The contractor must take these elements into account when developing the proposal price.
Reputation In today's competitive marketplace, it is essential for the contractor to protect both his own reputation and the reputation of his clients because word of mouth plays a crucial role in business.
Capital This aspect must be evaluated at the beginning of doing business with customers because there are instances in which projects are abandoned midway due to a lack of capital.
The contractor's ability to win the project must be evaluated and taken into account in the proposal.
We can easily determine, based on the aforementioned factors, that it will be difficult to develop and win the proposal framework due to the fact that price is generated by the effort put in to produce high-quality goods that meet the highly uncertain needs of the general public.
What is a sign of a market that is competitive?characteristics of a market with perfect competition. Firms can enter or exit the industry regardless of their location or business needs. Assets are allowed to move and makers can sell their result in a market. Exceptional data.
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during the progressive era, a. the gap between economic classes got smaller. b. agricultural production stagnated. c. the united states stopped receiving immigrants. d. the united states received a large number of immigrants from southern and eastern europe. e. corporations were considered the engine of progress.
during the progressive era agricultural production stagnated.
What is commercial farming?
Commercial farming, usually referred to as agribusiness, is an agricultural technique that entails producing livestock, cultivating crops, and making money by selling the products on the market.
High-demand crops are mostly produced by commercial agriculture. H. crops that must be sold to other nations or used as industrial raw materials. The extent of agricultural marketing also differs from region to region.
Enormous farms with the most up-to-date machinery, irrigation techniques, fertilizers, and technologies are used to raise large crops.
Important Distinctions Between Commercial and Subsistence Agriculture
The following presumptions can be used to develop the differences between commercial agriculture and agriculture for subsistence:
1. A farming technique called subsistence agriculture tries to raise as many crops as necessary to supply the farmer's family with all of their nutritional needs, with little to no surplus produced for sale. Commercial farming is a type of farming where plants and animals are raised with the goal of selling the goods on the market.
2. Subsistence agriculture is a labor-intensive practise due to the high work demands. Contrarily, commercial agriculture requires substantial capital investments, which is why it is a capitalistic method.
3. Only a limited portion practises subsistence farming. On the other side, commercial agriculture requires a vast space to operate.
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a company had net revenues of $1,800,000 and total expenses of $800,000, not including income taxes. it paid $300,000 in dividends. what was its net income before taxes?
The company's total expenses, excluding income taxes, were $800,000, with net revenues of $1,800,000. It distributed dividends of $300,000. and it has a net income of $1,000,000 before taxes.
Net revenues = $1,800,000
Less: Total expense = $800,000
Net income before tax = $1,000,000
A dividend is a payment made by a company to its shareholders out of its profits. When a business generates a profit or surplus, it can distribute a portion of that profit to shareholders in the form of a dividend. Any unused funds are retained and reinvested back into the company. Both the profit from the current year and the retained earnings from prior years are available for distribution; a corporation is typically not allowed to pay a dividend out of its capital.
The amount that is distributed to shareholders may be paid in cash (typically a deposit into a bank account) or, if the company has a dividend reinvestment plan, it may be paid by the issuance of additional shares or the repurchase of shares.
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as you consider which communication channels to use, analyze the nature of the bad news. in research from medical and social psychology literature, researchers have identified three aspects of bad news that impact how you approach delivering it: severity, controllability, and likelihood. as controllability decreases and likelihood and/or severity increase, richer channels of communication are most appropriate. for example, laying someone off should certainly be done in person. there is no controllability (the employee cannot undo being laid off), there is complete likelihood, and there is high severity (the employee will be unemployed and potentially without income and other benefits such as health insurance). when bad news becomes more controllable, less likely, and/or less severe, less rich channels are more often justified. read the case below and answer the questions that follow. you are in the role of a manager with a lot of bad news to share today. in your current position, you're often required to deliver bad news, but rarely as much as today. you need to discontinue an account with a supplier, give a negative performance review, possibly lay off an employee, announce a change in policy that may negatively impact sales reps, and announce the possibility of workforce reduction in the future. you've decided that you probably need to lay off one of your employees. he has consistently accessed inappropriate websites that are clear violations of the company's internet policy. you gave him an official warning a few months ago. yet, he has continued to violate the internet policy. you've asked him to meet with you to discuss these violations and his employment status. this bad news is best classified as what? multiple choice high likelihood, medium severity, high controllability low likelihood, medium severity, medium controllability high likelihood, high severity, low controllability high likelihood, low severity, high controllability
The most appropriate categorization for this awful news is a high likelihood, high severity, and limited controllability.
The likelihood is very high. You've concluded that there's a good chance this employee will be let go. The severity rises. The worker's employment is in danger. Not only would he lose his job if he is dismissed, but it will also be more challenging for him to get another one.
Even if he manages to preserve his work, his reputation has suffered greatly. The employee is less subject to control. Whether he maintains his job or not, he will suffer at this point. He will struggle to repair his reputation as a persistent violator of Internet rules.
The term "categorization" describes a grouping that makes it simpler to navigate between articles. There has to be a categorization of online news.
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yvette michaels, cfa, an analyst for torborg investments, inadvertently overhears a conversation between two executives of collective healthcare in which they mention an upcoming tender offer for network, a stock she covers. michaels has followed both companies extensively and feels their consolidation would be very beneficial for both companies. she tells her supervisor, a senior analyst, about the proposed tender offer. michaels' actions are:
Michaels has violated Standard II(A) Material Nonpublic Information.
Standard II(A) Material Nonpublic Information has been broken by Michaels. Information about a firm that has not been made public but may have an impact on the share price is referred to as material nonpublic information. It is illegal for those who possess material nonpublic information to use it for stock trading purposes. Members are forbidden from acting or causing others to act based on material nonpublic information they possess. She may not divulge the material to anyone save specific supervisory or compliance staff members at her company. It is not allowed for her to reveal compliance difficulties to a supervisor who is not listed as a designated supervisor.
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in addition to testing your hypotheses about your business model, when you conduct feasibility analysis, you also want to answer three questions about the success factors for your business. what are they?
When you conduct feasibility analysis, you answer three questions about the success factors for your business which are:
Does it make sense to invest the money needed to start and run a business with a positive cash flow?Can I assemble the ideal starting team to carry out my concept?Is the market and consumer size big enough to make the idea work?What does feasibility analysis mean?A feasibility study is a thorough evaluation that takes into account all of the important factors of a proposed project to ascertain the chances of success. Return on investment, which indicates that the project will produce enough profit to justify the investment, is one way to describe success in business.
An initial investigation of a prospective project or endeavour to assess its merits and viability is known as a feasibility study. An unbiased evaluation of a proposed project's technical, economic, financial, legal, and environmental issues is what a feasibility study seeks to accomplish.
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which communication method is most appropriate for assessing the commitment of project stakeholders?
Communication method is most appropriate for assessing the commitment of project stakeholders Meetings.
Email is one of the maximum famous gears to apply for stakeholder communication. It has some of advantages including instant transport of facts, evidence of sending, it makes it less complicated to manipulate communications with every stakeholder and you may additionally screen engagement and open rates.
For a venture that includes crew contributors operating remotely, for example, a video convention is an extremely good manner to hold in contact and trade facts on development and goals. For initiatives with an inner crew, face-to-face meetings are regularly the fine technique of communication.
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you have just won a $5 million lottery to be received in twenty annual equal payments of $250,000. what will happen to the present value of your winnings if the interest rate increases during the next 20 years? it will be worth more it will not change none of the above it will increase then decrease
You have just won a $5 million lottery to be received in twenty annual equal payments of $250,000. The present value of your winnings if the interest rate increases during the next 20 years will be worth less.
Answers - it will be worth less.
What is an example of worthless?
Worthless is to describe something that has no use or isn't worth any money. Your old broken-down car, a stamp collection with no value, and your no-good room-mate who never cleans and won't pay his share of the rent could all be known as worthless.
What helps with feeling worthless?
Here are some ideas that can help those suffering from feelings of worthlessness:
Be kind to yourself. Think about how you talk to yourself.Practice gratitude.Be mindful of the context of your emotions.Practice forgiveness—and that includes for yourself.Consider helping others.Learn more about worthless here:- https://brainly.com/question/24864915
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if merchandise sells for $3,500, with terms of 3/15, n/45 and the cost of the inventory sold is $2,100, the amount charged to sales is group of answer choices
If stuff sells for $3,500 with terms of 3/15, n/45 and the cost of inventory sold is $2,100, the amount charged to sales is 1.$3,395.
Inventory or stock refers to the items and supplies that a company keeps for the purpose of resale, manufacture, or use. Inventory management is largely concerned with defining the shape and positioning of stocked products. It is required at many locations within a facility or throughout a supply network to precede the normal and scheduled flow of production and material stock. In the context of a manufacturing production system, inventory refers to all work that has occurred - raw materials, partially finished goods, final items prior to sale, and departure from the manufacturing system.
In the context of services, inventory refers to all work completed prior to sale, including partially processed information.
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how much did your parent 1 (father/mother/stepparent) earn from working (wages, salaries, tips, etc.) in 2021?
The response indicates the amount of “wages, salaries, tips, etc.” earned by the student’s parent as reported on the student’s parents’ 2021 income tax return, IRS Form 1040–line 1 + Schedule 1, lines 3 + 6 + Box 14 (Code A) of Schedule K-1 (Form 1065). If a tax form line’s value is negative, treat it as a zero in your calculation.
detailed process:If the student’s parents filed a joint return, the Parent 2 (Father’s/Mother’s/Stepparent’s) income earned from work is reported separately.
If the student is Dependent, the income earned from work must be provided for at least one parent.Find the scenario that best fits your parent's tax filing status.
If your parent didn’t file taxes, include the information from his or her 2019 W-2 Forms – box numbers 1 + 8.
If your parent is married and uses the Internal Revenue Service Data Retrieval Tool (IRS DRT) to transfer information from a joint tax return into your FAFSA form, you must manually enter income earned from work. Report each parent's earnings separately. Your parents can use their tax return, W-2s, or other earning statements to calculate their separate earnings. Include income that they earned from Federal Work-Study or any other need-based employment, as well as the amount reported in box 14 (Code A) of IRS Schedule K-1 (Form 1065), if applicable.
If your parent isn’t married and uses the IRS DRT to transfer his or her information from the IRS into your FAFSA form, the answer to this question will be identified as "Transferred from the IRS." If your parent filed a Schedule K-1 (Form 1065), you’re required to report that information separately.
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the goal of performing a competitor analysis is to . a) learn more about the competitors' sales structures b) find flaws in the competitors' manufacturing processes c) find areas of potential competitive advantage and disadvantage
The goal of performing a competitor analysis is to find areas of potential competitive advantage and disadvantage. So the correct option is c.
A competitor analysis, also called competitive analysis and comptetion analysis, is the process of examining similar brands in your industry to gain insight into their offerings, branding, sales, and marketing approaches. Knowing your competitors in business analysis is important if you're a business owner, marketer, startup founder, or product developer.
A competitor analysis offers several benefits, including:
Understanding industry standards so that you can meet and exceed them, helps in
discovering untapped niche markets, helps in differentiating products and services, standing out in your marketing, measuring your growth etc.
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suppose the cpi level is 293.00 at the beginning of a year and 313.00 at the end of that year. what was the inflation rate for the year? %
The inflation rate of the year is 6.82%
Inflation is defined as the consistent increase in the price level in the economy. A moderate level of inflation is considered good for the economy as it creates a sense of working more and earning more among the people.
The monthly change in prices paid by American consumers is tracked by the Consumer Price Index (CPI). The CPI is calculated by the Bureau of Labor Statistics (BLS) as a weighted average of prices for a selection of goods and services that is indicative of total consumer spending in the United States. One of the most widely used indicators of inflation and deflation is the CPI.
Inflation rate= [(Current CPI-PreviousCPI)/Previous CPI] X 100
Inflation Rate= [(313-293)/293] X100
Inflation Rate= 6.82
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assume the market reaches the competitive market equilibrium, what will be the price and quantity produced and sold?
Competitive equilibrium is a circumstance in which profit-maximizing producers and utility-maximizing customers in aggressive markets with freely decided expenditures arrive at an equilibrium price.
At this equilibrium price, the quantity furnished is equal to the quantity demanded.
What happens when a market reaches its equilibrium price?A market is stated to have reached equilibrium price when the grant of goods fits demand. A market in equilibrium demonstrates three characteristics: the conduct of agents is consistent, there are no incentives for dealers to alternate behavior, and a dynamic process governs equilibrium outcomes.
Prices and quantities in aggressive equilibrium trade in response to grant and demand shocks. Price-taking behaviour ensures that all positive factors from trade in the market are exhausted at a aggressive equilibrium.
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https://brainly.com/question/13372875#SPJ4on february 1, dots received an order for 500 cupcakes. dots delivered the cupcakes to the client on february 25. a $50 deposit was received on february 5 and the remaining $450 was paid on february 28. when should recognize dots revenue related to this order?
Dots should recognize revenue on February 25th
The revenue recognition principle states that a company's revenues are recognized when the service or product is delivered to the customer, rather than when the cash is received. Determining what constitutes a transaction may take more time and analysis than expected.
Revenue recognition is a commonly accepted accounting principle (GAAP) that specifies how and when revenue should be recognized.
According to the revenue recognition principle of accrual accounting, revenues are recognized when they are realized and earned, not when cash is received.
ASC 606, the revenue recognition standard, establishes a consistent framework for recognizing revenue from customer contracts.
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organizations use a(n) to categorize a security threat, determine its cause, preserve any evidence, and get systems back online so they can resume business.
Organizational staff use the incidence response plan to classify threats, figure out what caused them, keep evidence safe, and get systems back online.
What are incident command's five C's?An emergency response is broken down by ICS into five manageable tasks that are necessary for emergency response operations: Finance and administration, operations, logistics, planning, and command.ICS has the same fundamental structure regardless of the kind of emergency.
What identifies and rates an organization's vulnerabilities?In a table, the vulnerabilities are listed in the risk matrix, and managers rate the level of risk they pose to operations, confidentiality, the company's reputation, finances, and system availability.
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during march, zea incorporated transferred $62,000 from work in process to finished goods and recorded a cost of goods sold of $68,000. the journal entries to record these transactions would include a:
The journal entries to record the transactions would include a credit to work in process of $62,000.
What does a journal entry include?Journal entries describe how transactions influence accounts and balances and serve as a simple record of all transactions that a business makes. The information in journal entries, which come in a variety of formats to suit corporate requirements, serves as the foundation for all financial reporting.
Although journal entries may include many data points following are the primary ones :
a header with the entry type described and the date entered in the journalsum of money(s), the account(s), and date(s) on which the transaction will debit those account (s)a special reference or identification number;one or more accounts, the sum(s) that will be credited, and the date or dates on which these credits will be effected;a concise explanation of the transactionJournal entries may also contain other pertinent information for the company, such as the subsidiary or subsidiaries participating in the transaction and the currency or currencies used.
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what is the defence of set off and why is it important in the context of an assignment of contractual rights? (2 marks)
Setoff cannot be used as an affirmative defense or to obtain affirmative relief.
The affirmative setoff defense may only be used defensively, and it does not allow recovery of the damages sought to be offset against the recovery of the opposing party, according to precedent established by the California Supreme Court.
The term "setoff" describes a creditor's legal ability to subtract a debt owing to a debtor from a claim the debtor faces due to a different transaction. Recoupment, as opposed to indemnification, demands that the claims be based on the same transaction.
The Bankruptcy Code acknowledges and upholds rights granted under non-bankruptcy law rather than establishing a new body of law that permits setoff or recoupment. To set off or reclaim a debt, a creditor must show both a claim and a legal basis under local, state, or federal law.
Recoupment and setoff are examples of affirmative defenses or counterclaims. The distinction is meaningless outside of bankruptcy.
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Which pricing strategy appeals to consumers because it reduces their need to spend time comparing prices at various stores?.
Everyday Low Price (EDLP) is the pricing strategy that appeals to consumers because the strategy reduces their need to spend time comparing prices at various stores.
Everyday Low Price (EDLP) refers to a pricing strategy designed by retailers to promise customers the lowest prices in their store without having to wait for a sales event, use a coupon, or take any other actions to attain a reasonable price on the products they purchase.
Walmart is one such retailer that exhibits Everyday Low Pricing strategy. Walmart offers low prices to its consumers throughout the year, rather than offering low prices during sale events. Walmart adopted this pricing strategy following its beginning, developing its reputation on being the store that provides consumers with the lowest prices every day.
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which object would require the strongest force to change its motion?
the market for real estate in chad's area has experienced a sudden increase in demand, and there aren't enough homes to go around. it seems like a bidding war ensues for every available property. what's the condition of the real estate market in chad's area?
The market for real estate in Chad's area has experienced a sudden increase in demand, and there aren't enough homes to go around. It seems like a bidding war ensues for every available property. The real estate market has become a seller's market.
The current state of the real estate market is quite healthy, with values continuing to rise in most areas. This is good news for both buyers and sellers, as it means that there is still a lot of interest in purchasing and selling property.
However, it is important to keep in mind that the market can change quickly, so it is important to stay up-to-date on the latest trends.
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a company purchased property for $100,000. the property included a building, a parking lot, and land. the building was appraised at $55,500; the land at $50,200, and the parking lot at $19,300. land should be recorded in the accounting records with an allocated cost of:
A company purchased property for $100,000 . Land should be recorded in the accounting records with an allocated cost of: $40,160
Calculating the problem:Total appraisal value = $55,500 + $50,200 + $19,300
= $125,000
Weight of land in the appraisal value = $50,200 ÷ $125,000
= 40.16%
Amount to include in the accounting record = $100,000 × 40.16%
= $40,160
Why are accounting records consequential?A record of the means and arrears of the company. Where the company's business involves dealing in goods, the account records must enable the company to establish the statement of stock at the end of each fiscal time end including the stock clasping records.
Accounting records:
Account records are crucial sources of information and substantiation used to prepare, corroborate and/ or inspection the fiscal statements. They also include attestation to prove asset power for creation of arrears and evidence of financial and non financial deals.
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Allison is facing challenges because of changes to the toy product lines and quality goals. Which category of pressure for organization change is she contending with? choose the correct answer.
The category of pressure Allison is contending with in the case above is competition.
In business, competition is the way in which a company or organization compete against another company or organization. It can also be defined as when a company contend with other global competitors by wanting to create unique products.
There are several types of competition in business:
Direct competition: competitors are in the same line of business.Indirect competition: competitors offer same products but have different marketing and business strategy and goals.Replacement competotion: competitors use the same resources but offer different products.Learn more about competition at https://brainly.com/question/24625436
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which element of lean is described as a system based on making little changes on a regular basis, anywhere changes can be made, to reduce process, delivery, and quality problems?
Element of lean is described as a system based on making little changes on a regular basis, anywhere changes can be made, to reduce process, delivery, and quality problems is Uniform Plant Loading.
A buy requisition form is an inner report utilized by a worker to buy items or offerings on behalf in their firm. These purchases can be for commercial enterprise operations (together with workplace supplies), inventory, or production inputs.
Push type" means "make-to-stock," wherein the manufacturing isn't always primarily based totally on real demand. " Pull type" means "make-to-order," wherein the manufacturing is primarily based totally on real demand. A powerful shopping approach can keep your commercial enterprise money. A shopping approach defines how your agency buys things.
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if public confidence in the state of the economy suddenly drops in the spring of 2015, from a neoclassical macroeconomic perspective, speculation in the residential housing market will stall. what term is given to describe this type of response?
The term that describes the type of response from the neoclassical macroeconomic perspective to housing speculation will stop due to the decline in public confidence in the economy in the spring of 2015 called rational expectation.
Neoclassical macroeconomics estimates that supply and demand are the main determinants of the economy, starting with goods, prices and income in the economy. When public confidence in the economy declines in the spring of 2015, the demand for property will decrease.
This is because the public will see decisions made by economic agents based on the best available information. Then the public will tend to save and secure their money for things that are more important and urgent than using it for other purposes, because in general, people already know the impact that will arise as a result of government policies. This reasoning describes a decision-making process in which economic actors possess and use all available information and are known as rational expectations.
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what type of team allows people to connect with distant team members across borders and time zones, and to work interdependently with a shared purpose across space, time, and organizational boundaries using technology?
Virtual team allows people to connect with distant team members across borders and time zones.
A virtual team is also referred to as a geographically dispersed team. It is a collection of individuals who communicate with one another online. A virtual team typically consists of individuals from various locations. Since virtual teams communicate virtually, trust and effective communication are essential to their success.
A virtual team has a number of benefits, including:
Lower office expenses: Members can operate from home or a remote location without renting office space from the company.Flexibility: Individual members can develop more flexibility.Productivity gains: Because there is less time lost in commuting and traveling, members of a virtual team typically produce more.A 24-hour workday: Businesses can run on a 24-hour schedule by assigning shifts to several nations.Talent accessibility: Since members can be employed anywhere, the limitation of relying just on the local talent pool is removed.To read about online workspace visit:
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identify what is included as a form of labor? group of answer choices the equipment used by workers. the technology that workers use. the skills a worker has acquired. the facilities where worker work. previousnext
The facilities where worker work included as a form of labor. Labor acts as a foundation for exchange in addition to serving as a base for consumption and production.
To meet his daily work necessities, a guy requires a lot of different goods. He is unable to generate them all. He must trade his extra produce with others in order to meet his requirements. The Contractor shall furnish all labor, services, materials, equipment, tools, transportation, supplies, and incidentals necessary or convenient for the Contractor to production complete the construction described in the Contract and to perform all duties and obligations wholly or in part imposed by the Contract.
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what are reasons for global outsourcing, or offshoring, to a foreign supplier? (choose every correct answer.)
It has resources not available in the U.S.
It has labor that is cheaper than American labor.
It has special expertise.
What is offshore and global outsourcing?Offshoring is when work is completed in a different nation, typically to take advantage of cost savings, as opposed to outsourcing, which is when an organization contracts out work to a third party. One of the main factors influencing a company's decision to outsource is lower operational and labor costs.
A management technique known as global outsourcing involves assigning important, non-core operations to knowledgeable and capable service providers. The management and staffing of business support operations by firms have undergone a substantial change as a result of global outsourcing.
The correct question is:
What are reasons for global outsourcing, or offshoring, to a foreign supplier? (Choose every correct answer.)
It has resources not available in the U.S.
It has a longer supply chain than your current supply chain.
It has labor that is cheaper than American labor.
It has higher tariffs than the U.S.
It has special expertise.
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the concept of continuous improvement is part of group of answer choices d. reengineering. c. action planning. a. management by objectives. e. resource-based view of the firm. b. total quality management.
Total quality management is the concept of continuous improvement.
What is total quality management?Total Quality Management (TQM) is a management strategy that aims to offer unrivaled customer satisfaction through consistent provision of high-quality IT services. It is a management concept that focuses on team-based work arrangements, benchmarking, and complete customer satisfaction.
Total Quality Management (TQM) is a framework for management that is based on the idea that an organization can achieve long-term success by having all of its members, from entry-level employees to its highest-ranking executives, concentrate on enhancing quality and thereby providing customer satisfaction. It also emphasizes continual improvement in all operational stages and 100% accuracy in task execution.
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your employer uses a career average formula to determine retirement payments to its employees. you have 20 years of service at the company and are considering retirement at some time in the next 10 years. your average salary over the 20 years has been $50,000 and you expect this to increase at a rate of 1% a year. your employer uses a career average formula by which you receive an annual benefit payment of 5% of your career average salary times the number of years of service. calculate the annual benefit if you retire now, in 2 years, in 5 years, 8 years, and 10 years.
The average income of a person in a given profession is referred to by this phrase. This is intended to provide readers a broad notion of how much money someone in that profession may expect to make. "Median" salary is a comparable phrase that serves the same function.
The following is the annual benefit if you retire right away, in two years, five years, eight years, or ten years:
Years worked = Y; Salary: S; Average: S; Benefit annually = Y x S x 5%
1) 28, 69000, 96600
2) 31, 71500, 110825
3) 33, 73,000, 120450
The average compensation given to employees in a position reflects both the position's internal value to an organization and its market value. Average salary refers to the member's yearly earnings on average that were received or believed to have been received during the time frame.
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several factors will be considered by the board of directors and management as they consider the level of dividend payout. some of these factors include: the ability of the firm to generate cash to sustain the level of dividends. legal and contractual considerations growth opportunities all of the above
The first hypothesis states that the level of current and anticipated future earnings as well as the pattern or continuity of previous dividends are the most significant factors influencing a company's dividend policy.
The variables in Lintner's (1956) behavioral dividend policy model are comparable to these factors.
Is the company declaring an additional dividend in addition to the regular dividend payout?
A one-time dividend paid to a company's shareholders is called an extra dividend. When a company has extra cash and can reward its shareholders, it pays an additional dividend. Unlike the company's regular dividends, extra dividends are typically one-time events that are paid out in larger amounts.
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A company that wanted to provide a single, unified entry point to its network that would allow different types of users access to different types of resources could do so by establishing a(n)
A company that wanted to provide a single, unified entry point to its network that would allow different types of users access to different types of resources could do so by establishing an enterprise portal.
Companies who wished to offer a single or unified entry point to their network so users could access various resources employed the corporate portal.
The Enterprise Portals are information portals that connect data and business processes while providing users with access to that data.
The corporate portals make sure that the company's employees may get the information they require quickly and effectively.
Therefore, businesses that intended to give users access to many resources through a single or unified entry point into their network employ corporate portals.
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