The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".
What is forced ranking?The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.
The problem with forced ranking are-
This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.The forced rankings beneficial from an employee perspective, here are reasons-
This system teaches a manager how to assess employees objectively with the right management training. When the management system needs to be improved or formalised, forced rankings are advantageous. An essential component of business is analysing trends and developments.To know more about example of forced ranking, here
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A broker dealer underwrites an offering in which the registration statement contained material errors and omissions. To sustain a burden of proof that it is not liable, the firm must have had reasonable grounds to believe the registration was true and complete, based on a prudent man standard, as of what point in time
If the firm must have had reasonable grounds to believe the registration was true and complete, based on a prudent man standard, the point in time is the effective date.
Who is a broker dealer?Broker dealer can be defined as someone who deals in trading business by selling and buying of Stocks, bonds etc.
The effective date is the date the firm can tend to believe the registration was true and complete, based on a prudent man standard based on the fact that effective date is the date in which the event take effect.
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A perfectly competitive firm faces a __________ demand curve. Group of answer choices upward sloping downward-sloping perfectly elastic perfectly inelastic
A perfectly competitive firm faces a downward-sloping demand curve.
What is demand curve?It is a visual illustration of the connection between product pricing and demand-side quantity. The graph is built with amount demanded on the horizontal axis and price on the vertical axis.
Demand curve has two types-
individual demand curve: The quantity that a specific household wants at different prices is represented by a demand curve for that particular household. The graphic representation of the individual demand schedule is another way to describe it. It can be created by analyzing consumer behavior in response to price changes.market demand curve: The total of each individual demand curve for a certain good on the market constitutes the market demand curve. It displays the quantity of the commodity that is demanded at various pricing points. The market demand curve has a negative, or downward, slope because quantity requested declines as price rises.What is downward-sloping demand curve?A demand curve demonstrating how demand declines as price rises.
The price elasticity of demand is always negative for a downward-sloping demand curve since the price and quantity requested move in the opposite directions.
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The final version of the qualified residential mortgage (QRM) has all of the following features EXCEPT
The final version of the qualified residential mortgage does not have the features of down payment of 20% is required.
What is a qualified residential mortgage?This refers to the type of mortgage that meets certain requirements for lender protection and secondary market trading under the Dodd-Frank Wall Street.
Most time, the qualified mortgage belongs to the class of loans that have certain and less risky features that help make it more likely that you'll be able to afford your loan.
Hence, the final version of the qualified residential mortgage (QRM) has the following features
Points and fees paid by the consumer may not exceed 3% of loan amountDebt-to-income ratio may not exceed 43%No prepayment penalties are allowedRead more about qualified mortgage
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In the opening case of target's erp implementation, what were the bad managerial decisions made that led to a failed outcome?
There can be many bad managerial decisions that led to failed outcomes.
What were the bad managerial decisions made that led to a failed outcome?
The top management decided to pursue a quick and aggressive implementation schedule.To predict the sales demand in Canada, mid-managers populated the ERP system with benchmark data from US operations.The system's auto-replenishment feature is disabled by store managers because there are insufficient checks and balances.What is the critical issue in ERP implementation?
To benefit from an ERP solution, a significant amount of change must be carefully managed after an ERP implementation. Top management's commitment, process reengineering, the ERP's integration with other business information systems, the choice and management of consultants and employees, and employee training on the new system are crucial factors that must be carefully taken into account to ensure successful implementation.
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Bill filed his 2021 tax return on March 15th, 2022. The statute of limitations for IRS assessment on Bill's 2021 tax return should end:
Bill filed his 2021 tax return on March 15th, 2022. The statute of limitations for IRS assessment on Bill's 2021 tax return should end on April 15th, 2025
A tax return is a document filed with tax authorities that shows income, expenses, and other relevant financial information. Taxpayers calculate their tax liability, plan to pay their taxes, and request a refund of overpaid taxes when they file their taxes.
Taxpayers will get refunds at the end of the year if they withhold too much. If you are self-employed, you can get a tax refund if you exceed your estimated tax. You might think of this extra income as free money, but it's actually loaned to the IRS without charging interest. D.
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An asset's book value is $19,500 on December 31, Year 5. Assuming the asset is sold on December 31, Year 5 for $13,500, the company should record: Multiple Choice Neither a gain nor a loss is recognized on this transaction. A gain on sale of $6,000. A gain on sale of $12,750. A loss on sale of $6,000. A loss on sale of $12,750.
The company should record a loss on sale of $6,000.
What is asset book value?
Book value is the worth of the asset or the amount left undepreciated at a particular point in time.
This implies that if the cash received in respect of the asset is more than the book value, there would be gains, and when the cash is less, that would result in losses. But in this case, the latter situation applies as shown in the loss computation below:
Selling an asset whose worth is $19,500 for $13,500 means that the company has lost $6,000 as computed thus:
Loss on asset=sales proceeds-book value
loss on asset=$13,500-$19,500
loss on asset=-$6,000
In essence the second to the last option is correct.
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A young couple is attempting to purchase their first home, but they do not have adequate funds for a down payment at this time. They should investigate the possibility of a lease-purchase, which would enable them to move in right away, but go to settlement at a later date. The lease-purchase contract should include all of the following EXCEPT
The lease-purchase contract should include all of the following EXCEPT all financing terms for the purchase.
What is Lease Purchase Contract?A Lease-Purchase Contract, also known as a Lease Purchase Agreement. A lease purchase agreement in real estate is a rent-to-own contract between a tenant and a landlord for the former to purchase the property at a later point in time. The renter pays the seller an option fee at an agreed-upon purchase price, giving them exclusive rights to buy the property.
Both parties agree to what the purchase price of the home will be at the end of the lease term. The agreement will likely include a stipulation that a portion of the monthly rent goes toward a down payment. The renter should be confident that they can secure a mortgage at the end of the lease, or else they forfeit the purchase option.
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The negotiated labor-management agreement that clarifies the terms and conditions under which management and a union will operate for a specified period is also known as a(n) .
Union security clause is the negotiated labor-management agreement that clarifies the terms and conditions.
What is the Union security clause?This is the clause that is used in collective bargaining to enforce certain rules.
The clause has it that if an employee does not belong to a particular bargaining unit, then they can be excluded.
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The cost of land would not include: Multiple Choice Purchase price. Cost of parking lot lighting. Costs of removing existing structures. Title insurance fees. Government assessments.
The cost of land would not include option(a) i.e, the Cost of parking lot lighting.
What is meant by the cost of land?The asset valuation method that is used to value land that appears on a company's balance sheet is known by the financial accounting term cost of land. The price of the land would cover all costs incurred in purchasing the property as well as those incurred in getting it ready for usage by the business.
The price of the land might be calculated by adding the purchase price, the local government's appraisal of the property, deducting the cost of any existing structures, and title insurance premiums.
All expenses incurred to prepare the improvements for use are included in the cost of land improvements. For instance, the cost of the parking lot is just the agreed-upon fee when two businesses enter into a contract to build one on the other's property.
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By what authority was the creation and existence of a u. S. National bank deemed legitimate?.
Regardless of the mode used for the growth of a firm, entrepreneurs need to be good negotiators.
A. True
B. False
The statement, regardless of the mode used for the growth of a firm, entrepreneurs need to be good negotiators, is true.
Regardless of the mode used for the growth of a firm, entrepreneurs need to be good negotiators. They need to negotiate with external parties in order to obtain the human and financial resources which is necessary to fuel business growth.
Basically, entrepreneurs who are good negotiators are able to strike that balance between getting what they want and giving away the service. This becomes beneficial for both parties.
Hence, good negotiations is important, as it significantly contributes to business success, and help build better relationships.
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Discuss how the cost of capital is determined in segmented vs. Integrated capital markets?
In segmented capital markets, the cost of capital is essentially determined by the domestic systemic risk of a security.
In integrated capital markets, on the other hand, the cost of capital is determined by the global systemic risk of securities, regardless of nationality.
The capital market is a financial market that buys and sells long-term debt securities or stock-backed securities, as opposed to a money market that buys and sells short-term debt securities.
Examples of highly organized capital markets are the New York Stock Exchange, the US Stock Exchange, the London Stock Exchange, and NASDAQ. Instead of trading on an organized stock exchange, securities can also be traded "over-the-counter".
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Supplier characteristics such as lead time, reliability, quality, and design capability that impact the total cost of doing business with a supplier should be considered during the process of
Supplier characteristics such as lead time, reliability, quality, and design capability that impact the total cost of doing business with a supplier should be considered during the process of supplier scoring and assessment.
At every stage of the product lifecycle, suppliers play a crucial role. To get the most out of their products, businesses need to collaborate closely with their suppliers on everything from procuring raw materials to helping to scale up production and identifying better raw material possibilities as the market starts to get saturated.
To Measure Your Supplier Performance in 7 Simple Steps =
Align performance goals. Choose evaluation approach. Develop information collection method. Design a robust assessment system. Roll out the system. Provide actionable feedback.Showcase results.Why is supplier quality important?
Dealing with fewer suppliers results in less fluctuation in crucial process inputs. If the suppliers have shown to be successful in controlling their output, there will be less need for regular monitoring of both the suppliers and the products.Learn more about supplier scoring and assessment brainly.com/question/13870090
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Saving money is a major priority for _______, who are generally economical and look for value when making purchases.
Saving money is a major priority for Gen Xers , who are generally economical and look for value when making purchases.
What is Gen Xers ?Americans who are part of Generation X — ages 39 to 54 — should be focused on saving for their retirement. However, a recent survey conducted by Schwab Retirement Plan Services found that many people in this generation are behind on retirement savings while juggling debt payments and other living expenses.
Gen Xers prize self-sufficiency and are pragmatic. Gen Xers prices are self sufficient that they need no external aid and they are realistic.
The current living generations have been divided into the following six major groups:
Greatest generationSilent generationBaby boomersGeneration XMillennialsGeneration Zwhere, Generation X Born between 1965 and 1980, Gen-Xers grew up with emerging technologies and political and institutional incompetence. They witnessed Watergate, Three Mile Island, and the Iranian hostage crisis.
But they also observed major technological advancements. Mimeograph machines evolved into high-speed copiers, and fax machines gave way to email. Heavy adding machines were replaced by handheld calculators, and computers shrank in size and processing speed.
Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
Saving money is a major priority for _________, who are generally economical and look for value when making purchases
a. Gen Xers
b. Millennials
c. teens
d. tweens
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Even if it is making economic losses, a perfectly competitive firm should keep operating in the short run so long as the price is:__________
Even if it is making economic losses, a perfectly competitive firm should keep operating in short run so long as price is higher than average variable cost. A company operating in perfect competition has no control over product's price. A company that stops producing, or closes down temporarily, will incur losses proportional to the fixed costs.
Because the firm's losses will be smaller in that scenario than the fixed costs, it will be prudent to continue functioning in near term when firm's total income surpasses firm's entire fixed expenses. Losses result when the market's price drops below average overall cost.
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Many corporate executives reported that they use social media to communicate their socially responsible activities to customers because it?
Many corporate executives reported that they use social media to communicate their socially responsible activities to customers because it reaches broad and diverse groups; allows them to connect directly with customers; allows them to reach specific groups more directly
Social media is a collective term for websites and applications focused on communication, community-based input, interaction, content sharing, and collaboration. People use social media to stay in touch and interact with friends, family, and diverse communities
Engage with your audience and drive website traffic. However, there can also be downsides, such as resources needed and negative feedback.
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Bonds Payable has a balance of $900,000 and Premium on Bonds Payable has a balance of $10,000. If the issuing corporation redeems the bonds at 103, what is the amount of gain or loss on redemption
Based on the balance of Bonds Payable and Premium on Bonds, the amount of loss on redemption is $17,000.
How much does the company gain or lose on redemption?The cash the company paid is:
= 900,000 x 103/100
= $927,000
The gain (loss) on redemption is:
= Bond carrying value - Cash paid
= (900,000 + 10,000) - 927,000
= -$17,000
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Select ALL that apply. Which three statements accurately describe the effects of the economic policies on individuals
The three statements that describe the effects of those economic polices on individuals are:
Many African Americans had a difficult time getting Jobs because of all-white policies.Many farmers were bankrupt due to the overproduction.Many immigrants took low paying jobs, which led to a decrease in pay for all employees.What happened as a result of economic policies in the 1920s?The 1920s saw a continuation of Jim Crow laws which limited African American employment. More people also came into the nation as immigrants which led to lower pay as immigrants could be convinced to take lower paying jobs.
Farmers began to produce more than the market wanted and this, coupled with import tariffs on American goods, led to bankrupcy.
Options for this question include:
Many African Americans had a difficult time getting Jobs because of all-white policies.White men working in the car industries went bankrupt due to overextension of bank loans.Many farmers were bankrupt due to the overproduction.White men working in assembly lines were laid off due to new technological improvements.Many immigrants took low paying jobs, which led to a decrease in pay for all employees.Find out more on farming in the 1920s at https://brainly.com/question/883256
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According to interdependency theory, the net profit or loss a person encounters in a particular interaction is known as the ________. reward cost satisfaction outcome
According to interdependency theory, the net profit or loss a person encounters in a particular interaction is known as the outcomes. reward cost satisfaction outcome
Social exchange theory also called the interdependency theory. Human psychology has a direct relation with interdependency.
Interdependency theory views relationship within people and the individual self which lay emphasis on one's behaviour and emotions.
This makes theory both psychological with human element presenting the concept of interdependency.
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PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists of the following: December 31 Current Year Preceding Year Total long term-debt $27,917 $26,557
The long-term debt was disclosed as a current liability on the current year's December 31 balance sheet $4,096.
Given Data provided in the question:
Current Year Preceding Year
Total long term-debt $27,917 $26,557
Current portion (4,096) (2,224)
Long-term debt $23,821 $24,333
Now,
The long-term debt was disclosed as a current liability on the current year's December 31 balance sheet will be the amount equal to the current portion for the current year
Therefore, the answer is $4,096
What is Current Liability?A current liability is:
An obligation that will be due within one year of the date of the company's balance sheet, andWill require the use of a current asset or will create another current liabilityHowever, if a company's normal operating cycle is longer than one year, current liabilities are the obligations that will be due within the operating cycle.
Current liabilities are usually reported as a separate section of a company's balance sheet. This allows readers to subtract their total from the company's total amount of current assets in order to determine a company's working capital. (Dividing current assets by the current liabilities is the company's current ratio.)
Your question is incomplete, but most probably your full question was:
PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists of the following: December 31 Current Year Preceding Year Total long term-debt $27,917 $26,557 Current portion (4,096) (2,224) Long-term debt $23,821 $24,333 a. How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet.
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Harry owns a barbershop and charges $15 per haircut. By hiring one barber at $12 per hour, the shop can provide 18 haircuts per eight-hour day. By hiring a second barber at the same wage rate, the shop can now provide a total of 39 haircuts per day. Harry should
The revenue calculated shows they Harry should hire the second barber.
How to illustrate the information?The revenue for one barber will be:
= $12 × 18 × 8
= $1728
The revenue for both barbers will be:
= $12 × 39 × 8
= $3744
In this case, there's more revenue and.he should hire the second barber.
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During a period of rising prices, if a firm desires to report a low gross profit figure in hopes of reducing their income tax liability, the firm will use the __________ inventory valuation method.
If the firm wants to report a low gross profit figure in hopes of reducing their income tax liability, the firm would use the LIFO inventory valuation method.
What is the LIFO inventory valuation method?A period of rising prices is known as an inflationary period. Gross profit is total revenue less the cost of goods sold. The gross profit reported can be low if the cost of goods sold is high.
An inventory method that would allocate a high cost of goods sold is the LIFO inventory method. LIFO is a short form of last in, first out. It means that the inventory purchased the latest are the first to be sold.
An example: assume that beginning inventory is 200 units at a price of $2. During the month 100 units were bought $10. At the end of the month 100 units have been sold. If the LIFO method is used, the cost of goods sold would be $10.
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Which type of sales promotion tactic is the distribution of free food products to customers at costco?
Sampling is a type of sales promotion tactic is the distribution of free food products to customers at cost by the company.
Product sampling is a term used in the retail chains. It relates to marketing. It makes part of the in-store marketing, and it is one of the most famous sale promotion tools.
A sample is a promotion of sales in which a small amount of a product that is held for sale is given to consumers just to try. Samples encourage more and more trial and an increases the awareness of the product.
The idea as well as the motive behind giving away samples is to attract more people to buy a product. Sampling is an expensive strategy, but still it is usually very effective for food products.
People usually try the product and the person who is providing the samples tells the consumers about the product's characteristics, and mentions any special pricing or offers for the product and consumer if satisfied do purchase the product.
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Which stage in the product life cycle is characterized by rapid market acceptance and increasing profits?
Growth stage in the product life cycle is characterized by rapid market acceptance and increasing profits.
A proper market strategy can take a good product in a growth stage using all of the marketing strategies. A product life cycle is characterized by sales and processing in various stages which are maturity, growth,decline and development.
Increasing profit in rapid market acceptance with slowing down the rigorous life cycle can help get a good in hand profit.
Demand begins to accelerate the moment and size of the market expands rapidly. Product life cycle totally depends on economies of scale and production size.
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What does it mean to invest your own risk?
Company F has $1,000,000 of 10% 30 year bonds outstanding with a current yield of 10.5%. The company refinances all $1,000,000 to a 7% rate. Assuming a marginal tax rate of 40%, what is the annual increase to Company F's net income
The annual increase to Company F's net income is $18,000.
Solution-
When Company F refinances a 10% bond to 7% it realizes an annual interest savings of :
=3% x $1,000,000 = $30,000.
Company F will be required to pay additional taxes on this savings, so the after-tax impact to net income = $30,000 x (1 - tax rate)
net income = $30,000 x 60% = $18,000.
The current yield is not relevant to this question.
What is Net Income?Net income is the profit after all of a company's expenses have been subtracted from revenues. It represents the earnings available to shareholders after all obligations (e.g. debt, payable to vendors, etc.) have been paid. EBITDA is a widely used proxy for operating cash flow as it reflects the company's total cash operating costs for producing its products and services. Gross Profit is defined as sales less cost of goods sold (COGS). Sales is the first line item on an income statement.
Hence, The annual increase to Company F's net income is $18,000.
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An internal control system is used to do all of the following: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
(A) Protect assets checked and, (C) Ensure reliable accounting checked.
What Are Internal Controls?Internal controls are the systems, guidelines, and practices that a business uses to guarantee the accuracy of its financial and accounting data, encourage accountability and thwart fraud.
Internal controls can help increase operational efficiency by enhancing the accuracy and timeliness of financial reporting, in addition to ensuring compliance with laws and regulations and preventing employees from embezzling money or committing fraud.
Which of these two types of internal controls are they?
Preventive and investigative efforts make up the bulk of internal controls. Thorough documentation and permission procedures are part of preventive control operations, which try to stop mistakes or fraud from happening in the first place. Detective controls are backup procedures that are intended to find things or events that the first line of protection has missed.
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Correct question:
An internal control system is used to do all of the following: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
(A) Protect assets checked
(B) Prevent all losses checked
(C) Ensure reliable accounting checked
(D) Control the entire operation
XYZ Development has just purchased a large tract of land that it plans to develop into 50 one-acre building lots. To have the ability to sell off individual lots before paying off the entire balance due, the developer will need to obtain
To have the ability to sell off individual lots before paying off the entire balance due, the developer will need to obtain a blanket mortgage.
What is a blanket mortgage?A blanket mortgage is a single mortgage that covers many properties and serves as security for the loan. Real estate developers and larger investors frequently purchase multiple properties at once, thus a blanket mortgage allows them to consolidate such deals into a single loan.Consider the money you'd save on closing fees, both for the original mortgage and any subsequent refinances. Refinancing from numerous loans to a single blanket mortgage may also result in lower monthly payments, which may increase your cash flow.Therefore, to have the ability to sell off individual lots before paying off the entire balance due, the developer will need to obtain a blanket mortgage.
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Sue has contracted with Rick to do a landscaping project on her property when she sells the whole property to Sylvia. Sylvia decides she will continue to have Rick do the landscaping project. The parties now need a(n) __________.
Sue has contracted with Rick to do a landscaping project on her property when she sells the whole property to Sylvia. Sylvia decides she will continue to have Rick do the landscaping project. The parties now need a novation.
A Novation agreement is to transfer the rights and obligations of one celebration underneath an agreement to any other birthday celebration with one of the events in the settlement closing the identical.
Novation, in settlement regulation and business regulation, is the act of converting a duty to perform with each other responsibility; including an obligation to perform; or changing a party to an agreement with a modern-day celebration.
A valid novation agreement calls for the following: Assumption of agreement responsibilities. The modern proprietor has to expect all responsibilities beneath the settlement. Waiver of right compensation.
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the table below represents the hourly output and cost ctructure for a local pizza shop. the marker is perfectly competitice, and the market price in the area is $12
Based on marginal analysis, what is the profit-maximizing rate of output for the pizza shop? 9 pizzas.
How to determine the solution to the question.In order to get the number of pizza that has to be produced, we have to check the table.
This firm has to continue in its production until it is able to increase its output by one extra unit.
This would be the point where the cost of production is the same as the revenue that would be gotten from the extra unit.
The point of interest that we have to focus on is the point where marginal revenue is equal to marginal cost.
MR = MC
Complete questionThe table below represents the hourly output and cost structure for a local pizza shop. The market is perfectly competitive, and the market price of a pizza in the area is
$12.
Total costs include all implicit opportunity costs. Calculate the pizza shop's marginal cost and marginal revenue at each rate of output and fill in the values in the table.
(Marginal revenue is the change in revenue divided by the change in output. For a perfectly competitive firm the marginal revenue is equal to the price. Marginal cost is the change in cost divided by the change in output.)
Based on marginal analysis, what is the profit-maximizing rate of output for the pizza shop? _______ pizzas.
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