When using horizontal differentiation, a firm divides itself into sub units based on function, type of business, or Geographic area
Horizontal differentiation
Is basically concerned with how the firm decides to divide itself into sub units. The decision is typically made on the basis of function, type of business, or geographical area. In many firms, just one of these criteria predominates, but more complex solutions are adopted in others. This is particularly likely in the case of international firms, where the conflicting demands to organize the company around different products (to realize location and experience curve economies) and different national markets (to remain locally responsive) must be reconciled. One solution to this dilemma is to adopt a matrix structure that divides the organization on the basis of both products and national markets.
Functional structure :
A functional structure can work well for a firm that is active in a single line of business and focuses on a single geographic area. But problems can develop once the firm expands into different businesses or geographies.
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A company earned $6,125 in net income for october. its net sales for october were $17,500. its profit margin is:__________
Profit Margin = Net Income/Net Sales
Profit Margin = $6,125/$17,500 = 0.35= 35%
The profitability of your company can be gauged by looking at your profit margin. How much of each dollar of sales or services is retained as profit is stated as a percentage of those profits. In business, the profit margin is calculated by dividing the net income by the net sales or revenue. To calculate net income, or net profit, a business simply deducts operating costs from sales.
The difference between gross and net profit margins
While a high gross profit margin and solid operational profit margin are great signs, a low net profit margin indicates wasteful spending on non-core business functions. It's a sign that your running costs are higher than the price you're charging for your products or services if the operational profit margin is negative.
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_____ is the functional area of business that is responsible for finding the best sources of funds and the best ways to use them.
Finance is the functional area of business that is responsible for finding the best sources of funds and the best ways to use them.
The finance function involves planning, obtaining, and managing a company’s fund. In a company, finance managers play an important role, as they plan for both short-term and long-term financial capital needs and analyze the impact that borrowing will have on the financial well-being of the business.
The main purpose of the finance function is to provide the financial information that other business functions require to operate effectively and efficiently, and to support business planning and decision-making.
Hence, finance is the functional area of business.
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Genuineness, or reality, of agreement is said to be present in a contract when there is:_______.
Reality of contract of an agreement is said to be present in a contract when there is genuineness.
When there is true meeting of minds or reality of agreements is the genuineness. Fraud charges are proven wrong only if they are in a written form of contract.
Be it spoken or act of conduct it cannot be stated as a fraud without any consent present information. They are not backed by fraud cloud, misrepresentation, undue influences and mistakes. It is definite and claim which is fairly straight forward in contracts. Reality emerges if the contract is fulfilled on time with due influence.
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Malcolm’s furniture earned $750,000 last year and had a 30 ividend payout ratio. how much did the firm add to its retained earnings?
It is $525,000.
If the dividend payout ratio is 30% ,then retention rate will be 70%
Additional Retention = $750,000* 70%
=$525,000
Additional amount retained can be used for future business expansion and can also be used to buy back shares provided there is no available profitable investment project to invest in.
Here, the retention rate is very high which implies that the company has prospective investment to put the money into to generate additional returns.
Investors will therefore settle for capital appreciation resulting from increase in share price as result of additional earnings from profit plugged back into the business.
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Question 3(Multiple Choice Worth 4 points)
(01.08 MC)
Which type of investment would a person with a high risk tolerance likely choose?
O CD
O Bond
O Futures
Roth IRA
Answer:
C. Futures
Explanation:
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Comcast had been planning to purchase time warner for $45 million as a(n)?
Comcast had been planning to purchase time warner for $45 million as a merger.
What is a merger?Mergers and acquisitions (M&A) are transactions in corporate finance in which ownership of corporations, other business organizations, or their operating units is transferred or merged with other entities. M&A, as a component of strategic management, can enable businesses to grow or shrink, as well as change the nature of their business or competitive position.A merger is a legal merging of two entities into one, whereas an acquisition occurs when one entity acquires another entity's share capital, equity interests, or assets.Therefore, Comcast had been planning to purchase time warner for $45 million as a merger.
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During your investigation you found the effective dates on stock options were deliberately changed for the purpose of securing extra pay for management. This is called?
Backdating is when the effective dates on stock options were deliberately changed for the purpose of securing extra pay for management.
Backdating is the practice of amending the date of a contract, a legal document, or a cheque to a preceding date. changing the date on this sort of record to misrepresent any data makes this practice unlawful in some cases.
Backdating is the practice of marking a cheque, settlement, or other legally binding settlement with a date this is prior to the contemporary date. Backdating is typically no longer allowed and even can be illegal or fraudulent in a few conditions.
And public organizations responsible for backdating may additionally violate federal securities disclosure and reporting necessities, exposing themselves to regulatory or criminal investigations as well as securities fraud litigation. If you decide to award backdated stock options, touch us about a way to do it in the right manner.
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The utility created by making a product available when customers wish to purchase it is called?
Making a product accessible in a location where people want to buy it creates a place utility.
What is Place utility ?
Making goods or services accessible to clients is referred to as "place utility" in marketing. Place utility can also be utilized to attract clients to a product or service since it links the latter to a particular location.
What are the 4 types of utility?
Utility class types. Form, location, time, and possessional utilities are the four primary categories of utility. These services have an impact on a person's decision to buy a product.
The utility created by making a product available when customers wish to purchase it is called Place utility
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If a company uses $1,510 of its cash to purchase supplies, the effect on the accounting equation would be:________
If a company uses $1,510 of its cash to purchase supplies, the effect on the accounting equation would be One asset increases $1,510 and another asset decreases $1,510, causing no effect.
The relationship between an entity's assets, liabilities, and owner's equity are represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone for double-entry bookkeeping. The total debits and total credit for each transaction are equal.
There are three possible arrangements for the accounting equation:
Assets = Liabilities + Owner's Capital - Owner's Drawings + Revenues - Expenses. Owner's equity = Assets - Liabilities. Net Worth = Assets - Liabilities.The accounting equation makes sure that every entry in the books and records is verified and that each obligation (or expense) and its associated source, or each item of revenue (or asset) and its source, can be independently verified.
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If the U.S. government's budget deficits are increasing aggregate demand, and the economy is producing at a level that is substantially less than potential GDP, then:
If the U.S. government's budget deficits are increasing aggregate demand, and the economy is producing at a level that is substantially less than potential GDP, then the central bank might react with an expansionary monetary policy.
An economy is the area of production, distribution, trade and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
Economics is defined as the management of community, business, or family financial matters. An example in economics is the US stock market system. There are three main types of economies: free market, command economy, and mixed economy.
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Material requirements plus an allowance for normal inefficiencies are added together to determine the.
Material requirements plus an allowance for normal inefficiencies are added together to determine the standard quantity of a direct material per unit of output.
What is the standard quantity?The number of resources that should have been utilized to finish the period's output, as determined by multiplying the actual number of units produced by the standard quantity per unit.It is calculated by multiplying actual production units by the standard material quantity per unit. For example, during the month of March, a company manufactured 2000 items. The typical amount of material needed to produce one unit of output was 5 pounds.A standard amount against which a quantity is measured [e.g., gram, meter, second, liter, pascal; units of the aforementioned quantities]. Chemists conduct many measurements. If the mass of a substance is discovered to be 6.0 grams, this can be stated mathematically. m = 6.0 g.Therefore, material requirements plus an allowance for normal inefficiencies are added together to determine the standard quantity of a direct material per unit of output.
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The complete question is given below:
Material requirements plus an allowance for normal inefficiencies are added together to determine the ___________________ of a direct material per unit of output.
When units produced are less than units sold, net income computed under variable costing will be:______.
When units produced are less than units sold, net income computed under variable costing will be: Greater than net income computed under absorption
What is Variable Costing?Variable costing is a cost accounting method for calculating production expenses where only variable costs are included in the product cost. The formula of variable costing only considers the direct cost and other variable manufacturing expenses incurred on each product unit.
Variable Costing Formula-
Variable costing is calculated as the sum of direct labor cost, direct raw material cost, and variable manufacturing overhead divided by the total number of units produced.
Variable costing formula = (Direct Labor Cost + Direct Raw Material Cost + Variable Manufacturing Overhead)/Number of Units Produced.
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Suppose that the gdp deflator for the united states increases from 115 to 120 between 2019 and 2020. Briefly explain what this information tells you about?
Suppose that the GDP deflator for the united states increases from 115 to 120 between 2019 and 2020.
It explains us that GDP deflator is an economic metric that accounts for inflation by converting output measured at current prices into constant-dollar GDP. An increase in nominal GDP may just mean prices have increased, while an increase in real GDP definitely means output increased. The GDP deflator is a price index, which means it tracks the average prices of goods and services produced across all sectors of a nation's economy over time.
GDP is the total monetary or market value of all the finished goods and services produced within a country's borders.
Price index is a measure of price changes using a percentage scale.
Economy is the system according to which the money, industry, and trade of a country or region are organized.
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You are assigned a project that has frequently evolving rules and requirements. You decide the traditional sdlc approach has too many disadvantages. Which alternative would you use and why?
Alternatives over the SLDC approach are:-
Projects must work by having the most advanced and latest technologies which tend to have the best machinery, hardware, and software which eventually make them unique and also tend to save cost and time.Understanding the governments, cultural and traditional aspects of the people wherever the business is implementing its chain will show respect to the people and also help the company establish a good and reputed brand value.The purpose is to work in a systematic and professional environment which equally helps enhance the productivity and efficiency aspects which will help the organization meet its goals and accomplishments on a regular basis and this also helps eliminate misoperations and unwanted errors accordingly.As per the needs and requirements of the projects where projects can be self projects and clients projects, the Insurance brokerage firm must choose and use their operating systems, enterprise software, and software for individual use which help them work in a stepwise and systematic manner in terms to achieve all milestones effectively.The SDLC provides a well-structured flow of phases that help companies rapidly create quality, well-tested, production-ready software. As explained at the beginning, the SDLC consists of six phases. Common SDLC models are waterfall, spiral, and agile models.
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When the zero-lower-bound problem occurs, central banks can rely on: _______
a. the liquidity provision.
b. systemic adjustment.
c. asset sales.
d. qualitative easin
When the zero-lower-bound problem occurs, central banks can rely on the liquidity provision.
The central bank, reserve bank, or monetary authority is the body that controls the currency and monetary policy of a state or formal monetary union and oversees its commercial banking system. Unlike commercial banks, central banks have a monopoly on the growth of the monetary base.
A central bank is a public institution that controls the currency of a country or group of countries and controls the money supply (literally the amount of money in circulation). The main goal of many central banks is price stability.
Central banks have several ways of controlling monetary policy, but the three most basic and widely used tools are short-term targeting interest rates, open market operations, and capital requirements.
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Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clients' products and services. vitalink company is a(n) _____
Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clients' products and services. vita link company is an advertising agency.
Advertising agencies work with businesses to design and execute advertising campaigns and measure their success. You can also oversee promotions, branding, and marketing strategies.
The Big Five Advertising Agencies consist of WPP plc, Omnicom Group, Publicis, Interpublic Group of Companies, and Dentsu. Global advertising spending exceeded $563 billion in 2019. North America is the largest investor in this sector, followed by Asia and Western Europe.
External companies are known as advertising agencies. Examples of international advertising agencies are WPP and Omnicom Group.
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________ is the framework that managers apply to determine the competitive moves and business approaches that run the company
Strategy is the framework that managers apply to determine the competitive moves and business approaches that run the company.
A strategic framework is an aspirational blueprint that provides the interplay and brotherly love between a business enterprise's enterprise approach and its different auxiliary packages to its various stakeholders.
the six crucial factors of strategic making plans: vision, assignment, goals, method, approach, and tactics.
There are four components to a strategic framework:
enterprise objective.
approach.
dimension.
target.
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please help on this question ASAP
The total tariffs based on the information given is $445 million.
How to calculate the value?The total tariff will be:
= (240 - 190)(8.9 - 0)
= $445 million
The tablet price rises to $290.
The US ultimately will pay:
= $240 - $200
= $40
This will be:
= 40/50 × 100
= 80% of the tariff.
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A lack of business ethics can result in a lack of business goodwill is ture or flase?
A lack of business ethics can result in a lack of business goodwill is TRUE
No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the first day of the meet.
No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day day before the first day of the meet.
What is director?The term director refers to the senior management team of companies and other significant organizations. The phrase is commonly used with two separate meanings, the choice of which is affected by the organization's size and worldwide reach, as well as the historical and geographic context.
The directors are normally in charge of the company's management and have the authority to exercise all of the company's functions. The amount of their jurisdiction, however, may be limited by the Companies Act of 2006 and the articles of association.
A director is defined as someone who supervises a job or project. A department head is an example of a director. A director is someone who is in charge of constructing anything.
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Ben and jerry’s lays off 500 workers during a recession, creating _____ unemployment.
Ben and jerry’s lays off 500 workers during a recession, creating cyclical unemployment.
A recession can be defined as a prolonged period of low or negative real GDP (manufacturing) growth accompanied by a significant rise in unemployment. Many other economic indicators are weak during recessions
This is the first stage, marked by a decline in activity across the economy. This can manifest itself in various ways. B. Lower levels of production, less employment, less spending by consumers and businesses.
Care and body care products such as toothpaste, deodorant, shampoo, and toilet paper are always in demand. Offering these types of items can position your business as a vital resource for consumers during difficult times. People want to be beautiful no matter how hard it is.
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How important to a company’s investors and shareholders is the personal behavior of the ceo? do people have to like him/her for the company to be successful?
The shareholders and investors of the company place a high value on the CEO's personal conduct. This is mostly due to the fact that shareholders and investors are contributing or investing their hard-earned money into the business with high return expectations.
The most influential and powerful title in business, it is also the most thrilling, gratifying, and exciting. A company CEO has a number of stakeholders, each of whom has different objectives and, consequently, views. The end result of these efforts is a model for CEO excellence that suggests attitudes and behaviors that are particularly likely to assist CEOs in succeeding at their specific responsibilities.
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The act by a member of the aicpa that is discreditable to the accounting profession is:________
The act by a member of the aicpa that is discreditable to the accounting profession is Failing to file a personal tax return.
What is tax return?A tax return is the completion of documentation that estimates an entity's or individual's earned income and the amount of taxes to be paid to the government or government entities, or possibly back to the taxpayer. Taxation is one of the most important sources of revenue for the government.
A tax return is a document filed with the IRS that reports income, expenses, and other important financial information. Taxpayers use tax returns to determine their tax due, schedule tax payments, and obtain refunds for overpayments. Annual tax returns are required in most areas.
When taxpayers withhold too much money, they receive a refund at the end of the year.
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Ethical problems common to the workplace are issues of quality, safety, property, and human relationships. true false
True. The majority of people spend the majority of their weekdays at workplace or in their offices. Therefore, it is not surprising that the employees there experience ethical issues. Many of these conundrums arise frequently. It's wrong to take something without paying for it.
Employees can address typical workplace problems without doing harm to their firm with little ethical sense and insight. Taking credit for the work of others, conducting personal business on company time, and engaging in inappropriate or harassing behavior are all unethical. Everyone in the firm is impacted by declining profits, including potential promotions, bonuses, and layoffs.
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Any object or objects that a group of people use to buy and sell goods and services is called: Group of answer choices capital a countertrade money revenue an earned deposit
When people are able to use a certain object or objects to buy and sell goods and services, this is called Money.
What is money?Simply put, money is a medium of exchange that allows people to exchange goods and services such that both parities to a transactions feel they got a fair deal.
This means that money can be anything ranging from hard currency, to other goods and services. For instance, if you used an apple to buy another apple, the first apple is money.
In conclusion, an object that allows people to trade for other goods and services is called Money.
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Most strategies that an aggregate planner actually uses are in combination and are referred to as the?
Most strategies that an aggregate planner actually uses are in combination and are referred to as the hybrid strategies.
It is a strategy that comes under aggregate planning strategies which are level strategy keep the appropriate level of production and labour.
Chase strategy determines the chase towards the market demand and lastly hybrid strategy is the mix of the above two strategy.
An aggregate study planner balances all in one combination to know the best alternatives and outcomes from the production. It is determined by the inventory level present in the production process and back orderings during the high demand period.
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What basis does the international accounting standards board use in developing ifrs?
A framework for deriving general principles is the basis of the International Accounting Standards Board use in developing IFRS.
What is International Accounting Standards Board?The independent accounting standard-setting body of the IFRS Foundation is called the International Accounting Standards Board (IASB).On April 1, 2001, the IASB was established to replace the International Accounting Standards Committee (IASC). International Financial Reporting Standards (IFRS) development and usage promotion fall under its purview.The International Accounting Standards Committee (IASC) had been established in 1973 and had issued a number of standards known as International Accounting Standards (IAS). As the organization was reformed in 2001, it changed the name of the standard-setting body from IASC to IASB, and established a foundation to oversee it, initially known as the IASC Foundation and renamed the IFRS Foundation in mid-2010.Also in 2001, it was decided that newly issued standards would be labeled IFRS instead of IAS, and that the entire set of IASC/IASB standards (including the IAS issued until 2001 and the IFRS issued since then) would also be known as IFRS.To learn more about International Accounting Standards Board with the given link
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The cost of quality involves the cost of:________
a. warranties.
b. rework.
c. scrap.
d. supplies.
The cost of quality involves the cost of all the four warranties. rework. scrap and supplies.
The costs of quality of a firm is usually categorized into four types, which includes prevention costs, appraisal costs, internal failure costs, and external failure costs.
The rework costs and scrap costs are involved in the internal failure costs as they are given birth due to internal operations failure.
On the other hand, warranties costs are involved under external failure costs.
Inspection costs are covered under the appraisal costs.
Cost of quality (COQ) is defined as the methodology which allows the organization to determine to which extent resources of the organization are used for activities that prevent poor quality.
It appraises the quality of the organization’s products or services, and which resulted from internal and external failures.
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The labor-supply curve is affected by the trade-off between labor and leisure.
a. True
b. False
TRUE.
The labor-supply curve is affected by the trade-off between labor and leisure.
The opportunity cost of leisure depends on the wage rate, it increases and people supply more labor. Main factors determining the labor supply curve how desirable the work appears to its employees relative to the alternatives available in the market.
Other factors that encourages are government policies and procedures that are labor and trade effective or not. The quantity of workers trained for a particular job specifications. The number of workers in economy and the education required further.
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What is x-cel company's net income or net loss if it had revenue of $1,800, salary expense of $500, utility expense of $250, and withdrawals of $1,000 during october?
Answer: Net income of $50
Explanation:
net income is the sum of a business's cost of goods sold, expenses, interest, taxes, depreciation, and amortization subtracted from total revenuenet loss occurs when the sum of total expenses is greater than the total revenue generated by the company or businessCan be calculated by adding expenses and subtracting them from total revenue:
[tex]500+250+1000 =[/tex] Total Expenses ($)
$1750 = Total expenses
$1800 > $1750
As a result of the revenue being greater than expenses the company will experience a net incomeSubtract total expenses from total revenue:
[tex]1800-1750[/tex] = Net income
$50 = Net income
