Answer: Managing a business involves handling office affairs that may include using project software and using small business tools like Intuit QuickBooks. Running an office is a necessary component of business management because office efficiency is an indicator of productivity and job performance.
The Occupational Information Network (ONET) further indicates that office management involves hiring and developing employees, task delegation and directing the assignments of subordinates. Office management involves hiring and developing employees, task delegation and directing the assignments of subordinates.
Time Management
Effective time management is a critical part of managing a business. Employing time management skills help business managers prioritize tasks and effectively organize work assignments. Properly monitoring schedule adherence is necessary to make sure employees have sufficient training, appropriate workloads and oversight to ensure they are performing their job duties adequately. Business managers must occasionally analyze employee schedules and make modifications to keep up with changing business needs.
Task Delegation
Successfully managing a business also means knowing when to delegate work to others, Kelly Services indicates. Task delegation gives business managers the opportunity to transfer assignments and decision-making authority to other qualified workers. Delegation provides executives with additional time to perform other important duties. Managers that delegate tasks are still responsible for ensuring that the duties are satisfactorily completed, however, they do not have to be concerned with the direct management of the task.
Leadership Responsibilities
The nature of business management requires effective application of leadership principles and visionary leadership. Business managers must be able to effectually lead their organization in the right direction. Leadership roles involve managing conflict, encouraging ethical behavior, mentoring employees and marketing the business. Leaders must gain the trust of their subordinates, business partners and customers to maintain positive business relationships and successful business transactions.
Explanation: Managing a business requires the proper application of many different skills. Business managers are responsible for overseeing the day-to-day operations of an organization as well as ensuring employees and other office workers are completing their assigned tasks. Managers are often held accountable for their company's successes and failures. The diverse challenges of managing a business make the task demanding but highly rewarding.
in macroeconomics, what name is given to the costs of changing prices that businesses must consider?
Answer: menu costs
Explanation:
in macroeconomics, The name is given to the costs of changing prices that businesses must consider as menu costs.
What is Business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
One reason for price-stickiness, a fundamental principle of New Keynesian economic theory, is menu costs. Prices that do not alter in reaction to macroeconomic developments are said to be price-sticky.
Therefore, As a result, The cost that was changed their prices in business as known menu cost.
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cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of cash flows as
The purchase/sale of long-term assets and current investments are classified as Investing activities under the statement of cash flows.
Basically, a cash-flow statement is a financial statement that records the cash and cash equivalent that goes in and out of the business.
The section of the cash-flow statement is divided into:
Operating activitiesInvesting activitiesFinancing activitiesThe Investing activities entails transactions that includes purchase and sale of long-term assets and other business investment.
Therefore, the Investing activities is the answer.
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in 2013, the u.s. imported $2,294 billion of dollars in merchandise like computers, phones, coffee machines, and so on. in the same year, the us exported $1,593 billion of dollars in merchandise like cars, computers, phones, and so on. the difference of $702 billion dollars is known as ______________.
The balance of trade between the U.S. imports of $2,294 billion and its exports of $1,593 billion is known as the trade deficit. The amount of the trade deficit is $701 billion.
Data and Calculations:
Total imports in 2013 = $2,294 billion
Total exports in 2013 = $1,593 billion
Trade deficit = $701 billion ($2,294 - $1,593)
Thus, the trade deficit arises when the U.S. imports goods of higher dollar value than its exports to other nations in 2013.
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Think about the life cycle (i.e., Introduction, Growth, Shakeout, Maturity and Decline) of the electric vehicle industry. What stage of the life cycle is the electric vehicle industry?
100 points & brainliest.
Answer:
A
Explanation:
Answer:
the answer is the first option (A)
Explanation:
if a tax is imposed on a market with inelastic demand and elastic supply, then:
Answer:
Buyers will bear most of the burden of the tax
Explanation:
Hope it helps
a corporation that wishes to borrow from the general public rather than a bank will issue
Any organization that decides to borrow from the public instead of a bank
or other financial organization will have to issue a bond.
A bond represents an instrument of indebtedness by the party involved
which could be the government or an organization. The bonds are issued to
them at a particular amount which is then used to run the business or for
other important purposes.
However, the bonds issued will have to be repaid after a certain period of
time. The principal and interest accrued is usually paid and is bound by law.
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how often does the bsa/aml require mlos to be trained?
According to general practice and standards, BSA/AML requires MLOs to be trained annually.
BSA is the acronym of Bank Secrecy Act
AML is the acronym for Anti-Money Laundering.
MLO is the acronym of Mortgage Loan Officer.
Generally, many examiners expect the FFIEC BSA AML Examination is that MLOs should trained and be tested annually.
However, in a case where the firm does not execute transactions with customers or possess customer accounts, or act as an introducing broker regarding customer accounts, MLOs are expected to be trained and tested every two years.
Hence, in this case, it is concluded that the correct answer is "annually."
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Claire opened her own Starbucks franchise in her community. She is pleased with how quickly she was able to open her franchise and that she
was able to establish a good customer base from the start because of name recognition. However, since she started this business to be her
own boss, Claire is likely to
A. Invest in his own capital and national and local advertising programs
B. Take sole responsibility for all the decisions in the business
C. Embrace the franchisors restrictions because they lead to a greater chance for success
D. Resent the management training and support the franchiser provides
E. Get frustrated with the restrictions of the franchise
Claire is likely to Embrace the franchisors restrictions because they lead to a greater chance for success option(c) is correct.
Who was Claire?Claire was a person who gradually opened her Starbucks actually in her community she established a good customer base merely of her name in that organization.
As she is her own boss she accordingly embraces the franchisors restrictions which actually lead for more and more success of her.
Therefore Option(c) is correct.
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advertising expenses occupy approximately what percentage of global economic activity?
The advertising expenses occupies an approximate of one percentage of the global economic activity.
The global economic activity implies that total worldwide economic activities that took place between multiple countries.
The advertising expenses entails various advertisement cost incurred for the promotion of brand, entity, industry, product, service etc all over the globe.The advertising expenses accounts for an approximate of 2% of economic output in U.SHowever, In global scale, the advertising expenses occupies the approximate of 1% of the global economic activity.
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If the marginal propensity to consume (MPC) is 0.80, and if policy makers wish to increase real GDP $200 billion, then by how much would they have to change taxes
Answer:
200b
100m263min taxes exchangestate whether the item is an asset or a liability.)
i Motor Car
ii. Stock of goods
iii. Cash at bank
iv. Bank overdraft
v. The business owes a supplier for goods
vi. Loan
vii. Machinery
viii. Creditors
ix. Equipment
x. Money owing to bank
Answer:
v and i
Explanation:
Some customers are more valuable than others if they ______ the company. a. generate less revenue for b. communicate less with c. generate more revenue for d. communicate more with
Answer
communicate more with
Explanation:
How soon after entering a company’s office space does a visitor typically develop a judgment about the company?
minutes
seconds
hours
days
who wanna tlk im boooored
Answer:
sure why not
Explanation:
Answer:
When I answer 2 of your questions double the chance to talk.
Explanation:
within just a few years of its inception, uber was operating in more than 35 countries around the world. by moving into new markets early, uber hoped to capitalize on
Considering the situation described above, by moving into new markets early, uber hoped to capitalize on the "first-mover advantage."
The first-mover advantage is a term often used in the business or strategy world to describe the company's capacity to be more successful than its competitors due to being the first company to enter the market in a new product category or new location.
Thus, when Uber moves to a new market early in a new country or location where there are no platforms like Uber, it is believed that Uber hoped to capitalize on a first-mover advantage to gain customers and revenues.
Hence, in this case, it is concluded that the correct answer is "first-mover advantage."
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what are the effects of increasing a manager's span of control ?
Answer: Higher average span of control means fewer layers of management within the organization and a relatively flatter organizational structure.
Explanation: This can lead to, Faster decision-making due to fewer levels of approvals required for a specific decision, which allows the company to respond more quickly to business issues.
How often is USPS mail typically delivered to a business?
Answer: According to USPS FAQ, The general time standard is typically 2-9 days in the 48 contiguous states. Package Services is not a guaranteed service; delivery by a certain date or time is not available.
Exhibit 13-1
Bank
Increase in Checkable Deposits
New Required Reserves
New Checkable Deposits Created by Extending New Loans
A$0
$0
$1,000
B
$1,000
(A)
(B)
C
(C)
$90
(D)
D
$810
(E)
(F)
Assume that the required reserve ratio is 10%, that there are no cash leakages, and that banks hold zero excess reserves.
Refer to Exhibit 13-1. Suppose that the Federal Reserve conducts open market operations by purchasing $1,000 worth of government securities from Bank A. At the end of this process of money creation, what is the total amount of new checkable deposits?
a. $100,000
b. $10,000
c. $1,000
d. $1,000,000
Answer:
1,000,000"
Explanation:
pancakes and waffles are:
a.complements
b.normal goods
c.substitute
d.inferior goods
Answer:
they are always compliments
Explanation:
is this based on our opinion?
When applying the lower cost or market rule to the valuation of inventory, the allowance method is considered preferable to the direct method because
A. the allowance method reports a higher inventory net valuation for balance sheet purposes than the direct method
B. the allowance method reports the inventory loss or loss recover in a separate income statement account
C. the allowance method, unlike the direct method, reduces the value of inventory reported on the balance sheet
D. the allowance method reports smaller losses than the direct method
It should be noted that the allowances method is considered preferable because B. the allowance method reports the inventory loss or loss recover in a separate income statement account.
It should be noted that the most common approach when implementing the lower cost is to apply it to each individual item of inventory separately.
When applying the lower cost or market rule, the market value should not exceed the net realizable value. Also, the allowance method is more preferable than the direct method because it reports the inventory loss or loss recover in a separate income statement account.
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What does competetive advantage mean?
Answer:
a condition or circumstance that puts a company in a favourable or superior business position.
Answer:
a condition or circumstance that puts a company in a favorable or superior business position.
Explanation:
In terms of organization architecture, _____ refers to the employees of the organization, the strategy used to recruit, compensate, and retain those individuals, and the type of people that they are in terms of their skills, values, and orientation.
In terms of organization architecture, people refers to the employees of the organization, the strategy used to recruit, compensate, and retain those individuals, and the type of people that they are in terms of their skills, values, and orientation.
The return per unit of risk of the optimal portfolio will be ______ compared to that of any other portfolio.
The optimal portfolio is aimed at striking a balance between the return on investment and the associated risk level. Hence, the return per unit of risk is higher compared to any other portfolio.
In other to attain an equilibrium stance between risk level and the return on invested security, an optimal portfiio is employed. The portfolio seeks to ensure that investors obtain the highest return on investment while having to cope with very little risk level.Hence, the return per unit risk will be higher than any other portfolio.
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what does disney use at their theme parks and resorts to try to integrate and improve customers’ experiences with their offerings and brand?
A motor vehicle sold on credit to C. Kelly will require which of the following entries:
Debit Purchases, Credit C. Kelly
Debit motor vehicle, Credit C. Kelly
Debit C. Kelly, Credit purchases
Debit C. Kelly, Credit Motor vehicle
When a motor vehicle is sold to C. Kelly on credit, the relevant entries would be Debit C. Kelly, Credit Motor vehicle.
When an item is sold on credit to an entity, that entity becomes an Accounts Receivable. As this is an asset, it is debited when it increases which is the case here with C. Kelly purchasing the car on credit.
The motor vehicle account is an asset and assets are credited when they decrease. By selling the vehicle, the motor vehicle account will be credited to show that motor vehicles have decreased.
In conclusion, the accounting entry for the above scenario would be Debit C. Kelly, Credit Motor vehicle.
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A substantial one of these will keep you from going upside down on your loan, that is, owing more on your car than it is
worth:
A) finance charges
B) insurance
C) down payment
D) interest
Answer: C) Down Payment
Explanation: You should put more money down. You no longer need a 20% down payment to buy a home, but a down payment that’s too small can harm your equity.
Knowledge Matters ;0
how do I start my own beauty business
Answer:
You can distribute samples to local makeup artists, launch a promotional blog, send press releases to publications that cover beauty products, or open social networking accounts to introduce your company to new people. invest in beauty and cosmetics brands invest in cosmetics business.
Explanation:
The ______ is a measure of the rate of return an investor will earn if the investor buys the bond now and holds until maturity.
Answer:
Yield
Explanation:
YTM = Yield to Maturity
an increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in the long run?
Answer:
An increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in the long run? A. The price level will rise, and the level of GDP will fall.
