Answer:
The answer is A.) Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
Explanation:
Arrow Industries employs a standard cost system in which direct materials inventory is carried at standard cost. Arrow has established the following standards for the direct costs of one unit of product.
Standard Standard Standard
Quantity Price Cost
Direct materials 8 pounds $1.80 per pound $14.40
Direct labor 0.25 hour $8.00 per hour 2.00
Total $16.40
During May, Arrow purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for May were $42,000, 90 percent of which were for direct labor. Arrow manufactured 19,000 units of product during May using 142,500 pounds of direct material and 5,000 direct labor hours.
a. Calculate the direct materials price variance for May.
b. Calculate the direct materials quantity variance for May.
c. Calculate the direct labor wage rate variance for May.
d. Calculate the direct labor efficiency variance for May.
Answer:
the answer is c!!!!
An e-commerce application is using a fanout messaging pattern for its order management system. For every order, it sends an Amazon SNS message to an SNS topic, and the message is replicated and pushed to multiple Amazon SQS queues for parallel asynchronous processing. A Spot EC2 instance retrieves the message from each SQS queue and processes the message. There was an incident that while an EC2 instance is currently processing a message, the instance was abruptly terminated, and the processing was not completed in time. In this scenario, what happens to the SQS message?
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Explanation:
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Explain how an investor makes money by investing in bonds
Answer:
Financial investors earn money through the purchase of bonds, be these public (of countries or states) or private (that is, of companies) through speculation regarding the rise or fall of their value with respect to the purchase value, as well as with the interest that these bonds accrue periodically.
Thus, if the bond rises in value due to a good economic performance by the issuer, investors can sell it and make a profit, or even buy bonds at times of low values, expecting increases.
A design engineer wants to construct a sample mean chart for controlling the service life of a halogen headlamp his company produces. He knows from numerous previous samples that this service life is normally distributed with a mean of 500 hours and a standard deviation of 20 hours. On three recent production batches, he tested service life on random samples of four headlamps, with these results:
Sample Service Life (hours)
1 495 500 505 500
2 525 515 505 515
3 470 480 460 470
1) What is the sample mean service life for sample 2?
A. 495 Hours
B. 460 Hours
C. 500 Hours
D. 515 Hours
E. 525 Hours
2) What is the mean of the sampling distribution of sample means when the service life is in control?
A. 250 Hours
B. 470 Hours
C. 515 Hours
D. 495 Hours
E. 500 Hours
3) What is the standard deviation of the sampling distribution of sample means for whenever service life is in control?
A. 20 Hours
B. 10 Hours
C. 11.55 Hours
D. 5 Hours
E. 6.67 Hours
4) If he uses upper and lower control limits of 520 and 480 hours, what is his risk (alpha) of concluding that service life is out of control when it is actually under control (Type I error)?
A. 0.0026
B. 0.3174
C. 0.6826
D. 0.0456
E. 0.9544
5) If he uses upper and lower control limits of 520 and 480 hours, on what sample(s) (if any) does service life appear to be out of control?
A. sample 1
B. sample 2
C. sample 3
D. both samples 2 and 3
E. all samples are in control
Answer:
1) 515 hours ( D )
2) 495 hours ( D )
3) 10 hours ( B )
4) 0.0456 ( D )
5) sample 3 ( C )
Explanation:
Standard deviation = 20 hours
Mean = 500 hours
1) Determine the sample mean service life for sample 2
Sample mean sample service life of sample 2 = Average of service life of sample 2
= ( 525 + 515 + 505 + 515 ) / 4
= 2060 / 4 = 515
2) Calculate the mean of sampling distribution of sample means
∑ mean service life samples / 3 ----- ( 1 )
sample 1 = (495 + 500 + 505 + 500 ) / 4 = 500
sample 2 = ( 525 + 515 + 505 + 515 ) / 4 = 515
sample 3 = (470 + 480 + 460 + 470) = 470
back to equation 1
= ( 500 + 515 + 470 ) / 3 = 495
3) Determine STD of sampling distribution of sample means
Std = 20
n = 4
∴ std of sampling distribution = 20 / √4 = 10 hours
4) calculating the risk alpha
upper control ( UCL ) = 520 , lower control ( LCL ) = 480
mean = 500
Z value for upper control = ( 520 - 500) / 10 = 2
Z value for lower control = ( 480 - 500 ) / 10 = -2
confidence level of -2 and 2 ( using z-table ) = 0.9544
∴ risk alpha = 1 - 0.9544 = 0.0456
5) Service life appears to be out of control in ; sample 3
UCL = 520 , LCL = 480
Because mean value of sample 3 = 470 lies outside the lower control limit
When all other factors remain the same, the law of demand tells us that: An increase in your income causes you to buy more hamburgers An increase in the price of peanut butter causes the quantity demanded of jelly to fall. An increased quantity demanded of bread causes the price of bread to fall. A decrease in the price of gas causes the quantity of gas to increas
Answer:
An increase in your income causes you to buy more hamburgers.
Explanation:
An increase in your income causes you to buy more hamburgers.
Option "A" is correct because the increase in income exhibits an increase in purchasing power. Moreover, there is a positive relationship between the income the demand for normal goods which means if the income rises, then the demand rises. If the income falls, then demand for goods also falls. Therefore, option "a" is right.
Registered Representatives would be liable for damages in the use of material, non-public information in all of the following situations except: (A) The representative decides not to share the information and does not trade based on the information (B) The representative decides not to share the information with others but does make trades in his personal only (C) The representative trades using the information after notifying officers of the firm (D) The representative decides not to trade using the information but shares the information with others who do use the information for trading purposes.
Answer: (A) The representative decides not to share the information and does not trade based on the information.
Explanation:
The use of material, non-public information in securities trade is called insider trading and creates an unfair advantage and so is illegal under any circumstances and considered a violation of the Insider and Trading Fraud Enforcement Act of 1988.
A Registered Representative would therefore only be liable for no damages if they never trade on material, non-public information because if they are found to, regardless of the reason, they will incur damages.
negative impact of the coronavirus as one of the socio-economic issue on businesses
Answer:
Explanation:
Tye negative impact of the coronavirus is that:
1. Unemployment: A negative effect of the virus is the increase in unemployment. Since, people were informed to stay at home, this hindered people from performing their normal activities. Since there was less money in circulation, this led to loss of jobs.
2. Pressure on Health and medical systems: Due to the spread of the virus, there were pressures on hospitals, clinics etc.
3. Negative effect on economic growth. There was a decrease in the demand of goods and services which in turn, had a negative effect on economic growth.
4. Deaths
When compared to a multiple products, multiple market segments strategy, a one product, multiple market segment strategy Group of answer choices is a much more effective means of meeting consumers' individual needs. creates greater savings in production costs. is a more effective way of meeting organizational objectives. is more profitable since a firm can charge the new segments higher prices without changing the product. has significantly higher distribution costs.
Answer:
is more profitable since a firm can charge the new segments higher prices without changing the product.
Explanation:
When a single price has multiple segments and when product, it is an example of price discrimination
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
Price discrimination benefits firms because firms can earn more profit since they charge different prices for the same single product compared with multiple products
The art of getting things done through the efforts of other people." Put yourself in the shoes of a manager and explain what this definition means in the context of a company operation. You can use the example of any company (large or small) and any good or service.
Answer: A manage manages situation to come out well with people
Explanation:
As a manager the only thing that rings in your mind is how to get things done, how to bring people together, in their best way to meet the goals of the organization. Managers would have to understand that they can't do without people. When a manager starts doing jobs without people while they're there then there is no need having them around and he isn't fit to be called a manager. A manage manages situation to come out well with people.
Maya got a job transfer from Italy to New York. After working for some time in New York, she started to understand the mental models held by her colleagues from other cultures, as well as their emotional experiences in a given situation. Furthermore, she started to effectively use words and behaviors that were compatible with the local culture of New York. Which of the following features of a global mindset occurred in Maya's life?
A. The capacity to judge the competence of others by their national or ethnic origins.
B. The ability to develop more of a parochial than a global frame of reference about their business.
C. The capacity to empathize and act effectively across cultures.
D. The ability to process complex information about familiar environments.
Answer:
C. The capacity to empathize and act effectively across cultures.
Explanation:
Since in the question it is mentioned that the use the words and behavior that are compatible with the new york local culture so here the global mindset that arise in her life represent the attribute with related to the capacity for empathizing and it act effectively over and across the culture
so as per the given situation, the option c is correct
The drawee is the
Question 4 options:
person who writes the check.
person who reconciles the account.
bank with which the drawer has an account.
person to whom the check is payable.
Answer:
C
Explanation:
The drawee is the bank with which the drawer has an account.
The 4 basic elements of Strategic Management are: A. Environmental scanning, strategy formulation, strategy implementation, evaluation and control B. Organizational scanning, strategy planning, strategy implementation, evaluation of sales C. Environmental scanning, strategy scanning, strategy planning, strategy evaluation D. Organizational planning, strategy formulation, policy implementation, policy evaluation and control E. Environmental scanning, strategy scanning, policy scanning, sales scanning
Answer:
A. Environmental scanning, strategy formulation, strategy implementation, evaluation and control.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;
1. Knowing your core competencies.
2. Assessment of the organization's internal strengths and weaknesses.
3. Examination of the organization's external environment.
4. Analyze your competitors.
Furthermore, the four (4) basic elements of Strategic Management are: environmental scanning, strategy formulation, strategy implementation, and evaluation and control.
In conclusion, a business strategy or strategic plan sets the overall direction for an organization or business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan, thereby, giving it certain advantages, edge over rivals in the same industry and to meet the needs of various customers by analyzing their strengths, weaknesses, opportunities and threats (SWOT).
PLEASE HELP ME
The law of demand states that:
A. demand for a product rises when its supply rises.
B. demand for a product falls when its price falls.
C. demand for a product rises when its price falls.
D. demand for a product rises when its supply falls.
Answer:
C
I hope it helps, sry if it doesn't!
I don't rly know how to explain it tho
Explanation:
what should i say if A customer is looking for a specific brand that the job does not sell?
A woman purchased a new refrigerator from an appliance store. Two weeks later, she sold the refrigerator to her son, who had just moved into a townhome. Soon afterwards, the thermostat in the freezer malfunctioned. The son contacted an independent service technician, who installed a new cooling panel. One month later, the freezer stopped working again, this time causing all the frozen food and ice to melt and damage a hardwood floor. The son contacted the appliance store, which informed the son that the technician had installed a cooling panel designed for an older model refrigerator. The appliance store then proceeded to install the proper cooling panel at no charge, and the appliance worked properly after that. The son brought a products liability action based on strict liability against the appliance store for the damage caused to his hardwood floor. Assume the parties stipulate to the above facts. Both parties have moved for a directed verdict. Should the court grant either of the motions
Answer: The court shouldn't grant either of them motion, due to the fact that the jury must determine whether the damage was due to the technician's installation of the improper cooling panel.
Explanation:
Based on the information given and assuming that both parties have moved for a directed verdict, then the court should not grant either of the motions.
The court shouldn't grant either of them motion, due to the fact that the jury must determine whether the damage was due to the technician's installation of the improper cooling panel.
Which is NOT a characteristic of a successful entrepreneur?
Answer: Procastination, not being innovative
Explanation:
There many characteristics that are not traits of a successful entrepreneur;
- Laziness and procastination; an entrepreneur is one who doesn't give in easily regarding laziness or procastination
- Inability to innovative; what makes an entrepreneur standout is innovation most times, doing things differently from the rest leads to success
Answer:
Ambiguous
Explanation:
You don't need to be ambiguous to be be successful.
Who is the world 2nd world richesten?
A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is a(n) ______; a tax on all oil imported into the United States, which is implemented to raise money for the U.S. government, is a(n)
A. import barrier; income tariff
B. embargo agreement; income tariff
C. quota tariff; revenue tariff
D. revenue tariff; protective tariff
E. protective tariff; revenue tariff
Answer:
E. protective tariff; revenue tariff
Explanation:
In an international trading, the protective tariff is defined as the tariff that is made to protect the domestic production from the from the foreign competition. This is done by raising the price of the goods that are imported to the United States.
A revenue tariff is defined as the tariff that is imposed on imported goods and is imposed mainly to increase the revenue of the government and not to provide protection to the domestics production or domestic industries.
Thus, in the context, the automobiles which are imported to the US is the protective tariff and the palm oil imported to the US to raise the government revenue is called a the revenue tariff.
A business owner paid cash for employee wages. This activity would be reported on the Statement of Cash Flows as a.as a subtraction under the operating activities section. b.an addition under the financing activities section. c.as a subtraction under the investing activities section. d.a subtraction under the financing activities section.
Answer:
bygg gg
Explanation:
Important! 40 Points for those who answer!
Drag the tiles to the boxes to form correct pairs.
Match the given situations to the factors that affect global trade.
Tiles
India’s economy is strong
India’s currency has strengthened compared to China’s
India’s currency is weaker than China’s
India’s weaker currency has allowed more exports
India’s currency has not increased or decreased in value
Pairs
India stops purchasing goods from China because goods are too expensive
China increases sales in India because demand has increased
India cannot sell goods to China because they are more expensive this year
Norah’s Chinese shoe factory had to close because cheaper shoes are now being imported from India.
The price of India’s imported goods have remained consistent last year
The Z−90 project being considered by Steppingstone Incorporated (SI) has an up-front cost of $250,000. The project's subsequent cash flows are critically dependent on whether another of its products, Z−45, becomes an industry standard. There is a 50% chance that the Z−45 will become the industry standard, in which case the Z−90's expected cash flows will be $110,000 at the end of each of the next 5 years. There is a 50% chance that the Z−45 will not become the industry standard, in which case the Z−90's expected cash flows will be $25,000 at the end of each of the next 5 years. Assume that the cost of capital is 12%. Refer to data for Steppingstone Incorporated. Based on the above information, what is the Z−90's expected net present value? Group of answer choices−$6,678 −$3,251 $15,303 $20,004 $45,965
Answer:
The right solution is Option a (-$6,678).
Explanation:
Given that:
Up-front cost,
= $250,000
Expected cash flows,
= $110,000
Assuming cost of capital,
= 12%
Now,
The expected net present value will be:
= [tex]250000+0.5\times (110000+25000)\times \frac{1}{12 \ percent}\times (1-\frac{1}{1.12^5} )[/tex]
= [tex]250000+0.5\times (135000)\times \frac{1}{12 \ percent}\times (1-\frac{1}{1.12^5} )[/tex]
= [tex]-6,678[/tex] ($)
what is the impact of Corona virus as one of the socio economic issues on businesses
Answer:
The CO.VID-19 pandemic produced a wide variety of types of effects worldwide, especially from spring 2020. Many people got sick and died from CO.VID-19. The fear that they themselves or people for whom they feel responsible would share this fate seized the population, scientists and politicians worldwide. There was a need for action from the development of the number of newly infected and deceased, from the economic crisis 2020/21, from a problematic development of social structures, from psychological stress on the Individuals and from further effects. In addition to concerns about people's lives and health and the resilience of the economy, there was also concern that the population could be deprived of basic rights for longer than justified by the pandemic.
unscramble the message:
1 4M n07 s4D B|_|7 1 4M n07 h499y 317H3r. 1 4M D399R3$$3|)
Answer:
"I am not sad (b-word) I am not happy either. I am depressed"
Explanation:
Hope this helps?
Briefly describe the involvement of a sport management and marketing agency in client marketing and product endorsement.
Answer:
The involvement of a marketing agency in the client's sports management and product endorsement is due to the need for an external agency to develop events and marketing campaigns that appeal to the potential audience, so that there is the possibility of marketing sports products with strategic effectiveness and profitability.
Client-server architectures:
a. cannot connect computers that use different hardware
b. are one of the least used network architectures today
c. can use middleware to provide a standard way of communicating between software from more than one vendor
d. assign the responsibility for the presentation logic to the server
e. were the earliest type of network architectures
Answer:
c. can use middleware to provide a standard way of communicating between software from more than one vendor
Explanation:
Client-server architecture refers to the architecture where there are various clients that request and received the services from the server i.e. centralized. It also provides an interface to permit the computer user in order to request the service with regard to the server and according to that the results are displayed
So as per the given situation, the correct option is c. as it also applied as the middleware so to provide the way of communication that lies between the software from having minimum of one vendor
Two examples of the learning and innovation measures of a balanced scorecard are A. Employee turnover rate and number of internal process improvements. B. Employee training hours and product defect rates. C. Employee promotion rate and number of environmental incidents. D. Number of employee suggestions and finished products per day per employe
Answer:
A. Employee turnover rate and number of internal process improvements.
Explanation:
The balanced scorecard refers to the strategic planning and management system. The motive of use this is to align the day to day work so that everyone could follow the strategy and according to that the task should be completed on time or before time. It also measured and monitonered the progress for the targets sets by the company
So for learning and innovation, the employee turnover rate and the improvement made for no of internal process should be considered
What does the Federal Reserve System do?
O A. It enforces due process rights.
O B. It tries to maximize employment and minimize inflation.
O C. It sets up trade agreements.
O D. It manages intellectual property rights.
Answer:
B
Explanation:
even though p people think they're one of the bad guys
Federal Reserve System tries to maximize employment and minimize inflation. Thus, option B is correct.
What is Federal Reserve System?There is no owner of the Federal Reserve System. The Federal Reserve Act established it in 1913 with the purpose of acting as the country's central bank. The Board of Governors is a federal institution that directly answers to and is answerable to Congress.
The Federal Reserve normally boosts lending rates to slow the economy and reduce price inflation when it is out of control.
The Fed argues that by preserving price stability, this inflationary target fosters a stable economic environment that can support the objective of achieving full employment. Both individuals and companies can make the longer-term financial decisions required for steady economic growth when prices are stable.
Therefore, option B is correct.
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Suppose that a new high school opens next to a popular fast food restaurant. Explain what will happen to the derived demand for chefs at the restaurant.
Answer:
the derived demands would most likely be increased.
Explanation:
When the new high school opened next to the fast food resturant i.e. popular so here it increased the consumers for that restaurant also the majority of the consumers would be the students only as it near by the school. Also the price should be cheap so that it can be easily afforded by the students
Therefore the derived demand should be likely to rise
How can business decisions affect local community?
Incorporating small businesses into local government decisions can help ensure the small town culture within the community.
Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.You click on a job and see that you have a “Connection” at that company. Brainstorm 1-2 steps you might want to take with this connection if you are interested in applying. Explain your reasoning.
Answer:
make a resume and get an application to apply
Explanation:
If any person are the applying, the job as the scene to the connection of the company as the add-on the reference as the on the resume.
What is job?
The term "job" refers to employment with a certain company. A job is also known as the amount of money that a corporation pays its employees. The employment has provided the opportunity to pursue a career. A job provides financial assistance as well as experience. There are four types of people: producers, builders, thinkers, and improvers.
A person is the need of the job. To search the job are the seen the connection of the company are with the help of the resume to take to apply as the lastly add-on the reference. The reference was the important in the resume to apply for the job are the easily to grab the opportunities.
As a result, a person is to apply for the job.
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