Charisma is commonly associated with referent power. Referent power is a type of power that is based on an individual's personal characteristics and the admiration, respect, and trust that they inspire in others.
Charisma is a personal quality that allows an individual to influence and persuade others by creating a strong emotional connection with them. Charismatic leaders are often seen as inspirational and are able to motivate their followers to achieve their goals.
This type of power is different from other types of power, such as coercive power, which is based on the ability to punish or reward others, or expert power, which is based on an individual's knowledge or expertise.
Charisma is a powerful tool for leaders who want to build strong relationships with their followers and create a positive organizational culture. In order to be effective, leaders must be able to inspire and motivate their followers, and charisma is one of the key traits that can help them do so.
Therefore, having charisma is a common trait associated with referent power.
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miao is frequently underspending on his daily budget. what should he review to assess why he is underspending?
To understand why Miao is frequently underspending on his daily budget, he should review his spending habits and financial goals. Miao should start by analyzing his daily expenses, including bills, groceries, transportation, and other regular expenses.
He should compare his actual spending to his budgeted amount to identify areas where he consistently spends less than anticipated. Additionally, Miao should assess his financial goals and see if they align with his current spending behavior.
If he is consistently underspending, it could be an indication that his financial goals are not challenging enough, or he may be prioritizing saving over necessary expenses.
Miao should also review his savings plan to ensure that he is allocating his money correctly. If he is meeting his savings goals, he may want to consider reallocating some of his funds to expenses that he has been underspending on.
Finally, Miao should consider consulting a financial advisor to gain further insights and develop a comprehensive financial plan that aligns with his financial goals and spending habits.
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money leakages, however, are quite high. required reserves and leakages amount to 33% of deposits. what is the leakage-adjusted money multiplier?
If required reserves and leakages amount to 33% of deposits, then the leakage-adjusted money multiplier would be 2.33. The money multiplier would be reduced by the proportion of deposits that are "leaked" out of the banking system.
The leakage-adjusted money multiplier can be calculated using the following formula:
Money multiplier = 1 / (Required reserve ratio + Leakage ratio)
Where the leakage ratio is the proportion of deposits that are "leaked" out of the banking system.
In this case, if required reserves and leakages amount to 33% of deposits, then the leakage ratio is also 33%. Therefore, the leakage-adjusted money multiplier would be:
Money multiplier = 1 / (Required reserve ratio + Leakage ratio)
Money multiplier = 1 / (0.1 + 0.33)
Money multiplier = 1 / 0.43
Money multiplier = 2.33
So the leakage-adjusted money multiplier in this case is 2.33.
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One typical example of a closed-end credit transaction is where a purchaser obtains a loan of money from a bank to purchase a car.
True or False
True, one typical example of a closed-end credit transaction is where a purchaser obtains a loan of money from a bank to purchase a car.
Closed-end credit, also known as installment credit, involves a fixed amount of money borrowed for a specific purpose and a predetermined repayment schedule. In this case, the purchaser receives the funds from the bank to buy a car, and then repays the loan through a series of fixed monthly payments, which include both principal and interest.
Once the loan is fully repaid, the credit agreement is considered closed, and the purchaser cannot borrow additional funds without applying for a new loan.
This type of credit is commonly used for buying items that have a high cost, such as cars, appliances, or home renovations, because it allows the borrower to spread out the payments over a period of time. This makes the purchase more manageable and helps establish a clear repayment plan.
When a purchaser obtains a loan for a car, they often need to provide collateral, which in this case is the car itself. If the borrower fails to make the required payments, the bank has the right to repossess the car to recoup its losses.
The interest rate and terms of the loan are usually determined by factors such as the borrower's credit score, income, and the cost of the vehicle.
In summary, it is true that one typical example of a closed-end credit transaction is where a purchaser obtains a loan of money from a bank to purchase a car. This type of credit offers a fixed loan amount, a predetermined repayment schedule, and often requires collateral for the loan.
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A lash adjuster keeps pressure constant on engine valves, thereby increasing fuel efficiency in automobile engines. The relationship between price (p) and monthly demand (D) for lash adjusters made by the Wicks Company is given by this equation: D=(3,200 – p)/0.10. What is the demand (D) when total revenue is maximized? What important data are needed if maximum profit is desired?
The demand (D) when total revenue is maximized is 1,600.
To find the level of output that will give us maximum profit, we need to know the cost per lash adjuster.
To find the demand (D) when total revenue is maximized, we need to find the price (p) that will give us the maximum revenue. Revenue (R) is calculated as the product of price (p) and demand (D), i.e., R = pD.
To maximize revenue, we need to differentiate R with respect to p and set it equal to zero.
dR/dp = d/dp (pD) = D + p(dD/dp) = 0
Solving for p, we get:
p = (3,200 - 0.20D)
Substituting this value of p in the demand equation, we get:
D = (3,200 - (3,200 - 0.20D))/0.10
D = 1,600
Therefore, the demand (D) when total revenue is maximized is 1,600.
To maximize profit, we need to know the cost of producing each lash adjuster, as well as any other relevant costs such as shipping, taxes, etc. We can then calculate profit as the difference between revenue and total cost (TC).
Profit = R - TC
To find the level of output (i.e., demand) that will give us maximum profit, we need to differentiate profit with respect to output (D) and set it equal to zero.
d(Profit)/d(D) = d(R - TC)/d(D) = dR/dD - dTC/dD = 0
Solving for D, we get:
D = (3,200 - c)/0.20
where c is the cost per lash adjuster.
Therefore, to find the level of output that will give us maximum profit, we need to know the cost per lash adjuster.
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Dundee Co. reported the following for the current year:
Net sales $ 92,800
Cost of goods sold $ 76,000
Beginning balance of total assets $131,000
Ending balance of total assets $101,000
compute total assets turnover
The total assets turnover ratio for Dundee Co. for the current year is 0.8.
The total assets turnover ratio measures how efficiently a company is using its assets to generate revenue. It is calculated by dividing the net sales by the average total assets of the company.
The formula for the total assets turnover ratio is:
Total assets turnover ratio = Net sales / Average total assets
To calculate the average total assets, we need to add the beginning and ending total assets and divide by 2.
Average total assets = (Beginning total assets + Ending total assets) / 2
Average total assets = ($131,000 + $101,000) / 2
Average total assets = $116,000
Now we can calculate the total assets turnover ratio:
Total assets turnover ratio = Net sales / Average total assets
Total assets turnover ratio = $92,800 / $116,000
Total assets turnover ratio = 0.8.
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Carla Company is in the process of preparing its financial statements for 2020. Assume that no entries for depreciation have been recorded in 2020. The following information related to depreciation of fixed assets is provided to you. cess pport 1. Carla purchased equipment on January 2 2017 for $86,600. At that time, the equipment had an estimated useful life of 10 years with a $4,600 salvage value. The equipment is depreciated on a straight-line basis. On January 2 2020, as a result of additional information, the company determined that the equipment has a remaining useful life of 4 years with a $3.000 salvage value. 2. During 2020. Carla changed from the double-declining-balance method for its building to the straight-line method. The building originally cost $320.000. It had a useful life of 10 years and a salvage value of $32,000. The following computations present depreciation on both bases for 2018 and 2019. 2019 2018 Straight-line $28.800 $28.800 Declining-balance 51.200 64.000 3. Carla purchased a machine on July 1, 2018 at a cost of $140.000. The machine has a salvage value of $14.000 and a useful life of 8 years. Carla's bookkeeper recorded straight-line depreciation in 2018 and 2019 but failed to consider the salvage value.
The total depreciation expense for 2020 is $15,500 + $23,240 + $11,375 = $50,115.
Based on the information provided, we can calculate the depreciation expense for each asset in 2020:
Equipment:
Original cost = $86,600
Salvage value = $4,600
Useful life = 10 years
Annual depreciation = (86,600 - 4,600) / 10 = $8,200
Accumulated depreciation at the end of 2019 = 8,200 x 3 = $24,600
Remaining useful life as of January 2, 2020 = 4 years
Depreciable cost as of January 2, 2020 = 86,600 - 24,600 = $62,000
Depreciation expense for 2020 = 62,000 / 4 = $15,500
Building:
Original cost = $320,000
Salvage value = $32,000
Useful life = 10 years
Accumulated depreciation at the end of 2019 (under straight-line method) = $28,800 x 2 = $57,600
Depreciable cost as of January 1, 2020 = 320,000 - 57,600 = $262,400
Depreciation expense for 2020 (under straight-line method) = (262,400 - 32,000) / 10 = $23,240
Machine:
Cost = $140,000
Salvage value = $14,000
Useful life = 8 years
Accumulated depreciation at the end of 2019 (under straight-line method) = $140,000 / 8 x 2 = $35,000
Depreciable cost as of January 1, 2020 = 140,000 - 35,000 = $105,000
Depreciation expense for 2020 = (105,000 - 14,000) / 8 = $11,375
Therefore, the total depreciation expense for 2020 is $15,500 + $23,240 + $11,375 = $50,115.
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the purpose of many business messages is to make a request or to reply to previously received communication. familiarize yourself with the organization of these messages so you can communicate your purpose and achieve a positive outcome. read the scenario, and then answer the question. your manager asks you for advice about a request e-mail she is composing to a customer. what advice would you give? focus on benefits to the customer. eliminate parallel construction when possible. avoid itemizing information in lists.
Composing a request email to a customer, focusing on benefits to the customer, eliminating parallel construction, and avoiding itemized lists. Here's my advice:
1. Start with a clear and concise subject line: This helps the customer understand the purpose of the email immediately.
2. Address the customer professionally and politely: Use their name and any appropriate titles to show respect and build rapport.
3. Clearly state the purpose of the email: Explain the reason for the request in a concise manner, ensuring the customer understands why they are being contacted.
4. Focus on benefits to the customer: When presenting your request, highlight the advantages and benefits the customer will gain by fulfilling the request. This will make the customer more inclined to cooperate.
5. Eliminate parallel construction when possible: To make your email easy to read, avoid using parallel construction, as it may make the text repetitive and difficult to understand.
6. Avoid itemizing information in lists: Instead of using bullet points or numbered lists, present information in a more narrative form. This helps maintain a conversational tone and keeps the email from appearing too formal or demanding.
7. Provide clear and specific information: Ensure that the customer has all the details needed to fulfill your request. Be clear about deadlines, contact information, and any additional requirements.
8. Close the email professionally and politely: Thank your customer for their time and consideration, and let them know how they can reach you if they have any questions or concerns.
By following this advice, your manager can compose an effective and professional request email that focuses on the customer's benefits and increases the chances of a positive outcome.
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24. Costs of normal shrinkage and normal continuous losses in a process costing environment are handled by the method of accretion. true or false
The statement "Costs of normal shrinkage and normal continuous losses in a process costing environment are handled by the method of accretion" is false because the method of accretion is not used to handle costs of normal shrinkage and normal continuous losses in a process costing environment.
In a process costing environment, the costs of normal shrinkage and normal continuous losses are typically handled by the method of proration, not accretion. Proration involves allocating the costs of the lost units to the remaining units in the process, which helps to distribute the expenses fairly and accurately among the produced units.
Accretion refers to the gradual increase in the value of an asset, which is not related to handling shrinkage or continuous losses in process costing.
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Categorize each of the following funding schemes as examples of the benefits principle or the ability-to-pay principle. scheme benefits principle ability-to-pay principle college students pay tuition to attend public college. local property taxes support elementary and secondary schools. a highway trust fund collects a federal fuel tax to pay for road construction and other surface transportation projects.
The categorization of the funding schemes as examples of the benefits principle or the ability-to-pay principle is as follows: College students pay tuition to attend public colleges. benefits principle, Local property taxes support elementary and secondary schools. ability-to-pay principle and A highway trust fund collects a federal fuel tax to pay for road construction and other surface transportation projects - benefits principle
1. College students pay tuition to attend public college: This is an example of the benefits principle, as students who attend and directly benefit from the public college are the ones paying for it through tuition fees.
2. Local property taxes support elementary and secondary schools: This is an example of the ability-to-pay principle, as property owners pay taxes based on their property value, which generally correlates with their financial capacity. These taxes then fund schools that benefit the entire community, not just the property owners.
3. A highway trust fund collects a federal fuel tax to pay for road construction and other surface transportation projects: This is an example of the benefits principle, as those who use the highways and transportation infrastructure (and thus benefit from it) are the ones contributing to the trust fund through fuel taxes.
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Government wants to maximize its tax revenue and it can only place a $2 per unit tax on one of two goods. It should place the tax (on the production) of the good whose demand curve has the a. shorter length b. lower price elasticity of demand. c higher price elasticity of demand. d. greater length
The government should place the tax on the production of the good whose demand curve has the lower price elasticity of demand. The correct answer is option b.
Price elasticity of demand measures the responsiveness of demand to changes in price. When the price elasticity of demand is low, it means that consumers are relatively insensitive to changes in price, and a tax is less likely to cause a significant decrease in demand.
Therefore, the government can place a higher tax on the production of the good with a lower price elasticity of demand without significantly reducing the demand for that good.
On the other hand, if the demand curve has a higher price elasticity of demand, it means that consumers are more sensitive to changes in price, and a tax is more likely to cause a significant decrease in demand.
Therefore, the government may not be able to generate as much tax revenue by placing a tax on the production of a good with a higher price elasticity of demand.
The length of the demand curve is not directly related to the price elasticity of demand, so it is not a determining factor in deciding where to place the tax.
The correct answer is option b.
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Wally world had a contract to purchase 300,000 electric mini-mercedes from harry's toy co. the toy cars were to be delivered by november 11. on october 21, the consumer product safety commission (a governmental body) announced a recall of the toy cars as well as a ban on their sales because of electrical shorts and a high risk of fire in the cars. harry's has not delivered the cars to wally world. harry's: __________
Harry's is in breach of their contract with Wally World due to their failure to deliver the toy cars by the agreed-upon date of November 11. Additionally, the recall and sales ban by the Consumer Product Safety Commission present a legal issue for Harry's and may result in further consequences.
Wally World had a contract to purchase 300,000 electric mini-Mercedes from Harry's Toy Co., with the delivery date set for November 11. However, on October 21, the Consumer Product Safety Commission announced a recall of the toy cars and imposed a ban on their sales due to electrical shorts and a high risk of fire.
As a result, Harry's Toy Co. has not delivered the cars to Wally World. In this situation, Harry's Toy Co. is excused from performing the contract due to the intervention of the governmental body, which has made the fulfillment of the contract impossible and/or illegal.
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There are many types of mutual funds and exchange traded funds, but as an entire group, their primary and defining benefit relative to other types of investments is which of the following:
A. Hybridization
B. Voting rights
C. Government insurance
D. Low management costs
E. Diversification
The primary and defining benefit of mutual funds and exchange-traded funds (ETFs) relative to other types of investments is their ability to provide investors with diversification. The correct option is D.
By investing in a mutual fund or ETF, investors can gain exposure to a wide variety of stocks, bonds, and other assets, thereby reducing their overall risk. This is in contrast to individual stocks or bonds, which can be much riskier investments since they rely on the performance of a single company or entity. Additionally, mutual funds and ETFs typically have lower management costs than other types of investments, making them an attractive option for investors who want to maximize their returns.The correct answer is D.Learn more about diversification: https://brainly.com/question/18647091
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The SPDR S&P 500 ETF Trust (SPY) is a widely used ETF that offers investors a way to gain exposure to the performance of the S&P 500 index, providing diversification, market performance, and liquidity. ETF stands for Exchange Traded Fund. One example of an ETF is the SPDR S&P 500 ETF Trust (SPY). SPY is a popular ETF that tracks the performance of the S&P 500 index, which represents the largest publicly traded companies in the United States.
1. Description: SPY aims to replicate the performance of the S&P 500 index, providing investors with exposure to a diversified portfolio of large-cap stocks.
2. Ticker: SPY
3. Market value: The market value of an ETF represents the total worth of all the shares outstanding. As of September 2021, the market value of SPY is approximately $450 billion.
4. Share Price: The share price of SPY is determined by dividing the market value by the number of outstanding shares. As of September 2021, the share price of SPY is around $440.
5. Strategy: SPY uses a passive investment strategy, meaning it seeks to closely replicate the performance of the S&P 500 index by holding the same stocks in the same proportions as the index.
Investors may choose to purchase SPY for several reasons:
- Diversification: SPY provides exposure to a broad range of large-cap stocks, spreading the investment risk across multiple companies.
- Market Performance: By tracking the S&P 500 index, investors can participate in the overall performance of the U.S. stock market.
- Liquidity: SPY is highly liquid, allowing investors to easily buy or sell shares on the stock exchange.
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A medical equipment company wants to create a budget that is practical and that will enable its managers to make more accurate comparisons between actual costs and budgeted costs. thus, the company creates a budget that is developed over a range of possible sales levels and is designed to show the appropriate budgeted level of costs for each different level of sales. given this information, which budgets has the company created?
The medical equipment company has created a flexible budget that allows for variations in sales levels and shows the appropriate budgeted costs for each level of sales.
This type of budget is practical and enables managers to make accurate comparisons between actual and budgeted costs, helping them to monitor performance and make informed decisions.
Based on the information provided, the medical equipment company has created a flexible budget. A flexible budget is developed over a range of possible sales levels and is designed to show the appropriate budgeted level of costs for each different level of sales.
This enables managers to make more accurate comparisons between actual costs and budgeted costs, making it a practical choice for the company.
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jesaki water sports incurs the following costs in producing water ski vests in one day, for : fixed costs, $346; unit production cost, $21 per vest; equipment maintenance and repairs, 0.03 dollars. find the minimum average cost of a water ski vest. round to the nearest cent. $ per vest
The minimum average cost of a water ski vest is $21.03 per vest.
The minimum average cost (MAC) is the sum of fixed cost and variable cost per unit, divided by the number of units produced.
In this case, the fixed cost is $346 and the variable cost per unit is $21 + $0.03 = $21.03. Therefore, the MAC can be calculated as:
MAC = ($346 + $21.03)/1 = $367.03/1 = $21.03 per vest (rounded to the nearest cent).
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what is the minimum subsidy needed to get boeing to enter the market?
The minimum subsidy needed to get Boeing to enter the market will depend on various factors such as the level of competition in the market, the potential profitability of the industry, and the cost of production.
Boeing, being a major player in the aerospace industry, is likely to have high production costs, and therefore, may require a substantial amount of subsidy to enter a market. Additionally, the level of competition in the market will also affect the amount of subsidy needed. If the industry is highly competitive with several players already established, Boeing may require a higher subsidy to overcome the market barriers.
Conversely, if the market has limited competition and high profit potential, Boeing may require a lower subsidy. Ultimately, the amount of subsidy needed will depend on a careful analysis of the industry and the specific market conditions.
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Deferred Tax Liability - $25 000 000
Over provision- $8 000 000
Taxation The company is currently unregulated, hence, it pay income taxes at the rate of 25%. The entity has accumulated deductible temporary difference amounting to $100 million and the committee indicated that it is probable that the company will earn sufficient taxable profits in the future to realize the entire deductible temporary differences. The entity reported taxable profits for the year of assessment December 2021 amounting to $240 million
The company has a deferred tax liability of $25 million, which means it has taxable temporary differences that will result in higher taxes payable in the future.
However, the company has also over-provisioned by $8 million, meaning it has set aside more money than necessary for tax payments. The company currently pays income taxes at a rate of 25%, and has accumulated deductible temporary differences of $100 million, which can be used to offset future taxable profits. For the year of assessment December 2021, the company reported taxable profits of $240 million.
Overall, it appears that the company is managing its tax liabilities effectively and has a solid plan to realize its deductible temporary differences in the future.
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QUESTION 166 You are required to give the correct accounting treatment for the following in line with provisions of AS 10: (a) Trozen Ltd. operates a major chain of supermarkets all over India. It acq
accounting treatment for Trozen Ltd. in line with provisions of AS 10 (Accounting Standard 10: Property, Plant, and Equipment).
Trozen Ltd. operates a major chain of supermarkets all over India:
1. Identify and record the cost of property, plant, and equipment (PPE): In line with AS 10, Trozen Ltd. should initially record the cost of PPE at the cost of acquisition or construction, including any costs directly attributable to bringing the asset to its working condition for its intended use.
2. Determine the depreciation method and useful life: Trozen Ltd. should determine the depreciation method that best reflects the pattern in which the future economic benefits of the asset will be consumed. Common methods include straight-line, diminishing balance, and units of production. Additionally, Trozen Ltd. should estimate the useful life of each asset, taking into account factors such as wear and tear, technical obsolescence, and legal limits.
3. Depreciate the asset: Trozen Ltd. should charge depreciation expense for each asset over its estimated useful life, applying the chosen depreciation method.
4. Review and adjust: Trozen Ltd. should review the residual value, useful life, and depreciation method of each asset at least at the end of each financial year, making any necessary adjustments to reflect changes in expectations.
5. Disclose information in financial statements: Trozen Ltd. should disclose the following information in their financial statements: the carrying amount of PPE, the depreciation method used, the accumulated depreciation, and the gross carrying amount.
By following these steps, Trozen Ltd. can ensure compliance with the provisions of AS 10 in its accounting treatment for its chain of supermarkets all over India.
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the account that is debited for the total amount of the gross earnings of all employees for each pay period is:_____.
The account that is debited for the total amount of the gross earnings of all employees for each pay period is typically the "payroll expense" account. This account is used to record the expenses associated with paying employees, including their wages, salaries, bonuses, and any other compensation.
Each pay period, the employer calculates the total amount of gross earnings for all employees and debits the payroll expense account for that amount. This account is then credited with the amount of taxes and other withholdings that are required by law, such as Social Security and Medicare taxes.
The payroll expense account is an important account for any business because it provides a way to track the cost of labor and monitor expenses related to paying employees. By monitoring this account, employers can better manage their labor costs and make adjustments as needed to ensure that the business remains profitable.
In summary, the payroll expense account is debited for the total amount of the gross earnings of all employees for each pay period. This account provides an important tool for tracking labor costs and managing expenses associated with paying employees.
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When the business process is performed in the best possible way, with little or no waste, then the business:
a. increases effectiveness.
b. reduces basis points.
c. achieves efficiency.
d. increases variances.
When the business process is performed in the best possible way, with little or no waste, then the business achieves efficiency.
To achieve efficiency, businesses often look at their processes and procedures in order to identify areas where they can eliminate waste and improve productivity.
This can involve using lean methodologies, such as Six Sigma, which are designed to identify and eliminate waste and inefficiencies in business processes.
There are several benefits to achieving efficiency in a business. For example:
Reduced Costs: By eliminating waste and streamlining processes, businesses can reduce their costs, which can lead to increased profitability.
Improved Quality: When a business is efficient, it is able to produce higher quality products or services with fewer errors or defects.
Increased Productivity: By eliminating inefficiencies, businesses can increase their productivity, which can lead to increased output and revenue.
Enhanced Customer Satisfaction: When a business is efficient, it is able to provide its customers with higher quality products or services in a timely and cost-effective manner, which can lead to increased customer satisfaction and loyalty.
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uses intelligence from industry and company research to ask the client quality questions that are designed to position the sales representative as an equal in the business discussion, particularly with c-level executives.
Approach that uses industry and company research to ask quality questions to clients, particularly with c-level executives. The main approach to achieve this is through Consultative Selling.
Here are the steps involved in this approach:
1. Conduct thorough industry and company research: Gather relevant information about the client's industry, market trends, challenges, and the company's position within that industry.
2. Analyze the research: Identify the key challenges and opportunities that the client may be facing and how your product or service can potentially address these issues.
3. Prepare quality questions: Based on your research, create a list of insightful, thought-provoking questions that demonstrate your understanding of the client's business and industry. These questions should be designed to position you as an equal in the business discussion.
4. Engage with the client: Initiate a conversation with the client, particularly c-level executives, by asking your prepared questions. Listen carefully to their responses and ask follow-up questions as needed.
5. Position your product or service: Use the information gathered from the client's responses to position your product or service as a solution to their challenges and needs. Explain how your offering can help them achieve their business goals.
By following the Consultative Selling approach, you can effectively use intelligence from industry and company research to ask quality questions that position you as an equal in the business discussion, particularly with c-level executives.
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Refer to textbook case, Analyzing Management Decisions, Applying Customer-Oriented Marketing Concepts at Thermos, on page 552 of the course text (chapter 14).
Read and analyse the case following the format outlined below. (The questions posed simply help to focus your analyses and approach. They guide you in exploring stakeholder perspectives and possible alternatives/solutions.) Support any assumptions that you make (use citations), and remember to apply terms and concepts from the text. The objective of any assignment is to demonstrate what you have learned in the course!
Format
Use the following standard report format to organize your analyses:
Introduction – in a paragraph, briefly summarize the issues. (0.5%)
Problem Statement – in a sentence, describe the major problem that must be resolved. (0.5%)
Stakeholder Analysis – Consider the complexity of the situation and the potentially conflicting perspectives of at least three various stakeholders (refer to chapter 1), applying concepts from the text. (4%)
Alternatives – propose and analyze three alternative solutions, which must be supported by concepts in the text, or external research. (2%)
Recommended Solution – what would you advise? How will you implement your recommendation? (1.5%)
Conclusion – briefly summarize why your solution best resolves the problem. (0.5%)
[Format, References and style (1%)]
Introduction:
Thermos is a company that supplies consumers with products such as insulated containers, and is looking for ways to improve customer service and increase customer loyalty.
Problem Statement:
The major problem that must be resolved is how to improve customer service and increase customer loyalty at Thermos.
Stakeholder Analysis:
The key stakeholders in this situation are the customers, Thermos, and suppliers. The customers are looking for a convenient and enjoyable shopping experience, while Thermos is looking to increase sales and customer loyalty. The suppliers are looking to increase their sales and maintain a good relationship with Thermos.
Alternatives:
The first alternative is to implement a loyalty program. This would provide customers with incentives to purchase products from Thermos, and also allow Thermos to track customer purchases and identify customer preferences. The second alternative is to focus on customer service. This could include training employees to be more knowledgeable about the products and providing customer service that exceeds customer expectations. The third alternative is to focus on product innovation. This could include introducing new and improved products, as well as providing more options for customers.
Recommended Solution:
The recommended solution is to focus on customer service and product innovation. This will allow Thermos to provide customers with a more enjoyable shopping experience, as well as introducing new and improved products that will keep customers coming back. Additionally, this solution will also allow Thermos to build customer loyalty by providing customers with an incentive to purchase products from Thermos.
Conclusion:
Focusing on customer service and product innovation is the best solution to improve customer service and increase customer loyalty at Thermos. This solution will provide customers with a better shopping experience, as well as giving Thermos the opportunity to track customer purchases and identify customer preferences. Additionally, this solution will also allow Thermos to introduce new and improved products to keep customers coming back.
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Given a hypothetical country where only Wheat and Steel are produced, calculate the GDP deflator for Base year: Quantity produced Price Wheat Steel Wheat Steel Current 100 20 10 50 Base year 110 16 12 55 a. 86.9 b. 100 c. 150 d. 90
The GDP deflator for the hypothetical country for the Base year is 90. To calculate the GDP deflator, we need to compare the nominal GDP in the current year with the real GDP in the base year.
Real GDP is calculated using the prices from the base year. The nominal GDP for the current year is calculated by multiplying the quantity produced in the current year with the current prices, which is (100*10) + (20*50) = 1500.
The real GDP for the base year is calculated by multiplying the quantity produced in the base year with the prices from the base year, which is (110*12) + (16*55) = 1320. The GDP deflator is calculated by dividing the nominal GDP with the real GDP and multiplying the result with 100, which is 1500/1320 * 100 = 90.
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In the context of equity theory, pay, fringe benefits, status symbols, and job titles and assignments are examples of _____.
a. expectancies
b. outcomes
c. referents
d. valences
e. certainties
In the context of equity theory, pay, fringe benefits, status symbols, and job titles and assignments are examples of outcomes.
Equity theory is a social psychological theory that explains how individuals perceive fairness and equity in social exchanges. It posits that people are motivated by a sense of fairness in their relationships with others, and they seek to balance the ratio of inputs (e.g. effort, time, resources) and outcomes (e.g. rewards, benefits) in these relationships.
According to equity theory, people compare the ratio of their own inputs and outcomes to those of others in similar situations. If they perceive that the ratios are equal, they feel a sense of fairness and satisfaction. However, if they perceive that the ratios are unequal, they experience a sense of inequity, which can lead to negative emotions such as anger, frustration, and resentment.
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Ten economies have all reached a steady state. According to the Solow growth model, which of the following is true?
a. They all have the same level of real gross domestic product (GDP).
b. They all have the same level of real GDP per capita.
c. They are all growing at the same positive rate.
d. Investment in each of these economies is equal to zero.
e. They all have the same rate of depreciation.
please make sure u answer it true?
The correct answer is:c. They are all growing at the same positive rate. According to the Solow growth model, the steady state is a situation where the capital per worker and the output per worker are constant and do not change over time.
This happens when the investment per worker is equal to the depreciation per worker.
The answer to your question is c. They all have the same level of real GDP per capita. This is because in the steady state, the real GDP per capita depends only on the savings rate, the depreciation rate, and the level of technology. Therefore, if ten economies have reached a steady state, they must have the same values for these parameters and hence the same real GDP per capita.
In the Solow growth model, when economies reach a steady state, it means that they have reached a point where the growth rate is constant, and capital per worker and output per worker have stabilized. While the level of real GDP or real GDP per capita may differ across the economies, they will all be growing at the same positive rate in the steady state.
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based on recent history, an investor would have a lower risk level with a portfolio consisting of:group of answer choicesall bonds
Based on recent history, an investor would have a lower risk level with a portfolio consisting of all bonds. Bonds are considered to be less risky investments compared to stocks.
This is because bonds represent a debt obligation of a company or government entity, whereas stocks represent an ownership stake in a company. In the event of a company's bankruptcy, bondholders are paid before stockholders. Additionally, bonds typically provide a fixed rate of return, which makes them a more predictable investment.
Furthermore, during times of market volatility and economic uncertainty, investors often flock to bonds as a safe haven investment. This can lead to an increase in demand for bonds, which can drive up their prices and lower their yields. As a result, investors who hold bonds may see less volatility in their portfolio and more stable returns.
However, it's important to note that no investment is entirely risk-free. Even bonds carry some level of risk, such as the risk of default or inflation risk. Therefore, investors should carefully consider their risk tolerance and investment objectives before constructing a portfolio consisting solely of bonds.
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which of the following is not an input in a company's wacc? group of answer choices long-term debt. preferred stock retained earnings accounts payable
Accounts payable is not an input in a company's Weighted Average Cost of Capital (WACC). The correct answer is option d.
The inputs in a company's WACC calculation are:
Long-term debtPreferred stockRetained earnings (common equity)Common stock (if new equity is being issued)Accounts payable is a liability account on a company's balance sheet that represents the amount a company owes to its suppliers or vendors for goods or services purchased on credit.
It is not a source of financing, and therefore, it is not included in the calculation of WACC.
Thus, the correct answer is option d.
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Complete question
which of the following is not an input in a company's wacc?
a. long-term debt.
b. preferred stock
c. retained earnings
d. accounts payable
a corporation pays $5,000 of personal debts owed by its deceased and insolvent president to salesman employed by the corporation in order to retain their loyalty
This action by the corporation could be seen as a violation of ethical principles and laws related to the use of corporate funds.
The payment of personal debts of a deceased and insolvent president using corporate funds could be viewed as a misuse of corporate assets, and could be seen as an attempt to influence the loyalty of employees through inappropriate means.
Such actions could also be viewed as fraudulent or as a breach of fiduciary duty, as the corporation has a responsibility to act in the best interests of its shareholders and to use corporate funds in a lawful and ethical manner.
Additionally, this action could also create a conflict of interest for the employees, who may feel indebted to the corporation for the payment of their personal debts, potentially compromising their ability to act in the best interests of the corporation.
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gibson valves produces cast bronze valves on an assembly line, currently producing 1600 valves each 8-hour shift. if the productivity is increased by 10%, it would then be:
If Gibson Valves currently produces 1600 valves in an 8-hour shift, then their current productivity is 200 valves per hour (1600 valves divided by 8 hours).
If their productivity is increased by 10%, then their new productivity would be:
New productivity = Current productivity x (1 + increase percentage)
New productivity = 200 valves per hour x (1 + 0.10)
New productivity = 220 valves per hour
Therefore, if Gibson Valves increases their productivity by 10%, they would be able to produce 2200 valves in an 8-hour shift (220 valves per hour x 8 hours).
Productivity measures the efficiency of a production process by comparing the output to the input. In the case of Gibson Valves, the current productivity can be calculated as 1600 valves per 8-hour shift, which equals 200 valves per hour. If the productivity is increased by 10%, then the new productivity would be 220 valves per hour (200 valves x 1.1).
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On January 1, 2011, Ellsworth Company completed the following transactions (use an 8percent annual interest rate for all transactions):a. Borrowed $2,000,000to be repaid in five years. Agreed to pay $150,000interest each year for the five years.b. Established a plant addition fund of $1,000,000to be available at the end of year 10. A single sum that will grow to $1,000,000will be deposited on January 1, 2011.c. Purchased a $750,000machine on January 1, 2011, and paid cash, $400,000. A four-year note payable is signed for the balance. The note will be paid in four equal year-end payments starting on December 31, 2011.1. In transaction (a), determine the present value of the obligation.2. In transaction (b), what single amount must the company deposit on January 1, 2011? What is the total amount of interest revenue that will be earned?3. In transaction (c), what is the amount of each of the equal annual payments that will be paid on the note? What is the total amount of interest expense that will be incurred?
In transaction (a), the total present value of the obligation is $2,043,678.14.
In transaction (b), the company must deposit a single sum that will grow to $1,000,000 at the end of year 10. In transaction (c), the amount of each of the equal annual payments that will be paid on the note is $139,258.18.
1. To determine the present value of the obligation in transaction (a), we need to calculate the present value of the $150,000 annual interest payments for five years and the $2,000,000 principal payment to be made at the end of year five.
Using an 8% annual interest rate, the present value of the interest payments is $574,349.58 and the present value of the principal payment is $1,469,328.56. Therefore, the total present value of the obligation is $2,043,678.14.
2. In transaction (b), the company must deposit a single sum that will grow to $1,000,000 at the end of year 10. Using an 8% annual interest rate, the single amount that must be deposited on January 1, 2011 is $463,193.51. The total amount of interest revenue that will be earned is $536,806.49 ($1,000,000 - $463,193.51).
3. In transaction (c), the amount of each of the equal annual payments that will be paid on the note is $139,258.18. The total amount of interest expense that will be incurred is $146,946.34. This is calculated by taking the total interest payable on the note ($249,946.34) and subtracting the interest payable in the first year ($103,000).
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the net present value of an acquisition is equal to: multiple choice the present value of expected future cash flows, plus the initial cash outlay. the present value of expected future cash flows, less the initial cash outlay. the sum of expected future cash flows, less the initial cash outlay. none of the choices are correct.
The net present value of an acquisition is equal to present value of expected future cash flows, less the initial cash outlay. Option B is correct.
The difference between the present value of cash inflows and cash outflows over time is called the net present value (NPV). The profitability of a planned investment or project is evaluated using the NPV in capital budgeting and investment planning.
Net present worth is the distinction between the current worth of your money inflows and the current worth of your money surges over a given period. It is utilized in speculation arranging and capital planning to gauge the benefit of tasks or ventures, like bookkeeping pace of return
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Incomplete question:
the net present value of an acquisition is equal to: multiple choice
A. the present value of expected future cash flows, plus the initial cash outlay.
B. the present value of expected future cash flows, less the initial cash outlay.
C. the sum of expected future cash flows, less the initial cash outlay.
D. none of the choices are correct.