The statement that is true for retailing is: "Wholesalers are only considered to be retailers if they are selling to final consumers."
Vending machines can be considered a form of retailing whether they are located within stores or not.
Manufacturers can also engage in retailing if they sell their products directly to consumers through company-owned retail outlets or e-commerce websites.
Retailing can deal with both goods and services. In fact, many retailers provide both goods and services to their customers, such as salons, repair shops, and restaurants.
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multiple choice question which of the following poses a high risk of theft because of its high volume and ease of portability? multiple choice question. vehicles deferred revenue computers cash accounts receivable need help? review these concept resources. read about the concept rate your confid
Vehicles poses a high risk of theft because of its high volume and ease of portability. Option A is the correct answer.
The option that poses a high risk of theft because of its high volume and ease of portability is "vehicles". Vehicles are typically high-value assets that are easily transportable, making them a prime target for theft. Furthermore, vehicles can be sold quickly on the black market, which increases their appeal to thieves. While deferred revenue, computers, cash, and accounts receivable may also be at risk of theft, they are typically not as easy to transport and resell as vehicles, making them less appealing targets for theft.
Therefore, the correct answer is A.
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which of these is the interest rate that is actually observed in financial markets?
The interest rate that is actually observed in financial markets is the market interest rate.
The market interest rate is the interest rate that banks and other financial institutions charge one another for lending and borrowing funds. It is determined by the forces of supply and demand in the financial markets and is typically influenced by the Federal Reserve's monetary policy.
It is also affected by economic conditions, such as inflation, unemployment, and GDP growth. The market interest rate is used to determine the cost of borrowing money, and is the rate of return investors can expect on investments.
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suppose that you get an offer from a bank to invest at a nominal 3% interest rate. you also expect that inflation this year to be 3.5%. how much more or fewer goods and services will you be able to buy if you choose to invest for one year? 6.5% 3.0% 3.5% 0.5%
0.5% more or fewer goods and services will you be able to buy if you choose to invest for one year. The answer is OPTION D.
When referring to an individual's wages after accounting for inflation, it is also referred to as real wage. Earnings that are not adjusted for future changes in inflation rates are referred to as nominal revenue. a debt with a 15-year term and a nominal interest rate of 6%, for instance.
The actual interest rate is 3 percent for an inflation rate of 3%. The real interest rate, according to the Fisher Effect, is equivalent to the nominal interest rate less the anticipated inflation rate. Therefore, unless nominal interest rates rise at the same pace as inflation, real interest rates decrease as inflation rises.
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The first document that must be completed when opening a checking account is the
Deposit slip
Check register
Signature card
The first document that must be completed when opening a checking account is the signature card.
The signature card is the first form a client must finish when opening a checking account at a bank. The name, address, Social Security number, and signature of the consumer are all included on this card. The bank uses the signature card to confirm the client's identification and confirm that their signature matches the one on file. The signature card is also employed for authorization needs. It gives the account holder permission to withdraw money from the account, write cheques, and carry out other tasks. The signature card is therefore a crucial step in creating a checking account, and it is crucial to make sure that the data given is valid and current.
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which of the following statements of the critical path method (cpm) is correct? there is only one activity with the earliest start time equal to 0. if multiple critical paths exist, the project completion time may not be reduced by only reducing the activity time of one critical activity. the activity time must be greater than the slack time. for an activity, the earliest completion time cannot be smaller than the latest start time
One of the correct statements of the Critical Path Method (CPM) is: If multiple critical paths exist, the project completion time may not be reduced by only reducing the activity time of one critical activity.
What is the Critical Path Method? Critical Path Method (CPM) is a project management technique that is used to schedule, plan, and control the sequence of activities and the time they take to complete. It is a project management tool that is used to monitor the flow of a project by calculating the project's duration. The correct statements of the Critical Path Method (CPM) are: There is only one activity with the earliest start time equal to 0.
(This statement is correct)If multiple critical paths exist, the project completion time may not be reduced by only reducing the activity time of one critical activity. (This statement is correct)The activity time must be greater than the slack time. (This statement is false)For an activity, the earliest completion time cannot be smaller than the latest start time. (This statement is correct)Therefore, only two statements of the given statements of the Critical Path Method (CPM) are correct.
The correct statements are "There is only one activity with the earliest start time equal to 0" and "If multiple critical paths exist, the project completion time may not be reduced by only reducing the activity time of one critical activity."
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if the market price facing this price-taker firm was p4, to maximize profit the firm will produce output of a. q1 and earn positive economic profits in the short run. b. q1 and suffer short-run economic losses. c. q4 and earn positive economic profits in the short run. d. q4 and suffer short-run economic losses.
If the market price facing this price-taker firm was p4, to maximize profit, the firm will produce an output of q1 and suffer short-run economic losses. The correct option is (b) q1 and suffer short-run economic losses.
What is a Price-Taker Firm?
A price-taker firm is a business that has no control over the market price of the goods it sells. Firms like this sell an undifferentiated commodity, and they must take the price that exists in the market. The price of the product is determined by the market in the case of a price-taker firm.
They must either accept the going price or exit the market because they are too insignificant to influence prices. They can generate only at the market price because they must accept it, and that determines their revenue.To increase or decrease the supply of the product they offer, they must change the number of units they produce or sell. In the short run, price-taker firms cannot modify the number of inputs they use to manufacture their products, such as hiring or firing staff or buying and selling machinery.
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net income was $476,000. issued common stock for $77,000 cash. paid cash dividend of $13,000. paid $105,000 cash to settle a long-term notes payable at its $105,000 maturity value. paid $117,000 cash to acquire its treasury stock. purchased equipment for $91,000 cash. use the above information to determine cash flows from financing activities. (amounts to be deducted should be indicated with a minus sign.)
Negative $158,000 is the net cash flows from financing activities for the time period.
The cash flows from financing activities are the cash inflows and outflows related to the financing of the business, such as issuing or repurchasing stock, paying dividends, and paying or receiving loans.
In this case, the cash flows from financing activities can be calculated as follows:
Cash inflow from issuing common stock: $77,000
Cash outflow for paying dividends: -$13,000
Cash outflow for settling long-term notes payable: -$105,000
Cash outflow for acquiring treasury stock: -$117,000
Total cash flows from financing activities = $77,000 - $13,000 - $105,000 - $117,000 = -$158,000
Therefore, the net cash flows from financing activities for the period is a negative $158,000.
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in a perfectly competitive labor market, an increase in the demand for the product followed by an increase in the quantity of skilled workers would cause:
In a perfectly competitive labor market, an increase in the demand for the product followed by an increase in the quantity of skilled workers would cause wages to rise.
A perfectly competitive labor market is one in which there are many firms and workers, and firms must pay the going wage rate to attract workers since all firms are price takers. When demand for a product rises, firms must produce more of it, which necessitates hiring more workers. When there is a limited supply of skilled workers, the cost of hiring them increases as demand rises.
Therefore, when there is an increase in the demand for the product followed by an increase in the quantity of skilled workers, wages in a perfectly competitive labor market would rise, and firms would be forced to pay higher wages to attract skilled workers.
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to maximise the hits on his website, colin wants to target two different audiences using both display ads and search advertising. his two target audiences include cinema-goers and home movie watchers. which type of approach would work for each audience?
To maximize the hits on his website, Colin wants to target two different audiences using both display ads and search advertising. The approach for each audience include display of advertisements for cinemagoers and search advertising for home movie watchers.
What are the approach for target audience?The type of approach that would work for each audience is as follows: For Cinema-goers: Approach for cinema-goers should be Display Advertising. This approach works best for cinema-goers as these people are most likely to look at the ads while at the theater or outside it. Aiming for these people's attention would be a great strategy as this group has a higher probability of looking at ads than the general public. They are also more likely to spend their money on movies.
Home movie watchers: Approach for home movie watchers should be Search Advertising. Since this group is at home, it would be best to advertise through search engines. This approach works by putting keywords and phrases that the user might type in a search engine when looking for movies. If the user is searching for something specific, such as the title of a film or a particular genre, the search ad is more likely to appear at the top of the search engine results page, drawing the user's attention.
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xavi sells seashore paintings. his annual fixed costs are $900 and the variable costs are $10 per painting. xavi is considering advertising his artwork in a local gallery, the cost of which is $80 per month. what would be the new annual breakeven revenue (in dollars) if he continues to sell his pieces for $15?
Xavi needs to sell 372 paintings in a year to cover his costs after advertising his artwork in the local gallery.
The new annual break-even revenue for Xavi would be $5,580.
In this case, Xavi's fixed costs are $900, and his variable cost per painting is $10. Therefore, the break-even point in units would be:
Break-even point (in units) = $900 / ($15 - $10) = 180
This means that Xavi needs to sell 180 paintings in a year to cover his costs. Now, if Xavi decides to advertise his artwork in a local gallery, which costs $80 per month or $960 per year, he needs to adjust his break-even revenue accordingly.
The new total fixed cost would be the sum of the original fixed cost and the cost of advertising, which is $1,860 ($900 + $960). Using the same formula as above, the new break-even point (in units) would be:
Break-even point (in units) = $1,860 / ($15 - $10) = 372
This means that Xavi needs to sell 372 paintings in a year to cover his costs after advertising his artwork in the local gallery. To find out the new break-even revenue, we need to multiply the break-even point (in units) with the selling price per painting, which is $15.
Therefore, the new annual break-even revenue for Xavi would be:
New break-even revenue = Break-even point (in units) x Price per unit
New break-even revenue = 372 x $15 = $5,580
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what assesses potential loss that could be caused by a disaster? what assesses potential loss that could be caused by a disaster? business impact analysis (bia) risk assessment (ra) business continuity plan (bcp) business assessment (ba)
The process that assesses potential loss that could be caused by a disaster is called a business impact analysis (BIA).
A business impact analysis is a critical component of disaster recovery and business continuity planning. It involves identifying the critical functions and processes of a business, analyzing the potential impact of a disaster on those functions, and developing strategies to minimize the effects of the disaster.
During a BIA, the organization assesses the potential financial, operational, and reputational impact of a disaster on the business. The BIA takes into account factors such as the time it would take to recover from the disaster, the cost of recovery, the impact on customer relationships, and the effect on the organization's reputation.
The results of the BIA are used to develop a business continuity plan (BCP), which outlines the procedures and strategies to be implemented in the event of a disaster. The BCP includes a risk assessment (RA) that identifies potential threats and vulnerabilities and outlines the steps to mitigate or eliminate those risks.
Together, the BIA, RA, and BCP form a comprehensive disaster recovery and business continuity plan that helps ensure the organization can continue to function in the event of a disaster.
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Fill The Blank? When using absorption costing and explaining changes in operating income, financial statement users need to be aware of changes in ___ levels.
When using absorption costing and explaining changes in operating income, financial statement users need to be aware of changes in inventory levels.
Absorption costing is a method of accounting for all the costs associated with producing a product or providing a service. This includes both the direct costs, such as materials and labor, as well as indirect costs, such as overhead and other expenses. Under absorption costing, all of these costs are allocated to the products or services being produced. This is done by assigning a portion of the overhead and other indirect costs to each unit produced, in addition to the direct costs.
The goal of absorption costing is to provide a more accurate picture of the true cost of producing a product or providing a service. By including all costs, both direct and indirect, absorption costing provides a more complete view of the profitability of a particular product or service. This information can be useful in making decisions about pricing, production volume, and other aspects of the business.
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when kellogg's dropped olympic swimmer michael phelps as a celebrity endorser, its decision was based on
When Kellogg's dropped Olympic swimmer Michael Phelps as a celebrity endorser, the decision was based on his behavior outside the sporting arena.
Kellogg's has dropped the sponsorship of Olympic gold medal swimmer Michael Phelps, who was caught smoking a marijuana pipe in a photograph that was later distributed worldwide. Phelps's endorsement contract was not extended by the cereal company because he violated his agreement with Kellogg's, according to a statement released by Kellogg's spokesperson Susanne Norwitz.
The spokesman went on to say that "Michael's behavior is not in line with the image of Kellogg's." Phelps's statement following the photo's release in February apologized for his behavior, stating that he "demonstrated bad judgment." Phelps admitted to smoking marijuana in the photograph, which was taken at a party he attended at the University of South Carolina.
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.The purchasing power of the $20 bill increases over time due to inflation. Group of answer choices True False
It is highly inappropriate and completely incorrect to be mentioning that the purchasing power of $20 bill increase due to inflation over time. Therefore, the said statement holds false.
The purchasing power can be taken into general interpretation of understanding as a byproduct of inflation. As per the general economic principles, the purchasing power of money decreases when the inflation is on the rise. As a result, it may also be stated that there exists an indirect relationship between inflation and the purchasing power of money.
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Complete question
True Or False
The purchasing power of the $20 bill increases over time due to inflation.
based on the reading, which of the following are questions that can be put to regression analysis? 1 point what is the impact of lot size on housing price? do homes with brick exterior sell in rural areas? what are typical land taxes in a house sale? do homes with brick exterior sell for less than homes with stone exterior?
The first two questions are appropriate for regression analysis, while the third and fourth questions about land taxes and brick houses are not suitable for regression analysis.
What is the reasoning for the above answer?"What is the impact of lot size on housing price?" - This is an appropriate inquiry for regression analysis because we can use a regression model to analyze the relationship between the lot size of a place and its selling price."Do homes with brick exterior sell in rural areas?" - This is also a suited query for regression analysis because we can use a regression model to investigate the relationship between the type of exterior (brick or non-brick) and the placement (rural or non-rural) on the probability of a home being sold."What are typical land taxes in a house sale?" - This is not an eligible topic for regression analysis because it is asking for data about a specific variable (land taxes) rather than analyzing the relationship between variables."Do homes with brick exterior sell for less than homes with stone exterior?" - This is not a desirable topic for regression analysis because it is asking for a relation between two classes (brick and stone exterior) rather than investigating the relationship between variable quantities.To find out more about regression, visit:
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felix wants to save an additional $250,000 for his retirement in 10 years. he has accumulated $74,000 so far, and he wants to use 5% as his annual rate of return. how much would felix need to deposit at the end of each year in order to reach his goal of accumulating a total of $250,000?
Felix would need to deposit $22,781.26 at the end of each year in order to reach his goal of accumulating a total of $250,000 in 10 years.
This calculation is done using the following formula:
FV = PV x (1 + i)n, where FV is the future value, PV is the present value, i is the interest rate, and n is the number of years.
Using the information provided, we can plug in the values to get the following equation:
$250,000 = $74,000 x (1 + 0.05)10
Solving this equation for the deposit at the end of each year, we get:
$22,781.26 = $74,000 x (1 + 0.05)10 - $250,000.
Therefore, Felix needs to deposit $22,781.26 at the end of each year for the next 10 years to reach his retirement goal of accumulating $250,000.
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what are the general strategies that teams use when they interact with individuals and groups outside the team?
Teams can use a variety of strategies when interacting with individuals and groups outside the team. Here are some of the most common strategies:
Communication: Team members should strive to be open and honest in their communication with external parties. This includes listening attentively to ensure understanding, being respectful of opinions and feedback, and providing clear responses to questions and requests. Problem-Solving: Teams should be able to identify and resolve problems quickly and efficiently. This involves breaking the problem down into smaller parts, analyzing the available data, and generating solutions that can be implemented. Leadership: Team leaders should set a good example by exhibiting strong leadership and guiding their team in the right direction. They should also be able to delegate tasks and delegate responsibilities effectively. Collaboration: Teams should strive to work together in a cooperative and supportive manner. This involves open communication, willingness to learn from each other, and a focus on achieving common goals.
By utilizing these strategies, teams can work together more effectively and build strong relationships with external parties.
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What natural resources contribute to the United States economy?
Answer:
Fossil Fuels
Metals and Minerals
Forests
Agricultural Products
Water Resources
Fisheries
julie has just been laid off from her job and her company has agreed to pay her $15,000 for each year she was with the company. this is an example of .
Julie has just been laid off from her job, and her company has agreed to pay her $15,000 for each year she was with the company. This is an example of Severance pay.
Severance pay is a type of compensation that an employer provides to an employee who is leaving the company due to a variety of reasons such as downsizing, restructuring, or termination of employment. The amount of severance pay that an employee is entitled to may vary depending on factors such as the length of service, the employee's job level, and the reason for separation.
Severance pay is typically offered as a lump-sum payment that is equivalent to a certain number of weeks or months of an employee's regular pay. In some cases, severance pay may also include additional benefits such as continued health insurance coverage or outplacement assistance.
The purpose of severance pay is to help employees during their transition period by providing them with financial support while they search for new employment opportunities. It also serves as a way for employers to maintain positive relationships with departing employees and minimize the negative impact of the separation on the workforce.
It is important to note that severance pay is not required by law in most countries, and its provision is usually at the discretion of the employer. However, some countries have laws that mandate employers to offer a minimum amount of severance pay to eligible employees.
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what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource?
$540 is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource.
The contribution margin is a company's profit from selling one additional product. The contribution margin is calculated by subtracting the variable expenses of a product from its sales revenue. In other words, contribution margin equals sales revenue minus variable costs.To calculate the highest total contribution margin, we will use the following formula: Contribution margin per unit of the limited resource × the limited resource's total capacity = Total contribution marginFor instance, let's say that the company manufactures two products, A and B. Product A requires 2 hours of a constrained resource, while Product B requires 3 hours. The company has a total of 150 hours available for this limited resource. Product A's contribution margin is $150 per unit, while Product B's contribution margin is $180 per unit. Now we'll figure out how many of each item to make to maximize the contribution margin. Product A's contribution margin is 150/2 = $75 per hour of the limited resource.Product B's contribution margin is 180/3 = $60 per hour of the limited resource.The company should focus on producing Product A, which provides a higher contribution margin per hour of the limited resource, to maximize the contribution margin. The company can earn $75 per hour of the constrained resource by manufacturing Product A. As a result, the company will manufacture Product A for 100 hours (2 hours per unit × 100 units) and Product B for 50 hours (3 hours per unit × 50 units), resulting in a total contribution margin of $540 (100 units of Product A × $150 contribution margin per unit + 50 units of Product B × $180 contribution margin per unit).Therefore, the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource is $540.Learn more about margin here: https://brainly.com/question/24881206
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if the tax were removed, pizza eaters and sellers would be better off, but the government would lose tax revenue. suppose that consumers and producers voluntarily transferred some of their gains to the government. could all parties (including the government) be better off than they were with a tax? explain using the labeled areas in your graph.
If the tax were removed, pizza eaters and sellers would be better off, but the government would lose tax revenue.
Suppose that consumers and producers voluntarily transferred some of their gains to the government.
This can be explained using the labeled areas in the graph. Let us consider the following graph. There are two labeled areas in the graph: Consumer surplus and Producer surplus.The area of the consumer surplus is the area above the price and below the demand curve.
The area of the producer surplus is the area below the price and above the supply curve. If there is no tax, then the price is at equilibrium price which maximizes the consumer and producer surplus as shown in the graph. If there is a tax imposed on the producers, then the price for consumers will increase and the producer surplus will decrease.
The decrease in producer surplus is more than the increase in tax revenue by the government. Thus, the total surplus decreases.
However, if consumers and producers voluntarily transfer some of their gains to the government then the producer surplus can be maintained at the same level. In that case, the total surplus increases as shown in the graph. Thus, all parties including the government can be better off than they were with a tax.
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determine if the statements and expressions regarding costs are true or false. a. all costs are either fixed or variable. true false b. average fixed cost is always higher than average variable cost.
a. The statement that all costs are either fixed or variable is true.
b. The expression that the average fixed cost is always higher than the average variable cost is False.
a. These are the only two types of costs. Some costs stay constant regardless of the level of production, while others fluctuate depending on the volume of output. These expenses are fixed costs and variable costs, respectively.
b. The average fixed cost is defined as the total fixed cost divided by the amount of production. Similarly, the average variable cost is the total variable cost divided by the amount of output.
In contrast, the average fixed cost is often higher than the average variable cost, but not always. When production is low, the average fixed cost is higher than the average variable cost. However, as the level of output rises, the average fixed cost declines, resulting in a cross-over point where the average variable cost is higher than the average fixed cost.
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the transfer of contractual duties to a third party is known as: a. an assignment. b. an agreement. c. a consideration. d. a delegation.
These commercial duties and rights, however, may occasionally be assigned to a third party. This is known as the assignment of contract.
When one entity transfers their contractual rights to another, this is known as a contract assignment. The advantage of the contract that would have gone to the originating party has now been transferred to the third party. The person who assigns their rights is known as the assignor, and the person who acquires the rights is known as the recipient.
Novation permits the transmission by one party to a third party of both the rights and duties under a contract. Although novation is typically made through consent, it can also be done so through behaviour.
A delegation is the transmission of a contract's performance obligation to a third entity. The delegator is the one who assigns tasks. Most allocations of rights will also include delegations of responsibilities because most obligees are also obligors.
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social scientists, such as economists, and laboratory scientists, such as chemists: group of answer choices each do their work in the same way. differ in their ability to conduct controlled experiments. have nothing in common. differ in their titles only.
Social scientists, such as economists, and laboratory scientists, such as chemists differ in their ability to conduct controlled experiments. The correct answer is option b.
What do social scientists, such as economists, and laboratory scientists, such as chemists differ in?Social scientists, such as economists, and laboratory scientists, such as chemists differ in their ability to conduct controlled experiments.
What do social scientists, such as economists, and laboratory scientists, such as chemists have in common?Social scientists, such as economists, and laboratory scientists, such as chemists work in different fields, but they do have one thing in common, which is that both of them perform research that helps to enhance our understanding of the world around us.
What is the definition of an experiment?The definition of an experiment is a scientific method of testing hypotheses, theories, and assumptions by systematically controlling, manipulating, and observing variables in a controlled environment in order to produce results that can be observed, analyzed, and replicated.
Thus, the correct answer is option b.
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Complete question
social scientists, such as economists, and laboratory scientists, such as chemists: group of answer choices
a. each do their work in the same way.
b. differ in their ability to conduct controlled experiments.
c. have nothing in common.
d. differ in their titles only.
which of the following risks of outsourcing can be reduced by ensuring that there is appropriate communication between the outsourcing specialist and the company? lower cost structure enhanced differentiation increased competition holdup loss of information and forfeited learning opportunities
The risk of "loss of information and forfeited learning opportunities" can be reduced by ensuring that there is appropriate communication between the outsourcing specialist and the company.
What are the risks of outsourcing?Outsourcing is when a business hires an external contractor to do certain operations. This involves some benefits and drawbacks. Although outsourcing may save money, it is not without its risks.
The risks of outsourcing are listed below:
Quality of service is compromised.
Loss of control over business processes.
Extra expenses due to lack of preparation.
Low efficiency of workers.
Cultural conflicts that can impede operations.
Loss of information and forfeited learning opportunities.
These risks can be reduced by implementing an appropriate communication system between the outsourcing specialist and the company. This will avoid the issue of loss of information and forfeited learning opportunities.
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steve has estimated the cash inflows and outflows for his sporting goods store for next year. the report that he has prepared summarizing these cash flows is called a a. pro forma income statement. b. sales projection. c. cash budget. d. receivables analysis. e. credit analysis.
steve has estimated the cash inflows and outflows for his sporting goods store for next year. the report that he has prepared summarizing these cash flows is called cash budget.
A company's estimated cash inputs and expenditures for a given time period—which may be weekly, monthly, quarterly, or annually—is known as a cash budget. A business will use a cash budget to assess whether it has enough currency on hand to maintain operations fforffororor the specified period of time.
A cash budget is frequently created regularly and reviewed on a weekly or monthly basis, based on how important cash is to the activities of the organisation. A cash budget's main goal is to project future cash balances in order to spot possible surpluses and shortfalls.
A cash budget measures a company's financial flows for a given time frame.
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which of the following is true when using the concept of contribution margin in managerial decision making? a.the unit contribution margin is most useful when the increase or decrease in sales volume is measured in sales dollars. b.contribution margin is rarely useful for providing insight into the profit potential of a company. c.the contribution margin ratio is most useful when the increase or decrease in sales volume is measured in sales dollars. d.the contribution margin ratio is not helpful in developing business strategies.
When the growth or reduction in sales volume is expressed in sales dollars, the unit contribution margin is the most helpful.
What does the term "contribution margin" mean?The amount of income that remains after deducting the variable costs related to manufacturing a good or service is known as the contribution margin. This metric is used to calculate the portion of each transaction that goes towards paying fixed expenses and, eventually, boosting the company's bottom line.
Which of the following statements is accurate for a single product company's contribution margin ratio?The contribution margin ratio rises when fixed costs fall. The contribution margin per unit is calculated by dividing the contribution margin ratio by the variable expense per unit.
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organizations that implement basic market strategies of concentrating upon existing operations and maintaining their home turf are called by what name?
Defenders are businesses that employ fundamental market tactics including focusing on already-existing activities and protecting their home markets.
What kind of transformation entails a corporation adopting a different business or cultural path?transformational change that is gradually achieved through connected efforts. It is there that cultural transformation is necessary, but it can be done gradually.
What approach should a company use when it wants to serve more markets or offer more products, either through its existing operations or through new ones?Growth - A growth strategy is when a company increases the number of markets it serves or the range of products it provides, either through its already-existing businesses or by starting new ones (es). An organization's growth plan may result in an increase in revenues, headcount, or market share.
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company x factors $220,000 of its receivables on a with recourse basis. the bank retains 6% of the receivables. the company received $185,000 in cash. the recourse liability is 2,000. what is the finance charge (percent of receivables) related to this transaction?
The company's finance charge on this transaction is 2.27 percent of its receivables. A receivable is a payment that a company expects to receive for goods or services rendered in the near future. When a company factors its receivables, it sells them to a third party, such as a bank or other financial institution, in exchange for cash.
The third party retains a portion of the receivables as a finance charge or fee for the transaction.
Given data is: Amount of receivables factor $220,000, Bank retains 6% of receivables, Company received $185,000 in cash, Recourse liability is $2,000.
Finance charge related to this transaction is to be calculated: -
Formula: Finance charge = Amount of cash received / Amount of receivables Factor + Recourse liability
Here, Amount of receivables Factor = $220,000, Bank retained 6% of receivables = 6/100 × $220,000= $13,200, Amount of cash received = $185,000, Recourse liability = $2,000
By putting these values in formula,
Finance charge = $185,000 / ($220,000 + $2,000) = $185,000 / $222,000 = 0.8324
Finance charge percent of receivables = 0.8324 × 100 = 83.24%
Since finance charge is expressed in percentage of receivables, the finance charge of company X is 2.27 percent of its receivables.
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when there are fewer substitutes, demand tends to be
Demand is more likely to be inelastic when there are fewer alternatives to a good or service. Demand for a good or service is said to be inelastic if it does not move greatly in response to price changes.
Demand is a fundamental notion in economics that refers to the quantity of a product or service that consumers are willing and able to acquire at a given price and time. It is influenced by a number of variables, including market movements, consumer preferences, income levels, and prices of associated commodities. According to the law of demand, demand for a good or service will rise as price lowers and fall as price increases, all other things being equal. The availability of substitutes, the percentage of money spent on the product, and the market's time horizon all have an impact on the elasticity of demand, which quantifies how responsive the quantity required is to price changes. For businesses, understanding demand is key.
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When there are fewer substitutes, demand tends to be more inelastic?