produce fundamental changes that can transform a company or even revolutionize an industry, while enhance existing practices and often represent evolutionary applications of fundamental breakthroughs radical innovations technologies
Radical innovation, as opposed to architectural or incremental innovation, destroys the current system or process and replaces it with something wholly new. Some people equate disruptive innovation and radical innovation. Some claim that there are precise, defined parameters for radical innovation and they are offered by important academic and commercial figures like Clayton M. Christensen. Others, however, support a more individualized definition of what radical innovation is, though they too generally concur that radical innovation completely replaces an existing design, process, or system to produce something significantly new and different. Radical innovation falls on the farthest end of the innovation continuum. A modular innovation involves
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produce fundamental changes that can transform a company or even revolutionize an industry, while enhance existing practices and often represent evolutionary applications of fundamental breakthroughs radical innovations technologies
Radical innovation, as opposed to architectural or incremental innovation, destroys the current system or process and replaces it with something wholly new. Some people equate disruptive innovation and radical innovation. Some claim that there are precise, defined parameters for radical innovation and they are offered by important academic and commercial figures like Clayton M. Christensen. Others, however, support a more individualized definition of what radical innovation is, though they too generally concur that radical innovation completely replaces an existing design, process, or system to produce something significantly new and different. Radical innovation falls on the farthest end of the innovation continuum. A modular innovation involves
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T/F which of the following statements about the impact of the implementation of the affordable care act (aca) on workers compensation is true?
The Medical and Affordable Care Act (ACA) Obesity and Medical Costs under the ACA... No state has decided to reverse the expansion of Medicaid.
What was the outcome of the ACA's implementation?Making sure that every American could afford a health insurance plan was the ACA's primary objective. This made it possible for families whose income was below the poverty line to pay their health insurance premium. This is accomplished through the issuance of tax credits.
What is a benefit of the Affordable Care Act ?more widely known as the Affordable Care Act or Obamacare. The act was enacted to expand coverage, hold insurance companies more accountable, lower healthcare costs, give people more choice for insurance, and increase the quality of healthcare.
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data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile , and the share earned by the bottom quintile
Rose; Fell, A statistical measurement of how many people earn or receive different amounts of income, the distribution of income is just that.
What has changed in the United States' income distribution during the 1970s?Since the middle of the 1970s, income inequality has gotten progressively worse to the point where 90 percent of the population hasn't really experienced much income growth in real terms for the past 45 years, whereas those at the top of the distribution have experienced much, much faster income growth.
How has the distribution of income changed in the US?In other words, the top of the income distribution earned 13.53 times as much as the bottom, a rise of 4.9% from 2020. Additionally, the gap between the middle and bottom of the income distribution grew, going from 4.34 in 2020 to 4.52 in 2021, an increase of 4.0%.
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The complete question is:
Data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile ______ , and the share earned by the bottom quintile _______
GDP and GNP are identical when a exports and imports exactly balance. b. all domestic production is by domestically owned producers and no foreign production is carried out by domestic producers. c. production by domestic producers in other countries is greater than production by foreign producers domestically. d. there are no taxes.
GDP and GNP are identical when all domestic production is by domestically owned producers and no foreign production is carried out by domestic producers. (Option B)
What is GDP and GNP?Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
The expenditure method can be used to calculate gross domestic product: Consumption spending + Investment spending + Government spending + Net export
Gross national product (GNP) is the gross domestic product less income of foreigners in a country plus income from nationals.
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what type of proposal is written to obtain funding from agencies that support worthwhile causes?
a. Grant Proposal
b. Informal Proposal
The purpose of a grant proposal is to secure financing from organizations that champion deserving causes.
What characteristics distinguish a strong grant application?A good grant application should be persuasive, straightforward, and brief. Be sure to provide the donor enough information so that they can understand your proposal and see that you've given it some thought, but avoid being overly verbose. Additionally, the story you include in your grant application should help the sponsor understand your initiative.
What does a grant serve as?Your ideas and initiatives to offer public services and boost the economy can be funded by the government through grants. Grants fund numerous programs included in the Catalog for Federal Domestic Assistance, including innovative research projects, crucial recovery measures, and others (CFDA).
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Jim's Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demand for these two cameras are as follows (DS = demand for the Sky Eagle, Ps is the selling price of the Sky Eagle, DH is the demand for the Horizon and PH is the selling price of the Horizon): Ds = 215 - 0.6PS + 0.25PH DH = 270 + 0.1Ps - 0.55PH The store wishes to determine the selling price that maximizes revenue for these two products. Develop the revenue function for these two models. Choose the correct answer below.
Find the prices that maximize revenue. If required, round your answers to two decimal places. Optimal Solution: Selling price of the Sky Eagle (Ps): $
Selling price of the Horizon (PH): $
Revenue: $
The revenue is produced by the product of pricing and demand: Sky Eagle's revenue function is RS = 229 PS - 0.60 PS2 + 0.35 PSPH, while Horizon's revenue function is RH = 269 PS + 0.10 PSPH - 0.64 PS2.
Where does the maximum amount of revenue occur?The point at which revenue is maximized is when marginal revenue is equal to 0. It happens in our situation when the 6 qty are sold. At this moment, total revenue is likewise high. After this moment, even if the quantity sold is increased, the revenue will not be at its highest.
The variables mentioned are;
DS = 229 - 0.60 PS + 0.35 PH is the demand function for the Sky Eagle.
The DH = 269 + 0.10 PS - 0.64 PH demand function for the Horizon
The quantity demanded is given by the aforementioned demand functions: Consequently, the following is the revenue function, which is obtained by multiplying the price by the demand function:
RS = PS * DS = PS * (229 - 0.60·PS + 0.35·PH) is equal to 229·PS - 0.60·PS² + 0.35·PS·PH
The revenue for Sky Eagle RS is calculated as follows: 229PS - 0.60PS2 + 0.35PSPH; Following are the revenue figures for Horizon:
The maximize revenue for Horizon, RH = 269·PH + 0.10·PS·PH - 0.64·PH².
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Shannon Reeves and Tish Phillips remember their experiences with student protests in the 1960s. Shannon remembers seeing Jimi Hendrix at Woodstock, and Tish remembers burning her bra in front of the central administration building at Yale. These memories about cultural heroes and events are one of the chief characteristics of an age ________.
cohort
These memories about cultural heroes and events are one of the chief characteristics of an age cohort.
What does a cohort mean?A cohort is a group of people who have similar demographic traits or life experiences, such as age but not exclusively. Cohort effects are typically masked by age in cross-sectional research. Cohorts can be, for instance: individuals who had children in the same year. People who retire simultaneously.
What characteristics do cohort study have?The distinguishing characteristic of a cohort study is that the researcher selects participants at a time when they do not yet have the desired outcome and examines the occurrence of the desired outcome between groups of exposed and unexposed (or less exposed) people.
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vango, inc. bought a new delivery van during the year. which of these costs should be expensed as ordinary repairs and maintenance? (check all that apply.)
As Vango, inc. bought a new delivery van during the year, the costs that should be expensed as ordinary repairs and maintenance includes:
B. $900 for cleaning the van during the year.D. $100 oil change on van.What are ordinary repairs and maintenance?In a company, an ordinary repairs and maintenance refers to those activities that owners or users of fixed assets are obliged to undertake periodically in order to be able to utilize such assets over their expected service lives.
These are the current costs that cannot be avoided if the fixed assets are to continue to be used. But, the owner or user of these assets cannot afford to neglect maintenance and repairs as the expected service life may be drastically shortened otherwise.
A maintenance and repairs cost do not change the fixed asset or its performance, but simply maintain it in good working order or restore it to its previous condition in the event of a breakdown.
Missing options " - $40,000 cost of the van - $900 for cleaning the van during the year - $2,000 paid to install shelves inside the van - $100 oil change on van"
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Monopolistic competition differs from perfect competition because in monopolistically competitive markets.
While perfect competition occurs when buyers and sellers are numerous, knowledgeable about the market, and sell homogeneous goods, monopolistic competition is a sort of imperfect competition in which a large number of sellers provide differentiated products that are not perfect replacements.
What is a monopoly?A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces. A market arrangement known as a monopoly has just one seller or producer. A monopoly restricts the number of product alternatives accessible and makes it difficult for rivals to enter the market. Monopolies may result in dishonest business practises. A monopoly has three key characteristics, which are: several buyers and a single vendor. No product that comes close to it. Strong obstacles to new enterprises' entry.
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a nike salesperson is informed by a retailer that ten pairs of shoes are damaged and cannot be sold. after looking at the merchandise, the salesperson determines the damage occurred during the packaging process. what should the nike salesperson do to handle this situation?
The salesperson determines that the damage happened during the packaging process, so Nike returns the product and issues a refund to deal with the issue.
What does it mean to be a salesperson and what it do?
A salesman or saleswoman is a person whose job it is to sell goods or services within a specific territory, at a store, or over the phone. Simply put, a salesperson builds a company's reputation while promoting its products or services. From the initial lead outreach to the actual purchase, they manage customer relationships and act as the primary point of contact.
What are main duties of salesperson and type of job is it?
Using persuasion to sell products and services to prospective customers. Examining the advantages and disadvantages of present and prospective clients. Maintaining productive business relationships to ensure future sales.
A sales position entails attempting to persuade clients to purchase a good or service. People who want to work in sales have a variety of job options available to them because many businesses rely on salespeople to market their products and services.
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which of the following is the best example of a homogeneous good? group of answer choices new cars ice cream soft drinks wheat
At least two vaporous, fluid, or strong parts should be blended consistently across a homogenous combination.
What is a Homogenous combination?
A homogenous blend is one whose parts are equitably circulated all through the whole arrangement, whose creation is consistent, and which gives off an impression of being a solitary substance.
Models: A uniform mix of gases makes up air. A homogenous combination of table salt and water is known as a salt arrangement.
The flavorings, water, and sugar might meet up synthetically to create an answer, however, the carbon dioxide bubbles are not scattered similarly all through the fluid.
Hence, the Homogenous combination best depicts a Cold drink.
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in cell g12, write a formula that uses the alternate 1 flat tax rate to determine the total dollar value of the tax for the income in cell b12.
In cell G12, compose a recipe to compute the complete duty sum for Substitute 1 on the pay in cell B12. Utilize the HLOOKUP capability to decide the Other 1 level assessment rate for the pay in cell B12 and afterward duplicate by the pay to get the dollar sum owed.
Ensure you have utilized outright references suitably and afterward cell autofill down.
In cell H12, compose a recipe to compute the complete duty sum for substitute 2 on the pay in cell B12. Utilize the HLOOKUP capability to decide the Other 2-level assessment rate for the pay in cell B12 and afterward duplicate the pay to get the dollar sum owed. Assuming that done appropriately the outcome in H12 ought to be 16,528.
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despite all the litigation, and ambiguity, at the end of the day, it was very clear that the sukuk was an equity instrument.
Sukuk are Shariah-compliant instruments that are used as an alternative to conventional bonds in the modern capital market.
In theory, sukuk are a type of equity because they are certificates that grant holders ownership of an asset or pool of assets or a claim to its cash flows. In practice, they are known as Islamic bonds because their investors hold debt.
Following the question of whether Sukuk is debt or equity, the purpose of this paper is to classify Sukuk from the standpoint of regulatory bodies and credit rating agencies. Furthermore, the extent to which the innovations in this Islamic instrument distinguish it from conventional bonds in practice will be investigated.
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For the last 20 years, terry has made regular quarterly payments in the amount of $308 into an account paying 1. 5% compounded quarterly. If, at the end of the 20 year period, terry stops making deposits, transfers the balance to an account paying 5. 5% interest compounded annually, and withdraws a annual salary from the account, determine the amount that he will receive every year for 10 years. Round to the nearest cent.
$3,803.97 The amount that he will receive every year for 10 years. Round to the nearest cent.
Deposits? What do you mean?When we add money to your bank account, you make a deposit. You should deposit funds in a bank in order to accumulate savings and earn interest. A request bank is made for money with which you can withdrawal at any time. A deposit free is a long-term investment. You could also put up a deposit in exchange for the loan as collateral.
FV=PV(1+r)n
r= Interest Rate per annum
N= Period=Number of years
For Eg: Let Say We have Rs. 100, Interest rate or Inflation Rate(Technically Known as Discounting Rate)=10%, Year=1
Future Value = 100(1+10/100)1
Future Value= 100(1.1)=110
If We want to know value of money after 2 Years,
Future Value = 100(1+10/100)2
Future Value= 100(1.1)2
Future Value= 100(1.21)=121
Describe a deposit example:An amount maintained in such a bank account is known as a deposit. Demand deposits and fixed deposit are the two categories of deposits.
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in the above figure, if the natural monopoly is regulated using a marginal cost pricing rule, then the firm will group of answer choices produce 8 million units and make an economic profit of $24 million. produce 16 million units and make zero economic profit. produce 16 million units and incur an economic loss of $64 million. produce 12 million units and make zero economic profit.
With a natural monopoly, common complete expenses (ATC) maintain falling because of non-stop economies of scale. In this case, marginal value (MC) is continually beneath common whole cost (ATC) over the whole vary of viable output.
Is a herbal monopoly regulated with the aid of a marginal price pricing rule environment friendly does it make an economic profit?A herbal monopoly will maximize income with the aid of producing at the volume where marginal income (MR) equals marginal prices (MC) and with the aid of then looking to the market demand curve to see what fee to cost for this quantity. This monopoly will produce at factor A, with a quantity of four and a rate of 9.3.
For a monopoly like HealthPill, marginal revenue decreases as it sells extra devices of output. The marginal fee curve is upward-sloping. The profit-maximizing desire for the monopoly will be to produce at the volume the place marginal revenue is equal to marginal cost: that is, MR = MC.
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https://brainly.com/question/1657394#SPJ4the equation of exchange part 2 a. is an accounting identity and is always correct. b. states that expenditures by some people equal income received by others. c. states that the money supply times velocity equals nominal national income. d. all of the above.
The equation of exchange provides the followings:
it is an accounting identity and is always correctits states that expenditures by some people equal income received by othersits states that the money supply times velocity equals nominal national income.Therefore, the Option D is correct.
What is an equation of exchange?In economics, an equation of exchange refers to an identity that shows the relationship between money supply, the velocity of money, the price level and an index of expenditures.
Stuart Mill derived "equation of exchange" based on earlier ideas of David Hume and says that the total amount of money that changes hands in the economy will always equal the total money value of the goods and services that change hands in the economy.
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which of the following refers to a company's suppliers, the suppliers' suppliers, and the processes for managing relationships with them?
The upstream portion of the supply chain refers to a company's suppliers, the suppliers' suppliers, and the processes for managing relationships with them. Thus, option (a) is correct.
What is company's?The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.
The upstream component of the flow is distinct from the downstream portion because the upstream portion is made up of transmission means that connect the company's to its customers.
Therefore, option (a) is correct.
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Your question is incomplete, but most probably the full question was.
A. upstream portion of the supply chain.B. downstream portion of the supply chain.C. supplier's internal supply chain.D. external supply chain.the exclusion amount for a purchased fixed-term annuity can be calculated by dividing the cost of the annuity by the total number of payments.
a. true
b.false
True, the cost of the annuity can be divided by the total number of payments to determine the exclusion amount for a purchased fixed-term annuity.
The statement is true.
What amount is paid out by a fixed annuity?Annuities provided an average return of between 3% and 4% at the time this article was written. This means that starting with the year you purchased the annuity, the annuity provider would compound interest on your annuity at a rate of, say, 3% annually.
A wise investment, fixed-term annuities?For those looking for low risk, lifetime income, and premium protection, fixed annuities make good investments. Another drawback for some may be that a fixed annuity does not provide any inflation protection.
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fill in the blank. if a firm has already paid an expense or is obligated to pay one in the future, regardless of whether a particular project is undertaken, that expense is a(n) __
A cost that a company has already paid or will have to pay in the future, regardless of whether a certain project gets started, is known as a sunk cost. Hence, Option D is correct.
What is the meaning of sunk cost?Sunk costs are expenses that have previously been paid for but cannot be recovered, often known as retrospective costs. Sunk costs are expenses that have already been paid for but cannot be recovered in economics and corporate decision-making.
Marketing, research, the purchase and installation of new hardware or software, salaries and benefits, and facility expenditures are a few examples of sunk costs in the business world.
Therefore, Option D is correct.
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The complete question has been attached in text form:
fill in the blank. if a firm has already paid an expense or is obligated to pay one in the future, regardless of whether a particular project is undertaken, that expense is a(n) __
committed cost
complementary cost
obligated cost
sunk cost
Auditors should design the written audit plan so that:
Multiple Choice
substantive tests prior to the balance sheet date will be minimized.
each account balance will be tested under either tests of controls or tests of transactions.
the audit procedures selected will achieve specific audit objectives.
all material transactions will be selected for substantive testing.
Auditors should design the written audit plan so that: the audit procedures selected will achieve specific audit objectives. Option C
What are Auditors?In most cases, a firm's auditing duties may be carried out either by a person or by a separate organization that has been given that role by the company.
A person must either be certified by the accounting and auditing regulatory body or meet a set of prerequisite credentials in order to be qualified to carry out the duties of an auditor.
Both of these options are required for a person to be qualified to carry out the duties of an auditor.
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which statement below is true concerning a perpetual iventory system
a. It allows for the determination of cost of goods sold after each sale.
b. It requires a physical inventory count to determine the cost of goods on hand.
c. Cost of goods sold is determined based on a physical count at the end of the period.
d. It is used infrequently due to the high cost of determining the cost of goods acquired.
It enables the assessment of the cost of products sold after each sale in a perpetual inventory system. Thus, the correct option is (a) It allows for the determination of the cost of goods sold after each sale.
What exactly is a perpetual inventory system?A perpetual inventory system, also known as a continuous inventory system, is an inventory system in which information on inventory amount and availability is updated on a continuous/real-time basis as a result of doing business. Most of the time, this is accomplished by connecting the inventory system to order entry and, in the case of retail, the point of sale system. Book inventory would be equal to, or nearly equivalent to, real inventory in this case.
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FITB campaigns will sometimes hire actors who pretend to be concerned citizens at corporate or government meetings where they present false testimonials.
This claim is untrue. Sometimes, astroturfing campaigns will use actors to offer fabricated testimonies at business or governmental meetings while they pose as concerned individuals.
What is an astroturf campaign?Astroturfing is the use of phony grassroots efforts to alter public opinion. These campaigns are frequently funded by businesses and governments.In essence, "false grassroots" movements are what astroturfing is. It is a planned effort intended to elicit widespread support for a cause, concept, movement, product, etc. Its name comes from the kind of artificial turf known as Astroturf, which is frequently used in sporting events in place of actual grass.
What separates lobbying on AstroTurf from grassroots lobbying?True grassroots activity often tends to be resource-rich but cash-poor, in contrast to astroturf operations, which are frequently people-poor but cash-rich. The lobbyists in charge of this activism often work for non-governmental groups and political PR agencies.
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The service contract act was enacted to protect economies in the geographical areas where the contract is performed. From the following statements, select the correct statement pertaining to the Service Contract Act:
A) The Service Contract act applies to all service contracts performed in the US with an estimated value under $10,000.
B). The Contracting Officer determines prevailing wage rates on service contracts subject to the service contract act.
C) The Service contract act allows the COR to be the final authority for labor matters.
D) The department of Labor is responsible for the enforcement of the Service contract act
The service contract act was enacted to protect economies in the geographical areas where the contract is performed. The correct statement pertaining to the Service Contract Act is "The department of Labor is responsible for the enforcement of the Service contract act." Option (d) is correct.
What do you mean by Contract?A legally enforceable agreement between two or more parties known as a contract establishes, clarifies, and regulates the parties' respective rights and obligations.
Every agreement made by the United States or the District of Columbia with the primary aim of providing services in the US using service personnel is covered by the Service Contract Act.
Therefore, Option (d) is correct. The correct statement pertaining to the Service Contract Act is "The department of Labor is responsible for the enforcement of the Service contract act."
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c. 2. The basic goal of economics is to control the effects of government action. determine how to distribute all that is produced in an economy. address the scarcity problem created because the population's desire for goods exceeds the ability to produce them. match limited resources to people's limited wants and needs. control tastes and wishes so that there will be enough resources to produce all the goods and services that people want. 5. Kelly is an architect, and she is trying to decide whether to hire Lawrence, a draftsman, to assist with her work. Kelly could hire Lawrence at $20 per hour, but it would take him three times as long to complete a task as it takes Kelly, Kelly is able to earn S90 per hour and has more architectural jobs than she is able to handle. Which of the following is true? Kelly should not hire Lawrence because it would be faster for her to do the work herself. b. Kelly should do the drafting work herself because she has the lower opportunity cost. c. Lawrence should be hired at the $20 per hour wage rate. Lawrence should be hired, but only if he is paid more than $30 per hour. Kelly should hire someone who earns minimum wage instead of Lawrence. 6. Why would economists find it surprising if the CEO of a large company does his or her own housework? The opportunity cost of a CEO's time is quite high because they have an abundance of time to spend on housework. The opportunity cost of a CEO's time is quite low because they have a scarcity of time to spend on housework The opportunity cost of a CEO's time is quite low because they have an abundance of time to spend on housework. The opportunity cost of a CEO's time is quite high because they have a scarcity of time to spend on housework. The opportunity cost of a CEO's time is equal to that of everyone else that works at the same company. Refer to these figure to answer the questions 12 and 13.. Apple Pies 16 14+- 12-+-- PPF N 18 Blueberry Pies 11 15 pies. 14. The opportunity cost of increasing production of apple pies from 14 to 16 pies is a. 2 blueberry 14 apple 7 blueberry 4 blueberry 16 blueberry a. 15. As we move from points N to M to L, the opportunity cost of additional apple pie decreases due to the law of increasing relative cost. increases due to the law of increasing relative cost. decreases due to the law of normative economics. increases due to the law of marginal analysis. decreases due to enhancements in technology. 23. In a typical demand curve, the price elastie portion of demand is found in the _region and the price inelastie portion of demand is found in the region of the graph. middle; lower lower; upper c. upper; lower middle; middle None of these choices are correct. 24. When the price of softballs is high, a in price will raise total revenue. When the price is low, the seller should the price to increase total revenue. decrease; raise b. rise; raise c. decrease; decrease rise; decrease decrease; not change d.. 25. When her income falls from $50,000 to $20,000, Arianna increases her monthly purchase of hamburger from 20 pounds to 35 pounds. From the midpoint method, Arianna's income elasticity of demand for hamburgers is -1.57 - 0.63 0.54. -0.85. 1.57
The basic goal of economics is option C: address the scarcity problem created because the population's desire for goods exceeds the ability to produce them.
The option that is true regarding Kelly is option c. Lawrence should be hired at the $20 per hour wage rate.
What is the economy about?Price stability, economic growth that outpaces population growth, low resource unemployment, and equitable wealth and income distribution are the four basic economic objectives. Each country will make an effort to use its government to achieve this economic objective.
Maximizing the standard of living and achieving steady economic growth are the overarching objectives of macroeconomics. The goals are backed up by other objectives including reducing unemployment, boosting productivity, and reducing inflation, among others.
Therefore, Economic development aims to raise the absolute level of per capita incomes in order to raise the material standards of living. The governments of all emerging nations have indicated that one of their goals for policy is to increase per capita incomes.
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Which of the following will not shift the aggregate demand curve?
a. a change in the price level
b. a change in the amount of money in circulation
c. a change in tax rates
d. a change in real interest ratesAggregate demand refers to the total amount of commodities that are produced and sold in the economy at the prevailing level of prices. It is the sum of consumption, investment, government expenditure, and net exports.
The event that will not shift the aggregate demand curve is option B. a change in the amount of money in circulation
Why is the influence of a change of money in circulation on aggregate demand curve?Changes in the money circulation will only influence the supply of money in the economy and will not influence the aggregate demand of the economy. Better still, when the supply of money in circulation operates in the economy, it does not impact the aggregate demand curve.
Aggregate demand refers to the total amount of commodities that are produced and sold in the economy at the prevailing level of prices. It is the sum of consumption, investment, government expenditure, and net exports.
Therefore, the correct answer is as given above
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Which of the following products or services is not subject to network effects?
a. Banking services
b. Snack chip manufacturing
c. Video game consoles
d. Social networks
e. Cell phone services
The product or service that is not subject to network effects is b. Snack chip manufacturing.
What products are affected by network effects?The products or services that will be affected by network effects such as slower networks, are all the services and products that use networks to work. Banks use networks to provide services, video game consoles need network for online play, and social networks need networks to be connected to.
Cell phone services are entirely offered over networks. Snack chip manufacturing on the other hand can be done without the need for networks.
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Which of the following was not identified in the textbook as one of the day-to-day challenges involved with growing a firm?
A) Cash flow management
B) Channel conflict
C) Capital constraints
D) Quality control
E) Price stability
Channel conflict was not mentioned in the textbook as a day-to-day problem of building a business. Thus, the correct option is (B) Channel conflict.
What is the meaning of Channel conflict?Channel conflict occurs when manufacturers offer their products directly to customers using general marketing means and/or the Internet, bypassing their channel partners such as distributors, retailers, dealers, and sales reps. When there is overproduction, channel conflict might arise. As a result, there is an excess of products. Newer product versions, changes in trends, wholesaler and retailer bankruptcies, and the distribution of defective items all have an impact on channel conflict. In this regard, a company's stock clearing plan is critical.
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T/F a management consultant estimates that the number of hours per day that employees will work and their daily pay of dollars are related by the equation . find at and interpret your answer.
A management consultant estimates that based on the given equation between the number of hours per day of h and their daily pay of p dollars, when a person do overtime for n hours, they will get an extra $1 in pay is TRUE.
From the case, we know that the relationship between the number of hours per day (h) and the employees' daily pay (p) could be rewritten in the perspective of the number of hours per day such:
40h⁵+4,000,000 = p³
h⁵ = p³ - 4,000,000
40
h⁵ = 1/40 p³ - 100,000
h = (1/40 p³ - 100,000)^(1/5)
When we use derivative method to solve dh/dp, the equation will be derivated based on p. Based on derivative concept, when f is a function of x, hence f'(x) measures the instantaneuos rate of change of f with respect to x. It could be said that f'(x) shows the rate of change of f, when x changes.
Related to the derivative concept, we know that h is the function of p given that the function h is being derivated to p. Hence h'(p) or dh/dp shows any changes in h, when p changes. dh/dp shows the extra hours a person need to work to earn an extra $1 in pay.
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Complete Question:
A management consultant estimates that the number h of hours per day that employees will work and their daily pay of p dollars are related by the equation 40h⁵+4,000,000 = p³. Find dh/dp at p = 20, a person will work for an extra n hours for an extra $1 in pay. T/F
emily purchased a building to store inventory for her business. the purchase price was $760,000. emily also paid legal fees of $300 to acquire the building. in march, emily incurred $2,000 to repair minor leaks in the roof (from storm damage earlier in the month) and $5,000 to make the interior suitable for her finished goods.
$572,045 cost basis,
computed as follows:
Purchase price $565,000
Improvements 6,300
Legal fees 745
The cost basis for the building is $572,045
improvement is the technique of aspect transferring from one country to a state considered to be higher, usually via a few motions supposed to bring about that higher kingdom. The concept of development is crucial to governments and corporations, as well as to people. The time period of "improvement" in a preferred manner is "sluggish, piecemeal, however cumulative betterment", which can discuss with both people and societies as an entire.
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generally, online travel agencies large physical retail spaces, where customers can go and buy a hospitality product in person.
The statement that online travel agencies will generally have a large physical retail spaces, where customers can go and buy a hospitality product in person, is False.
What do online travel agencies do ?Online travel agencies allow people to be able to book hospitality packages, travel around the world, rent things like hotels, flights, cars, and other things, all from the comfort of their home by doing it online.
As a result, such companies will not have a need to rent a large physical retail space for customers to come and buy packagaes, as the entire packaga catalogue offered by the company will be online.
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Options for this question are :
True FalsePresented below is information related to Stellar Corporation for the current year. $ 609,300 1,499,300 Beginning inventory Purchases Total goods available for sale Sales revenue $2,108,600 2,415,000 Compute the ending inventory, assuming that (a) gross profit is 49% of sales, (b) gross profit is 60% of cost, (c) gross profit is 38% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to O decimal places, e.g. 28,987.) Ending Inventory (a) Gross profit is 49% of sales $ (b) Gross profit is 60% of cost $ (c) Gross profit is 38% of sales $ (d) Gross profit is 25% of cost $
a) Gross profit is 49% off Sales (2108600-2415000*51%) = 876950
b) Gross profit is 60% of Cost (2108600-1509375) = 599225
c) Gross profit is 38% off Sales (2108600-2415000*62%) = 611300
d) Gross profit is 25% of Cost (2108600-1932000) = 176600
Gross profit is the distinction between revenue and price of products sold (COGS), divided by sales. Gross margin is expressed as a percent. usually, it is calculated as the promoting charge of an object, much less the value of products offered (e. g. production or acquisition costs, no longer such as indirect fixed prices like office prices, hire, or administrative prices), then divided by the identical selling charge. "Gross margin" is regularly used interchangeably with "gross profit", but the phrases are specific: "gross profit" is technically an absolute monetary quantity, and "gross margin" is technically a percentage or ratio.
A gross margin is a form of profit margin, especially a form of profit divided by net revenue, e. g., gross (profit) margin, running (income) margin, net (profit) margin, and many others.
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