Startups that focus on serving new customers in new ways can definitely impact the reputation of existing competitors. In fact, disruption of an industry can be a common strategy for startups aiming for success.
Through innovation, technology and novel approaches to customer service or product delivery, startups can quickly garner attention and loyalty from customers who may be dissatisfied with the status quo offered by established competitors. This can result in a shift in market share, and a realignment in what customers perceive as valuable in the industry.
Established competitors will then be forced to adapt and evolve in order to remain competitive. In fact, in many cases, the incumbents may even acquire or invest in the startups to stay ahead of the curve.
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How is Tulsa Burning- a case study in cultural amnesia?
Group of answer choices
Until recently most white Tulsans refuse to acknowledge the tragedy
Since most books don't include it, most Tulsans don't believe it happened.
older black family members refuse to discuss it with their children
all residents of Tulsa want to forget the past and move forward
Tulsa Burning is a case study in cultural amnesia for several reasons: until recently, most white Tulsans refused to acknowledge the tragedy. The correct option is A.
It is leading to a collective denial and erasure of this important historical event. This refusal to acknowledge the event has contributed to the cultural amnesia surrounding the Tulsa Race Massacre.
Second, since most books and educational materials do not include information about the Tulsa Race Massacre, many Tulsans are not aware of its occurrence (B). This lack of education and awareness further perpetuates the cultural amnesia surrounding this tragic event.
Third, older Black family members may refuse to discuss the tragedy with their children (C), possibly due to the trauma and pain associated with the event. This reluctance to discuss the past contributes to the ongoing cultural amnesia, as younger generations may not learn about the event from their families.
Lastly, there may be a desire among all residents of Tulsa to forget the past and move forward (D). This could be due to feelings of guilt, shame, or simply a desire to put a painful past behind them. However, this collective desire to forget the past also contributes to the cultural amnesia surrounding the Tulsa Race Massacre.
In conclusion, Tulsa Burning serves as a case study in cultural amnesia due to the refusal of many white Tulsans to acknowledge the tragedy, the lack of information about the event in educational materials, the reluctance of older Black family members to discuss it, and the desire of all residents to forget the past and move forward.
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Complete question:
How is Tulsa Burning- a case study in cultural amnesia?
A. Until recently most white Tulsans refuse to acknowledge the tragedy
B. Since most books don't include it, most Tulsans don't believe it happened.
C. older black family members refuse to discuss it with their children
D. all residents of Tulsa want to forget the past and move forward
landing area, aircraft aprons and parking areas, and airline terminal buildings are examples of what aspect of the financial plan?
The landing area, aircraft aprons and parking areas, and airline terminal buildings are examples of the infrastructure aspect of the financial plan.
Infrastructure refers to the physical assets that are required to support the operations of an organization. In the case of an airport, the landing area, aircraft aprons, and parking areas are necessary for the arrival, departure, and parking of aircraft. The airline terminal building is required for the processing of passengers and baggage, as well as for the provision of retail and food services.
The development and maintenance of airport infrastructure is a significant part of the financial plan for an airport. Airports must allocate funds for the construction, repair, and maintenance of runways, taxiways, aprons, and parking areas. Similarly, funds must be allocated for the construction, maintenance, and upgrade of terminal buildings, including facilities such as security screening, check-in counters, baggage handling systems, and retail and food outlets.
Infrastructure investments can be significant and can have long-term impacts on an airport's financial performance. The financial plan must account for the costs of infrastructure development and maintenance, as well as the potential revenue streams associated with improved facilities. By investing in infrastructure, airports can attract new airlines and increase the number of passengers they serve, leading to increased revenue and financial sustainability.
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When participants in the economy are able to adjust their expectations regarding inflation, this a. encourages households to save. b. discourages capital investment. c. promotes increased productivity.
d. dampens the effects of monetary policy. e. makes interest rates less important.
When participants in the economy are able to adjust their expectations regarding inflation, this dampens the effects of monetary policy. The correct answer is option d.
When individuals, households, and businesses can anticipate the direction and magnitude of future inflation, they are likely to adjust their behavior in response to those expectations.
This means that if they expect prices to increase, they may be more likely to spend their money sooner rather than later, or they may negotiate higher wages to compensate for the anticipated increase in the cost of living.
These adjustments can offset the impact of monetary policy aimed at influencing the economy through changes in interest rates or the money supply.
When expectations are stable and predictable, however, it can make it easier for the central bank to achieve its monetary policy objectives, as it helps to avoid sudden shifts in behavior that can create instability in the economy.
The correct answer is option d.
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In the Keynesian model, an increase in real autonomous spending results in a greater increase in real Gross Domestic Product (GDP) if A. the marginal propensity to consume (MPC) is higher.
B. the average propensity to save (APS) is lower. T
C. he marginal propensity to consume (MPC) is lower D. the average propensity to save (APS) is higher.
B) if the average propensity to save (APS) is lower, it means that people are saving less of their income and spending more. C) If the MPC is higher, it means that people are spending more of their additional income, which in turn leads to a larger increase in GDP
The APS is the fraction of income that is saved, so a lower APS means a higher MPC. Therefore, both higher MPC and lower APS lead to a greater increase in real GDP in the Keynesian model.
In the Keynesian model, an increase in real autonomous spending results in a greater increase in real Gross Domestic Product (GDP) if A. the marginal propensity to consume (MPC) is higher.
This is because a higher MPC means that a larger proportion of additional income is spent on consumption, leading to a greater multiplier effect and a more significant increase in GDP.
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Display advertisers can choose from all of the following bidding methods, except cost-per-mille O Cost-per-ad O cost-per-click O cost-per-acquisition
Cost-per-mille (CPM) is not a bidding method for display advertising. CPM is a pricing model in which advertisers pay a fixed cost for every one thousand impressions of their advertisement.
What is bidding?Bidding is the process of making an offer or requesting a price for goods and services in an auction-like setting. It is typically used in a competitive environment where multiple parties are vying for a particular item or service. Bidding can be done online, in person at an auction house, or through a broker. The highest bidder is usually awarded the item or service. Bidding involves a variety of strategies including researching the item or service being offered, researching the auction house or broker, researching the other bidders, and considering the timing of the bid. Bidding also involves understanding the terms of the auction, such as the starting bid, minimum bid increments, and payment terms. Bidding is a common practice in many industries, such as real estate, construction, and automotive.
This model is often used for traditional media such as print, television, and radio and is not an applicable bidding method for display advertising.
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3.A business firm that is regarded as a fictitious legal person is called a
Corporation.
Silent partnership.
Limited proprietorship.
Limited partnership.
Franchise monopoly.
A business firm that is regarded as a fictitious legal person is called a Corporation. A corporation is a legal entity that is separate from its owners, who are called shareholders.
This type of business structure allows the company to exist independently from the individuals involved in its operation, providing limited liability protection for the shareholders.In a corporation, shareholders own the company and have limited liability for its debts and obligations. A silent partnership, limited proprietorship, limited partnership, and franchise monopoly are different types of business structures that offer varying levels of liability protection and management responsibilities.
A silent partnership involves one partner contributing capital while the other manages the business. A limited proprietorship is a single-owner business with limited liability protection. A limited partnership has general partners responsible for management and limited partners who are only financially liable. A franchise monopoly involves a franchisor granting a franchisee the rights to operate a business using the franchisor's brand and business model.
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5. what would be the present value for a company that receives $6,000 per year each of the next five years, with a cost of capital of 6%?
When a 6% cost of capital is applied, the present value of the company's forthcoming cash flows is $24,566.67.
The present value of an annuity is the sum of the discounted cash flows, where the discount rate is equal to the cost of capital.
Using the formula, the present value can be calculated as follows:
[tex]PV= CF \times \frac{[1 - (1 + r)^{(-n)}]}{r}[/tex]
Where:
CF = Cash flow per period = $6,000
r = Discount rate = 6% = 0.06
n = Number of periods = 5
Substituting the values, we get:
PV = $6,000 x [1 - (1 + 0.06)^⁻⁵] / 0.06
PV = $24,566.67
Therefore, the present value of the company's future cash flows is $24,566.67 when discounted at a 6% cost of capital.
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All of the following are challenges firms could face in the implementation of the base of the pyramid (BOP) strategy except:offering affordable goods.nonexistent distribution channels.generating awareness regarding a product.coordinating administrative functions.
The answer to your question is "coordinating administrative functions".
This is because coordinating administrative functions is not a challenge that firms could face in the implementation of the base of the pyramid (BOP) strategy.
The other three options, offering affordable goods, nonexistent distribution channels, and generating awareness regarding a product, are all potential challenges that firms could encounter when implementing the BOP strategy.
These challenges may arise due to the unique characteristics of the BOP market, such as low purchasing power and limited access to resources. However, coordinating administrative functions is not typically considered a challenge specific to the BOP strategy.
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how did amazon initially try to help customers find titles in its large catalog of books?
Amazon initially used a recommendation system that analyzed customer behaviour and purchase history to suggest books they might be interested in.
In the beginning, Amazon employed a recommendation system to assist users in finding books in its vast library. This system looked into client purchasing patterns and behaviour to make book recommendations. Additionally, customers have the option of searching for books using ISBNs, author names, or keywords. Customers could also explore books on Amazon by genre and category.
To assist consumers in making more informed judgements about their purchases, Amazon added tools like user reviews and ratings as its product selection expanded. These early initiatives paved the way for Amazon's development into other product categories and helped it become the market leader in online book sales.
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Whatever type of audience you face, your presentation should focus on audience determine what's in it for them. to help the people present a) questions b) demographics c) attitudes d) benefits
d) Benefits. When presenting to any type of audience, it's essential to focus on what's in it for them, which means highlighting the benefits they will receive from the presentation content.
This can be achieved by clearly explaining how the information or proposal being presented will address their needs, solve their problems, or provide value to them. By emphasizing the benefits, you can capture the audience's attention and engage them in the presentation. It's important to understand the audience's demographics (e.g., age, gender, occupation, etc.), attitudes (e.g., interests, preferences, beliefs), and questions to tailor the presentation to their specific needs and interests, ultimately leading to a more effective and impactful presentation.
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in 2009, the u.s. government spent $1.4 trillion more than it collected in taxes. this deficit was about:
In 2009, the U.S. government spent $1.4 trillion more than it collected in taxes. This deficit was about 9.8% of the United States' Gross Domestic Product (GDP) for that year.
The federal budget deficit is the amount by which the government's total budget outlays exceed its total receipts in a fiscal year. In 2009, the government's total outlays were $3.5 trillion, while its total receipts were $2.1 trillion.
This resulted in a deficit of $1.4 trillion, which was the largest deficit relative to GDP since World War II.
The causes of the deficit in 2009 were primarily the result of the financial crisis and the Great Recession, which led to lower tax revenues and increased government spending on programs such as unemployment insurance and stimulus measures.
The government's response to the crisis helped to stabilize the economy, but it also led to a significant increase in the national debt.
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1) Explain why poor countries in warmer climates tend to face heavier consequences of global warming.2) To what extent should developed countries take responsibility for measures to correct the problems of global warming?3) Identify a country that has already begun to be affected by global warming. Research the potential consequences.
1) Poor countries in warmer climates tend to face heavier consequences of global warming due to several reasons. Firstly, they have limited resources to cope with the impacts of global warming such as extreme weather events, rising sea levels, and droughts. Se
condly, they heavily rely on agriculture and natural resources for their economy, which are highly vulnerable to the effects of global warming. Finally, these countries often have inadequate infrastructure and healthcare systems, which make them more susceptible to the spread of diseases and waterborne illnesses that can occur as a result of global warming.
2) Developed countries should take significant responsibility for measures to correct the problems of global warming. These countries have historically been the largest contributors to greenhouse gas emissions that cause global warming, and have also benefited from industrialization and economic growth that has caused much of the damage. Therefore, developed countries should lead efforts to reduce emissions, promote sustainable development, and provide resources and support for poor countries to cope with the impacts of global warming.
3) The Maldives is a country that has already begun to be affected by global warming. This island nation is particularly vulnerable to rising sea levels, which threaten to submerge the entire country. The Maldives has already experienced several instances of flooding, which have damaged infrastructure, homes, and public services. In addition, the country is experiencing more frequent and severe storms, which have disrupted tourism and fishing industries. If the situation continues, the Maldives could face significant economic and social consequences, including displacement of its population and loss of its cultural heritage.
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stakeholders of successful crisis management include customers, employees, and owners. group of answer choices true false
The statement "stakeholders of successful crisis management include customers, employees, and owners" is true.
Stakeholders are individuals or groups who have an interest in the success of an organization or project. In the context of crisis management, various stakeholders play a critical role in ensuring the organization effectively handles and recovers from a crisis situation. The primary stakeholders in this scenario are customers, employees, and owners.
Customers are essential stakeholders in successful crisis management because they directly affect the organization's revenue and reputation. Addressing their concerns and ensuring their satisfaction during a crisis is crucial for maintaining their trust and loyalty.
Providing timely, accurate, and transparent information can help alleviate their concerns and keep them engaged with the organization.
Employees are another critical group of stakeholders, as they are responsible for carrying out the organization's operations and representing the organization to the public. In a crisis, employees need clear communication, guidance, and support from management to successfully navigate the situation.
Ensuring their well-being and providing them with the necessary resources can help maintain employee morale and productivity.
Owners, which can include shareholders, investors, or proprietors, have a vested interest in the organization's performance and long-term stability. A well-executed crisis management plan can protect their investment and minimize financial losses.
Engaging with these stakeholders and keeping them informed of the organization's actions and strategies during a crisis can help maintain their confidence and support.
In conclusion, stakeholders of successful crisis management, including customers, employees, and owners, play vital roles in the organization's ability to effectively navigate a crisis. Each group contributes to the organization's recovery and long-term success, making their involvement crucial in crisis management situations.
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For the purpose of applying pay policies, this term refers to the groupings of jobs based on compensable factors.A) market linesB) market-competitive pay structuresC) pay gradeD) pay ranges
For the purpose of applying pay policies, the term "pay grade" refers to the groupings of jobs based on compensable factors. The correct answer is C.
Pay grades are established by organizations to ensure that jobs with similar responsibilities and compensable factors, such as skills, experience, and knowledge, are placed within the same range of pay. This helps maintain fairness and consistency in employee compensation.To create pay grades, organizations first evaluate each job based on compensable factors and assign a point value. These point values are then used to place jobs into their appropriate pay grades. Once the pay grades are established, organizations can develop pay ranges, which are the minimum and maximum pay rates for each grade. Market-competitive pay structures and market lines are used to ensure that the pay ranges are competitive with the external market.In summary, pay grade is the term used for the grouping of jobs based on compensable factors for the purpose of applying pay policies. This process ensures fairness, consistency, and competitiveness in employee compensation.For more such question on pay policies
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While ducks were evolving webbed feet:
(a) With each generation, most ducks had about the same amount of webbing on their feet as their parents.
(b) With each generation most ducks had a tiny bit more webbing on their feet than their parents.
Which is correct? Are both correct?
Based on the process of evolution, option (b) is more likely to be correct. As ducks evolved, those with slightly more webbing on their feet would have had an advantage in swimming and survival, passing on their genes for slightly more webbed feet to their offspring.
Over time, this could lead to a gradual increase in the amount of webbing on duck feet in each generation. However, it is important to note that evolution is a complex process and there may be variations within a population, so it is possible that both options could be observed in different groups of ducks. Option B is the right one.
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Asset turnover A company reports the following: Sales $966,600 Average total assets (excluding long-term investments) 537,000 Determine the asset turnover ratio. If required, round your answer to one decimal place.
The asset turnover ratio, given the sales and average total assets of a company, is 1.8.
Asset turnover ratio is the ratio of total sales to the average assets. To determine the asset turnover ratio, you need to use the formula:
Asset Turnover = Sales / Average Total Assets
In this case, the company reports Sales of $966,600 and Average Total Assets (excluding long-term investments) of $537,000.
Now, plug these values into the formula:
Asset Turnover = $966,600 / $537,000
Asset Turnover ≈ 1.8 (rounded to one decimal place)
So, the asset turnover ratio for this company is approximately 1.8, given a sale of $966,600 and average total assets (excluding long-term investments) of $537,000.
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If the economy is experiencing a recessionary gap and the government wants to accelerate the adjustment to the long-run equilibrium, it should O A. increase aggregate supply by increasing government spending or lowering taxes. B. increase aggregate supply by cutting government spending or raising taxes. C. reduce aggregate demand by cutting government spending or raising taxes. D. increase aggregate demand by increasing government spending or cutting taxes.
If there is a recessionary gap in the economy and the government wishes to hasten the return to the long-run equilibrium, it should decrease government expenditure or hike taxes to lower aggregate demand. Option C is Correct.
When a nation's real GDP is lower than its GDP at full employment, there is a recessionary gap, also known as a contractionary gap. When real wages reach equilibrium and the amount of labour required and supplied are equal, recessionary gaps close.
Increasing government spending, lowering taxes, or expanding government transfers are examples of expansionary fiscal policy instruments. Any of these actions will raise aggregate demand, which will enhance output, employment, and price level. Option C is Correct.
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The following information pertains to Qdobe Corporation’s defined benefit pension plan for 2020.Service cost $384,000Actual and expected gain on plan assets 84,000Actuarial loss on PBO incurred during 2020 96,000Amortization of unrecognized prior service cost 12,000Annual interest on pension obligation 120,000What amount should Qdobe report as pension expense in its 2020 income statement? Assume no beginning balance in Accumulated OCI—Pension Gain/Loss.Pension expense, 2020 AnswerPLEASE EXPLAIN THE NUMBERS USED IN YOUR COMPUTATION. THE ANSWER IS NOT $528,000!!! PREVIOUS GOT THIS ANSWER AND IT IS WRONG
To calculate the pension expense for Qdobe Corporation's defined benefit pension plan in 2020, we need to consider several components based on the given information:
Service Cost: The cost of providing pension benefits to employees during the year, which is $384,000.
Actual and Expected Gain on Plan Assets: The gain on the plan assets, which is $84,000. This represents the difference between the actual return on plan assets and the expected return on plan assets.
Actuarial Loss on PBO: The loss incurred on the projected benefit obligation (PBO) during 2020, which is $96,000. This represents the change in the estimated future benefit obligation based on updated actuarial assumptions.
Amortization of Unrecognized Prior Service Cost: The amortization of prior service cost, which is $12,000. This represents the systematic recognition of past service cost over the employees' remaining service period.
Annual Interest on Pension Obligation: The interest cost on the projected benefit obligation, which is $120,000. This represents the interest expense incurred on the PBO during the year.
The pension expense for 2020 can be calculated as the sum of these components:
Pension Expense = Service Cost + Actual and Expected Gain on Plan Assets - Actuarial Loss on PBO + Amortization of Unrecognized Prior Service Cost + Annual Interest on Pension Obligation
= $384,000 + $84,000 - $96,000 + $12,000 + $120,000
= $504,000
Therefore, Qdobe Corporation should report a pension expense of $504,000 in its 2020 income statement.
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colonialism is most appropriately described as the practice by which a nation-state extends political, economic, and military power beyond its own borders over an extended period of time to secure access to:____.
Colonialism is most appropriately described as the practice by which a nation-state extends political, economic, and military power beyond its own borders over an extended period of time to secure access to resources and markets.
Colonialism refers to the practice of a nation- state exerting political, economic, and military control over habitats and peoples outside its own borders. The main purpose of colonialism is to secure access to fund, labor and demands for the colonizing power. This is frequently achieved through the establishment of colonies or the direct or circular control of homes. Colonialism has had profound impacts on both the colonizing and colonized societies, shaping their political, profitable and social structures and leading to conflicts, exploitation and resistance.
Colonialism has largely declined as a global practice its legacies continue to impact the contemporary world, particularly in the areas of inequality, development and global power relations.
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if the future value of an ordinary, 5-year annuity is $100,000 and interest rates are 5 percent, what is the future value of the same annuity due?
The future value of the same annuity due is approximately $105,000.
An ordinary annuity has payments made at the end of each period, while an annuity due has payments made at the beginning of each period.
Now, let's calculate the future value of the annuity due, given that the future value of the ordinary annuity is $100,000 and the interest rate is 5 per cent.
Step 1: Determine the future value factor of the ordinary annuity.
Future Value of Ordinary Annuity (FVOA) = $100,000
Interest Rate (r) = 5% = 0.05
Number of Periods (n) = 5 years
Step 2: Use the FVOA formula to find the annuity payment (PMT).
FVOA = PMT * [(1 + r)ⁿ - 1] / r
$100,000 = PMT * [(1 + 0.05)⁵ - 1] / 0.05
PMT = $18,039.37 (approx.)
Step 3: Calculate the future value of the annuity due (FVAD).
FVAD = PMT * [(1 + r)ⁿ - 1] / r * (1 + r)
FVAD = $18,039.37 * [(1 + 0.05)⁵ - 1] / 0.05 * (1 + 0.05)
FVAD = $105,000 (approx.)
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Q4.22. A researcher is studying the global biogeochemical cycling of a particular nutrient, and she has determined that its storage rate in the oceanic subsystem is -10 Pgy. What can she conclude based on this observation? Use the dropdowns below to complete your answer. The oceanic nutrient pool size is , and because Earth's global biogeochemical cycles are , the size of this nutrient's pools in one or more of Earth's other subsystems (besides the ocean) must also be changing. Reset
The oceanic nutrient pool size is decreasing by 10 Pgy, and because Earth's global biogeochemical cycles are interconnected, the size of this nutrient's pools in one or more of Earth's other subsystems (besides the ocean) must also be changing.
The researcher can conclude that the oceanic nutrient pool size is decreasing at a rate of -10 Pgy. This means that the amount of this particular nutrient stored in the oceans is decreasing by 10 petagrams (10 trillion kilograms) per year. Since Earth's global biogeochemical cycles are closed systems, the decrease in the oceanic nutrient pool size suggests that the size of this nutrient's pools in one or more of Earth's other subsystems (besides the ocean) must also be changing. In other words, there must be some other process(es) that are either adding or removing this nutrient from other reservoirs, such as the atmosphere, land, or biosphere. The researcher would need to conduct further investigations to identify these processes and understand their implications for the global biogeochemical cycling of this nutrient.
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what are the 5 components of StarGuard rick management model?
The StarGuard Risk Management Model is a comprehensive framework designed to manage and minimize risk in aquatic environments. It consists of five components:
Prevention: This component emphasizes proactive measures to prevent accidents and injuries, such as training and education for lifeguards, regular maintenance of equipment and facilities, and implementation of safety policies and procedures.
Surveillance: This component involves ongoing monitoring of the aquatic environment, including lifeguard surveillance, surveillance equipment such as cameras or alarms, and regular water quality testing.
Response: This component focuses on timely and effective response to emergencies, including proper emergency action plans, first aid and CPR training, and effective communication protocols.
Management: This component encompasses overall management of the aquatic environment, including risk assessment and planning, documentation and record keeping, and regular reviews of policies and procedures.
Evaluation: This component involves ongoing evaluation of the risk management program to ensure it is effective and responsive to changing conditions, including regular reviews of incidents, feedback from staff and customers, and ongoing training and education.
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QUESTION 12
When conducting a vertical analysis on a balance sheet and utilizing the common-size percentage formula, the "base amount" used for calculating the liabilities is:
Total liabilities and stockholders’ equity
Total stockholders’ equity
Total liabilities
Total Current Liabilities
None of the above
When conducting a vertical analysis on a balance sheet and utilizing the common-size percentage formula, the "base amount" used for calculating the liabilities is Total liabilities and stockholders' equity.
Vertical analysis is a technique used to analyze a company's financial statements, and the common-size percentage formula is used to calculate the proportion of each account to the total assets or liabilities and stockholders' equity. When conducting a vertical analysis on a balance sheet, the base amount used for calculating the liabilities is the total liabilities and stockholders' equity, which represents the sources of financing for a company's assets. This approach helps investors and analysts evaluate a company's financial stability and ability to pay its debts. By expressing each individual liability account as a percentage of the total liabilities and stockholders' equity, a relative size comparison can be made.
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at the end of a project, the equipment purchased at the beginning is expected to have a positive market value that is greater than the book value. how should the salvage value affect terminal cash flows?
The salvage value of the equipment, which is the estimated market value of the equipment at the end of its useful life, should be included as a positive terminal cash flow when evaluating the project.
Salvage value, also known as residual value, is the estimated value of an asset at the end of its useful life or the end of its lease term. In business, it is the value of an asset after it has been fully depreciated or written off.
Salvage value is an important consideration in accounting and finance because it affects the amount of depreciation expense that can be claimed each year for tax purposes. A higher salvage value means that less depreciation expense is recognized each year, resulting in a lower tax liability. Salvage value is determined by factors such as the condition of the asset, its age, and the demand for similar used assets in the market.
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Meghan Banks began her first day of employment with the Castro Benende Corporation three weeks ago as the vice president of human resources. During her final interview, the partners of the corporation informed her that the organization needed a human resource professional equipped with the knowledge, skills and abilities to identify, manage and mitigate the human resource risk management issues within the corporation in addition to normal HR duties
During her first week of employment, Meghan conducted a SWOT Analysis of the corporation, reviewed the results and decided to take action. She scheduled a meeting with each department supervisor and advised of the risk management issues on campus. She also informed everyone that she was creating a safety committee, an employee wellness program, and developing a human resource risk management plan.
After explaining the urgency of the corporation’s HR risks, she asked supervisors to volunteer to join the safety committee or the employee wellness planning committee. She also asked supervisors to identify six-hourly employees to serve on the committees. One week later she follow-up with each supervisor and asked if they would serve on one of the committees and everyone declined. In addition, the supervisors agreed that hourly employees should not be involved in management related decisions.
If you were in Meghan’s position, what would you do? Your response should incorporate the issues at Castro Benende Corporation and the role of a human resource risk management professional managing safety and health in the workplace.
As a human resource risk management professional, Meghan would need to carefully address the issues at Castro Benende Corporation regarding the reluctance of supervisors to participate in the safety committee and employee wellness planning committee, as well as the concern about hourly employees being involved in management decisions.
First, Meghan could conduct individual meetings with the supervisors to understand their reasons for declining and address any concerns they may have. She could emphasize the importance of their involvement in managing safety and health in the workplace, and the benefits of proactive risk management for the organization and its employees.
If the supervisors remain reluctant, Meghan could explore alternative approaches, such as providing additional training or resources to support their participation in the committees, or identifying other qualified individuals who could serve as representatives from each department. She could also highlight the potential positive impact of involving hourly employees in safety and wellness initiatives, such as increased employee engagement, motivation, and ownership of workplace safety.
Additionally, Meghan could work on developing a comprehensive human resource risk management plan that includes strategies for addressing safety and health concerns, and present it to the partners of the corporation to gain their support and endorsement. She could also collaborate with other departments, such as operations and legal, to ensure a holistic approach to risk management and foster a culture of safety throughout the organization.
In summary, Meghan would need to proactively address the reluctance of supervisors to participate in risk management committees, while also considering the concerns about hourly employees' involvement in management decisions. She would need to leverage her expertise as a human resource risk management professional to develop strategies that promote safety and health in the workplace and gain support from the partners and other stakeholders at Castro Benende Corporation.
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tervis sells $4,200 of its accounts receivable to amazon in order to obtain necessary cash. amazon charges a 3% factoring fee. what entry should tervis make to record the transaction?
The entry that Tervis should make to record the transaction is: Debit: Cash $4,074 (the amount received after factoring fee deduction), Debit: Factoring fee expense $126, Credit: Accounts receivable $4,200.
This entry reflects the fact that Tervis receives $4,200 in cash from Amazon, but pays a factoring fee of 3% of the receivables amount, or $126. Tervis must also reduce its accounts receivable balance by the amount sold to Amazon.
Factoring is a process of selling accounts receivable to a third party in exchange for cash. In this case, Tervis sold $4,200 of its accounts receivable to Amazon and received cash in exchange. As a result, Tervis needs to record the transaction in its accounting books. The entry would involve crediting the accounts receivable account for the $4,200 sold, debiting cash for the amount received (which would be $4,200 - 3% factoring fee), and debiting a loss account for the factoring fee. The factoring fee is the cost of factoring, which in this case is 3% of the $4,200 or $126.
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the tools of strategy can help social value organizations because
The tools of strategy can help social value organizations because they provide a clear and structured approach to achieving their mission. By using strategic planning tools, these organizations can identify their core strengths, weaknesses, opportunities, and threats (SWOT analysis), enabling them to leverage their resources more effectively.
Additionally, strategic tools help in setting measurable objectives, which are crucial for tracking progress and ensuring that social value organizations are making a real impact. These objectives can be developed using the SMART (Specific, Measurable, Achievable, Relevant, Time-bound) criteria, ensuring that goals are clear and realistic.Moreover, strategic tools such as Porter's Five Forces and PESTLE analysis allow social value organizations to evaluate their external environment, helping them understand the factors that can affect their operations and make informed decisions to minimize risks.
Furthermore, by utilizing the Balanced Scorecard, social value organizations can align their activities with their mission and vision, while measuring performance across financial, customer, internal processes, and learning and growth perspectives. This ensures a holistic approach to performance management.Finally, strategic tools like scenario planning enable social value organizations to anticipate future challenges and develop contingency plans to address them proactively, ensuring long-term sustainability and success.
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Does a captive center resolve the concerns managers have about outsourcing to a third party vendor? Why or why not
Yes, a captive center can resolve the concerns that managers have about outsourcing to a third-party vendor. A captive center is a type of outsourcing model where a company sets up its own subsidiary in a foreign location and operates it as an extension of its own business.
In this model, the managers can have more control over the operations and can ensure that the quality of work is maintained to the company's standards. Captive centers also provide the benefit of cost savings and access to a skilled workforce.
Overall, a captive center can alleviate the concerns managers may have about outsourcing to a third-party vendor by providing more control, cost savings, and access to skilled workers.
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The entry to record a sale of $900 with terms of 2/10, n/30 will include a A) credit to Sales Discounts for $18. B) debit to Cash for $882. C) credit to Accounts Receivable for $900 D) credit to Sales Revenue for $900
The entry to record a sale of $900 with terms of 2/10, n/30 will include: a credit to Accounts Receivable for $900 and a credit to Sales Revenue for $900. The correct option is C and D.
1. When the sale is made, you need to record the revenue and the amount owed by the customer. To do this, you will debit Accounts Receivable for the full amount of the sale ($900) to show that the customer now owes you money.
2. Next, you will credit Sales Revenue for the same amount ($900) to reflect the increase in revenue due to the sale. This entry recognizes the revenue earned, regardless of the payment terms.
3. When the customer pays within the 2/10 discount period, you will then record the cash received and any applicable discounts. In this case, the customer would receive a 2% discount on their $900 purchase, which amounts to an $18 discount. Therefore, the customer would pay $882 ($900 - $18).
4. To record the customer's payment, you would debit Cash for $882 (the amount received) and debit Sales Discounts for $18 (the discount given). Finally, you would credit Accounts Receivable for the full $900 to clear the outstanding balance.
In summary, the initial entry to record a sale of $900 with terms of 2/10, n/30 will include a credit to Accounts Receivable for $900 and a credit to Sales Revenue for $900.
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Complete question:
The entry to record a sale of $900 with terms of 2/10, n/30 will include a
A) credit to Sales Discounts for $18.
B) debit to Cash for $882.
C) credit to Accounts Receivable for $900
D) credit to Sales Revenue for $900
In Johari window, what does feedback from others help us to do?
Increase our open area by reducing our blind area.
Increase our unknown area by reducing our hidden area.
Decrease our open area by increasing our amount of disclosure.
Increase our open area by reducing our unknown area.
According to the Johari Window model, receiving input from others enables us to reduce our blind area and so enhance our open area. The right response in this case is option A. Here option A is the correct answer.
The Johari Window is a tool used to improve self-awareness and communication skills in individuals and groups. It consists of four quadrants, each representing a different aspect of our personality: the open area, the hidden area, the blind area, and the unknown area.
The open area is the part of ourselves that we are aware of and share with others. The hidden area is the part of ourselves that we are aware of but do not share with others. The blind area is the part of ourselves that others see but we are not aware of. The unknown area is the part of ourselves that neither we nor others are aware of.
When we receive feedback from others, we can gain insight into our blind spots and reduce our blind areas. By listening to others and considering their perspective, we can gain a better understanding of how we are perceived by others and adjust our behavior accordingly. This allows us to increase our open area, which can lead to better communication and relationships with others.
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Complete question:
In the Johari window, what does feedback from others help us to do?
A - Increase our open area by reducing our blind area.
B - Increase our unknown area by reducing our hidden area.
C - Decrease our open area by increasing our amount of disclosure.
D - Increase our open area by reducing our unknown area.
