It is FALSE to state that the cost-based differential advantage is the hardest differential advantage to regain once it is lost.
What is cost-based differential advantage?A company's differential advantage is a culmination of the unique value proposition or traits that it has which differentiates it form the competition as viewed by the market.
The cost-based advantage means that the company is able to operate at a lower cost then the competition hence, possessing an edge in:
Final Unit pricesAdvantage with respect to bottom line leverage etc.How can a company easily lower or regain cost-based advantage?With proper management and internal controls relating to purchases, procurement, budgeting and planning, a company may be able to achieve an efficient cost based system.
When a good brand advantage has been damaged however, it is much more difficult to reclaim than a cost-based advantage.
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According to the service quality dimensions, where should kate focus to improve customer experience?
According to the service quality dimensions, kate should focus to improve customer experience in
The following five factors affect service quality:
1. Reliability
This relates to a company's capability and consistency in providing a certain service in a way that meets the demands of its clients. The delivery or execution of the item or service, prompt and accurate issue resolution, and competitive pricing are all parts of this process. Customers anticipate a certain level of dependability when they purchase a certain product, and a business' success often on its capacity to fulfil those demands.
2. Tangibility
This is the capacity of an organization to convey service excellence to its clients. A company's very physical quality may be attributed to a variety of elements, including the aesthetics of its headquarters, the look and behaviour of its personnel, the materials used for marketing, and the level of customer service department.
3. Empathy
The manner a business provides its services so that it appears sympathetic to the needs and wants of its clients is known as empathy. A client is more likely to remain loyal to a business if they feel that it genuinely cares about their well-being.
4. Responsiveness
This demonstrates a business' commitment to and capacity for offering quick services to clients. Responding quickly to client requests, comments, questions, and concerns entails being responsive to such requests, questions, and difficulties. Customer communications are always responded to as fast as possible by a business with good service quality, which is frequently a sign of how much importance the business focuses on client happiness.
5. Assurance
Customers' confidence and trust in a certain business is referred to as assurance. This is crucial when a customer is using services There must be some level of faith in the servicing organization's capacity to offer what the customer might see as being above their capacity to comprehend and appropriately assess. If a company wants to keep its consumers, its personnel must be conscious of gaining their trust.
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a company received $5,000 cash when it issued stock certificates to shareholders. the increase in cash would be recorded with a to the cash account.
A company received $5,000 cash when it issued stock certificates to shareholders. the increase in cash would be recorded with a debit to the cash account.
What is the appropriate entries for stock issuance
Issuing stock for cash means that the company is selling its stocks to investors or existing shareholders which necessitates issuing stocks to them to show that are now part owners of the company such that the investors pay cash to the company for the stocks received.
The impact of this transaction on the balance sheet is that cash received from investors would increase the cash balance under the current asset heading of the balance sheet and the common stock account would also rise by the amount of new common stocks issued, in other words, the increase in asset is the same as the increase in stockholder's equity.
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How can high-tech collection of performance data be done consistently with the basic human rights upheld by the u.s. constitution, such as the rights of free speech and due process?
The established announcement of Human Rights was followed by way of the United countries standard assembly 70 years ago subsequent yr. The announcement is a groundbreaking agreement that affirms individual individuals' rights, together with the proper to be freed from discrimination, the proper education, and the right to live in a free and world, among others.
The Fourth Business Transformation is a technological revolution this is changing the way we stay, work, and interact with one another. It also has the functionality of each challenging and protecting human rights.
AI and automation are changing the worldwide activity market and having an effect on the proper honest and first-rate work. specialists predict that through 2020, 85 percent of all purchaser interactions could be treated without the assistance of human rights, with self-provider technologies presenting assistance.
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suppose that in a given country from one year to the next, the general price level rises while the quantity of goods produced also rises. what can we determine about the values of nominal and real gdploading...?
The general price level rises while the number of goods produced also rises by this we can determine that both the nominal and real GDP will rise, but nominal GDP will increase more.
What is GDP?The market worth of all the finished goods and services produced in a given country during a given time period is measured in dollars by the gross domestic product (GDP). This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character. To compare living standards between countries, adopting a basis of GDP per capita at purchasing power parity (PPP) may be more relevant, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita does not, however, represent differences in the cost of living and the inflation rates of the countries. GDP per capita is calculated as GDP divided by the region's total population (also called the Mean Standard of Living).
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Currently abby is charged $4,424,000 depreciation on the income statement of andrews. andrews is planning for an increase in this depreciation. on the financial statements of andrews will this?
The increase in depreciation cost can have a fantastic impact on the internet cash from operations within the cash float announcement i.e there might be an increase within the running coins going with the flow.
Depreciation is a noncash cost this is charged to the earnings declaration and as an end result, there is a tax saving that will increase the net earnings. but, at the cash go with the flow declaration, the depreciation cost is introduced back to the net profits due to the fact it is of noncash nature and as a result of this addition, there is a boom inside the working coins glide.
Cash flow statement The cash flow announcement calculates the net coin flows with the aid of deducting coins outflows from cash inflows. It is prepared to reveal the entity’s coins receipts and cash bills. The statistics to prepare a cash waft statement come from the comparative stability sheet, earnings announcement, and additional records inside the notes to the financial assertion. Retained profits statements provide facts inside the training of the cash drift declaration.
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Why should I send a cover letter with a resume?
Answer:
so that it looks professional.
Explanation:
the demand curve for a normal good will always slope downward because: a even though the substitution effect and the income effect move in opposite directions, the substitution effect dominates, and it always displays an inverse relation between price and quantity demanded. b the substitution effect and the income effect reinforce each other, and the income effect always displays an inverse relation between price and quantity demanded. c even though the substitution effect and the income effect move in opposite directions, the income effect dominates, and it always displays an inverse relation between price and quantity demanded. d the substitution effect and the income effect reinforce each other, and the substitution effect always displays an inverse relation between price and quantity demanded. e even though the substitution effect and the income effect move in opposite directions, the two effects cancel each other out.
So the option d (the substitution effect and the income effect reinforce each other, and the substitution effect always displays an inverse relation between price and quantity demanded) is the correct answer.
Substitution Effect
The substitution effect is one component of the effect of a change in the price of a good on the amount of that good requested by a consumer in economics, notably in consumer choice theory, the other being the income effect.
Demand curve
A demand curve is a graph in economics that depicts the relationship between the price of a commodities and the quantity of that commodities that is requested at that price. Demand curves can be used to model the price-quantity connection for a single consumer or for all consumers in a given market.
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what are possible advantages and disadvantages of using automatic withdrawal to pay bills? check all that apply.not having to keep track of the balance in a checking accountavoiding late payment feeshaving to share your account informationnot having to find a stamp and a mailboxnot knowing when the payment will be taken out of your accountpossible overdraft fee
The automatic bill payment is the process of paying or transferring funds from one account to another on a real-time basis. In this, the amount of recurring bills, loans, EMI's are paid on scheduled time.
The advantages of using automatic withdrawal to pay bills are correct in the following options:
Avoid late payment fees, this is because in automatic payment the payments schedule can be fixed for all the time periods of payments.
Not having to find a stamp and a mailbox, because there does not exist any physical movement of the parties for the payment of bill.
The disadvantages of using automatic withdrawal to pay bills are correct in the following options:
Has to share your account details and information with another party for the fund transfer, this is put the user into trouble if their passwords and credential information are leaked by the payment methods.
Has to pay a fee for the online services, the internet banking, or the online portals working for the automatic fund withdrawal and transfers for bill charges fixed or variable amount over the amount of fund transferred.
Therefore, in the new era of automatic withdrawal to pay the bills, there is an equal number of advantages and disadvantages.
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sub sandwiches of america made the following expenditures related to its restaurant. required: sub sandwiches of america credits cash for each of these expenditures. select the account it debits for each.
Accounts debits for each will be
1. Plant and Equipment and Fixed Assets
2. Land Enhancement
3. Cost of maintenance and repairs
4. Paid-Up Insurance
5. Additional operational costs
What are debits and credits?In double-entry accounting, debits and credits are entries made in account ledgers to record value changes brought on by company transactions. Each transaction transfers money from credited accounts to debited accounts. A debit entry in an account reflects a transfer of value to that account, and a credit entry represents a transfer out of that account. A renter might include a credit for the bank account on which the rent check is written and a debit for the rent expense account, for instance, when writing a rent check to a landlord. In a similar manner, the landlord would record a credit in the tenant's rent income account and a debit in the account where the check is placed.
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What is a highly coordinated activity that delivers goods and/or services when they are needed?
Just-in-time production is a highly coordinated processing system in which goods move through the system, and services are performed, just as they are needed.
Even smaller retailers can take advantage of the Just-in-time method to streamline the shipping process. as an instance, a agency that markets office furnishings but does not manufacture it is able to order the furniture from the producer simplest when a client makes a purchase. The manufacturer delivers it immediately to the consumer.
Lean manufacturing is a production technique aimed by and large at lowering instances in the production system as well as response instances from suppliers and to clients. It is closely associated with any other idea called just-in-time manufacturing.
Just-in-time production, sometimes called lean production or lean manufacturing, turns traditional production thinking on its head rather than producing items and offering customers from inventory, JIT processes consciousness on producing precisely the quantity you want at precisely the time your customers want it.
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How will opportunities at purdue support your interests, both in and out of the classroom?.
Students can participate in numerous clubs and intramural sports as well. Students from Purdue perform in musical and theatrical productions. There are several chances for students at Purdue University to pursue your interests both in and out of the course.
A person can major in a huge range of disciplines at Purdue University. Purdue University provides programs in French, Russian, Japanese, and Spanish, among many other languages, for students who want to major in a certain language. There are a number of majors available for those interested in education. Acting and theater are other majors offered at Purdue. There are numerous degrees available in a variety of disciplines, such as in history, economics, and agriculture. Additionally, Purdue has majors in additional disciplines. There are various possibilities for kids to participate outside of the classroom. There are almost 1,000 different student organizations to pick from. Due to Purdue's affiliation with the Big Ten Conference, there are numerous sporting events to attend. Additionally, students can participate in a variety of clubs and intramural sports. Theatrical and musical productions at Purdue include student participation. The chances for students to pursue their passions both in and outside of your classroom are numerous at Purdue University.
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in this chapter we have assumed that the fiscal policy variables g and t are independent of the level of income. in the real world, however, this is
In this chapter we have assumed that the fiscal policy variables g and t are independent of the level of income. in the real world, however, this is
A) attached belowB) 1/1-C1+c1t1C) The fiscal policy is called an automatic stabilizer because the taxes are dependent on the level of income and also the output of the multiplier is more stable because it doesn't respond to rapid changes in fiscal policies.
What is fiscal policy?
The use of taxation and expenditure by the government to affect the economy is known as fiscal policy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty. Tax reductions and greater public spending are the two main manifestations of expansionary fiscal policy. Both of these measures aim to boost overall demand while reducing budget surpluses or adding to deficits.
Therefore,
A) attached belowB) 1/1-C1+c1t1C) The fiscal policy is called an automatic stabilizer because the taxes are dependent on the level of income and also the output of the multiplier is more stable because it doesn't respond to rapid changes in fiscal policies.
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With respect to personal finance, what is the name of the most commonly used credit scoring system intended to help lenders predict how likely an individual is to repay a loan, or make credit payments on time?.
With respect to personal finance, Fisco score is the name of the most commonly used credit scoring system intended to help lenders predict how likely an individual is to repay a loan or make credit payments on time.
What does FICO score means?In credit industry, the FICO score refers to the number used to determine someone's creditworthiness (credit score). Most financial institutions and lenders use FICO score as a guide to determine how much credit they can offer a borrower and at what interest rate.
Therefore, it is the name of the most commonly used credit scoring system intended to help lenders predict how likely an individual is to repay a loan or make credit payments on time.
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In an effort to increase government revenue, congress and the president decide to increase the corporate profits tax. the likely result will be?
The effect of an increase in taxes would likely result in the supply curve for bonds shifts to the left.
What are the effect of an increase in taxes?When the government increase taxes, it is an example of a contractionary fiscal policy. Contractionary fiscal policy are policies that are taken by the government to reduce the money supply in the economy.
When taxes are increased, the money supply would decrease. As a result, the interest rate in the economy would decrease. Also, the supply curve for bonds would decrease. The supply curve for bonds would shift to the left.
Here is the complete question:
In an effort to increase government revenue, Congress and the president decide to increase the corporate profits tax. The likely result will be
A) the supply curve for bonds shifts to the left.
B) the demand curve for bonds shifts to the left.
C) the equilibrium interest rate rises.
D) the equilibrium price of bonds falls.
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Which describes the market position and market share that an hso sets as its goals?
Strategic Intent is the term that describes the market position and market share that an HSO sets as its goals.
Strategic Intent demonstrates the pre-defined future goal which the firm or organization aims to reach within a particular stipulated duration of time. The term expresses the beliefs and values of a firm. It encompasses the aspirational plans, overarching purpose, or intended direction of travel required to access an organization's vision.
The concept of strategic content was popularized by Gary Hamel and C.K Prahalad. This acts as a key factor in driving organizations to maintain a competitive edge. It leads to the enhancement of specific change initiatives within a portfolio structure. This term reflects the long-term goals as well as the philosophical foundation of an organization.
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mcgill p1-1 preparing an income statement , statement of stockholders equity and balance sheet answer key
Company's Financial Statements include Income statement, Statement of Stockholder's Equity & Balance Sheet that are used to assess the financial situation of a company.
Answer is attached in the attachments.
Income Statement: A financial statement may be a financial plan that lists the revenue and expenses of the corporate. Additionally, it displays a company's profit or loss over a selected time-frame. you will better comprehend your company's financial situation by comparing the financial statement to the record, income statement, and income forecast.
Statement of Stockholder's Equity: The difference between total assets and total liabilities, which is usually measured monthly, quarterly, or annually, is that the statement of stockholders' equity. It will be found on the record, one in all three crucial financial records for all small firms.
Balance Sheet: An organization's assets, liabilities, and shareholder equity are listed on a record, which could be a plan. one among the three primary financial statements wont to assess an organization is that the record. It offers an image of a business's financial situation (what it owns and owes) as of the publication date.
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If successful, marketers utilizing the first three es of the 4e framework will have achieved the goal of ________ the customer.
If successful, marketers utilizing the first three es of the 4e framework will have achieved the goal of engaging the customer.
What does it mean to engage the customers?This is the term that is used to refer to all of the ways that a company would be able to engage in having good relationship with their customers. That is the ability to establish a consumer base that would be loyal to the brand that they are using and also create awareness.
If successful, marketers utilizing the first three es of the 4e framework will have achieved the goal of engaging the customer..
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around 4000 bc, the egyptians multiple choice practiced the management function of controlling by keeping records of tax receipts, real estate holdings, and lists of farm animals. applied the managerial concepts of delegation, cooperation, efficiency, organization, and control. recognized management as a separate art and advocated a scientific approach to work. standardized production through the use of an assembly line. used planning, organizing, leading, and controlling to build their great pyramids.
By 4000 BC, the Egyptians used planning, organizing, leading, and controlling to build their pyramids.
How did the ancient Egyptians build their pyramids?As early as 4000 BC, the ancient Egyptians were building pyramids which were so advanced in architecture that even till today they are still considered very difficult to have done.
The only way the Ancient Egyptians could have constructed these mighty structures was by instituting certain processes. One was planning and involved things like designing the pyramids. There was also a need to organize resources such as labor and raw materials. Leading was needed to bring people together to construct the pyramids as well.
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The fda limits the effect of rf absorption to an increase in core body temperature of?
The FDA limits the effect of RF absorption to an increase in core body temperature of 0.4 W/kg.
The goal of the law is to provide consumers with guarantees that products are true on all labeling and packaging, that pharmaceuticals and equipment are safe and effective for their intended applications, that food is clean and wholesome, safe to eat, and manufactured under sanitary conditions.
FDA Basics for Industry aims to enhance industry-FDA dialogue by providing industry with basic knowledge about the regulatory process in an approachable style. FDA Basics, on the other hand, aims to inform the general public about the FDA and what the organization does.
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demand is best described as the additional satisfaction derived from a quantity of goods and services obtained when income increases. the quantity of a good or a service that people are willing and able to purchase at different possible prices. the quantity of a good or a service that people will offer for sale at different possible prices. the total satisfaction that consuming a good provides people at different prices. the quantity of a good or service that consumers will substitute when the price of a good changes. the law of demand says that higher prices cause buyers to demand more. as the price of a good increases, buyers are willing and able to purchase less. buyers demand lower prices. higher prices cause less demand. as the price of a good decreases, buyers are willing and able to purchase less.
The Statement describe 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.
According to the law of demand, the quantity bought varies inversely with price. 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 then they use each additional unit to fulfill progressively lower-valued goals.
The question is incomplete, the complete question is:
demand is best described as the additional satisfaction derived from a quantity of goods and services obtained when income increases. the quantity of a good or a service that people are willing and able to purchase at different possible prices.
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technology is used today in manufacturing, health care, and the transportation industry, but education has not yet embraced it.
Technology is used today in manufacturing, health care, and the transportation industry, but education has not yet embraced it. This statement is false.
Technology is the application of scientific knowledge to the practical purposes of human life, or, as it is sometimes expressed, to the modification and manipulation of the human environment. Information technology is important in our lives as it helps us deal with the dynamics of everyday life. This technology provides a variety of tools to facilitate development and share information. Both are IT goals to make tasks easier and solve many problems.
Technology is the way scientific knowledge is applied to practical purposes. It includes not only machines (such as computers), but also technologies and processes (such as how computer chips are made). All technology may seem electronic only, but that's just the latest technology.
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when classifying cost behavior, what type of cost is the raw material used in production if sales volume is the cost driver?
The number of units consumed determines the total electricity bill. In such scenarios, the number of power units consumed becomes the cost driver.
How Activity Cost Drivers Work
Activity cost driver is an accounting term. A cost driver has an effect on the costs of particular company operations. The costs of labour, maintenance, or other variable costs are impacted by an activity cost driver in activity-based costing (ABC). Cost drivers are essential in ABC, a branch of managerial accounting that allocates indirect costs or overheads for an activity. An immediate effect of a cost driver is seen in a commercial activity. Several cost-related elements may have an impact on an activity. For instance, the majority of tasks involved in manufacturing products are governed by the number of hours worked directly. If labour costs are high, the cost of producing all of the company's products or services will increase. The price of producing goods or providing services would go up if warehousing expenses are high.
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Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes called:______.
Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes called downstream costs. Costs incurred prior to manufacturing are referred to as upstream costs, whereas costs incurred after production are referred to as downstream costs (such as advertising and transportation).
Upstream Costs refers to the raw materials required for production, whereas downstream is the opposite end, where products are manufactured and dispersed. The final steps in the manufacture and selling of goods, when finished products are created and sold to consumers, are referred to as downstream operations. Sales can be wholesale, business-to-business (B2B), or retail, business-to-consumer (B2C).
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What does the bcg matrix evaluate? business growth rates cost of goods sold economies of scale market share
The Boston Consulting Group developed the BCG matrix as a framework for assessing the strategic position and potential of the corporate brand portfolio.
What is the BCG matrix?A business planning tool used to assess the strategic position of a company's brand portfolio is the Boston Consulting Group Matrix, also known as the product portfolio matrix. One of the most often used techniques for portfolio analysis is the BCG Matrix. An analysis of a company's products using a BCG matrix is a tool for long-term strategic planning. Companies can use the matrix to find new chances for growth and choose their future investment strategy. The majority of businesses provide a wide range of items, although some offer better returns than others.
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What would be something to take into consideration if you were opening a clothing store in the middle east?
Selling the native clothing of the people would be something to take into consideration if you were opening a clothing store in the middle east.
Are clothes businesses profitable? What tools are required to launch a clothing line?Given that they sell useful and essential goods for everyone, clothing stores will likely always be busy businesses with strong demand. The secret to success is to be innovative and provide something unique from other stores. In this field, creativity and ingenuity are two excellent companions.
However, you still require some fundamental supplies to run this business, including sewing supplies, garment patterns, several types of fabric, and finishing touches like buttons, zippers, and clasps. For more complicated patterns, you might also wish to buy sewing instructions, and you might consider enrolling in classes to master new skills.
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ohn, an engineer in a multinational corporation, e-mails coworkers from india and taiwan on a weekly basis. john's communication illustrates the imperative for studying intercultural communication.
ohn, an engineer in a multinational corporation, e-mails coworkers from india and taiwan on a weekly basis. john's communication illustrates the technology imperative for studying intercultural communication
Although technology helps the economy and people, it can also have negative effects like resource depletion, pollution, or societal problems like technical unemployment brought on by automation. As a result, discussions about the function and use of technology, its ethics, and the mitigation of technology's potential drawbacks have become philosophical and political issues [6]. The pervasiveness of technology is criticized by historical and modern movements like neo-Luddism and anarcho-primitivism, while transhumanists and techno-progressives actively encourage technological advancement since they see it as emancipatory. [9] Through technical advancements like renewable energy in industry and transportation,[10] genetically modified crops to address soil depletion,[11] and space exploration to reduce the dangers of a worldwide cataclysm, many of technology's negative effects can be alleviated.
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What should I write at the bottom of my resume?
Answer & Explanation:
The last section to consider adding to your resume is a shortlist of any other relevant accomplishments or volunteer work. Only include those that are relevant or that may help create a better picture of who you are as an individual as related to the position you're applying for.
true or false: in a sell or process decision, either all joint products must be processed or all must be sold.
False: in a sell or process decision, either all joint products must be processed or all must be sold.
What is decision ?The decision-making process involves deciding what to do, gathering information, and analyzing various options.
By gathering relevant information, laying out your options, and using a step-by-step decision-making process, you may make more thoughtful, educated selections. By using this method, you have a greater chance of picking the one that will delight you the most.
In psychology, choose a belief or a course of action from a variety of viable alternative options is regarded as the result of a cognitive process. It might be illogical or reasonable, depending. A decision-values, maker's preferences, and beliefs are the foundation for the reasoning process that goes into making a decision. The end consequence of every decision-making process is a conclusion, which may or may not result in action.
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a firm's are timeless, capturing its heart and soul, and serve to inspire and motivate its stakeholders.
A stakeholder may be an extensive kind of human-impacted or invested inside the undertaking. as an example, a stakeholder may be the owner or maybe the shareholder. however, stakeholders also can be personnel, bondholders, clients, suppliers, and carriers. A shareholder may be a stakeholder.
Stakeholders are people, corporations, or organizations directly involved with, or not directly laid low with, a project, product, provider, or business enterprise. As such, stakeholders likewise impact why and how a corporation does commercial enterprise.
The time period stakeholder has its roots in horse racing. A stake race is one in which the prize cash is derived from the access costs that horse proprietors pay to enter the race. The entry price is called a stake, a synonym for threat.
The time period stakeholder has its roots in horse racing. A stake race is one in which the prize money is derived from the entry charges that horse proprietors pay to go into the race. The access price is known as a stake, a synonym for danger.
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which can cause a shift in the demand curve? a change in the price of a good the cost of production the technology used by firms one of the determinants of demand which of the choices illustrates the law of demand? pat wants to buy more candy bars at $2 than at $1. none of the choices. wants to buy more candy bars at $1 than at $2. offers more candy bars for sale at $2 than at $1.
The Factors Causing the Demand Curve Shift is critical in shifting the demand curve in Microeconomics. Price changes in related goods such as substitutes and complements cause changes in the demand curve.
What factors are causing the shift in the demand curve in microeconomics?
In microeconomics, the following factors are responsible for the shift in the demand curve:
The cost of related goodsConsumer EarningsConsumer Preferences and FashionTechnological AdvancementChanges in Population Size and CompositionIncome Distribution ModificationFiscal PolicyReal Income VariationExpectationsLearn more about microeconomics here:
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