The marketing function that offers place utility or distribution from the producer to the consumer involves advertising, warehousing, shipping, and inventory management. Thus, all are the correct options.
What is the term marketing function means?Marketing is the process of discovering, constructing, and maximizing the value to meet the needs of a target market in terms of goods and services, which may include selecting a target audience; deciding which attributes or themes to emphasize in advertising; running advertising campaigns, and attending trade shows and public events. Buying, selling, shipping, storage, standardization and grading, financing, risk carrying, and distributing market knowledge are all examples of marketing functions. A list of marketing functions like this is better suited to tangible items.
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Which of the following choices is a way that big data and data science can help today’s marketer?
(a) The use of big data helps in marketing decision making because it keeps marketing information more "pure" by eliminating other business units from the marketing decision-making process.
(b) Big data can help firms react to market conditions more quickly, leading to optimized pricing practices.
(c) Data science has helped simplify promotional decisions because it has shown that simple promotions reaching large audiences work the best.
(d) Real-time inventory management often helps marketers plan
promotional campaigns that are more effective.
(e) Big data has been useful in determining what other companies a firm should merge with to be a more effective marketer.
The way in which big data and data science can help today’s marketer includes:
A. The use of big data helps in marketing decision making because it keeps marketing information more “pure” by eliminating other business units from the marketing decision-making process.B. Big data can help firms react to market conditions more quickly, leading to optimized pricing practices.C. Data science has helped simplify promotional decisions because it has shown that simple promotions reaching large audiences work the best.What is Big Data vs Data Science?Basically, a big data refers to the data is used by organisations to improve the efficiency, understand the untapped market, and enhance competitiveness while a data science is more concentrated towards providing modelling techniques and methods to evaluate the potential of big data in a précised way.
Big data analytics are mostly used in marketing and sales by organizations in pricing strategies according to the pricing of similar products in the market. In conclusion, both the Big data and Data science are used for making promotional campaigns for customer retention and gaining new customers.
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Which of the following is correct regarding posting a transaction? Posting means to transfer journal information to a ledger. Posting takes place once during an accounting period. Posting means to enter transactions into a journal.
The following is correct regarding posting a transaction Posting means transferring journal information to a ledger. Thus option (A) is correct.
What is information?Information is a general term for everything with the capacity to inform. Information is most fundamentally concerned with the interpretation of what may be sensed. Any naturally occurring process that is not entirely random, as well as any discernible pattern in any medium, can be said to convey some level of information.
An agreement or communication between a buyer and a seller to trade products, services, or assets in exchange for money is a financial transaction. Any transaction involves a modification to the financial situation of two or more businesses or people.
Therefore, Thus option (B) is correct.
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in a(n) ________blank marketing channel, each member attempts to satisfy its own objectives.
In an independent marketing channel, each member attempts to satisfy its own objectives. Hence, option B is correct.
What is independent marketing channel?
A representative from the manufacturer is an illustration of an independent marketing channel. A manufacturer's salesperson typically promotes comparable goods for several different firms.
Today, websites, email, targeted digital advertising, and events are the most prevalent marketing channel kinds digital or in-person. In the past, people often employed an indirect marketing route or a direct distribution channel such as mailers like television.
Thus, option B is correct.
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The options are missing-
A. administered
B. independent
C. contractual
D. cooperative
E. corperate
terry was ill for three months and missed work during this period. during the illness, terry received $4,500 in sick pay from a disability insurance policy. what amounts are included in terry's gross income under the following independent circumstances? note: leave no answer blank. enter zero if applicable. required: terry has disability insurance provided by his employer as a nontaxable fringe benefit. terry's employer paid $2,800 in disability premiums for terry this year. terry paid $2,800 in premiums for his disability insurance this year. terry's employer paid the $2,800 in premiums for terry, but terry elected to have his employer include the $2,800 as compensation on terry's w-2. terry and his employer share the cost of the disability insurance. terry's employer paid $1,800 in disability premiums for terry this year as a nontaxable fringe benefit, and terry paid the remaining $1,000 of premiums from his after-tax
The amount included in terry's gross income under the following independent circumstances is 4500.
2. Terry paid the remaining $1,000 of premiums from his after-tax is $2893.
Solution:
[($1,000/$2,800) × $4,500] = 1607
4500 - 1607 = $2893
Gross income includes wages dividends capital gains business income pension payments and other income. Income adjustments include faculty and staff expenses student loan interest child support payments and contributions to retirement accounts.
Gross Wage is what an employee earns before taxes benefits and other payroll deductions are deducted from their salary. The amount remaining after deducting all withholding is net wages or net wages. An individual's gross income is the amount of money earned before any deductions or taxes are deducted. For full-time employees, gross income is annual salary or annual salary before tax.
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Section 1 Question 1 of 22. A tax preparer's high ethical standards protect taxpayers by: o Providing them with an accurate return, including all tax benefits to which they are entitled. o Guaranteeing their returns will not be questioned by the IRS. o Promising they will be free from IRS penalties. o Protecting the tax preparer, not the taxpayer. Mark for follow up Question 2 of 22. A tax preparer's high ethical standards protect the tax preparer through all of the following EXCEPT: o Providing a quality product that helps them increase client retention o Minimizing the risk of being subject to preparer penalties. o Showing integrity in the return preparation process. o Eliminating the need for preparer due diligence notes Mark for follow up Question 4 of 22. Beatrice is eligible to claim EITC based on Jordyn, her granddaughter and qualifying child. Jordyn's mother, Beth, is also eligible and plans to claim Jordyn as a qualifying child for EITC. Which of the following statements is accurate? o Beth holds a higher right and may claim EITC based on Jordyn because Beth is Jordyn's parent. o As long as Beatrice files before Beth, you may prepare her return claiming EITC based on Jordyn. o Beatrice may claim EITC based on Jordyn if her AGI was higher than Beth's and if she files first o Beatrice and Beth may agree to each claim one-half of the EITC based on Jordyn, their qualifying child. Mark for follow up Question 5 of 22. Virginia comes to your tax office to have her income tax return prepared. She is eligible to claim EITC based on Kellie, her granddaughter and qualifying child. Virginia has $24.000 in wages and owns the home where she, Kellie, and Kellie's father, Herman, live. Herman would also like to claim Kellie as a qualifying child for EITC; however, Herman's only income for the year was $2,500 of unemployment income. He contributed nothing to the household expenses. Which of the following statements is accurate? o Herman holds a higher right and may claim EITC based on Kellie because Herman is Kellie's parent o As long as Virginia files before Herman, you may prepare her return claiming EITC based on Kellie. o Virginia may daim EITC based on Kellie, as her AGI was higher than Herman's and Herman has no earned income and thus does not qualify for the EITC o Herman and Virginia may agree to each claim one-half of the EITC based on Kellie, their qualifying child. Mark for follow up Question 6 of 22 Henry who is not a dependent states he wishes to claim EIC this year for his 35 year old dependent child. Both reside in the US Henry states that the child wes with Henry, is not mamed, is disabled, and has not worked during the year. What does Henry's tax preparer need to do to determine if the child can quality Henry for ETC? o Enter Henry's child on this return and identify him as a disabled qualifying child o Advice the tax payer of the tax definition of disabled and apply sound judgment and common sense to see if the definition is met o Ask for proof of the child's name o Explain to Henry that a 35-year-old child is too old to be a qualiting child for EITC Mark for follow Up
A tax preparer's high ethical standards protect taxpayers by option A: Providing them with an accurate return, including all tax benefits to which they are entitled.
A tax preparer's high ethical standards protect the tax preparer through except option D: Eliminating the need for preparer due diligence notes Mark for follow up
The statement that is accurate is option C: Beatrice may claim EITC based on Jordyn if her AGI was higher than Beth's and if she files first.
What are tax ethics?Tax ethics, is known to be the term for the taxpayer's moral duty to pay taxes, is influenced by their interaction with the government as citizens. Tax evasion and tax ethics are frequently used synonymously.
When filing taxes, a tax preparer should take certain ethical considerations into account:
Inform the appropriate third parties about the suspected fraudulent behavior.Inform the IRS and other tax authorities of the alleged fraudulent activities.Think about ending the engagement.Therefore, one can say that anyone who prepares a tax return may now be held accountable for errors committed in filing a return for someone else due to a change in tax regulations that took effect more than ten years ago. An IRS monetary penalty may be imposed on a tax preparer who made errors on your return.
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seaside issues a bond with a coupon (stated) interest rate of 10%, face value of $500,000, and due in 5 years. interest payments are made semi-annually. the market rate for this type of bond is 8%.
Issue price of the bond is $540587.84.
It is given that:
Face value: $50,000
Interest rate: 10%
No. of years: 5 years, semi-annual
market rate: 12%
Coupon payments = Face value × Rate of interest
= 500,000 * 10% = 50,000 annually
But it is given that interest payments are made semi-annually. Thus, coupon payments =
50,000 / 2 = 25000 semi-annually
Issue price of the bond= (Present value of coupon payment) + (Present value of face value)
It is given that coupon payment is 25000 and face value is 500000.
Market rate is 8% but it is semi-annually thus, market rate is 4%.
also time period is given as 5 years but payments are made semi-annually; thus, no of terms will be 10.
Thus, Issue price of the bond =
(25000/0.04) [ 1- (1.04)⁻¹⁰) ] + (500000 / 1.04¹⁰ )
= 202750 + 337837.84
=$540587.84
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Question 6 1 pts Direct selling is the most expensive form of retailing. True False Question 7 1 pts The basic function of promotion is communication. O True False Question 8 1 pts Promotion is communication that is managed. True False Question 9 1 pts Advertising that promotes organizational images or ideas is institutional advertising. True O False Question 10 1 pts Public relations is concerned with a company's public image. True False
Direct selling is the most expensive form of retailing: True.
The basic function of promotion is communication: True.
Promotion is communication that is managed: True.
Advertising that promotes organizational images or ideas is institutional advertising: True.
Public relations is concerned with a company's public image: True.
What is an advertisement?In Business management, an advertisement can be defined as a group of consumer promotions programs which is designed and developed with the sole intention of making the various goods or services that are being offered by a business firm to become known, popular and familiar to all of its customers and potential customers.
This ultimately implies that, consumer promotions programs and all other form of advertisements can help a business organization or entrepreneur in the following positive ways:
To enhance brand loyalty.To generate store traffic.To facilitate and influence the final decision of customers to purchase an item.What is public relations?Public relations can be defined as a form of consumer promotion that is typically focused on the public image of a business organization (company or firm) and it is also based on an unpaid communication.
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As a sales-team member, you earn 2% commission on any sales over $2,500. The amount of sales you earn commission on is represented by. The total commission you earn is. What composite function would you use to calculate your commission earned if you sold $6,000 worth of items?.
The commission earned on sale $6,000 worth of items is $70.
How to calculate?For the given problem, we need to find the commission earned on a sale of $6000.
The problem had given that we earn commission after $2500 and we earn 2% of commission.
Given,
E(x) = x - 2500
C(x) = 0.02x
In order to find, what we will actually earn, calculate C(E(x)).
Hence,
C(E(x)) = 0.02(x-2500) = 0.02x - 50
Therefore, now using equation to compute our earned commission,
Let's put $6000 sale.
C(E(6000)) = 0.02(6000) - 50 = 70
Hence, we will earn $70, on a $6000 sale,
What are typical referral commission percentages?The industry average for referral commissions is typically 20% to 30% of gross profit. On the low end, a sales professional can earn his 5% of sales, whereas a pure commission structure allows him 100% commission.
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hr challenges that businesses face as it relates to providing healthcare to your employees. make sure to provide some detail/explanation on what those challenges are. then, you need to develop a specific healthcare strategy/vision for your company based on those identified challenges. lastly, develop 4 hr initiatives/hr actions that could be taken to support/execute your strategy. you will need to provide some detail, that is, the actual actions that you would take to support your chosen strategy.
The lack of qualified healthcare workers, staff burnout, and patient discontent are all major HR issues in the sector. Healthcare HR encompasses more than the standard hiring, onboarding, payroll, and firing processes.
What are the HR challenges facing healthcare?The lack of qualified healthcare workers, staff burnout, and patient discontent are all major HR issues in the sector. Healthcare HR encompasses more than the standard hiring, onboarding, payroll, and firing processes. Staffing shortages for clinical workers continue to be the biggest problem for healthcare HR. Since the shortage is likely to persist, HR professionals must find strategies to make the most of their limited human resources.
What are the greatest challenges that HR will be facing now and in the future and why it is important?Retaining and rewarding the finest employees was cited as the top difficulty by a startling 60% of poll respondents in the Challenges Facing HR Over the Next 10 Years report. Within organizations, there are new ways to advance.
Leaders in human resources play a crucial role in healthcare organizations across the sector. The department's value is enhanced by HR's capacity to select and develop the best candidates, control shifting shifts and pay schedules, comprehend regulatory and legal compliance, and enhance patient satisfaction.
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T/F a manufacturing cycle efficiency (mce) ratio of .20 indicates that 80 % of the manufacturing cycle time is spent on non-value-added activities.
The answer is true. The percentage of production time that is spent on value-added activities is known as manufacturing cycle efficiency. Manufacturers can find tasks that don't bring value to the operation and cut expenses by eliminating them.
By eliminating non-value-added processes, a company can cut costs and Manufacturers the time needed to produce a good by using this information. The Process Cycle Efficiency, often known as the "Value Added Ratio," is a metric used to determine how much time is spent adding value to a process. The procedure becomes more effective the greater the number. The majority of material's time is frequently spent waiting.
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Which of the following statements is accurate regarding Accounts payable? Click the answer you think is right. O Accounts payable are assets which are increased on the left side of the T-account O Accounts payable refer to promises to pay later, which may arise from the purchase of supplies or services. O Accounts payable refer to deposits made by the business into their checking account O Accounts payable refer to amounts owed to the business by customers who purchased products on credit. Do you know the answer?
The statement that is accurate regarding Accounts payable is Accounts payable refer to oral or implied promises to pay later, which may arise from the purchase of supplies or services. Option B.
What is meant by the Accounts payable?Accounts Payable is the term used to describe when a business acquires products on credit that must be repaid within a short period of time. It is categorized under the category of "current liabilities" and is handled as a liability. A short-term debt payment called accounts payable must be made in order to stay in good standing.
Accounts payable (AP) refers to the short-term debt and liability on a balance sheet that a company owes to its suppliers and vendors who have given the company credit for goods or services.
On a company's balance sheet, accounts payable are listed. Given that it is money owing to creditors and appears on the balance sheet under current liabilities, accounts payable is a liability.
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suppose the government in this economy decides to decrease government purchases by $250 billion. the decrease in government spending will lead to a decrease in income, creating an initial change in consumption equal to . this decreases income yet again, leading to a second change in consumption equal to . the total change in demand resulting from the initial change in government spending is-$1 trillion .
Suppose the government in this economy decides to increase government purchases by $250 billion. The increase in government purchases will lead to an increase in income, generating an initial change in consumption equal to $187.5 billion. This increases income yet again, causing a second change in consumption equal to $140.6 billion. The total change in demand resulting from the initial change in government spending is $1 trillion.
What are Government purchases?All government payments, investments, and transfer payments are included in government expenditures.
The initial shift in consumption was calculated by multiplying 250 billion by the marginal propensity to consume, and this was replicated for the second one by multiplying 187.5 billion by the MPC again.
The $1 trillion figure was calculated by multiplying $250 billion by the expenditure multiplier.
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let's say we decide to transact with typical bank again, and remember that the required reserve ratio is 0.2. g
The Federal Reserve establishes the Required Reserve Ratio (RR) as a percentage. (b) Banks often desire greater savings when interest rates are higher.
How do you determine the necessary reserve ratio?Simply dividing the amount of money a bank must keep in reserve by the amount of money it has on deposit yields the required reserve ratio. For instance, if a bank had to hold $500,000 in reserves along with its $10 million in deposits, the minimum reserve ratio would be 1/20, or 5%.
How much bank reserves are there?Key Learnings. The percentage of a commercial bank's deposits that it is required to retain in cash as a reserve in the event of a large number of client withdrawals is known as the reserve ratio and is determined by the central bank. The reserve ratio is a crucial monetary policy tool used by the Fed in the United States to enhance or lower the money supply in the economy.
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was demolished at a cost of $8,200; the salvaged materials were sold for $2,200. additional expenditures before construction began included $1,500 attorney's fee for work concerning the land purchase, $5,500 real estate broker's fee, $9,100 architect's fee, and $16,000 to put in driveways and a parking lot. (a) determine the amount to be reported as the cost of the land. cost of the land $enter the cost of the land in dollars (b) for each cost not used in previous part, indicate the account to be increased.
Cost transaction options are given below:
1) cost of a plant can be measured in cash transaction is acquisition price can be treated as cost in cash transaction
16) cost of the plant in Non-cash transaction can be measured by [cash Equivalent price is equal to the fair market value of the asset given up (1) the fail market value asset received which even is mole the clearly identifiable. can be treated as cost in non-cash transaction.
gain (of) loss to calculate gain(d) loss on the sale an asset we should compare the cash received for the asset and to compare with the book (1) carrying value less the amount of depreciation then the difference amount can be treated as gain.
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Estimates of which of the following are needed to prepare pro forma income statements?
Multiple select question.
variable costs
selling price per unit
competitor pricing
historical trends
unit sales
Variable costs, selling price per unit, historical trends, and unit sales are needed to prepare pro forma income statements. The correct options are a, b, d, and e.
The variable costs related to producing and selling each unit of a good or service must be estimated for pro forma income statements. These charges may consist of direct materials, direct labor, and other varying costs.
When estimating the revenue from the sale of goods or services, the selling price per unit must be estimated. Forecasting future revenues, costs, and spending benefits greatly from an understanding of historical trends and financial performance in the past.
For the pro forma income statement to accurately anticipate the total sales revenue, an estimate of expected unit sales must be made.
Therefore, Pricing and market positioning decisions may be influenced by information about competitor pricing. So the correct options are a, b, d, and e.
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in 2010, jerry sold blackacre to tiffany. tiffany did not record but immediately assumed possession of blackacre, where she continues to live. in 2015, jerry sold blackacre, the same parcel, to chris by statutory special warranty deed. chris recorded the deed but never assumed possession. thereafter, jerry fled the jurisdiction. blackacre is in a state whose recording statute provides: a conveyance of an interest in land is not valid against any subsequent purchaser for value without notice thereof, unless the conveyance is recorded. this jurisdiction has a 10-year statute of limitations for claims of breach of warranty in a deed. identify this recording statute.
Based on the information provided, the recording statute is notice statute.
Recording statute, also called a recording act, is a state law which regulates the recording of deeds and other interests in real estate property and is utilized to establish priority between parties claiming an interest in the same property. There are three major types of recording statue: Race statute, Notice statute, and Race-notice statute. Notice statute refers to a recording act that extends priority of title of the property to the party with the most recently obtained claim, but only if the party also lacked notice of an earlier claim. Under a notice statute, a later purchaser of an interest has the priority interest if the later purchaser is a bona fide purchaser. A bona fide purchaser for value cannot have actual, constructive, or inquiry notice of any other claim against the property.
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Which statement is NOT true regarding a Straight Life policy?
A. The face value of the policy is paid to the insured at age 100.
B. It usually develops cash value by the end of the third policy year.
C. It has the lowest annual premium of the three types of Whole Life policies.
D. Its premium steadily decreases over time, in response to its growing cash value.
"Its premium steadily decreases over time, in response to its growing cash value." is NOT true regarding a Straight Life policy. Option D
What is the Straight Life policy?Generally, A retirement income product known as a straight life annuity, which is also sometimes referred to as a straight life policy, is one that provides a benefit up until the time of death but does not make any additional beneficiary payments or provide a death benefit.
A guaranteed stream of income is provided by a straight life annuity to the annuity owner until the owner passes away, as is the case with all other types of annuities.
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due to faster communication, transportation, and financial transactions, time and distance have decreased barriers to global marketing.
The market for products and services as well as industrial processes are becoming more and more globally integrated.
What are transportation and communication?Transportation is the act of moving people or things from one location to another using a mode of transportation. Conversely, communication is the transfer of knowledge or information from one source to another. (Image via Pixabay) Transport typically involves transportation infrastructure, such as roads, railroads, and air travel.
What are the advantages of lowering trade barriers globally?Lower trade and FDI restrictions on finished goods can increase competition in the liberalized sector (s). This can assist businesses in utilizing economies of scale, enhancing efficiency, incorporating foreign technology, and innovating.
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if a pizza hut restaurant near campus increases its prices by 10% and as a result its sales revenue increases by 3% te price elasticity of demand for the services offered by the restaurant must be
If a pizza hut restaurant near campus increases its prices by 10% and as a result its sales revenue increases by 3% te price elasticity of demand for the services offered by the restaurant must be inelastic.
A good's quantity sought is calculated using its price elasticity of demand. Almost all items see a decline in demand when prices rise, but certain goods are more affected than others. The price elasticity gives the percentage change in quantity needed when a price rises by 1% and all other variables stay the same. A 1% rise in price causes a 2% decrease in the amount sought if the elasticity is 2. Different elasticities are used to quantify how the quantity required changes in relation to other variables. Price elasticities are usually negative and only seldom positive. Almost always, when a product is described as having an elasticity of 2, it refers to a value of 2.
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Proctored assignments are indicated by Multiple Choice O a shield icon & title of "Proctoring Enabled" O a red cube icon O a magnifying glass icon
The proctored assignments are indicated by a shield icon & title of proctoring enabled. The Option A is correct.
What is a proctored assignments?Also known as a proctored examination, refers to the type of assignment that your instructor can create that, at minimum, which requires an authorization for you to start or submit your assignment attempt.
It is important we note that a proctored examination is a type of assignment that promotes assignment integrity by increasing the assignment security and through confirming your identity.
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When agent Hal shows a home he should never:
Ask questions of the prospects' children.
Start in the room with the best features.
Allow indoor pets to leave their designated area.
Leave everything as it was when he entered.
When agent Hal shows a home he should never Allow indoor pets to leave their designated area. Option (c) is correct.
What do you mean by Prospects?Prospectus is the likelihood or potentiality that something will occur.
A real estate agent who holds a license facilitates transactions between buyers and sellers and represents them in court. Agents typically receive payment in the form of commission, which is a percentage of the sale price of the home. Depending on their state and brokerage, agents receive a different percentage.
As a result, Option (c) is correct. When agent Hal shows a home he should never Allow indoor pets to leave their designated area.
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the law of supply and demand says that supply and demand do not play a factor when determining the price of a product or service.
False, the interaction of a market's supply and demand factors determines price. The desire of consumers and producers to engage in purchasing and selling is represented by demand and supply.
What is the supply law saying?According to the law of supply, manufacturers will increase their supply to the market if the price is higher. Businesses produce more of a good or service when they anticipate paying a greater price for it because they want to boost their revenue.
What is the law of demand?According to the Law of Demand, there is an indirect correlation between a good or service's price and the amount of that good or service that customers are willing and able to purchase. In other words, consumers are less able and willing to purchase an item as its price rises and vice versa.
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If both the demand rate and lead time are constant, how do the fixed-interval model and the fixed-quantity model compare?A) Inventory holding costs are higher for the fixed-interval modelB) They function identicallyC) Inventory holding costs are higher for the fixed-quantity modelD) The risk of a stockout is higher with the fixed-quantity model.
If both the demand rate and lead time are constant, the fixed-interval model and the fixed-quantity model can be compared as they both function identically.
In economics, demand is the amount of an item that customers are willing and able to buy at various prices at any particular moment. The demand curve is the connection between price and quantity demand.
The perceived necessity, price, perceived quality, convenience, accessible alternatives, customers' discretionary money and tastes, and a variety of other factors all influence demand for a certain item. Numerous elements and conditions influence a consumer's desire or inability to purchase a product. Some of the frequent criteria are: commodity price, price of associated items, and tastes or preferences.
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Which of the following are reasons to configured VLANs on a switch as opposed to using without VLANs? (select two)
___Increase number of collision domain
___Increase number of broadcast domains
___Increase security
___Redundant paths between two hosts
___Allowing broadcast traffic between subnets
VLANs provide a quantity of benefits inclusive of ease of administration, confinement of broadcast domains, reduced network traffic, and enforcement of security policies.
VLANs allow logical grouping of end-stations that are bodily dispersed on a network.
Which of the following are reasons to use VLANs pick two?Increased variety of broadcast domains. Increased security.
A VLAN is recognized on community switches with the aid of a VLAN ID. Each port on a swap can have one or more VLAN IDs assigned to it and will land in a default VLAN if no different one is assigned. Each VLAN offers data-link get admission to to all hosts linked to change ports configured with its VLAN ID.
They enlarge the dimension of collision domains. They permit logical grouping of users by using function. They can decorate network security.
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https://brainly.com/question/25867685#SPJ4marisa is the office manager in a small company. her employees find that they can often come late to work and leave early, and marisa will cover their work for them. marisa is likely to score: _______
a. low on emotional stability.
b. high on agreeableness. c. low on extroversion. d. high on conscientiousness.
Marisa manages the office for a small business. Her staff members discover that they can frequently arrive late for work and depart early since Maria will finish their assignments. Marisa is probably going to rate highly in this category.
How do you define office manager?person whose responsibility it is to manage an office's work organization: Office activities must be planned, coordinated, and supported administratively by the office manager.
What alternative name for office manager is there?An office manager, usually referred to as an admin assistant or just an administrator, serves as the organization's point of contact for management and staff. Office managers are in charge of a number of duties, such as keeping an eye on deliveries, setting up workplaces, and helping executives when needed.
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ski central has the following information for producing 500 skis. the company sold 470 of these skis produced. based on the information below, what is the cost of goods sold amount for this period for ski central? direct materials used: $ 45,000 direct labor: $ 20,000 manufacturing overhead applied: $ 100,000 actual depreciation on factory: $ 9,000 selling expenses: $ 22,500 administrative expenses: $ 16,000
Ski Central is producing 500 skies and sold 470 units. The direct material used is costed $45,000, direct labor costs $20,000, manufacturing overhead costs $100,000, factory depreciation costs $9,000, selling expenses $22,500, and administrative expenses $16,000. The cost of goods sold for Ski Central's products is $370.
Cost of Goods Sold (COGS) is the total cost directly needs to produce one unit of product. COGS includes the direct materials and direct labor costs used directly to the production process of a product. COGS also may incude other fixed costs such as factory depreciation, storage costs, and factory overhead.
Based on the question, we know that:
Direct material costs = $45,000
Direct labor costs = $20,000
Manufacturing overhead costs = $100,000
Actual depreciation on factory = $9,000
Sales expenses = $22,500
Adm. expenses = $16,000
Units produced = 500
Units sold = 470
As we discussed before, we only could include direct material costs, direct labor costs, manufacturing overhead and factory depreciation to calculates the products' COGS. Because both selling or sales expenses and administrative expenses are included as general expenses and indirectly affecting the production process. Hence, the total production cost is:
Total Production costs = $45,000 + $20,000 + $100,000 + $9,000
Total production costs = $174,000
To calculates the products' COGS we only calculates the units product sold as a divider to the total production costs. The COGS for Ski Central's skies are:
COGS = Total production costs : units sold
COGS = $174,000 : 470
COGS = $370
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an assigned risk pool includes people who are able to obtain auto insurance due to a great driving record.
An assigned risk pool includes people who are able to obtain auto insurance due to a great driving record is False.
The three types of auto insurance commonly offered are third-party collision damage waiver and comprehensive. Drivers can continue to purchase other types of car insurance, including If something bad happens to you the insurance company will pay you, or someone you choose.
Insurance protects against possible financial losses. You can't predict the future so you never know when something bad will happen to you or your property. Insurance can prepare for the worst. Provides protection against many risks. B. Unexpected property damage illness or injury.
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given the following information, determine average inventory at retail. cost retail beginning inventory $3,000 $6,000 purchases 1,500 3,000 cost of goods available for sale 4,500 9,000 net sales 3,500 7000 ending inventory 1,000 2,000 multiple choice question. $4,000 $2,000 $8,000 $6,000
According to the given information, The average inventory at retail is $4,000.
The average inventory at retail = ($6,000 + $2,000 )/ 2 = $4,000
A calculation of average inventory determines the value or quantity of a specific good or group of goods over two or more specified time periods.The average inventory is the mean value of an inventory over a given time period, which may differ from the median value of the same data set.When considering overall sales volume, average inventory figures can be used as a benchmark, enabling a company to monitor inventory losses.Moving average inventory enables a business to keep track of inventory from the most recent purchase.The ability to better manage costs, sales, and business relationships makes inventory management a crucial success factor for businesses.Learn more about Average inventory, here
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Suppose the market for gourmet chocolate is in long-run equilibrium, and an economic downturn has reduced consumer discretionary incomes. Assume chocolate is a normal good, and the chocolate producers have identical cost structures.
The long-run supply curve will shift to the left. The decrease in equilibrium price means that firms are not making economic profit. This will cause firms to opt-out of the market, decreasing the supply and pushing back the equilibrium price up to the long-run equilibrium level.
While some markets rely on vendors providing their goods or services to customers in return for money, most markets rely on bartering commodities and services. The method through which the costs of products and services are decided can be described as a market.
The distribution and allocation of resources within a society are made possible through markets, which also encourage commerce. The evaluation and pricing of every tradable good is possible in markets. To allow for the exchange of rights for services and products, markets may develop more or less naturally or can be purposefully created by human activity.
The above question is incomplete, the complete question is-
Suppose the market for gourmet chocolate is in long run equilibrium and an economic downturn has reduced consumer discretionary incomes. Assume chocolate is a normal good and the chocolate producers have identical cost structures.
d. What will happen to the long-run supply curve-increase, decrease, or no change?
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Resource leveling or smoothing can have all the following results on a project EXCEPTSingle choice.
a. Lower peak resource demand.
b. Reduced resource need
c. A longer project duration
Resource leveling or smoothing can have all the following results on a project except a longer project duration. So option c is the correct option .
Resource leveling: What does that mean?Resource leveling is a strategy in resource management that can assist teams in anticipating project timeframes and better accommodating resource restrictions. It aids in avoiding bad project management, which frequently results in last-minute delays, exhausted team members, and expense overruns.
What does "resource leveling" and "resource smoothing" mean?Changing a project's start and finish dates to account for scarce resources is a practice known as resource leveling. While resource smoothing involves altering project operations to make sure that work is finished in accordance with current timelines.
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