Answer:
Limited Liability Company
Explanation:
Limited Liability company refers to a form of business which has characteristics of both partnership and a corporation. In a limited liability company, the owner's liability is limited to the amount of capital contributed by them.
Such a set up retains the traits of a company wherein capital can be raised from public for expansion, at the same time depicts some aspects of partnership with respect to profit sharing.
In the given case, Joe and Kersey are desirous of opening a magic and novelty shop with vision to expand the number of such shops in the near future. The priority being limiting the liability and lowering cost with least required formalities for start up.
The best option would be to form a limited liability company( LLC).
Final answer:
Joy and Kersey's best option for opening their novelty shop with limited liability and minimal formalities is establishing a Limited Liability Company (LLC). An LLC offers liability protection like a corporation but with fewer administrative requirements and could be less costly.
Explanation:
Joy and Kersey want to open a magic and novelty shop as Jo-Kers and are looking for the best business structure that provides limited liability with the lowest cost and the fewest start-up formalities. Considering their needs, forming a Limited Liability Company (LLC) is likely their best option. An LLC combines the liability protection of a corporation with the tax efficiencies and operational flexibility of a partnership.
The process to establish an LLC typically includes choosing a unique business name, filing the Articles of Organization with the appropriate state agency, and paying a filing fee, which is relatively low compared to starting a corporation. Additionally, an LLC does not require a board of directors, shareholder meetings, or annual reports in most states, making it less cumbersome administratively than a corporation.
Select three characteristics of strategic decisions.
__ Long term, yearly, and multi-year time frames
__ Short term, daily, monthly, yearly time frames
__ Senior management, presidents, leaders, and executives employee types
__ Middle managers and director employee types
__ Unstructured, nonrecurring, one time decision types
Answer:
The correct answers are:
__ Long term, yearly and multi-year time frames.
__ Senior management, presidents, leaders and executives employee types.
__ Unstructured, nonrecurring and one time decision types.
Explanation:
To begin with, the strategic decisions are the ones that focuses in the long term of the company and that may be taken only by high superior managers or leaders of the business due to the fact that a lot of information and understanding of the dynamics of the business is required to make them, therefore it is quite understood that this decisions are unstructued because are the ones that are not taken daily inside the organization and therefore there is a need to plan every part of the strategy in advance and carefully.
Strategic decisions are characterized by long-term timelines, senior management decision-makers, and unstructured, nonrecurring nature. They shape the direction of a company over multiple years and are usually made by top-level executives.
Explanation:Three significant characteristics of strategic decisions include: long term, senior management, and unstructured, nonrecurring decision types. Strategic decisions are typically long-term, extending across multiple years and encompassing projects, initiatives, and investing activities that help to shape the direction of a company.
They are often made by senior management such as presidents, leaders, and executives of a company who have the decision-making authority and the overall vision of the company in their purview.
Lastly, strategic decisions are usually unstructured, nonrecurring, meaning that they tend not to be routine but rather unique decisions rotated around a particular challenge or opportunity the organization is facing at a certain point in time.
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"Creating a signature scent, choosing an original name, and configuring the shape and look of the bottle are all decisions made in the production phase of the value chain for a perfume company."A. TrueB. False
Answer:
False
Explanation:
Creating a signature scent, choosing an original name and configuring thr shape of and look of the bottle are decisions made during the product conceptualization stage.
Before a product is finally available to consumers, the product goes through certain steps. These steps ranges from product development, product conceptualization, to launching, etc.
During the conceptualization stage, the name of a product, the form of the product as well as other appearance related works are the main objectives during the project conceptualization cycle.
I hope this helps.
The statement is true. These decisions are part of the production phase of the value chain in a perfume company. The concepts of value chain also include activities like scent creation, branding like naming the perfume, and packaging including the bottle design.
Explanation:The statement is True. In the production phase of the value chain for a perfume company, the creation of a signature scent, the choice of an original name, and the configuration of the bottle's shape and appearance are indeed made. The value chain is a concept in business management that describes the full range of activities that firms carry out to bring a product or service from conception to final use by end consumers. In the context of a perfume company, this would include scent creation (involving the selection and combination of various essences), branding (including naming the perfume), and packaging (designing the bottle and packaging materials).
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Examples of humans depicted with the features of lions, bison, stags, or even plants suggests A. The existence of a religious life B. The notion that identities are fixed C. The idea that humans could assume the identity of other beings in nature D. A lack of understanding of the basic life cycle
Answer:
A. The existence of a religious life
Explanation:
The creatures which are half-animal and half-human or have features from animal ofter represent goods(Seth, Tiamat) or sons of goods (Horus)
They are described with qualities above normal human, like a good ability o see which is depicted as having the head of a falcon (Horus)
or to have mutation generate by the making of goods ( the medusa was raped by Poseidon and get hair of snakes)
Herbert gained most of the capital for his new start-up project by posting a small demonstration of his product on a website that he created especially for the project. Many people showed genuine interest in his product and donated money to help him launch it. In the given scenario, Herbert:_____.
a. was able to fund his project through venture capital.
b. received money for his venture from angel investors.
c. received money for his venture through crowdfunding.
d. was able to fund his project through seed money.
Answer:d. was able to fund his project through seed money.
Explanation:Seed money is the money given to someone so that they can start their business venture , it is called a seed money because it is like planting a seed knowing that you will enjoy the fruits of its growth. People who give an entrepreneur this money help him or her get a start up capital whilst they also have hope that they would be part of his or her success and likely get the return as their investment in the future.
Which of the following best describes a subsidy? A. Banks make low-interest loans to farmers. B. The government puts a tax of $100 per ton on wheat imports. C. The government pays farmers $100 per ton of wheat produced. D. Farmers pay the government $100 per ton of wheat produced.
Answer:
C. The government pays farmers $100 per ton of wheat produced.
Explanation:
Subsidy is grant/ financial aid given by government to producers of a commodity, to enable its availability in markets at a lower price.
Government paying farmers $100 tone per wheat produced is a subsidy as : It is a financial assistance given by government to reduce wheat's price in markets.
Bank's low interest rate to farmers is just credit ease policy ; Govt putting a tax on wheat imports is opposite of subsidy ; Farmer paying govt $100 per unit wheat is also a form of tax (opposite to subsidy).
What is the meaning of the X- and Y-intercepts? A. These points demonstrate an inefficient use of resources. B. These points show the preferred amount of goods X and Y that a society will produce. C. These are the limits of production if all resources are used to produce only one good. D. These are the limits of production if all resources are used to produce both goods. Suppose the economy produced at a point inside the PPF. Why would an economy produce at this point? A. Inefficient production at full employment. B. Lack of the best possible technology. C. Unemployment or underemployment. D. All of the above. Suppose you succeeded in lifting your economy to a point on its PPF. What point would you choose? How might your small society decide the point at which it wanted to be? A. This depends on the value the society places on necessities and luxuries. B. The society will choose a combination that includes more luxuries than necessities. C. The society will choose a combination that includes the same amount of necessities and luxuries. D. A and C only.
Answer:
What is the meaning of the X- and Y-intercepts?C) These are the limits of production if all resources are used to produce only one good.
When the production possibilities frontier (PPF) intersects the X or Y axis, it shows the maximum output level if all the resources are used to produce only one good.
Why would an economy produce at this point?D) All of the above.
When an economy is producing at either intersection point (X or Y), it is usually not because of extreme specialization but rather due to failures or negative factors that prevent the production of the other good. Employment failures that lead to an ineffective allocation of labor or capital deficiencies which result in an ineffective allocation of capital resources (including technology).
Suppose you succeeded in lifting your economy to a point on its PPF. What point would you choose? How might your small society decide the point at which it wanted to be?A) This depends on the value the society places on necessities and luxuries.
The theory behind the PPF not only applies to economies, it also applies to consumers and the consumption possibilities frontier (CPF). Consumers decide what products to buy depending on how they want to satisfy their needs, either by purchasing products that satisfy basic necessities or purchasing luxury products.
A publisher receives cash for a magazine subscription during Year 1. The publisher sends magazines on a monthly basis to that customer in Year 2. According to the revenue recognition principle, the publisher should report the related magazine subscription revenue in its income statement for Year 1 since it received cash for the magazine subscription in Year 1.
Answer:
FALSE
Explanation:
The revenue recognition principle state the firm will only reocgnize a revenu once the sercvice is performed. in this case the revenu should be recognize over time after each magazine is delivered or through adjusting entries at year-end or quarter-end. Never entirely as this represent an obligation to delivwer this magazines or return the money. It isn't revenue. It is a liability which becomes revenue over time.
The publisher should recognize and report the magazine subscription revenue in the same period when the magazines are delivered, not necessarily when the money was received. Thus, revenue is recognized in Year 2, according to the revenue recognition principle in accrual accounting.
Explanation:In the context of the revenue recognition principle, the publisher would not report the revenue in Year 1, even though the cash was received during that time. This principle, critical in accrual accounting, requires that revenue is recognized and reported in the income statement during the period in which it is earned, regardless of when payment is received.
In this example, since the magazines are delivered in Year 2, the revenue from the sale is recognized in Year 2, when the service (delivering magazines) is actually being performed. Put simply, the revenue recognition principle dictates that revenues are recognized when earned, not necessarily when received.
It helps ensure the financial statement reflects the company's actual financial performance for a specific period. In the provided context, the magazine subscription revenue is earned in Year 2 and hence should be reported in Year 2's income statement according to the accrual accounting method.
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The marketing activity that involves planning, implementing, and controlling the physical flow of materials, final goods, and related information from points of origin to points of consumption to meet customer requirements at a profit.True / False.
Answer:
False, because marketing activities generates product demand through its campaigns and segment targeting. Marketing enables the enhancement of product flow and defines the way the product must be distributed. The defination relates to logistics management. Logistic management is part of supply chain which includes from whom to purchase?, Where must the product reach in order to meet the customer needs and wants? and controlling this whole structure is the management of logistics.
When a pharmaceutical company purchases a new fleet of Toyota Priuses for its sales staff, each of whom travels many miles daily on client visits, the company is consideredA. an entrepreneur. B. a reseller. C. an organizational buyer. D. an ultimate consumer. E. a marketing channel.
Answer:
C. an organizational buyer
Explanation:
organizational buyer - it is referred to as a section of professionals who represent any business. There are three types of buyers namely: the average spenders, the spendthrift, and tightwads
the spendthrift - it comprises 14% of the population of the buyer. They considered being the smallest group of the buyer.
Tightwads - comprise 24% of the population of the buyer. These buyers who do enjoy spending money while buying
Average spender - it comprises of 61% of the population of buyers. Their buying ability is based on persuasion and decision.
__________ are norms considered to be less important, are unwritten, and are commonly understood standards of behavior among people who share an identity.
Answer:
Informal norms
Explanation:
These norms are commonly accepted and followed by people in general without having to be stated in written in the form of rules or regulations. These norms are imbibed by people during the course of time by observing body language, culture and behavior.
Nobody is penalized for not following informal norms. It becomes a habit in due course of time.
United Technologies is a good example of a ________ strategy because it uses individual or separate family brand names, including Otis elevators, Carrier heaters and air conditioners, Hamilton Sundstrand aerospace and industrial, and Sikorsky helicopters.
a. branded house
b. sub-brand
c. umbrella branding
d. category extension
e. house of brands
Answer:
e. house of brands
Explanation:
House of brands is when a company has many brands. Each one is independent, with its own target audience. They each communicate a unique brand value to customers.
United Technologies has adopted this strategy by developing various brands: Otis Elevators, Carrier Heaters and Air-conditioners, Sundstrand Aerospace, and Sikorsky Helicopters.
United Technologies employs a 'house of brands' strategy by maintaining unique brand identities for its divisions, such as Otis, Carrier, Hamilton Sundstrand, and Sikorsky helicopters, each with its own marketing and brand strategies.
United Technologies is a good example of a house of brands strategy. This approach is characterized by a company using individual or separate family brand names for different product lines or services it offers. United Technologies maintains distinct brand identities for each of its divisions, such as Otis elevators, Carrier heaters and air conditioners, Hamilton Sundstrand aerospace and industrial, and Sikorsky helicopters. Each of these brands operates independently, with its own brand strategy and marketing approach, which differentiates them from an umbrella branding strategy where a single brand name is used across different products or services.
The Classic Hotel Group has begun to offer entire floors of rooms in its hotels that are smoke-free, adults-only, and pet-friendly. The Classic Hotel Group is responding to changes in sociocultural values observation, secondary sources, marketing research
Answer:
Sociocultural values
Explanation:
Sociocultural values are values that are influenced by an individual's behavior in day to day life. This becomes a habit and eventually a culture. These values impact an individual's decisions as well.
When a hotel is trying to make rooms smoke-free and pet-friendly, it means they are adapting to sociocultural changes that prefer taking pets everywhere.
When entering variables in an Excel functions (or in a financial calculator) the sign convention can be critical to achieving a correct answer. The sign convention says that outflows are negative values'; inflows are positive values. For which variable is this a consideration?
Answer:
The applicable variables are:
Payment
Present value
Future value
Explanation:
The payment function is used to determine periodic repayment on loans or amount to invest at intervals in order to reach a targeted amount in future.Payment formula is given as:=PMT (rate, nper, pv, [fv], [type])
Present value is a financial function in excel used in determining the value of future cash flows in today's terms.That is how much amounts receivable in the future is today.The formulas is given as:=PV(rate,nper,pmt,(fv),type))
The future value is used in determining how much an certain amount or investment is worth at future time
Qs 3-2 computing accrual and cash income lo c1 in its first year of operations, roma co. earned $64,000 in revenues and received $56,000 cash from these customers. the company incurred expenses of $35,000 but had not paid $8,100 of them at year-end. the company also prepaid $11,500 cash for costs that will not be expensed until the next year. calculate the first year's net income under both the cash basis and the accrual basis of accounting.
Answer:
$17,600 ; $29,000
Explanation:
The computation of the net income is shown below:
Based on Cash basis
= Received cash - Expenses incurred in cash - prepaid expenses
= $56,000 - $26,900 - $11,500
= $17,600
Based on Accrual basis
= Revenue earned - expenses incurred
= $64,000 - $35,000
= $29,000
The cash expenses incurred is
= $35,000 - $8,100
= $26,900
For the cash basis accounting, the net income is $17,600. In contrast, the net income under the accrual basis accounting is $40,500. This difference arises due to the differing treatment of cash flow and expense recognition between these two accounting methods.
Explanation:To calculate the net income under the cash basis and accrual basis of accounting, first, you need to understand the difference between them. The cash basis recognizes revenues and expenses only when cash is received or paid. The accrual basis, however, records revenues and expenses when they are earned and incurred, regardless of when money is exchanged.
Under the cash basis:
Revenue recognized = cash received from customers = $56,000Expenses recognized = cash paid for expenses (total expenses - unpaid expenses) + prepaid costs = ($35,000 - $8,100) + $11,500 = $38,400Net income = Revenue - Expenses = $56,000 - $38,400 = $17,600Under the accrual basis:
Revenue recognized = earned revenue = $64,000Expenses recognized = incurred expenses (total expenses - expenses not yet incurred) = $35,000 - $11,500 = $23,500Net income = Revenue - Expenses = $64,000 - $23,500 = $40,500Learn more about Cash Basis and Accrual Basis Accounting here:https://brainly.com/question/33698325
The Toyota Prius is a gasoline-electric hybrid car that gets 54 miles to the gallon. An article in the Wall Street Journal notes that sales of the Prius have been hurt by low gasoline prices and that: "Americans are now more likely to trade in a hybrid or an electric vehicle for an SUV." Does the article indicate that gasoline-powered cars and gasoline are substitutes or complements? Briefly explain.
Answer:
In the article since Toyota Prius is partly run by fuel it's sale is hurt by lowering of gasoline price. So more gasoline leads to less Toyota Prius sales. This indicates substitution.
On the other hand considering wholly gasoline powered cars, when prices of gasoline goes down, more gasoline is purchased and people tend to trade in their Toyota Prius for gasoline cars. In this case relationship is complimentary as increase in sale of gasoline leads to increase in sale of gasoline cars.
Explanation:
any constituent who has a claim in some aspect of a company's products, operations, markets, industry, or outcomes is known as what?
Answer:
Stakeholders
Explanation:
A stakeholder is anybody to takes key interest in the functioning of an organization. Stakeholder is directly or indirectly affected by the success and failure of the organization. A stakeholder could be an investor who has invested money in the firm; a customer who uses the products manufactured by the firm; a debtor who owes money to the firm or creditor who the firm owes money.
As such, a stakeholder is related to the firm through one or the other medium such as markets, industry or operations.
Jamil believes that his new Web site is the best way to sell the furniture that he makes in his workshop. If Jamil sells his work exclusively via the Web and ships to interested customers, he is most likely using a(n) _______ to distribute his products.
Answer:
Direct channel
Explanation:
Manufacturers when directly reach out to the customers by making the product available to them without involving any intermediaries are using direct channel of distribution.
in this case, Jamil sells furniture made by him directly to the customers by advertising it on his website. He is using direct channel of distribution in this case.
In the context of organizational environments, which of the following is true of mechanistic organizations? a. They are characterized by loosely defined and frequently changing roles. b. They are characterized by specialized jobs and responsibilities. c. They are characterized by horizontal communication based on task knowledge. d. They are characterized by decentralized authority.
Answer:
The correct answer is B
Explanation:
Organizational environment is the environment which is comprise of the forces that surrounds the firm which affect the resources, performance and operations.
Mechanistic structure, it is also called as the structure of bureaucratic, which is defined as the organizational structure which is grounded on the centralized and the formal network. It is characyerized through the particular responsibilities as well as jobs. Under this structure, it is easy as well rarely needs to changed when the firm operates in an environment which is stable.
Mechanistic organizations are characterized by specialized jobs and responsibilities, with a clear hierarchy and defined roles. Communication follows the chain of command, from top down. These features differentiate them from more fluid, organic organizations.
Explanation:In the context of organizational environments, mechanistic organizations are best described by choice b: They are characterized by specialized jobs and responsibilities. A mechanistic organization typically features a strict hierarchy, with clear lines of responsibility and authority. Each individual has a defined role, with clearly outlined duties and tasks. Communication often follows the chain of command, flowing from the top down. This contrasts with organic organizations, which tend to be more fluid, with roles and responsibilities often changing and shared authority.
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If you compute the price elasticity of demand using a quantity of tickets from 1 to 8 and using a quantity of tickets from 1,000 to 8,000, the value of the price elasticity of demand is a.equal to one in both cases. b.larger when values from 1.000 to 8.000 are used because these values are larger than units 1 to 8. c.the same because the percentage change in quantity demanded will remain the same. d.smaller when values from 1,000 to 8,000 are used because these values are larger than units 1 to 8.
Answer:
c.the same because the percentage change in quantity demanded will remain the same.
Explanation:
If you compute the price elasticity of demand using a quantity of tickets from 1 to 8 and using a quantity of tickets from 1,000 to 8,000, the value of the price elasticity of demand is the same because the percentage change in quantity demanded will remain the same.
The price elasticity of demand is measured by the formula 'the percentage change in quantity demanded in response to a one percent change in price.'
Therefore, price elasticity will not because: 1000/2000 units will give the same % change as 1/2.
Stefan is having discussions with customers, product enthusiasts, and other people who engage in online discussions. Which informal process to gather insights and guide his research efforts is he engaged in? A. Asking his supervisor for input
B. Talking with supervisors and colleagues
C. Considering the audience's perspective
D. Listening to the community
E. Reading reports and company documents
Answer:
The correct answer is option (D).
Explanation:
According to the scenario, having a discussion with customers and product enthusiasts show as listening to the community related to the products and this is also an informal process to gather insights.
While the other options are incorrect because of the following reasons:
Option (A) shows the formal process. Option (B) is not correct because the scenario describes the discussion with customers. Option (C) is not correct because he is discussing to get an insight about the products. Option (D) is not correct because the scenario describes the discussion with customers.Stefan is carrying out the informal process of listening to the community to gather research insights, involving discussions with various stakeholders and utilizing methods such as advisory boards and interviews.
Explanation:Stefan is engaging in an informal process to gather insights and guide his research efforts by listening to the community. This involves having discussions with customers, product enthusiasts, and other individuals participating in online communities. Alternatives to formal research include seeking input from an advisory board, consulting with professionals, gathering information from stakeholders, and conducting interviews. Utilizing such information allows for a phase called reflective observation, where insights are developed through interaction and consideration of various perspectives, leading to a more comprehensive understanding of the research topic.
From a building designer's standpoint, three things that make a home livable are the client, the building site, and the amount of money the client has to spend.According to the passage, to make a home livable:________
a. the prospective piece of land makes little difference.
b. it can be built on any piece of land.
c. the design must fit the owner's income and the site.
d. the design must fit the designer's income.
Answer:
c. the design must fit the owner's income and the site.
Explanation:
For any building designer, be it Architect, civil engineer or builders, one thing is there major concern, which is the client specification. the building is design according to what the client desired. the building designer can only advised the client on a better design to suit the client specification based on his experience.
Therefore, a home is livable if the designer design the building based on the client income and site. the bigger the design, the more the money to be spent in the construction stage.
Also, Prior to the building construction, a building designer will have get the bill of quantity of the proposed building, which is the total cost that will finished the building. This will enable the client and the building designer to work on the available cost.
With all this precautions put in placed, the building will be livable.
Final answer:
To make a home livable, the design must align with the owner's income and the specific characteristics of the building site, also taking into account broader factors such as accessibility, habitability, and connection to essential services.
Explanation:
From a building designer's standpoint, three things make a home livable: the client's needs and preferences, the physical characteristics of the building site, and the budget available for the project. To make a home livable, option (c) is correct: the design must fit the owner's income and the site. This requires a thoughtful balance between affordability, habitability, and accessibility, ensuring that housing costs are aligned with wages, the home provides protection from the elements, and it accommodates the specialized needs of its occupants. Additionally, the location of the housing should provide access to jobs, educational facilities, and services, underscoring the importance of choosing the right piece of land in context to the environment and community needs.
The source texts highlight the complexity of creating livable environments that support access to essential resources and services, reflect the realities of local environments and lifestyles, and are shaped by economic considerations. Designers must work within these constraints to create homes that meet their clients' needs while being responsive to the larger community and environmental context.
You graduated from college two years ago and began working at Hampstead Electronics. You have received good performance evaluations and a raise. You just found out that your organization has hired a recent college graduate with no experience at a higher salary than you are now making. You consider this an unfair act and resolve to do something about it. Which of the following theories best describes such a situation?A) equity
B) expectancy
C) goal setting
D) reinforcement
E) self-enhancement
Answer: (A) Equity
Explanation:
The equity is the term which refers to the financial equity difference between liabilities value to the assets value. It basically helps in understand the investment process properly and also define the worth of the business in terms of assets.
According to the given question, the equity is one of the type of theory that help[s in understanding the given unfair situation. It helps in managing all the technical skills and evaluating the given situation properly by using the systematic approach.
Therefore, Option (A) is correct answer.
The theory that best describes the situation of feeling unfairly compensated compared to a less experienced colleague with a higher salary is the equity theory, which suggests individuals seek fairness in compensation based on their contributions relative to others.
Explanation:The situation you described aligns closely with equity theory, which is concerned with the fairness of social exchanges. Equity theory posits that individuals are motivated by a sense of fairness in the exchange process and evaluate the fairness by comparing their inputs and outputs relative to others. In your case, discovering that a coworker with less experience is earning a higher salary creates a perception of inequity, since you have contributed more through experience and tenure but are receiving less in compensation. This perceived imbalance propels you to seek justice or a restoration of equity, which may include negotiating a raise or reassessing your own employment situation.
Cynthia works at an engineering firm in Arizona that installs transmission lines and works with the electrical systems of buildings. She is in charge of strategic planning. Mostly her firm has worked with cities such as Tucson and Phoenix. Once in a while they will receive a major project from the state, such as renovating a government building in the capital. However, Cynthia's firm wants to expand its target market beyond government projects. Under her direction, the marketing team launched an initiative to target more potential clients in different areas. Two areas in which Cynthia would like to expand include colleges and large for-profit businesses. Refer to Scenario 6.1. A market is a group of individuals and/or organizations that have a desire or need for products in a product class and have the ability, willingness, and authority to purchase those products. There are two types of markets. Cynthia's organization targets the.
Answer:
Business Market
Explanation:
Cynthia works at an engineering firm in Arizona that installs transmission lines and works with the electrical systems of buildings. She is in charge of strategic planning. Mostly her firm has worked with cities such as Tucson and Phoenix. Once in a while they will receive a major project from the state, such as renovating a government building in the capital. However, Cynthia's firm wants to expand its target market beyond government projects. Under her direction, the marketing team launched an initiative to target more potential clients in different areas. Two areas in which Cynthia would like to expand include colleges and large for-profit businesses. Refer to Scenario 6.1. A market is a group of individuals and/or organizations that have a desire or need for products in a product class and have the ability, willingness, and authority to purchase those products. There are two types of markets. Cynthia's organization targets the.,,,,,
Cynthia's firm is interested in the business markets
A market is a place where buyers and sellers meet to transact goods and services. Business markets are essentially marketplaces corporations/organizations buys raw materials and components for finished products.
In this contest Cynthia's company will be interested in a business market because there are organisations that are in need of what her company produces. They have the capacity and the financial resources to purchase transmission lines and electrical installation services
Answer: The answer is Business market
Explanation:
A market can be defined as a people with need to satisfy, in which they also have the money to spend in order to satisfy these need and the willingness to spend the money to satisfy their need. A market is made up of the following kind which are
Consumer market : This market is made up of people who buy goods for personal use only and not for the purpose of reselling the goods for profit.
Industrial market : These markets consist of those individuals and organizations who buy goods and services for use in the production of other products or services
Institutional market: These markets consist of institutions such as schools, colleges, hospitals, universities, who buy goods in large quantities for use in the production of their own goods and services.
Resellers market: These consist of middlemen such as wholesalers and retailers who buy finished goods and resell them for the purpose of making a profit.
Business market : This is a market which consist an organization who buy finished goods for the production of their own goods and services
If the equation y = 50x + 25 represents the amount of (y) money it costs to rent a car for (x) days, how long could you rent a car for if you had 775 dollars?
Final answer:
Using the equation y = 50x + 25 and solving for x with y set to 775 dollars, you find that you could rent a car for 15 days.
Explanation:
To find out how long you could rent a car for with 775 dollars using the equation y = 50x + 25, where y represents the amount of money it costs and x represents the number of days, we need to solve for x. First, we substitute 775 for y to obtain 775 = 50x + 25. To solve for x, subtract the y-intercept, 25, from 775 and then divide the result by the slope, 50, which gives us:
x = (775 - 25) / 50
x = 750 / 50
x = 15 days
Therefore, with 775 dollars, you could rent a car for 15 days.
In which of the following conditions does arbitrage occur?
A. When a firm sells a product at higher prices to make a profit from relatively fewer sales.
B. When a firm prices its products at the least cost, risking losses, in order to grab market share.
C. When a firm offers a product at low prices through discount coupons and promotions.
D. When a firm purchases products in a country where prices are lower and resells them in a country where prices are higher.
E. When a firm imports products from a manufacturer and distributes them directly through retail outlets.
Answer:
D. When a firm purchases products in a country where prices are lower and resells them in a country where prices are higher.
Explanation:
Arbitrage is the buying of products/commodities such as shares at a given price and (in most cases) instantly selling at a profit in a different market/country. Differences in exchange rates are often exploited in the execution of an arbitrage to make a profit. Arbitrage is legal.
In other words, arbitrage can be said to occur when a firm purchases products in a country where prices are lower and resells them in a country where prices are higher.
Jones Company has Cash of $600, Accounts Receivable of $500, Office Supplies of $100, and a Building with a cost of $50,000. Jones Company owes $300 on Accounts Payable and has Salaries Payable of $200. What is Jones Company’s ratio?
Answer:
The correct answer is 2.40.
Explanation:
According to the scenario, given data are as follows:
Cash = $600
Accounts Receivable = $500
Office supplies = $100
Cost of Building = $50,000
Accounts payable = $300
Salaries payable = $200
So, company's ratio can be calculated by following formula:
Company Ratio = Current Assets / Current Liabilities
Where, Current Assets = ( Cash + Accounts Receivable + Office supplies )
= ( $600 + $500 + $100 ) = $1,200
Current Liabilities = ( Accounts payable + Salaries payable )
= ( $300 + $200 ) = $500
Hence, Company Ratio = $1200 / $500
= 2.4
So, Jones Company's ratio is 2.4.
Both liberals who believe that the ethical assessment of work should be based on how work affects the workers' ability to make free and autonomous decisions about their lives and the human fulfillment school that makes that judgment on the basis of what makes a good meaningful human life are saying essentially the same thing.
a) true
b) false
Explanation:
Ethical assessment of work: It purely depends on the office environment. I can explain like,
how much of employee-friendliness exists in the company, how the work-life balance of employee experiencesThe amount of work pressure that the employee faceThe independence that they have in doing their work creatively or scope for creativity.Rather, human fulfillment school, purely deals with personal life. Its full of humanness.
So both are entirely different. Hence the statement stands false.
Most global firms find it is better to have expatriates as their expatriates often are well-trained in skills and technical capabilities and much better prepared for the host country culture.True / False.
Answer: True
Explanation:
Expetraites are well-trained and experience for most host countries, they are also an advantage as they use their vast knowledge to train host country workers.
An estimation technique characterized by the dividing the project into smaller modules and then directly estimating the time and effort in terms of person-hours, person-weeks, or person-months for each module best describes__________
Answer:
Bottom-Up Estimating
Explanation:
Bottom-Up Estimating is a task the board strategy where the individuals who will take every necessary step partake in the evaluating procedure.
They work with you, the venture administrator, to create gauges for errands in the work breakdown structure.
It includes the estimation of work at the most reduced conceivable degree of detail.
If an amount of $2,000 is borrowed at a simple interest rate of 10% for 3 years, how much is the interest?
Final answer:
The simple interest accrued on a $2,000 loan at a rate of 10% for 3 years is $600. This is calculated using the simple interest formula I = PRT.
Explanation:
To calculate the simple interest on a loan, you can use the formula I = PRT, where I is the interest, P is the principal amount, R is the rate of interest per year, and T is the time in years the money is borrowed for. For a $2,000 loan at a simple interest rate of 10% for 3 years, the interest is calculated as follows:
P (Principal) = $2,000R (Rate) = 10% or 0.10T (Time) = 3 yearsUsing the formula: I = PRT = $2,000 × 0.10 × 3 = $600.
Therefore, the simple interest accrued on the loan after 3 years is $600.