for the CNC machine based on the historical data provided.
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Dave and nadine have decided that they want to become property investors. what is most likely their main motivation for investing?
Answers
Dave and Nadine's main motivation for investing in property is income appreciation.
What is a Investment?Investment is the amount that is spent to start an earning, the amount is invested in the business or the investment. The investment in return provides profit to the investor.
The investments made by individuals are also beneficial for the economy of the country, the investment of cash enables the economy a boost while the opposite situation is not ideal for any country.
In the scenario provided, Dave and Nadine have decided that they want to become property investors, this is a type of investment and this investment in property would let them earn the appreciation of land value which is in fact the increase in income and this may also result in a rental income.
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Jayden created a cell model using a glass bottle with a cork. He said that the cork could be opened to eliminate waste material that’s generated after digestion in the cell. A number of particles resembling organelles are in the bottle. Which organelle’s function will cause Jayden to open the cork to eliminate waste material?
Answers
Answer:
"Lysosome" is the correct answer.
Explanation:
Lysosomes will become the waste-removing feature, they have active enzymes as well as chemicals to absorb or even just recycle products from cells.It's indeed a subcellular organelle present in almost all forms of eukaryotic cells as well as taking responsibility for something like the absorption of molecules, older sections of cells, or even microorganisms.So that the above seems to be the right answer.
Answer:
the correect awnser is D
Explanation:
Lysosomes would be the function that eliminates waste.Lysosomes have powerful enzymes and acids to digest and recycle cell material
Simkin Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours Wait time 22.4 Process time 7.3 Inspection time 1.9 Move time 4.5 Queue time 6.6 The manufacturing cycle efficiency (MCE) was closest to:
Answers
Answer: 0.36
Explanation:
Given the following information :
Hours Wait time = 22.4
Process time = 7.3
Inspection time = 1.9
Move time = 4.5
Queue time = 6.6
The Manufacturing Cycle Efficiency (MCE) equals:
The ratio of the process time and the throughput time
The throughput time (Manufacturing cycle) regers to the duration of time required to manufacture a particular product.
It is usually the sum of the process, inspection, move and queue time.
Therefore, throughput time equals ;
(process + inspection + move + queue) time.
(7.3 + 1.9 + 4.5 + 6.6) = 20.3
MCE = PROCESS TIME / THROUGHPUT TIME
MCE = 7.3 / 20.3 = 0.3596 = 0.36
Read Chapter 8: Interval Estimation and Chapter 9: Hypothesis Testing (of Anderson, David R., Sweeney, Dennis J., William, Thomas A., Camm, Jeffrey D., Cochran, James J. Fry, Michael J. textbook) and answer the following questions:
1) What did you find most interesting? 2) What did you find most difficult?
3) What are the differences between:
▪ Confidence interval?
▪ Degrees of freedom?
▪ Null hypothesis vs alternative hypothesis
Answers
Most interesting observations from Chapters 8 and 9:The concepts of confidence intervals and hypothesis testing are the key topics of these chapters. Confidence intervals are determined by sample data, while hypothesis testing is determined by both sample data and a statement made about the population parameter.
Most difficult observations from Chapters 8 and 9:Formulas and concepts like t-statistic, test statistics, P-value, significance level, etc. are difficult to understand initially.3) Differences between Confidence interval, Degrees of freedom, Null hypothesis, and Alternative hypothesis are as follows: Confidence interval: Confidence interval is a range of values calculated from the data, within which the true value of a population parameter is expected to fall.
The degree of certainty with which the true parameter lies within the confidence interval is given by the confidence level. Degrees of freedom: In statistics, the degrees of freedom refers to the number of independent pieces of information available to estimate a statistical parameter. Degrees of freedom also have an effect on how accurate your estimate of the population parameter is. Null hypothesis vs alternative hypothesis: The null hypothesis is the statement being tested in a hypothesis testing problem. It is usually a statement of no difference or no effect. The alternative hypothesis is a statement of what we hope to conclude, that there is a difference or effect of some kind between the two populations or variables.
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Tanger Company had the following data: Service Revenue = $10,000 Rent Expense = $2,000 Salaries Expense = $1,200 Utilities Expense = $800 What is Net Income for Tanger Company?
Answers
The Net Income for Tanger Company will be $6,000.
Net IncomeNet Income means the the cost of sales, less cost of goods sold, general expenses, taxes, interest etc
Particulars Amount
Service Revenue $10,000
Expenses
Rent Expense $2,000
Salaries Expense $1,200
Utilities Expense $800 $4,000
Net Income $6,000
In conclusion, the Net Income for Tanger Company will be $6,000.
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Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answers
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
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Calvin purchased 2 fish bowls full of goldfish and 3 goldfish in a single bag. Each bowl had 6 fish in it. How many goldfish did Calvin buy? Calculate the number of fish in 1 bowl and in the bag together. Divide that number by the number of bowls. Calculate how many goldfish are in 2 fish bowls. Add that number to the number of fish in the bag. Calculate how many more goldfish are in a bowl than the bag. Multiply that number by the number of bowls. Calculate how many fish bowls there are. Add that number to the number of fish in the bag.
Answers
Answer:
How many goldfish did Calvin buy?
(2 bowls x 6 goldfish) + 3 goldfish in a bag = 15 goldfishCalculate the number of fish in 1 bowl and in the bag together.
(1 bowls x 6 goldfish) + 3 goldfish in a bag = 9 goldfishDivide that number by the number of bowls.
9 goldfish / 2 bowls = 4.5 goldfishCalculate how many goldfish are in 2 fish bowls.
2 bowls x 6 goldfish = 12 goldfishAdd that number to the number of fish in the bag.
12 goldfish + 3 goldfish = 15 goldfishCalculate how many more goldfish are in a bowl than the bag.
6 goldfish - 3 goldfish = 3 goldfish more in a bowl than in a bagMultiply that number by the number of bowls.
3 goldfish x 2 = 6 goldfishCalculate how many fish bowls there are.
2 fish bowlsAdd that number to the number of fish in the bag.
2 + 3 = 5A private pilot wishes to insure his airplane for $200,000. The insurance company estimates that a total loss will occur with probability .002, a 50% loss with probability .01, and a 25% loss with probability .1. Ignoring all other partial losses, what premium should the insurance company charge each year to realize an average profit of $500?
Answers
The insurance company should charge an annual premium of $2,520 to realize an average profit of $500.
To determine the premium that the insurance company should charge, we need to calculate the expected value of the losses and add the desired profit margin.
Given that the private pilot wishes to insure the airplane for $200,000, and the insurance company estimates the probabilities of different loss scenarios, we can calculate the expected value of the losses.
The expected value of a loss is calculated by multiplying the loss amount by its corresponding probability and summing up all the expected losses.
Expected Loss = (Loss Amount) * (Probability)
Total Expected Loss = (0.002 * 200,000) + (0.01 * 0.5 * 200,000) + (0.1 * 0.25 * 200,000)
= 400 + 1,000 + 5,000
= 6,400
To realize an average profit of $500, the insurance company should charge a premium that covers this expected loss and includes the desired profit margin.
Premium = Expected Loss + Desired Profit
= 6,400 + 500
= 6,900
Therefore, the insurance company should charge an annual premium of $6,900 to achieve an average profit of $500.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
is the rate, at which a trait or disorder is shared with close relatives, such as a twin
Answers
The proportion of a characteristic or condition that a twin or other close relative will also have: concordance rate
How many sets of identical twins or other blood relatives are affected by a specific feature or illness. also known as the concordance ratio. See also twin research. A statistical indicator of agreement, the concordance rate is the percentage of pairs of individuals who share a specific characteristic when at least one of the individuals has that trait. When the term "concordance" is used in genetics, it typically refers to the twins sharing the same trait. The probability that two people, assuming that one of them already possesses the feature, will both share it is the strict definition, though.
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The local car dealership has an increase in inventory of 100 newly produced cars in 2015. In 2016, it sells all 100 cars. Which of the following statements is correct?
a. The value of the cars in inventory will be counted as part of 2015 GDP, and the value of the cars sold in 2016 will not increase 2016 GDP.
b. The value of the cars in inventory will not affect 2015 GDP, and the value of the cars sold in 2016 will increase 2016 GDP.
c. The value of the cars in inventory will be counted as part of 2015 GDP, and the value of the cars sold in 2016 will increase 2016 GDP.
d. The value of the cars in inventory will not affect 2015 GDP, and the value of the cars sold in 2016 will not increase 2016 GDP.
Answers
The local car dealership has an increase in inventory of 100 newly produced cars in 2015. In 2016, it sells all 100 cars. The value of cars counts only towards 2015 GDP.
Despite the fact that there are other sorts of inventory, the four primary ones are maintenance, repair, and operational supplies, finished goods, work-in-progress, and raw materials and components.
In conclusion, stock refers to the quantity of finished items that are readily accessible for purchase, and inventory refers to both finished goods and the parts that go into making a finished good. In other words, all inventory is stock, but not all stock is inventory.
Keeping a steady supply of goods on hand for activities is inventory's primary purpose. Your company should look for the sweet spot between too much and too little stock, without ever running out, in order to carry out this duty efficiently.
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Can someone give me insights and data on these:
1. Industry analysis for BPOs
2. why flexible working arrangement is effective?
Answers
It's important to note that the effectiveness of flexible working arrangements can vary depending on the nature of the job, industry, and organizational culture. Implementing and managing flexible work arrangements requires clear policies, effective communication, and the right technological infrastructure to support remote collaboration and productivity.
Industry Analysis for BPOs:
The Business Process Outsourcing (BPO) industry has experienced significant growth and transformation over the years. Here are some insights and data on the industry:
a. Market Size and Growth: The global BPO market has been expanding steadily, with a compound annual growth rate (CAGR) of around 7% in recent years. In 2020, the market size was valued at over USD 200 billion. Factors driving growth include cost-saving benefits, technological advancements, and increased demand for specialized services.
b. Key Players: The BPO industry is highly competitive and includes both large multinational companies and smaller specialized firms. Some prominent players in the industry are Accenture, IBM, Cognizant, Genpact, and Infosys, among others.
c. Services Offered: BPO companies provide a range of services, including customer support, technical support, back-office operations, finance and accounting, human resources, data entry, and more. These services are often outsourced to countries with skilled and cost-effective labor pools, such as India, the Philippines, and Eastern European countries.
d. Technology Adoption: BPOs are increasingly adopting technologies like Robotic Process Automation (RPA), Artificial Intelligence (AI), and cloud computing to streamline operations, improve efficiency, and enhance service quality. Automation and digital transformation initiatives have become key focus areas for BPO providers.
e. Industry Trends: Some emerging trends in the BPO industry include the rise of knowledge process outsourcing (KPO) and high-value services, increasing focus on data security and compliance, the shift towards multi-channel customer support (including chatbots and social media), and the growing demand for analytics and data-driven insights.
Why Flexible Working Arrangement is Effective:
Flexible working arrangements, such as remote work, flextime, and compressed workweeks, have gained popularity and proven to be effective for both employees and employers. Here are some reasons why flexible working arrangements are considered effective:
a. Work-Life Balance: Flexible work arrangements allow employees to better balance their personal and professional commitments. It enables them to have more control over their schedules, resulting in reduced stress levels and improved overall well-being.
b. Increased Productivity: Studies have shown that flexible work arrangements can boost employee productivity. It eliminates long commutes and provides a conducive work environment, leading to fewer distractions and improved focus. Employees can choose the time and place where they are most productive.
c. Talent Attraction and Retention: Offering flexible work options can be a competitive advantage for employers when attracting and retaining top talent. It appeals to a broader pool of candidates who prioritize work-life balance and flexibility. It also improves employee satisfaction and reduces turnover rates.
d. Cost Savings: Flexible work arrangements can result in cost savings for both employees and employers. For employees, it reduces commuting expenses and saves time and money on transportation. Employers can benefit from reduced office space requirements and overhead costs.
e. Workforce Diversity and Inclusion: Flexible work options can promote diversity and inclusion by accommodating individuals with different needs and circumstances. It allows people with disabilities, caregivers, and individuals with other commitments to participate in the workforce more effectively.
f. Environmental Impact: Remote work and flexible schedules contribute to reducing carbon emissions by decreasing commuting and office energy consumption. This aligns with sustainability goals and promotes a greener work culture.
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influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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Match the tasks with the professionals who would complete them.
Answers
Videographer: use editing softwares, discuss filming techniques
Network administrator: train users how to use the system, determine ways to make the system more effective
Hope this helps!
Answer:
Explanation:
1,3 and 2,4 and 5,6 and thats it
Coleslaw cost $16.95 for a 5 kg pail. what is the cost for a 4 oz portion
Answers
Answer: The cost for a 4 oz portion is 20$
Explanation:
Given : Cost of 5kg pail = 16.95$
To find : Cost of a 4 oz prtion = ?
Conversion factor : 1 kg = 35.274 oz
Thus cost of 35.274 oz = 176.37$
Then cost of 4oz =\(\frac{176.37}{35.274}\times 4=20\)$
Thus cost for a 4 oz portion is 20$
Below are the ages and salaries (in thousands of dollars) for CEOs of small companies. Round your answers to the nearest tenth, if necessary.
CEO Age Salary
1 53 145
2 43 621
3 33 262
4 45 208
5 46 362
6 55 424
7 37 300
8 41 339
9 55 736
10 36 291
11 45 58
12 55 498
13 50 643
14 49 390
15 47 332
16 69 750
(a) Find the mean CEO age.
(b) Find the median CEO age.
(c) Find the mean CEO salary.
(d) Find the median CEO salary.
(e) Are the salaries skewed right, skewed left, or approximately symmetric?
Answers
(a) The mean CEO age is 51.1 years.
(b) The median CEO age is 45.5 years.
(c) The mean CEO salary is $402.1 thousand.
(d) The median CEO salary is $350.5 thousand.
(e) The salaries are skewed right.
How are CEO ages and salaries analyzed?To analyze the CEO ages and salaries we have to find the mean (average), add up all the values and divide by the total number of values.
(a) Mean CEO age:
Sum of ages = 53 + 43 + 33 + 45 + 46 + 55 + 37 + 41 + 55 + 36 + 45 + 55 + 50 + 49 + 47 + 69 = 817
Number of CEOs = 16
Mean CEO age = 817 / 16 = 51.1 (rounded to the nearest tenth)
(b) To find the median, arrange the ages in ascending order and find the middle value. If there is an even number of values, find the average of the two middle values.
Arranging the ages in ascending order: 33, 36, 37, 41, 43, 45, 45, 46, 47, 49, 50, 53, 55, 55, 69.
Median CEO age: There are 16 CEOs, so the median is the average of the 8th and 9th values.
Median CEO age = (45 + 46) / 2 = 45.5
(c) Mean CEO salary:
Sum of salaries = 145 + 621 + 262 + 208 + 362 + 424 + 300 + 339 + 736 + 291 + 58 + 498 + 643 + 390 + 332 + 750 = 6433
Number of CEOs = 16
Mean CEO salary = 6433 / 16 = 402.1 (rounded to the nearest tenth)
(d) To find the median salary, arrange the salaries in ascending order and find the middle value. If there is an even number of values, find the average of the two middle values.
Arranging the salaries in ascending order: 58, 145, 208, 262, 291, 300, 332, 339, 362, 390, 424, 498, 621, 643, 736, 750.
Median CEO salary: There are 16 CEOs, so the median is the average of the 8th and 9th values.
Median CEO salary = (339 + 362) / 2 = 350.5
(e) To determine if the salaries are skewed right, skewed left, or approximately symmetric, we can compare the mean and median. If the mean is greater than the median, it indicates a right skew (positive skew), while if the mean is less than the median, it indicates a left skew (negative skew). If the mean and median are close, it suggests a symmetric distribution.
Comparing the mean CEO salary (402.1) and the median CEO salary (350.5), we can see that the mean is greater than the median. Therefore, the salaries are skewed right.
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As the economy grows and profits increase Chinese firms begins to build more factories
Answers
Chinese businesses will probably start constructing additional factories as the economy expands and revenues rise in order to enhance productivity and keep up with the rising demand for their goods.
As more personnel are required to run the new factories, this will improve employment possibilities. It will also spur economic growth because the building of new factories will raise demand for building materials, transportation services, and other goods and services.
It is crucial for the government and businesses to adopt sustainable and responsible practices in their construction and operation of new factories because building more factories could have adverse consequences on the environment, such as increased pollution and habitat damage.
it's also important to examine how new factories will affect the environment. Overall, this statement emphasizes the connection between economic expansion, corporate spending, and potential environmental effects.
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A consultant has recommended that you modernize a production line. Costs include $650,000 in equipment, a $10,000 investment in net working capital at the time of installation, and $5,000 in delivery and installation costs. The consultant has billed the firm for $7,500 for her analysis of the project. If the project is undertaken, an employee training program costing $8,000 would be required. The old machinery has no book value but can be sold for $100,000. Your firm's marginal tax rate is 34%. What is the initial outlay associated with the project?
Answers
Answer:
$607,000
Explanation:
Calculation for the initial outlay associated with the project
INITIAL OUTLAY
Equipment $650,000
Delivery and installation costs
$5,000
Investment in net working capita$10,000
Employee training program$8,000
Less:Old machinery After tax sale value ($66,000)
Initial outlay $607,000
Calculation for the after sale tax value of the old machinery
After tax sale value =$100,000×(1-0.34)
After tax sale value=$100,000×0.66
After tax sale value=$66,000
Therefore the initial outlay associated with the project will be $607,000
Who else is issued with a license according to the two kinds of licenses under LTO?
Answers
Conductors is issued with a license according to the two kinds of licenses under LTO.
Which of the two licencing types are they?
Both are for large vehicles, with the first being for light vehicles. With the exception of the fact that there are more questions about large, heavy vehicles in the "heavy" exam category, the written tests are practically identical.
What role does licencing play?
The value of licencing by enforcing norms that limit practise to competent people who have met particular requirements in terms of education, job experience, and tests, professional licensure protects the public.
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Which of the following is most likely to create a long-term trend?
A. Fashion
B. Entertainment
C. Television shows
D. Demographics
Answers
Demographics is most likely to create a long-term trend. Demographics is the study of the characteristics of human populations, such as age, sex, education, income, and race. The correct answer is option D.
These factors have a significant impact on consumer behavior, and thus, they can create long-term trends in the marketplace. As people age, their preferences change, and they tend to consume different products and services. For example, as the baby boomer generation has aged, there has been a trend towards products and services that cater to their needs, such as retirement communities, healthcare, and leisure activities.
Additionally, changes in education, income, and race can create new trends in consumer behavior. For example, if there is an increase in the number of people with higher education degrees, this could lead to a trend towards products and services that cater to their needs, such as high-tech gadgets, gourmet foods, and luxury vacations. Therefore, demographics is most likely to create a long-term trend. The correct answer is option D.
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Lenox China Co would lke to get ins annual Christmas ornament series into Macy's department stores Macy's has a buyer in New Work City who makes decsions on its most appropriate for Lenox to use to reach the Macy's buyer?
A. Sales promotion
B. Public relations
C. Personal selling
D. Advertising and public reaction E. Advertising
Answers
Answer:
C. Personal selling
Explanation:
C. Personal selling would be the most appropriate strategy for Lenox China Co to reach the Macy's buyer. Personal selling involves direct communication between the seller and the buyer, and is often used when the product is complex or involves a high degree of customization. In this case, Lenox's annual Christmas ornament series is likely a unique and high-quality product that requires a more personalized approach to selling, rather than relying on mass advertising or promotions. By using personal selling, Lenox can better tailor their pitch to the specific needs and preferences of the Macy's buyer, increasing their chances of success in getting their product into Macy's department stores.
We may say that in this specific instance, Lenox would use personal selling as the promotional component to connect with their Macy's buyer. When a business uses a person to sell a product to a client after meeting them in person, this practise is known as personal selling. The sellers typically promote the product through their conviction, outward attractiveness, and product knowledge.
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A person who buys a used car with the money earned from working a part- time job is influenced by what factor? A. Income B. Social pressure C. Age D. Advertising
Answers
Answer:
A income
Explanation:
hope it's helpful to you
A person who has a used car with the money earned from working a part-time job is influenced by income factors. Thus, option A is correct.
What is buy?
The term buy can mean that there is some sort of transaction that has happened between two or more parties. after buying a product or a thing, the buyer obtains custody, possession, or authority to utilize something in exchange for money in particular
As the person has worked hard and done some kind of part-time job that he has been doing it on the temporary basis and that person was doing various things too.
As the money is earned by himself, he brought the car from the money that he has earned by himself and this is money can be termed as the income earned by doing a job. Therefore, option A is the correct option.
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11
5 points
Suppose that John purchases an insurance plan that charges a premium of $1,400 and has a payout of $2,000. Calculate John's income when healthy under this insurance plan.
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12
5 points Suppose that John purchases an insurance plan that charges a premium of $1,400 and has a payout of $2,000. Calculate John's income when sick under this insurance plan.
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13
5 points Does this plan provide full or partial coverage to John?
Full Partial
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John's income when healthy or sick under this insurance plan would be $600. This insurance plan offers partial coverage as the payout amount is less than the premium.
The insurance plan John purchased charges a premium of $1,400 and has a payout of $2,000.
To calculate John's income when healthy under this insurance plan, we need to subtract the premium from the payout. So, his income when healthy would be $2,000 - $1,400 = $600.
To calculate John's income when sick under this insurance plan, we need to subtract the premium from the payout as well. So, his income when sick would also be $2,000 - $1,400 = $600.
Based on the information provided, this insurance plan provides partial coverage to John. The payout amount is less than the premium, resulting in a decrease in his income regardless of his health condition.
In summary, John's income when healthy or sick under this insurance plan would be $600. This insurance plan offers partial coverage as the payout amount is less than the premium.
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The development of market power by a firm is considered to be a market failure because firms with market power will
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Provisions that a party agrees to perform only if the other side also does what it promised are called Group of answer choices choice of forum provisions. conditional promises. reciprocal promises. riders.
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If the provisions are reciprocal promises this means that they are each enforceable independently.
What is Reciprocal Promise ?These promises that the promisee does to form the consideration form an agreement.
When you go to a shop, the shopkeeper agrees to give you the product in exchange for money. This is an example of a reciprocal promise where you promise to pay the value of the product and the shopkeeper promises to give you the goods on receipt of the payment.Under Reciprocal Promise both parties promise each other to do something in the future. So, the first promise forms the consideration for the second promise and second promise forms the consideration for the first promise.Learn more about Reciprocal Promise here:
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Which technologies have made global communication instant and more effective? Choose three answers.
social media
wireless devices
smart phones
automobiles
printed newspapers
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The technologies that made global communication instant and more effective were social media, wireless devices, and smart phones.
The speed of communication made possible by technological developments has increased the social and economic interaction between countries, making the development of globalization possible.
Through instant communication through means that use the internet, it is possible for people to communicate from anywhere in the world quickly and cheaply.
Therefore, the effects of new communication technologies made possible business in other countries and the formation of multicultural environments.
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Answer: a b c
Explanation:
just took the unit
Determine your tax liability if you are filing single using the standard deduction of $12,000 and have no adjustments, itemized deductions, or tax credits.
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The tax liability will be determined by your taxable income if you are a single taxpayer using the $12,000 standard deduction and you don't have any adjustments, itemized deductions, or tax credits.
The fraction of your gross income known as "taxable income" is used to determine your tax liability for a certain tax year.
Compensation, companies, partnerships, and royalties are a few examples of sources of taxable income.Due to deductions, taxable income is often lower than adjusted gross income. For instance, your taxable income would be $28,000 ($40,000 – $12,000) if your gross income was $40,000. A single filer with a taxable income of $28,000 would owe $3,225 in taxes. The tax brackets for the tax year are used to determine this.Therefore, The tax liability will be determined by your taxable income if you are a single taxpayer using the $12,000 standard deduction and you don't have any adjustments, itemized deductions, or tax credits.
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