This is also known as the three duties towards the customer DAD Dealing with Honesty. Accounting for all funds and Disclosing the material facts to the buyer.
Who is a buyer?A buyer is a customer who purchases the goods and or services of a company through which the company generates the revenue and earn profits. The buyer plays a key role in the development and running of a company.
The buyer should be allowed to have all the information about the product or service it is going to purchase, the buyer should be informed about the market rates and the demand of the goods as this is a material fact about the product.
Therefore it is a duty that a seller owes to the buyer to deal with honesty that is not charging high price if they are unaware of the price of the product.
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You are a consultant who is working with an organization and want to incorporate the practice of teaming into their company. Which of the following would be the strongest approach
The strongest approach is to develop team charters that formally outline the rules within pre-established teams. This is further explained below.
What is the organization?Generally, an organized collection of individuals with a specific goal, such a company or government agency.
In conclusion, Team charters are the best way to codify the rules of play for established teams.
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The Civil Rights Movement can be most accurately described as primarily an uprising against the KKK.
It is false to claim that the Civil Rights Movement can more accurately be described primarily as a revolt against the KKK.
What was the Civil Rights Movement?It was the movement of the African-American population that took place during the 50s and 60s, whose main objective was the conquest of civil rights for blacks, in order to achieve equity among citizens regardless of racial characteristics and the end of segregation and institutional racism in the country.
Therefore, it is concluded that the civil rights movement emerged with the need to promote social justice in the country and equity to black citizens, who suffered from discrimination and racist movements, such as the KKK.
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In order to determine GDP using the expenditures approach, all spending on _____ goods and services, not intermediate goods, is added up.
In order to determine GDP using the expenditures approach, all spending on final goods and services, not intermediate goods, is added up.
This is further explained below.
What is GDP?Generally, GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period.
In conclusion, The expenditures technique calculates GDP by adding up all expenditures on final products and services, not intermediate goods.
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Distribution network for fmcg fmcg distributor management distributor management system distributor management software. distributor management software. distribution system for fmcg dms questions before buy distribution network for fast moving goods distributor management system ppt
Three significant individuals make up FMCG distribution channels: agents, merchants, and facilitators. By promoting a company's product, agents increase sales, but they never stock or purchase the item themselves.
Modern DMSs prevent stock outs and overstocking, improve supply chain efficiency, and enable businesses to obtain real-time data from distributors. They also streamline all distribution operations and activities.
The use of electrical energy has grown dramatically in recent years, and both customer demands and standards of power quality have evolved significantly. The efficient use and dependability of electric energy became crucial as it became a necessity for daily living.
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Use the information in Exhibit 64 to answer the following question. Given the sector information in Exhibit 64, what could be concluded about the business strategy of Company D in 2011 and 2012
Company D was able to gain market share by targeting a niche market with a new product.
A niche market is a section of a bigger market that may be defined by means of its own particular desires, options, or identification that makes it distinct from the market at huge. As an example, in the marketplace for ladies' footwear are many different segments or niches.
A spot marketplace is the subset of the marketplace on which a specific product is focused. The marketplace area of interest defines the product features aimed at pleasing specific market desires, in addition to the fee range, production great, and the demographics that it's far supposed to goal. it's also a small market section.
An eCommerce niche is a distinct section inside any given marketplace and is frequently an area that is neglected by other agencies. Examples of niches include handmade objects, puppy meals or puppy owners, latest t-shirts, products, beauty products, devices, or other trending products.
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The table below shows the after-tax income and consumption spending for a nation. a. Calculate the dollar amount of savings, the marginal propensity to consume (MPC), and the marginal propensity to save (MPS) for each level of income. Instructions: Enter your answers for savings as a whole number. Round your answers for MPC and MPS to one decimal place.
The dollar amount of savings equals $13,375, the marginal propensity to consume equals 0.9 and the marginal propensity to save equals 0.1.
What is the dollar value of savings?After-tax income is $23,100, savings is $9,600 ($23,100 − $13,500).
Then when after-tax income is $29,975, savings is $10,975 ($29,975 − $19,00).
Finally, when after-tax income is $37,975, savings is $13,375 ($37,975 − $24,600).
What is marginal propensity to consume?Because the income increases from $18,100 to $23,100, the amount of extra income is $5,000. Increase in consumption = $4,500 ($13,500 − $9,000). The MPC at this level of income is $4,500/$5,000 = 0.9.
What is marginal propensity to save?= 1 - MPC
= 1 - 0.9
= 0.1
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______ analysis identifies the relative contribution made by each financial statement line item.
The vertical analysis identifies the relative contribution made by each financial statement line item.
Vertical Analysis: What Is It?Each line item is provided as a percentage of a base figure in the statement as part of a technique called vertical analysis for financial statement analysis. As a result, line items on an income statement and balance sheet can both be expressed as a percentage of gross sales, a percentage of total assets or liabilities, and a percentage of total assets or liabilities, respectively. Vertical analysis of a cash flow statement also displays each cash inflow or outflow as a percentage of total cash inflows.
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A growing trend is for lead firms to work collaboratively with their suppliers to build capabilities and create shared value.
a. true
b. false
It is true that a growing trend is for lead firms to work collaboratively with their suppliers to build capabilities and create shared value.
What is a growth trend?Growth trend is a pattern or activities done to keep an organization in place. The trend shows how well a business is doing and how bad it is doing in terms of placement in market and ability to compete.
Companies need to work with actors in the value chain to attain success, Supplier are important actors that manufacturers have to work with to create value.
Therefore,
It is true that a growing trend is for lead firms to work collaboratively with their suppliers to build capabilities and create shared value.
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Which feature is a characteristic of secure access? select one: accounting deception environment simulation compliance
Compliance is a feature of secure access.
What is secure access?This is the term that is used in cyber security to mean the bringing together of secure cloud security into the cloud services.
It works by enabling both security and network together as a service that can be rendered via cloud. What this helps to do is to ensure the safety and the security of the services.
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2. The public information strategy includes the types of information to be distributed, the procedures for distributing information, procedures for updating or correcting information, and:
A method for allowing the public to express concerns or questions.
What does public information strategy include?It aids in creating and maintaining a favorable public perception of your company. It entails reaching audiences by exploiting news stories and public interest themes that don't involve direct payment.
Find out what needs to be altered or improved, and then identify positive elements to build.
Identify any societal, economic, or industrial trends that need to be taken into account.
I understand the question you are looking for is this:
The public information strategy includes the types of information to be distributed, the procedures for distributing information, procedures for updating or correcting information, and:
A) a method for allowing the public to express concerns or questions.
B) the time of day to distribute information.
C) when to withhold information.
D) the cost of distributing information.
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What are the five essential elements of an enforceable contract according to roger 2012 essentials of business law?
A legitimate contract must have all necessary aspects such as an offer, its , meeting of minds, acceptance, communication, consideration, capacity, and legality.
Enforceable contracts can be enforced, especially when lawful or valid creditors have enforceable contract rights.
Valid contracts, invalid contracts, voidable contracts, unlawful contracts, and unenforceable contracts are the five types of contracts based on validity. A valid contract is one that is legally enforceable, whereas a void contract is one that is not legally enforceable and imposes no duties on the parties concerned.
Therefore, the answer is given below:
Meeting of mindsAcceptanceCommunicationConsiderationCapacity, and legality.To know more about enforceable contract click here:
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Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $184,000 a year. It is estimated that these employees move 640,000 pounds of material per year. If 64,000 pounds are moved in March, how much of the material handling cost should be assigned to products made in March
material handling cost should be assigned to products made in March $36,000.
Given data,
labor cost = $360,000
move material per year = 600,000 pounds
To find out material handling cost.
we find here first Labor Cost per pound of material that is express as
Labor Cost per pound of material = Labor Cost ÷ Number of Pounds of material .......................1
Labor Cost per pound of material ==360000/600000= $0.6 per pound of material
Labor Cost per pound of material = $ .6 per pound of material
so, we can say that 60000 pounds are moved in March so cost will be
60000 pounds are move cost = 60000 × $0.6
60000 pounds are move cost = $36000
material handling cost is: $36,000
What is material handling cost?The freight for the items (equipment and material), insurance, and customs clearance fees, among other expenses, make up material handling costs (or MRC). Posted in Procurement and tagged cost, procurement, logistics.
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Assuming that all occupied blocks need to be moved, how long will it take to compact the memory
Assuming that all occupied blocks need to be moved, to compact the memory it will take a while.
To compact the memory all the free partitions are made contiguous and all the loaded partitions are brought together. Also, all the occupied blocks need to be moved.
By applying this technique, we can store the bigger processes in the memory. The free partitions are merged which can now be allocated according to the needs of new processes.
When you compact the memory, it moves the in-use areas of memory to eliminate holes in order to create larger contiguous free areas.
Hence, to compact the memory it will take a while.
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A company's required rate of return computed as an average of the rate the company must pay to its lenders and investors is called:________.
A company's required rate of return computed as an average of the rate the company must pay to its lenders and investors is called: Cost of capital.
What cost of capital?Cost of capital can be defined as the required return a person or an individual who provide capital for the start up of a business is expecting to receive or the return an investor is expecting for investing in a business.
Hence, cost of capital is the expected rate of return a company or an organization must pay to its lenders and investors.
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Answer: Hurdle rate
Explanation:
You estimate the duration of an activity as five days because an expert told you that it took five days to complete a similar activity in a previous project. Which of the following methods have you used for your activity estimation estimate
Analogous estimating method is used for activity duration estimation.
What is Analogous Estimation?
Using the analogous estimation technique, the project manager examines a previous project, analyzes its factors, and uses that data to estimate the size and expense of the current project.
Why is analogous estimating most reliable?
When there are few specifics available early in the project, analogous estimation is a more accurate method of estimation. The technique is straightforward, and it takes very little time to estimate. Since the method is based on the organization's prior project data, a high success rate for the organization can be anticipated.
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a variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as an
A variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as a broker-dealer. This is further explained below.
What is a broker-dealer?Generally, a member of the Stock Exchange who performs the duties of both a broker and a jobber.
In conclusion, An individual who wishes to sell variable life insurance must first get a license and then be designated as a life and variable contract agent in addition to being a broker-dealer.
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Berkshire hathaway’s sharpe ratio is ________ than the aggregate stock market for the sample period? (please use the std sharpe ratios)
Berkshire Hathaway's Sharpe ratio is 0.79 than the aggregate stock market for the sample period.
The Sharpe ratio of Berkshire Hathaway was 0.79 over the period from 1976–2017. Although this Sharpe ratio is nearly double than that of the overall stock market, it is still considered lower than many investors imagine.
Sharpe ratio is considered the measure of risk-adjusted return of a financial portfolio. A portfolio with a higher Sharpe ratio is considered superior relative to its peers.
Berkshire Hathaway's Sharpe ratio of 0.79 means that this fund has had better risk-adjusted performance than the average Global Equity fund. So, the higher the Sharpe Ratio, the better a fund's returns would be in relative to the risk it has taken on.
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How can a strong credit score help you to negotiate a better price on big purchases items, like cars
Your ability to negotiate for a reduced interest rate on a credit card or new loan depends on your credit score. You can benefit from other alluring offers you've received from other businesses depending on your credit score if you need more negotiating leverage.
What do you understand by credit score?
A credit score, which ranges from 300 to 850, represents a person's creditworthiness. The better a borrower seems to potential lenders, the higher their score. A credit score is determined by a variety of factors, including the number of open accounts, the total amount of debt, the repayment history, and others.
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There are three levels of analysis in OB, and, as we move from the individual level to the group level, to the organization systems level, we add systematically to our understanding of behavior in organizations. True False
True
The organizational system is the structure of how an organization is set up. This structure defines how each department of the company is organized, the hierarchy, to whom to report, and how communication flows throughout the organization (2) meso (group level) and ( 3) Macro (organizational level). The behavioral sciences that make up the OB domain provide elements at each of these levels.
At the group level of analysis, organizational behavior includes studying group gestures, competition, and intra-group and inter-group connectivity. It extends further to the study of leadership, power, norms, interpersonal communication, networks, and roles.
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Multiple Choice Question The changes in the non-cash balance sheet accounts explain the differences between the ______. Multiple choice question. net income and total stockholders' equity income statement and the statement of cash flows net income and total assets income statement and the statement of retained earnings
Answer: income statement and the statement of cash flows
Explanation:
Item5 Item 5 In economic terms, resources that are not being used to satisfy consumer demand Multiple Choice are being conserved. are being wasted. can be used to preserve the environment. can be used for animal welfare.
Items 5 Itemt 5 in economic terms, resources that are not being used to satisfy consumer demand are being wasted.
According to the take-make-waste approach, business takes resources, makes products out of them, and waste whatever is left over.
In economics, resources are defined as services or other assets used to produce goods and services that satisfy human needs and desires. Economics, also called factors of production, classifies resources into four categories: land, labor, capital, and business.
Economic resources can be divided into human resources and physical resources. Human resources include labor and management, and non-human resources include land, capital, financial resources, and technology.
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If overall interest rates in the economy rise, a corporate bond with a fixed interest rate will generally:________
If overall interest rates in the economy rise, a corporate bond with a fixed interest rate will generally decline in value.
What is the difference between Bond Prices Vs Yield?
Bond prices and interest rates go hand in hand. Bond prices typically decline as borrowing costs increase (when interest rates rise), and vice versa.
Consider zero-coupon bonds, which don't pay monthly interest and instead derive all of their value from the difference between the purchase price and the par value paid at maturity.
This is an easy way to understand why bond prices move in the opposite direction of interest rates.
Zero coupon bonds
Zero-coupon bonds are sold below par value and have yields that depend on the price paid, the par value, and the time until maturity.
Zero-coupon bonds, on the other hand, also lock in the bond's yield, which can appeal to some investors.
For example of Zero-coupon bonds,
The current rate of return on a zero-coupon bond with a par value of $1,000 (paid upon maturity in one year) and a market price of $950 is 5.26 percent: $1,000 - 950 950 x 100 = 5.26.
In other words, a person would have to be content with obtaining a 5.26 per cent return if they paid $950 for this bond.
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The pricing strategy that calls for a new product being priced high to make optimum profit while there is little competition is called a(n) price strategy.
The pricing strategy that calls for a new product being priced high to make optimum profit while there is little competition is called as Skimming price strategy
Skimming Pricing, also known as price skimming, is a pricing strategy that sets the price of new products higher and lowers them when competitors enter the market. Skimming prices are the opposite of penetration prices, which set lower prices for newly launched products in order to build a large customer base from the beginning.
Skimming pricing strategy refers to setting relatively high initial prices for new products or services for early adopters who are not price sensitive when there is a strong relationship between price and perceived quality. .. Prices can go down over time.
An example of a skimming strategy can be found primarily when major technology companies such as Apple, Samsung, and Sony are developing new technologies that are known to be in high demand.
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What effect will an increase in interest rates have on the quantity of loanable funds supplied?
As interest rates rise, borrowers' costs rise and they become less likely to borrow, according to the borrower's perspective (the source of demand in the loanable funds framework). When a result, as interest rates rise, less money is being demanded.
The borrowing process is described by the market for loanable funds. Savings are the source of the loanable funds available. It is predicated on borrowing that loanable funds are in demand.
The real interest rate and the amount of loans made depend on how the supply of savings and the demand for loans interact. Real GDP includes investment spending as a significant component.
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A process cost system would be used for all of the following products except computer chips. motion pictures. chemicals. soft drinks.
One thing that a process cost system cannot be used for from the given options is Motion pictures.
What is process costing?
This is a method of allocating cost that is based on the same item being mass-produced such that there is no discernable difference between the goods that were produced.
Motion pictures cannot be mass produced which is why they cannot use process costing, Every motion picture is unique and so something more specific is needed to apportion their cost.
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If the mpc is 0.60 and disposable income increases from $20,000 billion to $22,000 billion, consumption will increase by:__________
If the MPC is 0.60 and disposable income increases from $20,000 billion to $22,000 billion, consumption will increase by 1,200 billion.
First, find the change in disposable income:
22,000 billion minus 20,000 billion = 2,000 billion
multiply by MPC to find consumption increase:
2,000 billion x .60 = 1,200 billion
What does MPC mean?
The marginal propensity to consume (MPC) concept quantifies how much more people will spend for every dollar of new income. The marginal consumption to marginal income ratio, or MPC, is determined.
What is the uses of MPC?
MPC uses a dynamic representation of the process to forecast the controlled variable. The anticipated controlled variable is supplied back to the controller, where it is employed in an online optimization process to decide the manipulated variable by minimizing an appropriate cost function.
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Jin buys a used car from klee. jin knows that loan company has a security interest in the car but is not aware that klee has missed several payments on the loan. loan repossesses the car. jin can recover for breach of warranty from a. loan but not klee. b. neither klee nor loan. c. klee or loan. d. klee but not loan.
Jin buys a used car from klee. jin knows that loan company has a security interest in the car but is not aware that klee has missed several payments on the loan. loan repossesses the car. The correct option is (b) neither klee nor loan.
A loan is a type of debt that a person or other entity incurs. The lender advances the borrower a certain amount of money, typically on behalf of a business, financial institution, or government. The borrower accepts a specific set of terms in return, which may include any financial costs, interest, a repayment schedule, and other requirements.
An amount of money that a person or business borrows from a lender is known as a loan. It can be divided into three basic groups: conventional, open-end and closed-end loans, and unsecured and secured loans.
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A new casino wants to hire about 1,000 employees for its new resort. Applicants are asked to complete an online questionnaire that will later be analyzed using computer software. Only those applicants who have previously worked in hotels and casinos will be considered eligible for the next step in the hiring process. This best exemplifies _____.
When only those applicants who have previously worked in hotels and casinos will be considered eligible for the next step in the hiring process. This best exemplifies a "pre-employment screening process".
What is a pre-employment screening process?Pre-employment screening has several names, including: Background investigations, background screening, and criminal investigations
Some characteristics of pre-employment screening process are-
Pre-employment screening entails gathering all the data necessary to make a wise hiring decision. This entails locating applicants who satisfy established job requirements and confirming the data they supply. Pre-employment screening procedure includes reviewing applications and deciding whether to hire someone.Various components, such as job screening questions included in the employment application, may be part of the screening process. Employing tests that are cognitive, behavioral, or skills-based, conduct pre-employment testing. including phone screenings, video interviews, and in-person meetings with candidates.Pre-employment investigations can differ depending on the applicant, the position, etc. However, it typically takes three to four weeks.To know more about purpose of pre-employment screening, here
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Suppose the Fed sells $ 400 billion in government securities and the reserve ratio is 0.5 . Calculate the resulting change in the money supply. Be certain to include a negative sign. change in the money supply:
The change in money supply is $-800 billion.
What is the change in money supply?The Fed is the Central Bank of the United States. One of the duties of the Fed is to conduct monetary policies. Monetary polices are used to affect the level of money supply in the economy.
One of the monetary policy tools is open market operation. When the Fed sells government securities, it is known as an open market sells. Open market sells reduces money supply in the economy.
Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. The reserve ratio is also used to control the amount of money supply in the economy.
Change in money supply = value of government securities sold / reserve ratio
$400 billion / 0.5 = 800 billion
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A principal has a duty to pay an agent in a timely manner under the customary compensation for services rendered.
a. true
b. false
It is true that principal has a duty to pay an agent in a timely manner under the customary compensation for services rendered.
What is Principal Agent Relationship?This is when two parties have agreed that an agent will act on behalf of the principal in negotiating and transacting business with third parties.
With regards to compensation, when a principal requests certain services from an agent, the principal has a duty to pay the agent, in a timely manner, for those services rendered.
Some of the duties of principal to its agent are:
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