True - In a process with rework, we find the bottleneck as the resource with the highest implied utilization.
What is bottleneck as a resource?The time spent on a certain operation is referred to as processing time for the sake of the calculations that follow (e.g. one station in a sandwich restaurant). We also need to review the definitions of flow rate and flow time that were previously provided.
Bottleneck: In a flow diagram, the process step with the lowest capacity is referred to as the bottleneck or the "weakest link." Although the process step with the longest processing time is frequently the bottleneck, it's crucial to always consider decision-making capacities.
Step 1: Calculate each resource's capacity (in m/activity time or units per hour).
Step 2: Determine the service demand for each of these resources while accounting for unit drop-out.
Step 3: To determine implied utilization, divide the entire workload by the available time.
The resource with the highest suggested utilization—again, this does not necessarily mean the resource with the lowest capacity—is the bottleneck.
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gavin has brown hair and green eyes, he is outgoing and a risk taker, and he excels at his job as a financial analyst. all of these traits are part of his:
The characteristics or personality of Gavin include things like his brown hair and green eyes, his outgoing nature, his willingness to take risks, and his success as a financial analyst. Individual traits are distinctive qualities that set one person apart from another.
Examples include physical characteristics, attitudes, beliefs, and values. They can affect a person's behavior, thoughts, and interactions with others, as well as their performance in a variety of spheres of life, including the workplace.
Therefore, Gavin's personality traits are a part of who he is as a person. These traits may affect how he approaches his work as a financial analyst and how he interacts with others in that setting. For instance, his gregarious and reckless nature may make him more at ease.
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let's see what we all remember from accounting 1. what would the net income/loss be for the year using the following information? please explain your calculations used to get your numbers. jan. 1, 2017 total assets $150,000 dec.31, 2017 total assets $175,000 jan. 1, 2017 total liabilities $35,000 dec. 31, 2017 total liabilities $145,000 dividends declared for year $25,000 dividends paid out for the year $37,500 no par common stock sold during year $10,000 hint: use some of the tools you learned in accounting 1 to solve this (t-account and accounting equation).
For the fiscal year, the company suffered a net loss of $60,000.
To calculate the net income/loss for the year, we need to use the accounting equation, which is:
Assets = Liabilities + Equity
Equity represents the owner's interest in the company, and it can be further broken down into two parts: contributed capital (the amount of capital invested by the owners) and retained earnings (the cumulative profits or losses of the company that have not been distributed as dividends).
Start by calculating the equity at the beginning of the year (Jan. 1, 2017) using the accounting equation:
$150,000 (Assets) = $35,000 (Liabilities) + Equity
Equity = $115,000
There was no par common stock sold during the year, so the contributed capital remains the same at $0. Therefore, the retained earnings at the beginning of the year is $115,000.
Next, we can calculate the equity at the end of the year (Dec. 31, 2017) using the same equation:
$175,000 (Assets) = $145,000 (Liabilities) + Equity
Equity = $30,000
To calculate the change in retained earnings for the year, we can use the following formula:
Retained earnings (end of year) = Retained earnings (beginning of year) + Net income - Dividends
We don't have the net income figure, but we can calculate it by rearranging the formula:
Net income = Retained earnings (end of year) - Retained earnings (beginning of year) + Dividend
Plugging in the numbers we have, we get:
Net income = $30,000 - $115,000 + $25,000 = -$60,000
Net Loss- $60,000
We also know that dividends declared for the year was $25,000, but dividends paid out was $37,500, which means the company paid out more dividends than it declared. This would result in a decrease in retained earnings.
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which scenario is an example of loyalty to a company in a consumer's daily life? multiple choice question. continuing to shop at dunkin' donuts even if starbucks opens more convenient locations and offers slightly lower prices buying a pepsi product from the campus vending machine because pepsi is the only vendor allowed on campus getting a haircut from the one barber in town who has an appointment available this afternoon ordering from pizza hut because there is a coupon in the mail offering a significant discount
The scenario that is an example of loyalty to a company in a consumer's daily life is continuing to shop at Dunkin' Donuts even if Starbucks opens more convenient locations and offers slightly lower prices.
Loyalty to a company means that the consumer consistently chooses to do business with a particular company over its competitors. In this scenario, the customer is demonstrating loyalty to Dunkin' Donuts by continuing to patronize the business even if Starbucks is more conveniently located and offers lower prices. This shows a preference for Dunkin' Donuts as a brand, and a willingness to prioritize that brand over lower prices or convenience.
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the veggie hut has net income of $26,400, total equity of $102,700, and total assets of $189,500. the dividend payout ratio is 0.30. what is the internal growth rate?
10.74% is the internal growth rate If the veggie hut has a net income of $26,400, total equity of $102,700, and total assets of $189,500. the dividend payout ratio is 0.30.
The given data is as follows:
net income = $26,400
total equity = $102,700
total assets = $189,500
dividend payout ratio = 0.30
The internal growth rate can be calculated by using the formula:
Internal growth rate = (Return on asset x Retention Rate)/[1 - (Return on asset x Retention Rate)]
Retention rate = 1 - Payout ratio
Retention rate = 1 - 30% = 70%
Return on asset = Net income/Asset
Return on asset = 26400/1,89,500 = 13.93%
All the values are substituted in the above internal growth rate formula,
Sustainable growth rate = (13.93% x 70%)/[1 - (13.93% x 70%)]
Sustainable growth rate = 0.097 / 0.902
Sustainable growth rate = 10.74%
Therefore, we can conclude that 10.74% is the internal growth rate.
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during which stage of the process does the marketer lead the preliminary analysis and calculations for demand, cost, sales, and profitability?
During the Developing and Business Analysis stage of the process, the marketer leads the preliminary analysis and calculations for demand, cost, sales, and profitability.
Business analysis is an exploration discipline that assists you with finding the business needs and characterizing answers for business issues
It assists you with grasping the design and the elements of the organization
Here are the means for Business analysis:
1) Enterprise analysis
2) Requirement Planning and Management
3) Requirement Elicitation
4) Requirement analysis and Documentation
5) Requirement Communication and
6) Solution Evolution and Validation.
Significant business analysis strategies are:
1) MOST
2) PESTLE
3) SWOT
4) MoSCoW
5) CATWOE
6) The 5 Whys and,
7) Six Thinking Hats
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which of the following statements regarding an option prior to expiration is correct? the maximum value of: a) a european put is equal to the maximum value of an american put. b) a european put is less than the maximum value of an american put. c) an american call is less than the maximum value of a european call. d) all of the above are correct.
The correct option is (b): a European put is less than the maximum value of an American put. An option is a contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price, known as the strike price.
There are two types of options: American and European. American options can be exercised at any time before expiration, while European options can only be exercised on the expiration date. For a put option, the maximum value is the difference between the strike price and the underlying asset price, or zero if the underlying asset price is higher than the strike price. The maximum value of an American put option is the greater of the maximum value of a European put option and the intrinsic value of the option at any point in time. The intrinsic value of a put option is the difference between the strike price and the underlying asset price if the underlying asset price is below the strike price, or zero otherwise. Since an American put option can be exercised early, it has more value than a European put option because it gives the holder the option to sell the underlying asset at a higher price before the expiration date if the underlying asset price drops. Therefore, the maximum value of a European put option is less than the maximum value of an American put option. For a call option, the maximum value is the difference between the underlying asset price and the strike price, or zero if the underlying asset price is lower than the strike price. The maximum value of an American call option is the greater of the maximum value of a European call option and the intrinsic value of the option at any point in time. Since a call option gives the holder the right to buy the underlying asset at a lower price, there is no benefit to early exercise, and the maximum value of an American call option is equal to the maximum value of a European call option.
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a. how did milton friedman alter the consensus that had developed in the aftermath of the great depression on how the economy should be managed?
Milton Friedman was a famous economist and public figure around the 20th century. He was a supporter of the free market around the world particularly in the United States of America.
Milton Friedman alter the consensus that had developed in the aftermath of the great depression by supporting the idea of the free market and less government intervention in the market controlling system. His idea was against the basic notion of greater control of the government in the market and deciding the price of goods.
One of its key contributions of Milton was the concept that inflation is mainly a monetary phenomenon and it can be controlled by managing the money supply in the market. In summary, Friedman's idea of controlling inflation and reducing government intervention was to contrast the consensus that had developed in the aftermath of the great depression.
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what going-in cap rate should be indicated from recently sold properties that are comparable to apartment arms
The entry cap rate should be quoted from recently sold properties that are comparable to condos, looking at the net operating income (NOI) of the properties.
NOI is the amount of income generated by a property after all operating expenses are paid. To calculate the cap rate, divide the NOI by the sale price of the property. The cap rate is usually expressed as a percentage. The limit rate for comparable properties should be used as a reference value for the analyzed property. This will give a good idea of what the property's expected rate of return should be. The higher the cap rate, the higher the expected return and vice versa.
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When a consumer has previous experience with a product or brand, it is likely the level of involvement would _______.
a. decrease
b. become more complicated
c. increase
d. remain the same
When a consumer has previous experience with a product or brand, it is likely the level of involvement would c. increase.
What factors can contribute to an increase in consumer involvement?Several factors can contribute to an increase in consumer involvement for a consumer who has previous experience with a product or brand. Firstly, high levels of personal relevance or perceived importance of the product can result in a higher level of involvement. Secondly, past positive experiences with the brand or product can increase involvement as the consumer is already familiar and satisfied with it. Thirdly, consumers may be more involved if they see the product as a significant financial investment, such as high-end luxury goods or major appliances. Lastly, a strong brand image or loyalty can also increase involvement as the consumer trusts and values the brand. In conclusion, a combination of these factors can lead to increased consumer involvement in the purchasing process.
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if foreign interest rates fall, foreign firms and governments would likely reduce their demand for u.s. funds. a. true b. false
If foreign interest rates fall, foreign firms and governments would likely reduce their demand for US funds - (True)
What is foreign interest rates?It is frequently argued that circumstances in other countries have an impact on many economies. The relationship between interest rates in the major industrialised nations and annual real output growth in other nations is examined in this essay.
The findings demonstrate that high foreign interest rates have a contractionary impact on domestic real GDP growth, but that this impact is concentrated in nations with fixed exchange rates. The following section of the essay looks at the various ways that major countries' interest rates might influence other economies.
When compared to other potential channels, such as a trade effect, the impact of foreign interest rates on domestic interest rates is the one that is most likely to occur.
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Which would an economist consider a likely substitute for coffee?
a. water
b. tea
c. chicken
d. donuts
Tea and coffee are substitutes since they are both beverages that satisfy similar consumer needs.
Which would an economist consider a coffee replacement for?Tea is an alternative to coffee, thus if the price of tea drops, people might drink more tea and less coffee. The quantities needed at each price will change as a result of a change in any one of the factors that are kept constant while creating a demand schedule.
Coffee and tea are interchangeable products. At least two products that the same consumers might use for the same purpose are considered replacement goods or substitutes. In the eyes of the consumer, substitute items are the same as, very similar to, or equivalent to another product.
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location a has a fixed cost of $400,000 and a variable cost of $13.50 per unit. location b has a fixed cost of $650,000 and a variable cost of $12 per unit. what is the break-even quantity? a. 166,667 units b. 256,000 units c. 122,648 units d. 192,626 uni
The break-even quantity is a.166,667 units for location a and location b.
The contribution margin (revenue per unit minus variable cost per unit) is equal to zero at the break-even point.
To find the break-even quantity, we need to determine the number of units that must be sold in order for the total revenue to equal the total cost.
To find the break-even quantity, we need to determine the point where the total cost equals total revenue. This occurs when:
Total Cost = Total Revenue
Total Cost = Fixed Cost + (Variable Cost per unit x Quantity)
Total Revenue = Price per unit x Quantity
Let x be the break-even quantity, then we have:
For location a:
Total Cost = 400,000 + 13.5x
Total Revenue = xP
For location b:
Total Cost = 650,000 + 12x
Total Revenue = xP
Setting the total cost equal to the total revenue, we get:
For location a:
400,000 + 13.5x = xP
For location b:
650,000 + 12x = xP
We need to solve for x, so we can equate the two equations:
400,000 + 13.5x = 650,000 + 12x
Simplifying, we get:
1.5x = 250,000
x = 250,000 / 1.5
x = 166,667
Therefore, the break-even quantity is 166,667 units for location a and location b.
If the revenue per unit is higher than the variable cost per unit, the break-even quantity will be lower, and if the revenue per unit is lower than the variable cost per unit, the break-even quantity will be higher.
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he strategy in which marketers change a brand's focus to target new markets, or realign the brand with changing market preferences, is know
true or false: when calculating the monthly payment for a car loan, the value of p includes the down payment
False, when calculating the monthly payment for a car loan, the value of p does not include the down payment.
Down payment( also called a deposit in British English), is an original over- frontal partial payment for the purchase of precious particulars services similar as a auto or a house. It's generally paid in cash or fellow at the time of finishing the sale. A loan of some kind is also needed to finance the remainder of the payment.
The main purposes of a down payment is to insure that the lending institution has enough capital to produce plutocrat for a loan in fractional reserve banking systems and to recover some of the balance due on the loan in the event that the borrower defaults.
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9. don likes to have lunch with his coworkers every day, and they usually take a longer lunch break than the company allows. what are don and his coworkers doing?
Don and his coworkers are likely engaging in unlawful behavior, as taking longer lunch breaks than the company allows is likely a violation of company policy.
The company's policy is to provide employees with a safe and supportive work environment. This includes ensuring that employees have access to proper training and resources, providing a fair and equitable work system, and creating a culture of respect and inclusion.
Additionally, the company is committed to providing a safe workplace by following safety regulations, offering appropriate protective equipment, and ensuring that employees are aware of safety protocols.
The company also ensures that employees are treated fairly and with respect, and that proper channels are in place to address any complaints or concerns. Depending on the company's policy and the severity of the violation, there may be legal consequences for Don and his coworkers.
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If employees do not honestly communicate about business issues, it can lead to..A. Enhanced self-interest.B. Poor financial performance.C. Transparent workplaces.D. Greater personal values.
If employees do not honestly communicate about business issues, it can lead to poor financial performance.
Hence, the correct answer is Option E.
Why is Honest Communication Important in Business?Honest communication is essential for the success of any business. When employees do not communicate honestly about business issues, it can lead to misunderstandings, mistrust, and ultimately poor financial performance.
This is because employees may not have the information they need to make informed decisions, or they may make decisions based on incorrect information. As a result, the business may suffer from decreased productivity, lower sales, and reduced profits.
Therefore, it is important for employees to communicate honestly and openly about business issues in order to ensure the success of the business.
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a ________ is a multinational company that has a global scope and does not consider any particular country as its base, home, or headquarters.
The correct option is E. A transnational organization is a multinational company that has a global scope and does not consider any particular country as its base, home, or headquarters.
GLOBE is the worldwide legislature Organization for Balanced surroundings, based in 1991. GLOBE's goal is to guide political management on the troubles of climate and electricity safety, land use alternatives, and ecosystems. across the world, GLOBE is targeted on management from G20 leaders and the leaders of the rising economies as well as formal negotiations inside the United countries.
GLOBE believes that legislators have a vital role to play in preserving their personal governments to account for the commitments which are made at some stage in worldwide negotiations. The GLOBE assignment is a global research task aimed at creating, testing, and validating theories retailed to the connection between way of life and societal, organizational, and leadership effectiveness. The GLOBE task changed considerably in indicating how cultures perceive effective and ineffective management, that's beneficial to leaders in facilitating intercultural interactions. The study discovered six global leadership behaviors, which were used within the have a look at to apprehend how the clusters perceived management.
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Complete Question:
A _______ is a multinational company that has a global scope and does not consider any particular country as its base, home, or headquarters.
A.strategic alliance
B.joint venture
C.multidomestic corporation
D.global company
E.transnational organization
bob bounce has two job offers: one as an accountant and one as a semi-pro basketball player. he would accept either job for $50,000 annually. due to his basketball skills, he is offered $500,000 as a basketball player. the $450,000 difference is called
He receives a $500,000 offer to play basketball as a result of his basketball prowess. Economic rent refers to the $450,000 discrepancy.
Is accounting a rewarding profession?It is a dependable and expanding industry. Almost every business need the services of an accountant or an outside accounting firm, as well as the typical person occasionally has to engage an accountant.
Is becoming an accountant stressful?Yes, accounting may be stressful. Because accountants often have a four-month timeframe to complete the process, assisting customers with filing their tax forms can be challenging. A large company's financial management can be challenging since even the smallest error could have disastrous consequences.
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james company experienced the following events during its accounting period: (1) purchase $10,000 of inventory on account. (2) returned $2,000 of inventory purchased in event 1. (3) paid the remaining balance in account payable for the inventory purchased in event 1. (4) sold inventory purchased in event 1 for $10,000 to customers on account. at the end of the first accounting period what would be reported on the income statement for net income?
The income statement for the accounting period would report revenue of $10,000, COGS of $8,000, gross profit of $2,000, and net income of $2,000.
Based on the information provided, we can calculate the net income for James Company for the accounting period as follows:
The purchase of $10,000 of inventory on account would not affect the net income, as no revenue has been earned yet. However, it would increase the company's inventory and accounts payable balances.
The return of $2,000 of inventory purchased would decrease the inventory balance and accounts payable balance. This transaction would not affect the net income.
The payment of the remaining balance in accounts payable for the inventory purchased would decrease the accounts payable balance. This transaction would also not affect the net income.
The sale of the inventory purchased for $10,000 to customers on account would increase the company's revenue by $10,000. However, we must also consider the cost of goods sold (COGS), which represents the cost of the inventory sold. Since the inventory was purchased for $10,000 and $2,000 was returned, the COGS would be $8,000. Therefore, the gross profit for the sale would be $2,000 ($10,000 revenue - $8,000 COGS).
Assuming there were no other expenses, the net income for the accounting period would be equal to the gross profit of $2,000.
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what is the weekly average yield on us treasuries adjusted to a constant maturity of one year as of october 2016
As of October 2016, the diurnal average yield on US Treasuries shaped to a constant maturity of one time was 0.42. This rate reflects the yield on a academic, lately issued one- time Treasury note, calculated by the US Department of Treasury.
It is predicated on the secondary request yields of other outstanding Treasury securities with majorities ranging from four weeks to 52 weeks. This low rate is harmonious with the Federal Reserve's long period of low interest rates, which was a response to weak profitable growth and low inflation.
The low rates have affected not only the bond request but also a range of asset classes, including equities, real estate, and goods. Investors and judges nearly cover Treasury yields as an important profitable indicator.
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Classify the market research means to their respective sources of market research.
interview
survey
magazine
websites
trade associations
PRIMARY SOURCE
SECONDARY SOURCE
Here's how I would classify the market research means according to their respective sources of market research:
Primary Sources:
InterviewsSurveysSecondary Sources:
MagazinesWebsitesTrade associationsWhat is classification of market research about?Interviews and surveys are considered primary sources of market research because they provide direct information gathered through direct communication with the target audience.
On the other hand, magazines, websites, and trade associations are considered secondary sources of market research because they provide information that has already been published and is not based on direct communication with the target audience.
Therefore, these secondary sources are often used to supplement primary research and provide a broader understanding of the market.
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Indicate whether each item identifies an adaptive or innate immunity. - Second line of defense - Acid mantle- Clonal selection - Third line of defense - Vaccines - First line of defense - Memory - Agglutination
Adaptive immunity: Vaccines, agglutination, memory, clonal selection, the third line of defense.
Innate: acid mantle, the first line of defense, the second line of defense.
What is adaptive immunity?The immune system's adaptive immune system, sometimes called the acquired immune system, comprises specialized, systemic cells and processes that either destroy infections or stop their growth. The adaptive immune system, which kills invasive pathogens, is similar to the innate immune system in that it consists of both humoral immunity components and cell-mediated immunity components.
The adaptive immune system is very specialized to each unique pathogen the body has faced, in contrast to the innate immune system, which is pre-programmed to respond to common broad categories of pathogens.
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For many years, there have been limits set on the amount of sugar that foreign producers can sell in the U.S. market. This is mandated by a
Question 14 options:
net profit.
tariff rate quota system.
trade surplus.
subsidy agreement.
The U.S. government has implemented a tariff rate quota system to regulate the amount of sugar that can be imported from foreign producers. option (A) is correct.
This framework considers a specific measure of sugar to be imported at a lower tariff rate, while any imports past the share face higher levies. The motivation behind this framework is to safeguard homegrown sugar makers by restricting how much unfamiliar sugar that can enter the U.S. market and rival homegrown sugar.
The framework is expected to keep a steady homegrown sugar market and keep sugar costs from falling because of unfamiliar rivalry. The standard is generally set yearly and depends on a mind-boggling computation of homegrown sugar creation, utilization, and imports from different nations.
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This question is not complete, Here I am attaching the complete question:
For many years, there have been limits set on the amount of sugar that foreign producers can sell in the U.S. market. This is mandated by a
Question 14 options:
(A) net profit.
(B) tariff rate quota system.
(C) trade surplus.
(D) subsidy agreement.
which of the following statements about the operations function is not correct? group of answer choices inputs to operations can take many different forms. operations management activities are information and decision intensive. nearly all operations activities require coordination with other business functions. the outputs of an operations function are always tangible.
C) The outputs of an operations function are always tangible is not correct about operations function.
The operational functions are the major functions that are part of the organization's principal operating activity. The managerial steps that management takes to facilitate an organization's operational functions are planning, organizing, coordinating, and controlling.
Organizations are made up of various departments or parts that must collaborate but often struggle to do so. An operations manager is responsible for ensuring that all of these distinct cogs operate together to achieve both their own goals and the company's overall goals.
Operations managers must be able to efficiently promote cross-departmental collaboration, such as integrating human resources to project management, marketing and content to sales, and supply chain management to finance and facilities.
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Correct question:
Which of the following statements about the operations function is NOT correct?
A) Inputs to operations can take many different forms.
B) Nearly all operations activities require coordination with other business functions.
C) The outputs of an operations function are always tangible.
D) Operations management activities are information and decision intensive.
When a consumer has previous experience with a product or brand, it is likely the level of involvement would _______.
a. decrease
b. become more complicated
c. increase
d. remain the same
When a consumer has previous experience with a product or brand, it is likely the level of involvement would increase.
What degrees of customer involvement are there?When it comes to making purchases, consumers can take part in the process to a high, moderate, or low degree. The level of participation is influenced by a wide range of variables, including psychological, environmental, and individual aspects. There are five fundamental steps in the decision-making process for consumers. Consumers use this technique to weigh their options before making a purchase. Problem identification, information search, alternative assessment, buy decision, and post-purchase evaluation are the five steps. The level of participation represents the importance of the product or service to the consumer personally, his level of interest in using the product, and the amount of information he seeks out before making a decision. Consumer involvement in these purchases can be significant or low.
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tina, the director of hr, is disturbed at the high level of turnover at her company. from exit interviews, she suspects that certain supervisors have higher dysfunctional turnover rates among their subordinates than others. in order to verify this hunch, tina should analyze turnover by department and by
Tina has to analyze employee performance ratings and turnover by department in order to verify this branch.
The stage of job measurement known as performance rating occurs when the analyst watches the worker's performance and notes a value comparing that performance to the analyst's definition of typical performance.
Performance rating improves employee performance, finds areas for training and education, places workers in positions where they may excel, and upholds equity in compensation, benefits, advancement, hiring, and firing. Most employees are curious about their performance at work. For employees to work efficiently, they require performance feedback. The key to good performance is getting timely, accurate, constructive feedback to an employee. Goal-setting and other motivational techniques rely on frequent performance reviews. Although there are numerous potential sources of mistake when rating performance, they can both be minimised by using behaviorally anchored rating scales and rater training. Such scales are employed in industrial and organisational psychology to precisely identify the behaviours that characterise subpar, mediocre, and excellent performance.
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if joel earns a 9 percent after-tax rate of return, $29,000 received in two years is worth how much today? use exhibit 3.1. note: round discount factor(s) to three decimal places.
Next Value met in 2 years is $29,000 dividing it sum Now: Real Value = Next Value/(1 + r), & r ≈ At Tax Rate on Tax = 9% Value = $29,000/(1+0.09) & of days. 2 Cost still = $29000*0.842 Rate till Up Now: $24,418
What is the tax rate at this time?The state tax rate was 7.25%. Local governments in the majority of Californian regions have implemented district taxes, which raise the amount of tax that a seller must pay. The district's tax rates range form 0.10% to 1.00%. Several district taxes could be active in some places.
How do you figure out the tax rate?Divide your tax expense by profits (or income earned) after taxes to find the effective tax rate in the simplest way possible. On an income statement, tax expense is typically listed last before the bottom line, or net income.
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Wollogong group limited of new south wales, australia, acquired its factory building 10 years ago. for several years, the company has rented out a small annex attached to the rear of the building for $30,000 per year. the renter’s lease will expire soon, and rather than renewing the lease, the company has decided to use the annex to manufacture a new product. direct materials cost for the new product will total $80 per unit. to have a place to store its finished goods, the company will rent a small warehouse for $500 per month. in addition, the company must rent equipment for $4,000 per month to produce the new product. direct laborers will be hired and paid $60 per unit to manufacture the new product. as in prior years, the space in the annex will continue to be depreciated at $8,000 per year. the annual advertising cost for the new product will be $50,000. a supervisor will be hired and paid $3,500 per month to oversee production. electricity for operating machines will be $1.20 per unit. the cost of shipping the new product to customers will be $9 per unit. to provide funds to purchase materials, meet payrolls, and so forth, the company will have to liquidate some temporary investments. these investments are presently yielding a return of $3,000 per year.Required:Describe each of the costs associated with the new product decision in four ways.
The Wollogong Group Limited of New South Wales, Australia has decided to manufacture a new product in the annex that was previously rented out.
The company has identified various costs associated with the new product decision, including direct materials cost, rent of warehouse and equipment, direct labor cost, depreciation expense, advertising cost, supervisor salary, electricity cost, shipping cost, and opportunity cost.
Direct Materials Cost: $80 per unit. Variable, Direct cost.Rent of Warehouse: $500 per month. Fixed, Indirect cost.Rent of Equipment: $4,000 per month. Fixed, Indirect cost.Direct Labor Cost: $60 per unit. Variable, Direct cost.Depreciation Expense: $8,000 per year. Fixed, Indirect cost.Advertising Cost: $50,000 per year. Fixed, Indirect cost.Supervisor Salary: $3,500 per month. Fixed, Indirect cost.Electricity Cost: $1.20 per unit. Variable, Direct cost.Shipping Cost: $9 per unit. Variable, Direct cost.Opportunity Cost: $3,000 per year. Opportunity cost.To learn more about Wollogong please click on below link.
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in developing leadership skills, one should focus on authentic leadership. the theory of authentic leadership focuses on various factors. what is the top priority in development of authentic leadership?
In developing leadership skills, one should focus on authentic leadership. the theory of authentic leadership focuses on various factors. Honest relationships is the top priority in development of authentic leadership .
What authentic leadership means?
When people operate in a real, sincere, and sincere manner that is true to who they are as individuals, it is referred to as authentic leadership. Those who advocate for real leadership claim that this kind of leadership is best suited to encourage employees to show loyalty, trust, and good performance.
Why is true leadership so crucial? What is it?
When a leader's actions and words, regardless of the circumstance, demonstrate a distinct and constant set of values, that is authentic leadership.
When change and transition are present, when collaboration, participation, and trust are crucial, this leadership style is especially advantageous.
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project 7 is a gourmet gum and mint brand that donates to seven areas of need with every product purchased. founder, tyler merrick, decided to make and sell everyday products that people already purchase, but use those purchases to help solve everyday problems around the globe. project 7 purchases help provide malaria medications, clean drinking water, meals to those in poverty, anti-bullying programs, and other charitable efforts. tyler merrick's beliefs are based on:
1. The influence of routine purchases: According to Tyler Merrick, every purchase we make has the potential to improve the world. Customers can contribute a little amount to the world's problems.
2. Giving back to those in need: Project 7's creator is committed to helping those who are in need both locally and internationally.
3. Project 7 is assisting in solving some of the most important issues facing the globe and improving the quality of life for all people by harnessing the power of consumerism for good.
4. Making a difference with modest deeds: Tyler Merrick is aware that modest deeds may have a significant impact and wants to inspire others to follow suit. Customers may help the world become a better place and address global issues one purchase at a time by purchasing Project 7 products.
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