Social responsibility makes the environment much more friendly as well as enhances the bond between the company and the employees.
Who is a consumer?The person who purchases a thing or receives a service is known as a consumer. A consumer is essentially someone who pays for a good or service.
According to the chairman, he suggested that consumer not only seize the product but also sees how the environment, as well as the employees, are being treated at this point in time. This increased the company's social responsibility which impacted both the companies as well as the consumers.
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business management theory that you identify with, incorporating real life
Management theories are a series of thoughts that advocate common guidelines for how to control an organization or business. They tackle how supervisors put in force techniques to accomplish organizational dreams and how they inspire employees to operate at their best possible ability.
What concept can be used to give an explanation for and manage the operations of the business?Operations/business management theory encompasses the strategies companies appoint to extend efficiency in operations and production. To function efficiently, corporations ought to use the least amount of resources needed and try to meet the customer's requirements to the perfect feasible standard.
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Employees who are part of the chain of command that is responsible for achieving organizational goals.
Employees who are part of the chain of command that is responsible for Line managers (personnel). The first level of organizational management above the front-line employees is a line manager. They are responsible for their division or area of the company.
They oversee and assess each employee's contribution, performance, and development when managing one or more employees. An employee who directly oversees other workers and business operations while reporting to a senior management is known as a line manager. Supervisor, section leader, and organizational leader are comparable positions that are frequently utilized. They are tasked with achieving company objectives in a particular functional area or business sector.
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The art of sales is never more obvious than in a late-night infomercial. Tell about one infomercial that you have seen and what tactics the salesperson used to get the audience to buy their product. See if you can find a link to it online and post the link with your comment as well. Did watching the salesperson make you want to buy? Do you think you would be able to do the same marketing job as the salesperson? Explain the skills that would be needed to be successful in the Sales & Marketing career cluster. NEED ANSWER ASAP
An infomercial that I have seen and the tactics used is the infomercial use of a father and son. They were dress in native attire and they linked the drink they are advertising to their cultural practice.
Yes, I Did watch the salesperson and it make me want to buy because of the father and son bond shown.
Yes, I do think you would be able to do the same marketing job as the salesperson.
What skills necessary for success in the field of sales and marketing?They are:
A positive attitude is a sign of confidence. Conviction in speech is a sign of resilience. Knowing your customers' needs through active listening.Building relationships and promoting your personalityNote that Speaking and listening skills are necessary for sales reps and agents in order to effectively communicate with customers. Finding the ideal product for the customer and closing the sale depend on understanding their needs.
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Answer:
An infomercial that I have seen and the tactics used is the infomercial use of a father and son. They were dress in native attire and they linked the drink they are advertising to their cultural practice.
Yes, I Did watch the salesperson and it make me want to buy because of the father and son bond shown.
Yes, I do think you would be able to do the same marketing job as the salesperson.
What skills necessary for success in the field of sales and marketing?
They are:
A positive attitude is a sign of confidence.
Conviction in speech is a sign of resilience.
Knowing your customers' needs through active listening.
Building relationships and promoting your personality
Note that Speaking and listening skills are necessary for sales reps and agents in order to effectively communicate with customers. Finding the ideal product for the customer and closing the sale depend on understanding their needs.
Explanation:
Marissa is going back to work after taking 10 years off to raise her children. She is starting her job search process and is trying to write a new résumé so that she can apply to jobs. What résumé format should Marissa use?
a.
Chronological
b.
Functional
c.
Web
d.
Electronic
Answer:
functional
after ten years of not working with the company, you need to make them realise you still need the job
One of the three basic functions performed by the Equal Employment Opportunity Commission is:
A) Mission statement assessment
B) Developing diversity management plans
C) On-the-job training
D) The creation and updating of universal job descriptions and job specifications
E) Mentoring assessment
One of the three basic functions performed by the Equal Employment Opportunity Commission is D) The creation and updating of universal job descriptions and job specifications.
What is the function and the purpose of Equal Employment Opportunity Commission?The function and the purpose that can be attributed to the Equal Employment Opportunity Commission is that it help top bring an end to the discrimination that is been done by the employer in the process of giving employment to the public, however this discrimination could be base on the factor such as race as well as age and nationality.
It should be noted that this act actually help so many people that could not secure a job for themselves as a result of how those employer do discriminate on the people before giving out the appointment letter without considering about the qualification of the applicants and after this people were happy to get job.
Therefore, option D is correct.
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Identify the dangers posed by Machiavellianism.
In her efforts to help marginalized people gain technical and business experience, how was Felecia Hatcher’s progression similar to business growth and grand expansion?
Felecia Hatcher's progression is similar to business growth and big expansion because she helps small businesses grow organically with the help of a support network made up of other micro-businesses.
What does the text talk about?The text describes how Felecia Hatcher, from her youth, had a talent for developing productive projects and finding support from investors to turn a small business into a real company. Later, she became an entrepreneurial leader who set out to help small businesses in Miami find investors and grow their businesses. Felecia's main purpose was to grow businesses for underserved people in Miami.
How is Felecia's progression similar to business growth and big expansion?Felecia's progression resembles commercial growth and great expansion because it is contributing to the growth of micro-enterprises, this includes the commercial growth of micro-enterprises that will be able to offer their products to a greater number of people.
On the other hand, they will experience structural growth because they will have the support of other microentrepreneurs and partners with capital who will provide them with economic support, generating their growth and expansion.
Note: This question is incomplete because there is some information missing. Here is the complete information:
Text: Fostering Entrepreneurship in "Innovation Deserts"
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What is one way a person can increase the wages he or she expects to earn?
A. By advocating against minimum wage regulations
• B. By increasing overall productivity in a year
C. By choosing a job with a low market value
• D. By deciding not to get a high level of education
SUBMIT
Answer:
Your answer is B) By increasing overall productivity in a year
Explanation:
I would say A, but it says expects to earn, not actually earn. A human normally expects extra credit or reward for doing more work. As for the others, it's common sense that you don't do that.
Thus, the answer is B.
describe the roles organizations have in the global economy
Their duties include upholding safety standards, assisting developing nations in achieving economic stability, and defining conventions for how nations negotiate trade deals and settle disputes.
This is further explained below.
What is the global economy?Generally, The term "global economy" refers to the aggregate of all economic transactions and activities that take place not just inside a country but also between nations.
Every nation is its own self-contained entity, complete with its own unique output of manufactured goods, labor market, financial market, resources, and natural environment.
In conclusion, Their responsibilities include preserving safety standards, supporting developing countries in attaining economic stability, and creating conventions for how states negotiate trade agreements and resolve disputes.
In addition, they are tasked with assisting in the resolution of disputes.
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If property is converted from personal-use property to business property, the depreciable cost basis is which of the following? Multiple Choice
The foundation for converting the personal property to commercial use is the lesser of the conversion's fair market value or the conversion's cost.
What happens to the depreciable cost of personal-use property converted to the business property?The basis for personal property used for business purposes is the lowest of the fair market value at the moment of conversion or the purchase price plus any upgrades or additions, less any casualty losses that have been subtracted up until the conversion.
You must assign the basis if the acquisition price of the property includes both depreciable and non-depreciable items (for instance, land and a building), or if you utilize the property for both commercial and private purposes.
Purchase of a structure and land in one transaction. It is common for a company to buy both property and an office building. In certain situations, the building is only responsible for paying a fraction of the fee.
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How are property rights connected to economic growth?
Public companies have limited liability. Is this true or false ?
Answer:true
Explanation:
Identifying accurately the resources required to start a business venture, including all the activities and processes in the business, is best accomplished by
a. making financial assumptions.
b. defining a launch strategy.
c. positioning a venture in the value chain.
d. constructing a business process map.
e. creating a timeline.
Building a business process map helps you accurately identify the resources needed to start a business venture. Option d is correct.
What is a business process map?It corresponds to a tool that allows organizations to have a visualization in the form of graphics of all activities and processes developed within the company.
Through process mapping, it is possible to increase understanding of the necessary steps for the development of products, processes and services, so that the organizational flow occurs as planned.
Therefore, the mapping of processes helps to identify the resources necessary to start a commercial enterprise by allowing the visualization of the resources necessary for all the stages and processes that the company will go through to reach its objectives and market goals.
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If sales amount to $150,000, rent expense is $2,000, utilities expense is $3,000, and net income is $55,000, how much is Cost of Goods Sold (calculate and explain)?
Answer:
COGS = $90,000
Explanation:
If sales amount to $150,000, rent expense is $2,000, utilities expense is $3,000, and net income is $55,000, how much is Cost of Goods Sold (calculate and explain)?
net income = sales - COGS - rent expense - utilities expense
do some basic algebra to get COGS by itself on one side of the equation:
COGS = sales - rent expense - utilities expense - net income
COGS = 150,000 = 2,000 - 3,000 - 55,000
COGS = $90,000
Which is the correct order of entities who benefit when banks make a profit
1. employees, shareholders, and the economy
2. shareholders, shoppers, and the economy
3. employees, companies, and the economy
4. shareholders, companies, and the economy
4. shareholders, companies, and the economy
When a bank makes money, it must first distribute its dividend in accordance with the percentage of ownership held by its shareholders. Following that, firms might borrow money to grow their operations using the quantity of earnings.
Issue of money in the form of banknotes and electric current accounts subject to check or payment at the customer's request are two examples of the banks' economic functions. These bank claims have the same value as money since they are negotiable or repayable upon demand.
Banks give money to common business and personal borrowers (borrowers with average credit quality), but they also have stringent credit standards. The bank's assets have been diversified, which has improved things and given it a cushion to absorb losses without going into default.
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tax is one example of progressive tax?
a. Property
b. Income
C. Excise
D. Sales
Answer:
Income
Explanation:
It rises with income or something like that
Work in process inventory on December 31 is $42,000. Work in process inventory decreased by 40% during the year. Total manufacturing costs incurred amount to $260,000. What is the cost of goods manufactured?
The manufactured cost of items was $288,000 dollars.
The entire manufacturing expenses for items that are completed during a certain accounting period are the cost of goods manufactured. The direct labor, direct materials, and manufacturing overhead costs for the items that are transferred from the production line to the finished goods stock are covered by these costs.
Work in progress inventory on Dec 31 = Ending work in process = $42,000
Work in process decreased by 40% during the year
Hence ending work in process inventory is equal to 60%
Opening work in process inventory = Ending work in process × 100 ÷ 60
= $42,000 × 100 ÷ 60
= $70,000
Total manufacturing cost = $260,000
Cost of goods manufactured = Opening work in process + Total manufacturing cost - Ending work in process
= $70,000 + $260,000 - $42,000
= $288,000
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Describe how you would go about evaluating what content—images, words, video—you can use in a way that complies with copyright laws.
To assess what content you can use in compliance with copyright laws, is to identify if there is any information about permissions, if not, contact the owner to request a permission agreement.
What is copyright?It is a set of US laws to protect intellectual and creative works such as books, music and videos. This law aims to protect the owner and his work by providing him with the right to use, distribute and license his work.
Therefore, copyright law is important to encourage the production of intellectual works and must be complied with by all individuals who wish to use third-party work for a certain purpose.
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Warner Company’s year-end unadjusted trial balance shows accounts receivable of $112,000, allowance for doubtful accounts of $730 (credit), and sales of $410,000. Uncollectibles are estimated to be 1.50% of accounts receivable.
1. Prepare the December 31 year-end adjusting entry for uncollectible.
2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $950?
If the uncollectible are estimated to be 1.50% of accounts receivable. The December 31 year-end adjusting entry for uncollectible is: Debit bad debts expense $950 ; Credit Allowance or doubtful accounts $950
Adjusting entry for uncollectiblea. Adjusting entry
Using this formula the uncollectible amount
Uncollectible amount = ( Accounts receivable × Uncollectible percentage ) - Allowance for doubtful accounts
Let plug in the formula
Uncollectible amount = ( $112,000 x .015) - $730
Uncollectible amount = $1,680 - $730
Uncollectible amount = $950
The adjusting entry for uncollectible is :
Debit bad debts expense $950
Credit Allowance or doubtful accounts $950
b. Adjusting entry
Using this formula the uncollectible amount
Uncollectible amount = ( Accounts receivable × Uncollectible percentage ) - Allowance for doubtful accounts
Let plug in the formula
Uncollectible amount = ( $112,000 x .015) + $950
Uncollectible amount = $1,680 + $950
Uncollectible amount = $2,630
The adjusting entry for uncollectible is :
Debit bad debts expense $2,630
Credit Allowance or doubtful accounts $2,630
Therefore the entry is to Debit bad debts expense for the amount of $950 and Credit Allowance or doubtful accounts for the amount of $950.
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Discuss how SOX affects the operations of an ERP system.
The security requirement of SOX is twofold: (1) get entry to confidential monetary facts needs to be restrained to handiest a select few authorized individuals inside the device and (2) monetary records should best be brought or edited through those legal persons to make sure that the statistics are valid.
In step with White, SOX forced public companies to address war-of-interest troubles inside the hiring of auditors by empowering audit committees to supervise the control of those auditors who had been introduced on operations.
The act implemented new guidelines for groups, inclusive of placing new auditor requirements to reduce conflicts of interest and transferring duty for the complete and correct dealing with economic reports.
To discourage fraud and misappropriation of corporate property, the act imposes harsher penalties for violators.
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Problem 8-12 (Algo)
A toy manufacturer produces toys in five locations throughout the country. Raw materials (primarily barrels of powdered plastic) will be
shipped from a new, centralized warehouse whose location is to be determined. The monthly quantities to be shipped to each location
are the same. A coordinate system has been established, and the coordinates of each location have been determined as shown.
Determine the coordinates of the centralized warehouse. (Round X and 9 to 1 decimal place.)
Location
A
6
C
D
E
(x,y)
5,8
X=
8,5
8,6
8,8
6,8
Click here for the Excel Data File
The coordinates of the centralized warehouse are
[tex]\mathrm{x}^{-} \mathrm{x}^{-}=5.6, \mathrm{y}^{-} \mathrm{y}^{-}=4.8[/tex]
This is further explained below.
What is a manufacturing account?Generally, The manufacturing account provides details on all of the expenditures and costs that were spent throughout the process of preparing the items for sale in the marketplace. This comprises costs incurred throughout the process of preparing the items but does not include costs associated with the completed products.
The primary objective of compiling a Manufacturing Account is to ascertain the expenses associated with the production of completed items. It contributes to the reduction of the overall costs associated with industrial operations. After that, the funds for the expenses of completed items are sent from this account to the Trading Account.
An internal financial statement known as a Manufacturing account is used by enterprises in order to keep tabs on their production expenses, the resources that are utilized, and their inventory levels.
In conclusion, The placement of the main warehouse needs to be chosen such that it is in the center of gravity.
The following are the coordinates to use:
[tex](\frac{(2+8+8+4+6)}{ 5}),(\frac{(7+3+8+1+5}{5})[/tex]
So,
[tex]x^{-} x^{-}=28 / 5, y^{-} y^{-}=24 / 5[/tex]
in integer terms :
[tex]\mathrm{x}^{-} \mathrm{x}^{-}=5.6, \\\\\mathrm{y}^{-} \mathrm{y}^{-}=4.8[/tex]
Hence
[tex]\mathrm{x}^{-} \mathrm{x}^{-}=5.6, \mathrm{y}^{-} \mathrm{y}^{-}=4.8[/tex]
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According to the acquired needs theory, the need for power refers to the desire to:
According to the acquired needs theory, the need for power refers to the desire to an influence or control others and have authority over others.
What is the acquired needs theory?The phrase "Acquired needs theory" is a term created by a psychologist David McClelland, the theory is also known the McClelland's Needs Theory, Three-Needs theory, Achievement Motivation Theory or Learned Needs theory.
This psychological theory is based on the notion that people's needs are acquired as they live their lives or through experiences of life. It also emphasize that the needs are derived from the reaction to the stimuli in the external environment.
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Consider a company, which stock is currently trading at €8.00. The company has just paid a
dividend of €0.30 per share. You expect the dividend to increase by 10% for the next two years and then
increase by 5% per year forever. Suppose that your required return in case of this company is 8%.
Estimate the value of this company’s stock by using a two-stage Dividend Discount Model and judge
whether this company’s stock is undervalued, fairly valued, or overvalued.
The value of the company's stock using the two-stage dividend model is $11.51.
The stock is undervalued.
What is the value of the stock?The two-stage dividend growth model is used to determine the intrinsic value of a stock based on the assumption that the stock has two distinct stages of growth. The first is a period of fast growth and the second stage is the period of more stable growth.
The first step is to determine the future value of the dividend in the first stage:
Divided value in year 1 = 0.30 x 1.1 = 0.33
Divided value in year 2 = 0.30 x 1.1² = 0.363
Value of the dividend in the period of 5% indefinite growth : 0.362 x 1.05/ (0.8 - 0.5) = 12.705
The next step is to determine the present value of these cash flows:
0.33 / 1.08 + 0.363 / 1.08² + 12.705 / 1.08² = $11.51
If the intrinsic value of the stock is greater than the price at which the stock is trading, the stock is undervalued. If the intrinsic value is less than the price at which the stock is trading, the stock is overvalued.
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This résumé format focuses on the tasks or skills that an applicant can perform:
a.
Chronological
b.
Functional
c.
Electronic
d.
Scannable
The functional resume format focuses on the tasks or skills that an applicant can perform. Thus, option D is correct.
What is a resume?A resume can be defined as a document with suggestions that the details of a particular person, especially an applicant, are being mentioned. It usually defines the person's career information as well as some personal background. Also, if they have taken any courses or have had any experience, all of this is mentioned in a resume.
A functional resume can be defined as a resume whose purpose is to focus on the skills of a person. The primary focus is on the skill that a person processes.
Therefore, option D is the correct option.
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“Are you looking for a rewarding opportunity in management?”
The above statement is taken from a job advertisement. If Jessica is tailoring her résumé to this advertisement, which of the following words should she include, because it is most likely a keyword?
a.
looking
b.
rewarding
c.
opportunity
d.
management
Answer:
D
Explanation:
thanks for the points
correct meh if its wrong
Management words should she include, because it is most likely a keyword. In order to achieve desired goals and objectives, a person or group of people must be challenged and managed opportunity , according to the concept of management.
Furthermore, the capacity to organize, supervise, and guide people is a component of management. Business management is the organization and coordination of commercial activity. Managers of businesses keep an eye on operations and help employees be as productive as possible. By managing or opportunity new employees, a manager can help a business achieve its operational and financial objectives. Management is the art of increasing productivity as a social process, a way to accomplish tasks with the help of others.
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Which statement(s) about the accrual-based method of accounting are true? Select all that apply.
A. Revenue is recognized when a customer places an order
B. Revenue is recognized when payment is received
C. Expenses are recognized when the cash leaves the bank account
D. Revenue is recognized when earned
B. Revenue is recognized when payment is received is true about the accrual based method. When the payment is received then only it is recorded.
What is the accrual accounting?
A corporation can use accrual accounting, a financial accounting technique, to record revenue before receiving payment for goods or services sold and expense data as it is incurred.
In other words, regardless of when money changes hands, the revenue made and expenses incurred are recorded in the company's journal. Cash basis of accounting, which records revenue when the products and services are actually purchased, is sometimes contrasted with accrual accounting.
According to the accrual accounting technique, revenue or expenses are recorded when a transaction takes place rather than when a payment is paid or received.The matching principle, which states that revenues and expenses should be recognized in the same period, is followed by the approach.Double-entry accounting is used in accrual accounting.Companies having average annual revenues of $25 million or more over three years are required to use accrual accounting.The alternative accounting approach is called cash accounting, and it only records transactions when money is exchanged.To know more about accrual accounting, refer:
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Select the correct text in the passage.
What are some inadvertent effects of technology?
Technological innovation - A Boon or Bane
Technological innovation has changed the way work is done in an office today. It has affected our society and altered the way we lead our lives.
There is no doubt that advancement in modern technology has improved work efficiency. It has also increased idle time of workers.
We are now connected to the world virtually. It is also true that we are now spending more time visiting social networking sites, rather than our friends
and family.
The inadvertent effects of technology is the technological innovation has changed the way work is done in office today. It has affected our society and altered way we lead our lives.
What is technology?Technology is the systematic and repeatable application of knowledge to achieve practical objectives. The result of such an effort is sometimes referred to as technology. The use of technology is pervasive in many areas, including daily life, science, industry, communication, and transportation. Both real things like machines or utensils and intangible tools like software are considered technologies.
Numerous technological developments have brought about societal transformations. The earliest technology that has been identified is the stone tool, which was employed in the prehistoric past. This was followed by the use of fire, which helped fuel the Ice Age expansion of the human brain and the emergence of language.
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Answer:
The answers are:
"It has also increased idle time of workers."
and
"It is also true that we are now spending more time visiting social networking sites, rather than our friends and family."
Explanation:
correct on plato
Shareholders' Equity ($ in millions)
Common stock, 240 million shares at $1 par $ 240
Paid-in capital—excess of par 1,680
Paid-in capital—share repurchase 1
Retained earnings 1,100
Prepare the entries for both the purchase and subsequent resale of the shares assuming the shares are (a) retired and (b) viewed as treasury stock.
On November 14, 2023, the corporation sold 2 million shares at $7 per share.
2. Prepare the shareholders’ equity section of TNL Systems’ balance sheet at December 31, 2023, comparing the two approaches. Assume all net income earned in 2021–2023 was distributed to shareholders as cash dividends.
1. The journal entries for the purchase and subsequent resale of the shares assuming the shares are:
a) Retired:Feb. 5, 2021, Debit Common Stock $6 million
Debit Paid-in capital $54 million
Credit Cash $60 million
July 9, 2021, Cannot be resold.
Nov. 14, 2023, Cannot be resold.
Treasury Stock:Feb. 5, 2021, Debit Treasury Stock $6 million
Debit Paid-in capital $54 million
Credit Cash $60 million
July 9, 2021, Debit Cash of $24 million
Credit Treasury Stock $2 million
Credit Paid-in capital of $22 million
Nov. 14, 2023, Debit Cash of $14 million
Credit Treasury Stock $2 million
Credit Paid-in capital of $12 million
2. The preparation of the shareholders' equity section of TNL Systems' Balance Sheet on December 31, 2023:
Viewed as Retired Stock:
Shareholders' Equity ($ in millions):Common stock, 240 million shares at $1 par ($240 - 6) $234
Paid-in capital—excess of par (1,680 - 54) $1,626
Paid-in capital—share repurchase 1
Retained earnings 1,100
Viewed as Treasury Stock:
Shareholders' Equity ($ in millions):Common stock, 240 million shares at $1 par $240
Paid-in capital—excess of par (1,680 - 54 + 22 + 12) 1,660
Paid-in capital—share repurchase (1 + 7 - 2 - 2) 4
Retained earnings 1,100
What is treasury stock?Treasury stock is the shares repurchased by the issuer from stockholders.
When shares are repurchased, they can be retired permanently, that is, removed from the company's records, or they can be held as treasury stocks and subsequently resold.
Transaction Analysis:Retired:Feb. 5, 2021, Common Stock $6 million Paid-in capital $54 million Cash $60 million
July 9, 2021, Cannot be resold.
Nov. 14, 2023, Cannot be resold.
Treasury Stock:Feb. 5, 2021, Treasury Stock $6 million Paid-in capital $54 million Cash $60 million
July 9, 2021, Cash $24 million Treasury Stock $2 million Paid-in capital $22 million
Nov. 14, 2023, Cash $14 million Treasury Stock $2 million Paid-in capital $12 million
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Question Completion:On February 5, 2021, TNL Systems purchased 6 million shares at $10 per share.
On July 9, 2021, the corporation sold 2 million shares at $12 per share.
On November 14, 2023, the corporation sold 2 million shares at $7 per share.
In cell D13, use the keyboard to enter a formula that uses the SUM function to calculate the total of the values in range D4:D11
To add in Excel we must use the following formula =SUM (cell name: cell name).
How to add in Excel?In the Microsoft Excel computer program we have the possibility to add the values of different cells using a formula. To perform a sum we can use the following formulas:
We must put the equal symbol (=), then write "SUM" and put in parentheses the names of the cells that we want to include in the sum, for example:=SUM(A2:A10), with this formula we will add the values of cells A2:10.On the other hand, we have the possibility of adding the cell values of different rows with the following formula:
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