Answer:
Cost advantage.
Explanation:
In this scenario, Sweetmeats Inc., a deli, produces its own grains, such as corn, wheat, rice, and oats. The employees create different types of breads without having to buy the grains from other sources. This has helped them sell their bread items to customers at much lower prices than other neighboring delis. This scenario best illustrates a cost advantage.
Cost advantage can be defined as the factors, benefits or edge which an organization has to produce its goods and services at a cheaper rate and better quality, over its competitors or rivals in the same industry. Some of these factors include availability of raw materials, branding, skillful workforce, intellectual property, quality distribution channels, favorable location, great customer services, superior technology, etc.
The cost advantage is simply known as a type of an advantage that the firm has over competitors usually in terms of costs. The scenario above is called cost advantage.
Firms do reduce cost so that they can have a great advantage over competitors who have higher costs and so the prices of their products and services will then be higher.
There are a lot of factors to consider when reducing the cost of a firm. They include Distribution, technology, volume and scale of the company, raw material etc.
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Capitalism is another name for a traditional economic system.
true or false
Answer:
true
Explanation:
competition forces businesses to search for new ways to satisfy customers wants and needs
would anyone be willing to give away tickets for a concert please?
An important __________ for Medtronic's Micra pacemaker is its unmatched small size, about the size of a vitamin capsule, which allows it to be implanted directly into the heart without invasive surgery or the need for electrical leads.
Answer:
point of difference
Explanation:
From the question we were told that , "An important point of difference for Medtronic's Micra pacemaker is its unmatched small size, about the size of a vitamin capsule, that gives room for implantation directly into the heart without invasive surgery or the need for electrical leads.
This point of difference that Medtronic's Micra pacemaker has that ,make his vitamins available for implantation directly to the heart without surgery, is as a result of point of difference in a company gives a differentiation between him/her and his/her others organization or business offering the same services.
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,380,000, $136,000 in the common stock account, and $2,610,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed long-term debt of $1,540,000, $146,000 in the common stock account, and $2,910,000 in the additional paid-in surplus account. The 2016 income statement showed an interest expense of $92,000 and the company paid out $141,000 in cash dividends during 2016. The firm's net capital spending for 2016 was $920,000, and the firm reduced its net working capital investment by $121,000. What was the firm's 2016 operating cash flow, or OCF?
Answer:
The firm's 2016 operating cash flow is $562,000
Explanation:
Cash flow to creditors = Interest expense - {Long term debt at end of Year - Long term debt at start of year}
Cash flow to creditors = $92,000 - ($1,540,000 - $1,380,000)
Cash flow to creditors = $92,000 - $160,000
Cash flow to creditors = -$68000.
Cash flow to stockholders = Dividend paid - (Owners' equity at end of Year - Owners' equity at start of year).
Cash flow to stockholders = $141,000 - [($146,000 + $2,910,000) - ($136,000 + $2,610,000)]
Cash flow to stockholders = $141,000 - ($3,056,000 - $2,746,000)
Cash flow to stockholders = $141,000 - $310,000
Cash flow to stockholders = -$169,000.
Cash flow from assets = Cash flow to creditors + Cash flow to stockholders.
Cash flow from assets = (-$68,000) + (-$169,000 )
Cash flow from assets = -$237,000
Cash flow from assets = Operating cash flow - Change in net working capital - Net capital spending
-$237000 = Operating cash flow - (-$121000) - $920,000
-$237000 = Operating cash flow + $121,000 - $920,000
Operating cash flow = $920,000 - $237,000 - $121,000
Operating cash flow = $562,000
\Which of the following is a difference between organization design and organizational behavior? Group of answer choices Organization design focuses on individuals within organizations, while organizational behavior analyzes the whole organization as a unit. Organization design is concerned with cognitive and emotional differences among people within organizations, while organizational behavior is concerned with the differences in structure and behavior at the organization level of analysis. Organization design is concerned with lower management, while organizational behavior is concerned with top- and middle-management. Organization design might be considered the sociology of organizations, while organizational behavior is the psychology of organizations.
Answer:
Organization design might be considered the sociology of organizations, while organizational behavior is the psychology of organizations.
Explanation:
The major difference between an organization design and organizational behavior is that, organization design might be considered the sociology of organizations, while organizational behavior is the psychology of organizations.
Hence, organization design describes how workflow such as supervision, task allocation and coordination are to be accomplished in an organization.
According to Michael Porter, the reason many firms suffer margin-eroding competition is because they have defined themselves according to strategic positioning rather than operational effectiveness.A. TrueB. False
Answer:
False.
Explanation:
This statement is false, for Michael Porter for a company to remain competitive in the market, it must develop an effective strategy that allows it to remain superior to its direct competitors in the market, which are the three generic strategies, which are : cost leadership, focus and differentiation. For the author, companies that are effective in the development of these strategies will be successful in the market and achieve continuous improvement in all their processes, that is, the operational efficiency will be achieved with the improvement of the processes provided by the strategy, which maximizes the chance for organizations to remain competitive and well positioned.
Select three ratios that are equivalent to 7:67:67, colon, 6. Choose 3 answers: Choose 3 answers: (Choice A) A 12:1412:1412, colon, 14 (Choice B) B 21:1821:1821, colon, 18 (Choice C) C 42:3642:3642, colon, 36 (Choice D) D 63:5463:5463, colon, 54 (Choice E) E 84:6284:62
Answer: B C D are the answers, your welcme! :)
Explanation:
The public relations nightmare from the U.S. Secret Service in 2015 has been attributed to a breakdown in which managerial function?
Answer: a. Controlling
Explanation:
The Controlling function in management is meant to ensure that employees in a company are acting in a manner that abides by the standards of the company or organization in question.
It works by managers ensuring that they check that employees are acting in the way they are to act and if they are not, corrective action must be meted out to stop the behavior.
The Secret Service had some embarrassing moments in 2015 with some agents being found drunk on a trip to Europe where they were assigned to President Obama's detail. Had supervisors been making sure that subordinates acted in a manner befitting of the secret service, the acts would have had a significantly less chance of happening.
Following ethical standards that have been outlined by the company you work for are___standards(apex)
A.professional
B.personal
C.industry
D.organizational
Answer:
D. organizational
Explanation:
You must focus on both your personal life and profession. Just got the question right on apex.
Answer:
The answer is D. Organizational
Explanation:
List the five (5) Traits of an Entrepreneur 1. 2. 3. 4. 5.
Answer:
Passion. For those uninitiated, entrepreneurs are not in it for the money. ...
Resilience. ...
Strong Sense of Self. ...
Flexibility. ...
Vision.
Explanation:
Resolute motivation and passion. The first and foremost quality of a successful entrepreneur is passion. ...
Self-discipline. This is one of the most essential characteristics of a successful entrepreneur. ...
Risk-taking ability. ...
Creative thinking. ...
Persistence.
________ planning determines the major goals of an organization and lays the foundation for obtaining and using resources to achieve those goals. Group of answer choices
Answer:
Strategic
Explanation:
Strategic planning determines the major goals of an organization and lays the foundation for obtaining and using resources to achieve those goals.
Basically, for any business or organization to achieve its set aim, goals and objectives, it is very important and necessary that it has a strategic plan.
The income statement begins with revenue and subtracts various operating expenses until arriving at Earnings Before Interest and Taxes. Next, interest expense is subtracted to find the taxable income for the period. Then the appropriate taxes are calculated and subtracted. We finally arrive at the ________ , the so called bottom line of the income statement. Group of answer choices
Full question attached
Answer:
D. Earnings before interest and taxes(EBIT)
Explanation:
Earnings before interest and taxes abbreviated EBIT in the income statement is arrived at by deducting operating expenses from revenue/sales to get operating income. The operating income is earnings before interest and taxes which comes before gross income(subtract other expenses). Operating expenses are the main expenses concerned with operations of the business such as the Sales
Notren, Inc., a U.S. company, and SWT, a Singapore company, entered into a contract under which SWT is to ship party supplies to Notren. One of the terms of the contract states, "Any disputes that arise under this contract will be resolved in the courts of Singapore." This contract term is a
Answer:
Choice of forum clause.
Explanation:
In this scenario, Notren, Inc., a U.S. company, and SWT, a Singapore company, entered into a contract under which SWT is to ship party supplies to Notren.
In the contract agreement, one of the terms of states; "Any disputes that arise under this contract will be resolved in the courts of Singapore."
Hence, this contract term is a choice of forum clause.
A choice of forum clause can be defined as a contractual provision in a contract in which the involved parties stipulates the place of jurisdiction, choice of arbitrators, conciliators, or group of arbitrator or conciliators for any lawsuit, litigations, arbitration, or conciliation arising from the particular contract. In this case, the place of legal jurisdiction is the court of Singapore.
Additionally, a contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law. Also, mutual assent is a legal term which represents an agreement by both parties to a contract. Therefore, mutual assent connotes agreement, acceptance and consent to a contract by both parties.
This ultimately implies that, both Notren Inc. and SWT are in a contract as a result of mutual assent between the two (2) parties.
One perspective describes ________ as an integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage.
Answer: strategic management
Explanation:
Strategic management is integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage.
Strategic management simply had to do with the evaluation of business goals, vision of an organisation and objectives. For organizational goals to be achieved, effective strategies must be put in place.
Which statement best summarizes the role of households in the flow of
goods?
A. Households act as consumers for goods made by businesses.
B. Households provide natural resources to businesses.
O C. Households trade goods between product and resource markets.
D. Households sell products created in product markets.
Answer:
A. Households act as consumers for goods made by businesses.
Explanation:
The statement that best summarizes the role of households in the flow of goods is Households act as consumers of goods made by businesses. The correct option is A.
In the circular flow model of economics, households are a key component in the flow of goods and services. Households provide labor and other resources to businesses in exchange for wages and other forms of income. They then use that income to purchase goods and services produced by businesses, which helps to sustain economic activity.
In this model, businesses are the primary producers of goods and services, and households act as consumers of those goods and services.
Therefore, option A, "Households act as consumers for goods made by businesses," best summarizes the role of households in the flow of goods.
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A pregnant client with a history of heart disease asks how she can relieve her occasional heartburn. The nurse teaches her self-care measures. What statement indicates to the nurse that the client understands the teaching?
Answer:
I don't take sodium-containing antacids.
Explanation:
Excess fluid retention, which increases the workload of the heart, which is an undesirable effect of sodium intake, especially in a person with heart disease. Sleeping 1 hour after eating promotes gastric regurgitation so that inflammation in the heart ends. Fluid intake should be 2 L per day. Three large meals a day can upset the stomach, resulting in heartburn. Preference is given to small meals throughout the day.Owners' equity is the same thing as
A. gross profit
O B. gross loss
C. net liabilities
O D. net assets
Stanford University tells students that they will "Grasp the forces driving the change," while students at Ryerson University are attracted by "Wisdom. Applied." What are these slogans used for?
Answer:
Element of culture
Explanation:
Culture is a broad term that is often used in sociology to describe a combination of suggestions, customs, and social behavior of a particular individual or society. The elements of culture include the following: symbols, language, standards, significances, etc
Hence, in the situation, the correct answer is that these slogans are used for the Element of Culture.
Which roles do franchisees play in case of a product distribution franchise?
Answer:
For the most part, Franchisees own the land and run the day to day operations of the stores that they finance.
Explanation:
Fair value changes are not recognized in the accounting records. b. Financial information is presented so that investors will not be misled. c. Intangible assets are amortized over periods benefited. d. Agricultural companies use fair value for purposes of valuing crops. e. Each enterprise is kept as a unit distinct from its owner or owners. f. All significant post-balance-sheet events are disclosed. g. Revenue is recorded when the product is delivered. h. All important aspects of bond indentures are presented in
Answer:
a. Historical Cost Principle = All the assets are recorded at their historical cost except the short term investments.
b. Full Disclosure Principle = All the details of the financial conditions of the company shall be stated properly.
c. Expense recognition principle = All expenses shall be recorded properly, and the cost of intangible assets shall be charged as expense during its useful life as amortisation expense.
d. Industry practice and fair value principle = As stated in (a) also, all short term investments shall be valued at fair value, as crops are their stock it is an industry practice in agricultural sector to record crops at fair value.
e. Economic Entity assumption = The owner of a business and that his business are two different legal persons, as income of business is computed and assessed separately and that the income of the owner is assessed separately.
f. Full Disclosure Principle = As there is a time gap in closing the actual financial year on 31 December and preparing the balance sheet, several transactions which are considered to be of important aspect for the people concerned are disclosed in the balance sheet as events after the balance sheet but before the reporting date.
g. Revenue Recognition principle = Revenue shall only be recorded when the entire risk is transferred to the buyer, and that only the payments are left to be received.
h. Full Disclosure Principle = Again all the financial statements shall disclose all the material facts as for investors interests the full disclosure principle is followed.
Factory materials, such as cleaning supplies, that are not components of finished products are classified as ______.
Why have many insurers replaced retrospective reimbursement methods with prospective payment methods
Answer:
have more control over financial risk
Explanation:
The main reason for this switch was to be able to have more control over financial risk. This is because, in a prospective payment system, most of the risk is moved to the provider's side. This ultimately allows the provider to take the necessary actions in order to control/minimize/or adjust the amount of risk that is present in a specific transaction/scenario.
Navigate to the paragraph titled, "Who is counted as unemployed?" Next, list the three qualifications required for a person to be classified as unemployed. (Site 1)
People are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work.
Actively looking for work may consist of any of the following activities:
Submitting resumes or filling out applications
Placing or answering job advertisements
Checking union or professional registers
Some other means of active job search
Three qualifications are required for a person to be classified as unemployed.
When an individual does not have a job.When an individual has the willingness to do work.When a person searching job.What is unemployment?Unemployment mainly refers to a situation where there is the availability of a sufficient amount of workforce based on their qualifications and willingness to perform any job but the market has to lack job opportunities available to hire them.
The economic conditions play a significant role in unemployment. When the company earns less profit it will have fewer demands for a workforce which creates unemployment in the market.
Technological advancement also causes unemployment as manpower work is mostly replaced by high technology equipment that provides quick and efficient services.
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Helios, inc. is considering the purchase of abc co. helios believes that abc co. can generate cash flows of $5,000, $9,000 and $15,000 over the next 3 years, respectively. after that time, they feel the business with be worthless. helios has determined that a 14% rate of return is applicable to this potential purchase. what is helios willing to pay today to buy abc co.?
Answer:
Price to pay =$21,435.75
Explanation:
The amount Helios should be willing to pay is the present value of the future cash flow discounted at the required rate of return of 14%.
The present value of a stream of future cash flow is the amount that would be invested today to earn the stream of cash flows
PV = 5,000× 1.14^(-1) + 9,000× 1.14^(-2) + 15,000× 1.14^(-3)= 21,435.75
Present Value = $21,435.75
Price to pay =$21,435.75
__________ unemployment refers to unemployment caused by the restructuring of firms or by a mismatch between the skills of job seekers and the requirements of available jobs.A. FrictionalB. StructuralC. CyclicalD. Seasonal
Answer:
B. Structural
Explanation:
Structural unemployment refers to unemployment in which there is a shift in an economy. This occurs when the mismatch is created with respect to the needs of the companies and the offer made by the workers that are available for the job. It remains long lasting
Therefore according to the given situation, the option B is most appropriate option as it fits to the current situation given in the question
If the demand for a good is estimated to be _____, then firms producing the good will experience an increase in total revenue if prices fall.
Answer: elastic
Explanation:
Elastic demand is a demand that occurs when the quantity demanded for a product or service results in a greater percentage change when there is a change in price.
For example, when there's a fall in price, this will lead to large change in quantity demanded for the good. Since there's an increase in the quantity demanded, it will lead to increase in revenue.
1. What Is a waste stream?
Answer:
Hello!
Explanation:
A waste stream is like a total flow of solid waste from, homes, businesses, Institutions, and manufacturing plants that is recycled, burned or disposed.
Happy to Help From: Corrupted Jason
streams are flows of specific waste, from its source through to recovery, recycling or disposal!
There are 3 main kinds of waste streams: Sewerage, trade waste, and hazardous waste.
Techniques to increase productivity in the performance of discrete tasks, by requiring less human labor in each step of the production process, are widely utilized. Consultants on productivity enhancement point out, however, that although these techniques achieve their specific goal, they are not without drawbacks. They often instill enough resentment in the workforce eventually to lead to a slowdown in the production process as a whole.
Which of the following can be reasonably inferred from the statements above?
A. Productivity enhancement techniques do not attain their intended purpose and should not be employed in the workplace.
B. The fact that productivity enhancement techniques are so widely employed has led to a decline in the ability of American businesses to compete abroad.
C. If productivity enhancement consultants continue to utilize these techniques, complete work stoppages will eventually result.
D. Ironically, an increase in the productivity of discrete tasks may result in a decrease in the productivity of the whole production process.
E. Production managers are dissatisfied with the efforts that productivity enhancement consultants have made to increase productivity.
The reasonably inferred from the statement can be if productivity enhancement consultants continue to utilize these techniques, complete work stoppages will eventually result. Thus, the correct option is (C).
Productivity tactics are ways that assist you get into productive flow states, allowing you to cut to quality with minimal effort. Most productivity tactics are based on behavioral science and are designed to take advantage of how your brain operates.
Capital productivity, material productivity, labor productivity, and total factor productivity are the four main forms of productivity measurements.
Productivity in the service industry may be measured by the number of jobs completed or clients serviced in a particular time period.
Other indicators include whether the service provided matched corporate or customer requirements and whether performance deadlines were fulfilled.
Therefore, the correct option is "C".
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Alpha Company reported the following financial statement information:December 31, 2006:Assets $70,000 Liabilities 45,000December 31, 2007:Assets 82,000Liabilities 55,000During 2007:Stockholder investments 3,000Net income ?Dividends 6,000Calculate Alpha’s net income for the year ended December 31, 2007 and the change in stockholders’ equity for the year ended December 31, 2007.Net income Change in stockholders' equityA. ($3,000) $2,000 increaseB. $5,000 $2,000 increaseC. $5,000 $2,000 decrease
Answer:
the answer is 571 and 1903
Luke is going to school to get a degree in Veterinary Medicine. He wants to work in an animal hospital after he graduates.
Which of the following job options would be most beneficial to Luke's career while he is going to school?
a. Babysit after school
b. Work at a fast food restaurant
c. Volunteer at a social service agency
d. Work an entry level position at a veterinary clinic