Some of the steps in creating a company include:
Selecting a unique name.Making a financial plan and creation of a budget.Creation of vision and mission statement.Registration of the company with the government.The advertising for the company would have to target an audience based on either demographics or income range or on the type of jobs they do that would require them to use your product.
The use of a marketing mix which includes the price, promotion, place, product, and people would be to make the best pricing available and also be in a strategic location, meeting the demand of people's needs.
What is Advertising?This refers to the creation of public awareness for a particular brand of products or services to get them to buy.
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Having the authority to define their own tasks makes it likely that workers will ______. a. be less satisfied b. abandon tasks c. be more productive d. expand lunch hours please select the best answer from the choices provided a b c d
When authority is given the role to define their own tasks, this makes it likely that workers will be more productive.
What is definition of tasks?In a formal setting, this means the role of independently setting the function of the subordinates under the hierarchy of an authority.
The likely outcome of when authority is given the role to define their own tasks is that the workers will be more productive.
Therefore, the Option C is correct.
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A decrease in consumer confidence can put your job at risk if Group of answer choices aggregate expenditures fall. consumers expect their incomes to rise in the future. aggregate expenditures rise. consumers expect firms to increase investment in the future.
A decrease in consumer confidence can put your job at risk if consumers expect their incomes to rise in the future.
What is consumer confidence?consumer confidence serves as an economic indicator which measures the degree of optimism as regards the consumers and overall state of a country's economy.
Therefore, consumer confidence can your job at risk if consumers expect their incomes to rise in the future and it doesn't rise.
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Taylor Swift Corporation purchases a patent from Salmon Company on January 1, 2020, for $54,000. The patent has a remaining legal life of 16 years. Taylor Swift feels the patent will be useful for 10 years. Prepare Taylor Swift's journal entries to record the purchase of the patent and 2020 amortization. Assume that at January 1, 2019, the carrying amount of the patent on Taylor Swift's books is $43, 200. In January, Taylor Swift spends $24,000 successfully defending a patent suit. Taylor Swift still feels the patent will be useful until the end of 2026. Prepare the journal entries to record the $24,000 expenditure and 2019 amortization.
A) The journal entries to record the purchase of the patent and its 2020 amortization for Taylor Swift are as follows:
January 1, 2020 Debit Patent $54,000
Credit Cash $54,000
To record the purchase of the patent.December 31, 2020
Debit Patent Amortization Expense $5,400
Credit Accumulated Amortization $5,400 ($54,000/10)
To record the amortization expense for the year.B) The journal entries to record the $24,000 expenditure and 2019 amortization for Taylor Swift are as follows:
January 1, 2020 Debit Patent $24,000
Debit Cash $24,000
December 31, 2020 Debit Patent Amortization Expense $6,720
Debit Accumulated Amortization $6,720
Data and Calculations:A) Cost of patent = $54,000
Estimated useful life = 10 years
B) Carrying value of patent = $43,200
Cost of defending patent = $24,000
Transaction Analysis:A) January 1, 2020 Patent $54,000 Cash $54,000
December 31, 2020 Patent Amortization Expense $5,400 Accumulated Amortization $5,400 ($54,000/10)
B) January 1, 2020 Patent $24,000 Cash $24,000
December 31, 2020 Patent Amortization Expense $6,720 Accumulated Amortization $6,720 ($43,200 + $24,000/10)
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Answer:
Her journal entries in 2020 would be Folklore & Evermore Lyrics
Explanation:
yes
Retailers provide value to product manufacturers by:.
Answer:
allowing manufacturers to focus on product development and production.
Explanation:
Hope it helps.
Which three sources supply the majority of commercial energy in the world today?.
Answer:
Coal, oil, and natural gas
Explanation:
Q Internal Cost Social Cost P 100 $40 $60 $80 200 $50 $70 $70 300 $60 $80 $60 400 $70 $90 $50 500 $80 $100 $40 600 $90 $110 $30 The market equilibrium occurs where price is ________ and quantity is ________.
Based on the table, we can infer that the equilibrium price for the market would be $60 and the equilibrium quantity would be 300 units.
Where does the market equilibrium occur?The market equilibrium would be at the point where the internal cost is equal to the price.
This point as shown on the table, is when the internal cost is $60.
The quantity at this point is 300 units which makes it the equilibrium quantity with a price of $60.
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5.01 Four Types of Utility Marketing Worksheet All four types of utility must be present for consumers to be satisfied; none of them can be overlooked. Students will list 10 diverse types of products/services. Provide an example of each utility for the product/service.
Answer:
20.
37. 42 is the answer
Explanation:
Which three ideas are true in a basic research study? (Select all that apply.)
research expands knowledge
research is for a specific problem
research is aimed at the future
research finds new opportunities
Answer:
research finds new opportunities
research is aimed at the future
research expands knowledge
Explanation:
Consider what you already know about saving. What are some reasons you should be intentional about saving money? In other words, what should you save for?
The reasons you should be intentional about saving money is that one may not know when bad or sudden offer will com and as such saved money will help to solve the issue.
What are some reasons you should be intentional save money?There are a lot of reasons to save Money as it is one of the way to Motivate you to start a new adventure. Others are:
Saving help to give a person freedom. Saving gives financial security. Saving implies that one can take any calculated risks.Learn more about saving from
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Economist Mancur Olson argued that _____ is more rational (when someone receives benefits without doing the work or paying dues). We can all enjoy clean air without being a member of an environmental group. He believes that providing incentives is the only way for membership in interest groups to flourish.
Economist Mancur Olson argued that Collective Action is more rational (when someone receives benefits without doing the work or paying dues).
What is the Logic of Collective Action?The Logic of Collective Action is an argument stating that individuals in groups try to act collectively because of the motive of enjoying as free passengers at the expense of others unless the group creates common rewards that demand individual participation.
This argument was enunciated by Economist Mancur Olson in his book, "The Logic of Collective Action," 1965.
Thus, Economist Mancur Olson argued that the Logic of Collective Action is more rational (when someone receives benefits without doing the work or paying dues).
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Stockholders’ equity consists of which of the following? Multiple Choice Long-term assets. Paid-in (or contributed) capital and retained earnings. Paid-in (or contributed) capital and par value. Retained earnings and cash. Premiums and discounts.
Stockholders’ equity consists of B. Paid-in (or contributed) capital and retained earnings.
What is stockholders' equity?The stockholders' equity can be computed as the addition of Paid-up capital, Additional Paid-in Capital, Retained Earnings, and minus Treasury Stock.
Alternatively, it can be computed as the difference between total assets and total liabilities.
Thus, Stockholders’ equity consists of B. Paid-in (or contributed) capital and retained earnings.
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The ease with which an asset can be converted quickly into cash, with little or no loss of purchasing power, is called what?.
Answer:liquidy
Explanation:
Answer:
Liquidity
Explanation:
I NEED HELP!!!!!!!!!!!!!!!!!!
Answer:
I am not home, I'm at church service will return home on Tuesday
Regional Freight LLC delivers a receipt issued by Storage Warehouse for goods stored in its facility to Transnational Inc., a buyer of the goods. This is
A warehouse receipt is the name of receipt that is delivered by Regional Freight LLC to Transnational Inc, which is issued by Storage Warehouse for goods stored in its facility.
What is a warehouse receipt?It is a document that in used in warehouse to guarantee the quantity/quality of a product being stored within their approved facility.
Therefore, this is the receipt that is delivered by Regional Freight LLC to Transnational Inc to prove the condition of the stored goods.
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A pay-for-performance plan in which employees are paid according to their productivity is referred to as
A pay-for-performance plan in which employees are paid according to their productivity is referred to as piece rate.
What is piece rate?Piece rate can be defined as the process in which employee are being paid based on the number of product produced by the employee.
Some companies or employer tend to make use of piece rate pay by paying their employee based on the quantity of goods the company manufacture on a daily basis.
Inconclusion a pay-for-performance plan in which employees are paid according to their productivity is referred to as piece rate.
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The process whereby union and management representatives negotiate a contract for workers is called:.
The process whereby union and management representatives negotiate a contract for workers is called Collective bargaining
What is Bargaining?This refers to the negotiation between different parties where they discuss an outcome in order to arrive at a compromise that would suit all parties involved.
Hence, we can see that because there is a negotiation between both the union and management representatives negotiate a contract for workers to better their lives, this is known as collective bargaining.
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Why does an inverted yield curve serve as a predictor of a recession?.
During the administration of George W. Bush, many conservatives supported tax cuts because they believed that depriving the government of tax revenues would
Many conservatives supported tax cuts because they believed that depriving the government of tax revenues would lead to economic growth.
What is Economic growth?This is defined as the increase in the production of economic goods and services at a given time.
The conservatives thought depriving the government of tax revenues would lead to employment and economic growth which wasn't the case.
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To _____________ is to use the control function that evaluates business operations against some norm.
Budgetary control is the utilization of control function which evaluates business operations against some norm.
What is Budgetary control?Budgetary control can be describes as the financial term used in describing the managing income as well as expenditure.
Therefore, Budgetary control compares
actual income as well as expenditure to planned income.
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Which manufacturing company has the comparative advantage for car parts? company a company b company c company d
The company C that produces at $10 Per hour and $10 per hour respectively is the company that has the comparative advantage for prodution of car parts.
What is a comparative advantage?A comparative advantage refers to an advantage possessed by a firm who spend lesser than it's rivals on production.
Hence, the company C that produces at $10 Per hour and $10 per hour respectively is the company that has the comparative advantage for prodution of car parts
Therefore, the Option D is correct.
Missing word "Manufacturing Company Truck Parts Car Parts
Company A 10 per hr. 20 per hr.
Company B 10 per hr. 25 per hr.
Company C 15 per hr. 15 per hr.
Company D 20 per hr. 25 per hr.
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Answer:
Company B has the advantage for more car parts
Explanation:
Just took the test :)
When is it most beneficial and appropriate for a retailer to use a distribution center?.
The retailer can carry less inventory in each store thanks to distribution centres. Retailers' systemwide inventory investments are lowered as a result.
A distribution center is what?A warehouse or other specialised building that is stocked with goods to be redistributed to retailers, wholesalers, or directly to consumers is referred to as a distribution centre for a set of products. Distribution centres frequently have refrigeration or air conditioning. The order processing component of the entire order fulfilment process is handled by a distribution centre, which is a key component. The typical perception of distribution centres is that they are demand-driven. A warehouse, a distribution centre, a fulfilment centre, a cross-dock facility, a bulk break centre, and a package handling centre are additional names for this type of facility.
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Activity 19.5: comparing costs between two businesses
the following cost data has been collected from two shoe manufacturing companies
company a
company b
annual output - pairs of shoes
20 000
700 000
variable cost per pair of shoes
$4
$2.50
annual fixed costs
$120000
$2,1m
a calculate the total annual cost of manufacturing shoes for both businesses
b calculate the average cost per unit (pair of shoes)
than for company a.
d explain two benefits gained by company b as a result of lower average cost (cost per
unit)
a) The computation of the total annual costs of manufacturing shoes for both businesses is as follows:
Company A Company B
Annual fixed costs $120,000 $2.1 million
Total variable costs $80,000 $1,750,000
Total costs $200,000 $3,850,000
b) The computation of the average cost per unit (pair of shoes) for Company A is $10 ($200,000/20,000).
c) The computation of the average cost per unit (pair of shoes) for Company B is $5.50 ($3,850,000/700,000).
d) The two benefits gained by Company B as a result of lower average cost (cost per unit) are:
It can produce and sell more units than Company A.It makes more profits than Company A, especially if the selling price is the same for both companies.What is the cost of production?The cost of production is made up of two elements: variable and fixed costs.
The variable element depends on the units of production. The fixed element of the production cost is a period cost that does not vary within a relevant range.
Data and Calculations:Company A Company B
Annual output 20,000 700,000
Variable cost per pair $4.00 $2.50
Annual fixed costs $120,000 $2.1 million
Total variable costs $80,000 $1,750,000
Total costs $200,000 $3,850,000
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Firms earning a loss will sometimes shut down in the short run. What quantity will the firm produce if it shuts down in the short run?.
The number of units that would be produced by the firm if it shut down is zero units.
When would a firm shut down?
A firm shuts down in the short run when average variable cost is greater than the price. When the firm shuts down, zero unit of output would be produced.
The short run is a period when at least one factor of production is fixed. When a firm shuts down, no revenue is earned by the firm incurs fixed cost.
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Marketing goods and services to the B2B market relies more heavily on advertising than marketing efforts aimed toward the consumer market. True False
This statement "Marketing goods and services to the B2B market relies heavily on advertising than marketing efforts aimed toward the consumer market" is:True.
What is B2B marketing?B2B marketing which full meaning is business to business marketing can be defined as the process in which business owners tend to focus on selling their products or goods to other businesses rather than their customers.
Based on this, companies or business owners prefers to advertise their goods and service to other business owners so as to make profit or generate revenue.
Inconclusion the statement is true.
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Yolanda, an account manager, sets her own work schedule and decides which tasks are priorities that will help meet her goals. Yolanda’s job has a high level of autonomy.
This is true because Yolanda's organization gives her a high level of job autonomy by allowing her sets her own work schedule and decides which tasks are priorities that will help meet her goals.
What is job autonomy?Job autonomy in management is when employees in an organization are allowed great deal of freedom to make choices in the work place.
A manager who grants an employee autonomy generally outlines the goal of a project but allows the employee to decide the best way to achieve that goal.
Hence, this is true because Yolanda's organization gives her a high level of job autonomy by allowing her sets her own work schedule and decides which tasks are priorities that will help meet her goals.
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Using the 7/70 method, a person with an $80,000 annual income should purchase how much life insurance?.
Answer:
$80,000, So, the amount of life insurance that should be bought is: = ($80,000 × 70%) × 7 = ($80,000 × 0.7) × 7 = $56,000 × 7!
Explanation:
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What is it called when advertising reaches people who are not part of the target market and are not potential customers
When advertising reaches people who are not part of the target market and are not potential customers. This is called waste coverage.
What is waste coverage?Waste coverage can be defined as the way in which an advert reach people who the advert was not target at.
This type of advert is classified as waste coverage because the advert is not meant for the people or population that saw the target simply because advert coverage exceeded the buyer which the advert was target at.
Therefore when advertising reaches people who are not part of the target market and are not potential customers. This is called waste coverage.
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Since 2007, FedEx has contributed millions to the PGA Tour, and as its most lucrative donor, an event is named after the company. This is an example of
An example of a sponsorship is illustrated when FedEx contributed millions to the PGA Tour which makes its the most lucrative donor for the tour.
What is a sponsorship?This is a act of committing resources to a nonprofit event in exchange for specific promotional benefits.
Most time, they are often in financial support from businesses who wants to sponsor events, trade shows, groups, charity etc.
Therefore, the example of a sponsorship is illustrated when FedEx contributed millions to the PGA Tour.
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When an industry is a natural monopoly, a. it is characterized by constant returns to scale. b. it is characterized by diseconomies of scale. c. a larger number of firms may lead to a lower average cost.
When an industry is a natural monopoly, A. it is characterized by constant returns to scale.
A natural monopoly arises from high start-up costs or long economies of scale, and barriers to entry.
A natural monopoly is known for these characteristics:
It is naturally occurring.It has extraordinarily large fixed costs.The marginal costs are low.It has powerful economies of scale.Competition is Undesirable.Thus, when an industry is a natural monopoly, A. it is characterized by constant returns to scale.
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Why did industrialization lead to the expansion of systems of formal education?.