Answer:
Mean annual salary = $66,000
Explanation:
Given the following data;
Number of employees = 5Employee's salaries = $90,000, $60,000 ,$70,000 ,$90,000 and $20,000.To find the mean annual salary at the company;
First of all, we would find the total amount of salaries.
Total amount = 90,000 + 60,000 + 70,000 + 90,000 + 20,000
Total amount = $330,000
Next, we would calculate the mean annual salary at the company;
[tex] Mean \; annual\; salary = \frac {Total \; salary}{Number \; of \; employees} [/tex]
Substituting into the above formula, we have;
[tex] Mean \; annual\; salary = \frac {330,000}{5} [/tex]
Mean annual salary = $66,000
Answer:
66,000
Explanation:
Recently Kaden switched jobs from a large firm to a medium-sized firm. As one of four project managers at the new firm, Kaden recognizes that employees have much more respect for his expertise than he perceived at the larger firm where there were a minimum of 25 project managers. According to Maslow, which need in his hierarchy is important to Kaden
Answer: esteem
Explanation:
According to Maslow, the esteem need is important to Kaden. Esteem needs simply means the need for self esteem, respect, and self-confidence.
Esteem needs are the basis through which other people value and accept us. As individuals, if we are don't have self esteem, it can bring about inferiority complex. Esteem needs brings about confidence, social acceptance, and respect from others.
Some consumer electronic products such as plasma TVs, DVD players and digital cameras, are introduced at very high prices but over time, their prices start falling (beyond what could be attributed to falling costs as companies take advantage of economies of scale and cheaper technologies). Which of the following is the best explanation for this observation?
A. More firms are likely to enter the consumer electronic market over time, forcing market prices down.
B. Early adopters of these new products typically have a higher demand and higher income compared to those who are willing to wait.
C. Early adopters are more quality conscious and are willing to pay higher prices for the initial production of these goods.
D. After satisfying the demand for early adopters, firms lower price to attract the more price sensitive consumers.
Answer: D. After satisfying the demand for early adopters, firms lower price to attract the more price sensitive consumers.
Explanation:
Based on the scenario given in the question, the reason for the fall in price over time is that after satisfying the demand for early adopters, firms lower price to attract the more price sensitive consumers.
The early adopters are the individuals who use the product before other people starts using it. In this case, once the early adopters have been satisfied, other people will want to buy the product and the price has to be lowered so that such people can afford it.
what is one major negative affect of globalization?
Answer:
The Negative Effects of Globalization on the Environment the massive development of transport that has been the basis of globalization is also responsible for serious environmental problems such as greenhouse gas emissions, global warming pollution.
Negative impacts of globalisation
Globalisation operates mostly in the interests of the richest countries, which continue to dominate world trade at the expense of developing countries. The role of LEDCs in the world market is mostly to provide the North and West with cheap labour and raw materials.
There are no guarantees that the wealth from inward investment will benefit the local community. Often, profits are sent back to the MEDC where the TNC is based. Transnational companies, with their massive economies of scale, may drive local companies out of business. If it becomes cheaper to operate in another country, the TNC might close down the factory and make local people redundant.
An absence of strictly enforced international laws means that TNCs may operate in LEDCs in a way that would not be allowed in an MEDC. They may pollute the environment, run risks with safety or impose poor working conditions and low wages on local workers.
Globalisation is viewed by many as a threat to the world's cultural diversity. It is feared it might drown out local economies, traditions and languages and simply re-cast the whole world in the mould of the capitalist North and West. An example of this is that a Hollywood film is far more likely to be successful worldwide than one made in India or China, which also have thriving film industries.
Industry may begin to thrive in LEDCs at the expense of jobs in manufacturing in the UK and other MEDCs, especially in textiles.
Anti-globalisation campaigners sometimes try to draw people's attention to these points by demonstrating against the World Trade Organisation. The World Trade Organisation is an inter-government organisation that promotes the free flow of trade around the world.
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they miss the point that the world is finite. We don’t have infinite resources, or unlimited ability to handle excess pollution. So we are setting up a “solution” that is at best temporary.
Economists also tend to look at results too narrowly–from the point of view of a business that can expand, or a worker who has plenty of money, even though these users are not typical. In real life, businesses are facing increased competition, and the worker may be laid off because of greater competition.
The following is a list of reasons why globalization is not living up to what was promised, and is, in fact, a very major problem.
2. Globalization increases world carbon dioxide emissions.
3. Globalization makes it virtually impossible.
5. Globalization transfers consumption of limited oil supply from developed countries to developing countries. If world oil supply isn’t growing by very much, and demand is growing rapidly in developing countries, oil to meet this rising demand must come from somewhere. The way this transfer takes place is through the mechanism of high oil prices.
7. Globalization transfers investment spending from developed countries to less developed countries. If an investor has a chance to choose between a country with a competitive advantage and a country with a competitive disadvantage, which will the investor choose? A shift in investment shouldn’t be too surprising.
I hope you got it! Hope this help you!:)
Explanation:
The major negative effect of globalization is companies burn more fossil fuels to ship goods overseas.
The concept of "globalization" describes the growing interdependence of the economies, cultures, and people of many nations as a result of technical breakthroughs, cross-border trade in products and services, and global flows of capital, people, and information.
A rise in wealth inequality and unfavorable working conditions in less developed nations that export goods to more developed nations are just two examples of the negative social effects that globalization may have.
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Swifty Company developed the following information about its inventories in applying the lower-of-cost-or-net realizable value basis in valuing inventories. Product Cost Net realizable value A $112000 $122000 B 84000 76000 C 153000 156000 If Swifty applies the LCNRV basis, the value of the inventory reported on the balance sheet would be $354,000. $362,000. $341,000. $349,000.
Answer:
$341,000
Explanation:
Calculation to determine what the value of the inventory reported on the balance sheet would be
Inventory value=$112000+ 76000+153000
Inventory value=$341,000
Therefore If Swifty applies the LCNRV basis, the value of the inventory reported on the balance sheet would be $341,000
In California, an organization that can raise unlimited sums of money from corporations, unions, associations, and individuals and then spend unlimited sums to overtly work for or against a candidate is called a(n) Group of answer choices
Answer:
Political party.
Explanation:
Democracy can be defined as a government of the people, by the people and for the people.
There are two (2) main types of democracy and these include;
I. Representative democracy: it's also known as indirect democracy and can be defined as a form of government which typically involves the process of having the citizens of a particular country vote to elect representatives (political leaders) to enact laws, create policies and make decisions on their behalf.
II. Direct democracy: it can be defined as a process which typically involves the candidates voting for their preferred choice. Thus, their choices are reflected directly on the subject matter.
In California, a political party refers to an organization that is capable of raising an unlimited amount of money from corporations, unions, associations, businesses, and individuals in order to spend these sums of money to overtly work for its preferred candidate (flagbeaer) or against a candidate belonging to an opposition party.
Some examples of political party in the United States of America are Republican party (Grand old party), Democratic party, Labour party, Green party, etc.
In conclusion, a political party is an organization of people sharing similar political ideologies that provides a platform for a chosen candidate to run as its sole candidate in an election.
Companies that operate in a ___________________ environment have the lowest amount of environmental uncertainty as illustrated in the environmental uncertainty matrix.
Answer:
Simple, stable
Explanation:
External environment
This is commonly known and includes factors, forces, outcomes, situations, and events outside an organization that influences or affect its performance.
The components of external environment includes: economic, demographic, technological, sociocultural, political/legal, global etc.
Stable-simple environment
This environment is said to be very stable and also predictable. The Few components are sort of similar and remain the same. And it requires little need for sophisticated knowledge of components.
define business systems
Answer:
In business terminology, a business system refers to the value-added chain, which describes the value-added process, meaning the supply of goods and services. A business can span one or several business systems. Each business system, in itself, generates economic benefit.hope it helps.stay safe healthy and happy...9. A necessary condition for international portfolio diversification to be beneficial is that: a. The various national market returns exhibit low correlation. b. The various national market returns exhibit high correlation. c. The various national market returns are perfectly positively correlated. d. The various national market returns exhibit correlations that are non-unity. e. The various national market returns are perfectly negatively correlated.
Answer:
A
Explanation:
International portfolio diversification is the process by which an investor diversifies her portfolio by holding both domestic and foreign assets in her portfolio. The aim of this strategy is to reduce the risk of the portfolio.
Correlation is a statistical measure used to measure the relationship that exists between two variables.
1. Positive correlation : it mean that the two variables move in the same direction. If one variable increases, the other variable also increases.
For example, there should be a positive correlation between quantity supplied and price
When there is a positive correlation, the graph of the variables is upward sloping
2. Negative correlation : it mean that the two variables move in different direction. If one variable increases, the other variable decreases.
For example, there should be a negative correlation between quantity demanded and price
When there is a negative correlation, the graph of the variables is downward sloping
3. Zero correlation : there is no relationship between the variables
For an international diversified portfolio, the optimal situation is for the domestic and foreign investments to have little or no correlation
What is your long term career goal?
A corporation that owns brands that offer clothing at different prices is ___________ its brands at different pricing levels.
Answer:
promoting
Explanation:
There are two types of customers in market. Bullish customers prefer to pay high amount for product just for brand name and Bearish customers prefer to get lowest possible quote for a product. It is business strategy to promote their product to both the customers.
Scope describes the full length of time required to complete a project. Group of answer choices True False
Answer:
False
Explanation:
Project scope can be regarded as part of project planning which involves determining as well as documenting listed particular project , tasks, deadlines as well as goals and the cost and deliverables. The documentation of scope of a project is is called a scope statement, this elaborate the boundaries of the project as well as establishment of responsibilities that is required by each team member, then
sets up procedures for verification and approval of of completed work. The scope shed light clearly on project goals which are measurable
realistic and obtainable, it it gives a clear vision and specifies about what is expected as well as when it is expected, and the exoected cost, it also specifies the deliverables as well as milestones and needed resources.
If a family planned to spend $370 for food during March but only spent $348, this difference would be referred to as a:
Answer:
Surplus
Explanation:
Given:
Family planned to spend = $370
Amount spend = $348
Find:
Amount of surplus
Computation:
Amount of surplus = Family planned to spend - Amount spend
Amount of surplus = $370 - $348
Amount of surplus = $22
A surplus is the quantity of an item or resource that is greater than the amount that is actively used.
Universal Containers sells through many different reseller networks. Each reseller's deals are tracked on separate opportunities. The sales manager is concerned that the pipeline report is not accurate due to multiple opportunities for the same end customer. How should the sales process be modified to ensure opportunities are not double-counted in the pipeline
Answer: change the forecast category to omitted on the duplicate opportunities
Explanation:
The sales process should be modified to ensure opportunities are not double-counted in the pipeline by changing the forecast category to omitted on the duplicate opportunities.
When this is done, the multiple opportunities for the same end customer will be curtailed and hence, there'll be accuracy with regards to the pipeline report.
The inability of lower-income groups to sustain the same lifestyle as higher-income groups in the same community is known as:
Answer:
Relative deprivation
Explanation:
Relative deprivation is the inability of lower income groups to sustain the same lifestyle as higher income groups in their same lifestyle as higher income groups in their same community, often resulting in feelings of anxiety and inferiority.
It is the lack of resources such as money, food, clothes, rights, social equality necessary to maintain the quality of life considered acceptable within a given socioeconomic group.
Relative deprivation is a feeling of being worse of than the people one mingles with. For instance: when your group of friends or colleagues all have a car but you couldn't afford one at the moment.
Greg's team was given the task of updating the company's invoice and billing system. They completed the project ahead of schedule and came in way under budget. As a result, everyone on the team received a bonus. This is an example of a(n) ______ reward.
A project is expected to generate annual revenues of $129,300, with variable costs of $72,400, and fixed costs of $18,900. The annual depreciation is $4,950 and the tax rate is 21 percent. What is the annual operating cash flow
Answer:
$42,950
Explanation:
Data and Calculations
Revenue $129,300
Less variable costs ($72,400)
Less fixed costs ($18,900)
add depreciation $4,950
Operating Cash flow $42,950
Thus
The annual operating cash flow $42,950.
why is agriculture considered as a basic level of occupation explain with of explain with example
Answer:
Explanation:
Agriculture is important occupation throughout the world because it is like a backbone to all other occupations and especially its important for we humans to survive. If there is no agriculture then there will not be any healthy population to support any other occupation and hence a very poor world.
A company's vertical scope refers to Multiple choice question. the various products and services that the company offers. the extent to which the company participates in the industry value chain, from raw material extraction to end-user sales. the extent to which the company participates in strategic alliances with other firms. the various offensive strategies that the company can employ.
Answer:
the extent to which the company participates in the industry value chain, from raw material extraction to end-user sales.
Explanation:
An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.
Basically, the organizational structure comprises of three (3) main dimensions and these are;
I. The vertical dimension: this is typically the decision-making responsibilities (decentralization and centralization).
II. The horizontal dimension: this divides the organization into subunits.
III. Integrating mechanisms: it is based typically on the strategic mechanism that controls the various subunits within an organization.
In this context, the vertical scope of an organization or company refers to the extent to which the company participates in the industry value chain, from raw material extraction to end-user sales. Thus, it typically involves two (2) companies at different stages of the supply chain coming together to join forces and form a company.
There are three types of workflows you can create in HubSpot. What are they? Start from scratch, Center on a sales date, and Center on a date property Start from scratch, Center on a marketing date, and Center on a date property Start from scratch, Center on a date, and Center on a date property Start from a contact property, Center on a date, and Center on a date property
Answer:
The three types of workflows you can create in HubSpot are:
Start from scratch Center on a date Center on a date propertyExplanation:
In Hubspot, you create workflows using any of the three methods indicated above.
1. For Start from Scratch workflow types, the activity associated with a workflow is dependent on when the contacts are entered into the workflow.
An example of a Starch from Scratch workflow is:
Sending an email after new contacts submit an inquiry form in order to follow up.
2. For Center on a date, all workflow actions are related to a specific calendar date that is fixed.
An example could be sending our season's greetings to all the client's contacts.
3. For Center on a date property
An example is sending reminder emails based on a contact's training date.
This method relates to workflow actions that are dependent on the nature of the property of the date relating to a contact.
Cheers
There are three types of workflows that can be created in the HubSpot. They are 1. Start from scratch, 2. center on a date ad 3. center on a date property. So, the correct option matching the query is C.
The workflows in hubspot are very easy and are able to be performed in a synchronized manner and by the way of set standard procedure on the hubspot website.
HubSpot is a website that works in the marketing field using the internet and email applications and integrates the user interface with the user-based history for triggering relevant matches.Using of this workflow in the HubSpot can help in reducing the possibility of error in marketing. Advertisements can hamper the user experience only with a good interface.Workflow is basically a term relating to the marketing field where the complete process is automatic and based on computer and artificial intelligence applications to trigger correct emails.Hence, the correct option of three types of workflows in HubSpot is C- Start from the scratch, center on a date, center on a date property.
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encourage outsourcing of production units. protect domestic producers by limiting foreign competition. lower the prices of imported components. tend to benefit consumers and not producers.
Answer:
lower the prices of imported components
Explanation:
In simple words, Job outsourcing allows American businesses to compete more effectively in the international economy. It enables them to advertise to international markets through their abroad operations. They keep labor costs cheap by recruiting in developing countries with poorer living conditions. As a result, the pricing of the items they send back to the United States are lower.
One of the limitations for an entrepreneur of setting up a new business as a franchise is:
Answer:
The first and most significant disadvantage of a franchise is the fact that the franchisee has no control of the business or how it is run (or very limited control). The rules of the business are already established and part of the franchise agreement.
Shampoo manufacturers understand that consumers have different needs when it comes to what type of shampoo they use, such as for curly hair, two-in-one ease of use, or color protection. Knowing that, shampoo manufacturers have divided the market based on these various needs and developed shampoos to accommodate each group. By doing so, these shampoo manufacturers are involved in
Answer:
market segmentation
Explanation:
Market
People or an organization with needs or wants and the ability and willingness to buy.
Market Segment
A subgroup of people or organizations sharing one or more characteristics that cause them to have similar product needs.
Market Segmentation
The process of dividing a market into meaningful, relatively similar, and identifiable segments or groups.
After managers have implemented a decision, they must determine whether it has accomplished the desired result, this is called ______.
Answer:
monitoring
Explanation:
Monitoring is an essential step in tracking the results of an organizational operation. When a decision is implemented in a company, it must be monitored through a systematic collection of data and information that allow the manager to analyze whether the decision is in accordance with the plan, whether the progress is being effective and whether the results are compatible with the planned, being able to make changes to the project if necessary, eliminate bottlenecks and continuously improve organizational operations, achieving greater quality and effectiveness.
Using an end-of-period spreadsheet, the flow of accounting information moves from the a.financial statements to the adjusted trial balance. b.adjusting entries straight to the financial statements. c.adjusted trial balance to the financial statements. d.unadjusted trial balance to the financial statements.
Answer:
C. adjusted trial balance to the financial statements.
Explanation:
The end-of-period spreadsheet can be regarded as accounting tools used in summarizing the movement of transactions that has been carried out throughout an accounting period. It is a tools that give representation of the end of the current accounting period.
permanent accounts that been found
the balance sheet, which are not not closed are been consisted by The post-closing trial balance.
It should be noted that Using an end-of-period spreadsheet, the flow of accounting information moves from the
adjusted trial balance to the financial statements.
Which savings account will earn you the most money?
1.One that earns simple interest monthly.
2.One that compounds interest daily.
3.One that earns simple interest daily.
4.One that compounds interest monthly.
Answer:
one that earns simple interest daily
The savings account that earn you the most money is: 3.One that earns simple interest daily.
Savings account is an account that enables you to save while you earn interest on the amount saved reason being that saving account is an interest earning account.
A saving account that gives you simple interest daily is the best as it will enable to accumulate more interest.
Therefore the savings account that earn you the most money is: 3.One that earns simple interest daily.
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any factor that determines consumers' willingness and ability to pay for products and services. the money or other considerations exchanged for the ownership or use of a product. the practice of exchanging products and services for other products or services. a judgment by a consumer of the worth and desirability of a product or service relative to substitutes.
Answer:
money or other considerations (including other products and services) exchanged for the ownership or use of a product or service.
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
From a marketing viewpoint price is group of choices;
any factor that determines consumers' willingness and ability to pay for products and services. the money or other considerations exchanged for the ownership or use of a product. the practice of exchanging products and services for other products or services. a judgment by a consumer of the worth and desirability of a product or service relative to substitutes.
EXPLANATION
In marketting, Price can be regarded as cost that is been paid by consumers for a product. There should be linkage of price to the real and perceived value of the product by the Marketers, but there should be consideration about supply costs, competitors' prices as well as seasonal discounts. It should be noted that From a marketing viewpoint price is money or other considerations (including other products and services) exchanged for the ownership or use of a product or service.
Waterway Company uses the percentage of receivables method for recording bad debt expense. The accounts receivable balance is $602000 and credit sales are $2680000. Management estimates that 3% of accounts receivable will be uncollectible. What adjusting entry will Waterway Company make to record bad debt expense if the Allowance for Doubtful Accounts has a $5000 credit balance before adjustment
Answer:
Estimated uncollectible account at end = $602,000 * 0.03
Estimated uncollectible account at end = $18,060
Bad debt expense to be recorded = Estimated uncollectible - Balance in allowance account
Bad debt expense to be recorded = $18,060 - $5,000
Bad debt expense to be recorded = $13,060
Date Journal Entry Debit Credit
Bad Debt Expense $13,060
Allowance for Doubtful Accounts $13,060
rey Wolf, Inc., has current assets of $2,360, net fixed assets of $11,200, current liabilities of $1,445, and long-term debt of $4,170. a. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. How much is the company's net working capital? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Answer:
A. $7,945
B. $915
Explanation:
a. Calculation to determine the value of the shareholders' equity account for this firm
Using this formula
Owners' equity = Total liabilities and owners' equity − Current liabilities − Long-term debt
Let plug in the formula
Owners' equity = $13,560 − 1,445 − 4,170
Owners' equity = $7,945
Therefore the value of the shareholders' equity account for this firm is $7,945
b. Calculation to determine How much is the company's net working capital
Using this formula
Net working capital = Current assets − Current liabilities
Let plug in the formula
Net working capital = $2,360 − 1,445
Net working capital = $915
Therefore the company's net working capital is $915
Mr. Grove is particularly concerned about the best policies for creating good-paying jobs in the United States. He noted there is a lot of awareness of, and thus funding going toward, starting new companies in the U.S. What does he think is a better use of the financial resources of the United States in this regard
Answer: incentives to invest in large-scale projects built within the U.S., such as building batteries for electric cars.
Explanation:
An incentive is the “cash or near-cash assistance that's provided in order to either retain or attract business operations.
Following the information given in the question, Mr Grove believes that incentives to invest in large-scale projects built within the U.S., such as building batteries for electric cars will be a better use of the financial resources of the country.
On September 12, Vander Company sold merchandise in the amount of $9,000 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5,600. Jepson uses the periodic inventory system and the gross method of accounting for purchases. Jepson pays the invoice on September 18 and takes the appropriate discount. The journal entry that Jepson makes on September 18 is:
Answer and Explanation:
The journal entry is shown below;
Cash $8,820
Purchases discounts (2% of $9,000) $180
To Accounts payable $9,000
(Being cash received is recorded)
here cash is debited as it increased the assets, discount is debited and credited the account payable as it also increased the liability
