When a customer asks for something other than my duty I am most likely to : A) Find the appropriate employee and introduce them to customer.
What is a Customer?A customer is the person who purchase the goods and or services from the company, through this contract the company earns revenue and profits.
A customer is also known as the King because it is the one who is the key player for the business, a slight negative publicity or impression can make the company go out of business.
Therefore the customer should be responded with the correct response to their queries and for this it is recommended that the relevant personnel attends the customer and resolves the query on time, as time is also a great factor here, the customer query needs to be resolved on time that is effective and efficient.
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In principal-principal conflicts (conflicts between controlling shareholders and minority shareholders), the ownership (of equity) is
In principal-principal conflicts, the ownership is Concentrated—often greater than 50% of equity is controlled by controlling shareholders.
A corporate shareholder (often called a shareholder in the United States) is an individual or entity (e.g., another corporation, corporation, trust, or partnership) incorporated by the corporation as the legal owner of its share capital. of a public or private enterprise. Shareholders can be called members of the company.
A person or entity becomes a shareholder of a company if its name and other details are entered in the company's register of shareholders or members and the company has no obligation or right to inquire as to beneficial ownership of the shares. Unless this is required. By law. Generally, companies cannot own stock in their own company.
Shareholders' influence on the company is determined by their shareholdings. The shareholders of a company are legally separated from the company itself.
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Alex is starting a career in ux and wants to be able to specialize in a particular ux design role and focus on one project from beginning to end. which job is a good fit for alex?
A small start-up is a good fit for Alex.
Startups are frequently internet- or technology-based firms with broad market appeal. On the other hand, you don't need a sizable market to expand into in order to run a small firm. All you need is a market, and you must be able to effectively contact and service every member of that market.
Despite their tiny size, startups can have a big impact on the expansion of the economy. Startups are the epicenters of the invention; they generate jobs, which increases employment and boosts the economy; and they have a noticeable influence on the cities in which they settle.
After a few years of operation, startups are on the road to success. While small firms develop quickly, they can only do so if they start to see success over time. A startup needs time to develop and gain a large customer base that can use its product.
Types of startups are:
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The theory of frictional unemployment suggests that workers in which age group are least likely to be unemployed for a significant period of time?
The theory of frictional unemployment suggests that workers in25 - 54 age group are least likely to be unemployed for a significant period of time.
What is meant by the term frictional unemployment?Unemployment can be defined as the time in a persons life where they have the skills and all of the knowledge to do work yet they do not have the job positions to work handy.
In the case of frictional unemployment, it is a time of transition that people make between jobs. This is the period where they transition between jobs in the nation.
It is when people would voluntarily leave the place that they are working because they are in search of new job opportunities. Hence we can conclude that The theory of frictional unemployment suggests that workers in25 - 54 age group are least likely to be unemployed for a significant period of time.
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Income inequality in the United States has increased somewhat over the past 30 years. Two factors that appear to have contributed to this are
C: rapid technological change and expanding international trade
About Technological change:
Ours is a time of amazing new technologies. It is frequently described in epochal terms, as a time of technological renaissance propelled by brilliant new technologies, a second machine age, and a new industrial revolution.
Technological change and income inequality:
Technology drives productivity, which drives economic growth. However, as digital technologies have grown in popularity, productivity growth has slowed rather than accelerated. This is a great modern paradox.
Meanwhile, income inequality in the United States has increased sharply, more so than in other major advanced economies. Since the early 1980s, the top 10%'s share of national income has increased from 35% to 47%.
Job insecurity has grown, as have fears of a "robocalypse"—massive job losses due to automation. Intergenerational economic mobility has decreased as income inequality has increased.
Complete Question
Income inequality in the United States has increased somewhat over the past 30 years. Two factors that appear to have contributed to this are
A: tax cuts on high-income individuals and large increases in prices of stocks.
B: strong economic growth and low inflation.
C: rapid technological change and expanding international trade.
D: outsourcing of jobs by U.S. firms and cuts in taxes on capital gains.
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A profit-maximizing firm in monopolistic competition should shut down in the short run if?
When the price is less than average variable cost, a profit-maximizing firm decides to close down in the short run. Furthermore, if the firm's total revenue is less than variable costs in the short run, the firm should close down.
In long run, a business must make at least normal profit to justify staying in an industry, but in the short run, firm will continue to produce as long as total revenue covers total variable costs or price per unit is greater than or equal to average variable cost (AR = AVC). This referred to as the short-run shutdown price.
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The sales contract between buyer Milton and seller Tom has been signed. Whose responsibility is it to keep track of all of the buyer contingency deadlines
The sales contract between buyer Milton and seller Tom has been signed. Milton and his agent's responsibility is to keep track of all of the buyer contingency deadlines.
If there is a breach of the majority of contracts, we seek to award "expectation" damages.
This indicates that we want to grant the harmed party damages that would put them in the same situation as if the contract had been successfully carried out. However, in real estate contract situations, this is typically not feasible.Money damages are not regarded as sufficient if the seller breaches, that is if the seller refuses to close.
The buyer can only genuinely get the "advantage of his bargain" if the buyer is granted the property because each parcel of real estate is unique due to its location.Hence, the answer is Milton and his agent.
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Thanh works in the engineering and manufacturing division of his company. Other departments include marketing, accounting, human resources, and research and development. Each department reports to the CEO. Thanh's company is organized according to a(n) ______ structure.
Thanh's company is organized according to a functional structure.
What is a functional structure?This is the type of structure that would exist in an organization where the people working are shared or divided into departments based on their expertise.
We can see that the company here has different divisions. Each worker would be there based on their skills.
The way that the workers are placed in the various departments are based on their skill sets. The functional managers and the departmental heads are the ones that are to act as the overseers of the departments.
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The _____ is used to characterize the strength of monotonic relationships, even if they are not linear or they are between ordinal variables.
The Spearman's correlation is used to characterize the strength of monotonic relationships, even if they are not linear or they are between ordinal variables.
The Spearman's correlation measures the strength and direction of monotonic association between two variables. Spearman's Rank correlation coefficient is a technique which can be used to summarize the strength and direction of a relationship between two variables. The result will always be between 1 and minus 1.
An advantage of the Spearman rank correlation coefficient is that the X and Y values can be continuous or ordinal, and thus the approximate normal distributions for X and Y are not required.
Hence, the Spearman Coefficient works with monotonic relationships.
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5.2 5.1.4 Suggest why the name of the newspaper Give an example in the play text of a TRC case, Rased on your understanding of the characters and situations in the play, ories? Give give answer
Truth and Reconciliation Commission, South Africa (TRC), courtlike body appointed by the new South African government in 1995 to help heal the country and bring about a reconciliation of its people by revealing the truth about human rights breaches that had happened during the period of apartheid.
What challenges did the TRC face?
The TRC was confronted by a number of challenges, as it was not tolerated by all parties to the conflict. The top echelons of the military did not collaborate with the commission. It was especially the foot soldiers in the security forces and those who were already detained or were facing charges who involved for amnesty.
What was the result of TRC?The Act supplied the possibility of reparations for victims of human rights infringements, and for clearing from prosecution for perpetrators.
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Scenario 1: If the company constructs 9 apartment buildings, the number of stores will be . Scenario 2: If the company is producing at point C, the opportunity cost of building 3 more stores will be apartment buildings.
The number of stores will be 3 and the opportunity cost of building 3 more stores will be 6 apartment buildings.
How to explain the opportunity cost?The Vertical Line represents the number of Stores. The horizontal line represents the number of Apartments.
Take a look at point E. When the apartment is 9, the stores that they could build is 3.
In point C, the company produces 6 Apartments and 7 Stores. If the company wants to build 3 more stores it would become 10 stores. Take a look at point A. Where the stores are 10, the company cannot build any apartments, which means that they had to sacrifice all 6 from point C.
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Why is it important to distinguish whether an individual is an employee or an independent contractor (self-employed)?
To determines whether payroll tax (income taxes and FICA taxes) are withheld from the person's payment, it is important to distinguish whether an individual is an employee or an independent contractor.
The existence of a "employer-employee" relationship between tax payer and payee determines whether an individual is employee or independent contractor. Normally, an employee is under the direct supervision of their employer, who controls how tasks are completed. An independent contractor works on their own to achieve a specific goal.
Whether an individual is employee or independent contractor for income tax purposes, the courts have developed key tests to assist in this determination over years.
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We say that the economy as a whole is in macroeconomic equilibrium if:
For the economy as a whole, macroeconomic equilibrium if the total spending, or aggregate expenditure, equals total production, or GDP: Aggregate Expenditure = GDP.
Macroeconomic equilibrium happens when the quantity of real GDP demanded equals the amount of actual GDP provided at the point of intersection of the ad curve and the AS curve. If the amount of actual GDP provided exceeds the amount demanded, inventories pile up in order that corporations will reduce production and expenses.
Macroeconomic equilibrium is a situation within the economy in which the amount of combination called for equals the quantity of aggregate supply. If there are changes in both aggregate call for or mixture deliver, you can additionally see a trade-in rate, unemployment, and inflation.
The amount of output furnished may be extra than the mixture demand. charges will begin to fall to dispose of the surplus output. As fees fall, the amount of combination demand will increase and the economy returns to equilibrium.
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A firm has a weighted average cost of capital of 11.28 percent and a cost of equity of 14.7 percent. The debt-equity ratio is .72. There are no taxes. What is the firm's cost of deb
The firms cost of debt is 6.53%.
The cost of debt is the effective interest rate paid by a firm on its debt, which includes bonds and loans. Debt, like equity, is part of a company's capital structure. The average interest paid on all of a company's debts is used to calculate the cost of debt.
Debt equity ratio =debt/equity
Hence, the debt =0.72 equity
Let the equity=$x
Hence, the debt=$0.72x
The total value=$1.72x
WACC=(respective costs*respective weights)
0.1128=[(x/1.72x)*0.147+(0.72x/1.72x)*cost of debt)]
0.1128=0.08546+0.4186*cost of debt
Cost of debt=(0.1128-0.08546)/0.4186
=6.53%.
Therefore, the cost of debt is 6.53%.
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A broker dealer must have reasonable basis for believing that a series of recommended transactions are not excessive or unsuitable. This is called quizlet
A broker-dealer must have a reasonable basis for believing that a series of recommended transactions are not excessive or unsuitable. This is called Quantitative suitability -- FINRA Rule 2111.
What does FINRA Rule 2111, Quantitative Suitability, mean?
The quantitative obligation is designed to curtail the practice of churning or making a lot of buy-and-sell trades to increase the broker's commissions. According to this, a succession of transactions may be inappropriate even if each one is appropriate when considered separately. The broker is required to take the investment profile into consideration when determining quantitative appropriateness.
This suitability requirement allowed the broker to recommend the security that offered him a higher commission or charge, which would naturally be paid by the customer if there were two equally acceptable securities to recommend to a client.
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Most investors and all banks expect to be provided financial statements that meet the rules of?
The financial statements that most investors and all banks expect to get are those that meet the rules of the Generally Accepted Accounting Principles or GAAP
What is Generally Accepted Accounting Principles?This refers to the guidelines to financial reporting that are accepted in the United States.
Investors would often want companies that they invest in to give financial statements according to GAAP while all banks will expect it in order to properly analyze it based on the U.S. market.
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Seven Cycles' website allows customers to create and order the perfect bicycle according to their own specifications. This is an example of the Internet facilitating
Seven Cycles' website allows customers to create and order the perfect bicycle according to their own specifications. This is an example of the Internet facilitating customization.
This is further explained below.
What is the Internet facilitating customization.?Generally, They are able to learn from the data of their clients and adjust the content of their website appropriately thanks to online personalization.
In conclusion, Customers may design and purchase a bicycle from Seven Cycles' website based on their own requirements. This is a good illustration of how the Internet makes it easier to personalize products.
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The __________ makes it a crime for a seller to sell at lower prices in one geographic area than elsewhere in the United States to eliminate competition or a competitor. Multiple Choice Federal Trade Commission Act Wheeler-Lea amendment Gramm-Rudman-Hollings Act Robinson-Patman amendment Free Exercise Act
The (D) Robinson-Patman act makes it a crime for a seller to sell at lower prices in one geographic area than elsewhere in the United States to eliminate competition or a competitor.
What is the Robinson-Patman act?The Robinson-Patman Act is a federal statute that was created in 1936 to make pricing discrimination illegal. The Robinson-Patman Act amends the Clayton Antitrust Act of 1914 in order to prohibit "unfair" competition.The Robinson-Patman Act is a federal statute that prohibits pricing discrimination.The law prohibits wholesalers from charging varying pricing to different merchants.The act only applies to interstate commerce and includes an exemption for "cooperative associations."Economists and legal scholars have strongly opposed the measure on a variety of grounds.Therefore, the (D) Robinson-Patman act makes it a crime for a seller to sell at lower prices in one geographic area than elsewhere in the United States to eliminate competition or a competitor.
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Complete question:
The __________ makes it a crime for a seller to sell at lower prices in one geographic area than elsewhere in the United States to eliminate competition or a competitor.
Multiple Choice
(A) Federal Trade Commission Act
(B) Wheeler-Lea amendment
(C) Gramm-Rudman-Hollings Act
(D) Robinson-Patman act
(E) Free Exercise Act
The profit-maximizing rule of mr=mc states that in the short run, the firm will maximize profit or minimize loss by producing the output for which marginal revenue ______ marginal cost.
The profit-maximizing rule of mr=mc states that in the short run, the firm will maximize profit or minimize loss by producing the output for which marginal revenue is equal to marginal cost.
The marginal cost of production and marginal revenue both are those economic measures which are used to determine the amount of output to be produced and the price per unit of a product that will maximize profits.
A rational company always seeks to get as much profit as it can, and the marginal revenue and the marginal cost of production relation helps them to identify the level at which the maximum profit occurs to them. In this case, the target is for marginal revenue to equal marginal cost
When marginal revenue will be less than the marginal cost of production, it will mean that a company is producing too much and should decrease its production until marginal revenue equals the marginal cost of production. On the other hand, when the marginal revenue is greater than the marginal cost, then the company is not producing enough quantity of goods and should increase its output until profit is maximized.
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How does the complexity of public policy problems contribute to bureaucratic independence?
Due to the intricacy of public policy issues and the fact that agencies are experts in these matters, Congress and the president rely on their counsel and information when making decisions. As a result, in a sense, the bureaucracy can write its own ticket.
The federal government has extensive authority over both persons and corporations in the United States. Some criticize this, arguing that since bureaucrats are not elected, they shouldn't have such extensive control over Americans' daily lives. The bureaucracy also has a say in how the majority of tax money is used.
Making rules and enforcing rules are the bureaucracy's two main functions. Despite the fact that the Congress creates legislation, these laws lack detailed instructions on how to be implemented.
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Giving workers responsibility for quality improvements and authority to make changes is known as:______
a) continuous improvement.
b) employee involvement.
c) employee empowerment.
d) passing the buck.
e) benchmarking.
Giving workers responsibility for quality improvements and authority to make changes is known as employee empowerment. Option C. This is further explained below.
What is Employee empowerment?Generally, Employee empowerment may be defined as the condition in which employers empower their staff members by delegating significant responsibilities to those staff members. These responsibilities should be of high value and assistance to the business.
In conclusion, Employee empowerment is the process of giving staff members responsible for quality improvements and the freedom to implement changes.
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Question 3: what is the total period cost for the month under variable costing?
beneath the variable costing technique, all promoting and administrative (constant and variable) fees and glued production overhead is taken into consideration as part of the total period fee. hence, the whole length cost for the month beneath variable costing is $344,000.
underneath variable costing, fixed production overhead is handled as a period price and is charged in complete towards the modern length's profits. 7-2 promoting and administrative charges are dealt with as duration costs underneath both variable costing and absorption costing.
General period expenses encompass any prices that aren't at once related to product production. prison expenses, income commissions, and office components are considered length expenses and have to be recorded as expenses on the balance sheet.
length prices are fees that can't be capitalized on a company's balance sheet. In different phrases, they're expensed in the period incurred and appear at the profits statement. duration fees are also known as length fees.
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ma Rich purchased 100 shares of Stockits, Inc.'s $1 par value common stock from Stockits for $5 per share. Which statements are true regarding the effect of this transaction on Stockits' financial statements? (Select all that apply.) Multiple select question. A gain on will be reported on the income statement. Stockholders' equity on the balance sheet increases. The investing activities section of the statement of cash flows increases. The financing activities section of the statement of cash flows increases. Stockholders' equity on the balance sheet decreases.
The correct options for Which statements are true regarding the effect of this transaction on Stockits' financial statements are B. Stockholders' equity on the balance sheet increases. C. The financing activities section of the statement of cash flows increases.
Equity is something invested in the company by using its owner or the sum of the entire belongings minus the sum of the company's general liabilities. E.g., common stock, additional paid-in capital, favored inventory, retained income, and the amassed different complete earnings.
For most companies, high stockholders' equity shows more stable finances and greater flexibility in case of an economic or financial downturn. information stockholders' equity is one way that buyers can learn about the monetary health of a firm.
Your question is incomplete. Please read below for the missing content.
ma Rich purchased 100 shares of Stockits, Inc.'s $1 par value common stock from Stockists for $5 per share. Which statements are true regarding the effect of this transaction on Stockits' financial statements? (Select all that apply.)
A. A gains will be reported on the income statement.
B. Stockholders' equity on the balance sheet increases.
C. The investing activities section of the statement of cash flows increases.
D. The financing activities section of the statement of cash flows increases.
E. Stockholders' equity on the balance sheet decreases.
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Mike jacobs is planning to lease an automobile. in an effort to minimize the price of the vehicle being leased, mike should compare the ____________ at different leasing companies.
Mike Jacobs is planning to lease an automobile. in an effort to minimize the price of the vehicle being leased, mike should compare the capitalized cost at different leasing companies.
Capitalized costs are costs that are added to the fixed asset cost base on the company's balance sheet. Capitalized costs are incurred for the construction or acquisition of property, plant and equipment. Capitalized costs are recognized over time through depreciation or amortization rather than being recognized as an expense in the period in which they are incurred.
Sum the direct costs, maintenance costs, and all gross interest for a loan for a specific period to get the final cost. Four. Subtract the final profit from the final cost to get the capitalized cost of a given transaction for a given time period.
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A nurse assesses a client's ability to ambulate with crutches using a three-point gait. Which of the following actions should the nurse recognize as a risk to client safety
The action taken by the licensed nurse to recognize as a risk to client safety should be that the client advances the weaker leg first.
What is the role of a licensed nurse?As part of their everyday duties to care for their patients, licensed nurses frequently wear numerous hats. The main responsibility of a licensed nurse is to make sure that every patient receives the appropriate and direct care they require. Licensed nurses evaluate and identify patients' requirements before putting their medical plans and treatments into action and keeping an eye on them. They also make sure that patient care is provided in accordance with the rules and guidelines set forth by their employer, whether it be a hospital or another type of establishment.Certified nurses supervise every patient's care. Nurses oversee all the moving elements in their workplaces, from taking blood pressure and educating patients about their health to collaborating closely with doctors on their medical teams.
Therefore, The action taken by the licensed nurse to recognize as a risk to client safety should be that the client advances the weaker leg first.
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If a profit-maximizing firm in a competitive market discovers that, at its current level of production, price is greater than marginal cost, it should
If a profit-maximizing firm in a competitive market discovers that, at its current level of production, price is greater than marginal cost, it should increase its output.
What is competitive market?In response to customer demand for products and services, a competitive market develops. Due to the competition created by this market system, businesses must assess their costs of production, pricing policies, and product output.
Some key points of the competitive market are-
Perfect competition, as well as competitive markets, aim to factor in both the buyer and the supplier equally and develop strategies based on the market's current supply and demand. We define competitive marketplaces, describe their traits, and explain their functions and distinctions in this article.No single consumer or producer can control the market in an environment where there is competition.A market that is totally competitive has many knowledgeable buyers and sellers, no obstacles to entrance, and no potential for monopolies.Among the ten characteristics of a competitive market are profit, diminishing supply, competition, and exclusion.To know more about competitive market, here
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A exchange is used to swap goods and services for other goods and services through the use of trade credits.
A barter exchange is used to swap goods and services for other goods and services through the use of trade credits.
What is a barter exchange?A barter exchange is a firm or an institution, whose members trade with one another to exchange goods or services. Bartering is the exchange of material goods or services for other objects or services,
In a barter system, goods and services are exchanged for other goods and services without making use of any medium of exchange such as money.
Again, in a barter system, participants in a transaction directly exchange goods or services without the use of money, hence the oldest form of trade.
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Cheyenne Corporation produces high-performance rotors. It expects to produce 69,000 rotors in the coming year. It has invested $11,040,000 to produce rotors. The company has a required return on investment of 20%. What is its ROI per unit
Answer: $32
Explanation:
Answer: It is $32.
Explanation:
What term is used to describe a licensed broker who works for another real estate broker?
Real estate agents who have met extra training and licensed requirements are called brokers. They have the option of working on their own and hiring other real estate brokers. Realtor is a member of the National Association of Realtors and a licensed real estate agent, broker, or other real estate professional.
Members are required to abide by the rigorous Code of Ethics of . Realtor is a member of the National Association of Realtors and licensed real estate agent, brokers, or other real estate professional . Members are required to abide by the rigorous Code of Ethics of NAR.
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According to the service profit chain model, workplace practices affect job satisfaction, which influences employee retention, motivation, and behavior, in turn affecting all of the following except
Workplace practices affect job satisfaction, which influences Employee retention, motivation, and behavior, in turn affecting all of the following except: organizational structure.
What is Service Profit Chain Model ?
Service-profit chain, a company should establish a link between employees and customer experience on the one hand and create profit and growth on the other. The different relationships reinforce each other; satisfied customers contribute to employee satisfaction, loyal employees contribute to customer loyalty, and this customer loyalty will eventually result in profit.
The Service Profit Chain involves customer loyalty, customer satisfaction, employee loyalty, employee satisfaction and productivity. This way, strong links develop between:
Profit – Customer loyaltyEmployee loyalty – Customer loyaltyEmployee satisfaction – Customer satisfactionWorkplace practices affect job satisfaction, which influences employee retention, motivation, and behavior. These employee outcomes affect service quality, which then influence customer satisfaction and perceptions of value, customer referrals, and ultimately the company's profitability and growth.
Therefore, we can conclude that the correct option is E.
Your question is incomplete, but most probably your full question was:
According to the service profit chain model, workplace practices affect job satisfaction, which influences employee retention, motivation, and behavior, in turn affecting all of the following except:
A. service quality.
B. customer satisfaction.
C. perceptions of value.
D. profitability.
E. organizational structure.
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If the product price is $283 the per-unit economic profit at the profit-maximizing output is:________
The per-unit economic profit at the profit-maximizing output is $112 if the product price is $283.
How do we calculate profit-maximizing price?The rule for calculating a profit-maximizing perfectly competitive firm is to produce the level of output where Price equals the Marginal Revenues= Marginal cost.
Hence, the economic profit is calculated by Total Revenue - (Explicit Costs + Implicit Costs) because it entails the difference between the revenue received from the sale of an output and the costs of all inputs.
Therefore, the per-unit economic profit at the profit-maximizing output is $112 if the product price is $283.
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