True. The EOQ, also known as the economic order quantity, is the optimal order size in terms of cost because it minimizes the annual total inventory cost. The EOQ is the lot size where inventory holding costs equal annual ordering costs.
The EOQ model considers the cost of holding inventory, the cost of ordering inventory, and the quantity of inventory ordered. The goal of the EOQ model is to find the order quantity where the total inventory cost is minimized.
The EOQ formula takes into account the carrying cost of inventory (the cost to hold inventory), the ordering cost (the cost to place an order), and the demand rate (the rate at which inventory is used or sold). The formula calculates the order quantity where the carrying cost equals the ordering cost, which is the point where the total inventory cost is minimized.
Therefore, the statement "The EOQ is the lot size where inventory holding costs equal annual ordering costs" is true.
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Suppose several employees at the company where you work are thinking about unionizing. Because you have taken a management class, you know that the law prescribes specific procedures that both employees and companies must follow. Identify the order of the steps involved in the unionization process from 1-10.
Activity Step Number
Petition the NLRB to hold an election. If less than 30% of bargaining unit members sign cards, the process ends. A grievance procedure is used to resolve disputes during the life of the contract. The union signs up members and elects officers. Collective bargaining over the first labor contract occurs. If unionization is rejected by a majority vote, the process ends. Collect signed authorization cards. Generate interest in unionizing among the employees. Hold a secret-ballot election. The labor contract is signed.
The correct steps are:
Generate interest in unionizing among the employees.Collect signed authorization cards.Petition the NLRB to hold an election.Hold a secret-ballot election.If less than 30% of bargaining unit members sign cards, the process ends.If unionization is rejected by a majority vote, the process ends.The union signs up members and elects officers.Collective bargaining over the first labor contract occurs.The labor contract is signed.A grievance procedure is used to resolve disputes during the life of the contract.What is the unionizing about?The unionization process involves a series of steps that both employees and companies must follow to establish a union in a workplace. The steps typically involve generating interest in unionizing among the employees, collecting signed authorization cards from employees, and petitioning the National Labor Relations Board (NLRB) to hold an election.
Generate interest in unionizing among the employees: This step involves union organizers, who generate interest among the employees about the benefits of unionizing.
Therefore, in terms of Collect signed authorization cards: The union organizers collect signed authorization cards from employees who support unionizing. These cards serve as evidence that the employees want the union to represent them.
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an organization that aims to differentiate products and services across country markets is following what kind of strategy?
An organization that aims to differentiate products and services across country markets is following a Multidomestic strategy
What is a Multidomestic strategy?A multidomestic strategy is a strategic management approach in which multinational companies (MNCs) decentralize their operations and tailor their products and services to meet the specific needs of different markets. In this approach, each country in which the business operates functions as a separate and independent entity. The term “multidomestic” is used to describe this approach because the firm has multiple (multi) domestic (country-specific) operations that are largely independent of one another.In a multidomestic strategy, companies adapt their products and services to meet local demands, tastes, and preferences. The strategy allows companies to better understand and respond to local market conditions and customer preferences. It also enables them to establish stronger relationships with local customers and suppliers, which can lead to greater market share and profitability.
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The kind of strategy that an organization follows in order to differentiate its products and services across country markets is a differentiation strategy.
What is a differentiation strategy?Differentiation strategy refers to a strategy that companies use to distinguish their goods and services from those of rivals. This approach is based on selling something that is unique, such as high-quality goods, a superior customer service experience, or an unusual shopping experience.
A differentiation strategy works best for businesses that serve customers who are willing to pay more for high-quality or unique products and services than for low-cost products or services. When an organization aims to differentiate its products and services across country markets, it is following a differentiation strategy.
How does a differentiation strategy work?A differentiation strategy works by finding ways to make a product or service appear to be unique or better than those of competitors. A firm can do this by investing in research and development, using higher-quality materials, providing excellent customer service, or developing unique marketing campaigns.
In order to effectively implement a differentiation strategy, it is important for an organization to understand its target market and what they value in a product or service. This allows the company to tailor its offerings to meet the needs of its customers in a way that distinguishes it from its competitors.
In conclusion, an organization that aims to differentiate its products and services across country markets is following a differentiation strategy.
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why were cottage workers, accustomed to the putting-out system, reluctant to work in the new factories even when they received good wages?
The cottage workers who were accustomed to the putting-out system were reluctant to work in the new factories even when they received good wages because of the following reasons: Due to the putting-out system, workers were working in their homes at their own speed and convenience.
The new factory system was the opposite of this, as workers had to work for fixed hours in large factories with numerous machines under the supervision of a manager. This was highly unpleasant to many workers who felt trapped in such conditions. Many felt that it was like slavery and there were no individual rights. Workers felt that they had no choice but to work under such conditions, and this made them feel like they were caged.
The majority of cottage workers were women who had small children at home to look after. They could not work in the factories because of their family responsibilities. Cottage workers were also hesitant to work in factories because they were afraid of their safety. The new machines and tools required to work in the factories were often dangerous and could cause serious injury or even death if not used correctly. Workers were afraid of losing their lives while working in such dangerous environments.
Cottage workers were not willing to take any risk and were hesitant to give up their freedom of work. They were accustomed to their way of life and did not want to switch to a new, unfamiliar way of life. They preferred to work in their homes at their own pace rather than work under the supervision of managers in the factories. This is why cottage workers were hesitant to work in the new factories even when they received good wages.
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ing data has been collected for use in analyzing the behavior of maintenance costs of ridell corporation: month maintenance costs machine hours january $121,000 20,000 february $125,000 23,000 march $128,000 24,000 april $159,000 34,000 may $168,000 36,000 june $178,000 38,000 july $181,000 40,000 using the high-low method to separate the maintenance costs into their variable and fixed cost components, these components are: group of answer choices $5 per hour plus $20,000 $5 per hour plus $30,000 $4 per hour plus $40,000 $3 per hour plus $61,000
The correct answer is: $4 per hour plus $40,000.
To calculate this, we need to take the difference between the highest and lowest maintenance costs and divide it by the difference between the highest and lowest machine hours.
For this, the highest maintenance cost was $181,000 (July), and the lowest was $121,000 (January). The difference between these two is $60,000. The highest machine hours was 40,000 (July) and the lowest was 20,000 (January). The difference between these two is 20,000.
Thus, the variable cost component is $3,000 per machine hour ($60,000/20,000). The fixed cost component is the highest maintenance cost less the product of the variable cost component and the highest machine hours, which is $40,000 ($181,000 - $3,000 * 40,000).
Therefore, the maintenance costs can be broken into their variable and fixed cost components as $4 per hour plus $40,000.
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jerry lewis is thinking about purchasing some life insurance. he goes to a company that is owned by shareholders. what type of life insurance company has he gone to?
A mutual insurer is a corporation that is owned by its policyholders, who possess policies as proof of ownership. Mutual companies frequently offer participating policies in which policyholders share the insurer's divisible surplus in the form of policy dividends.
Purchasing life insurance protects your spouse and children from possibly devastating financial losses if something were to happen to you. It offers financial security, aids in debt repayment, aids in the payment of living expenses, and aids in the payment of any medical or final expenses. The primary goal of life insurance is to compensate for lost earnings if an insured individual is unable to work again.
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the belief by a consumer researcher that human thought is supreme and that a single, objective truth may be uncovered by science, is refered to as the paradign of . positivism fundamentalism interpretivism postmodernism
The belief by a consumer researcher that human thought is supreme and that a single, objective truth may be uncovered by science is referred to as the paradigm of positivism.
What is positivism?
Positivism is a philosophy of science founded by Auguste Comte in the 19th century, which emphasizes empirical observation and the scientific method's use in the study of human society and natural phenomena.
Positivism emphasizes the importance of obtaining and verifying empirical evidence, as well as analyzing that data using logical reasoning.
The consumer researcher's belief in the supremacy of human thought and the possibility of uncovering a single objective truth through science aligns with the paradigm of positivism.
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during a sales presentation, the most effective eye contact strategy for a salesperson is to: group of answer choices look at the floor in front of the salesperson look over the heads of the group of buyers scan rapidly from side to side maintain a constant stare with a group of individuals look at each individual for a few seconds
The best eye contact technique for a salesperson during a presentation is to look at the ground in front of them.
What actions ought a salesperson to take while making a presentation?A sales presentation ought to have a thoughtful opening. The salesperson should introduce themselves before giving a sincere overview of the business. In addition to helping them maintain a positive relationship with the prospects, this helps them establish credibility with them.
What actions should a salesperson take while giving a sales presentation?The salesperson should: highlight the benefits that directly meet the demands of the customer during the sales presentation. Success in the sales presentation is comparable to success in ___ because both endeavors are challenging and demand planning, expertise, and understanding. The best eye contact technique for a salesperson during a presentation is to look at the ground in front of them.
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a firm is expected to pay a dividend of $2.15 next year and $2.30 the following year. financial analysts believe the stock will be at their price target of $80 in two years. compute the value of this stock with a required return of 12.1 percent.
The value of this stock with a required return of 12.1 percent is: $60.00
To compute the value of a stock follow the steps below:
Step 1: Determine the dividend expected next year
Dividend expected next year = $2.15
Step 2: Determine the dividend expected in two years
Dividend expected in two years = $2.30
Step 3: Determine the future value of the stock (in two years)
Future value of the stock = $80
Step 4: Compute the present value of the stock
Present value of the stock = (Dividend next year / (1 + required rate of return)) + (Dividend in two years / (1 + required rate of return)²) + (Future value of the stock / (1 + required rate of return)²)
PV of the stock = ($2.15 / 1.121) + ($2.30 / 1.258) + ($80 / 1.258²)
PV of the stock = $1.92 + $1.83 + $56.25
PV of the stock = $60.00
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which stage of the product life cycle is marked by low sales, little to no profit, and little competition?
The stage of the product life cycle marked by low sales, little to no profit, and little competition is the Decline stage.
In the Decline stage, the product has gone out of style and sales are on the decline. Profit is usually minimal or nonexistent due to a decrease in demand and increasing competition.
Companies may exit the market, products may be discontinued, and companies may no longer invest in product innovation.
Companies may also look for new and innovative ways to extend the life of their product in this stage. In order to do so, they may reduce the cost of their product or look for ways to repackage or re-brand the product.
It is important to note that not all products enter the decline stage, and some can remain successful for extended periods of time.
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9. what is an advantage of being hired by an aba services agency before you start the process of rbt credentialing? most agencies provide training and supervision at no cost to you you have guaranteed long-term employment at the agency you will pass the rbt exam because you are working there you will be able to get through rbt training quickly
The main advantage of being hired by an ABA services agency before starting the process of RBT credentialing is that most agencies provide training and supervision at no cost to you.
This means that you have access to specialized training and coaching that would otherwise be expensive and time consuming.
Additionally, it provides you with a guaranteed long-term employment at the agency and a greater chance of passing the RBT exam. As a result, you are more likely to get through RBT training quickly and easily.
This can save a lot of time, money and effort, while still achieving your desired credentials.
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In Milgram's study, what percentage of the participants fully obeyed the experimenter and administered
the maximum level of shock?
a. 5% b. 35%
c. 65% d. 95%
The correct answer is (c) 65%. In Milgram's study, 65% of the participants fully obeyed the experimenter and administered the maximum level of shock.
Milgram's study was a series of social psychology experiments conducted by psychologist Stanley Milgram in the 1960s. The study aimed to investigate how far people would go in obeying an authority figure, even if it meant harming another person. The participants were instructed to administer electric shocks to another person (who was actually a confederate and not actually receiving shocks) if they answered questions incorrectly.
The shocks increased in voltage with each wrong answer, and the confederate would eventually scream and refuse to continue. Despite this, Milgram found that a surprisingly high percentage of participants, around 65%, continued to administer the shocks all the way up to the maximum level. The study caused controversy and ethical concerns about the treatment of human subjects in psychological research, but also shed light on the power of obedience to authority figures.
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which of the following is the best example of a business firm operating in a competitive price-taker market? group of answer choices tgifriday's, a restaurant chain that operates in numerous locations a bookstore located a few blocks from a major university ford motor company, a major manufacturer of automobiles that operates in numerous markets throughout the world an indiana hog farmer that raises pigs
In a market with perfect competition or one where every business sells the same good, all economic actors are believed to be price takers.
Whenever a company is engaged in price-taker market activity?A perfectly competitive business must accept the equilibrium price at which it sells its products because it is a price taker. A completely competitive business will not be able to generate any sales if it seeks to charge even a small amount above the going rate.
Are firms engaged in perfect competition price takers?A scenario with perfect competition excludes monopolies. The following characteristics of this kind of structure are crucial: Every company sells the same goods (the product is a commodity or homogeneous). Each company is a price taker (they cannot alter the pricing of their products on the market).
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which is a significant noncash activity? multiple choice question. receiving proceeds from sale of stock. signing a note payable in exchange for land. repurchasing common stock. collecting on customer accounts.
The significant non-cash activity among the following options is: collecting on customer accounts.
What is noncash activity?Noncash activity refers to transactions that do not involve the exchange of cash between two parties. These activities may include the issuance of stock, the exchange of assets, or the accrual of expenses or revenue.
While noncash transactions do not involve the exchange of cash, they still impact a company's financial statements and can be an important indicator of the company's financial health. Noncash activity is recorded on the cash flow statement, which shows how a company's cash balance has changed over a given period of time.
Understanding a company's noncash activity can be important for investors and analysts in assessing a company's financial performance and future prospects.
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a total of 1,800 new york city teachers who lost their jobs earlier this year have yet to apply for another job despite the fact that there are 1,200 openings. why not?
It is important to note that the situation of losing one's job is often stressful and overwhelming. In the case of the 1,800 New York City teachers who lost their jobs earlier this year, it is possible that they have yet to apply for another job due to a variety of reasons.
Some possible reasons include a lack of confidence in their ability to secure another job, difficulty with the application process, a lack of awareness of available job openings, and personal or family obligations that prevent them from applying. Additionally, the ongoing COVID-19 pandemic may have further complicated the job search process for these teachers. As for the 1,200 openings, it is possible that these positions may not align with the skillset or qualifications of the teachers who lost their jobs. It is also possible that these positions are not in desirable locations or do not offer competitive salaries or benefits. Furthermore, it is important to consider the quality of the job openings. It is possible that the available openings do not provide the same level of job security, benefits, or other factors that the teachers' previous jobs did.
In conclusion, the reasons why the 1,800 New York City teachers who lost their jobs earlier this year have yet to apply for another job despite the fact that there are 1,200 openings are likely multifaceted and complex. It is important to approach the situation with empathy and understanding and to recognize that job loss can be a difficult and challenging experience.
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what are the three broad targeting strategies used by marketers? A. Mass marketing, differentiated marketing, and micromarketing. B. Mass marketing, undifferentiated marketing, and micromarketing. C. Undifferentiated marketing, differentiated marketing, and concentrated marketing.
The three broad targeting strategies used by marketers is Mass marketing, differentiated marketing, and micromarketing. So the correct option is A.
The correct option is A as according to market segmentation, the market should be divided into manageable chunks to be more effective and efficient. Market targeting strategies outline how businesses examine and choose the target market segments they can best serve and where they can make the most money. There are four key segments that may be used to group the market targeting techniques.
Undifferentiated MarketingDifferentiated MarketingConcentrated MarketingMicromarketingThe organization must take into account three key factors when comparing various market segments to determine which is the best one for the product in order to determine which market strategies are most feasible for the company. The correct option is A.
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13. the phrase, a decline in the average price level over a sustained period, describes which of the following terms? a. deflation b. inflation c. disinflation d. economic growth
The phrase "a decline in the average price level over a sustained period" describes the term deflation.
Deflation Deflation refers to a general decline in the price level of goods and services in an economy over a long period of time. Deflation happens when the inflation rate becomes negative, indicating that the general price level of products and services has decreased over time.
Deflation occurs in situations when the supply of money outstrips the demand for money, resulting in a decrease in prices.
Deflation is typically characterized by a general fall in prices over an extended period, usually caused by a decrease in the money supply.
It is associated with economic recession and is a significant issue in the economy since it often results in job losses and decreased economic activity.
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a form of spec, is/are the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, especially the online community, rather than from traditional employees or contractors
Crowdsourcing is a form of spec, the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, especially the online community, rather than from traditional employees or contractors.
Crowdsourcing is a new means of collaborating with the public to collect and apply ideas, knowledge, skills, or content to achieve organizational objectives. Crowdsourcing platforms allow people to work together to achieve a common goal, such as collecting ideas for an advertising campaign, solving a problem, or producing content. The method is becoming increasingly popular among companies looking for low-cost or efficient methods of collecting feedback or data from customers, crowdsourcing can be used in both for-profit and non-profit organizations.
So, it is a way to have work done by a large group of people, often online, without having to hire permanent employees to do it. The following are the benefits of crowdsourcing: It is an inexpensive way to get results. Crowdsourcing can help businesses stay ahead of the competition. Crowdsourcing can increase engagement with consumers. Crowdsourcing can be an excellent way to create a sense of community. Crowdsourcing can provide businesses with access to a broader talent pool. Crowdsourcing can be an excellent way to generate new ideas.
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inputs used to produce cupcakes (e.g., flour, sugar, butter, and labor) are also used to produce cookies, cakes, muffins, pies, and many other goods. this suggests that
Inputs used to produce cupcakes (e.g., flour, sugar, butter, and labor) are also used to produce cookies, cakes, muffins, pies, and many other goods. this suggests that the elasticity of supply of cupcakes is relatively high.
The percentage change in quantity supplied as a result of a specific percentage change in the commodity's own price is known as price elasticity of supply. It is determined by dividing the percentage change in the quantity supplied by the percentage change in the commodity's price. The price elasticity of supply (PES) gauges how quickly a change in price affects the quantity supplied. A company must be aware of how quickly and effectively it can adjust to shifting market circumstances, particularly when it comes to price changes.
If the quantity supplied varies by the same percentage as the price change, the supply is said to be unit elastic. The quantity supplied would increase by 10%, for instance, if the price were to rise by 10%.
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xochi is a corporate pr consultant. she must monitor multiple information sources to search for employees and needs to enable workers to tag, follow, and view activity feeds. what tool should xochi use to search and manage this information? blogs enterprise social media network social bookmarking
A corporate PR consultant must monitor multiple information sources, and the tool she should use to search and manage this information is an enterprise social media network
What is an enterprise social media network?An enterprise social media network (ESN) is a tool used to establish a collaboration network among a company's employees.
It combines social networking and business applications into a single platform, enabling workers to communicate and collaborate in real-time.
A corporate PR consultant like Xochi can use ESN to search and manage information about employees.
It allows workers to tag, follow, and view activity feeds.
An ESN system can help her to connect with her target audience, monitor brand-related discussions, and manage employee engagement.
Apart from that, with an ESN tool, Xochi can also follow trending topics, news, and updates relevant to her company or industry, making it an excellent platform for keeping up with the latest developments in the market.
Hence, the tool Xochi should use to search and manage information is an enterprise social media network.
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corporations primarily use the shelf registration method of security sales because: group of answer choices sec registration is avoided. their stock is rated as junk. they are doing a private offering. preregistered securities can be quickly brought to market. they are issuing securities to the general public for the first time.
According to the given choices of alternatives, it may be ascertained that corporations use shelf registration method of securities sales, as the preregistered securities can be quickly brought to market. Therefore, the option D holds true.
The method of shelf registration can be referred to or considered as the method wherein the corporations can get their securities listed on the stock market without making a public offer on the exchange. This method is followed by corporations in order to bring their securities quickly to the open market, because they are preregistered.
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Complete question
Corporations primarily use the shelf registration method of security sales because:
group of answer choices
A. sec registration is avoided.
B. their stock is rated as junk.
C. they are doing a private offering.
D. preregistered securities can be quickly brought to market.
E. they are issuing securities to the general public for the first time.
b24 and company stock has a beta of 1.52, the current risk-free rate is 3.02 percent, and the expected return on the market is 10.52 percent. what is b24 and company's cost of equity?
B24 and CO stock has a beta of 1.52, the current risk-free rate is 3.02 percent, and the expected return on the market is 10.52 percent. The B24 and CO's cost of equity is D. 14.42%
When we refer to beta, it is an indication of how volatile a stock is in comparison to the market as a whole. The market has a beta of 1, so a stock with a beta greater than 1 is more volatile than the market, and a stock with a beta less than 1 is less volatile than the market. The cost of equity is the minimum return that investors require on their investment to compensate them for the risk they are taking.
The formula for calculating the cost of equity is:
Cost of Equity = Risk-Free Rate of Return + Beta × (Expected Return on the Market – Risk-Free Rate of Return)
Now, let's put the values of the Risk-Free Rate, Expected Return on the Market, and Beta into the formula of the Cost of Equity to find out the value of B24 and CO's cost of equity.
Cost of Equity = 3.02% + 1.52 × (10.52% – 3.02%)= 3.02% + 1.52 × 7.5%
Cost of Equity = 3.02% + 11.4%
Cost of Equity = 14.42%
Hence, the cost of equity of B24 and CO is 14.42%. Therefore, option D is correct.
The Question was Incomplete, Find the full content below :
B24 and CO stock has a beta of 1.52, the current risk-free rate is 3.02 percent, and the expected return on the market is 10.52 percent. The B24 and CO's cost of equity
A. 23.60%
B. 15.06%
C. 19.01%
D. 14.42%
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you decide to take $300 out of your piggy bank at home and place it in the bank. if the reserve requirement is 5 percent, how much can your $300 increase the amount of money in the economy?
The amount of money in the economy that your $300 can increase depends on the reserve requirement.
Since the reserve requirement is 5%, your $300 deposit can increase the amount of money in the economy by $15 (300 x 0.05 = 15). This is because banks are required to hold a portion of their deposits in reserve, but can lend out the remaining portion.
For every dollar that is held in reserve, banks can loan out a certain amount. In this case, the ratio is 1:20, meaning that the bank can loan out $20 for every $1 held in reserve.
Thus, the $15 that is held in reserve can be loaned out, increasing the amount of money in the economy by $300 (15 x 20 = 300).
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suppose that you buy a home shield insurance policy, where you make monthly payments, and if one of your major household appliances quits working, then home shield will replace it as part of the insurance coverage. because of the policy, you realize that you are often forgetting to add salt to the water softener for your home, which means more mineral deposits in your water that could lead to your appliances not lasting as long. this is best described as:
The best way to describe the scenario where a homeowner buys a Home Shield insurance policy, makes monthly payments, and forgets to add salt to their water softener is a moral hazard.
Moral hazard is a scenario where an insurance policyholder acts differently due to being protected by insurance. In other words, individuals who have insurance may be more likely to take greater risks because they believe they will not have to bear the entire burden of any negative consequences.
Suppose a homeowner buys a Home Shield insurance policy that covers the repair or replacement of household appliances. If they are covered by insurance, they may not pay attention to maintenance activities such as adding salt to the water softener.
As a result, the level of mineral deposits in the water may increase, causing the appliances to malfunction or break down. This behavior is referred to as a moral hazard.
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devonshire, incorporated sold merchandise inventory on account at a price of $18,000 with payment terms of 2/10, n/30. the merchandise cost devonshire $14,000. if the customer paid for the merchandise 5 days after receiving the invoice, how much cash was collected by devonshire?
Calculation of cash collected by Devonshire, it is given that the merchandise cost Devonshire $14,000.
Devonshire sold merchandise inventory on account at a price of $18,000 with payment terms of 2/10, n/30. The 2/10 term means that if the customer pays the bill within 10 days, they are eligible for a 2% discount on the total bill. The n/30 term means that the total bill amount is due within 30 days of the invoice date. Here, the invoice has been issued on account, and thus, the customer can pay within 30 days of the invoice date.
Now, as per the question, the customer has paid for the merchandise 5 days after receiving the invoice. Therefore, the customer is not eligible for any discounts.
Now, let's calculate the total amount that Devonshire has received.
Total amount received = $18,000Now, let's calculate the amount that Devonshire would have received if the customer had paid within 10 days of the invoice date.
The amount to be paid within 10 days to receive the discount = (2/100) x $18,000= $360
Discounted amount = $18,000 - $360 = $17,640Therefore, if the customer had paid within 10 days, Devonshire would have received $17,640. But, since the customer paid after 5 days, Devonshire did not get any discount. Hence, Devonshire has received $18,000 in cash. Therefore, the amount of cash collected by Devonshire is $18,000.
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a company has implemented a new client-server enterprise resource planning system. local branches transmit customer orders to a central manufacturing facility. which of the following would best ensure that the orders are processed accurately, and the corresponding products are produced? supervisor approving orders prior to production verifying production of customer orders using hash totals in the order transmitting process logging all customer orders in the enterprise resource planning system
The best way to ensure that customer orders are processed accurately and that the corresponding products are produced is by implementing a few steps in the order transmission process. First, supervisors should approve orders prior to production.
This step ensures that orders have been reviewed and approved prior to being sent to the manufacturing facility. Second, each order should be verified using hash totals. This helps to ensure that the order is received correctly and that the data is secure.
Lastly, all customer orders should be logged in the enterprise resource planning system. This way, the orders can be tracked from the time they were placed until they are delivered to the customer. By implementing these steps, the company can be certain that all customer orders are processed accurately and that the corresponding products are produced.
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what information is contained in the insuring agreement of an insurance policy? a description of the property or life to be insured a summary of the major promises of the insurer a summary of the obligations of the insured a list of the property, losses, and perils that are not covered
The information is contained in the insuring agreement of an insurance policy contains a summary of the major promises of the insurer. It outlines the obligations the insurer will fulfill and the coverage they provide. It includes a description of the property or life to be insured, as well as a list of property, losses, and perils that are not covered by the policy.
In more detail, the insuring agreement outlines what the insurance policy covers and what it does not. It also includes details about the insurer's promises, such as the amount and duration of coverage, and any limits or exclusions. The agreement also states the conditions that must be met in order for the insurer to provide coverage. Finally, it outlines the process for filing a claim and obtaining reimbursement.
In summary, the insuring agreement of an insurance policy outlines the coverage and obligations of the insurer and contains a description of the property or life to be insured, a summary of the insurer's promises, a list of property, losses, and perils not covered, and the conditions and procedures for filing a claim.
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True/False? in the textbook, the expression quality at the source means that we need to purchase the best quality a supplier or vendor can provide.
The statement "in the textbook, the expression quality at the source means that we need to purchase the best quality a supplier or vendor can provide" is false.
What is Quality at the Source? Quality at the Source is a phrase that refers to quality control procedures that are done at the source, or in the case of manufacturing, at the factory floor. The goal of Quality at the Source is to catch quality problems early in the production process, allowing them to be corrected before they can cause more damage.
The concept of Quality at the Source refers to quality management strategies and systems that are intended to guarantee product quality throughout the production process by actively involving everyone who works on the product's manufacture.
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a sales manager who develops a team selling approach will: group of answer choices develop communication links among all team members organize the team into silos to encourage competition hire salespeople motivated by personal achievement compensate team members based on their individual performance all of the above
A sales manager who implements a team selling strategy will concentrate on creating a collaborative and supportive team atmosphere that encourages good communication, teamwork,
and mutual accountability. This method necessitates the development of communication linkages among all team members in order to encourage openness, trust, and open discourse, allowing team members to exchange information, skills, and best practices. In order to enhance cooperation and teamwork, the sales manager will structure the team into cross-functional groups rather than silos. By doing so, the team may increase sales effectiveness and improve total customer happiness by using each other's talents and knowledge. The manager should employ salespeople who are driven by both personal success and team success.
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laurie purchased an entertainment armoire from a national chain furniture retailer. unfortunately, one of the doors did not operate properly, so she called the retailer to complain. a service representative was sent out to adjust the door, but just a few weeks later, the problem reoccurred, so laurie called again and asked for a new armoire. the store manager said that another service rep would have to come out to determine if it was due to a manufacturer's defect before it could be replaced. because the service representative failed to show up, the manager decided to offer laurie a new armoire. unfortunately the replacement had the same problem and laurie demanded her money back. now she tells everyone she knows the problems she's had with this retailer. which value most likely underlies laurie's complaining behavior?
The value that most likely underlies Laurie's complaining behavior is consumerism.
What led to the Laurie's complaining behavior?Laurie had purchased an entertainment armoire from a national chain furniture retailer, but one of the doors did not operate correctly, so she contacted the retailer to complain. A service representative was sent out to adjust the door, but a few weeks later, the problem reoccurred, so Laurie called again and requested a new armoire. However, the store manager stated that another service representative would have to come out to determine whether it was due to a manufacturer's defect before it could be replaced. Because the service representative failed to appear, the manager chose to offer Laurie a new armoire.
Unfortunately, the replacement had the same problem, and Laurie demanded her money back. This experience motivated Laurie to tell everyone she knows about the problems she has had with this retailer.
Consumerism is a social and economic ideology that promotes consumption as a form of social development and economic prosperity. This term refers to a socioeconomic theory that supports the acquisition of goods and services to meet people's needs and wants in a society.
Consequently, we can say that Laurie's complaining behavior is the outcome of her value of consumerism.
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La Organización como elemento de la administración, "establece la aquitectura de la empresa"
How information is transferred across layers of the organization is likewise governed by its organizational structure. A centralized structure, for instance, makes choices from the top down, whereas a decentralized structure distributes decision-making authority among different organizational levels.
Companies may stay effective and focused by using an organizational structure. The organization structure, business processes and strategies, value streams, data and information, and supporting technology are just a few of the important enterprise characteristics that are included in the enterprise architecture. It also discusses how these elements work together and are anticipated to change over time. chief architect for businesses.
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