Ikea has core business values such as consciousness, constant desire for renewal, and accepting and delegating responsibility.
What are the core values in a company?The fundamental values of a company are the purposes that guide the attitudes of all members of the company. Additionally, these values are related to the common objectives, mission and vision of a company.
In the case of Ikea, it is a company that emerged in Sweden that has led the market for the sale of furniture and other household items that has stood out for its business values.
Among the most outstanding values of Ikea are:
TogethernessCaring for people and planetCost-consciousnessSimplicityRenew and improveDifferent with a meaningGive and take responsibilityLead by exampleNote: This question is incomplete because the options are missing. Here are the options:
A. Core values.
B. Missions.
C. Strategies.
D. Competencies.
E. Competitive Advantages.
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3.18 The diamond flowcharting symbol is also called the __________ symbol. a) determination b) derision c) declarative d) decision
Answer:
d) decision
Explanation:
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A country that does not implement quotas on imported products and does not limit what its citizens can produce and sell to another country is practicing _____.
A country that does not implement quotas on imported products and does not limit is practising free trade.
What is free trade?Free trade refers to an agreement between two or more countries, who come together to promote trade relation among themselves. These countries remove barrier or policies that could hamper import and export among member countries.
One of the advantages of free trade is that there is economic efficiency. This is because member countries are able to trade among themselves with any trade restriction.
Hence, a country that does not implement quotas on imported products and does not limit is practising free trade.
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According to the CVP analysis model and assuming all else remains the same, profits would be increased by a(n) ______. Multiple choice question.
Answer:
decrease in the unit variable cost
Explanation:
Top management sets the vision for the organization and may work with others to establish a mission statement that outlines its.
Top management sets the vision for the organization and may work with others to establish a mission statement that outlines its product or service offering.
What is product offering?Product offering is a group of platform features which work together in order to deliver a specific value proposition for the end user. It is designed to deliver value to customers in terms of fulfilling their needs.
With regards, to the above, after top management have made their vision and mission known to the organization, the next step is to outline the company's product or service offering.
Hence, top management sets the vision for the organization and may work with others to establish a mission statement that outlines its product or service offering.
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Answer:
product or service offering
self-concept
Explanation:
Julie stops at the grocery store to purchase detergent. Tide is her favorite brand, but if another detergent is less expensive, she buys it. This is an example of _____.
The less specific you are while writing your business messages, the greater the possibility that your readers will.
Not understand the messages or commands being given. They could choose to not ask for further information thus making it a higher chance they they will make a mistake.
Question 7 of 10
What is the main disadvantage of overdraft protection?
A. Banks usually charge a fee when it is used.
B. Banks take several days to process the transaction.
C. It keeps a check from being returned due to insufficient funds.
D. It requires customers to maintain a positive account balance.
Answer:
b because I would say in am 72% sure I am right
The purpose of _____ is to set goals and decide on the courses of action that will be used to achieve them.
Answer:
Planning
Explanation:
I think is the answer lmk if its wrong:)
Answer:
Planning
Explanation:
A low-cost provider strategy becomes increasingly appealing and competitively powerful when.
A low-cost provider strategy is said to be more increasingly appealing and competitively powerful only when it is difficult to achieve product differentiation in ways that have value to buyers.
What is Low-Cost Provider Strategy?A low-cost provider is known to be a method used when one aim or try to seeks to sell its products at the lowest price possible.
It is often done while still making a profit so that it can appeal to customers and make them to come to the market. It is known to often appeal to a broad market.
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Identify the stage of the rational decision-making process illustrated by the situation. Your goal was to capture at least 25% market share by the end of the year, but with six months to go you have only 15% market share.
Identify the problem
State the situational goal
Generate alternatives
Read this brief case study and answer the question that follows.
CASE STUDY
Your candy making company is at a crossroads. You have maxed out your current production capacity, but think that there may be a new opportunity in custom fruity nut caramel clusters that could be very profitable to the company. You think through your options, and decide that you would like to expand your company to include this high potential new product.
As the production line for the custom fruity nut caramel clusters is being implemented you realize that if you do it slightly differently than you originally decided you can produce 10% more candy every hour.
Choose an alternative
Evaluate alternatives
Control
Although you thought that paying high performers significantly more than low performers best motivated your employees, when you looked at the data you found that wide disparities in pay actually weakened trust among team members and the social connectivity that contributes to strong team- based decision-making.
Alternative generation
Choose an alternative
Evidence-based management
1. The stage of the rational decision-making process illustrated by the situation is B. State the situational goals.
What is rational decision-making?Rational decision-making involves the following seven steps:
Identify the decision (state the goals)Gather relevant informationIdentify the alternativesWeigh the evidenceChoose among the alternativesTake actionReview your decision.What is a situational goal?A situational goal concentrates on assessing individuals for their strengths, skills, and levels of maturity in achieving stated the goal.
Thus, stating the situational goals is one of the stages of the rational decision-making process.
2. When the candy-making company comes to a crossroads, with an expansion decision that changes midway, what you are doing is C. Control.
What is Control in Management?In management, control checks errors so that corrective actions are taken timely.
Implementing this function of management helps the organization to avoid deviations that can ruin the attainment of its goals.
3. Discovering that paying high performers significantly more than low performers weakened team trust and the essential social connectivity that contributes to strong team-based decision-making, means that you are using C. Evidence-based management style.
What is evidence-based management?Evidence-based management helps managers to embark on critical evaluation of the following factors concerning the evidence:
ValidityGeneralizabilityApplicability.Thus, the rational decision-making process involves choosing the best solution to a problem.
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A manager acting in the role of a resource allocator will Group of answer choices decide how resources will be distributed among various individuals and groups within the organization. identify the various suppliers the organization will utilize to acquire resources. choose the best resources to most effectively and efficiently produce the organization's product or service. verify the quality of resources that pass through the organization. determine how organizational resources will be released in the environment.
The best way to decide the allocation of resources is to ensure that it identifies the best resources required for it to produce quality products and services. The answer, thus, is C.
What is the Allocation of resources?Allocation of resources has been defined as the distribution or apportionment of a company's productive assets across various uses.
This is important because, usually, the uses are many but the resources are limited.
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DVDs at Target, Tee tried to remember the name of the action movie starring Harrison Ford as an archeologist so he could buy the DVD. Which step of the consumer decision-making process is this
The step of the consumer decision-making process which Tee made use of is:
e) Internal information searchWhat is Decision Making?This refers to the critical analysis which a person has to make about a particular thing which would help him to come to a conclusion and make a decision.
With this in mind, we can see that Tee made use of the consumer decision-making process to make him remember the name of the action movie which starred Harrison Ford and he used Internal information search.
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When a firm goes bankrupt, shareholders ______. Multiple choice question. can sue for loses cannot recover their risk capital are entitled only to a fraction of their investment are entitled to help pay off debtors owed money by the firm
In a case whereby a firm goes bankrupt, shareholders cannot recover their risk capital.
This is because they have loose alot in the investment.
What is Bankruptcy?Bankruptcy can be explained as legal process in which an organization that cannot repay debts to creditors may seek relief debts.
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Asking probing questions throughout an interview to find out what the applicant is like is called a/an:
The process of asking probing questions throughout an interview to find out what the applicant is part of an hiring process called Interviewing.
What is hiring process?An hiring process is also called recruitment process because its entails the process of choosing the quailified candidate out of total population/
In conclusion, the process of asking probing questions throughout an interview to find out what the applicant is part of an hiring process called Interviewing.
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Bianca is a product engineer at Argon Inc. She learns that the salary she receives is less than that received by the other product engineers in the company with similar qualifications and job experience as hers. As a result, she becomes unhappy with her compensation and feels demotivated. She later talks to her manager and asks for a raise. In this scenario, Bianca has experienced problems with _____.
In this scenario in which Bianca is unhappy with her remuneration and feels unmotivated, it can be said that she had problems with her internal equity.
Definition of internal equityIn a work environment, it means the form of treatment and equal remuneration of employees, whether related to salaries, benefits or internal relationship.
Therefore, in an organization with internal equity problems, there may be conflicts, demotivation and an increase in employee turnover, being essential the analysis and effective decision-making of the leader to solve this issue.
The correct answer is:
Internal equityFind out more about internal equity here:
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An ad for Colgate Visible White shows someone using the brand and getting whiter teeth. This is an example of
The advertisement by Colgate Visible White can be depicted as a cognitive learning.
What is cognitive learning?Cognitive learning simply means the change on knowledge attributable to the experience that the person has got.
It should be noted that the advertisement by Colgate Visible White can be depicted as a cognitive learning. Cognitive learning is an active process that engages the sense of the person.
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Flexible payments that change from month to month are referred to as: Multiple Choice budget variance. cash flow. fixed expenses. insolvency. variable expenses.
The Variable Expenses is an expense of flexible payments that change from month to month.
What is Variable Expenses?A variable expenses is an expenses that change over time such as sales commissions, direct labor costs, cost of raw materials etc.
Hence, the variable expenses is the expense of flexible payments that change from month to month.
Therefore, the Option E is correct.
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Seth's Speakers had actual sales of $1,630,000 If break-even sales equals $935,000, Seth's margin of safety in dollars is ______.
Answer: $695,000
Explanation:$1,630,000-$935,000 = $695,000
One of the challenges Uniqlo faced when moving to large cities in the United States was the expense of maintaining a building location in a downtown area that would be big enough to house all of the products it wanted to sell. This is an issue with:
The issue above, where expense of maintaining a building location in a downtown area serves as challenge that was faced by Uniqlo can be attributed to Capital requirements.
What is Capital requirements?Capital requirements can be regarded as the regulatory standards for banks, and this put them on check about how much liquid capital they must keep on hand.
Capital requirements is been used as a tool to tighten an economic after recession.
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What is an example of a critical tool most small businesses would use for marketing?
a company website
internet telephone
skyp
dropbox
Answer:
a company website
Explanation:
this is so they can post it everywhere and people use this a lot for small businesses and big companies.
The amount of money a consumer has left after paying for food, clothing, and shelter is referred to as:
The amount of money a consumer has left after paying for food, clothing, and shelter is referred to as Disposable Income.
What is disposable income?Disposable income is the excess income that remains after the consumer or income earner has paid for the necessities of life. The necessities of life include food, clothing, and shelter.
The consumer can use the disposable income to build up their budget and increase their savings.
Disposable income can be differentiated from discretionary income. Discretionary income includes the amount of income that the consumer can further spend, invest, or save after the payment of taxes and personal necessities.
Thus, the amount of money a consumer has left after paying for food, clothing, and shelter is referred to as Disposable Income.
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How frequently is the survey that determines unemployment released?.
The survey that determines unemployment is released every month
The survey that determines unemployment iGenerally, the survey that determines unemployment is collected every month in the Current Population Survey
In the USA,data is collected form 60,000 homes, this Census is done every month
Therefore, the survey that determines unemployment is released every month
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When supply goes up, price goes down and when price goes up, supply goes down. Products are elastic if price has a large impact on supply, they are inelastic if supply remains relatively constant due to fluctuations in price. This is call Answer: Demand of Supply Elasticity of Supply Neither
Answer:
A higher equilibrium price
A group of private wealthy investors who help entrepreneurs finance a new business by investing anywhere from $50,000 to $2 million are called _____.
a. miracle investors
b. angel investors
c. angel investors
d. rich investors
e. none of the above
Steve can bake either 4 loaves of bread or 8 dozen cookies a day. Sarah can bake either 4 loaves of bread or 4 dozen cookies a day.
a. Show the production possibilities frontiers for Steve and Sarah
b. Suppose trade is not allowed between Steve and Sarah and as a result, both Steve and Sarah spending half a day (12 hours) baking bread and the other half a day baking cookie. Show both the production and consumption bundles for Steve and Sarah on their respective PPFs, when trade is not allowed between Steve and Sarah.
c. Show, using production possibility frontiers in (a), that Steve and Sarah would be better off specializing in their baking activities and then trading, rather than baking only for themselves. Be specific and state the production and consumption bundles with trade
The production possibility frontier (PPF) of both Steve and Sarah per day is given in graph A.
Production and consumption bundle of Steve and Sarah on their respective PPF when trade is not allowed is given in graph B
Consumption of steve:
2 Loaves of bread and 6 cookies
Consumption of sarah:
2 Loaves of bread and 2 cookies
The opportunity cost of baking bread for steve:
4 Bread = 12 cookies
4 : 12
= 1 : 3
So,
1 Bread = 3 cookies
The opportunity cost of baking bread for Sarah:
4 Bread = 4 cookies
4 : 4
= 1 : 1
So,
1 Bread = 1 cookies
The opportunity cost of cookies for steve:
12 cookies = 4 Bread
3 cookies = 1 bread
1 cookie = 1/3 bread
The opportunity cost of cookies for Sarah:
4 cookies = 4Bread
1 cookies = 1 Bread
Recall, the lower the opportunity cost, the higher the comparative advantageTherefore,
Steve has a comparative advantage in producing cookies while Sarah has a comparative advantage in producing bread
Before trade:
Total consumption = 4 Bread 8 cookies
After trade:
Total consumption = 4 Bread 12 cookies
In conclusion, the economy is better off
What is production possibility frontier?The production possibility frontier also known as the production possibility curve is the graphical representation of possible combination of goods that can be produced by a producer at a particular time with the available resources.
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Please help meee!!
People who write their goals down are statistically _________ likely to achieve them than those who do not.
A. less
B. more
C. equally
D. slightly less
This is in Career
Answer:
B because you're moreَ motivated to reach it
Taco Bell fast-food restaurant does not chop the lettuce and tomatoes and grate the cheese used to make its menu items, but hires someone outside the restaurant to perform these tasks. By _____ these tasks, Taco Bell can keep its overhead low and concentrate its resources on taking customer orders and assembling food.
A. outsondling.
B. unbundling.
C. remarketing.
D. demarketing.
E. insourcing.
If the company hires someone outside the restaurant to perform these tasks. By outsourcing these tasks, Taco Bell can keep its overhead low and concentrate its resources on taking customer orders and assembling food.
What is outsourcing?Outsourcing can be defined as the way in which a company or an organization decide to employ someone from outside of their organization to work from them.
Example a company can decide to outsource a person to work for them if they have too many uncompleted tasks to complete or when they have limited staff.
Therefore we can conclude that outsourcing has to do with recruiting someone outside a workplace.
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If a wine company decides to focus its specialty of creating its products to rely on other business partners to fill in the supply chain gaps, which strategy is this wine company creating?.
When a wine company focuses on creating products while relying on other business partners to fill in the supply chain gaps, it is creating b. a channel strategy.
What is a channel strategy?A channel strategy involves the use of the commerce chain to reach the end-users of the wine company's goods.
The company is not using a marketing strategy, which is broader in outlook nor a pricing strategy, which is one of the marketing strategies.
Answer Options:a. a marketing strategy
b. a channel strategy
c. a pricing strategy
Thus, the wine company is using a channel strategy so that it can concentrate on its specialty of creating unique products instead of directly reaching out to consumers.
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What does it mean when your tax return says acknowledged.
Answer:
Acknowledged: Your return has been submitted and accepted by the IRS/state.
In supporting their local economic base, cities may at times incur expenses from doing business with entities located outside of their local community (e.g., in cities with high tourist activity, souvenirs are likely to come from low-wage countries). These expenses are an example of ______ from the local economy.
When cities incur expenses by doing business with entities outside of their economic base, these are called Leakages.
What are leakages?These refer to the flow of cash and resources out of a local economy to other economies.
When cities engage in business with entities from outside their economy, they would be passing on cash to those entities. This cash would therefore leave the local economy which makes it a leakage.
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