A conceptual model that helps strategists choose between seeking internal development, entering into an alliance, or acquiring new resources, capabilities, and competencies is called the "Make, Ally, or Buy" framework.
The Make, Ally, or Buy framework is a strategic decision-making tool that can be used by businesses to evaluate their options when it comes to expanding their capabilities or resources. The framework suggests that a business can either "make" the resources or capabilities it needs internally by investing in R&D or developing its own talent, "ally" with other organizations through partnerships or alliances, or "buy" the resources or capabilities it needs by acquiring another company.
The decision of whether to make, ally, or buy depends on a variety of factors, including the cost and time required for each option, the availability of resources and capabilities in the market, and the strategic goals of the business. By using the Make, Ally, or Buy framework, strategists can weigh the pros and cons of each option and choose the one that best aligns with their overall strategy.
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in the long run, perfectly competitive firms earn economic profits. normal profits. economic losses. supernormal profits.
In the long run, perfectly competitive firms earn normal profits, not economic profits or economic losses.
In the long run, perfectly competitive firms earn normal profits. Normal profits are the minimum level of profit required for a firm to stay in business in the long run.
Normal profits are equal to the opportunity cost of the resources used in production, including the cost of the entrepreneur's time and the cost of capital.
In a perfectly competitive market, there are no barriers to entry or exit, and firms can freely enter or exit the market in the long run.
If firms are earning economic profits in the short run, this will attract new firms to enter the market, increasing supply and driving down prices.
As prices fall, firms will earn lower profits until they earn only normal profits in the long run.
On the other hand, if firms are earning economic losses in the short run, some firms will exit the market, reducing supply and driving up prices.
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Go to cell L9 and insert an IF function with a nested AND function to display Due for raise to all managers who earn a salary of less than $80,000 and N/A for anyone who does not fit the criteria.
Use the fill handle to copy the function down, populating the rest of the Raise Status column. Select Fill Without Formatting to preserve the existing formatting.
The formula to be used in cell L9 would be:
=IF(AND(B9="Manager",G9<80000),"Due","N/A")
This formula uses the IF function to check if the employee in row 9 is a manager and earns a salary of less than $80,000. If both conditions are true, the formula displays "Due" in the cell. Otherwise, it displays "N/A". The AND function is used to nest the two conditions together.To copy the formula down to the rest of the Raise Status column, select cell L9, hover the mouse over the bottom-right corner of the cell until the crosshair appears,anyone who does not fit the criteria Use the fill handle to copy the function down, populating the rest of the Raise Status column. Select Fill Without Formatting to preserve the existing formatting.then click and drag the fill handle down to the last row of the table. Select "Fill Without Formatting" from the options that appear to preserve the existing formatting of the table.
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what must marketers understand about their competition? (choose every correct answer.) multiple select question. their strengths their weaknesses their likely response to marketing activities their human resource policies their political affiliations
Their strengths, Their weaknesses, Their likely response to marketing activities that marketers understand about their competition. Option A, B, C are correct.
For the purpose of increasing revenue, profit, and market share, businesses in the same industry engage in marketing competition. Businesses use the four P's of the marketing mix, also known as the four P's, to increase sales volume because of the marketing war.
Marketing is done with the intention of expanding your company's customer base and, as a result, its revenue. You must combat the marketing efforts of any businesses that offer similar products or services in competitive industries. At the end of the day, you should lay out an upper hand.
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Incomplete question:
What must marketers understand about their competition? (Choose every correct answer.)
A. Their strengths
B. Their weaknesses
C. Their likely response to marketing activities
D. Their human resource policies
E. Their political affiliations
inflation is best defined as a sustained increase in the price of a single good or service. a sustained increase in the price of all goods and services in an economy. a relative price increase. a sustained increase in the average of all prices of goods and services in an economy.
The stylish way to describe Inflation is a steady rise in the average price of all goods and services in an economy. Option D is it.
In an economy, inflation can be considered is a rise in the average price of goods and services. Each unit of currency is worth lower when the overall price position rises; Accordingly, a drop in plutocrat's purchasing power is identified with affectation.
While high affectation can indicate an overheated frugality, moderate affectation is associated with profitable growth. Demand rises indeed briskly and directors continually raise prices if profitable growth accelerates fleetly.
Raised expansion deters saving since it disintegrates the buying force of the investment finances over the long run. That possibility has the implicit to motivate businesses and consumers to invest.
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suppose that initially a bank has excess reserves of $800, and the reserve ratio is 35%. then efua apeatsewa deposits $2,000 of cash into her checking account and the bank lends $400 to ekua ephrim. that bank can lend an additional:
The reserve ratio is the percentage of deposits that banks are required to hold as reserves. The bank can lend an additional $700 to Ekua Ephraim.
In this case, the bank's excess reserves are $800, and the reserve ratio is 35%. Therefore, the bank's total deposits are:
Total deposits = Excess reserves / Reserve ratio
Total deposits = $800 / 0.35
Total deposits = $2,285.71
When Efua Apeatsewa deposits $2,000, the bank's deposits increase to $4,285.71. The bank is required to hold 35% of this amount in reserves, which is:
Reserves = Total deposits x Reserve ratio
Reserves = $4,285.71 x 0.35
Reserves = $1,500
The bank's initial excess reserves were $800, so the bank has an additional $700 ($1,500 - $800) in reserves that it can lend out. Therefore, the bank can lend an additional $700 to Ekua Ephraim.
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sustainable success in business usually: is required by the federal government. assures business profitability. benefits society along with the company. improves the environment.
Sustainable success in business benefits society and the company, but it is not required by the federal government.
Sustainable success in business is achieved when a company is able to balance profitability with social responsibility and environmental stewardship. While it is not required by the federal government, many businesses are recognizing the benefits of operating in a sustainable manner. By minimizing their impact on the environment, companies can reduce costs associated with waste and resource consumption. Additionally, consumers are increasingly seeking out socially responsible companies, which can lead to increased customer loyalty and profitability. Moreover, sustainable business practices benefit society as a whole by reducing pollution and preserving natural resources for future generations. In short, sustainable success is a win-win for businesses, society, and the environment.
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______ do not engage in paid internet advertising as much due to smaller budgets.
Small businesses and startups often do not engage in paid internet advertising as much due to smaller budgets.
A startup is a young company that is just getting started and is often focused on developing innovative products or services in a specific industry or market. Startups are typically founded by entrepreneurs who are passionate about their ideas and are willing to take risks in order to bring their vision to life. Startups often face a number of challenges, including limited resources, competition from established companies, and the need to rapidly adapt to changing market conditions. However, startups also have several advantages, including the ability to be nimble and quickly pivot their strategy if needed, the opportunity to disrupt established industries and markets, and the potential for rapid growth and scalability.
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on june 30, 2024, the esquire company sold merchandise to a customer and accepted a noninterest-bearing note in exchange. the note requires payment of $49,000 on march 31, 2025. the fair value of the merchandise exchanged is $46,060. esquire views the financing component of this contract as significant. required: prepare journal entries to record the sale of merchandise (omit any entry that might be required for the cost of the goods sold), any december 31, 2024 interest accrual, and the march 31, 2025 collection. what is the effective interest rate on the note?
The journal entries for December 31, 2024 are Interest Receivable - $1,469, Interest Income - $1,469 and for March 31, 2025 are Cash - $49,000, Financing Receivable - $2,940, Interest Receivable - $1,469
The effective interest rate on the note is -8.3%.
Journal entries:
June 30, 2024
Accounts Receivable - $49,000
Sales - $46,060
Financing Receivable - $2,940
To record the sale of merchandise on a noninterest-bearing note with a significant financing component.
December 31, 2024
Interest Receivable - $1,469
Interest Income - $1,469
To accrue interest on the note using the effective interest rate.
March 31, 2025
Cash - $49,000
Financing Receivable - $2,940
Interest Receivable - $1,469
Interest Income - $1,469
To record the collection of the note and the final interest payment.
The effective interest rate on the note can be calculated using the following formula:
Effective interest rate = (Total interest expense / Net proceeds received) x (360 / n)
Where:
Total interest expense = Fair value of merchandise - Net proceeds received
Net proceeds received = Face value of the note
n = Number of days between the transaction date and the maturity date
Plugging in the numbers, we get:
Total interest expense = $46,060 - $49,000 = -$2,940 (negative means interest income)
Net proceeds received = $49,000
n = 273 (360 days - 87 days between June 30, 2024, and March 31, 2025)
Effective interest rate = (-$2,940 / $49,000) x (360 / 273) = -0.083 or -8.3%
The negative value means that Esquire is earning interest income rather than paying interest expense on the note. The December 31, 2024, journal entry accrues interest income using this rate. The March 31, 2025, journal entry records the final collection of the note and the interest income earned.
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the taxes you pay for snacks and other items at a gas station are an example of:_____.
The answer to the question is that the taxes you pay for snacks and other items at a gas station are an example of sales tax.
Sales tax is a percentage of the price of goods and services, collected by the retailer and then passed on to the government. It is imposed on various items, including snacks and other products sold at gas stations.
Sales tax is a consumption tax imposed by the government on the sale of goods and services. When you purchase snacks or other items at a gas station, the price you pay includes sales tax, which the retailer collects and later remits to the government. Sales tax rates may vary depending on the jurisdiction and type of product being purchased.
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the sales price of a product is $20.00 per unit; the variable cost is $7.50 per unit; and fixed costs total $10,000. how many units must be sold to break even?
To break even, 800 units must be sold at a sales price of $20 per unit, with $7.50 variable cost and $10,000 fixed costs.
To break even, the total revenue from sales must equal the total cost, which consists of fixed costs plus variable costs per unit sold.
Let X be the number of units to be sold.
Total cost = Fixed cost + Variable cost per unit x Number of units sold
Total cost = $10,000 + $7.50X
Total revenue = Sales price per unit x Number of units sold total revenue = $20X
Setting the total revenue equal to the total cost to break even:
$20X = $10,000 + $7.50X
$12.50X = $10,000
X = $10,000 / $12.50
X = 800
Therefore, 800 units must be sold to break even.
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the balance owed on your credit card doubles from $1000 to $2000 in 6 months. if your balance is growing exponentially, how much longer will it be until it reaches $8000? the balance owed on your credit card doubles from $1000 to $2000 in 6 months. if your balance is growing exponentially, how much longer will it be until it reaches $8000? 6 months
It will be 6 months because the balance doubles every 6 months, and $8000 is twice as much as $4000.
Paying down the entire sum on your credit card is the greatest strategy for managing it well. The interest fees related to keeping a balance can be avoided by having a zero balance. Try paying more than the minimum monthly payment if you can, since this reduces the amount of interest that you will owe to the card issuer and reduces the amount of the debt that has to be paid off.
It's just not that easy sometimes. It's possible that you'll only be able to afford the minimal payment. It will take a long time to pay off the debt if you want to do it. You won't harm your credit score even if you'll pay a higher interest rate.
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when comparing the $3 price for a gallon of milk to a $2.75 price for a gallon of gasoline, money functions as a group of answer choices medium of exchange. store of value. unit of accounting. standard of deferred payment.
When comparing the $3 price for a gallon of milk to a $2.75 price for a gallon of gasoline, money functions primarily as a medium of exchange.
A medium of exchange is a function of money that allows it to be used as a means of payment for goods and services. In this case, both milk and gasoline can be purchased using money, which serves as a medium of exchange.
Money can also serve as a store of value, which means that it can be saved and used for future purchases. However, this function is not particularly relevant when comparing the prices of milk and gasoline, as both are perishable and cannot be stored for long periods of time.
Money can also function as a unit of accounting, which means that it is used to measure the value of goods and services. In this case, both milk and gasoline are priced in dollars, which serves as the unit of accounting.
Finally, money can function as a standard of deferred payment, which means that it can be used to pay off debts or make payments in the future. While this function of money is important in many financial transactions, it is not particularly relevant when comparing the prices of milk and gasoline.
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