Virtual banks are banking institutions that exist only online and have no physical location. These banks provide financial services to customers through the internet. Virtual banks offer numerous benefits and challenges.
This essay will discuss three key benefits of virtual banks and three key adverse effects that they would bring to traditional banks. It will also explain and suggest two new products to be introduced by a marketing manager of a virtual bank to generate additional non-interest-bearing income.Benefits of virtual banks for retail customers1. Convenience - Virtual banks provide an easy, flexible, and convenient method for retail customers to access banking services and products from anywhere. These banks operate 24 hours a day, seven days a week, enabling customers to perform transactions at their own convenience. They allow customers to conduct transactions through their mobile phones, laptops, and other devices, making banking easy.2. Lower fees - Virtual banks usually have lower overheads compared to traditional banks since they do not have physical locations. This enables them to offer their services and products at a lower cost, making them a more affordable option for retail customers. They offer lower transaction fees, account fees, and other fees, which make it possible for customers to save more money.3. Better interest rates - Virtual banks provide better interest rates compared to traditional banks. They offer higher deposit rates and lower borrowing rates, making it more profitable for retail customers to save their money in these banks.Adverse impacts of virtual banks on traditional banks1. Decreased business - Virtual banks pose a threat to traditional banks, and they may cause a decrease in their business. Since virtual banks provide a more affordable and convenient alternative to traditional banks, they may lure customers away from traditional banks.2. Limited physical contact - Virtual banks have no physical locations, meaning that they offer limited physical contact with customers. Customers may miss the personal interaction that they get when they visit physical banks. This can cause a lack of trust and customer dissatisfaction, which can negatively affect the reputation of traditional banks.3. Reduced employment opportunities - Virtual banks have reduced employment opportunities compared to traditional banks. Since they have no physical locations, they require fewer employees, which can lead to unemployment and reduced income for workers.Suggestions for new products for a virtual bank to generate non-interest-bearing income1. Credit card services - The virtual bank can introduce a credit card service that allows customers to purchase products and services using the bank's credit card. The bank can charge a fee for every transaction made using the credit card, which can generate non-interest-bearing income.2. Investment services - The virtual bank can introduce investment services that allow customers to invest in different financial products, such as stocks, bonds, and mutual funds. The bank can charge a commission for every investment made by a customer, which can generate non-interest-bearing income.In conclusion, virtual banks provide numerous benefits to retail customers, including convenience, lower fees, and better interest rates. However, they pose adverse effects on traditional banks, including decreased business, limited physical contact, and reduced employment opportunities. As a marketing manager of a virtual bank, I would suggest introducing credit card services and investment services to generate additional non-interest-bearing income.
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If you were not in university this year, you would be either working or travelling The opportunity cost of being in university this year is the sum of the value you would obtain if you were travelling and the monetary payoff you would earn if you were working Select one: O True O False
True. If you were not in university this year, you would be either working or travelling The opportunity cost of being in university this year is the sum of the value you would obtain if you were travelling and the monetary payoff you would earn if you were working is true,
The statement accurately describes the concept of opportunity cost. Opportunity cost refers to the value of the next best alternative forgone when making a decision. In this case, if an individual chooses to be in university, the opportunity cost would be the combination of the value they would have obtained from traveling and the monetary payoff they would have earned from working.
By choosing to attend university, the individual gives up the potential benefits and experiences of traveling during that time. Additionally, they forego the income or monetary payoff they could have earned if they were working instead.
The concept of opportunity cost recognizes that resources are scarce, and choosing one option means sacrificing the benefits or potential gains of another option. Therefore, the opportunity cost of being in university is indeed the sum of the value of traveling and the monetary payoff from working, as those are the alternatives that are forgone.
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Complete the sentence. The higher than normal unemployment at a business cycle trough and the lower than normal unemployment at a business cycle peak is called OA structural OB natural OC. frictional OD. cyclical unemployment
The higher than normal unemployment at a business cycle trough and the lower than normal unemployment at a business cycle peak is called **OD. cyclical unemployment**.
Cyclical unemployment refers to the fluctuations in unemployment that occur as a result of the overall business cycle. During a trough or recession phase of the business cycle, unemployment tends to be higher than normal as economic activity slows down and businesses reduce their workforce. Conversely, during a peak or expansion phase of the business cycle, unemployment tends to be lower than normal as economic activity increases, leading to more job opportunities and lower unemployment rates. Cyclical unemployment is specifically tied to the ups and downs of the business cycle and is different from other forms of unemployment such as structural, frictional, or natural unemployment.
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what factors contribute to the energy cost of a given activity?
The factors that contribute to the energy cost of a given activity are intensity of the activity, duration of the activity, body weight, age and fitness level.
Factors that contribute to energy cost:
1. Intensity of the activity: The amount of energy required for an activity is determined by the activity's intensity. As a result, high-intensity exercises require more energy than low-intensity exercises.
2. Duration of the activity: The length of time an activity is performed also affects its energy cost. Longer activities burn more calories than shorter ones.
3. Body weight: The energy cost of an activity is also influenced by the individual's body weight.
4. Age: The energy cost of activities can also be affected by an individual's age. Older adults may require less energy for activities than younger people.
5. Fitness level: An individual's fitness level also affects the energy cost of activities. More fit individuals may require less energy for the same activity than less fit individuals.
6. Gender: The energy cost of activities can also vary between genders. Typically, men require more energy for activities than women due to differences in body composition.
7. Environmental factors: Environmental factors such as temperature, humidity, and altitude can also affect the energy cost of activities. For example, exercising in hot and humid weather can increase the energy cost of an activity.
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the labor market is in equilibrium when:
group of answer choices
a.the labor demand curve lies above the labor supply curve.
b.both labor demand and labor supply curves are positively sloped.
c.both labor demand and labor supply curves are negatively sloped.
d.the labor demand curve intersects the labor supply curve.
e.the labor demand curve is negatively sloped but the labor supply curve is positively sloped.
The correct option is option (d) the labor demand curve intersects the labor supply curve. Equilibrium can be defined as a state where all the involved parties are satisfied. In economics, the equilibrium point is where the quantity demanded is equal to the quantity supplied.
The intersection of labor demand and labor supply curves determines the equilibrium wage rate. At this point, the labor market is said to be in equilibrium. The quantity of labor supplied and demanded at this point is the same and the wage rate is satisfactory to both employers and employees.In contrast, if the wage rate is below the equilibrium rate, the demand for labor would increase and the supply of labor would decrease, resulting in a labor shortage. Similarly, if the wage rate is higher than the equilibrium rate, the supply of labor would increase while the demand for labor would decrease, resulting in a labor surplus. This can be shown graphically as below: Therefore, the equilibrium point is a very important concept in labor economics and helps in the effective allocation of resources to achieve maximum efficiency.
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What was the contribution of Thomas Attwood and George
Akerlof in developing the economy of US during their times?
Don't give the answer, if you don't have the knowledge
about it. I got the wrong answ
Thomas Attwood and George Akerlof have both made significant contributions to the development of the economy of the United States during their times.
Thomas Attwood was an English economist and politician who played an important role in the development of the British economy in the 19th century. He was one of the leading advocates of free trade, and he argued that the government should not interfere with the workings of the market. This phenomenon is known as adverse selection.Akerlof's work on adverse selection has had a profound impact on the field of economics, and it has been applied to a wide range of topics, including health insurance, finance, and labor markets. Akerlof was awarded the Nobel Prize in Economics in 2001 for his contributions to the field of economics.
Thomas Attwood was an English economist and politician who played an important role in the development of the British economy in the 19th century. Attwood was one of the leading advocates of free trade, and he argued that the government should not interfere with the workings of the market. He believed that tariffs and other trade barriers only served to benefit special interest groups at the expense of the broader economy.Attwood was also a strong supporter of the gold standard, which he believed was essential to maintaining the stability of the British economy. He argued that the gold standard provided a stable anchor for the monetary system and helped to prevent inflation. Attwood's ideas were influential in shaping economic policy in Britain during the 19th century, and they continue to be studied by economists today.George Akerlof, on the other hand, is an American economist who is best known for his work on the market for lemons. In his famous paper, "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," Akerlof demonstrated that when buyers cannot distinguish between high-quality and low-quality goods, the market will tend to drive out the high-quality goods.
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1) Write a Communication Plan for a company, non-profit organization, product, or service of your choice; (Company: Coca-cola)
2) Develop at least four creative pieces for the implementation of your Communication Plan;
3) Clearly explain what formats will be used and channels for communication.
4) Prepare PowerPoint slides reflecting the strategy of the plan.
Communication Plan for Coca-Cola:
1) Objectives:- Increase brand awareness and perception.
- Promote new product launches and initiatives.- Enhance customer engagement and loyalty.
- Educate and inform the public about sustainability efforts.
2) Target Audience:- General consumers of all ages and demographics.
- Health-conscious individuals.- Socially and environmentally conscious consumers.
- Potential and existing business partners.
3) Communication Strategies:- Advertising: Utilize TV, radio, print, and digital media platforms for brand and product promotions.
- Sustainability Campaigns: Communicate the company's sustainability initiatives through various channels to raise awareness and promote responsible consumption.
4) Creative Pieces:a) TV Commercial: A visually captivating ad showcasing Coca-Cola's iconic brand, emphasizing moments of joy, happiness, and togetherness.
b) Digital Content Series: Engaging videos and articles on the company's website and social media platforms, highlighting the Coca-Cola system's sustainability efforts.c) Interactive Social Media Campaign: Encourage consumers to share their Coca-Cola experiences using a specific hashtag, featuring user-generated content on Coca-Cola's official social media accounts.
d) Print Advertisements: Eye-catching print ads in magazines and newspapers showcasing new product launches and limited edition designs.
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In 2017-18, Ahmed has capital gains of £125,000 and allowable losses of £28,000. He also has capital losses brought forward of £4,800. Ahmed's taxable income for 2017-18 (after deduction of the personal allowance) is £18,600. He makes no Gift Aid donations during the year. Compute his capital gains tax (CGT) liability for the year assuming his gains of £125,000 comprise either: a) a gain of £115,000 which qualifies for entrepreneurs' relief (ER) and a non-ER gain of £10,000 on the disposal of chattels, or b) An ER gain of £10,000 and a non-ER gain of £115,000 arising on the disposal of residential property, or c) An ER gain of £7,500, a non-ER gain of £75,000 on the disposal of residential property and a non-ER gain of £42,500 on the disposal of shares. 2) Karen bought a house in 1990 for £46,000. In November 1991 she spent £18,000 on dividing the house into two self-contained flats. In September 2015 she sold one of the flats for £90,000, at which time the other flat was valued at £110,000. In January 2018 she sold the second flat for £115,000. Karen has never lived in either of the flats.< Compute the chargeable gains arising on Karen's two disposals.
The chargeable gain on Kares first flat is £54,600 , the chargeable gain is £69,400
How to solve for the chargeable gainsAhmed’s case:
Net capital gains = £125,000 - £28,000 - £4,800
= £92,200
Taxable gains
= £92,200 - £11,300 (annual exempt amount) = £80,900
Unused basic rate band = £33,500 - £18,600 = £14,900
CGT on unused basic rate band = £14,900 * 10% (or 18% if residential property gain) = £1,490
CGT on remaining gains = £66,000 * 20% = £13,200
Total CGT liability = £1,490 + £13,200 (or £2,682 + £18,480)
Kare case:
Total cost of both flats = £46,000 + £18,000 = £64,000
Cost of each flat = £90,000 - (£64,000 / £200,000) * £90,000
= £54,600
Chargeable gain on second disposal
= £115,000 - (£64,000 / £200,000) * £115,000
= £69,400
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A 10-year, 6.1-percent coupon bond is selling for 103.5 percent of par. What is the bond's market yield if it makes semi-annual coupon payments? (Round answer to 3 decimal places, e.g. 5.795.) Bond's Market Yield %
A bond is a debt instrument that firms and governments issue to raise money. Bonds can be bought and sold on the secondary market. Market yield is the bond's current yield if it is sold on the secondary market. It is computed by dividing the coupon rate by the current price of the bond. The bond's market yield is 5.781 percent.
A 10-year, 6.1-percent coupon bond is selling for 103.5 percent of par, and the bond makes semi-annual coupon payments.
To determine the bond's market yield, the bond's annual interest payment must be calculated first. The bond's annual interest payment is the product of the bond's par value and the coupon rate.
In this case, the annual interest payment on the bond is 6.1 percent of $1,000, or $61.
The bond's semi-annual interest payment is half of the annual interest payment, or $30.5.
The bond's market yield can now be calculated using the formula for the market yield of a bond.
The formula is: Market yield = (Annual interest payment / Bond price) x 100%. The bond is selling for 103.5 percent of par value, or $1,035. Therefore, the bond price can be calculated as $1,035 / $1,000 par value = 1.035.
As a result, the bond's market yield is calculated as follows:
Market yield = (2 x $30.5 / $1,035) x 100% = 5.781%.
Hence, the bond's market yield is 5.781 percent, rounded to three decimal places.
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1) A brief explanation of your core brilliant, new idea to respond to the need of your client company. (what is your new idea to make changes in their current marketing plan. You may suggest new product, reposition the brand, digital marketing ideas, etc.)
2) Why do you think your idea will be a success and what are your rational?
I choose the telecommunication company Fido in Canada. I am planning to start a service for kids in collaboration with Fido. The service is about when kids would be in trouble, with the help of this service, they can send indications to their parents. In this regard, please answer the above 2 questions.
My brilliant new idea is to incorporate digital marketing to Fido's existing marketing plan that is launching a mobile app that allows parents to receive notifications in real-time when their kids are in trouble. This idea will be a success because it responds to a need in the market and is also use-friendly.
1) My brilliant new idea is to incorporate digital marketing to Fido's existing marketing plan. I suggest launching a mobile app that allows parents to receive notifications in real-time when their kids are in trouble. Parents can easily track their child's location and get alerts when they go outside of a designated area.
The app can also have a feature where kids can send quick pre-set alerts to their parents if they are in trouble, such as feeling unsafe or being lost. Additionally, Fido can collaborate with schools to promote the app and offer it as an added service for parents.
Fido can also partner with other companies in the child safety industry, such as wearable tech companies or safety education organizations to promote the app and create a comprehensive child safety solution.
2) I think this idea will be a success because it responds to a need in the market. Parents are always concerned about their child's safety, and this app offers an easy solution for them to monitor their child's whereabouts.
Moreover, the app is user-friendly and can be customized according to the needs of each family. Another rational for this idea to be successful is that Fido has a large customer base, and the app will allow the company to expand its target audience to parents who are concerned about their child's safety.
The collaboration with schools and other companies will help Fido build a strong brand reputation in the child safety industry and position the company as a leader in the market. Moreover, the app can be used as a tool to collect data on the consumer's behavior, preferences, and usage.
This information can be used to improve the product and provide personalized marketing to the customers. Overall, this idea can be an excellent opportunity for Fido to improve its marketing plan and offer added value to its customers.
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21. If a risk has 1% probability of happening, and the impact is $500,000 if it happens, then its risk exposure is: a. $5,000. b. $5,000,000 c. $50,000,000 d. Cannot be decided. 22. 'Time has the least amount of flexibility', meaning that: a. time buffers are unimportant and usually are not needed. b. time cannot be converted into monetary values. c. time cannot be estimated accurately. d time passes regardless whether it is used effectively or not. 23. Which of the following is a difference between system tests and user acceptance tests? a. System tests take longer than user acceptance tests. b. System tests use test data, whereas user acceptance tests use real-life data. c. System tests require more human resources than user acceptance tests. d. System tests are mandatory, whereas user acceptance tests are optional. 24. If I want to purchase 100 PCs with standard configurations, which of the following contract types is most suitable for this kind of purchases? a. Fixed price contract b. Time and material contract c. Cost reimbursable contact d. Unit price contract
The answers to the given questions are as follows: 22. b. time cannot be converted into monetary values. 23. b. System tests use test data, whereas user acceptance tests use real-life data. 24. d. Unit price contract.
In this case, the risk has a 1% (0.01) probability of happening and an impact of $500,000. Therefore, the risk exposure is calculated as 0.01 * $500,000 = $5,000.
Unlike other resources or factors in a project, time is not easily quantifiable in terms of dollars. It is a fixed and finite resource that passes regardless of how effectively it is utilized or whether time buffers are implemented. Therefore, option b, "time cannot be converted into monetary values," is the correct answer.
On the other hand, user acceptance tests are conducted by end users to ensure that the system meets their requirements and expectations, often using real-life data. Thus, option b, "System tests use test data, whereas user acceptance tests use real-life data," highlights a key difference between the two types of tests.
For the last question, This type of contract provides cost certainty and is appropriate when the requirements and specifications are well-defined and unlikely to change significantly. Therefore, option a, "Fixed price contract," is the best choice for this scenario.
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Managerial accounting, as compared to financial accounting, is primarily intended to facilitate: an understanding of GAAP.
a. reporting results to shareholders.
b. making decisions with timely,
c. relevant information.
d. conducting ethics investigations under SOX.
Managerial accounting focuses on providing information to internal users, such as managers and decision-makers within an organization, to support their decision-making process.
It involves the analysis, interpretation, and communication of financial and non-financial data to assist in planning, controlling, and evaluating the performance of the organization. Unlike financial accounting, which primarily focuses on reporting financial information to external stakeholders and is governed by Generally Accepted Accounting Principles (GAAP), managerial accounting is not bound by GAAP and has more flexibility in terms of the information it provides.
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Corp. can borrow from its bank at 17 percent to take a cash discount. The terms of the cash discount are 1.5/10, net 45. Should the firm borrow the funds?
If the corporation borrows the funds, it will pay $458.36, but it will save $1,500. Therefore, the corporation should borrow the funds and take advantage of the cash discount.
The corporation should borrow the funds is yes, the company should borrow the funds. This is because, if the firm takes advantage of the cash discount and pays its bills within the discount period, the company will save on the cost of goods sold (COGS).
However, before making a final decision, the cost of borrowing should be compared to the amount saved.
The cost of borrowing = 17%
The discount terms = 1.5% for payment within 10 days and net payment within 45 days.
How much will the corporation save if it takes the discount?
Let us assume that the amount due is $100,000.The amount of the cash discount = 1.5% of the $100,000 = $1,500Days between the time of payment and the due date is 45 days
Discount period = 10 days
Net payment period = 45 days - 10 days = 35 days
Effective annual rate of interest on a discount of 1.5% for 35 days = (1.5% x 365)/ (45 - 10) = 25.75%
If the corporation does not take the discount, the amount due is $100,000. But if it takes the discount, it will pay $98,500, as follows:
Payment within the discount period = 98,500 * (1 - 0.015) = $96,907.5
The cost of borrowing $96,907.5 for 35 days is:17% x (35/365) x $96,907.5 = $458.36
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1. Which of the following items is not tax deductible as an education related expense?
A) Certain transportation and travel costs
B) The dollar value of vacation time or annual leave you take to attend a class
C) Tuition, books, supplies, lab fees, and similar items
D) Costs of research and typing when writing a paper as part of an educational program
2. Mark Mayer, a cash basis taxpayer, leased property on June 1, 2016, to Perry Purly at $325 a month. Perry paid Mark $325 as a security deposit which will be returned at the end of the lease. In addition, Perry paid $650 in advance rent which is to be applied as rent to the last two months in the lease term. The lease is to run for a two-year period. What is Mark's rental income for 2016?
A) $1,950
B) $2,275
C) $ 2,600
D) $ 2,925
E) $ 2,925
3. Kevin is a candidate for an undergraduate degree at a local university. During 2016, he was granted a fellowship that provided the following:
Tuition $18,000
Books and supplies 2,000
Room and board 14,800
What amount can Kevin exclude from gross income in 2016?
A) $18,000
B) $20,000
C) $25,000
D) $32,800
E) $34,800
Kevin can exclude $20,800 from his gross income in 2016, which includes $18,000 for tuition and $2,800 for books and supplies. Room and board expenses are not eligible for exclusion.
1. B) The dollar value of vacation time or annual leave you take to attend a class is not tax deductible as an education-related expense.
2. Mark's rental income for 2016 is: $1,950Explanation: Advance rent is rent paid before the date it covers.
It is counted as income in the year received. For a cash basis taxpayer, the security deposit is not counted as income when received, but is subtracted from the basis of the rental property.
Mark will have rental income of $7,800 ($325 x 24) for the two-year lease period. In 2016, he received $975 (3 months x $325), of which $650 is advance rent and $325 is a security deposit.
Thus, his rental income for 2016 is $325 ($975 - $650).3. Kevin can exclude from gross income in 2016 $20,800 ($18,000 + $2,800).
Tuition is excluded as well as $300 of the books and supplies allowance, but room and board are not excludable.
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Draw a graph of a competitive market in equilibrium, and illustrate a decrease in Supply. Carefully label everything. Use the "E" labels to label the equilibrium points. As a result of the shift, what will happen to price and quantity? Carefully explain the mechanism that causes price to adjust after the shift, and illustrate it on your graph. Carefully label everything on the graph. Use the boxes below to type your answer. If you reach the line that divides the left side from the right side, start a new line in the next box down. If you do not use all of the boxes, put an "x" in the boxes you do not use.
In a competitive market in equilibrium, the quantity supplied equals the quantity demanded. It is characterized by a stable price and a stable quantity.
A competitive market is said to be in equilibrium when the quantity demanded is equal to the quantity supplied at a certain price level.Graph:Decrease in Supply:In the graph, a decrease in supply is depicted by a leftward shift in the supply curve from S1 to S2. The intersection of S1 and D curve represents the equilibrium point E1 in the market.
The equilibrium quantity is Q1, and the equilibrium price is P1. Following the decrease in supply, the new equilibrium point becomes E2. The new equilibrium price is P2, and the new equilibrium quantity is Q2.
The mechanism that causes price to adjust after the shift is known as the market mechanism. The market mechanism is a self-correcting process. The decrease in supply causes the price to rise. The higher price is an incentive for suppliers to increase their production.
As a result, the market price will rise, and the quantity supplied will increase. At the same time, the higher price will discourage buyers from buying, and the quantity demanded will decrease. Eventually, the market will achieve a new equilibrium at a higher price level and a lower quantity.
As a result, the equilibrium price rises, and the equilibrium quantity falls.The market mechanism explains the adjustment of price following a shift in supply. It is the primary force that drives the market towards equilibrium. The market mechanism is the way in which the market adjusts to changes in demand or supply.
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a) Using the example of flu vaccination as externality, explain
market failure. Use economic terminology in your answer.
b) Explain ONE method the government could use to internalise
the externality.
Market failure refers to a situation where the allocation of goods and services in a market is inefficient, resulting in a suboptimal outcome.
One common cause of market failure is the presence of externalities, which are the uncompensated costs or benefits imposed on third parties who are not directly involved in a transaction. In the case of flu vaccination, there is a positive externality. When individuals get vaccinated, not only do they protect themselves from the flu, but they also reduce the likelihood of spreading the virus to others, thus benefiting society as a whole.
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Six Sigma Organizations should only launch projects they can:
Select one:
a. Fund
b. Support with people resources.
c. Manage
d. All of the above
e. None of the above
Six Sigma Organizations should only launch projects they can all of the above. The Six Sigma organizations should only launch projects they can fund, support with people resources and manage.
Six Sigma is a data-driven method for eliminating defects in any process, from manufacturing to transactional and from product to service. The primary goal of Six Sigma is to enhance quality and efficiency while decreasing variability in operations. Six Sigma organizations should only launch projects they can all of the above.Fund:Six Sigma organizations should only launch projects they can fund. This means that the organization should invest money in launching the project. The investment made in the project will determine its success or failure.Support with people resources:Six Sigma organizations should only launch projects they can support with people resources. People resources are the key to a project's success. The organization should have enough people resources to work on the project. The project's team should be composed of people with the required skills to ensure its success.Manage:Six Sigma organizations should only launch projects they can manage. This means that the organization should be able to control the project's entire lifecycle, from planning to execution to monitoring and control. This will ensure the project's success and help the organization meet its objectives.
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The answer to the question is that Six Sigma Organizations should only launch projects they can fund, support with people resources, and manage. So, the correct option is d. All of the above.
Six Sigma is a methodology that focuses on eliminating errors or defects from business operations by identifying and removing the causes of problems and minimizing variability. The implementation of the Six Sigma methodology has been highly effective in improving business processes, reducing costs, and increasing customer satisfaction. Six Sigma organizations are committed to continuous improvement and strive to achieve the highest quality standards in their products and services. Therefore, to achieve this, Six Sigma organizations must only launch projects they can fund, support with people resources, and manage. Launching projects that Six Sigma organizations cannot fund can lead to poor execution, incomplete implementation, and negative impacts on the organization's financials. Similarly, starting projects that Six Sigma organizations cannot manage or support with the people resources can result in poor execution, unmet objectives, and ultimately, a waste of resources. Therefore, Six Sigma organizations must be mindful of their resources and capacities before launching any projects, as failure to do so can lead to more problems than solutions. Six Sigma Organizations should only launch projects they can fund, support with people resources, and manage.
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When unemployment is widespread and the wage is above its market clearing level, a cut in employer payroll tax will Select one: A. be largely ineffective. B. benefit employers and have no effect on workers.
C. drive up wages but have little to no effect on employment and unemployment. D. increase employment, reduce unemployment, and have little to no effect on wages.
(D) A cut in employer payroll tax, when unemployment is widespread and the wage is above its market-clearing level, will increase employment, reduce unemployment, and have little to no effect on wages.
When unemployment is widespread and the wage is above its market-clearing level, it suggests that there is a labor market imbalance with an excess supply of workers. In this situation, a cut in employer payroll tax can incentivize businesses to hire more workers by reducing labor costs. As a result, employment is likely to increase, and unemployment will decrease as more individuals find jobs.
Since the wage is already above the market-clearing level, the cut in the payroll tax is unlikely to have a significant impact on wages. Employers may absorb the cost savings from the tax cut rather than passing it on to workers in the form of higher wages.
Overall, the cut in the employer payroll tax is expected to stimulate job creation and reduce unemployment without exerting substantial upward pressure on wages in a situation of widespread unemployment and wage imbalance.
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Which role should the RTE play related to hackathon event? Get approval for work to be done in the hackathon Ensure the teams have allocated story points in the Innovation and Planning Iteration during the PI to account for the effort Allow the teams aS much flexibility as possible to promote innovation Work with development leaders to make sure they give clear and detailed guidance to the developers on what is expected
The role of Release Train Engineer (RTE) in relation to the Hackathon event is to ensure that the teams have allocated story points in the Innovation and Planning Iteration (IP Iteration) during the PI to account for the effort. The other responsibilities of the RTE during the hackathon event include:Making sure that the teams have allocated story points in the IP iteration to account for the effort.Get approval for work to be done in the hackathon.Work with development leaders to ensure that they give clear and detailed guidance to the developers on what is expected.Allow the teams as much flexibility as possible to promote innovation.RTEs act as a conduit between the teams, ART, and Product Management. They assist in ensuring that the teams work effectively and that the project stays on track. They also assist with removing any impediments that the teams may face. The RTE is responsible for supporting Agile Release Trains (ARTs) and suppliers in achieving the goals of program increment planning and execution.This ensures that the teams have the required resources and environment to succeed, and that they stay aligned to the organization's objectives.
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Time left 1:12:23 Quiz ne SECT CHO "Price is the only element of the marketing mix that earns revenue for the firm and so it is important to take due care when setting prices. Assume you are operating OML International Shipping Company Limited Using the statement above outline five factors that you should take into consideration when setting the price to quote for a shipment. (10 marks) 1 10 | 11 1920 28 A- В І IEE 37 SECT a
When setting prices for a shipment, OML International Shipping Company Limited should consider five factors: competition, costs, customer value, market demand, and pricing objectives.
Setting the right price is crucial for OML International Shipping Company Limited as it directly affects revenue. Five factors that should be considered when determining the price for a shipment are:
Competition: OML should assess the pricing strategies of competitors to ensure their prices remain competitive in the market. They need to consider how their prices compare to those of similar shipping companies and adjust accordingly.
Costs: OML should calculate all costs associated with providing the shipping service, including labor, fuel, maintenance, and administrative expenses. These costs should be taken into account to ensure that prices cover expenses and generate a reasonable profit margin.
Customer value: OML should consider the perceived value of their shipping services from the customer's perspective. They should assess the unique features, reliability, and convenience they offer compared to competitors and set prices that reflect the value customers receive.
Market demand: OML needs to analyze market demand for shipping services. If demand is high, they might consider setting higher prices. However, if demand is low, they may need to adjust prices to attract customers and remain competitive.
Pricing objectives: OML should establish pricing objectives aligned with their overall business goals. These objectives could include maximizing market share, increasing profitability, or positioning themselves as a premium shipping provider. The chosen objectives will guide the pricing strategy and influence the prices set.
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Walmart has just paid an annual dividend of $3.36. Dividends are expected to grow by 6% for the next 4 years, and then grow by 5% thereafter. Walmart has a required return of 8%. What is the expected dividend in four years?
The expected dividend in four years for Walmart is approximately $4.1995.
To find the expected dividend in four years, we need to calculate the dividends for each period using the dividend growth rate and the expected growth pattern.
Given:
Annual dividend (D0) = $3.36
Dividend growth rate for the next 4 years (g1) = 6%
Dividend growth rate thereafter (g2) = 5%
Required return (r) = 8%
We can use the Dividend Discount Model (DDM) to calculate the expected dividend in four years.
The formula for the DDM is:
D1 = D0 * (1 + g1)
D2 = D1 * (1 + g1)
D3 = D2 * (1 + g1)
D4 = D3 * (1 + g1)
D4 represents the expected dividend in four years.
First, let's calculate D1, D2, and D3 using the given dividend growth rate of 6%:
D1 = $3.36 * (1 + 6%) = $3.36 * 1.06 = $3.5616
D2 = $3.5616 * (1 + 6%) = $3.5616 * 1.06 = $3.772896
D3 = $3.772896 * (1 + 6%) = $3.772896 * 1.06 = $3.999538176
Now, let's calculate D4 using the growth rate of 5% for the period thereafter:
D4 = $3.999538176 * (1 + 5%) = $3.999538176 * 1.05 = $4.1995150848
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BNY plc, which pays corporation tax at 25%, has the following capital structure: Ordinary shares: 900,000 ordinary shares of nominal value 25p per share. The market value of the shares is 49p per share. A dividend of 7p per share has just been paid, and dividends are expected to grow by 7% per year for the foreseeable future. Preference shares: 350,000 preference shares of nominal value 60p per share. The market value of the shares is 32p per share and the annual net dividend of 7.5% has just been paid. Debentures: GHC100,000 of 10-year redeemable debentures with a market price of GHC92 per GHC100 block. These debentures have a coupon rate of 10% and the annual interest payment has just been made. Calculate the weighted average after-tax cost of capital of BNY plc. Q5 (b) Preferred stock is source of finance also called a hybrid security. Justify the usage of preferred stock on the capital structure of companies such as Standard Chartered Bank (GH) Ltd.
Weighted Average Cost of Capital (WACC):Weighted Average Cost of Capital (WACC) is a measure of a company's cost of capital.
Then, the after-tax cost of each financial component is divided by the company's total market value to obtain the weighted average cost of capital (WACC).
The formula for calculating WACC is given by, WACC = (E/ V × Re) + [(D/ V × Rd) × (1 − Tc)] where, E = Market value of the company's equity, D = Market value of the company's debt, V = Total value of capital (equity plus debt), Re = Cost of equity, Rd = Cost of debt, and Tc = Corporate tax rate. Calculation of WACC of BNY plc: Firstly, we have to calculate the market value of the equity, which is as follows: Market value of ordinary shares = Number of ordinary shares × Market value per share = 900,000 × £0.49 = £441,000.Market value of preference shares = Number of preference shares × Market value per share = 350,000 × £0.32 = £112,000. Therefore, the market value of equity (E) = £441,000 + £112,000 = £553,000. The market value of debt (D) is GHC100,000 × GHC92 = £92,000.
Now, we will calculate the cost of equity (Re) as follows: Cost of equity = (Dividend per share ÷ Market value per share) + Dividend growth rate = (£0.07 ÷ £0.49) + 7% = 21.4%Next, we will calculate the after-tax cost of debt (Rd) as follows:After-tax cost of debt = (Coupon rate × (1 − Tax rate)) + (Market discount ÷ Years to maturity) = (10% × (1 − 25%)) + (8% ÷ 10) = 8.5%Therefore, the WACC of BNY plc is: WACC = [(E/ V × Re) + (D/ V × Rd)] = [(£553,000/ £645,000 × 21.4%) + (£92,000/ £645,000 × 8.5%)] = 17.2%
It usually pays a fixed dividend and is senior to common stock but subordinate to debt in the event of bankruptcy.
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i. During the year, Crompton Ltd issues $200,000 of bonds and retires (or repays) $120,000 of bonds. How will these events be reported in financing activities on the statement of cash flows?
a. increase in cash of $200,000 and decrease in cash of $120,000
b. decrease in cash of $200,000 and increase in cash of $120,000
c. net gain on retirement of bonds of $80,000
d. net decrease in cash of $80,000
e. net increase in cash of $80,000
The correct answer is option (b): decrease in cash of $200,000 and increase in cash of $120,000. The net effect on cash from these events is a decrease of $80,000 ($200,000 - $120,000), but the individual cash flows associated with each event are separately reported in the financing activities section.
The events of issuing $200,000 of bonds and repaying $120,000 of bonds will be reported as a decrease in cash of $200,000 and an increase in cash of $120,000 in the financing activities section of the statement of cash flows. The statement of cash flows categorizes cash flows into three main sections: operating activities, investing activities, and financing activities. The financing activities section includes cash flows related to raising or repaying capital, such as issuing or retiring bonds. In this case, when Crompton Ltd issues $200,000 of bonds, it is raising capital, which is considered a financing activity. This inflow of cash will be reported as an increase in cash of $200,000 in the financing activities section of the statement of cash flows. On the other hand, when Crompton Ltd retires or repays $120,000 of bonds, it is reducing its outstanding debt, which is also a financing activity. This outflow of cash will be reported as a decrease in cash of $120,000 in the financing activities section of the statement of cash flows.
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a) If fixed costs are 15 and the variable costs are 22 per unit, (1) Write down expressions for total cost (TC), average cost (AC) and marginal cost (MC). (9 Marks) (ii) Find the value of Q which minimizes AC and verify that AC = MC at this point.
Answer: MC = ΔTC/ΔQMC = 22
the value of Q that minimizes AC is approximately 23.32.
Given that the fixed costs are 15 and the variable costs are 22 per unit. Let us find the expressions for total cost (TC), average cost (AC) and marginal cost (MC).(i) Expressions for total cost (TC), average cost (AC) and marginal cost (MC):Total Cost (TC):It is the sum of the fixed cost and variable cost per unit. It can be expressed asTC = Fixed Cost + (Variable Cost x Quantity)
TC = 15 + 22Q
Average Cost (AC):It is the cost per unit and can be expressed as
AC = Total Cost/Quantity
AC = (15 + 22Q)/QAC = 15/Q + 22
Marginal Cost (MC):It is the additional cost of producing one more unit and can be expressed as
MC = ΔTC/ΔQMC = 22
(ii) To minimize the average cost (AC), we take the derivative of the average cost (AC) with respect to Q, equate it to zero, and find the value of Q that makes the derivative zero. We can use this value to show that the AC = MC at that point.Average Cost
(AC) = (15 + 22Q)/Q = 15/Q + 22
Differentiating AC with respect to Q:
AC = 15/Q + 22d(AC)/d
Q = -15/Q^2d(AC)/dQ + 22 = 0-15/Q^2 + 22 = 0-15 = -22Q^2Q^2 = 15/22Q = √(15/22)
We can substitute this value of Q into the expression for the marginal cost (MC) and the average cost (AC) and compare them.
MC = ΔTC/ΔQ = 22AC = 15/Q + 22 = 15/(√(15/22)) + 22 = 23.32
Since AC = MC at the point, we can conclude that the value of Q that minimizes AC is approximately 23.32.
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When an organization produces a high volume of products by assembling components, the organization is using __________________ technology.
a. small-batch
b. continuous-process
c. mass-production
If an organization’s environment is very stable, which type of organization design is likely to be most beneficial?
◯ Mature
◯ Mechanistic
◯ Organic
If an organization is operating in a stable environment, it is more likely to benefit from the mechanistic design style. When an organization produces a high volume of products by assembling components, the organization is using mass-production technology.
Mass production is a modern manufacturing technique that uses technology to manufacture a large number of identical goods. It became popular in the early 20th century, and it is now widely utilized in various fields to create high-volume items quickly.In contrast, small-batch and continuous-process technologies are other production processes that are not related to mass production. An organization that uses small-batch technology produces goods in small quantities.
Continuous-process technology involves the production of a good with few breaks, such as an assembly line.If an organization's environment is very stable, the mechanistic type of organization design is likely to be the most beneficial. Mechanistic design is typically most effective when the environment is stable. This is because mechanistic organizations are efficient and effective at attaining objectives. They achieve their objectives by following a strict hierarchy of authority and providing explicit instructions to workers.
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Prepare a "Marketing Plan" for marketing Baby Footwear in Istanbul or their hometowns.
✓ Introduction (stating why you have chosen to market certain product or service)
✓Marketing Objectives
✓ Marketing Environment SWOT Analysis and the analysis of the 5 Forces
✓Brief marketing research of consumers in Istanbul (market size, possible demand for the product/service, conduct a mini market research)
✓Marketing and Competitive Strategies
✓ Market segmentation, targeting and positioning strategies (which segmentation strategy are you planning to use?)
✓Marketing Mix Strategies: .
Product
Pricing .
Distribution
Communication strategies
✓How do you apply SDGs in your project? Try to use 3 SDGs at least your project and explain them carefully. You need to underline the reason of using that specific goals!
any shoe brand for toddlers, (ex. Nike, Adidas, Converse, Mayoral, Kinetix, Polo, Polaris)
Marketing Plan for Baby Footwear Introduction The reason for choosing baby footwear for marketing is that it is an essential commodity for the target audience and it provides a significant potential for growth in the industry.
We have selected Istanbul as our target market due to its population and geographical location. Marketing Objectives .The marketing objectives of the Baby Footwear brand are. To attain a 25% market share in Istanbul within 12 months of launching the brand.
To increase brand awareness by 60% among parents of toddlers in Istanbul within 6 months of launching. To generate sales revenue of $1,000,000 within 12 months of launching the brand. Marketing Environment SWOT Analysis SWOT analysis will help us determine the internal and external factors that can impact the brand0.
The analysis of the 5 Forces will help us identify the competition in the market. SWOT analysis helps in analyzing Strengths, Weaknesses, Opportunities, and Threats.Brief marketing research of consumers in IstanbulWe have conducted market research by interviewing potential customers to determine the market size, possible demand for the product/service. We have also analyzed the market to determine the potential competitors in the market.
Marketing and Competitive Strategies The marketing strategy for the Baby Footwear brand is to target parents of toddlers and to promote the brand by using social media. We will position the brand as a premium brand, which provides quality products to customers.
Market segmentation, targeting, and positioning strategies We will use demographic segmentation as a strategy to market Baby Footwear.
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what is the term casino economy and what are the use in pakistan
budget 2022
The term "casino economy" refers to an economic system where the growth and stability of the economy heavily rely on speculative activities, such as financial speculation, rather than on productive sectors like manufacturing or agriculture.
It implies an economy that is highly dependent on gambling-like activities and risky investments, which can lead to instability and vulnerabilities in the long run.
In the context of Pakistan's budget for 2022, it is important to note that the term "casino economy" is not explicitly mentioned. However, if there are concerns or criticisms about the budget prioritizing speculative activities or relying heavily on volatile sectors such as the stock market or real estate, it could be associated with the idea of a casino economy.
To provide a more accurate analysis, it would be necessary to review the specific measures and policies outlined in the budget for 2022 and evaluate their potential impact on the economy. The assessment would involve considering factors such as the allocation of funds, investment in productive sectors, promotion of job creation, and measures to address economic inequalities.
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which remarketing list segment will typically have the highest volume of viewers
The "All Visitors" remarketing list section often has the biggest viewership.
One of the advantages offered by search engine advertisements that enabled the business to contact customers who had visited their separate websites was the remarketing list. Only when their remarketing list has at least 1,000 cookies may search advertising be customised.
All tagged or cooked website users are included in this group, which enables marketers to target their adverts to a large audience. due to the fact that it covers all visitors, independent of their particular behaviours or actions on the website.
Compared to more focused segments centred on certain behaviours or hobbies, it typically has the highest viewership.
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Indicate whether Prepaid Expenses and Accrued Revenues result in Deferred Tax Assets (DTAs) or Deferred Tax Liabilities (DTLs): a. Both result in DTAs b. Both result in DTLs c. Prepaid Expenses result in DTAs, Accrued Revenues result in DTLs d. Prepaid Expenses result in DTLs, Accrued Revenues result n DTAs.
Accrued Revenues result in Deferred Tax Assets (DTAs).Prepaid Expenses and Accrued Revenues are related to the company's tax accounting and have an impact on Deferred Tax Assets (DTAs) and Deferred Tax Liabilities (DTLs).
Both prepaid expenses and deferred revenues result in Deferred Tax Liabilities (DTLs).Prepaid expenses are expenses that have already been paid for but have not yet been used up or consumed. Accrued revenues, on the other hand, are revenues that have been received but not yet earned.In the tax accounting of a business, prepaid expenses result in Deferred Tax Assets (DTAs) because they reduce taxable income in the current period and increase taxable income in the future period.
On the other hand, deferred revenues result in Deferred Tax Liabilities (DTLs) because they increase taxable income in the current period and reduce taxable income in the future period.
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You are a representative from one of the software companies you
recommended in the recommendation proposal assignment. You got a
lead that Access Mortgage Company responded for more information
about
As a representative of the software company, it is important to provide additional information about the product and services that we offer.
Access Mortgage Company's interest in our product indicates their need for a reliable software solution to manage their business.
Our software provides a comprehensive platform for mortgage companies to streamline their operations, manage customer information, and improve communication between departments.
Our user-friendly interface and customizable features make it easy for companies to tailor the software to their specific needs. Our team also provides training and support to ensure a smooth transition to our software.
We look forward to working with Access Mortgage Company to provide them with a solution that meets their needs and helps their business succeed.
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The results of SWOT analysis provide guidance to company managers in crafting a strategy (or improving an existing strategy) in ways that fit the company's internal and external situation, which one of the following is not one of the conditions for a company's strategy to be an excellent fit with its situation? Copyright © by Glo Bus Software, Inc. Copying, distributing, or 3rd party website posting sexpressly prohibited and constitutes copyright violation O The foundation and centerpiece of a company's strategy to profitably compete against rivals must be its most competitively powerful resources and capabilities O A company's strategy should be aimed at (1) completely eliminating all of its competitively important weaknesses and (2) boosting its number of core competencies and distinctive competencies A company's strategy should include efforts to defend against those external threats that can adversely impact the company's long-term business prospects or put its survival at risk. A company's strategy must include strategic initiatives aimed squarely at capturing at those market opportunities best suited to the company's strengths and competitive assets. A company's strategy must include actions to correct those competitive weaknesses that make the company vulnerable to attack from rivals, depress profitability, or disqualify it from pursuing a particularly attractive opportunity.
The condition that is not required for a company's strategy to be an excellent fit with its situation is:
"A company's strategy should be aimed at (1) completely eliminating all of its competitively important weaknesses and (2) boosting its number of core competencies and distinctive competencies."
While it is important for a company to address its weaknesses and enhance its core competencies and distinctive competencies, it is not a mandatory condition for a strategy to be an excellent fit with the company's situation. The other conditions mentioned in the options are all crucial for a strategy to align effectively with the company's internal and external situation.
A company's strategy should focus on leveraging its most competitively powerful resources and capabilities, defending against external threats, capturing market opportunities suited to the company's strengths, and correcting competitive weaknesses.
These conditions ensure that the strategy is well-aligned with the company's situation and enhances its ability to compete and succeed in the market.
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