which of the following is shown on the income statement of both merchandising and service companies? a. gross profit b. operating expenses c. cost of goods sold d. sales revenues

Answers

Answer 1

Operating expenses is the income statement of both merchandising and service companies.

Where are the Operating expenses ?

A company's operating expenses are listed below the line on the income statement. They may be divided into several line items for various categories of expenses, or they may be reported as a single line item occasionally.

An continuing cost for maintaining a system, a business, or a product is known as an operating expense, operating expenditure, operational expenditure, operational expenditure, or opex. The cost of developing or providing non-consumable pieces for the product or system is its counterpart, a capital expenditure.

The costs of doing business are known as operating expenses, commonly referred to as selling, general, and administrative expenses (SG&A). Rent and utilities, sales and accountancy, marketing and advertising, and management and administrative wages are among them.

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Related Questions

According to the consumer behavior model presented in the text, the ________ includes the shopping experience, point-of-purchase stimuli, and sales interactions.

Answers

According to the consumer behaviour model presented in the text, the purchase environment includes the shopping experience, point-of-purchase stimuli, and sales interactions.

The model of customer behavior is what?

An analytical framework for describing why and how consumers make decisions about what to buy is known as a consumer behavior model. The purpose of consumer behavior models is to depict a predictable path of consumer choices up until conversion, assisting you in controlling each phase of the buyer's journey.

What is the consumer behavior model proposed by Howard Sheth?

The Howard Sheth consumer behavior model's basic tenet is as follows: Stimuli serve as the inputs. The results are attention-based responses to a specific stimulus that culminate in purchases. Variables impacting perception and learning exist between the inputs and the outputs.

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extensive flooding in the midwest decreases the world supply of corn. if corn is inelastically demanded, what will happen to total revenues from corn production?

Answers

The decline in revenue per unit sold is more than made up for by increased sales. The Midwest's extensive flooding reduces the amount of corn available globally.

What is corn production?The seed, or corn kernel, sprouts after being sown in the ground and given appropriate water. When maize flowers and is pollinated by bees or other insects, the corn plant photosynthesizes, grows higher, and then the corn plant itself. The plant eventually yields fruit or ears of corn that the farmer can harvest for food.The world's largest producer, user, and exporter of corn is the United States. Every year, around 90 million acres of maize are planted by American farmers, with the Heartland producing the majority of the crop.Native Americans in southern Mexico domesticated corn for the first time around 10,000 years ago. It is thought that the Balsas teosinte (Zea mays parviglumis), a wild grass, is the ancestor of modern corn.

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Are assets that are additions to land and have limited useful lives, such as walkways and fences.

Answers

Walkways and fences are examples of land improvements, which are assets that are added to the land and have a finite useful life.

What Exactly Is Land Improvement?

Buildings are typically written off when a business buys them towards the end of their useful lives. However, the land that is purchased along with the building is not depreciated. Life on the earth is endless. It won't decay over time as a structure would. Land can never be exhausted and cannot be destroyed.

Land improvements stand entirely apart from the actual land. Because of this, land improvements are viewed as entirely different assets than actual land. The cost of land improvements is not included in the purchase price of the land.

It is depreciated over the course of its useful life much like other fixed assets and is instead viewed as a wholly different asset purchase.

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In one week, Jill works at
Starbucks for 15 hours and is
paid $12 per hour. She earns
another $20 in tips. Jill also
works at a basketball referee at
the Kroc Center for 10 hours as
a pay rate of $11 per hour.
Jill's dad is a car mechanic and
Jill earns a 10% commission on
the first service for any new
customer she sends to her
dad's shop. Her dad did a
$1,000 brake job for a new
customer Jill sent to him.
What is Jill's gross income for
this week?

Answers

Answer:

$410

Explanation:

In one week, Jill works at Starbucks for 15 hours and is paid $12 per hour. She earns another $20 in tips. Jill also works at a basketball referee at

the Kroc Center for 10 hours as a pay rate of $11 per hour. Jill's dad is a car mechanic and Jill earns a 10% commission on the first service for any new customer she sends to her dad's shop. Her dad did a $1,000 brake job for a new customer Jill sent to him. What is Jill's gross income for this week?

starbucks: (15 * 12) + 20 = $200

krock center: 10 * 11 = $110

commission: 1,000 * 0.10 = $100

200 + 110 + 100 = $410

which best insurance companies great western casualty in nebraska or trisura commercial liability insurance in oklahoma

Answers

Of the nine major auto insurance providers in our annual study, USAA, Geico, and State Farm consistently have the lowest annual rates for the driver groups we examined.

Insurance is a means of safety from economic loss wherein, in exchange for a fee, a celebration agrees to guarantee some other party repayment in the event of a sure loss, harm, or harm. It's miles the shape of threat management, usually used to hedge in opposition to the threat of a contingent or uncertain loss. An entity that offers insurance is known as an insurer, insurance organization, insurance service, or underwriter. Someone or entity who buys coverage is referred to as a policyholder, even as a person or entity covered underneath the policy is referred to as an insured. Policyholder and insured are often used as but are not necessarily synonyms, as coverage can occasionally make bigger to extra insureds who did no longer purchase the coverage.

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Which economic measure is the total dollar value of all final goods and services produced each year in a country?.

Answers

GDP measures the value of the ultimate product and services—that is, people who are units bought by the ultimate user—produced in a very country in a very given amount of your time.

It counts all of the output generated inside the borders of a rustic. Gross domestic product is the value of all finished products and services created inside a rustic throughout a particular amount.

Gross Domestic Product is the value of all final products and services created within the economy within the year. The idea of GDP is fairly straightforward: it's simply the greenback price of all final products and services created within the economy in a year.

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anne purchased an annuity from an insurance company that promised to pay her $18,000 per year for the next 10 years. anne paid $136,800 for the annuity, and in exchange she will receive $180,000 over the term of the annuity. a. how much of the first $18,000 payment should anne include in gross income?

Answers

Anne bought an annuity from an insurance company that promised her $18,000 per year for the next ten years. Anne should include $4320 of the first $18,000 payment in gross income.

Most individuals have insurance, whether it's for their car, their home, or even their life. But most of us don't give much thought to what insurance is or how it works. Simply put, insurance is a contract, represented by a policy, in which a policyholder receives financial protection or payment from an insurance company in the event of a loss. The company pools its clients' risks in order to make payments more cheap for the insured.

Insurance plans are intended to protect against the risk of financial losses, both large and minor, that may arise from harm to the insured or their property, or from liability for damage or injury caused to a third party.

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selecting a small number of representative testers and having them perform a task with a product is .

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Selecting a small number of representatives testers and having them perform a task with a product is usability testing.

What is usability testing?

Usability Testing is a significant type of software testing technique, which is comes under the non-functional testing.

It is primarily used in user-centered interaction design on order to check the usability or ease of using a software product. The implementation of usability testing requires an understanding of the application, as it is extensive testing.

Generally, usability testing is performed from an end-user viewpoint to verify if the system is efficiently working or not.

Usability testing is one of the distinct testing techniques that identify the defect in the end-user communication of software product. And that's why it is also known as User Experience (UX) Testing.

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answer the following questions about the multiplier. a. how much will gdp change after a $545 billion increase in government purchases, if the multiplier is 1.5? $ billion b. how much will gdp change after a $400 billion decrease in government purchases, if the multiplier is 1.25? $ billion c. if a $300 billion increase in government purchases leads to a $450 billion increase in gdp, what is the value of the multiplier? multiplier

Answers

The total monetary or market value of all the finished goods & services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.

What is Multiplier ?

Gains in total output are greater than the shift in spending that created them in terms of the gross domestic product (GDP), thanks to the multiplier effect. The relationship among government spending and gross domestic product is commonly referred to as a multiplier.

Although it is commonly calculated on an annual basis, GDP can also be calculated on a quarterly basis. As an illustration, the American government creates annualized Provided the necessary for the entire calendar year but each financial quarterly.

The monetary worth of all completed goods and services produced in a nation over a certain time period is known as the gross domestic product (GDP). The estimated GDP of a nation can be used to determine the size & growth rate of an economy. Spending, output, and income can all be used to compute GDP, which can then be adjusted for population and inflation to give more detailed results.

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work in process inventory on may 30 contains $3,741 of direct labor cost. raw materials consist solely of items that are classified as direct materials. the cost of goods manufactured for may was:

Answers

The cost of goods manufactured was of $1,660 to Manufacturing Overhead.

What is manufacturing overhead ?

All ancillary expenses incurred throughout the production process are referred to as manufacturing overhead. Items created inside one reporting period are subject to this overhead.

Costs, however, that are incurred beyond the manufacturing units are not costs for the products and cannot be inventoried. These expenses, which comprise selling, general, and administrative charges such corporate salaries, audit, and legal fees, are only reported as expenses and are included in the financial statements for the books of accounts in which they take place.

When preparing a financial statement, batch production is added to the units produced during a reporting period and represents the total of all indirect expenditures.

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which one is not a function of money? question 25 options: medium of exchange a store of value a unit of account a tool to promote innovation in the long run.

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Hyperinflation is not a function of money. Money serves as a medium of exchange, as a store of value, and as a unit of account.

Money is a good that is widely used as a medium of exchange for goods and services. Money is the means by which costs and values are expressed; as a unit of account, it refers to any thing or verifiable record that is typically accepted as payment for goods and services as well as the repayment of debts, such as taxes, in a specific nation or socioeconomic setting.

In British English, a structure or section of a structure where goods are sold is typically referred to as a shop. Are there any stores in this area? In American English, this type of structure is typically referred to as a store, with the term "shop" only applied to very small stores that sell a single category of goods. Mom visited the store.

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the terms direct cost and indirect cost are commonly used in accounting. a particular cost might be considered a direct cost of a manufacturing department but an indirect cost of the product produced in the manufacturing department. classifying a cost as either direct or indirect depends upon a. the behavior of the cost in response to volume changes. b. whether the cost is expensed in the period in which it is incurred. c. the cost object to which the cost is being related. d. whether an expenditure is unavoidable because it cannot be changed regardless of any action taken.

Answers

The distinction between direct and indirect costs.Indirect is dependent on the relationship to the price item. Whether the price can be connected.

It is unwaveringly direct to the cost object.Instead, if it cannot be linked to the Cost is an indirect object.If a cost is variable or fixed.Incorrect. Direct expenses may be fixed or Variable.If the expense can be tracked easily.Use the cost object. Correct.The cost’s actions in response to Volume alterations Incorrect. This is a determinant.Costs (or fixed that fluctuates with relevant Range)Whether the expense is recorded as aThe time when it is incurred. Incorrect.While indirect costs cannot be as easily attributed to any unit of measurement, direct costs may be easily related to a specific cost unit.For certain goods or units, direct costs are incurred. In other words, it might be prevented if certain procedures weren’t performed. The price of raw materials is one instance.Provide numerous benefits at direct cost to support operation and output. Even without an active procedure, it can still be incurred.

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All year-end tax reporting forms for the preceding calendar year must be delivered to the employees by ______________.

Answers

The deadline for corporations to file their tax returns is the fifteenth day of the third month following the end of their fiscal year.

By submitting Form 7004, corporations who submit tax returns automatically receive a six-month extension.

When are taxes due after the end of the fiscal year?

Your return is due on or before the 15th of the fourth month following the end of your fiscal year if you use a fiscal year, which is a tax year that ends on the last day of any month other than December. The due date is moved up to the next business day if it falls on a Saturday, Sunday, or legal holiday.

What kinds of returns are due March 15?

Some types of businesses (partnerships, multi-member LLCs, and S-Corporations) must pay taxes by March 15, 2023.Organizations coordinated as organizations, including multi-part LLCs, and S-Enterprises need to document Structure 1065, or 1120S by Walk 15, 2023, in the event that they are a schedule year business.

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how do the direct materials budget, direct labor budget, and manufacturing overhead budget relate to the budgeted income statement?

Answers

The budget for direct materials and general manufacturing expenses are incorporated into the unit cost, used to calculate the cost of goods sold in the budgeted income statement.

What is the unit cost?

It corresponds to the costs of production, inventory and sale of a good that a company makes available in the market, being the set of fixed costs and variable costs that are related to each stage of the production process.

Calculating the unit cost or cost of goods sold is essential for a company to be able to determine the amount it will spend on its production process to determine its pricing strategy, marketing and future projections, for example.

Therefore, it is essential that the unit cost of a produced good is accurately established, as this is an instrument of greater control over the business that allows achieving economies of scale and also developing strategies to increase profit.

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what are some of the potential consequences of large deficits and accumulated debt according to the memo?

Answers

Large annual deficits and debt, they cautioned, could result in unsettling, even disastrous, protracted recessions, rising interest rates, rising inflation, fewer opportunities for upward mobility, a weaker dollar, a falling stock market, and a massive sell-off of foreign governments' holdings of U.S. Treasuries.

What is inflation?

In the field of economics, inflation is the general term for an increase in the cost of goods and services across an economy. Each unit of currency can purchase fewer goods and services as the general price level rises; therefore, inflation is associated with a decline in the purchasing power of money. The majority of economists concur that persistently excessive growth in the money supply is the primary cause of high inflation as well as hyperinflation, both of which have extremely disruptive effects on the real economy. There is a wider range of opinion regarding inflation that is low to moderate. Real demand changes for goods and services or adjustments to the supply, such as those that occur during shortages, may be the cause of low or moderate inflation. Both positive and negative effects of moderate inflation are seen in economies.

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wine and roses, inc. offers a 10.0 percent coupon bond with semiannual payments and a yield to maturity of 11.00 percent. the bonds mature in 9 years. what is the market price of a $1,000 face value bond? $1,381.47 $1,506.07 $943.77 $1,562.30 $1,076.69

Answers

For a bond with a face value of $1,000, the market price is 943.77

Which five aspects of bond valuation are they?

The bond's price, interest rate and yield, maturity date, and redemption features are the most significant aspects. You can determine whether a bond is an appropriate investment by analyzing these key components.

The discounted cash flow method is used to determine a bond's value. That is, the price of a bond is the discounted present value of the bond's cash flows at the required rate of return, which includes interest payments and par value repayment.

N per = 9 x 2 = 18

Rate = 11 x 2

PMT = 1000 x 10 % x 1/2 = 50

FV = 1000

PV =?

Market Price = PV(Rate, N per, PMT, FV)

= PV(11%/2,18,50,1000)

= 943.77.

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what is the dscr for a $2.5 million property generating a 7.5% before tax annual return on equity with a $1.5 million ten-year interest-only first mortgage loan at a 5% annual interest rate?

Answers

The dscr for a $2.5 million property generating a 7.5% before tax annual return is 2.00.

DSCR= net operating income/debt

7.5% of 2.5 million = 0.1875 millon

5 % of 1.5 million = 0.075

dscr = 2.5 + 0.18 / 1.5 - 0.075 = 2.00

A tax is a obligatory monetary charge or a few other sort of levy imposed on a taxpayer by using a governmental company with a view to fund government spending and various public costs, and tax

Taxes are obligatory contributions levied on individuals or organizations by a government entity—whether or not local, nearby, or country wide. Tax sales finance government activities, which include public works and services including roads and schools, or programs which include Social safety and Medicare.

A tax that takes a bigger percent of earnings from excessive-earnings companies than from low-profits companies.

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In 2016, Alliant Corporation acquired Centerpoint Inc. For $352 million, of which $62 million was allocated to goodwill. At the end of 2018, management has provided the following information for a required goodwill impairment test: Fair value of Centerpoint, Inc. $ 256 million Fair value of Centerpoint’s net assets (excluding goodwill) 228 million Book value of Centerpoint’s net assets (including goodwill) 290 million Alliant prepares its financial statements according to IFRS, and Centerpoint is considered a cash-generating unit. Assume that Centerpoint’s fair value of $256 million approximates fair value less costs to sell and that the present value of Centerpoint’s estimated future cash flows is $261 million. Required: Determine the amount of goodwill impairment loss Alliant should recognize

Answers

The amount of goodwill impairment loss Alliant should recognize is $29 million.

What is impairment loss?

It is a sudden loss in value. It can be result from the unexpected sources like a market crash or natural disaster. Depreciation is an expected loss in market value due to normal wear and tear. For example, a car naturally depreciates once it's driven off the lot.

Now, let's try to answer the question.
As per IFRS, An impairment loss is the amount by which the carrying amount of an asset or a cash-generating unit exceeds its recoverable amount.

The recoverable amount of an asset or a cash-generating unit is the higher of its fair value less costs of disposal and its value in use.

Value in use is the present value of the future cash flows expected to be derived from an asset or cash-generating unit.

Carrying Amount of goodwill = $290million - $228million = $62 million

Recoverable amount = higher of its fair value & its value in use(future cash flows expected)

fair value of goodwill = $256 million - $228million = $28 million

value in use for goodwill = $261 million - $228million = $33 million.

Higher of the both = $33 million.

So impairment Loss = Carrying Amount of goodwill - Recoverable amount

= $62 million - $33 million.

= $29 million.

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accy307 exam2 question 34 debra has been allocating manufacturing overhead (moh) costs to her products using a single plant-wide rate of $15.00 per direct labor (dl) hour. a recent job required 348 dl hours, 41 production runs, 26 quality inspections, and 21 factory supervisor hours. based on the increased activity, the accountants are suggesting a transition to activity-based costing (abc) and have suggested the following rates: materials handling: $9.50 per direct labor hour production setup: $18.90 per production run quality inspections: $7.00 per inspection factory supervisor: $12.10 per supervisor hour assuming that debra makes the switch to abc, what are the total moh costs allocated to the most recent production run?

Answers

Predetermined overhead rate = Estimated total manufacturing overhead cost The estimated total amount of the allocation base

= $840,000 = 140% of direct labor cost

$600,000 direct labor cost

The manufacturing overhead cost applied to the Koopers job is computed as follows:

$9,500 × 140% = $13,300

Predeterminism is the philosophy that every one event of records, beyond, present, and future, had been already decided or is already recognized (by using God, fate, or some different force), which includes human moves. Predeterminism is intently associated with determinism.[1] The concept of predeterminism is frequently argued by invoking causal determinism, implying that there may be an unbroken chain of previous occurrences stretching back to infinity. In the case of predeterminism, this chain of occasions has been pre-hooked up, and human actions cannot interfere with the results of this pre-hooked-up chain. Predeterminism can be used to mean such pre-mounted causal determinism, wherein case it's far labeled as a selected type of determinism.

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on november 1, 2020, norwood borrows $200,000 cash from a bank by signing a five-year installment note bearing 8% interest. the note requires equal payments of $50,091 each year on october 31. required: complete an amortization table for this installment note. prepare the journal entries in which norwood records the following: (a) accrued interest as of december 31, 2020 (the end of its annual reporting period). (b) the first annual payment on the note.

Answers

46,380 would be the Annual Installment Payment on november 1, 2020, norwood borrows $200,000 cash from a bank by signing a five-year installment note bearing 8% interest.

Given information

Norwood borrows $200,000 installment cash from bank by signing a five-year installment note bearing 8% interest on November 1, 2019 Annual Installment Payment

Equal annual payments is $50,091 paid on October 31 each year.

Amortizarion Schedule for this installment note

Date Annual Installment Payment Interest on note Repayment of note Note Payable

(A) (B) (C ) (D) = (B) - (C ) (E )

01/11/2019 $ $ $ $200,000

31/10/2020 50,091 16,000 ($200,000 * 8%) 34,091 165,909 ($200,000 - $34,091)

31/10/2021 50,091 13,273 ($165,909 * 8%) 36,818 129,091 ($165,909 - $36,818)

31/10/2022 50,091 10,327 ($129,091 * 8%) 39,764 89,327 ($129,091 - $39,764)

31/10/2023 50,091 7,146 42,945 46,382 ($89327 - $42,945)

31/10/2024 50,091 3,711 46,380 2* (*Rounded to Zero)

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say you belong to a group that has fifty members (n) and in order to get a particular benefit (b), you need fifteen members (k) to contribute. those who contribute pay a cost (c). of course, b > c. if you know that 10 members of the group (aside from yourself) are willing to contribute, what would collective action theory predict you would do? group of answer choices

Answers

If you know that ten members of the group (aside from yourself) are willing to contribute, the collective action theory predicts that you would not contribute.

Collective action theory is a social scientific theory that seeks to explain why individuals engage in collective action, or why they do not. The theory has its roots in microeconomics and game theory, and it has been applied to a wide range of social phenomena, including political protest, environmental conservation, and economic development.

Collective action theory posits that individuals will only engage in collective action if they believe that it will be effective in achieving their desired outcome.

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the source of hyperinflations is primarily group of answer choices lower output growth. continuing declines in velocity. increases in money-supply growth. continuing increases in money demand.

Answers

Hyperinflation is caused primarily by a mix of slower output growth and (c) increases in money-supply growth

In industrialized countries, hyperinflation, defined as a succession of rapid, excessive, and unmanageable price increases, is uncommon. That's because actual hyperinflation, according to most economists, necessitates a high inflationary rate of 50% per month or 1,000% or more per year.

A 2% annual inflation rate is "most consistent with the Federal Reserve's mandate for maximum employment and price stability," according to the Federal Reserve System of the United States (FRS).

Hyperinflation is distinct. Inflation on steroids is what hyperinflation is. In the event of hyperinflation, a $1 item today could cost $10 or $50 in a year. According to Anders Slund of the Peterson Institute for International Economics, hyperinflation occurs only in very specific situations, such as currency breakdown, war, fiscal authorities losing control, or "wild populism."

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you are a mechanic who can make more money by diagnosing and repairing nonexistent car problems. how might an egoist complete this statement? charging people for unnecessary repairs is . a.) acceptable if your competitors do it, too b.) a neutral ethical action because no one is hurt c.) wrong, because running an honest business will earn you more money in the long run d.) right because you charge some customers below costs and it balances out

Answers

Charging people for unnecessary repairs is wrong, because running an honest business will earn you more money in the long run.

Running a company that takes pride in being morally upright and socially responsible is difficult, and many businesses wind up making numerous compromises in the name of profit. You'll probably discover that honesty isn't valued as a key quality if you look further into those businesses. But if honesty isn't a guiding principle in how that company approaches every step of its work process, it's nearly impossible for that business to develop trust. Honesty in business involves more than just acting morally; it also involves upholding the principles upon which a business was established.

Honesty is a crucial quality for a company to possess because it establishes the tone for the type of workplace culture you want to foster, ensures consistency in workplace behavior, and fosters customer and prospect loyalty and trust.

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Answer:Right, as long as no one takes action against you for it

Explanation:

now that we understand copyright, what would need to change in order for the scenario from the warm-up to be okay?

Answers

I would have to draft a creative commons license allowing others to use my work and market products bearing my artwork.

A copyright is a type of intellectual property that, for a specific period of time, grants the owner the sole authority to reproduce, transmit, adapt, display, and perform a creative work. The creative work may take the form of a literary, artistic, musical, educational, or other creation. A copyright is subject to limitations based on public interest considerations, such as the fair use doctrine in the United States. A copyright is intended to protect the original expression of an idea in the form of a creative work, but not the idea itself.

In some jurisdictions, copyrighted works must be "fixed" in a physical form. It is frequently written jointly by several authors, each of whom has a specific set of license or usage rights.

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by providing lyft passengers an upfront pricing quote for a ride, then actually charging that price for the ride, lyft is able to eliminate which gap in service quality?

Answers

Priority mode will give you the opportunity to accept ride requests ahead of other drivers.

According to Lyft, this shortens the gap between rides and enables you to make more money overall.Lyft’s marketing approach relies on variety of communication channels, from direct emails and social media interaction to national broadcast commercials. Positive word of mouth among the current Lyft rider group helps Lyft as well the cost of a Lyft ride depends on the route and nature of the journey, as well as on-demand and availability. The cost of a ride will probably be greater than usual if numerous passengers in your.Neighborhood request one at the same time. Demand will likely be higher during Rush hour, during significant local events,and when inclement weather occurs.

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a family with $55,000 in assets and $22,000 of liabilities would have a net worth of: question 20 options: 1) $77,000. 2) $22,000. 3) $55,000. 4) $33,000.

Answers

The net worth is $33,000. So option 4 is the correct option of the given statement .

In a balance sheet, what does net worth mean?

In general, a person's or company's net worth is equal to all of their assets minus all of their debts and other liabilities. Net worth is shown in the owners' equity portion of a company's balance sheet. The company's total financial situation can be expressed by net worth.

Why do we compute net worth?

The margin by which your assets outweigh your liabilities is known as your net worth. Net worth is the sum of your assets minus your liabilities, to put it simply. You have a positive net worth if your assets are greater than your obligations.

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a company implements lean, which result are we most likely to observe group of answer choices an increase in work in process inventory a reduction in employee morale employees being required to work faster a decrease in changeover time (set up time)

Answers

a reduction in employee morale is most likely observed when a company implements lean

Lean implementation is a transformative process that must support both organizational development and process improvement. We develop a risk-management-based method for determining which lean tools are most appropriate for a specific organizational setting. This enables the lean transformation to account for situational and contingency variables. The method is demonstrated through the use of a small manufacturing company with a high-variety, low-volume business model. Thus, given contextual knowledge of the organization, it is possible to predict which lean methods are most important in the situation. This allows for the prioritization of organizational effort toward lean methods relevant to the organization at that time in its development.

The root cause of low morale is a lack of trust and comfort.

Employees will stop sharing if they believe their ideas are not valued. A lack of respect for ideas can manifest itself in a variety of ways, such as criticism, inattention, lack of adoption, and ruthless competition during meetings.

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before it collapsed swissair was once one of the richest airlines in the world. leaders felt so successful that they quit questioning their decisions (individual concerns were brushed aside or kept quiet); this practice is known as .

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A poorly thought-out alliance strategy that also damaged Swissair's reputation as a high-quality carrier and the company's failure to successfully coordinate its own operations led to Swissair's quick collapse from one of the industry' most famous carriers into bankruptcy.

Affected by the Great Depression was Switzerland?

The two epicentres were the United States and Germany, although every economy-dependent nation suffered. With the exception of 1937 and 1939, Switzerland's industrial production decreased by 20% between 1929 and 1932 and stayed below the 1929.

The two epicentres were the United States and Germany, although every economy-dependent nation suffered. With the exception of 1937 and 1939, Switzerland's industrial production decreased by 20% between 1929 and 1932 and stayed below the 1929 level through the conclusion of the decade (and, indeed, the end of World War II).

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If you are buying a home, it is usually best to choose a fixed mortgage __________________.

A: If you plan to rent it out
B: If you plan to stay there a short time before moving again
C: If you plan to stay there many years
D: If you plan to have a large family

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It’s C. “If you are planning to stay in your home for at least 5-7 years, and want to avoid the potential for changes to your monthly payments, a fixed-rate mortgage is right for you.”

the expected rate of return of an investment . a. equals one of the possible rates of return for that investment b. is the mode value of the probability distribution of possible outcomes c. is the mean value of the probability distribution of possible outcomes d. is the median value of the probability distribution of possible outcomes e. equals the required rate of return for the investment

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The expected rate of return of an investment is the mean value of the probability distribution of possible outcomes.

In a monetary outlook, an investment is the acquisition of goods that are not consumed these days but are used in the future to generate wealth. In finance, funding is a financial asset bought with the concept that the asset will offer earnings further or will later be offered at a higher cost price for a profit.

By means of investment, economists mean the production of products is a good way to be used to provide other items. This definition differs from famous usage, wherein choices to purchase shares (see stock market) or bonds are ideas of as investments. investment is usually the result of forgoing consumption.

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