Change programs are a group of initiatives designed to assist a business in changing its procedures, working styles, etc.
Refreezing stage: Lewin's change model's refreezing phase occurs when an organization resumes "business as usual" after implementing changes (the new status quo). This indicates that everyone is committed to upholding the changes and has bought into them.
The method of conducting business in a way that improves customer satisfaction not just at the beginning but throughout the entire customer lifecycle is known as a customer-centric business model.
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under gasb 39, colleges and universities are required to bring their affiliated medical organizations into their financial reports. true false
The given Statement is True. Under gasb 39, colleges and universities are required to bring their affiliated medical organizations into their financial reports.
An organization or business enterprise, is an entity—including a employer, an group, or an affiliation—comprising one or greater human beings and having a selected reason. The phrase is derived from the Greek phrase organon, which means tool or instrument, musical device, and organ.
An organization is a group of folks that paintings together, like a community affiliation, a charity, a union, or a employer. you may use the word agency to refer to group or enterprise, or to the act of forming or establishing some thing.
Company allows in gold standard utilisation of financial and human sources. It now not most effective aids inside the proper undertaking of jobs to appropriate personnel but additionally keeps tune that there is no waste of resources and efforts due to duplication of labor.
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Accountants and auditors age receivables to primarily do which task?
To determine the most profitable customers
To help estimate the total amount of gross receivables
To determine the most profitable products
To help estimate the allowance for doubtful accounts
To help estimate the allowance for doubtful accounts is primary task of accountants and auditors.
The allowance for doubtful accounts is an offsetting account that is applied to total accounts receivable on the balance sheet and reflects only amounts expected to be paid. The allowance for doubtful accounts estimates the percentage of accounts receivable expected to be uncollectible. However, a customer's actual payment behavior may differ significantly from the estimate.
Notwithstanding our policies and procedures regarding collections, there is always the risk of non-payment when transacting with credit. Businesses should therefore manage this risk by establishing bad debt reserves and collecting bad debts. In accordance with the principles of accounting reconciliation, this ensures that expenses related to sales are recognized in the same accounting period in which the revenue is earned. Loan loss reserves also help companies better assess the true value of their receivables.
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please examine the data describing unit labor requirements and opportunity costs for two nations. these nations are only able to produce one of two items - pencils and erasers. given this information, which of the following is most accurate? unit labor requirements hours of labor required to produce one unit country a country b pencils 10 20 erasers 100 40 comparative advantage opportunity cost of producing one unit country a country b pencils 0.1 erasers 0.5 erasers erasers 10 pencils 2 pencils group of answer choices country a can make more erasers in a year than can country b country a has an comparative advantage in eraser production neither country has a comparative advantage in eraser production country b has a comparative advantage in eraser production
Country A has comparative advantage in producing erasers and Country B has comparative advantage in producing pencils.
What is the meaning of comparative advantage?Comparative advantage implies that countries will trade with one another, exporting commodities in which they have a comparative advantage. A performer's ability to produce a good or service at a lower opportunity cost than a competition. Absolute advantage refers to a country's undisputed supremacy in producing a certain good better. The ability to create a good or service at a reduced opportunity cost is a benefit of comparative advantage. A comparative advantage allows businesses to sell goods and services at lower prices than competitors, resulting in higher sales margins and more profitability.
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when determining costs of jobs, how does a company account for indirect materials? group of answer choices it is added to work in process as used. it remains part of raw materials inventory. it is transferred out of raw materials into manufacturing overhead when used. it is transferred out of raw materials into work in process as used.
When determining costs of jobs, how does a company account for indirect materials added to work in process as used.
A activity cost sheet is a record detailing all the charges incurred for the crowning glory of a task. these charges may be documented during the task or after the activity is complete. commonly, the inventory department compiles this record to: verify that costs fell inside the allotted price range. fee estimate for destiny jobs.
Job costing presents the bottom for figuring out the price of similar jobs to be undertaken in future as a part of destiny making plans. helps in coping with and controlling costs, by using evaluating the real fees with the predicted value. In short, the calculation of variances.
Fixed prices tend to be costs which are primarily based on time in place of the amount produced or sold by way of your business. Examples of raw materials fees are rent and rent prices, salaries, software payments, coverage, and mortgage payments. a few styles of taxes, like business licenses, are also constant expenses.
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a corporation issued 8%on july 1, shady creek resort borrowed $380,000 cash by signing a 10-year, 9% installment note requiring equal payments each june 30 of $59,212. what is the journal entry to record the first annual payment?
The journal entry to record the first annual payment is:
Notes Payable 25012
Interest expenses 34200
Cash account 59212
(for the first installment paid)
Journal access is a file of a business transaction in your commercial enterprise books. In double-access bookkeeping, you are making at least two magazine entries for each transaction. because a transaction can create lots of adjustments in an enterprise, a bookkeeper tracks all of them with magazine entries.
An instance of journal access consists of the purchase of equipment with our aid of us where the equipment account can be debited, and the coins account will be credited.
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hich of the following is true of venture capital?
On average, venture capital investors seek a return on their investment in about five years.
Venture capital is comparable to a bank loan, which must be repaid over time.
One way venture capitalists evaluate potential investments is by analyzing a company's share price.
Venture capitalists reserve the right to sell their portion of company shares before an IPO.
On average, venture capital investors seek a return on their investment in about five years.
A form of private equity financing known as venture capital (VC) is given by venture capital funds or organizations to startups, early-stage, and developing businesses that have been identified as having a high growth potential or that have already shown a high growth rate (in terms of number of employees, annual revenue, scale of operations, etc). These early-stage businesses are funded by venture capital firms or funds in exchange for equity, or ownership stakes. In the hopes that some of the businesses they support will succeed, venture capitalists take on the risk of financing hazardous start-ups. VC investments frequently fail because startups confront significant levels of uncertainty.
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Which of the following statements is not true?
(a) GDP of India is calculated by the state government of the largest Indian state.
(b) Calculating GDP is a massive task.
(c) GDP shows the level of development of an economy.
(d) GDP is the value of all final goods and services that are produced in a country
during one financial year.
The correct statement from the given options is (D) "the cost of all finished goods and services produced in a country during a fiscal year is captured by the GDP."
What do we mean by GDP?The most widely used indicator of an economy's size is its gross domestic product (GDP).
GDP can be calculated for a nation, a region (such as Tuscany in Italy or Burgundy in France), or for a group of nations (such as the European Union) as a whole (EU).
GDP measures the total cost of all finished products and services produced in a nation within a fiscal year.
The total cash worth of all products and services exchanged throughout an economy is known as the gross domestic product.
GDP growth implies economic strength, whereas GDP declines show economic fragility.
Therefore, the correct statement from the given options is (D) "the cost of all finished goods and services produced in a country during a fiscal year is captured by the GDP."
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Please select the word from the list that best fits the definition the situation that occurs when a person does not have a job but is actively seeking employment.
Unemployment is a situation that occurs when a person does not have a job but is actively seeking employment.
What is meant by unemployment?A person who is unemployed is one who is capable of working, and actively seeks a job, but is unable to do so. It's vital to remember that a person must be actively participating in the labor field and looking for paying employees in order to be deemed to be unemployed. Financial difficulty brought on by unemployment affects workers' families, relationships, and communities.
When it occurs, consumer spending, which is one of the main forces behind economic growth, declines, which, if allowed unchecked, can result in a recession or even a depression. Government spending on welfare would rise concurrently with growth in unemployment because both debt and poverty can emerge from unemployment, and these people must be taken care of.
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Answer:
Unemployment Rate
Explanation:
10.Carrying insufficient quantities of inventory on A) would not affect the company's profitability B) may result in lost sales. C) has little effect on customer satisfaction. D) will increase the costs of carrying inventory. 11 Inventory shipped FOB shipping point and in transit on the last day of the year should be included in: A) the inventory balance of the seller. B) the inventory balance of the buyer. C) neither the inventory balance of the buyer or the seller. D) both the inventory balance of the buyer and the seller. 12 Acme Company's balance sheet shows three inventory accounts-raw materials, work in 13 process, and finished goods. Acme Company must be a: A) manufacturer. B) merchandiser. C) service business. D) wholesale distributor. Goods placed in inventory are initially recorded at: 14 A) market value. B) the amount paid to acquire the asset. C) the amount paid to prepare the asset for sale to customers. D) the amount paid to acquire the asset and prepare it for sale. 15.When a company sells goods, it removes their cost from the balance sheet and reports the cost on the income statement as A) Selling Expenses. B) Cost of Goods Sold C) Finished Goods Inventory. D) Inventory
Option B is correct. Carrying insufficient quantities of inventory on may result in lost sales.
Inventory or stock alludes to the items and substances that a business holds for the excess motivation behind resale, fabricating, or utilization. Inventory the board is a region generally roughly indicating the structure and site of supplied merchandise. It is required at restrictive spots inside an office or inside many spots of a conveyance local area to go before the normal and conscious bearing of assembling and stock of substances.
Stock, stock or canvases in framework (or works of art underway) has been drawn out from creation designs to supplier organizations and activities, through summing up the definition to be "all compositions inside the means of assembling - all canvases this is or has occurred past to the last bit of assembling". With regards to an item fabricating framework, stock alludes to all compositions that has occurred - uncooked substances, part of the way finished stock, finished stock past to deal, and takeoff from the delivering framework. With regards to administrations, stock alludes to all artworks completed past to deal, for example, incompletely framework data
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Select one disadvantage of IRR as a capital budget method.
It is not useful for comparing projects with different lifespans.
It fails to account for the time value of money.
It can only be used with projects that have positive cash flows.
It can be difficult to interpret and understand.
Which of the following is an example of an operational risk for a company that manufactures automobiles?
A state tax increase that makes buying and registering a car more expensive
Rising interest rates that affect the terms of car loans, thereby decreasing demand
Damage to completed cars held on a storage lot
A national car rental agency backing out of a contract to buy a certain volume of new cars
Jerome needs funding to help start a business selling school supplies. He uses a website that connects him directly with a lender who charges a below-market interest rate.
What type of financing resource is Jerome using?
Trade credit
Peer-to-peer lending
Commercial lending
Factoring
Multiple choice questions refer to selecting the best alternative out of the options for the given questions:
Select one disadvantage of IRR as a capital budget method.
It can be difficult to interpret and understand.
The internal rate of return (IRR) can be a complex concept to understand, especially when used in the context of capital budgeting. The IRR is a financial metric that represents the rate of return that an investment is expected to generate. It is used to evaluate the feasibility of a potential investment by comparing the IRR to a required rate of return or cost of capital.
Which of the following is an example of operational risk for a company that manufactures automobiles?
Damage to completed cars held on a storage lot
Operational risk refers to the dangers and ambiguities that businesses encounter on a daily basis. It could be brought on by a malfunctioning system or defective components. An operational risk for an auto manufacturer would be damage to finished vehicles stored on a lot.
What type of financing resource is Jerome using?
Peer to Peer lending
Peer-to-peer lending is a type of lending that allows individuals to borrow and lend money without using a traditional financial institution, such as a bank, as an intermediary
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the intramural sports club reports sales revenue of $740,000. inventory at both the beginning and end of the year totals $200,000. the inventory turnover ratio for the year is 3.0. what amount of gross profit does the company report in its income statement?
The gross profit that the company will report in its income statement will be $440,000.
Gross profit = revenue - costs of goods sold
For the Intramural Sports Club, revenue = $740,000.
Finding the cost of goods sold COGS
Inventory turnover = COGS/ average inventory
inventory turnover= 3.0
Average inventory = beginning plus closing inventory /2
in this case, average inventory =$200,000/2
=$100,000
Therefor, 3.0 = COGS/ $100,000
COGS = $100,000 x 3.0
COGS =$300,000
Gross profits= $740,000- $300,000
Gross profit =$440,000
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If commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas, the Cardholder must:
1.Cancel the purchase and find a merchant that does offer commercial, door to door shopping
2.Coordinate with their transportation service support office before initiating the transaction
3.None of these responses is correct
4.Ensure approximate shipping information has been provided
If commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas, the Cardholder must 2. coordinate with a transportation service support office before initiating the transaction
In the field of business, the Governmentwide Commercial Purchase Card (GPC) is a card that is issued to a business owner to spend revenue from this account to buy any kinds of goods and services that he wants.
For some Governmentwide Commercial Purchase Card's (GPC), the service of delivering products to the doorstep is available. However, if someone used a Governmentwide Commercial Purchase Card that does not have door-to-door shipping, then in such a case, the cardholders need to ask a reliable transportation service to deliver the product for them. Only after the transportation service is sorted, the cardholder should make the purchase. If there is no reliable transportation service, then the transaction should not be made. Hence, option 2 is correct.
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production of 1,000 units of a pipe-cutting tool required 400 labor hours and 10 setups, consumed 30% of the product sustaining activities, and resulted in an overhead allocation of $15,400. what amount of batch-level overhead cost was expected during the period?
The amount of overhead cost was expected during the period is $270,200.
1,000 units * 10 setups = 10,000 setup labor hours
10,000 labor hours / 400 labor hours per unit = 25 units per setup
25 units per setup * $15,400 overhead allocation = $386,000
$386,000 * 30% = $115,800 product sustaining overhead
$386,000 - $115,800 = $270,200 batch-level overhead
Overhead expenditures include things like rent,business permits, accounting fees, advertising costs, and payroll. While direct costs are directly related to the product or service you provide, such those for raw ingredients or packaging supplies, these prices are often stable.
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organization development a. has yet to emerge as a distinct field of study. b. is the process of planned change using scientific knowledge. c. focuses on technological change. d. is designed to combat unwanted change. e. works best as a spontaneous process
Organization development is the process of planned change using scientific knowledge.
What exactly is organizational development research?The goal of organization development (OD), which aims to improve an organization's performance and/or culture, is to study and put into practice practices, systems, and techniques that influence organizational transformation. Usually, the group's stakeholders are the ones who start the organizational adjustments.
By organization development, what do you mean?A goal-based strategy for system change within an organization is called organization development. Through organizational development, organizations can create and maintain a new desirable state for the whole organization.
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assume the following information for a company that produced and sold 10,000 units during year 1. it also produced 15,000 units and sold 12,000 units during year 2, while producing 12,000 units and selling 15,000 units in year 3. per unit per year selling price $ 240 direct materials $ 90 direct labor $ 59 variable manufacturing overhead $ 10 sales commission $ 11 fixed manufacturing overhead $ 450,000 fixed selling and administrative expense $ 150,000 using absorption costing, what is the cost of goods sold for year 3?
Assume the following or a information company that produced and sold 10,000 units during year 1 .The cost of goods sold for year 3 is 26,40,000
Calculating the problem:Year 2Particulars Amount ($)
Direct Materials 75
Direct Labour 55
Variable Manufacturing overhead 10
Fixed Overhead (450000/15000) 30
Total Cost Per Unit 170
Units 3000
Closing Stock Value 51000
Year 3:Particulars Amount ($)
Direct Materials 75
Direct Labour 55
Variable Manufacturing overhead 10
Fixed Overhead (450000/12000) 37.5
Total Cost Per Unit 177.5
No. of units Produced 12000
Total Cost of Units produced 2130000
Add : Opening Stock Value 510000
Less: Closing Stock Value 0
Cost of Goods Sold 2640000
What are expenses?
Overhead costs, often referred to as overhead costs or operating costs, refer to costs associated with running a business that cannot be related to the creation or manufacture of products or services. They are the costs a company incurs to stay in business regardless of its level of success.
Why overheads matter?Overhead allocation is important because it directly impacts a small business's balance sheet and income statement. These costs will incur no matter what and your accounting system needs to track them. Many accounting systems require you to assign costs to the goods you produce.
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The type of unemployment most likely to result in hardship for the people who are unemployed is:
A) cyclical because people have to wait for a recession to end.
B) structural because this type of unemployment requires retraining to acquire new job skills.
C) cyclical and frictional because these two types are closely related.
D) frictional because people need to find a new job in the lab market.
The structural unemployment will most likely result in hardship for the people who are under unemployment. Therefore, the option B holds true.
Structural unemployment can be referred to or considered as the type of unemployment wherein the people are facing the heat of being unemployed due to the lack of skills required for pursuing a desired job. This phase of unemployment focuses on training and teaching the new skills to the employees, and as a result of the same, the structural unemployment happens.
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the internal rate of return is a measure of: multiple choice the rate actually earned by the project, considering the time value of money. the rate actually earned by the project, based on accounting income. the rate used to discount the future cash flows to reflect the time value of money. the firm's cost of capital.
When taking into account the time worth of money, the internal rate of return is a measurement of the rate that the project actually earned. (Option A)
What does accounting's internal rate of return mean?In financial analysis, the internal rate of return (IRR) is a statistic used to calculate the profitability of possible investments. IRR is a discount rate that, in a discounted cash flow analysis, reduces all cash flows' net present values (NPV) to zero. The same formula is used for NPV calculations and IRR calculations.
What makes the IRR significant?Finally, IRR is crucial for investors to evaluate the prospective profitability of a certain real estate investment in comparison to others or to a different way to spend their money, like a more conventional stock market investment.
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assuming the 2012 revenue and student enrollment goals are met, what will be the average annual growth rate of tuition for 2009 to 2012?
The average annual growth rate of tuition for 2009 to 2012 would be 20% if the 2012 revenue and student enrollment goals are met.
Assuming the 2012 revenue and student enrollment goals are met, the average annual growth rate of tuition for 2009 to 2012 can be calculated using the following equation:
Average Annual Growth Rate of Tuition = ((2012 Tuition - 2009 Tuition) / 2009 Tuition) / 3. Where 3 is the number of years between 2009 and 2012.
For example, if the 2012 tuition is $20,000 and the 2009 tuition was $15,000, then the average annual growth rate of tuition for 2009 to 2012 would be calculated as follows:
Average Annual Growth Rate of Tuition = ((20,000 - 15,000) / 15,000) / 3 = 0.2 or 20%
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on december 1, 20x4, line corp. received a donation of 2,000 shares of its $5 par value common stock from a stockholder. on that date, the stock's market value was $35 per share. the stock was originally issued for $25 per share. by what amount would this donation cause total stockholders' equity to decrease? $70,000 $50,000 $20,000 $0
Amount would this donation cause total stockholders' equity to decrease is $0
Option D is correct.
Donated shares are treated like treasury shares. Treasury stock and earnings or earnings accounts increase the value of the stock market. An increase in treasury stock will reduce shareholders' equity, but conversely, profits and earnings will increase shareholders' equity.
What is market value?
The market value reflects a company's worth in terms of the stock market. It is the price an asset would get in the marketplace. When referring to businesses, market value and market capitalization are equivalent. It is a sum of money calculated using the share price of the company as of the current trading day.
What are the price and market value?There are two types of price viz. cost price and the market price. The cost price is the price at which you procure the stock while the market price is what the stock is currently quoting at in the current market. Typically, estimates of value are used to calculate the difference between cost price and market price.
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develop estimated regression equations, first using annual income as the independent variable and then using household size as the independent variable. which variable is the better predictor of annual credit card charges? discuss your findings.
The annual fee will appear as a yearly lump sum payment on your annual credit card account. The first time you are charged is usually the month you sign up for the card, and then you are charged once per 12 months after that.
Are there yearly fees for credit cards?An annual charge is associated with some credit cards. This yearly fee is typically charged by credit cards with lucrative reward programs to cover maintenance and administrative costs.
Why is my credit card being assessed an annual fee?In order to cover the cost of providing cardholders with a wealth of features and benefits, card issuers impose annual fees. They wouldn't be able to provide TSA PreCheck, Global Entry, or annual $300 travel credits.
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if bond investors decide that 30-year bonds are no longer as desirable an investment as they were previously, predict what will happen to the yield curve, assuming (a) the expectations theory of the term structure holds and (b) the segmented markets theory of the term structure holds\
If bond investors decide that 30-year bonds are no longer as desirable an investment as they were previously. The expectations theory of the term structure holds that long term interest rates are the product of investing and reinvesting in short term instruments again and again.
The bond investors are those investors who buys shares in a corporation or business through the bonds.
The bond investors decide that 30-year bonds are no longer as desirable an investment as they were previously. To argue that for 30 years is to suggest that people have a view on the path of interest rates over the next 30 years.
The segmented markets theory of the term structure states as it holds the different types of clients buy bonds for different reasons.
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the montaneros file a joint return in 2022 and reported $1,435,700 ordinary taxable income for regular tax purposes and had $158,200 positive amt adjustments and preferences. compute their tentative minimum tax.
Their tentative minimum tax is : AMT Amount = A * (B – C) – D
A = 15%
B = The individual's adjustable tax income.
C = $40,000, the AMT exemption amount.
D = Allowable non-refundable tax credits.
TMT = 15% × (14,35,700 - 40,000) - 158,200
TMT = 51,155
What is a provisional tax?The least tax that a person may deduct from an estate tax is known as the tentative tax. After all exemptions and deductions to reduce tax liability have been used, the estimated tax is calculated. Placing an estate's total worth in the appropriate estate tax category yields a rough estimate of the tax.
What distinguishes the AMT from the tentative minimum tax (TMT)?The difference between the two sums is utilized to generate a tax using a rate schedule after the two sums have been computed. The discrepancy produces the so-called preliminary minimum tax (TMT).
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Malcolm said that he has no choice but to go ahead with the website changes. This suggests his power is lessened due to a low level of
Multiple Choice
A. discretion.
B. substitutability.
C. visibility.
D. centrality.
E. reference.
In a case whereby Malcolm said that he has no choice but to go ahead with the website changes this suggests his power is lessened due to a low level of C. visibility.
What is low visibility?Low visibility can be described as the term that is been used in explaining the company's low confidence in its future performance qwhich can be seen during periods of economic downturn, and this can affects all sectors however Low visibility do take place less company and its management for obvious reasons.
It should be noted that Low visibility implies that company does not have growth in its business and this is as a result of how it demonstrate confidence in its future projections however Low visibility could tesult as a result of internal or external factors affecting the company, hence from the case abovehis power is lessened due to a low level of visibility.
Therefore, option C is correct.
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two different types of plans are used to manage the system development process. a plan that contains developmental and operational requirements and a schedule of the activities required to develop and operate a new application is called a(n): a. master plan. b. application activities plan. c. strategic plan. d. project development plan.
Two different types of plans are used to manage the system development process. a plan that contains developmental and operational requirements and a schedule of the activities required to develop and operate a new application is called a project development plan.
The final project plan is created using the project development plan. It entails incorporating each and every plan produced during various processes or phases into the project's final product.
The Work Breakdown Structure (WBS) should be used by the project team while creating the project plan. A work breakdown structure is a way to divide a project up into smaller parts. Below is an example of a WBS:
The purpose of the project plan is to direct project execution, manage the project, specify timelines, content, and costs, and coordinate stakeholder communication.
Project components, planning results, any other information pertinent to the project, and organizational policies make up the project plan development inputs.
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good x generates external benefits, while good y generates external costs. compared to their efficient levels of output, would unregulated markets produce too much or too little of goods x and y?
Good x generates external benefits, while good y generates external costs. Compared to their efficient levels of output. Good X will produce too little and good Y will produce too much.
What is a market?
In the field of economics, a market is a collection of mechanisms that allow for the exchange of goods and services between parties. The majority of markets rely on sellers providing their goods or services to purchasers in exchange for money, however parties may exchange goods and services by barter.
A market is a gathering place for consumers and sellers where they can exchange goods and services. Markets might be real-world, like a physical store, or digital, like an online merchant. The black market, the auction market, and the financial market are more examples.
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what factor(s) fueled the civil conflicts in the late 1990s in liberia and sierra leone? a. ebola outbreak b. diamond sales for arms c. first elected woman head of state d. ebola outbreak and diamond sales for arms e. all of the above
a. Ebola outbreak fueled the civil conflicts in the late 1990s in liberia and sierra leone.
A civil struggle or intrastate warfare is a struggle among prepared organizations within the identical state. The goal of one aspect may be to take manipulate of the united states or a place, to gain independence for a place, or to alternate government policies.
Political causes of civil conflict. Political deprivation, such as colonial subordination or loss of political rights, presents some other potential motivation for resorting to violence. Many conflicts after 1945 first emerged as groups sought to reap independence for areas beneath colonial rule. well-known examples encompass the civil wars in Vietnam (1960-1975), India (1989-ongoing), the Philippines (1972-1992), El Salvador (1980-1992), Peru (1980-1996), Colombia (1978-2016), or Ethiopia (1978-1991).
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The two general types of economic systems that exist today are:
According to the question, capitalism and socialism are the two major economic processes in modern societies.
What is the economic example?
Economics is the social science field that studies scarcity of resources. It investigates the factors that influence the production, allocation, and consumption of products and services in a given economy. It investigates how individuals, business owners, and government agencies allocate scarce resources. Traditional economies, laissez faire economics, planned economy, and market economies are the four major types of economic systems.
What is the significance of economics?
Economic study helps people understand their surroundings. It enables people to better understand people, businesses, markets, and governments, and thus respond to the dangers and opportunities that arise when things change.
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Which of the following is a tip for writing more effectively for business purposes?
Select one:
A. start by stating your purpose and what you expect of the reader
B. use the passive voice (rather than the active voice)
C. begin an e-mail with an informal greeting like "Hey"
D. construct interesting, complex sentences
E. avoid using a subject line when sending an e-mail
A. start by stating your purpose and what you expect of the reader for writing more effectively for business purposes
A business purpose explains the motivation for the founding of a company. It outlines both the goals of the company and what makes it special. A company purpose is substantially shorter than both a mission statement and a value statement.
A corporation may really advance if its objective is well-defined and expressed. Purpose encourages innovation, improves brand trust and loyalty, helps determine long-term business strategy, and ultimately helps a firm endure the test of time. It also creates a larger competitive edge and differentiation in the marketplace.
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how do large companies organize their engineers? it is organized by functional teams. it is organized by seniority. it varies from company to company. it is organized by product teams.
It is organized by functional teams. it is organized by seniority. it varies from company to company. it is organized by product teams.
Seniority is the kingdom of being older or positioned in a better position of reputation relative to another person, institution, or company.[1] for instance, one worker may be senior to any other either by role or rank (including a CEO vice a supervisor), or by having extra years served in the corporation (which includes one peer being accorded greater fame over every other because of amount of time in). The term "seniority" can observe to both idea or both simultaneously.
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a cost that changes in direct relationship to changes in an operation's sales volume is a a. variable expense. b. non-controllable expense. c. fixed expense. d. controllable expense.
The Correct option is A. A cost that changes in direct relationship to changes in an operation's sales volume is a variable expense.
Variable charges are fees that exchange as the quantity of the good or service that a business produces adjustments. Variable fees are the sum of marginal prices over all devices produced. They can also be taken into consideration normal costs. fixed expenses and variable fees make up the two components of the total cost.
Direct fees are prices that could easily be related to a specific value item. however, now not all variable costs are direct fees. as an instance, variable production overhead costs are variable prices that might be oblique expenses, now not direct fees. Variable fees are every now and then referred to as unit-stage fees as they range with the variety of devices produced.
Direct exertions and overhead are regularly referred to as conversion value, at the same time as direct cloth and direct hard work are often known as a top fee.
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