Answer: business
Explanation:
Business strategy refers to the clear set of plans, which outlines how a business will be able to compete in a particular market.
Since the corporate executives at the headquarters have decided that the company’s objective for the next two years will be to increase its customer equity, or the value of potential future revenues that are generated by all its customers in a lifetime, then this is a business strategy as it depicts the plan that'll be used in achieving organizational goals.
Mayree is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selecting hard-to-find books and magazines that her clientele enjoy. Recently, Mayree is experiencing a cash flow shortage, and she is concerned that she may be purchasing too many copies of each title. Having recently completed a business class, you suggest to Mayree that she calculate the ______________ ratio for her store, and then compare it to other stores in her industry.Multiple Choice
Answer:
Inventory turnover
Explanation:
From the question we are informed Mayree who is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selecting hard-to-find books and magazines that her clientele enjoy. Recently, Mayree is experiencing a cash flow shortage, and she is concerned that she may be purchasing too many copies of each title. Having recently completed a business class, I can suggest to Mayree that she calculate the Inventory turnover ratio for her store, and then compare it to other stores in her industry. Inventory turnover can be regarded as rate at which particular company make sales of it's stock of goods and make replacement of its stock of goods during a particular period.
The inventory turnover ratio can be regarded as formula which is cost of goods that is been sold divided by average inventory within the same period.
Mathematically,
inventory turnover=[Net sales/ Average inventory at particular selling price]
quantity demanded varies inversely with price, other things constant*
A quantity demanded
B demand
c law of demand
D change in demand
Answer:
c. law of demand
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
Demand can be defined as the total amount of goods or services that consumers are willing and able to purchase at a given price.
Law of demand states that quantity of goods or services demanded varies inversely with their price, other things constant or being equal. Thus, the smaller the quantity of goods or services demanded, the higher the price and vice-versa.
According to the law of demand, there exist a negative (inverse) relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.
This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.
Additionally, the law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.
At the end of the current year, using the aging of receivable method, management estimated that $24,750 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $675. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense
Answer:
Dr Bad Debt Expense $25,425
Cr Allowance for Doubtful Accounts $25,425
Explanation:
Based on the information given the appropriate adjusting entry should the company make at the end of the current year to record its estimated bad debts expense will be
Dr Bad Debt Expense $25,425
Cr Allowance for Doubtful Accounts $25,425
($24,750+$675)
(To record estimated bad debts expense )
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year.Beginning InventoryEnding InventoryRaw material*30,00040,000Finished goods70,00060,000-* Three pounds of raw material are needed to produce each unit of finished product.If Paradise Corporation plans to sell 510,000 units during next year, the number of units it would have to manufacture during the year would be:A) 500,000 unitsB) 520,000 unitsC) 510,000 unitsD) 570,000 units
Answer:
A) 500,000 units
Explanation:
Calculation to determine what the number of units it would have to manufacture during the year would be:
Using this formula
Units produced= Finished goods Ending inventory+Units sold-Finished goods Beginning inventory
Let plug in the formula
Units produced = 60,000 + 510,000 − 70,000
Units produced = 500,000 units
Therefore the number of units it would have to manufacture during the year would be:500,000 units
importance of entrepreneurship
Answer:
Entrepreneurship is important, as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs but also for related businesses. Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed.
In at least 150 words, analyze the relationships of users and participants in marketing research projects. Examine each group that makes up the structure of the marketin
Answer:
Financial markets offer some solace
Explanation:
Financial markets offer some solace: After tumbling the most in more than two months on Wednesday in the wake of the April consumer price data, the S&P 500 Index jumped on Thursday and Friday. Bond yields also retreated after a surge, suggesting no big fear of breakout inflation.#accelerationism
What is a stock exchange?
A. A place where investors can buy and sell different
investments.
B. A type of bank that buys and sells different types of
investments.
C. An organization that owns shares of stock.
D. None of the above
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.
A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.
Thus, the correct answer is option A.
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
The concept behind how the stock market works is pretty simple. Operating much like an auction house, the stock market enables buyers and sellers to negotiate prices and make trades. ... Investors can then buy and sell these stocks among themselves, and the exchange tracks the supply and demand of each listed stock.
3. If a focus group is convened in the second phase of a new product development project, what is information the group is MOST expected to discuss? what type of ads should be used for the product a N the pricing scheme for the product how the product should be made how much it costs to make the product.
Answer: how much it costs to make the product.
Explanation:
The first phase of new idea development would involve finding out how to produce the product because that is where the product is first come up with.
The second phase would see them screen the product and this would involve finding out how much it would cost so that they will know if it is best to move on with the product or drop it.
Sheridan Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1Established the petty cash fund by writing a check payable to the petty cash custodian for $225. 15Replenished the petty cash fund by writing a check for $220.30. On this date, the fund consisted of $4.70 in cash and these petty cash receipts: freight-out $96.00, entertainment expense $48.70, postage expense $41.70, and miscellaneous expense $32.50. 16Increased the amount of the petty cash fund to $325 by writing a check for $100.00. 31Replenished the petty cash fund by writing a check for $309.30. On this date, the fund consisted of $15.70 in cash and these petty cash receipts: postage expense $139.80, entertainment expense $96.40, and freight-out $71.80. (a) Journalize the petty cash transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.)
Answer:
01-Aug
Dr Petty Cash $225
Cr Cash $225
15-Aug
Dr Freight Out $96
Dr Postage Expense $41.70
Dr Entertainment Expense $48.70
Dr Miscellaneous Expenses $32.50
Dr Cash Over and Short $1.1
Cr Cash $220
16-Aug
Dr Petty Cash $225
Cr Cash $225
31-Aug
Dr Postage Expense $139.80
Dr Entertainment Expense $96.40
Dr Freight Out $71.80
Dr Cash Over and Short $1.3
Cr Cash $309.30
Explanation:
Preparation of the petty cash transactions.
01-Aug
Dr Petty Cash $225
Cr Cash $225
(To Record Establishment of fund )
15-Aug
Dr Freight Out $96
Dr Postage Expense $41.70
Dr Entertainment Expense $48.70
Dr Miscellaneous Expenses $32.50
Dr Cash Over and Short $1.1
($220-$96-$41.70-$48.70-$32.50)
Cr Cash $220
(To Record Expenses)
16-Aug
Dr Petty Cash $225
Cr Cash $225
(To increase cash in fund )
31-Aug
Dr Postage Expense $139.80
Dr Entertainment Expense $96.40
Dr Freight Out $71.80
Dr Cash Over and Short $1.3
Cr Cash $309.30
($309.30-$139.80-$96.40-$71.80)
(To Record Expenses)
If you were in a debate fighting for the rights of something what techniques should you use, just curious?
What helps in determining the reliability of a person with regard to repaying debts?
Answer: Credit score
Explanation:
A credit score is a used to show the creditworthiness of a consumer. It should be noted that the credit score is used by lenders to know if they should lend someone money or not.
The higher the credit score, the better the borrower will look to the potential lenders. It should be noted that the credit score is based on the credit history, total debts, repayment history etc.
what is sadness ??
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Answer:
sadness is when we are alone and who was break up with and who didn't care and when we are weak
Feeling down or unhappy in response to grief, discouragement or disappointment; if ongoing, may indicate depression.
#Sampad's Fan
PLEASE HELP!!!!!!!!!
40 POINTS!!!!!!!!!
Develop a sample budget for someone aged 55-65, considering the adjusted income and expenses in this life phase.
Don't put the wrong answer to get the points, please!!!
Answer:
housing- $554
food- $245
healthcare- $500
pensions- $350
entertainment- $118
transportation- $247
cash- $155
other- $94
Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or nondiversified business. concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.
Answer:
concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.
Explanation:
Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or non diversified business. co
Long-term objectives are useful because they Multiple choice question. can be accurately measured, whereas short-term objectives are vague and difficult to quantify. prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities. emphasize performance improvements in the current period. set specific expectations for employees on a day-to-day basis.
Answer:
Option B
Explanation:
Option B:
Prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities.
One major negative effect of globalization has been:
A. environmental damage due to increased production.
B. fewer jobs in the shipping and packaging industries.
C. more military conflicts between powerful nations.
D. less investment in communication technologies.
Answer:
A. environmental damage due to increased production.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace.
Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Hence, one of the major advantages of globalization is that, it has ensured or made it possible such that economic and environmental conditions in different countries of the world are related and linked with the intention of generating revenue and profits while providing goods and services to meet the demands or requirements of various consumers across the world.
However, one major negative effect of globalization has been environmental damage or pollution due to increased production by various companies across the world.
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Answer: A: environmental damage due to increased production
All of the following statements are true about non-contributory defined benefit retirement plans EXCEPT: A contribution amounts vary based upon the age of the person covered under the plan B larger contributions are made for older plan participants nearing retirement than for younger ones C once benefit payments start, the amount of the benefit is fixed D contribution amounts remain fixed based regardless of age Review
Answer: D. contribution amounts remain fixed based regardless of age
Explanation:
The statements that are true about non-contributory defined benefit retirement plans include:
• contribution amounts vary based upon the age of the person covered under the plan.
• larger contributions are made for older plan participants nearing retirement than for younger ones.
• once benefit payments start, the amount of the benefit is fixed.
It should be noted that in a defined benefit retirement plan, there is variation in the contribution amounts which depends on the individual's age that's covered under the plan. Therefore, the statement that "contribution amounts remain fixed based regardless of age" is incorrect.
In 20 words or fewer, name some other types of opportunity costs
besides money, time, and energy.
Answer:
Opportunity cost is a fictitious cost used in the assessment of alternative resource uses. The cost is the lost income from the alternative that you have not chosen to use. A standard example is when a person has a large amount of money and two options: Save them at a fixed monthly interest rate or pay off their loans. If you choose to save at a fixed monthly interest rate, the monthly cost of the loan will be the alternative cost. If, on the other hand, you choose to pay off your loans, the lost interest income will be the alternative cost.
PLEASE HELP
2 6.1.2 Exam: Exam
A.
Question 1 of 40
Which of the following is an example of internal compliance?
O A. A publishing company prevents its employees from using office
computers for personal use.
O B. An accounting firm adheres to the Sarbanes-Oxley Act to prevent
fraud.
O c. A hospital's staff members participate in state-mandated training
sessions every year.
D. A fast food restaurant follows Department of Agriculture
regulations for food preparation.
SUBMIT
The correct answer is A. A publisher prevents its employees from using office computers for personal use.
Explanation
Internal compliance is a set of strategic internal rules and measures focused on employee behavior and ethics. This internal Compliance was obtained with the aim of improving business practices aimed at raising the quality level of results, goals, and objectives. According to the above, the correct answer is "A. publisher prevents its employees from using office computers for personal use." because this is an example of a business rule that pre-empted the misuse of company equipment preventing its employees from using it for purposes other than corporate ones.
Master Mopeds Inc. has slightly different versions of the same moped for the American, European, and Asian markets. Its employees are grouped into divisions based on the market in which they have been assigned. This is an example of ________ departmentalization.
Answer:
"Geographical" is the correct answer.
Explanation:
The categorization procedure on something like a land-based foundation. If the consumers of a business are spread geographically, they can combine geographically-based employment, which is considered as Geographical departmentalization.Offerings could be developed to improve user impact on the world by offering customized services throughout a particular nation or location.As a level in the strategy-making hierarchy, corporate strategy Multiple choice question. is a broad plan for managing all businesses in a multibusiness company. is focused on achieving certain objectives in a single business owned by a multibusiness company. is developed by functional unit managers and operating managers. is a collection of strategic initiatives and actions devised by managers up and down the hierarchy.
Answer:
is a broad plan for managing all businesses in a multibusiness company.
Explanation:
A strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Generally, a business strategy or strategic plan sets the overall direction for an organization or business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.
As a level in the strategy-making hierarchy, corporate strategy is a broad clearly defined, long-term plan and vision established by business firms or organizations for managing all businesses in a multibusiness company i.e a company having numerous businesses in different locations.
The main purpose and importance of a corporate strategy is to create corporate value for a multibusiness company and motivate the employees to achieve set goals and objectives.
anybody can help with this too ??
Answer:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment
Explanation:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment
On October 4, 2018, Sheffield Corporation had credit sales transactions of $5400 from merchandise having cost $2800. The entries to record the day's credit transactions include a debit of $5400 to Inventory. credit of $2800 to Cost of Goods Sold. credit of $5400 to Sales Revenue. debit of $2800 to Inventory.
Answer:
Cost of goods sold = $5,400
Sales on credit = $2,800
Date General Journal Debit Credit
Oct. 4 Accounts receivable $5,400
Sales revenue $5,400
(To record sales on credit)
Date General Journal Debit Credit
Oct 4 Cost of goods sold $2,800
Inventory $2,800
(To record cost of goods sold)
Portland Sardines produced $14 million worth of cans of sardines. In producing these cans of sardines, it purchased $2 million dollars' worth of tin from foreign countries and paid workers who reside in Canada but commuted to the U.S. $1 million, all other labor was provided by U.S. residents. How much of the company's production was included in U.S. GDP
Answer:
$12 million
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
contribution to GDP = value of final good - value of intermediate good
14 = 2 = 12
The cost of the company production that was included in U.S. GDP is $12 million.
Using this formula
Cost of production=Cost of producing cans of sardines- Purchase
Where:
Cost of producing cans of sardines=$14 million
Purchase=$2 million
Let plug in the formula
Cost of production=$14 million- $2 million
Cost of production=$12 million
Inconclusion the cost of the company production that was included in U.S. GDP is $12 million.
Learn more about cost of production here:https://brainly.com/question/6630179
Which of the following describes intellectual property
concepts that are too abstract to be copyrighted or trademarked in any way
things that are created in the mind and not necessarily able to be seen or touched
inventions or discoveries that have significant educational or scientific value
any kind of work or creation that was developed at a college or university
give short introduction about tourism industry
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
Adding a chart to the header of a form will result in a(n)
unchanging chart.
changing chart.
chart with a legend.
chart without a legend.
Answer:
Chart without a legend.
Hope this helped.
For Bonita Industries, the predetermined overhead rate is 70% of direct labor cost. During the month, $800000 of factory labor costs are incurred of which $210000 is indirect labor. Actual overhead incurred was $340000. The amount of overhead debited to Work in Process Inventory should be:
Answer:
$147,000
Explanation:
Calculation to determine what The amount of overhead debited to Work in Process Inventory should be:
Using this formula
Overhead debited to Work in Process Inventory=Factory labor costs*Predetermined overhead rate
Let plug in the formula
Overhead debited to Work in Process Inventory=$210,000*70%
Overhead debited to Work in Process Inventory=$147,000
Therefore The amount of overhead debited to Work in Process Inventory should be:$147,000
Attaining financial objectives is important because Multiple choice question. they are related to market standing and competitive vitality. it ensures the company's viability over the long term. they are more important than strategic objectives. they indicate company's future business prospects.
Answer:
The answer is "The third choice".
Explanation:
Financial objectives are the goals of an institution that are monetarily expressible. This term means goals that immediately influence the financial reports of the company, like the revenue statement or even the balance sheet.
This gives us a better intention to leave toward main contributions. Standard accounting aims are increased revenues, higher profit margins, a decrease in difficult times as well as a return on capital.
Evaluating company performance and making corrective adjustments Multiple select question. helps management determine whether to maintain or alter the company's vision, objectives, and strategy. is an ongoing process. is important in understanding how well strategy is being executed. is necessary only when the company's strategic vision changes significantly.
Answer:
helps management determine whether to maintain or alter the company's vision, objectives, and strategy.
Explanation:
A strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
In Business management, it is very important for businesses to conduct an assessment of its internal strengths and weaknesses. This would give it certain advantages, edge and disadvantages in meeting the needs of various customers by analyzing their strengths, weaknesses, opportunities and threats (SWOT).
Hence, evaluating the performance of a company and making corrective adjustments where necessary helps management in determining whether to maintain or alter the company's vision, objectives, and strategy over a specific period of time.