It is FALSE to assert that it is a new product use if an existing product is sold to teenagers in one country and a new entry involves sales to teenagers in a new country.
What is a new product use?A new product use refers to the first usage of a new product by customers anywhere in the world. A new product is also new even to the company that sells it.
But if the company had acquired some selling experience about the product in one country, it is not a new product use when it sells the product in a new country.
Thus, it is FALSE to assert that it is a new product use if an existing product is sold to teenagers in one country and a new entry involves sales to teenagers in a new country.
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For ingested foods, the first opportunity for enzymatic digestion occurs in the _____.
What are two primary factors that are likely to result in changes to the services industry in the future
Answer:
social imperative for sustainability
Technological development
Explanation:
If your co-workers make long-distance calls on company time and at company expense, you might view that behavior as acceptable and ethical because everybody does it. What is the factor affecting the ethical behavior here
The actions and decisions of coworkers who were making long-distance calls on company time is the factor affecting the ethical behavior here.
What is a business ethics?These are moral principles that serves as guide for way of conducting oneself, business and transactions in a firm.
Generally, the actions and decisions of coworkers are part of what shape a person's sense of business ethics.
Therefore, the actions and decisions of coworkers are the factors affecting the ethical behavior.
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In a large open economy, what is the source of the demand for loanable funds?.
In a large open economy, the source of the demand for loanable funds comes from domestic investment and net capital outflow.
What is an Open economyAn open economy refers to a type of economy where not only domestic factors but also entities in other countries participate in trade of goods and services.
Trade in an open economy can be in the form of managerial exchange, technology transfers, and all kinds of goods and services.
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An outlet or brand whose performance confirms a low-performance expectation generally will result in _____.
a. satisfaction
b. dissatisfaction
c. nonsatisfaction
d. elation
e. anger
An outlet or brand whose performance confirms a low-performance expectation generally will result in non satisfaction.
What is consumer behaviour?Consumer behavior is the study of how people make decisions about their daily need and wants.
It is the study with respect to the consumers & the process at the time of choosing and sale of the goods & services that involved the responses of the consumers in terms of emotional & behavioral.
Hence, an outlet or brand whose performance confirms a low-performance expectation generally will result in non satisfaction.
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Income statements that display additional relationships rather than a single comparison of all revenues minus all expenses are called
Income statements that shows additional relationships rather than a single comparison of all revenues minus all expenses are referred to as multi-step income statements.
What is an income statement?An income statement can be defined as a financial document which is typically used by an entrepreneur or business firm to record the amount of money (revenues) that are entering into a business.
In financial accounting, a multi-step income statement refers to an income statement that generally shows additional relationships with respect to a business' revenue, rather than a single comparison of all revenues minus all expenses.
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The use of computerized accounting systems ________. Reduces the pressure on managers in making financial decisions. Makes it possible for most firms to operate without the expense of hiring or consulting with accountants. Allows firms to generate financial information almost instantly and whenever the organization needs it. Creates an environment in which accounting has become nothing more than glorified bookkeeping, as all accountants are required to do is enter data into the system and monitor the results the program generates
The use of computerized accounting systems allows firms to generate financial information almost instantly and whenever the organization needs it.
What is an accounting system?An accounting system makes use of a computerized system to manage a business or companies account.
It keeps and monitors all accounting record for easy tracking of income, expenses, and other financial activities.
Therefore, The use of computerized accounting systems allows firms to generate financial information almost instantly and whenever the organization needs it.
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Which intangible assets are amortized over their useful life?.
Copyrights and patents are examples of intangible assets with identifiable useful lifetimes (limited-life). These things are straight-line amortized over their economic or legal life, whichever is lesser.
What exactly is an intangible asset?An Intangible asset, is a distinguishable non-monetary asset that lacks physical substance. An asset is a resource that the entity controls as a result of past actions (such as acquisition or self-creation) and from which future economic advantages (inflows of cash or other assets) are expected.
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A price-discriminating company can attract more customers by _____ price, as long as _____.
Answer:
The answer is reducing; the price is above its marginal cost
Explanation:
A price-discriminating company can attract more customers by reducing price, as long as the price is above its marginal cost.
In order, the steps of the strategic-management process are.
The steps of the strategic-management process are.
Strategic Analysis and Inputs Strategy FormulationStrategy ImplementationWhat is Strategic management process?Strategic management process is a process that a business can use to outdo the competitors.
Starting from the Strategic Analysis and Inputs which is the first step where data about competitors are been gathered, to the last steps are necessary to outdo the competitors.
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During its first year of operations, Novak Corp. Had these transactions pertaining to its common stock. Jan. 10 Issued 26,000 shares for cash at $4 per share. July 1 Issued 55,000 shares for cash at $9 per share. (a) Journalize the transactions, assuming that the common stock has a par value of $4 per share. (b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $3 per share
The journal entries to record the common stock transactions under the two scenarios are as follows:
a) Assuming that the common stock has a par value of $4 per share:
Jan. 10 Debit Cash $104,000
Common Stock $104,000
July 1 Debit Cash $495,000
Common Stock $220,000
Additional Paid-in Capital $275,000
b) Assuming that the common stock is no-par with a stated value of $3 per share
Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000
July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000
What is the difference between par value and stated value?There is no major difference between the par value and the stated value of the common stock, except as follows.
While the stated value is assigned when there is no par value for accounting purposes, the par value is assigned when the shares are authorized for issuance.
The two function as the face value of the shares which can be compared to the market value to discover if there is additional paid-in capital or not.
Data and Calculations:a) Jan. 10 Cash $104,000 Common Stock $104,000
July 1 Cash $495,000 Common Stock $220,000 Additional Paid-in Capital $275,000
b) Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000
July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000
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If you can follow a definite procedure to make a business decision, you are making a(n) ________ decision.
If you can follow a definite procedure to make a business decision, you are making a(n) E) structured decision.
What is a structured decision?A structured decision-making process follows some defined processes.
A set of predetermined steps are always followed such that solutions to business problems rely less on intuition or personal judgment.
Another characteristic of structured decision-making is that decisions are straightforward, returning the same solution every time.
However, a good decision-making process should result in a large monetary value for the firm with improved efficiency, production, costs, and more added values.
Answer Options:A) ad-hoc
B) procedural
C) unstructured
D) semi-structured
E) structured
Thus, if you can follow a definite procedure to make a business decision, you are making a(n) E) structured decision.
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Wells fargo’s cross-selling scandal resulted in the creation of millions of fake accounts, betraying the trust of its customers. Wells fargo has launched a series of campaigns to reestablish its credibility as a trusted bank. If wells fargo wants to identify changes in public opinion impacting the firm, it should conduct _______.
Assuming wells fargo wants to identify changes in public opinion impacting the firm, it should conduct Environmental monitoring.
What is Environmental monitoring?Environmental monitoring can be defined as the method of observing or monitoring an environment using specialized techniques.
Environmental monitoring is important as it can help to study the environment by providing accurate and neccessary information needed about the surrounding including the impact an activity has on an environment.
Inconclusion it should conduct Environmental monitoring.
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Mueller Corp. determines that it is more likely than not that $100,000 of its $500,000 deferred tax asset will not be realized in future years. Mueller should record a journal entry that includes a ________ to _________.
Answer:
$100,000 debit; income tax expense
Explanation:
Mueller Corp. determines that it is more likely than not that $100,000 of its $500,000 deferred tax asset will not be realized in future years. Mueller should record a journal entry that includes a Debit to Income Tax Expense.
What is Debit?
A debit is an accounting entry that creates a decrease in liabilities or an increase in assets. In double-entry bookkeeping, all debits must be offset with corresponding credits in their T-accounts. On a balance sheet, positive values for assets and expenses are debited, and negative balances are credited.
A debit can signify an increase in asset, an expense, and the owner's drawings. A debit can also signify a decrease in a liability, revenues and owner's equity.
What is Income Tax Expenses?Income tax expense is the amount of expense that a business recognizes in an accounting period for the government tax related to its taxable profit.
The amount of income tax expense recognized is unlikely to exactly match the standard income tax percentage that is applied to business income, since there are a number of differences between the reportable amount of income under the GAAP or IFRS frameworks and the reportable amount of income allowed under the applicable government tax code.
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A marketing executive wants to forecast the minimum budget for the company's app installs goal for the next campaign. What should be used
The marketing executive need to use the Cash Flow Forecasting to forecast the minimum budget for the company's app installs goal for the next campaign.
What is a Cash Flow Forecasting?This refers to process of estimating the flow of cash into and out of your business over a period of time.
Hence, the preparation of this Cash Flow will let the marketing executive know the minimum budget to be need for sponsoring the company's app installs goal for the next campaign.
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In which two market structures can the taxi industry and shisanyama/chicken braai/chicken dust around your community be classified
The two market structure that taxi industry and shisanyama/chicken braai/chicken is oligopoly and monopolistic competition.
What is market structure?Market structure is a strategy that show how different firms or industries are classified and differentiated based on the types of goods they sell or produce and how their operations are affected by external factors.
Therefore, The two market structure that taxi industry and shisanyama/chicken braai/chicken is oligopoly and monopolistic structure.
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At base, the mainstream concept of poverty translates to a. sufficient hard currency but insufficient purchasing power. b. an almost Calvinist self-betterment. c. unfulfilled material needs. d. an abundance of liquidity.
At base, the mainstream concept of poverty translates to c. unfulfilled material needs.
What is Poverty?This refers to the financial state of not being able to afford the basic needs of a person.
Hence, at the base level, the mainstream concept of poverty translates to "not enough money in the pocket" which has to do with low or insufficient purchasing power and this leads to a list of c. unfulfilled material needs.
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According to expectancy theory, ______ is important in a benefits package because it gives employees the benefits that are of value to them. a. experience b. rating c. rigidity d. flexibility
The expectancy theory shows that in order for employees to get benefits that are of value to them, D. Flexibility is important.
What does the expectancy theory say?According to the expectancy theory, it is best that employees are given the benefits that they as individuals value.
For this to happen, there needs to be flexibility in the type of benefits offered by the company.
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A Blank______ does not require consumers to do anything other than buy a ticket or fill out a form for a chance to win some type of prize.
Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.
What is Sweepstakes?Sweepstakes is a form of gambling in which everyone involved in the contest pay a certain amount of money and the winner is awarded with a price or the money contributed.
Therefore, Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.
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In macroeconomics, a _______________ describes the common way in which market values are measured in an economy.
Answer:
unit of account that is your answer
Assume a zero-coupon bond that sells for $403 and will mature in 10 years at $1,250. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. What is the effective yield to maturity
The effective yield to maturity of the zero coupon bond given the sellign price and the maturity value is 12%.
What is the yield to maturity?A zero-coupon bond is a bond that does not pay interest during its life. The yield to maturity of a bond is the discount rate that equates the cost of the bond to the maturity value.
The yield to maturity can be determined using a financial caculator:
Cash flow in year 0 = -403Cash flow in year 1 to 9 = 0 Cash flow in year 10 = 1250Yield to maturity = 12%
Why would a typical U.S. business fail to take the social costs of pollution into consideration during the development of their operating strategies
Most US companies will not factor in social costs of pollution in operating strategies simply because it is not binding on them to pay for pollution they cause.
What is Pollution?Pollution is defined is depostion of waste material into the environment, the effect is motly injurious to the environment to the tone of damage in the ecosystem.
Environmental Pollution is behind the depletion of our ozone layer
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The process of identifying and attracting a qualified pool of applicants for vacant positions is called recruiting.
A. True
B. False
It is true to say that the recruiting process takes place in the identification and attraction of a qualified group of candidates for vacant positions.
How to carry out an effective recruiting?It is essential that the organization analyze the needs for the available position and search for professionals with the necessary profile and qualifications, carrying out structured interviews to identify the ideal candidate.
Therefore, the recruitment process is essential in an organization to select new talent that will help an organization to be more productive and innovative.
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The activities that managers create to attract and retain employees and to ensure that they perform at a high level to help an organization accomplish its goals are called ______.
Managers attract and retain employees and ensure that employees perform at a high level to accomplish the firm's goals through human resource management.
What are human resource management activities?Human resource management activities include:
RecruitmentTraining and developmentPerformance appraisalCompensation and rewardingEnsuring the safety and welfare of the human resource.Thus, Managers attract and retain employees and ensure that employees perform at a high level to accomplish the firm's goals through human resource management.
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2021 2020 2019 2018 2017Sales $ 282,880 $ 270,800 $ 252,600 $ 234,560 $ 150,000Cost of goods sold 128,200 122,080 115,280 106,440 67,000Accounts receivable 18,100 17,300 16,400 15,200 9,000Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable.
Based on the net sales, the cost of goods sold, and the accounts receivable over the years, the net sales are favorable while the others are unfavorable.
What is trend for net sales sold?2017 is to be used as the base year which means that all denominators will be the 2017 net sales figure of $150,000.
2017: 2018: 2019:
= 150,000 / 150,000 = 234,560 / 150,000 = 252,600 / 150,000
= 100% = 156.37% = 168.40%
2020: 2021:
= 270,800 / 150,000 = 282,880 / 150,000
= 180.53% = 188.59%
This trend is favorable as it shows net sales are rising.
What is the trend for cost of goods sold?2017: 2018: 2019:
= 67,000 / 67,000 = 106,440 / 67,000 = 115,280 / 67,000
= 100% = 158.87% = 172.06%
2020: 2021:
= 122,080 /67,000 = 128,200 / 67,000
= 182.21% = 191.34%
Cost of goods are an expense so this is Unfavorable.
What is the trend for accounts receivable?2017: 2018: 2019:
= 9,000 / 9,000 = 15,200/ 9,000 = 16,400 / 9,000
= 100% = 168.87% = 182.22%
2020: 2021:
= 17,300 / 9,000 = 18,100 / 9,000
= 192.22% = 201.11%
The business needs cash so when more is tied up as Accounts Receivables this is Unfavorable.
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Blanche, a minor, enters into a contract to buy two all-season passes from Chalet Mountain Resort. The contract will be made enforceable if Blanche
Answer:
ratifies it
Explanation:
When selling to the customer. List the things about the product that a salesperson should be prepared to discuss:
Answer:
Well it can depend on what product your selling, but the basics topics or the following-
The consumers needs
Price
Value
Warranty
Explanation:
It all varies on what item your selling.
HGD
-gjost
What are the benefits of a woman working in her own company of construction?
(is her own boss)
Answer:
She gets to choose her hours, pick where she works, etc
Explanation:
If she owns the company then she chose her work conditions
Answer:
She gets to chose her hours, and whom works for her. And also how it is ran.
Explanation:
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Maya is hoping to hire lifeguards to work at her community pools this summer. What is the first step she must take in this process
The first step Maya should take in the process of hiring lifeguards to work in the summer is to start the process of recruiting and selecting candidates.
What is recruitment and selection?It is the process of identifying the need to hire employees to fill open positions in an organization, according to the profile and qualifications required for the position.
Therefore, through a structured recruitment process, with resume analysis, interviews and tests, the company will identify the ideal professional to contribute with innovation and knowledge to achieve organizational goals.
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Ringing telephones, thoughts about unrelated issues, and fatigue may contribute to a breakdown in ______ between managers and employees.
Ringing telephones, thoughts about unrelated issues, and fatigue may contribute to a breakdown in communication between managers and employees.
What is a Business Relationship?This refers to the interaction between the employer and his employees that helps to effectively communicate business ideas and information.
Hence, we can note that if there are constant distractions in the workplace such as ringing telephones, unrelated home issues, and fatigue can also impact negatively on a business relationship.
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