In project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of the closing process.
What is Management?
This refers to the overseeing and supervision of people working under a person to achieve a common goal.
Hence, we can see that in project procurement management, obtaining seller responses, selecting sellers, and awarding contracts is part of a business process which is known as the closing process.
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Bookmark question for later Which of the following is not one of the seven rights of an empowerment culture? a. Communicate the right expectations b. Provide the right training c. Measure the right things d. Demand the right behavior e. Give employees the right opportunity f. None of the above; i.e., they are all elements of an empowerment culture
The Demand the right behavior is not one of the seven rights of an empowerment culture
What is empowerment culture?Empowerment culture can be defined as the rules and regulation that is used to govern a company including their policy, value and norms.
Empowerment culture is important as it enables employee to know and understand the culture of the organization they work for as well as the goals and objective of the organization.
Therefore the Demand the right behavior is not one of the seven rights of an empowerment culture
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A student is considering adding a minor to her degree. The additional courses would cost $1,500 but would allow additional income upon graduation of $10,000. The incremental income related to this decision is:
Based on the additional income that the student will get at graduation and the cost of the courses, the incremental income here is $8,500.
What is the incremental income?The is the additional income that we gain from pursuing a course of action, less the costs of that action.
In this case, the incremental income will be:
= Additional income - additional cost
= 10,000 - 1,500
= $8,500
In conclusion, the incremental income is $8,500.
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Answer:
8500
Explanation:
If the price elasticity of supply for pickles is 2 and the price of pickles increases by 10 percent, then the quantity supplied of pickles will increase by
If the price of pickles increases by 10 percent, then the quantity supplied of pickles will increase by 20%.
Increase in quantity suppliedUsing this formula
Increase in quantity supplied=Price elasticity of supply for pickle×Increase in price of pickles
Let plug in the formula
Increase in quantity supplied=2×10%
Increase in quantity supplied=20%
Therefore If the price of pickles increases by 10 percent, then the quantity supplied of pickles will increase by 20%.
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What encompasses all organizational data, and its primary purpose is to support the performing of managerial analysis tasks
Answer:
It would be the microorganism
Explanation:
This is because the most and part most outer shell of it is very hard knowing that we can solve the problem y=m+b
The microorganism encompasses all organizational data, and its primary purpose is to support the performing of managerial analysis tasks.
What is the organizational data?Organizational data are commonly referred to as demographic or firm demographic data, is information about the basic traits, operations, and structures of organizations.
Organizations can set baselines, benchmarks, and targets using good data in order to keep moving forward. A person can build baselines, find benchmarks, and set performance goals because data enables measurement.
All organizational data is included in the microbe, which exists primarily to help the accomplishment of managerial analysis tasks. Organizations can set baselines, benchmarks, and targets using good data in order to keep moving forward.
Therefore, The microorganism encompasses all organizational data, and its primary purpose is to aid in the performance of managerial analysis tasks.
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2. Give at least two examples of types of identity theft.
Answer:
Two examples of identity theft:
1. Dressing like a coworker to give the impression that you are them.
2. Talking like a coworker to give the impression that you are them.
Explanation:
Think about the last purchase you made at a store. Did you know that when you made that purchase, you actually helped the economy to grow? How did your purchase do that?
Answer:
See below
Explanation:
By making that purchase, the industry you paid to made a profit. Profit helps countries to increase their GDP, therefore the economy has grown.
Answer:
The store owner used the money earned from the purchase to pay wages to the store’s employees. Those employees then bought other goods and services. When they paid for those items, that store in turn paid its employees, and so the cycle continues.
Explanation:
edmentum
How many district courts are in the federal system?.
In order to gauge attitudes about reports that its beef was barely meat, Taco Bell encouraged consumers to call a toll-free phone line and leave feedback. Taco Bell used _____ to measure public attitude.
By encouraging consumers to call a toll-free phone line and leave feedback about their products, Taco Bell used opinion sampling to gauge public attitude.
What are the advantages of opinion sampling?Through this telephone survey technique, TacoBell achieves faster completion of the survey, as well as being a more flexible and emotional method of identifying public attitudes.
Therefore, an opinion sampling is an effective way for a company to identify the perception in relation to its products and services, as well as to strengthen the relationship with the consumer.
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The earnings gap in the U.S. labor market between black and white workers ___________ in the 1960s and 1970s, but, since 1980, the gap __________.
In the 1960s and the 1970s, the earnings gap between Black and White workers fell substantially. However, since 1980, it has pretty much remained the same.
Is there a gap between earnings of White and Black workers?There has always been a gap between the amounts paid to Black and White workers but this gap fell significantly in the 1960s and the 1970s.
Since the 1980s however, the gap has not moved by much which is why White workers still earn more on average.
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Given the following, compute the standard cost per widget. Direct materials per unit 4 pounds Direct material cost $1.25 per pound Direct labor per unit 1.5 hours Direct labor rate $10.00 per hour Variable overhead rate $4.00 per hour Multiple choice question. $11.00 $21.00 $26.00 $20.00
The standard cost per widget if Direct materials per unit 4 pounds and Direct material cost $1.25 per pound is: $26.00.
Standard cost per weightUsing this formula
Standard cost per weight=Materials+ Labor+ Overhead
Let plug in the formula
Standard cost per weight= (4 pounds × $1.25) + (1.5 hours × $10.00) +(1.5 hours × $4.00)
Standard cost per weight=$5+$15+$6
Standard cost per weight=$26
Therefore the standard cost per widget if Direct materials per unit 4 pounds and Direct material cost $1.25 per pound is: $26.00.
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Sayre enterprises has a defined-benefit pension plan covering its 50 employees. in 2020, an amendment to the pension benefits caused an increase of $2,400,000 to the projected benefit obligation. sayre expects 20% of their employees to retire or quit at the end of each of the next 5 years. assuming that sayre uses the years-of-service method of amortization for prior service cost, what amount should they report as amortization of prior service cost in year one of the amendment?
Assuming the employee quit at the end of each of the next 5 years. The amount they should report as amortization of prior service cost in year one of the amendment is $800,000.
Amortization of prior service costFirst step is to calculate the number of employee for 5 years
Employee=50 + 40 + 30 + 20 + 10
Employee= 150
Now let calculate Amortization of prior service cost
Amortization of prior service cost=($2,400,000 ÷ 150 employee)×50 Employee
Amortization of prior service cost=$16,000×50 employee
Amortization of prior service cost=$800,000
Inconclusion the amount they should report as amortization of prior service cost in year one of the amendment is $800,000.
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What is the difference between position management and job management.
The difference between position management and job management lies in the fact that;
In Position Management, a position is created for each new employee/opening while In Job Management, no positions are necessary in order to create a job requisition.Staffing ModelsConventionally, there are two types of staffing models:
Position Management and Job Management.In Position Management, it is necessary that a position is created for each new employee/opening. In such cases, reports show open positions and vacancy rates.
However, In Job Management, no positions are needed in order to create a job requisition.
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Your client, bruno, is an investor. he is in the process of selling a fourplex and mentions to you that he hates the idea of the capital gains tax he'll be subject to. what should you tell him
I will tell him to consider a 1031 tax-deferred exchange as he hates the idea of the capital gains tax that will be imposed on his sales of his fourplex.
What is a capital gains tax?These is a type of tax that is owed on profits made from the sale of most investments if they are held for at least one year.
In conclusion, because bruno dislikes the idea of the capital gains tax that will be imposed on his sales of his fourplex, then, i will tell him to consider a 1031 tax-deferred exchange.
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The phenomena that the variability in order quantities tend to increase as you proceed upstream in the supply chain is referred to as the:.
Answer:
Bullwhip effect
Explanation:
Alec just received his Florida broker license. Assuming the Real Estate Recovery Fund balance is at $400,000, how much of his license fee went into the fund
The amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is $3.50.
The real estate license fee in Florida costs $83.75. This amount is paid to the Florida Real Estate Commission (FREC).
FREC is the government office regulating real estate education and licensure in Florida. FREC is under the supervision of the Florida Department of Business and Professional Regulation (DBPR).
License fees of $3.50 are imposed as soon as the Real Estate Recovery Fund drops below $500,000.
Thus, the amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is $3.50.
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Lisa works for an advertising agency and has presented her client with ideas for new commercials. After the presentation Lisa asks for ________ to determine if the clients correctly understood her message.
In order to find out if her clients understood her message, Lars must have asked for feedback.
What is the point of feedback?Feedback is based on the knowledge that a person acquires during a presentation or lesson.
When the presenter asks for feedback, the only way that the listeners can give them this information is if they were listening to the presentation which serves as evidence that they understood.
This is was Lars was going for so this is feedback.
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How does your new budget help you to meet your long-term goal of saving for college?
Answer:
You may reach your long-term goals quicker by putting your cash into a savings account or certificate of deposit with a high interest rate, or by investing, especially if you don’t plan to use this money for at least five years — say you’re starting a college fund for your newborn. That way you’ll allow time to build up a positive return.
Explanation:
Why do you think that decorum and business etiquette play as essential components of business ethics and social responsibility
Proper decorum and good business etiquettes are essential components of business ethics and social responsibility because they:
Create a professional atmosphereImprove communicationMake a workplace productiveEnhance workers' respect and dignityImprove customer and suppliers relationships.What are business ethics and social responsibility?Business ethics deal with the appropriate business policies and practices that ensure the observance of ethical principles. They ensure that moral or ethical problems do not arise in a business environment.
Social responsibility refers to the cooperation that should exist among individuals and organizations for the benefit of the community.
Thus, Proper decorum and good business etiquettes remain essential components of business ethics and social responsibility.
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According to the national institute for occupational safety and health, how many united states employees feel stressed at work?.
The national institute indicated that about 40% of U.S. workers feel stressed at work.
What is a job stress?This refers to any harmful physical and emotional responses that occur when the requirements of the job do not correspond with the resources or need of the worker.
These job stress have a tendency to result to bad mental health, risk of anxiety, burnout, depression etc.
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Keith has set up a new burger joint in his locality. He is planning on introducing craft beers and milkshakes to the existing menu. Thus, the customers who visit his joint will have a range of options to choose from. This scenario exemplifies ________.
An identification of substitutes is done by Keith as he introducing new items to the existing menu so that customer will have ranges to choode from.
What is an identification of substitutes?This is a process whereby a seller plans to add some product that serves as subtitutes tp existing product.
Therefore, the identifying of substitutes is done by Keith as he introducing new items to the existing menu.
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advise businesses on the difference between the public sector and private sector
what are the branches of business studies
Answer:
Essential branches of business are : Accounting. Finance. Business Administration and Management. Marketing. International Business. Business Communications. Real Estate. Human Resources Management.
Explanation:
Business Studies is a vast field comprising over two dozen branches. Business studies may be considered a single branch, but it comprises many aspects.
Business studies has its roots spread over business, management, and economics. Various branches like accountancy, finance, marketing, organizational studies, human resource management, and operations are the pillars of business studies. The academic perception of business studies is business teaching. It is prevalent in countries like South Korea, Canada, Hong Kong, etc.
Majors are available in many subjects. Under the wide spectrum of business studies, majors are common in human resources, economics, finance, etc.
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As a part of a human resource planning process, managers reviewed data regarding the knowledge and skills of all current employees as well as a profile of characteristics available in the external market. The managers are engaging in
The managers are engaging in C) supply forecasting.
What is employee supply forecasting?Supply forecasting in human resource management refers to the estimation of the supply of human resources.
Supply forecasting takes into consideration the analysis of current human resources inventory and future availability in the external market.
Answer Options:A) demand forecasting.
B) insourcing.
C) supply forecasting.
D) simulations.
E) recruitment.
Thus, the managers, who reviewed data about the knowledge and skills of all current employees and a profile of characteristics in the external market, are engaging in C) supply forecasting.
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Commercial banks and investment banks offer the same services and are very competitive in landing new customers?
true
or
false
The statement "Commercial banks and investment banks offer the same services and are very competitive in landing new customers" is: False.
What is commercial bank and investment bank?A commercial bank is a financial institution that enables account holders to carryout transaction such as applying for loans, deposit, withdrawal etc.
While investment bank on the other hand rendered service to investors corporate and as well deals in buying and selling of bonds.
Commercial bank and investment banks does not provide or rendered the same service.
Inconclusion the statement is false.
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Fiscal policy that focuses on shifting the long-run aggregate supply curve to the right is _____ policy. contractionary mandatory fiscal aggregate shifts supply-side fiscal
Fiscal policy that focuses on shifting the long-run aggregate supply curve to the right is: supply-side fiscal policy.
What is supply-side fiscal policy?Supply-side fiscal policy can be defined as the type of policy which state that when their is increase in aggregate supply or increase in the amount of goods or products supply it will lead to increase a country efficiency.
Although the issue with supply-side fiscal policies is that it often take a while to work compare to demand-side fiscal policies.
Inconclusion Fiscal policy that focuses on shifting the long-run aggregate supply curve to the right is: supply-side fiscal policy.
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What kind of warranty is often offered not through the manufacturer but instead through a third party? a. manufacturer’s warranty b. extended warranty c. full warranty d. limited warranty
Extended warranties are policies that extend the warranty period for consumer goods in excess of what is provided by the manufacturer.
What do you mean by extended warranty?An extended warranty is the service insurance or contract that is offered to any individual apart from the standard warranty as an addition.
It acts as a warranty that can run for a longer period of time than is offered by a third party.
This warrant costs extra besides the normal warranty that is provided for any unpredictable and expensive repairing work.
It provides a warranty to cars, bikes, and many more which can be purchased by the consumer as per their will.
Thus, an extended warranty is a warranty that is often offered not through the manufacturer but instead through a third party.Option B is the correct answer.
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The other person is correct. The answer is B: extended warranty.
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A career path that involves horizontal movement within or across organizations is referred to as a(n) _____.
When a person moves horizontally within or across organizations, this is called a horizontal career growth.
What is a horizontal career growth?This is when someone moves across job titles from one company to another or within the same company.
It is called a horizontal move because the person will still be at the same job level that they were at the job they moved from.
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How can I benefit from taxes?
Answer:
We pay taxes to the government as a way to pay for our daily life. Taxes can let you get credits on your health insurance, having safe roads, free public education and etc.
Explanation:
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Molly has a $2500 down payment saved for this purchase, and the dealer’s $1500 Cash Allowance will come straight off her total. How much loan does Molly need?
Molly selected the Latitude trim for her Patriot SUV and the total purchase price used for this example = $25,495.
Since Molly has $2,500 for a down payment, but $1,500 are needed to pay for expenses related to the car dealer, she will need to borrow = purchase price + dealer's cash allowance - Molly's down payment = $25,495 + $1,500 - $2,500 = $24,495
How much will Molly’s monthly payment be?
If she has a $2500 down payment saved and the dealer’s is $1500. Loan needed is $21,495 and monthly payment is $597.08.
Molly’s loan needed and monthly paymentMolly loan:
Molly Loan needed =$25,495-$2,500-$1,500
Molly loan needed=$21,495
Molly’s monthly payment:
Molly’s monthly payment =$21,495/36 months
Molly’s monthly payment=$597.08
Therefore Loan needed is $21,495 and monthly payment is $597.08.
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What does a company do during the post-IPO stage?
a)uses proceeds to expand
b)sells stock to the public
c)files paperwork with the government
d)seeks financing from an angel investor
Answer:
A.Uses proceeds to expand.
Explanation:
Which factor would be most likely to lead to an unsuccessful IPO?