We are required to explain how external economies of scale occur with a change in average costs of firm
Economies of scale can be defined as the rise in output as cost per unit decrease.External economies of scale occur when average costs of a firm "fall as the representative firm and industry grows larger." External economies of scale occur when a industry grows larger and representative firms benefit from lower long-run average costs.External economies of scale can also be called positive external benefits of industrial expansion.Therefore, External economies of scale occur when average costs of a firm "fall as the representative firm and industry grows larger."
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1. How has the job market changed?
2. Will computers/technology affect jobs? How? Or why not?
3. What does the future hold for your generation?
what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, including merging markets?
what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, including merging markets, is known as:
"Reverse Innovation."
This is because reverse innovation is a type of innovation in which the product is originally innovated for poor neighborhoods such as developing regions, then repackaged in a way that is then sold to the rich neighborhoods such as developed regions.
Reverse innovation is a term originally coined by Vijay Govindarajan and Chris Trimble.
They claimed that reverse innovation is a kind of bottom-up innovation strategy whereby the products designed for poor areas are then redefined and sold to the rich areas.
Hence, in this case, it is concluded that the correct answer is "Reverse Innovations."
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1 points Time Remaining 3 hours 32 minutes 11 seconds03:32:11 eBookPrintReferencesItem 31 Time Remaining 3 hours 32 minutes 11 seconds03:32:11 A __________ is a private investment pool open only to wealthy or institutional investors that is exempt from SEC regulation and can therefore pursue more speculative policies than mutual funds.
Hedge fund refers to that investment vehicle which serves only for the accredited investors, high class institutional investors and high net worth individuals. They hold the greatest risk and try to achieve highest return among all.
Which is NOT a main goal of advertising?
To evaluate: gives a company a measure of how many customers it reaches.
To persuade: shows why the brand is the best.
To inform: introduces a brand new company, product, or service.
To remind: reinforces the brand message.
Answer:
to remind
Explanation:
because you need to persuade people and inform people and before you do that you have to evaluate
Many businesses use find-a-hand, a professional staffing agency because of the employees’ expertise in recruiting and selecting workers that match the needs of their business clients. in a swot analysis, the employees’ high levels of knowledge are an example of the find-a-hand’s:
It is an example of Strength in SWOT Analysis.
SWOT Analysis is a strategic planning technique used for identifying and analyzing internal strengths and weaknesses in an organization includes the Strength, Weakness, Opportunities and Threat.
Professional staffing agency isused by organization to recruit qualified workers into the organization.But, employees’ with high levels of knowledge can also perform the purpose for business client, so, this situation forms part of the Strength factor for such organization.In conclusion, an example of the find-a-hand’s forms the Strength in the SWOT analysis of the company.
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major differences between service companies and retail or manufacturing companies is that retailers and manufacturers must account for
The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;
Inventory and Cost of GoodsInventory refers to the goods in stock which the business wishes to sell in order to make a profit from.
Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.
The same is not applicable to service companies because they do not have physical goods to sell.
Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.
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Buying something in order to increase social status is known as ______consumption.
Answer:
conspicuous consumption
what country consumes the most chocolate per capita?
Answer:
Switzerland
Explanation:
amounting to an impressive 8.8 kilograms.
Answer:
Switzerland
Explanation:
snowcap ice cream produces over a dozen delicious ice cream flavors and a number of individually packaged frozen treats. which of these strategies would represent vertical integration for snowcap?
The purchase of Mountain Dairy milk farm would represent a vertical integration for Snowcap.
Vertical integration refers to the process of acquiring the business operations of another in order to increase supply chain efficiency and to achieve reduction of delays.
Here, the Snowcap company produces ice creams and requires the milk to facilitate its production. Therefore, the company can buy a milk plant, to enable its control the delivery of milk to the ice cream plant.
Therefore, the purchase of Mountain Dairy milk farm would represent a vertical integration for Snowcap.
Multiple Choice "a. purchasing Mountain Dairy milk farm, b. acquiring a beverage bottling plant, c. opening a personal tax accounting division, d. setting their prices lower than the competitors’ prices"
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Project Data
Mowgli Corporation adjusted trial balance for fiscal year ending December 31, 2019.
Dr.
Cr.
Cash
$21,000
Accounts Receivable
$102,000
Inventory (beginning)
$20,000
Estimated Returns Inventory
$5,000
Land
$9,000
Office equipment
$22,000
Accumulated Depreciation-equip.
$20,000
Building
$233,000
Accumulated Depreciation-Bldg.
$94,000
Patent
$16,000
Accounts Payable
$73,000
Customer Refunds Payable
$2,000
Interest Payable
$14,000
Unearned Revenue
$22,000
Notes Payable
$100,000
Capital
$80,000
Drawings
$29,000
Sales
$206,600
Purchases
$106,000
Purchases Returns and Allowances
$1,000
Purchase Discounts
$500
Freight-in
$300
Insurance Expense
$6,000
Interest Expense
$8,000
Repair Expense
$5,000
Salaries Expense
$17,600
Advertising Expense
$1,200
Depreciation Expense
$11,000
Utilities Expense
$1,000
$613,100
$613,100
Other Information:
Inventory on hand at December 31, 2019 is $55,000 (Hint: this is ending inventory).
Estimated Returns Inventory increased $2,000 (Hint: Include in COGS and Closing Entry).
Administrative expenses include: Insurance, Repair, Utilities, and Depreciation.
Selling expenses include: Advertising and Salaries.
$50,000 of the Notes Payable is payable next year (Hint: classified as current).
Answer:
21,000
Explanation:
what is a consequence of not having health insurance?
A consequence of not having health insurance is:
A person may not be able to afford healthcare if he falls illHealth insurance is the type of insurance where a person pays a premium periodically to cover the medical costs in case of an illness, surgery or any other health related problems.
This is important because:
It protects the insured from unexpected medical emergenciesSome health services come at a subsidized rate for such personSome preventive measures are available at no cost, etcTherefore, one consequence of not having a health insurance is that any sudden medical emergency can catch a person unawares and he would not be able to afford treatment.
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It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
Which statement describes the effect of inflation?
A. Inflation does not affect the value of an object.
B. Inflation does not affect the cost of an object.
C. Inflation increases the cost of an object or decreases the value of
an object.
D. Inflation decreases the cost of an object or increases the value of
an object
Is it C?
Inflation is a decrease in the purchasing power of money, ... As a currency loses value, prices rise and it buys fewer goods and services
The statement that best describes the situation and the effect of inflation is the option C). Inflation increases the cost of an object or decreases the value of an object.
What is the effect of the inflation?Inflation refers to the general increase or rise in the prices of goods and services in an economy. It is the rate of increase in prices over a given period of time. It also lowers the values of pensions, savings, and Treasury notes.
Inflation played a very significant role in the development of any country as it effect it in both the negative and positive way. It raises the prices of both the goods and services, which lower down the purchasing power of the people.
Basically, it can be said that the Inflation occurs when there is a broad increase in the prices of the goods and services.
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what is the cost allocation method called that is used for natural resources?
Answer:
The process of allocating the cost of plant and equipment over the periods they are used to produce revenues is known as depreciation. For natural resources, this process is called depletion, and for intangible assets it is called amortization.
Tim and Rebecca just had a baby. They received money as baby gifts and want to put it away for the baby’s education. Which of the following is likely to have the highest growth over the next 18 years?
Tim and Rebecca just had a baby. They received money as baby gifts and want to put it away for the baby’s education. The stock has the highest growth over the next 18 years.
What does high-growth stock mean?Growth stocks are those businesses whose sales and earnings are anticipated to increase more quickly than the market as a whole. Growth stocks frequently have high P/E ratios and appear to be expensive, but if the company maintains its rapid growth, which will increase the share price, such valuations may actually be reasonable.
The first step in long-term financial planning for your child should be to either draught a will or make changes to the one you already have. Your will should specify what happens to your estate in addition to designating who will be your child's legal guardian in the event of your passing.
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which constraint does not allow someone to create an order for a nonexistent customer?
Answer:relational integrity constraint
Explanation:
money that has been spent and cannot be recovered is known as costs.
A sunk cost is money that has already been spent and cannot be recovered. In business, the axiom that one has to "spend money to make money" is reflected in the phenomenon of the sunk cost.
What is Sunk Cost?Sunk Costs are those costs that cannot be recovered by any means, i.e., money, once invested, is gone forever.
They should not be considered for making any future decisions like whether to continue the investment or not, as these costs cannot be recovered, and decisions should only be made based on relevant costs.
Sunk costs are considered fixed costs, but remember that all fixed costs are not considered sunk costs.
One simplest example of sunk cost is employees working on a probation period. You have paid a joining bonus to the probationer, but the results aren’t satisfactory, so you terminate the probation contract and fire the probationer from their job. The joining bonus is considered a sunk cost, as you won’t be seeing it again.
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Money that has been spent and cannot be recovered is known as sunk costs.
What is sunk costs?Sunk costs are sometimes called a retrospective cost, referring to an investment already incurred that can’t be recovered. Examples of sunk costs in business include marketing, research, new software installation or equipment, salaries and benefits, or facilities expenses. By comparison, opportunity costs are lost returns from resources that were invested elsewhere.
Economists suggest that, in theory, sunk costs are not relevant to future decision-making. In practice, however, sunk costs can and do significantly influence decisions about the future. This is largely because it’s psychologically challenging to let go of previously invested time, effort, or financial resources even if the outcome of those investments fails to meet expectations. A sunk cost refers to money that has already been spent and cannot be recovered.
A manufacturing firm, for example, may have a number of sunk costs, such as the cost of machinery, equipment, and the lease expense on the factory.
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what are the two ways a company can translate its low-cost advantage over rivals into attractive profit performance?
What is one way to set up an opportunity for job shadowing?Contact people you know and request a shadowing experience.Show up on the day you would like to shadow and request to shadow an employee.Post online that you are looking to shadow someone and wait for a reply.Go to work with a family member without contacting the organization first.
Answer:
A
Explanation:
Contact people you know and request a shadowing experience is one way to set up an opportunity for job shadowing.
You can ask your friends, family or contacts in the business to let you shadow them in order to arrange a job shadowing opportunity. Inform them of your desire to observe their work and inquire about scheduling a day or a few hours with them. Personal connections benefit this strategy, raising the likelihood of a favorable response.
It demonstrates your seriousness and respect for their time by being proactive and formal in your request. Avoid simply walking into an office without calling or relying solely on online posts as these strategies might not be effective and might be viewed as unprofessional. The secret to setting up a fruitful job shadowing opportunity is networking and making personal connections.
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Given information about the economy of Pakistan, calculate Pakistan's GDP. Note that the currency of Pakistan is the rupee. Assume that the values are all current and no conversions need to be made. The government spends 3.40 trillion rupees. Individuals consume 9.60 trillion rupees. Individuals save 5.01 trillion rupees. Businesses invest 1.40 trillion rupees. Foreigners invest 0.70 trillion rupees. Pakistan imports 2.33 trillion rupees. Pakistan exports 1.23 trillion rupees. Pakistan's GDP is _________ trillion rupees.
The Gross domestic product of Pakistan is 13.30 trillion rupees
The gross domestic product (GDP) of country is the total value of all the goods and services a country produces in a year.
GDP can be calculated using the expenditure approach. The expenditure approach entails adding the total amount spent by consumers, government and businesses in the production process.
GDP using the expenditure approach = amount spent by consumers + business investment + Government spending + (export - import)
9.60 + 3.40 + 1.40 + (1.23 - 2.33) =
9.60 + 3.40 + 1.40 -1.10 = 13.30 trillion rupees
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PLEASE HELP ME!!!!! I NEED HELP ASAP!!!!!
Step 1: Read the Scenario
You are currently employed as an administrative assistant for a technology company called GoldStar Technology in the San Francisco, California, area. You have been asked by the Human Resources director to create a slideshow presentation that will be presented at a new employee orientation. The topic of the presentation is related to professional and unprofessional behaviors in the workplace.
Step 2: Brainstorm Behaviors
Part A: Identify and write down 10–15 workplace behaviors.
Make a list, chart, or mind map, making sure you have about the same number of professional and unprofessional behaviors.
Part B: Search for images or memes that adequately represent each of the behaviors you’ve identified.
Collect the selected images in a file, as you will need them for your presentation.
Step 3: Create and Submit Your Presentation
Create a presentation comparing and contrasting professional and unprofessional workplace behaviors using slideshow presentation software.
Make sure that your presentation meets all of the following requirements:
Presentation includes a title slide and a minimum of 10 additional slides outlining the Dos and Don’ts of behaviors in the workplace.
Title slide contains the title of the presentation and your name.
Each slide contains a heading and a short description of the behavior as well as a meme or image representing the behavior.
There are at least 10 behaviors outlined in the presentation, with an equal balance of professional and unprofessional behaviors.
I don't need help with the slideshow part, I mainly need help with the dos and don'ts of office and workplace behavior. HELP!!!!!!! :(
in what year did starbucks serve its first caffè latte?
Answer:
1984
Explanation:
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Tasty Tangerine is currently selling 50,000 boxes for $25 per box. Variable cost per box is $17 and fixed costs total $260,000. A plan is being considered to spend $60,000 on advertising and reduce the selling price by $2 per box. Management believes the advertising along with the price reduction will increase sales volume by 24,000 boxes. If management's predictions are correct, making these changes will cause net income for the year to
Based on the changes,Tasty Tangerine's net income for the year will decrease by $16,000 from $140,000 to $124,000.
Data and Calculations:
Current sales unit = 50,000 boxes
Selling price per box = $25
Variable cost per box = $17
Total Fixed costs = $260,000
Contribution margin = $8 ($25 - $17)
Net income based on current sales plan = $140,000 ($8 x 50,000 - $260,000)New Plan's sales units = 74,000 boxes
Selling price per box = $23 ($25 - $2)
Variable cost per box = $17
Total Fixed costs = $320,000 ($260,000 + $60,000)
Contribution margin per box = $6 ($23 - $17)
Net income based on new plan = $124,000 ($6 x 74,000 - $320,000)Thus, the changes will cause Tasty's net income for the year to decrease by $16,000.
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with a variety of different brands, marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.
With a variety of different brands, Marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.
MarketingAccording to the given question, Marriott needs a strategy that would best help her provide her customers with accommodation based on their different needs.
The best type of strategy that Marriott needs to undertake would be a marketing strategy.
This is because, when she starts to market to her customers, then she would be able to know their various needs and serve them based on those needs.
Therefore, the correct answer is marketing
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Tari is a human resource manager at a software company. She receives a call from an HR manager at another software company asking about Misha, a software engineer who used to work at the company and has applied for a job at the caller's company. Tari checks the company's records and sees that a co-worker had accused Misha of racial discrimination, but an investigation did not turn up any evidence to support the charge. Misha left the company two months later, saying she was no longer comfortable there. Tari is concerned about sharing the details of this situation with the caller. If telling the information to the caller leads to the other company not hiring Misha, what potentially unlawful behavior could Misha accuse the company of engaging in
The potentially unlawful behavior that Misha could accuse the company of engaging is Defamation or Misrepresentation
Defamation occur when a person give out wrong information or misleading information about another person that may damage the reputation of the person.
Based on the give scenario there was no any form of evidence to support the charge that Misha was a racial discriminatory.
Which means that if Tari shared what transpired with the caller it my damaged Misha reputation which will inturn may affect her career.
Assuming Tari later explained what transpired to the caller which leads to the other company not hiring Mirah it means Tari has engaged in unlawful behavior of tarnishing Misha reputation hence, Misha could accuse the company of engaging in defamation of character.
Inconclusion The potentially unlawful behavior that Misha could accuse the company of engaging is Defamation or Misrepresentation.
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Explain why the more education a person has, the more money they make.
(Answers should include the screening effect and the learning effect.)
Answer:
because. a more educated person have a good profession and by that they can earn a good sources of money
Answer:
a more educated person have a good profession and by that they can earn a good sources of money
Explanation:
ms. frankel knows each and every child who comes to her art program and prides herself on knowing how she can personally address each of their artistic strengths. what type of market coverage strategy is ms. frankel employing in her business?
Answer:
micromarketing
Explanation:
In reaching the desired customers in business, several strategies can be applied. The type of market coverage strategy that is used when Ms. Frankel knows each and every child who comes to her art program and also knows how she can personally address each of their artistic strengths is:
MicromarketingIn micromarketing, businesses segment their target customers into niches that they can study to understand their behavioral patterns and thus tailor their activities to their needs.
This is what Ms. Frankel hopes to achieve when she studies each child that comes to her art class to understand their needs.
Summarily, micromarketing was used by Ms. Frankel.
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the u.s market is large but many other countries have what advantage over the us
Explanation:
faster growth?? uhm is this a answer chose.
the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be
Answer: The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be debit Accounts Payable; credit Notes Payable.
Explanation:
the journal entry to record the issuance of a note for the purpose of converting an existing account payable will have Accounts Payable as well as Notes Payable.
What is a journal entry?A journal entry is an act of recording any action, whether one that is economic or not. Multiple observations, which are each otherwise a debit or a positive, may be included in the diary entry.
The information necessary to record a single business arrangement is contained in a journal entry, which also includes the date, the sum to be credited , debited, a short explanation of the operation, and the accounts involved.
The entry must result in increased with in Note Payable liability as well as a reduction inside the Accounts Payable liability. Debit Account Receivables; credit Notes Payable is really the journal entry that a business use to document the issuing of a comment for the objective of transforming any existing account payable.
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the group of consumers most likely to purchase a particular product are called a
Answer:
A target market.
Explanation:
The group of consumers most likely to purchase a particular product is called the target market.
What is a target market?A target market is a group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, and lifestyle.
Identifying the target market is a key part of the decision-making process when a company designs, packages, and advertises its product. A new product must satisfy a need or solve a problem, or both. That need or problem is probably not universal unless it reaches the level of indoor plumbing. More likely, it is needed by a subset of consumers, such as environmentally-conscious vegetarians, or science nerds, or outdoor enthusiasts. It may appeal to a teenager or a middle-aged professional, a bargain-hunter or a snob.
The target market also can inform a product's specifications, packaging, and distribution.
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