The following response has been produced in a straightforward, step-by-step fashion.
When establishing a Project Management Office (PMO) inside a company, the following factors should be taken into account:
Establishing the PMO's mission and scope Defining its processes and procedures; Determining the resources it will require; and Creating a communication strategy for the PMOThe topic of whether it is preferable to engage a consultant or an experienced project manager (PM) has no simple solution. It depends on the particular circumstance and the resources at hand.
It could be a good idea for the company to engage a consultant if they have the funds to do so. It would be preferable to engage an experienced project manager if the company does not have the funds to hire a consultant.
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felix tells genie, a prospective tenant, that the roof of the hillside apartments building does not leak when felix knows that it does. this may give rise to an action for fraud, because the statement is one of
Felix tells Genie, a prospective tenant, that the roof of the hillside apartment building does not leak when Felix knows that it does. This may give rise to an action for fraud, because the statement is one of fact.
In the legal system, a distinction is made between false advertising and puffery. False advertising occurs when a seller provides false statements and facts about the product or service to a potential customer.
False advertising is illegal and considered a fraud. An example is Felix deceiving Genie regarding state of the hillside apartment. Puffery is when a seller exaggerates the qualities of a product or service as part of its promotion. This is considered a legal mode of advertising.
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Is Relative value when two absolute values are compared one to another?
Relative value is the opposite of absolute value. while absolute cost examines the cost of an asset or organisation with out evaluating it to any others, relative fee is primarily based on the value of similar assets or businesses.
Relative value is a technique of determining an asset's worth that takes into account the value of similar belongings. that is in contrast with absolute price, which seems most effective at an asset's intrinsic value and does not evaluate it to other assets. Absolute change refers to the easy difference inside the indicator over two intervals in time, i.e. Relative change expresses the absolute exchange as a percentage of the price of the indicator in the earlier length. A relative maximum or minimum happens at turning factors at the curve wherein because the absolute minimal and most are the proper values over the entire area of the function. In different words the absolute minimum and most are bounded by means of the area of the function.
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Suppose that currently 50 million hamburgers are being produced and sold at a price of $5.00. this outcome in the market for hamburgers is economicallyefficient because:______
Suppose that currently 50 million hamburgers are being produced and sold at a price of $5.00. this outcome in the market for hamburgers is economicallyefficient because: the opportunity cost of producing the last hamburger equals the marginal benefit of consumption.
What is opportunity cost ?
Opportunity cost is frequently referred to as the second-best option. The loss of gain that would have been realized if a different option had been chosen is sometimes referred to as the alternative cost. The loss of benefit as a result of a change in choice is another way to explain it.
There are 50 million hamburgers in the equilibrium amount.
Each hamburger is priced at $5 in balance.
At a $5 pricing and a 50 million output, the economy is in full swing.
This suggests that there is economic equilibrium. The benefit will equal the cost of production at equilibrium. As a result, we can conclude that the economy is operating efficiently.
When the cost exceeds the marginal benefit, wasteful production is implied.
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A firm produces 50 units of output at with an average total cost of three dollars. If the market price is five dollars, what is the firm's total revenue?
Total revenue earned by the company is $100 for 50 units at $5 per unit
No. of units produced by the firm= 50
Average cost per unit = $3
The formula used for calculating total cost of the production:
Average = Sum of observations/Total no. of observations
3 = Sum of observations/50
Therefore, the total cost of production = $150
Market price per unit = $5
Total revenue earned by 50 units at $5= 5*50 = $250
Profit earned = Revenue - Cost
=250 - 150 = $100
Hence, the total profit for the firm is $100 when selling 50 units at $5 per unit
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a plant operates 10 hours a day, producing 100 parts per hour. if productivity were increased by 20%, how many hours would the plant have to work to produce 1,000 parts?
a plant operates 10 hours a day, producing 100 parts per hour. if productivity were increased by 20%, the plant have to work between 8 and 9 hours to produce 1,000 parts.
What do you mean by productivity?Production efficiency, as measured by some metric, is referred to as productivity. Productivity is sometimes represented as a ratio of the whole output to a single input, the total input used in a production process, or production per unit of input, usually over a predetermined time period. The most typical illustration is that of the (aggregate) labor productivity index, where GDP per worker is one example. The choice of a productivity definition depends on the goal of the productivity assessment and/or the availability of data. Productivity can be defined in a wide variety of ways, including some that do not include ratios of output to input.
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What is the value of the building that earns 825 monthly and earns owner 14 annual income?
$70,174 is the value of the building that earns 825 monthly and earns owner 14 annual income. Hence, option B is correct.
What is annual income?A person's yearly income is the sum of money you earn each year. Your income includes your normal salary as well as any overtime pay, tips, commissions, or bonuses that you may have received. There are two alternative phrases that can be used to describe it: gross yearly income and net annual income.
The yearly income is the sum of money you earn each year. The income includes normal salary as well as any overtime pay, tips, commissions, or bonuses that you may have received.
Thus, option B is correct.
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The options are missing-
A) $58,928
B) $70,174
C) $90,514
D) $106,932
Cost accounting logic can lead managers to keep their resources busy all the time, increasing productivity with no regard to demand. what is the negative result from this effect?
The negative result from this effect is purchases of surplus inventory.
Production must be done in accordance with the demand. Otherwise, there will be an increase in surplus inventory handling expenses and overproduction.
"Surplus inventory" refers to a situation where less inventory is consumed than what is stocked, which impacts the profit margin and locks up money that could have been better employed to offer other saleable products.
The internal management team of a corporation uses cost accounting to determine all variable and fixed expenses related to the production process. To help with measuring financial performance and making future business decisions, it will first measure and record each of these charges individually.
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suppose the price of an item decreased by 6% a total of 9 times. by what percent did the price decrease in total?
The price is decreased by 57.3%.
Percent decrease refers to the percent change in the value when it is decreased over a period of time.
Percentage decrease expresses the decrease in the given value with respect to its initial value in the form of a percentage.
Let us suppose the price be “x” but we may use it as whole number of 1.
Given that the price of a certain item decreased by 6% a total of 9 times.
So, the new price is 0.06 a total of 9 times the original price.
Which is (1 – 0.06)^9 = (0.94)^9 .
Therefore, the new price is 0.5729
So the percentage decrease is
= 0.5729*100
= 57.29
= 57.3%
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_______ is a branch of economics that focuses on measuring the well-being of market participants and how changes in the market affect their well-being
Welfare economics is a department of economics that focuses on measuring the nicely-being of market members and the way changes inside the market have an effect on their nicely-being.
Focus is so vital due to the fact it's miles the gateway to all thinking: notion, memory, getting to know, reasoning, hassle fixing, and selection making. without good awareness, all factors of your ability to assume will go through... here is a simple reality: "in case you can't awareness successfully, you can not assume efficaciously."
An instance of an excellent recognition announcement is probably: "If poker may be verified to be a recreation of skill, must online poker then be legalized?" A less effective focuses announcement on the same subject matter might be: "there may be currently controversy approximately the legality of online poker.
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which of the following are the principles that ethical, successful companies embrace? (check all that apply.)multiple select question.having a sense of purpose or visionemphasizing mutual benefits with customers, vendors, and clientsemphasizing fairnesshaving employees assume responsibility for company actionsputting the needs of the company first
The principles that an ethical & successful companies embrace includes:
having a sense of purpose or vision.having employees assume responsibility for company actions.emphasizing mutual benefits with customers.emphasizing fairness.What is an ethical company?Basically, an ethical company refers to those a company that has clearly defined environment, Social, and Governance principles. It means that the company conforms with the relevant laws and regulations; that is, the company is following the rules set out by government.
In this context, the principles that an ethical & successful companies embrace includes having a sense of purpose or vision, having employees assume responsibility for company actions, emphasizing mutual benefits with customers and emphasizing fairness.
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The principles that ethical, successful companies embrace are :
having a sense of purpose or vision. having employees assume responsibility for company actionsemphasizing mutual benefits with customers emphasizing fairnessWhat Is Business Ethics?By definition, business ethics can be described as the standards for morally right as well well as the wrong conduct in business.
It should be noted that Business ethics help to uphold law through the sating out of acceptable behaviors beyond government control.
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in a hypothetical country, the population is expected to increase by 25% following recent legislation relaxing the barriers that restrict immigration. it is expected that the new immigrants will purchase the same goods and services as the current population does. if all other economic forces are held constant, how would this increase in population influence demand?
The increase in population would lead to a shift the demand curves for all goods and services to the right .
What is the effect of the increase in population?When there is an increase in population, there would be an increase in demand. An increase in demand occurs when other factors other than the price of a good leads to a change in demand.
Due to the population increase, there would be more people that would need to buy goods and services. Thus, there would be an increase in demand.
When there is an increase in demand, the demand curve would shift to the right or it would shift outward. The demand curve is a graph that shows the relationship between price and quantity demanded.
When there is a change in the price of the good, there would be a change in the quantity demanded and there would be a movement along the demand curve for the good.
Here are the options:
a movement downward along the demand curve
O shift the demand curves for all goods and services to the right
a movement upward along the demand curve
O shift the demand curves for all goods and services to the left
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Frequently purchased, relatively low-cost products for which customers have little interest in seeking new information and rely heavily on prior purchase behavior are called ________ goods.
Regularly purchased, especially low-value products for which clients have little interest in looking for new facts and depend heavily on earlier buy behavior are known as convenience frequently purchased goods.
In advertising, a product is an object, gadget, or service made to be had for patron use as of the customer call; it's far anything that can be supplied to a market to satisfy the choice or want of a consumer. something this is made to be bought, normally something that is produced by using an industrial manner or, much less typically, something this is grown or received via farming: They do more than a few pores and skin-care merchandise. The product is so precise it sells itself.
Suitable products ought to have a solid fee proposition and clear up actual trouble, be understandable to customers, carry out their venture as easily and efficaciously as possible, and emerge as higher and harder to part with the more they may be used. A simple product is a physical object with an easy SKU and is the most fundamental form of all merchandise. A simple product can be offered individually, or beneath grouped, packaged, or configurable products.
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A key goal of monetary policy is:____.
a. creating deflation.
b. creating deflation.
c. keeping taxes low.
d. keeping taxes low.
e. maintaining price stability.
A key intention of monetary coverage is: maintaining price stability.
The definition of Monetary is something associated with money or currency. The gadget wherein people pay with dollar payments and other paper money is an instance of the monetary system. An economic object is an asset or legal responsibility sporting a price in bucks in an effort to no longer trade within the destiny. those items have a hard and fast numerical price in dollars, and a dollar is continually worth a greenback.
Monetary value is the amount that could be paid in cash for an asset or carrier if it had been to be offered to a 3rd party. for example, tangible assets, intangible property, labor, and commodities are priced at their economic price. monetary coverage is the coverage followed through the monetary authority of a nation to control either the hobby fee payable for extremely brief-term borrowing or the money delivered, often as a try to lessen.
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Even at rest, most neurons have periodic production of action potentials, known as the ____. group of answer choices
Even at rest, most neurons have periodic production of action potentials, known as the Spontaneous firing rate.
What is action potential in a neuron?
Activity potentials (those electrical impulses that send signals around your body) are nothing more than a temporary move (from negative to positive) within the neuron's film potential caused by particles suddenly flowing in and out of the neuron.
In an intact brain, the adjust of hundreds of excitatory and inhibitory inputs to a neuron decides whether an activity potential will result.
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The _____ is a group of persons within an organization who participate in the buying process and share common goals, risks, and knowledge important to the purchase decision.
The buying center is a group of persons within an organization who participate in the buying process and share common goals, risks, and knowledge important to the purchase decision.
A buying center is a group within a company made up of employees and other organization members who are responsible for managing the purchasing process and making crucial decisions on the acquisition of goods and services.
A number of organizational departments, including finance, IT, purchasing, accounting, and senior management, must make significant contributions to key purchases in an organizational environment. Participants in the buying center depend on the products or services bought. The Buying Center is a key idea in consumer insight. Understanding it will help you make wiser judgments in management, sales, product development, and marketing. It offers information so you may decide on your brand's operating channels and a clear storyline.
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How does the average daily water consumption per person in the united states compare to other countries?
Answer:
The U.S. uses a large amount of water each day compared to other countries. Average person in U.S.: 156 gallons a day Average person in France: 77 gallons a day
Explanation:
What is an extended title coverage policy that insures against many of the items excluded in the clta standard policy?
American Land Title Association (ALTA) - a policy that provides additional coverage for many of the items prohibited by the CLTA basic insurance. This policy protects the lender, not the buyer. A survey or physical inspection of the property is included. The American Land Title Organization (ALTA) represents the title insurance business as a trade association.
The ALTA, which was founded in 1907, likewise focuses on a property's abstract of title, which relates the history of the title to a specific piece of real estate. The organization's goal is to strengthen industry monitoring and protect consumers. The ALTA in the administration of the title insurance sector.
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Suppose+$20,000+is+deposited+into+an+account+paying+4.5%+interest,+compounded+annually.+how+much+money+is+in+the+account+after+four+years+if+no+withdrawals+or+additional+deposits+are+made?
Money in the account after four years after compounded annually = 23850.372
Given, P = 20,000
R = 4.5%
T = 1
n = 4
To calculate Compound interest, we will use the formula A = P(1 + r/n)^nt
where
p = principal amount,
r = rates of interest
n = number of times interest applied per time period
t = number of time periods elapsed
After putting values,
A = 20000(1 + 4.5/4 )^(4*1)
= 23850.372.
Compounding is the manner where which the hobby is credited to a current most important quantity in addition to hobby already paid. Compounding for that reason may be construed as a hobby on a hobby—the impact of the t is to exaggerate returns to the hobby over time, the so-called “miracle of compounding.”
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Disclaimer: The question is incomplete. Please read below to find the missing content.
Suppose $20,000 is deposited into an account paying 4.5% interest, compounded annually. How much money is in the account after four years if no withdrawals or additional deposits are made?
marci, a purchasing agent, orders 300 refrigerators per month from an online vendor portal. in doing so, she has made a(n) decision.
marci, a purchasing agent, orders 300 refrigerators per month from an online vendor portal. in doing so, she has made Operational decision.
operational judgments
Operational decisions, which typically have effects for no more than a year or even a day, are those that are altered more frequently in accordance with the current external and internal situations. The scale, complexity, and formulation of optimization models for operational decisions vary greatly as a result of the vast number of operations that make up the BSC. Operational choices related to biomass acquisition operations include logistics for carrying harvested biomass to storage, scheduling of working shifts, designating harvesting operation regions, and assigning personnel to harvesting machines. In terms of inventory management operations, it is necessary to regularly decide how much needs to be replenished from the upstream, delivered to the downstream, used to make biofuel goods, and stored in storage facilities.
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When performing a transitional attack, a _____ stream may be the best choice because it will not upset the thermal layering as much as other stream patterns.
When performing a transitional attack, a straight stream may be the best choice because it will not upset the thermal layering as much as other stream patterns.
This is further explained below.
What is a straight stream?Generally, a Direct stream is either water or fire ret/ard/ant that is discharged directly from the n/oz/zle (as opposed to a f/o/g or spray cone), and it is either delivered by a solid stream orifice or by changing a fog jet into a straight stream pattern.
In conclusion, A straight stream could be the greatest option for a transitional assault since it won't disrupt the thermal layering as much as other stream patterns.
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in what way does a deductible help an insurance company? it adds to the company’s pool of funds. it increases consumers' insurance premiums.
The deductible help an insurance company, it lowers the payout the company has to make. Thus, option (c) is correct.
What is insurance?
The term “insurance” refers to risk management. The amount of compensation paid by insurance companies is inversely proportional to the loss caused by the unfavorable event.
A deductible is the sum of money that a policyholder must pay before the insurance company begins to pay. Because the amount is deductible, the insurance company is paying the claim. It reduces the amount of money the corporation has to pay out.
Therefore, option (c) is correct.
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Your question is incomplete, but most probably the full question was:
It adds to the company's pool of funds.It increases consumers' insurance premiums.It lowers the payout the company has to make.It reduces consumers' co-payments.Marketing strategy ends with conducting a market analysis.
a. true
b. false
The answer is true. A marketing strategy is a company's overall game plan for reaching out to prospective customers and converting them into customers of their products or services. A marketing plan includes the value proposition of the organization, key brand message, statistics on target customer demographics, and other high-level elements.
A comprehensive marketing strategy addresses the four Ps of marketing: product, pricing, place, and promotion. A marketing strategy is a company's plan for reaching out to potential customers and converting them into clients of their products or services. A well-defined marketing strategy should focus around the firm's value proposition.
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Allocating resources to customers at prices that will maximize revenue is called:_________
a. cost minimization
b. revenue management
c. sales force automation
d. labor planning
'Allocating resources to customers at prices that will maximize revenue is called sales force automation.
The basic definition of revenue is the total amount of money earned from a company's business, measured over a specified period of time. A company's turnover is its gross income before deducting expenses. Profit and total revenue define turnover. This is the monetary profit from the sale and/or services rendered.
When comparing income to revenue, it is important to know that "revenue" refers to the total amount of money a business generates before all expenses are deducted. "Income", on the other hand, is income minus the costs of doing business, such as depreciation, interest, taxes, and other expenses.
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a company started the month with $1,000 of retained earnings. during the month, it had revenue of $5,000 and expenses of $4,500. it also distributed a dividend of $100 among its stockholders. the company's retained earnings at the end of the period equals
The company's retained earnings at the end of the period equals $1,400
What is closing retained earnings?
The company's retained earnings at the end of the period means the beginning retained earnings plus the net income for the period minus the portion of the net income paid to shareholders as dividends
ending retained earnings=beginning retained earnings +net income-dividends
beginning retained earnings=$1000
net income=revenue-expenses
net income=$5000-$4,500
net income=$500
dividends=$100
ending retained earnings=$1000+$500-$100
ending retained earnings=$1,400
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there are times when secrecy might make sense to publics. for example, apple denied requests from the fbi to hand over the required code to unlock their phone so the company could protect its proprietary information. in cases like apple’s, organizations can still .
There are times when secrecy might make sense to publics. Apple denied requests from the FBI to hand over its code to unlock their phone to protect proprietary information to compete in markets. In cases like Apple's, organizations can still say we can't talk about it.
What is meant by proprietary information?
Proprietary Information” means the information that is developed, created, or discovered by the company, or which became known by, or was conveyed to the company, that has commercial value in the company’s business.
Company’s actual or anticipated business, research or development, or which is received in confidence by or for the Company from any other person.
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(01.08 hc) vaughn has just graduated college and is looking for a job in his new career field. in the meantime, he is working a part-time hourly wage job and wants to start saving for retirement. he expects that his income will grow significantly in the years to come. his bank asks whether he wants a pre-tax plan or a post-tax plan. which should he choose?
Vaughn should choose a pre-tax option since his top marginal tax rate is likely to decrease in the future given that he recently received his college diploma.
Which tax rate is the marginal rate?The marginal tax rate is the amount of tax that is added to taxable income for every additional dollar that is made. Progressive taxation refers to a federal taxation system. A progressive tax system means in that people with greater taxable incomes pay higher rates while those lower tax categories pay lower rates. For each tax category, a distinct tax rate is used in the approach. Previously, taxpayers were divided into seven different tax brackets and resided in four different families. As an individual's income moves up the tax bracket scale, the marginal tax rate system increases. It implies that lower marginal tax rates will apply to lesser taxable dollar earnings. Taxes are imposed at a higher rate as taxable income rises. Up until the last dollar is taxed at the highest marginal rate, the rate gradually rises.
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Companies that understand how their products _____________________ achieve double the ___________________ of their less-in-touch rivals.
Companies that understand how their products Meet customer's needs achieve double the record hits of their less-in-touch rivals. Meeting the requirements of customers is critical for any business wanting to maintain and attract new clients.
Because, as important as the discovery step is, your understanding of what your consumer requires from you is only as good as how you apply it. It allows you to make the correct changes at the right moment to optimize the client journey and meet their needs. Excellent customer service is a proven way to exceed customer expectations since it develops lifelong customers who will recommend your Companies to friends, family, and colleagues.
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more than 50 percent of business owners started their own business in order to earn large sums of money.
More than 50 percent of business owners started their own business in order to earn large sums of money. This statement is FALSE.
What is Small Business Management?
The coordination of personnel and processes is referred to as small-business management. Small business management is different from that of large firms, whose management is frequently compelled to concentrate on raising shareholder value and stock prices. The way your firm is run and how you fit into that model depend on how you define business management. When a small business first starts, the proprietor frequently does all or the majority of the work. For instance, a novice house painter may estimate, manage the marketing, paint, and maintain the books before finally employing subcontractors and later staff. Small-enterprise management at this stage involves preparing the business for expansion, which may entail employing and managing workers as well as contractors like an accountant, webmaster, or lawyer.
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Companies recognize revenue before the cash has been collected when using ______ accounting.
Companies recognize revenue before the cash has been collected when using "Cash Basis" accounting.
This is further explained below.
What is Cash Basis?Generally, The cash method of accounting, which is also known as cash-basis accounting, cash receipts and disbursements method of accounting, or cash accounting, records revenue and expenses based on whether or not they are paid in cash.
Other names for this method of accounting include cash accounting, cash-basis accounting, and cash receipts and disbursements method of accounting.
In conclusion, When utilizing "cash basis" accounting, companies record revenue even before they have received all of the cash necessary to pay for it.
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A ______ analysis is an assessment of the strengths, weaknesses, opportunities, and threats affecting the organization.
Strength analysis is an assessment of the strengths, weaknesses, opportunities, and threats affecting the organization.
With increasing competition in the business organization, there is always a need of assessment where the organization is heading, typical earning of profits are done or not and what changes are to be made to grab new opportunities existing in the market.
It helps to analyze strengths and policies that are to be changed to let one remain in the ups and downs of the market. It also helps to gather information about threats and convert them into something beneficial.
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