Answer:
The correct answer is the option C: Casual ambiguity.
Explanation:
To begin with, in the field of business the concept known as "Casual Ambiguity" refers specifically to the situation where the competitors of a company do not understand how the inputs are combined in order to form the outputs due to the fact that they believe that there are several more factors that are not tangible that are affecting the production and that is why that the outputs end up being better products and more complicate it to understand. That is the case presented where the casual ambiguity is related to the life lessons and efforts that Michelle has done during his volunteer time.
Answer: C. Casual ambiguity
Explanation:
Inimitability refers to having qualities that cannot be so easily copied. In business, it gives rise to a competitive advantage that sets you apart from others.
One reason for inimitability is casual ambiguity. This refers to when the background of a company does not seem to correlate with or explain how the company in question, came to be successful. This ensures that other companies are unable to understand what they are to do to become as successful as those companies.
It is the case here. Competitors are unable to understand how paintings and growing up in an orphanage are helping Michelle so they cannot copy her strategy.
10. Publishing representatives who call on college professors to inform them of their company's new publications have a great deal of freedom in their jobs. They have only a general sales pitch, which they tailor as needed. Based on this information, we can say that the job of these publishing representatives ________.
Answer:
Scores low on degree of formalization
Explanation:
Degree of formalization of a process is the level to which the process is free of the personal input of the individual executing the process.
It implies that in high degree of formalization process execution is set and the same steps are followed by all participants.
In the given instance Publishing representatives have a great deal of freedom in their jobs.
They tailor their sales pitch as they see fit.
This shows a low degree of formalization in the sales process
If a business is using factors of production 100% efficiently, the plot will be on the curve. However, most business efficiency falls inside the
curve. Why is this?
A. They are not making efficient use of their factors
of production.
B. They are making over 100% efficient use of their
factors of production.
C. They are making inequitable use of their factors
of production.
Answer: A. They are not making efficient use of their factors of production.
Explanation:
Production Possibilities Curve helps in capturing opportunity cost and scarcity when an economy produces two goods or services.
It should be noted that the points on the interior of the PPC simply means that the economy is inefficient. The points on the PPC implies that the economy is efficient, while the points beyond the PPC simoky means that they are unattainable.
Based on the question, the production points inside the curve simply implies that the economy isn't producing at its comparative advantage, and therefore, they are not making efficient use of their factors of production.
Jay Bird is a partner in Soundview Partnership. The adjusted basis of his interest is $19,000, of which $15,000 represents his share of partnership liabilities. Jay's share of the partnership's unrealized receivables is $6,000. The partnership has no substantially appreciated inventory items. Jay sold his partnership interest for $28,000 cash plus $15,000 of his liability relief. What is the amount and character of his gain
Answer:
Ordinary income of $6,000; Capital gain of $18,000
Explanation:
Calculation to determine the amount and character of his gain
First step is to calculate the The total gain on the sale of his partnership
Using this formula
Total gain on the sale of his partnership = ( Cash + Relief of his share of liabilities -Basis )
Let plug in the formula
Total gain on the sale of his partnership=$28,000+$15,000+$19,000
Total gain on the sale of his partnership=$24,000
Now let determine the amount and character of his gain
The UNREALIZED RECEIVABLES amount of $6,000 will be the ORDINARY INCOME while the remaining amount of $18,000 Calculated as ($24,000-$6,000) will be the CAPITAL GAIN.
Therefore the amount and character of his gain will be: Ordinary income of $6,000; Capital gain of $18,000
Capital budgeting decisions ______. Multiple select question. involve an immediate cash outlay in order to obtain a future return are day-to-day decisions made by managers require little or no thought before being made require a great deal of analysis prior to acceptance
Answer:
involve an immediate cash outlay in order to obtain a future return
require a great deal of analysis prior to acceptance
Explanation:
A capital budgeting decision refers to an investment and the financial commitement. If we considered a project so here the business is making the financial commitment and at the same time it invest in the longer period that have an influence on the future projects
So it is an instant cash outflow for gaining a future return and also have a great deal before accepting it
What is price index number?
Answer:
Price index number can be defined as a measure of how the price of goods and services change over a specific period of time.
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered.
Generally, the price a consumer (buyer) would pay for goods and services are primarily being set by the seller or service provider.
In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
Price index number can be defined as a measure of how the price of goods and services change over a specific period of time.
Hence, it's a statistical value (number) that is typically used for expressing the price change of goods and services as a percentage of prices in a base year.
On a related note, the consumer price index (CPI) is a measure used to analyze and examine the weighted average or aggregate of prices of a basket of goods and services paid for by consumers such as medical, food, and transportation.
government revenue will increase if taxes are leved on --------- -perfectly elastic demand -unitary elastic demand -perfectly inelastic demand -fairly elastic demand
Answer:
If the price for an inelastic good is lowered, the demand for that good does not increase, resulting in less overall revenue due to the lower price and no change in demand
Answer:
to hard ooooooo help me bro
Find out the municipal taxes you are subjected to. Calculate your average annual tax payments to your municipality.
(I'm not sure what this question for my online financial class is asking, can someone help?)
Answer:
I conducted an online research on the state of Virginia. The state of Virginia has 95 counties, 39 independent cities, and 190 incorporated towns. Only elected governing bodies can impose local taxes in this state of Virginia. A bulk of the local tax money comes from property taxes.
The following is the list of municipal taxes a consumer in all counties and cities of the state of Virginia is subjected to:
Items Tax Percentage Districts
Retail sales tax 0.7%
Occupancy tax 2.1% only for the Northern Virginia Planning District
Fee on grantors of real estate $0.15 to $100 of the value of property sold only for the Northern Virginia Planning District
Wholesale distributors of motor fuel 2.1% Hampton Roads Planning District
Restaurant meal 1%
Communication taxes 1.05%
Motor vehicle rental tax 4%
Explanation:
I conducted an online research on the state of Virginia. The state of Virginia has 95 counties, 39 independent cities, and 190 incorporated towns. Only elected governing bodies can impose local taxes in this state of Virginia. A bulk of the local tax money comes from property taxes.
The following is the list of municipal taxes a consumer in all counties and cities of the state of Virginia is subjected to:
Items Tax Percentage Districts
Retail sales tax 0.7%
Occupancy tax 2.1% only for the Northern Virginia Planning District
Fee on grantors of real estate $0.15 to $100 of the value of property sold only for the Northern Virginia Planning District
Wholesale distributors of motor fuel 2.1% Hampton Roads Planning District
Restaurant meal 1%
Communication taxes 1.05%
Motor vehicle rental tax 4%
How have people been lately good? bad? something else?
Answer:
People have been very bad lately
Working capital is ______. Multiple select question. treated as a cash inflow when released at the end of a project. not discounted when computing the net present value of an investment treated as a cash outflow when required at the beginning of a project. not treated as a cash flow in an investment project.
Answer:
treated as a cash inflow when released at the end of a project.
Explanation:
A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.
The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;
1. Cash-flow from operating activities
2. Cash-flow from investing activities.
3. Cash-flow from financing activities.
Basically, a cash inflow can be defined as an amount of money that flows into a business.
In Financial accounting, working capital is calculated by subtracting the value of current liabilities from current assets.
Working capital often increases when a new project is taking up, is treated as a cash inflow when released at the end of a project and it's typically treated as a cash-outflow if it's required at the start (beginning) of a project.
Labor and management at Leo Trucking cannot seem to agree upon a contract for the truck drivers. As each side contends that they are bargaining fairly, no agreement seems to be possible. The drivers are threatening to go on strike, and management knows that such a strike would prove to be costly. None of the parties involved in the dispute wants to reach a win-win agreement. They are each highly focused on their demands, which they would like to achieve, otherwise known as their ________ points. target tolerance focal distribution resistance
Answer:
resistance points
Explanation:
In simple words, The resistance level can be understood as the lowest point where a mediated settlement will be accepted. For a vendor, this implies the smallest number (minimum) or end result they are willing to take, whereas for a purchaser, it implies the highest number (upper limit) or bottom boundary they are willing to spend.
Thus, from the above we can conclude that the correct answer is resistance point.
Identify the true statements about materials requirements planning. (Check all that apply.) Multiple select question. It is considered a push system. It is used widely, especially in manufacturing. It is similar to kanban scheduling. It uses a time-phased schedule that is based on lead time. It solely considers the number of actual orders for the planning of material requirements.
Material requirements planning is simply used for the management of manufacturing processes.
The main aim of the materials requirement planning is that it helps in keeping production activities on track. Also, there's better inventory control and an improvement in scheduling.
Based on the options given, the true statements about materials requirements planning include:
• It is used widely, especially in manufacturing.
• It is considered a push system.
• It uses a time-phased schedule that is based on lead time.
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In Sam's greenhouse operation, labor is the only short term variable input. After completing a cost analysis, if the marginal product of labor is the same for each unit of labor, this will imply that
A. the average product of labor is always equal to the marginal product of labor.
B. the average product of labor is always greater that the marginal product of labor.
C. the average product of labor is always less than the marginal product of labor.
D. as more labor inputs are used, the average product of labor inputs will fall.
Answer:
i think the answer is C. the average product of labor is always less than the marginal product of labor.
Explanation:
:)
Eloise, a medical equipment sales rep, purchases a quick snack to eat on the way to work. She buys lunch while on the road visiting customers, and grabs bread and milk on the way home when she stops to buy gas. Eloise probably does the majority of this shopping at a
Answer:
convenience store
Explanation:
A convenience store is a retail store that usually sells a large range of everyday items to customers.
The amounts of these products are usually in small amounts (not wholesale).
Items sold could include drinks, coffee, snacks, over the counter drugs, milk, bread, and so on.
In the given scenario Eloise purchases a quick snack, lunch, bread,, milk, and gas during the day.
She is most likely making purchases from a convenience store
A company has budgeted direct materials purchases of $290000 in July and $460000 in August. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During August, the following items were budgeted: Wages Expense $80000 Purchase of office equipment 65000 Selling and Administrative Expenses 42000 Depreciation Expense 29000 The budgeted cash disbursements for August are
Answer:
$596,000
Explanation:
Calculation to determine what The budgeted cash disbursements for August are:
Wages Expense $80,000
Add Purchase of office equipment $65,000
Add Selling and Administrative Expenses $42,000
Add August budgeted direct materials $322,000
($460,000*.70)
Add July budgeted direct materials $87,000
($290,000*.30)
Budgeted cash disbursements $596,000
($80,000+$65,000+$42,000+$322,000+$87,000)
Therefore The budgeted cash disbursements for August are $596,000
The Splash clothing brand has been in business for 30 years. People wear the clothes because they embody independence and strength. Even when the company faced allegations of child labor, the public defended the company and bought Splash jeans in support of the company. In the 90s, as prices soared and many competitors entered the market, people flocked to Splash stores in record numbers. What has the Splash brand created
Answer:
18s I think is that 70 it will be 1870
When units produced exceed units sold, net income will generally be ______ costing. Multiple choice question. the same under both absorption costing and variable higher under variable costing than under absorption higher under absorption costing than under variable
Answer:
higher under absorption costing than under variable costing.
Explanation:
Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.
In Business management, when the total units of goods produced by a business firm (manufacturer) exceed the total units of goods sold, net income will generally be higher under absorption costing than under variable costing.
Aesha works for a moderately priced running shoe manufacturer and while their products are lower in cost, there is a high degree of consumer pressure to create the best quality running shoes possible and to constantly innovate with new designs. Which aspect of Porter’s Diamond does this demonstrate
Answer:
Demand conditions
Explanation:
Demand conditions means the size and the nature of the customer base for the products that could result in innovation and the improvement related to the product.
Since in the given situation it is mentioned that their products contains less cost but they develop the best quality shoes also they innovate the products from time to time so this represent the demand conditions
what is Photosynthesis?
Freé points -,-
Answer:
photosynthesis is a process by which green plants prepare their own food with the help of sun light and chlorophyll.
Answer:
the process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water. Photosynthesis in plants generally involves the green pigment chlorophyll and generates oxygen as a by-product.
A client has a third-degree burn on the leg. The wound is being treated by the open method. After about 4 days, a hard crust has formed around the leg and is impairing the circulation to the leg. What procedure would be done to relieve pressure on the affected area?
A. escharotomy
B. debridement
C. allograft
D. silvadene application
your answer is third hope it's helpful to you
Allograft procedure would be done to relieve pressure on the affected area.
What is Allograft?Allograft refers to the transplant of an organ or tissue from one person of the same species to another with a different genotype. For instance, an allograft is a transplant from one individual to another who is not an identical twin. Many human transplants, including those involving cadaveric, live related, and living unrelated donors, use allografts. also referred to as a homograft or an allogeneic graft.
Allografts can be used in a variety of conditions with varied degrees of severity. For instance, bone allograft transplants can be utilized for more cosmetic purposes in dentistry or plastic surgery, as well as to repair limbs in orthopedics.
Allograft transplants can be employed both during the operation and directly for the treatment of patients. A type of bone putty created from donated bone or tissue material is called a demineralized bone matrix. Musculoskeletal allograft transplants are the most popular kind of allograft transplants.
This relates to one of the primary justifications for the use of allograft transplants: synthetic materials can have characteristics that differ from those of biologically human tissue and may not be appropriate for the intended application. In addition, tissue from an allograft transplant usually fuses with the recipient's own tissue over time, becoming an indistinguishable component of the recipient's body. If one's own tissue cannot be used in sufficient quantities, allograft transplants may be employed.
Tissues can be prepared for allograft transplantation using a variety of techniques. To get rid of as many cellular components as feasible, the tissue is treated with antibiotics, and detergents during aseptic processing.
It is also possible to chemically sterilize allograft tissue using the sterilization process. Gamma irradiation, a type of electromagnetic radiation that purges the tissue of microorganisms, is frequently combined with this. However, viruses might not be eliminated by gamma radiation.
Hence, correct option is C.
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Plankton Company uses LIFO for all of its inventories. During its second quarter of 20X1, Plankton experienced a LIFO liquidation. Plankton fully expects to replace the liquidated inventory in the early part of the third quarter. How should Plankton report the inventory temporarily liquidated on its income statement for the second quarter
Answer: Cost of goods sold for the second quarter should include the expected replacement cost of the goods temporarily liquidated
Explanation:
LIFO and FIFO are the methods that are used for inventory management. In order for Plankton to report the inventory temporarily liquidated on its income statement for the second quarter, the cost of goods that is sold for the second quarter should consist of the expected replacement cost of the goods temporarily liquidated.
Manufacturing cycle time is best defined as the: length of the work shift, expressed in minutes per day. time it takes a unit to move from one workstation to the next. time between the start of one unit and the start of the next unit. sum of all the task times to make one unit of a product. time from raw materials receipt to finished product exit.
Answer:
time from raw materials receipt to finished product exit.
Explanation:
Manufacturing cycle time is best defined as the "time from raw materials receipt to finished product exit."
To explain better, manufacturing cycle time is the overall time of process that covers the total duration it takes the final production of commodities to be made. That is beginning from the inception stage which is usually raw materials through its conversion stage and eventually into finished goods.
Bryan works as a salesman for Jumbo Corp. Last year his sales target was $3 million. This year in an aggressive bid for growth, the company increased the sales quota for all its sales people to $5 million, although the market for Jumbo Corps products had slowed. In order to meet his target, Bryan bribed an official of a potential customer. The roots of his unethical behavior can be traced to ___ cultural differences in countries. varying ethical standards in different nations. unrealistic performance goals. strong personal ethics among employees.
Answer:
unrealistic performance goals.
Explanation:
Unethical action is defined as one that is carried out by an individual that is seen as wrong or outside of expected behaviour in a particular environment.
In the given scenario Bryan bribed an official of a potential customer.
However his action is as a result of the company increasing the sales quota from $3 million for all its sales people to $5 million.
This is despite the market for Jumbo Corps products having slowed.
The target was unrealistic driving Bryan to take the action he did
A warranty in which the seller warrants that he or she has valid title to the goods he or she is selling and that the transfer of title is rightful is known as a warranty ________. of good title of no interference of no security interests against infringements
Answer:
of good title.
Explanation:
A good can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a good are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.
A warranty can be defined as a written promise or guarantee made by a manufacturer, lessor or seller about the identity or quality of goods and services or a property to a purchaser, promising him or her to repair or replace it if necessary within a specified time frame.
Hence, a warranty in which the seller of a good or service warrants that he or she has valid title to the goods he or she is selling and that the transfer of title is rightful is known as a warranty of good title.
A legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.
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Keep track of your income and expenses for one month. List all your assets and liabilities (debts owed) in a spreadsheet. Based on these documents, develop a monthly budget and a net worth statement.
Leo's Lawncare purchased equipment on January 1. The cost was $15,000, and the equipment had a residual value [salvage value] of $5,000. The equipment was given a useful life of 10 years. After the end of two years, it was determined that the equipment would be obsolete in 5 more years and the residual value would still be $5,000. What will be the depreciation under the straight-line method to the nearest dollar be for the third year
Answer:
$1,600
Explanation:
The computation of the depreciation expense for the third year is shown below:
The yearly depreciation expense is
= ($15,000 - $5,000) ÷ $10
= $1,000
For two years is should be
= $1,000 × 2
= $2,000
Now the depreciation expense for the third year is
= ($15,000 - $2,000 - $5,000) ÷ 5 years
= $1,600
Exercise A. Answer the following questions. 1. What are the basic points to be considered while running the occupation? Give a short description for each of them.
Answer:
basic pints to be conccedred wile running is u should drink water more and f##k more
Explanation:
Swisher, Incorporated reports the following annual cost data for its single product: This product is normally sold for $48 per unit. If Swisher increases its production to 50,000 units, while sales remain at the current 30,000 unit level, by how much would the company's income increase or decrease under absorption costing
Answer:
$60,000 increase.
Explanation:
Calculation to determine by how much would the company's gross margin increase or decrease under absorption costing
First step is to calculate FOH per unit at 30,000 unit level
FOH per unit=$150,000/30,000 units
FOH per unit = $5 FOH per unit
Second step is to calculate FOH per unit at 50,000 unit level
FOH per unit=$150,000/50,000 units
FOH per unit= $3 FOH per unit
Now let determine by how much would the company's gross margin increase or decrease under
Gross margin=($5 - $3)*30,000
Gross margin = $2 x 30,000
Gross margin = $60,000 increase
Therefore by how much would the company's gross margin INCREASE under absorption costing is $60,000
The invisible hand principle indicates that competitive markets can help promote the efficient use of resources Group of answer choices only if buyers and sellers really care, personally, about economic efficiency. even when each market participant cares only about their own self interest rather than about the overall efficiency of resource use. even if business firms fail to produce goods efficiently. if, and only if, businesses recognize their social obligation to keep costs low and use resources wisely.
Answer:
even when each market participant cares only about their own self interest rather than about the overall efficiency of resource use.
Explanation:
A capitalist economy also referred to as free-enterprise system, pure capitalism, or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a capitalist economy is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a capitalist economy is a type of economy that is completely driven by demand and supply of goods and services.
The invisible hand principle indicates that competitive markets can help promote the efficient use of resources even when each market participant such as producer and suppliers cares only about their own self interest rather than about the overall efficiency of resource use.
The "invisible hand" concept asserts that, the self-interest by producers and suppliers of resources in a market system will automatically promote the public interest as well.
This ultimately implies that, public and private interest will always coincide assuming there exist competition in a free market system.
In conclusion, the invisible hand concept is a metaphorical description of the unforeseen forces that typically moves a free market system or economy.
After creating awareness that the firm's products or services exist, the next goal of integrated marketing communications is to generate consumer action. increase the level of interest among consumers. determine the level of desire needed to sustain action. gain the attention of the consumer. create intentions to purchase the product.
Answer:
increase the level of interest among consumers.
Explanation:
Integrated marketing communications has this basic idea the basic idea is to make sure they're all types of communications and messages I welded together they have to be well link together so that all promotional tools can work together in harmony.
The aims of integrated marketing communication includes
1. The creation of a brand awareness
2. Generating interest for products among the customers
3. Raising desire for the product
4. Trying to create sales of these products.
The answer to this question is increase the level of interest among consumers.
Explain the importance of leisure activities.
Answer:
leisure activities improve the productivity of people
Explanation:
if you feel stressed and then go to a water park, you will get less stressed right?