If Jonathan wants to start a business that relies entirely on the buyer’s demand then the market-driven economic system is best suited for his business to thrive.
A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand. A market that is open to competition has few to no restrictions on how businesses can operate. Tariffs, taxes, licensing requirements, subsidies, unionization, and any other laws or practices that obstruct free-market activity are not present in an open market. Since there is little government interference in market economies, all management decisions are made by private ownership. Greater effectiveness, productivity, and innovation are produced by this economy type.
Note that the full question is:
Jonathan wants to start a business that relies entirely on the buyer’s demand. In which economic system is best suited for his business to thrive
A. command driven
B. market driven
C. mixed economy
D. traditional economy
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during an audit of an entity’s stockholders’ equity accounts, the auditor determines whether there are restrictions on retained earnings resulting from loans, agreements, or state law. this audit procedure most likely is intended to verify management’s assertion of:
Most generally, the purpose of this audit technique is to confirm the management's claim regarding presentation and disclosure.
What Do Internal Controls Audit Procedures Entail?
The procedures that auditors follow in order to gather enough relevant audit evidence to make a professional judgment about the efficacy of an organization's internal controls.
To safeguard their IT systems and sensitive data, firms utilize internal controls. They can also be used to ensure responsibility for financial statements and accounting records.
Understanding internal controls, business processes, and the efficacy of a control cannot be done using a single, all-encompassing strategy. Instead, each audit has a different set of requirements.
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is the criminal action of being involved in an organized effort to engage in illegal business transactions.
The criminal action of being involved in an organized effort to engage in illegal business transactions is Racketeering.
The term racketeering extensively alludes to criminal demonstrations, regularly those including blackmail, that include a "racket". A racket is some kind of plan coordinated to remove unlawful benefits. It is generally utilized for examples of criminal behavior determined in the Racketeer Influenced and Corrupt Organizations Act (RICO).
In other words, it is the demonstration of obtaining a business through criminal behavior, working a business with wrongfully determined pay, or utilizing a business to carry out unlawful demonstrations.
The rundown of felonies determined in RICO incorporates payoff, misrepresentation, betting offenses, tax evasion, monetary and financial violations, discouraging equity or a criminal examination, and murder for enlisting.
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suppose you have $12,000 in the bank and plan to spend $10,000 to buy a car. one opportunity cost of buying the car would be
suppose you have $12,000 in the bank and plan to spend $10,000 to buy a car. one opportunity cost of buying the car would be the interest you cannot earn on your $10,000.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
suppose you have $12,000 in the bank and plan to spend $10,000 to buy a car. one opportunity cost of buying the car would be the interest you cannot earn on your $10,000.
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keisha can produce the following combinations of x and y: 100x and 20y, 50x and 30y, or 0x and 40y. the opportunity cost of one unit of y for keisha is
Keisha can produce the following combinations of x and y: 100x and 20y, 50x and 30y, or 0x and 40y. The opportunity cost of one unit of y for Keisha is 5 units of X.
In the concept of microeconomics, the opportunity cost of a particular activity is the cost or benefit that is foregone by engaging in that interest compared to doing another activity. Simply put, once you decide what you're interested in, you give up the option of choosing another option.
What are Opportunity Costs and Instances?
Opportunity cost is the time you spend reading a book versus the money you could spend doing something else. The farmer decided to plant wheat. Occasional charges are for planting exceptional crops or trading sources (land and farm gadgets).
Why Opportunity Cost?
The idea behind opportunity cost is that as an owner of a trading company your resources are always limited. In short, not all opportunities are available due to limited time, money and information. Choosing one always forces you to give up the other.
In the concept of microeconomics, the opportunity cost of a particular activity is the cost or benefit that is foregone by engaging in that interest compared to doing another activity. Simply put, once you decide what interests you, you give up the option of choosing another option.
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until six months ago, alejandro's department had the highest productivity rate in the company. their work was almost flawless and it was always completed in a timely manner. recently, that has changed drastically and the department has started producing poor quality work. what would you suggest alejandro do to solve this problem?
Alejandro has to apply critical thinking to analyze what has changed in the last six months before working to address any problems.
What is the critical thinking?The intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating data gleaned from, or generated by, observation, experience, reflection, reasoning, or communication, as a guide to belief and action, is known as critical thinking.
The capacity for factual analysis and opinion formation is known as critical thinking. It is a subset of emotional intelligence. When the occasion calls for it, a person with critical thinking abilities can think clearly and logically. They are able to make decisions and solve problems more effectively as a result.
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all other things equal, and assuming that purchased both items before, what would you expect to happen to his purchases of (relative to ) this year?
The law of demand suggests that because steaks are more expensive than salmon, they should be. David will make significantly fewer purchases. (Both items' dollar prices have increased, but this increase is relative and does not affect demand.)
The Law of Demand
One of the most fundamental ideas in economics is the law of demand. It explains how market economies distribute resources and set the prices of goods and services that we see in daily transactions by combining the law of supply. The law of demand states that the relationship between quantity purchased and price is inverse. In other words, the quantity demanded decreases as the price increases. Because of declining marginal utility, this happens. In other words, consumers utilize the initial units of an economic good they buy to fulfill their most pressing requirements first, and they use the subsequent units to fulfill progressively lower-valued goals.
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as a result of the decline in available flu vaccines, the equilibrium price should , and the equilibrium quantity should
As a result of the decline in available flu vaccines, the equilibrium price should increase, and the equilibrium quantity should decrease.
A decrease in supply will cause the equilibrium price to increase and the equilibrium quantity will decrease. So here, in this situation where there is a decline in available flu vaccines, so here the equilibrium price should increase, and the equilibrium quantity should decrease.
Whereas, an increase in supply, all other things unchanged, will cause the equilibrium price to fall and so the quantity demanded will increase. Thus, the increase in demand causes excess demand to develop at the initial price.
Hence, at equilibrium price, buying plans and selling plans agree and price does not change.
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explain why it is appropriate for optimus to value the electrobicycle project using its wacc. compare using the wacc to using solely the cost of equity in valuing the electrobicycle project.
Imagine that you are the owner of Optimus, Inc., a business with a capital structure that is comprised of 60% common stock and 40% debt. The cost of the debt is 4% after taxes.
After researching the Electrobicycle project, you come to the conclusion that the automaker that conducted the research and development (R&D) made a critical error. After the first five years, you think there will be prospects for global expansion as well as many more years of revenue and profit from selling electrocycles. Consequently, you wouldn't terminate the project in Year 5. Instead, you think that in Year 5, you will be able to sell the Electrobicycle company to a large corporation that will carry on manufacturing and exporting the goods for many more years. In Year 5, you anticipate selling the Electrobicycle company for at least $15.0 million. As a result, you think the Electrobicycle project has much more potential than the auto industry does.
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organizational behavior: improving performance and commitment in the workplace 7th edition pdf chapter 1
Organizational conduct is taking a look at of ways individuals and organizations interact with every other and with the enterprise. An effective organizational conduct method can assist management to inspire its employees to perform nicely. accomplishing collective dreams will become less complicated.
An expansion of factors has an impact on organizational behavior, which includes the employer's shape, policies, and techniques, control effectiveness, and interactions between colleagues. All of these elements can inspire personnel to work more difficult or contribute to disengagement.
An organizational behavior concept is a department of academics that has a look at that pursuits to determine how and why human beings act in certain ways inside exclusive kinds of expert companies.
Organizational behavior proposes that incentives are motivational elements that might be crucial for personnel to carry out well. Organizational behavior changes the way people make decisions. groups that can be able to encourage dangers in decision-making inside the agency tradition can beautify innovation and creativity.
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the most common data in an sap erp system are which reflect the financial and business impact of executing a process step.
Transaction data is the most prevalent type of data in a SAP ERP system.
Transactional Data: What is it?
Information that is gathered from transactions is referred to as transactional data. It keeps track of the date and location of the transaction, the time it took place, the price ranges of the goods purchased, the mode of payment used, any discounts applied, and other quantities and characteristics related to the transaction. Typically, transactional data is recorded at the point of sale.
In other words, transactional data is the information produced by different business applications as they carry out or support routine purchasing and selling activities. Data from point-of-sale servers, security programs, ATMs, and payment gateways, coming from any device imaginable used to execute a financial transaction, is woven together into a vast and complex network.
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Choose the answer. Anna, a corporate trainer, is planning to teach a class to a group of executives. Her boss offers her the advice, "Know your audience." How should Anna interpret this statement?
Talking to a group of executives is different than talking to your peers.
She should do background research on every person in the room before teaching.
She should spend most of the class time on small talk to really make connections.
Executives probably don't want to hear anyone teach them something.
As regards the fact that Anna is to teach a class of executives, the advice by her boss to "Know your audience" means that Talking to a group of executives is different than talking to your peers.
What does it mean to "Know your audience"?When we are advised to know our audience, this usually means that we should understand that we need to talk to our audience in a certain way based on their rank, qualifications, and knowledge.
In this case therefore, Anna's boss wants to make her aware that she should remember that executives are not her peers and so she should talk to them in a different manner.
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heidi talbott has a margin account with a balance of $50,000. the initial margin deposit is 50%, and rc industries is currently selling at $50 per share. if the maintenance margin is 25%, to what price can rc industries stock price fall before heidi receives a margin call? group of answer choices $23.33 $21.75 $32.00 $22.22 $33.33
As per the given figures, the price at which RC industries stock price can fall before Heidi receives a margin call is at $33.33. Hence, Option E is correct.
What is the stock price?Another term that can be used in place of the stock price is share price A share price is a price that depends on the amount or price that is being offered by a company in exchange for the share that is held by a person.
There is a particular market where trading and sharing are done at both a national as well as international level. Each and every company has their own marginal account as well as a marginal deposit.
As a result of the given figures calculation, Option E is correct.
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in circumstances in which there is a recession, employees may have to allow another person to negotiate their salary increase production to reduce employer costs request to work more hours to earn more money relocate to find work that fits their skills
In circumstances in which there is a recession, employees may have to allow another person to negotiate their salary and increase production to reduce employer costs.
This is further explained below.
What is production?Generally, In order to create anything that can be consumed, the process of production involves bringing together a number of different inputs, both material and immaterial.
In conclusion, In the event that there is a recession, it is possible that workers may be required to let another individual negotiate their compensation and improve their productivity in order for employers to lower their expenses.
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PLEASE HELP, fill in the missing spots with the correct terms
Answer:
1.finance
Explanation:
the optimal capital strucutre is th emix of debt equity and preffered stock that maximizes the company's
An optimal capital structure is the best mix of debt, equity and preferred stock that maximizes a company's market value while minimizing its cost of capital.
Preferred stock is a component of equity that may exhibit any combination of characteristics not possessed by common stock, including characteristics of both equity and debt securities, and is generally considered a hybrid security.
What is preferred stock?
Preferred stock is a class of stock that shares characteristics of both stocks and bonds. Like bonds, preferred stocks offer higher dividend yields and less risk than common stocks, while often yielding cash payments at higher yields than bonds.
What is the difference between common stock and preferred stock?
The main difference between preferred stock and common stock is that preferred stock gives shareholders voting rights, while common stock gives no voting rights. Preferred shareholders have precedence over company interests. Preferred shareholders receive dividends in preference to common shareholders.
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at u.s. sales corporation, all the people who are responsible for promoting the company's products work together. this group of people has similar skills and uses the same knowledge to get the job done. this group would be considered a(n) .
It is called an Organisation.
What is an Organisation?A group of people who work together to achieve a common goal is referred to as an organization. It is a social system that encompasses all formal human interactions. The organization includes employee work division and task alignment toward the company's ultimate goal.
It is also known as the second most important managerial function because it coordinates employee work, procures resources, and combines the two in order to achieve the company's goals.
Formal Organization Structure: The formal organization structure is the structure of jobs and positions with specific activities and relationships. It is created by management to achieve the company's goals.
Informal Organization Structure: An employee relationship based on personal attitudes, prejudices, and interests rather than procedures. It is a system of personal and social connection that does not require a formal organization to create.
Thus, the organization has a lot of different structures and types.
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Maria is an industrial engineer at a nissan plant. Indicate how maria should change her production plans in response to each change in market conditions. A. An engine supplier decreases the price it charges nissan by 50%
As a result, Nissan's cost of production will decrease, and Nissan should increase its supply.
The professional engineer program is a higher education program after the undergraduate program to build engineering competence. After passing the engineer profession program, you are entitled to a professional engineer certificate and recorded by PII. Therefore, it should be noted that today's engineer degrees are no longer used by universities as academic degrees but rather as professional degrees.
To obtain a professional engineering degree, one must graduate from the engineering profession program. While the requirements to join the professional engineer program are:
Obtain a bachelor's degree in engineering or an applied bachelor's degree in engineering, both graduates from domestic universities and equivalent foreign universities; or
Bachelor of engineering education or Bachelor of Science equivalent to a Bachelor of Engineering or applied degree of engineering through an equivalency program.
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a common rule of thumb for high technology products is that a six month delay in project execution can result in lost market share of what amount? multiple choice question. 10% 25% 33% 50%
A common rule of thumb for high technology products is that a six month delay in project execution can result in lost market share of 33%. Thus, the correct option is C). 33%.
What is the significance of the rule of thumb?A common rule of thumb in the world of high-tech product development depicts that a six-month project delay can result in a 33 per cent loss in product revenue share.
A rule of thumb is a basic guideline that provides the simplified rule set regarding a particular subject or course of action.
Basically, it is a general principle that provides the practical instructions for completing the tasks.
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an organization can succeed if it is better than competitors at something and can stay better at it over a length of time. what is this called?
When an organization is better than its competitors at something and can stay better at it over a length of time, this is called a Competitive Advantage.
What is competitive advantage?The competitive advantage of a company refers to a quality that it knows how to do better than its competitors.
They are also able to remain the dominant force in this quality for a length of time which would allow them to use it to produce/ sell more goods and services and get more customers.
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tanveer is tasked with obtaining detailed information about the jobs in his organization. he is performing a job .
Tanveer is tasked with obtaining detailed information about the jobs in his organization. he is performing a job analysis. Thus, option C is correct.
What is an organization?An organization is defined as the part where the work is done together and in the organization people get paid for the job that they have performed.
Tanveer is performing job analysis as he is writing a piece of detailed information about the job. In this, a particular department and a particular position is being chosen about which all the duties roles, and responsibilities are written. Therefore, option C is the correct option.
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The question is incomplete, the complete question is :
a. selection
b. design
c. analysis
d. recruitment
consider an incumbent that is a monopoly currently earning $1 million annually. given the declining costs of raw materials, the incumbent believes a new firm may enter the market. if successful, a new entrant would reduce the incumbent's profits to $750,000 annually. to keep potential entrants out of the market, the incumbent lowers its price to the point where it is earning $850,000 annually for the indefinite future. if the interest rate is 5 percent, does it make sense for the incumbent to limit price to prevent entry? multiple choice it does not make sense since $2 million is greater than $150,000. it does make sense since $2 million is greater than $150,000. it does make sense since $150,000 is greater than $5 million. it does not make sense since $5 million is greater than $100,000.
Yes, it makes sense for the incumbent which is a monopoly if the interest rate is 5%. Since, $2million > $250000.
Annual earning = $850,000
Profit reduced by new entrants = $750,000
rate of interest = 5%
$850,000- $750,000 = $100000
$100000/0.05 = $200,000
$200,000> ($100000-$750,000 =$250,000)
A monopoly is a market structure in which a single seller or producer dominates an industry or sector. Monopolies are frowned upon in free-market economies because they stifle competition and limit consumer substitutes. Companies become monopolies by controlling the entire supply chain, from production to sales, through vertical integration, or by purchasing competing companies in the market, becoming the sole producer, through horizontal integration.
Monopolies can set prices and keep pricing consistent and reliable for consumers in the absence of competition. Monopolies benefit from economies of scale, allowing them to produce large quantities at lower per-unit costs. Standing alone as a monopoly allows a company to invest in innovation with confidence and without fear of competition.
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t is november 1 of year 1. sales for frasier company for november and december of year 1 and january of year 2 are forecasted to be as follows: november, 400,000; december 600,000; january, 200,000 on average, cost of goods sold is 70% of sales. during this period, frasier company expects inventory levels to remain constant. this means that inventory purchases are expected to equal the amount of cost of goods sold. 40% of purchases are for cash. of the credit purchases, 5% are paid during the month of the purchase, 65% in the month following the purchase, and 30% in the second month following the purchase. sales for september and october of year 1 were 100,000 and 150,000, respectively.
b. $274,400
Calculation:
Credit sales = 60%
Cash sales = 40%
Particulars $
Cash Purchase ($200,000 x 70% x 40%) = 56,000
Credit Purchase
January month ($200,000 x 70% x 60% x 5%) = 4,200
December month ($600,000 x 70% x 60% x 65%) = 163,800
November month ($400,000 x 70% x 60% x 30%) = 50,400
Total Cash Payments for purchase in January of year 2 = 274,400
What are Credit Sales?Credit sales are transactions in which the debt will be paid in full at a later time. In other words, credit sales are transactions when the consumer does not pay in whole, in cash, at the time of the transaction.
Cash sales, credit sales, and advance payment sales are the three basic types of sales transactions. The timing of when cash is received is the only distinction between these sales transactions.
1. Sales made in cash: When a transaction is made and the customer receives their goods or services, cash is collected.
2. Credit sales: After the sale is made, the customer has a certain amount of time to pay the vendor.
3. Sales involving advance payments: Buyers pay the vendor in full before closing the deal.
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social media data may be considered a form of secondary data, since it is information that does not originate as a result of a marketing research project.
social media data may be considered a form of secondary data. Since it is information that does not originate as a result of a marketing research project.
Why can we consider social media data a form of secondary data?There are many different categories of data that may be used in data analytics. For instance, the contrast between qualitative and quantitative data is frequently used. You might also separate your data depending on aspects like sensitivity.
For instance, is it widely known or is it really private?
The source of the data is perhaps the most basic distinction between various forms of data. Are they, specifically, first-party, second-party, or third-party data? These essential data sources all contribute in some manner to the data analytics procedure.
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Stuart, a salesperson representing a buyer, is told that the buyer plans to operate a pet grooming business out of any house he buys. Stuart does tell the buyer to verify local zoning ordinances to determine in which parts of town such a business can be conducted. Which duty does stuart violate?
The answer is care. A salesperson must use his skills and knowledge to protect the client's interest in a purchase. In this case, the seller should notify the buyer to verify local zoning regulations that may prohibit the buyer from doing business from home. All salespeople and brokers owe this obligation and disclosure of material facts to consumers. An agent will owe obedience and loyalty to the principal.
Entrepreneur refers to someone who builds or runs their own business. By owning shares in the company, the entrepreneur can enjoy many advantages if all goes well; but they also take a lot of risks—far more than the average employee in the business.
This entrepreneurial risk can take several forms, including financial risk, career risk, emotional risk, or overall business risk. Because there is so much at stake in starting and growing a successful business, there are very specific skills that an entrepreneur usually needs to be successful.
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A celling (maximum )price.....
Answer: Price ceiling (maximum price) – the highest possible price that producers are allowed to charge consumers for the good/service produced/provided set by the government. It must be set below the equilibrium price to have any effect.
Explanation:
In her job as a pharmacy technician, Imani measures precise doses of medication for patients. What type of skill is this?
A. technical
B. soft
C. collaborative
D. academic
Based on the fact that Imani needs to precisely measure doses of medication for patients, this type of skill is a A. Technical skill.
What is a technical skill?A technical skill refers to one that a person gets from having specialized knowledge in several types of specialized tasks and projects.
The skill to be able to measure precise doses of medication that Imani has is a specialized knowledge that helps her in the pharmaceutical industry which makes it a technical skill.
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health insurance covers well-being preventive care and medical treatment protects homes, land, and other possessions pays a portion of wages if an individual cannot work for a period of time due to illness or accident provides some financial support to beneficiaries when someone dies
Health insurance covers well-being preventive care and medical treatment. Thus, option A is correct.
What is insurance?Insurance may be defined as the part where the person by protection towards expected losses of financial losses that comes in the way. Insurance can be taken for automobiles, property, or health.
Health insurance is generally taken by a person with respect to their health or well-being. Health Insurance provides financial aid when in need of medical treatment.
With this method, if a person requires an emergency surgery he or she can go for medical insurance which will cover the amount for the surgery. Therefore option A is the correct option.
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The question is incomplete, the correct question will be
health insurance
covers well-being preventive care and medical treatment
protects homes, land, and other possessions pays a portion of wages if an individual cannot work for a period of time due to illness or accident
provides some financial support to beneficiaries when someone dies
at the beginning of each workday in the medical office, the receptionist is generally responsible for:
At the beginning of each workday in the medical office, the receptionist is generally responsible for disengaging the alarm system.
What is receptionist?
An individual who works in an office or administrative support role is a receptionist. The task is typically done in a waiting room, like a lobby or front desk of a company or institution. A person who works for an organisation who is responsible for greeting clients, patients, and visitors as well as taking phone calls is known as a receptionist. A receptionist's tasks may also include room reservations and assignment, visitor registration, cashier work, credit checks, key control, and mail and message service. This administrative department is referred to as the front desk in many hotels. Front desk clerks are another name for these receptionists. To help the businesses they work for, receptionists perform a variety of activities, such as scheduling appointments, filing, keeping records, and other office duties.
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what do you consider your own strengths and weaknesses for leadership? discuss your answer with another student.
When a leader demonstrates a poor work ethic, a loss of motivation or a lack of accept as true with of their teams, it may cause a disorganized workplace. These kinds of traits also are taken into consideration in leadership weaknesses, mainly if a crew leader fails to acknowledge and work on improving their weaknesses.
These 15 management qualities are: honesty or integrity, confidence, being capable of inspiring others, staying passionate, communication, selection-making responsibility, delegation, creativity and innovation, empathy, resilience, interpersonal competencies, humility, emotional intelligence, transparency, and long term questioning.
Understanding your weaknesses lets in you to recognize how you can works around them. Strengths and weaknesses are a part of being self-aware. When you recognise your strengths and weaknesses, you could create a development approach that focuses on your unique development needs.
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from the following list, select all the business practices that are both "green" or environmentally responsible and sustainable in terms of a business’s current and long-term success and the environment.
Business practices that are both "green" or environmentally responsible and sustainable in terms of a business’s current and long-term success and the environment are:-
-encouraging employees to telecommute
-using teleconferencing for meetings
-shifting to a shorter, four-day workweek
Green computing (additionally known as green IT or sustainable IT) is the design, manufacture, use, and disposal of computer systems, chips, other technology components and peripherals in a manner that limits the damaging effect on the environment, inclusive of decreasing carbon emissions and the electricity ate up by producers, facts centers.
For an instance, green computing recommends shutting down a laptop when it's no longer in use to reduce energy waste. Other simple practices consist of turning off your computer screen or even adjusting its energy settings to consume much less energy whilst nonetheless working are also green computing techniques.
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