An idea, opportunity or dream is the ________ of planning that managers begin with to plan.

Answers

Answer 1

An idea, opportunity, or dream is the foundation of planning that managers begin with to plan.

The planning process begins with setting goals. Goals are the end result that management wants to achieve through its activities. Goals are specific and can be measured in units.

When developing SMART operational goals, it is important to seek employee feedback throughout the process. Once set, it can be difficult for employees to understand and accept goals. Philip is the new manager of a 15-man manufacturing company.

Redesigned workspace to keep tools within reach of an idea, opportunity, or dream.

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Related Questions

________ are the most important monetary policy tool because they are the primary determinant of changes in the ______, the main source of fluctuations in the money supply.

Answers

Open market operations are the most important monetary policy tool because they are the primary determinant of changes in the monetary base, the main source of fluctuations in the money supply. Open market operations are the purchase and sale of securities in the open market by a central bank--are a key tool used by the Federal Reserve in the implementation of monetary policy.

What is a monetary base?

In economics, the monetary base in a country is the total amount of money created by the central bank. This includes: the total currency circulating in the public, plus the currency that is physically held in the vaults of commercial banks, plus the commercial banks' reserves held in the central bank.

Therefore, the correct answer is as given above

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If real income rises 4%, prices rise 1%, and nominal money demand rises 4%, what is the income elasticity of real money demand?
a. 4/5
b. 1
c. 5/6
d. 3/4

Answers

The income elasticity of real money demand d. 3/4

Increase in real money demand = Increase in nominal money demand - Increase in inflation = 4% - 1% = 3%

Income elasticity of real money demand = % increase in real money demand / % increase in real income

= 3% / 4%

= 3/4

Income elasticity of demand is a monetary measure of how responsive the amount of demand for a very good or provider is to trade-in earnings. The formulation for calculating earnings elasticity of demand is the percentage change in quantity demanded divided by using the percent change in earnings.

In economics, the profits elasticity of call for is the responsivenesses of the quantity demanded an amazing to an alternate in patron profits. It is measured because of the ratio of the share exchange in the amount demanded to the proportion exchange in profits.

If the earnings elasticity of call for is more than 1, the best or carrier is taken into consideration a luxury and profits elastic. An amazing provider that has an earnings elasticity of call for between zero and 1 is considered an ordinary correct and income inelastic.

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Committing funds today with the expectation of earning a return on those funds in the future in the form of additional cash flows is required when a company makes a(n):_______

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An Investment means the act of committing funds today with the expectation of earning a return on those funds in the future in the form of additional cash flows.

What is an Investment?

This refers to the act of redirecting resources from being consumed today so that they may create benefits in the future and also includes use of assets to earn income or profit.

Therefore, committing funds today with the expectation of earning a return on those funds in the future in the form of additional cash flows is required when a company makes an Investment.

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Banks in Ruritania have a required reserve ratio of 5%5% . Round all answers to one place after the decimal. What is the simple money multiplier

Answers

The simple money multiplier forb the banks is given as 20.

How to solve for the money multiplier

The increase in the supply of money is what is called the money multiplier. This is used to determine the supply of money in an economy because it is known to have an effect on the interest rate of the economy.

The formula for the simple money multiplier is given as;

1/R

Where R is the Required reserve ratio

In the question the given reserved ration is said to be 5%

Hence the calculation would be

1/5%

= 1/0.05

= 20

The simple money multiplier is given as 20

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Which term describes an environment in which data is instantly available via the internet to organizational partners?

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The Real time  term describes an environment in which data is instantly available via the internet to organizational partners. Because of the speed of today's processing systems, traditional data warehousing can now operate in real-time. As a result, real-time business intelligence is produced. Business transactions are fed into a real-time BI system, which keeps track of the enterprise's current state.

The Real time system not only supports the traditional strategic functions of data warehousing for gaining information and knowledge from past environment activity, but it also provides real-time tactical support to drive enterprise actions that respond to events as they happen.

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Quick assets (cash, short-term investments, and current receivables) divided by current liabilities is the: Multiple Choice Current liability turnover ratio. Working capital ratio. Current ratio.

Answers

The answer is quick ratio.

The current ratio contrasts the total current assets and liabilities of a business.

Analysts evaluate a company's liquidity using two categories from the balance sheet: current assets and quick assets.

The total of a company's cash and equivalents, marketable securities, and accounts receivable—all assets that represent or are readily convertible to cash are referred to as quick assets.

Since inventories are not included, quick assets are seen to be a more cautious indicator of a company's liquidity than current assets.

The quick ratio measures a company's capacity to pay its current liabilities immediately, without having to liquidate inventory or obtain financing.

Hence, Quick assets (cash, short-term investments, and current receivables) divided by current liabilities is the quick ratio.

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if france has annual birth rate eof 11 and a death rate of 9 what is france's annual population growth rate

Answers

France's annual population growth rate is 0.4%.

The growth rate may be calculated both from census information or from civil registration statistics (births and deaths) collectively with facts on migration. The United countries recommend that nations take censuses every 10 years and these facts are most normally the source used to calculate intercensal population growth quotes.

13/1000

= 0.013 9/1000

= 0.009 0.013 - 0.009

= 0.004 x 100

= 0.4%

However, a new look suggests that's not the maximum probably situation and forecasts a peak simply after mid-century after which a decline. The University of Washington says the arena population will fall in the closing 1/3 of this century to eight.8 billion in 2100.

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Generally speaking, a differentiator chooses to divide its market into Group of answer choices None of these choices. as few segments as possible. niches and segments in which customers will pay premium prices. two or three major segments. one generic market.

Answers

Generally speaking, a differentiator chooses to divide its market into niches and segments in which customers will pay premium prices.

What is Differentiation Strategy?

Your differentiation strategy is the way in which you make your firm stand out from otherwise similar competitors in the marketplace. Usually, it involves highlighting a meaningful difference between you and your competitors. And that difference must be valued by your potential clients. A strong differentiator will provide a competitive advantage for your firm.

This is why many firms choose to compete with a focused strategy. In a focused strategy you narrow your appeal to a niche audience.

For example, an accounting firm that works exclusively with chain restaurants has a very compelling differentiator to that niche market segment. However, a different audience segment, such as automobile dealers, would find no value in working with the restaurant specialists.

Therefore, we can conclude that the correct option is Generally speaking, a differentiator chooses to divide its market into niches and segments in which customers will pay premium prices.

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The BDO Seidman v. Hirschberg, 93 N.Y.2d 382 case focuses on: Group of answer choices Whether adequate records and documents are maintained. Whether personal relationships between company management and external auditors is allowed. Whether merger and acquisition services should be provided for an audit client. Whether a firm's protective covenants are reasonable in scope.

Answers

The BDO Seidman v. Hirschberg, 93 N.Y.2d 382 case focuses on Whether a firm's protective covenants are reasonable in scope.

BDO Seidman (BDO), the General Partnership of Certified Public Accountants, is appealing for confirmation of the Supreme Court's order dismissing the claims against defendants who were former CPA defendants.

The key issue before us is the invalidity of the "redemption clause" in the agreement between the parties that obliges the defendant to compensate within 18 months of BDO's dismissal for servicing clients at its Buffalo office. and whether it is a non-enforceable limitation.

The question is incomplete. Please read below to find the missing content.

The BDO Seidman v. Hirschberg, 93 N.Y.2d 382 case focuses on:

- Whether merger and acquisition services should be provided for an audit client.

- Whether a firm's protective covenants are reasonable in scope.

- Whether adequate records and documents are maintained.

- Whether personal relationships between company management and external auditors is allowed.

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How much money will you have in 6 years if you invest $16,000 at a 3.1% annual rate of interest compounded quarterly

Answers

The final balance is $19,256.95.

The total compound interest is $3,256.95.

What is compound interest?

Compound interest is the adding of interest to the principal sum of a loan or deposit, or interest on interest plus interest. It is the outcome of reinvesting interest, or adding it to the lent capital, rather than paying it out or requesting payment from the borrower, so that interest is received on the principal sum plus previously accumulated interest in the next month. In finance and economics, compound interest is the norm.

Compound interest differs from simple interest in that previously accrued interest is not added to the main amount of the current period, resulting in no compounding. The simple annual interest rate is calculated by multiplying the interest amount per period by the number of periods per year.

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If the percentage change in quantity demanded is greater than the percentage change in price for good x, then the demand for good x is:________

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If the percentage change in quantity demanded is greater than the percentage change in price for good x, then the demand for good x is price elasticity.

Price elasticity of quantity demanded is a measurement of the change in consumption of a product in relation to a change in its price. A good is elastic if a price change causes a substantial change in demand or supply.

Goods are much more elastic, so price changes for these goods cause substantial changes in their demand or their supply.

Hence, if the quantity demanded of a product changes greatly in response to changes in its price, it is elastic. That is, the demand point for the product is stretched far from its prior point.

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Cash equivalents would not include?:

Answers

Answer:

Investments in liquid securities, such as stocks, bonds, and derivatives, are not included in cash and equivalents.

Explanation:

Even though such things may be easily turned into cash typically with a three day settlement period, they are still excluded. The assets are listed as investments on the balance sheet.

question is in the image below! please help!

Answers

Based on the discount offered by Next furniture, the discounted price of a sofa would be $669.33

What is the discounted price of the sofa?

This can be found as:

= Original price x (1 - discount rate)

Solving gives:

= 999 x (1 - 33%)

= 999 x 0.67

= $669.33

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If a company decreases its selling price by $4 per unit, due to a decrease in its direct material cost of $4 per unit, the break-even point in units will?

Answers

There would no change in the break-even point .

What is breakeven point?

It is the point at which the firm makes zero profit, I mean the number of units the firm needs to sell in order to cover all costs, such that revenue is the same as total costs.

Initially, breakeven point is the fixed costs divided by the contribution margin per unit(i.e. selling price minus variable cost per unit)

Let assume fixed cost is $100,000

Selling price=$40

variable cost=$20

Initial breakeven point=$100,000/($40-$20)

Initial breakeven point=5,000 units

Now selling price and variable cost would reduce by $4 each

breakeven point now=$100,000/($36-$16)

breakeven point now=5,000 units

Overall, the breakeven point would remain the same before the reduction in selling price and variable cost as well as after the reduction.

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What is the focus of operations management

Answers

Planning, arranging, and overseeing in the settings of production, manufacturing, or the provision of services are operations management's main concerns.

The management of business procedures to achieve the best degree of productivity within an organization is known as operations management (OM). An organization's focus is on efficiently converting resources like labour and materials into goods and services in order to increase profit.  Teams in charge of operations management strive to produce the maximum net operational profit by balancing expenses and revenues.

Therefore, operations management's primary responsibilities include planning, organizing, and supervising in the contexts of production, manufacturing, or the delivery of services.

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A certain percentage rise in the money supply will inevitably lead to a predictable effect on nominal GDP __________.

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A certain percentage rise in the money supply will inevitably lead to a predictable effect on nominal GDP if the velocity of money is constant or in a predictable manner.

There is a direct correlation between the velocity of money and the growth in nominal GDP, whether if this growth occurs through inflation, real GDP growth, or a combination of the two, as long as the velocity of money remains consistent throughout time. There will be a predictable influence on nominal GDP when velocity fluctuates over time but in a steady and predictable manner. Changes in the money supply's impact on nominal GDP becomes uncertain if velocity fluctuates in an unpredictably random manner over time.

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True or false: when investors purchase shares of stock from a corporation, it is recorded by the corporation as investments in securities.
A. True
B. False

Answers

True, investing in stocks entails purchasing stock in a publicly traded company. Those small shares are referred to as company's stock, by investing in it, you are hoping that company will grow and perform well over time. A stock is a financial investment in a particular company.

When you buy a stock, you are purchasing a share small portion of the company's earnings and assets. Company raise funds by selling shares of stock in their company; investors can then buy and sell those shares among themselves. You can buy stocks through the broker's website after opening and funding your account. 

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as a means of exchange in our economy makes it easier for people to make transactions with each other.

Answers

Money is a means of exchange in our economy makes it easier for people to make transactions with each other.

Money is a commonly accepted commodity as an economic medium of exchange. It is a medium that expresses prices and values. It circulates from person to person, from country to country, promotes trade, and is a major measure of wealth.

In summary, money has taken many forms over the centuries, but money has consistently performed three functions. It is a medium of value storage, a calculation unit, and exchange. The modern economy uses legal tender. This is neither a commodity nor the money represented or "backed" by the commodity.

Exchange medium. When economists say that money acts as a medium of exchange, they mean a currency unit used to measure and compare the relative value of commodities.

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A person who is power-oriented strives for leadership because of its associated ________. fear achievement authority prestige

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A person who is power-oriented strives for leadership because of its associated  with fear achievement authority prestige.

What is leadership?

Leadership can be regarded as the  ability  that an individual  has or  that  group of individuals  has to influence as well as to guide followers or other members of an organization.

It should be note4d that A person who is power-oriented strives for leadership because of its associated  with fear achievement authority prestige.

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long-run macroeconomic equilibrium occurs when aggregate demand __ short-run aggregate supply and they __ the long-run supply curve

Answers

Long-run macroeconomic equilibrium occurs when aggregate demand equals short-run aggregate supply and they intersect at a point on the long-run supply curve

What is long-run macroeconomic equilibrium?

When aggregate demand and short-run aggregate supply are equal at a certain point on the long-run aggregate supply curve, long-run equilibrium is reached. The unemployment rate is now equal to its natural rate, and actual real GDP is equal to potential GDP. Full employment equilibrium is another name for long-run equilibrium.
What is aggregate demand?

A macroeconomic concept known as "aggregate demand" refers to the total demand for products and services during a specific time period at any given price level. Since the two indicators are calculated in the same way, aggregate demand is equal to GDP over the long run.

What is short-run aggregate supply?

A visual representation of the correlation between the level of overall prices and the aggregate output supplied in an economy

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The seller reviews and signs the offer at 6:00 pm Saturday. She texts her acceptance to her broker. The broker does not read the text until 7:00 am Sunday, and then immediately forwards it to the buyer's broker. Meanwhile, the buyer changes her mind and texts a withdrawal of the offer directly to the seller. A few minutes later, the seller's broker texts the original notice of acceptance to the seller. Is there a binding contract?

Answers

No, there is no binding contract because the withdrawal of the offer was made and communicated to the seller before the buyer was notified of the acceptance.

Contract, within the simplest definition, is a promise enforceable by law. The promise can be to do something or to refrain from doing something. The making of an agreement requires the mutual assent of or more persons, one of them normally making an offer and some other accepting.

Offer and acceptance are commonly recognized as vital requirements for the formation of an agreement, and evaluation in their operation is a traditional approach in agreement regulation. The offer and recognition method, advanced in the 19th century, identifies a second formation while the parties are of one mind.

Any change to an offer creates a new offer, referred to as a "counteroffer." Like a proposal, a counteroffer can be withdrawn by the seller at any time before it is signed via the purchaser and the signed attractiveness is brought back to the seller or his agent.

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If the nominal wage is $40 and the price level (as measured by a price index) is 2.5, it follows that the real wage is:_____.
a. $100.00.b. $16.00.c. $2.50.d. $10.00.e. none of the above.

Answers

The real wage is $16.

Given nominal wage of $40 and price level of 2.5.

Real wage is to be computed.

The real wage, also known as the  adjusted wages, is the amount of income that a person may anticipate to get after adjusting for the current inflation rate. For instance, if the person's nominal income is $14.00, then their real wage may be higher or lower based on the current rate of the inflation.

Real wages are established by the inflation rate and take into account the buying power of the compensation amount. Nominal salaries are not adjusted for inflation and are purely determined by existing government rules.

The formula to compute the real wage is :

Real wage= (Nominal wage/ Price level)

                =($40/2.5)

                =$16

Therefore, the real wage rate is b. $16.

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One structured approach for integrating customer requirements into every aspect of product development is:

Answers

A structured approach to integrating customer requirements into all aspects of product development is the implementation of the quality function deployment.

What is Quality Function Deployment?

It is a Japanese approach developed in 1966 whose focus is on defining the transformation of potential customers' needs into products and services that will generate value and positioning for the company.

Therefore, this structured approach will help organizations to achieve increased customer awareness and competitiveness in the market.

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Which term represents a set of tasks or activities that produce desired outcomes?
a. business process
b. trigger
c. outcome
d. enterprise resource planning
e. none of the above

Answers

Business process represents a set of tasks or activities that produce desired outcomes. A business process is a series of steps taken by a group of stakeholders to accomplish a specific goal. Each step of a business process represents a task assigned to a participant.

It serves as the foundation for several related concepts such as business process management, process automation, and so on. Business process management (BPM) is a systematic approach to improving processes that assists organizations in meeting their business objectives. If a company is unable to perform certain business activities internally due to cost or resource constraints, it may turn to business process outsourcing.

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According to traditional Keynesian economics, expansionary fiscal policy initiated by the federal government

Answers

According to traditional Keynesian economics, an expansionary fiscal policy initiated by the federal government is an appropriate way to prevent recessions and depressions (Option B).

This is because an expansionary fiscal policy like tax cuts increases consumption and investment as well as increases government spending. This shifts the aggregate demand (AD) curve to the right.

In the diagram below, if the initial AD was ADR indicating that the economy is suffering from recession, then the suitable policy for the government would be to shift the AD curve to the right. As the AD shifts to ADF, the economy would be at full employment level and potential GDP.

According to Keynesian economics, aggregate income = aggregate expenditures.

Aggregate expenditures are classified into two basic types – consumption (spending on goods and services) and investment (expenditure on means of production).

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Your question is incomplete. please read below to find the full content.

According to traditional Keynesian economics, an expansionary fiscal policy was initiated by the federal government.

A) will always fail due to crowding out effects.

B) is an appropriate way to prevent recessions and depressions.

C) is never appropriate.

D) is an appropriate way to slow down an over-heated economy.

Victoria, a shift manager in a shoe factory, directly supervises 40 employees on her shift. The 40 workers who report directly to victoria represent her.

Answers

Victoria, a shift manager at a shoe store, has 40 employees in her shift and manages them directly. The 40 workers who report directly to her Victoria represent her unity of leadership.

Span of control

Span of Control can be defined as the total number of direct subordinates that a manager can control or manage. The number of subordinates managed by a manager varies depending on the complexity of the work.

B-hierarchy of authority--The type of hierarchical structure this page describes is often called the 'hierarchy of authority. An employee's level of authority is greater the higher they are in the hierarchical structure.

C-Span of direction--When you place a structural floor, a span direction component is placed in plain view along with the structural floor. The span direction component is used to change the orientation of the steel deck in the plan.

D-Unity of command --Under the principles of war, unity of command means that all the forces fall under one responsible commander.

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Cross-elasticity of demand is: a.the willingness to substitute other products. b.a factor in determining resale price maintenance. c.a factor in determining the geographic market. d.all of the above

Answers

Cross-elasticity of demand is a) the willingness to substitute other products.

If the goods are alternative products, the cross elasticity of demand is tremendous which means that demand for one product will increase when the charge of the alternative product will increase and vice versa

If the products are complementary, go elasticity of demand is terrible which means that once the fee of 1 product will increase, demand for the opposite product decreases and vice versa.

The go-rate elasticity formulation is an equation for calculating the pass-price elasticity of call for (XED) of separate services or products: go rate elasticity (XED) = (% change in call for of product A) / (% alternate of fee of product B), wherein merchandise A and B are exceptional services.

In economics, the pass elasticity of call for or go-price elasticity of demand measures the percentage change of the quantity demanded an awesome to the percentage change in the fee of another proper, ceteris paribus.

The cross elasticity of call for is an economic concept that measures the responsiveness in the amount demanded of one good while the fee for some other correct modifications.

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What are two inputs to the solution vision?

Answers

Customer feedback and Strategic Themes are two inputs to the solution vision.

high-level architectural plan that addresses present company needs is a solution vision. These requirements include the architectural layer changes. As modifications in architecture are never the intended goal alone, it always has business benefit.

The Vision provides a summary of the developed Solution's potential future state. It reflects the features and capabilities that have been offered to address the needs of customers and stakeholders.

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What's the primary difference between an informational interview and a job interview?

Answers

The informational interview is different than an activity interview, because the verbal exchange isn't always approximately hiring for a specific position, and in this example, you're the man or woman asking questions about the industry, a profession course, or a business enterprise. at the identical time, the professional learns about your man or woman and pursuits.

The aim of an informational interview isn't always to get an activity. Instead, the motive is to gather records about industries, jobs, or businesses you might like – to peer if they match your pursuits and personality.

An informational interview is a meeting to learn about the real-life revel of a person operating in a field or corporation that interests you. it is not a job interview, so it is essential to keep targeted on getting information, now not a task provided.

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Firms with a very limited advertising budget would be very unlikely to use ________ advertising.

Answers

Firms with a very limited advertising budget would be very unlikely to use television advertising.

The process of developing and showing television ads with the intention of promoting a good or service is known as television advertising.

One of the most popular and efficient ways to reach people is through television advertising. This is due to the wide reach, frequency, and effect it provides.

It's crucial to pick the correct time and price to display the advertisement for companies with a tight advertising budget.

A successful advertising campaign is the consequence of making a number of good choices, such as how frequently the advertisement is aired, how many people watch it each time, and the level of engagement it generates.

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