If fewer fans watch baseball games, the market value of professional baseball players would fall.
What is the impact of fewer fans watching baseball games?If fewer fans watch baseball games, the income earned from selling baseball tickets would decline as less tickets would be sold.
As a result of the reduced income from the sales of baseball tickets, the income that processional baseball players would earn would decline. This would decline their market value.
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In a perfectly competitive market, at the market price, buyers
Answer:
Buyers must accept the price that is determined by the market.
Explanation:
Perfectly competitive markets are characterized by large numbers of buyers and sellers who cannot influence market prices.
Which "unwritten" skill did the Harvard Business Review consider essential to being promoted on the job?
The skill that's considered essential to being promoted on the job is strategic thinking.
What is strategic thinking?Strategic thinking simply means a form of critical thinking. It simply has to do with seeing the bigger picture.
It is an unwritten skill that the Harvard Business Review consider essential to being promoted on the job. It's about putting thoughts to action.
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Financial statement data at December 31 for Alpine Company are as follows: Cost of goods sold$1,050,000 Inventories: Beginning of year380,000 End of year320,000 Determine the number of days' sales in inventory for the year. a.121.7 days b.132.1 days c.118.8 days d.111.2 days
The number of days' sales in inventory for the year is: a.121.7 days .
Number of days' sales in inventoryUsing this formula
Number of days' sales in inventory=Average inventory/ Cost of goods sold×365
Let plug in the formula
Number of days' sales in inventory = [$380,000 + $320,000) / 2]/$1,050,000 ×365
Number of days' sales in inventory=($700,000/2)/$1,050,000 × 365
Number of days' sales in inventory=$350,000/$1,050,000×364
Number of days' sales in inventory=121.66 days
Number of days' sales in inventory=121.7 days(Approximately)
Inconclusion the number of days' sales in inventory for the year is: a.121.7 days .
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Starbucks is opening a location in China every 15 hours, and just opened its largest location in the world in Shanghai. Which method of international expansion is Starbucks utilizing
Because Starbuck just opened its largest location in the world in Shanghai, then, the method of international expansion that the firm is utilizing is known as a wholly-owned subsidiaries.
What is called a wholly-owned subsidiaries?
A wholly-owned subsidiaries refers to business entity whose ownership interest owned by the parent company.
In conclusion, in this case, the method of international expansion that the firm is utilizing is known as a wholly-owned subsidiaries
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Harper Electronics Corp. was forced to pay off the government representative of the foreign country before Harper Electronics was allowed to do business there. Which type of factor affected the company's cost of doing business
The factor that affected the company's cost of doing business based on having to pay a government official off is a Political factor.
What are political factors affecting business?These relate to the impact of the government of a nation on a business venture. Includes taxes, relevant laws, and payments to the government.Paying off the government of a nation to engage in business therefore falls under the political factor because it involves dealing with the government of the nation.
In conclusion, this is the political factor.
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true or false?
individuaIs in an organization are expected to primariIy work on their own personaI goals.
Answer:
TRUE ⁱ ᵍᵘᵉˢˢ
Explanation:
They include specific, day-to-day operational tasks needed to run a business and that help drive scalability and business growth. Key organizational goals can also include employee and management performance, productivity, profitability, innovation, market share and social responsibility goals.
10.Is service and quality likely to be better in an industry dominated by a monopoly or in a perfectly competitive industry
The service and quality is likely to be better in an industry dominated by perfectly competitive industry.
What takes place in a perfectly competitive industry?In a perfect competition, a lot of firms do produce identical products and also majority of the firms are known to be price-takers.
This industry is one where all firms have a a part of small market share and the buyers are said to know the nature of the product that is said to being sold.
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Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The number of blankets that must be sold to achieve the target profit is ______. Multiple choice question.
The number of blankets that must be sold to achieve the target profit is 40,000 blanket.
What is a target profit?
A target profit refers to a preset goals of achieving a certain level of profit in particular year
Number of blankets to sold = ($520,000 + $320,000) / $21
Number of blankets to sold = 40,000 blanket
In conclusion, the number of blankets that must be sold to achieve the target profit is 40,000 blanket.
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A business model in which companies can obtain a large part of their revenues by selling a small number of units from among almost unlimited choice is referred to as
A business model in which companies can obtain a large part of their revenues by selling a small number of units from among almost unlimited choice is referred to as long tail.
What is a long tail?The long tail is known to be a business strategy that gives room for firms to realize good profits by selling low volumes of hard-to-find items to a lot of customers.
Long tail keywords are known to be a phrases with words that have longer counts.
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Cathlene runs a cake shop. Her primary goal is to set up the largest chain of cake shops in the city. Another goal of Cathlene's is to sell 400 cakes in December. In this scenario, Cathlene's goal of selling 400 cakes in December is an example of a _____.
Based on the given scenario, we can see that because Cathlene runs a cake shop and wants to achieve her primary goal through the use of smaller goals is known as:
Proximal GoalWhat is Proximal Goal?This refers to the use of smaller goals to try and achieve a short target as they can be achieved in a short time frame.
With this in mind, we can see that the use of smaller goals to produce 400 cakes in December by Cathlene is known as the use of proximal goal because it can be done in a short period of time.
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Benny's Baos had an edge in the market, but other companies began to enter the market. Benny is now losing customers even though he has launched an aggressive marketing campaign in an attempt to attract customers. Benny's Baos is likely in the ______ stage of the industry life cycle.
Since the company is losing customers despite aggressive marketing campaign, then, it is most likely in the decline stage of the industry life cycle
What is an industry life cycle?The industry life cycle is a cycle that depict the an industry based based on the business characteristics in different phases.
The phases of the industry life cycle includes:
introductiongrowthmaturitydecline stages.In conclusion, because the company is losing customers despite aggressive marketing campaign, then, it is most likely in the decline stage of the industry life cycle.
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Stacey is writing up rules for how to answer the phone at the new office. These rules are given
to anyone on the team who will be answering the phone. Which of Fayol's five functions does
this fulfill?
Because there are writing rules for how to answer the phone at the new office, these rule does fulfill the function of Command because enforce the staff to answer call in a certain way.
What are Henry Fayol's 5 function?The function of management established by Henry Fayol's includes Planning, Organizing, Command, Coordination and Control.
Hence, since there are writing rules for how to answer the phone at the new office, these rule does fulfill the function of Command because enforce the staff to answer call in a certain way.
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Mark Ghermizian had quit his job and was looking to start a small business so he could be his own boss. When he read that people spend up to fifteen minutes every day staring at a bathroom stall door, he decided he would find advertisers who wanted to pay to have their advertising messages on bathroom stall doors. Since he has his idea, Ghermizian's next step is to: ___________
a) determine if he has the right personality to run a business
b) choose a form of business organization
c) create a name for his business
d) get financing for his new business
e) create prototype ads
The choosing of form of business organization should be the next step of Ghermizian since he already has his business idea.
What are form of business organization?The form of business organization ranges from establishing a business in form of a sole proprietorship, partnership, corporation, Limited Liability Company etc
Hence, the next step of Ghermizian should be choosing of form of business organization.
Therefore, the Option B is the next step.
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Select all that apply Among the benefits businesses provide to their communities are: Multiple select question. higher taxes required for fire and police protection goods and services jobs tax payments
The benefits that a business brings to the community are:
Goods and services Jobs Benefits of businessesBusinesses provide goods and services to the community that they are located in. This improves the welfare of that community as they would be able to consume more goods and services.
The business will also need to hire people from the community to work which means that it provides employment as well.
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in which type of political system would you expect a person to live in grinding poverty for years
After posting the adjusting entry to record revenues for which the seller has performed of its obligations but has not yet collected, which account will be increased?.
The account receivables must be increased after which the adjusting entry to record revenues has been posted provided that the seller has performed its obligations but not yet received.
What are account receivables?Accounts receivable is the amount of money owing to a company for products or services provided or utilized but not yet paid for by consumers.
Accounts receivables are indeed a current asset on the balance sheet.
Therefore, we can conclude that the account receivables must be increased after which the adjusting entry to record revenues has been posted provided that the seller has performed its obligations but not yet received.
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what is the purpose of the trade union?
What form of sustainable entrepreneurship focuses specifically on actions that appear to further some social good, beyond the interests of the firm and that which is required by law, and often denotes societal engagement of organizations?.
Corporate Social Responsibility focused specifically on actions that appear to further some social good and beyond the interests of the firm
What is Corporate Social Responsibility?The Corporate social responsibility is a concept that states that all company should self-regulate its actions and be socially accountable to its customers, stakeholders, and the world at large.
In conclusion, the Corporate Social Responsibility focused specifically on actions that appear to further some social good and beyond the interests of the firm
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True or false: Without knowing the future, it is best to have a cost structure with high variable costs.
Answer:False
Explanation:It is not obvious which cost structure is better, both have advantages and disadvantages
False- without knowing the future, it is best to have a cost structure with high variable costs.
What is cost structure?The types and proportional distributions of fixed and variable costs that an organization incurs are referred to as cost structure. Smaller definitions of the notion are possible, for example, for each product, service, product line, client, division, or geographical area. If you are utilizing a cost-based pricing approach, cost structure is used as a tool to calculate prices as well as to highlight areas in which expenses may be lowered or at the very least subjected to greater control. The cost structure notion is therefore exclusive to management accounting and does not apply to financial accounting.
The totality of the many fixed and variable cost kinds that go into a business' overall expenses is known as its cost structure. Cost structures are used by businesses to determine pricing and pinpoint areas where costs might be cut.
What is variable cost?A variable cost is an expense for the company that varies depending on how much is produced or sold. Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
An expense that fluctuates in relation to production output or sales is referred to as a variable cost. Variable costs rise in response to rising production or sales, and fall in response to falling output or sales. Fixed costs, in contrast to variable costs, are unaffected by changes in production or sales volume.
Any business's overall expenses are made up of both variable and fixed costs. Sales or production output determine variable costs. Per unit produced, the variable cost of production is a fixed sum. Variable costs will rise as output and production volume do as well. On the other hand, the variable costs related to production will therefore go down if fewer products are created.
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How did some of your initial decisions (job, health insurance, where to live) impact the rest of your month in ways you did not expect?
Our initial decisions in the job, health insurance, or where to live either have a positive impact or negative impact on our overall health status to the rest of the months in a way we did not expect.
What are Decisions?Decision-making is defined in psychology as the intellectual and mental process that leads to the choosing of a belief or a plan of action from among multiple available alternatives.
However, our initial decision, i.e. our first decision in deciding
The kind of job we chose, Our health insurance,Where to live,Has either a positive or negative impact on our overall health and mental status for the rest of the months in a way we did not expect.
This is because if we engage in a job we did not like to do or the gross income is low, it will affect the rest of our natural life negatively.
Similarly, if the place we chose to reside is far away from our workplace, the stress might be too much during the process of getting down to the workplace.
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Answer:
it impact cause it will be frustraded and sometimes proud.
Explanation:
According to the Bureau of Labor Statistics, how fast are jobs in the computer and information technology industry expected to grow? faster than average average slower than average little or no change.
Answer:
Faster than Average
Explanation:
Employment in computer and information technology occupations is projected to grow 13 percent from 2020 to 2030, faster than the average for all occupations. These occupations are projected to add about 667,600 new jobs.
Answer:
faster than average
a
Explanation:
T/F: The efficiency of a multi-step process is always greater than the efficiency of its least efficient component. true false
It should be noted that efficiency of a multi-step process is always greater than the efficiency of its least efficient component.
What is multi-step process?multi-step process can be regarded as the process involving series of steps as well as components so that high efficiency can be achieved.
In a multi-step process, there is usually a capital intensive in getting the components together but the output is more reliable.
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In a bank reconciliation, an outstanding check is ______.
Answer:
In a bank reconciliation, an outstanding check is ______. Deducted from the bank balance.
What inventory management procedure helps a firm to control inventory costs?.
Just-in-time (JIT) inventory management is the procedure which helps a firm to control inventory costs.
What is Inventory?These are the goods and services which a company hold for the purpose of resale or production.
Just-in-time (JIT) inventory management helps companies to control inventory costs because raw materials are supplied according to production schedule thereby reducing risks such as dead stock etc.
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Answer:Implementing a just-in-time Inventory control Method.
Explanation:
Which activity would most likely damage your credit report?
A. Having several credit cards, but never using them
B. Staying in the same job for several years
C. Not applying for any credit cards
D. Paying all of your bills on time
Answer:
the answer is a
Most careers do not require training or education beyond high school. Please select the best answer from the choices provided T F.
Answer:
F(false)
Explanation:
Most careers do not require training or education beyond high school. Hence, the answer is false. Hence option B is appropriate.
What is the meaning of the word career?Career is the most important thing, especially in the lives of individuals who try to achieve success in the long run. Career directly means the ways and means in which people all around are slowly being inducted or have sorted out something they want to do in their lives.
A career in simpler terms helps in the process of selecting a person's personal choice of anything he/she wants to pursue in life.
The word career has been also very much intriguing and also be used with the utmost by people. Without a career, a person can not move forward in his path to earn or also in their studies. Hence, option B is appropriate.
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Goods sold to Seema for Rs. 4,000 and received Rs. 1,000 as partial payment.
True or false: The labor rate variance measures the productivity of direct labor. True false question. True False
Answer:
False because the labor rate variance reflects the difference between the actual and standard direct labor rates.
majority shareholding corporate governance (underhanded agreement)
According to corporate governance parlance, an underhanded agreement is a contract executed by one person as authorized by the Board of Directors.
What is majority shareholding?Majority shareholding refers to ownership of an entity by a person or entity that controls more than 50% of a company's shares. A majority shareholder can exercise significant influence over the company with their voting shares.
How do majority shareholding and corporate governance relate?Corporate governance provides the policies and rules for managing a corporation in the best interest of shareholders.
Corporate governance also requires the interests of minority shareholders to be taken into account in decision-making, thereby frowning at some underhanded agreements.
Thus, it is possible for those charged with corporate government (the board of directors) to facilitate underhanded agreements for the majority shareholders. But this practice runs against the ethics of corporate governance.
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Cristal’s gross semimonthly salary is $2968. 50. What is the maximum amount she can afford to borrow for a home mortgage?.
Based on Cristal's gross semimonthly salary, the maximum mortgage she can borrow is $142,488
What is the maximum mortgage that can be borrowed?This can be found by the formula:
= Gross semimonthly salary x 24 x 2
Solving gives:
= 2,968.50 x 24 x 2
= $142,488
In conclusion, she can borrow $142,488.
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