Efficiency is crucial for wholesalers in the Western Canadian market to streamline operations, minimize costs, and maximize productivity, thereby enhancing their competitive advantage.
The Diamond-E framework is a business framework that aims to assist firms in developing strategies to achieve a competitive advantage. It stands for Environment, Effectiveness, Efficiency, and Excellence. A wholesaler can use this framework to develop a competitive strategy for the Western Canadian market.
Environment: The environment refers to the macro-environment and includes factors such as technological advancements, demographics, political and legal factors, social and cultural factors, economic factors, and environmental factors.
A wholesaler operating in the Western Canadian market must be aware of the regulatory framework in place to operate in this region. The wholesaler must develop a comprehensive understanding of the environmental factors and incorporate these factors in their strategic plan to achieve success in this market.
Effectiveness: Effectiveness refers to how well the wholesaler can meet the needs of its customers. To be effective, the wholesaler must ensure that it offers high-quality products at reasonable prices. They must also have efficient distribution channels, ensuring that products reach customers on time.
The wholesaler must offer a range of products to cater to a broad range of customers in the Western Canadian market. Efficiency: Efficiency refers to the ability of the wholesaler to produce goods and services cost-effectively.
To learn more about efficiency
https://brainly.com/question/27870797
#SPJ11
social media differs from traditional media, in that social media: a. is not labor intensive b. consists of 80% planning and 20% execution and management c. does not bring with large media cost d. is not resource intensive e. sites are paid for
Social media differs from traditional media, in that social media consists of 20 percent planning and 80 percent execution and management.
Newspapers, periodicals, radio, TV, and other traditional media are included. Social media, on the other hand, refers to websites like LinkedIn. But the truth is different. Only when the word "social media" is broken down into its two constituent components can the true meaning be understood.
Social refers to individuals interacting with one another (personally or professionally). A social network or platforms are implied by the term "media." It implies that both conventional media and contemporary media, or social networking sites, may be somewhat regarded as social media. However, social media does not include all forms of conventional media. We are comparing conventional media with social media in this blog post to help clear up any misunderstandings.
Learn more about Media here:
https://brainly.com/question/27175118
#SPJ4
The complete question is, "Social media differs from traditional media, in that social media:
A. brings with it large media costs.
B. consists of 20 percent planning and 80 percent execution and management.
C. limits creativity.
D. sites are paid for.
E. is not labor- and resource-intensive"
Weighted Average Cost of Capital and Net Present Value Analysis
Manchester Company is considering a proposal to purchase special equipment at a cost of $720,000. The equipment will be useful for five years and has an expected $75,000 salvage value. Manchester expects annual savings in cash operating expenses (before taxes) of $245,000. For tax purposes, the annual depreciation deduction will be as follows (salvage value is ignored on the tax return):
Year 1 $90,000
Year 2 180,000
Year 3 180,000
Year 4 180,000
Year 5 90,000
The income tax rate is 40%.
Manchester establishes a cutoff rate for a net present value analysis at the company's weighted average cost of capital plus 2 percentage points. Manchester's capital is provided in the following proportions: debt, 70%; common stock, 20%; and retained earnings, 10%. The cost rates for these capital sources are debt, 8%; common stock, 12%; and retained earnings, 10%.
a. Compute Manchester's (1) weighted average cost of capital and (2) cutoff rate.
Round answers to one decimal place. For example, 0.4567 = 45.7%.
Weighted Average Cost of Capital
Debt AnswerCorrect
%
Common stock AnswerCorrect
%
Retained earnings AnswerCorrect
%
(1) Weighted avg. cost of capital AnswerCorrect
%
(2) Manchester's cut off rate: AnswerCorrect
%
b. Using Manchester's cutoff rate, compute the net present value of this capital expenditure proposal.
Round answers to the nearest whole number. Use rounded answers for subsequent calculations. Use a negative sign with net present value to indicate a negative amount. Otherwise do not use negative signs with your answers.
After-Tax Cash Flow Analysis
Amount Present Value
After-tax cash expense savings $AnswerCorrect
$AnswerCorrect
Tax savings from depreciation Year 1 AnswerCorrect
AnswerCorrect
Year 2 AnswerCorrect
AnswerCorrect
Year 3 AnswerCorrect
AnswerCorrect
Year 4 AnswerCorrect
AnswerCorrect
Year 5 AnswerCorrect
AnswerCorrect
After-tax equipment sale proceeds AnswerIncorrect
AnswerIncorrect
Total present value of future cash flows AnswerIncorrect
Investment required in equipment AnswerCorrect
Net positive (negative) present value $AnswerIncorrect
a. The Weighted Average Cost of Capital (WACC) is 9.0% and Cutoff Rate is 11.0%. b. The Net Present Value (NPV) is $501,300. The net present value analysis suggests that the capital expenditure proposal has a positive NPV of $501,300, indicating that the investment is expected to generate value for Manchester Company. Since the NPV is positive, it implies that the project is expected to yield a return higher than the required cutoff rate, making it a potentially profitable investment for the company.
a. Weighted Average Cost of Capital (WACC):
Debt: 70% * 8% = 5.6%
Common Stock: 20% * 12% = 2.4%
Retained Earnings: 10% * 10% = 1.0%
WACC = 5.6% + 2.4% + 1.0% = 9.0%
Cutoff Rate = WACC + 2% = 9.0% + 2% = 11.0%
b. Net Present Value (NPV) Calculation:
Year 1:
After-tax cash expense savings: $245,000
Tax savings from depreciation: $90,000 * 40% = $36,000
Net cash flow: $245,000 + $36,000 = $281,000
Present value at 11% cutoff rate: $281,000 / (1 + 0.11) = $253,153
Year 2:
After-tax cash expense savings: $245,000
Tax savings from depreciation: $180,000 * 40% = $72,000
Net cash flow: $245,000 + $72,000 = $317,000
Present value at 11% cutoff rate: $317,000 / (1 + 0.11)² = $249,461
Year 3:
After-tax cash expense savings: $245,000
Tax savings from depreciation: $180,000 * 40% = $72,000
Net cash flow: $245,000 + $72,000 = $317,000
Present value at 11% cutoff rate: $317,000 / (1 + 0.11)³ = $246,176
Year 4:
After-tax cash expense savings: $245,000
Tax savings from depreciation: $180,000 * 40% = $72,000
Net cash flow: $245,000 + $72,000 = $317,000
Present value at 11% cutoff rate: $317,000 / (1 + 0.11)⁴ = $243,004
Year 5:
After-tax cash expense savings: $245,000
Tax savings from depreciation: $90,000 * 40% = $36,000
Net cash flow: $245,000 + $36,000 = $281,000
Present value at 11% cutoff rate: $281,000 / (1 + 0.11)⁵ = $197,817
After-tax equipment sale proceeds: $75,000 * (1 - 0.4) = $45,000
Present value at 11% cutoff rate: $45,000 / (1 + 0.11)⁵ = $31,689
Total present value of future cash flows: $253,153 + $249,461 + $246,176 + $243,004 + $197,817 + $31,689 = $1,221,300
Investment required in equipment: $720,000
Net present value: $1,221,300 - $720,000 = $501,300 (rounded to the nearest whole number)
To know more about Weighted Average Cost of capital refer here
brainly.com/question/30746642
#SPJ11
The youngest of Gen X are now in their late 20s late 30s late 40s late 50s early 60s
The main answer is late 40s.The exact age range of Gen X may differ slightly depending on the specific criteria used to define generations, but generally, individuals in their late 40s are considered part of the Gen X cohort.
Generation X, also known as Gen X, refers to the generation born between the early 1960s and early 1980s. Considering the current year, if we assume that the youngest members of Gen X are currently in their late 40s, it implies that the range of ages for this generation spans from the late 40s to the early 60s. This aligns with the given information that the youngest of Gen X are now in their late 20s, late 30s, late 40s, late 50s, or early 60s. Therefore, the main answer is late 40s.
It's important to note that generational definitions and age ranges can vary slightly depending on different sources and perspectives. However, based on the commonly accepted generational definitions, the main answer of Gen X being in their late 40s is a widely recognized approximation.
To learn more about cohort : brainly.com/question/31064066
#SPJ11
What starts to happen to unemployment and inflation after a recession? Select one: A. Inflation falls, and unemployment falls. B. Inflation rises, and unemployment falls. C. Inflation does not change, and unemployment rises.
After a recession, inflation and unemployment tend to start to move in opposite directions is option B. Inflation rises, and unemployment falls.
A recession is a period of economic decline characterized by a contraction in gross domestic product (GDP) for two or more consecutive quarters. A recession occurs when the economy stops growing and begins to decline due to rising unemployment, falling asset prices, and declining consumer and business spending.
Inflation and Unemployment relationship: Inflation and unemployment have a direct relationship, which means they tend to move in the same direction. However, after a recession, inflation and unemployment tend to start moving in opposite directions. After a recession, the economy may begin to recover as businesses begin to hire more people and increase production.
As the number of unemployed people decreases, the demand for goods and services increases, and prices tend to rise. When prices rise, the rate of inflation increases as well. This is why inflation tends to rise after a recession. When the economy begins to recover after a recession, businesses begin to invest more money and hire more workers.
As more people are employed, the number of unemployed people decreases, and the unemployment rate falls. This is why unemployment tends to fall after a recession.The relationship between inflation and unemployment is a key concept in macroeconomics. The inverse relationship between these two variables is known as the Phillips curve.
Know more about gross domestic product here:
https://brainly.com/question/1383956
#SPJ8
Mr. and Mrs. Chaulk have three dependent children, ages 3, 6, and 9. Assume the taxable year is 2021. Required: a. Compute their child credit if AGI on their joint return is $88,300. b. Compute their child credit if AGI on their joint return is $462,700. c. Compute their child credit if AGI on their joint return is $200,000 and assume that they also have one non-child dependent who meets the requirements for the child credit. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute their child credit if AGI on their joint return is $88,300. Child credit $ 6,000 X
The child credit for Mr. and Mrs. Chaulk will be: $9,000 for AGI of $88,300.$4,650 for AGI of $462,700.$8,000 for AGI of $200,000 (assuming one non-child dependent who meets the requirements for the child credit).
Here are the calculations for the child tax credit for Mr. and Mrs. Chaulk with different AGIs:
Required A:
Compute their child credit if AGI on their joint return is
$88,300.AGI = $88,300
Child Tax Credit = $3,000 x 3 children = $9,000
Required B:
Compute their child credit if AGI on their joint return is $462,700.AGI = $462,700
Since the AGI exceeds the phase-out limit of $400,000, the credit will start to phase out.
The phase-out reduces the credit by $50 for every $1,000 above the phase-out limit.
Hence, the credit will be: $2,000 x 3 children = $6,000 ($2000 is the maximum credit per child) $6,000 - ($62,700 ÷ $1,000 x $50) = $4,650
Required C:
Compute their child credit if AGI on their joint return is $200,000 and assume that they also have one non-child dependent who meets the requirements for the child credit.
AGI = $200,000Child Tax Credit = $2,000 x 3 children = $6,000 ($2000 is the maximum credit per child)
Total child tax credit = $6,000 + $2,000 (one non-child dependent who meets the requirements for the child credit) = $8,000
Therefore, the child credit for Mr. and Mrs. Chaulk will be:$9,000 for AGI of $88,300.$4,650 for AGI of $462,700.$8,000 for AGI of $200,000 (assuming one non-child dependent who meets the requirements for the child credit).
Learn more about credit here:
https://brainly.com/question/24272208
#SPJ11
Prepare A Statement of Work (SOW) or Project Charter (PC) for developing a software, building a drone or planning an event.
Note: Please don't give me the instructions or guidelines, provide me the exact answer to the above question. I have posted the above question several times, so I am hoping to get the relevant answer for above question.
Statement of Work for Developing a Software:
The software development project will involve creating a new mobile app for our company to improve customer engagement.
Project Charter for Building a Drone:
The drone project will involve designing and building a new drone model for commercial use.
Project Charter for Planning an Event:
The event planning project will involve organizing and executing a corporate conference for 500 attendees.
Statement of Work for Developing a Software:
This will include identifying user requirements, designing the interface, developing the code, and testing the functionality.
Project Charter for Building a Drone:
This will include conducting market research, identifying customer needs, developing a prototype design, testing the drone's capabilities, and producing a final product.
Project Charter for Planning an Event:
This will include selecting a venue, coordinating with vendors, managing logistics, arranging speakers and presentations, and ensuring a smooth execution of the event.
Learn more about Project here:
https://brainly.com/question/30407333
#SPJ11
Rent reviews are conducted to ensure that the net income adds value to the commercial real estate investment.
True / False
True. Rent reviews are commonly conducted in commercial real estate investments to assess and adjust rental rates periodically.
Purpose of these reviews is to ensure that the net income generated from the property continues to add value to the investment. By evaluating the market conditions, lease terms, and other relevant factors, landlords or property owners can determine if rental adjustments are necessary to maintain a competitive and profitable position in the market. Rent reviews help align the rental income with the prevailing market rates and contribute to the overall financial performance and value of the commercial real estate investment.
Learn more about Income here:
https://brainly.com/question/14732695
#SPJ11
The cost to society resulting from taxation to finance government spending is called: a. GDP. b. third-party payers. C. price transparency. d. price dirscrimination. e. deadweight loss. Clear my choice
The cost to society resulting from taxation to finance government spending is called deadweight loss.
Deadweight loss refers to the economic inefficiency that occurs when resources are not allocated optimally due to distortions in the market caused by taxation. When the government imposes taxes to finance its spending, it creates a burden on individuals and businesses. This burden can lead to changes in behavior, such as reduced consumption or production, as individuals and businesses adjust their activities to minimize the impact of the tax. These adjustments result in a loss of economic efficiency and welfare, known as deadweight loss.
Deadweight loss arises because taxes introduce market distortions that lead to a misallocation of resources. It represents the reduction in total surplus (consumer surplus and producer surplus) in the economy caused by the tax. The larger the tax burden, the greater the deadweight loss. Deadweight loss is a measure of the economic cost or inefficiency resulting from the tax, and it represents the loss of potential gains from trade that could have been realized in the absence of the tax.
Learn more about economy here:https://brainly.com/question/30338652
#SPJ11
Bob the Builder acquires a right to operate a gold mine for 5 years in Northern Ontario on April 1, Year 6 by paying $400,000 and issuing a $600,000, four-year, non-interest-bearing note. According to the terms of the note, Bob has to pay four $150,000 installments at the anniversary of the note, starting April 1, Year 7. At the end of 5th year, Bob is legally required to restore the site and Bob expects to pay $100,000. Since Bob built Bob the Builder-themed playground at the gas station site, the town in Northern Ontario is very excited to have a similar playground in their town. Although not required, Bob knows people expect to have the playground. To Bob’s best estimate, Bob expects to spend $25,000, once the site is restored (To make our lives easier, let’s assume that $25,000 will be spent at the end of 5th year). Out of $100,000 above, the 40 percent is attributable to the acquisition and the rest is attributable to the production of mine. Bob uses straight-line depreciation method and does not adopt any convention for partial-year depreciation. Bob’s fiscal year ends on December 31. Please assume that Bob uses 5% effective interest rate for the above transaction.
(1) Assuming that [1] Bob prepares his financial statements based on IFRS and [2] Bob does not have any other liabilities other than the those from the above transaction, what would be the total interest expense for Year 6?
(2) Assuming that [1] Bob prepares his financial statements based on ASPE and [2] Bob does not have any other liabilities other than the those from the above transaction, what would be the total interest expense for Year 6?
Please show steps, Thank you!
(1) The total interest expense for Year 6 under IFRS would be $20,000.(2) The total interest expense for Year 6 under ASPE would be $0.
(1) Based on the information provided and assuming Bob prepares his financial statements based on IFRS (International Financial Reporting Standards), the total interest expense for Year 6 can be calculated as follows:
The note issued by Bob has a face value of $600,000 and is non-interest bearing. However, it is important to determine the imputed interest rate to properly account for the interest expense.
Since Bob uses a 5% effective interest rate for the transaction, we can calculate the imputed interest by multiplying the carrying amount of the note by the effective interest rate.
The carrying amount of the note on April 1, Year 6, would be the initial payment of $400,000. Therefore, the imputed interest expense for Year 6 would be $400,000 * 5% = $20,000.
Therefore, the total interest expense for Year 6 under IFRS would be $20,000.
(2) Assuming Bob prepares his financial statements based on ASPE (Accounting Standards for Private Enterprises), the treatment of the non-interest bearing note would be different.
Under ASPE, the imputed interest would not be recognized separately. Instead, the non-interest bearing note would be recognized at its present value on the date of acquisition.
In this case, the present value of the note would be calculated by discounting the future cash flows using the effective interest rate of 5%.
The total present value of the note would be $600,000 discounted back to April 1, Year 6, which is the date of acquisition. The calculation would be as follows:
$600,000 / (1 + 5%)^(4 years) = $493,409.98
Therefore, the carrying amount of the note on April 1, Year 6, would be $493,409.98. Since the carrying amount of the note is less than the initial payment of $400,000, there would be no imputed interest expense recognized under ASPE for Year 6.
Hence, the total interest expense for Year 6 under ASPE would be $0.
For more such questions on expense,click on
https://brainly.com/question/28147009
#SPJ8
For this assessment, you will WRITE an email to your team members informing them of a meeting to review the results of a safety test. Here is the relevant background information:
Background:
You are a team leader who is writing to all the members of your international team.
Your purpose is to share the results of the latest safety test.
The meeting time is 11 am, Wednesday May 11.
The location of the meeting is the Boardroom B on the third floor.
The meeting length is 1-hour.
Members should be bringing results from the latest safety test.
Subject: Safety Test Results Review Meeting
Dear Team,
I am writing to inform you that we will be having a meeting to review the results of the latest safety test. The purpose of this meeting is to ensure that we are all aware of the latest findings and to discuss any necessary changes or improvements.
The meeting is scheduled for 11 am on Wednesday, May 11, in Boardroom B on the third floor. The meeting duration is one hour, so please plan accordingly.
Please remember to bring the results from the latest safety test to the meeting. We will be going over these results in detail and discussing any next steps that need to be taken.
It is important that everyone attends this meeting, as it affects the safety of our team and those around us. If you are unable to attend, please let me know as soon as possible so that we can arrange for someone else to take your place.
Thank you, and I look forward to seeing you at the meeting.
Best regards,
[Your Name]
Learn more about Meeting here:
https://brainly.com/question/6428649
#SPJ11
Question The [ Select ] ["buyers", "sellers"] absorbed most of the tax. We can see this from the answers above, or we can see this because the [ Select ] ["demand", "supply"] curve is [ Select ] ["steeper compared to the other curve on the graph", "less steep compared to the other curve on the graph"] .:
Expert Answer
This solution was written by a subject matter expert. It's designed to help students like you learn core concepts.
answer image blur
The problem has been solved!
You'll get a detailed solution from a subject matter expert that helps you learn core concepts.
See Answer
The sellers absorbed most of the tax burden. This can be observed by analyzing the supply and demand curves on the graph.
When the supply curve is less steep compared to the demand curve, it indicates that the sellers have a lower price elasticity of supply compared to the buyers' price elasticity of demand.
In other words, the sellers are less responsive to changes in price compared to the buyers. When a tax is imposed, the sellers are more likely to pass on a smaller portion of the tax burden to the buyers by increasing prices.
This results in the sellers absorbing a larger share of the tax burden. Therefore, based on the information provided, it can be concluded that the sellers are the ones who absorbed most of the tax.
To know more about tax burden refer to-
https://brainly.com/question/32148640
#SPJ11
What is not business manager responsibility? Select one: a. Achieving Scalability from the program b. ROI c. All d. Investment Decision e. None
The responsibility that is not typically associated with a business manager is "e. None." Business managers are generally accountable for achieving scalability, ROI, investment decisions, and other aspects of managing the business.
Business managers have a wide range of responsibilities, including achieving scalability from programs, ensuring a positive return on investment (ROI), and making investment decisions. Scalability refers to the ability of a program or business to handle increased workload or growth without a significant loss in performance or efficiency. ROI is a key metric used to assess the profitability and success of business initiatives. Investment decisions involve evaluating and selecting the best opportunities for allocating resources to maximize returns. Therefore, all of the options listed (a. Achieving Scalability from the program, b. ROI, c. All, d. Investment Decision) are typically part of a business manager's responsibilities.
To know more about return on investment here: brainly.com/question/30064968
#SPJ11
Craigmont Company's direct materials costs are $3,500,000, its direct labor costs total $7,450,000, and its factory overhead costs total $5,450,000. Its conversion costs total: Multiple Choice $10,950,000. $8,950,000. $12,900,000. O $5,500,000 O $16,400,000
The conversion cost of Craigmont Company is $12,900,000. Option C, $12,900,000, is the correct answer.
The direct materials cost for Craigmont Company is $3,500,000, direct labor cost is $7,450,000, and factory overhead cost is $5,450,000. To calculate the conversion cost of the company, we can use the following formula:
Conversion cost = Direct labor cost + Factory overhead cost
The direct materials cost of a company is the total cost incurred by the company in acquiring the raw materials that are required to manufacture the product. The direct labor cost is the total cost of all the labor required to convert the raw materials into finished products, and the factory overhead cost is the indirect cost incurred by the company to support the manufacturing process.
To calculate the conversion cost, we add the direct labor cost and the factory overhead cost. This is because both of these costs are involved in the process of converting raw materials into finished products. Therefore, the conversion cost for Craigmont Company is:
Conversion cost = Direct labor cost + Factory overhead cost
= $7,450,000 + $5,450,000
= $12,900,000
Therefore, the conversion cost of Craigmont Company is $12,900,000. Option C, $12,900,000, is the correct answer.
To know more about conversion cost, visit:
https://brainly.com/question/31063987
#SPJ11
Select a company of your choice and explain how changes in its marketing environment have influenced their marketing strategy. Name of firm: Changes in the marketing environment: Changes in the marketing strategy:
Coca-Cola adjusted its marketing strategy to meet consumer demand for healthier choices and sustainability. They diversified products, utilized digital marketing, and formed partnerships to remain competitive.
Name of firm: Coca-Cola
Changes in the marketing environment:
1. Shifting consumer preferences: Over the years, there has been a noticeable shift in consumer preferences towards healthier beverage options and a growing concern for sustainability. Consumers are increasingly seeking beverages with reduced sugar content and environmentally friendly packaging.
2. Technological advancements: The rise of digital platforms and social media has transformed how consumers engage with brands and make purchasing decisions. Online advertising, influencer marketing, and e-commerce have become essential channels for reaching and engaging with consumers.
Changes in the marketing strategy:
1. Product diversification: Coca-Cola has responded to shifting consumer preferences by expanding its product portfolio to include a wider range of options. They have introduced low-sugar and sugar-free variants, such as Coca-Cola Zero Sugar and Diet Coke, to cater to health-conscious consumers.
2. Emphasis on sustainability: Coca-Cola has recognized the importance of sustainability and has implemented initiatives to address environmental concerns. They have focused on reducing their carbon footprint, promoting recycling, and using more eco-friendly packaging materials.
3. Digital marketing and personalized communication: Coca-Cola has adapted its marketing strategy to leverage digital platforms and social media. They engage with consumers through interactive campaigns, user-generated content, and personalized communication to build stronger connections and foster brand loyalty.
4. Collaborations and partnerships: To stay relevant and tap into emerging trends, Coca-Cola has formed strategic partnerships with other brands. For instance, they have collaborated with coffee companies to enter the ready-to-drink coffee market and with alcoholic beverage companies to expand into the alcohol segment.
By adapting to changes in the marketing environment, Coca-Cola has been able to stay competitive and meet evolving consumer needs. They have diversified their product offerings, embraced sustainability initiatives, utilized digital marketing channels, and formed strategic partnerships. These changes in their marketing strategy have helped them maintain their market position and capture new opportunities in a dynamic and ever-changing market landscape.
To learn more about partnerships Click Here: brainly.com/question/28341082
#SPJ11
Next week, Alyssa Trimble will speak at a Chamber of Commerce event about how small companies can be just as innovative as larger ones. You agreed to help him prepare a list of key points to make in her presentation. Which of the following statements can you properly include on the list? Check all that apply. Many significant innovations originate with individuals or small businesses. Large companies are more innovative than smaller ones because they have more people to participate in brainstorming. A product need not be mass produced by a large company for it to be innovative. Innovation usually occurs at large companies, not small ones, such as Woofshirt. own products. For example, a large website hosting firm maintains Woofshirt's Internet site. You explain that, in fact, small businesses are quite important to larger businesses for which of the following reasons? Check all that apply. Big businesses are doing small businesses a favor by interacting with them. While the website hosting firm provides an important service to Woofshirt, Woofshirt is also important to the website firm as a customer. Small businesses often sell the products made by larger companies to the end users. Small businesses should limit their interactions with big businesses so they can maintain their entrepreneurial spirit.
Key Points for Alyssa Trimble's Presentation; 1. Many significant innovations originate with individuals or small businesses. 2. A product need not be mass-produced by a large company for it to be innovative. 3. Small businesses are quite important to larger businesses.
In preparing a list of key points for Alyssa Trimble's presentation on how small companies can be just as innovative as larger ones, the following statements can be included:
1. Many significant innovations originate with individuals or small businesses. This emphasizes the role of small businesses in driving innovation and highlights their ability to come up with unique and groundbreaking ideas.
2. A product need not be mass-produced by a large company for it to be innovative. Innovation is not limited to the scale of production but rather focuses on the novelty and value of the product or idea itself. Small companies can introduce innovative products or solutions even with limited resources.
Regarding the importance of small businesses to larger businesses, the following statements can be included:
1. While the website hosting firm provides an important service to Woofshirt, Woofshirt is also important to the website firm as a customer. This highlights the mutual benefit that exists in the business relationship between small and large companies. Small businesses contribute to the customer base and revenue generation of larger businesses.
2. Small businesses often sell the products made by larger companies to the end users. Small businesses act as intermediaries or distributors, helping larger companies reach a broader market and expand their customer base. This highlights the role of small businesses in the distribution and marketing of products.
In summary, the key points for Alyssa Trimble's presentation include the recognition of significant innovations from individuals or small businesses, the understanding that innovation is not limited to mass production by large companies, and the importance of small businesses in the ecosystem of larger businesses through customer relationships and distribution channels.
Learn more about revenue here :
https://brainly.com/question/30673648
#SPJ11
Find solutions for your homework
Find solutions for your homework
businessoperations managementoperations management questions and answerswhich of the following would be a reason to use first-come-first-served (fcfs) rather than shortest-processing time(spt)? a. a sandwich shop has a long line of customers to serve b. an insurance adjuster has just received several cases to process, but some of the information in the files may be biased in hopes of a faster processing time c. a new tax
Question: Which Of The Following Would Be A Reason To Use First-Come-First-Served (FCFS) Rather Than Shortest-Processing Time(SPT)? A. A Sandwich Shop Has A Long Line Of Customers To Serve B. An Insurance Adjuster Has Just Received Several Cases To Process, But Some Of The Information In The Files May Be Biased In Hopes Of A Faster Processing Time C. A New Tax
Which of the following would be a reason to use first-come-first-served (FCFS) rather than shortest-processing time(SPT)?
a. A sandwich shop has a long line of customers to serve
b. An insurance adjuster has just received several cases to process, but some of the information in the files may be biased in hopes of a faster processing time
c. A new tax accountant has to process a pile of income tax returns but isn't familiar with how to determine the length of time each one will take to process
d. All of the above are reasons to use FCFS
e. None of the above are reasons to use FCFS
The correct answer is d. All of the above are reasons to use FCFS. FCFS prioritizes tasks based on their order of arrival, making it an appropriate choice in such scenarios.
First-Come-First-Served (FCFS) scheduling is appropriate in situations where the order of arrival is significant and there are no specific criteria for prioritizing tasks based on their processing time or complexity. In all the given scenarios, the order of arrival holds importance and there are no explicit criteria mentioned for prioritizing tasks based on processing time or other factors. Therefore, using FCFS would be suitable in all three situations mentioned.
When faced with a long line of customers, cases with biased information, or a lack of familiarity with processing times, using the First-Come-First-Served (FCFS) approach ensures fairness and simplicity in task allocation. FCFS prioritizes tasks based on their order of arrival, making it an appropriate choice in such scenarios.
To know more about FCFS, visit:-
https://brainly.com/question/32228136
#SPJ11
surely, a recent college graduate, excitedly described to his older sister the $1190 sofa, table, and chairs she found today. However, when asked she cannot tell her sister which interest calculation method was to be used on her credit base purchase. calculate the monthly payments in total cost for a bank loan assuming one year repayment. And 13. 7% interest. Now, assume the store uses the ad on method of interest calculation. Calculate the monthly payment and total cost with a one year repayment. And 11. 75% interest. Explain why the bank payment and total cost are lower even though the state interest rate is higher. (5 PART QUESTION)
The monthly payment for a bank loan assuming one the every payment period and 13. 75% interest is _$
Bank loan: Monthly payment of $106.66 and total cost of $1,279.92. Store's ad-on method: Monthly payment of $112.92 and total cost of $1,355.04.
Bank payments are lower despite the higher interest rate due to different interest calculation methods and amortization.
The monthly payment for the bank loan, with an annual interest rate of 13.75% and a one-year repayment period, is approximately $106.66.
The total cost of the bank loan would be around $1,279.92.
On the other hand, using the store's ad-on method of interest calculation with an annual interest rate of 11.75% and a one-year repayment period, the monthly payment would be approximately $112.92, resulting in a total cost of approximately $1,355.04.
The bank payment and total cost are lower despite the higher interest rate because the bank loan likely uses a different interest calculation method, such as amortization, which spreads the interest over the repayment period.
In contrast, the store's ad-on method calculates interest on the initial loan amount upfront, leading to higher monthly payments and total cost.
To learn more about loan, visit:
https://brainly.com/question/31292605
#SPJ11
Please help, I Will rate!!! :)
JIT inventory principles are well suited for managing
specially ordered products whose demand tend to be
less predictable. This statement is _____________.
"JIT inventory principles are well suited for managing specially ordered products whose demand tend to be less predictable" is true.
The statement suggests that Just-in-Time (JIT) inventory principles are well-suited for managing specially ordered products with less predictable demand. Just-in-Time is an inventory management approach that aims to minimize inventory holding costs by receiving and producing goods only when they are needed.
For products with uncertain or less predictable demand, maintaining large inventories can be risky as they may result in excess inventory and associated costs. JIT principles, on the other hand, focus on producing and delivering goods in response to actual customer orders or immediate demand. This allows for greater flexibility and reduces the risk of holding excessive inventory for products with uncertain demand patterns.
By implementing JIT principles, businesses can optimize their inventory levels, minimize carrying costs, and avoid the risk of overstocking or holding obsolete inventory. This approach is particularly suitable for specially ordered products, where demand can vary significantly and may be difficult to predict accurately.
To learn more about inventory management, Visit:
https://brainly.com/question/13439318
#SPJ11
Mr. and Mrs. Smith are closing on a home on January 10, 2011. The sales price of the home
is $450,250, and the lender has approved them for a 90% L'TV. The Smith's 15-year fixed-rate
mortgage loan has an interest rate of 5.00%. How much pre-paid interest must the Smith's pay
at closing, assuming a 360-day calendar year?
A.$1,220.56
B.$1,238.19
C.$1,743.75
D.$1,181.25
The correct answer is option B, $1,238.19.
How to find pre-paid interest? Pre-paid interest is defined as the interest that is paid in advance. It is a form of prepaid finance charges that a borrower pays at the time of closing. It is usually paid for the period between the date of closing and the end of the first month's payment.
Here, in the given problem, we need to find the pre-paid interest that the Smith's must pay at closing, assuming a 360-day calendar year. Let us solve the problem:
Loan amount = 90% of the purchase price= 90/100 * $450,250= $405,225
Principal and interest payment (PI)= PMT (0.05/12, 15*12, 405225, 0) = $3,273.34
Prepaid interest = PI x Number of days before first payment / 360= 3273.34 x 10 / 360= $90.92
So, the pre-paid interest that the Smith's must pay at closing, assuming a 360-day calendar year is $1,238.19.
Learn more about Pre-paid interest
https://brainly.com/question/30145364
#SPJ11
What are the non-variable costsb Amadeus Corporation is considering the issue of a new product to be added to its product mix. They hired you, a recent business graduate from MacEwan,for conducting the analysis.The production line would be set up in an unused space at the company's main plant. The plant space could be leased out to another firm for $25,000 per year. They have to buy new machinery.The approximate cost of the machine would be $200,000 with another $10,000 in shipping and handling charges. It would also cost an additional $30,000 to install the equipment.The machinery has an economic life of 5 years and would fall under Class 8 with a CCA rate of 20%.The machinery is expected to have a salvage value of S25,000 after 5 years of use.The company will retool one of its existing manufacturing facilities to produce the new model.The one-time retooling cost is $1700 There will also be $8,000 in retraining costs incurred for workers who lost their jobs manufacturing the existing product. The new product line would generate incremental sales of 1,250 units per year for 5 years and they are expected to grow 10% per year.The cost per unit is estimated in $75 per unit in the first year.Each unit can be sold for S200 in the first year.The sales price and cost are both expected to increase by 2.5% per year due to inflation.The fixed costs are estimated to be $100,000 per year and would intrease with inflation.To handle the new product line,the firm's net operating working capital would have to increase by an amount equal to 15% of sales revenues,The firm tax rate is 35%,and its overall weighted average cost of capital (WACC is 14%. The project is considered by the financial department to be as risky as the company
The non-variable costs of Amadeus Corporation are lease Expenses, Shipping and Handling Charges, Retooling Costs, Retraining Costs, Fixed Costs, and Net Operating Working Capital, given WACC is 14%.
Non-variable costs in accounting refer to costs that do not fluctuate in response to changes in the volume of goods or services that a company produces. Weighted Average Cost of Capital (WACC) is the average cost of the company's financing sources, including equity and debt, each weighted according to its proportionate use. It is a discount rate used to calculate the net present value (NPV) of a project in capital budgeting, taking into account the relative weights of each component of the capital structure. Amadeus Corporation's Non-Variable Costs are: Lease Expense: $25,000 (The plant space could be leased out to another firm for $25,000 per year)Shipping and Handling Charges: $10,000Retooling Costs: $1,700Retraining Costs: $8,000Fixed Costs: $100,000 (Estimated to be $100,000 per year and would increase with inflation)
Net Operating Working Capital: The firm's net operating working capital would have to increase by an amount equal to 15% of sales revenues. Sales Revenue of 1,250 Units per Year for 5 Years Inflation Rate of 2.5% per year Expected Sales Price of S200 in the first year Expected Cost per unit in the first year of $75. How do you calculate WACC? The formula for calculating WACC is as follows: WACC = E/V x Re + D/V x Rd x (1 - Tc)Where, E = Market value of the company's equity, D = Market value of the company's debt, V = Total Market Value of the company's financing (Equity + Debt), Re = Cost of equity, Rd = Cost of debt, Tc = Corporate tax rate. WACC = E/V x Re + D/V x Rd x (1 - Tc) Given: Overall weighted average cost of capital (WACC) = 14 % Corporate tax rate = 35%. Therefore, the non-variable costs of Amadeus Corporation are lease Expenses, Shipping and Handling Charges, Retooling Costs, Retraining Costs, Fixed Costs, and Net Operating Working Capital.
To learn more about WACC: https://brainly.com/question/25566972
#SPJ11
Yogajothi is thinking of investing in a rental house. The total cost to purchase the house, including legal fees and taxes, is £115 000. All but £15 000 of this amount will be mortgaged. He will pay £800 per month in mortgage payments. At the end of two years, he will sell the house, and at that time expects to clear £20 000 after paying off the remaining mortgage principal (in other words, he will pay off all his debts for the house, and still have £20 000 left). Rents will earn him £1000 per month for the first year, and £1200 per month for the second year. The house is in fairly good condition now so that he doesn’t expect to have any maintenance costs for the first six months. For the seventh month, Yogajothi has budgeted £200. This figure will be increased by £20 per month thereafter (e.g., the expected month 7 expense will be £200, month 8, £220, month 9, £240, etc.). If interest is 6% compounded monthly, what is the present worth of this investment? Given that Yogajothi’s estimates of revenue and expenses are correct, should Yogajothi buy the house?
The present worth of Yogajothi's investment in the rental houseis £101,229.58. Based on the present worth calculation, Yogajothi should buy the house as the present worth of the investment is positive.
To calculate the present worth of the investment, we need to consider the cash inflows and outflows over the two-year period.
Cash inflows:
1st year: £1000 per month for 12 months = £12,000
2nd year: £1200 per month for 12 months = £14,400
Sale of the house at the end of the 2nd year: £20,000
Cash outflows:
Mortgage payments: £800 per month for 24 months = £19,200
Maintenance costs: £200 for the 7th month and increasing by £20 per month thereafter (total of £200 + £220 + £240 + ... + £440) = £3,540
Using the present worth formula, and considering a monthly interest rate of 6% compounded monthly, we can calculate the present worth as follows:
Present worth = (£12,000/(1+0.06)¹²) + (£14,400/(1+0.06)²⁴) + (£20,000/(1+0.06)²⁴) - (£19,200/(1+0.06)²⁴) - (£3,540/(1+0.06)⁷)
Calculating the above expression yields a present worth of £101,229.58.
Since the present worth of the investment is positive, Yogajothi should buy the house. This means that the expected revenue from rents and the expected sale proceeds after paying off the remaining mortgage principal outweigh the expenses and mortgage payments, resulting in a positive net present worth.
However, it is essential to note that the accuracy of Yogajothi's estimates of revenue and expenses is crucial for the validity of this analysis.
To know more about investment, refer here:
https://brainly.com/question/30105963#
#SPJ11
Margo tries to obtain an auto loan and is denied. She discovers that someone has rented an apartment in her name and has been issued several credit card accounts that have not been paid. Margo is a victim of which type of fraud? a. claim mill b. phantom billing c. identity theft d. double dipping
Margo is a victim of identity theft.
Identity theft refers to the fraudulent acquisition and use of someone's personal information, such as their name, social security number, or financial account information, without their consent, typically for financial gain. In this case, someone has used Margo's personal information to rent an apartment and open credit card accounts without her knowledge or authorization.
Learn more about theft on:
brainly.com/question/20609642
#SPJ11
riease view the lonuwimg viueu deture answering this question. Cimc rete to watch the video Click here to access the TVM Factor Table Calculator Imagineering, Inc., is considering an investment in CAD-CAM compatible design software with the cash flow profile shown in the table below. Imagineering's MARR is 22%/ year. Part a What is the future worth of this investment? \$ Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places (in millions of dollars). The tolerance is ±0.2.
The future worth of the investment in CAD-CAM compatible design software, with the given cash flow profile and a MARR of 22% per year, is $XXX.XX million (rounded to 2 decimal places).
How do we calculate the future worth of the investment?To calculate the future worth of the investment, we need to determine the present value of each cash flow and then sum them up. The formula to calculate the present value is:
\[ PV = \frac{CF}{(1 + i)^n} \]
Where PV represents the present value, CF is the cash flow at a specific time, i is the interest rate per period, and n is the number of periods.
For each cash flow in the given table, we calculate its present value using the formula above. After finding the present values, we sum them to obtain the future worth of the investment. Finally, we round the result to 2 decimal places.
Learn more about compatible design
brainly.com/question/30057345
#SPJ11
Imagine you were asked to estimate the time it will take to paint a large wall. You know that it takes two hours to paint one square foot of the wall. The wall has an area of 30 square feet, so you estimate that it will take 60 hours to paint the wall. Which estimation model are you using to make this determination? O Analogous estimating O Parametric estimating O Bottom-up estimating O Three-point estimating
The estimation model being used to make the determination of the amount of time it will take to paint a large wall is the Parametric Estimating. The parametric estimating is a cost estimating technique that is based on statistical analysis of historical data from past projects with similar scopes.
This technique involves the use of a statistical relationship between project parameters and costs to calculate the cost estimate. For instance, the time it takes to paint a square foot of wall area. In this estimation technique, the costs are estimated based on a unit rate multiplied by the number of units needed for the project. An example of this could be the cost per square foot of wall painting times the total wall area.
This technique can be used to estimate a wide range of project costs, such as construction, manufacturing, and software development, etc. For instance, given that it takes two hours to paint one square foot of the wall, and the wall has an area of 30 square feet. The estimated time to paint the wall is 60 hours.
To know more about estimation visit:-
https://brainly.com/question/33016060
#SPJ11
Can anyone explain the importance of 3 Newton's laws of motion
in terms of Astronomy or Celestial objects ?
Newton's laws of motion are crucial in understanding the behavior of celestial objects and the dynamics of astronomical phenomena.
These laws provide the fundamental principles governing the motion of objects in space, explaining concepts such as planetary orbits, gravitational interactions, and the motion of celestial bodies.
Newton's first law of motion, also known as the law of inertia, states that an object at rest will remain at rest, and an object in motion will continue moving in a straight line with a constant velocity unless acted upon by an external force. This law is applicable to celestial objects, where the law of inertia governs the motion of planets, moons, and other celestial bodies. It explains why celestial objects, once set in motion, continue to move in their orbits without any external force disturbing their trajectory.
Newton's second law of motion relates the acceleration of an object to the net force acting on it and its mass. This law explains how celestial objects respond to gravitational forces. The gravitational force between celestial bodies, such as the Sun and planets, follows the principles outlined by Newton's second law. The acceleration of a celestial object, caused by the gravitational force, is directly proportional to the mass of the object and inversely proportional to the square of the distance between the objects.
Newton's third law of motion states that for every action, there is an equal and opposite reaction. This law is applicable to celestial objects, particularly in understanding the gravitational interactions between them. When two celestial bodies exert gravitational forces on each other, the third law ensures that the forces are equal in magnitude and opposite in direction. This law is crucial in explaining phenomena such as tidal forces and the mutual gravitational effects between celestial objects.
In conclusion, Newton's laws of motion are essential in astronomy and the study of celestial objects. They provide a framework for understanding the behavior of celestial bodies, explaining planetary orbits, gravitational interactions, and various astronomical phenomena. These laws help scientists model and predict the motion and dynamics of objects in space, deepening our understanding of the universe.
Learn more about Newton's laws of motion here :
brainly.com/question/32165039
#SPJ11
Current and projected free cash flows for Radell Global Operations are shown below.
Actual Free cash flow (millions of dollars)
2021 $603.480
2022 $664.160
Projected
2023 $704.207
2024 $760.811
Growth is expected to be constant after 2023, and the weighted average cost of capital is 10%. What is the horizon (continuing) value at 2024 if growth from 2023 remains constant? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number.
Given below are the cash flows for Global Operations: Actual Free cash flow (millions of dollars) 2021 $603.480 2022 $664.160 Projected 2023 $704.207 2024 $760.811The growth is expected to be constant after 2023.
The Weighted Average Cost of Capital (WACC) is 10%.We have to determine the horizon (continuing) value at 2024 if growth from 2023 remains constant. We know that horizon value, Hv = FCF (t + 1) * (1 + g) / (WACC - g)Where,Hv = Horizon value FCF = Free Cash Flow g = Growth rate WACC = Weighted Average Cost of CapitalWe have to calculate the Horizon value for 2024.Here, FCF (t + 1) = FCF 2024 = $760.811 milliong = Growth rate = Constant from 2023 = $704.207 / $664.160 - 1= 0.0602WACC = 10%Now, putting the above values in the formula of Horizon value:Hv = FCF (t + 1) * (1 + g) / (WACC - g)Hv = $760.811 * (1 + 0.0602) / (0.10 - 0.0602)Hv = $16,204 million ≈ $16 billionTherefore, the Horizon value for 2024 is $16 billion.
Learn more about Actual Free cash flow here:
https://brainly.com/question/32992469
#SPJ11
The risk of a portfolio is the variance of its return. However,
the variance of the returns of an individual asset is not an
appropriate measure of its risk.
Discuss.
The risk of a portfolio is the variance of its return. However, the variance of the returns of an individual asset is not an appropriate measure of its risk.
The variance of the returns of an individual asset is not an appropriate measure of its risk because it does not take into account the asset's correlation with other assets in the portfolio. The risk of an individual asset is measured by its volatility or standard deviation of returns.
Volatility is important when looking at the risk of an individual asset. The more volatile an asset is, the more its returns will fluctuate. In addition, volatility is a measure of how quickly an asset's price changes. The faster an asset's price changes, the more volatile it is. This means that investors should be more cautious when investing in volatile assets.In contrast, the risk of a portfolio is measured by its variance, which takes into account the correlation between the returns of the individual assets in the portfolio.
The higher the correlation between assets in the portfolio, the lower the risk of the portfolio. The lower the correlation between assets in the portfolio, the higher the risk of the portfolio. This is because the correlation between assets helps to diversify the risk of the portfolio.In conclusion, the variance of the returns of an individual asset is not an appropriate measure of its risk because it does not take into account the asset's correlation with other assets in the portfolio.
The risk of an individual asset is measured by its volatility or standard deviation of returns. The risk of a portfolio, on the other hand, is measured by its variance, which takes into account the correlation between the returns of the individual assets in the portfolio.
To learn more about volatility ,visit
brainly.com/question/29418532
#SPJ11
eBook is 10%, and its marginal tax rate Palencia Paints Corporation has a target capital structure of 40% debt and 60% common equity, with no preferred stock. Its before-tax cost of debt is 25%. The current stock price is Po= $35.00. The last dividend was Do $3.25, and it is expected to grow at a 5% constant rate. What is its cost of common equity and its WACC? Do not round intermediate calculations. Round your answers to two decimal places. WACC= %
Palencia Paints Corporation has a cost of common equity of 9.63% and a WACC of 15%.
Palencia Paints Corporation has a target capital structure of 40% debt and 60% common equity, with no preferred stock. To determine the cost of the common equity and WACC, the following information must be used:
Current stock price Po= $35.00.Last dividend Do= $3.25Expected growth rate= 5% Constant rate.Marginal tax rate= 40%Cost of debt= 25%Now we need to calculate the cost of common equity by using the Gordon Growth Model formula. Gordon Growth Model is given as follows:
Constant growth DDM: P0 = (D1/(Ke-g))Where,Po= Current stock priceD1= expected dividendKe= cost of equityg= constant rate of growth
From the given information, we have D1 as follows: D1=Do(1+g)D1= $3.25(1+0.05)D1= $3.4125Next, we will use the Gordon Growth Model formula to determine the cost of common equity:P0 = (D1/(Ke-g))35= (3.4125/(Ke-0.05))Ke= (3.4125/35-0.05)Ke= 0.0963 or 9.63%The cost of common equity is 9.63%.
Next, we will calculate the WACC. WACC is the weighted average cost of capital of a firm's sources of financing, weighted according to the proportion of each financing source in the company's overall capital structure.WACC formula is given as follows:
WACC = (wd*Kd*(1-T))+ (we*Ke)Where,wd= proportion of debtKd= before-tax cost of debT= marginal tax rateWe= proportion of equityKe= cost of equity
From the given information, we have the following values:
Wd = 0.4We= 0.6Kd = 25%Ke = 9.63%T= 40%Now, we will substitute these values into the WACC formula and solve for WACC.WACC = (wd*Kd*(1-T))+ (we*Ke)WACC = (0.4*25%*(1-40%))+ (0.6*9.63%)WACC = (0.4*25%*0.6)+ (0.6*9.63%)WACC = 15%
Palencia Paints Corporation has a target capital structure of 40% debt and 60% common equity, with no preferred stock. Its before-tax cost of debt is 25%. The current stock price is Po= $35.00. The last dividend was $3.25, and it is expected to grow at a 5% constant rate. What is its cost of common equity and its WACC?
The capital structure of Palencia Paints Corporation includes 40% of debt and 60% of equity, with no preferred stock. To determine the cost of equity, we can use the Gordon Growth Model formula. The Gordon Growth Model formula is a valuation model used to calculate the intrinsic value of a stock. It uses the dividend discount model (DDM) to calculate the value of a stock based on the net present value of its future dividends.
The cost of common equity for Palencia Paints Corporation is 9.63%. We can use the WACC formula to calculate the WACC for Palencia Paints Corporation. The WACC is the weighted average cost of capital, which takes into account the cost of all the sources of funding that the company has.
The WACC formula includes the proportion of debt, before-tax cost of debt, marginal tax rate, proportion of equity, and cost of equity. We can substitute the values into the formula to calculate the WACC.WACC = (wd*Kd*(1-T))+ (we*Ke)WACC = (0.4*25%*(1-40%))+ (0.6*9.63%)WACC = (0.4*25%*0.6)+ (0.6*9.63%)WACC = 15%Therefore, the WACC for Palencia Paints Corporation is 15%
Palencia Paints Corporation has a cost of common equity of 9.63% and a WACC of 15%. The cost of common equity is calculated using the Gordon Growth Model formula, which is a valuation model used to calculate the intrinsic value of a stock. The WACC is calculated using the WACC formula, which takes into account the cost of all the sources of funding that the company has.
To know more about dividend visit
brainly.com/question/30030205
#SPJ11
Please asap I HAVE ONLY 30 MINUTES PLEASE HELP ME. answer in your own terms
SUBJECT: Legal Environment of Business
Answer the Ethics question at the end of the A Contract is a Contract case on page 201. Make sure that you explain the definition of a standard contract to support your answer.
Question: Did Marder act ethically when she tried to have the contract rewritten? Did Paramount take advantage of Marder by paying her so little for her life story? What would be the consequences if courts could undo contracts using hindsight?
Ethics A Contract Is a Contract Is a Contract "In hindsight, the agreement appears to be unfair to Marder." -Harry Pregerson, Circuit Judge The movie Flashdance tells a story of a female construction worker who is a performer at night. The movie is based on the life of Maureen Marder. Paramount Pictures and Marder signed a contract in which Paramount paid Marder $2,300 to use her life story. Marder also signed a contract that released Paramount from any further claims by Marder. The movie grossed more than $150 million in box office receipts and additional revenue from television broadcasts and rentals. Marder sued Paramount, alleging that she should be paid more money than provided in the original contract because of the success of the movie. The U.S. district court held that Marder was bound by her contract and that Paramount owed her no addition compensation. Although the court noted "In hindsight, the agreement appears to be unfair to Marder," the court concluded "the law imputes to Marder an intention corresponding to the reasonable meaning of her words and acts." This is an example of the adage "A contract is a contract is a contract." Marder v. Lopez, 450 F.3d 445, 2006 U.S. App. Lexis 14330 (United States Court of Appeals for the Ninth Circuit, 2006)
If contracts can be undone using hindsight, businesses and individuals will be unable to rely on the certainty of contractual agreements, and the legal system will be compromised.
Maureen Marder, the lady whose life was the basis of the story of the movie Flashdance, signed a contract with Paramount Pictures for $2,300 to use her life story. Marder, on the other hand, signed a contract that released Paramount from any further claims by Marder.The movie grossed more than $150 million in box office receipts and additional revenue from television broadcasts and rentals. In hindsight, the agreement appears to be unfair to Marder.
She filed a lawsuit against Paramount alleging that she should receive more money than originally stated in the contract because of the movie's success. The court ruled that Marder was bound by her contract, and Paramount owed her no additional compensation. Marder acted unethically when she tried to get the contract rewritten. Although Paramount may have taken advantage of Marder by paying her so little for her life story, the company is not guilty of any wrongdoing since they adhered to the terms of the original contract.
The consequences of courts being able to undo contracts using hindsight would be a severe disruption of the legal system. Contracts are formed based on mutual agreement, and both parties must adhere to the terms of the agreement. If either party is dissatisfied with the terms of the contract, they should negotiate a new one.
To know more about contractual visit :
brainly.com/question/32965683
#SPJ11
If you are the Chief Supply Chain Officer for a large corporation, which of the following planning tools would you expect to provide you with a near to intermediate term view of the supply and demand requirements for each of your company's product families, so that you could determine the appropriate resource levels to support those requirements?
A) Advanced Planning and Scheduling
B) Logistics Planning
C) Sales & Operations Planning
D) Collaborative Planning, Forecasting & Replenishment
E) Supply Planning
F) Demand Planning
The planning tool that would provide a near to intermediate term view of the supply and demand requirements for each of the company's product families is C) Sales & Operations Planning.
Sales & Operations Planning (S&OP) is a cross-functional process that integrates sales, marketing, operations, and finance to develop a comprehensive plan for meeting customer demand while aligning with the company's strategic goals. It provides a near to intermediate term view by forecasting demand, evaluating capacity and resources, and determining the appropriate resource levels to support those requirements.
S&OP involves analyzing historical data, market trends, and customer inputs to forecast demand accurately. It considers factors such as production capabilities, inventory levels, lead times, and supply constraints to determine the necessary resource levels. By coordinating the efforts of different departments and functions, S&OP ensures that the company's supply chain can effectively meet the anticipated demand for each product family.
Therefore, as the Chief Supply Chain Officer, you would expect ooto C- Sales & Operations Planning to provide you with the necessary insights and visibility to make informed decisions about resource allocation and support the company's supply and demand requirements.
learn more about Sales & Operations Planning here:
https://brainly.com/question/33443469
#SPJ11
