The 8 stages of communication are Planning, Crafting a message Source selection, Medium selection, Transmitting the message, Message reception, Message decoding, Feedback.
1. Planning: This stage involves setting communication objectives and developing a strategy to achieve them.
2. Crafting a message: This stage involves creating the right message to reach the desired audience.
3. Source selection: This stage involves deciding which medium to use to convey the message.
4. Medium selection: This stage involves selecting the most appropriate medium or combination of media for the message.
5. Transmitting the message: This stage involves transmitting the message via the chosen medium.
6. Message reception: This stage involves the audience receiving the message.
7. Message decoding: This stage involves the audience understanding and interpreting the message.
8. Feedback: This stage involves the audience providing feedback on the message and its delivery.
In the case of a miscommunication between shareholders or directors of a company that results in the closing of the company, there are likely to be verbal and non-verbal miscommunications in the 8 stages of communication.
During source selection, the wrong medium might be chosen, preventing the message from reaching the right audience. During medium selection, the chosen medium might be inadequate or too complex. When transmitting the message, a medium might be selected that is not capable of conveying the desired message.
When the message is received, it might be misinterpreted due to a lack of clarity. During message decoding, the meaning of the message might be lost due to the non-verbal elements not being accurately expressed.
Finally, the feedback from the audience might not be adequately heard and acted upon, leading to a miscommunication that can result in the closing of the company.
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What were some of the e-business innovations using Web technologies that were introduced by Amazon.com, Netflix.com, Dell.com, and Landsend.com? Explain
The e-business innovations using Web technologies that were introduced by Amazon.com, Netflix.com, Dell.com, and Landsend.com
Amazon.com - one click Netflix.com - Subscriptions based services.Dell.com - personalizing computers.Landsend.com - virtual fitting roomsSome of the e-business innovations using Web technologies that were introduced by Amazon.com, Netflix.com, Dell.com, and Landsend.com are:
1. Amazon.com: Amazon introduced the "one-click" purchase option, which allows customers to quickly and easily make a purchase without having to re-enter their payment and shipping information each time. They also introduced customer reviews and recommendations, which allows customers to share their experiences and opinions about products with other potential buyers.
2. Netflix.com: Netflix revolutionized the way people consume media by introducing the concept of streaming movies and TV shows online. They also introduced the idea of a subscription-based service, where customers pay a monthly fee to access unlimited content.
3. Dell.com: Dell introduced the idea of customizing and personalizing computers online. Customers can choose the specifications they want for their computer, and it will be built to order and shipped directly to them.
4. Landsend.com: Lands' End introduced the concept of virtual fitting rooms, where customers can "try on" clothes online using their own measurements and see how they would look in different sizes and styles.
These innovations have greatly improved the customer experience and have had a significant impact on the way people shop online.
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A friend of yours has invented a unique and useful new product. This friend is a fashion designer by profession and understands very little about marketing and selling this new product. She does understand, however, that "Nothing happens until someone sells the products". She has asked you to describe three general factors that need to be considered when you market a product. Make an outline of what you will say
There are a number of general factors that need to be considered when marketing a product. Here are three of the most important ones Target market,Pricing,Distribution.
1. Target market: The first thing you need to consider when marketing a product is who your target market is. This means thinking about who your ideal customer is, what their needs and wants are, and how your product can meet those needs and wants. By understanding your target market, you can tailor your marketing efforts to appeal to them specifically and increase the chances of making a sale.
2. Pricing: Another important factor to consider when marketing a product is pricing. You need to think about how much your product will cost to produce and how much you should charge for it in order to make a profit. You also need to consider how your pricing compares to that of similar products on the market and what your target market is willing to pay.
3. Distribution: The final factor to consider when marketing a product is distribution. This means thinking about how you will get your product to your target market. Will you sell it online, in stores, or through other channels? You also need to think about how you will ship your product and how you will handle returns and exchanges.
By considering these three factors, you can create a marketing plan that will help you successfully sell your friend's new product.
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What is benchmarking, and how are ratios used in the development of strategies?What hard evidence can you cite that indicates a company’s strategy is working fairly well (or perhaps not working so well, if your company’s performance is lagging that of rival companies)?How is benchmarking useful in these situations?
Benchmarking is the process of comparing a company's performance, processes, and practices against those of other companies in the same industry or against industry best practices. This can help identify areas for improvement and develop strategies for achieving competitive advantage.
Ratios are used in the development of strategies by providing insight into a company's financial health and performance. For example, a company may use profitability ratios to assess how well it is generating profits, or liquidity ratios to determine its ability to meet short-term obligations. These ratios can be compared against industry benchmarks to identify areas for improvement and develop strategies for achieving competitive advantage.
One way to assess the effectiveness of a company's strategy is to compare its financial performance against that of its competitors. This can be done using financial ratios, such as return on assets, return on equity, and profit margin. If a company's ratios are significantly lower than those of its competitors, this may indicate that its strategy is not working as well as it could be.
Benchmarking is useful in these situations because it provides an objective standard against which a company can measure its performance. By comparing its performance against industry benchmarks, a company can identify areas for improvement and develop strategies for achieving competitive advantage. This can help the company stay competitive and achieve its business goals.
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1. Beth and Elsa are planning to rent a spot for 3 days in a bazaar to sell the medicinal concoctions they made for P349.75 each. The rent and other expenses for the 3-day bazaar amounted to 6,300.00. If the cost to make each medicinal concoction is 199.75, calculate for the number of items that they must be able to sell in order to achieve break-even. Then compute for the break-even amount.
2. Aya spends 64,200.00 to order various merchandise online. The shipping fee is 10% of the total cost of what Aya ordered. If she wants to have a 40% markup based on cost, how much should be the selling price for all of her merchandise?
Explanation:
To calculate the number of items that Beth and Elsa need to sell to break even, we need to first calculate their total costs.
Total cost = Rent + Other expenses + Cost to make each medicinal concoction
Total cost = 6,300.00 + (199.75 x number of items)
Since they plan to sell the medicinal concoctions for P349.75 each, their revenue for each item sold would be P349.75.
To break even, their revenue should be equal to their total cost.
Revenue = P349.75 x number of items
Revenue = Total cost
P349.75 x number of items = 6,300.00 + (199.75 x number of items)
149.00 x number of items = 6,300.00
Number of items = 42.28 (rounded up to 43)
Therefore, Beth and Elsa need to sell at least 43 items to break even.
To calculate the break-even amount, we simply multiply the number of items they need to sell by the selling price of each item:
Break-even amount = P349.75 x 43 = P15,007.25
Aya's total cost for ordering various merchandise online is P64,200.00. The shipping fee is 10% of this total cost, which is:
Shipping fee = 10% x P64,200.00 = P6,420.00
Aya's total cost, including the shipping fee, is:
Total cost = P64,200.00 + P6,420.00 = P70,620.00
To have a 40% markup based on cost, we need to add 40% of the total cost to the original total cost:
Selling price = Total cost + 40% of total cost
Selling price = P70,620.00 + (40% x P70,620.00)
Selling price = P70,620.00 + P28,248.00
Selling price = P98,868.00
Therefore, Aya should sell all of her merchandise for P98,868.00 to have a 40% markup based on cost.
1. Beth and Elsa must be able to sell 42 items in order to achieve break-even. The break-even amount is 14,689.50.
2. The selling price for all of Aya's merchandise should be 98,868.00.
1. To calculate the break-even point, we need to find the number of items that must be sold to cover the total cost of the bazaar and the cost to make each medicinal concoction. The formula for break-even point is:
Break-even point = Total fixed cost / (Selling price - Variable cost)
Total fixed cost = 6,300.00
Selling price = 349.75
Variable cost = 199.75
Break-even point = 6,300.00 / (349.75 - 199.75)
Break-even point = 6,300.00 / 150.00
Break-even point = 42 items
Therefore, Beth and Elsa must be able to sell 42 items in order to achieve break-even.
To compute for the break-even amount, we simply multiply the break-even point by the selling price:
Break-even amount = Break-even point x Selling price
Break-even amount = 42 x 349.75
Break-even amount = 14,689.50
Therefore, the break-even amount is 14,689.50.
2. To calculate the selling price for all of Aya's merchandise, we need to find the total cost including the shipping fee and then add the 40% markup. The formula for selling price is:
Selling price = Total cost + (Total cost x Markup)
Total cost = 64,200.00 + (64,200.00 x 0.10)
Total cost = 64,200.00 + 6,420.00
Total cost = 70,620.00
Selling price = 70,620.00 + (70,620.00 x 0.40)
Selling price = 70,620.00 + 28,248.00
Selling price = 98,868.00
Therefore, the selling price for all of Aya's merchandise should be 98,868.00.
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Experience working with diplomatic personnel is desirable.
Please explain how you meet this criterion using examples.
Experience working with diplomatic personnel is a valuable asset in any profession. I have had multiple opportunities to engage with diplomatic personnel in my past roles, ranging from coordinating events to providing administrative support.
For example, in my current role I have been responsible for organizing meetings with foreign dignitaries, providing logistical and communication support, and managing the relevant paperwork. I have also worked on the organization of official ceremonies and meetings between the diplomatic personnel and key stakeholders.
These experiences have given me the skills needed to provide excellent diplomatic service. I am comfortable engaging with personnel at all levels and possess the diplomatic skills needed to facilitate successful outcomes. I am also able to quickly gain an understanding of any cultural considerations needed in order to interact effectively with diplomatic personnel.
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choosing Starbucks Coffee Company as your organisation
Question 2 (30 Marks)
Assess the vision and mission statements of the organisation. Your answer should consider whether they are in line with the goals and objectives that have been put forward by the organisation.
The vision and mission statements of Starbucks Coffee Company are to inspire and nurture the human spirit—one person, one cup, and one neighborhood at a time.
Their mission statement outlines their commitment to excellence in all areas of their business, from the quality of their coffee to the experience of their customers. They strive to create a welcoming and comfortable atmosphere and to provide customers with the highest quality products and services. These statements are in line with the goals and objectives of the organisation, which are to make Starbucks the most recognized and respected brand in the world, to create a sense of community among customers and employees, and to bring people together.
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What are some economic choices that Teasha had to make? List 5 economic choices
Answer:
scarcity, supply and demand, marginal costs, marginal benefits, and incentives.
Explanation:
Can you please help me with the question i just posted? its for 100 points!
i just really need help!
What variable affecting gross profit should the manager focushis attention? Why?
The variable affecting gross profit that the manager should focus his attention on is the cost of goods sold (COGS).
This is because gross profit is calculated as the difference between the revenue generated from sales and the cost of goods sold. By reducing the cost of goods sold, the manager can increase the gross profit. This can be done by finding cheaper suppliers, negotiating better deals with existing suppliers, reducing waste in the production process, or improving efficiency in the supply chain.
By focusing on the cost of goods sold, the manager can have a significant impact on the gross profit of the business.
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The needs and demands for dental care, oral health and aesthetics worldwide has resulted in the rise of value in dental market. The impact from this situation has led to a significant increase in individuals or companies who wish to exploit in dental market. Some of these providers take a solely commercial approach with less emphasis on professional ethics and patients’ well-being. In many cases, activities are provided by individuals with minimal or no training in dentistry. They may argue that they are not providing a health service but a purely cosmetic service and therefore are not required to adhere to healthcare regulations. Provision of such treatments puts patients at risk of inappropriate treatment and irreversible damage to their oral and general health and may deny them the chance of appropriate redress.
Discuss TWO (2) steps in problem solving that can be used to help navigate the exploit issues in dental market. ( 500 words)
There are several steps that can be used to help navigate the exploitation issues in the dental market. These include developing comprehensive regulatory policies and enforcing stricter enforcement measures.
Develop Comprehensive Regulatory Policies - The first step to solving this issue is to develop comprehensive regulatory policies to help protect consumers and promote ethical practices in the dental market. This should include a minimum set of standards and qualifications for practitioners, as well as a process for filing complaints or grievances when appropriate.
Enforce Stricter Enforcement Measures - The second step is to ensure that the policies are effectively enforced. This should include rigorous inspections and audits of dental practices, as well as regular reviews of practitioner qualifications and complaint records.
By implementing these two steps, it is possible to help navigate the exploitation issues in the dental market. Developing comprehensive regulatory policies and enforcing stricter enforcement measures will help protect consumers and ensure that practitioners are held accountable for their actions.
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What are six drivers for improvement to plans, including the
risk management plans, in an organisation?
The six drivers for improvement to plans, including the risk management plans, in an organization are as follows:
Customer satisfaction, Regulatory compliance, Cost reduction, Innovation, Risk management, Continuous improvement.
Customer satisfaction: Organizations need to ensure that their plans are in line with customer needs and requirements, and that they are able to deliver quality products or services to their customers.
Regulatory compliance: Organizations need to ensure that their plans are in compliance with relevant laws and regulations, and that they are able to meet their legal obligations.
Cost reduction: Organizations need to ensure that their plans are able to reduce costs and improve efficiency, in order to increase profitability.
Innovation: Organizations need to ensure that their plans are able to foster innovation and creativity, in order to stay competitive in the marketplace.
Risk management: Organizations need to ensure that their plans are able to identify and mitigate potential risks, in order to prevent potential losses.
Continuous improvement: Organizations need to ensure that their plans are able to drive continuous improvement, in order to improve performance and achieve their goals.
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When determining the costs of each component of a firm's capital structure, the firm must evaluate the following
a) Total cost of new funds
b) Average cost of new funds
c) Marginal cost of new funds
d) None of the above
The correct answer is c) Marginal cost of new funds.
When determining the costs of each component of a firm's capital structure, the firm must evaluate the marginal cost of new funds.
This is the cost of obtaining an additional unit of capital, which is important for making investment decisions. The marginal cost of new funds takes into account the cost of debt, the cost of equity, and the weighted average cost of capital.
By evaluating the marginal cost of new funds, the firm can determine the most cost-effective way to finance its operations and make investment decisions that will maximize shareholder value.
It is important to note that the total cost of new funds and the average cost of new funds are not the same as the marginal cost of new funds. The total cost of new funds is the total amount of money that the firm must pay to obtain new capital, while the average cost of new funds is the average cost of all the firm's sources of capital.
The marginal cost of new funds is the cost of obtaining an additional unit of capital, which is important for making investment decisions.
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Tom borrowed $7640 for 7 months at an interest rate of 6%. The bank alao charges a $200 processing fee. What is the actual annual simple interest rate for this loan? Consider any fees as part of the total interest.
the actual annual simple interest rate for this loan is 6.11%.
To find the actual annual simple interest rate for the loan, we need to first calculate the interest on the loan and then add the processing fee to get the total interest. Then, we can use the formula for simple interest to find the actual annual interest rate. The formula for simple interest is:
I = P × r × t
Where I is the interest, P is the principal, r is the interest rate, and t is the time in years.
Given:
P = $7640
r = 6% = 0.06
t = 7/12 (since the loan is for 7 months)
First, calculate the interest:
I = P × r × t
I = $7640 × 0.06 × (7/12)
I = $266.80
Now, add the processing fee to get the total interest:
Total interest = I + processing fee
Total interest = $266.80 + $200
Total interest = $466.80
Finally, use the formula for simple interest to find the actual annual interest rate:
Total interest = P × r × t
$466.80 = $7640 × r × 1 (since we want to find the annual interest rate)
r = $466.80 / ($7640 × 1)
r = 0.0611
Therefore, the actual annual simple interest rate for this loan is 6.11%.
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During the first two months of operations, i.e. January and February 2020, Hamzah Inc. produced 6163 and 9711 units of products respectively. Maintenance costs in those two months were $110785, $178810 respectively. The manager, Umar, initially considered maintenance to be a fixed cost, but by the end of the second month of operations, he realized that maintenance cost is probably a mixed cost. He is expecting production and sales to increase to 17153 in the month of March and as such wants a better prediction of maintenance cost.
(a) Using the high-low method, the estimated variable maintenance cost per unit is $ ? unanswered
(b) Using the high-low method, the estimated total fixed maintenance cost is $? unanswered
(c) Using the answers from (a) and (b), the best estimate of maintenance cost for the month of March is $?
The high-low method is a technique used to estimate fixed and variable costs Total cost = $321,315.14. It requires analyzing the highest and lowest levels of activity and the associated costs ,Total cost = $321,315.14
The highest level of activity is in February with 9711 units produced and the lowest level of activity is in January with 6163 units produced.
(a) To calculate the estimated variable maintenance cost per unit, we use the formula:
Variable cost per unit = (Highest cost - Lowest cost) / (Highest activity level - Lowest activity level)
Variable cost per unit = ($178,810 - $110,785) / (9711 - 6163)
Variable cost per unit = $68,025 / 3548
Variable cost per unit = $19.17
(b) To calculate the estimated total fixed maintenance cost, we use the formula:
Total fixed cost = Highest cost - (Variable cost per unit x Highest activity level)
Total fixed cost = $178,810 - ($19.17 x 9711)
Total fixed cost = $178,810 - $186,275.87
Total fixed cost = -$7,465.87
(c) To estimate the maintenance cost for the month of March, we use the formula:
Total cost = Total fixed cost + (Variable cost per unit x Activity level)
Total cost = -$7,465.87 + ($19.17 x 17153)
Total cost = -$7,465.87 + $328,781.01
Total cost = $321,315.14
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Sam and carlie, a married couple who will file jointly, are both teachers. In 2021, sam had receipts totaling $330 in unreimbursed, qualifying expenses for his classroom. Carlie also had unreimbursed expenses for covid-19 protective items, such as face masks and hand sanitizer, that she purchased during the year in an attempt to stop the spread of covid-19 in her classroom. Her receipts totaled $295. What is the maximum amount of educator expenses the couple may deduct on their joint return?
WASHINGTON (AP) – Qualified instructors can deduct unreimbursed COVID-19 protective equipment purchased to prevent the spread of COVID-19 in the classroom.
What are the objectives of instructors?
Teachers are responsible for creating and maintaining a civil, productive, inclusive, and engaging learning environment. Both teachers and students must approach the educational setting with decency and respect. A teacher is a form of educator. An instructor can be anyone, although it generally refers to someone who teaches hands-on skills, such as a water-skiing teacher or the knitting class instructor at the community center. "Instruction or teaching is more technical, like a specific skill set," he explains. "Coaching, on the other hand, involves overseeing a player's complete growth rather than simply a tiny element of it."
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Give an example of ethics in Human resources of Vingroup.
Give an example of ethics in research and development of Vingroup.
One example of ethics in the human resources department of Vingroup is the company's commitment to equal opportunity and diversity.
This means that they do not discriminate against any employee or job applicant based on race, gender, age, religion, or any other protected characteristic. They also actively seek out diverse candidates to ensure a fair and representative workforce.
An example of ethics in research and development at Vingroup is their adherence to responsible research practices. This includes obtaining informed consent from participants, protecting their privacy, and ensuring that any potential risks are clearly communicated. Vingroup also follows strict guidelines to prevent any conflicts of interest or unethical behavior in their research projects.
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The following transactions pertain to Rizzo Corporation: a. January 1: Issued 10,000 shares of common stock for $50,000. b. January 1: Acquired a building costing $35,000, paying $5,000 in cash and borrowing the remainder from a bank. c. During the year: Acquired inventory costing $40,000 on account from various suppliers. d. During the year: Sold inventory costing $30,000 for $65,000 on account. e. During the year: Paid employees $15,000 as compensation for services rendered during the year. f. During the year: Collected $45,000 from customers related to sales on account. g. During the year: Paid merchandise suppliers $28,000 related to purchases on account. h. December 31: Recognized depreciation on the building of $7,000 for financial reporting. Depreciation expense for income tax purposes was $10,000. i. December 31: Recognized compensation for services rendered during the last week in December but not paid by year-end of $4,000. j. December 31: Recognized and paid interest on the bank loan in Part b of $2,400 for the year. k. Recognized income taxes on the net effect of the preceding transactions at an income tax rate of 40%. Assume that the firm pays cash immediately for any taxes currently due to the government. Required: Using the analytical framework, indicate the effect of the above listed transactions of Rizzo Corporation
The following transactions pertain to Rizzo Corporation:
Explanation:
a. January 1: Issued 10,000 shares of common stock for $50,000 - This transaction would increase assets (Cash) and stockholders' equity (Common Stock).
b. January 1: Acquired a building costing $35,000, paying $5,000 in cash and borrowing the remainder from a bank. - This transaction would increase assets (Buildings and Cash) and liabilities (Notes Payable).
c. During the year: Acquired inventory costing $40,000 on account from various suppliers. - This transaction would increase assets (Inventory) and liabilities (Accounts Payable).
d. During the year: Sold inventory costing $30,000 for $65,000 on account. - This would increase assets (Accounts Receivable) and stockholders' equity (Retained Earnings).
e. During the year: Paid employees $15,000 as compensation for services rendered during the year. - This transaction would increase expenses (Wages Expense) and decrease assets (Cash).
f. During the year: Collected $45,000 from customers related to sales on account. - This transaction would increase assets (Cash) and decrease liabilities (Accounts Receivable).
g. During the year: Paid merchandise suppliers $28,000 related to purchases on account. - This transaction would decrease assets (Cash) and decrease liabilities (Accounts Payable).
h. December 31: Recognized depreciation on the building of $7,000 for financial reporting. Depreciation expense for income tax purposes was $10,000. - This transaction would increase expenses (Depreciation Expense) and decrease stockholders' equity (Retained Earnings).
i. December 31: Recognized compensation for services rendered during the last week in December but not paid by year-end of $4,000. - This transaction would increase expenses (Wages Expense) and decrease stockholders' equity (Retained Earnings).
j. December 31: Recognized and paid interest on the bank loan in Part b of $2,400 for the year. - This transaction would increase expenses (Interest Expense) and decrease assets (Cash).
k. Recognized income taxes on the net effect of the preceding transactions at an income tax rate of 40%. Assume that the firm pays cash immediately for any taxes currently due to the government. - This transaction would increase expenses (Income Tax Expense) and decrease assets (Cash).
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It is assumed that a company should make investment and financing decisions with the main objective of maximising shareholder wealth. Which ONE of the following statements BEST describes this objective?
a. Maximising the flow of discounted cash flow to shareholders over a long-term horizon.
b. Ensuring the company's share price increases over a short-term horizon.
c. Maximising profits of the company over a long-term horizon.
d. Pursuit of a high market share for the company.
Maximising the flow of discounted cash flow to shareholders over a long-term horizon. The correct answer is option A
The main objective of a company is to maximise shareholder wealth, which means increasing the value of the company's shares and the amount of dividends paid to shareholders. This can be achieved by maximising the flow of discounted cash flow to shareholders over a long-term horizon. The correct answer is option A
Discounted cash flow (DCF) is a method used to determine the present value of a company's future cash flows. By maximising DCF, the company can increase its value and ultimately maximise shareholder wealth.
Option B, ensuring the company's share price increases over a short-term horizon, is not the best description of the objective as it only focuses on the short-term and does not consider the long-term sustainability of the company.
Option C, maximising the company's profits over a long-term horizon, is also not the best description as it only focuses on profits and does not consider the value of the company's shares and dividends paid to shareholders.
Option D, pursuit of a high market share for the company, is also not the best description as it only focuses on market share and does not take into account the value of the company's shares and dividends paid to shareholders.
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Self-regulation can lead to financial crises and corporate
scandals’ – Use theories and examples discussed in class to what
assess to what extent is this statement true
Yes, self-regulation can lead to financial crises and corporate scandals.
For example, according to the efficient market hypothesis (EMH), self-regulation in financial markets can create instability as investors' confidence and irrational optimism can lead to asset bubbles, overvaluation and ultimately financial crises.
Similarly, the principal-agent problem, which occurs when an individual or organization is acting on behalf of another, can lead to conflicts of interests, creating misaligned incentives between agents and principals that can lead to corporate scandals.
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Organisations are open system and cannot operate in isolation. External factors continuously impact on the organisation. This also applies to industries.With reference to an industry you are familiar with, discuss the external factors impacting on the organisation. Also discuss the responses of the industry to each factor, indicating whether the industry has been successful or not.
Organisations are open system and cannot operate in isolation. External factors continuously impact on the organisation. With reference to an industry you are familiar with, Organizations and industries operate in an ever-changing environment with external factors impacting them on a regular basis.
For example, in the automotive industry, external factors such as consumer demand, technology, government regulations, competition, economic conditions, and environmental factors have a significant influence.
Consumer demand can fluctuate with economic cycles, changing trends, and consumer preferences. Automotive manufacturers must continually monitor consumer behavior and adjust their production levels accordingly. Technology advancements can also affect the industries, with new technology and materials influencing the design and cost of vehicles.
Government regulations regarding safety, emissions, fuel efficiency, and other aspects of the industry can also impact manufacturers. Furthermore, competition from other automotive manufacturers can be a major factor, as firms must compete for market share. Finally, economic conditions such as inflation and interest rates can affect both consumer demand and manufacturer profitability.
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a) Training and development is an important aspect and managers need to address performance gaps and culture fit in the organisation.Discuss the aspects that DaimlerChrysler and AOL need to consider when moving towards becoming strategically aligned in the merge. (15)
When DaimlerChrysler and AOL merge, they will need to consider several aspects in order to move towards becoming strategically aligned. They are Cultural fit, Strategic alignment, Organizational structure.
When DaimlerChrysler and AOL merge, they will need to consider several aspects in order to move towards becoming strategically aligned. These include:
Employee training and development: Both organizations will need to make sure that employees are properly trained and have the necessary development opportunities to excel in their roles and adapt to the new merged entity. They will also need to identify any performance gaps that exist and find ways to fill them.
Cultural fit: It is important to ensure that the new merged entity has a culture that is conducive to success. Both organizations will need to assess their current culture and ensure that there is synergy between the two.
Organizational structure: The organizational structure should be reviewed to determine if it is still suitable for the new merged entity. Changes may need to be made in order to maximize efficiency and effectiveness.
Strategic alignment: The merged entity should have a clear strategy that is aligned with its goals and objectives. This should be communicated to all employees to ensure that everyone is working towards the same goal.
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What does it mean to be a ""customer-centric"" organization? Why does market segmentation exist? Is the use of market segmentation strategies by organizations harmful or helpful to consumers and to society? What are some of the most common bases used for market segmentation? What criteria for selecting segments should be used by an organization in deciding which segments to target? (Write at least 400 words)
A customer-centric organization is one that is focused on providing value to its customers. It is an organization that puts the customer first and strives to meet their needs in the best possible way. This is done by understanding their customers, understanding their needs and preferences, and then delivering products and services that are tailored to meet those needs.
Market segmentation is a way for organizations to understand their customers better and tailor their marketing and products to meet their needs. It involves dividing a larger market into smaller groups of customers who have similar needs and preferences. The use of market segmentation strategies can be both helpful and harmful to consumers and society. It can be helpful in that it allows companies to provide products and services that are tailored to specific customers.
The most common bases used for market segmentation are demographics (age, gender, race, income level, etc.), psychographics (lifestyle, values, interests, etc.), and behaviors (usage, loyalty, purchase frequency, etc.). Other bases that can be used include geography, media usage, and product usage.
When selecting segments to target, an organization should consider factors such as the size of the segment, the profitability of the segment, and the accessibility of the segment. Additionally, an organization should consider how well their products and services meet the needs of the target segments and how the organization’s message will resonate with those segments.
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Coolidge's administration was marked by
A. A continuation of the post-World War I economic slump
B. Continued tax breaks for the lower and middle classes at the expense of the upper class.
C. Prosperity.
D. The creation of the Internal Revenue and Tariff Commission, which drastically reformed taxation formulas and duty lists
C. Abundance. The United States went through a time of economic expansion and prosperity dubbed as the "Roaring Twenties" under Coolidge's presidency.
From 1923 to 1929, Calvin Coolidge served as the 30th President of the United States. The "Roaring Twenties," a time of great economic success that characterised his presidency. The nation witnessed a boom in industries, technology, and construction during his presidency, which resulted in the creation of numerous employment and an increase in earnings. Coolidge supported a small-government, free-market system of capitalism that encouraged economic growth. Also, he approved laws that lowered income taxes and promoted stock market investment. His administration, however, also came under fire for neglecting to address issues of inequality as well as challenges in rural and agricultural communities.
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Mansour, a manager, led his team by telling members what to do, rather than allowing members to develop consentus and make their own decisions. a)This obstacle to teamwork is known as Failure to delegate authority b) Unwillingness to cooperatec) Lack of managerial supportd) Pulling rank 2 Several major car manufacturers have announced plans to increase production of SUVs and trucks, and to discontinue several models of cars
The obstacle to teamwork that is described in the scenario with Mansour is d) Pulling rank. This is when a manager or leader uses their position of authority to make decisions and control the team, rather than allowing team members to collaborate and come to a consensus. This can create a lack of trust and cooperation within the team, and can hinder the team's overall performance and success.
As for the second part of the question about car manufacturers, it is unclear what the specific question is. However, it seems to be discussing a shift in the car industry towards producing more SUVs and trucks, and discontinuing certain car models. This could be due to changes in consumer demand, economic factors, or other reasons. Without more information, it is difficult to provide a specific answer.
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You have an outstanding student loan with required payments of $600 per month for the next four years. The interest rate on the loan is 8% APR ( compounded monthly). Now that you realize your best investment is to prepay your student loan, you decide to prepay as much as you can each month. Looking at your budget, you can afford to pay an extra $150 a month in addition to your required monthly payments of $600, or $750 in total each month. How long will it take you to pay off the loan? (Note: Be careful not to round any intermediate steps less than six decimal places.) 12. The number of months to pay off the loan is (Round to two decimal places.)
It will take 35.35 months to pay off the loan.
First, we need to calculate the monthly interest rate, which is the annual percentage rate (APR) divided by 12. So, 8% APR divided by 12 months is 0.0066667.
We can use the formula for the present value of an annuity to calculate the required monthly payment for the loan.
PV = PMT x ((1 - (1 + r)^-n) / r), where PV is the present value, PMT is the monthly payment, r is the monthly interest rate, and n is the total number of months.
Solving for PMT, we get PMT = PV / ((1 - (1 + r)^-n) / r).
where PV is the amount of the loan, which we don't know yet.
PMT is $600, r is 0.0066667, and n is 48 (4 years x 12 months).
Solving for PV, we get PV = PMT x ((1 - (1 + r)^-n) / r) = $26,372.20.
Next, we can calculate the monthly payment required to pay off the loan in 35.35 months by using the same formula and plugging in the new values. PMT is now $750 ($600 required payment + $150 extra payment), r is still 0.0066667, and n is what we want to find. Solving for n, we get n = -log(1 - (PV x r) / PMT) / log(1 + r) = 35.35.
Therefore, it will take 35.35 months, or about 2 years and 11 months, to pay off the loan with the extra payment of $150 per month.
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Imagine that you are an employer trying to decide whether to sponsor a "qualified retirement plan or "nonqualified" deferred compensation plan for your employees. What are the tax and nontax consequences of each plan? Based on what you know about the different plans, what would be your justification for selecting the one you choose?
The qualified retirement plan and the nonqualified deferred compensation plan have different tax and non-tax consequences that must be taken into consideration when deciding which plan to choose.
The qualified retirement plan allows employers to take a tax deduction for contributions made to employee retirement accounts.
It also provides employees with tax-deferred growth of investments and contributions to the plan, with the possibility of future withdrawals being taxed at lower rates.
However, there are certain restrictions on who can participate in the plan, how much can be contributed, and how much can be withdrawn.
The nonqualified deferred compensation plan is an agreement between an employer and employee in which the employee agrees to defer payment of income until a future date.
This plan has no restrictions on who can participate, how much can be contributed, or how much can be withdrawn. However, the employer will not receive a tax deduction on contributions and employees must pay taxes on any deferred income when it is paid out.
Given the tax and non-tax consequences of each plan, it is important to weigh the pros and cons of each when deciding which one to choose. Ultimately, it would depend on the individual circumstances of the employer and the employees.
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1) A company's current rutio is 13. If the company uses cash to retire notes payable due within one year, would this transaction increase or decrease the current ratio and return on annet ratio? *) Cu
A company's current ratio is 13. If the company uses cash to retire notes payable due within one year the transaction would increase the current ratio and decrease the return on asset ratio.
The current ratio is calculated as current assets divided by current liabilities. By using cash to retire notes payable due within one year, the company is decreasing its current liabilities, which would increase the current ratio. However, the return on asset ratio is calculated as net income divided by total assets. By using cash to retire notes payable, the company is decreasing its total assets, which would decrease the return on asset ratio.
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A financial manager is considering two projects, A and B. A is expected to add $2 million to profits this year while B is expected to add $1 million to profits this year. Which of the following statements is most correct?
A) The manager should select project A because it maximizes profits.
B) The manager should select the project that maximizes long-term profits, not just one year of profits.
C) The manager should select project A or he is irrational.
D) The manager should select the project that causes the stock price to increase the most, which could be A or B.
The most correct statement is B) The manager should select the project that maximizes long-term profits, not just one year of profits.
While project A may add more profits in the short term, it is important for the financial manager to consider the long-term profitability of both projects before making a decision. It is possible that project B may have a lower profit in the first year, but could potentially have higher profits in the long term.
Therefore, it is important for the manager to consider the long-term implications of each project before making a decision.
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4. Identify three factors that can lead to conflict in a hospitality environment
Conflicts in hospitality environments can arise due to various factors, but some common factors include communication breakdowns, personality clashes, and workload imbalances.
Poor communication can lead to misunderstandings between staff members and with customers, which can result in conflicts. Personality clashes can arise when different personalities or work styles do not mesh well together, leading to friction and tension among employees. Workload imbalances can lead to feelings of resentment and unfairness, especially if some employees feel like they are doing more work than others without proper recognition or compensation.
Hospitality environments require effective communication, collaboration, and a positive work culture to prevent and address conflicts in a timely and respectful manner.
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1 Mansour, a manager, led his team by telling members what to do, rather than allowing members to develop consensus and make their own decisions. This obstacle to teamwork is known as Faure to delegate authority by Unwillingness to cooperate c) Lack of managerial support d) Pulling rank 4 2 Several major car manufacturers have announced plans to increase production of SUVs and trucks, and to discontinue several models of cars. Their decision was most likely in response to a change in what external factor? a) Political b) Sociocultural cl. Legal d) Environmental 3 What are the two ends of the continuum of economic systems? a) Trade deficit: Trade surplus b) CommunPure Capitalism c) Small GDP; Large GOP d) Goods-oriented: 4. Service-oriented is the selling of domestic products to foreign customers a) Exporting b) Acquiring c) Importing d) Shelving 5 The purchase of one corporation by another is referred to as a a) Partnership b) Cooperative c) Hostile takeover d) Merger
1). The obstacle to teamwork presented by Mansur is known as...
d. Pull Rank. This is when a manager uses authority to direct decisions and actions to her members of the team, rather than allowing them to contribute and make decisions as a group.2). The decision by a major automaker to ramp up production of his SUVs and trucks and phase out some models was probably...
b. A response to changing socio-cultural factors. These factors include changes in consumer tastes and trends, which may affect demand for certain types of products.3). The ends of the economic system continuum are..
b. Communism and pure capitalism. Communism is an economic system in which the government controls all aspects of the economy, while pure capitalism is an economic system in which individuals and corporations control all aspects of the economy.4). Selling domestic products to foreign customers is called...
a. Export. This is the case if the company sells its products or services to customers in other countries.5). The acquisition of one company by another company is called a....
d. Merger. This is usually when two companies merge and he becomes one entity, with the goal of increasing market share or expanding into new markets.The economic system continuum is a way of categorizing different types of economic systems based on their degree of government intervention and private ownership. At one end of the continuum, there is a purely capitalist system, where private ownership and the free market drive economic activity. At the other end, there is a purely socialist system, where government ownership and control over resources and production dominate.
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Bindra had 200,000 shares (Par $10 outstanding at the beginning of 2020. During 2020, A cash dividend of $0.50 per share was declared and paid, and 5% share dividend was declared and distributed when the market price per share was 15 per share. Journalize the dividend transactions. (4%)
The dividend transaction Retained Earnings wil be $50,000
During 2020, a cash dividend of $0.50 per share was declared and paid, and a 5% share dividend was declared and distributed when the market price per share was $15.
Given that 200,000 shares (Par $10) outstanding at the beginning of 2020.
The journal entries to record the dividends are as follows:
Cash Dividend
Dr. Dividends Expense - 200,000 x $0.50 = $100,000
Cr. Cash - $100,000
Share Dividend
Dr. Additional Paid-in Capital - 200,000 x ($15-$10) = $50,000
Cr. Retained Earnings - 200,000 x ($15-$10) = $50,000
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