Why is it important to have an organized business?​

Answers

Answer 1

Answer: According to "licenter.org" it states, "If your business is not properly organized, tasks can pile up, paperwork gets lost, and valuable time is spent on finding information that should be readily available. ... Getting organized can increase your productivity, ramp up your revenue, and cut down on your risks."


Related Questions

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?

Answers

A bank account where you can collect interest by leaving money in there for 18 years it will just be collecting all that interest

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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A mutual fund Select one: a. is an institution that sells shares to the public and uses the proceeds to buy a selection of various types of stocks, bonds, or both stocks and bonds. b. is a financial market where small firms mutually agree to sell stocks and bonds to raise funds. c. sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit. d. is funds set aside by local governments to lend to small firms who want to invest in projects that are mutually beneficial to the firm and community.

Answers

Answer:

c

Explanation:

sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit. d. is funds set aside by local governments

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.

Answers

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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what is a consequence of not having health insurance?

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A consequence of not having health insurance is:

A person may not be able to afford healthcare if he falls ill

Health 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, etc

Therefore, 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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the group of consumers most likely to purchase a particular product are called a

Answers

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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the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be

Answers

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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select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster.

Answers

Companies raise prices to unjust levels when they engage in price gouging. There is no set definition of what constitutes price gouging, but it happens frequently.

The statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster are:

1. When prices rise after a disaster, consumers are encouraged to produce less of the good and leave some for others to purchase; price gauging laws short-circuit this effect.

2. When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gauging laws short-circuit this effect.

3. Price gauging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.

Price gouging frequently happens when there is a rapid increase in demand for a specific good, service, or commodity, such as in the case of catastrophes and natural disasters.

The desire for luxuries and non-essential goods decreases in times like these, which causes many firms to lose the sales they typically rely on. In an effort to counteract this loss and stay in business, shops may hike the prices of necessities.

On the other hand, if demand for necessary goods or services surges abruptly, the supply may become severely constrained and prices may rise even further.

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Your question seems to be incomplete, but most probably the complete question was:

Select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster. True Statement about Price Gouging Drag appropriate answer(s) here ✓

Price gouging laws keep prices low after a disaster. This forces consumers to buy less of the good than they otherwise would.

When prices rise after a disaster, consumers are encouraged to consume less of the good and leave some for others to purchase; price-gouging laws short-circuit this effect.

When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price-gouging laws short-circuit this effect.

Price gouging laws reduce shortages after a disaster by keeping prices low. Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse,

Price gouging laws keep prices low after a disaster. This forces producers to produce more of the needed goods.

what are the two ways a company can translate its low-cost advantage over rivals into attractive profit performance?

Answers

1. Doing a better job than rivals by performing value chain activities more cost-effectively.

2. Revamping the overall value chain to eliminate or bypass cost-producing activities.

Hope it helps!

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a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?

Answers

Debited to the inventory account.


Hope this helps!

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.

Answers

Answer:

to remind

Explanation:

because you need to persuade people and inform people and before you do that you have to evaluate

Which of the following statements best defines
UTILITY?
A. What you can obtain for an item at a later time

B. How well something satisfies a person's wants or
needs

C. What we lose by giving up the other provided choice

D. How helpful an item is given the context of a current
situation

Answers

Answer:  c

Explanation: i just took the test

UTILITY is What we lose by giving up the other provided choice Option(c) is correct. In any case, it isolates the hypothesis of financial utility from real perception and experience, since "utils" can't really be noticed.

What is a Utility?

Utility is a term in financial matters that alludes to the all out fulfillment or advantage from consuming a decent or administration.

Monetary hypotheses in light of judicious decision for the most part expect that shoppers will endeavor to augment their utility. The monetary utility of a decent or administration is vital to comprehend, on the grounds that it straightforwardly impacts the interest, and consequently cost, of that great or administration.

Practically speaking, a purchaser's utility is typically difficult to gauge or evaluate. In any case, a few financial specialists accept that they can by implication gauge what is the utility of a monetary decent or administration by utilizing different models.

Utilities are organizations that work in the electric, water, oil, or gas areas. These organizations assume a significant part in modern economies and have an all out market capitalization of almost $1.6 trillion.

Therefore Option(c) is correct.

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24. When documenting animal data, what is typically not included in the record?


pedigree
breeding plan
weight
estimated lifespan

Answers

the answer is most likely breeding plan. i may be wrong though. hope this helps

Stan’s savings account has a balance of $2257. After 5 years, what will the amount of interest be at 10% compounded quarterly?

a.

$1432.36

c.

$112.85

b.

$1446.36

d.

$1441.36

Answers

Answer:

b

Explanation:

Answer:

1441.36

Explanation:

got it right on edge

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

Answers

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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What are the types of partnership and examples of each?

Answers

Answer:

here you go

Explanation:

Types of partnerships

General partnership. A general partnership is the most basic form of partnership. ...Limited partnership. Limited partnerships (LPs) are formal business entities authorized by the state. ...Limited liability partnership. ...Limited liability limited partnership

what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, including merging markets?

Answers

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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HELP ME
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?

Answers

To answer you questions (2 & 3), technology will most likely take over our current jobs. Also, no one knows what the future will hold.

latoya filed her tax return on february 10th this year. when will the statute of limitations expire for this tax return?

Answers

Answer:

The statute of limitations generally ends three years from the laterof (i) the date the tax return was actually filed (3 years from February 10th of this year) or (ii) the tax return’s original due date (3 years from April 15th of this year).Accordingly,Latoya’s statute of limitations for the tax return will end 3 years from April 15th.

Explanation:

Nasdaq, the American Stock Exchange, and the OTC market collectively form the

Answers

Answer: Stock market

Collectively, the markets of Nasdaq, the American Stock Exchange, and the OTC market form the Stock Market.

What is the stock market?

This is a market where shares or stocks in different companies are sold amongst people.

There are various components in the stock market of the United States including Nasdaq, the American Stock Exchange and the OTC market.

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QUESTION 3 of 10: Generally, budgets are created for:

a) One week
b) One month
O c) One year

Answers

Answer:

b) One month

Explanation:

Budgets are typically formulated for a one-year duration. Therefore, option c is correct.

Budgets refer to financial plans that outline the anticipated income and expenses of an individual, organization, or government entity for a specific period, usually one year.

They serve as a blueprint for allocating financial resources, setting spending limits, and achieving financial goals. Budgets provide a structured framework for managing funds, enabling effective decision-making, and ensuring financial stability.

They encompass various components, including revenue projections, cost estimates, planned expenditures, and anticipated savings. Budgets are essential tools for tracking and controlling financial activities, promoting accountability, evaluating performance, and facilitating strategic planning.

They serve as a vital tool for financial management, helping individuals and organizations make informed and efficient financial decisions.

Therefore, option c is correct.

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the british economicst ______________ demonstrated in 1817 that even though one nation held an absolute advantage over another in the production of each of two different goods, international trade could still be a positive-sum game in which both countries benefit.

Answers

Answer:

David Ricardo

Explanation:

According to the GLOBE (Global Leadership and Organizational Behavior Effectiveness) project, it has been found that: Multiple Choice Chinese managers prefer structures with more hierarchy and less equality. Chinese managers typically score lower than their Argentine and U.S. counterparts in the area of uncertainty avoidance. Chinese managers tend to value assertiveness significantly more than managers from Argentina. Chinese managers are open to loose restrictions.

Answers

Judging based on the information from the GLOBE (Global Leadership and Organizational Behavior Effectiveness) project, it has been found that: "Chinese managers prefer structures with more hierarchy and less equality."

This is evident in the research made by GLOBE showed that the Chinese generally have a high Power Distance Index (PDI).

Power Distance Index is one of the five major qualities of cultural dimensions.

A country with a high power distance index like China means they are a society that adopts an unequal, level distribution of power.

They also believe that people need to know their role or position in the system.

Hence, in this case, it is concluded that the correct answer is option A. "Chinese managers prefer structures with more hierarchy and less equality."

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How is everyones day? Make sure you haven eaten or drank something!

Answers

Answer:

the day is good

Explanation:

im not dead i need a crown please

Answer:

I'm doing good

Explanation:

just chilling im doing good

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).

Answers

Answer:

21,000

Explanation:

if the order quantity doubles but the flow rate remains constant, what happens to the sum of ordering and holding costs?

Answers

decreases by 50% I hope this helps

what is the cost allocation method called that is used for natural resources?

Answers

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.

Alicia is a local personal trainer and owns a fitness studio. She has invested significant time, money, and effort into building her studio’s reputation—as well as her own—in the community. Alicia starts hearing rumors of an owner of a larger fitness center posting derogatory comments about her online. Which tort law is the fitness center owner violating? Describe the law and give two examples of comments that could have been posted.

Answers

The tort that the owner of the fitness center is committing is known as Defamation in law.

Basically, tort refers to an action made by someone which gives rise to injury or harm to another person and such actions can be sued in court of law.

Defamation is part of tort in law and refer to the statement made by someone which harms another's party's reputation.

When the owner of the larger fitness center is posting derogatory comments about Alicia, the person is committing an offence of Expressed defamation.

Expressed defamation is one that is written and can be easily proved while Oral defamation is one that is been spoken.

Therefore, Alicia can sue the fitness owner for damages because she suffered loss of reputation because of the derogatory statement made by him.

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What two cultural factors influenced the variety of Chinese lays potato chip flavors

Answers

The two cultural factors that influenced the variety of Chinese lays potato chip flavors are Regional tastes and preferences and Chinese cuisine and ingredients.

What are tastes and preferences ?

Tastes and preferences refer to an individual or group's personal likes and dislikes when it comes to food, drink, or other things.

In the context of food, tastes and preferences are influenced by factors such as culture, upbringing, personal experiences, and health considerations.

The Regional tastes and preferences and Chinese cuisine and ingredients are the  cultural factors that influenced the variety of Chinese lays potato chip flavors.

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southerners complained that their economy was crippled by the __________.

Answers

Answer:

tariff of 1828

Explanation:

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.

Answers

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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