There is an increasingly sophisticated & knowledgeable customers because more availability of choices and easily accessible information about the functionality of firms' products.
What is a functionality of firms' product?This refers to the design works of a product that helps the users meet their goals and needs.
For instance, the product functionality is observed from products such as chairs or tables to the designs such as books or web interfaces, hence, the functionality varies but is everywhere.
That means that when a product design is highly functional it performs what it's expected to do and does it well.
Hence, the increasing product functionality with more availability of choices and easily accessible information about the products result to increasingly sophisticated & knowledgeable customers.
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To protect consumers, the sec requires brokers and dealers to information about securities.
SEC requires brokers and dealers to reveal information about securities to protect consumers, the statement is true.
What is SEC?
SEC stands for the securities and exchange commission of the United States, governing in the cases of misconduct in the financial clauses of business by sharing false information or involving in fraud.
SEC aims to protect investors by enforcing strict laws on securities and punishing the violators of the law. They help in supervising the securities markets and organizations to ensure that fair and honest treatment is received by investors.
Objectives of SEC :
The objective of the SEC (securities and Exchange Commission) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. they also protect consumers by requiring brokers and dealers to reveal information about securities.
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Answer:
reveal
Explanation:
EDGE
When adjusting the bank balance in a bank reconciliation, which item must be added to the bank balance?
Answer: ADJUST THE BANK STATEMENTS
Explanation:
Adjust the balance on the bank statements to the corrected balance. For doing this, you must add deposits in transit, deduct outstanding checks and add/deduct bank errors.
If your company’s product is mobile phones, do you think it would make better strategic sense to employ a multidomestic strategy, a transnational strategy, or a global strategy?
A global strategy would be appropriate since most mobile phones are constructed to work globally and buyer needs across the world are relatively universal.
Companies adopting cross-border strategies are seeking a middle ground between multilateral and global strategies. Such companies try to balance the desire for efficiency with the need to adapt to local tastes in different countries.
Unlike the Strategy, the Global Strategy is centralized and managed from headquarters, seeking to maximize global efficiency. With this strategy, the products are much more standardized than tailored to the local market.
Four major global strategies form the basis of the organizational structure of a global company. These are domestic exporters, multinationals, franchisors, and multinational corporations. Each of these strategies is pursued with a specific operational organizational structure
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________ entails a process of balancing various engineering, manufacturing, marketing, and economic considerations to develop a product’s form and features or a service’s features.
Innovations entails a process of balancing various engineering, manufacturing, marketing, and economic considerations to develop a product’s form and features or a service’s features.
What is innovation?Innovation is the implementation of thoughts in a way that results in the creation of innovation or enhances the delivery of existing ones. "A new or changed entity realizing or redistributing value" is the definition of innovation. Others have different definitions, but they all place an emphasis on the novelty, development, and dissemination of concepts or technologies.
Innovation frequently occurs as a result of the creation of more efficient goods, procedures, services, technology, works of art, or marketing strategies that innovators render available to consumers, governments, and society. Innovation and invention are interrelated, but they are not the same thing. Innovation is more likely to entail the direct implementation of an invention, and not all innovations necessitate the development of new invention.
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Luke is the type of leader that concentrates on relationships as he leads and not just tasks. According to fiedler’s contingency model, luke is what type of leader?
Luke is the type of leader that concentrates on relationships as he leads and not just tasks. Luke is an LPC type of leader.
Option A high - LPC leader.
Fiedler's Contingency Theory of Leadership is a good reminder that leadership isn't a one-size-fits-all approach. It's possible that just because your team isn't functioning as well as it should, you aren't a competent leader. Instead, your natural leadership style might not be the best fit for your team's current demands.
You are more relationship-oriented if you rank your least favorite coworker positively on a range of different parameters. You are more task-oriented if you judge them less positively on the same criteria.
Essentially:
You're a relationship-oriented leader if you have a high LPC rating.
You're a task-oriented leader if you have a low LPC.
Building relationships, creating team cohesion, and managing interpersonal conflict are all skills that relationship-oriented leaders excel at. Task-oriented leaders are good at coordinating projects and teams to get things done quickly and efficiently.
Disclaimer: The question was incomplete. Please find the full content below.
Question: Luke is the type of leader that concentrates on relationships as he leads and not just tasks. According to Fiedler’s Contingency Model, Luke is what type of leader?
A) A moderate-LPC leader
B) An adequate-LPC leader
C) A high-LPC leader
D) A low-LPC leader
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The framers wanted the constitution to last for centuries, and understood that would only happen if the document was:______.
That would only happen it if the document is changeable.
In governance and law, an amendment is an addition or change made to a constitution, legislation, or legislative bill or resolution. Amendments can be made to existing constitutions and statutes, as well as to legislation during their transit through a legislature.
A correction is essentially what an amendment is. It can take numerous forms, including the process of changing something through legislative or constitutional processes. In the United States, the term is frequently used to refer to a modification to the United States Constitution. A constitutional amendment can be proposed by Congress with a two-thirds majority vote in both the Senate and the House of Representatives, or by a constitutional convention with a two-thirds of the majority vote in both the Senate and in the House of Representatives.
Therefore, the answer is changes in constitution.
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Examining internal or external records or documents that are in paper form, electronic form or other media is known as?
5-7 The types of procedures and their definitions are as follows. (1) Inspection of records or documents consists of inspection of internal and external records or documents on paper, electronic or other media.
External evidence is considered more reliable than internal evidence because it is in the hands of both the client and another party. This means acceptance of the information and conditions contained in the document.
Internal documents are records created and kept within a company. Documents are used to support organizational processes. Examples of internal documents include employee time cards and timesheets, production schedules, purchase requisitions, receipt reports, sales orders, and disposal approvals.
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In a bid to lower its manufacturing costs, the gallis watch company decides to contract the production of its watch straps to an organization in another country. this is an example of global?
It is an example of global outsourcing.
Global outsourcing, often known as offshore, is the practice of outsourcing to a third party located outside of your nation.
Global outsourcing is the most common source for businesses globally, allowing them to locate sources (agencies and other businesses) with cheaper labor costs, new market prospects, and unique materials to make their entire operations more flexible.
The assignment of certain business operations to a specialized external service provider is what outsourcing is all about. In most circumstances, the company cannot handle all parts of the business process on its own, therefore it seeks assistance from other organizations that specialize in the relevant area.
Therefore, the answer is global outsourcing.
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The amount of additional satisfaction obtained from consumption of an additional unit of a good or service is _______.
The amount of additional satisfaction obtained from consumption of an additional unit of a good or service is "Marginal Utility".
What is marginal utility?The additional pleasure a consumer has from owning one extra unit of an item or service is known as marginal utility. Economists utilise the idea of marginal utility to estimate the quantity of a good that consumers will buy.
Some key features of marginal utility are-
The additional satisfaction a consumer experiences from owning one extra unit of an item or service is known as marginal utility.When the overall utility is increased by the consumption of the an additional item, positive marginal utility occurs. On the other side, negative marginal utility arises when the overall utility is reduced by the consumption of one extra unit.Economists utilise the idea of marginal utility to estimate the quantity of a good that consumers will buy.Progressive taxation are frequently defended using the law of decreasing marginal utility.Negative, zero, or positive marginal utility are all possible.To know more about rule of marginal utility, are
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If an asset is easily changeable into another asset or good, it is said to be _____.
If an asset is easily changeable into another asset or good, it is said to be liquid assets.
Assets that are easily convertible into cash are referred to as liquid assets. Even while assets are priceless belongings that may be exchanged for money, not all of your assets can be sold right away for cash or without incurring a loss. Cash is a common liquid asset. The most liquid asset is cash.
Any investment properties you hold are not categorized as liquid assets since, as we just explained, real estate is not regarded as liquid.
An asset is anything that has financial value to a company or a person. However, liquid assets are those that can be rapidly, securely, and readily swapped for money. Stocks, receivables, and inventories are a few examples of liquid assets that can be easily converted into cash.
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Employees in a production department may receive a basic wage or salary plus a bonus that consists of a payment for each unit produced. this is called a_________
Employees in a production department may receive a basic wage or salary plus a bonus that consists of payment for each unit produced. this is called a production bonus system.
Production Bonus System: Workers in the production department may be paid a base salary or wage plus a bonus that consists of payment for each unit produced. The bonus may not be large enough to be worth the extra effort if workers don't seem to be motivated by a production bonus system. Under such a system, workers who work more quickly get compensated more, but the compensation system may not always reward high-quality work.
Businesses typically have three alternatives to think about when arranging recurrent, performance-based bonuses: bonuses determined by each person's performance. bonuses determined on a department's or business's performance. Bonuses that are not at all performance-based (e.g., a flat bonus for everyone).
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When a mcdonald's opens in your local area by franchising to a franchisee, what is the benefit to the mcdonald's corporation?
By expanding its franchisee of locations by one more, McDonald's Corporation gains. McDonald's will undoubtedly make alot of money at the new location. Since franchisee offer finance choices, building and training support, marketing assistance, and specific techniques that have been proved successful on the front line for years, they significantly reduce the risk that most small business owners confront.
Franchisees' chances of success are further increased by strict upfront requirements for capital investments and managerial experience. Business makes money by leveraging its fast food product to franchisees who must lease facilities that are owned by McDonald's, frequently at significant markups.
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How are power and the various globalisms linked? Can you provide an example from your own life?
Globalism is a means through which new manifestations of power are exercised. The power to affect which direction the world will take in the 21st century lies with a new generation of leaders and strategic thinkers who are, themselves, a product of this evolving global era.
Globalism illustrates important trends in international security that states ignore at their peril whereas the core concept of power remains the most important independent variable shaping international outcomes.
Globalism is best understood as a technologically facilitated proliferation of the means through which power within the international system is channeled and pursued.
The past decade has witnessed increasing scholarly attention to the role played by power in shaping global governance. For example, in 2014 political scientist Jeremy Shiffman called attention to the “critical need to investigate how epistemic and normative power get exercised in the global health field,” prompting an outpouring of reactions from other scholars.
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How would the break-even period in this scenario change if you lived in another state? research another state’s minimum coverage requirement and calculate the break-even period you calculated above for that state’s minimum coverage requirements. assume that all other variables (premium, deductible, etc.) are the same. specify the state you researched and its minimum coverage requirements in your answer.
What is meant by break-even period?
In business accounting, the break-even point refers to the amount of revenue necessary to cover the total fixed and variable expenses incurred by a company within a specified time period
To calculate the break-even point in units use the formula:
Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin.
What are insurance requirements?
Insurance Requirements — the part of a commercial contract in which the types and minimum amounts of insurance the parties agree to provide in connection with their performance of the contract are specified.
What is break-even period in business?
A break even point is used in multiple areas of business and finance. In accounting terms, it refers to the production level at which total production revenue equals total production costs. In investing, the break even point is the point at which the original cost equals the market price.
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Nominal gross domestic product (gdp) is a poor measure of economic growth because it?
Nominal gross domestic product (gdp) is a poor measure of economic growth because it does not consider changes in prices or population growth.
One way to gauge an economy's health and well-being is to look at its gross domestic product. It is the total worth of all things and services produced over a specific time period less the value of those who worked on those goods and services.
Nominal GDP is a measurement of economic output in an economy that takes into account current prices. It does not adjust for inflation or the rate of price increases, which can overstate the growth rate.
The prices that were actually paid for all products and services in that year are the values used to calculate nominal GDP.
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What are some indicators that may support the need for an over target baseline/over target schedule?
The primary goal of implementing an over target schedule is to increase management control over the remaining project. While it results in a new baseline that is now higher than the contract budget base, it has been shown to improve control over the remaining contract work. Thus exceeds contract target cost is referred to as an Over Target Baseline.
A Total Allocated Budget (TAB) that has been formally reprogrammed to include additional performance management budget. It is calculated by combining the Contract Budget Base (CBB) and any additional performance management budgets. An over target schedule (OTS) is a condition in which a baseline schedule is time-phased beyond the contract completion date.
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Tina is the inventor of a personal fitness tracking device, and she is in the process of hiring employees after receiving investment funding. When considering how to structure her company, she should?
She should first establish a strategy and let that be her guide.
Strategy is a widespread plan to achieve one or more lengthy-term or normal goals under conditions of uncertainty.
The strategy is an action that managers take to reap one or greater of the organization's goals. strategy can also be described as “A fashionable path set for the company and its diverse components to acquire a preferred country within the destiny. approach results from the distinctive strategic planning system”.
A tactic refers to the precise moves taken to attain the set goals in line with the method. for instance, organization A's strategy is probably to end up the most inexpensive company in the smartphone market. Their managers then need to negotiate with suppliers to reduce the costs of the electronic additives utilized in production.
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When a salesperson asks ?could you tell me more about that?? which type of probing technique is being used?
Amplification is type of probing technique is being used .
What is a Probing Sales Question?Simply put a probing sales question is one designed to get your prospect to reveal information that you can use to facilitate closing and cooperation. They’re designed to expose information about the prospect that they might not disclose immediately. A good example of this is your prospect revealing a pain you can exploit in your sales pipeline.
Sales probing questions are similar to discovery questions however they are more detailed than the latter. Probing questions go deeper, so a good technique to follow is to start with discovery questions and then follow up with probing questions. You have to exercise your judgment about when to strike.
Think about it this way, discovery questions help you find an issue you can exploit, and probing questions allow you to work out how to exploit it. Both furnish information of different varieties. Let’s look at some examples of probing questions you can use during your sales process.
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The supply of loanable funds slopes ______ because an increase in the interest rate induces __________.
a. upward; more saving
b. downward; less saving
c. downward; less investment
d. upward; more investment
The supply of loanable funds slopes upward because an increase in the interest rate induces more savings.
The answer is option a. more saving
The supply curve is upward sloping due to the fact because the interest rate will increase, humans will need to shop greater. Individuals deliver loanable finances through savings. When delivery for financial savings increases, the number of loanable budgets increases, and the real interest price decreases.
The supply of loanable funds curve slopes upward. Because the hobby price rises, the go back on saving will increase, and the amount of loanable price range provided increases. as the interest fee falls, saving becomes less attractive and consumption will become extra attractive, so the amount of loanable budget supplied decreases.
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_____ are large pools of money set aside by corporations, unions, and governments for later use in paying retirement benefits to their employees or members. Group of answer choices Workers' compensation funds Unemployment benefits Slush funds Pension funds Floats
Pension funds are large pools of money set aside by corporations, unions, and governments for later use in paying retirement benefits to their employees or members. A pension fund otherwise known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. Hence, the correct answer is Pension Funds. Read below about Pension funds.
What are Pension funds?Pension funds are reserved pools that pay for workers' retirements. Funds are paid for by either workers (contributory pension), employers, or both. Corporations and all levels of government provide pensions. Companies reduce pension fund risk by relying on fixed income strategies.
Therefore, the correct answer is as given above.
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An architectural firm fired an architect after she was injured in a fall and filed a workers’ compensation claim. this is an example of a ________ and is illegal.
An architectural firm fired an architect after she was injured in a fall and filed a workers’ compensation claim. this is an example of a retaliatory discharge and is illegal.
Retaliatory Discharge is a type of unlawful termination that involves taking revenge or retaliating against an employee for doing anything that is unrelated to their performance at work. This can take the form of actions like making a workers' compensation claim or asking for the legally needed payment.
punishment imposed by an employer on a worker for partaking in legally protected behavior, such as filing a harassment claim or helping with an inquiry at work. Any adverse work action, such as a demotion, warning, dismissal, wage reduction, or job or shift change, might be considered retaliation.
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Ngu owns equipment that cost $104,300 with accumulated depreciation of $71,200. ngu asks $37,700 for the equipment but sells the equipment for $34,800. compute the amount of gain or loss on the sale
Gain on sale of equipment = $1700 By Extracting Information.
The gain or loss on sale of an asset used in the business is the difference between 1) the amount of cash received by the business and 2) the carrying value (book value) of the asset at the time of sale.
The disposal account is the profit or loss account shown in the income statement that records the difference between the proceeds of disposal and the net book value of the asset being sold.
A gain on sale of assets arises when an asset is sold in excess of its carrying amount. Carrying value is the purchase price of an asset less subsequent depreciation and impairment losses. Profit is classified as a non-operating item on the sales company's income statement.
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In a payback analysis, the ____ values are the running sums of the time-adjusted benefits over all the years
In a payback analysis, the Cumulative Time-Adjusted Benefits values are the running sums of the time-adjusted benefits over all the years.
The Payback length suggests how long it takes for a business to recoup an investment. This form of evaluation allows firms to examine opportunity investment opportunities and determine on an assignment that returns its investment in the shortest time if that criteria is vital to them.
Payback evaluation is a mathematical technique to determine the payback duration for an investment. The payback duration is how long it'll take to pay off the funding with the cash glide derived from the asset or undertaking. In colloquial phrases, it calculates the 'destroy-even point.
The payback length is favored whilst a corporation is under liquidity constraints because it may display how lengthy it ought to take to recover the money laid out for the task. If quick-term coin flows are a problem, a brief payback length may be greater attractive than an extended-time period funding that has a better NPV.
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Kamut met with amy, a buyer, and showed her his new listing. if amy is unrepresented, did kamut err by not providing amy with an agency disclosure?
Kamut met with Amy, a buyer, and showed her his new listing. if Amy is unrepresented, Only in the event that Amy sought guidance from Kamut or disclosed private information (Yes, because any time you meet with a buyer, you must provide agency disclosure). This is further explained below.
What is agency?Generally, a company or organization performs a certain service for the benefit of a third party, which may be another company, an individual, or another group.
a written explanation for the client, to be signed by the potential buyer or seller, that explains the function that the broker performs in the transaction and asks for the client's approval.
In conclusion, Amy, a potential purchaser, went to see Kamut, and he showed her his newest listing. if Amy does not have legal representation, only in the event that Amy sought advice from Kamut or shared confidential information would this clause apply (Yes, because any time you meet with a buyer, you must provide agency disclosure).
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The document that outlines the duties and responsibilities of a salon or spa position is called __________
a. job description.
b. performance review.
c. employee evaluation form.
d. ticket.
The correct option is (a) job description.
The document that outlines the duties and responsibilities of a salon or spa position is called job description.
What do you mean by job description?
A job description is a practical document written in simple language that outlines the duties, responsibilities, tasks, and goals of a position. It describes who is responsible for performing a particular sort of work, how that work is to be accomplished, how frequently that work is required, and how it links to the mission and goals of the company.
Important company information, such as the firm mission and culture as well as any employee benefits, should be included in a job description. Additionally, the salary range and to whom the position reports may be mentioned. A good job description will give candidates enough information to decide whether they are qualified for the role.
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What is one of the scrum master's responsibility during innovation and planning iteration?
The scrum master's responsibility during innovation and planning iteration is chargeable for growing and onboarding venture groups.
The Scrum grasp is chargeable for growing and onboarding venture groups, integrating them into the agency and providing a clear imaginative and prescient of the product. The Scrum grasp additionally enables conversation and records alternate between external organizations and the project team.
Scrum grasp is the person that is answerable for facilitating/coaching the improvement group and the Product owner to work on the day after day development sports. he is the only who ensures that the group knows the Scrum Values and concepts and is capable of practice the
The Scrum grasp must spend time making ready the retrospective, because it's a number one vehicle for development. recognition on gadgets the crew can cope with, not on how others can enhance. The Scrum grasp is responsible to educate and educate crew individuals in a proactive way, and persuade them to do the right factor.
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One of the most popular short-term investments for the largest business organizations is?
One of the most popular short-term investments for the largest business organizations is commercial paper.
What do you mean by commercial paper?
Commercial Paper (CP) is a type of promissory note that is an unsecured money market instrument. In order to give highly rated corporate borrowers more options for short-term borrowing and to give investors another tool, CP was created in India in 1990.
A popular form of unsecured, short-term debt issued by firms, commercial paper is generally used to finance payroll, accounts payable, inventories, as well as to satisfy other short-term obligations.
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Which filter can be used to find a specific project when in the work area? template name team member due date project name
The project name filter can be used to find a specific project when in the work area.
Every project has a unique and special name and it does not consider with any other project. Different projects may have the same due date, common team members, or template name as these can be used for many projects at the same time or but no two will have similar names.
A project filter allows querying in the context of a particular assignment. A venture clear out allows you to apply an undertaking filter out on the pinnacle of a question. This permits you to slim down query consequences when trying to find an object or object without changing the question.
On the View tab, inside the records group, select the arrow next to filter, after which select extra Filters. Choose mission or useful resource (depending on which sort of clear out you want to create), after which choose New. type a name on your new filter out.
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The Mahoney Company has two producing departments: assembly and finishing. The company has been using a plantwide predetermined overhead rate based on direct labor hours. The following estimates were made for the current year: If Mahoney uses a plantwide predetermined overhead based on direct labor hours, what would be the predetermined overhead rate for the current year
If Mahoney uses a plantwide predetermined overhead based on direct labor hours, what would be the predetermined overhead rate for the current year is: $4 per Direct Labor Hour.
Predetermined overhead rateUsing this formula
Predetermined overhead rate=Manufacturing Overhead/Direct labor hours
Let plug in the formula
Predetermined overhead rate = $300,000/75,000
Predetermined overhead rate = $4 per DLH
Therefore If Mahoney uses a plantwide predetermined overhead based on direct labor hours, what would be the predetermined overhead rate for the current year is: $4 per Direct Labor Hour.
The complete question is:
The Mahoney Company has two producing departments: assembly and finishing. The company has been using a plantwide predetermined overhead rate based on direct labor hours. The following estimates were made for the current year:
Assembly
Finishing
Total
Manufacturing Overhead
$200,000
$100,000
$300,000
Direct labor hours
40,000
35,000
75,000
Machine hours
5,000
16,000
21,000
Mahoney started and completed Job 1512 during the year. The job-order cost sheet indicated the following:
Materials Requisitioned$18,000
Direct labor cost16,000
Direct labor hours:
Assembly1,700 Hours
Finishing1,300 Hours
Machine Hours
Assembly1,000 Hours
Finishing700 Hours
A total of 2,000 units were produced on Job 1512.
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The balance in the j. higgins, withdrawals account was $4,700. the entry to close the account would include a?
The balance in the j. Higgins, withdrawal account was $4,700. the entry to close the account would include a debit to J. Higgins, Capital, $3,200.
A direct debit is a record of the amount deducted from your bank account, such as when you write a check. The total debits must balance the total credits. Synonyms: Payment, Liability, Payment, Obligation Other synonyms for direct debit.
In accounting, a credit is an entry that records a decrease in an asset or an increase in a liability, and a decrease in expenses or an increase in income (as opposed to a debit that does the opposite). Thus, credits increase net income on the company's income statement, while debits decrease net income.
A direct debit is a payment made or debited or an indication of the amount debited. Attempting to track a mysterious $2 withdrawal from a bank account is unlikely to succeed, but it should be done anyway.
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