Answer:
presents a theory of how a company can take action to attain its desired outcomes.
Explanation:
A balance scorecard can be defined as a performance metrics used for measuring and assessing the quality of performance of a company.
Basically, the four (4) performance metrics of a balance scorecard includes the following; customer, learning and growth, internal business processes, and financial.
Hence, a balance scorecard should be used to determine whether or not the operations of a business is in synchronization with its vision statement and values.
This ultimately implies that, a balanced scorecard presents a theory of how a company can take action so as to enable it attain its desired outcomes and achieving its set goals and objectives.
A balanced scorecard presents a theory of how a company can take action to attain it's desired outcomes. The correct option is b.
The balanced scorecard (BSC) is an indicator of strategic management performance used to identify and enhance various internal business functions as well as the external outcomes that result from them. Balanced scorecards are widely used to measure and provide feedback to organisations within the United States, the United Kingdom, Japan, and Europe. Executives and managers gather and interpret data, which is critical to providing quantitative results.
This information can be used by company personnel to make better decisions for the future of their organisations.
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How does asset utilization ratios impact financial decision making?
Answer:
Answer to the following question is as follows;
Explanation:
The asset utilisation ratio determines how much income a firm earns for every dollar of assets it possesses. An increase in asset utilisation indicates that the firm is getting more value out of each dollar of its assets. This metric is commonly used to compare the effectiveness of a company over tenure.
A system using an automated work cell controlled by electronic signals from a common centralized computer facility is called: an adaptive control system. robotics. a flexible manufacturing system. an automatic guided vehicle (AGV) system. a manufacturing cell.
Answer:
flexible manufacturing system.
Explanation:
flexible manufacturing system can be regarded as production method that is set up with features that enables it have the capability of adapting to any
alteration in the type as well in quantity of the product that is been produced. With good configuration, Machines and computerized systems can be used in production of variety of parts, it can be used to take care and adapt to changing levels of production.
It should be noted that flexible manufacturing system uses an automated work cell controlled by electronic signals from a common centralized computer facility is called: an adaptive control system. robotic
A country's current national savings and investment identity is expressed in algebraic terms as X-M = S + (G-T) - 1. In this instance:
A. there is an inflow of capital investment from the rest of the world economy.
B. there is no connection from domestic savings and investment to the trade balance.
C. the trade balance is determined by performance of certain sectors of the economy.
D. private and public domestic savings are higher than domestic investment.
Answer:
The answer is "Option A".
Explanation:
The present national reinvestment identity of a nation is expressed as [tex]X-M = S + (G-T) - 1.[/tex] In mathematical terms Inside this example, all remainder of the said world economy would be inflowing capital expenditures.
Capital investment from all around the world is coming in.
CurrentAccount and Investment Saving
[tex]C=consumption\\\\ I= investment\\\\ G=government\ spending\\\\ (X-M) = foreign \ net \ demand[/tex]
So, the [tex]CA = GNP (C+I+G)[/tex]
Domestic savings are greater than the corresponding investment, both private and public.
The rate of pay rises when capital investment exceeds anticipated saving in a given year. With a larger salary, more money can be saved, and so therefore planned saving equals intended investments. And from the other hand, when projected saving exceeds planned investments over a time, income levels decline.
So, Option "D" is the correct answer to the following question.
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Which behavior demonstrates teamwork?
A) Write a blog post about the value of teamwork.
B) Go out to lunch with coworkers.
C) Collaborate with coworkers to solve a technical problem.
D) Read a book about what one can learn from participating in team sports.
Answer:
c
Explanation:
collaborate with coworkers to solve a technical problem that's definitely teamwork
Collaborate with coworkers to solve a technical problem, behavior demonstrates teamwork. Therefore, option C is correct.
What is the technical problem ?Technical problems are unanticipated equipment issues, including hardware malfunctions or software defects, that make it difficult or impossible to carry out a desired operation.
Important disputes are resolved through collaboration, especially those that have an impact on relationships between groups. Integrating solutions, advancing perspectives, securing commitments, and learning more about the other parties and the conflict itself are the main collaborative actions.
Technical problems are equipment issues. The knowledge and skills required to carry out particular activities are known as technical skills. They are applicable and frequently have to do with mathematical, scientific, information technology, or mechanical jobs. Knowledge of design software, mechanical tools, or programming languages are a few examples.
Thus, option C is correct.
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Susan has three credit cards - 1) an Old Navy card she got her last year of high school and now doesn't use that much, 2) a Visa card she got while in college and pays an $50 annual fee for benefits she doesn't use that much, and 3) a Mastercard she opened last month which has no annual fees. Susan has decided that she only needs two credit cards, which one should she get rid of
Answer: Visa card
Explanation:
Since Susan has decided that she only needs two credit cards, then she should keep the old Navy card she got her last year of high school and the Mastercard that she opened last month which has no annual fee.
In this case, since she doesn't use the Visa card that she got while in college and th e card pays an $50 annual fee for benefits that she doesn't use that much, thus means that the card isn't beneficial to her. Therefore, she should get rid of the Visa card.
explain two sector model with saving and investment.
Answer:
sector economy, there are only two sectors of the economy, are , household sector and business sector.
which of the following is the best example of social regulations?
a. inflation rate regulations
b. anti-trust legislation
c. health and safety standards
d. regulations against price gouging
Answer:
Explanation:
The answer is C
Answer:
Health and safety standards
Explanation:
I just got it correct on the test!!!
When consumers and businesses have greater confidence that they will be able to repay in the future, _______________________. Question 5 options: the quantity demanded of financial capital at any given interest rate will remain unchanged. the quantity demanded of financial capital at any given interest rate will shift to the left. the quantity demanded of financial capital at any given interest rate will shift to the right. the quantity demanded of financial capital at any given interest rate will achieve equilibrium.
When consumers and businesses have greater confidence that they will be able to repay in the future, the quantity demanded of financial capital at any given interest rate will shift to the right.
explain the importance of office to an organisation
Answer:
Answer to the following question is as follows;
Explanation:
The office aids in the management of the operations of various employees and departments inside an organisation or corporation. Controlling guarantees that the different company operations are carried out with great precision. Remembering Facility: The office safeguards vital statistical information.
So, we say that offices are necessary for organisations.
Over the past 50 years, many countries have experienced an annual growth rate in real GDP per capita greater than that of the United States. Some examples are China, Japan, South Korea, and Taiwan. Does that mean the United States is regressing relative to other countries? Does that mean these countries will eventually overtake the United States in terms of the growth rate of real GDP per capita? Explain.
Answer:
No, the U.S. is not regressing
No, it will not take over the U.S.
Explanation:
No, the United States is not regressing because the poor country can boost their growth rate by taking the advanced technology from the developed countries like the United States. So it is easy to poor countries to increase their growth rate but for the developed nations who already using the advance technology is difficult to increase growth rate.
No, the country will not take over the United States because the percentage increase in GDP can be greater but actual value of GDP will be very high in developed nations.
59
C
Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges
Answer:
A). larger long-term credit or loan costs
B). less preparation for emergencies
E). increased long-term challenges
Explanation:
The outcomes that are likely to occur for someone who doesn't possess the skills associated with personal finance would be 'increased costs of the loan and long-term credits' which may lead to losses, 'little or no preparation for dealing with the emergency situations' that occur in a business, and 'enhanced challenges in long-term' as there is no preparation or knowledge present to overcome the situation. While a person having such skills would be more confident and prepared about the future as he has plans and preparedness in his mind and therefore, he takes decisions thoughtfully and is less probable to undergo any challenges.
Marginal benefit is the * 1 point a) increase in net benefit that a person receives from consuming another unit of a good. b) additional efficiency from producing another unit of a good. c) increase in profit from producing another unit of a good. d) change in total benefit that occurs when a person consumes another unit of the good. e) total benefit from consuming all the units of the good or service.
Answer:
d) change in total benefit that occurs when a person consumes another unit of the good.
Explanation:
Marginal cost can be defined as the additional or extra cost that is being incurred by a company as a result of the production of an additional unit of a product or service.
Generally, marginal cost can be calculated by dividing the change in production costs by the change in level of output or quantity.
Utility can be defined as any satisfaction or benefits a customer derives from the use of a product or service.
This ultimately implies that, any satisfaction or benefits a customer derives from the use of a product or service is generally referred to as a utility.
Furthermore, the marginal utility of goods and services is the additional satisfaction that a consumer derives from consuming or buying an additional unit of a good or service.
Marginal benefit can be defined as the highest amount of money (in dollars) that a consumer (buyer) is willing to pay to a seller in order to acquire an additional unit of a product i.e one more unit of the product.
Hence, marginal benefit would be described as the change in total benefit that occurs when a person consumes another unit of the good.
15. Finding a place to live in Mumbai, India, has been getting harder these days for people who are not vegetarians. Vegetarianism is a centuries-old custom among the Indian population, but the requirement is becoming more obvious as non-vegs are being segregated from vegs. A real estate broker in Mumbai who will only rent or sell a home to a vegetarian as defined that group as its:
Answer: Target market
Explanation:
Target market could be defined as those group who a producer deem fit to use his or her product. When a producer makes an item, he has a group of people in mind that would buy because they need it, those group of people are the target market. Every producer considered this.
The real estate agent target market are vegetarian because he's renting the houses for what it was specified to be
Juan argued that bluegrass is the best food for cattle in the Midwest. Sammy objected by citing how the authorities at the U.S. Department of Agriculture recommended alfalfa over bluegrass for Midwestern cattle. If Juan counters this objection by arguing that the U.S. Department of Agriculture is a bloated bureaucracy with too much fat that deserves to be cut in the next federal budget bill, then Juan has
Answer:
committed the fallacy of avoiding the issue.
Explanation:
The fallacy of avoiding the issue is also called the fallacy of irelevant conclusion or a red herring.
It occurs when an individual avoids dealing with an issue that he has a problem with.
In the given scenario the issue is whether bluegrass is better than Alfa Alfa for cattle in the Midwest.
Instead of Juan to address the issue he is arguing that the U.S. Department of Agriculture is a bloated bureaucracy with too much fat that deserves to be cut in the next federal budget bill.
He is not addressing the main issue
Servant leadership emphasizes the notion that Question 8 options: employees are paid to serve their leaders. leaders serve followers, rather than vice versa. leaders should be able to serve the organization by maximizing employee performance. employees are servants in the organization, so they should place organizational objectives above their personal needs.
Answer:
leaders serve followers, rather than vice versa.
Explanation:
Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.
In Business management, servant leadership emphasizes the notion that leaders serve followers, rather than vice versa.
outline two benefits to Mohammed's business of all his workers being able to do all of the jobs in the bakery. pls help!
Answer:
1. Saved time
2. Saved cost
Explanation:
If Mohammed owns a bakery where all his workers are able to do all the jobs, he benefits because he would;
1. Save time: Time that would have been spent in outsourcing the job to people who can do them with the accompanying risks of delays and disappointments are bypassed. Time is an essential factor in business because when goods are not available on customer's demand, they might have to seek other options.
2. Save cost: Mohammed will save the additional cost of payments to businesses that do other jobs for him. He saves money when he only has to pay three workers instead of four or more workers. This will mean more profit for his business.
Jasper is interested in making a lot of money. He is a very good salesperson. People tell him he could sell sand in the Sahara Desert! He is also a very hard worker and is willing to work a lot of hours to make the kind of money he wants. Jasper should most likely look for the kind of job that is paid
A. in a situation with team-based compensation.
B. on salary with overtime.
C. with a high hourly rate.
D. by commission.
Answer:
b its b because it says he works hard and he is willing to get a good salary
Bonita Real Estate received a check for $28440 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $28440. Financial statements will be prepared on July 31. Bonita Real Estate should make the following adjusting entry on July 31:
A. Debit Cash, $28440; Credit Rent Revenue, $28440.
B. Debit Rent Revenue, $4740; Credit Unearned Rent Revenue, $4740.
C. Debit Unearned Rent Revenue, $4740; Credit Rent Revenue, $4740.
D. Debit Unearned Rent Revenue, $28440; Credit Rent Revenue, $28440.
Answer:
C. Debit Unearned Rent Revenue, $4740; Credit Rent Revenue, $4740.
Explanation:
When money is collected in advance for service yet to be rendered, we credit unearned revenue and debit cash. As the service becomes rendered, we debit unearned revenue with the amount earned and credit revenue.
Since the money was received on 1 July and the Financial statements will be prepared on July 31, by the date of the preparation, the company has earned 1 month rent. This rent is equivalent to
= $28440/6
= $4760
Hence the adjusting entry on July 31 will be
C. Debit Unearned Rent Revenue, $4740; Credit Rent Revenue, $4740.
During 20X5 Peterson Company experienced financial difficulties and is likely to default on a $500,000, 15%, three-year note dated January 1, 20X4, payable to Forest National Bank. On December 31, 20X5, the bank agreed to settle the note and unpaid interest of $75,000 for 20X5 for $50,000 cash and marketable securities having a current market value of $375,000. Peterson's acquisition cost of the securities is $385,000. Ignoring income taxes, what amount should Peterson report as a gain from the debt restructuring in its 20X5 income statement
Answer:
The amount that Peterson should report as a gain from the debt restructuring in its 20X5 income statement is $150,000.
Explanation:
This can be calculated as follows:
Details Amount ($)
Principal 500,000
Interest accrued 75,000
Net carrying amount 575,000
Settlement price:
Cash (50,000)
Current market value of marketable securities (375,000)
Gain from debt restructuring 150,000
Therefore, the amount that Peterson should report as a gain from the debt restructuring in its 20X5 income statement is $150,000.
Note: The gain calculated above is a gain before tax. The applicable tax rate to Peterson Company in its country of operation has to be used by it to determine its gain after tax.
Which type of banking system did the Federal Reserve Act of 1913 establish?
A. A system composed of twelve privately owned regional banks that were regulated by the Federal Reserve Board
B. A system composed of twelve small privately owned banks that were not subject to federal oversight
C. A system consisting of multiple state-owned banks that were subject to oversight by the State Reserve Board
D. A system consisting of a large national bank publicly run by the federal government
Answer:
A. A system composed of twelve privately owned regional banks that were regulated by the Federal Reserve Board
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Hence, the type of banking system that the Federal Reserve Act of 1913 establish is a system composed of twelve privately owned regional banks that were regulated by the Federal Reserve Board.
Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;
I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
II. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."
III. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.
Also, the Fed is saddled with the responsibility of selling government securities such as treasury bills to the public.
Answer:
Each of twelve regional districts has a Federal Reserve Bank.
Explanation:
Providing incentives for customers to learn more about your service is known as
Answer:
permission marketing.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers.
Typically, it involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Hence, when a service provider make incentives for his or her customers to learn more about the service he or she provides, it is known as permission marketing.
This marketing concept was introduced by the marketing expert known as Seth Godin in 1999.
Basically, permission marketing is a form of advertising that involves advertising a person's goods and services to customers when they've given or granted consent to the marketer in advance.
Alpha Company manufactures Product P and sells it in packs of 10 units. The actual results for the first week in January are as follows: Actual production 25,000 packs of Product P Actual cost of raw material Q 95,500 units at $0.85 Actual cost of labor 500 hours at $6.25 Standard quantity of raw material 96,000 units for 25,000 units of Product P Standard price of raw material Q $0.77 Calculate the total material variance for Product P for the first week in January
Answer:[tex]67500[/tex]
The right solution is "13,675 U".
Explanation:
According to the question,
The standard material cost will be:
= [tex]25000\times (\frac{90000}{30000} )\times 0.90[/tex]
= [tex]25000\times 30000\times 0.90[/tex]
= [tex]67,500[/tex]
The actual material cost will be:
= [tex]95500\times 0.85[/tex]
= [tex]81,175[/tex]
hence,
The total material price variance will be:
= [tex]Actual \ cost - Standard \ cost[/tex]
= [tex]81175-67500[/tex]
= $[tex]13,675[/tex] (Unfavorable)
Question Mode Multiple Select Question Select all that apply A cost accounting system: (Check all that apply.) Multiple select question. is used to control costs of manufacturing activities. provides general information used by investors. is used only with a perpetual inventory system. helps managers' determine selling prices.
Answer:
✓is used to control costs of manufacturing activities
✓helps managers determine selling prices
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
A cost accounting system: (Check all that apply.) is used to control costs of manufacturing activities. is used only with a perpetual inventory system. provides general information used by investors. helps managers' determine selling prices
A cost accounting system can be regarded as product costing system, it can be explained as framework that is been used by firms in estimation of the cost of their products when carrying out inventory valuation as well as cost control and profitability analysis, inventory valuation.The two cost accounting systems are;
✓ the job order costing
✓ the process costing.
Job order costing system gives the accumulation of the costs that is been associated with particular batch of products.
Process costing helps in tracing as well as in accumulation of direct costs as well as allocation of indirect costs of a manufacturing process.
It should be noted that cost accounting system;
✓is used to control costs of manufacturing activities
✓helps managers determine selling prices
In your own words define the term accounting and its usage.
Answer:
Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows.If the corporate human resource function in an organization is primarily concerned with selecting and training managers for foreign assignments, developing appropriate compensation packages for those managers, and handling adjustment issues when the manager is reassigned back home, it is evident that the organization has adopted the _____. a. ethnocentric staffing model b. polycentric staffing model c. regiocentric staffing model d. geocentric staffing model
Answer:
a. ethnocentric staffing model
Explanation:
In the case of the international staffing, the ethnocentric staffing means the strategy for the multinational company for hiring the management with respect to the important position from the parent headquarters instead of hiring the local staff
So as per the given situation, the option a is correct
And, the same should be relevant
Does signing a contract while drinking alcohol and partying automatically make the contract void? Why or Why not? Explain, using information from your text.
1. If average fixed cost is 40 and average variable cost is 80 for a given output, we then know that average total cost is
Answer:
120
Explanation:
Average total cost = average fixed cost + average variable cost
average fixed cost = Total fixed cost / quantity
40 + 80 = 120
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
average variable cost = total variable cost / quantity
Variable costs are costs that vary with production. Hourly wage costs and payments for production inputs are examples of variable costs
Tom is head of the marketing department and must decide how to allocate a fixed amount of funds. There are two top projects that Jim believes hold the most promise. Recently, the majority of funds have been allocated to Project A, but Tom wonders if it is time to provide Project B with a larger share of the money. Tom decides to assign a particular individual, Janice, to thoroughly criticize the proposal for Project B, looking for every possible flaw. Which technique is Tom using to help him make a better decision
Answer: Devil's advocacy
Explanation:
Devil's advocacy could be defined as having a critique on a team, board of administration who most times goes against the decision of the group. It has been realized that this helps the groups to have unbiased decisions, reduces expenses and avoid pitfalls.
This decision making method is involved mostly in areas that has to do with finance and budget.
Tom deciding to choose Janice to criticize the project is playing out the Devil's advocacy.
A business must decide whether to open a new office in China. If it opens the branch, it will increase its chances of selling a high volume of its products in China. On the other hand, the business will have to spend a lot of money to make the branch operational. What would be an opportunity cost for the business if it chooses to open the new branch in China? O A. The business would gain access to a large number of new customers. B. The business would have to spend more money on each item it produces C. The business would have less money to open branches in other countries. D. The business would be forced to relocate all its workers to China.
Answer:
C. The business would have less money to open branches in other countries.
Explanation:
In Economics, Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
Furthermore, the value of the opportunities lost by an individual or a business is the opportunity cost of a choice.
Hence, the opportunity cost of a choice is the benefits that could be derived from another choice (alternatives) by using the same amount of resources.
In this scenario, an opportunity cost for the business if it chooses to open the new branch in China is that it would have less money to open branches in other countries because it has to spend a lot of money to make the branch operational.
Which of the following refers to analyzing what customers think of your brand?
Brand audit
Brand equity
Brand positioning
Brand survey (Not the answer)
Answer:
Brand survey.
Explanation:
Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.
Similarly, secondary market research can be defined as a method designed to determine the demographics of a particular target market.
Hence, brand survey is a form of market research and analysis that involves making inquiries from the users of a company's product to find out whether or not they are satisfied and to determine how to better the service and product.
This ultimately implies that, brand survey is a strategic process that typically involves analyzing what your customers think of your brand.
Answer:
Brand Equity
Explanation:
Just took the test
