Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable competitive advantage because: every company is trying to implement them and hence it does not make a company different from others.
What are Management Innovations?Management innovations are the practices that companies introduce to make them stand out from others.
Often, many other companies are adopting the same strategies and the end purpose might not be achieved. Thus the result is counterproductive.
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to create a system of rewards and incentives that promotes good strategy execution and timely achievement of imporant outcomes, a company must
Dennis has just made the final monthly payment necessary for paying off his car financing. When he purchased the car three years ago, it had a list price of $23,878. Dennis traded in his good-condition 2001 Honda Odyssey and financed the rest of the cost at an interest rate of 11.82%, compounded monthly. The dealer gave Dennis 85% of the trade-in value of his car, listed below. Dennis was also responsible for paying 9.05% sales tax, a $1,474 vehicle registration fee, and a $225 documentation fee.
Required:
All told, how much did Dennis pay in interest?
Using an online auto loan calculator, the total amount in interest paid by Dennis for the car is $689.92.
What is interest?Interest is the finance charge or expense incurred for taking an auto loan. Loans usually come with interest rates. The interest amount is computed as a percentage of the loan amount.
Auto Loan Calculator:
Total Price Monthly Payment
Auto Price = $23,878
Loan Term = 36 months (12 x 3)
Interest Rate = 11.82%
Down Payment = $0
Trade-in Value = $20,296.30 ($2
Sales Tax = 9.05%
Title, Registration and Other Fees = $1,699 ($1,474 + $225)
Monthly Pay: $118.66
Total Loan Amount = $3,581.70
Sale Tax = $324.14
Upfront Payment = $2,023.14
Total of 36 Loan Payments = $4,271.62 ($118.66 x 36)
Total Loan Interest = $689.92
Total Cost (price, interest, tax, fees) = $26,591.06
Thus, the total amount in interest paid by Dennis for the car is $689.92.
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One of the foundation blocks of intellectual property law is the__________, a legal concept that grants rights and control to the owner of any published work.
Answer:
copyright
Explanation:
I need help with this question please help
Answer:
Explanation
I think you should multiply the name by name
You are solving a present value equation using a financial calculator and are given the number of years for compounding. This should be entered as the ______ value on the financial calculator. Multiple choice question. I/Y FV PMT N
The number of years for compounding should be entered as the N value on the financial calculator.
What does present value mean?
Present value is the sum of discounted cash flows. The future value is discounted at the interest rate. It is the value today of a future amount of money.
For example, if you would receive a lump sum of 1000 in 10 years. The discount rate is 10%. The present value is: 1000 / 1.1^10 = $385.54
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There's a large number of bakeries in the United States and each of these bakeries produces similar, but not identical, products. Some bakeries will claim to have the best cupcakes in town, while others specialize in breads or cookies. The bakery market is an example of
The bakery market is an example of monopolistic competition.
What is monopolistic competition?A monopolistic competition is competitive market. Monopolistic competition can be defined as the way in which companies selling different products or goods compete against one another.
Despite the product produce by this companies are unidentical product, they still compete against each other as some of them will claim to have the best product than the other companies in the market.
Inconclusion the bakery market is an example of monopolistic competition.
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Is the accounting profession responded in a timely, comprehensive, and effective manner to stakeholders and business current challenges? Explain
Yes the accounting profession is responded in the way that it wwould take care of current business challenges.
What is the accounting profession?This is the profession where financial analysis and other functions such as auditing are carried out.
The institution today is being structured in a way that it would still be able to meet the goals of the times that we are in.
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When a firm has many potential competitors and tries to develop a marketing strategy to differentiate its products from the competitors' products, a(n)
Answer:
na buang ka ayaw ko ug pangutana
How do you think consumer interest in a product impacts the price of that item?
Explanation:
Price has a relative effect: some consumers are sensitive to price, whereas others do not consider the price when making a purchase decision (Sangadji and Sopiah, 2013). ... Consumers tend to associate price with product level, that is, a perceived high price reflects high quality and vice versa.
9. When a recession ends, _____ participants in an economy feel a recovery is in place. all some wealthy no
It is a false statement that when a recession ends, all participants in an economy feel a recovery is in place.
What is the aftermath of an economy recession?Generally, when an economy is reported as out of recession, many of the negative income and employment effects of the recession will continue for a time.
In conclusion, It is a false that when a recession ends, all participants in an economy feel a recovery is in place.
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The present value formula for a(n) ______ is PV = C/r, where C is the constant and regularly timed cash flow to infinity, and r is the interest rate.
The present value formula shown above in the form of PV = C/r is the formula for a perpetuity.
What is a perpetuity?It is an investment that will keep paying out for an indefinite period of time. An example would be payments from an endowments to a charitable cause.To find the value of a perpetuity, you simply divide the regular cash flow received by the interest rate given in the form:
= C / r
In conclusion, this is a perpetuity.
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According to a study examining the status of sales as a true profession, sales meets the professional criteria of _____ through professional organizations such as the Strategic Account Management Association (SAMA) and through a common sales vocabulary such as that found in textbooks and training materials.
Answer:
Confession
Explanation:
what is marketing management?why is it important?
Its help to stand competent in highly thriving competition in the market.
Answer:
Marketing management is especially important for smaller businesses because it gives them a level footing to complete with larger players in the field.Thorough customer research,creative campaigns and marketing strategies and positive branding can go a long way in providing a brand with an edge over its competition.
Explanation:
hope it helps you
Is allowance for doubtful accounts a current asset.
Answer:
Allowance for boubtful accounts is a contra current asset abject code so yes
Explanation:
Steve is staying at a hotel while on business in Chicago, but he forgot to bring his ties. Who would he most likely turn to for assistance?.
Answer:
Steve
Explanation:
because he can get in contact with Steve while in the hotel
Eco Lawn Care Corp., a company that manufacturers environmentally friendly lawn care products, has been operating as a business for a year. The CEO, Markus, started his venture by deciding on the activities that would be involved and what his goals and objectives for the business were. He then started to recruit professional chemists and other personnel and grouped them according to their responsibilities. Every month Markus conducts a meeting where he brings attention to those who are doing good work and motivates everyone to achieve organizational goals. He also checks the daily productivity of each of the workers, monitoring them and providing training to those with low productivity. By recognizing good performers and motivating them toward achieving organizational goals, Markus performs the ________ function of management.
By recognizing good performers and motivating them toward achieving organizational goals, Markus performs the leading function of management.
What are the Functions of Management?The functions of management refer to the various roles that a manager can take on. One of those roles is functioning as a leader.
In the above scenario, Markus leads his group by recognizing those who need help and providing them with the resources that they need to thrive.
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A feedback interview involves ______. explaining what the cost will be use of some type of prototype defining customers asking for an invention of a product or service
A feedback interview involves explaining what the cost will be use of.
What is Feedback interview?This type of interview involves the interviewer taking detailed notes about a candidate's answers. Certain type of qualities are also noted and shared to the department in charge of recruitment.
In this case, explaining what the cost will be use of will require giving answers which will be analyzed to check if such individual is best suited for the role.
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The idea that the U.S. economy uses the market mechanism to distribute most goods and services and those who receive the most income get the most goods is best represented by the question:
There are different kinds of ideas. The idea that the U.S. economy for who receive the most income get the most goods is best represented by the question called "For whom output is produced".
What kind of system is the United States economy based on?The U.S. is one that has a mixed economy and also show the attributes of f both capitalism and socialism.
In a mixed economy as the above, they often embraces economic freedom regarding capital use and they also allows the government to intervene for public good.
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The market system depends on private property and the protection of property rights to:.
Answer:
provide an incentive to maintain property and allow for the orderly transfer of property ownership
Assume interest is compounded monthly. The ______ annual rate will express this rate as though it were compounded annually.
A compounded interest rate is sometimes called an effective annual rate.
Answer: effective
50 POINTS AND BRAINLIEST
Econ U2 Intro to Economics
Multiple Choice
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3. A sports collector is considering the purchase of either a hockey jersey or a baseball that was struck for a home run. If the collector chooses to purchase the jersey, what is the opportunity cost? *1point
the time lost looking at both items
the net value of the jersey for the collector
the net value of the ball for the collector
4. A farmer must decide between growing peppers or growing tomatoes. Which trade-off is the farmer considering? *1 point
the profit of growing peppers, compared to the profit of growing tomatoes
the retail value of peppers at the store, compared to the retail value of tomatoes at the store
the cost of growing peppers, compared to the cost of growing tomatoes
5. Kendra is trying to decide whether to go to Abby's house to watch a movie or to go to Samuel's house to play board games. They live about the same distance away, and there is no cost for either event. If she chooses to go to Abby's house, what is the opportunity cost? *1 point
There is no opportunity cost because there is no cost associated with either option. Economics do not apply to this kind of decision.
The difference in value to Kendra of the two options
The net value to Kendra of going to Samuel's house to play games.
6. Sergei had to decide among watching a two-hour movie with a cost of $20, buying a book to read for $10 that would take about four hours to read, and going to a three-hour concert for $30. If he considers the benefit of each situation to be proportional to the amount of time, with a value of about $50 per hour, what is the opportunity cost of the best decision? *1 point
$80
$150
$120
9. How does a pure command economy answer the basic question of which goods and services should be produced? *1 point
The producers decide what should be produced.
The government decides what should be produced.
The consumers decide what should be produced.
10. How does a pure market economy answer the basic question of which goods and services should be produced? *1 point
Producers decide what should be produced.
The government decides what should be produced.
The law of supply and demand drives this choice.
11. Which of the following principles of a free enterprise system BEST explains why businesses in an industry cannot maintain an artificially high price? *1 point
producer sovereignty - they can choose to produce what they want
property rights - producers can own or rent the building they manufacture in
open opportunity - other producers can decide to sell it slightly cheaper to attract more customers
12. Which of the following is an example of open opportunity? *1 point
A student learns to make web pages and starts making websites for local small businesses.
A business decides to change its website provider to reduce cost.
A farmer has the right to decide which crops to plant in his field.
13. Which is an example of a private good? *1 point
an internet connection from a local cable company
a personal computer or tablet used to access the internet
positions in a free online game limited to 100 people
14. Which of the following is a positive externality that would result from converting the inner part of a city to a pedestrian only area? *1 point
the increase in commute time for people who work in the area
a decrease in business in the area
the decrease of pollution in the city
Answer: sorry i took long
3. the time lost looking at both items
4. The cost of growing peppers, compared to the cost of growing tomatoes.
5.The net value to Kendra of going to Samuel's house to play games.
6. $150
9. The producers decide what should be produced.
10. Producers decide what should be produced.
11. property rights - producers can own or rent the building they manufacture in
12. A student learns to make web pages and starts making websites for local small businesses.
13. a personal computer or tablet used to access the internet
14. the decrease of pollution in the city
3. A sports collector is considering the purchase of either a hockey jersey or a baseball that was struck for a home run. If the collector chooses to purchase the jersey, what is the opportunity cost?
the time lost looking at both items ✓ the net value of the jersey for the collectorthe net value of the ball for the collector⇢ opportunity cost refers to the time wasted when we look for one thing and buy another one
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4. A farmer must decide between growing peppers or growing tomatoes. Which trade-off is the farmer considering?
the profit of growing peppers, compared to the profit of growing tomatoesthe retail value of peppers at the store, compared to the retail value of tomatoes at the storethe cost of growing peppers, compared to the cost of growing tomatoes ✓⇢Trade off refers to the lost when we perform something resulting in losing a day wage
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5. Kendra is trying to decide whether to go to Abby's house to watch a movie or to go to Samuel's house to play board games. They live about the same distance away, and there is no cost for either event. If she chooses to go to Abby's house, what is the opportunity cost?
There is no opportunity cost because there is no cost associated with either option. Economics do not apply to this kind of decision.The difference in value to Kendra of the two optionsThe net value to Kendra of going to Samuel's house to play games. ✓⇢opportunity cost refers to the time wasted when we look for one thing and buy another one
-----------------------------------------------------------------
6. Sergei had to decide among watching a two-hour movie with a cost of $20, buying a book to read for $10 that would take about four hours to read, and going to a three-hour concert for $30. If he considers the benefit of each situation to be proportional to the amount of time, with a value of about $50 per hour, what is the opportunity cost of the best decision?
$80 $150$120 ✓⇢opportunity cost refers to the time wasted when we look for one thing and buy another one
⇢Most benefit : 2 hours movie cost $20
=$20 + $50 x 2=$20 +$100=$120-----------------------------------------------------------------
9. How does a pure command economy answer the basic question of which goods and services should be produced?
The producers decide what should be produced.The government decides what should be produced.The consumers decide what should be produced. ✓⇢More demand,more production
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10. How does a pure market economy answer the basic question of which goods and services should be produced?
Producers decide what should be produced. ✓ The government decides what should be produced.The law of supply and demand drives this choice.⇢Here , producer being the head , decides what should be produced.
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11. Which of the following principles of a free enterprise system BEST explains why businesses in an industry cannot maintain an artificially high price?
producer sovereignty - they can choose to produce what they wantproperty rights - producers can own or rent the building they manufacture inopen opportunity - other producers can decide to sell it slightly cheaper to attract more customers ✓⇢Lower the price,more the sale if both are of same quality
-----------------------------------------------------------------
12. Which of the following is an example of open opportunity?
A student learns to make web pages and starts making websites for local small businesses. ✓ A business decides to change its website provider to reduce cost.A farmer has the right to decide which crops to plant in his field.⇢ It's government plan to encourage manufacturers
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13. Which is an example of a private good?
an internet connection from a local cable companya personal computer or tablet used to access the internet ✓positions in a free online game limited to 100 people⇢Private good belongs to an individual and not to a group or an organisation
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14. Which of the following is a positive externality that would result from converting the inner part of a city to a pedestrian only area?
the increase in commute time for people who work in the area ✓ a decrease in business in the areathe decrease of pollution in the city⇢the increase in commute time for people who work in the area would help people to use pathways more often
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To be an effective planner, you should be a(n) learner in areas beyond the technicalities of your profession.
It is a true statement about being an effective planner who is a learning professional in many areas beyond the technical aspects of his profession.
How to carry out an effective plan?In the business environment, it is necessary to have a comprehensive understanding of internal and external factors that can impact the future of the organization and generate value and market positioning.
Therefore, it is essential that an effective planner is based on technical, social and visionary aspects to ensure that his action plan is positive and successful.
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Answer:proactive
Explanation:
Imagine that you manage a toy store. You have one employee who does a fantastic job. Your other employee needs improvement. Choose one employee and describe what you would say to them during their annual review. Remember to keep the comments specific and focused on how the employee can improve.
Which is a type of checking and savings account that is issued by financial institutions and investment firms that has a higher yield than simple savings accounts, but with some restrictions based on minimum amounts withdrawn
Answer:
Money Market Account
Explanation:
While not knowing how to get started and cultural differences make the prospect of global trade difficult for small businesses, there is one bright spot on the horizon that has brought global trade closer to home. Small businesses can now
Use technology such as payment platforms to fulfill orders, which gives them some assurance of payment. Health insurance has nothing to do with business operations. The correct option is C.
Cross-border transactions are now much simpler thanks to technology. Businesses can use safe and dependable means to collect payments from clients all over the world using payment platforms like payment platforms.
These payment platforms frequently provide buyer and seller security features, which can provide small businesses with some level of comfort that they will be paid for their goods or services.
Thus, the ideal selection is option C.
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Your complete Question was as follows:
In the ______ stage of the product life cycle, demand and sales increase, profits peak, and there are more competitors.
the answer is growth
Explanation:
Sanjay's company was the first to introduce fresh-food meal kits in a box that are delivered directly to consumers who put the meal together at home. Since her company was the first to introduce this idea, it is an example of _____.
As Sanjay's company was the first to introduce fresh food meal kits in a box that are delivered to consumers' homes, the idea is an example of innovation.
Business innovationInnovation is vital to the long-term success of the business in the marketplace. It can be defined as the process of creating a new idea, method or object to fulfill some need. In the business environment, innovation will be a competitive differentiator for a company.
Therefore, disruptive and incremental innovation are essential concepts to generate value, efficiency and positioning for an organization in the market.
The correct answer is:
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The ending Retained Earnings balance of ABC decreased by $1.5 million from the beginning of the year. The company declared a dividend of $4.4 million during the year. What was the net income for the year
Based on the information given the net income for the year will be is : $2.9 million.
Net incomeUsing this formula
Net income=Dividend declared-Decrease in Ending Retained earning
Where:
Dividend declared=$4.4 million
Decrease in Ending Retained earning=$1.5 million
Let plug in the formula
Net income=$4.4 million-$1.5 million
Net income=$2.9 million
Inconclusion the net income for the year will be is : $2.9 million.
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To eliminate the need to continually monitor currency exchange rates, 16 of the countries in the European Union (EU) have adopted a common currency, which is called the
The currency that the European Union introduced to monitor currency exchange rate was the Euro.
What is the Euro?The Euro is a currency that is used by almost all members of the European Union.
The purpose for it being introduced was to facilitate trade and to have a common monetary policy. It also allowed for the easier controlling, and monitoring of, exchange rates.
In conclusion, this is the Euro.
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Which of the following is an example of a
management factor of production?
A. training
B. machines
C. warehouses
D. cash
Answer:
A Training
Explanation: