Answer:
The importance of effective workplace management is highlighted specially in the modern times as more and more people spend most of their time at their work place.
Motivation, a self driven need to achieve a goal or an objective is important when someone is engaged in any activity related to work as the success of the organization depends on the success of objective achieving.
Stress is a negative affect that thwarts the Organizational development and individual well being. More and more psychological and sociological support systems are being introduced at the work place to manage the work life balance of employees and to handle the ever increasing workload in modern organizations.
Time management is vital in the success of any business as time equal Money in the Business world. Customer relationships, manufacturing, distribution, planning, all such money making and cost saving activities are time sensitive and has to managed withing reasonable time lines.
Explanation:
Defining Work
Practice Active
While Rosa is taking classes at the local community college to earn her degree in landscaping, she works part-time as a florist's
assistant. This part-time work is an example of
a a career
b. telecommuting
c. a job
d. outsourcing
Please select the best answer from the choices provided
Answer:
Defining Work Practice Active While Rosa is taking classes at the local community college to earn her degree in landscaping, she works part-time as a florist's assistant. This part-time work is an example of a job
Explanation:
A part-time work taken by Rosa while in school is more or less like a job rather than a career as it is not in line with her course of study in school.
As part of a proactive TNA approach, analysts at McKee Paper factory are attempting to determine whether the factory needs to employ more workers to meet ISO 9000 standards. This means that the analysts are conducting _______ analysis.
A. organizational
B. person
C. operational
D. performance
Answer:
D
Explanation:
Final answer:
Analysts conducting analysis related to employment needs for meeting ISO 9000 standards at the factory are doing performance analysis, which is focused on meeting standards. Related to I-O psychology, job suitability factors are explored by personality psychologists, while job satisfaction falls under organizational psychology.
Explanation:
Analysts at McKee Paper factory who are attempting to determine whether to employ more workers to meet ISO 9000 standards are conducting performance analysis. Performance analysis focuses on ensuring employees meet established standards and qualifications to perform their jobs effectively and whether additional training or resources are needed. In this context, the analysis is used to ascertain if the current workforce can meet the quality management guidelines set forth by ISO 9000 or if additional personnel is necessary.
In reference to the other discussion points offered, a researcher interested in what factors make an employee best suited for a given job would most likely identify as a(n) personality psychologist. The area of I-O psychology that measures job satisfaction is known as organizational psychology.
Inflation is a(n) -
__ in the prices of many goods and services, which
purchasing power.
Answer:
Inflation is defined as a general steady or continuous rise in price level of goods and services, resulting to reduction in purchasing power.
Explanation:
Inflation is a general steady or continuous rise in price level of goods and services. Inflation reduces the purchasing power of consumers such that when the price of a good is increased, a consumer buys less of the good, holding consumer's income constant. For instance, assume a cup of coffee is sold for $10 per cup. If a consumer earns $100 per month and wants to spend all of his income on coffee, he would buy 10 cups of coffee (that is, 100/10 = 10). Let's now assume that inflation set in such that the price of coffee is raised to $20 per cup, the consumer would not be able to buy 10 cups any longer. Thus, he would buy only 5 cups (that is, 100/20 = 5). This implies that the consumer's purchasing power has reduced from 10 cups to 5 cups. Purchasing power means the amount of goods and/or services that a consumer's money (income) can buy. From the instance above, we can see that there is an inverse (negative) relationship between inflation and purchasing power. As individuals, we experience the effect of inflation on our purchases. As price of goods go up, we tend to buy less of them since our income is fixed.
citations are used primarily to
Answer:
a quotation from or reference to a book, paper, or author, especially in a scholarly work
Explanation:
Answer: give credit to author of the source.
Explanation:
Complete these sentences to describe categories of budget expenditure items.
A fixed expense is one for which the amount is_____
, and it should be considered _____ other expenses.
A variable expense is one for which the amount is______
and it should be considered_____fixed
expenses.
Discretionary spending is the most _____ budget item and the easiest to change.
other expenses.
fixed
Answer:
Known before
Estimated after
Variable
Explanation:
A fixed expense is an expenditure that does not change, while a variable expense is one that can fluctuate. Discretionary spending is the most flexible budget item and can be easily adjusted.
Explanation:A fixed expense is one for which the amount does not change, and it should be considered above other expenses. For example, rent for a factory or a retail space is a fixed expense because the amount remains the same regardless of production levels.
A variable expense is one for which the amount can change and it should be considered with fixed expenses. An example of a variable expense is the cost of raw materials, which can fluctuate depending on the quantity needed.
Discretionary spending is the most flexible budget item and the easiest to change compared to other expenses. It includes expenses like entertainment, dining out, or vacations, which are not essential and can be adjusted based on available funds.
REFLECTION QUESTIONS
11
You speak to a business owner that is taking in almost $2,000 in revenue each month. The owner
still says that they're having trouble keeping the doors open. How can that be possible? Use the
terms revenue, expenses, and profit/loss in your answer.
Type your entry and click submit...
Answer:
Expenses must be close or above $2000 per month
Explanation:
For a business to operate at a profit, its revenues must exceed the expenses by a sizable proposition. Revenues refer to income from business activities, while expenses are the cost incurred in generating that income. Should the costs match or be higher than the revenue, a business will find it challenging to continue operating.
In this case, the business owner is generating revenues of $2000 per month. If he is struggling to stay open, it means the monthly expenses are around or above $2000. The $2000 that the business is generating per month is not sufficient to cater for all expenses and the desired profits. The business owner is probably making losses, and that why he is having trouble keeping the doors open.
How are information systems transforming global business, and why are they so essential for running and managing a business today?
Information systems allow for greater connectivity for global businesses.
Explanation:
Global economy has coincided with easier communication worldwide. Telephone lines in the 20th century made sure that global businesses could run fast.
Now with AI and Internet it is even more easy and the businesses have taken a digital instead of a traditional physical form.
The businesses generally deal worldwide for smooth services and low cost and different parts of the world specialize in specific niches that they deliver. As such info systems are very essential for the system.
which of the following is an asset for groups and teams?
A. Group Conformity
B. Acceptance of solutions
C. Time consuming process
D. groupthink
Answer:
Acceptance of solutions is an asset for groups and teams.
Explanation:
Team is a group of individuals who work for same goals and are linked in together for common purpose.Team management is often very challenging job for the organization . Teams are usually used to simplify a complex task and complete the work under the given time scale and satisfying all conditions and parameters.
9. Emil Motycka is considered an entrepreneur because
O he mows lawns.
O he took out a loan.
O he started and managed a business.
O he expanded his business as an adult.
Answer:
he started and managed a business.
Explanation:
Entrepreneur is the person who is willing to take risk by putting his capital to create and operates business.
Emily Motycka gained his fame because he started and managed a business at 13. He created Motycka Enterprises , a company that offers lawn mowing services to the suburban houses.
By the time he entered high school, he already earned a 6 figure income, while most people only able to get that type of earning in their 30s.
Answer:
C. He started and managed a business
Explanation:
What is comparing the cost of a business plan to the monetary value of the benefit derived from the same plan known as?
A.
cost-benefit analysis
B.
payback period analysis
C.
net present value analysis
D.
time series analysis
E.
marginal cost analysis
C. net present value analysis i think
Answer: A
Explanation:
PLATO/EDMENTUM
Select the correct answer. Peter has worked at a software company for many years. His company offers only the minimal benefits prescribed by law to its employees. What kind of business is this? A. moral business B. amoral business C. immoral business D. green business
Answer:
Peter has worked at a software company for many years. His company offers only the minimal benefits prescribed by law to its employees. What kind of business is this?
the type of business offered by Peter's company is moral business
Explanation:
Such organization follow due process and work ethics which supports the law of establishment of such organization as well as the welfare of the employees
Answer:
It is a Moral Business.
Explanation:
The morality in Business world refers to how ethical.a company behaves when it comes to their relationship with their employees, stakeholders, investors and the general public.
In this scenario, the company adheres to the minimal benefits the law has prescribed, without trying to avoid them. Practices like this should be admired as there are many corporations that even disregards this minimum standards.
However, it is better if this company do more for their employees as they are the backbone of a service oriented company.
Ronald sees that his employer's stock has grown from $20 a share to $60 a share this year, while most stocks have seen only 5% growth. His employer offers to let him convert a large portion of his salary into stock options. What is NOT a valid reason to turn down the stock offer? Select the best answer from the choices provided.
A. Stocks with high returns have high volatility, and Ronald's company may not grow further.
B. Ronald may be taxed more for capital gains than he would be for employment income.
C. Stock options are illiquid, and Ronald may not be able to use them to pay for unexpected bills.
D. Ronald would be committing stock fraud if he exercises the options.
D. Ronald would be committing stock fraud if he exercises the options.
Explanation:
The first three options are valid reasons to turn down the offer of stocks in place of salary.
A. Stocks with high returns have high volatility, and Ronald's company may not grow further.
B. Ronald may be taxed more for capital gains than he would be for employment income.
C. Stock options are illiquid, and Ronald may not be able to use them to pay for unexpected bills.
Option D is NOT a valid reason to turn down the stock offer. So, the answer is:
D. Ronald would be committing stock fraud if he exercises the options.
Understanding Point of View: Why were the Framers of the
Constitution careful to limit the powers of the Federal
Government?
So as to let the states have their autonomy and not cause conflict between them.
Explanation:
USA was a federation of states and not just a single country. By limiting the powers of the Federal government the founders allowed the power to the states to have their own rules and thereby made sure that the country stays united.
More Federal power would have meant that some states would be unhappy and may cause tensions to the integrity of the country. The autonomy untied the states as they could manage their affairs while having the security of a large country.
Which type of account do businesses use to record their financial transactions?
A __________account, also called a T-shaped account, is a format in which businesses record their financial transactions.
Answer:
The answer is LEGDER Account.
Explanation:
it is called a T account because it has two sides, Credit side and Debit side. Depending on the type of the account such as Asset, Expenses, Liabilities, Income or Equity, the records are entered. Whether they increase or decrease.
Asset, Expenses when incresed they are debited and decreased theya re credited.
Liabilities, Income or Equity are debited when they decrease and credited when they are increased.
Answer:
Ledger account
Explanation:
This is wher epoeple record their transactions financially
Tell me about one of your most passionate beliefs and explain how it has an impact on the way you think, behave, attend events, communicate with others, etc.
Answer:
One of my most passionate belief is "Fail Better". This is the belief which I developed since childhood, my family kept on saying this me when I was just 10 years old. Since then, It has been deeply rooted and firmly suited in my mind. It has influenced me from my childhood, I never felt hesitated in taking risks, trying new ideas, things and adventures in my whole life. This has definitely impacted the way I think, behave and communicate with others. This belief was then further been transformed and translated into "Fall seven times, Get up eight". I have followed these rules very strongly in my whole life. I have started many small businesses when I was in college, almost I failed in them but I learnt so many things which none could have taught me.
What are the causes and effects of increasing marginal returns?
Increasing Marginal Returns happen when more units of a variable input increase the production. It is caused by factors such as specialization and division of labor, it leads to higher efficiency in production by reducing per unit cost. Its relation to the law of diminishing returns makes these effects short-term.
Explanation:The term 'Increasing Marginal Returns' is typically seen in economics and business, as it involves the concept of production output. It occurs when the addition of a variable input, like labor or capital, increases the marginal product. The concept is linked to the law of diminishing returns, yet it's the earlier phase where adding more units of a variable input enhances overall production.
There are multiple causes of increasing marginal returns. One common cause is specialization and division of labor. When labor is divided among workers, they can specialize in a particular task. This also lessens time lost switching between tasks.
The effects of increasing marginal returns are mostly beneficial, leading to a higher efficiency in the production process. This happens as more units of output are produced with the same input, thus, decreasing the per-unit cost of production. However, it's crucial to note that these benefits are typically short-term, as at some point, increasing the input will lead to diminishing returns.
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The best type of account for money you use to pay regular bills is
a.savings
b.money market
c. corporate bond
d. checking
Answer:
D
Explanation:
Savings account as the name implies is supposed to make money for you via interest while putting money away for future expenditure. Checking is best for regular financial spending.
Eric plans to start a small business soon. His business ideas look promising. He has been trying to raise finance from all kinds of sources for his business in the past few months. However, private investors, banks, and even his personal contacts are not ready to invest in his business. What source could be his last resort to raise finance for his business?
A.
angel investors
B.
Venture Capitalists (VCs)
C.
Small Business Administration (SBA) loans
D.
family and friends
E.
Initial Public Offering (IPO)
Answer:
The answer is Angel Investors.
Angel investors are specialists in investing in start up firms. As the banks, major investors and even family and friends have denied to invest in this firm, angel investors are the last option this firm has. There is also another option Eric can use, that is the crowd sourcing, but it's not possible to say how much he can raise.
Explanation:
Final answer:
Eric's last resort to raise finance for his business after exhausting other options could be an SBA loan, which is tailored to assist small businesses with funding when they do not qualify for traditional loans.
Explanation:
When a business like Eric's struggles to raise finance through private investors, banks, or personal contacts, one potential last resort funding option could be a Small Business Administration (SBA) loan. The SBA offers a variety of loan programs for small businesses that might not qualify for traditional bank loans. These loans are designed to help businesses get started, expand, and succeed. Option C
While angel investors and venture capitalists (VCs) are also important sources of funding, they typically invest in businesses that have already demonstrated some success or growth potential. An Initial Public Offering (IPO) is generally not an option for a new and small business like Eric's, as it requires a well-established company with strong financials. Seeking investments from family and friends could be another possibility, although Eric has already attempted to raise funds through personal contacts without success.
Type the correct answer in the box. Spell all words correctly. Fabian worked at a computer hardware manufacturing factory. He noticed that the cost of production had increased over the past couple of months, even though the production output was the same. He found that the increase in costs was due to the expense of using up inventory. How can Fabian minimize these costs? Fabian can calculate the to find the optimum amount of inventory required for production, which will help him minimize excess costs.
Answer:
As he has the aability and the resources to find out the optimum requirement of inventory, he must turn toward a lean manufacturing process where the wattage is minimum and try to implement a Just In Time inventory system that uses a minimum inventory level and use parts and inventory as they are needed during the production, without storing them.
However, to do this he must first negotiate with the suppliers and build a strong and sustainable communication channels and see if the suppliers can do this in time as he needs it.
Explanation:
Answer: quantity
~ Plato users
Which option best describes decision making?
O A.
It is the process of choosing an option from two or more alternatives.
B.
It is the process of choosing the best solution from various options.
C. It is the process of finding the perfect solution from various alternatives.
OD. It is the process of solving a problem.
Answer:
Probably A It is the process of choosing an option from two or more alternatives.
Explanation:
Decisions aren't always right so not B or C and solving a problem isn't a decision
Answer:
A
Explanation:
Got it right on the test
Find the amount of interest earned by a deposit of $2450 for 6.5 years at 5.25% compounded
monthly.
Answer:
$3443.86
Explanation:
a=p(1+r/n)^nt
a=2450(1+.0525/12)^12*6.5
3443.86
The amount of interest earned by the deposit is $780.74.
Explanation:To find the amount of interest earned by a deposit, we can use the formula for compound interest:
Amount = Principal (1 + [rate/n])^(n×t)
Where:
Principal = $2450Rate = 5.25%Compounded monthly, so n = 12Time = 6.5 years, so t = 6.5Plugging in the values, we get:
Amount = 2450(1 + 0.0525/12)^(12×6.5)
Solving this equation, we find that the amount after 6.5 years is approximately $3230.74.
To find the interest earned, we subtract the principal amount:
Interest = Amount - Principal = $3230.74 - $2450 = $780.74
Therefore, the amount of interest earned by the deposit is $780.74.
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Which responsibility belongs to the marketing function
Answer:
Marketing deals with the existing and the potential market segments of a business essential and are responsible for the product, pricing, placing the product in the market and in the mildest of the consumer and promotion of the product.
Moreover, Markering is responsible for provide the upto date information of the consumers and to identify new trends and opportunities in the market as well.
Explanation:
Name a investment product offered by a bank
Answer:
Pensions, hedge funds, equity, and mutual funds.
Explanation:
Max works as the content manager on a website for car racing enthusiasts. The
pathway in the Information Technology career cluster that Max's job falls into is?
A. Network systems
B. Information support and services
C. Web and digital communication
D. Programming & software development
Option D
The pathway in the Information Technology career cluster that Max's job falls into is Programming & software development
Explanation:
The programming and software development pathway covers professions that comprise the idea, evolution, implementation, and sustenance of machine practices and software, demanding acquaintance of network systems, semantics, and developing software.
Personalities with expertise in programming and software development performance with technologies to advance future outcomes for adoption by manufacturers and users. The Programming and Software Development pathway will witness accelerated germination due to a massive expansion in the market for computer software. Personalities with expertise in this specialty are a huge need.
Generally how many days does a person have to make a payment for their purchases on a credit card bill before interest starts to accrue?
A)30
B)no answer is correct
C)1
D)60
PLEASE HELPPP
Answer: B)
Explanation: Most credit card companies have a 21 day "Grace period".
Which two of the following are benefits of consumer programs?
Answer:
1) They help prosecute companies that sell unsafe products to consumers.
THIS ONE IS WRONG!!! ''They help consumers identify the best product reviews from various sources.''
Explanation:
Edmentum users.
Tom Brown decided to purchase a new bike on installment loan the bike was $300 he agreed to pay $30 a month for 12 months what is the financial charge in dollars
Answer:
$60
Explanation:
A financial charge is the cost of credit. It refers to the fee that one pays for using some credit facility. A financial charge, therefore, is the interest paid on credit granted to a borrower.
In this case: Cost of the Bike was $300
Tom agreed to pay $30 per month for 12 months on installment payment.
The total amount paid:
= $30 x 12
=$360
Original pride of the bike was $300; the financial charge will be
=$360- $300
=$60
Frank, the head of the accounting department in a manufacturing firm, has established strong internal accounting controls in place. He recently learned that some of the employees are not following the controls despite the instructions that they were given. The employees’ actual performance has thus deviated from their expected performance. Frank plans to identify the cause of such deviation and take corrective action at the earliest. Which element of internal accounting controls relates to Frank’s decision related?
A.
risk assessment
B.
control environment
C.
control procedures
D.
information and communication
E.
monitoring
Answer:
The correct answer is E: Monitoring
Explanation:
The internal accounting control known as monitoring is defined as a business monitoring performance and expecting employees to comply with internal controls. If some employees fail to act accordingly, the business must identify the cause and find a solution.
Which of these technological advances had the least direct effect on economic growth in the U.S.?
A)
The incandescent light bulb
B)
The assembly line
C)
The diesel engine
D)
The telegraph
Answer: D: The telegraph
Explanation:
The telegraph, though it definitely added to the possibilities for economic growth, did not lead to as many immediate applications to industrialization as the other three choices.
Answer D the telegraph
Explanation:
Just did on usatestprep
How are socialism and communism similar yet different?
Answer:
How are socialism and communism similar yet different?
In socialism government has partial control of the economy while in communism the government controls everything and it does not give room for capitalism. In summary, Communism is the extremism of socialism
Explanation: