Actual overhead costs may not be proportional to the actual amount of the allocation base used because of 2 Reasons aforementioned.
Many of the real overhead expenses are set.Spending on overhead may not be under control.In the world of business, a continuing cost of running a company is referred to as overhead or overhead charge. Unlike operating expenditures like as raw material and labour, overheads cannot easily be attributed to or associated with any one revenue unit.
Few of instances of overhead expenses.Rent Insurance.Office equipment.Travel.Advertisement costs.Legal and accounting costs.Wages and salaries.Utility chargesTo Learn more about Overhead Cost, Click the links.
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1. give 3 specific value of microeconomic for you as a future government official?
It looks at indirect taxes, subsidies, and price controls as the three main forms of governmental market interference. Each of these government actions is modelled to show how they affect supply and demand as well as the equilibrium of the market for an item or service.
Examples of microeconomics include market failure in the healthcare industry, pricing discrimination in airline tickets, market oligopoly, individual income, and saving choices.
It aids in setting and adjusting the foreign exchange rate and, as a result, is helpful in formulating policies on a global scale. It supports government planning in this way. Microeconomic theories also serve as the foundation for developing social welfare measures.
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When using marshall & swift, adjustments need to be made for construction costs in various locations of the country. this is accomplished through use of?
The following expenses are not covered by the Marshall & Swift Square Foot. Off-site charges such utility bills, park fees, jurisdictional hookup, tapin, impact or entitlement fees or assessments, as well as sidewalks, curbs, and gutters.
Expenditures for supplies, labour, and equipment are all direct costs, as are those related to subcontractors. They may also be referred to as "bare" or "unburdened" expenses. All on-site employees, including security guards who have no direct involvement in the structure being built, are examples of direct costs.
For developing replacement costs, depreciated values, and insurable values of buildings and other improvements, The Marshall & Swift Valuation Service is a thorough, reliable assessment manual.
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Which purchase situation is most likely a low involvement purchase for the consumer?
Tyrone is buying a cup of coffee at the corner coffee shop, which he does most days.
This is further explained below.
What is a consumer?Generally, The process through which a company or other organization acquires the products or services it needs to meet its objectives is known as purchasing.
Even though there are various organizations that make an effort to provide standards for the buying process, individual firms' procedures might be quite different from one another.
A person or group is considered to be a consumer if they intend to order, do order, or use purchased goods, products, or services primarily for personal, social, family, household, and similar needs that are not directly related to entrepreneurial or business activities.
Consumers can be individuals or groups.
In conclusion, Tyrone is doing what he does almost every morning, which is going to the coffee shop on the corner and purchasing a cup of coffee.
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The most effective type of humor for an organizational leader to use is directed at? other departments. group members. himself or herself. the competition.
Himself or herself are the most effective type of humor for an organizational leader to use as directed in the competition .
What makes a fun leader ?
It's rare to see "fun" and "leadership" in the same sentence,. As a student, observer, and teacher of leadership, But this have been discovered in today's time that individuals respond better to leaders who are having fun because they are able to share their enthusiasm, energy, and appeal with others.
Imagine going at the work place and being welcomed with all those attributes. Fun-loving leaders share their enthusiasm with others. It's a fantastic way to boost motivation, problem-solving skills, and morale and even it supports you and others in getting through difficult times.
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Business analytics use blank______ to derive meaning form data by finding patterns to make future predictions.
Business analytics use algorithms to derive meaning form data by finding patterns to make future predictions.
Business analytics tends to focus on data, reporting, and also statistical analysis in order to help in investigating and analyzing the business performance, drive recommendations, and provide insights to improve the performance.
In Business analytics, there are two major types of prediction algorithms used which are, classification and regression. Here the use of predictive analytics is to make future predictions based on the past data. So this algorithm is used in many ways to help companies gain a competitive advantage.
Hence, Business analytics helps a person to make confident data-driven decisions.
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Any purchased materials that will go into the finished product are first recorded in the inventory account. True or false?.
TRUE, any purchased materials that will go into the finished product are first recorded in the inventory account.
A product is an item presented for sale. A by-product can be a carrier or an object. it can be bodily or in virtual or cyber form. every derivative is made at a cost and each is sold at a price. The fee that may be charged relies upon available on the market, the pleasant, the advertising and marketing and the section this is targeted.
A derivative is any object or provider you sell to serve a consumer's need or want. They can be bodily or digital. bodily merchandise encompasses long-lasting items (which includes cars, fixtures, and computers) and nondurable goods (which include food and beverages).
something produced in a general commercial or biological process in addition to the primary by-product Sulfured molasses is of sugar refining.
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why the pattern of employment in a country may change over time？（essay question）
Answer:It would most likely change overtime because technology is being advanced.
Explanation:
The actions that firms in an industry must perform in the process of designing, manufacturing, and providing customer service are called:__________
The actions that firms in an industry must perform in the process of designing, manufacturing, and providing customer service are called: value activities
What are primary value activities?
The primary activities of the value chain are inbound logistics, operation outbound logistics, marketing and sales, and service. Secondary activities or the support activities like firm infrastructure, human resources management, and procurement
What is an example of a value chain activity?
The activities associated with this part of the value chain are giving service to maintain the value of the product after it has been sold and delivered. Examples: installation, repair, training, parts supply and product adjustment.
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Creating value for the consumer is one important responsibility for marketers, but no less critical is the marketer's responsibility for creating value for the firm.
Powerfully Fit needs to concentrate on attracting new customers in addition to retaining its current clientele. In light of this, Powerfully Fit should allocate a portion of its marketing budget to both new customer acquisition and customer retention.
REASONING: You should be aware of this marketing idea. Constantly investing in just new customers is more expensive than keeping existing customers. When a customer is a returning one with whom you already have a valued relationship, it is much simpler to add items to their cart than when they are a brand-new customer. You want both existing and potential customers to contribute to strengthening your bond with them.
Who is a marketer?
A company or individual is referred to as a market maker if they actively quote two-sided markets for specific security by providing asks and bids as well as the market size for each. Market makers contribute liquidity and depth to markets and make money from the spread between the bid and ask prices. They could also execute principal trades or trades for their own accounts.
Market makers are frequently brokerage firms that offer trading services to investors in an effort to maintain the liquidity of the financial markets. A local trader, also known as an individual trader, is another type of market maker.
The majority of market makers work for large institutions because of the size of securities required to accommodate the volume of purchases and sales
Thus, Marketers are very crucial for any business.
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Complete Question
Creating value for the consumer is one important responsibility for marketers, but no less critical is the marketer's responsibility for creating value for the firm.
One measure of value from a firm's perspective is whether the exchange was profitable to the firm. Loyal customers are often, but not always, the most profitable customers.
Your marketing analysts have developed two different customer relationship strategies at your request. You need to choose the strategy that will maximize value for the firm.
A conflict of interest between the stockholders and managers of a firm is referred to as the:_____.
a. stockholders' liability.
b. corporate breakdown.
c. agency problem.
d. corporate activism.
Agency costs refer to:
C. The expense of the conflict of interest between stockholders and manager.
What is the conflict of welfare between managers and stockholders?An agency problem is a conflict of interest ingrained in any relationship where one party is expected to act to another's best appeals. In corporate finance, an agency problem usually guides to a conflict of interest between a firm's management and the firm's stockholders.
Shareholders and managers can operate in a hierarchy in which principals try to control the actions of agents to perform the wealth objective.
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The fed's strategy of increasing the money supply and lowering interest rates in order to increase real gdp is called?
A strategy known as Expansionary Monetary Policy is a method Fed uses to increase money supply and lower interest rates in order to increase the real GDP.
As a result of expansionary monetary policy, consumer consumption, stakeholder investments, and net exports will likely all rise.
Due to their desire to boost or increase the real GDP, the government purchases will not ramp up under this strategy. When real GDP is significantly greater than potential GDP and the price level is soaring, the government would want the economy to contract.
Actually, if the Fed takes too long to respond to a global recession or a market crash and only implements the strategy called expansionary monetary once the economy starts to rebound, inflation will be twice as high than if the government had not intervened at all.
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Kodi company has a debt-equity ratio of .80. return on assets is 7.4 percent, and total equity is $460,000. a. what is the equity multiplier?
Kodi organization has a debt-equity ratio of .eighty. go back on belongings is 7.4 percent, and total fairness is $460,000. the equity multiplier: $61272.
Debt fairness ratio=debt/equity
therefore debt=(zero.8*460,000)=$368,000.
as a result total belongings=(debt+equiyy)
=($368000+$460,000)=$828,000.
1.fairness mulitplier=overall assets/total fairness
=(828000/460000)=1.8
2.ROE=internet earnings/overall fairness
=(61272/460,000)=13.32%.
three.ROA=internet profits/general belongings
as a result net profits=(7.four%*828000)=$61272.
The debt-equity ratio is an economic ratio indicating the relative proportion of shareholders' equity and debt used to finance a corporation's property. intently related to leveraging, the ratio is likewise called risk, gearing, or leverage.
The debt-equity ratio measures your business enterprise's overall debt relative to the amount at the beginning invested by means of the proprietors and the profits which have been retained over the years.
The most excellent debt-equity ratio will tend to differ broadly by means of enterprise, but the standard consensus is that it should no longer be above a stage of 2. zero. while a few very huge companies in fixed asset-heavy industries (along with mining or production) may have ratios higher than 2, those are the exception instead of the guideline.
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The primary challenge of virtual team meetings, as reported by professionals in virtual teams, is?
Professionals working in virtual teams claim that the main difficulty with virtual team meetings is the lack of time for relationship-building.
A virtual team, often referred to as a geographically dispersed team, distributed team, or remote team, is a group of people that work together remotely and rely on communication tools like email, instant messaging, and audio and video conferencing services to interact.
The phrase may also be used to describe teams or groups who collaborate asynchronously or across organizational levels. Virtual teams are described by Powell, Piccoli, and Ives (2004) as "groups of geographically, organizationally, or time dispersed workers brought together by information and telecommunication technology to complete one or more organizational tasks."
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An example of a real estate asset that trades in the public equity market is: _______
a) real property.
b) home mortgages.
c) equity reits.
d) commercial mortgage backed securities (cmbs)
An example of a real estate asset that trades in the public equity market is Equity REITs. Option C
This is further explained below.
What is real estate?Generally, Real estate is a type of property that includes both the land and the structures that are located on it, as well as the land's natural resources, which may include things like crops, minerals, or water.
The equity market, sometimes referred to as the stock market and the share market is a venue for the trading of shares in businesses or other organizations.
The market provides a forum for buyers and sellers of equity or shares to engage in transactions together.
Over-the-counter stock trades and those conducted on regulated stock exchanges both take place in the framework of global finance.
In conclusion, Stock REITs are a kind of real estate investment that may be purchased and sold on the public equity market. Alternative C
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If a customer buys 1 xyz aug 50 put at 1 and sells 1 xyz aug 65 put at 10 when xyz is at 58, the maximum potential gain is?
If a client buys 1 XYZ Aug 50 put at 1, and deals 1 XYZ Aug 65 put at 10 when XYZ is at 58, the greatest potential gain is 900.
The Formula and Calculation of Time ValueThe instructions below show that time value is derived by removing an option's intrinsic value from the option bonus. In other words, the time worth is what's left of the premium after calculating the profitability between the strike expense and the stock's price in the market.
The maximum gain on any distinction spread is the net credit. In this issue, $1,000 was received and $100 paid out, so the net recognition is $900.
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_____ is the ability and willingness to assess claims and make judgments on the basis of well-supported reasons and evidence, rather than from emotion or anecdote.
Critical thinking is the ability and willingness to assess claims and make judgments.
What is meant by critical thinking?Critical thinking is a rich concept that has been developing throughout the past 2,500 years.The term "critical thinking" has its roots in the mid-late 20th century. Below, we offer overlapping definitions which together form a substantive and trans-disciplinary conception of critical thinking.
Critical thinking is the intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating information gathered from, or generated by, observation, experience, reflection, reasoning, or communication, as a guide to belief and action.
In its exemplary form, it is based on universal intellectual values that transcend subject matter divisions: clarity, accuracy, precision, consistency, relevance, sound evidence, good reasons, depth, breadth, and fairness.
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______ is achieved through efficient operations, excellent supply chain management, and strong relationships with suppliers.
Operations efficiency, superior supply chain management, and solid supplier relationships are the keys to operational excellence.
When a company implements and carries out its regular business operations better than its rivals in a given market or industry, it is said to be exhibiting operational excellence. It's a way of thinking that puts a greater emphasis on leadership, teamwork, and problem-solving techniques than competitors or alternatives do.
Businesses that concentrate on operational excellence strategies comprehend the benefits to their customers of consistency, simplicity, lesser errors, and faster turn-around, as well as how to address problems that hinder their operating model. Every job within the company is affected by this idea. Everyone at organizations with operational excellence performance knows how they can help the company achieve its objectives of lowering costs, raising volumes, automating tasks, and streamlining processes.
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The price of homes in a typical community will not have a normal distribution because _____
The price of homes in a typical community will not have a normal distribution because there are usually a few expensive homes that are far away from the rest of the data.
What is normal distribution?Normal distribution, can be described as the Gaussian distribution, which can be expressed as the probability distribution and this focus on the symmetric system of the mean.
Which help to display that the data near the mean are more frequent with respect to the occurrence compare to data that are far from the mean.
In conclusion , the Home prices are economic variables which can be seen as right-skewed distributions.
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The types of quasi-contractual terms with which employees view what they owe their employer and what their employer owes them are referred to as:_____.
The types of quasi-contractual terms with which employees view what they owe their employer and what their employer owes them are referred to as Contractual agreement.
What is Quasi-contract terms?
When there is a dispute between the parties and there was no initial agreement between them, the court may construct an out-of-order contract. This contract has the obligation to prevent one party from unfairly benefiting at the expense of the other parties. This circumstance is known as a quasi-contract.A retroactive agreement between two parties with no prior contractual responsibilities is known as a quasi contract.A court enacts it to address a situation where one party gains something at the expense of the other.A retroactive agreement between two parties with no prior contractual responsibilities is known as a quasi contract. A court enacts it to address a situation where one party gains something at the expense of the other.To know more about Quasi-contract visit:
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Consumers make different purchase decisions when they are in a hurry. this is an example of _____ influencing a purchase situation.
If consumers make different purchase decisions when they are in a hurry. this is an example of time influencing a purchase situation.
What is purchase decision?Purchase decision can be defined as the decision made by buyer when they want to buy a product as to whether they should go for a product or not or when buyers what to choose between two option.
Time can tend to influence a buyer purchase decision in a situation were the buyer is in hurry making them to make different purchase decision.
Therefore If consumers make different purchase decisions when they are in a hurry. this is an example of time influencing a purchase situation.
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If interest rates decline, which would you rather be holding, long-term bonds or short-term bonds?.
If interest rates decline you would as an alternative be holding lengthy-time period bonds due to the fact their price could boom greater than the price of the fast-time period bonds, giving them a better return. but, lengthy-term bonds have a more interest-charge risk.
Interest is charged from a borrower or deposit-taking monetary organization to a lender or depositor of an amount above compensation of the predominant sum, at a particular charge. it's miles awesome from a rate which the borrower may also pay the lender or a few third celebrations.
Interest is described as the amount of money paid for using someone else's money. An example of the interest is the $20 that became earned this 12 months on your savings account. An example of the interest is the $2000 you paid in interest this yr on your home loan.
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A ________ refers to a competitive strategy in which firms attempt to achieve lower business process costs.
A strategy of cost competition refers to a competitive strategy in which firms attempt to achieve lower business process costs. Option A
This is further explained below.
What is the strategy of cost competition?Generally, The fundamental component of the cost-cutting technique is the "bare bones" approach.
In order to give customers lower prices and, as a consequence, to increase the amount of money those customers save, the objective of cost leadership is to cut expenditures to the lowest possible level.
In conclusion, The term "cost competition" refers to a kind of competitive strategy in which businesses work on lowering the overall costs associated with their business processes. Alternative A
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complete question
A ________ refers to a competitive strategy in which firms attempt to achieve lower business process costs.
A) strategy of cost competition
B) scope strategy
C) customer intimacy strategy
D) focus/market niche strategy
1.1.2 Explain how entrepreneurs in your community used creative thinking to generate entrepreneurial opportunities
One of the things that every leader and businessperson needs is creativity. The boundaries of an investor's thinking and skill set are removed through creativity. As a result, entrepreneurship and creativity go together perfectly.
Entrepreneurship requires enthusiasm, willpower, tenacity, and the capacity for innovation. Running a small or medium-sized business requires a lot of courage and a little bit of madness. However, creativity should be the most significant quality.
Thinking creatively is a strategy for bringing a new perspective to issues and circumstances. It is frequently referred to as "thinking outside the box" and revolves around ignoring the more conventional, orthodox, and practical approach in favor of coming up with creative solutions to issues.
Making connections between people, products, and concepts that no one has ever made before is another example of creative thinking. It can also involve recognizing patterns where others might not be able to.
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When kraft focused on cost cutting with its older, established brands, leaving them to wither without much investment or modification, kraft decided to ________ the older products.
When kraft focused on cost cutting with its older, established brands, leaving them to wither without much investment or modification, kraft decided to Harvest the older products.
In order for the parties concerned to reap—or, harvest—the most possible profits, a harvest strategy is a marketing and business plan that entails a reduction or termination of investments in a product, product line, or line of business. When it is judged that additional investment won't increase product income in the future, a harvest plan is often used toward the conclusion of a product's life cycle.
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When a firm's customers make investments in order to use its particular product or service, the customers incur which type of costs if they purchase another firm's products or services instead?
When a firm's customers make investments in order to use its particular product or service, the customers incur switching costs if they purchase another firm's products or services instead. Therefore, the option B holds true.
What is the significance of switching costs?The switching costs can be referred to or considered as the costs incurred by the customers of a product or a service when they use the alternatives or the competitive products available in the market, instead of the product they were using earlier.
Therefore, the option B holds true and states regarding the significance of the switching costs.
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When a firm's customers make investments in order to use its particular product or service, the customers incur which type of costs if they purchase another firm's products or services instead?
A. Acquisition costs
B. Switching costs
C. Alternative costs
D. Replacement costs
Margie listed her real estate for sale at $100,000. if her cost was 80 percent of the listing price, what will her percentage of profit be when her real estate is sold for the listing price?
Margie listed her real estate for sale at $100,000. if her cost was 80 percent of the listing price, her percentage of profit when her real estate is sold for the listing price will be 1.25%.
Her profit is $100,000 on her cost of $80000, so is 100,000/80000 × 100% =1. 25%
Her percentage of profit when her real estate is sold for the listing price will be 1.25%
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During an evacuation it is imperative that the employer gives someone the task of?
During an evacuation, it is imperative that the employer gives someone the task of accounting for all the employees.
Whenever we have identified the task of all the possible sources of an emergency situation then there the next step is to create a detailed response and major evacuation plans that will be describing how employees will respond to each upcoming specific hazard. These procedures should be taken the layout as well as the structural features of the workplace into account along with many automated emergency systems which we may install.
Employers who own responsibility and operate more than one worksite should be creating a separate EAP for each location to ensure that every evacuation routes are accurate and in up-to-date condition. Remember that emergency preparedness is an ongoing process and it is why employers should be continuously reviewing the response plans and updating their policies if the identification of new hazards takes place.
We may want to consider the designation of an assembly location and those procedures after an evacuation to account for all employees. A secured on- or offsite location is enabled to store either originals or duplicate copies of accounting records, legal documents, emergency contact lists, and other essential records.
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In the context of the value of buyers, the combined total of all future sales is known as the _____.
In the context of the value of buyers, the combined total of all future sales is known as the Customer lifetime value
What is customer lifetime value?
The overall value of a client to a company over the course of their relationship is known as customer lifetime value. It's a crucial statistic because it's less expensive to retain current clients than to find new ones, so boosting the worth of your current clientele is a terrific method to spur growth.
Having a clear understanding of the CLV enables firms to create strategies that will both attract and keep customers while preserving profit margins.
The Net Promoter Score (NPS), which measures customer loyalty, and the Customer Satisfaction Index (CSAT), which measures customer satisfaction, are different from customer lifetime value (CLV) because CLV is directly related to revenue rather than being an essentially intangible promise of loyalty and satisfaction.
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True or false: a contra-asset account, such as accumulated depreciation, will have a normal debit balance.
This problem is false statement. as contra-asset account, such as accumulated depreciation, will have a normal debit balance
What is accumulated depreciation?
Any collection of activities and procedures utilized during the manufacture of any items constitutes a manufacturing system. Businesses have evolved a number of diverse systems and procedures over time, but they have grown in significance as a component of any production environment.
Therefore,
This problem is false statement.
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A neighborhood where the most likely buyer for properties will be investors is an indication that the neighborhood is in the ___________ phase of its life cycle.
A neighborhood where the most likely buyer for properties will be investors is an indication that the neighborhood is in the Decline phase of its life cycle.
What is Decline Stage?
A decline is a fall or drop, and the decline stage of the product life cycle reflects behavior that is similar for products. When a product disintegrates as a result of slowing down or experiencing negative growth, it enters the decline stage of its life cycle. The strength for the product's success up to this point came from the introduction and growth stages, and with most items, the fall stage is brought on by reduced demand, which ultimately arises from new inventions and technological breakthroughs. The company's profitability will drop until it becomes uneconomical to manufacture and sell the product, at which point manufacturing will stop.
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