Identifying and Selecting an Organization and a Product for Studies
For this assignment, you will choose two candidate organizations. The selection must be an intercultural organization doing business in at least one foreign country.
In submission, provide a review and arguments for and against each of the two organizations. At the end of your submission, recommend which one of the two organizations and which one of its products you would like to use for your culture and subculture studies.
The submission must include sections for the discussion of each of the two countries supported by viable current sources. The concluding section should include the corporation of your choice, and it should be supported by your arguments and analysis.

Answers

Answer 1

Consider the relevance of the organization and its product to your culture and subculture studies. Criteria for evaluating the organizations: Conduct research on each organization to gather information on their history, mission, values, products/services, marketing strategies, target audience, and cultural sensitivity.

Evaluate each organization based on their cultural sensitivity and responsiveness to the local culture and customs of the foreign country they operate in.Examine the reputation and sustainability of each organization. Criteria for selecting a product: Choose a product that is relevant to your culture and subculture studies. Consider the product's popularity, market demand, and cultural significance. Criteria for evaluating the products: Conduct research on the product to gather information on its history, features, benefits, and target audience. Evaluate the product based on its cultural significance, appropriateness, and effectiveness in meeting the needs of the target audience. Examine the product's branding, packaging, and marketing strategies.Conclusion:Based on your research and analysis, recommend the organization and product that best aligns with your culture and subculture studies.

Provide arguments and evidence to support your recommendation, and address any potential limitations or challenges that may arise in your study. Be sure to cite your sources and follow any formatting guidelines provided by your instructor.

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Answer 2

For this assignment, I will review two candidate organizations, an intercultural organization doing business in at least one foreign country. The first organization is Nike and the second organization is Nestlé.

The Argument For Nike:

Arguments for: Nike is an American multinational corporation that designs, develops, and sells footwear, apparel, and equipment. Nike is a well-known brand that has a global reach and a strong presence in many countries, including emerging markets. The company has a reputation for innovation, design, and marketing.

Arguments against: Nike has faced criticism for labor practices in its supply chain, particularly in developing countries. Additionally, the company has been accused of using sweatshops and child labor in the past.

The Argument Nestlé:

Arguments for: Nestlé is a Swiss multinational food and drink processing conglomerate corporation. Nestlé is a leading company in the food and beverage industry, with a wide range of products that are popular globally. The company has a strong presence in emerging markets and has a reputation for quality and safety.

Arguments against: Nestlé has faced criticism for its marketing practices, particularly regarding infant formula in developing countries. Additionally, the company has been accused of using unsustainable practices in its supply chain, particularly in the production of palm oil.

Based on the arguments for and against each organization, I recommend choosing Nike for the culture and subculture studies, particularly for its footwear product line. While Nike has faced criticism for its labor practices in the past, the company has taken steps to address these issues and has a strong reputation for innovation and marketing.

Additionally, the footwear industry is particularly interesting for cultural studies, as footwear can be a significant aspect of cultural identity and expression.

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Related Questions

He common stock of Leaning Tower of Pita Inc. , a restaurant chain, will generate payoffs to investors next year, which depend on the state of the economy, as follows: Dividend Stock Price Boom $ 8 $ 240 Normal economy 4 90 Recession 0 0 The company goes out of business if a recession hits. Assume for simplicity that the three possible states of the economy are equally likely. The stock is selling today for $80. A-1. Calculate the rate of return to Leaning Tower of Pita shareholders for each economic state. (Negative amounts should be indicated by a minus sign. Enter your answers as a percent rounded to 2 decimal places. ) a-2. Calculate the expected rate of return and standard deviation of return to Leaning Tower of Pita shareholders. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. )

Answers

To calculate the rate of return for each economic state, we need to use the formula: (Payoff - Initial Investment) / Initial Investment. The rate of return for each economic state is 210%, 17.5%, and -100%. The expected rate of return is 14.17% and the standard deviation of return is 84.37%.


For the Boom state, the payoff is $8 in dividends and $240 in stock price. So the total payoff is $248. The rate of return is then: ($248 - $80) / $80 = 210%.
For the Normal state, the total payoff is $94 ($4 in dividends and $90 in stock price). The rate of return is then: ($94 - $80) / $80 = 17.5%.
For the Recession state, the company goes out of business and the payoff is $0. The rate of return is then: ($0 - $80) / $80 = -100%.
To calculate the expected rate of return, we need to take the weighted average of the rate of return for each state, where the weights are the probabilities of each state. Since each state is equally likely, the probability is 1/3 for each state.
So the expected rate of return is: (210% + 17.5% - 100%) / 3 = 42.5% / 3 = 14.17%.
To calculate the standard deviation of return, we need to use the formula: SQRT(SUM[(Ri - Rmean)^2 * Pi]), where Ri is the rate of return for each state, Rmean is the expected rate of return, and Pi is the probability of each state.
So the standard deviation is: SQRT[((210% - 14.17%)^2 * 1/3) + ((17.5% - 14.17%)^2 * 1/3) + ((-100% - 14.17%)^2 * 1/3)] = 84.37%.
In summary, the rate of return for each economic state is 210%, 17.5%, and -100%. The expected rate of return is 14.17% and the standard deviation of return is 84.37%. These calculations indicate that while there is potential for a high rate of return in a boom state, there is also a significant risk of losing all investment in a recession. The expected rate of return and standard deviation suggest that the investment is relatively risky overall.

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When businesses need to formalize the information provided to employees, customers, or other businesses, they often use which type of communication?.

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When businesses need to formalize the information provided to employees, customers, or other businesses, they often use written communication.

This can take the form of letters, memos, reports, emails, newsletters, manuals, policies, contracts, and other types of written documents.

Written communication provides a permanent record of information that can be referred to later, and it allows for precise and specific wording to be used to convey complex ideas or instructions. It also ensures that the same message is communicated consistently to everyone who receives it.

In formal business communication, it is important to use a professional tone and adhere to standard formatting and style guidelines. The goal is to clearly convey the intended message while maintaining a professional image for the company.

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Limitations and applicability of organizational behaviour model

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Organizational behaviour models are frameworks that describe and analyze the behaviour of individuals, groups, and organizations in the workplace. While these models can provide valuable insights into the complexities of organizational behaviour, they also have some limitations and applicability concerns. Here are some of the main limitations and applicability concerns of organizational behaviour models:

1. Simplification of complex phenomena: Organizational behaviour models often simplify complex workplace phenomena, which can limit their usefulness in predicting or explaining actual behaviour. For example, models that assume individuals always act rationally may not capture the complexities of real-world decision-making.

2. Cultural and situational differences: Many organizational behaviour models are based on Western assumptions and values, which may not be applicable to other cultures or situations. For instance, models that emphasize individualism may not work as well in collectivist cultures.

3. Lack of empirical support: Some organizational behaviour models lack empirical support, meaning there is little evidence to back up their claims. This can limit their usefulness in practice.

4. Overemphasis on individual behaviour: Some organizational behaviour models focus primarily on individual behaviour, ignoring the important role of group and organizational dynamics. This can limit their usefulness in understanding complex workplace issues.

5. Time-bound and context-specific: Organizational behaviour models are often time-bound and context-specific, meaning they may only be applicable to certain periods or situations. For instance, models that assume stable environments may not be useful in rapidly changing industries.

Despite these limitations, organizational behaviour models can still provide valuable insights into workplace behaviour. When used appropriately, they can help organizations identify areas for improvement, develop effective management strategies, and create more positive work environments. It is important, however, to approach these models with a critical eye and consider their limitations and applicability concerns.

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Apply principles for the success of the trainingExplain in details

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There should be a well-thought-out plan before the training, including objectives, methods, content, trainers, and logistics, among other things.

How to ensure the success of a training program

To ensure the success of a training program, apply the following principles:

1. Set clear objectives: Define the specific goals and outcomes you want the participants to achieve by the end of the training.

2. Engage learners: Make the training interactive and relevant to the participants, using real-life examples and practical exercises to maintain interest and facilitate understanding.

3. Use varied teaching methods: Combine different instructional techniques, such as lectures, discussions, case studies, and hands-on activities, to cater to different learning styles.

4. Provide timely feedback: Offer constructive feedback throughout the training to help participants understand their progress and areas for improvement.

5. Assess learning: Regularly evaluate participants' understanding of the material through quizzes, tests, or practical exercises to ensure they are retaining the information.

6. Encourage self-directed learning: Empower participants to take charge of their learning by providing resources and opportunities for them to explore topics on their own.

7. Adapt to the learners' needs: Be flexible and adjust the training content and delivery to meet the unique needs of the participants.

8. Foster a positive learning environment: Create an atmosphere of trust and support where participants feel comfortable asking questions and sharing their experiences.

9. Reinforce learning: Provide opportunities for participants to practice and apply their new skills and knowledge, both during and after the training.

10. Evaluate the training's effectiveness: Gather feedback from participants and analyze the results to measure the success of the training and identify areas for improvement.

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Which are the most likely uses of capital invested in a business? Check all that apply.a. paying taxesb. hiring workersc. repaying investorsd. producing goodse. distributing goodsf. buying materials

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The most likely uses of capital invested in a business include hiring workers, producing goods, distributing goods, and buying materials.

Hiring workers is essential for the growth of a business as it helps to increase productivity and expand the company's operations. Producing goods is another important use of capital as it enables the business to create products that can be sold to generate revenue. Distributing goods is also crucial for the success of the business as it allows customers to access the products and services offered.

Lastly, buying materials is necessary to produce goods and keep the business operations running smoothly. Paying taxes and repaying investors are also important, but these uses of capital are usually secondary to the primary focus of generating revenue and expanding the business. In conclusion, the most likely uses of capital invested in a business revolve around the creation, distribution, and sale of products and services. The correct option is b, d, e, and f.

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Imagine, you have been appointed as a MIS executive at a local company (XYZ Company) in Bangladesh. Your CEO is planning to invest money on implementing cutting edge technology in the organization. He asked you to prepare a report in which you have to summarize the impact of the introduction of e-business on different aspects of an organization

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As a MIS executive at XYZ Company, I am pleased to present a report on the impact of the introduction of e-business on different aspects of the organization.

Introduction:
E-business, also known as electronic business, is the conduct of business processes on the internet. It involves the exchange of goods, services, and information through electronic means. The introduction of e-business in an organization can have a significant impact on various aspects of the organization.

Impact of e-business on different aspects of an organization:

1. Sales and Marketing:
The introduction of e-business can have a positive impact on the sales and marketing of an organization. E-business provides an opportunity to reach a wider audience through online marketing techniques. It allows customers to browse and purchase products or services from the comfort of their homes, resulting in increased sales.

2. Customer Service:
E-business can improve customer service by providing 24/7 access to customer support through online chat, email, or phone. Customers can also track their orders and receive real-time updates on the delivery status of their products, resulting in increased customer satisfaction.

3. Supply Chain Management:
E-business can streamline supply chain management by automating procurement, inventory management, and order processing. It can result in reduced lead times, increased efficiency, and cost savings.

4. Human Resources:
E-business can impact human resources by providing online recruitment and training for employees. It can also facilitate remote working, resulting in increased flexibility and work-life balance for employees.

5. Financial Management:
E-business can improve financial management by facilitating online transactions, reducing transaction costs, and providing real-time financial reporting. It can result in increased transparency and accuracy in financial reporting.

Conclusion:
In conclusion, the introduction of e-business can have a significant impact on various aspects of an organization, including sales and marketing, customer service, supply chain management, human resources, and financial management. It can result in increased efficiency, cost savings, and customer satisfaction. Therefore, it is recommended that XYZ Company invest in e-business to remain competitive in the rapidly evolving business landscape.

which of the following would decrease the u.s. financial account? which of the following would decrease the u.s. financial account? the purchase of a foreign car by an american diplomat living in costa rica a ski chateau purchased in switzerland by an american entrepreneur a boat purchased by a british investment banker in florida the purchase of $1000 of us treasury bonds by a chinese investor an american earns $1000 in the japanese stock market

Answers

Option a is correct. The purchase of a foreign car by an American diplomat living in costa Rica would decrease the US financial account.

All foreign financial transactions involving U.S. assets, such as stocks, bonds, real estate, and other financial instruments, are included in the U.S. financial account.

An American businessman buying a ski chalet in Switzerland and a British investment banker buying a yacht in Florida would boost the U.S. balance of payments since money from other nations would be coming into the country.

As foreign investment in American assets is included in the financial account, the purchase of $1,000 in U.S. Treasury bonds by a Chinese investor would likewise boost the country's financial account.

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Complete question

Which of the following would decrease the US financial account?

a. the purchase of a foreign car by an American diplomat living in costa Rica.

b. a ski chateau purchased in Switzerland by an American entrepreneur.

c. A boat purchased by a British investment banker in Florida.

d. The purchase of $1000 of us treasury bonds by a Chinese investor an     American earns $1000 in the Japanese stock market.

Bonnie purchased a 10-year bond on 1/1/2000, after the coupon was paid on that date. the bond was purchased to yield 4% per year convertible quarterly. the coupons are paid at 5% convertible quarterly. the bond is redeemable at par at the amount of 10,000. bonnie received a coupon on 7/1/2005. what is the amortization of premium of the coupon she just received

Answers

The amortization of the premium for the coupon Bonnie received on 7/1/2005 can be calculated by finding the difference between the coupon payment and the interest income generated by the bond at the prevailing yield.

Given the 10-year bond's face value of $10,000 and a 4% yield convertible quarterly, the quarterly interest rate is 1% (4% divided by 4). The coupon payment is 5% of the face value, or $500. At the 1% quarterly yield, the interest income would be $100 (1% of $10,000).

Therefore, the amortization of premium is $500 - $100 = $400. This represents the portion of the coupon payment exceeding the interest income and contributes to reducing the premium over time.

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Carmichael Cleaners needs a new steam finishing machine that costs $100,000. The company is evaluating whether it should lease or purchase the machine. The equipment falls into the MACRS 3-year class, and it would be used for 3 years and then sold, because the firm plans to move to a new facility at that time. The estimated value of the equipment after 3 years is $30,000. A maintenance contract on the equipment would cost $3,000 per year, payable at the beginning of each year. Alternatively, the firm could lease the equipment for 3 years for a lease payment of $29,000 per year, payable at the beginning of each year. The lease would include maintenance. Due to special circumstances, the firm is in the 20% tax bracket, and it could obtain a 3-year simple interest loan, interest payable at the end of the year, to purchase the equipment at a before-tax cost of 10%. If there is a positive Net Advantage to Leasing the firm will lease the equipment. Otherwise, it will buy it. What is the NAL? (Note: Assume MACRS rates for Years 1 to 4 are 0. 3333, 0. 4445, 0. 1481, and 0. 741. )

Answers

The annual lease payment is $29,000, and the equipment will be used for three years before being sold.

To determine the Net Advantage to Leasing (NAL), we need to calculate the total cost of leasing and compare it with the after-tax cost of purchasing the equipment using a loan.

The after-tax cost of purchasing the equipment using a loan is given by the formula:

After-Tax Cost of Purchasing = Interest Expense - Tax Savings = (Loan Amount x Interest Rate) - (Interest Expense x Tax Rate) = (100,000 - 30,000) x 10% - ((100,000 - 30,000) x 10% x 20%) = 5,600.

where the loan amount is the difference between the equipment cost and the estimated salvage value, and the tax rate is 20%.

The total cost of leasing is the sum of the present value of lease payments and maintenance cost. The present value of lease payments can be calculated using the formula:

The present value of lease payments can be calculated by multiplying the lease payment by the present value (PV) factor. For example, if the lease payment is $29,000 and the PV factor is 2.487, the present value of lease payments would be $72,723.

where the PV factor is the present value factor for a three-year lease with an interest rate of 10%, which is 2.487.

The total cost of leasing is:

Total Cost of Leasing = Present Value of Lease Payments + Maintenance Cost = 72,723 + 3,000 \times 3 = 81,723

Therefore, the NAL is:

NAL = Total Cost of Leasing - After-Tax Cost of Purchasing

= 81,723 - 5,600

= 76,123

Since the NAL is positive, it is more advantageous for Carmichael Cleaners to lease the equipment rather than purchasing it. The annual lease payment is $29,000, and the equipment will be used for three years before being sold.

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promotion helps consumers because it group of answer choices informs consumers and places them in a position to specify the products that they seek. tends to be informative and not persuasive. costs billions of dollars each year, which stimulates the u.s. economy. persuades consumers to make the right choices. always stresses wholesome values, which benefits society.

Answers

Promotion helps consumers because it informs consumers and places them in a position to specify the products that they seek. So, correct option is A.

Promotion is a marketing activity that aims to inform and persuade potential customers about a product or service. It includes various methods such as advertising, personal selling, sales promotion, public relations, and direct marketing.

By informing consumers about a product's features, benefits, and availability, promotion helps them make informed decisions about what they want to buy.

Consumers can learn about the different products available in the market and choose the one that best meets their needs and preferences. This puts consumers in a position to specify the products they seek and ultimately leads to a more efficient and effective market.

However, it is important to note that not all promotion is informative and not all persuasive promotion is intended to persuade consumers to make the "right" choices. Some promotions may be misleading or manipulative, and it is essential for consumers to be critical and discerning when evaluating promotional messages.

In conclusion, promotion can be beneficial for consumers when it provides them with accurate and useful information about products and services, which allows them to make informed decisions.

So, correct option is A.

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Complete question is:

Promotion helps consumers because it group of answer choices

A) informs consumers and places them in a position to specify the products that they seek.

B) tends to be informative and not persuasive.

C) costs billions of dollars each year, which stimulates the u.s. economy.

D) persuades consumers to make the right choices.

E) always stresses wholesome values, which benefits society.

Beginning inventory, purchases, and sales data for portable dvd players are as follows:

june 1 inventory 240 units at $78
10 sale 180 units
15 purchase 280 units at $80
20 sale 220 units
24 sale 90 units
30 purchase 320 units at $86

the business maintains a perpetual inventory system, costing by the last-in, first-out method. determine the cost of merchandise sold for each sale and the inventory balance after each sale.

Answers

Using the Last-In, First-Out (LIFO) inventory costing method, the cost of merchandise sold and inventory balance

Inventory balance after each sale can be calculated as follows:

June 1 inventory: 240 units at $78 = $18,720

June 10 sale: 180 units at $80 (last purchase cost) = $14,400

Inventory balance: 60 units at $78 (beginning inventory cost) = $4,680

June 15 purchase: 280 units at $80 = $22,400

Inventory balance: 340 units at $80 = $27,120

June 20 sale: 220 units at $80 (last purchase cost) = $17,600

Inventory balance: 120 units at $80 = $9,600

June 24 sale: 90 units at $80 (last purchase cost) = $7,200

Inventory balance: 30 units at $80 = $2,400

June 30 purchase: 320 units at $86 = $27,520

Inventory balance: 350 units at $80 (LIFO cost for remaining units) = $28,000

To determine the cost of merchandise sold, we use the LIFO method to assign the cost of the most recent purchases to the units sold first. The inventory balance is the cost assigned to the remaining units still in stock. By the end of June, the cost of merchandise sold is $39,200, and the inventory balance is $28,000.

It's important to note that the LIFO method assumes that the most recent costs are the first to be sold, and this can lead to fluctuations in the cost of goods sold and inventory balance depending on the cost of recent purchases.

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Another name for the carer is a respite worker true or false?

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The given statement that "Another name for carer is a respite worker" is True.

A carer is someone who provides support and care to a person who needs assistance with daily living tasks due to illness, disability, or old age. A respite worker, on the other hand, is someone who provides temporary relief to carers by taking over their responsibilities for a short period of time.

This allows carers to take a break, attend to their own needs or responsibilities, or simply recharge their batteries. Respite workers can provide care in a variety of settings, including in the person's home, in a care facility, or in the community.

They may be employed by a government agency, a non-profit organization, or a private company. In some cases, respite workers may be family members or friends who step in to help out on a temporary basis. While the terms "carer" and "respite worker" are not synonymous, they are closely related and often work together to ensure the wellbeing of the person receiving care.

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subject : sales and purchasing management
Coca-Cola has been one of the popular drinks around the World but, during the last 20 years, its popularity has declined among several groups of consumers. Among the main reasons for the decline of popularity, there reasons are associated to the increase of health diseases such as obesity, diabetes and other weight related problems has led to questioning the ingredients in the product. For instance, more than 30 percent of the adults are obese in US. The high sugar content in the product has been the main reason behind this health issues. Governments around the world are considering extra-taxations and prohibition to foster the reduction high sugar contents in this type of products. As stated previously, people have started to change their attitude towards the product and have given more importance to healthier lifestyles. This change from the consumer has affected the sales of Coca-Cola company and its reputation.
a) Based on the previous inputs and your knowledge of the case, identify how Coca-cola is redefining its sales strategy based on acquisitions of external brands and product innovation?

Answers

Coca-Cola is redefining its sales strategy based on acquisitions of external brands and product innovation as Coca-Cola has been attempting to address the negative publicity regarding the unhealthy effects of its beverages, particularly in relation to obesity and diabetes.

It's been like this for more than ten years. This scrutiny by the public has made Coca-Cola look for new ways to change its sales strategy to meet the requirements of its customers.

Coca-Cola has sought to expand its portfolio by acquiring other brands to improve its image and expand its market reach.

One of the most important purchases was that of Innocent Drinks, a UK company that makes smoothies. Coca-Cola bought a 58 percent stake in Innocent Drinks in 2009.

This gave it access to the UK smoothie market, which is growing quickly. Innocent Drinks was a great fit for Coca-Cola because it was a healthy, natural fruit juice that went well with the company's main drink product.

The acquisition of Honest Tea, an organic tea firm, was another vital acquisition for Coca-Cola in 2011.

It has also led to the introduction of a new product line, the 'Smartwater' brand, which emphasizes hydration and contains no calories.

Coca-Cola has even put more money into research and development to come up with healthier options for its customers.

Coca-Cola has also been able to keep up with the changing health food industry by making a new line of products that meet market needs.

For example, Coca-Cola Life was made, which is a Coca-Cola product that is naturally sweetened and has less calories.

By taking these steps, Coca-Cola has been able to keep its position as a leading beverage maker and show its customers that it cares about their health.

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Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget: Whistle Works sells each whistle for $12. It takes 3 ounces of metal to produce each whistle at a cost of $0. 50 per ounce. They prefer to have 10% of materials required for the following month's production in ending inventory as well. What is the total cost of direct materials for November to meet production needs

Answers

In the master budget that Whistle Works manufacturers prepares, the total cost of direct materials for November to meet production needs is  $16,500.

To calculate the total cost of direct materials for November, we need to consider the amount of materials required for production and the desired ending inventory level.

Whistle Works uses 3 ounces of metal to produce each whistle, and with a sales price of $12 per whistle, we can assume a contribution margin of $11.50 per unit.

Assuming Whistle Works plans to produce 10,000 units in November, they will need a total of 30,000 ounces of metal (3 ounces per unit x 10,000 units). The cost of metal per ounce is $0.50, so the total cost of direct materials for November is $15,000 (30,000 ounces x $0.50 per ounce).

However, Whistle Works also prefers to have 10% of the materials required for the following month's production in ending inventory. If they plan to produce 10,000 units in December as well, they will need an additional 30,000 ounces of metal.

Therefore, they will need to have 3,000 ounces of metal (10% of 30,000 ounces) in ending inventory for November. This adds an additional cost of $1,500 to the total cost of direct materials, bringing the total to $16,500 for November.

In summary, the total cost of direct materials for November to meet production needs is $16,500. This includes the cost of metal required for production as well as the cost of materials required for the desired ending inventory level.

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Aces Inc. , a manufacturer of tennis rackets, began operations this year. The company produced 5,400 rackets and sold 4,300. Each racket was sold at a price of $84. Fixed overhead costs are $66,960, and fixed selling and administrative costs are $64,600. The company also reports the following per unit costs for the year:


Variable production costs $24. 40


Variable selling and administrative expenses $1. 40


Required:


Prepare an income statement under absorption costing.


ACES INC.


Absorption Costing Income Statement


Sales $374,000


Less: Variable costs


Variable production costs


Fixed overhead costs


Cost of goods sold


Gross margin


Selling general and administrative expenses


Fixed selling and administrative costs


Variable selling and administrative expenses


Net income (loss)

Answers

The income statement shows that ACES INC. had a net income of $118,100 for the year, after considering all the variable and fixed costs associated with producing and selling tennis rackets.

To prepare an income statement under absorption costing, we need to consider both variable and fixed costs that are associated with the production and sale of tennis rackets.

Sales: 4,300 x $84 = $360,600

Variable production costs: 4,300 x $24.40 = $104,920

Fixed overhead costs: $66,960

Cost of goods sold: $104,920 + $66,960 = $171,880

Gross margin: $360,600 - $171,880 = $188,720

Variable selling and administrative expenses: 4,300 x $1.40 = $6,020

Fixed selling and administrative costs: $64,600

Selling general and administrative expenses: $6,020 + $64,600 = $70,620

Net income: $188,720 - $70,620 = $118,100

Therefore, the income statement under absorption costing for ACES INC. would look like:

ACES INC.

Absorption Costing Income Statement

Sales $374,000

Less: Variable costs

Variable production costs $104,920

Fixed overhead costs $66,960

Cost of goods sold $171,880

Gross margin $188,720

Selling general and administrative expenses $70,620

Fixed selling and administrative costs $64,600

Variable selling and administrative expenses $6,020

Net income $118,100

This income statement shows that ACES INC. had a net income of $118,100 for the year, after considering all the variable and fixed costs associated with producing and selling tennis rackets.

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I need help figuring out the double decking-balance method the last I got 77,737 and 25910 and 6353 it says it’s wrong?

Answers

The double-declining balance method is a way to calculate the depreciation of an asset over its useful life. Here are the steps to find the correct values:

1. Determine the asset's initial cost, its salvage value, and its useful life in years.


2. Calculate the straight-line depreciation rate: Divide 1 by the useful life in years.


3. Double the straight-line depreciation rate: Multiply the straight-line depreciation rate by 2.


4. Calculate the depreciation expense for each year: Multiply the current book value of the asset (initial cost minus accumulated depreciation) by the double-declining balance rate.


5. Subtract the depreciation expense from the current book value to get the new book value for each year.


6. Repeat steps 4 and 5 for each year of the asset's useful life, stopping when the book value reaches the salvage value.

It's essential to have the correct initial cost, salvage value, and useful life in years for the asset to calculate the depreciation correctly. Please recheck these values and use the steps above to find the correct double-declining balance depreciation amounts.

Keep in mind that the double-declining balance method results in higher depreciation amounts in the early years of an asset's life and lower amounts in the later years. If your calculated values are still incorrect, ensure you are using the right method and double-check your calculations.

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The grr 2021 identified ______________ as a threat to the global business landscape.

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The Global Risks Report (GRR) 2021 identified "climate change and environmental degradation" as a threat to the global business landscape. Climate change poses various risks to businesses, including physical risks from extreme weather events, regulatory risks due to changing climate policies, and transition risks arising from the shift towards a low-carbon economy.


To mitigate these threats, businesses need to assess their vulnerability to climate-related risks and develop strategies to adapt and build resilience. This includes investing in sustainable infrastructure, adopting clean energy solutions, and engaging in responsible resource management. Furthermore, companies should actively participate in the global efforts to reduce greenhouse gas emissions and contribute to a sustainable future.


In conclusion, the GRR 2021 highlights the importance of addressing climate change and environmental degradation as a critical threat to the global business landscape. Businesses must take proactive steps to assess and manage these risks, and support global efforts to protect the environment for future generations.

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recording a sales-type lease with a selling profit is similar to recording: multiple choice a purchase on account. an exchange of assets. a sale of a fixed asset. a sale of merchandise on account.

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Recording a sales-type lease with a selling profit is similar to recording a sale of a fixed asset.

In a sales-type lease, the lessor (seller) transfers ownership of the asset to the lessee (buyer) at the end of the lease term, and the transaction is recorded as a sale of the asset. Therefore, the lessor recognizes a selling profit, which is similar to the profit recognized in the sale of a fixed asset.

In contrast, a purchase on account is a transaction where the buyer purchases goods or services on credit and promises to pay the seller at a later date. An exchange of assets involves the exchange of one asset for another, and a sale of merchandise on account involves the sale of goods on credit. These transactions are different from a sales-type lease with a selling profit.

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according to the case study ROLLS-ROYCE IN SINGAPORE: BECOMING A REAL PARTNER IN THE GROUP'S GLOBAL NETWORK
answer the question:
2. What are the main issues that Rolls Royce needed to address to ensure the success of the Selector plant?
3. How did Rolls Royce organize the transfer of knowledge?
4. How is the transferred knowledge embedded in the organization?

Answers

2. The main issues that Rolls Royce needed to address to ensure the success of the Selector plant were creating a new production line to increase productivity and reduce costs.

3. Rolls Royce organized the transfer of knowledge by establishing a knowledge-sharing network that involved all of the company's manufacturing facilities worldwide.

4. The transferred knowledge embedded in the organization through a variety of mechanisms, including the training of staff, the establishment of a knowledge-sharing network, and the implementation of a rigorous quality control program.

According to the case study ROLLS-ROYCE IN SINGAPORE: BECOMING A REAL PARTNER IN THE GROUP'S GLOBAL NETWORK, the main issues that Rolls Royce needed to address to ensure the success of the Selector plant were: Creating a new production line to increase productivity and reduce costs. This involved optimizing the production process and identifying and addressing bottlenecks. Ensuring quality control throughout the manufacturing process. This involved implementing a rigorous quality control program that tracked the quality of every component in the engine, from raw materials to finished products.

Ensuring that the plant had the necessary expertise and knowledge to manufacture the engines. This involved providing training to the plant's staff on the latest manufacturing techniques and technologies. The network allowed the company to share best practices and lessons learned, as well as to identify new opportunities for improvement. Additionally, Rolls Royce established a training program for the plant's staff that provided them with the necessary skills and knowledge to manufacture the engines.

The transferred knowledge is embedded in the organization through a variety of mechanisms, including the training of staff, the establishment of a knowledge-sharing network, and the implementation of a rigorous quality control program. Additionally, the plant's staff are encouraged to identify opportunities for improvement and to share their ideas with other manufacturing facilities within the company's network. This helps to ensure that the knowledge transfer process is ongoing and that the company continues to innovate and improve its manufacturing processes.

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Requirements


1. Columns for Land, Land Improvements, Building, and Furniture have been set up. Show how to account for each cost by listing the cost under the correct account. Determine the total cost of each asset.


2. All construction was complete and the assets were placed in service orn August 1. Record partial-year depreciation for the year ended December 31 Round to the nearest dollar.

Answers

The assets' costs were recorded in the appropriate accounts, i.e., Land, Land Improvements, Building, and Furniture. The total cost of each asset was obtained by adding up its costs from these accounts. Partial-year depreciation for the year ending December 31 was calculated using the straight-line method, based on the asset's depreciable cost and useful life.

To account for each cost under the correct account, we can use the following entries:

Land: The cost of land is recorded in the Land account.

Debit: Land

Credit: Cash (or Accounts Payable, if purchased on credit)

Land Improvements: The cost of land improvements, such as paving, landscaping, or adding fences, is recorded in the Land Improvements account.

Debit: Land Improvements

Credit: Cash (or Accounts Payable, if purchased on credit)

Building: The cost of the building is recorded in the Building account.

Debit: Building

Credit: Cash (or Accounts Payable, if purchased on credit)

Furniture: The cost of furniture is recorded in the Furniture account.

Debit: Furniture

Credit: Cash (or Accounts Payable, if purchased on credit)

To record partial-year depreciation for the year ended December 31, we can use the following steps:

Determine the depreciable cost of each asset by subtracting its estimated salvage value from its cost.

Determine the asset's depreciation expense using the straight-line method, which is calculated by dividing the depreciable cost by the asset's estimated useful life.

Record the depreciation expense in the appropriate account and adjust the asset's book value.

For example, if the cost of the building is $100,000 and its estimated salvage value is $10,000, and it has an estimated useful life of 25 years, the depreciable cost would be $90,000 ($100,000 - $10,000). The annual depreciation expense would be $3,600 ($90,000 / 25 years). If the building was placed in service on August 1, the partial-year depreciation for the year ended December 31 would be $1,200 ($3,600 / 12 months x 4 months). The entry to record the depreciation expense would be:

Debit: Depreciation Expense - Building ($1,200)

Credit: Accumulated Depreciation - Building ($1,200)

The Accumulated Depreciation - Building account is a contra-asset account that is used to record the total amount of depreciation taken on the building to date. The book value of the building can be calculated by subtracting the accumulated depreciation from the building's cost.

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Picture frames selling at $45 each have a variable cost is $15 each. The fixed costs of operating the shop are $7,500 per month. Given this data, the break-even point in number of units is: ___________



a. 650.


b. 500.


c. 475.


d. 250.

Answers

The break-even point in number of units is 250. Option D is correct.

The break-even point is the level of sales or production where the total revenue received by a business is equal to its total costs. At this point, the business is neither making a profit nor sustain a loss. The break-even point can be calculated by analyzing the relationship between fixed costs, variable costs, and revenue.

To calculate the break-even point in number of units, we can use the formula;

Break-even point (in units) =Fixed costs/(Price per unit - Variable cost per unit)

Plugging in the given values, we get;

Break-even point (in units) = $7,500 / ($45 - $15)

= $7,500 / $30

= 250 units

Therefore, the break-even point in number of units will be 250.

Hence, D. is the correct option.

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Complete the sentences with the correct terms. Some terms may be used more than once, and some may not be used at all. You are currently in a labeling module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop. The Fed controls the money supply through open market operations. For instance, when the Fed buys bonds, this in demand for bonds causes nominal interest rates to. When the Fed buys bonds, bank reserves , which reduces the need for banks to borrow. This causes the federal funds rate to. Answer Bank

Answers

The Fed controls the money supply through open market operations. For instance, when the Fed buys bonds, this increase in demand for bonds causes nominal interest rates to rise. When the Fed buys bonds, bank reserves increase, which reduces the need for banks to borrow. This causes the federal funds rate to fall.

The Fed also referred to as the Federal Reserve, is in charge of managing the country's money supply. Buying and selling government bonds on the open market is one method it employs to achieve this. When the Fed purchases bonds the demand for them rises raising the price while lowering the interest rate.

As a result borrowing becomes more affordable encouraging both businesses and consumers to increase their spending and investment. The Fed injects reserves into the banking system along with the bonds it purchases, reducing the need for banks to borrow from one another. As a result, the federal funds rate the interest rate that banks charge one another for overnight loans decreases.

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rue or false: an estimated overall loss on a long-term contract is fully recognized in the first period the loss becomes evident, regardless of the revenue recognition method used. true false question. true

Answers

The given statement "an estimated overall loss on a long-term contract is fully recognized in the first period the loss becomes evident, regardless of the revenue recognition method used" False.

An estimated overall loss on a long-term contract is not fully recognized in the first period the loss becomes evident, regardless of the revenue recognition method used. The recognition of the loss depends on the revenue recognition method used by the company.

Under the completed contract method, the revenue and expenses are recognized when the contract is completed. Therefore, the loss on the contract will only be recognized when the contract is completed. On the other hand, under the percentage of completion method, revenue and expenses are recognized as the work progresses. Therefore, the loss on the contract will be recognized over the duration of the contract, based on the percentage of completion of the project.

Overall, the recognition of the loss on a long-term contract depends on the revenue recognition method used by the company. It is not fully recognized in the first period the loss becomes evident.

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Innovative structures are commonly structured as flatorganizations with limited ______.a. coordination with cross-functional teamsb. bureaucracyc. flexibilityd. divisions"

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Innovative structures are commonly structured as flat organizations with limited b) bureaucracy.

Innovative structures refer to organizational designs that promote creativity, collaboration, and agility. One of the most common features of innovative structures is a flat organizational hierarchy, which means that there are fewer layers of management and decision-making authority is decentralized.

This promotes faster communication, greater employee engagement, and more flexibility. In contrast to traditional hierarchical structures, flat organizations have limited bureaucracy, meaning that there are fewer rules and procedures to follow.

This allows for greater autonomy and creativity among employees, which can lead to more innovative ideas and solutions. By promoting a culture of collaboration and open communication, flat organizations can support cross-functional teams and enable more effective coordination among different departments or areas of expertise.

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Can someone help me with this question please

How does you credit rating affect your credit score?

Answers

Answer:

Your credit rating decreases each time you are missing a payment or late on a payment which affects your credit score. With your credit score lowering each time, it will affect you from many opportunities like getting a loan for a lower interests rate and it will affect on whatever major purchase you make and you want to borrow money since the lender will not think you are a reliable person that will pay on time.

Explanation:

Hope that helps

A process is considered to be minimally capable if itsprocess capability index is:a. Not less than 1.0b. Less than 1.0c. Between -1.0 and +1.0d. Greater than 2.0

Answers

A process is considered to be minimally capable if its process capability index is less than 1.0. Option B is the answer.

The process capability index, also known as CpK, is a statistical measure of the ability of a system to produce output that satisfies customer specifications. It is used to quantify how well a process performs relative to its customer requirements, as well as to compare different processes.

A process capability index of at least 1.0 is considered to be adequate. If the process capability index is less than 1.0, the process is deemed to be minimally capable, which means that it cannot meet customer requirements to the extent that is needed.

Therefore, the correct answer is option B: Less than 1.0.

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Ideally how does an organization apply the concept of preference to ensuring consistency of decision making across different units of the organization

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The concept of preference in decision making is crucial for an organization to ensure consistency across different units. Ideally, an organization can apply this concept by establishing clear and consistent criteria for decision making, communicating these criteria to all units, and regularly evaluating decision outcomes.

This includes the identification of key stakeholders and their preferences, as well as an understanding of the organization's values and goals. By incorporating preference into decision making, an organization can avoid making decisions based solely on personal bias or situational factors, and instead make decisions that are fair and objective.

This can also help to build trust and transparency within the organization and improve overall performance.

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Clare fran is buying a new chevy volt for $39,000 with an interest charge of $4800. she sets up a loan, and repays it over 25 equal monthly payments for 25 months. what will be her monthly payment

Answers

Clare Fran's monthly payment for the loan will be $1,752.

Clare Fran is buying a new Chevy Volt for $39,000 with an interest charge of $4,800. To determine her monthly payment, we first need to add the interest charge to the cost of the car:

$39,000 + $4,800 = $43,800

Now, we'll divide the total amount to be repaid ($43,800) by the number of equal monthly payments (25 months):

$43,800 ÷ 25 = $1,752

So, Clare Fran's monthly payment for the loan will be $1,752.

We can also use a loan payment formula, such as the PMT function in Excel, to calculate the monthly payment.

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Most renters and all homeowners will both need to pay monthly for ___________

Answers

Most renters and all homeowners will both need to pay monthly for housing expenses.

This includes the cost of renting an apartment or paying a mortgage on a house. Renters pay a fixed amount of rent to their landlords each month, while homeowners pay a mortgage payment to their lender. Both groups may also have to pay additional expenses such as utilities, property taxes, and home insurance. These monthly expenses are necessary to maintain a place to live and to ensure that the property remains in good condition.

While renters have the flexibility to move to a new location once their lease is up, homeowners must continue to pay their mortgage until the loan is paid off or the property is sold. In either case, it is important for individuals to budget accordingly and plan for these ongoing expenses in order to maintain financial stability.

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In a market of the supply price is p=15-0.75q find equilibrium price and quantity, if the government impose a per unit tax of 4cedis. how much of a price rise will this tax mean to the consume, what will be the tax revenue raised





Answers

Tax revenue = 4 * 22 = 88 cedis. To find the equilibrium price and quantity, we need to set the supply price equal to the demand price.

The demand price is not given in the problem, but we can assume that it is a linear function of quantity, such as p = a - b*q. To find the values of a and b, we need two points on the demand curve.

Let's assume that at a price of p = 10, the quantity demanded is q = 20, and at a price of p = 20, the quantity demanded is q = 5. Using these two points, we can find the demand equation:

b = (20-5)/(10-20) = 1.5

a = 10 + b*20 = 40

So the demand equation is p = 40 - 1.5q. Setting this equal to the supply equation, we have: 15 - 0.75q = 40 - 1.5q

Solving for q, we get q = 20. Substituting this into either equation, we can find the equilibrium price:

p = 40 - 1.5*20 = 10

So the equilibrium price is 10 cedis and the equilibrium quantity is 20 units. Now let's consider the effect of a per unit tax of 4 cedis. The new supply equation is: p = 15 - 0.75q - 4 = 11 - 0.75q

To find the new equilibrium price and quantity, we again set the supply price equal to the demand price:

11 - 0.75q = 40 - 1.5q

Solving for q, we get q = 22. Substituting this into either equation, we can find the new equilibrium price: p = 40 - 1.5*22 = 7

So the new equilibrium price is 7 cedis and the new equilibrium quantity is 22 units.

The price rise to the consumer due to the tax is the difference between the new equilibrium price and the old equilibrium price, which is 7 - 10 = -3 cedis. This means that the consumer pays 3 cedis less per unit than before the tax, but the total price including the tax is higher.

The tax revenue raised is equal to the tax per unit multiplied by the quantity sold: tax revenue = 4 * 22 = 88 cedis

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